Abstract
The testing services giant Eurofins Scientific has agreed to acquire Advinus, an India-based contract research firm owned by the conglomerate Tata Industries. The deal will mark Eurofins’s third acquisition of a contract development and manufacturing organization (CDMO) in two months. “We are confident that with access to Eurofins’s global network and technical competencies, Advinus will be able to rapidly expand its analytical portfolio and services,” says KRS Jamwal, executive director of Tata and chairperson of Advinus. The Indian firm has more than 10 years of experience supplying research services to the pharmaceutical, agricultural chemical, and cosmetics industries. And Eurofins will add an Indian element to a recent push into the pharmaceutical research services business. In June, the company announced the purchase of Alphora, an Ontario-based firm that manufactures niche small-molecule active pharmaceutical ingredients (APIs), including cytotoxic and highly potent compounds. Eurofins framed that ...
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