Friday, April 17, 2015 Daily Archives

Sartorius Stedim Biotech Acquires UK-Based CRO, BioOutsource

Sartorius Stedim Biotech (SSB), a leading international supplier for the biopharmaceutical industries, today acquired the Scottish company BioOutsource Ltd. The privately owned company based in Glasgow, UK, has been operating in the biotechnology market since 2007, and in the last twelve months earned revenue of around 9 million euros with approx. 85 employees. The contractual parties agreed not to disclose any further details of the transaction. BioOutsource provides contract testing services to global biopharmaceutical clients in order to monitor the safety…