Eurofins Scientific acquired Beacon Discovery to significantly strengthen its expertise in drug discovery

▴ Eurofins Scientific acquired Beacon Discovery to significantly strengthen its expertise in drug discovery
Eurofins acquired Beacon Discovery for its innovative approach, years of experience in drug discovery and development

Eurofins Scientific, a world leader in bioanalytical tests announces the acquisition of Beacon Discovery, a contractual research (ORC) and drug discovery organization specializing in research on G protein-coupled receptors (GPCRs). Beacon Discovery integrates Eurofins Discovery, a leading CRO with the broadest portfolio of validated in vitro pharmacology, ADMET , and chemistry services for integrated drug discovery solutions. The transaction should be finalized in the coming weeks, subject to the satisfaction of customary closing conditions.

Eurofins acquired Beacon Discovery for its innovative approach, years of experience in drug discovery and development, as well as for its deep expertise in GPCR research, complemented by its unrivaled library of compounds. The acquisition of Beacon Discovery consolidates Eurofins' strategy, which consists of becoming the essential partner of the pharmaceutical industry, by bringing experience in drug discovery, knowledge and a proven track record in the discovery and development of new therapeutic agents. Beacon Discovery significantly enhances the capabilities and innovative methods of Eurofins Discovery to support and accelerate drug research and development, and to seize opportunities for

Dr Sunny Al-Shamma, CEO of Beacon Discovery, said: "Beacon Discovery is delighted to join Eurofins. Our arrival in the Eurofins Discovery organization strengthens our ability to continue our drug discovery efforts and provides integrated services in this area. , coupled with the additional capacities provided by Eurofins Discovery ".

Dr Gilles Martin, CEO of Eurofins, said: "Beacon Discovery strengthens expertise in GPCR targets, drug discovery and development experience in order to diversify our integrated service offering. This transaction once again demonstrates our commitment of Eurofins to provide the most comprehensive possible portfolio of laboratory services in the field of pharmacological discovery, which is currently experiencing a strong trend towards outsourcing.

Tags : #EurofinsScientific #LatestNewsonEurofinsScientific19thFeb #BeaconDiscovery #LatestPharmaNews19thFeb #LatestPharmaAcquisitionNews19thFeb

About the Author


Team Medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

10 PCOS Warning Signs That Need Your AttentionDecember 27, 2024
Experts Dub 2024 as the Year of Technologies and Innovations in Healthcare; Stress on further Integration of Technologies December 27, 2024
Aakash Healthcare Partners with Japan for Groundbreaking Surgical Intervention: A Global Collaboration to Revolutionize Cardiovascular CareDecember 26, 2024
Traditional Medicine Goes Global: How Ayush 2024 Reimagined WellnessDecember 26, 2024
Aster Guardians Global Nursing Award 2025 worth INR 2 Crore now open for nominations worldwide December 26, 2024
Holiday Season Round the Corner? 6 Daily Habits That Could Be The Reason Behind Your Fatty LiverDecember 26, 2024
Healing the Nation: Doctors as Architects of a Healthier FutureDecember 26, 2024
Brewing Health Benefits: Can Coffee and Tea Help Fight Head and Neck Cancers?December 26, 2024
Seven-Year-Old Fights Back Against Rare Autoimmune DiseaseDecember 26, 2024
Olympus Named to Dow Jones Sustainability World Index for the Fourth Consecutive YearDecember 26, 2024
American Oncology Institute (AOI) in Nagpur Restores Mobility with KyphoplastyDecember 26, 2024
Sanjeevani Healthcare & Wellness Expo 2024: A Dynamic Platform for Global Healthcare CollaborationDecember 23, 2024
Ranitidine: Saviour or Suspect? The Truth Behind the Stomach Acid RemedyDecember 23, 2024
From One-Size-Fits-All to Precision Medicine: The New Hope for Rare Bone Cancer PatientsDecember 23, 2024
World Meditation Day: India’s Gift of Peace to a Chaotic WorldDecember 23, 2024
Breaking New Ground in Migraine Care: A Landmark Session on Diagnosis and TreatmentDecember 23, 2024
Black Angels remind us of centuries of injustices plaguing the TB responseDecember 20, 2024
Healthcare Startups to Watch Out for in 2025December 20, 2024
Biobank Blueprint: Redefining Diabetes Diagnosis and Treatment in IndiaDecember 20, 2024
The Future of Malaria Prevention: Can This Vaccine Eliminate the Disease?December 20, 2024