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Crown Bioscience To Acquire Indivumed’S Service Business And Supporting Biobank

PRIVATEJan 25, 2023

Acquiring Company

Crown Bioscience

Acquired Company

Indivumed

San DiegoBiotechnologyHealth CareBiotechnologyHealth CareArtificial IntelligenceAnalytics

Description

Crown Bioscience, a global contract research organization (CRO) and a JSR Life Sciences company, has announced it has entered into an agreement to acquire the IndivuServ business unit of Indivumed GmbH. A Share Purchase Agreement (SPA) between both parties was executed on December 29, 2022, and subject to customary closing adjustments the transaction is expected to close in April 2023.

Quick answer

Crown Bioscience is acquiring Indivumed, announced January 25, 2023. Crown Bioscience is based in San Diego, California, United States.

How much did Crown Bioscience pay for Indivumed?
The deal value was not disclosed.
What does Crown Bioscience do?
Crown Bioscience, a JSR Life Sciences company, is a global contract research organization (CRO) dedicated to advancing human health by partnering with biotech and pharmaceutical companies that drive drug discovery and..
Where are Crown Bioscience and Indivumed based?
Crown Bioscience is based in San Diego, California, United States.
Who are the decision-makers at Crown Bioscience?
Fundz holds 1 contact at Crown Bioscience. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Crown Bioscience

Location

San Diego, California, United States

About

Crown Bioscience, a JSR Life Sciences company, is a global contract research organization (CRO) dedicated to advancing human health by partnering with biotech and pharmaceutical companies that drive drug discovery and development in oncology and immuno-oncology. We provide a range of integrated solutions, which include preclinical research services, translational platforms, and clinical trial support. Our offer includes the world's largest commercially available patient-derived xenograft (PDX) collection and over 600 tumor organoid models using Hubrecht Organoid Technology, covering 22 cancer indications. Our expertise extends across a diverse portfolio of platforms and services that utilize in vivo, in vitro, ex vivo, and in silico methods, along with advanced laboratory services that span the entire drug development timeline. Additionally, we maintain an extensive biobank of liquid and human biospecimens, complete with clinical histories. Operating from 11 facilities in the US, Europe, and APAC—including laboratories accredited by the College of American Pathologists (CAP) and the International Organization for Standardization (ISO)—we ensure the highest standards of quality and reliability in our research environments.

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Frequently asked

Who acquired Indivumed?

Indivumed was acquired by Crown Bioscience, based in San Diego. The deal was reported on January 25, 2023. Crown Bioscience is privately held and operates in Biotechnology.

When did Crown Bioscience acquire Indivumed?

Crown Bioscience's acquisition of Indivumed was reported on January 25, 2023. Crown Bioscience, a global contract research organization (CRO) and a JSR Life Sciences company, has announced it has entered into an agreement to acquire the IndivuServ business unit of Indivumed GmbH. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Indivumed do?

It is privately held, operating in Biotechnology.

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