MercachemSyncom has acquired Admescope based in Oulu, Finland and Södertälje, Sweden. The acquisition will give MercachemSyncom significantly expanded capabilities for tailor-made in vitro and in vivo ADME-Tox studies for pre-clinical and early clinical R&D projects and seamless integration with the existing medicinal, synthetic and development chemistry capabilities of MercachemSyncom. Financial terms were not disclosed.
Admescope was founded in Oulu, Finland in 2011, currently employs 40 highly qualified and experienced scientists. The scientific and management teams have consolidated experience in tailored ADME-Tox studies for pharma and biotech clients all over the world. Studies are carried out at research laboratories in both Oulu and Södertälje, Sweden with emphasis on an understanding of customers' needs, in-house processes and how to design the most effective studies to satisfy them.
“We are extremely happy to be able to welcome our colleagues at Admescope to MercachemSyncom. MercachemSyncom is at the forefront of a continuing consolidation of high-quality contract research and manufacturing organizations into medium-sized, but still agile, companies able to offer an extended palette of R&D services to long-standing and new clients,” Eelco Ebbers, CEO of MercachemSyncom, said.
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"We are thrilled to continue our successful growth as a part of MercachemSyncom. We feel that the cultural fit between our companies is excellent, and with the support of MercachemSyncom we will be able to continue meeting and exceeding our customers’ expectations for contract research services. Our customers will benefit from the extensive integrated discovery and development service offering that we will provide together with our new colleagues at MercachemSyncom,” Ari Tolonen, CEO of Admescope, said. “This acquisition marks an important chapter on our nearly a decade-long journey, and I couldn’t think of a better partner to continue it with. MercachemSyncom’s global presence greatly increases our exposure to new companies that we can help with our ADME-Tox services. While Admescope’s focus will remain in providing our existing and new customers with the top-quality services and customer experience that they are used to, together with MercachemSyncom we can offer a wider spectrum of services to cover the needs of our customers, as well as further expand our service offering.”