BioAgilytix Labs, announced that, following Australian Foreign Investment Review Board ("FIRB") approval, it officially closed the purchase of 360biolabs®. The acquisition of the company, now known as 360biolabs, a BioAgilytix company, expands BioAgilytix's capabilities into first-in-human trials (FIH), early-phase clinical trials and adds additional capacity by joining 360biolabs' internationally recognized quality systems in Melbourne and Brisbane with its existing laboratories in Durham, North Carolina; Boston, Massachusetts; San Diego, California and Hamburg, Germany.
Located in Australia's biomedical and clinical research hubs, Victoria and Queensland, 360biolabs offers world-class virology and immunology expertise, with BSL 2 and 3 laboratories, biomarker and immune monitoring capabilities with a state-of-the-art flow cytometry suite, molecular biology PCR suite and expansive bioanalytical LC/MS/MS small molecule capabilities.
"We are delighted to announce the final close of the 360biolabs acquisition, as it's such positive and exciting news for our global team and customers. Our expanded capacity, expertise and agility to now serve clients across all geographies is unprecedented," said Jim Datin, President and CEO of BioAgilytix. "360biolabs' leadership position in virology and immunology, plus their small molecule capabilities and locations in Melbourne and Brisbane, help make BioAgilytix an end-to-end bioanalytical force dedicated to helping generate new innovations and life-changing therapeutics for patients around the world."
Subscribe to our e-Newsletters
Stay up to date with the latest news, articles, and events. Plus, get special offers
from Pharmaceutical Outsourcing – all delivered right to your inbox!
Sign up now!