Breaking News

Eurofins Acquires Merck KGaA’s DDS Business

By Kristin Brooks | January 9, 2014

Expands presence in discovery pharmacology and bioanalysis

Eurofins Scientific has signed an agreement to acquire the assets of the Discovery and Development Solutions (DDS) business of Merck Millipore (EMD Millipore), the Life Science division of Merck KGaA. DDS provides bioanalytical testing and early stage discovery services and products to the biopharmaceutical industry and generates revenues of approximately $35 million with 175 employees from three sites in St. Charles, MO, Dundee, Scotland and Oxford, England.
 
DDS also provides expertise in bioanalytical testing to support clinical trials. The acquisition expands Eurofins' capabilities in early stage discovery solutions and adds expertise in high-quality bioanalytical services. DDS will continue to provide products and services to Merck KGaA's pharma business.
 
Eurofins will retain DDS' workforce and leadership, and the business will continue to be led by Christina Shasserre, who will serve as president of the new company, Eurofins Pharma BioAnalytical Services, following the closing. The transaction, subject to standard closing conditions, is expected to be complete within 90 days.
 
Dr. Gilles Martin, Eurofins chief executive officer, said, "The addition of DDS into the Eurofins network reinforces our leading position in the discovery pharmacology market, and expands our large molecules bioanalytical service capability to meet the growing needs of our pharmaceutical and biopharmaceutical clients. The transaction reflects Eurofins' commitment to provide the best laboratory services and client support to its customers, and the highest level of analytical testing technology available in the industry."

Related Contract Manufacturing:

  • CROs and Today’s  R&D Landscape

    CROs and Today’s R&D Landscape

    Kristin Brooks, Associate Editor, Contract Pharma||November 9, 2016
    John Lewis of ACRO discusses opportunities, challenges, and the future CRO

  • The Human Parts of Mouse Models

    The Human Parts of Mouse Models

    Julia Schueler, Head of in vivo Operations, Oncotest, a Charles River company ||October 11, 2016
    The PDX model system has come back into focus

  • Choosing Oral Formulations for First-in-man Clinical Trials

    Choosing Oral Formulations for First-in-man Clinical Trials

    Jon Sutch, Senior Manager of Formulation Development, Patheon||October 11, 2016
    Early formulations should be simple, but selecting a simple formulation isn’t as easy as it seems