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July 1, 2008
By: Tim Wright
Editor-in-Chief, Contract Pharma
Bioanalytical Systems, Inc. (BASi) has sold its Baltimore Clinical Pharmacology Research Unit to a subsidiary of Algorithme Pharma Holdings, Inc. for $850,000 in cash, exiting the Phase I market. Algorithme, based in Montreal, is a CRO providing human clinical trials for Phase I and bioequivalence studies, as well as bioanalytical services.
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