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Leveraging group services and resources can offer client benefits
June 21, 2011
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
CIT and LAB Research have re-branded following their merger into CiToxLAB. The newly established group provides preclinical and specialty services from four facilities in France, Canada, Denmark and Hungary, with more than 800 employees and a revenue base in excess of $100 million. “We are confident that this merger will make CiToxLAB an even more attractive partner for our traditional pharmaceutical and biotech clients,” stated Jean-Francois Le Bigot, president of the new group. “We can offer all the benefits of local, smart-sized facilities, backed up by global resources. Our individual facilities can offer flexibility, direct contact to scientists and easy access to management. In addition, the resources of the group allow us to offer a wider range of services, aggressive scheduling and a broader geographic spread in the clients that we can reach and interact with.” Mr. Le Bigot added that the new scale and turnkey offerings have attracted interest from big pharma partners. He noted, “The group resources allow us to compete strongly on pricing and timing and we will be seeking to further develop our business with big pharma clients in the coming months.” The CiToxLAB group is composed of:
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