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CRL’s Foster Jordan on acquiring Accugenix
October 9, 2012
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
In August 2012, Charles River Laboratories (CRL) acquired Accugenix for $17 million. The move is intended to boost CRL’s Endotoxin and Microbial Detection (EMD) portfolio of products and services. Announcing the deal, James C. Foster, CRL’s chairman, president and chief executive officer of Charles River, said, “The acquisition of Accugenix is the first step in our broader strategy to become the premier provider of rapid microbial and endotoxin detection products and services to the biopharmaceutical industry. Over the next several years, we intend to enhance our capabilities through both product extensions and acquisitions. We believe that execution of this strategy will advance our position as the market leader in endotoxin and microbial detection.” To find out more about the deal and the FDA’s approach to microbiology, we spoke to Foster Jordan, corporate senior vice president of CRL’s EMD business.
—GYR
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