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Mergers and Acquisitions

Date: 2012-08-29

Type of information: Company acquisition

Acquired company: JSW Life Sciences (Austria)

Acquiring company: QPS (USA)

Amount: undisclosed

Terms:

QPS, a  full-service GLP/GCP-compliant contract research organization providing testing services to support preclinical and clinical research and development, has announced the acquisition of a majority interest in JSW Life Sciences GmbH. JSW provides preclinical and clinical Phase II – IV drug development services to pharmaceutical and biotech companies worldwide, and will be known as QPS JSW.
As of September 1st, QPS JSW will be headed by Dr. Jaap Wieling, an industry veteran with a broad range of experience including being a co-founder and managing director of what is now QPS Netherlands. Dr. Jaap Wieling will work with JSW founder Dr. Manfred Windisch and JSW’s existing staff to help build a bright future for the combined QPS JSW. Dr. Manfred Windisch of JSW will become Chief Scientific Officer – Europe for QPS, and will continue to lead as CEO of JSW Clinical Investigations – a joint alliance company with two other CROs.

Details:

JSW has developed its reputation as a full service, high quality CRO and the leading specialist in CNS diseases including Alzheimer's, Parkinson's, Huntington’s, stroke, depression, psychosis and schizophrenia. The company is a leading provider of genetically modified organisms for research in CNS diseases and the only company that can combine behavioral analysis (cognition and motoric function), brain neurochemistry and biochemistry as well as quantitative histology and histopathology into preclinical research. In addition, JSW has experience and access to unique biomarker technologies, owning, for example, the worldwide exclusive license to the A4-assay for A-beta oligomers from Amorfix.
JSW’s clinical operations focus on complete clinical development from Phase II – IV (mono- and multi-centric trials), including project planning, project management, trial monitoring, database management, data analysis, medical writing and regulatory affairs. Its Central and Eastern European (CEE) operations assure JSW’s customers of large patient populations in oncology, cardiovascular diseases, pulmonary diseases, orphan diseases and many other indications.
QPS JSW’s pharmacology capabilities open up significant new preclinical areas for QPS’ clients,and improve QPS’ ability to offer full-service IND-enabling studies. Furthermore, JSW’s proprietary ”transgenic models business” enhances QPS’ overall scientific portfolio in the CNS area, while JSW’s clinical division extends QPS Netherlands’ later-stage site-monitoring capability to most of Central and Eastern Europe, as well as providing additional project management capabilities.

Related:

CRO
preclinical research
clinical research

Is general: Yes