Le Lézard
Classified in: Health, Science and technology
Subject: Merger/Acquisition

Eurofins Scientific Announces Acquisition of Beacon Discovery, Substantially Expanding Its Integrated Drug Discovery Capabilities and Expertise


Eurofins Scientific (EUFI.PA), a global scientific leader in bioanalytical testing announces the acquisition of Beacon Discovery, a preeminent drug discovery and contract research organization (CRO) focused on G-Protein Coupled Receptor (GPCR) research. Beacon Discovery joins Eurofins Discovery, a market leading CRO with the broadest portfolio of validated in vitro pharmacology, ADMET*, and chemistry services for integrated drug discovery solutions. The transaction is expected to close in the coming weeks upon fulfilment of customary closing conditions.

Eurofins acquired Beacon Discovery for its innovative approach, years of experience in drug discovery and development as well as their profound expertise in GPCR research, complemented by their unique compound library. The addition of Beacon Discovery supports Eurofins' strategy to be the partner of choice to the pharmaceutical industry, providing drug discovery experience, knowledge, and proven success in supporting the discovery and development of new therapeutics. Beacon Discovery significantly augments Eurofins Discovery's capabilities and innovative methods to support and accelerate drug discovery research and development and capitalize on the growing R&D outsourcing market.

Comment from Dr. Sunny Al-Shamma, Beacon Discovery's CEO: "Beacon Discovery is very excited to join Eurofins. Joining the Eurofins Discovery organisation expands our opportunity to continue our drug discovery efforts and provide integrated drug discovery services with the additive and complementary capabilities provided by Eurofins Discovery".

Comment from Dr. Gilles Martin, Eurofins' CEO: "Beacon Discovery adds the expertise in GPCR targets and drug discovery and development experience that will advance our offering in integrated drug discovery services for our clients. This transaction is another demonstration of Eurofins' commitment to provide the most comprehensive portfolio of laboratory services in the discovery pharmacology field which enjoys a strong outsourcing growth trend.

Notes to Editors:

For more information, please visit www.eurofins.com

About Eurofins ? the global leader in bio-analysis

Eurofins is Testing for Life. With over 50,000 staff across a network of more than 800 laboratories in over 50 countries, Eurofins' companies offer a portfolio of over 200,000 analytical methods.

Eurofins Shares are listed on Euronext Paris Stock Exchange.


These press releases may also interest you

at 08:45
Change Your Brain Foundation announced today it has been named a "2024 Top-Rated Nonprofit" by GreatNonprofits, the leading website for community recommendations of charities and nonprofits. Change Your Brain Foundation, established in 2008 by...

at 08:44
Understanding the underlying mechanisms of normal and pathological cellular processes is essential for developing new drugs. Fortunately, modern techniques and experimental methods have greatly accelerated progress. The latest issue of JPA features...

at 08:42
It's no secret that if a person is healthy, they can do more than just survive. A healthy individual can have more life experiences, engage in more activities, and enjoy a more fulfilling quality of life. This larger goal of a healthy life well lived...

at 08:41
Wound healing can be a long and complicated process. Along with the healing itself, patients must consider factors such as a clean environment and consistent care. Quality of life can also be impacted by something as simple as unpleasant smells...

at 08:41
In a transformative approach to combating human trafficking in the United States, Safe House Project is revolutionizing the fight against this pervasive crime. By equipping hundreds of thousands of individuals across the nation with the tools to...

at 08:40
The "Global Cell Counting Market: Analysis By Product, By Application, By End-User, By Region Size, Trends and Forecast to 2029" report has been added to ResearchAndMarkets.com's offering. The global cell counting market was valued at US$9.98...



News published on and distributed by: