Take Solutions Ltd, Chennai based Technology
Company with interest in life sciences has entered into definitive agreements
to acquire Life Sciences services player, Ecron Acunova. The company acquired Ecron
Acunova in Rs. 115 crore.
Ecron Acunova is a life sciences
services company delivering pharmaceutical research services to global clients
across South East Asia, Central & Nordic Europe and North America. There is
a growing focus on quality, data, analytics, and outcomes in the industry,
resulting in increased pharma/biotech R&D spending and funding.
TAKE and EA combined attributes
will strengthen TAKE position as a fully integrated differentiated life
sciences services provider to large and small global pharmaceutical companies
and thereby broaden the addressable market. TAKE will add expertise in the areas
of Biosimilars, Regenerative Medicine and Diagnostic imaging agent’s space which
are emerging growth areas.
It would help TAKE move the
addressable market for its services to $30 Billion and will enhance company
presence in Europe and North countries. With this acquisition, TAKE will add
audit ready infrastructure in Europe and India, and parts of South Asia to its
expanding footprint.
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