Concept Life Sciences Launches as a New Contract Services ProviderBy
Concept Life Sciences, a newly formed international scientific laboratory and consultancy business, has made three acquisitions with a combined enterprise value approaching $100 million. The companies acquired are: Peakdale Molecular Limited, Resource & Environmental Consultants Limited, and Scientific Analysis Laboratories (SAL) Limited.
Concept Life Sciences is led by Executive Chairman Michael Fort and Chief Executive Officer (CEO) Alan Morgan. Fort has significant experience in the life sciences field having most recently held the position of CEO of Synexus Clinical Research where he worked for over 11 years. Morgan has held a number of senior leadership positions in large global contract research organizations, Covance, ICON and RPS, including managing large laboratory networks across the world. Concept Life Sciences is supported by Equistone Partners Europe.
Peakdale Molecular, headquartered in Chapel-en-le-Frith, High Peak, UK, provides drug-discovery support, nucleoside chemistry, materials chemistry, and research support. SAL, with five laboratories in the UK, provides analytical services for the environmental, health and safety, chemical, petrochemical, food, growers and retailers, and electronics sectors. REC, based in the UK and Ireland,provides environmental consulting and services for environmental monitoring and assessment.
Concept Life Sciences is focused on laboratory-based analytical testing and complex chemistry synthesis and will be accelerating its investment in biological sciences, cell-based ADME services, biostorage, and stability testing. The group currently has more than 500 staff in ten core locations, with advanced plans to expand into continental Europe and the US.
Source: Peakdale Molecular