Friday, April 28, 2017
Clinical Supplies Management Acquires Two European Companies
A private equity investor based in Greenwich, Connecticut, Great Point Partners has invested into more than 100 businesses in the public and private healthcare sector since 2003. Through December 2016 and January 2017, the private equity portfolio company Clinical Supplies Management (CSM) completed the acquisition of two companies that will expand its range of services in Europe.
Theorem Clinical Supply (TCS) was the first of these acquisitions. A Frankfurt-based company that offers clinical trial drug labeling, storage, packaging, and distribution, TCS’ services extend throughout Western Europe. The acquisition, which it completed in December 2016, enables CSM to provide significantly improved services to its global clients.
The TCS acquisition was complemented by the acquisition of Brussel’s B&C Group in January 2017. B&C provides a range of clinical trial supplies, in addition to biomedical sample services, via its custom system architecture, which CSM aims to leverage to serve the needs of its pharmaceutical clients in both Europe and the United States.