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Quotient Clinical has been acquired from the Quotient Bioresearch Group by Bridgepoint Development Capital.
Quotient's platform, which "offers an integrated approach to formulation development, 'real-time' drug product manufacturing and clinical testing," has been proven to reduce the time and cost of early stage drug development. A global company, Quotient has two primary facilities in the UK, and more that 3/4 of its revenues are from customers in the US or mainland Europe.
The financial details of the acquisition were undisclosed.
Read the full release here.