Scantox Group Expands Capabilities with Gentronix Acquisition

Scantox Group Strengthens Its Service Offerings

Today marks a significant milestone for Scantox Group as it successfully acquires Gentronix Ltd, a respected name in the field of genetic toxicology. This strategic acquisition, done in partnership with their majority owner, Impilo, enhances Scantox's capabilities as a Contract Research Organization (CRO) that supports critical pre-IND studies.

Expanding the Service Platform

Gentronix, known for its commitment to high-quality genetic toxicology services, is now part of Scantox Group. With a robust track record spanning 25 years, Gentronix has catered to the pharma, biotech, and agrichem industries. It has earned a reputation for assisting clients in the early identification of genotoxic compounds and supporting key development phases.

Innovative Solutions Offered

Among Gentronix's offerings is the OECD 488 Big Blue® Transgenic Rodent Mutation assay, making it one of only three global providers of this essential service. Additionally, Gentronix excels in ocular and skin toxicology endpoints, further rounding out its portfolio. This integration into Scantox Group promises a broadened range of services geared towards meeting client needs.

Leadership Insights

Jeanet Løgsted, CEO of Scantox Group, expressed her enthusiasm for the acquisition, noting, "Partnering with Gentronix brings genetic toxicology into our services, which is frequently requested by clients. Their outstanding service quality and culture align perfectly with our vision. We plan to continually expand our offerings and enhance scientific excellence within the Group."

Future Collaborations and Synergies

In a similar vein, Matt Tate, CEO of Gentronix, remarked on the positive opportunities this acquisition opens up. Tata shared, "Joining Scantox Group allows us to extend our service portfolio, and we look forward to collaborating closely with our new colleagues. There are numerous commercial synergies to explore together, enhancing our ability to deliver world-class research services to our clients."

Broader Implications for Scantox Group

As part of this acquisition, Gentronix will continue its operations under its established name while expanding its regulatory toxicology services. The integration will help Scantox Group surpass 400 employees across various European locations, reinforcing its role as a premier provider of lead optimization, regulatory toxicology, and analytical services.

Strategic Growth Opportunities

Nicholas Hooge, Partner at Impilo, highlighted the growth prospects entwined with this acquisition, stating, "The inclusion of Gentronix into the Scantox group symbolizes significant growth opportunities. 2024 will be transformative for Scantox, marking key milestones towards achieving our strategic objectives."

Frequently Asked Questions

What is the significance of Scantox acquiring Gentronix?

The acquisition enhances Scantox's capabilities in genetic toxicology and expands its service offerings significantly.

How long has Gentronix been in operation?

Gentronix has been providing its services for 25 years, gaining extensive experience in genetic toxicology.

What are Gentronix's main service offerings?

Gentronix specializes in genetic toxicology solutions, including regulatory assessments and genotoxicity assays.

How many employees will Scantox Group have after this acquisition?

Post-acquisition, Scantox Group will employ over 400 staff across its European sites.

Who leads Scantox Group and Gentronix?

Jeanet Løgsted serves as CEO of Scantox Group, while Matt Tate is the CEO of Gentronix.

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