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TAKE to Add New Vistas Supporting the Development of Biosimilars, Regenerative Medicine and Diagnostic Imaging AgentsCHENNAI, India, Nov. 18, 2015 /PRNewswire/ -- TAKE Solutions Ltd., a leading global domain focused technology company with significant expertise in Life Sciences (LS), today announced that it has entered into definitive agreements to acquire a Life Sciences Services player, Ecron Acunova (EA). Logo - http://photos.prnewswire.com/prnh/20151118/288872LOGO This association will enable TAKE to add expertise in the areas of Biosimilars, Regenerative Medicine and Diagnostic imaging agents space which are emerging growth areas. This will help TAKE move the addressable market for its services to 30 bn $. It will also significantly enhance presence in Europe and Nordic countries. With the coming together of the two organizations, TAKE will explore new vistas of the dynamic Pharmaceutical, Biotechnology, and Medical Device R&D markets including the areas of Biosimilars, Regenerative Medicine and Diagnostic Imaging Agents. TAKE's enhanced capabilities will enable it to be an integral part of the fast growing Biosimilars space. As an innovation driven organization, TAKE will also now be able to expand its IPs in Risk Based Monitoring and other solutions aimed at bringing safe, effective, and affordable drugs and devices to market. With this acquisition, TAKE will add audit ready infrastructure in Europe and India, and parts of South Asia to its expanding footprint. The organization will also augment its pool of subject matter experts by 30% and Life Sciences talent by 50%, significantly amplifying its experience, innovation and domain expertise. In addition, the Full Service capability along with expanded infrastructure will allow TAKE to service the mid-market as well. Deal Benefits:
About TAKE Solutions TAKE encompasses specialized lines of businesses under distinct brands such as Navitas – a pure play Life Sciences company, TAKE Supply Chain & TAKE MEA – flexible, accessible, mobile Supply Chain software solution providers, APA Engineering – an International Sourcing and Engineering services company, TAKE Innovations – an incubator to facilitate IP Creation and TAKE Enterprise Services Inc. – a specialist provider of technology-driven business solutions and software services. TAKE's significant recognitions include a patent win from the United States Patent and Trademark Office (USPTO) for its "Method for Optimizing Clinical Data Standardization", a 'Leader' certification in Drug Safety Services & Life Sciences R&D IT Outsourcing from IDC, recognition as the 'Dream Employer of the Year' at the World HRD Congress and the title of "Most Admired Brand – IT" from the Asian Customer Engagement Forum. With its global headquarters in Chennai, India, TAKE has a proven track record of accomplishment of delivering world-class solutions to more than 400 customers worldwide, including 9 of the top 10 global Pharma companies. For more information, please visit www.takesolutions.com About Ecron Acunova For more information, please visit www.ecronacunova.com Contacts: Annapoorna K., TAKE Solutions Ltd., [email protected],Tel: +91 44 2435 7359/60 Media contact: Patrick Mullen 609 454-7753 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/take-to-add-new-vistas-supporting-the-development-of-biosimilars-regenerative-medicine-and-diagnostic-imaging-agents-300181160.html SOURCE TAKE Solutions Ltd. |