Altasciences has signed a definitive agreement to acquire the preclinical testing business of SNBL U.S.A. The transaction is expected to be completed at the end of September. 

This acquisition will add comprehensive preclinical safety testing services to Altasciences’ current full-service clinical and bioanalytical offerings. Altasciences will now support all crucial steps in early-stage drug development, from lead candidate selection to proof of concept. 

“Expanding our services to include preclinical safety testing was a natural progression for Altasciences and the perfect complement to our current offering. With the extensive preclinical and clinical experience of our management and scientific teams, we knew we had a unique opportunity to work towards creating a strategic combination of services that would make the outsourcing process for our clients easier and more cost effective, while shortening the timeline to proof of concept,” stated Chris Perkin, chief executive officer of Altasciences.

Transferring data, projects and/or methodologies between CROs, or between different groups within a multi-service CRO, can take time, is prone to error, and can lead to prolonged R&D timelines. Altasciences is looking to address these challenges through the integration of strategic acquisitions, such as the SNBL U.S.A. preclinical business.

The result will be a fully integrated offering, improving ‘speed and ease’ throughout early stage development by carrying best practices across services along with the addition of platforms that support integrated data capture and program management, allowing for quicker, more proactive development timeline adjustments and decision making to improve R&D efficiency for biopharmaceutical customers.