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Enhances its capabilities in biopharmaceutical storage and expands its footprint in the life sciences industry.
July 3, 2024
By: Charlie Sternberg
Tobin Scientific, a provider of cold chain, ambient storage, and transport & logistics services for the life sciences industry, has acquired BioRepository Resources LLC (BRR), a leader in biological sample storage and management solutions, located in New Providence, New Jersey.
This strategic acquisition enhances Tobin Scientific’s capabilities in biopharmaceutical storage and expands its footprint in the life sciences industry.
Tobin Scientific is well regarded for its comprehensive cold chain solutions and laboratory relocation services and serves a diverse clientele across the life sciences, academic, and government sectors. With over 300,000 square feet of ambient warehouse space and a robust portfolio of specialized transport and storage services, the company is poised to integrate BioRepository Resources’ assets and expertise seamlessly into its operations.
“We are excited to welcome BioRepository Resources to the Tobin Scientific family,” said Brian Tobin, CEO of Tobin Scientific. “This acquisition aligns with our mission to provide unmatched storage and logistics solutions to our clients. Our combined capabilities will allow us to offer even more comprehensive services to our customers, ensuring the highest standards of safety, security, and reliability for temperature-sensitive products.”
BioRepository Resources, known for its biorepository facility located in New Providence, NJ, brings extensive experience managing and storing biological and pharmaceutical materials to the Tobin portfolio. This acquisition will add over 2 million samples to Tobin’s already substantial inventory and will enhance the company’s biorepository services with state-of-the-art, GXP-compliant long-term biological and retention sample storage.
“Our clients can expect the same level of excellence they have come to know and trust from BioRepository Resources, now backed by the extensive resources and expertise of Tobin Scientific,” said Glenn Bullett President of BioRepository Resources. “We look forward to this new chapter and the opportunities it brings for our employees and clients.”
Read Contract Pharma’s 2024 Pharmaceutical Industry Mergers & Acquisitions Roundup.
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