Bridgepoint Development Capital Acquires Quotient Clinical

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PTSM: Pharmaceutical Technology Sourcing and Management

PTSM: Pharmaceutical Technology Sourcing and Management-01-08-2014, Volume 10, Issue 1

Bridgepoint Development Capital acquires Quotient for an undisclosed sum.

Quotient Clinical, a provider of outsourced, early-stage drug development services to the pharmaceutical industry, has been acquired from the Quotient Bioresearch Group by Bridgepoint Development Capital for an undisclosed sum. Quotient Clinical has developed a platform that offers an integrated approach to formulation development, real-time drug product manufacturing, and clinical testing.

Quotient Clinical is currently part of Quotient Group, which is disposing of the business and represents a primary management buyout. The transaction is subject to standard regulatory clearances.

Source: Bridgepoint Development Capital