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Business

Abzena Acquires In Biotech Services

by Michael McCoy
November 30, 2015 | A version of this story appeared in Volume 93, Issue 47
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Abzena, a British provider of services to biologic drug companies, has acquired The Chemistry Research Solution (TCRS), a Pennsylvania-based contract chemistry provider, for $15 million. Founded in 2012 and staffed by chemists who mostly have drug industry experience, TCRS touts expertise in antibody-drug conjugates (ADCs) and bioconjugations. Abzena says TCRS will broaden its offerings to ADC developers. In September, Abzena acquired PacificGMP, a San Diego-based biologic drug service firm, for $8 million.

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