Volume 95 Issue 28 | p. 14 | Concentrates
Issue Date: July 10, 2017

Online R&D provider raises more funds

Department: Business
Keywords: Outsourcing, R&D, pharmaceuticals, Alzheimer’s, services

Science Exchange, an online research outsourcing venture launched in 2011, has raised $28 million in a new financing round led by Norwest Venture Partners. The Palo Alto, Calif.-based firm offers its users access to more than 2,500 R&D service providers, primarily in the pharmaceutical sector, including contract research and manufacturing firms as well as government and academic labs. It claims 10 of the top 20 drug companies as customers. Science Exchange added Covance’s nonclinical science . . .

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