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Business

JSR continues push into contract research

by Michael McCoy
January 1, 2018 | A version of this story appeared in Volume 96, Issue 1
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The Japanese chemical maker JSR has agreed to purchase the contract research firm Crown Bioscience International for about $400 million. Based in Taiwan, Crown offers patient-derived xenograft and animal models for multiple diseases. JSR expects Crown to have sales this year of about $90 million. JSR previously acquired the contract research and development firms KBI Biopharma, MBL, and Selexis.

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