GVK Power & Infrastructure’s subsidiary-GVK Biosciences- which is Asia’s leading Discovery Research and Development Organization and also a subsidiary diversified GVK Group, is on its heels for acquiring Spectrum Biosciences, which is based in Frostburg, Maryland (US). Spectrum Bio provides dedicated contract compound management services to the life sciences industry.
The synergies of both the organization would enable the company to access to the US market offering services as well as accelerating approach to regulatory needs. Spectrum Biosciences has facilities and trained personnel to provide customers with efficient management of chemical compounds so that drug companies can focus on research and development.
GVK Biosciences’, part of diversified GVK Group, discovery services consist of Chemistry, Biology and Informatics; the development services include Clinical research, Clinical pharmacology and Process R&D. The company’s diverse portfolio of more than 150 customers includes big pharma, leading biotech, agro, life-sciences companies and topnotch academic institutions. Meanwhile, GVK Power & Infrastructure is engaged in infrastructure development in areas of power, airports and roads.
