MLM Medical Labs Acquires CirQuest Labs in Tennessee, USA.

MANews-(C)2009-2020

German specialty central lab MLM Medical Labs has acquired Memphis, Tennessee based CirQuest Labs as part of its global expansion strategy, the firm said.

With the acquisition of CirQuest, MLM has expanded to the United States and will be able to better serve the needs of its global clients. CirQuest is an industry leader in specialized laboratory services for the drug development industry.

CirQuest provides specialised assay development, biomarker testing, and central lab services to its global client base of leading pharmaceutical and life sciences companies.

MLM is owned by Great Point Partners, a US-based health care investment firm with approximately USD 2.2bn of equity capital currently under management and 28 professionals, investing in the United States...

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