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PE Firm, Cinven to Acquire Bioclinica

Expands investment in CRO sector

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By: Kristin Brooks

Managing Editor, Contract Pharma

International private equity firm, Cinven, has agreed to acquire Bioclinica, a clinical trial services and technology provider to CROs and pharmaceutical companies, from Water Street Healthcare Partners and JLL Partners. Financial terms were not disclosed.   Bioclinica products and services aim to improve the efficiency and productivity of clinical trials through standardization, streamlining tasks and implementing technology-enabled solutions. The company serves more than 400 pharma/biopharma...

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