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Novum will retain its identity and will operate as a division of global CRO leader Lambda Therapeutic Research giving Lambda entry into the U.S. market
January 29, 2019
By: Betsy Louda
Lambda Therapeutic Research has reached an agreement to acquire Novum Pharmaceutical Research Services, a leading CRO in the U.S., in a private transaction. Terms were not disclosed. Novum has numerous global clients served throughout its U.S. operations in Pennsylvania, North Dakota, Nevada and Texas. It will be a wholly-owned subsidiary of Lambda. Lambda, based in India, has operations in India, Canada, Poland and the United Kingdom. Mrs. Bindi Chudgar, managing director of Lambda, sa...
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