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The deal gives Gentronix access to new global opportunities while enabling Scantox to expand its services in response to client demands.
September 9, 2024
By: Charlie Sternberg
Associate Editor
Gentronix, a UK-based contract research organization (CRO) specializing in genetic toxicology, has been acquired by Scantox Group of Denmark for an undisclosed sum. The deal provides an exit for Mercia Ventures’ Northern Venture Capital Trusts (VCTs), which have sold their stake in the business for £14.8 million ($19.4m), representing a 4.5x return on investment. Gentronix, which is based in Alderley Park in Cheshire, provides predictive toxicology services to the global pharma and chemi...
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