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Tigermed to Acquire Stake in Frontage Labs

Adds early phase development and CMC services

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By: Kristin Brooks

Managing Editor, Contract Pharma

Hangzhou Tigermed Consulting Co., Ltd., a provider of clinical development services across China and Asia Pacific, through its subsidiary Hong Kong Tigermed, Ltd., has entered a definitive agreement to acquire a majority stake in Frontage Laboratories, Inc. for $50.3 million in cash. The acquisition is subject to certain closing conditions and regulatory approval.   Frontage, headquartered in Exton, PA, provides services from discovery through late-stage clinical trials for novel, generic, and c...

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