CRO Emmes buys visual-exam-focused Clinical Edge
28 Sep 2022
Acquisition
Preview
Source: FierceBiotech
Emmes made its fifth acquisition in under two years by snapping up Clinical Edge for an undisclosed price, giving the CRO a dominant position in the ophthalmology certification arena.
Emmes has snapped up Clinical Edge for an undisclosed price, extending the Maryland-based CRO’s string of acquisitions to five in just under two years.
Clinical Edge is known for its training and certification of visual function examiners at investigator sites conducting ophthalmic clinical trials. The pairing with Emmes’ Optym ophthalmology certification unit puts the CRO at the head of the pack in such services, the company said in a Sept. 28 release.
With the deal, the company now boasts a base of 36 ophthalmic certifiers, most of whom are doctors of optometry or medicine. Financial terms of the deal weren’t disclosed.
Emmes moved quickly to rebrand the unit as OptymEdge just ahead of this year’s annual meeting of the American Academy of Ophthalmology that kicks off Friday in Chicago.
“This acquisition makes us a powerhouse in the ophthalmology training and certification area, a critical part of determining the safety and efficacy of new treatments for eye disease,” Emmes CEO Christine Dingivan, M.D., said in the release. “This is another positive step in our growth and globalization effort.”
Emmes has been on a global spending spree in recent years, buying Plymouth, Massachusetts-based rare disease trials contractor Casimir in March for an undisclosed price. It followed the acquisition of U.K.-based rare disease specialist Orphan Reach and German late-phase study-focused contractor Institut Dr. Schauerte last year along with Czech Republic-headquartered Neox in December 2020.
For more details,please visit the original website
The content of the article does not represent any opinions of Synapse and its affiliated companies. If there is any copyright infringement or error, please contact us, and we will deal with it within 24 hours.
Organizations
Indications
Targets
-Drugs
-Hot reports
Get started for free today!
Accelerate Strategic R&D decision making with Synapse, PatSnap’s AI-powered Connected Innovation Intelligence Platform Built for Life Sciences Professionals.
Start your data trial now!
Synapse data is also accessible to external entities via APIs or data packages. Leverages most recent intelligence information, enabling fullest potential.