Moving forward, the contract research organization (CRO) ABC Labs will be known as EAG Laboratories, a new entity that will provide a range of testing, analytical, and characterization services.
Siddhartha Kadia, EAG Laboratories president & CEO, told us that the life science market is a “key growth engine” for the company and the pharma market represents a significant part of that growth.
EAG Laboratories already has a line of small molecule programs and is expanding its capabilities to support the biopharmaceutical market.
“As part of that, we see a great opportunity with extractables and leachables testing for drug development, packaging, various delivery mechanisms as well as increasingly in biological manufacturing processes with single use systems,” added Kadia.
The company is also able to do trace metal analysis and can complete all of its testing under both GMP and GLP requirements.
Kadia explained that the company will continue to invest, both organically and additively, in areas that complement or augment EAG’s current offerings.
An intersection of disciplines
ABC Labs was acquired by EAG Inc. in July 2015, making it the company's most recent acquisition.
Integration was expected to be “slow, deliberate and well-planned,” ABC told us at the time – and it seems to have gone as predicted, with integration completed almost exactly a year after the initial announcement.
As Outsourcing-Pharma.com reported, EAG was interested in ABC Labs in part for its analytical testing services, including development and cGMP and GLP-compliant testing capabilities for small and large molecule therapies and medical devices. The acquisition strengthened the company’s existing services in the US and Europe.
“We believe that most important discoveries happen at the intersection of disciplines,” said Kadia, as the company has made significant acquisition over the past couple years.
“For the last two years we have been integrating these laboratories with our business processes,” he added. “Bringing these capabilities together now under one brand, one company, allows us to share best practices and leverage cross functional capabilities to solve complex problems.”