RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- To help biopharmaceutical companies dramatically improve drug development productivity and deliver greater value, Quintiles today announced the acquisition of Expression Analysis, Inc. (EA), a premier provider of genomics testing and analysis to biopharma, academic, government and non-profit customers. Terms of the transaction were not disclosed. This is the latest in a series of acquisitions and alliances designed to help Quintiles customers leverage the power of genomics to better understand diseases; develop diagnostic tools; and deliver safer, more effective therapies based on the genetic makeup of the disease and the patient. The addition of EAs Genomic Know-How to Quintiles is another step forward in our efforts to bring personalized medicine into mainstream drug development, said Thomas Wollman, Senior Vice President, Quintiles Global Laboratories. Its expertise in genetic sequencing and advanced bioinformatics is essential to understanding diseases and drugs at the molecular level. Thats a huge step in creating more value across the healthcare spectrum. EA has about 77 employees, most based in its offices near Research Triangle Park. Steve McPhail, EA President and Chief Executive Officer, said: The combination of Quintiles Global Laboratories and EA genomic technology excellence will facilitate worldwide access to resources and expertise … Continue reading
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