BioIVT, a leading provider of research models and services for drug development, today announced that it has acquired Santa Clara, CA-based Optivia Biotechnology and its comprehensive portfolio of transporter assays, multi-transporter models, transporter systems biology, and molecular transport research solutions.
"BioIVT is partnering with biopharmaceutical customers not just on single projects but on their entire R&D pipeline. We continue to build and enhance our product and research service capabilities to become the partner of choice for our clients and the industry experts in specialty application areas," said BioIVT Chief Executive Officer Jeffrey Gatz. "We are delighted that Optivia is joining BioIVT as we position to become the world leader in transporter sciences. Optivia will be an important addition to BioIVT's leading ADME-Toxicology model systems franchise, complementing the capabilities of our recent acquisitions of Qualyst Transporter Solutions and Ascendance Biotechnology."
"We share BioIVT's passion, energy and vision for becoming pharma's optimal ...