Will Eurofins Deal See Advinus Turn The Corner?

Eurofins Scientific has snapped up the contract research business of Advinus Therapeutics, continuing its ongoing acquisition momentum. The deal also ends long-running speculation around a potential sale of Advinus, amid its rocky recent run.

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TATA GROUP SHEDS CONTRACT RESEARCH BUSINESS OF ADVINUS

India’s diversified Tata group is divesting its Advinus Therapeutics Ltd’s contract research business to Eurofins Scientific, a leading provider of analytical testing services across multiple industries.

The sell-off is seen as part of the Indian beverages-to-steel conglomerate’s efforts to rid itself of non-core businesses that may...

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