Crown Bioscience Expands Operations and Re-Brands UK Site
Crown Bioscience, Inc. has announced that it will double the capacity of the recently acquired PRECOS (Preclinical Oncology Services Limited) facility and will rename the site Crown Bioscience UK Ltd (Crown UK). In addition, it was announced that Mike Prosser, Executive Director at Crown Bioscience has been appointed General Manager for Europe, responsible for leading both the next stage of its UK development as well as Crown’s continued growth in Europe. These moves mark the completion of the PRECOS merger into the Crown organization, while the increased capacity represents a significant investment and long-term commitment to both its UK and European businesses.
The expansion of the Nottingham site will see the facility nearly double its operational footprint, encompassing both in vitro and in vivo capabilities, and is scheduled for formal opening on 13 February 2015. In parallel, the UK site will now become Crown's center of excellence for models of hormone-related cancers (breast, prostate, ovarian), while continuing to provide a wide variety of oncology services — both on-site and through accessing the global Crown network — to clients around the world.
Dr Jean-Pierre Wery, President of Crown Bioscience, commented; “Since the acquisition, Crown has been working to fully integrate the talents and resources of the company into the organization. These changes, in particular the opening of the new facility, will help us lead the way in the study of hormone-related cancers, as well as strengthening our position in Europe.”
Mike Prosser, the newly appointed GM, added; “Since the merger, investment in Crown UK has been key to the advancement of Crown Bioscience’s service portfolio, such as the development of an irradiation treatment platform for preclinical screening of drug-irradiation combination therapies. In 2015 we aim to continue our expansion of service provision, complimenting both the new therapeutic focus and expanded capacity of Crown UK, and in doing so leveraging and supplementing Crown’s arsenal of services and capabilities.”
The acquisition of Crown UK in 2013 was significant in positioning Crown Bioscience as the world’s premier oncology contract research organization, offering a comprehensive range of services and now a key supplier of Oncology and CVMD services with a global footprint, spanning three major continents including North America, Europe and Asia Pacific. With the recent expansion of the research center in North Carolina, strengthening the company’s presence in North America, the expansion of the UK facility is part of Crown’s wider strategy to reinforce and increase operations within Europe.
PRECOS Ltd. was established in 2004 as a specialist business unit by the University of Nottingham and then achieved its independence in 2010. The company focused on pre-clinical research and the development of services in oncology providing unique patient relevant and predictive cancer models to over 30 national and international biotech and pharmaceutical companies. In 2013, PRECOS was acquired by Crown Bioscience as part of a global expansion strategy for specialized services in oncology for pharmaceutical and biopharmaceutical companies around the world.
Related News
-
News Patients vs Pharma – who will the Inflation Reduction Act affect the most?
The Inflation Reduction Act brought in by the Biden administration in 2022 aims to give better and more equitable access to healthcare in the USA. However, pharma companies are now concerned about the other potential costs of such legislation. -
News CPHI Podcast Series: What does the changing US Pharma market mean for industry and patients alike?
In this week's episode of the CPHI Podcast Series Lucy Chard, Digital Editor for CPHI Online is joined by James Manser to discuss the political and market changes in the US pharma field. -
News CPHI Barcelona Annual Report illuminates industry trends for 2024
The CPHI Annual Survey comes into it’s 7th year to report on the predicted trends for 2024. Over 250 pharma executives were asked 35 questions, with their answers informing the industry landscape for the next year, spanning all major pharma marke... -
News Which 10 drugs are open to price negotiation with Medicare in the USA?
The Centres for Medicare & Medicaid Services, under the Biden administration in the USA, has released a list of the 10 drugs that will be open to price negotiations as part of the new legislation under the Inflation Reduction Act (IRA). -
News EU Medical Devices Regulation causes unintended disappearances of medical devices for children, doctors state
Doctor groups and associations have appealed to the EU to correct the EU Medical Devices Regulation law that may cause unintended shortages of essential drug and medical devices for children and rare disease patients. -
News 10 Major Drug Approvals So Far in 2023
Last year, 37 novel drugs were approved by the FDA, this was a high number for such a category, and covered many fields including oncology, demonstrating how promising further research is, and how it is only continuing to build. To date, there are alre... -
News Detecting Alzheimer's disease with a simple lateral flow test
A novel rapid diagnostic test for early-stage Alzheimer's disease has been developed using a biomarker binder from Aptamer Group along with technology from Neuro-Bio, the neurodegenerative disease experts. -
News CPHI Podcast Series: outsourcing and manufacturing trends
Listen to the CPHI Podcast Series this June to hear Gil Roth of the PBOA speak with Digital Editor Lucy Chard about the biggest trends and topics to watch in pharma outsourcing and manufacturing at the minute.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance