Metrion Biosciences becomes independent CRO
Management team completes buy out of specialist ion channel research business from Xention.
Metrion Biosciences has completed its management buyout from Xention Limited. The buyout was led by Dr Marc Rogers, previously VP Research for Xention, with investment support from Dr John Ford, CSO of Xention, and Dr Keith McCullagh, Chairman of Xention.
Metrion Biosciences was established in May 2015 as the contract research business of Xention. Metrion is now a stand-alone independent contract research company, based in new premises on the Babraham Research Campus at Cambridge. Metrion has substantial experience and expertise in ion channel biology and safety screening and provides comprehensive, high quality ion channel services to the pharma and biotech industries. Metrion will retain its existing pharma collaboration agreements, and with independence gains the flexibility to support additional projects of all sizes across different therapeutic areas. Customers can also access cardiac and neurotoxicology screening services, including a high quality hERG assay and a CiPA-compliant cardiac safety panel.
The Metrion Biosciences team is led by Dr Marc Rogers, with Dr John Ridley as Business Manager. Dr Keith McCullagh and Dr John Ford will join the board as investor directors. The research team at Metrion has extensive experience in ion channel and drug discovery research, having brought five ion channel drug candidates to the clinic, conducted multiple research collaborations with international pharma businesses, and completed several UK and European grant projects.
Dr Marc Rogers, CSO of Metrion Biosciences, commented: “I am excited to be leading Metrion as we commence a new phase of the company’s development as an independent CRO. The team behind Metrion pioneered automated patch clamp electrophysiology, and with deep expertise in the field the company is well placed to provide high quality, bespoke and flexible screening services.”
Related News
-
News Pharmaceutical Supply Chain People Moves
The latest appointments, promotions, and structural changes across the pharmaceutical supply chain.
-
News Merck KGaA to buy US biotech SpringWorks for US$3.9 billion
The German multinational pharmaceutical company Merck KGaA have signed a deal to buy US biotech company SpringWorks Therapeutics at an equity value of US$3.9 billion in a move to add rare cancer therapeutics to their pipelines.
-
News Cassava Sciences halts Alzheimer's drug trial after limited progress
Cassava Sciences have drawn a close to their investigations and development of the drug simufilam, which they intended to be used for the treatment of Alzheimer’s disease.
-
News US FDA adds haemodialysis bloodlines to devices shortage list
On March 14, 2025, the US FDA published an open letter to healthcare providers citing continuing supply disruptions of haemodialysis bloodlines, an essential component of dialysis machines.
-
News Vertex Pharmaceuticals stock jumps as FDA approves non-opioid painkiller
UK-based Vertex Pharmaceuticals saw their stock shares soar as the US FDA signed off on the non-opioid painkiller Journavx, also known as suzetrigine, for patients with moderate to severe acute pain, caused by surgery, accidents, or injuries.
-
News Lessons from CPHI Milan 2024: Sunny Intervals for Pharma Manufacturing?
As the 2024 CPHI conference wrapped up in Milan, we caught up with L.E.K. Consulting – a global strategy consulting firm with deep expertise in pharma manufacturing – to discuss evolving market perspectives and business outlook. -
News US BIOSECURE Act passed by US House of Representatives
The controversial act, which has already impacted several foreign companies operating in the US, was passed by the House of Representatives on September 9, 2024. It is now headed for the US Senate before it can be signed into law by President Joe Biden... -
News Drug prices agreed upon as part of the US Inflation Reduction Act
The Inflation Reduction Act brought into constitution by the Biden administation in 2022, which proposed a drug price negotiation between the government and pharmaceutical companies, has reached it's first agreement.