NEWARK, Del. and TAIPEI, Taiwan, Feb. 14, 2011 /PRNewswire/ -- QPS Holdings, LLC, a leading full-service GLP/GCP-compliant contract research organization providing testing services to support preclinical and clinical research and development, announced the acquisition of the Center of Toxicology and Preclinical Sciences (CTPS) from Taiwan's Development Center for Biotechnology (DCB). CTPS, located in Taipei, will become a division of QPS-Taiwan.
QPS is a global CRO supporting drug discovery and development since 1995. Its five areas of expertise include: Preclinical DMPK/Toxicology, Bioanalytical, Translational Medicine, Early Stage Clinical and Late Stage Clinical Research.
CTPS is an ISO/IEC 17025 certified, GLP compliant (Taiwan DOH, OECD) and AAALAC accredited facility specializing in general nonclinical toxicity and safety testing, genetic toxicology, reproductive toxicology, immunotoxicity testing, biocompatibility testing, and DMPK studies. The center for toxicology and preclinical services covers 5600 square meters (60,000 square feet) and includes: seven laboratories, three culture rooms, a quality assurance unit, archives, and two floors of animal housing.
In the past 12 years, DCB has conducted over 890 studies for local and international clients, including 17 projects for US IND submissions, 18 projects for Taiwan IND submissions or clinical trials, and 2 products seeking Taiwan NDA approval.
"The biotech industry in the Asia Pacific region is expanding rapidly," says Vincent Yen, President and CEO of QPS-Taiwan. "With the addition of a well known toxicology unit to our established bioanalytical and pharmacokinetic expertise, QPS can now provide a one-stop solution to the increasing local and international demand for high quality preclinical services. Along with our recent acquisitions in Europe and India, this represents another step in building world-class global capabilities."
Dr. Walter Bee, QPS' new VP and Head
|SOURCE QPS Holdings, LLC|
Copyright©2010 PR Newswire.
All rights reserved