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QPS Acquires JSW Life Sciences, Largest Independent Contract Research Organization in Austria
Date:8/29/2012

rs of large patient populations in oncology, cardiovascular diseases, pulmonary diseases, orphan diseases and many other indications.

QPS JSW's pharmacology capabilities open up significant new preclinical areas for QPS' clients, and improve QPS' ability to offer full-service IND-enabling studies. Furthermore, JSW's proprietary "transgenic models business" enhances QPS' overall scientific portfolio in the CNS area, while JSW's clinical division extends QPS Netherlands' later-stage site-monitoring capability to most of Central and Eastern Europe, as well as providing additional project management capabilities.

"We are all excited about our new partnership with QPS, because QPS offers the maximum of synergies for JSW in terms of their activities in preclinical as well as clinical drug development. We expect to significantly strengthen QPS' research capabilities in the field of neurodegenerative disorders, which are dramatically increasing with increased life expectancy. Our specific experience combined with the broad range of services already available from QPS will expedite new drug development at a very high level. We are thrilled to be joining such a capable and experienced group. Integrating JSW with QPS will afford us more global exposure and market competitiveness, and also allow us to offer complete services from preclinical to clinical," says Dr. Manfred Windisch, CEO of JSW Life Sciences.

"This strategic expansion in our preclinical service offerings and Phase II-IV clinical capability represents our fifth cross-border acquisition, thereby pushing QPS further up as a high-quality contract research provider in the ranks of the global CRO business space," says Ben Chien, CEO of QPS. "Clients all over the world will now have access to an even wider range of the exceptional services they have come to expect from QPS, along with an expanding global footprint. I am pleased and proud of QPS' past accomplishments and want to underscore that QPS i
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SOURCE QPS, LLC
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