Bactimm-Farma Holding and PROXY Labs Holding Merge to Form Sinensis Life Sciences
January 31, 2013, Leiden, the Netherlands
The two leading independent contract laboratory service providers for the (bio)pharmaceutical industry Bactimm-Farma Holding and PROXY Labs Holding, today announce the merger of their business operations. The new company will be named Sinensis Life Sciences and will have its corporate headquarters in the BioScience Park Leiden, the Netherlands.
Since early 2012, the management buy-out of PROXY Laboratories which was soon followed by the acquisition of MicroSafe Laboratories, has led to Jonghoud being the major investor in both groups of laboratories. The merger of these groups is a logical step as it brings together the two biggest Dutch independent contract laboratory service providers in the life sciences.
Sinensis Life Sciences comprises more than 130 employees and includes five sites from which over 400 sponsors from all over the world are supported and offers a broad services portfolio to the outsourcing market through a complementary business model. It is active in Pharmaceutical Chemistry, Pharmaceutical Microbiology, BioSafety Testing, Analytical R&D and Contract Manufacturing.
Commenting on the merger, Dr. Ruud Santing, Chief Executive Officer of Sinensis Life Sciences, said: “This merger provides a strong foundation for growth in the business, as we build and expand Sinensis Life Sciences into different areas of the life sciences market. I am confident that the quality, organisational strength and financial scale will provide our clients with the comfort feeling in terms of quality and efficiency that they are already familiar with.”
Bactimm-Farma Holding consists of Bactimm in Nijmegen, Farmalyse in Zaandam and Prolepha Labs in Etten-Leur, while PROXY Labs Holding consists of PROXY Laboratories and MicroSafe Laboratories, both in Leiden. More information can be found on the new corporate website www.sinensislifesciences.com.
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