Lambda buys US' contract research firm Novum Pharmaceutical
Novum caters to a number of global clients through its US operations in facilities, including Pittsburgh and Las Vegas
Lambda, headquartered in India, has operations in India, Canada, Poland and the UK
Ahmedabad: In a move to increase its presence in the US, Ahmedabad-headquartered Lambda Therapeutic Research, a leading contract research organisation (CRO) in the country, on Tuesday announced the acquisition of US-based Novum Pharmaceutical Research Services. The deal is by way of a private transaction. The terms of the deal were not disclosed.