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.
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