CellCarta (Canada) acquires biotech firm Biogazelle (Flanders)
Biogazelle, a biotech firm from Ghent (Flanders), has been acquired by Canadian precision medicine lab services provider CellCarta. The Ghent University spin-off company specializes in the development of biomarkers on behalf of pharmaceutical and biotech companies that have patient samples analyzed in their clinical research.
Building on years of expertise
The acquisition comes 14 years after Biogazelle was founded. Since its launch, the company's team has built up vast experience in gene expression analysis. Even more, in 2020, Biogazelle used its technology and equipment to set up a platform – commissioned by the government – to detect the genetic material of the coronavirus in a swab from the nose and throat. Driven by this technological solution for backing COVID testing during the pandemic, the company posted a net profit of over EUR 3 million in 2020.
Strengthened growth strategy
By acquiring Biogazelle, CellCarta further fortifies its leadership position in genomic services with a unique combination of assay development and global clinical trial sample analysis capabilities covering a range of established and cutting-edge genomic technologies. What’s more, the acquisition Biogazelle strengthens the Canadian company’s growth strategy and will allow it to extend genomic services from discovery to clinical settings.
Biogazelle's exceptional genomics expertise will enable us to further support our clients' therapeutic development strategies, offering them key solutions to address their clinical challenges and move their immunology and other programs forward.
We are excited to join forces with CellCarta. With both organizations driven by scientific excellence and innovation, it's the logical next step for us to leverage our know-how and services on a global scale.
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Reported by
newspaper De Tijd, press release Biogazelle
