LDC (Managers) Limited has divested Synexus Clinical Research to Jaguar Holdings Company, a holdings company of Pharmaceutical product Development (PPD).
The $258.33m transaction generates 2.3x money multiple for LDC and enables Synexus to achieve a substantial growth in the market.
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JSS Medical Research plans to establish its presence and provide its services to clients in Europe and surrounding regions by acquiring Bonne Sante, a marketing company specialised in promotion of gastroenterology products.
The acquisition enables both companies to improve their operational efficiencies and international business development and expand their client services.
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