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Syngene International announces completion of deal with Strand Life Sciences

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Capital Market
Last Updated : Sep 22 2016 | 12:02 AM IST

To purchase systems Bioloy and Pharma Services Practice

Syngene International announced that the Company has completed a deal through which Syngene has purchased assets of Strand Life Sciences related to systems biology, Heptox and pharma bioinformatics services. This includes target dossier business and rights to NGS data analytics and Sarchitect platforms, supported by a strong scientific team. Financial details of the deal were not disclosed.

This deal gives Syngene access to Strand's patented Virtual Liver model and the NGS analytics platform. The Virtual Liver model is able to predict the toxic effect of different drugs or chemicals on the liver (both rat and human) using information from laboratory based experiments prior to actual testing on live animals or humans. Strand NGS is an integrated platform that provides analysis, management and visualization tools for next-generation sequencing data.

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First Published: Sep 21 2016 | 4:15 PM IST

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