ArchiMed Acquires ImaBiotech and Pyxant Labs; Pyxant Acquires LabCorp/Covance Salt Lake City Site

July 6, 2021

European healthcare-focused private equity firm ArchiMed completed three simultaneous transactions to create a market leader in bioanalytical services: it acquired French molecular-imaging and bioanalysis specialist ImaBiotech and Colorado Springs-based Pyxant Labs, while Pyxant also acquired LabCorp/Covance's Salt Lake City bioanalytical and oligonucleotide studies site. The combined moves expand ArchiMed's capabilities and North American footprint in bioanalytical testing for clinical trials.

Buyers
ArchiMed, Pyxant Labs
Targets
ImaBiotech, Pyxant Labs, Covance by LabCorp Salt Lake City bioanalytical and oligonucleotide studies site
Sellers
LabCorp / Covance
Location
France
Transaction Type
Buyout

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