September 23, 2024
Translink Corporate Finance in the United States initiated the acquisition of Clintrex Research Corporation by ToxStrategies, a best-in-class, multidisciplinary scientific consulting firm. Founded in 2008 by Dr. C. Warren Olanow, Dr. Karl Kieburtz, and Cornelia Kamp, Clintrex operationalises clinical and regulatory development pathways for new pharmaceutical treatments to address neurodegenerative and other central nervous system diseases.
ToxStrategies partnered with Renovus Capital Partners in November 2022 with the goal of expanding its existing client base and developing new end markets. The acquisition of Clintrex by ToxStrategies brings together two best-in-class firms within the life sciences industry, that will offer integrated interdisciplinary teams to solve the multifaceted challenges faced by their clients. Doctors, Olanow and Kieburtz will continue to lead Clintrex as a division of ToxStrategies.
Clintrex staff includes world-renowned experts in various aspects of drug development who collaborate with clients to identify and solve pre-clinical science, clinical trial, biostatistical and regulatory issues that are critical to product development and approval. This internationally recognised team of experts has developed a unique and proven approach for conducting clinical trials that serves to minimise variability, facilitate recruitment, require smaller sample sizes, and increase the likelihood of accurately detecting an accurate and reliable result.
“We are proud to welcome Clintrex physicians, scientists and regulatory specialists to our growing team of toxicologists, epidemiologists, biostatisticians, engineers, and health economics and outcome research (HEOR) analysts working to develop and assist with FDA approval of life-changing therapies, as well as providing expertise in the optimisation of the biopharmaceutical cold chain for novel, fragile, and temperature controlled therapies,” said President of ToxStrategies, Dr. Laurie Couture Haws, Ph.D., DABT, ATS.
“We are delighted to partner with ToxStrategies and its associated companies. This partnership will enable us to provide a combined approach for assisting biotech and pharmaceutical companies in their development programs. This approach will include preclinical toxicology, health outcome and epidemiologic approaches, in addition to the basic science, clinical trial, operational and regulatory assistance we currently provide. Together, we believe this will facilitate the development process and increase the likelihood that promising new therapies will become available to help patients with these disorders,” said Dr. C Warren Olanow MD, FRCPC, FRCP (hon), CEO of Clintrex Research Corporation.
“We are excited to continue delivering outstanding services to our existing and future collaborators, and to have the chance to expand the breadth of capabilities working as part of ToxStrategies,” said Dr. Karl Kieburtz, MD, MPH, Co-founder and Chair of the Clintrex Board of Directors.
“ToxStrategies has benefitted from being one of several Renovus portfolio companies in the life sciences industry, giving it access to a vast network of relationships, capabilities, and industry expertise. We are excited to support ToxStrategies’ acquisition of Clintrex, which brings together two world class service providers to support the full pharmaceutical development pipeline, particularly in the neurodegenerative and neurological diseases space. We are confident that this acquisition will create numerous growth opportunities for the combined company,” said Jesse Serventi, a founding partner at Renovus Capital Partners.
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Dinan is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 35 years of advisory and merchant banking experience dedicated to middle-market transactions.