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Hvivo buys German firm's research units for €10 million, aiming to hit £100 million revenue by 2028.
Clinical trials company Hvivo has acquired two research units from German firm CRS for €10 million, expanding its European presence and adding 120 beds in Mannheim and Kiel.
This move is expected to boost Hvivo's 2025 revenues to £73 million and help reach a £100 million target by 2028.
The acquisition aligns with Hvivo's strategy to enhance its early-stage drug development services and operational delivery.
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Hvivo compra las unidades de investigación de la firma alemana por 10 millones de euros, con el objetivo de alcanzar los ingresos de 100 millones de libras para 2028.