Systems Biology Worldwide (SBW) has acquired all shares of 4Pharma Oy
Jari Turunen (jari.turunen4pharma.com), Mar 18th 2009Systems Biology Worldwide (SBW) has acquired all shares of 4Pharma Oy. Hence, as of March 18th, 2009, 4Pharma is a subsidiary fully owned by the SBW.
SBW is a joint venture between the University of Helsinki and Pune-based ToolTech; it was formed in 2007 to leverage expertise especially in bioinformatics. The deal is expected to pave the way for 4Pharma to enter more international markets; including expansion to Indian clinical trial sector, where SBW does much of its contract development business.
More information about SBW can be found at http://www.sbw.fi