Systems Biology Worldwide (SBW) has acquired all shares of 4Pharma Oy

Jari Turunen (jari.turunen a 4pharma.com), Mar 18th 2009

Systems 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

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