Hangzhou, China-based Tigermed has acquired Zagreb, Croatia-based Marti Farm. Terms of the deal were not disclosed.
Marti Farm is a contract research organization (CRO) dedicated to assisting the healthcare, pharmaceutical and food supplement sectors in developing and delivering health-improving outcomes. The company’s global reach is expanding, with results delivered in more than 50 countries to more than 150 clients.
Tigermed is a global provider of integrated research and development solutions for the biopharmaceutical and medical device industries. Tigermed represents a worldwide network of more than 100 subsidiaries and 180 service locations with more than 10,000 employees across 54 countries in Asia Pacific, Europe, North America, South America and Africa.
According to data captured in the LevinPro HC database, this transaction represents the fourth contract research organization deal of 2023. There were 39 contract research organization transactions in 2022.
