Company Watch

Aptuit ramps up investment with acquisition of InfoPro Solutions

Our News Bureau - Mumbai

Aptuit, a leader in drug development services, announced that it will acquire InfoPro Solutions, an information technology services company that delivers application systems to pharmaceutical and biotechnology customers. The acquisition enables Aptuit to leverage InfoPro Solutions' expertise to deploy the industry's first global, multi-customer, multi-site platform to enable clients to track drug development projects anywhere in the world in real time. InfoPro Solutions' development facility in Bangalore will provide the company with a strategic base for its informatics operations.

Frank J Wright, Chief Operating Officer of Aptuit, on his recent visit to Bangalore, remarked, "The acquisition of InfoPro Solutions is one of the many investments Aptuit has made in our long-term commitment to streamline and support the drug development process for biotechnology and pharmaceutical innovators. India is an important market for us in many respects and we will continue to look for strategic investment opportunities here in the immediate future."

Aptuit is partnered with Welsh, Carson, Anderson and Stowe, one of the world's largest private equity investors and is building a world-class drug development services company through acquisition and investments in talent, technologies, and infrastructure.