Asterand Buys Memphis Human Tissue Specimens Company

DETROIT – Asterand Bioscience Inc., the Wayne State University TechTown research company, Tuesday announced the acquisition of AdeptBio LLC, a Memphis, Tenn.-based company that procures human tissue specimens. Terms were not announced.

Said Peter Ferrigno, CCO of Asterand Bioscience: “Together, we will strengthen our partnership with the pharmaceutical and diagnostic community, providing unparalleled quality samples, highly regulated collection and tailored specifications, for their research needs.”

Added Dr. Lee Schwartzberg, founder of AdeptBio, LLC: “The development of new targeted therapies and companion diagnostics rely on availability of tissues, and increasingly biofluids, linked to deep clinical data. Joining AdeptBio’s network with Asterand Bioscience’s network will strengthen their ability to partner and serve the pharmaceutical and diagnostic community.”

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By Mike Brennan|2015-09-20T10:30:00-04:00September 20th, 2015|Life Sciences|

About the Author: Mike Brennan

Founder of Michigan News Network, and serves as CEO, as well as Editor & Publisher of MITECHNEWS.COM. Brennan has worked since 1980 as a technology writer at newspapers in New York, NY, San Jose, CA., Seattle, WA., Memphis, TN., Detroit, MI., and London, England. He co-founded and served as managing editor of Pacific Rim News Service (SEATTLE), which developed a network of more than 100 freelance journalists in 17 Asia-Pacific countries.