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Date: 2010-07-28
Acquiring pharma company: FGK Clinical Research (Germany)
Acquired biotech company: BlankaMedika (Hungary)
Amount: Undisclosed amount
Terms of the agreement: FGK Clinical Research has taken over the staff and assets from this Hungarian CRO. The managing director of the newly founded company, FGK Clinical Research Kft is Edgar J.Fenzl.
This further expansion of the group in Europe allows it to provide integrated services for multinational clinical studies as well as national clinical studies in a number of European countries.
Other: FGK also plans to open further European subsidiaries later this year.