Intertek Acquires QTI Laboratory Bio-Analytical Capabilities
Intertek Group plc (Intertek), a leading international provider of quality and safety services to a wide range of industries, has acquired Quantitative Technologies Inc (QTI). QTI will operate in the Intertek OCA Division (Caleb Brett) Pharmaceutical Services group.
QTI is a leading a contract analytical research and development laboratory that has been serving the pharmaceutical, medical device and drug delivery industry in North America for over 15 years, specialising in the pre-market launch stages of the drug and product development life cycle. QTI is located in Whitehouse, New Jersey with approximately 60 staff and counts major global pharmaceutical companies among its clients. The laboratory is highly regarded for technical expertise, rigorous compliance programs, and outstanding customer service - it is a current Good Manufacturing Practice (cGMP) facility in good standing with the US Food and Drug Administration (FDA).
The acquisition further advances Intertek's strategic growth in expert support services to the global pharmaceutical, medical device and drug delivery industry through the provision of state of the art analytical services.
CEO of Intertek's OCA Division (Caleb Brett), Mark Loughead, comments; "QTI has an outstanding reputation in the industry and will further expand our ability to support the pharmaceutical and related sectors for outsourced R&D and testing expertise."
John Conti-Ramsden, PhD, global director for Intertek Pharmaceutical Services, said; "The acquisition of QTI further develops Intertek's USA offering and global platform in the area of pharmaceutical services. Intertek already provides a wide range of testing services to pharmaceutical clients from its laboratories in Europe and Good Laboratory Practice (GLP) bio-analytical services from the Alta laboratories in California."
Paul Winslow, PhD, managing director of QTI comments; "Joining Intertek provides QTI a global network to access and serve the worldwide pharmaceutical industry. Additionally, Intertek's commitment to growth will allow QTI to expand our capabilities to provide a more comprehensive service offering to our key industry markets."
About Intertek
Intertek Group plc (FTSE: ITRK) is a leading international provider of
quality and safety services to a wide range of global and local
industries. Partnership with Intertek brings increased value to
customers' products and processes, ultimately supporting their success
in the global market place. Intertek has the experience, expertise,
resources and global reach to support its customers through their
network of 930 laboratories and offices, 18,000 people in 109 countries
around the world. www.intertek.com
About Intertek Pharmaceutical Services
Intertek's Pharmaceutical and Speciality Chemical Laboratories provide a
wide range of routine and non-routine laboratory testing services to
support pharmaceutical, biotechnology and nanotechnology clients. A
growing international network of Intertek laboratories and offices serve
clients from a wide range of industries on a global basis with services
including laboratory testing, outsourcing, inspection, R&D and process
services. Intertek laboratories are ideally suited to support a diverse
range of fine chemical, pharmaceutical and biotech activities. www.intertek-cb.com/pharma
About QTI
QTI is a FDA and DEA registered contract Analytical Research &
Development Laboratory, operating in accordance with cGMP regulations
and associated guidance documents. Located in Whitehouse, NJ, QTI has
been providing complete analytical solutions to the pharmaceutical and
biotechnology communities since 1989. QTI's mission is exceed client's
expectations by providing innovative solutions for their analytical
challenges and to help them achieve their technical business objectives
while maintaining the highest level of quality assurance and regulatory
compliance.