NEW YORK (360Dx) – Metabolon today announced it has acquired Berlin metabolomics services and diagnostics company Metabolomic Discoveries for an undisclosed amount.
Nicolas Schauer, Metabolomic Discoveries' managing director and cofounder will join Metabolon as a managing director and will see the lab's operations in the German location.
The deal builds on Metabolon's goal of bringing the value of metabolomics globally, Metabolon CEO John Ryals said in a statement. "The addition of Metabolomics Discoveries furthers our global expansion strategy and will provide us with greater access to the European market as we continue to innovate and grow," he added.
Metabolon noted that in addition to today's deal, it reached collaboration deals earlier this year in the Middle East and in China.Â