London healthcare company accelerates growth strategy with Canadian acquisition
A London healthcare business has announced that it has bought a Canadian company as part of its growth strategy.
Alimentiv Inc, which was previously part of Robarts Research, has announced its purchase of McDougall Scientific, based in Toronto.
This comes following a recruitment drive that saw Alimentiv’s workforce increase to nearly 400 staff.
The integration of McDougall Scientific to the company adds around 20 employees.
Jeff Smith, chief executive of Alimentiv, commented: “This supports our future growth in biostatistics.
“That is about a $1.5bn sector, a growing sector and McDougall Scientific is an excellent brand with a depth of expertise in the area.
“There is a strong synergy. We have collaborated with them this past year and this is an opportunity for us both to grow. They complement what we do.
“We have grown through the pandemic. In the first two months of this year we added 30 employees globally.
“We continue to make investment in medical research. We commit a lot of money every year to research. We have collaborations with Western and in California and Amsterdam.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline