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.
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive