Synteract Acquires Dermatology Specialist CRO Cu-Tech, Adding Center of Development in Dermatology
Synteract, an innovative contract research organization (CRO) providing full-service Phase I-IV clinical trials, has acquired Cu-Tech, LLC, the leading dermatology specialist CRO. In coming together with Cu-Tech, Synteract has created a dedicated center of dermatology development, making the combined company the leading midsized global CRO for dermatology clinical trials.
Cu-Tech is an industry-renowned dermatology CRO with more than two decades of experience, having managed 130+ dermatology trials. The New Jersey-based CRO is known for its strong relationships with its clients and investigative sites, as well as for its expertise in working across a variety of dermatological indications.
Steve Powell, CEO of Synteract, says, “The acquisition of Cu-Tech represents the next step in our strategy to specialize in targeted areas of clinical development. We have combined Synteract’s existing base of experience in dermatology with the focused strength and expertise that Cu-Tech has provided its customers for over 20 years. Dermatology is poised for continued strong growth, and in acquiring Cu-Tech, we have created a leading CRO for dermatological services and site connections. In recognition of their leadership in the dermatology sector, we will support the Cu-Tech team in their current form. Dermatology is now our fifth specialized area of focus, alongside oncology, neuro-degenerative diseases, rare and orphan diseases, and pediatrics.”...