BioIVT Acquires Fidelis Research

BioIVT, a provider of biospecimens, research models and services for drug and diagnostic development, has acquired Fidelis Research, an 85-site clinical biospecimen collection network in Southeastern Europe with headquarters in Sofia, Bulgaria. Fidelis Research also possesses cell isolation capabilities and provides custom contract research services for pharmaceutical companies and clinical research organizations (CROs).

“This transaction further increases the scale and depth of BioIVT’s global operations by adding new clinical collection sites, which are predominantly hospital based, focused on oncology, heme-oncology, and autoimmune cases. We now have an exemplary global footprint for the collection and provision of high-quality, fully annotated, disease-state biospecimens in Europe, Asia, and the U.S.,” said Dr. Richard Haigh, CEO, BioIVT. “Through Fidelis Research, we deepen our presence in Europe and can provide our clients with a broad array of fresh, clinically collected, disease-state tissues and biofluids, and expanded cell products globally.”

BioIVT places great emphasis on delivering highly characterized biospecimens that enable smarter science and accelerate medical breakthroughs. The company excels at marrying samples with actionable clinical, demographic, genetic and outcomes data. Within the past year, BioIVT has undertaken a program to annotate thousands of biospecimens with next-generation sequencing data (NGS), creating the largest biorepository of biospecimens with mutation or genotype data. Through this acquisition, BioIVT will be able to expand its support of precision medicine research in multiple therapeutic areas, most notably in oncology.