TriMetis Life Sciences Acquires Biologistics Start-up

Acquisition expands Memphis-based pre-clinical research services for biotechnology, medical device and pharmaceutical companies

Memphis, Tenn. (August 22, 2014) – TriMetis Life Sciences, a pre-clinical research services company, has expanded by acquiring FoundationBio, a biospecimen procurement start-up with offices in Memphis and Boston.  FoundationBio utilizes access to tissue donors via hospitals and community oncology clinics and their supporting pathology and laboratory services partners around the world to obtain specimens for research. The terms of the deal were not disclosed.

For the full news release, visit the TriMetis website.