NEW YORK (GenomeWeb News) — Tandem Labs, a Salt Lake City-based bioanalytical and immunoanalytical testing firm, today announced that it has acquired PharmaKD, a subsidiary of Linden Technologies.
Through the acquisition, Tandem gets the rights to PharmaKD’s DMDiscovery drug metabolism technology for increasing the productivity of drug metabolite identification and quantitation, and MarkerScan, a biomarker discovery and screening process for identifying potential biomarkers.
Under the agreement, Tandem Labs will “retain key personnel, intellectual property portfolios, proprietary informatics, scientific instruments, and 7,000 square feet of operational space from PharmaKD,” the company said.
PharmaKD has been renamed Tandem Labs-New England and will offer metabolite profiling, identification, and quantitation; biomarker discovery and screening; protein-binding assays; and discovery bioanalytical support services, Tandem said.
Financial details of the transaction were undisclosed.