Chinese drug discovery firm WuXi AppTec acquires Germany's Crelux

Acquisition enhances WuXi's structure-based drug discovery capabilities and establishes WuXi research facilities within Europe

Research lab image via Shutterstock.
<a href="http://www.shutterstock.co.in/pic-89254516/stock-photo-scientist-working-at-the-laboratory.html?src=ORKKA0MMUSHlJ3KzTkYwPQ-1-43" target="_blank">Research lab</a> image via Shutterstock.
BS B2B Bureau Munich, Germany
Last Updated : Apr 19 2016 | 4:01 PM IST
WuXi AppTec - the Chinese firm serving the pharmaceutical, biotechnology and medical device industries with its open-access R&D capability and technology platform - on April 15, 2016 acquired Crelux GmbH, a leading structure based drug discovery provider based in Munich (Germany). The addition of Crelux provides augmented scientific depth and complements existing capabilities within the WuXi structure-based drug discovery platform.
 
Crelux was founded in 2005 and has its laboratories at the Innovation Center for Biotechnology (IZB) in Martinsried. As a global leader in structure-based drug discovery, Crelux has been providing the drug discovery industry with highly individualised and efficient solutions to inform and accelerate their programmes for more than a decade. Crelux provides a number of customised services to support hit-finding, conformational analysis and lead optimisation, including protein production, biophysical assays, fragment screening, and X-ray crystallography.
 
The acquisition represents a further step in the growing European presence of WuXi AppTec and provides a solid foundation for WuXi to expand its integrated drug discovery services within Europe.
 
“The addition of Crelux will enable existing and prospective clients of both WuXi and Crelux to access enhanced hit finding, hit-to-lead, and lead optimization services with greater efficiency and scientific leadership. Crelux reflects our commitment to our European clients and adds strength to our existing comprehensive drug discovery capabilities within the WuXi Research Service Division,” said Dr Steve Yang, executive vice president and chief operating officer of WuXi AppTec.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 18 2016 | 3:57 PM IST

Next Story