Millstone Medical Outsourcing acquires Ethide Labs
2022-12-01
并购
Millstone Medical Outsourcing
announced today that it completed its acquisition of regulatory testing services provider Ethide Labs.
Fall River, Massachusetts-based Millstone completed its acquisition on Nov. 14, 2022.
West Warwick, Rhode Island-based Ethide Labs brings more than 60 years of experience in regulatory testing services for the medical device and pharmaceutical industries. The certified laboratory completes more than 5,000 tests annually on more than 100 unique products. It provides testing for ethylene oxide (EO) residual, microbiology, bioburden, sterility, and package integrity testing, as well as environmental monitoring services.
Millstone said the acquisition of Ethide Labs ensures in-house access to its full range of testing services. The company also expects it to strengthen its end-to-end expert sourcing and support services. This acquisition accompanies another recent buy, with the company acquiring laboratory testing service provider MycoScience.
“We are excited to bring Ethide Labs into the Millstone family of companies,” said Millstone Medical Outsourcing CEO Karl Neuberger. “Millstone is dedicated to helping our customers focus on the products that change patients’ lives through best-in-class post-manufacturing services that ensure quality, compliance, and business success. With the specialty testing expertise and proven success of Ethide Labs, we continue to expand the end-to-end support we offer in-house—with the quality and expertise our customers have come to rely on.”
Millstone said the Ethide Labs leadership team is set to join its own experts.
“For 60 years, Ethide Labs has supported the medical device market and related industries with expert guidance and accelerated turnaround times so our customers can focus on bringing products to market faster,” said Ethide Labs CEO Sarath Koruprolu. “We are thrilled to join forces with Millstone and to bring our expertise together with theirs to deliver life-changing and lifesaving products.”
Millstone also recently announced a cleanroom expansion at its Fall River headquarters and its acquisition of contract manufacturing organization MycoScience.
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