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Food and Drug Analytical Services Limited

Industry Sector

Life Science Contract Research Organisation (CRO)

Deal Type

Startup

Date

2004 - 2016

Based at BioCity Nottingham, Food and Drug Analytical Services Ltd is one of the leading independent providers of pharmaceutical quality control testing in the UK. FDAS delivers a full contract testing service - incorporating chemistry, microbiology, stability and development capabilities - to some of the UK's largest pharmaceutical companies

How did we help?

Catapult invested in FDAS as a start-up business in 2004, alongside its founders. We supported the management team to develop a large and diverse customer base of pharmaceutical companies, to move into larger laboratory space at BioCity and to employ over 20 people during the life of our investment.

Result

We exited our investment in April 2016 when FDAS was sold to Tentamus Group GmbH, and became part of its worldwide network of laboratory businesses.