ACM Medical Laboratory Finalizes Acquisition of Pivotal Lab
ACM Medical Laboratory, Inc. is pleased to announce the acquisition of long-time partner lab, Pivotal Laboratories, based in York, UK, after working together under an exclusive alliance. As a wholly owned subsidiary of Unity Health System, ACM Medical Laboratory will maintain its name and identity while the clinical trials division will do business as ACM Global Central Laboratory providing central laboratory services to pharmaceutical, biotech and contract research organizations (CROs). The acquisition enables ACM to further streamline operations for increased efficiencies.
Pivotal Laboratories celebrates its tenth year of clinical laboratory testing this year and is recognized as an established force in the central laboratory market. It is dedicated solely to clinical trials central laboratory services serving the regions of Europe, Israel and South Africa, with a particular emphasis on growth within the countries of Central and Eastern Europe.
Jerry Boxall, Pivotal Laboratories’ Managing Director said “This is a very exciting development for us. Building on the success of our alliance over the past four years, this allows our unified group to continue it’s impressive record of growth and to enhance our service offering on a global basis while at the same time remaining true to our core values of flexibility, customer service and excellence in everything we do.”
“Our success and growth in the global market made this an economically viable business decision,” said Art Glenz, President and CEO, ACM Medical Laboratory. “The complete integration of the two companies places us in a stronger position. This was the next logical step in our relationship.”
“We anticipate continued growth in the global clinical trials market,” said Art Glenz. The expanded operations will bring an increase in employment both in the US and the UK. “Establishing ownership in Europe strengthens our presence in this very important region” said Elena Logan, VP, Clinical Trials. “A strategic acquisition such as this validates our global efforts.”
ACM Global Central Lab’s systems are seamlessly integrated and validated with the York lab, including a harmonized international database, reference ranges, uniform naming conventions and finance and administrative systems. The company is now able to centralize certain functional areas where cost savings are possible.
About ACM Medical Laboratory
ACM Medical Laboratory, Inc., a division of Unity Health System located at 160 Elmgrove Park in Rochester, NY is a full service testing laboratory. One of the largest and fastest growing regional reference laboratories in the United States, ACM Medical Laboratory has over 30 years of experience conducting laboratory testing. ACM performs over 12 million clinical tests annually for physicians, hospitals and pharmaceutical, biotech and contract research organizations (CROs). www.acmlab.com
About ACM Global Central Lab
ACM is the global central laboratory with a flexible approach and a focus on precision to keep clinical research studies on schedule. Global operations extend to more than 60 countries with all tests conducted and managed from central lab facilities with seamless data management providing a single database. The organization performs over 12 million tests each year, featuring more than 1,500 individual tests spanning all medical disciplines, including pathology, microbiology, flow cytometry and pharmacogenomics. www.acmgloballab.com