Leading UK law firm, Shepherd and Wedderburn has acted for MedSource in a deal that saw the company acquire the data services division of Datatrial, a UK based international biometrics and technology company that supports clinical trials.
MedSource, a Houston-based clinical research organization, has experienced significant growth in the past three years, opening new facilities across the US. This deal marks the company’s first foray into the UK and will allow them to further expand into the European market. The acquisition adds new offerings for MedSource, including end-to-end clinical biometrics, data management, biostatistics and medical writing.
Partner Danny Lee, who led the Shepherd and Wedderburn team along with associate John Morrison, said: “It is great to be working with MedSource, an innovative and ambitious business. The acquisition of Datatrial will allow the company to significantly expand their customer service and data management capabilities. We are delighted that our expertise helped MedSource secure a deal which will help them achieve their wider ambitions.”
With the UK expansion, the company now has four offices, including Raleigh, North Carolina, and San Diego, California.