Óbudai Egészségügyi Centrum Kft (OEC)

Panthera Biopartners, a Preston-based clinical trials business, has expanded its operations into mainland Europe through the acquisition of Óbudai Egészségügyi Centrum Kft (OEC), an independent clinical research site network based in Hungary.

Summary of transaction details:

• Value: Undisclosed
• Sector: Healthcare & Biotech
• Advisor: Not mentioned
• Key Entities: Panthera Biopartners (Acquirer), Óbudai Egészségügyi Centrum Kft (OEC) (Target)
• Location: Hungary (Target), Preston, UK (Acquirer)

Note: This acquisition represents a strategic move for Panthera Biopartners to establish a significant presence in the European clinical trials market, leveraging OEC's existing network to facilitate broader patient recruitment and trial management capabilities for Phase II and Phase III clinical trials.