Hyderabad’s Energon Labs Joins Global TIC Firm Cotecna
Cotecna has acquired Hyderabad-based analytical testing laboratory Energon Labs to strengthen its global Life Sciences platform. The deal expands its pharmaceutical testing capabilities and is expected to improve regulatory-compliant services, responsiveness and operational efficiency for Indian and international customers
Hyderabad: Cotecna, a provider of testing, inspection and certification (TIC) services, has acquired Energon Labs, an analytical testing laboratory based in Hyderabad.
The acquisition strengthens Cotecna’s global Life Sciences platform and expands its pharmaceutical testing capabilities across the pharmaceutical, biopharmaceutical, medical device and packaging sectors, according to a press release.
Located in Hyderabad, a major pharmaceutical and biotechnology hub, Energon brings specialised scientific talent, advanced laboratory infrastructure and access to an established pharmaceutical ecosystem to the Cotecna Group.
The acquisition is expected to enhance Cotecna’s ability to serve Indian and international customers with regulatory-compliant testing services, while improving responsiveness, scalability and operational efficiency across key markets, the release said.
Cotecna Group Chief Executive Officer Sébastien Dannaud said the acquisition was an important step towards the company’s ambition of becoming one of the largest providers of life sciences testing services in India.
“It strengthens our position in one of the world’s most important pharmaceutical markets,” Dannaud said.
