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BioIVT acquires Tissue Solutions Ltd., a UK-based virtual biobank

Tissue Solutions

This transaction will expand BioIVT’s biospecimen collection network by approximately 150 sites in the US, UK, and Europe and broaden its offerings for drug and diagnostic developers

20 Jul 2021
Ellen Simms
Product and Reviews Editor

Industry news

BioIVT, a leading provider of research models and services for drug and diagnostic development, has announced the acquisition of Tissue Solutions Ltd., a virtual biobank based in Glasgow, UK. Tissue Solutions provides medical researchers with high quality human tissue and other biological materials for use in drug discovery, target identification and validation, assay development and validation, and biomarker and companion diagnostic development.

“We are delighted that the Tissue Solutions team is joining BioIVT. They are well trained and exceptionally experienced with outstanding sourcing capabilities. They are also accustomed to working to the same industry leading quality and ethical standards as our employees. This acquisition will add 150 collection sites to BioIVT’s network, giving us greater access to high-quality control and disease state biospecimens and increased global reach for prospective collections. Furthermore, it will expand our skin product offerings for in vitro models,” said BioIVT CEO Jeff Gatz.

“I founded Tissue Solutions as a virtual biobank in 2007 based on the conviction that biopharmaceutical companies and clinical research organizations (CROs) needed better suppliers of high-quality, ethically-sourced biospecimens. It has been exciting to build Tissue Solutions to become a premier sourcing partner for our clients. We currently serve more than 200 global pharmaceutical and biotechnology companies and CROs,” said Morag McFarlane, Tissue Solutions CEO.

“We are now entering the next phase of our growth. In BioIVT, we have found a likeminded partner and together we can bring greater benefits to our clients. For example, Tissue Solutions’ sites complement BioIVT’s network, and our clients will gain access to BioIVT’s extensive portfolio of more than 300,000 biospecimens. There are so many similarities between our business approaches that we anticipate a smooth transition for our staff and our clients,” added Dr. McFarlane.

Tissue Solutions primarily supports research into oncology, blood disorders, and central nervous system, inflammatory, autoimmune, cardiovascular, infectious, and metabolic diseases.

Tissue Solutions provides fresh, frozen, and formalin-fixed, paraffin-embedded (FFPE) control tissue and skin samples; disease state peripheral blood mononuclear cells (PBMCs) and bone marrow mononuclear cells (BMMCs); fresh and frozen blood and biofluids; normal and mobilized leukopaks; and tissue microarray slides. The company also offers custom procurement to meet client-specified inclusion and exclusion criteria.

All BioIVT’s and Tissue Solutions’ biospecimens are fully consented, collected under institutional review board (IRB) oversight, and provided with the donor’s age, gender, race, disease confirmation, medications, comorbidities, and laboratory results.

BioIVT plans to continue operating Tissue Solutions’ facilities. Financial details about this transaction were not disclosed.

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Cell-Based AssaysCell-based assays are used to monitor the presence, quantity and activities of a desired cellular analyte including drug molecules or biomarkers. This can reveal information on cell health (apoptosis, cytotoxicity, viability and proliferation assays), cell metabolism, cell migration and cell signaling mechanisms. Find the best cell-based assay products, kits and equipment with our peer reviewed product directory: compare products, check customer reviews and receiving pricing direct from manufacturers.Biopharmaceutical AdvancesBiopharmaceutical advances follow the development of pharmaceuticals derived from biotechnology, also known as biotechnology medicines. Biopharmaceuticals may be produced from cell lines, plants, or microbial cells. Important considerations of biopharmaceutical use include application, cost, production process and purification.BiopharmaceuticalsBiopharmaceuticals are proteins and other compounds (such as nucleic acids) produced by living organisms that have uses as therapeutics or for in vivo diagnostics. The most well known example of a biopharmaceutical product, and the first to be approved for therapeutic use, was recombinant human insulin.Assay DevelopmentThe process of proving an assay to be sensitive with respect to the target is known as assay development. The assay should be able to characterize novel compounds and measure the potency of these compounds against a validated biological target.Drug DiscoveryDrug discovery is the process of identifying potential new medications, involving stages such as target identification, compound screening, and preclinical development. It relies on cutting-edge technologies like high-throughput screening, artificial intelligence, and molecular modeling to accelerate the identification of drug candidates. Drug discovery plays a pivotal role in developing new therapies for diseases ranging from cancer to rare genetic disorders. Browse our peer-reviewed product directory to find the latest drug discovery technologies, compare options, check customer feedback, and get pricing directly from manufacturers.FFPEFormalin-fixed paraffin-embedded (FFPE) tissues are commonly used in medical research, particularly in histology and cancer studies. The preservation process allows long-term storage of tissue samples for later analysis. Explore FFPE research products in our peer-reviewed product directory; compare products, check reviews, and get pricing directly from manufacturers.Drug DevelopmentDrug development refers to the process of bringing a new drug to market.Biomarker DiscoveryClinical biomarkers refer to substances related to known medical conditions that can be accurately measured <i>in vitro</i>. Biomarkers can be used to diagnose presence of a disease and indicate disease severity. The discovery of new biomarkers is incredibly valuable in the field of diagnostics.

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