Add-on Acquisition • Life Science

Inotiv Acquires Plato BioPharma

On October 4, 2021, Inotiv acquired life science company Plato BioPharma for 15M USD

Acquisition Context
  • This is Inotiv’s 5th transaction in the Life Science sector.
  • This is Inotiv’s 4th largest (disclosed) transaction.
  • This is Inotiv’s 5th transaction in the United States.
  • This is Inotiv’s 3rd transaction in Colorado.

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M&A Deal Summary

Date October 4, 2021
Target Plato BioPharma
Sector Life Science
Buyer(s) Inotiv
Deal Type Add-on Acquisition
Deal Value 15M USD

Target Company

Plato BioPharma

Westminster, Colorado, United States
Plato BioPharma is a biotechnology company that engages in vivo pharmacology research and drug discovery company specializing in cardiovascular, renal, pulmonary, and hepatic therapeutic areas. Plato BioPharma was founded in 2009 and is based in Westminster, Colorado.
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Buyer Overview 1

Buyer

Inotiv

West Lafayette, Indiana, United States

Category Company
Founded 1974
Sector Life Science
Employees1,977
Revenue 491M USD (2024)
DESCRIPTION

Inotiv is a pharmaceutical development company providing contract research services and niche instrumentation, serving both the life sciences industries, primarily in drug research and development. Inotiv was founded in 1974 and is based in West Lafayette, Indiana.


Deal Context for Buyer #
Overall 5 of 9
Sector: Life Science 5 of 8
Type: Add-on Acquisition 4 of 7
State: Colorado 3 of 3
Country: United States 5 of 9
Year: 2021 3 of 3
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-16 Bolder BioPATH

Boulder, Colorado, United States

Bolder BioPATH is a contract pharmacology and pathology company specializing in vivo models of rheumatoid arthritis, osteoarthritis, inflammatory bowel disease, diseases of the central nervous system, and other autoimmune, inflammation, and pain models. Bolder BioPATH was founded in 2003 and is based in Boulder, Colorado.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Robinson Services - Rabbit Breeding & Supply Business

Mocksville, North Carolina, United States

Robinson Services' Rabbit Breeding & Supply Business provides rabbit breeding services.

Buy -