Blackstone buys Australia clinical trials specialist
The Blackstone Group has acquired Nucleus Network, which claims to be Australia’s largest phase-one clinical trials provider, for an undisclosed sum. It provides an exit for local GP Crescent Capital Partners.
Crescent bought Nucleus Network from heart disease and diabetes-focused researcher The Baker Institute for an undisclosed sum in 2018. The private equity firm is now selling for at least A$600 million...
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