New capital to advance ProtaGene's analytical leadership

Germany-headquartered contract research organization (CRO) ProtaGene today announced additional investment from Ampersand Capital Partners.

Given the critical importance of advanced bioanalytics and product characterization for developing increasingly complex therapeutics, Ampersand has invested nearly $40 million within the past year to support ProtaGene's services and capacity expansions. This investment has allowed the organization to meet rebounding market demand among biologics developers, address increasingly complex analytical challenges, and deliver the growing product understanding and safety assurances required by global regulatory bodies.

Ampersand's investments have been pivotal in ProtaGene's worldwide expansion efforts, including establishing cutting-edge facilities in North America and Europe. Most recently, ProtaGene unveiled a brand-new, state-of-the-art lab and office headquarters in the Burlington BioCenter, located in Boston's rapidly growing biotechnology hub.