Momentum Biotechnologies Announces Acquisition of OmicScouts
"Our clients have long requested our help triaging and further interrogating the hits we uncover through high-throughput screens. With the addition of OmicScouts' leading chemoproteomic capabilities, we are now able to take projects beyond hit identification to interrogate target engagement, selectivity/specificity, and global drug response, effectively closing the existing gap between biochemical hit triage and downstream cell-based and preclinical assays," says Can Ozbal, Ph.D., founder and CEO of Momentum Biotechnologies. "We are excited about this opportunity to expand our service capabilities while maintaining our mutual commitments to customer satisfaction, scientific rigor, and ongoing technological innovation."
OmicScouts' co-founder and CEO
The two groups are aligned in their firm technical foundations and long-lasting client relationships, making the acquisition an excellent cultural and strategic fit. "OmicScouts and Momentum are both distinguished by technical excellence and deep trust from their clients. This combination allows us to integrate OmicScouts' proteomics expertise with our screening technologies and ultimately accelerate the drug design process for clients," says
Two of OmicScouts' co-founders and scientific advisers,
About Momentum Biotechnologies
Momentum Biotechnologies is a drug discovery partner providing specialized, cutting-edge mass spectrometry technologies to biopharmaceutical clients across the globe. Through a diverse array of services, including affinity-selection mass spectrometry (ASMS), covalent binding assays, chemoproteomics, and small-molecule analysis, Momentum helps clients identify, validate, and characterize therapeutic leads, accelerating critical drug discovery efforts. Thanks to their proven workflows, state-of-the-art facilities, and extensive mass spectrometry experience, Momentum is uniquely positioned to deliver rapid, reliable answers to a wide range of pressing research questions. For more information, please visit www.momentum.bio.
About OmicScouts
OmicScouts is a proteomics company focused on supporting drug and biomarker discovery through unique expertise and innovative technologies. By providing and developing system-wide assays to monitor protein activity and function in a physiological context, OmicScouts enables the identification of small molecule drug targets, target engagement markers, molecular mechanisms of action, and drug response biomarkers. OmicScouts supports a wide variety of drug and biomarker discovery projects with end-to-end solutions tailored to project-specific needs, and the team has a strong track record of successful collaborations with top pharmaceutical and biotechnology companies. To learn more, visit www.omicscouts.com.
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SOURCE Momentum Biotechnologies
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