Lambda: Novum acquired by global research organization

Novum Pharmaceutical Research Services has entered into an agreement to be acquired by Lambda Therapeutic Research, according to a press release published Tuesday morning. The terms of the private transaction were not disclosed. The acquisition of the contract research organization, based in Station Square, will give Lambda - which is based in India - a foothold in the United States. The company expanded into North America with the purchase of a Canadian research organization in 2010 but had...