The Hamner Institutes For Health Sciences And PBM Capital Group Launch Triangle Research Labs
Research Triangle Park, N.C. (PRWEB) October 18, 2011 The Hamner Institutes for Health Sciences (http://www.thehamner.org), a nonprofit research organization focused on translational safety sciences and a pioneer in liver toxicity research, and PBM Capital Group (PBM), a Charlottesville, Va.-based investment group with significant interests in biotech and life sciences, have announced the formation of a new joint venture in contract research services called Triangle Research Labs, LLC (TRL), which will be located on The Hamner?s campus at 6 Davis Drive. The new company will work on predictive toxicity testing, which will involve screening drug compounds prior to clinical studies to provide biopharma companies an ?insurance policy? to quickly identify compounds that will be toxic to humans, potentially saving billions in the drug discovery process. As part of this effort, PBM has shifted the contract research service resources of its GigaCyte subsidiary in Branford, Conn., to The Hamne...