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NuChem Sciences

The business, the turning points, and the decisions behind them.

Founded2011
Event year2023
FundingUS$37.6M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

NuChem Sciences Inc. was one of North America's largest discovery contract research organizations (CROs). Founded in 2011 in Montreal by ex-Merck Frosst colleagues, it provided integrated and standalone drug discovery services — medicinal, synthetic, scale-up, process and computational chemistry, plus DMPK, in vitro biology and in vivo pharmacology — to global biotech and pharmaceutical companies. With more than 300 staff across centers of excellence in Montreal and Quebec City (including the 2021 acquisition of OmegaChem), it was acquired by UK-based Sygnature Discovery Ltd. on August 2, 2023 for an undisclosed sum, continuing to operate and drive market expansion in North America.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded

    NuChem Sciences was founded in Montreal by ex-Merck Frosst colleagues as a chemistry-focused drug discovery CRO.

  2. Acquired OmegaChem

    NuChem acquired OmegaChem, another Canadian CRO, becoming Canada's largest chemistry-oriented CRO.

  3. Acquired by Sygnature

    On August 2, 2023, UK-based Sygnature Discovery announced the acquisition of NuChem Sciences for an undisclosed sum — its third acquisition in sixteen months — and the company continued operating in Montreal and Quebec City.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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