Bioanalytical Systems Inc is a contract research organization which provides drug discovery and development services and analytical instruments. The company operates in two business segments namely contract research services and research products. The contract research services segment provides research and development support on a contract basis directly to pharmaceutical companies. In addition, it also includes services to screening and pharmacological testing, preclinical safety testing, formulation development, regulatory compliance, and quality control testing. The research products segment provides liquid chromatography, electrochemical and physiological monitoring products to pharmaceutical companies, universities, government research centers, and medical research institutions.