Inotiv, Inc., began operations in 1975 as Bioanalytical Systems, Inc., which was registered in 1974. In March 2021, the company changed its name to Inotiv, Inc., headquartered in West Lafayette, Indiana. Inotiv, Inc., is an international contract research organization providing drug discovery and development services. The company's customers and partners include pharmaceutical, biotechnology, academic and government agencies, etc. The company utilizes innovative technologies and products, as well as its commitment to quality, to help customers and partners accelerate the development of safe and effective therapies and maximize the return on investment in their research and development. The company offers an efficient variable cost plan to replace its customers' internal product development plans. The Company outsources development work to reduce overhead through U.S. Food and Drug Administration (" FDA ") approval. The company generates revenue from selling its research services and drug development tools, both of which focus on determining the safety and efficacy of drugs.