Volume 85 Issue 20 | p. 23 | Concentrates
Issue Date: May 14, 2007

SAFC Acquires Drug Delivery Company

Department: Business

SAFC, the fine chemicals business of Sigma-Aldrich, has acquired Molecular Medicine BioServices, a Carlsbad, Calif.-based producer of viruses used to deliver DNA, RNA, and other biopharmaceutical drugs. "The acquisition of MMB continues our push into niche biologics," says SAFC President Frank Wicks. He says the ability to manufacture viruses complements SAFC's transgenic extraction and purification operation in St. Louis and a bacterial fermentation facility under construction in Israel. According to Wicks, SAFC had considered building its own virus plant in St. Louis. MMB, founded in 1997, employs 60 people and has annual sales of about $12 million.

 
Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment