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Pharmaceuticals

Dishman To Acquire Solvay Vitamin Plant

July 16, 2007 | A version of this story appeared in Volume 85, Issue 29

Dishman Pharmaceuticals & Chemicals has signed a letter of intent to acquire Solvay's fine chemicals, vitamin D, and vitamin D analogs business in Veenendaal, the Netherlands. Dishman says it already manufactures an active pharmaceutical ingredient for Solvay, and it converts a raw material supplied by Solvay into an intermediate for vitamin D-3. Dishman, an Indian firm, earlier acquired several European fine chemicals businesses.

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