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Business
Sigma-Aldrich Sells Pharmorphix
by Alexander H. Tullo
October 5, 2015
| A version of this story appeared in
Volume 93, Issue 39
Sigma-Aldrich has sold its Pharmorphix solid-form research business to Johnson Matthey, which says the business will expand its European active pharmaceutical ingredient business and clinical supply services. The deal comes as Merck KGaA is expected to close on its $17 billion purchase of Sigma-Aldrich within the next two months. Merck originally planned to complete the transaction by the end of September, but Sigma must sell solvents and inorganics units before the acquisition closes.
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