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Business
Avecia builds up drug service business
by Michael McCoy
October 17, 2016
| A version of this story appeared in
Volume 94, Issue 41
Nitto Denko Avecia will acquire Irvine Pharmaceutical Services, an analytical development services provider, and sister company Avrio Biopharmaceuticals, a contract manufacturer of injectable drugs. Both firms are located in Irvine, Calif. Avecia is a contract manufacturer of oligonucleotides with facilities in Massachusetts and Ohio. President Detlef Rethage says the purchase will broaden Avecia’s services for drug industry customers beyond oligonucleotide manufacturing.
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