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Business

PMC bests Axyntis in quest for Isochem

by Rick Mullin
December 18, 2017 | A version of this story appeared in Volume 95, Issue 49
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PMC has prevailed over Axyntis, a French manufacturer of active pharmaceutical ingredients, in its bid to acquire Isochem, the former drug chemical operation of France’s SNPE. The acquisition, for an undisclosed sum, takes a company with little experience supplying complex chemistries to the drug industry into what it perceives as a lucrative market. It follows PMC’s purchase of Yegna Manojavam Drugs & Chemicals, an Indian fluoroquinolone drug maker, in October.

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