Web Date: December 6, 2017
PMC prevails in bid for Isochem
PMC Group, a diversified U.S. firm with several weeks’ experience owning a pharmaceutical chemicals company, has prevailed over Axyntis, a well-established 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 is perceived as a lucrative market. It follows closely PMC’s purchase of YM . . .
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