PMC prevails in bid for Isochem | Chemical & Engineering News
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Web Date: December 6, 2017

PMC prevails in bid for Isochem

Deal is a generalist’s second pharma foray in recent weeks
Department: Business
Keywords: Outsourcing, acquisition, Isochem, PMC, France

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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