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Outsourcing

Symeres acquires US organic chemistry firm Organix

by Michael McCoy
April 30, 2022 | A version of this story appeared in Volume 100, Issue 15
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A person working in a chemistry lab.
Credit: Organix
Organix operates labs in Woburn, Massachusetts.

Symeres, a Dutch contract research organization (CRO) serving the drug industry, has acquired Organix, a Massachusetts-based organic chemistry CRO with a focus on lipids. Symeres says Organix has annual sales of over $10 million and about 45 employees, most of whom are PhD chemists. Symeres says the purchase will take its annual sales to about $95 million and provide its first outpost in the US, where it generates close to half its revenues.

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