To continue reading this article, subscribe for FREE to
Subscribe today to keep up to date with the latest advancements and discoveries in drug development achieved by scientists in pharma, biotech, non-profit, academic, clinical, and government labs.
Add Drug Discovery News as a preferred Google source to see more of our trusted coverage.
Here are some related topics that may interest you:
LYON, France & NEWBURYPORT, Mass.—Novacap, a worldwide player in pharmaceutical synthesis and advanced specialties, announced in late June that it had completed the acquisition of PCI Synthesis. PCI Synthesis is a leading U.S. pharmaceutical contract development and manufacturing organization (CDMO) offering a wide range of services, including process research and early-stage development as well as commercial production of new chemical entities, generic active pharmaceutical ingredients and other specialty chemical products.
The combination of the two companies will provide PCI Synthesis with additional resources to continue its development while reinforcing Novacap’s global leadership in pharmaceutical synthesis with 12 cGMP sites, two main R&D centers and its comprehensive range of services and technologies dedicated to clinical development and commercial manufacturing.
“Since we started the company more than 20 years ago, we’ve continued to evolve and innovate, and by teaming with Novacap, we will continue to do so, now with access to Novacap’s deep technical expertise to better serve our customers," said Ed Price, founder and president of PCI Synthesis.
“The acquisition of PCI Synthesis perfectly fits with our strategic roadmap, as it will strengthen our offerings to the pharmaceutical industry and provide Novacap with a strong and innovative platform to accelerate our development in the U.S. We have been impressed by the outstanding achievement of PCI Synthesis over the last years and its promising pipeline of projects. The two companies operate complementary CDMO activities and share common values such as entrepreneurship, operational excellence and dedication to customer satisfaction. We look forward to working with the PCI Synthesis team,” said Pierre Luzeau, CEO of Novacap.
Discover practical strategies to improve pipetting accuracy, reproducibility, ergonomics, and instrument performance across diverse laboratory workflows.