Since inception in 2004, ICIG
has acquired 15 businesses, all of which have origins in major global chemical or pharmaceutical corporations and are independently managed.
Sandoz Industrial Products GmbH will maintain its operations associated with the CordenPharma Group, the pharma platform of ICIG
As part of the agreement, ICIG
will enter into a five-year supply contract to provide Genzyme with materials needed for the production of eliglustat tartrate, an investigational treatment for Gaucher disease Type 1 that is currently in phase 3 clinical trials.
Meanwhile the buyer expects the Clariant detergents & intermediates business to complement its fine chemicals and custom manufacturing operations, helping it create a new detergents platform, ICIG
managing director Achim Riemann said in a comment.
Including the newly acquired Clariant businesses, ICIG
will operate 14 production facilities located in Germany, the United States, France, Belgium, Ireland and Poland with total sales of close to EU 500 million and more than 2,500 employees.
Selling the Boulder site to ICIG
will secure a reliable supplier to meet Roche's demand for commercial scale peptides and other medicinal compounds," said Dr.
, which plans to integrate Peptisyntha into its CordenPharma platform after the transaction closes, said its acquisition would bring industry-leading liquid phase synthesis capabilities and a highly skilled team.
As part of the expansion with cellular operator Etisalat, ICIG
will supply its new flexible M-Cell(TM) GSM base stations and will provide technical support for the network.
also announced today that it has been awarded a contract to install a CDMA-based WiLL network in Yemen.
is a privately-held industrial holding with focus on mid-sized chemicals and pharmaceutical businesses.
As part of the expansion with MTC, ICIG
will install its flexible InCell(TM) GSM base stations and will provide technical support for the network.
TESSENDERLO CLOSES PHARMACEUTICAL INGREDIENTS UNITS SALE TO ICIG