Asymchem Laboratories announced that it inaugurated its new European development and pilot manufacturing site in the UK. Teda Tianjin, China-based Asymchem hosted a ribbon cutting ceremony, led by Dr. Hao Hong, the company’s chair, founder and CEO. The site, located at Discovery Park in Sandwich, Kent, used to serve as a Pfizer small molecule facility.…
Asymchem scoops up Snapdragon Chemistry
The CDMO Asymchem Laboratories (Tianjin, China) Co., Ltd. has entered into an agreement to acquire Snapdragon Chemistry, a US-based chemical technology company. Asymchem will pay $57.94 million to acquire Snapdragon, which focuses on early-stage chemical process development services for the pharma and fine chemicals industries. “We believe continuous flow manufacturing is a revolutionary technology and…