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AllessaChemie Enjoys Rapid Growth Trajectory, Develops Novel R&D Model

11:18 AM MDT | June 30, 2008 |

Alex Scott in Münich

AllessaChemie (Frankfurt), Europe’s largest privately owned toll manufacturer of non-GMP specialty chemicals, told CW at the recently held Chemspec Europe expo in Münich that its sales of its project-based business have grown “unbelievably,” more than doubling to €300 million ($472 million) for the fiscal year ended June 1, 2008. Allessa’s sales for the current fiscal year are set to increase by a further 35%, the company says. Allessa says it is operating at “above average profitability” but declined to provide...

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