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Siegfried Merges API and Formulation Divisions
6:03 AM MST | February 3, 2010 | Alex Scott
Siegfried (Zofingen, Switzerland), a mid-size fine chemicals group, says from March 1 it will replace its two-division structure featuring active pharmaceutical ingredients (API), and final dosage formulations, with a single division structure. The company says from now it will increasingly market its two core capabilities, namely the development and production of API, and finished dosage forms, into a “single package.” Details about projected financial benefits resulting from the restructure have not been disclosed. The new structure is a...
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