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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

American Capital to invest $391 million in the combination of Cambridge Major and AAIPharma

12:19 PM MDT | October 29, 2013 | Deepti Ramesh

Private equity firm American Capital (Bethesda, MD) says that it has committed $391 million to the combination of its portfolio company Cambridge Major Laboratories (CML; Germantown, WI) with AAIPharma Services (Wilmington, NC), a provider of analytical and formulation services that support all phases of drug development, and the related recapitalization of the business. CML is a provider of complex chemistry-based outsourcing services and active pharmaceutical ingredient (API) manufacturing services to the pharmaceutical and biotechnology industries. On 2...

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