Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Lonza Completes Acquisition of U.S. Software Firm
12:20 AM MDT | May 20, 2010 | Deepti Ramesh
Lonza says it has completed the previously announced acquisition of software company MODA Technology Partners (Wayne, PA). Financial details of the deal were not disclosed. MODA technology provides paperless, quality control solutions for regulated, manufacturing processes, and through the acquisition, Lonza will expand its rapid testing solutions, informatics platform in existing markets such as pharmaceuticals, and it allows entry into new market segments, Lonza says. The same user benefits that MODA technology provides can be applied to clinical trials...
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