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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Novozymes to buy Canadian Firm

12:05 PM MST | November 9, 2007 | Chemical Week Editorial Staff

Novozymes says it has agreed to acquire Philom Bios (Saskatoon, SK), a manufacturer of proprietary microbial inoculants for the agricultural industry, for approximately C$25.6 million ($26.7 million). Philom has annual sales of about C$12.4 million. The deal is expected to close in...

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