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Isochem Peptides Unit is Acquired

2:54 PM MST | December 12, 2007 | Chemical Week Editorial Staff

PolyPeptide Laboratories Group (Hillerød, Denmark) has acquired peptides business NeoMPS from Isochem for an undisclosed amount. NeoMPS has sales of €14.5 million/year ($21 million) and has production at Strasbourg, France and San Diego. Capacity of the Strasbourg plant is being doubled under a €9.5-million investment announced earlier this year. Isochem is the fine chemicals subsidiary of SNPE (Paris). PolyPeptide Laboratories supplies custom and generic GMP-grade peptides for a range of pharmaceutical and biotechnology applications. The company...

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