IHS Chemical Week

Chemical Week Magazine :: Pharmaceuticals & Fine Chemicals

Otsuka Chemical to Buy American Peptide

10:36 AM MDT | August 18, 2008 | Deepti Ramesh

Otsuka Chemical Co. (Osaka) has agreed to acquire Ito Life Sciences, parent company of American Peptide (Sunnyvale, CA), from Itoham Foods (Nishinomiya, Japan), American Peptide says. Financial terms were not disclosed, and the deal is set to close on September 1. Otsuka Chemical develops industrial chemicals, pharmaceuticals, and agchems. The company has a presence in Brazil, China, India, Indonesia, Japan, Korea, Spain, and the U.S. American Peptide manufactures peptides and peptide conjugates and offers pre-manufactured catalog peptides, custom synthesis, and...

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