Merck's UK affiliate Merck Sharp & Dohme will acquire the biologics business of Avecia for an undisclosed sum. Merck will acquire Avecia's assets in Billingham, UK. The deal does not include Avecia's US-based oligonucleotide business. Merck will honour Avecia's contracts and will discuss future manufacturing needs with customers after the transaction is closed. John McCubbins, senior vice president, Biologics and Therapeutic Protein Operations, Merck Manufacturing Division, said the deal provides Merck with "an operational facility staffed by an experienced workforce that is highly skilled in a broad portfolio of bioprocess systems."
Avecia
Thursday 17 December 2009
Avecia biologics business snapped up by Merck
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