India's CMO Ipca Acquires UK's Onyx Scientific
Ipca said its UK subsidiary has acquired Onyx Research Chemicals, the holding company of Onyx Scientific Ltd, a contract manufacturing organisation.
Mumbai-based Ipca Laboratories has acquired UK's Onyx Scientific for around ￡4.6m (US$7.5m).
Ipca, a contract manufacturing organisation that produces finished dosage forms and active pharmaceutical ingredients, has operations in more than 110 countries. Exports account for nearly 55% of revenue.
Onyx Scientific will continue to operate out of its Silverbriar, Sunderland plant, which offers custom synthesis, solid-state chemistry, scale-up and cGMP manufacturing up to a few kilograms.
Ipca India provides contract manufacturing services through its Covenance business division. Onyx Scientific’s capabilities in chemistry services for medicinal, preclinical and Ph
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