Formosa Laboratories Acquires SynChem to Expand North American CDMO Footprint
June 3, 2024
Formosa Laboratories, Inc., a Taiwan-based API supplier and CDMO, has completed its acquisition of SynChem, Inc., a contract research laboratory in suburban Chicago. SynChem will operate as SynChem-Formosa with Dr. W. Paul Mar remaining as CEO as the combined operations expand Formosa's US CDMO capabilities for small-molecule APIs and ADC-related chemistries.
- Buyers
- Formosa Laboratories, Inc.
- Targets
- SynChem, Inc.
- Industry
- Pharmaceuticals
- Location
- Illinois, United States
- Transaction Type
- Buyout
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