Formosa Laboratories' Acquisition of Synchem Signals CDMO Growth in North America

Monday, 3 June 2024, 02:12
Formosa Laboratories has successfully completed the acquisition of Synchem, aiming to bolster its presence in the North American Contract Development and Manufacturing Organization (CDMO) market. This strategic move is expected to provide Formosa Laboratories with a stronger foothold in North America and enhance its capabilities in serving pharmaceutical clients. The acquisition highlights Formosa Laboratories' commitment to expanding its CDMO operations and offering comprehensive services to meet the industry's growing demands.
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Formosa Laboratories' Acquisition of Synchem Signals CDMO Growth in North America

Formosa Laboratories Acquires Synchem: A Strategic Move

Formosa Laboratories has finalized the acquisition of Synchem, a significant development in the Contract Development and Manufacturing Organization (CDMO) sector. This move underlines Formosa Laboratories' dedication to expanding its footprint in North America and meeting the needs of pharmaceutical customers.

Enhancing Industry Presence and Capabilities

The acquisition of Synchem is set to enhance Formosa Laboratories' presence and capabilities in the North American CDMO market, positioning the company for future growth and success. By integrating Synchem's resources and expertise, Formosa Laboratories aims to provide enhanced services to its clients.

Commitment to Pharmaceutical Sector

Formosa Laboratories' acquisition of Synchem underscores its commitment to the pharmaceutical sector and signifies a strategic move to better serve the industry's evolving requirements. With a focus on expansion and innovation, Formosa Laboratories is poised to deliver comprehensive CDMO solutions to its growing client base.

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