Formosa Laboratories Completes the Acquisition of Synchem to Expand North American CDMO Footprint

Formosa Laboratories, Inc., a leading API supplier and CDMO headquartered in Taiwan, has successfully completed its acquisition of SynChem, Inc., a contract research laboratory located in suburban Chicago. SynChem will now operate under the new name SynChem-Formosa. Dr. Cheng, Chairman and President of Formosa, commented on the acquisition, stating, “This acquisition represents a pivotal advancement in Formosa’s ongoing growth within the CDMO sector. SynChem’s track record of delivering high-quality organic synthesis and process development services to numerous pharmaceutical and biotech firms, especially in areas such as ADC payloads and linkers, positions us well for future growth.”

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Source: https://www.prnewswire.com/news-releases/formosa-laboratories-completes-the-acquisition-of-synchem-to-expand-north-american-cdmo-footprint-302160495.html

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