CPhI 2017: C2 PHARMA acquires R&D synthesis services company and establishes cold-chain logistics spin-off
- Acquisition of ASM Research Chemicals based in Hannover (Germany) focused on R&D synthesis services
- Spin-off “Logistics4Pharma” provides GDP-compliant cold-chain logistics for APIs and pharmaceutical products
Luxembourg, October 16, 2017 – C2 PHARMA (Hall 11, Level 0, #B40), the company formerly known as Centroflora CMS, has announced the acquisition of German R&D synthesis services company ASM Research Chemicals in the run-up to the CPhI Worldwide exhibition in Frankfurt am Main, Germany on 24-26 October 2017. It has also set up a GDP-compliant cold-chain logistics company with temperature-controlled warehouse facilities in Frankfurt.
- Acquisition of ASM Research Chemicals:
C2 PHARMA has acquired ASM Research Chemicals GmbH, located in Hannover, Germany, from Deutsche Mittelstandsholding GmbH (DMH), a mid-market private equity group. By acquiring ASM Research Chemicals, C2 PHARMA adds premium chemistry lab service capabilities to its service offering, which will be showcased at the CPhI at the C2 PHARMA booth (Hall 11, Level 0, #B40).
ASM Research Chemicals is a pioneer in the synthesis of PNA (Peptide Nucleic Acid) Monomers and also provides contract manufacturing services for R&D-scale synthesis of complex organic molecules and impurities. It operates a 600 m2 chemistry laboratory in the Medical Park Hannover with a staff of 13, seven of whom are PhD chemists, and has completed more than 500 projects over the last decade. “This acquisition is in full alignment with our strategy to strengthen our chemistry expertise,” said Andrew Badrot, CEO of C2 PHARMA. “We can support our customers throughout their product life-cycle from the R&D stage with small-scale non-GMP compounds to the commercial stage with APIs.”
- Spin-off for a Pharmaceutical Cold-Chain Logistics Specialist:
C2 PHARMA has also recently established Logistics4Pharma, an independently-run Luxembourgbased cold-chain Logistics company offering a full range of air freight, land transportation and warehousing solutions adhering strictly to GDP (Good Distribution Practice) for temperature ranges of +2 to +8 deg. C, +15 to +25 deg. C as well as -15 to -25 deg. C.
Logistics4Pharma is attending CPhI at the C2 PHARMA booth (Hall 11, Level 0, #B40). This spin-off is a result of C2 PHARMA’s long experience in solving complex transportation challenges faced by the pharmaceutical industry.
With its 1000 m2 warehouse in close proximity to Frankfurt Airport and a global network of certified logistics partners, Logistics4Pharma serves air-freight customers around the world under its own IATA license. Logistics4Pharma also operates a fleet of seven validated temperature controlled vehicles, provides high quality packaging solutions and data loggers that ensure sensitive pharmaceutical goods are transported safely and reliably.