PII (Pharmaceutics International, Inc.) has acquired Pharmaterials Ltd., a preformulation and formulation development company based in Reading, UK. The acquisition extends PII’s business development initiatives and service offerings. Steve King, senior vice president of PII, stated, “PII offers a very wide range of cGMP production and formulation development services which have been expanded through alliances in drug delivery ventures. This acquisition of Pharmaterials will enab...