Breaking News

Ricerca Plans To Acquire MDS Pharma Services Business

Ricerca Biosciences has executed a purchase agreement to acquire the Discovery and Preclinical business of MDS Pharma Services with facilities in Bothell, WA, Lyon, France and Taipei, Taiwan.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Ricerca Biosciences has executed a purchase agreement to acquire the Discovery and Preclinical business of MDS Pharma Services with facilities in Bothell, WA, Lyon, France and Taipei, Taiwan. Ricerca’s headquarters will remain in Concord, OH. The purchase price, according to an MDSstatement, is $45 million and certain minority equity interests. The $45 million includes a five-year, $25 million note and $20 million in cash that will be adjusted for working capital and other items. Ricerca ...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters