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Universal Display Acquires CRO Adesis

Together will expand businesses across end-markets including pharma, biotech and catalysis

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Universal Display Corporation has acquired Adesis, a contract research organization (CRO) with 43 employees specializing in organic and organometallic synthetic research, development and commercialization, for $36 million. Adesis is a critical technology vendor to companies in the pharmaceutical, fine chemical, biomaterials, and catalyst industries, and has worked with Universal Display over the last few years to help advance and accelerate a number of Universal Display’s product offerings. “...

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