Agilent Technologies acquires manufacturer of synthetic nucleic acids for pharmaceutical and biotech industries

Acquisition addresses rapidly growing RNA synthesis market

19-Apr-2006

Agilent Technologies Inc. announced that it has acquired privately held SynPro Corp., the owner of a contract manufacturing facility established to supply active pharmaceutical ingredients and provide related services. Financial details were not disclosed.

Based in Boulder, Colo., the facility manufactures short synthetic DNA and RNA molecules that are becoming more important to the pharmaceutical and biotech industries as components of drugs for use in clinical trials. Emerging biopharmaceutical companies engaged in drug development will increasingly need to rely upon the technical expertise and operating sophistication of their vendors for successful commercialization of complex components. The acquisition will enable Agilent to offer an array of value-added services, including development of analytical methods and processes, stability studies, quality control, and regulatory support.

"Agilent has identified RNA synthesis as an excellent growth opportunity," said John Eaton, Agilent vice president, Corporate Development. "Acquiring SynPro is a strategic move for us. We are gaining first-rate manufacturing capabilities and deep expertise that will open the door for Agilent to an exciting new market."

Other news from the department business & finance

Most read news

More news from our other portals

Discover the latest developments in battery technology!

See the theme worlds for related content

Topic world Synthesis

Chemical synthesis is at the heart of modern chemistry and enables the targeted production of molecules with specific properties. By combining starting materials in defined reaction conditions, chemists can create a wide range of compounds, from simple molecules to complex active ingredients.

15+ products
4 whitepaper
15+ brochures
View topic world

Topic world Synthesis

Chemical synthesis is at the heart of modern chemistry and enables the targeted production of molecules with specific properties. By combining starting materials in defined reaction conditions, chemists can create a wide range of compounds, from simple molecules to complex active ingredients.

15+ products
4 whitepaper
15+ brochures