Asia invests in latest laboratory tools for medicinal chemistry

03-May-2006

Radleys has announced sales of its parallel chemistry and laboratory reactor products have contributed to a 400% growth in its Asian business during 2004-5 and 2005-6.

Reflecting on the spectacular business growth, Mark Radley (Managing Director) commented 'In recent years a growing proportion of our traditional pharmaceutical and biotech industry customers in Europe and North America have started to relocate part of their R&D to Asia. Consequently we have increased our resource allocation to the region and have seen companies including SABIC, Nicholas Piramal, Altana, GVK, Syngene, Dr Reddys, Advinus and Torrent investing in technology such as the Carousel, GreenHouse and Lara product ranges, to enable them to either win contracts from US or European pharma/biotech companies or to develop their own R&D programs'.

Other news from the department business & finance

Most read news

More news from our other portals

Discover the latest developments in battery technology!