Dishman buys Swiss pharma major Carbogen

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| The acquisition from Solutia Europe SA/NV is worth $75 million (inclusive of $ 9 million in working capital). The acquired pharma business service has world-class R&D facilities, in addition to free state "� of "�art productions facilities at Aarau, Bubendorf, and Neuland in Switzerland. |
| All intellectual property, patents and trademarks, customer contracts, as well as employees of the pharmaceutical services business have been included in the transaction. |
| Announcing the acquisition today, the Dishman said the acquisition will boost Dishman's contract manufacturing business from Carbogen customers. |
| The acquisition also makes Dishman as the only contract manufacturing organisation in India with high potency manufacturing capability. |
| Dishman acquired the shares and assets of Carbogen Amcis, through its wholly owned subsidiary namely Dishman Pharma Solutions ( DPS AG ) on 22nd August, 2006. |
First Published: Aug 24 2006 | 12:00 AM IST