Evonik Agrees to Buy SurModics Pharmaceuticals
Following the acquisition of the Resomer business from Boehringer Ingelheim in March, Evonik is now strengthening its formulation services business for pharmaceutical applications and further developing its healthcare business.
Germany's specialist chemicals manufacturer Evonik Industries has agreed to buy the pharmaceuticals business of US-based SurModics.
Following the acquisition of the Resomer business from Boehringer Ingelheim in March, Evonik is now strengthening its formulation services business for pharmaceutical applications and further developing its healthcare business.
SurModics Pharmaceuticals specialises in injectable drug delivery systems. The business includes a cGMP development and manufacturing facility for polymers and drug delivery systems in Birmingham, Alabama, US.
With its pharma polymers product line, Evonik is a leading developer and producer of functional pharmaceutical excip
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