Business Services Industry
Albany Molecular Research, Inc. Completes Acquisition of EnzyMed, Inc
Business Wire, Oct 20, 1999
ALBANY, N.Y.--(BUSINESS WIRE)--Oct. 20, 1999--
Albany Molecular Research, Inc. (NASDAQ: AMRI) announced today that it has successfully completed the previously announced acquisition of EnzyMed, Inc. EnzyMed will retain its corporate identity as an independent business unit, continuing to develop and market its combinatorial biocatalysis platform for drug discovery technology as a division of AMRI.
About Albany Molecular Research, Inc.:
Albany Molecular Research is an integrated chemistry outsourcing company that offers a broad range of chemistry research and development services to pharmaceutical, biotechnology and life sciences companies involved in drug discovery and development. The company offers services traditionally provided by chemistry divisions within pharmaceutical companies, including medicinal chemistry, chemical development, analytical chemistry, and small-scale manufacturing. The company's objective is to be the leading provider of comprehensive outsourced chemistry research services to the pharmaceutical and biotechnology industries. More information about Albany Molecular Research, Inc. is available on the World Wide Web at "www.albmolecular.com".
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. The company's actual results may differ materially from such forward-looking statements. Factors which could cause such differences are discussed in the company's Annual Form 10-K for the year ended December 31, 1998 as filed with the Securities and Exchange Commission on March 31, 1999, as well as the company's other SEC filings.
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