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Last Updated Saturday, July 26 2014
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CordenPharma Transfers Assets to Chemie Uetikon



By Kristin Brooks



Published February 21, 2014
CordenPharma Switzerland LLC, an API manufacturing facility in Liestal, has transferred its Amino Acid Building Blocks product portfolio to CU Chemie Uetikon GmbH, based in Lahr, Germany. Following the transfer, CordenPharma will focus on growing its core peptide synthesis and specialized ingredient manufacturing capabilities, including carbohydrates and synthetic lipids.
 
CordenPharma identified Chemie Uetikon as an ideal partner for larger scale manufacturing of amino acid building blocks, and Chemie will take over the Amino Acid business and market them to clients globally. CordenPharma will continue to manufacture and market Pseudoproline Building Blocks using its technology.
 
Dr. Juerg Burger, CordenPharma Switzerland’s chief executive officer commented, “CordenPharma is developing as a company and peptides are a key area for three of its API manufacturing facilities — CordenPharma Switzerland, CordenPharma Colorado (Boulder, CO, USA) and Peptisyntha (Brussels, BE). We are excited to have Chemie Uetikon as an established and highly motivated supplier for the company.”
 
Thomas Seeler, Chemie Uetikon's chief financial officer and chief operating officer, said, "Uetikon has been a hidden champion of Amino Acid Building Block manufacturing up to now."
 
Dr. Stefan Peterli, chief executive officer at Chemie Uetikon added, "We are looking forward to serving customers globally with Amino Acid Building Blocks of non-animal, non-human grade, made in Germany."


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