Cancer Vaccines

Sigma-Aldrich Acquires Molecular Medicine BioServices to Expand SAFC Pharma Capabilities

Published in Clinical Oncology Week, May 21st, 2007

(NASDAQ:SIAL) Sigma-Aldrich Corporation announced that it has acquired Molecular Medicine BioServices Inc. (MMB), a biopharmaceutical contract manufacturing organization (CMO) located in Carlsbad, California, to further enhance the biologics capabilities within its SAFC Pharma business segment.

With $12 million in annualized revenues, the acquisition of MMB is expected to help Sigma-Aldrich achieve its growth goals in key high technology markets over the next several years and will be neutral to earnings in 2007 with no significant initial charges. Terms of the purchase, which were not disclosed, were paid in cash.

David Backer, President of MMB, an...

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Source: Clinical Oncology Week (2007-05-21)

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