FLOW CHEMISTRY MARKET ANALYSIS

Market News

Key development

• In May 2021 Lonza (Switzerland), an manufacture has partnered with Codexis (USA), a partnership with Codexis, a renowned enzyme engineering company, to develop and commercialize flow chemistry-based enzymatic methods for the synthesis of pharmaceutical intermediates and APIs.
• In March 2021 Thermo Fisher Scientific (US) announced the acquisition of Qiagen N.V., (Netherlands) significant supplier of sample and assay technology for academic research, application testing, and molecular diagnostics. Thermo Fisher Scientific's position in the quickly growing molecular diagnostics industry will be improved by the acquisition.
• In August 2021 Lonza (Switzerland) announced the acquisition of Parchem Fine & Specialty Chemicals (USA), a leading supplier of specialized production services and specialty chemicals. The acquisition is a part of Lonza's strategy to increase the variety of specialty chemicals it offers and to use its expertise in flow chemistry technology to provide clients with more efficient and customized solutions. Environmentally sound alternatives.
• In October 2020, PerkinElmer (US) agreed to provide flow chemistry and other automation solutions to the UK-based Medicines Manufacturing Innovation Center (UK) for the research and production of small molecules and bio therapeutics.
• In 2020, August, Chelsea technologies group acquired J+S Ltd., a U.K.-based manufacturer of sensors and tools for the security, environmental, and marine industries. The goal of the acquisition was to increase Chelsea technologies group's capabilities in the environmental monitoring and marine industries.
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