LGC acquires Prime Synthesis, Inc., and strengthens its supply of oligo synthesis materials
18 Nov 2016
LGC, the international life sciences and measurement company, has announced that it has acquired Prime Synthesis, Inc. (PSI), the leading producer of Controlled Pore Glass (CPG) supports for oligonucleotide synthesis. Complementing LGC’s existing genomics
offering, PSI’s products are supplied to the pharma and biopharma, academic research, CMOs, medical diagnostics and biochemical reagents markets.
The combination of the PSI business with the LGC Biosearch CPG production facility in Steinach, Germany provides increased supply chain resiliency for our clients based on the manufacturing footprint in both the US and Europe. It also provides a platform for scale up of CPG production, which is important for our Pharmaceutical customers conducting late stage clinical trials with oligo therapeutic candidates.
Daren Dick, Vice President and General Manager, LGC Biosearch, Genomics division, said, “We are delighted to be integrating PSI to our genomics division. The acquisition will enable us to provide customers across the world with an extended products line, and strengthen our supply of oligo synthesis materials. “
Marc Rothstein, President, Prime Synthesis, said, “We are looking forward to joining forces with LGC and integrating our teams and expertise. Since its creation in the late 1980s, PSI has become a leading provider of CPG, a critical raw component in the genomics market. The integration with LGC will enable us to provide customers with a combined capability and provides increased supply robustness.”