Friday, May 26, 2023

eMolecules Buys Specs Compound Handling B.V.

San Diego-based chemical compound sourcing provider eMolecules said on Thursday that it has acquired Specs Compound Handling B.V., a provider of chemical compound management services to the life sciences industry. Financial details of the acquisition were not announced. The deal was supported by current eMolecules investor Avista Capital Partners, a private equity investor. The company said Specs Compound Handling B.V. specifically serves the European pharmaceutical, biotechnology and academic sectors. eMolecules is led by CEO and President Dr. Niko Gubernator.