NEW YORK (GenomeWeb News) – Sigma-Aldrich announced after the close of the market on Monday that it has acquired high purity biochemicals firm Research Organics for an undisclosed amount.
Founded in 1953 and based in Cleveland, Research Organics supplies biochemicals for use in molecular biology, diagnostics, cell culture, pharmaceuticals, biopharmaceuticals, life sciences, and biotechnology. Its portfolio includes biological buffers, molecular biology grade products, reagent biochemicals, and other products.
The deal, Sigma-Aldrich said, is expected to expand that firm's buffer production capacity and increase the size of its portfolio of PharmaGrade raw materials for the diagnostics and biopharmaceuticals markets.
Research Organics will be folded into SAFC, the custom manufacturing and services business unit of Sigma-Aldrich, which said the deal is anticipated to be neutral to earnings per share in 2012.