Saturday, March 3, 2012

Accentia buys contract firm biovest. (Pharmaceuticals & Fine Chemicals).(Brief Article)

Specialty pharmaceuticals firm Accentia (Tampa, FL) has acquired an 81% controlling stake in bidpharma developer and contract manufacturer Biovest (Minneapolis) for $20 million in cash and notes. Biovest specializes in contract manufacturing of biologics, including protein therapeutics, monoclonal antibodies, cytokines, and cell amplification technologies.' Biovest's patented production technology, a hollow-fiber bioreactor, isa cost-effective route for …

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