Heathfield/Camelford, UK – 28th May 2013: Pareon Chemicals Limited (“Pareon”) and Key Organics Limited (“Key Organics”) today announced that they have entered into an exclusive global supply & marketing agreement.
Pareon is a supplier of both established and exciting novel intermediates for drug design, biologically important molecules and natural products. The company is the brainchild of the internationally renowned synthetic chemist Professor Phil Parsons FRSC, with co-directors Dr. Stephen Rushton, Dr. Lee Walsh and Dr. David Bennet.
Within its BIONET brand, Key Organics offers an extensive range of over 65,000 screening compounds, intermediates, building blocks and biochemicals to the international pharmaceutical, biotechnology and agrochemical industries together with the provision of contract chemistry R&D services, process scale-up and manufacture. Key Organics has access to further commercial scale manufacturing through its sister companies within The Tennant Group.
“Both companies are embarked on a strategy to increase their range of new and exciting products and technologies such that this partnership makes good strategic sense. Key Organics has access to a global customer base within the life sciences sector and excellent customer service and compound handling infrastructure that ensures that products are dispatched on the same day. The agreement between the parties provides for the exclusive, global supply of Pareon’s products by Key Organics. In addition, both companies wish to collaborate in order to further grow their differentiated technology and service offerings within the life sciences sector.”
For more information, please contact:
Key Organics: Dr Joe Carey, Managing Director E: [email protected]
Pareon Chemicals Limited: Dr. Stephen Rushton, Director E: [email protected]
The press release is available as a PDF here.
