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Cambrex Buys IEP

March 23, 2010 (FinancialWire) — Cambrex Corp. (NYSE: CBM) said it has acquired IEP GmbH, a privately held company engaged in the field of industrial biocatalysis.

Germany-based IEP offers customized biocatalytic process development and sales of enzymes to the pharmaceutical industry, with the ability to utilize its tool box of over 100 proprietary biocatalytic enzymes. IEP “bioreduction” technologies have been used in various commercialized processes.

New Jersey-based Cambrex provides products and services meant to accelerate the development and commercialization of small molecule active pharmaceutical ingredients, advanced intermediates and other products for branded and generic pharmaceuticals.

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