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Albany Molecular Research, Inc. Opens New Facilities in Singapore and India.


ALBANY, N.Y. -- Albany Molecular Research, Inc. (Nasdaq: AMRI AMRI Albany Molecular Research (stock symbol)
AMRI Advanced Magnetic Research Institute (Mocksville, NC)
AMRI Advanced Materials Research Institute
AMRI Adult Movie Review Index
) today announced that its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Albany Molecular Research Singapore Research Centre, Pte. Ltd. (AMRSRC), has moved into permanent laboratory facilities in Singapore that provide room for significant growth. Earlier this year, the company established AMRSRC in temporary facilities while the new laboratories were under construction. New facilities are now also operational in Hyderabad, India.

In Singapore, AMRI's new state-of-the-art 16,000 square foot facility is located in Science Park III, near the Biopolis, a major biomedical research Biomedical research (or experimental medicine), in general simply known as medical research, is the basic research or applied research conducted to aid the body of knowledge in the field of medicine.  hub. The facility can currently accommodate over 50 scientists. Capabilities there include medicinal chemistry Medicinal or pharmaceutical chemistry is a scientific discipline at the intersection of chemistry and pharmacology involved with designing, synthesizing and developing pharmaceutical drugs.  support, custom synthesis of building blocks and scaffolds, as well as non-GMP scale up. AMRI has an additional 29,000 square feet of space in Singapore at this facility and currently plans to add laboratories for cGMP synthesis and analytical chemistry analytical chemistry: see under chemistry. , as well as additional facilities for chemical synthesis In chemistry, chemical synthesis is purposeful execution of chemical reactions in order to get a product, or several products. This happens by physical and chemical manipulations usually involving one or more reactions. .

The company also announced that it has opened its first laboratory in India. Albany Molecular Research Hyderabad Research Centre, Pvt. Ltd. (AMRHRC), a wholly owned subsidiary of the company, is located in the ICICI ICICI Industrial Credit and Investment Corporation of India  Knowledge Park near Hyderabad. The newly constructed laboratory holds up to 12 scientists and is being used for custom synthesis of scaffolds and building blocks, as well as preparation of reference standards. A second laboratory for preparing up to kilogram quantities of pharmaceutical intermediates, starting materials and other compounds is currently under construction and expected to be operational by early next year. Together, the two laboratories in India are anticipated to accommodate up to 30 scientists.

"The move into our permanent home in Singapore, and the opening of our first laboratory in India mark two more milestones in AMRI's history," said Chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and President Thomas E. D'Ambra, Ph.D. "Our worldwide chemistry services platform has enhanced our ability to provide customers with a flexible range of services and competitive cost models. Customer response to our flexible mix of global and U.S.-based resources has been overwhelmingly positive. As we approach 2006, we look forward to further expansions in Singapore and India and the continued success of our global chemistry platform."

AMRI's Singapore operations are being led by Polivina Jolicia F. Gauuan, Ph.D., who joined the company in 1995 after completing her Ph.D. in organic chemistry at the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state.  at Albany. She relocated to Singapore, along with three other U.S.-based scientists, to form the site management team. AMRSRC currently has nineteen employees, including fifteen scientists.

"The support and encouragement we have received from the Singapore government and the Biomedical Sciences Group of the Economic Development Board has been vital to the success of our Phase I project," added D'Ambra. "I would like to take the opportunity to thank them for their efforts and congratulate them for their vision and forward thinking. Singapore has a business supportive culture."

AMRI's operations in India are led by Rajesh Shenoy, Ph.D., who joined AMRI in 1998. Dr. Shenoy earned his Ph.D. at the University of Akron Enrollment in fall 2006 was 23,539 students.[1] The school offers more than 200 undergraduate degrees [2] and 100 graduate degrees [3]. The University's best-known program is its College of Polymer Science and Polymer Engineering, which is located in a  and conducted postdoctoral research at Kent State University. He relocated to India, along with two other U.S.-based scientists, to form the site management team. AMRHRC currently has ten employees, including eight scientists.

Albany Molecular Research, Inc. is a global drug discovery company that provides chemistry services to pharmaceutical and biotechnology companies Top 100 Biotechnology Companies
The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies.
 and conducts its own proprietary R&D programs.

Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 that involve risks and uncertainties. These statements may be identified by forward-looking words such as "may," "could," "should," "would," "will," "intend," "expect," "anticipate," "believe" and "continue" or similar words and include, but are not limited to, statements by AMRI's Chairman, CEO and President and statements concerning the company's plans for the expansion of its India and Singapore facilities, anticipated future capacity at such facilities and the performance of the company's global chemistry platform. Readers should not place undue reliance on our forward-looking statements. The company's actual results may differ materially from such forward-looking statements as a result of numerous factors, some of which the company may not be able to predict and may not be within the company's control. Factors that could cause such differences include, but are not limited to the company's ability to attract and retain experienced scientists, trends in pharmaceutical and biotechnology companies outsourcing of chemical research and development, including continued softness in these markets, the company's ability to enforce its intellectual property and technology rights, the risks posed by international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee.  to the company, and the company's ability to effectively manage its growth as well as those factors discussed in the company's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 2004 as filed with the Securities and Exchange Commission on March 16, 2005 and the company's other SEC filings. The company does not undertake any duty to and does not intend to update any forward-looking statements contained in this press release after the date of this press release.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Geographic Code:1USA
Date:Nov 1, 2005
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