West Pharmaceutical Services Acquires Monarch Analytical Laboratories.LIONVILLE, Pa. -- Combined Laboratory Offers Comprehensive Analytical Testing and Qualifying Services for Pharmaceutical Packaging and Delivery Systems West Pharmaceutical Services, Inc. (NYSE NYSE See: New York Stock Exchange : WST WST In currencies, this is the abbreviation for the Samoan Tala. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) today announced its acquisition of Monarch Analytical Laboratories, Inc. of Maumee, Ohio ? Maumee is a city in Lucas County, Ohio, United States. It is a suburb of Toledo along the Maumee River. The population was 15,237 at the 2000 census. Maumee was also declared an All-America City by the National Civic League in June of 2006. . Monarch had 2004 sales of approximately $3.0 million and West is acquiring all of the outstanding stock of Monarch Analytical Laboratories in exchange for cash, assumed liabilities and West shares totaling $5.6 million. Monarch provides some of the largest U.S. pharmaceutical and medical device companies with a variety of analytical testing services from its facility, just outside of Toledo, Ohio
WEST MONARCH Analytical Laboratories will offer a comprehensive menu of sophisticated analytical testing services for glass, plastics and elastomer elastomer (ĭlăs`təmər), substance having to some extent the elastic properties of natural rubber. The term is sometimes used technically to distinguish synthetic rubbers and rubberlike plastics from natural rubber. packaging components to help global pharmaceutical manufacturers meet worldwide container/closure and packaging regulatory guidelines. Monarch's extensive capabilities and experience in glass and plastics testing will complement West's extensive portfolio of services, most significantly, extractable and leachable testing for elastomer components, which West manufactures and represents its largest product group. Clients will benefit from the combined resources and capabilities. "Monarch Analytical Laboratories represents an excellent strategic fit that enables West to provide our customers with a broader range of analytical testing services," said Herbert L. Hugill, President of the Americas Region, West Pharmaceutical Services. "Monarch's expertise and experience in testing nasal and inhalation devices brings added strengths to West's current portfolio of services. Together, we can better assist our pharmaceutical clients to develop data that is critical to their product-related regulatory submissions. They, in turn, can focus their resources on discovering and developing new drugs, biologics and medical devices." ABOUT WEST PHARMACEUTICAL SERVICES West Pharmaceutical Services, Inc. is the world's premier manufacturer of standard-setting components and systems for injectable in·ject·a·ble adj. Capable of being injected. Used of a drug. n. A drug or medicine that can be injected. drug delivery. The company's products include stoppers stoppers see stopper pad. and seals for vials, multi-piece tamper-resistant plastic closures and disposable components used in syringe, IV and blood collection systems. West's global customer base includes the world's leading manufacturers of pharmaceuticals, biologics and medical devices. Millions of West products are used by people around the world every day in the delivery of healthcare, with additional applications in personal care and food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. . Internationally headquartered in Lionville, Pennsylvania, West employs 4,000 employees and supports its partners and customers from 50 locations throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America, Europe, Mexico, Japan, Asia and Australia. For more information, visit West at www.westpharma.com. |
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