Frontier Scientific Acquires Bio-Serv Entomology Division.
M2 EQUITYBITES-January 21, 2015-Frontier Scientific Acquires Bio-Serv Entomology Division
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21 January 2015 - US-based specialty chemical company Frontier Scientific, Inc. has acquired the assets of the entomology division of Bio-Serv, Inc., the company said on Wednesday.
Terms of the deal were not disclosed.
The acquired unit provides insect rearing supplies and diets for agricultural research, where insect-resistant seeds, engineered crop traits and bio-friendly pest control solutions promote increased growth for agricultural-chemical research.
FSI has existing agricultural projects, including novel compounds in development and in-field tests of citrus greening disease, fungal growth and crop problems, wheat rust and fusarium wilt (in bananas) and prevention of mosquito larvae and cherry fruit flies.
The operations and assets acquired through this transaction relocate to FSI's Newark, DE (ag-division) facility, designed specifically to provide operations and production support for FSI's insect-related agricultural products.
Bio-Serv will continue operations in Newark, DE at FSI's specialised entomology facility.
Frontier Scientific is a specialty chemical developer and manufacturer of boronic acids, trifluoroborates, catalysts, porphyrins, small molecule drug discovery compounds, and custom compound synthesis for pharmaceutical and industrial applications.
ts Newark, Delaware, facility provides compound logistics and scientific personnel in-sourcing, solutions for sample management and other services for compound library curation, standardization and re-formatting, procurement, storage and distribution, and chemical analytical requirements.
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