Snapdragon Chemistry To Be Acquired by Asymchem

WALTHAM, MA (February 10, 2022) – Snapdragon Chemistry today announced its proposed acquisition by Asymchem (stock code: 002821.SZ/6821.HK), a leading CDMO serving the global pharmaceutical and biotech industry. The addition significantly expands Asymchem’s footprint in the United States, harnessing Snapdragon’s industry-leading expertise in Process development and continuous manufacturing. Snapdragon Chemistry and Asymchem will continue to expand the breadth and depth of the solutions required by the industry through organic and non-organic growth in the United States and around the world.

“I also want to recognize our incredible employees, who have always been our greatest asset and most valuable resource. Our culture of entrepreneurism and innovation has attracted the leading scientists and engineers, intent on solving some of the industry’s most complex and challenging chemistry problems..." -Snapdragon President and CEO Matthew Bio

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