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Alliance Formed Between zuChem and Austin Chemical Company


12/9/2008 2:30:20 PM

Chicago, Illinois. December 9, 2008. zuChem Inc. and Austin Chemical Company, Inc. announced today that they have formed an alliance for Austin Chemical to market and sell zuChem-produced rare sugars produced under its zuCarb™ product line worldwide. Under the terms of the alliance, Austin will represent both zuChem’s product and custom synthesis service offerings to the fine chemicals and pharmaceuticals industry.

“We are very excited to have Austin as our sales and marketing partner,” commented David Demirjian, Ph.D. zuChem’s CEO. “Austin’s reputation and its long history of success in the fine chemicals and pharmaceutical market will have a significant impact in expanding the customer base for our rare sugar products .”

“zuChem’s rare sugar products such as L-ribose and others are a great fit for our portfolio and are in growing demand by pharmaceutical companies. zuChem has developed breakthrough cost effective processes that give these products a significant competitive price advantage and we look forward to working with zuChem to make these products more widely available,” said Samuel M. Ponticelli, Chairman & CEO of Austin Chemical.

Austin will be exhibiting at INFORMEX in San Francisco January 27th - 30th, 2009 where it will be introducing new additions to zuChem’s 2009 zuCarb™ product line.

About Austin Chemical Company Inc.

Austin Chemical is a leading information, services, and products provider to the health sciences and specialty fine chemicals industries. Austin Chemical’s service products such as sales and marketing, sourcing and procurement, logistics support, distribution, and market investigation have been created to support its suppliers’ and customers’ needs as an asset extension. The company is based in Buffalo Grove, Illinois. For more information on products and services offered by Austin, including the zuCarb™ product line, please email info@austinchemical.com or call (847) 520-9600.

About zuChem Inc.

zuChem focuses on commercializing innovative manufacturing processes for unique glycochemicals (varieties of specialized sugars) for the food, fine chemicals and pharmaceutical intermediates industries. Glycochemicals are key components of many drugs and drug candidates as well as many specialty food ingredients. The company is based in Chicago, Illinois and has research operations in Peoria, Illinois. For more information on zuChem’s rare sugar manufacturing processes and the availability of other specialty chemicals, please email info@zuchem.com or call (312) 997-2150.


Read at BioSpace.com

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