1. Array BioPharma sells Longmont facility to Minnesota firm

    Array BioPharma sells Longmont facility to Minnesota firm

    Boulder drug research company Array BioPharma Inc. said it's sold its chemistry, manufacturing and controls (CMC) business in Longmont to Accuratus Lab Services of Minnesota for an undisclosed price. The 50,000-square-foot Longmont facility employs 33 former Array BioPharma workers and the location will now be known as Avista Pharma Solutions. The all-cash deal closed on Monday. Accuratus was formed in July 2014 when ATS Labs of Eagan, Minn. acquired Microtest Labs of Agawam, Mass.

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    1. We are pleased to complete the sale of our CMC operation, which we believe has tremendous growth potential as part of a high quality, independent CDMO (contract development and manufacturing organization) business such as Accuratus.
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