Nu-Tek BioSciences Inks Deal with IMCD for Distribution – Expands Global Reach in Europe & APAC Regions
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MINNETONKA, Minn., June 04, 2024--(BUSINESS WIRE)--Nu-Tek BioSciences is an innovative manufacturer of critical raw materials used in cell culture media for the development and manufacturing of pharmaceuticals. Nu-Tek has executed an agreement with IMCD for distribution of its peptones and hydrolysates into Europe & Asia Pacific. The partnership expands Nu-Tek’s reach and continues to solidify its position as the market leader in animal-free ingredients. As a leading global distribution partner and formulator of specialty chemicals and ingredients, IMCD enables Nu-Tek to serve local customers locally while expanding the IMCD product line.
About the recent agreement, IMCD’s Director of Agrochemicals & Biopharma, Michal Archman shared that "We are delighted to embark on this partnership journey with Nu-Tek Biosciences, as our shared long-term aspirations and strategic alignment make us the perfect fit. Together, our goal is to broaden the array of companies engaged in cell culture and precision fermentation, offering animal-origin-free products that excel in functionality. With the combination of our extensive geographical reach and Nu-Tek’s product expertise, we strongly believe in the significant global potential of this endeavour."
About Nu-Tek BioSciences
Nu-Tek BioSciences is the market leader in animal-free peptones and hydrolysates. Leveraging a greenfield state-of-the-art manufacturing facility, Nu-Tek is well positioned to serve the long-term demands of biologics across the globe. Using automation to compile data in real-time, Nu-Tek is collaborating with customers to reduce variability and increase productivity at customer sites worldwide.
For more than fifteen years, Nu-Tek BioSciences has been developing and manufacturing peptones and protein hydrolysates for industry-leading biotechnology and pharmaceutical companies. Our portfolio of products is used in a variety of applications ranging from mammalian cell culture to industrial fermentation. They are also used in the manufacture of allergen-free probiotics and other high-value nutritional products. As a solutions-based manufacturer, Nu-Tek delivers superior customer service and is the go-to option for custom manufacturing.
About IMCD Group
IMCD Group, headquartered in Rotterdam, The Netherlands is a leading global distribution partner and formulator of specialty chemicals and ingredients. A strong, innovative business partner and solutions provider for producers of consumer, industrial and durable goods in multiple business sectors: advanced materials, beauty and personal care, coatings and construction, food and nutrition, home, industrial and institutional care, industrial solutions, lubricants and energy, and pharmaceuticals.