Chiral Quest announces opening of new operations facility

In the Princeton/NJ area Chiral Quest intends to enlarge production of catalysts and larger scale chiral phosphines

12-Jun-2003

Chiral Quest, Inc. today announced the grand opening of its new laboratory and office facilities in the Princeton, NJ area. The combined functions of the New Jersey site will complement existing Chiral Quest research operations, located near the laboratory of Chief Technology Officer Professor Xumu Zhang in State College, PA. Nobel Laureate Professor K. Barry Sharpless, Chairman of the Scientific Advisory Board, as well as members of the international pharmaceutical, academic and investment communities are due to attend the opening reception.

The 5000 square foot process chemistry and R & D facility is fully equipped with a kilo laboratory (up to 50-liter reactors) and the latest analytical instrumentation in order to offer enhanced production capacity and services to clients. Importantly, the Company has also added an experienced process chemistry team that will be operating out of the Princeton facility. Key objectives of the NJ site include development and production of larger scale chiral phosphines and catalysts, synthesis of important chiral building blocks and other chiral targets of commercial interest, as well as providing additional infrastructure for business development and administrative functions. The strategic location of the NJ facility brings Chiral Quest even closer to many pharmaceutical, biotechnology and fine chemical clients in the Tri-state area as well as to important academic research centers.

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