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Article Excerpt
BIRMINGHAM, Ala., Jan. 19 /PRNewswire/ -- Southern Research Institute today formally announced that it has launched a new for-profit company, Brookwood Pharmaceuticals, Inc., spinning out the Institute's 30-year old in-house drug delivery group which focuses on the development of time-release formulations for pharmaceuticals delivery. Brookwood Pharmaceuticals recently acquired the Ohio-based external polymer manufacturing business of Alkermes, Inc., and will operate that business as a Brookwood subsidiary called Lakeshore Biomaterials, Inc.
"Given our unique strengths, the experience and commercial expertise of our team, and our proprietary technologies, Brookwood Pharmaceuticals and Lakeshore Biomaterials...
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