Nu-Tek BioSciences signs distribution agreement with IMCD – expanding global reach in Europe and Asia Pacific

Minnetonka, Minnesota, June 4, 2024–(BUSINESS WIRE) –Nu-Tek BioSciences is an innovative manufacturer of key ingredients in cell culture media used in drug development and manufacturing. Nu-Tek has signed an agreement with IMCD to distribute its protein peptides and hydrolysates into Europe and Asia Pacific. This partnership expands Nu-Tek’s reach and continues to solidify its position as the animal-free market leader. 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.

Commenting on the recent agreement, Michal Archman, Director Agrichemicals and Biopharmaceuticals at IMCD, said: “We are delighted to embark on this collaborative journey with Nu-Tek Biosciences as our shared long-term vision and strategic alliance make us a perfect fit. We Our goal is to expand the scope of companies engaged in cell culture and precision fermentation to provide non-animal products with superior functionality. Combining our broad geographical reach and Nu-Tek’s product expertise, we firmly believe in the global potential of this.

About Nu-Tek Biosciences

Nu-Tek BioSciences is the market leader in non-animal protein peptides and hydrolysates. With its new state-of-the-art manufacturing facility, Nu-Tek is well-positioned to meet the long-term needs of global biologics. Nu-Tek uses automation to compile data on the fly, working with clients to reduce variability and increase productivity at client sites around the world.

For over fifteen years, Nu-Tek BioSciences has been developing and manufacturing proteases and protein hydrolysates for industry-leading biotechnology and pharmaceutical companies. Our product portfolio is used in 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 provides exceptional customer service and is the first choice for custom manufacturing.

About IMCD Group

IMCD Group, headquartered in Rotterdam, the Netherlands, is a leading global distribution partner and formulation manufacturer of specialty chemicals and ingredients. A strong, innovative business partner and solution provider serving consumer, industrial and durable goods manufacturers across multiple business segments: Advanced Materials, Beauty & Personal Care, Coatings & Construction, Food & Nutrition, Home, Industrial & Institutional Care, Industrial Solutions, Lubricants, and Energy & Pharmaceuticals.

We work with suppliers to offer a broad and deep product portfolio. In more than 70 application laboratories, we co-create formulations and sustainable solutions that enable our business partners to produce products that positively impact the world today and tomorrow. Our team is focused on delivering commercial and operational excellence, using the best digital and logistics tools to create a world of opportunity for our partners.

In 2023, IMCD had more than 4,700 employees and revenue of 4.443 billion euros.

IMCD NV’s shares are traded on Euronext Amsterdam (symbol: IMCD) and are included in the Dutch ESG AEX index. It is one of the 25 companies in the AEX and AMX indexes that demonstrate the best ESG practices.

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Nu-Tek Biosciences
+1 (952) 936-3610

IMCD Group
corporate communications
+31(0) 10 290 86 02

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