Parchem – fine & specialty chemicals, a leading global multi-industry supplier of specialty raw materials, has formed a strategic alliance as an authorized distributor for Wilshire Technologies. Wilshire Technologies offers a specialized niche of high quality synthetic and natural products selected to serve kilo-lab, pilot-scale, and commercial development requirements of the cosmetics and specialty chemical industries. Wilshire’s product and service offerings include phytochemical platforms, mono- & bi-functional monomers, adjuvant chemicals, cell media components & buffers, custom peptide syntheses, and specialty chemical intermediates. The alliance between Parchem and Wilshire Technologies is ideal for both companies due to their expertise in related industries and use of innovative technology to deliver stellar products and customer service. Additionally, the alignment of the two companies’ focus is parallel; both are vested in the rapidly growing demand for high quality products in the pharmaceutical, cosmetic, and specialty chemical industries.
Parchem CEO Ephraim Rabin said “We are excited about the new partnership with Wilshire Technologies. This alliance will strengthen and enhance both Parchem’s and Wilshire’s presence in the pharmaceutical, cosmetic, and specialty chemical industries as well as in custom synthesis and contract manufacturing. The two companies aligning now to leverage each other’s expertise is timely given the extraordinary growth in our shared target markets.”
Joe San Filippo, Ph.D, Director of Business Development for Wilshire Technologies, noted “The strategic partnership between Parchem & Wilshire is a natural fit. Both companies are growing exponentially and the business philosophies and industry focuses are aligned. We are elated about the union and look forward to the explosive growth on both sides.”
