Tuesday, August 23, 2011
PBS Biotech Acquires Integrity CMI
Camarillo-based PBS Biotech, a developer of bioreactors for the biotech market, said Tuesday that it has acquired Camarillo-based Integrity CMI, a medical device design and manufacturing companies. Financial terms of the deal were not disclosed. PBS Biotech said Integrity CMI has expertise in the design, assembly, testing, packaging and sterilization of medical devices and biotech products. PBS Biotech's co-founders are Dr. Brian Lee, a former bioprocess scientist from Amgen and Merck, and Dr. Gregory Zeikus, former CEO of the Michigan Biotech Institute and Professor of Michigan State University.