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New York, NY -- (SBWIRE) -- 01/22/2013 -- Albany Molecular Research, Inc. (NASDAQ:AMRI) is a contract research and manufacturing company. The Company provides customers with fully integrated drug discovery, development and manufacturing services. The Company operates in two segments: Large Scale Manufacturing (LSM) and Discovery, Drug Development and Small Scale Manufacturing (DDS). Its LSM segment activities include pilot to commercial scale production of active pharmaceutical ingredients and intermediates, sterile syringe and vial filling and high potency and controlled substance manufacturing and its remaining activities, including drug lead discovery, optimization, drug development, and small scale commercial manufacturing represent its DDS business segment.
AMRI supplies a range of services and technologies that support the discovery and development of pharmaceutical products and the manufacturing of active pharmaceutical ingredients (API) and drug product for existing and experimental new drugs.
Albany Molecular Research Inc. (NASDAQ:AMRI) 8.2% LOWER; saw a massive volume move earlier. About 98,000 shares clicked down through the $5 level just after 10:00am EST today, grabbing traders attention in the process. Shares are just coming off of a recent 52-week high.
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