DSM Sells Majority Stake in TCG

DSM Sells Majority Stake in TCG

Author: ChemistryViews

Royal DSM has sold a majority shareholding in TCG B.V. to MocoLabs, Inc. DSM will remain involved in TCG as a minority shareholder through DSM Venturing.

TCG develops and markets e-communicative packaging solutions that help people manage their own health. This includes the OtCM™ system which measures and monitors patient therapy compliance while interacting wirelessly with home diagnostic devices to correlate compliance with drug therapy.

TCG B.V. has changed its name to Qolpac B.V., which is short for Quality of life improving packaging and has moved from Urmond to Enschede. Qolpac has created two programs: HealtheNess and OtCM™. Whereas the HealtheNess program has its focus in the consumer and retail branch, OtCM™ will focus more on the pharma industry as well as the clinical research organizations.

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