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Synthetech Announces Bankruptcy Court Approval of Merger With W. R. Grace Subsidiary
Date:10/18/2010

id-size pharmaceutical, contract drug synthesis, emerging and established biotechnology and medical device companies.  Synthetech also supplies catalog quantities of specialty amino acids to research institutions, universities and drug discovery firms.

About GraceGrace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide range of industrial applications; sealants and coatings for food and beverage packaging, and specialty chemicals, additives and building materials for commercial and residential construction. Founded in 1854, Grace has operations in over 40 countries. For more information, visit Grace's web site at www.grace.com.

This announcement contains forward-looking statements, that is, information related to future, not past, events, including the proposed acquisition of Synthetech by W. R. Grace & Co.-Conn.  For these statements, Synthetech claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements, including as a result of the failure to be satisfied of any closing conditions to the proposed acquisition of Synthetech, including any failure of Synthetech's shareholders to approve the transaction.  Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. Synthetech undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this announcement, or to update them to reflect events or circumstances occurring after the date of this announcement.

Additional InformationIn connection with the proposed merger, Synthetech, Inc. ("Synthetech") will file with the Sec
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SOURCE Synthetech, Inc.
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