International Flavors & Fragrances (IFF) has announced that it has entered into an agreement to sell its Pharma Solutions business to Roquette for an enterprise value of up to $2.85 billion. France-based Roquette specializes in plant-based ingredients. IFF’s Pharma Solutions business is a well- established developer and manufacturer of pharmaceutical excipients and includes its Global Specialty Solutions business, which supports industrial and methyl cellulosic food applications. The unit operates 10 resear ...