On a pharma basis, the company's key holdings are DSM Sinochem Pharmaceuticals, a producer of beta-lactams antibiotics and semi-synthetic cephalosporins, and the company's position in DPx Holdings, the privately held parent company of Patheon, DPx Fine Chemicals, and Banner Life Sciences formed from the 2014 billion transaction between JLL Partners and Royal DSM. DSM holds a 49% interest in DPx. Source: DSM