Wednesday, August 14, 2019 Daily Archives

CMOs to continue picking up Big Pharma non-core facilities

Recent facility acquisitions by Lonza and Catalent show Big Pharma is divesting its non-core assets in a trend that is set to continue, according to PharmSource. In the previous couple of months, contract manufacturing organizations (CMOs) Lonza and Catalent have both increased their production networks through facility acquisitions. Lonza’s expansion incorporates a sterile, multi-product drug product facility in Stein, Switzerland, acquired from fellow Swiss firm Novartis. Catalent, two weeks prior, added its first biologics plant outside the US through a…