Sale of Sterile Fill / Finish & Topical Liquids & CreamsManufacturing & PackagingFacility in New Jersey for $27M
PharmaBioSource Realty provided real estate services to Teligent on the divestment of its 110,000 SF Buena, New Jersey topical liquids / creams and sterile fill / finish manufacturing facility to Leiters for $27M.
- Service: Real Estate
- Sector: Pharmaceuticals
- Sub-sector: Generic Topical Liquids / Creams and Sterile Injectables
- Engagement Type: Sell Side
PharmaBioSource Realty provided exclusive life sciences real estate services to divest Teligent’s topical liquids and creams development and manufacturing facility which also housed a brand new sterile injectable filling suite. Teligent was involved in a bankruptcy sale of its Canadian business and U.S. ANDA assets as well. The Buena, New Jersey site was acquired by Leiters to expand its 503B compounding capacity.
PharmaBioSource’s services included a benchmark valuation, buyer target identification, creation of the confidential information memorandum (CIM), data room development and due diligence support.