NEWS & INSIGHT

Find out what’s new in the pharmaceutical and biotech industries and how it affects you.

August 23,
2019

PharmaBioSource Represents Micelle BioPharma on the Sale of its Soft Gel Manufacturing Assets to Strides

PharmaBioSource and PharmaBioSource Realty represented Micelle Biopharma on the sale of its soft gel manufacturing and laboratory assets and also facilitated the lease of its 73,550 SF development and manufacturing facility in Riviera Beach, Florida to Strides USA.

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News

August 1,
2019

PharmaBioSource Represents AMRI on the Sale of its Small Molecule API Manufacturing Operation in Lodi, Italy

PharmaBioSource provided exclusive marketing and consulting services to sell AMRI’s small molecule API manufacturing operation located in Lodi, Italy. The Lodi operation known as Prime European Therapeutics S.p.A. (Euticals) was acquired by LIVIA Corporate Development, which specializes in acquiring European Corporate spin-offs/carve-outs. The Lodi site is specialized for the custom synthesis and manufacture of active pharmaceutical ingredients (APIs).

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News

June 26,
2019

PharmaBioSource Realty Represents Flamma S.p.A. on the Lease of its New Small Molecule Chemical Synthesis Center in the U.S.

PharmaBioSource Realty provided exclusive real estate services to identify and negotiate the lease for the former Teva Chemical Synthesis Center in Malvern, PA located just outside of Philadelphia.  PharmaBioSource also provided start-up and logistics services to assist Flamma in occupying the 40,000 SF facility.

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June 18,
2019

PharmaBioSource Represents AMRI on the Sale of its Sterile Manufacturing Operation in León, Spain

PharmaBioSource provided exclusive marketing and consulting services to sell AMRI’s sterile injectables manufacturing operation located in León, Spain. The León operation was acquired by Lyophilization Services of New England (LSNE), which will enable it to expand its reach into Europe. The León facility includes four high-speed, automated aseptic fill lines and commercial scale lyophilization for the manufacture of clinical and commercial drug products.

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News

May 6,
2019

PharmaBioSource Meets with That’s Nice

Bill Wiederseim, President & CEO of PharmaBioSource, Inc., meets with That’s Nice to discuss the importance of setting expectations for facility and M&A transactions in the CDMO sector to ensure a smooth and successful transaction process.

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News

December 18,
2018

PharmaBioSource Realty Represents Shire on the Sale of its Milford, MA Manufacturing Site

PharmaBioSource Realty provided exclusive marketing and real estate services to sell Shire’s biologics drug substance manufacturing site located in Milford, MA.  The Milford site was acquired by Rentschler Biopharma, which will utilize the site as its U.S. contract manufacturing and development headquarters.  The transaction included a supply agreement for Rentschler to manufacture Obizur through Shire’s proprietary roller bottle process.  In addition to the acquisition of the 93,000 SF facility, Rentschler will retain approximately 100 staff employed at the site.

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News

September 28,
2018

PharmaBioSource Represents Luitpold on the Sale of its GEM 21S® Asset

PharmaBioSource exclusively represented Luitpold’s Osteohealth Division on the sale of GEM 21S® fully synthetic growth-factor enhanced matrix to treat periodontally related defects.  GEM 21S® utilizes innovative tissue engineering principles combining a highly purified bioactive protein, rhPDGF-BB, with an osteoconductive matrix, B-TCP.  GEM 21S® is a fully synthetic, sterile injectable grafting system designed to stimulate wound healing and bone regeneration.  PharmaBioSource managed the process to divest the GEM 21S® asset to potential buyers and investors, including target identification and marketing, data room development, due diligence oversight, negotiations and closing support.  The GEM 21S® asset was acquired by Lynch Biologics in September 2018.

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News

August 7,
2017

PharmaBioSource represents Shire on the sale of its Krems, Austria manufacturing facility to Merck Animal Health

MSD Animal Health, known as Merck Animal Health in the United States and Canada, today announced plans to purchase a new manufacturing facility in Krems an der Donau, Austria with the intention to expand its global vaccine manufacturing capacity. The facility, currently owned by Shire plc., was built in 2002 and will add to the company’s impressive global manufacturing capabilities.

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News

October 11,
2016

PharmaBioSource serves as Advisor for the Sale of Irvine Pharma Services and Avrio Biopharmaceuticals to Nitto Denko Avecia

Nitto Denko Avecia Inc. (Avecia), announced today it has entered into a definitive agreement to acquire the assets of Irvine Pharmaceutical Services (Irvine) and Avrio Biopharmaceuticals (Avrio), both located in Irvine, CA. Irvine is a leading analytical development services provider and Avrio is a premier cGMP parenteral contract manufacturing organization. Avecia will consolidate both businesses into the newly established company, Nitto Avecia Pharma Services.

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