NextPharma to acquire Norway manufacturing site from Takeda
.png)
Biopharmaceutical company Takeda and CDMO NextPharma have announced an acquisition agreement in which Takeda will divest from their Asker, Norway manufacturing site, set to be acquired by NextPharma.
Takeda and NextPharma have entered into an agreement for the acquisition of Takeda’s manufacturing site in Asker, Norway as part of a divestment strategy for Takeda and third party manufacturing capabilities to NextPharma.
The transaction is expected to be complete by March 2023 and will transfer Takeda’s approximately 170 manufacturing employees to NextPharma. As a pharmaceutical CDMO, NextPharma specialises in solids, semi-solids and non-sterile and sterile liquids, providing services for development, clinical supplies, and commercial manufacturing, among others. Speciailised CDMO services in oral and topical finished dosage forms are offered to their global pharmaceutical base. The acquisition comes as part of NextPharma’s plan to provide existing customers service delivery ad broadening the technology on offer for chewable tablets. Takeda’s divestment from its Asker manufacturing site comes as part of a shift towards its core therapeutic areas, including rare diseases, gastroenterology, neuroscience, oncology, and plasma-derived therapies and vaccines. The Asker site, acquired by Takeda in 2011, offers a portfolio of strengths and flavours of calcium and vitamin D3 chewable tablets.
Senior VP, Head of Small Molecules Operating Unit Eduardo Montanha at Takeda commented: “We are pleased to announce the divestment of the Asker plant to NextPharma to who all of our existing Asker employees will transfer. In NextPharma, we believe we have found the most suitable owner for the site, offering a great fit for our Asker facility and team. We sincerely than the team in Asker for its work and dedication in the past years and always putting our customers and patients in the centre of what we do.”
Peter Burema, CEO of NextPharma, added: “We are excited at the prospect of adding a world-class manufacturing site and new centre of excellence for chewable tablets to our operational network, allowing us to further broaden our technology offering for both existing and new customers. These technologies, combined with the know-how and expertise of the site’s employees, would continue to benefit patients across the world. On behalf of NextPharma, I look forward to welcoming our future colleagues and I am confident that together, we will continue to further develop and grow NextPharma as a leading and well-respected European CDMO.”
Related News
-
News Ardena forms partnership with RiboPro to improve mRNA-based therapies
Ardena and RiboPro have formed an alliance to boost their respective skills in manufacturing and producing nanoparticle and mRNA-based therapeutics to improve accessibility to this technology in the biotherapeutic landscape. -
News Updated: Samsung Biologics to manufacture Pfizer's biosimilars products
Samsung Biologics agrees to use their biocampus Plant 4 for the manufacture of a line of products from Pfizer. -
News EU Medical Devices Regulation causes unintended disappearances of medical devices for children, doctors state
Doctor groups and associations have appealed to the EU to correct the EU Medical Devices Regulation law that may cause unintended shortages of essential drug and medical devices for children and rare disease patients. -
News 10 Major Drug Approvals So Far in 2023
Last year, 37 novel drugs were approved by the FDA, this was a high number for such a category, and covered many fields including oncology, demonstrating how promising further research is, and how it is only continuing to build. To date, there are alre... -
News Soft capsule technology: modified pea starch as a vegetal origin alternative to gelatin in capsule shell
The latest soft capsule technology from Roquette using modified pea starch as an alternative to gelatin. -
News Your Prescription for Marketing Success: Digital Pharma Marketing Toolkit – Free eBook
Download your FREE pharma marketing eBook to learn why it is so important for pharmaceutical marketeers to develop their digital content marketing strategies in order to establish their companies as thought leaders and industry experts. -
News High demand: Vetter expands production capacities and services offered at its Austrian site
Pharma service provider further expands offerings for clinical development and manufacturing -
News Novavax will provide adjuvant Matrix-M for vaccine research with 3-year partnership
Novavax, developers behind the Matrix-M adjuvant, have entered into an agreement with the Bill and Melinda Gates Medical Research Institute to provide the adjuvant in preclinical vaccine research.
Position your company at the heart of the global Pharma industry with a CPHI Online membership
-
Your products and solutions visible to thousands of visitors within the largest Pharma marketplace
-
Generate high-quality, engaged leads for your business, all year round
-
Promote your business as the industry’s thought-leader by hosting your reports, brochures and videos within your profile
-
Your company’s profile boosted at all participating CPHI events
-
An easy-to-use platform with a detailed dashboard showing your leads and performance