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Catalent to Acquire Juniper, Adding Early Drug Development Capabilities

05:45 EDT 3 Jul 2018 | Genetic Engineering News

Catalent said today it has agreed to acquire Juniper Pharmaceuticals for $133 million, in a deal that adds a U.K. center of excellence for early drug development to similar centers that the buyer established on the West Coast and plans to create on the East Coast. The acquisition continues the consolidation of contract development and manufacturing organizations (CDMOs) worldwide—a consolidation that included Catalent’s $950 million purchase of Cook Pharmica late last year. Juniper’s operations include Juniper Pharma Services, a CDMO based in Nottingham, U.K., that focuses on fee-for-service drug formulation development and clinical trial manufacturing services. By combining Juniper Pharma Services with its own drug development and manufacturing services in the U.S. and Europe, Catalent said, the acquisition will expand and strengthen its offerings in formulation development, bioavailability solutions and clinical-scale oral dose manufacturing—as well as complement its integrated global clinical and commercial supply network. Those ...

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