NextPharma to acquire Norway manufacturing site from Takeda
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 Women in Pharma: Moving beyond discussions and into best practice at CPHI Milan
In this second CPHI Milan special of our monthly series, we cover the key takeaways from the Diversity & Wellbeing track held on October 10, 2024. -
News AstraZeneca invests in AI collaboration for cancer drug trials
The British-Swedish pharmaceutical giant is partnering with biotechnology firm Immunai Inc to increase the efficiency of some cancer drug trials. -
News Ozempic and Wegovy prices questioned as Novo Nordisk faces US Senate hearing
The CEO of Novo Nordisk was grilled during a US Senate committee hearing on September 24, 2024, in which the exorbitant prices of the Danish company’s blockbuster drugs Ozempic and Wegovy were called into question. -
News The BIOSECURE Act: implications for the pharma supply chain
On September 9, 2024, the US House of Representatives voted to pass the bill titled the BIOSECURE Act (the Act), which lists several Chinese companies in the pharmaceutical supply chain. The Act will prohibit American companies from contracting or doin... -
News On Track at CPHI Milan: Thermo Fisher Scientific Track Sponsor interview
With CPHI Milan just around the corner, we sat down with some of the sponsors for this year’s conference tracks to discuss the most pressing topics in pharma. -
News CPHI Milan Speaker Spotlight: Pharma Manufacturing and Localisation in Africa
In the run-up to CPHI Milan, we sit down with some of the experts and thought-leaders speaking at this year’s conferences. -
News US BIOSECURE Act passed by US House of Representatives
The controversial act, which has already impacted several foreign companies operating in the US, was passed by the House of Representatives on September 9, 2024. It is now headed for the US Senate before it can be signed into law by President Joe Biden... -
News Eli Lilly licenses rheumatoid arthritis manufacturing in Africa
American pharmaceutical company Eli Lilly has signed a partnership with Egyptian organisation Eva Pharma to localise manufacturing of rheumatoid arthritis treatments in Africa.
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