Frazier Healthcare reports that it has agreed to acquire AndersonBrecon, the contract pharmaceutical packaging business and wholly owned subsidiary of AmerisourceBergen Corp. Frazier Healthcare provides growth equity and venture capital to high-growth healthcare service and biopharma companies, and it will combine Packaging Coordinators Inc. (PCI) with AndersonBrecon to offer global packaging support.
|PMP News, March 1999|
Thanks to ISO 11607 and other milestones, medical device packaging has gained definite stature over the last two decades.
Aphena Pharma Solutions Inc., a contract packager, repackager, and manufacturer for the pharmaceutical, OTC, dietary supplements, animal health, health and beauty, consumer health, and medical device markets, has acquired 14 OTC products from G&W Laboratories.
The company reports in a press release that the acquisition is part of its strategy "to expand its existing and future customers' access to the growing private-label marketplace by purchasing both small- and large-scale private-label offerings."
Quality Tech Services Inc. (QTS) has finished expanding its Bloomington, MN, facility on January 14. The company offers medical device assembly, packaging, and sterilization services, and it began the expansion in July 2012 to grow along with existing customers and take on new opportunities, it reported in a press release.
In many instances, contract packagers (aka outsourcing service providers) have invested in specific technologies or capabilities to be able to provide their pharmaceutical and medical device customers with a competitive edge.
Having kicked off a recycling program in May 2012, Almac has increased the amount of waste it recycles from 19% to 70%, the company reports. Almac’s program is saving the company £6,000 per month. The company employs more than 3300 individuals and is headquartered in Craigavon, Northern Ireland, where the initiative has been implemented. U.S. operations are based in Pennsylvania, North Carolina, and California.
Indianapolis-based contract manufacturer Redbird Medical is launching assembly, packaging, and supply chain management services for life sciences companies. Founded in 2012 as an affiliate company of The Phoenix Group, Redbird Medical can manage the supply chain through supplier qualification and monitoring, procurement, verification of incoming materials, and inventory management.