Catalent Acquires Accucaps to Expand Softigel Development and Manufacturing
Global provider of advanced delivery technologies and development solutions for drugs, biologics, and consumer health products Catalent has announced that the company has agreed to acquire Accucaps Industries, the Canada-based developer and manufacturer of over-the-counter (OTC), high-potency, and conventional pharmaceutical softgels.
The acquisition is subject to Canadian Governmental approval and financial details of the transaction have not been disclosed.
It will substantially complement Catalent’s global OTC and prescription pharmaceutical softgel capabilities with the addition of a portfolio of products supplied to pharmaceutical companies in North America and two state-of-the-art facilities offering integrated softgel development, manufacturing, and packaging. This will strengthen Catalent’s ability to offer customers turnkey solutions.
Commenting on the acquisition, Catalent’s president of softgel technologies Dr. Aris Gennadios said: "Significant investments already made by Accucaps align well with Catalent’s own strategic goals, to offer our customers access to more products, capacity, and integrated solutions for differentiated products and better treatments."
Upon completion of the acquisition, more than 500 Accucaps’ employees at its two facilities in Windsor and Strathroy will join Catalent’s global network of 11 softgel technologies facilities.
The Accucaps facilities house sizeable blistering, bottling, and other packaging capabilities, as well as high-potency prescription softgel development and manufacturing expertise.
Catalent’s RP Scherer Softgel is a global leader in innovative oral and topical softgel technologies for the pharmaceutical, consumer health, and cosmetics markets. Its softgel technologies are proven to solve complex bioavailability and formulation challenges, and are preferred in a wide range of consumer health and pharmaceutical product categories.
Catalent leverages more than 80 years of experience in softgel formulation, development, and manufacturing, as well as its proactively developed products to help customers bring products to market faster.
With a variety of unique, innovative technologies, and highly versatile, most preferred dose forms, Catalent has a wide variety of solutions to meet its customers’ needs.