PRZOOM - /newswire/ -
Durham, NC, United States, 2014/09/30 - DPx Holdings B.V. announces that it has completed the transaction to acquire Gallus BioPharmaceuticals, LLC - GallusBioPharma.com / Patheon.com. TSX: PTI
DPx Holdings B.V., privately owned by JLL Partners and Royal DSM and the parent company of Patheon, announces that it has completed the transaction to acquire Gallus BioPharmaceuticals, LLC, a leading contract manufacturing company specializing in biologics. Patheon’s biologic drug substance business, a unit of DPx Holdings, now spans four global facilities in Europe, Australia and North America and includes more than 550 employees.
“We are pleased to have closed this transaction within such a short period of time so that we can begin providing customers with an even higher level of service with our expanded service offerings and dedicated biologics presence in the U.S.,” says Jim Mullen, CEO of DPx Holdings. “This acquisition allows us to better serve the biologics segment in our industry and aligns with our strategy to continue to bring our customers an industry leading end-to-end service offering.”
The Patheon pharma services business provides commercial manufacturing, pharmaceutical product development services for a full array of solid and sterile dosage forms, and biologic and chemical drug substance development and manufacturing. With the Gallus BioPharmaceuticals acquisition, Patheon is now a leading provider of process development as well as clinical and commercial scale manufacturing of mammalian cell culture derived products. Patheon offers customers a broad array of disposable manufacturing technology, as well as commercial scale production, throughout its expanded global network. In addition, Patheon is able to leverage its expertise in disposable technology to expedite manufacturing as well as broaden its capabilities in mid-scale flexible manufacturing. These enhanced capabilities further support the Patheon end-to-end integrated offering providing small-scale API and biologic drug substance through to commercial manufacturing.
The two existing Gallus sites in St. Louis, Mo. and Princeton, N.J. are the first Patheon biologic drug substance sites in the U.S. and complement the two existing sites in Groningen, the Netherlands and Brisbane, Australia. Three of these four global sites each have nearly three decades of mammalian cell culture experience, while the fourth site in Brisbane was opened within the last year and is considered a facility of the future for biologics. Under the Patheon brand, these sites will support the company’s continued expertise in biologics and support the needs of Patheon’s customers in this growing segment of the industry.
About DPx Holdings B.V.
DPx Holdings B.V. (patheon.com/DPx) is the privately held parent company of the Patheon, DPx Fine Chemicals and Banner Life Sciences businesses. The company is a leading provider of CDMO services, pharmaceutical products and products for other industries. DPx Holdings B.V. was founded in 2014 as a result of the merger of Patheon and DSM Pharmaceutical Products and is owned 51% by JLL Partners and 49% by Royal DSM. With a global headquarters in Durham, N.C., DPx Holdings B.V. has a footprint of more than 20 locations across North America, Europe, Latin America and Australia with more than 8,000 employees. DPx Holdings B.V. offers customers unsurpassed quality, end-to-end services and value through its three business units.
Patheon® (patheon.com) is a leading provider of contract development and commercial manufacturing (CDMO) services to the global pharmaceutical industry for a full array of solid and sterile dosage forms, including small molecule API and biologic drug substances. Patheon, a business unit of DPx Holdings B.V., encompasses the combined commercial manufacturing capabilities and pharmaceutical product development services, as well as offers a full array of biologic services and pharmaceutical active pharmaceutical ingredients (API) development. Patheon is #1 in product development services, #2 in commercial scale product manufacturing and is #1 in quality.