News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Debiopharm To Acquire Products Or Companies To Expand Activities At Manufacturing Facility In Martigny (Valais, Switzerland)



3/6/2014 10:09:40 AM

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

Lausanne, Switzerland – March 6, 2014 – Debiopharm Group™ (Debiopharm), a Swiss-based global biopharmaceutical group of companies active in drug development, GMP manufacturing of proprietary drugs, diagnostics, and investments, has announced its decision to expand and optimize activities at Debiopharm Research & Manufacturing S.A., its industrial development and production facility in Martigny (Valais, Switzerland), through acquisition of industrial high value added activities or companies in the pharmaceutical, biotech or medtech field.

Debiopharm Research & Manufacturing S.A. boasts 35 years of expertise in drug development including chemical synthesis, formulation improvement and manufacturing. Major investments have been made since 2007 to automate the facility and increase its industrial capacity. The objective today is to expand industrial operations in Martigny by acquiring opportunities for optimization and production, generating a double-digit million revenue annually. Expertise in R&D and manufacturing of hard-to-make pharmaceutical products, modern infrastructure combined with high tech GMP-compliant production, a logistic platform for worldwide delivery, established quality assurance and regulatory certification, as well as a central location in Europe are some of the features that will enable this objective to be met.

"We want to be the bridge between development and industrialization" says Cédric Sager, Chief Executive Officer of Debiopharm Research & Manufacturing S.A. "and supply Swiss-made products manufactured using state-of-the-art technology. Hard-to-make drugs, highly complex formulated drugs, biologic niche products, premium diagnostics and medical devices are on our wish-list".

Thierry Mauvernay, Delegate of the Board of Debiopharm Group, explains that "we have invested heavily during the last years to automate our site in Martigny as much as possible. Thanks to our efforts, we have increased our productivity. Our wish now is to acquire new industrial opportunities to strengthen our activity in Valais and support our development".

Interested parties with appropriate projects are invited to contact Sandya von der Weid at Debiopharm (sandya.vonderweid@debiopharm.com), manager of this activity. To be considered projects must be close to commercialization with realistic prospects of achieving targeted annual revenues within the next few years.

About Debiopharm Group™

Debiopharm Group™ is a Swiss-based global biopharmaceutical group of 4 companies active in drug development, GMP manufacturing of proprietary drugs, diagnostics, and investments.

Debiopharm Research & Manufacturing SA is a pharmaceutical research, development and production company with GMP facilities certified by the major regulatory authorities. It is the center of expertize for medicinal chemistry for the Group. The company is a world leader in polylactic-co-glycolic acid (PLGA)-based injectables.

For more information about Debiopharm Research & Manufacturing S.A., please visit: www.debiopharm.com

Martina Schwarzkopf, Ph.D.
Assistant Vice President
Russo Partners, LLC
12 West 27th Street, 4th Floor
New York, NY 10001
T (212) 845-4292
M (347) 591 8785
F (212) 845-4260
martina.schwarzkopf@russopartnersllc.com
www.russopartnersllc.com

Follow our agency and client news on Twitter. Sign up at www.twitter.com/russopartners.

Help employers find you! Check out all the jobs and post your resume.

Read at BioSpace.com


comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES