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Meda Terminates Recipharm Supply Pact

To impact employees and Strängnäs ops

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By: Kristin Brooks

Managing Editor, Contract Pharma

Recipharm’s customer, Meda, is terminating its manufacturing and supply agreement for its penicillin products as of December 31, 2015, with plans to offshore production. This business accounts for approximately 2% of Recipharm’s current sales and will impact its 60 employees in Strängnäs, likely leading to a reduction in staff, and potentially closure of the site. Financially, the termination will have a positive impact on Recipharm’s profitability from 2016.   The Meda business in Strängnäs gen...

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