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Recipharm to Acquire Corvette Pharma Services

Expands geographic scale, manufacturing and lyophilization capabilities

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By: Kristin Brooks

Managing Editor, Contract Pharma

Recipharm AB has signed an agreement to acquire Milan based Corvette Pharmaceutical Services Group from the Italian private equity Group LBO Italia Investimenti s.r.l. Financial terms were not disclosed.   Corvette has three manufacturing facilities located in the Milan region. The Masate facility provides sterile injectable manufacturing with capabilities for both lyophilization and liquid filling of vials and ampoules including hormones supplied to numerous territories including Japan. A facil...

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