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Royal DSM, JLL Partners Establish DPx

Completes $2.65 billion transaction to create global CDMO

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By: Kristin Brooks

Managing Editor, Contract Pharma

Royal DSM and JLL Partners, through a $2.65 billion transaction, have created DPx, a global CDMO headquartered in Durham, NC, with a footprint that includes 24 locations across North America, Europe, Latin America and Australia. DPx is 51% owned by JLL and 49% by Royal DSM.   Jim Mullen, former chief executive officer of Patheon, will lead DPx as chief executive officer, and it will be run as an independent company. DPx is the parent company that includes the business units Patheon, DSM Fine Che...

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