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Frazier Healthcare Acquires AndersonBrecon

Expands packaging services portfolio

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Frazier Healthcare has signed a definitive agreement to acquire AndersonBrecon, the contract packaging business of AmerisourceBergen Corp., for $308 million in cash. Frazier Healthcare and Packaging Coordinators, Inc. (PCI), a provider of pharma and biopharma packaging services, will combine with AndersonBrecon to offer services on a global scale. The purchase, subject to customary closing conditions, is expected to close in 2Q13.   “We are extremely excited to add the complementary U.S. a...

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