Breaking News, Collaborations & Alliances

Catalent Forms China JVs

Expands in softgels, clinical supplies

By: Gil Roth

President, Pharma & Biopharma Outsourcing Association

Catalent Pharma Solutions has formed two joint ventures in China for its Softgel Technologies and Clinical Supply Solutions businesses. The company has agreed to acquire, pending regulatory approvals, a majority share in Zhejiang Jiang Yuan Tang Biotechnology Co., Ltd. The Haining-based, privately held business produces nutritional softgel products for Chinese and Asia Pacific markets, and employs 120 staff. Catalent intends to work with regulators for future expansion into OTC and prescription...

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