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Cambrex Wins Supply Agreement

Will supply API for new customer’s Phase III program

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Cambrex Corp. has entered into an agreement to supply API for a new customer’s Phase III program during 2013 and 2014. Cambrex will manufacture and deliver Phase III and pre-launch quantities of the product candidate for the undisclosed client. The agreement is expected to contribute more than $20 million to 2013 revenues, as well as additional revenues in 2014 based on regulatory developments and product delivery milestones.   Cambrex plans to invest approximately $19 million to expand its larg...

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