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TPG plans to grow the business while Actavis aims to focus on Global Supply Chain Network
February 13, 2015
By: Kristin Brooks
Managing Editor, Contract Pharma
Actavis plc and TPG, a global private investment firm, have entered a definitive agreement under which Actavis will divest its Aptalis Pharmaceutical Technologies (Pharmatech) business, which operates within Actavis’ subsidiary in the U.S., Canada and Europe. Financial terms were not disclosed. Pharmatech provides R&D and manufacturing services, with specialized capabilities in taste-masking and customized drug release and supports projects from formulation through scale-up and commercial...
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