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Aptuit Divests Two Sites to AMRI

Expands AMRI's drug product development and aseptic clinical manufacturing capabilities

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By: Kristin Brooks

Managing Editor, Contract Pharma

Aptuit has divested its aseptic clinical manufacturing site in Glasgow, UK to Albany Molecular Research, Inc. (AMRI), and has entered into a definitive agreement to sell its West Lafayette, IN solid-state chemistry business (SSCI) for a total consideration of $60 million. AMRI paid $24 million for the Glasgow business, and, subject to certain closing conditions, will pay the remaining $36 million for the West Lafayette business and will assume certain liabilities related to that subsidiary. AMR...

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