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Siegfried Acquires Two Pharma Manufacturing Sites from Novartis in Spain

Sites are specialized in the manufacturing of ophthalmic steriles as well as oral solid dosage forms and capsules used in inhalation devices.

By: Contract Pharma

Contract Pharma Staff

Siegfried has signed agreements with Novartis regarding the acquisition of two pharmaceutical manufacturing sites in Spain. With this acquisition, Siegfried will significantly enhance its global production network in terms of capacity and technological capabilities and will achieve the targeted critical size in the field of drug products (finished dosage forms), thus creating further potential for profitable growth in the CDMO market. Subject to customary closing conditions, the transaction is e...

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