Breaking News

Mallinckrodt to Sell CDMO BioVectra for $250M

BioVectra will continue to supply an API for Mallinckrodt's specialty brands business under a long-term deal

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Global biopharma company Mallinckrodt has entered into an agreement to sell its wholly owned subsidiary BioVectra to an affiliate of H.I.G. Capital, a global private equity investment firm, for approximately $250 million.   BioVectra is a contract development and manufacturing organization (CDMO) whose global client base includes many of the top biopharmaceutical companies in the world. The company has a mix of capabilities, with core growth engines in complex chemistry, biologics and drug devel...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters