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Will create an enhanced CDMO with broad capabilities spanning early-stage formulation development through commercial manufacturing and packaging.
February 29, 2024
By: Charlie Sternberg
Associate Editor
CoreRx Inc. has agreed to acquire Societal CDMO, Inc., a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, in a deal valued at approximately $130 million. Societal CDMO’s board of directors unanimously approved the transaction and plans to recommend that all shareholders tender their shares in the tender offer. This news comes months after Societal CDMO ann...
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