ANI Pharmaceuticals, Inc. has acquired WellSpring Pharma Services, Inc. for $18 million in cash, expanding its contract manufacturing business. WellSpring is a contract development and manufacturing organization (CDMO) based out of Oakville, ON with capabilities in solid oral, semi-solids and liquids. WellSpring has approximately 100 employees and operates out of a 100,000 sq.-ft. site. WellSpring generates approximatley $15 to $20 million in annual revenues. The company currently manufact...