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Cambrex Buys Avista for $252M

Adds early stage API and finished dosage form development and testing services to portfolio

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Cambrex has entered into a definitive agreement to acquire Avista Pharma Solutions for roughly $252 million. Avista is a portfolio company of Ampersand Capital Partners. With this acquisition, Cambrex will enter the large and growing market for early stage small molecule development and testing services. Avista offers a broad suite of services ranging from API and drug product development and cGMP manufacturing to stand-alone analytical, microbiology testing and solid state sciences.   “We are...

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