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Pernix to Divest Houston Manufacturing Ops

Woodfield to continue manufacturing existing Pernix products

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By: Kristin Brooks

Managing Editor, Contract Pharma

Pernix Therapeutics Holdings, Inc. has signed a definitive agreement to divest its Houston, TX manufacturing operations, Pernix Manufacturing, LLC (PML), to Woodfield Pharmaceutical LLC. Woodfield will acquire the entire operation and will continue to manufacture the existing Pernix products under a long-term supply agreement. The transaction, excepted to close in the coming weeks, is subject to customary closing conditions.   Doug Drysdale, president and chief executive officer of Pernix said...

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