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Pharmetics To Acquire Patheon OTC Facilities

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Pharmetics, Inc. has entered into an agreement to acquire the Niagara-Burlington commercial manufacturing business of Patheon for approximately $5.75 million. Pharmetics will acquire the assets — including equipment, facilities and land — at Patheon’s facilities in Fort Erie and Burlington (Gateway Drive) in Ontario. The two sites currently serve 14 clients, manufacturing and packaging about 60 OTC pharmaceutical products in a range of dosage forms, including tablets, liquid...

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