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Acquires first U.S.-based softgel production facility and pharmaceutical R&D center.
January 14, 2022
By: Tim Wright
Editor-in-Chief, Contract Pharma
Barranquilla, Colombia-based Procaps Group, an integrated international healthcare and pharmaceutical company, announced the closing of an asset purchase agreement to acquire an 86,000 square foot pharmaceutical production facility located in West Palm Beach, FL with production capacity of approximately 1.8 billion capsules per year for its iCDMO (integrated contract development and manufacturing organization) business unit, and is expected to increase Procaps Group’s product development capabil...
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