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Gains API manufacturing capabilities
January 3, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
Questcor Pharmaceuticals has signed a definitive agreement to acquire all issued and outstanding shares of BioVectra Inc., for an upfront payment of $50.6 million. BioVectra provides contract manufacturing services to the global pharmaceutical and biotechnology industry, and manufactures APIs, chemical intermediates, and bioprocessing reagents. BioVectra has been Questcor’s manufacturing partner for the API in Questcor’s H.P. Acthar Gel (repository corticotropin injection) for the ...
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