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Recipharm Acquires Facility in France

Expands development capacity and technical capabilities

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By: Kristin Brooks

Managing Editor, Contract Pharma

Recipharm AB and Flamel Technologies SA have entered into a long-term collaboration agreement under which Recipharm will purchase Flamel’s development and manufacturing facility in Pessac, France for €10.6 million plus working capital. The deal expands its pharmaceutical development capacity and technical capabilities to provide services to its customers in the region, including spray granulation and spray coating. The transaction is expected to close by the end of the year.   Recipharm will als...

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