Friday, 19 July 2019

Sagent Pharma acquires Raleigh manufacturing site

05 March 2019 | News

The manufacturing site, which is approved for manufacturing of both small molecule and biologic products, is the first FDA-approved facility in the Nichi-Iko Group network.

image credit- kiplinger.com

image credit- kiplinger.com

Nichi-Iko Pharmaceutical and Sagent Pharmaceuticals, a Nichi-Iko Group Company, a leader of specialty pharmaceutical products with an emphasis on the injectable market, has announced that Sagent has acquired an FDA-approved manufacturing site in Raleigh, North Carolina, from Xellia Pharmaceuticals.

The manufacturing site, which is approved for manufacturing of both small molecule and biologic products, is the first FDA-approved facility in the Nichi-Iko Group network. Sagent intends to continue manufacturing certain products for Xellia, while utilizing the site’s capabilities to enhance its ability to address unmet market needs.

“The acquisition of this facility is a significant milestone in our journey to transform Sagent,” said Dr. Peter Kaemmerer, Chief Executive Officer of Sagent. “In addition to complementing our historic partner-based supply model with internal manufacturing capabilities, the Raleigh site will enable production of lyophilized formulations of our future biosimilar product offerings. We look forward to welcoming the site employees into the Sagent team and contributing to the Nichi-Iko family together.”

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