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CoreRx, Inc. completes acquisition of Societal CDMO, Inc. to enhance drug formulation and manufacturing capabilities

PRIVATEApr 08, 2024

Acquiring Company

CoreRx

Acquired Company

Societal CDMO

ClearwaterGainesvilleManufacturingBiotechnologyHealthcarePharmaceuticalManufacturingBiotechnology

Description

CoreRx, Inc. has successfully completed the acquisition of Societal CDMO, Inc., a contract development and manufacturing organization. This acquisition will enhance CoreRx's capabilities in drug formulation and GMP manufacturing, strengthening its position as an industry-leading CDMO.

Quick answer

CoreRx is acquiring Societal CDMO, announced April 8, 2024. CoreRx is based in Clearwater, Florida, United States.

How much did CoreRx pay for Societal CDMO?
The deal value was not disclosed.
What does CoreRx do?
CoreRx, Inc. is an industry leading CDMO, providing innovative drug formulation, development, and GMP manufacturing to global pharmaceutical and biotech partners.
Where are CoreRx and Societal CDMO based?
CoreRx is based in Clearwater, Florida, United States. Societal CDMO is based in Gainesville, Florida, United States.

Source: Fundz verified event record.

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Company Information

Company

CoreRx

Location

Clearwater, Florida, United States

About

CoreRx, Inc. is an industry leading CDMO, providing innovative drug formulation, development, and GMP manufacturing to global pharmaceutical and biotech partners. CoreRx operates from two sites: its state-of-the-art campus in Clearwater, Florida and its Bend Bioscience campus in Bend, Oregon. CoreRx delivers value-added solutions to its partners focused on oral solids, liquids, and topicals, including enhanced formulations utilizing particle engineering-based drug delivery technologies and spray dry dispersion.

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Frequently asked

Who acquired Societal CDMO?

Societal CDMO was acquired by CoreRx, based in Clearwater. The deal was reported on April 8, 2024. CoreRx, Inc. is an industry leading CDMO, providing innovative drug formulation, development, and GMP manufacturing to global pharmaceutical and biotech partners. CoreRx is privately held and operates in Manufacturing.

When did CoreRx acquire Societal CDMO?

CoreRx's acquisition of Societal CDMO was reported on April 8, 2024. CoreRx, Inc. has successfully completed the acquisition of Societal CDMO, Inc., a contract development and manufacturing organization. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Societal CDMO do?

Societal CDMO, Inc. is a contract development and manufacturing organization dedicated to solving complex formulation and manufacturing challenges primarily focused on small molecule therapeutics. It is privately held, operating in Manufacturing, and is based in Gainesville.

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