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Difgen Pharmaceuticals Acquires Krigen Pharmaceuticals Llc - A Sterile Dosage Manufacturing Facility In North Carolina, Us, Strengthening Its Position In Developing And Manufacturing Complex Differentiated Sterile Dosage Formulations

Dec 11, 2023•about 2 years ago

Acquiring Company

DifGen

Acquired Company

KriGen Pharmaceuticals LLC

TamaracLillingtonManufacturing

Description

DifGen Pharmaceuticals LLC ("DifGen") announced today that it has acquired KriGen LLC a fully integrated sterile drug product manufacturer with capability to manufacture a wide range of parenteral products including LVP bags (both Aseptic & Terminally Sterilized), PFS, Microspheres& complex Long Acting Injectables.

Company Information

Company

DifGen

Location

Tamarac, Florida, United States

About

The FDA-registered manufacturing facility located in Tamarac, Florida has state-of the art manufacturing capability to handle solutions/ suspension/ emulsions through blow-fill-seal, form fill seal technology and traditional filling of liquid and semi-solid products in a variety of dosage forms including stick packs and unit-dose cups.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed