Catalent To Acquire Metrics Contract Services For $475 Million To Expand High-Potent Capabilities And Oral Development And Manufacturing Capacity
Acquiring Company
Catalent Pharma Solutions
Acquired Company
Metrics Contract Services
Description
Catalent, Inc. (NYSE: CTLT), the global leader in enabling biopharma, cell, gene, and consumer health partners to optimize development, launch, and supply of better patient treatments across multiple modalities, today announced that it has reached an agreement to acquire Metrics Contract Services (Metrics), a full-service specialty Contract Development and Manufacturing Organization (CDMO) with a facility in Greenville, North Carolina, for $475 million from Mayne Pharma Group Limited (ASX: MYX) (Mayne Pharma). Upon completion, the acquisition will strengthen Catalent’s capabilities in integrated oral solid formulation development, manufacturing, and packaging to help customers simplify and accelerate their programs, while also expanding Catalent's capacity to handle highly potent compounds.
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Frequently asked
Who acquired Metrics Contract Services?
Metrics Contract Services was acquired by Catalent Pharma Solutions, based in Somerset. The deal was reported on August 9, 2022. Catalent Pharma Solutions offers advanced technologies, drug delivery systems, and development solutions. Catalent Pharma Solutions is privately held and operates in Manufacturing.
When did Catalent Pharma Solutions acquire Metrics Contract Services?
Catalent Pharma Solutions's acquisition of Metrics Contract Services was reported on August 9, 2022. Catalent, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Metrics Contract Services do?
Metrics Contract Services, a division of Mayne Pharma Group Limited, is a full-service pharmaceutical development and manufacturing organization serving clients worldwide delivering proven scientific and operational excellence for novel oral dosage forms. It is privately held, operating in Manufacturing.
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