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Curia To Acquire Us-Based Lakepharma, Expanding End-To-End R&D Capabilities And Scale For Biologics

Jul 14, 2021over 4 years ago

Acquiring Company

Curia

Acquired Company

LakePharma

AlbanyPharmaceutical Manufacturing

Description

Curia, formerly AMRI, a leading contract research, development and manufacturing organization, today announced it has entered into a definitive agreement to acquire LakePharma Inc., a privately held biologics drug discovery, clinical research, development and manufacturing organization with operations in California, Massachusetts, and Texas.

Company Information

Company

Curia

Location

Albany, Georgia, United States

About

Curia Global’s early-phase manufacturing site in Grafton, Wisconsin, specializes in early-phase development and manufacturing services, focusing on projects with highly potent drug ingredients. The site employs more than 80 skilled workers and is recognized for providing high-quality CDMO services.

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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