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ALK expands strategic partnership with Catalent for tablet production, committing approximately DKK 500 million for capacity expansion over three years.
Amount Raised
DKK500 Million
Round Type
Venture
Capital Region Of DenmarkBiotechnologyHealth CareDescription
ALK has announced an expanded agreement with Catalent for contract production, ensuring long-term access to Catalent's Zydis® technology. The extended partnership aims to enhance ALK's tablet production capacity significantly. The total payments to Catalent will be around DKK 500 million, activated over three years. This capacity expansion is crucial for meeting the future demand for ALK's SLIT-tablet portfolio.
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ALK raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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