Volume 90 Issue 23 | p. 17 | Concentrates
Issue Date: June 4, 2012

Siegfried Acquires Sterile-Filling Firm

Department: Business
Keywords: contract manufacturing, sterile filling

The Swiss contract manufacturer Siegfried has acquired Alliance Medical Products for $58 million, plus an additional payment if 2013 profit goals are met. Based in Irvine, Calif., AMP had $20 million in sales last year from filling sterile liquid, suspension, emulsion, and ointment pharmaceuticals. Siegfried CEO Rudolf Hanko says the purchase builds on the firm’s position as one of the few contract manufacturers with capabilities in both pharmaceutical chemical and finished-drug manufacturing.

 
Chemical & Engineering News
ISSN 0009-2347
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