Specialty Generics Firm Goes To Pfizer | Chemical & Engineering News
Volume 92 Issue 29 | p. 16 | Concentrates
Issue Date: July 21, 2014

Specialty Generics Firm Goes To Pfizer

Department: Business

Pfizer has agreed to acquire InnoPharma, a Piscataway, N.J.-based supplier of hard-to-manufacture injectable generic drugs. Pfizer will pay InnoPharma’s owners $225 million, plus up to $135 million in milestone payments. Pfizer says InnoPharma’s portfolio—10 injectable generics approved by FDA and 19 filed with the agency—will bring its own product line up to 73 approved and filed generic injectables.

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