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Business

Patheon To Acquire Solubility Specialist

by Michael McCoy
March 16, 2015 | A version of this story appeared in Volume 93, Issue 11
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In its second deal in as many weeks, Patheon has agreed to buy Agere Pharmaceuticals, which specializes in improving the absorption rate, or bioavailability, of drugs. Patheon says Agere’s Bend, Ore., headquarters will become a solubility center of excellence for its pharmaceutical development services operations. Patheon, which last year merged with DSM’s fine chemicals business, is in the process of acquiring the pharmaceutical chemical firm Irix Pharmaceuticals.

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