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Business

France’s Fareva Buys Merck API Plant

by Michael McCoy
September 7, 2015 | A version of this story appeared in Volume 93, Issue 35
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The French custom manufacturing firm Fareva has acquired Merck & Co.’s active pharmaceutical ingredient (API) plant in Saint-Germain-Laprade, France. Fareva says the purchase brings 128,000 L of reactor capacity, equal to the capacity it has among its three other API plants in Germany and France. In addition, Fareva says it will spend around $28 million to make the plant a high-containment facility by mid-2017.

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