Announced
Financials
Sources
Tags
Acquisition
Cross Border
healthcare services
Majority
Private
Merger
Pending
Friendly
Health Care Services
Single Bidder
Morocco
Synopsis
Recipharm, a firm that specializes in contract development and manufacture of pharmaceuticals, and the Government of Morocco to form SENSYO Pharmatech, a firm that engaged in the development and operation of a new fill & finish vaccines and biologics facility, in a $276m deal. "We are proud to be involved as the CDMO of choice in this fantastic step forward for Morocco and Africa. Breaking ground on a facility of this magnitude is a significant milestone and reflects the depth of our joint commitment to meeting Morocco's long term healthcare needs," Marc Funk, Recipharm CEO.
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