Announced
Completed
Financials
Tags
Acquisition
Friendly
drug development
United States
Medical Supplies
stability operations
Majority
Completed
Cross Border
Private
Single Bidder
Synopsis
Clayton, Dubilier & Rice-backed Sharp, a provider of contract packaging and clinical services, completed the acquisition of Berkshire Sterile Manufacturing, a provider of the sterile drug products possible for clinical use and small scale commercial requirements. Financial terms were not disclosed. “The market continues to demand expertise and capacity in sterile manufacturing due in part to the growth in rare and orphan disease therapies. With sterile injectables a huge part of addressing this unmet medical need, the acquisition of BSM allows Sharp to provide a fully integrated solution for our biopharma clients that is a natural extension of our existing injectables and clinical packaging expertise," Kevin Orfan, Sharp President and CEO.
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