Announced
Synopsis
Apotek Produktion & Laboratorier, a Sweden-based state-owned pharmaceutical company responsible for ensuring preparedness and supply of medicines in times of crisis, agreed to acquire a manufacturing facility of Meribel Pharma Solutions, a pharmaceutical manufacturer specializing in penicillin production. Financial terms were not disclosed. "This important transaction brings both long-term security to domestic manufacturing capabilities of penicillins and at the same time strengthens APL's CDMO offering. We look forward to developing the Strängnäs facility to its full potential over the coming years," Filip Ringborg, APL VP Business Development.
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