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Local pharma lands fat US deal
Posted 10 August 2022 PM
Adelaide-based Mayne Pharma has announced a deal to sell Metrics Contract Services to Catalent for US$475 million, around AU$679 million, as it focuses on growth portfolios.
It's a nice profit for Mayne, which bought Metrics in 2012 for US$105-120 million. At the time Mayne CEO, Scott Richards, said the business brought additional technical capabilities and cross-selling opportunities.
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Posted 10 August 2022 PM
Adelaide-based Mayne Pharma has announced a deal to sell Metrics Contract Services to Catalent for US$475 million, around AU$679 million, as it focuses on growth portfolios.
It's a nice profit for Mayne, which bought Metrics in 2012 for US$105-120 million. At the time Mayne CEO, Scott Richards, said the business brought additional technical capabilities and cross-selling opportunities.
To see the whole article, please login
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