DPT Laboratories Acquires Media Pharmaceuticals' Lakewood Facilities

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DPT Laboratories acquired Media Pharmaceuticals' Lakewood, New Jersey facilities, providing space for aseptic processing suites and filling equipment.

DPT Laboratories, a contract development and manufacturing organization, announced on Sept. 4, 2014 the acquisition of Meda Pharmaceuticals’ Lakewood, New Jersey, facilities. The acquisition reflects the organization’s recent growth, allowing DPT to expand its footprint in Lakewood by adding two buildings totaling 90,000 ft2 of space. The real estate meets the organization’s current need for additional cold storage and a larger state-of-the-art analytical laboratory. This center provides state-of-the-art aseptic processing suites and filling equipment for small-volume parenterals, ophthalmic preparations, preservative-free nasal sprays, and sterile ointments.

Source: DPT Laboratories