News

Article

PTSM: Pharmaceutical Technology Sourcing and Management

PTSM: Pharmaceutical Technology Sourcing and Management

PTSM: Pharmaceutical Technology Sourcing and Management-10-05-2016
Volume11
Issue 10

Idifarma Receives Investment from Suanfarma S.A. to Boost International Growth

As part of a planned process to replace venture-capital financial partners, Suanfarma S.A. has acquired a stake in Idifarma.

Idifarma, a Spanish CDMO, announced that it has received investment from Suanfarma S.A. to further its international growth plans. Established in 2001 as a small start-up business, Idifarma portfolio of services includes high-potency development and manufacturing and spray drying to solve solubility challenges. The CDMO has more than 100 pharmaceutical clients.

As part of a planned process to replace venture-capital financial partners, Suanfarma S.A. has acquired a stake in the CDMO. The company has been supplying raw materials to the pharmaceutical industry for more than 20 years.

Suanfarma S.A. acquired shares from three venture capital firms, while the co-founders of Idifarma remain as shareholders and in executive positions. Two local financial investors (Sodena and Caja Rural de Navarra), which have funded the company since its inception, will also remain as shareholders to provide stability to the CDMO in this new phase of growth.

Source: Idifarma

Newsletter

Get the essential updates shaping the future of pharma manufacturing and compliance—subscribe today to Pharmaceutical Technology and never miss a breakthrough.

Related Videos
A global supply chain map, visualizing the complex network of transportation routes and distribution centers | Image Credit: © venusvi - stock.adobe.com
Shortcut from point A to point B | Image Credit: © Olivier Le Moal - stock.adobe.com
Behind the Headlines, Episode 21: Waters-BD Merger, Merck’s $10B Bet, and Biotech’s Investment Frontiers
Wooden blocks spelling TARIFFS are placed on a map of North America, specifically over the United States and Mexico | Image Credit: © Rokas - stock.adobe.com
Jason Waite, International Trade Expert, Alston & Bird
Simona Guidi, Associate Director, ProPharma
Tore Bergsteiner
Behind the Headlines, Episode 20: CAR-T Milestones, Abbvie and Eli Lilly M&A Moves, and More
Related Content