Family-owned Italian drugmaker Zambon has taken a significant step to grow in the respiratory therapy area, with the planned acquisition of UK-based Profile Pharma from present owner the Philips Group. Financial details of this transaction will not be disclosed.
With this acquisition of Profile Pharma (headquartered in Chichester, West Sussex), Zambon marks the beginning of the implementation of its growth strategy, which with other activities, has strengthened its product portfolio in the active and dynamic respiratory sector with products for moderate to severe illness.
Profile Pharma, originally acquired by Philips as part of the Respironics acquisition in 2008, has an excellent reputation for its advancements in the field of rare diseases, and in particular its fight against cystic fibrosis (CF), a genetic and life threatening disease, noted Zambon. Profile Pharma successfully introduced Promixin (colistin) to the market, a drug for bronchial infections in CF which is administered both via nebulization or injection. Due to its strong growth potential, the company is aiming to become a world leader in the treatment of this disease.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze