MedPharm and Tergus Pharma merge
UK-based MedPharm, an Ampersand Capital Partners portfolio company, and the US firm Tergus Pharma, a Great Point Partners portfolio company, have jointly announced they are merging.
The combined topical and transepithelial contract development and manufacturing organization (CDMO) will operate under the MedPharm name, establishing a leading, end-to-end CDMO with robust scientific, clinical trial manufacturing and commercial production capabilities.
As part of this transaction, Tergus Pharma chief executive Michael Kane has been appointed CEO of MedPharm while Patrick Walsh will continue to serve as executive chairman of MedPharm.
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