Catalent to acquire Metrics Contract Services
Catalent (NYSE: CTLT) announced that it has reached an agreement to acquire Metrics Contract Services (Metrics), a full-service specialty Contract Development and Manufacturing Organization (CDMO) with a facility in Greenville, North Carolina, USA.
Catalent will pay $475 million for Metrics, which is currently owned by Australian drugmaker Mayne Pharma Group Limited (ASX: MYX).
Upon completion, the acquisition will strengthen Catalent’s capabilities in integrated oral solid formulation development, manufacturing, and packaging to help customers simplify and accelerate their programs, while also expanding Catalent's capacity to handle highly potent compounds.
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