Japanese ophthalmology specialist Santen Pharmaceutical (TYO: 4536) is to sell its manufacturing facility in Tampere, Finland, to NextPharma.
The European pharmaceutical contract development and manufacturing organization (CDMO) is expected to complete the acquisition in the summer of this year, with NextPharma taking over production of Santen products in the facility.
Santen’s 181 employees at the site, who work in manufacturing and its support functions, including quality control, quality assurance, IT and administration, will transfer to NextPharma.
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