Alora Pharmaceuticals Subsidiary Sovereign Acquires Monarch PCM Manufacturing Assets

January 4, 2022

Alora Pharmaceuticals' wholly owned subsidiary, Sovereign Pharmaceuticals, acquired substantially all manufacturing capabilities of Monarch PCM, LLC in Fort Worth, Texas through bankruptcy proceedings, closing on January 4, 2022. The deal adds 60,000 sq. ft. of manufacturing space and approximately 48 employees, expanding Sovereign's solid, semi-solid and liquid pharmaceutical manufacturing capacity.

Buyers
Sovereign Pharmaceuticals, LLC, Alora Pharmaceuticals, LLC
Targets
Monarch PCM, LLC (manufacturing assets, Fort Worth, TX)
Sellers
Monarch PCM, LLC
Industry
Pharmaceuticals
Location
Texas, United States
Transaction Type
Buyout

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