Noramco Acquires Cambrex Drug Product Business Unit (Halo Pharmaceuticals)

November 2, 2023

Noramco has completed the acquisition of the Cambrex Drug Product Business Unit (previously Halo Pharmaceuticals), adding drug product formulation development, clinical and commercial manufacturing, and packaging capabilities from sites in Mirabel, Québec and Whippany, New Jersey. The purchase expands Noramco's service offering beyond APIs, brings nearly 400 employees into the Noramco group, and represents Cambrex's strategic divestiture to focus on its drug substance and analytical testing businesses.

Buyers
Noramco
Targets
Cambrex Drug Product Business Unit (formerly Halo Pharmaceuticals)
Sellers
Cambrex
Industry
Pharmaceuticals
Location
New Jersey, United States
Transaction Type
Divestiture

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