Webster Equity Partners and Gurnet Point Capital Acquire Corium's Manufacturing Business and Invest in Corium Neuroscience

October 20, 2022

Webster Equity Partners and Gurnet Point Capital have acquired Corium's manufacturing business (now Corium Pharma Solutions) in a transaction valuing the CDMO at more than $400 million, while Webster also made a concurrent $100 million equity investment in Corium's neuroscience commercialization business. The deal splits Corium into two independent companies — a CDMO and a neuroscience therapeutics commercialization company — with Gurnet Point and Webster jointly owning the CDMO and holding board representation in both businesses.

Buyers
Webster Equity Partners, Gurnet Point Capital
Targets
Corium Pharma Solutions (manufacturing business), Corium (neuroscience therapeutics commercialization business)
Sellers
Corium, LLC
Industry
Pharmaceuticals
Location
Michigan, United States
Transaction Type
Divestiture

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