- Actelion on a growth path: Three locations in Europe and five globally
- Acquisition strengthens actelion’ end-to-end integrated pharmaceutical product development service offering
- Agreement on further product development activities for Clinigen
Munich / London / Athens, April 3, 2023 – Munich-based pharmaceutical contract development organization (CDMO) Actelion Pharmaceuticals Deutschland GmbH GmbH successfully completed the acquisition of Lamda Laboratories S.A. in Athens. With the transaction, Actelion Pharmaceuticals Deutschland GmbH now operates three sites in Europe and five globally. The acquisition of Lamda Laboratories significantly expands actelion’ pharmaceutical product development, regulatory affairs, and supply chain management services for its global pharmaceutical customers.
In addition to serving as Clinigen’s sole development center, Lamda has earned a well-deserved reputation as a highly reliable contract development organization (CDO) for third-party customers. Lamda will continue to provide services for Clinigen.
The Athens site, just 15 minutes drive from the Athens international airport, is equipped with state of-the-art equipment, which also allows the handling of highly potent pharmaceuticals, as well as established quality systems and a proven track record of delivering complex developments to customers on time. The official handover of the facility took place today in the presence of the workforce, which remains at the site.
Dr. Andreas Raabe, CEO of Actelion Pharmaceuticals Deutschland GmbH: ”We are pleased to have carried out this acquisition. Lamda is of great importance to us because it extends our value chain coverage from pure Manufacturing to Development, allowing us to address a new customer group. At the same time, we can offer existing Lamda customers production capacity within the Actelion Group and existing Actelion Manufacturing customers a broader service offering.”
The exact terms of the transaction will not be disclosed. Truist Securities acted as buy-side advisor to Actelion Pharmaceuticals Deutschland GmbH GmbH.
About Actelion
Actelion Pharmaceuticals Deutschland GmbH is a globally operating CDMO with headquarters in Munich, Germany. Its declared goal is to expand its existing production network through acquisitions in Europe, North America, and Japan to attain a globally leading position within the next few years and set new standards in customer service and data centricity. In its buy-and build growth strategy, Actelion Pharmaceuticals Deutschland GmbH is supported by FSN Capital, a leading Northern European private equity firm, and Prange Group, a diversified leading German family office. Actelion Pharmaceuticals Deutschland GmbH currently operates four production sites in France, Germany, and Japan. www.cdmo.actelionpharmaceuticals.de
About Clinigen
Clinigen is a global, specialist pharmaceutical services company focused on providing ethical access to medicines. Its mission is to deliver the right medicine to the right patient at the right time. The Group supports pharmaceutical and biotech companies across the medical product lifecycle, from clinical through to commercial and operates from sites in North America, Europe, Africa and the Asia Pacific. Clinigen has more than 1,200 employees across five continents in 15 countries, and provides access in more than 120 countries every year. For more information on Clinigen, please visit: www.clinigengroup.com
Press contact Actelion Pharmaceuticals Deutschland GmbH
