Catalent to tap particle size engineering industry with Micron buy

By Zachary Brennan contact

- Last updated on GMT

Catalent to tap particle size engineering industry with Micron buy

Related tags: Pharmacology

Last week CDMO Catalent acquired Micron Technologies, a provider of particle size engineering technologies, with the aim of improving its early stage tech offering.

Catalent will add Micron Technologies’ particle size engineering capabilities to increase its partnerships with more pharma companies at the earliest stages of the development process. Catalent’s capabilities now range from its API optimization platform to formulation and final dose form design services, bioavailability solutions and hot melt extrusion technologies.  Terms of the deal were not disclosed and the Micron Technologies Team will form part of Catalent’s Development & Clinical Services business, under the leadership of unit president Scott Houlton. 

Houlton told, “Micronization, as well as other particle size engineering techniques, enables effective and cost-efficient particle reduction of crystalline formulations which can aid solubility of compounds and improve the uniform distribution of API within formulations. Particle size is inherently linked to dissolution and absorption rates of APIs within the body, which are both fundamental to the performance of a drug product​.” 

Micron Technologies currently operates two facilities in Malvern, PA, and in Dartford, UK, and employs about 100 people across both sites. Both sites are equipped with advanced systems for highly potent and cytotoxic compounds, and provide integrated analytical services capabilities from early stage development to commercialization. 

Micronization “is widely adopted in many formulations including oral solid, topical creams, suspensions and inhalation delivery. Because no heat is generated in the process, degradation of the product during the process is greatly reduced​,” Houlton added.

Analyst Reaction​ 

Analysts sounded positive on the deal, as well. Jefferies analyst Dave Windley said: “The acquisition adheres to Catalent's ‘follow the molecule’ strategy and will allow it to engage clients even earlier in drug development…Management did not disclose terms of the agreement, but did say it would add about 1% to revenue (i.e. $18-19M)​.” 

John Kreger, an analyst at William Blair, added: “Particle size engineering is typically employed in the preclinical or Phase I stage of development—well before Catalent usually competes for a new molecule. We expect the pace of M&A to pick up at Catalent now that the balance sheet has been partly de-leveraged​.” 

The acquisition is Catalent’s second since its IPO in July​, and follows the acquisition of Redwood Bioscience​, with its SMARTag Antibody-Drug Conjugate (ADC) technology platform, in October 2014.

Related news

Show more

Related products

show more

The APAC Advantages

The APAC Advantages

Catalent Pharma Solutions | 18-Jan-2022 | Insight Guide

Over recent years, the Asia-Pacific (APAC) region has become an emerging market for pharmaceutical and biotech innovation, including clinical studies.

CellCarta - Mapping Precision Medicine

CellCarta - Mapping Precision Medicine

CellCarta | 17-Jan-2022 | Product Presentation

At CellCarta, we’re dedicated to working with our partners to further the limitless potential of precision medicine. Our broad technology offering is designed...

How a Clinical MDR Helps with Data Quality

How a Clinical MDR Helps with Data Quality

Formedix | 17-Jan-2022 | Technical / White Paper

This article covers the many ways a clinical metadata repository helps with data quality in the clinical trial process, and how it ultimately helps to...

Planning Your Preclinical Assessment

Planning Your Preclinical Assessment

Altasciences | 17-Jan-2022 | Technical / White Paper

There are many challenges associated with early drug discovery and development. Advancing your best candidate for regulatory submissions requires a careful...

Related suppliers

Follow us


View more