Ardena continues M&A strategy with CMO buy

By Flora Southey

- Last updated on GMT

(Image: Getty/mikdam)
(Image: Getty/mikdam)
CDMO Ardena has added drug product capabilities with the purchase of active pharmaceutical ingredient and excipient-focused Syntagon.

The acquisition enables the contract manufacturing and development organisation (CDMO) to handle larger batch sizes up to 100kg, adding a manufacturing facility in Södertälje, Sweden, and development and quality control (QC) laboratory in Riga, Latvia, to its site network.

Syntagon’s 30 employees and client portfolio will also be transferred to Ardena.

According to Ardena CEO Harry Christiaens, the firm’s Syntagon acquisition is in line with the its M&A strategy.

Ardena – which launched​ in September 2017 – is the product of a merger between Belgium-based Pharmavize, Dutch firm Crystallics, and Analytical Biochemical Laboratory (ABL) in The Netherlands.

And in March this year, the CDMO bought​ Dutch active pharmaceutical ingredient (API) maker ChemConnection.

Ardena is focused on building a “complementary service portfolio that spans the clinical supply chain from molecule to clinic,” ​Christiaens told us.

Services include chemical-pharmaceutical development and manufacturing services, analytical and bioanalytical support, and regulatory dossier development support, he added.

The acquisition marks the CDMO’s first outside of the Benelux region.

In Scandinavia, Ardena will be “well positioned to capitalise on the emerging biotech segment and broader pharmaceutical market,” ​the CEO said in a statement.

Related news

Related products

show more

Manufacturing Drugs with Highly Potent APIs

Manufacturing Drugs with Highly Potent APIs

Content provided by Altasciences | 28-Sep-2023 | White Paper

In this issue of The Altascientist, we examine the critical considerations for the safe and compliant manufacture of drugs with highly potent APIs (HPAPIs),...

A Guide Through the API Drug Development Pipeline

A Guide Through the API Drug Development Pipeline

Content provided by Lonza Small Molecules | 11-Jul-2023 | Insight Guide

With the complexities associated with API and HPAPI drug development, it’s necessary to lean on the experts. With Q&A sections, insights and articles...

State-of-the-Art Virtual Pharma Factory Tour

State-of-the-Art Virtual Pharma Factory Tour

Content provided by METTLER TOLEDO | 09-Jun-2023 | Event Programme

Join METTLER TOLEDO’s weighing experts on a virtual tour of a state-of-the-art manufacturing facility. On the call, you'll be digitally transported...

Related suppliers

Follow us

Products

View more

Webinars