China-based CRO WuXi PharmaTech has entered into a syndicated loan facility to borrow up to $165m from a consortium of banks in Asia to seek out new acquisitions.
Laboratory services firm Warnex has put back the release of its full year results and received a formal notice of default from the holder of its outstanding debentures.
Contract testing services supplier LabCorp has secured a credit facility with the Bank of America, citing capital expenditures and acquisitions among the potential uses of the funds.
Contract manufacturing organisation (CMO) Patheon has installed new soft gel manufacturing capacity at its facility in Cincinnati in response to “an unmet customer need.”
Contract manufacturing company Patheon has completed its $350m
(€259m)acquisition of Puerto Rican rival Mova Pharmaceuticals,
first announced in November.