Investment

Partners Group plans to work with PCI's management team to add more specialized offerings. (Image: iStock/RomoloTavani)

PCI Pharma Services' new owners focused on growth

By Melissa Fassbender

Partners Group, a private markets investment manager, has agreed to acquire global pharmaceutical services provider PCI Pharma Services citing “trends towards outsourcing.”

The funds will help to grow the company further

CDMO Paragon Bioservices raises $13m in financing

By Zachary Brennan

Contract research and manufacturing organization Paragon Bioservices has raised $13m in a Series A Preferred Stock financing, led by NewSpring Capital and Camden Partners, to continue to grow the company.

Almac announces Government backed recruitment drive

Almac announces Government backed recruitment drive

By Gareth Macdonald

Northern Ireland-based contractor Almac will create 348 jobs over the next five years in its pharma and clinical services business according to UK enterprise, trade and investment Minister, Arlene Foster.

he investment comes as Merck Millipore is seeing an increasing demand from customers at both its France and Eppelheim, Germany sites.

Merck Millipore invests €12m in French facility

By Zachary Brennan

Merck Millipore, the life science division of Merck KGaA, will invest €12m ($16m) at its Molsheim, France facility to expand its ready-to-use media manufacturing capabilities and capacity.

US venture capital investors continue to back biotech

US venture capital investors continue to back biotech

By Gareth Macdonald

Biopharma firms continued to attract US venture capital investment in Q1 according to new analysis by PricewaterhouseCoopers (PwC), which says the number of firms that received backing is encouraging.

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