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Sun European Partners completes NextPharma acquisition

AltAssets

Headquartered in Surrey, UK, NextPharma provides its outsourcing services through seven manufacturing facilitis, seven product development centres and six temperature–controlled storage and distribution sites across Europe and the US. The company has over 200 clients across the biotech, pharma and healthcare sectors.

Bill Wedlake, CEO of NextPharma, said, “The integrated outsourcing model offered by NextPharma helps improve client profitability by reducing both the cost and time to market of the product.

“This service increases client margins by reducing the number of supply chain providers and freeing up client resource to concentrate on their own key strategic strengths of research and marketing,” he added.

Sun European Partners recently acquired the European rigid plastic consumer goods operations of Finnish packaging business Huhtamaki.