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Catalent to buy Cook Pharmica for $950 mln
September 19, 2017 / 11:54 AM / 3 months ago

Catalent to buy Cook Pharmica for $950 mln

Sept 19 (Reuters) - U.S. drug delivery technology company Catalent Inc said on Tuesday it would buy privately held Cook Pharmica LLC for $950 million in cash.

Cook Pharmica is a contract development and manufacturing company that develops biologics.

Catalent said it would pay $750 million when the deal closes, and pay the balance in four annual installments. (Reporting by Tamara Mathias in Bengaluru; Editing by Sai Sachin Ravikumar)

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