Pisgah Laboratories, an API maker, will invest $55 million to upgrade its manufacturing facility in Pisgah Forest, North Carolina, to include sterile injectables and liquid filling operations.
Indian pharmaceutical company, Ipca Laboratories, through two of its subsidiaries—Ipca Pharmaceuticals Inc USA and Onyx Scientific Ltd.—has acquired a NC-based contract manufacturing organization (CMO), Pisgah Labs, for $9.65 millions.
Ipca Laboratories today said its two subsidiaries have fully acquired US-based Pisgah Labs Inc for $9.65 million.
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