Catalent To Invest $5 Million at Somerset Site to Create New Drug Development and Modified Release Center of Excellence
SOMERSET, N.J. (PRWEB) April 24, 2018 -- Catalent Pharma Solutions, the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, today announced it plans to invest $5 million in the creation of a new drug development center of excellence (CoE) at its Somerset, New Jersey facility and headquarters. The investment will see the site focus on preclinical to clinical phase 2b formulation, analytical, and manufacturing solutions for orally delivered small molecules. It will also build upon the site’s expertise in the development of modified release formulation, bioavailability solutions, the application of OptiMelt® hot melt extrusion (HME) technology, and its status as the company’s CoE for handling potent compounds and controlled substances.
"This latest investment in Somerset will significantly strengthen our early development offering with focused formulation expertise and capacity for additional speed and flexibility," said Jonathan Arnold, President of Catalent’s Oral Drug Delivery business unit. "It is highly complementary to Catalent’s West Coast facility in San Diego, California, and further positions Catalent as the strategic partner of choice for the early development of solid oral dose forms."
Catalent’s 265,000 square-foot headquarters and development center in Somerset has a long track record of successfully developing, launching, and manufacturing many oral treatments for leading global innovators. The site boasts state-of-the-art analytical labs, pilot and clinical scale equipment including HME and fluid bed processing, and significant expertise in coating technologies, capsules, tablets, minitablets, and multi-particulates.
Catalent’s early phase drug development sites are closely connected to Catalent’s Clinical Supply Services network, to optimize transition from finished dose manufacture to clinical packaging and distribution. Additionally, the Somerset facility will offer seamless transfers to Catalent’s integrated commercial manufacturing network in: Kansas City, Missouri; Winchester, Kentucky; Swindon, U.K.; and Schorndorf, Germany, for later stage clinical trials using compatible, scalable equipment.
About Catalent
Catalent is the leading global provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products. With over 80 years serving the industry, Catalent has proven expertise in bringing more customer products to market faster, enhancing product performance and ensuring reliable clinical and commercial product supply. Catalent employs approximately 11,000 people, including over 1,400 scientists, at more than 30 facilities across five continents, and in fiscal 2017 generated over $2 billion in annual revenue. Catalent is headquartered in Somerset, New Jersey. For more information, visit http://www.catalent.com
More products. Better treatments. Reliably supplied.™
Chris Halling, Catalent Pharma Solutions, http://www.catalent.com, +44 7580 041073, [email protected]
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