Register Now: From Clinical to Commercial: Accelerating ADC Late-Stage Development with Technology Innovation and Integrated Platform
|Articles|September 6, 2017

AMRI Acquired by The Carlyle Group and GTCR

The Carlyle Group and GTCR have completed a previously announced acquisition of AMRI, a contract research and manufacturing organization.

On Aug. 31, 2017, the previously announced acquisition of AMRI was completed by affiliates of investment firms The Carlyle Group and Golder, Thomas, Cressey, Rauner (GTCR) for $21.75 per share in cash. AMRI president and CEO William S. Marth will continue leading the company.

Initially announced in June 2017, the agreement was unanimously approved by the AMRI board of directors, which had recommended that shareholders vote in favor of the transaction.

AMRI is a contract research and manufacturing organization with 25 years of experience in the pharmaceutical and biopharmaceutical industries. The company specializes in combining science and technology from start to finish of the drug discovery and development process. Its services include discovery, development, analytical and solid state services, and API manufacturing and drug product solutions.

Source: AMRI


Related to this article

The BioPharm Brief: An AI-Designed Multibody ADC Enters the Clinic, Blackstone Backs Pfizer’s Monthly GLP-1, and enGene Readies a Bladder Cancer BLA
FDA clears the IND for Biolojic Design’s BD200, an AI-designed Trop2/Nectin-4 multibody ADC; Blackstone Life Sciences agrees to provide Pfizer up to $1.5 billion to develop its monthly GLP-1 receptor agonist berobenatide; and enGene Therapeutics plans a year-end BLA for detalimogene voraplasmid in BCG-unresponsive non-muscle invasive bladder cancer.