Colorcon acquires business of Pharmaceutical Coatings of India
Acquisition complements range of one-step tablet film coatings for pharma solid oral dose development
US-based Colorcon has acquired the business of Pharmaceutical Coatings, of India, which includes the company's full product portfolio, plus a new facility in Goa that is currently under construction.
The film coating products that form part of this acquisition complement Colorcon's existing range of high-quality, one-step tablet film coatings for pharmaceutical solid oral dose development.
Tabcoat TC, one of the newly acquired products, is widely recognised in the Asia/Pacific market. It is available as an organic, hydro-alcoholic or aqueous solvent system that can be adjusted according to customer needs and the nature of the active ingredient in the formulation. The addition of this product also augments Colorcon's offering for herbal/vitamin/nutraceutical formulation options for its regional customers.
‘We are excited about this opportunity to expand our film coating offering,’ said Jean-Claude Deneuville, President of Colorcon. ‘The acquisition broadens and strengthens our ability to respond to the specific needs of companies in the fast growing Asia/Pacific region. We will ensure the same high quality level of expertise, technical service, production and logistics support for these products that our customers have come to expect from Colorcon.’