WellSpring Pharma Services Completes Capital Investment and Forms Strategic Partnership
PTSM: Pharmaceutical Technology Sourcing and Management
WellSpring Pharma formed a strategic partnership with IDT Australia and invested $3 million in new equipment.
WellSpring Pharma Services announced a $3 million capital investment in equipment and a strategic partnership with IDT Australia to manufacture drugs targeting the US market. According to an April 7, 2016 press announcement, the capital investment enables directly scalable capabilities in smaller development-scale equipment, expanded manufacturing for specialized dosage forms such as bilayer tablets, and improved support for high-potency compound manufacturing.
Among the equipment added during the capitalization were an Alexanderwerk Roller Compactor, an IMA Precisa capsule weight checker, a 400 kg O’Hara Tray Drying oven, a Korsch XL 400 Tablet Press with bilayer module, a Glatt GPCG 2/5 Fluid Bed Processor, an O’Hara Aqueous Film Coater with 18” and 30” interchangeable pans, and a 5L Becomix Counter sweep vessel.
Source: WellSpring Pharma Services
Drug Solutions Podcast: Gliding Through the Ins and Outs of the Pharma Supply Chain
November 14th 2023In this episode of the Drug Solutions podcast, Jill Murphy, former editor, speaks with Bourji Mourad, partnership director at ThermoSafe, about the supply chain in the pharmaceutical industry, specifically related to packaging, pharma air freight, and the pressure on suppliers with post-COVID-19 changes on delivery.
