PharmaZell-Novasep merger complete
Following negotiations begun in September 2021, PharmaZell, a German-based supplier of speciality APIs, and Novasep, a CDMO focused on complex small molecules and ADCs, have closed their merger under the majority ownership of Bridgepoint Group. Former PharmaZell CEO Dr Sylke Hassel (pictured) will be CEO, while former Novasep CEO Michel Spagnol has joined the board of directors.
The companies said that this “creates a technology-driven, leading CDMO and API manufacturer”, with a footprint in Europe, the US and India and “highly complementary” capabilities. Together they will have nearly €500 million in revenues and over 2,000 employees across ten production and R&D sites, seven of them in Europe.
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