A major pharmaceutical manufacturer located in Pitt County will be part of a multi-billion dollar business merger expected to create a new and more competitive player in the global pharma market, according to a corporate announcement issued on Wednesday.
JLL Partners, a leading middle-market private equity firm, and Royal DSM, the global life sciences and materials sciences parent company of Greenville-based DSM Pharmaceuticals, announced the creation of a new company, which will be a leading global contract development and manufacturing organization for the pharmaceutical industry, the news release said.
Company officials at the Greenville operation declined to comment on the transaction.
For the complete article, please pick up a copy of The Daily Reflector. Current home delivery and electronic edition subscribers may log in to access this article at no charge. To become a subscriber, please click here or contact Customer Service at (252) 329-9505.