
Irish pharma manufacturer Gaelic Laboratories has acquired Athlone Laboratories, another Irish producer focused on oral dose beta-lactam antibiotics. The transaction brings together two established domestic manufacturers as demand for established antibiotics remains resilient across hospital and outpatient settings.
The combined group aims to expand manufacturing capacity, improve supply chain efficiency and broaden product offerings in beta-lactams, including widely used penicillins such as amoxicillin and ampicillin. All existing product lines and customer contracts are expected to continue without disruption.
Gaelic said it will retain Athlone’s workforce and management team, with Athlone’s executive leadership reporting to Brian Morrissey, general manager of Gaelic Laboratories. The acquisition increases the group’s total workforce to around 120 people.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
| Headless Content Management with Blaze