Privately-held us drugmaker Mission Pharmacal has acquired the assets of ProSolus Pharmaceuticals headquartered in Miami, Florida. Financial terms of the transaction were not revealed,
ProSolus offers expertise in the development and manufacturing of sophisticated and convenient transdermal (through the skin) drug delivery products to treat a variety of health conditions.
"ProSolus is the new jewel in Mission's crown as a manufacturing supplier," says Pete Valko, chief operating officer of ProSolus Inc., who is adding this to his responsibilities as COO of BioComp Pharma. "To expand Mission's offerings, ProSolus brings high-barrier-to-entry transdermal solutions and a top-notch manufacturing facility with its own research and development arms. Mission's goal is to deliver this exceptional science and skill into customers' hands through innovative and convenient products, he added."
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