PTI

Pharma

Contract drug manufacturer Patheon names former BCRX executive new CFO

Contract drug manufacturer Patheon (TSX:PTI) has a new chief financial officer, one who is no stranger to North Carolina’s Research Triangle. Stuart Grant was named executive vice president, CFO by the Research Triangle Park-based company. Grant has held finance positions at several public companies, most recently serving as CFO at Durham-based BioCryst Pharmaceuticals (NASDAQ:BCRX). Grant […]

Pharma

Pozen strikes manufacturing pact with Patheon for heart drug

The new cardiovascular drug being developed by Pozen (NASDAQ:POZN) does not yet even have a name, but it now has a manufacturer to produce it once it secures U.S. Food and Drug Administration approval. The Chapel Hill, North Carolina pharmaceutical company has reached a supply agreement with contract drug manufacturer Patheon (TSX:PTI), according to securities […]

Pharma

Patheon inks $18M deal with Boehringer on diabetes drugs in R&D

Contract drug manufacturer Patheon (TSX:PTI) has won two contracts valued at $18 million to make experimental type 2 diabetes drugs for German pharmaceutical company Boehringer Ingelheim. Research Triangle Park, North Carolina-based Patheon provides contract manufacturing for drugs that are commercialized as well as for those still in research and development. Patheon said the two three-year […]

Pharma

Patheon trims global footprint, cuts costs as part of new strategy

Contract drug manufacturer Patheon (TSX:PTI) is paring back some operations in Europe and Canada as part of a new corporate strategy to review the company’s global footprint and cut costs. Research Triangle Park, North Carolina-based Patheon said that its new strategy will include investing in its pharmaceutical development services business  (PDS), which includes manufacturing the […]