Archives for June 7, 2010

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KV sells unit in $24.6m deal

By Wai Lang Chu

KV Pharmaceuticals has decided to cut its losses and sell its subsidiary Particle Dynamics in a deal worth $24.6m (€20.6m). The deal adds some much needed stability as the business attempts to shore up its finances during a difficult period.

LGR Emballages invests in pharma packaging technology

By Wai Lang Chu

LGR Emballages, has announced a substantial investment in three Speedmaster XL 105 presses that the French packaging group hope will improve its current short-run productivity for pharmaceutical packaging.