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Solvay Pharmaceuticals, Inc. Announces the Sale of Baudette, Minn. Facilities to ANI Pharmaceuticals.

Publication: Business Wire
Publication Date: 07-MAY-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MARIETTA, Ga. -- As part of its ongoing global manufacturing strategic planning, Solvay Pharmaceuticals, Inc. announced today the sale of its Baudette, Minn. facilities to ANI Pharmaceuticals (ANI).

Under the terms of the agreement effective April 30, 2007, Solvay Pharmaceuticals is divesting its Main Street and hormone facilities in Baudette, Minn. ANI will assume all current manufacturing and packaging activities performed at the facilities. ANI will serve as contract manufacturer to Solvay Pharmaceuticals for its products...

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