– Cook Group made a pair of major announcements Tuesday that the company said will expand the life sciences industry in Bloomington.
New Jersey-based Catalent, Inc. reached a deal to acquire Cook Pharmica, the companies revealed.
Catalent bills itself as the “leading global provider of advanced delivery technologies and development solutions for drugs, biologics, and consumer health products.” The acquisition of Cook will allow Catalent to expand its capacity to serve patients worldwide.
The company has signed an agreement to buy the former GE Appliances site near its headquarters on Bloomington’s west side, allowing Cook to expand its medical device business.
The former GE site will give it the flexibility to “address some immediate space needs” and “modernize its manufacturing process,” the company said.
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- Catalent adds biologics manufacturing with $950M Cook Pharmica dealBioPharma Dive