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Fareva is one of the world leaders in pharmaceutical subcontracting in the field of sterile products.

28 October 2020

"We continue to invest significantly in the areas of sterile and oncology manufacturing, with the aim to increase our technology offering, from providing services from API to finished dosage forms. In this business, customers are seeking long-term relationships, and we will support this by adding to our existing network”, said Bernard Fraisse, Founder and President of the Fareva Group.

Acquisition of two sterile production sites in France

On 9. July 2020, an agreement was reached with the Pierre-Fabre group for Fareva acquiring two pharmaceutical sterile manufacturing sites, that we expect to assume operation by year end.

The Idron site, has 200 employees with over 20 years of experience, dedicated to the manufacture of sterile injectable forms (pre-filled syringes, lyophilized and liquid filled vials). The factory  has  10 commercial lines and a pilot plant that will be operating end of 2021. The core business of the site is to handle highly potent and biologics entities.

The Saint Julien-en-Genevois site is manufacturing monoclonal antibodies (MAB’s) with state-of-the-art single use bioreactor technology. On top of clinical trials lots manufacturing, the site allows the purification and the coupling of monoclonal antibodies with high potent actives (up to OEB 6).

 

Two additional acquisition of sterile sites are under finalization

Fareva has also entered into exclusive negotiations with Merck & Co for the acquisition of the Mirabel site in France. This site will broaden the Fareva’s technology offering with its antibiotic injectable workshop. Additionally, it will allow to ensure fill and finish activities for ophthalmic products (BFS single doses) and freeze-dried products in vials. Those production capabilities are already available at the Fareva sites, Valdepharm, Fareva Amboise and Excelvision. It will provide a competitive advantage For high value therapeutic medicines: Fareva could offer two manufacturing locations, allowing Fareva’s customers to register in their market authorization dossier an additional manufacturer. This will mitigate the supply chain disruption risk for those critical drugs, which is expected by the authorities.

Furthermore, Fareva has just entered into exclusive negotiations with Novartis for the acquisition of the Unterach site, located in Austria. They are expert in high potent prefilled syringes, ampoules and lyophilized vials.

 

A broader sterile technology offering

These new acquisitions increase our technology portfolio, including into the high-potent and biologic market segments. These two categories represent the majority of the new drugs applications launched in the market over the last 5 years.

Site of Idron

  • 200 employees
  • approved by Korea, Europe, USA and Japan
  • Sterile Liquids, PFS  and freeze-dried vials
  • High potent, biologic and conventional injectables

 

Site of St-Julien-en-Genevois

  • >30 employees
  • Approved by Europe
  • Monoclonal antibodies and conjugated Monoclonal antibodies with high potent actives
  • Single use bioreactors

 

Site of Mirabel (to be finalized)

  • 350 employees
  • approved by Europe and USA
  • Antibiotic injectables
  • Sterile Liquids and freeze-dried vials
  • Ophthalmic single dose
  •  Ability to expand

 

Site of Unterach (to be finalized)

  • 500 employees
  • approved by Europe and USA
  • High Potent prefilled syringes
  • Ampoules
  • Sterile Liquids and freeze-dried vials

Fareva will continue to include to expand our capabilities and global footprint to support the development and manufacturing needs of our current and future clients.

 

About Fareva

Fareva is a family-owned company whose strength lies in its independence and is one of the world’s leading CDMO in the pharmaceuticals, cosmetics, make-up, and industrial and homecare fields. Fareva operates in 11 countries with 39 factories and accounts more than 12 000 employees with annual revenues reaching € 1,8 billion in 2019. Please come and visit us at www.fareva.com.

 

Do not hesitate to contact us for your projects at pharma@fareva.com

 

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