DPT Acquires Meda’s Lakewood, NJ FacilitiesBy
DPT Laboratories, a contract development and manufacturing organization with a specialized focus on semi-solid and liquid dosage forms, has acquired Meda Pharmaceuticals' Lakewood, New Jersey facilities. The acquisition allows DPT to expand its footprint in Lakewood by adding two buildings totaling 90,000 square feet of space, which include additional cold storage and a larger analytical laboratory.
As part of the acquisition, DPT will also absorb Meda Pharmaceuticals' employees to continue the manufacturing of MUSE (alprostadil), an urethral suppository product. Meda Pharmaceuticals Inc. is the US subsidiary of the Solna, Sweden-based pharmaceutical company Meda AB.
DPT's current Lakewood location is one of the company’s established Centers of Excellence. This center provides aseptic processing suites and filling equipment for small-volume parenterals, ophthalmic preparations, preservative-free nasal sprays and sterile ointments.