Roquette Soon to Acquire IFF Pharma Solutions

Roquette Soon to Acquire IFF Pharma Solutions

By, Admin 20 March 2024

Roquette to acquire New York-based excipients producer, IFF Pharma Solutions

Overview

Roquette, a global leader in plant-based ingredients and pharmaceutical excipients, announced an agreement to acquire IFF Pharma Solutions, a worldwide producer of excipients for oral dosage solutions, to reinforce its position as a major partner to the pharmaceutical industry.

Impacts of Acquisition

The combination of the two complementary businesses will rebalance the company’s portfolio around the two pillars of health and nutrition. It will expand its pharma product range and significantly accelerate Roquette’s growth.

About IFF

  • IFF is headquartered in New York (USA). 
  • Its pharmaceutical division is a world-class producer of excipients for oral dosage solutions, with revenues of approximately $1 billion, 10 research and development and/or production sites globally, and around 1,100 employees. 
  • It has an extensive range of high-quality products, established brands and a client base of major pharmaceutical, food and nutraceutical companies around the world.

A Revolutionary Strategic Step

  • The acquisition of IFF Pharma Solutions is a transformative strategic step for Roquette. 
  • It expands its position in the attractive excipients market which benefits from strong fundamentals and outstanding growth prospects. 
  • It enhances Roquette’s US footprint, and it significantly expands its industry-leading formulation capabilities and drug delivery research and development. 
  • It turns the company into the pharmaceutical industry’s partner of choice for the development of innovative drug delivery solutions to best address current and future customer needs, and to improve patients’ lives.
  • Roquette and IFF target to close the transaction in the first half of 2025. Closing remains subject to regulatory clearance and satisfaction of other customary closing conditions.

Words from CEO: Roquette

Pierre Courduroux, Roquette CEO, said: “After last year’s acquisition of Qualicaps, today’s announcement is a decisive step in our journey to reinforce our position in the health and nutrition markets. The combination of our excipients’ expertise with IFF Pharma Solutions is a fantastic opportunity to become a true global specialist in drug delivery and oral dosage solutions. This responds to the needs of customers and patients looking for continuously better treatments. We very much look forward to welcoming IFF Pharma Solutions, and to jointly building the next chapter of our company’s growth history.”

Words from CEO: IFF

Erik Fyrwald, IFF CEO, added: “We are pleased to reach an agreement with Roquette that will support Pharma Solutions’ next chapter of growth as a trusted partner for the pharmaceutical industry. This represents a great opportunity for our team and customers. Roquette is the ideal strategic partner for IFF Pharma Solutions, with whom it has complementary portfolio and innovation capabilities, and with whom it shares a culture of operational excellence.

About Roquette

Roquette is a family-owned global leader in plant-based ingredients and a leading provider of pharmaceutical excipients. Founded in 1933, the company currently operates in more than 100 countries, through more than 30 manufacturing sites.

Optimize Your trial insights with Clival Database.

Are you exhausted from the uncertainty of trial insights pricing? Clival Database ensures the clarity in the midst of the global scenario for clinical trials to you.

Clival Database is one of the best databases that offers an outstanding number of clinical trial data in terms of 50,000+ molecules and from primary regulatory markets as well as new entrants like Indian and Chinese markets.

With Clival, you get accurate positioning of historical sales data, patent database, company profiling, safety & efficacy, and prediction of launch of new innovative molecules helping you to align your research and driving down the cost.

To add value, we further break down our analytics for you so that improving your operational effectiveness; optimizing your clinical trials; and offering you accurate and high-quality data at lowest possible prices becomes possible.

Elevate your trial success rate with the cutting-edge insights from Clival database.

Check it out today and make more informed sourcing decisions! Learn More!