Aptar Pharma has announced the acquisition of Mod3 Pharma’s clinical trial materials manufacturing capabilities from SWK Holdings.
Mod3 Pharma was previously known as Enteris Biopharma.
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This acquisition is a strategic move aimed at strengthening Aptar Pharma’s support for the early-stage development of drugs by providing formulation, fill, and finish services for Phase I and II clinical trials, and promoting the adoption of its devices in early-stage clinical programmes.
It is said to build upon a previous partnership between the two companies, which focused on providing Phase I and II current good manufacturing practices (cGMP) fill and finish services for orally inhaled nasal drug products (OINDPs) to the customers of Aptar.
Mod3 Pharma CEO Dr Paul Shields said: “We are delighted to become part of the Aptar family. This acquisition reflects our shared commitment to accelerating the development of innovative therapies and bringing them to patients faster.”
Aptar Pharma’s expansion also aims to accelerate the adoption of new drug delivery technologies.
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By GlobalDataInitially focusing on OINDPs, there is potential for growth into other areas, such as ophthalmic, dermal, injectable, and secondary packaging solutions, using Aptar’s active material science solutions.
Aptar Pharma president Gael Touya said: “Our vision at Aptar Pharma is clear: from formulation to patient.
“By integrating Phase I and II clinical manufacturing capabilities, we’re not just expanding our technical footprint, we’re deepening our commitment to customers seeking a seamless and accelerated path to market.”
Following the acquisition, Aptar Pharma will operate a US Food and Drug Administration (FDA)-inspected facility in New Jersey, US.
The site is equipped with cGMP cleanrooms, fill-finish technologies, active pharmaceutical ingredient (API) suites, and biologics capabilities.
