Daiichi Sankyo acquires Amcor packaging, manufacturing facility in US

The acquisition enables Daiichi Sankyo to leverage existing resources to more cost-effectively supplement its operations rather than build a new facility.

The facility is expected to be operational in the summer or early fall of 2011 and is expected to package some of company’s portfolio of marketed products, such as Benicar, Welchol and Azor.

Once the facility is operating at full capacity, it is expected to assume an increasing responsibility for packaging the entire line of marketed products in the U.S., as well as perform compounding operations for select products.

Daiichi Sankyo VP of Operations Jeff Lane said the acquisition diversifies their company’s capabilities and allows streamlining operations and minimizing commercialization risk by exerting greater control over the life cycle of products, from research and development through packaging and distribution.