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Pharma Tech Outlook | Monday, September 13, 2021
Ardena acquires Idifarma, a major Contract Manufacturer of specialized and highly potent generic and novel drugs.
FREMONT, CA: Ardena, a leading pharmaceutical Contract Development and Manufacturing Organization (CDMO), has acquired Idifarma, a major Contract Manufacturer of specialized and highly potent generic and novel drugs.
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Ardena's aim to become a top global CDMO, providing integrated solutions throughout the pharma development lifecycle, will be backed by the takeover from Suanfarma, which includes expansion all over Southern Europe.
Idifarma, established in Pamplona, Spain, provides a comprehensive variety of pharmaceutical services, including formulation, analytical, and manufacturing for highly potent drugs. Its features include a platform for a faster route to the clinic and cutting-edge spray-drying methods to solve solubility problems.
Idifarma, which was founded in 2001 and is supported by Sodena, today employs 120 workers.
Harry Christiaens, CEO of Ardena, commented: "At Ardena, our goal is to become a single source contractor offering an integrated set of services to meet chemical, pharmaceutical and bio-analytical needs that arise throughout the clinical supply chain, from lab to patient. This is the main driver of our M&A strategy. We're delighted to welcome Idifarma who share the science-led approach needed to deliver valuable and integrated solutions for our biopharma customers globally. The combination of Idifarma and Ardena will also create potential to accelerate growth at the Pamplona facility."
Commenting on the acquisition, Francisco Fernandez, CEO of Suanfarma, added: "Idifarma has been a successful division within Suanfarma for 5 years. However, Suanfarmas strategy is increasingly focused on growing our exposure to ingredients for the pharmaceutical and nutraceutical industries. As a result, Idifarma is no longer core to our strategy, and it therefore makes sense for us to dispose of the business to a group capable of maximizing its future potential."
"Joining Ardena enables us to better serve our customers with broader services covering API, Drug Product, regulatory CMC, and bioanalysis requirements. With complementary services and shared experience, were delighted to partner with Ardena, to consolidate our leading position in drug development and clinical supply services," explains Alfredo Gomez, CEO of Idifarma.
Harry Christiaens (Ardena) continues: "The Idifarma acquisition expands our pharmaceutical technology footprint, positioning Ardena to capitalize on the
emerging biotech segment and broader pharmaceutical market. In partnership with GHO Capital, we will continue to focus on both organic growth and acquisition opportunities to create an internationally recognised drug development company."
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