Pharmaceutical outsourcing and contract filling services provider PCI Pharma Services (PCI) has completed the acquisition of Melbourne, Australia-based Pharmaceutical Packaging Professionals (PPP).
PPP is a leading provider of clinical trial manufacturing, packaging, storage and distribution services and allows PCI to offer earlier stage outsourcing services to its customers conducting trials in the region.
PCI plans to establish PPP’s Melbourne, Victoria offices as its regional headquarters for Asia Pacific, led by the founder of PPP and current Senior Vice President for PCI Asia Pacific, Craig Rogers.
Bill Mitchell, president and chief executive PCI Pharma Services stated: “As a leading outsourced services partner, we look for ways to better support our customers in markets where they do business. Asia Pacific, including Australia, has become an important region for clinical trials and we are focused on building upon PPP’s successes to continue to support our customers’ needs throughout the drug development lifecycle. PCI is investing to be the partner of choice for our clients as they grow, evolve, and access new markets around the world.”
The addition of PPP marks PCI’s fifth company acquisition over a five-year period.