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Catalent

Catalent
Leadership team

Mr. John R. Chiminski (Exec. Chair of the Board)

Mr. Alessandro Maselli (CEO & Director)

Mr. Thomas P. Castellano (Sr. VP & CFO)

Products/ Services
Biotechnology, Pharmaceutical, Supply Chain Management
Number of Employees
1,000 - 20,000
Headquarters
Somerset, New Jersey, United States
Established
2007
Company Registration
SEC CIK number: 0001596783
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
CTLT
Social Media
Overview
Location
Summary
Catalent, Inc., together with its subsidiaries, develops and manufactures solutions for drugs, protein-based biologics, cell and gene therapies, and consumer health products worldwide. The Softgel and Oral Technologies segment provides formulation, development, and manufacturing services for soft capsules for use in a range of customer products, such as prescription drugs, over-the-counter medications, dietary supplements, unit-dose cosmetics, and animal health medicinal preparations. The Biologics segment provides biologic cell-line; develops and manufactures cell therapy and viral based gene therapy; formulation, development, and manufacturing for parenteral dose forms, including vials, prefilled syringes, vials, and cartridges; and analytical development and testing services. The Oral and Specialty Delivery segment offers formulation, development, and manufacturing across a range of technologies along with integrated downstream clinical development and commercial supply solutions. This segment also offers oral delivery solutions platform comprising pre-clinical screening, formulation, analytical development, and current good manufacturing practices services. The Clinical Supply Services segment offers manufacturing, packaging, storage, distribution, and inventory management for drugs and biologics, and cell and gene therapies in clinical trials. The company also offers FlexDirect direct-to-patient and FastChain demand-led clinical supply services. It serves pharmaceutical, biotechnology, and consumer health companies; and companies in other healthcare market segments, such as animal health and medical devices, as well as in cosmetics industries. The company was incorporated in 2007 and is headquartered in Somerset, New Jersey.
History

Before 2007

In 1996, Cardinal Health acquired PCI . PCI is a pharmaceutical contract packing service for commercial and clinical packaging.In 1998, Cardinal Health acquired R.P. Scherer Corporation . Robert Pauli Scherer founded the R.P. Scherer Corporation to commercialize his innovation of softgel encapsulation using the rotary die production process. The following year, in 1999, Cardinal Health acquired Automatic Liquid Packaging, Inc. , whose Blow-Fill-Seal Technology allowed Cardinal to enter the sterile product market.In 2002, Cardinal Health acquired Magellan Laboratories Inc., a company that specialized in product development expertise. In 2003, Cardinal Health acquired Gala Biotech . In the same year, Cardinal Health also acquired Intercare Group PLC, broadening its global capabilities in Europe.From 2004 to 2006, Cardinal Health further expanded its reach in biotechnology and pharmaceutical markets through multiple acquisitions.

Formation of Catalent in 2007

In 2007, the pharmaceutical technologies and services segment of Cardinal Health was purchased by Blackstone Group and re-branded as Catalent Pharma Solutions.

After 2007 and initial public offering

In 2012, Catalent acquired Aptuit, a clinical supply company. As part of the deal, Catalent gained three sites in the US, two in the UK, and one in Singapore. Catalent also acquired all remaining shares for the R.P Scherer site in Eberbach, Germany. In 2013, Catalent continued the global expansion of its Softgel capabilities through a joint venture with Zhejiang Jaing Yuan Tang Biotechnology Co, a China-based company, and Relthy Laboratories in Brazil.Catalent announced its initial public offering in July 2014. After raising more than $870 million, Catalent became a publicly traded company on the New York Stock Exchange . The company priced its 42.5 million shares of common stock at $20.50 apiece, with a market capitalization of $2.4 billion. The shares began trading on the NYSE on 31 July 2014, under the ticker symbol CTLT.In November 2014, Catalent announced it had acquired Micron Technologies, a provider of particle size engineering technologies. The acquisition allowed Catalent to expand its portfolio of drug delivery technologies.In 2016, Catalent licensed the anti-body drug conjugate to Triphase Accelerator to help with oncology development, and bought Pharmatek Laboratories to add spray drying to their manufacturing capabilities. In September 2017, Catalent agreed to acquire Cook Pharmica for $950 million, allowing Catalent to expand their biologic manufacturing. In July 2018, Catalent extended their work with Juniper Pharmaceuticals with a $133 million deal.Alessandro Maselli was appointed as president and chief operating officer in 2019, a newly created position within Catalent. In March, 2019, Catalent invested more than $27 million to commercialize Zydis Ultra. The investment includes new Zydis lines; changes to one of their facilities in Swindon, UK; and a custom suite for commercial equipment. Later in 2019, Catalent partnered with GB Sciences to develop a cannabinoid-derived medicine for Parkinson's disease utilizing the Zydis delivery method.In April 2019, Catalent agreed to acquire Paragon Bioservices Inc for $1.2 billion to expand its gene-therapy manufacturing capabilities. The deal was completed in May 2019 and included an agreement with Sarepta Therapeutics, a gene therapy manufacturer. As of October 2019, Paragon's employee numbers have almost doubled since the April acquisition.In June 2019, Catalent acquired Bristol-Myers' European launch pad to expand its global CDMO.In January 2020, Catalent purchased a manufacturing facility located in Anagni, Italy, from Bristol-Myers Squibb, to manufacture and package biologic and oral solid dose products for multiple companies. In February 2020, Catalent agreed to acquire MaSTherCell, a Belgian gene and cell therapy manufacturer, for $315 million. The acquisition allows Catalent to expand into cell therapy development.In 2020, Catalent partnered with multiple drugmakers, including Pfizer, Johnson & Johnson, AstraZeneca, and Moderna to provide manufacturing, vial filling and packaging capabilities for COVID-19 vaccine candidates. In the partnership with AstraZeneca, Catalent will provide manufacturing from its Maryland facility and vial filling and packaging from its Italian facility. Catalent also partnered with ViralClear to manufacture a COVID-19 treatment candidate at Catalent's St. Petersburg facility. Also in 2021, Catalent acquired German gene therapy development firm Rheincell Therapeutics.In August 2021, Catalent announced plans to acquire nutritional supplement company Bettera Holdings LLC for $1 billion. The deal will allow Catalent to manufacture vitamins, minerals and supplements in gummy form.In October 2021, Catalent opened a 6,000 square-meter clinical supply facility in Shiga, Japan.In October 2022, Catalent announced a $12M expansion at a Kansas City, MO facility.

Mission
Our MISSION is to develop, manufacture and supply products that help people live better, healthier lives.
Vision
Our VISION is to be the world’s most trusted, reliable and innovative drug development and delivery partner by upholding the highest industry standards and exceeding customer expectations while driving strong, sustained growth for the company.
Key Team

Mr. Steven L. Fasman Esq. (Exec. VP, Corp. Sec. & Chief Admin. Officer)

Dr. Aristippos Gennadios Ph.D. (Group Pres of Pharma & Consumer Health Segment)

Mr. Ricky Hopson (Pres & Division Head for Clinical Devel. and Supply)

Mr. Charles Lickfold (Sr. VP & Chief Information Officer)

Ms. Karen Murphy Santiago (VP & Chief Accounting Office)

Mr. Julien Meissonnier (VP & Chief Scientific Officer)

Mr. Paul Surdez (VP of Investor Relations)

Recognition and Awards
Catalent has been named Best Global Pharma Outsourcing Provider by Life Sciences Leader magazine for nine consecutive years from 2011 to 2019 and has earned numerous other honors throughout its history.
References
Catalent
Leadership team

Mr. John R. Chiminski (Exec. Chair of the Board)

Mr. Alessandro Maselli (CEO & Director)

Mr. Thomas P. Castellano (Sr. VP & CFO)

Products/ Services
Biotechnology, Pharmaceutical, Supply Chain Management
Number of Employees
1,000 - 20,000
Headquarters
Somerset, New Jersey, United States
Established
2007
Company Registration
SEC CIK number: 0001596783
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
CTLT
Social Media