Colorcon Acquires Indian Coatings Business

Colorcon, Inc. has acquired India-based Pharmaceutical Coatings Pvt. Ltd., which includes the company’s full product portfolio and a new facility in Goa that is currently under construction. The acquisition adds to Colorcon’s existing range of tablet film coatings for pharmaceutical solid oral dose development.

The acquisition brings Tabcoat TC, an organic, hydro-alcoholic, or aqueous solvent system that can be adjusted to meet customer needs, and the nature of the active ingredient in the formulation.

Jean-Claude Deneuville, president of Colorcon, Inc., commented, “We are excited about this opportunity to expand our film coating offering. The acquisition broadens and strengthens our ability to respond to the specific needs of companies in the fast growing Asia/Pacific region. We will ensure the same high quality level of expertise, technical service, production and logistics support for these products that our customers have come to expect from Colorcon.”