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DSM and JLL create $2-billion pharma services firm DPx

1:24 AM MDT | March 12, 2014 | Deepti Ramesh

DSM and private equity firm JLL Partners (New York) say that they have created DPx Holdings, a new privately held company, by combining DSM Pharmaceutical Products (Parsippany, NJ), the custom manufacturing and technology business of DSM, with Patheon (Toronto), a portfolio company of JLL. DSM and JLL first announced plans to create the new company in November 2013. DPx, which is a leading global contract development and manufacturing organization (CDMO) for the pharmaceutical industry with anticipated annual sales of about $2 billion and more than 8,000...

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