FRESENIUS KABI SELLS GERMAN ONCOLOGY COMPOUNDING BUSINESS
February 16, 2015Bad Homburg v.d.H.
Fresenius Kabi has sold its German subsidiary CFL GmbH to NewCo Pharma GmbH, a compounding company founded by pharmacist Michael Schill. Both companies specialize in IV oncology drug compounding.
Fresenius Kabi will remain active in compounding. In Germany the focus will be on parenteral nutrition products, an area that offers attractive growth opportunities.
In 2014, CFL had sales of €77 million. Financial terms of the transaction were not disclosed.
###
Fresenius is a global health care group, providing products and services for dialysis, hospital and outpatient medical care. In 2013, Group sales were €20.3 billion. On September 30, 2014, the Fresenius Group had 214,401 employees worldwide.
For more information visit the Company’s website at www.fresenius.com.
No comments:
Post a Comment