Lipotec pharma units not included in Lubrizol takeover

Related tags Pharmaceutical drug Pharmacology

lipotec lubrizol takeover pharma Berkshire Hathaway
The takeover of peptide-based actives developer Lipotec by industrial chemicals firm Lubrizol will not include the Spanish firm’s pharma business.

The deal will see Berkshire Hathaway-owned Lubrizol​ take control of Lipotec’s cosmetics active ingredients businesses and its skin –care units Diverdrugs and Lipofoods, but not its pharma actives divisions BCN Peptides and GP Pharm.

In a press statement Lubrizol said that: “The current owners of Lipotec Group will continue their activities in the pharmaceutical and cosmetic finished goods segments​.”

BCN is a contract manufacturer focused on active pharmaceutical ingredient (API) synthesis, while fellow Barcelona-based GP Pharm develops and sells injectables using its proprietary drug delivery technology in two therapeutic areas, Urology and Oncology,

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