Colorcon and BASF have signed an agreement to further their cooperation in the area of pharmaceutical film coatings. As part of this agreement, BASF will sell its Kollicoat IR Coating Systems product line to Colorcon; including the current customer business, inventory and relevant know-how.

By acquiring the Kollicoat IR Coating Systems, Colorcon strengthens its existing activities with PVA-based pigmented, ready-to-use film coatings, for use on immediate release forms of pharmaceuticals and dietary supplements.

“This sale enables both companies to focus on their core competencies, and further strengthens our existing cooperation,” said Kelly Boyer, general manager coatings, Colorcon.

After final closure of the transaction all existing customers of Kollicoat IR Coating Systems will be served by Colorcon from its worldwide production facilities.