Breaking News

Frazier Healthcare Completes AndersonBrecon Acquisition

Will operate as PCI

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Frazier Healthcare and Packaging Coordinators, Inc. (PCI) have completed the acquisition of pharma packager AndersonBrecon from its parent company AmerisourceBergen Corp. AndersonBrecon will merge with and operate as Packaging Coordinators, Inc. (PCI).
 
“We are extremely excited to bring the experience of the AndersonBrecon team to propel our national presence and establish a European footprint for PCI,” said Bill Mitchell, PCI president and chief executive officer. “PCI has been on an aggressive growth track in the last year, focused on providing customers with quality resources and packaging solutions. We will now have a combined operating space of approximately two million square feet, more than 140 commercial and clinical packaging suites, and operations in both the U.S. and UK with over 2,000 associates. Combined, we will now package product for 19 of the top 20 global pharmaceutical/biotechnology companies.”
 
“We are extremely pleased to complete this transaction and look forward to providing industry leading quality and service under the leadership of Bill Mitchell and a terrific combined management team,” said Nathan Every, Frazier Healthcare general partner and PCI board member.

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters