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PCI Pharma Services (PCI) has completed its acquisition of Melbourne-based Pharmaceutical Packaging Professionals (PPP).

PPP provides clinical trial manufacturing, packaging, storage and distribution services, and will allow PCI to offer earlier-stage outsourcing services to its customers conducting trials in the region.

PCI is a pharmaceutical outsourcing services provider, and its acquisition plans were announced last month.

The company plans to establish PPP’s Melbourne, Victoria offices as its regional headquarters for Asia Pacific, led by the founder of PPP and current senior vice president for PCI Asia Pacific, Craig Rogers.

Australia is a preferred destination for conducting Phase 1 clinical studies, and the acquisition allows PCI to provide new services in early phase clinical sterile and non-sterile drug manufacture as well as establishes a PCI depot to serve the Asia Pacific market.

 

Food & Drink Business

Global ingredient company, Döhler, has strengthened its presence in the Australian and New Zealand food manufacturing sector with the acquisition of Melbourne-based culinary solutions specialist EzyChef. It marks the next stage in a partnership that has been building over several years.

Nestlé Germany is testing cocoa-free chocolate alternatives in its confectionery portfolio, launching a new “Snack Vibes” line under its Choco Crossies brand made using ChoViva, a cocoa-free chocolate ingredient developed by German food-tech company Planet A Foods.

The New South Wales government has awarded $1.1 million to All G through the latest round of its Biosciences Fund, and announced a new $20 million funding program to support companies developing high-tech innovations in New South Wales.