ANI Plans To Shutter Oakville Plant By Q1 2023

Action Part Of Ongoing Efforts To Consolidate Manufacturing Network

ANI Pharmaceuticals has announced the closure of its Oakville, Ontario manufacturing plant, a move which is expected to save the firm $7m to $8m.

ANI Pharmaceuticals Canada head office in Oakville
ANI is now seeking to sell its Oakville facility • Source: Shutterstock

Operations at ANI Pharmaceuticals’ manufacturing plant in Oakville, Ontario, are expected to cease by Q1 2023 as part of ongoing initiatives to “capture operational synergies” following the company’s acquisition of niche generics firm Novitium Pharma.

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