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Kabi Awaits Melrose Park Fate As mAbxience Deal Closes

€455m Deal For 55% Stake In Biosimilars Business Closed 1 August

 
• By Dean Rudge

Fresenius Kabi is pressing on with its ‘Vision 2026’ strategic growth initiatives, with the company wrapping up its acquisition of Insud Pharma’s bio unit mAbxience. However, it remains “to some degree output constrained,” which looks set to continue to impact operations, amid staff shortages.

NicoElNino/Alamy Stock Photo
Kabi now holds a 55% stake in mabxience • Source: Shutterstock (NicoElNino / Alamy Stock Photo/Alamy Stock Photo)

Fresenius Kabi’s large-scale sterile injectables plant in Melrose Park near Chicago, which was in 2020 the recipient of multiple Form 483 deficiencies, has received its long-awaited US Food and Drug Administration inspection, the German firm has confirmed.

“We expect feedback over the course of the third quarter,” the Fresenius group CEO Stephan Sturm told investors during the

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• By Dean Rudge

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