Aussie Packager Pact Group Buys Pharma Manufacturer

Pact Group Holdings Ltd. will pay $69M for Australian Pharmaceutical Manufacturers to expand production business.

Sep 13th, 2016
APM / Photo: http://www.plasticsnews.com/
APM / Photo: http://www.plasticsnews.com/

A recent article from Plastics News divulged a newly inked deal between two Melbourne-based companies: Pact Group Holdings Ltd. and Australian Pharmaceutical Manufacturers Pty. Ltd. (APM). The deal is expected to close on September 16th with a price tag of AUD $90 million (US $69 million). The deal is the second move in Pact’s strategy to expand manufacturing capabilities; last year, they purchased Jalco Group for $80 million.

Pact Group owns roughly 70 manufacturing plants in Australia, New Zealand, China, the Philippines, and Thailand. Their production capabilities include blow, injection and compression molding, and automated assembly of plastics packaging and components.

Recyclable Blister Packs
Quick Hits: Romaco Develops First Recyclable Packaging for Solid Drugs
Push Packs are made from recyclable polyolefin laminate and they’re the first unit dose packaging of their kind.
Nov 15th, 2019
Crb 0877
PACK EXPO is Proud to Give BACK
PACK gives BACK™ raises over $30,000 for Veterans at PACK EXPO Las Vegas and Healthcare Packaging EXPO 2019
Nov 14th, 2019
Marijuana Vaping
Quick Hits: Ohio Bans Medical Marijuana Vapes Containing Vitamin E Acetate
Ohio regulators have banned the vape oil ingredient after federal health officials linked it to vaping-related lung problems.
Nov 14th, 2019
Flu Shot
Quick Hits: 10 Hospitalized After Receiving Insulin Instead of Flu Shot
Ten people at a care facility in Oklahoma were accidentally injected with insulin rather than flu shots and became unresponsive.
Nov 13th, 2019
Texas woman was listed as deceased, and couldn't get prescriptions filled.
Quick Hits: Woman Can’t Get Prescription Because She’s Deceased. Wait, What?
The Social Security Administration mistakenly listed a Texas woman as deceased, and now her pharmacy won’t honor her Medicare.
Nov 13th, 2019
Pp Az Logo H 11e10f0842
Will Amazon Change the Face of Online Pharmacies?
According to the PMMI Business Intelligence White Paper “Senior-Friendly Healthcare Packaging,” Amazon’s combined purchase of ‘PillPack’ with their joint-venture ‘Haven’ could create a “potential disruption and realignment in the healthcare industry.'
Nov 13th, 2019
The first patient to be implanted with a chip to fight opioid addiction.
Quick Hits: Can Brain Implants Help Kick Opioid Addiction?
Researchers are experimenting with a new method for fighting the opioid epidemic that involves microchips that emit electronic pulses.
Nov 11th, 2019
Pharmaceutical companies who react quickest to the packaging needs of an aging population working and living independently beyond 65 have a unique opportunity to attract long-term brand loyalty, according to the Five Senior-Friendly Improvements to Healthcare Packaging infographic released by PMMI, The Association for Packaging and Processing Technologies.
Maturing Consumers Pose Untapped Packaging Market
Pharmaceutical companies who react quickest to the packaging needs of an aging population have a unique opportunity to attract long-term brand loyalty, according to PMMI infographic and accompanying white paper.
Nov 11th, 2019
Packaging for Origin Almond’s almond juice includes an HPP-compatible 38-mm HDPE closure in the company’s signature yellow color.
Two Exceptional Brands Each Gifted with 0.5M Free Closures
A medical food for chemo/radiation patients and a low-sugar, carb, and calorie cold-pressed almond juice impress judges of Silgan Closures’ first Free Closures for a Year competition.
Nov 2nd, 2019
Bi Cosmetic Glass Packaging
Three Trends Driving the Growth of Glass Packaging for Cosmetics, Perfumes
Trends include increased consumer spending on beauty treatments, the premiumization of packaging for these markets, and the rising penetration of cosmetics and perfume in developing countries.
Nov 2nd, 2019
60% of people globally over the age of 50 have purchased products online
E-Com Expanding Convenience, Compliance and Customized Healthcare Packaging for Seniors
The convenience of online ordering, delivery and personalized packaging has the added benefit of increasing senior compliance with medications.
Nov 8th, 2019
3D Printed Skin
Quick Hits: They Can Now 3D-Print Living Skin
Scientists have developed a way to 3D print living skin, and it could revolutionize the way we create skin grafts.
Nov 8th, 2019
Medical Marijuana
Quick Hits: Recreational vs. Medical Cannabis in States That Have Both
Here’s a look at how the legalization of recreational cannabis has affected pre-existing medical marijuana markets.
Nov 8th, 2019
The BM2030-PC Medical Tray Sealer was awarded with a PMMI Technology Excellence Award at PACK EXPO Las Vegas 2019.
Medical Tray Sealing: PC-Based Control Systems and New Belt Actuator Offer Precision
Push-to-start medical tray sealer from Belco Packaging Systems, Inc. minimizes material waste, maximizes package quality and improves operator safety.
Nov 6th, 2019
Jen Krepelka led in-house team in creating the new sites
PMMI Media Group’s redesigned websites offer an enhanced UX and behind-the-scenes efficiencies
PMMI Media Group launched newly designed websites for all of their business-to-business titles this year.
Nov 7th, 2019
UPS and CVS partner for first residential drone deliveries for prescription medicines.
CVS and UPS Complete Their First Prescription Drone Delivery to Customers
The Nov. 1 flights included a delivery to a patient with limited mobility. Will the service boost much-needed healthcare access for rural communities?
Nov 7th, 2019
Oligomannate
Quick Hits: China Approves World’s First New Alzheimer’s Drug in 20 Years
In clinical trials, Oligomannate proved effective in treating mild to moderate forms of the disease and may improve cognitive function.
Nov 7th, 2019
Eric Greenberg
Changes in Homeopathic Drugs Lead FDA to Change Policy
Attention, homeopathic drug packagers: The Food and Drug Administration has a new attitude toward you.
Nov 6th, 2019
Zantac
Quick Hits: FDA Says Zantac Doesn’t Form Carcinogens in Patients
The Food and Drug Administration’s tests indicate that the popular heartburn drug does not cause carcinogens to form in users.
Nov 5th, 2019
Stephen Hahn
Quick Hits: Trump Nominates Stephen Hahn to Run FDA
Hahn is an oncologist and the chief medical officer of MD Anderson Cancer Center in Houston, TX.
Nov 4th, 2019
More in Home
Getty Images 71446261
OEMs See Opportunity in Senior-Specific Healthcare Packaging
Automation and standardization are two areas that OEMs can develop for the growing senior healthcare packaging market, according to the 2019 PMMI Business Intelligence White Paper “Senior-Friendly Healthcare Packaging.”
Nov 5th, 2019
Untitled
PMMI Announces Second Annual On the Rise Award Winners
Leadership Award Recognizes 12 Young Professionals to Watch in Packaging and Processing
Nov 5th, 2019
Hulio wins PDA award for device innovation.
PDA’s First Drug Delivery Innovation Award Winners at 2019 Universe of Pre-Filled Syringes and Injection Devices Conference
One award winner includes a thinner needle to reduce injection pain, while a partnership resulted in a precise microliter dosing syringe.
Nov 4th, 2019
FDA recalls generic Xanax
Quick Hits: FDA Recalls Generic Xanax
A potential contaminant led to the nationwide recall of a batch of alprazolam, a generic form of Xanax.
Oct 31st, 2019
Firm Wins Guinness World Record for Medical Device
Quick Hits: Firm Wins Guinness World Record for Medical Device
OmniVision created the smallest commercially available image sensor designed for use in catheters and endoscopes.
Oct 31st, 2019
Tourist Attraction Thermal Camera Spots Breast Cancer
Quick Hits: Tourist Attraction Thermal Camera Spots Breast Cancer
A Scotland woman learned she had breast cancer after noticing a hot spot on a thermal camera image at a tourist attraction.
Oct 31st, 2019
Multi-Functional Equipment & Changeovers were discussed at Vision 2025 at PACK EXPO Las Vegas
Packaging Professionals Talk Shop at PACK EXPO Las Vegas
Early morning shirtsleeves “Vision 2025” sessions tackled asset reliability, writing better requests for proposal, and multi-functional equipment and changeovers.
Oct 30th, 2019
Stevanato Inspection
Competitive Drugs Demand Innovative Delivery Device
Vial and syringe might be fine if you’re the only game in town. But as competition grows, so does the demand to make drug delivery easier and more convenient for patients. In many cases, your best bet is to partner for that innovation.
Oct 29th, 2019
About Us: Healthcare Packaging
Oct 28th, 2019
FDA Comments on Potential Device Shortages in the Face of ETO Facility Interruptions/Closures
FDA Comments on Potential Device Shortages in the Face of ETO Facility Interruptions/Closures
Acting Commissioner Sharpless: “…in addition to our shortage mitigation efforts, we have also been addressing the broader need for innovation and improvements to medical device sterilization techniques in general.”
Oct 25th, 2019
Activ-Blister Packaging / Image: Aptar
FDA Approves Activ-Blister™ Packaging for HIV Drug
The FDA has approved AptarGroup’s packaging solution for oral solid dose HIV prevention medicine.
Oct 25th, 2019
Holographic foils can be used to great effect to differentiate product at the point-of-sale.
Using Holography to Fight Pharmaceutical and Healthcare Brand Piracy
Column: New trends in pharma packaging follow developments in emerging markets, demographic changes and new technologies that include holography, says chairman of the International Hologram Manufacturers Association.
Oct 24th, 2019