Dr. Michael Quirmbach, Chief Executive Officer & President of CordenPharma said, "We welcome the three sites and their employees as new members to the CordenPharma Group and look forward to working with Vifor in the future to supply Vifor Pharma's finished drug products, including to their already existing customers. The acquired pharma sites have a well-trained workforce with great cultural fit, state-of-the art infrastructure, and a strong compliance track record. This excellent opportunity aligns well with our strategy to broaden our CDMO capabilities."

The acquisition of the Vifor Pharma manufacturing sites will expand CordenPharma's capabilities and capacities in the manufacturing of non-sterile drug product dosage forms, including but not limited to, Oral Solid Dosage (OSD) forms such as tablets and capsules. With the addition of these three new facilities, CordenPharma's global network now consists of twelve locations (11 GMP sites and 1 R&D laboratory), supported by > 2,600 employees generating expected sales of over 800 Mio € in 2022.