Dear Pharmalucence Customer:

It is my pleasure to announce to you that Pharmalucence has been acquired by Sun Pharmaceuticals (www.sunpharma.com), a world leader in the development and marketing of generic drugs.

Pharmalucence chose to join the Sun Pharma family of companies to accelerate our growth and diversification. Combining our advanced parenteral production capabilities and Nuclear Medicine product
line with Sun Pharma’s extensive experience, resources and global presence in generics will take Pharmalucence’s business development much further, in less time, than could have been achieved under our previous private ownership.

As a Pharmalucence customer, you will have no disruption from this ownership transition. Our people, our products and our business will continue to operate as in the past, but from within the larger Sun
Pharma company. Continued investment in our nuclear medicine business, including development of new products and expansion into international markets, is planned. In addition, expansion of Pharmalucence’s advanced drug production platform will be implemented, further enabling the
manufacture of existing and new injectable pharmaceuticals for the U.S. market.

There is one change in business plan related to our new ownership. With our integration into the larger Sun Pharma drug production network, Pharmalucence has fully subscribed its production capacity and will not seek additional Contract Production customers. Ongoing support of existing Contract Production customers will continue to be an important part of our business operations.

Thank you for your business and continued support. We look forward to the next phase in Pharmalucence’s development as a Sun Pharma company and our ongoing relationship with you. If you have any questions regarding this news, please don’t hesitate to contact us.

Sincerely,

Glenn Alto Vice President and General Manager Pharmalucence Inc., a Sun Pharma company

Pharmalucence has achieved a significant milestone on its way to bringing its new aseptic drug production facility in Billerica, MA into full operation.  On April 29, we submitted our DMF, a comprehensive description of facility equipment, operations and validation, to the FDA.  This step will be followed by submission of our Prior Approval Supplement (PAS) for transfer of the production of our Sulfur Colloid kit to the new facility.  The PAS submission will trigger an FDA inspection as the last step toward final approval.  This inspection is anticipated within four months from the time of our sending the PAS.  Assuming an acceptable FDA inspection, Pharmalucence expects to begin drug manufacturing at the Billerica, MA site in early Q4 of this year.

If you are a parenteral drug manufacturing professional, please contact us to learn more about this complimentary two-day conference hosted by Bosch Packaging Technology, Pharmalucence and other industry sponsors. The purpose of the conference is to further the understanding of the issues and technologies associated with aseptic pharmaceutical manufacturing. 

The conference will include presentations from industry experts and case studies of real world applications. We will also encourage peer to peer group discussions of the issues affecting the industry today.

There will be networking opportunities throughout the event and a half day tour of the Pharmalucence facility on the second day providing additional opportunities for knowledge sharing. Topics will include:

  • Relevant Industry case studies
  • Regulatory issues: the changing landscape
  • New facility design: what do you 
    need to know?
  • Risk mitigation: best practices
  • Build or outsource?
  • Future industry trends
  • Single use technology in the final fill process

For more information, see our Event web site: http://goo.gl/YuuTp

Waltham, MA – The Massachusetts Life Sciences Center announced today that the Center’s Board of Directors has awarded $21.2 million in tax incentives to 28 life sciences companies. The recipient companies have committed to creating more than 940 new jobs in the Commonwealth this year.

The Life Sciences Tax Incentive Program, established in 2008 as part of the state’s ten- year, $1 billion Life Sciences Initiative, authorizes up to $25 million in tax incentives each year for companies engaged in life sciences research and development, commercialization, and manufacturing. The primary goal of the program is to incentivize life sciences companies to create new sustained jobs in Massachusetts.

The Life Sciences Act provides for ten different incentives, which address the significant capital expenditures associated with the life sciences R&D cycle and the high costs of translating research into commercially viable products. This is the third year that incentives have been provided under the program. Twenty-nine (29) companies have active tax incentive awards totaling $38.5 million awarded in 2009 and 2010. Those companies created a total of 1,588 jobs after receiving their tax incentives (1,106 of which were created by the companies under the Program).