Sterigenics International said today that it has changed the name of its parent company to Sotera Health, with Nelson Labs, Nordion and Sterigenics as Sotera’s three operating companies. The new name drew its inspiration from the name of the Greek goddess of safety, Soteria, and is meant to reflect the company’s commitment to global health. […]
Sterigentics International is seeking to turn its Nelson Labs business into a global extractables and leachables lab testing platform through its acquisition of Toxikon’s European division. The purchase of Toxikon Europe, announced yesterday, represents a capabilities expansion when it comes to serving the pharmaceutical and medical device industries. Sterigenics’s Nelson Labs business will now offer Toxikon […]
Noxilizer and Sterigenics said today they inked a global trade agreement which will position Sterigenics as the exclusive provider of Noxilizer’s nitrogen dioxide contract sterilization services and feasibility and research studies for pharma, biotech and med device firms. Baltimore, Md.-based Noxilizer said it expects to have the 1st NO2 sterilization systems operational at Sterigenics facilities […]
Novartis pharma head Epstein steps away, most recent loss in string of top-level turnovers Novartis (NYSE:NVS) is facing an upheaval in its top management, seeing 7 departures over the last 5 months as shares fell 25% since last July. Last week, Novartis pharmaceuticals head David Epstein quit as his division was split up. Earlier in the month, U.S. […]
Sterigenics International LLC, a provider of contract sterilization, gamma technologies and medical isotopes, and a portfolio company of Warburg Pincus and GTCR, announced expansion at their Wiesbaden, Germany location. The expansion will increase ethylene oxide processing capacity by 20 percent and allow for additional future capacity expansion of an additional 20 percent. Construction will be completed […]
Sterigenics said yesterday it picked up microbiology testing service provider Nelson Laboratories for an undisclosed amount. Salt Lake City, Utah-based Nelson Labs provides microbiology testing services for the medical device, pharmaceutical and tissue industries and employs 570 individuals, including 300 scientists and 60 registered specialist microbiologists. “This is a significant strategic acquisition to help build out […]
Sterigenics said yesterday it purchased Brazilian sterilization firm Companhia Brasileira de Esterilização. The Latin American company is the largest sterilization and microbial load reduction firm in the region and the first to use gamma sterilization in Brazil, according to Sterigenics. “This strategic geographic acquisition demonstrates our commitment to expanding our global footprint in order to […]
Private equity firm Warburg Pincus acquired a majority stake in contact sterilization provider Sterigenics International, according to GTCR, which bought the company in 2011.
Nordion‘s stock came off the Toronto Stock Exchange this week after Sterigenics put a ribbon on the $826 million acquisition.