Patheon, Merck expand contract manufacturing agreement

Patheon (TSX: PTI), a global provider of drug development and manufacturing services to the international pharmaceutical industry, announced today that it has signed an expanded contract manufacturing agreement with Merck & Co., Inc. (known as MSD outside of the U.S.A. and Canada).

"We have developed a great partnership with Merck and are very pleased that they have chosen to expand it with this contract manufacturing agreement," said Wes Wheeler, Chief Executive Officer and President of Patheon Inc. "We are 100 percent focused on being the best service provider to our clients. This expanded contract with Merck validates that we are making great progress towards meeting this goal."

The expanded agreement solidifies Patheon as a key preferred supplier to Merck. Patheon's projects and services will be delivered to Merck from eight of Patheon's global facilities.