Deals and Moves: Oct. 8
Drug manufacturing partnership, generics acquisition approval, employee benefits merger.
Parsippany-based DSM Pharmaceutical Products, the manufacturing and technology arm of Royal DSM, today announced it has formed a partnership with England-based drug developer Almac Group Ltd. to provide sustainable technologies for its clients to manufacture active pharmaceutical ingredients.
Drugmaker Watson Pharmaceuticals Inc., in Parsippany, announced Friday it has received approval from the European Commission for its pending acquisition of Switzerland-based generics manufacturer Actavis Group for $5.6 billion.
Employee consulting firm Benefit Sources and Solutions, in Bound Brook, announced Friday it has merged with the employee benefits arm of The Chadler Group, in Fairfield, to expand its retirement plan services for small and midsized employers.