July 21, 2017 10:10 PM ET

Life Sciences Tools and Services

Company Overview of AlbyPharma

Company Overview

AlbyPharma, a contract manufacturing organization, produces and supplies generic medicines. It produces antibiotics in various forms that include film coated tablets, hard gelatine capsules, and powders for reconstitution; and solid dosage form tablets. The company supplies products to various markets in Europe and the United States. AlbyPharma was formerly known as Suir Pharma Ireland Limited and changed its name to AlbyPharma in January 2017. The company was founded in 1970 and is based in Clonmel, Ireland. As of June 22, 2015, AlbyPharma operates as a subsidiary of IQ PharmaTek Limited.

Old Waterford Road

Gurtnafleur

Clonmel,  E91 CD92

Ireland

Founded in 1970

Phone:

353 52 617 9999

Key Executives for AlbyPharma

Managing Director-Chief Executive Officer
Financial Controller
Compensation as of Fiscal Year 2017.

AlbyPharma Key Developments

Suir Pharma's Site And Manufacturing Facility In Clonmel For Sale

Stada Production Ireland Limited (Suir Pharma Ireland) is insolvent and is to be wound up. At the High Court, the company cited sustained and irreversible losses of €4.9 million during the 15 months before March 2015, and a large drop in sales in the US market late last year, for its difficulties. It projects further losses in 2016 and 2017. Justice Michael Twomey said he was satisfied to appoint insolvency practitioner Michael McAteer of Grant Thornton as provisional liquidator of the company. McAteer would also accelerate the process of locating potential buyers for the company's site and manufacturing facility in Clonmel, counsel added.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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