June 25, 2018 4:29 PM ET

Pharmaceuticals

Company Overview of Colorcon, Inc.

Company Overview

Colorcon, Inc. provides a range of pharmaceutical film coatings and pharmaceutical formulation development assistance. The company provides film coatings, excipients, polymers for controlled release, nutritional coatings, and printing inks, as well as food colorants, glazes and polishes, and confectionary inks. It serves pharmaceutical and nutritional supplement customers. The company was founded in 1961 and is based in Harleysville, Pennsylvania with locations in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Colorcon, Inc. operates as a subsidiary of BPSI Holdings Inc.

275 Ruth Road

Harleysville, PA 19438

United States

Founded in 1961

Phone:

215-256-7700

Fax:

215-256-7799

Key Executives for Colorcon, Inc.

Chief Executive Officer
Global Communication Director
General Manager for Formulation Technologies
Compensation as of Fiscal Year 2017.

Colorcon, Inc. Key Developments

Applied DNA Signs Definitive Agreements with Colorcon for Molecular Tagging in the Pharmaceutical and Nutraceutical Markets

Applied DNA Sciences, Inc. has signed a License and Cooperation Agreement and a related Supply Agreement (collectively known as the Agreements), effective March 31, 2018, with Colorcon, Inc. for the use of Applied DNA's SigNature® molecular tags in Colorcon's product offerings and access to the Company's associated authentication technologies. These Agreements follow the memorandum of understanding (MOU) announced on December 18, 2017. Under the terms of the Agreements, Applied DNA grants Colorcon exclusive worldwide right to use the Company's molecular tags and associated authentication technologies in film coatings for solid oral dosage form applications, for which Colorcon is the largest global supplier, and non-exclusive rights to use the Company's technologies in inks and colorants for SOD applications. Pursuant to the Agreements, Applied DNA will supply taggant and authentication materials to Colorcon in exchange for long-term royalties on the sale of Colorcon products incorporating the Company's molecular tags and on the sale of authentication services related thereto. Further, the first of two milestone payments is payable to Applied DNA with the signing of the Agreements. The Company will receive the second milestone payment upon initial approval by a regulatory authority for application in a SOD pharmaceutical or nutraceutical product application. The Agreements generally expire on the later of October 1, 2032 or the last expiration date of any patent licensed pursuant to the Agreements.

Applied DNA Sciences, Inc. and Colorcon, Inc. Announce Collaboration to Commercialize Product Authentication Technology for Pharmaceutical and Nutraceutical Industry

Applied DNA Sciences, Inc. and Colorcon, Inc. have entered into a technology license memorandum of understanding that combines Applied DNA’s proprietary molecular taggant and authentication technology with Colorcon’s portfolio of film coating systems, inks and color dispersions for use in solid oral dosage forms in the pharmaceutical and nutraceutical industries. This collaboration will commercialize a platform for traceability directly on dose, and is intended to significantly reduce the risks associated with counterfeit and falsified medications entering the drug supply chain. The MOU is non-binding and is expected to be followed by a definitive agreement. Colorcon has an international reputation as a pharmaceutical supplier of choice based on superior product quality and technical support, extensive regulatory assistance and reliable supply from eleven manufacturing facilities worldwide. Founded on a commitment to technology, research and development, Colorcon is always looking for opportunities to address industry challenges with leading edge products and services for the pharmaceutical market.

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