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LSL Pharma Group Inc. completes acquisition of Virage Santé to expand contract development and manufacturing activities

PRIVATEJun 18, 2024

Acquiring Company

LSL Pharma Group

Acquired Company

Virage Santé

BouchervilleLévisManufacturingBiotechnologyHealth CarePharmaceuticalDietary SupplementsManufacturingHealth Care

Description

LSL Pharma Group Inc., a Canadian integrated pharmaceutical company, has successfully completed the acquisition of Virage Santé, a company specializing in the manufacturing and marketing of natural health products (NHPs) based in Lévis, Quebec. This acquisition will increase LSL Pharma's contract development and manufacturing activities, create synergies with its subsidiary LSL Laboratory Inc., and contribute to boosting LSL Pharma`s revenues by 15-20% annually, as well as broadening its client base.

Quick answer

LSL Pharma Group is acquiring Virage Santé, announced June 18, 2024. LSL Pharma Group is based in Boucherville, Quebec, Canada.

How much did LSL Pharma Group pay for Virage Santé?
The deal value was not disclosed.
What does LSL Pharma Group do?
LSL Pharma Group Inc. is a Canadian integrated pharmaceutical company specializing in the development, manufacturing and commercialization of high-quality sterile ophthalmic pharmaceutical products, as well as..
Where are LSL Pharma Group and Virage Santé based?
LSL Pharma Group is based in Boucherville, Quebec, Canada. Virage Santé is based in Lévis, Quebec, Canada.
Who are the decision-makers at LSL Pharma Group?
Fundz holds 1 contact at LSL Pharma Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

LSL Pharma Group

Location

Boucherville, Quebec, Canada

About

LSL Pharma Group Inc. is a Canadian integrated pharmaceutical company specializing in the development, manufacturing and commercialization of high-quality sterile ophthalmic pharmaceutical products, as well as pharmaceutical, cosmetic and natural health products in solid, semi-solid and liquid dosage forms. . Leveraging its technical expertise, certified facilities, and experienced team, LSL Pharma delivers high-quality solutions that meet the highest industry standards. The companies that are part of the LSL Pharma Group are Steri-Med Pharma Inc., Laboratoire LSL Inc., Virage Santé Inc., Dermolab Pharma Ltd. and Laboratoire Du-Var Inc.

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Frequently asked

Who acquired Virage Santé?

Virage Santé was acquired by LSL Pharma Group, based in Boucherville. The deal was reported on June 18, 2024. LSL Pharma Group Inc. LSL Pharma Group is privately held and operates in Manufacturing.

When did LSL Pharma Group acquire Virage Santé?

LSL Pharma Group's acquisition of Virage Santé was reported on June 18, 2024. LSL Pharma Group Inc., a Canadian integrated pharmaceutical company, has successfully completed the acquisition of Virage Santé, a company specializing in the manufacturing and marketing of natural health products (NHPs) based in Lévis, Quebec. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Virage Santé do?

Virage Santé is a company specializing in the manufacturing and marketing of natural health products (NHPs). It is privately held, operating in Manufacturing, and is based in Lévis.

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