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Sirio Pharma Adopts Global Manufacturing Strategy Post Best Formulations Acquisition

CapsCanada
 
K2VITAL®

Sirio Pharma (China) has announced the adoption of a new “think globally and act locally” manufacturing strategy.  This Sirio“globally local” strategy empowers international companies with the option of local manufacturing completed in Asia, Europe and North America, according to the company. Sirio Pharma said that is thrilled to better serve its global customers with the acquisition of Best Formulations, a U.S.-based contract manufacturer, enabling Sirio Pharma to expand its services in North America and beyond.

The company said that its new “think globally and act locally” manufacturing strategy allows it to provide local manufacturing in each region while still serving customer needs globally. “Our key customers are companies that  operate all over the world and we can now offer  the ability to serve all their needs globally with local manufacturing in each region,” said Doug Brown, vice president of Americas at Sirio Pharma and chief commercial officer for Best Formulations, stated.

In addition to offering local manufacturing on three different continents, Sirio Pharma said that it can now provide North American customers with end-to-end cross-border services, from manufacturing to export, packaging, distribution, and full channel access into the fast-growing China market.

Sirio Pharma acquired Best Formulations in January 2023 as a key part of its globalization strategy, with plans for significant investments soon. The company said that it intends to expand its gummy production and personal care capabilities at its California sites to better serve its customers and drive gummy innovation.

“We’re incredibly excited about the R&D synergies between Sirio and Best Formulations,” said Eugene C. Ung, executive manager of Best Formulations. “This partnership, with combined resources and experience, will drive gummy innovation, creating exciting new opportunities for every brand and consumer.”

For more information, visit www.siriopharma.com.

CapsCanada
 
K2VITAL®