United States Pharmacopeia Acquires Pharmatech Associates

United States Pharmacopeia (USP), an independent, scientific nonprofit organization, has acquired Pharmatech Associates, Inc., adding expertise to further its efforts to help ensure access to quality medicines by extending services that assist manufacturers to meet global quality standards across the drug and product lifecycle.

Pharmatech Associates and its employees will continue its day-to-day operations independent of USP.

The acquisition of Pharmatech expands USP’s capabilities to strengthen the supply chain of medicines and help manufacturers globally to solve some critical industry challenges. Pharmatech helps manufacturers satisfy global regulatory requirements to bring products to market, scale up manufacturing, effectively manage quality control, and remediate quality problems in a rapidly changing environment. 

"The drug recalls we've seen in recent years and the supply chain challenges underscored by the COVID-19 pandemic have raised concerns about ongoing quality and safety issues," said Ronald T. Piervincenzi, Ph.D., USP's Chief Executive Officer. "This announcement positions us to continue to strengthen the supply chain and extend our many years of collaborating with global regulators and manufacturers to ensure the quality of medicines as we have done with our donor-funded work and ingredient verification services for API and excipients."

"We are pleased to share with USP the goal of helping manufacturers to bring safe and effective treatments to patients who need them.  We bring a high standard of service to our clients, grounded in scientific excellence, and designed to meet the future compliance, quality, and business performance needs of the global healthcare industry," Bikash Chatterjee, CEO and Chairman, Pharmatech Associates.