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Avista Pharma Solutions Announces Facility Expansion in Agawam, Mass.

Avista Pharma, a portfolio company of Ampersand Capital Partners, is a contract testing, development and manufacturing organization (CDMO) encompassing over 200,000 square feet of laboratory and manufacturing space across three locations (Agawam MA, Durham NC and Longmont CO), providing pharmaceutical, animal health and medical device clients a broad suite of scientifically-differentiated services ranging from early stage API and Drug Product discovery, development and cGMP manufacturing to stand-alone...

News provided by

Avista Pharma Solutions, Inc.

May 24, 2016, 08:18 ET

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AGAWAM, Mass., May 24, 2016 /PRNewswire/ -- Avista Pharma Solutions, Inc. ("Avista Pharma") has initiated a significant expansion and enhancement of its contract testing facility in Agawam, Mass. This facility offers Microbiology and Analytical Chemistry testing services as well as Cleanroom services (supporting environmental monitoring, qualification and certification) and has been dedicated to providing these best-in-class services to the pharmaceutical and medical device industries for over 25 years.

Expansion of the 26,000-square-foot facility includes a new microbiology laboratory equipped with isolator technology for sterility testing and expansion of the analytical footprint along with a laboratory support area with new autoclaves and glassware washers. The capital investment supports Avista Pharma's commitment to superior quality testing services and will further support the comprehensive service offerings at the facility. These services include raw material and finished product release testing, ICH stability and storage, container closure integrity testing (CCIT), water system testing and validation, cleanroom monitoring and risk assessments, microbial identification via both MicroSEQ®ID (rapid 16S rDNA sequencing) and Vitek®MS (MALDI-TOF), mycoplasma testing, Antimicrobial Effectiveness Testing (AET), Microbial Enumeration Testing (MET), endotoxin and bioburden testing and disinfectant efficacy qualifications. The new sterility testing via isolator technology adds to the expanding service offerings for pharmaceutical manufacturing clients with facility expansion expected to be completed by June, 2016.

"We remain committed to providing best-in-class Microbiology, Analytical Chemistry and Cleanroom services," said Patrick Walsh, Chief Executive Officer of Avista Pharma. "This expansion will complement our existing capabilities and will expand our industry-leading services for pharmaceutical and medical device clients."

Mr. Walsh continued, "Our significant investment in new capabilities, along with strong growth in our core business, have enabled Avista Pharma to rapidly expand its service offerings. This latest capital investment is part of our ongoing strategic plan to offer a full range of scientifically-differentiated services to our pharmaceutical, animal health and medical device clients."

About Avista Pharma Solutions, Inc.

Avista Pharma, a portfolio company of Ampersand Capital Partners, is a contract testing, development and manufacturing organization (CDMO) encompassing over 200,000 square feet of laboratory and manufacturing space across three locations (Agawam MA, Durham NC and Longmont CO), providing pharmaceutical, animal health and medical device clients a broad suite of scientifically-differentiated services ranging from early stage API and Drug Product discovery, development and cGMP manufacturing to stand-alone analytical and microbiology testing support. For more information about Avista Pharma Solutions, Inc., please visit us at www.avistapharma.com.

About Ampersand Capital Partners

Ampersand is a middle market private equity firm with a focus on growth equity investments in the healthcare sector. Over the past two decades, Ampersand has managed more than $1 billion in private equity partnerships. Ampersand leverages its unique blend of private equity and operating experience to build value and drive superior long-term performance alongside its portfolio company management teams. Additional information about Ampersand is available at www.ampersandcapital.com.

Contact:
Avista Pharma Solutions, Inc.
Jeff A. Parrott, Ph.D.
Corporate Communications
919-283-1225
[email protected]

Logo - http://photos.prnewswire.com/prnh/20160204/329952LOGO

SOURCE Avista Pharma Solutions, Inc.

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http://www.avistapharma.com

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