News

Formerly Cardinal Health PTS, newly named Catalent now operates as independent company
Date: 06/21/2007

SOMERSET, NJ – June 21, 2007 – Catalent Pharma Solutions, formerly Cardinal Health Pharmaceutical Technologies and Services, today announced its official launch as an independent operating company. The Blackstone Group acquired the business from Cardinal Health in April 2007.

Catalent is a leading provider of advanced technologies, as well as development, manufacturing and packaging solutions for pharmaceutical, biotechnology and consumer healthcare companies in nearly 100 countries. Catalent offers its customers nearly 75 years of experience in providing advanced technologies and consistent product supply across nearly every major dose form type, and holds more than 1,000 patents and patent applications.

Catalent has a long heritage of dose form innovation. Catalent commercialized softgel capsule technology and Liqui-Gel® formulations, created the ”fast dissolve” oral tablet category with Zydis®, and introduced the vegetable-based capsule VegiCaps® Soft. Catalent’s proprietary drug delivery and packaging technologies and expertise enable customers to achieve their desired clinical and market outcomes, and are used in many well-known consumer health and prescription drug products. Catalent is also known for its child-resistant, senior-friendly and compliance-enhancing packaging designs.

Customers will continue to rely on Catalent and its team of specialized experts worldwide for its advanced technologies and substantial expertise.

“Catalent intimately understands the global challenges our customers face while developing and commercializing life-enhancing and life-saving drugs or innovative consumer health products,” said John Lowry, president and CEO of Catalent Pharma Solutions. “By consistently providing our customers with the technologies, services and reliable solutions they have come to expect from us, we enable them to focus on their own core competencies.”

The Catalent name was created to combine the ideas embodied by the words “catalyst” and “talent.” Catalent serves as a catalyst for success for its customers, enabling them to ensure product supply and improve product effectiveness, while ”talent” underscores the company’s breadth and depth of scientific, technical and local market expertise around the world.

About Catalent
Headquartered in Somerset, New Jersey, Catalent is the leading provider of advanced technologies, and development, manufacturing and packaging services for pharmaceutical, biotechnology and consumer healthcare companies in nearly 100 countries. The company applies its local market expertise and technical creativity to advance treatments, change markets and enhance patient outcomes. Catalent employs approximately 10,000 at more than 30 facilities worldwide and generates more than $1.7 billion in annual revenue. For more information, visit www.catalent.com.