Eric Roman, Pace Analytical CEO

This mid­west­ern CD­MO just picked up 3 ac­qui­si­tions in less than a week

A rel­a­tive­ly qui­et Min­neapo­lis-based CD­MO is mak­ing waves, an­nounc­ing its third ac­qui­si­tion in just one week.

Pace has ac­quired Ve­le­sco Phar­ma­ceu­ti­cals Ser­vices, which will add to its liq­uid, se­mi-sol­id and oral sol­id dose man­u­fac­tur­ing, the com­pa­ny said. The CD­MO has al­so brought on BC Lab­o­ra­to­ries out of Cal­i­for­nia and Pro­Science An­a­lyt­i­cal Ser­vices

The Ve­le­sco ac­qui­si­tion al­lows Pace to broad­en its drug de­liv­ery op­tions, and tai­lor them for clients’ mod­ules, dose range and drug de­liv­ery route. With the ac­qui­si­tion, Pace will get Ve­le­sco’s clin­i­cal tri­al man­u­fac­tur­ing ca­pac­i­ty, which in­cludes spe­cial­ized, small-scale cus­tomized ex­per­i­ments, soft­gel cap­sule, sus­pen­sion and non-ster­ile liq­uid drug sup­port and ex­per­tise in non-clin­i­cal tox­i­col­o­gy stud­ies.

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