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GEN News Highlights : Aug 17, 2007

Nexgen Acquires Colorado-Based Manufacturing Facility

Total manufacturing, laboratory, and warehouse/distribution space is now 650,000 sq. ft.

Nexgen Pharma gained certain assets of The Chemins Company, including 250,000 sq. ft. of manufacturing, laboratory, and warehouse/distribution space.

“We have not only expanded our capacities but also our dosage form capabilities,” states Gary Korngold, executive vp. “The result will be increased offerings to the industry and the ability to meet the increased demands for our products and services.”

Currently, Nexgen has five facilities located in Irvine, CA, Tempe and Phoenix, AZ, Colorado Springs, CO, and Columbia, MO, according to the company. This reportedly totals over 400,000 sq. ft. of manufacturing, laboratory, and warehouse/distribution space.