Veranova

Veranova
FormerlyJ.F. Macfarlan Ltd (1780–1829)
J.F. Macfarlan and Co Ltd. (1830–1961)
Edinburgh Pharmaceutical Industries (1962)
Macfarlan Smith Ltd (1963–1989)
Meconic (1990–2000)
Johnson Matthey Health (2001–2022)
Company typeLimited Partnership
IndustryContract development and manufacturing organization (CDMO)
Headquarters435 Devon Park Drive, Suite 400, Wayne, PA. 19807
Area served
Worldwide
Key people
Mike Riley (CEO)
Websitehttps://veranova.com/

Veranova, L.P. (formally Johnson Matthey Health) is an American multinational contract development and manufacturing organization (CDMO) based in Wayne, PA, with operations in North America and Europe.[1]

The company focuses on the process, development, and manufacturing of active pharmaceutical ingredients (APIs), particularly specialty and highly regulated, complex chemistries.[2] It has two divisions, Generics and Originators. Its specialized drug development and manufacturing technologies and expertise in the pharmaceutical and biotechnology industries span the drug development lifecycle.[1][3]

Johnson Matthey Health was purchased in 2022 by Altaris Capital Partners for £325 million (JM retaining 30% equity) and rebranded to become Veranova; the name originates from the combined Latin words ‘vērus’, meaning ‘true’, and ‘nŏvus’, meaning ‘new’.[3][4]

  1. ^ a b "Veranova L.P." CPHI Online. Retrieved 2024-07-02.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Veranova: Leading the Way in Synthetic Chemistry". The Medicine Maker. 2022-09-06. Retrieved 2024-07-02.
  3. ^ a b "Johnson Matthey Health Rebrands as Veranova". PharmTech. 2022-06-09. Retrieved 2024-07-02.
  4. ^ "Johnson Matthey completion of Health sale – Company Announcement - FT.com". markets.ft.com. Retrieved 2024-07-02.

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