Patheon adds development and manufacturing softgel capability in Cincinnati facility

Names industry veteran Edgar Jaynes, Ph.D. to lead the unit.

Patheon (TSX: PTI), a global provider of drug development and manufacturing services to the international pharmaceutical industry announced today that it is adding development and manufacturing softgel capability in its Cincinnati facility, providing the pharmaceutical industry a new contract provider for this popular drug delivery system. The company also announced that it has named Edgar Jaynes Ph.D. as its associate director of pharmaceutical development services. Dr. Jaynes comes to Patheon with broad industry experience in product development and manufacturing, particularly in soft gel technology.

"We are very excited to be able to offer our customers soft gel capabilities as they look to the contract development and manufacturing industry for additional choices for this manufacturing technology," said Wes Wheeler, Patheon's CEO and President. "Adding soft gel equipment enhances our current liquid filled, hard gelatin capsule technology in Cincinnati and creates a more comprehensive service offering to our clients. We look forward to marketing this enhanced capability to our client base."

Mr. Wheeler added, "I am also very pleased that Dr. Jaynes has agreed to join the organization. We look forward to his leadership and expertise and we are confident that he will be a key addition to our Cincinnati PDS operation."