Primex Pharmaceuticals Acquired Italian Leader OGNA, Expands to Dental Surgery and Anaesthetics
Wednesday, November 23, 2016
Swiss pharmaceutical company Primex Pharmaceuticals AG announces acquisition of OGNA. The acquisition expands the company’s product portfolio to the full dental surgery range, from local anaesthetics to dental products.
OGNA manufactures and commercializes solutions for dental surgery needs, e.g. local anaesthetics, root canal irrigation and cementation, detergents and disinfectants. Constant search for innovative solutions within the dental market and the determination to guarantee excellence to customers has led OGNA to become a leader in Italy, and it is the first and sole full range dental products manufacturer in the country. Italy is the world’s third largest producer of dental supplies.
OGNA is a 100-year-old family company founded by Giovanni Ogna in Milan. In 1960, the company obtained the desired certification from the FDA to produce generic drugs in the USA. Today, OGNA has a full range of dental products and pharmaceuticals.
Primex is integrating the former OGNA companies into the Group and reorganizing its commercial functions under the original company name “Giovanni Ogna et Figli S.r.l.”, which is now a wholly-owned subsidiary of Primex Pharmaceuticals AG.
Kari Sarvanto, CEO and Co-Founder of Primex Group, comments: “With the acquisition, Primex gets not only new anaesthesia products that can be equally applied for non-dental use, but also acquires a key distribution network. Via OGNA’s global expansion, the dental market is especially potential for the novel procedural sedative we expect to launch soon.”
Source : finance.yahoo.com
