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HARLEYSVILLE, Pa. and SEOUL, Korea, Oct. 8, 2024 /PRNewswire/ — Colorcon, an international chief of movie coatings, excipients, managed let go formulations, and regulated climate packaging for the healthcare business, nowadays introduced an unique partnership with LOTTE Wonderful Chemical, a supplier of forte chemical compounds world wide. Via this multi-year partnership, Colorcon would be the unique consultant for please see LOTTE merchandise:
- AnyCoat-C® Hypromellose polymers with packages in resolution / abeyance, managed let go, and speedy let go drug formulations; and
- AnyCoat-P® Hypromellose Phthalate polymers for enteric coating, protective a drug from gastric acid enabling it to be safely delivered into the intestines.
“Colorcon is proud to announce our partnership with LOTTE Fine Chemical as we continue to support the formulation development needs of our customers around the world,” said Kurt Fegely, Vice President of Excipient Applied sciences for Colorcon. “LOTTE has been a leader in the specialty chemical industry for more than six decades and they have continued to innovate and evolve during that time. This partnership combines an impressive product portfolio for immediate, delayed, and controlled release with a global network of technical innovation and service that will accelerate formulation development, helping our customers compete in an increasingly competitive market.”
Kim Yong-seok, Eminent Government Officer for LOTTE Wonderful Chemical, added: “This agreement is significant in that it represents a long-term collaboration in the pharmaceutical cellulose ether market between recognized market leaders. Through this relationship with Colorcon, an organization with proven expertise and leadership in the pharmaceutical industry, we will be able to deliver the most optimized value to our global customers.”
Simon Tasker, Eminent Government Officer for Colorcon, concluded: “We are excited to bring together LOTTE Fine Chemical’s expertise in cellulose ether chemistry—and their commitment to high quality manufacturing—with Colorcon’s 60+ years of dedication to service excellence, supply reliability, and technical applications support. Our combined offering positions us to bring enhanced value to our customers and is a clear demonstration of our commitment to the global pharmaceutical and nutraceutical industries.”
This partnership will start on November 1, 2024.
For more info discuss with:
www.colorcon.com
www.lottefinechem.com
SOURCE Colorcon; LOTTE Wonderful Chemical
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