Abbey Pharma Secures £2M Investment from Business Growth Fund; Acquires Peckforton Pharmaceuticals

Abbey Pharma Ltd, a Maidenhead, UK-based pharmaceutical company which trades as Intrapharm, secured a £2m investment from Business Growth Fund.

With the deal, BGF acquired a minority stake in the business.

The investment, alongside senior debt funding from NatWest, enabled the business to acquire Peckforton Pharmaceuticals, a Crewe, Peckforton-based specialty pharmaceutical company that will add new and complementary products to Abbey Pharma, doubling the group’s size and establishing a platform to support future expansion plans.
The combined business will have revenues of c.£8m.

Established in 2009 and led by Kevin James as CEO and Shafiq Choudhary as COO, Abbey Pharma is a pharmaceutical group that manufactures, distributes and sells prescription and Over the Counter (OTC) products. Current products address therapeutic areas covering Ophthalmology, Oncology, Pain, Gastrointestinal, and Dermatology with Peckforton bringing a range of injectable products to the Abbey Pharma portfolio. The Group is expected to continue to develop therapeutic focus through further acquisitions.



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