Boca Raton biotech adds 150 workers through acquisition


    LGM Pharma, a biotechnology company with offices in Boca Raton, has acquired the pharmaceutical development and manufacturing operations of Irvine, California-based Nexgen Pharma for an undisclosed amount.

    The deal adds Nexgen’s drug manufacturing and warehouse distribution facilities and employees in California and Texas, as well as pilot plant manufacturing employees and facilities in Colorado, to Erlanger, Kentucky-based LGM.