Cambrex Corporation: Update to credit analysis
Cambrex' credit profile reflects its high financial leverage and concentration in small molecules offset by its capabilities as a fully integrated CDMO and strong demand for its services.Cambrex is a life sciences company that provides products and services for the development and commercialization of new and generic therapeutics. The company assists companies in developing processes for the manufacture of clinical and commercial quantities. Product testing, analytical methods and other processes are integrated into the manufacturing process. The company manufactures and tests Active Pharmaceutical Ingredients and Finished Dosage Form at laboratory, clinical and commercial level. The company's business is primarily comprised of the custom development and manufacture of pharmaceutical ingredients derived from organic chemistry and finished dosage form products and services.
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