MonoSol buys UK edible films firm
of Aquafilm, giving it access to substantial manufacturing
capabilities in Europe and its range of edible films.
Aquafilm claims to have the largest product offering in edible and oral care water-soluble films anywhere in the world and last year launched its first commercial nutraceutical product, Orange C oral strips, to contain active vitamin ingredients using its proprietary edible film technology.
MonoSol will gain expanded production of cast water soluble films in Europe, leveraging Aquafilm's significant market success and taking on the firm's warehouse space and sales and distribution teams.
The expanded infrastructure also supports MonoSolRx, a new division of MonoSol that was formed when MonoSol acquired Kosmos Pharma. MonoSolRx is now commercializing edible film strips as a fast-dissolve oral drug delivery platform for the pharmaceutical, nutraceutical and veterinary markets worldwide.
The market for edible films has grown considerably with the launch of breath freshener strips by industry leaders such as Wrigleys. They are also thought to be a convenient way of delivering vitamins, minerals, and nutraceuticals, particularly for children, and also offer rapid solubility and absorption into the body.
Aquafilm also develops specialty films for packaging and the pharmaceutical industry.
