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Quantum Specials

Quantum Specials, the County Durham-based manufacturer of bespoke drugs with more than 100 staff, has undergone a £32m management buy-out backed by Lloyds TSB Development Capital.

Quantum Specials is planning to expand the workforce at its County Durham-based pharmaceutical manufacturing business from 100 to 125 over the next year.

Quantum Specials has secured an equity investment from Phoenix Healthcare Distribution to fund the expansion of its newly-created pharmaceutical manufacturing business, and the Tyneside-based workforce should reach 20 by 2006.