Pharmaceutical company Vertical/Trigen Holdings LLC, backed by Avista Capital Partners, has agreed to merge with Osmotica Holdings Corp. for an undisclosed amount.
Vertical/Trigen is the parent company of Vertical Pharmaceuticals and Trigen Laboratories. Vertical, based in Sayreville, New Jersey, is known for its Nexa and OB Complete women’s health, Corvite vitamin supplements, and Lorzone pain management brands. Trigen is the company’s generic drugs division. Avista acquired a majority stake in Vertical/Trigen in 2013 when it invested alongside management.