AptarGroup, Inc., also known asAptar, is a United States–based global manufacturer of consumer dispensing packaging anddrug delivery devices.[7][1] The group has manufacturing operations in 18 countries.[8]
The company began as Werner Die & Stamping in Cary, Illinois, in 1946 and later incorporated as AptarGroup in 1992.[1][9] Aptar originally developed spray valves and pumps for consumer and household products. The company later began producingnasal administration andpulmonary drug delivery devices such asnasal spray systems andmetered-dose inhaler valves.[9][10][11][12] Biotech and pharmaceutical companies use Aptar's different Unidose and Bidose devices for the single or two-shot intranasal delivery of different medicines.[13]
In 2016, Aptar announced that it provided the delivery system for Adapt Pharma'sNarcan.[14] Narcan is a naloxone hydrochloride nasal spray used as an emergency treatment for opioid overdoses.[14] Aptar's liquid spray drug delivery technology platform works as a ready-to-use, single-shot, unit-dose system for Narcan. It was the firstFDA approved nasally administered, ready-to-use medication used to reverse the effects of an opioid overdose.[14] Narcan does not require any assembly, medical training, or needle injection.[15]
Aptar entered into an agreement in 2016 with Propeller Health Partners to develop a digitally connected medicationinhaler.[18] The company made an investment in Propeller Health Partners (now part ofResmed) in 2018.[19]
In July 2019, the FDA-approved Aptar Pharma's Unidose Powder System as the first intranasally-delivered, needle-free rescue treatment for severehypoglycemia.[13]
In 2020, during theCOVID-19 pandemic, Aptar invested in new tools to accelerate its molding equipment and assembly machines for pumps, but it still wasn't enough to keep up with demand.[20]
In 2012, Aptar acquired Stelmi, a manufacturer ofelastomer primary packaging components.[21] In 2016, Aptar acquired Mega Airless, a manufacturer of airless packaging.[22] In 2018, Aptar acquired CSP Technologies, a material science company that manufacturesactive packaging.[23]
In June 2019, Aptar acquired two companies, Nanopharm and Gateway Analytical.[24] In November 2019, the company acquired Noble International, which specializes in training devices and patient onboarding.[25] In February 2020, Aptar acquired FusionPKG, a makeup packaging company.[26][27]
In November 2020, the company acquired the digital respiratory health company Cohero Health.[28][29]
In July 2021 Aptar acquired the digital therapeutics company, Voluntis (ENXTPA: ALVTX), and 80% of the equity interests of Weihai Hengyu Medical Products Co., Ltd., a Chinese manufacturer of elastomeric and plastic components used in injectable drug delivery.[30]
Aptar was named toBarron's list of the Top 100 Most Sustainable U.S. Companies in 2019, 2020, 2021, and 2022.[31][32][33][34] At the end of 2020, 85% of the company’s global electricity use came from renewable sources.[35] It was also named byNewsweek as one of America's Most Responsible Companies in 2021,[36] 2022,[37] and 2023[38] and received an A score for climate change from theClimate Disclosure Project.[39]
In September 2019, the company announced a partnership with Loop, a shopping platform fromTerraCycle that delivers products in reusable containers.[40] The company made theForbes Green Growth 50 List in 2021.[41]
US$3.487 billion (2023)