TopGum Acquires PharmItBe, Appoints Evgenia Lozinsky as Head of R&D

The merger will improve the company’s gummy supplement development, analytical capabilities, and supply chain.

Gummy supplement manufacturer TopGum Industries, Ltd. has purchased PharmItBe, a pharmaceutical R&D company. It has named Dr. Evgenia Lozinsky, former CEO of PharmItBe, as head of R&D at TopGum. Lonzinsky will oversee all research and development activities, such as creating new products for customers, developing a microencapsulation system, and pharmaceutical-grade gummies.
 
TopGum will use PharmItBe’s FDA certified laboratory to access comprehensive chemical analytical services. This will ensure quality standards are maintained, even while condensing lead-time for the supply chain process. In addition, PharmItBe’s R&D capabilities will accelerate TopGum’s pharma-grade gummies development for a new facility. The plant, supported by a $40 million investment, is scheduled to be operational by the end of this year.
 
PharmItBe was founded by Lozinsky in 2016 as an FDA-certified analytical laboratory that develops formulations and new delivery formats, and provides analytical services to the pharmaceutical, dietary supplement, and food industries. The company will continue as a subsidiary to provide services independently to third parties.
 
In addition to her role as head of TopGum R&D, Lozinsky will serve as president of PharmItBe, and the company will continue to operate as a standalone FDA certified analytical lab. Lozinsky holds a PhD in chemistry from Ben Gurion University, and served for 20 years in senior R&D management roles for several companies such as Agis Industries and Perrigo Co.
 
“It is exciting to have PharmItBe join the TopGum family,” said Amichai Bar-Nir, TopGum CEO. “I look forward to our developing the next generation of gummy supplements. This acquisition makes it possible to improve our supply-chain process and meet the highest quality standards internationally, which will allow us to provide better service to our customers worldwide. Our ability to deliver on innovation, quality, and service should be greatly enhanced.”
 
“We are proud to report this important milestone for the company’s expansion,” said Hagai Stadler, chairman of TopGum. “The acquisition will allow TopGum to accelerate the development of products for the pharmaceutical world, as well as improve the company’s supply chain, quality assurance, and operational efficiencies. We are happy to have Dr. Lozinsky as part of TopGum’s management team.”
 
“I am eager to lead TopGum’s R&D and channel our mutual experience to bring the company to new heights,” said Lozinsky. “PharmItBe found the perfect family to continue its journey, and as an experienced formulation and chemistry analytical developer, I look forward to working closely with TopGum’s management team to further the company’s vision and success.”

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