Catalent has set-up a Strategic and Operational Review Committee to address recent missteps as part of a deal with activist investor group Elliott Investment Management. Catalent’s woes go beyond the simple post-pandemic slowdown felt by many of its fellow contract development and manufacturing organizations (CDMOs). Operational issues at facilities in Harmans, Maryland, Bloomington, Indiana and Brussels, Belgium, coupled with struggles to report timely quarterly results have led to analyst downgrades and allegations of financial mismanagement. In May, the firm’s stock…