Novo Nordisk to streamline operations and reinvest for growth

Novo Nordisk announced a company-wide transformation to simplify its organisation, improve the speed of decision-making, and reallocate resources towards the company’s growth opportunities in diabetes and obesity. As part of the transformation, Novo Nordisk intends to reduce the global workforce by approximately 9,000 of the 78,400 positions in the company, with around 5,000 reductions expected […]

Symeres acquires DGr Pharma to enhance regulatory expertise and broaden its biopharma capabilities

Symeres, a leading global Contract Research, Development and Manufacturing Organization (CRDMO), announces the acquisition of DGr Pharma, a drug development-focused consultancy, to expand its integrated early-stage drug development services and accelerate IND-enabling capabilities for biopharma clients. The acquisition is supported by Keensight Capital (“Keensight”), one of the leading private equity managers dedicated to pan-European Growth […]

Lilly launches TuneLab platform to give biotechnology companies access to AI-enabled drug discovery models built through over $1 billion in research investment

Eli Lilly and Company announced the launch of Lilly TuneLab, an artificial intelligence and machine learning (AI/ML) platform that provides biotech companies access to drug discovery models trained on years of Lilly’s research data. Lilly estimates that this first release of AI models includes proprietary data obtained at a cost of over $1 billion, representing […]

Almac Group Expands Bioavailability Enhancement Capabilities

Addressing a critical need in drug development Almac Group has completed a multi-million-pound expansion of its bioavailability enhancement capabilities at its facility in Charnwood, UK. The significant investment by Almac Pharma Services, will address ongoing industry challenges around solubility and growing global demand for advanced formulation solutions.  The investment includes the installation of Buchi S300 […]

Sirio secures TGA GMP Certification to support strategic growth in Australia

SIRIO Pharma (SIRIO) – the global nutraceutical contract development and manufacturing organization (CDMO) – announces that its Ma’anshan facility in China has been granted a Certificate of GMP Compliance by the Therapeutic Goods Administration (TGA) of Australia. The approval will support SIRIO’s expansion into the rapidly growing Australian market, providing both local and international brands […]

BiOkuris Announces Positive Results from Pivotal IBS Study (Vitabiotic) Evaluating BK002

Synbiotic formulation demonstrates dual therapeutic effect on gastrointestinal symptoms and anxiousness Key Highlights BK002 achieved an 83% responder rate. A significant alleviation of gastrointestinal symptoms in IBS patients. A significant reduction in anxiousness. BiOkuris announced positive topline results from its pivotal clinical study, Vitabiotic, evaluating BK002, the company’s synbiotic formulation for the treatment of Irritable […]

Atelerix and Rodon Global partner to integrate cryo-free preservation technology into specialist logistics solutions

Atelerix, a biotech company revolutionising cell preservation and biological transport with its pioneering hydrogel encapsulation technology, today announced an agreement with Rodon Global (“Rodon”), the established freight company focused on clinical trials and drug discovery headquartered in South Africa. The collaboration comes at a pivotal time as Rodon actively expands operations across the United States, […]