LyondellBasell and Odebrecht, the controlling shareholder of Braskem, confirmed on 15th June that they have entered into discussions for LyondellBasell to acquire Braskem. A deal would make LyondellBasell a top-three player in chemicals with nearly $50 billion in annual sales. LyondellBasell had 2017 revenue of $34.5 billion and Braskem $15.4 billion. LyondellBasell has separately agreed to […]
Post Type Archives: News
Brammer Bio and Sarepta in long-term manufacturing partnership
Sarepta Therapeutics, a commercial-stage biopharmaceutical company focused on the discovery and development of precision genetic medicines to treat rare neuromuscular diseases, has entered into a long-term strategic manufacturing partnership with Brammer Bio, a contract development and manufacturing organization (CDMO) serving the cell and tgene therapy sector. The deal will provide Sarepta access to clinical and […]
J&J accepts $2.1 billion offer for diabetes care unit
Johnson & Johnson (J&J) has agreed to sell its LifeScan business, a diabetes-care unit, to Platinum Equity, a private investment firm, for approximately $2.1 billion by accepting the binding offer for the business made by Platinum Equity in March 2018. LifeScan provides blood-glucose monitoring products and is maker of the OneTouch brand of products. The […]
New medicines manufacturing centre to strengthen UK pharma
The UK’s pharmaceutical and fine chemical industry is accelerating development of a new generation of manufacturing processes thanks to a new £56 million medicines manufacturing innovation facility. The state-of-the-art Medicines Manufacturing Innovation Centre (MMIC) will be located in Renfrewshire, Scotland, and led by the Centre for Process Innovation (CPI) in partnership with the University of […]
JM win prestigious CIA Company of the Year Award 2018
Johnson Matthey, a leader in science that makes the world cleaner and healthier, has scooped the prestigious Company of the Year Award at the Chemical Industries Association Awards 2018. Up against Aesica Pharmaceuticals, BASF Alfreton site and Essar Oil UK, Johnson Matthey was selected as the most outstanding CIA member company, which had demonstrated […]
Pharma companies embrace rfxcel’s full-service approach to FMD compliance
International provider of SaaS-based track and trace and serialisation solutions, rfxcel, today announces its continued successful expansion in the UK and EMEA, with triple digit percentage revenue growth since 2017. Increasing numbers of pharmaceutical companies welcome rfxcel’s inclusive approach to helping its clients successfully achieve the EMVO (European Medicines Verification Organisation) onboarding process as part […]
Marrone Bio launches Amplitude biofungicide in USA
Marrone Bio Innovations has launched the biological fungicide Amplitude for the 2018 growing season. This product uses the same active ingredient in the recently announced EPA-approved Stargus. Amplitude is based on a new strain of Bacillus amyloliquefaciens discovered by Marrone Bio, with strong performance against white moulds and soil diseases such as Phytophthora and […]
ZemlyakoFF to build €50m crop protection agents factory in Mogilev
ZemlyakoFF Crop Protection Company (headquartered in Moscow) plans to invest around €50 million in a project to build a protection agents factory. The new factory will manufacture up to 50-55 crop protection agents in Mogilev Region. The total value of the project is estimated at €100 million. ZemlyakoFF Crop Protection is also considering the […]
IKEA and Neste step towards fossil-free future
IKEA and Neste are now able to utilize renewable residue and waste raw materials, such as used cooking oil, as well as sustainably-produced vegetable oils in the production of plastic products. The pilot at commercial scale starts during fall 2018. It will be the first large-scale production of renewable, bio-based polypropylene plastic globally. IKEA wants […]
Alcami donates $15,000 to Fire Department
Alcami Corporation, a leading provider of fully-integrated custom end-to-end solutions for the pharmaceutical and biotechnology industries, has made a $15,000 donation to the Wilmington, North Carolina Fire Department (WFD) to help fund IvyGene cancer screenings for firefighters. Wilmington Mayor Bill Saffo, Mayor Pro-tem Margaret Haynes, Deputy Fire Chief Jon S. Mason, and other prominent city […]