ADC Bio secures £1.14m investment to finance innovation and expansion

Welsh biotechnology company ADC Biotechnology (ADC Bio), has secured £1.14 million in funding from investment managers, Downing LLP. The funds will bolster the company’s business drive for faster penetration of the main US market. The investment will also assist the development of an advanced bioconjugation method – an entirely new ADC manufacturing approach set to […]

Flavour manufacturer Silesia strengthens Asian footprint

German flavor manufacturer Silesia is reacting to the growing demand for the food and beverage industry in Asia by establishing a new plant for the manufacturing of liquid and powder flavours in Singapore. With its location in Singapore and subsidiaries in Vietnam, Thailand, Indonesia, Malaysia and in the Philippines the company already has an extensive […]

Deinove and Greentech launch anti-aging ingredient HEBELYS

Deinove a biotechnology company that discovers, develops and produces compounds with high added value from rare bacteria, and Greentech, a major player in the production and distribution of active ingredients derived from biotechnology, have launched HEBELYS, the first anti-aging active ingredient resulting from the collaboration launched in March 2017. This anti-aging active ingredient is obtained […]

Provepharm Life Solutions forms alliance with ArchiMed and Téthys Invest

Provepharm Life Solutions announces that ArchiMed and Téthys Invest have joined the company’s shareholder base as minority investors. Both are renowned investors with strong expertise in the healthcare sector. Beyond financial considerations, it was the specific support for the company’s long-term growth project and the entrepreneurial track record of its founders that drove the decision […]

Cambrex completes $3.2 million R&D lab at High Point facility

Cambrex Corporation, the leading manufacturer of small molecule innovator and generic Active Pharmaceutical Ingredients (APIs), has completed the construction and validation of a new $3.2 million, 11,000 sq.ft. analytical laboratory at its High Point, NC facility. The investment was driven by a growing customer demand for analytical development and validation services in support of clinical […]

Takeda ups its offer for Shire

Takeda has put forward a new proposed bid for Shire, increasing the cash portion of the deal. The fourth proposal comprises £26 per share in new Takeda shares, to be listed in Japan and in the US through an ADR listing, and £21 per share in cash, representing a potential value of £47 per share […]

Red Cross and Novo Nordisk to tackle chronic care in humanitarian crises

The International Committee of the Red Cross (ICRC), the Danish Red Cross (DRC) and Novo Nordisk have announced a partnership to tackle the growing issue of chronic diseases that affect millions of people living in humanitarian crises around the world. The partnership has three building blocks: Ensuring efficient supply of low-cost human insulin in vials […]

SABIC showcases market leading fluids for Chinese and Asian markets

As a global leader in the chemical industry, SABIC will present its full Fluids product portfolio at IESD, the leading surfactants and detergents show for China and Asia, starting today in Shanghai (April 24 -26).   SABIC Specialties provides high value, technologically advanced chemical derivatives for use in a wide range of applications. Employed as […]

Bayer joins alliance for Better Life Farming

Bayer, International Finance Corporation (IFC, a member of the World Bank Group), Netafim, and Swiss Re Corporate Solutions, have launched a global alliance, Better Life Farming, to provide holistic and innovative solutions for smallholder farmers in the developing world to enable them to grow their farms into sustainable businesses.   Together with multiple partners, the […]

Clariant supports China in “Moving towards a smart, sustainable future”

Clariant, a world leader in specialty chemicals, yesterday emphasized its investment in innovation for plastics and growing together with China’s industries to help them develop safer and more sustainable products like e-mobility solutions. Sustainable solutions supporting the e-mobility trend in China According to the government’s forecast, China’s new car market will grow by 25% from […]