Minakem, the contract manufacturing division of Minafin, specialized in custom development and manufacturing of building blocks, intermediates and Active Pharmaceutical Ingredients (APIs) for the pharmaceutical industry, today announces that it has initiated the extension of its manufacturing capacity at its Dunkirk site in France. The €14.5M ($18M) investment from parent company Minafin is the […]
Post Type Archives: News
Sasol and HELM reach long-term marketing agreement
Sasol Chemicals and HELM have entered into a long-term marketing agreement for ethylene glycols. The marketing agreement between Sasol and HELM comes into effect upon the start-up of Sasol’s new ethylene oxide and ethylene glycol (EO/EG) units in Lake Charles, Louisiana, USA. Ethylene glycol is an organic compound with the formula (CH₂OH)₂. It is mainly […]
Belchim launches natural alternative to glyphosate
Belchim Crop Protection has just launched Katoun Gold (500 g/L fatty acid pelargonic acid), a natural herbicide that guarantees to be an effective alternative to glyphosate, for the management of vegetable coverage in urban areas and roads. Katoun Gold is a product based on pelargonic acid, a natural substance extracted from plants and common in […]
MonoSol investing $72 million in Indiana film plant
MonoSol expects to spend $72 million in Indiana as the maker of water soluble films continues what has now become a years-long growth trend. The Merrillville-based company has decided to move beyond its manufacturing footprint in northwest Indiana, with the construction of a manufacturing site for polyvinyl alcohol films at a new 150,000-square-foot plant in […]
Xeris invests in production of ready-to-use glucagon
Xeris Pharmaceuticals, a specialty pharmaceutical company leveraging its novel technology platforms to develop and commercialize ready-to-use injectable and infusible drug formulations, is investing to accelerate commercial preparation of its lead product candidate, a ready-to-use glucagon rescue pen for the treatment of severe hypoglycaemia in diabetes patients. Funding for the investment includes a $45 million loan […]
Evonik invests in Israeli digital printing start-up
German speciality chemicals company Evonik Industries has invested an undisclosed amount in an Israeli start-up which offers new digital printing technology for packaging. Evonik said Velox Digital could offer “mass-production flexibility” — a printing process that allows “high-volume quantities decoration at competitive cost, while also enabling efficient small-series projects.” Velox is based in Rosh HaAyin, […]
Johnson Matthey appoints Sector Chief Executive, Health
Johnson Matthey is pleased to announce the appointment of Jason Apter as Sector Chief Executive, Health. He joined Johnson Matthey on 5th March and is based in the US. Jason brings deep experience of the healthcare and life sciences industries where he has held executive positions in both the US and Asia. In his most […]
Finalists chosen for Lyfebulb-Helsinn Innovation Summit & Award in Oncology
Lyfebulb, a patient empowerment platform that connects patients, industry and investors to support user-driven innovation in chronic diseases, and Helsinn, with activities focused on early-stage investments in areas of high unmet patient need, today announce the names of the eleven companies launched by patient entrepreneurs who are chosen as finalists for the Lyfebulb-Helsinn Innovation Summit […]
Sanofi completes $11.6-billion acquisition of Biogen spin-off Bioverativ
Sanofi has completed its previously announced $11.6-billion acquisition of Bioverativ, a Waltham, Massachusetts-headquartered company created from the spin-off of Biogen’s hemophilia business. The deal was announced in January 2018. Biogen spun off its global hemophilia business into a separate company, Bioverativ, as a new independent, publicly traded biotechnology company focused on hemophilia and other rare […]
BASF to form BASF Toda America for battery materials
BASF, the world’s largest chemical supplier to the automotive industry, has closed its agreement to form BASF Toda America (BTA). As the next step in BASF’s business growth strategy for its battery materials business, the new entity will be majority owned and controlled by BASF and is the second successful collaboration of BASF and TODA. […]