Industry Reports

Thermo Fisher Scientific Completes Acquisition of GSK Manufacturing Site in Cork, Ireland

Thermo Fisher Scientific Inc, the world leader in serving science, has completed its previously announced acquisition of an active pharmaceutical ingredient (API) manufacturing facility from GlaxoSmithKline (GSK) for €90 million. Completion of the transaction follows the receipt of all...

Bormioli Pharma Completes Acquisition of Remy & Geiser GmbH

Bormioli Pharma, a pharmaceutical and biopharmaceutical plastic containers, closures, and packaging accessories company headquartered in Italy, announced it completed its acquisition of Remy & Geiser (R&G), a German plastic and glass product company. According to an Oct. 8, 2019 press...

Lundbeck to acquire Alder BioPharmaceuticals for £1.56bn

Lundbeck has agreed to acquire clinical-stage biopharmaceutical company Alder BioPharmaceuticals in a deal valued at around $1.95bn (£1.56bn). Alder BioPharmaceuticals is involved in the discovery, development and commercialisation of novel therapeutic antibodies. As per terms of the deal, Lundbeck will begin...

CPhI China & P-MEC China Post Show Report 2019

CPhI & P-MEC China has become Asia’s largest and most specialised pharmaceutical event. Throughout the years, the event has witnessed the country’s pharmaceutical industry progress from playing catchup with the rest of the world to leading the way. 2019’s...

Sonnet BioTherapeutics Announces Acquisition Agreement with Relief Therapeutics Holding SA

Sonnet BioTherapeutics, Inc., an oncology-focused biotechnology company developing innovative targeted biologic drugs,  announced it has entered into an agreement with Relief Therapeutics Holding SA to develop atexakin alfa through the acquisition of its subsidiary, Relief Therapeutics SA, via a...

Cryoport Revenue Grows 83% for Second Quarter 2019

Cryoport, Inc. , the world's leading temperature-controlled logistics company dedicated to the life sciences industry, announced financial results for the three and six-month periods ended June 30, 2019. "Cryoport reported revenue of $8.5 million for the three-month period ended June...

Clariant Chemicals Q1 profits up by 20.3% Sales grew by 11.9%

Clariant Chemicals (India) Limited reported profit before tax of Rs. 18.4 crore for the quarter ended June 2019, as compared to profit before tax of Rs. 15.3 crore for the quarter ended June 2018 – a growth of 20.3%. The...

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