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AbbVie Completes Acquisition of Landos Biopharma

AbbVie announced that it has completed its acquisition of Landos Biopharma, Inc  With the completion of the acquisition, Landos is now part of AbbVie. Landos' lead investigational asset is NX-13, a first-in-class, oral NLRX1 agonist (a member of the NOD-like...

Florida’s Efforts to Address Medication for Anxiety and Depression

Feeling overwhelmed by anxiety or depression can push you toward quick fixes like alcohol or drugs. These might offer temporary relief but can lead to dependence and bigger problems. Florida is actively working to provide better solutions for medication...

Novo Nordisk invests ¥4 B in China for sterile preparation expansion project

Novo Nordisk has announced that it would invest approximately 4 billion yuan (¥) in Tianjin for a sterile preparation expansion project and recently held a groundbreaking ceremony for the expansion project. On the day of the event, leaders from the...

WuXi AppTec breaks ground on new R&D and manufacturing site in Singapore

WuXi AppTec, a global company that provides a broad portfolio of R&D and manufacturing services to enable companies in the pharmaceutical and life science industries, has announced the groundbreaking of its new R&D and manufacturing site in Singapore. This milestone,...

AstraZeneca plans $1.5 billion manufacturing facility for antibody drug conjugates (ADCs) in Singapore

AstraZeneca intends to build a $1.5 billion manufacturing facility in Singapore for antibody drug conjugates (ADCs), enhancing global supply of its ADC portfolio. ADCs are next-generation treatments that deliver highly potent cancer-killing agents directly to cancer cells through a...

Germany’s Merck KGaA acquires Mirus Bio for $600 M

Gamma Biosciences, a life sciences platform established by KKR to address the advanced therapy bioprocessing market, announced that it has entered into an agreement with Merck KGaA, Darmstadt, Germany, a leading science and technology company, whereby Merck KGaA, Darmstadt,...

Pharma Chemicals Market To Grow At A CAGR of 5% Till 2029

It is worth noting that the pharmaceutical chemicals market happens to be segmented by Type which includes Reagents, Catalysts, Solvents, KSMs and intermediates, Building Blocks for APIs and Advanced Intermediaries and by Application which has in it Medical Raw...

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