Keyword: investment

News

AstraZeneca to Construct New US Cell Therapy Facility

08.02.2024 -

In a move to launch its cell therapy platforms for critical cancer trials in the US, AstraZeneca is investing $300 million in a new facility in Rockville, Maryland. The...

News

Brenntag Acquires a Chemical Logistics Site in Italy

08.02.2024 -

Brenntag announced the agreement to acquire a chemical logistics site of Chimica D’Agostino in Italy. The site is located in the industrial area of the city of Bari, well...

News

AbbVie to Build New Biologics Manufacturing Site in Singapore

30.01.2024 -

Last week, AbbVie broke ground on a new Singapore manufacturing facility located in Singapore's Tuas Biomedical Park. The company will invest $223 million in the site...

News

Gedeon Richter Becomes Strategic Investor of Formycon

30.01.2024 -

Hungary-headquartered specialty pharmaceutical company Gedeon Richter becomes a strategic investor of German biosimilars company Formycon via cash capital increase of 9...

News

Olon to Open New High Potency API Suite in US

29.01.2024 -

Olon Group is building a state-of-the-art High Potency Active Pharmaceutical Ingredient (HPAPI) suite at its Olon USA site in Concord, Ohio. This expands the company's...

News

Solvay and Huatai Expand Hydrogen Peroxide Capacity in China

25.01.2024 -

In a move to meet the rising demand from the photovoltaic industry, Solvay is expanding the is hydrogen peroxide capacity of its Shandong Huatai Interox Chemical site in...

News

Birla Carbon to Build New Carbon Black Plants in India and Thailand

24.01.2024 -

Leading Indian carbon black player Birla Carbon announced to establish two new carbon black manufacturing sites in Naidupet, Andhra Pradesh, India, and Rayong, Thailand.

News

Boehringer to Expand Greek Production Site for New Medicines

19.01.2024 -

German drugmaker Boehringer Ingelheim is investing €120 million in an upgrade and expansion of its facility in Koropi, Greece, that will increase the company's capacity...