Merck and Co said in a regulatory filing on Friday that it had received letters from the Department of Justice and U.S. Securities and Exchange Commission requesting information about the company's activities in foreign countries. The drugmaker said it was cooperating with the requests, and that it believes the requests are part of a broader review of pharmaceutical industry practices in foreign countries.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
