Novozymes Boosts Gut Health with PrecisionBiotics
Danish biotech Novozymes has acquired Ireland’s PrecisionBiotics Group for €80 million on a cash and debt-free basis.
News
Agilyx in Styrene Partnership with TechnipFMC
Agilyx has entered into an exclusive collaboration with engineering contractor TechnipFMC to jointly develop a process to purify Agilyx’s styrene oil to high-purity styrene.
Sanofi and Translate Bio Expand Collaboration
Sanofi Pasteur, the vaccines global business unit of French drugmaker Sanofi, and Translate Bio, a clinical-stage messenger RNA (mRNA) therapeutics company, are formally expanding their existing 2018 collaboration and license agreement to develop mRNA vaccines for infectious diseases.
Ineos to Buy BP’s Petchems Business for $5 Billion
Ineos is buying BP’s global petrochemicals business for $5 billion (£4 billion) in what is being touted as the biggest deal since the coronavirus pandemic began circling the globe in winter and early spring this year.
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BASF Pilots PU Mattress Recycling
BASF is starting pilot tests on a chemical recycling process for used PU mattresses at its Schwarzheide site in the German state of Brandenburg.
BioNTech Raises $250 Million for Vaccine Race
German biotech BioNTech, which is working on developing an mRNA vaccine against Covid-19 and has aligned itself with US pharma major Pfizer, this week raised $250 million (€223 million) in an offering that attracted Singapore state-owned private equity investor Temasek and other unnamed accredited investors.
Bernhard Müller New Managing Director of Minascent Technologies
With effect from May 1, 2020 the executive committee of the Louvain-la-Neuve, Belgium-based Minafin Group has appointed Bernhard Müller as Managing Director of its affiliate Minascent Technologies.
