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Arkema to Buy Mexico’s Polimeros Especiales

French specialty chemicals producer Arkema has announced it will acquire privately owned Mexican company Polimeros Especiales, a producer of high performance waterborne resins for applications in architectural and decorative paints, textiles, pressure sensitive adhesives and construction.

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WHO Declares Monkeypox International Emergency

The World Health Organization (WHO) has declared the global monkey pox outbreak to be a “public health emergency of international concern.” This is the organization’s second such declaration of the past two years, after Covid-19 in 2020.

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Air Liquide Invests in Two China Hydrogen Plants

Shanghai Chemical Industry Park Industrial Gases (SCIPIG), a subsidiary of French industrial gases group Air Liquide, will invest more than €200 million in two hydrogen plants and related infrastructure in China’s Shanghai Chemical Industry Park (SCIP).

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WuXi Expands API Competence in Asia

WuXi AppTec and its subsidiary Wuxi STA have announced several investments in manufacturing and research in Asia, with the Changzou campus in China’s Jiangsu Province a focal point.

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Röhm Begins China PMMA Build

Germany’s Röhm has begun construction of a capacity expansion in China for its Plexiglas polymethyl methacrylate (PMMA) molding compounds. A groundbreaking ceremony took place at the Shanghai site on Jul. 18 and the expanded plant is due to start operating by the second quarter of 2023.

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Shell Invests Billions in Sustainability

Shell Chemicals has announced it will earmark “billions of euros” from its current capital spending budget to make production assets more sustainable as it works to achieve net zero emissions by 2032.

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GSK’s Consumer Health Flotation Flags

The Jul.18 launch of GSK’s consumer healthcare spinoff Haleon on the London Stock Exchange – said to be the largest London listing in more than a decade – seems to have gone off more like a whimper than a bang.

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Cytiva Invests in US Resins Expansion

Life science company Cytiva has acquired a chromatography resins factory in Muskegon, Michigan, USA, marking its first investment in new capacity outside its manufacturing base of Sweden.

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Azelis Buys Malaysia’s ChemSol

Azelis is acquiring Chemical Solutions (ChemSol), a distributor of raw materials for the personal care, cosmetics and household market segments in Malaysia.

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ABL Inks Immunotherapeutics Pact with KaliVir

US-based ABL, which bills itself as a pure play CDMO specialized in the development and manufacturing of viruses for vaccine candidates, gene and cancer therapies, is partnering with KaliVir Immunotherapeutics on oncolytic viruses.

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Vertex Buys ViaCyte for $320 Million

US-based Vertex Pharmaceuticals has agreed to pay $320 million in cash to acquire ViaCyte, a compatriot private cellular therapy company specializing in a treatment for type-1 diabetes (T1D). The transaction is expected to close later this year.

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Solvias Boosts Testing Services with Cergentis Buy

Solvias, a Swiss CDMO serving the pharmaceutical, biotechnology, material science and cosmetic industries, has acquired Dutch biotech Cergentis for an undisclosed sum. The deal bolsters Solvias’ platform of biologics and cell and gene therapy (CGT) testing solutions.

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Perstorp “Green” Methanol Project Wins EU Aid

Project Air, a production facility for sustainable methanol in Stenungsund, Sweden, described by the project’s partners Perstorp, Fortum and Uniper as “unique,” has been selected as one of 17 large-scale “green tech” projects that will share more than €1.8 billion in aid from the EU Innovation Fund.

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CDC Study Finds Glyphosate in most Urine Samples

Glyphosate and the former Monsanto’s herbicide Roundup have returned to the headlines following last month’s publication of a 2013-2014 study by the US Centers for Disease Control (CDC) that that found traces of the herbicide’s active ingredient in the majority of urine samples collected.

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FDA Finally Greenlights Novavax Covid Vaccine

It took longer than expected, but the US Food and Drug Administration (FDA) on July 13 finally granted an Emergency Authorization (EUA) to Nuaxovid, the protein-based sCovid-19 shot developed by Novavax.

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3M Agrees PFAS Clean-up with Flemish Government

US conglomerate 3M has agreed with the Flemish government to spend more than €571 million on cleaning up PFAS-contamination at its site in Belgium. The Flemish government had ordered 3M to halt PFAS production at Zwijndrecht last October because of contamination levels.

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US Government Buys 3 Million Novavax Doses

The US Department of Health and Human Services (HHS) and the Department of Defense (DOD) have ordered 3.2 million doses of Novavax’s Covid-19 vaccine, even before the protein-based and adjuvanted shot has cleared the US Food and Drug Administration.

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Petrobras Closes Deten Sale to CEPSA

Brazilian oil group Petrobras has finalized the sale of its entire 27.88% stake in linear alkyl benzene (LAB) producer Deten Quimica to Spanish energy and petrochemicals group CEPSA Quimica for 514 million Brazilian reais.

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HRA Pharma Seeks FDA Approval for OTC Contraceptive

In the wake of the US Supreme Court’s recent overturn of Roe v. Wade, a 50-year-old decision by an earlier team of justices that guarantees women the right terminate a pregnancy, attention has turned to the so-called morning-after pill mifepristone – which remains legal for now – and easier access to birth control.

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Change of Owners for The Lycra Company

A group of four financial institutions have gained full control of The Lycra Company after former owner Ruyi Textile and Fashion International Group defaulted on a $400 million loan associated with its purchase from Invista in January 2019.

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FDA Panel Says Omicron Shots Best for Autumn

While Europe still deliberates, and municipalities monitor sewage to pinpoint the further spread of coronavirus subvariants, especially those evolving from the omicron variant, the US Food and Drug Administration’s advisory panel has voted 19-2 to recommend that the government’s autumn vaccination program be based on the second generation mRNA vaccines developed by Pfizer/BioNTech and Moderna.

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Avantium and Carlsberg Ink Offtake Deal for FDCA

Dutch biopolymer producer Avantium has won a new customer along the path to commercializing its renewable polyethylenefuranoate (PEF) as a replacement for fossil-fuel based PET, the material most used for plastic beverage bottles.

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FMC to Buy Denmark’s BioPhero

US-based agricultural sciences company FMC has entered into an agreement to buy BioPhero, a Danish pheromone research and production firm, for about $200 million.

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Lonza Builds Swiss Fill & Finish Facility

Swiss CDMO Lonza plans to build a large-scale commercial fill & finish facility in Stein. The new facility, to be located on the same campus as Lonza’s existing clinical drug product capabilities, will cost roughly 500 million Swiss francs and should be completed in 2026.

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Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.