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Lilly Invests $2.1 Billion in New Indiana Facilities

08.06.2022 -

US drugmaker Eli Lilly has announced plans to invest $2.1 billion to expand its manufacturing footprint by setting up two new sites in Boone County, Indiana. The...

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Milliken Invests in Coating Additives Lab

07.06.2022 -

US plastics additives and colorants manufacturer Milliken said it has made a “significant investment” in the coating additives laboratory it acquired in the early 2021...

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Sumitomo Chemical to Sell Nufarm Stake

07.06.2022 -

Japan’s Sumitomo Chemical has decided to sell its stake in Australian agrochemicals company Nufarm. Sumitomo’s holding represents 15.9% of Nufarm’s outstanding shares.

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FDA Greenlights GSK’s MMR Vaccine

07.06.2022 -

The US Food and Drug Administration (FDA) has greenlit GSK’s Priorix-branded GSK’s mumps and rubella vaccine (MMR) for people 12 months and older. It is only the second...

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AkzoNobel Boosts African Presence with Kansai Paint Buy

03.06.2022 -

AkzoNobel has agreed to buy Kansai Paint’s activities in Africa, strengthening its footprint in the region. The sale is expected to close in 2023, subject to regulatory...

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Agrofert Bids for Borealis’ Nitrogen Business

03.06.2022 -

Polyolefins and fertilizer producer Borealis has received a takeover offer for its nitrogen business from Czech Republic-based Agrofert. The deal that would include...

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Johnson Matthey Closes Sale of Health Business

03.06.2022 -

Johnson Matthey has completed the sale of its Health business to US-based private equity firm Altaris Capital Partners for £325 million. As part of the transaction...

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Pfizer to Quit GSK Consumer JV with Cash Windfall

03.06.2022 -

Pfizer is set to start divesting its 32% stake in Haleon, the consumer health joint venture with GSK, when the British pharma completes the company’s spinoff and Haleon...