News

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AbbVie to Acquire Cerevel Therapeutics for $8.7 Billion

07.12.2023 -

In a move to complement its neuroscience portfolio, US drugmaker AbbVie has agreed to acquire Cerevel Therapeutics, which has a pipeline of multiple clinical-stage and...

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Roche to Acquire Obesity Drug Maker Carmot

06.12.2023 -

In a move to participate in the race for anti-obesity drugs, Swiss pharma giant Roche has agreed to acquire Carmot Therapeutics, a privately owned US company based in...

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Clariant Closes Its Sunliquid Bioethanol Plant in Romania

06.12.2023 -

Swiss specialty chemicals company Clariant has decided to shut down its Sunliquid bioethanol production in Podari, Romania, and to downsize related activities of the...

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Asahi Kasei Invests in Canadian Anion Exchange Membranes Manufacturer

06.12.2023 -

Japanese manufacturer Asahi Kasei invests in Canadian startup Ionomr Innovations, known for its high-performance anion exchange membrane (AEM). The membrane has...

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Kemira Divests Oil and Gas Business to Sterling Specialty Chemicals

05.12.2023 -

In a move to focus on its core businesses, Finnish chemicals company Kemira has signed an agreement to divest its oil and gas-related portfolio for €260 million to...

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Net-Zero Chemicals Industry Initiative Relaunches as Global Impact Coalition

05.12.2023 -

The CEO-led chemical industry initiative, now known as the Global Impact Coalition (GIC), has been relaunched with seven founding members and support from over 70 senior...

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Capchem USA Evaluating €320 Million Investment in Louisiana

05.12.2023 -

Capchem Technology USA Inc., a subsidiary of Shenzhen Capchem Technology Co., may invest €320 million ($350 million) in building an integrated carbonate solvent and...

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RoslinCT to Join Manufacturing Network for CRISPR-Based Therapy

04.12.2023 -

UK’s RoslinCT, a cell and gene therapy contract development and manufacturing organization, will be part of the Vertex Pharmaceuticals global network producing the CRISPR...