News

News

Lilly to Acquire Obesity Drug Maker Versanis

17.07.2023 -

Major drugmaker Eli Lilly has agreed to acquire Versanis Bio, a privately held obesity drug maker, for up to $1.925 billion. The transaction is subject to customary...

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Wuxi Biologics Plans Spin-off and Separate Listing of Wuxi XDC

14.07.2023 -

Chinese contract research, development, and manufacturing organization (CRDMO) Wuxi Biologics announced the planned spin-off and separate listing of its subsidiary WuXi...

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ExxonMobil Acquires Denbury Valued at €4.5 Billion

14.07.2023 -

ExxonMobil has acquired Denbury, a carbon capture, utilization, and storage (CCUS) and enhanced oil recovery company. The all-stock transaction is valued at €4.5 billion...

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Asahi Kasei Moves Headquarters of its Healthcare Business to the USA

13.07.2023 -

The Japanese technology group Asahi Kasei has moved the headquarters for its healthcare business from Japan to the US for strategic growth.

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BP Wins €6.8 Billion Contract to Build Two Wind Farms off the German Coast

13.07.2023 -

BP will develop two offshore wind projects as its entry into Europe's offshore wind market. The North Sea sites, with a 4GW total potential generating capacity, will be...

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Merck Expands Cell Culture Media Production in Kansas, USA with €23 Million Investment

13.07.2023 -

Lenexa site becomes the largest production facility of dry powder cell culture media in North America.

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BASF and Polyester Resin Producer KHUA Cooperate in China

12.07.2023 -

KHUA plans to build a production plant for high-quality powder coatings in Zhanjiang and concludes a supply agreement for the precursor neopentyl glycol with BASF.

News

Olon Appoints Maurizio Sartorato as Vice President of Biotech Division

12.07.2023 -

Maurizio Sartorato has joined international API supplier Olon as Vice President of the group's Biotech division. In his new role, he will be a member of Olon’s leadership...