Keyword: investment

News

Merck Invests $70 Million to Expand ADC Production for Cancer Therapies

30.10.2024 -

Merck KGaA has announced a €70 million expansion of its ADC manufacturing capacity at its Centre of Excellence for Bioconjugation in St. Louis, Missouri, USA. The...

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GSK to Invest $800 Million in US Manufacturing Facility

29.10.2024 -

British pharma company GlaxoSmithKline (GSK) plans to invest up to $800 million to expand drug substance and drug product manufacturing capabilities at the company’s US...

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Eni to Invest €2 Billion in the Transformation and Relaunch of Versalis

25.10.2024 -

Italian energy group Eni has finalized its transformation and relaunch plan for Versalis, its chemicals business. As part of the plan, Eni will invest about €2 billion to...

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Rentschler Plans New Buffer Media Facility at its Headquarters

25.10.2024 -

In a move to further increase production efficiency and modernize the site, German contract development and manufacturing organization (CDMO) Rentschler Biopharma plans...

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Avantium Opens Biobased FDCA Plant in the Netherlands

23.10.2024 -

Dutch renewables specialist Avantium has officially opened its FDCA (furandicarboxylic acid) flagship plant in Delfzijl, the Netherlands. Plans for what was said to be...

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Cambrex Opens New Stability Storage Facility

17.10.2024 -

Today, Cambrex announced its stability storage business, Q1 Scientific, and opened a new cGMP facility in Durham, North Carolina, expanding its capacity for...

News

Piramal to Expand US Facility for Sterile Injectables

04.10.2024 -

US contract development and manufacturing organization (CDMO) Piramal Pharma Solutions (PPS), part of India-headquartered Piramal Pharma, plans to invest $80 million for...

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Lilly Announces New $4.5 Billion Site

03.10.2024 -

Eli Lilly and Company (Lilly) recently announced a $4.5 billion (€4.07 billion) investment to create the Lilly Medicine Foundry, a new center for advanced manufacturing...