Wednesday, 26 January 2011
Strong 2010 for Albemarle fine chemicals
Albemarle's fine chemicals business unit reported record income in Q4 2010, up 39% on 2009 to $26.3m. The company said the improvement was due primarily to favourable pricing and mix as well as favourable sales and production volumes, which were partly offset by higher variable input costs. The unit saw sales of $569m in 2010 up 13% on 2009. Mark Rohr, Albemarle's Chairman, President and CEO, said the company was looking at a number of potential bolt-ons for the business unit.
Seeking Alpha
Tuesday, 25 January 2011
FDA publishes drug manufacturing guidance
The US FDA has published an industry guidance on the general principles and approaches that FDA considers appropriate elements of process validation for the manufacture of human and animal drug and biological products, including APIs or drug substances. The FDA says the guidance aligns process validation activities with a product lifecycle concept and with existing FDA guidance, including the FDA/International Conference on Harmonisation guidances for industry.
FDA
Monday, 24 January 2011
ICIG launches WeylChem International
WeylChem International has been launched by International Chemical Investors Group to market the groups custom and toll manufacturing capabilities. In addition, WeylChem will focus on supply chain optimisation between ICIG' fine chemicals businesses in Germany, France, Italy and the US.
WeylChem
Wednesday, 19 January 2011
Monday, 17 January 2011
Phoenix enters administration
Phoenix Chemicals has told its workforce in Annan, Scotland, and Bromborough, England, that it has entered administration. The company is seeking ways to keep its two facilities open.
ShangPharma starts cGMP facility
ShangPharma has begun operations at its new facility in Fengxian, China. The cGMP multi-purpose pharmaceutical development and manufacturing facility includes a pilot plant with reactor capacities ranging from 200L to 3000L as well as reactors for high temperature, cryogenics, highly toxic and pressurised reactions, including hydrogenation.
Seeking Alpha
Thursday, 13 January 2011
Aurobindo sells subsidiary to Sinochem
Sinopharm is acquiring a 51% stake in Aurobindo Pharma's Chinese subsidiary, Aurobindo (Datong) Bio Pharma Co. Ltd (ADBPL). Sinopharm will later acquire a further 29.5% stake, reducing Aurobindo's holding to 19.5%. Aurobindo will receive $50m for the stake, $23m of which is a repayment of a loan to the subsidiary. Aurobindo's senior manager for investor relations, Tathagato Roychoudhary, said "in the second round of stake sale, Sinopharm will infuse cash into ADBPL to relocate its factory to expand capacity as regulated by the Chinese government".
India Infoline
Wednesday, 12 January 2011
DSM signs enzyme supply agreement with Codexis
DSM Pharmaceutical Products will use Codexis enzymes for commercialisation of sustainable enzyme-based pharmaceutical manufacturing routes developed by its InnoSyn route scouting services.
Codexis
Tuesday, 11 January 2011
Raptor engages Cambrex and Patheon
Raptor Pharmaceutical has engaged Cambrex to manufacture of the API and Patheon to produce the commercial product for its DR Cysteamine its nephropathic cystinosis treatment.
Raptor Pharmaceutical
Euticals acquires Archimica
Italian API manufacturer Euticals SpA will acquire Archimica from TowerBrook Capital Partners. The sale price was not disclosed. Towerbrook acquired the Archimica business from Clariant in June 2006 for approximately €70m. Archimica has approximately 550 employees at six production sites in Italy, France, Germany, US and UK.
Wall Street Journal
Monday, 10 January 2011
Lonza's Borgas wary of strong SFr
Lonza's CEO Stefan Borgas has warned that the strong Swiss franc will be a major challenge for the Swiss economy in the next five years. He added that products made in Switzerland will become less competitive on a global scale.
Reuters
AMRI consolidates drug discovery operations
AMRI has merged its discovery R&D and discovery chemistry departments to form a Global Drug Discovery organisation. The company will combine its discovery chemistry and biology functions into a single unit at its locations worldwide.
RTT
Sunday, 9 January 2011
Dishman facility due online in April
Dishman's facility in Shanghai, China, is expected to begin commercial operations in April. Dishman's CFO, VVS Murthy, says the $10m facility will eventually contribute about $20-25m/year in the future from contract manufacturing of APIs for European clients.
DNA India
Thursday, 6 January 2011
Sinochem buys share of DSM penicillin business
Sinochem has acquired a 50% stake in DSM's penicillin operation for €210 million euros. DSM, which has been searching for a partner for the business for six years aims to unlock sales in one of the world’s fastest-growing markets.
Bloomberg
Thursday, 16 December 2010
Aesica expands into Europe
Aesica is to acquire three pharmaceutical manufacturing facilities from UCB. Aesica will acquire facilities in Monheim and Zwickau in Germany and Pianezza in Italy. In addition Aesica has signed a long-term supply agreement to supply UCB's products. 600 employees will be transferred from UCB to Aesica. Aesica believes acquisition of the UCB sites "will support and enable its future growth and evolution". Financial details of the deal, which is expected to close in Q1 2011, were not revealed.
Manufacturing Chemist
Tuesday, 14 December 2010
Thursday, 9 December 2010
Thursday, 2 December 2010
Wednesday, 1 December 2010
Thursday, 25 November 2010
Eden to expand facility
Eden Biodesign is to invest $100m in expanding its Liverpool, UK, manufacturing facility. The company plans to recruit 35 additional staff to fulfil Watson’s five-year contract to develop a Follicle Stimulating Hormone.
Liverpool Daily Post
Good H1 for Johnson Matthey
Sales for Johnson Matthey's fine chemicals division rose 8% to £122m in H1 and for its APIs manufacturing businesses, Macfarlan Smith and Pharmaceutical Materials and Services, sales rose 5% to £88m. The company said that growth at Macfarlan Smith was led by sales of bulk opiates and other controlled APIs and Pharmaceutical Materials and Services' strong performance was mainly due to continued good growth in sales of specialist opiates, amphetamines and platinum anticancer APIs.
Earlier in November, Johnson Matthey acquired a dedicated APIs manufacturing facility in Conshohocken, PA, together with some ongoing businesses. The company said the facility will provide additional capacity and greater flexibility to continue to grow its North American controlled substances business.
Johnson Matthey
Monday, 22 November 2010
Aurelius complete KemFine acquisition
Aurelius has completed its acquisition of KemFine. Aurelius plans to rename the Grangemouth, UK, based operation and expand its product line through acquisitions.
Herald Scotland
Thursday, 18 November 2010
Lonza partners with California Peptide Research
Lonza has partnered with California Peptide Research to provide small scale synthesis of peptides to the North American market, complementing its existing capabilities across Europe and in Asia. The alliance will provide customers with services from research through commercial supply and enable a seamless transition of projects between CPRI's small-scale facility and Lonza's cGMP facilities.
GEN
Roche to sell Colorado facility
As part of a company-wide programee of job cuts and plant closures, Roche plans to sell its Roche Colorado plant in Boulder. Roche acquired the site 16 years ago as part of its acquisition of Syntex. Roche Colorado is focussed on the production of peptides and employs 280 workers. John Tayer, a Roche Colorado spokesman, said "our expectation is that we will continue to build on our strong record of achievement in the peptide arena both in technical development and manufacturing, and whoever buys us would have a long-term relationship with Roche".
Boulder County Business Report
Tuesday, 16 November 2010
Angel shares rise
Shares in Angel Biotechnology rose 80% today following the announcement that ReNeuron had commenced its Phase I clinical trial for disabled stroke patients using neural stem cells. Angel manufactures the stem cells for ReNeuron.
InvestEgate
Lonza and Dalton collaborate
Lonza has partnered with Dalton Pharma Services to provide customers, primarily in North America, with early phase chemistry and kg-lab manufacturing services for small molecules.
Lonza
Thursday, 11 November 2010
Mixed results for AMRI
AMRI reported mixed results from its contract manufacturing businesses in Q3 2010. The small scale manufacturing contract revenue decreased 6% to $9.1m, while large scale manufacturing contract revenue increased 20% to $21.9m. Thomas D'Ambra, AMRI's chairman, president and CEO said “results this quarter reflect the continued shift in customer demand for services in Asia and Europe, as evidenced by the on-going growth of our international locations". He also said it would take longer than expected to realise the synergies from AMRI's two recent acquisitions in Wales, UK and Burlington, MA. have shown signs that it will take a few months longer to demonstrate the synergies to our business than we first had anticipated. He added that AMRI was using internal and external resources to address concerns raised in an FDA Warning Letter for its Burlington sterile fill and finish business and hopes to have resolved the matter in H1 2011.
AMRI
Tuesday, 9 November 2010
Angel to add capacity
Angel Biotechnology is planning to add additional GMP capacity in order to meet the demand of new orders and support the company's growth plans. Angel is in advanced discussions to take over a mothballed GMP-standard manufacturing facility, which when fully commissioned would have the potential to increase its GMP manufacturing capacity further by approximately five-fold. The company is also exploring a number of other options, but its preferred choice would be the mothballed facility, which can be brought on line in phases and in a shorter time frame than a new build.
InvestEgate
Dottikon expects loss
Dottikon expects to report considerably lower net sales and a net loss for its H1 2010/11, ended 30 September. The company said this was caused by several discontinued and delayed projects in the late development phase and ongoing currency pressure.
Dottikon
Monday, 8 November 2010
Avantor acquires RFCL
Avantor Performance Materials (formerly Mallinckrodt Baker) is to acquire RFCL (formerly Ranbaxy Fine Chemical Ltd) from ICICI Venture. Reports suggest that ICICI has sold around 90% of its holding in a deal worth $101-113m. ICICI Venture had bought RFCL for only $22m. In 2008, ICICI Venture was planning to acquire Mallinckrodt Baker but did not agree a price. ICICI has been seeking a buyer since the summer.
Economic Times
SiFy
Cambrex sales fall
Sales at Cambrex fell 15% to $49.4m in Q3. The company said the fall was primarily due to the timing of orders for certain products, the effects of a supply chain disruption at a customer's facility, a negotiated contract extension for certain drug delivery products resulting in lower volumes and pricing, and lower custom development and controlled substances shipments. However, the company said it had higher sales volume of generic APIs.
Cambrex
Wednesday, 3 November 2010
Jacobs to provide engineering for Porton facility
Jacobs Engineering will provide detailed engineering services for a new multi-purpose GMP manufacturing facility at Chongqing Changshou Chemical Industrial Park, Chongqing, China, for Porton Fine Chemicals.
Jacobs Engineering
GAO unhappy with FDA inspections
The US General Accountability Office has reported that the FDA failed to implement earlier recommendations that would close the gap between the agency’s approach to inspecting domestic and foreign drug manufacturing facilities. Despite a budget increase from $12m in 2008 to $41m in 2009, the agency only inspected 11% of foreign facilities and 42% of US facilities.
Pharmalot
DSM pharma results negative
DSM reported that despite seeing a 4% rise in sales to €168m in Q3, its operating profit was -€6m, below that from the same period in 2009. The company said this was the result of no change in the challenging business dynamics that the entire pharmaceutical industry is facing.
DSM
Codexis acquires rights to IP
Codexis has acquired the MolecularBreeding technology portfolio from its Maxygen for $20m in cash. Codexis will no longer have to make royalty payments to Maxygen, which spun out Codexis in 2002. Codexis will now be able to apply the technology in new markets, subject to previously agreements signed by Maxygen.
Silicon Valley/San Jose Business Journal
Thursday, 28 October 2010
Wednesday, 27 October 2010
Swiss Franc and regulators hit Lonza
Lonza said currency exchange to the Swiss Franc was having a impact despite solid sales in Q3. In its Custom Manufacturing business, Lonza said its capacity utilisation and project pipelines continue to increase. In its chemicals manufacturing Lonza has almost 300 projects in the pipeline and is seeing utilisation of almost 75%. In biological manufacturing Lonza has about 240 projects and capacity utilisation just over 75%. The company said the overall positive outsourcing trend it is seeing is counterbalanced by ongoing volatility due to more stringent drug approvals by regulatory authorities, especially in chemical custom manufacturing.
Reuters
Tuesday, 26 October 2010
Fine chems sales grow in Albemarle Q3
Albemarle's fine chemicals business showed sales grow 7% to $138.4m in Q3 2010. The company said this was due primarily to higher volumes and improved pricing.
Albemarle
SAFC sales grow in Q3
Sales at Sigma-Aldrich's ice chemicals business unit, SAFC, grew 12% to $167m in Q3 2010. The company said this was partly due to improved growth in the sale of bulk chemical products for development and manufacturing. Rakesh Sachdev, Sigma-Aldrich's SVP, CFO and Chief Administrative Officer, expects SAFC sales in Q4 to continue to be strong, but said he expected the comparison to last year will be less favourable than earlier quarters as a result of strong sales of adjuvants for the H1N1 vaccine, which occurred in the fourth quarter of 2009. Jai Nagarkatti, Sigma-Aldrich's Chairman, President, and CEO, said that in Q3 SAFC's pharma sales grew in the US but fell in Europe.
Seeking Alpha
Tuesday, 19 October 2010
Monday, 18 October 2010
Reaxa spins out antibody tech
Reaxa has spun out its antibody drug purification technology business. The new company, ADC Biotechnology, will use IP licensed from Reaxa and aims to deliver significant reduction in manufacturing costs for the new generation of cancer drugs based on antibodies.
Manufacturing Chemist
Thursday, 14 October 2010
Tuesday, 12 October 2010
Almac invests in biocatalysis
Almac is investing $4m in broadening its biocatalysis R&D expertise. The company said the investment "will be used primarily to focus around discovery of new biocatalytic platforms that can be rapidly implemented and scaled delivering cost effective processes to chiral intermediates".
Almac
SAFC complete Jerusalem expansion
SAFC has completed the expansion of its fermentation capabilities in Jerusalem, Israel. The 5000m2 facility, which is expected to begin production during October 2010, will focus on niche fermentation of APIs and bulk drugs, producing secondary metabolites (antibiotic-like molecules), cytotoxins and large-molecule proteins. 3000m2 of the new facility has been designed to be Biosafety Level 2 compliant which provides the company the capability for manipulation of human pathogens.
GEN
Monday, 11 October 2010
BASF adds microreactors
BASF has added two microreactors at its Ludwigshafen, Germany, site to manufacture chemical products on a small scale. One reactor can produce samples of up to about 20 kilograms, and the other can manufacture quantities ranging from one to 50 tonne. BASF said the microreactors operate continuously and are used for reactions that require high pressure or release high levels of heat. The continuous mode of operation and the short reactor residence time of the reaction media ensure end products of consistently high quality.
BASF
Elan launches manufacturing business
Elan Drug Technologies launched its Manufacturing Services business at CPhI. The new business provides drug product optimisation, scale-up and commercial scale manufacturing of solid oral dosage forms to pharmaceutical companies.
Elan Drug Technologies
Wednesday, 29 September 2010
UKTI seeks companies for UK pavilion at ChemSpec Middle East
UK Trade & Investment is seeking UK-based companies offering UK origin (or high UK added value) products and services within the fine and speciality chemical industry with the objective of meeting a Middle Eastern client base at ChemSpec Middle East on 29-30 November 2010.
Chemicals NorthWest
DSM and Crucell launch newco
DSM and Crucell have launched Percivia LLC, a joint venture focused on the development of "biobetter" proteins and monoclonal antibodies using their PER.C6 technology. The company, which will be based in Cambridge, MA, will also license the PER.C6 human cell line for production of third party monoclonal antibodies and other proteins.
Crucell
Tuesday, 28 September 2010
KemFine UK sold to Aurelius
KemFine has sold its UK facility in Grangemouth to Aurelius. Financial details have not been disclosed and the deal is expected to close later this year. In February, Aurelius acquired Isochem from SNPE.
The Scotsman