Dishman is building the biggest oncology and high potency drugs facility in Asia at its Bavla plant. The Rs500m ($11m) facility is being commissioned by Dishman's Carbogen Amcis subsidiary, which will also operate the facility. In addition, Dishman Pharmaceuticals is investing Rs5bn ($115m) in two special economic zones near Bavla. The chemicals and pharmaceutical zone is expected to house 50 facilities and the engineering zone 100 facilities. Work on the zones will start before the end of the year.
Business Standard
Financial Express
Sunday, 31 August 2008
Dishman builds Carbogen Amcis facility
Wednesday, 27 August 2008
CNOOC to establish fine chemicals park
CNOOC, the China National Offshore Oil Corp, as part of its current strategy to expand beyond its traditional upstream businesses will construct a fine chemical industrial park in the Shenzen special economic zone bordering Hong Kong. CNOOC has signed a memorandum of understanding with the government of Shenzhen city to jointly develop the park.
Trading Markets
Tuesday, 26 August 2008
Codexis expands Arch deal
Codexis has expanded its three-yeas strategic collaboration with Arch Pharmalabs. Codexis' Indian subsidiary will offer multiple pharmaceutical intermediates and APIs made with its biocatalytic processes, including intermediates used to manufacture generic atorvastatin (Lipitor), as well as the API itself.
Codexis
Dishman looks to $200m manufacturing contracts and acquisition
Dishman Pharma is currently in talks for $100-200m for its contract research and manufacturing business. Managing director, JR Vyas, puts this down to pharma companies exiting API manufacturing. Dishman is seeking an Asian acquisition to establish Carbogen Amcis as a full-service oncology package provider.
Money Control
Thursday, 21 August 2008
Jubilant invests in North America
Jubilant Organosys is integrating its North American operations. Jubilant will align Canadian Draxis Health with US subsidiary Hollister-Stier. Jubilant has also initiated a $20m capacity expansion programme.
Business Standard
Tuesday, 19 August 2008
Thursday, 14 August 2008
Tuesday, 12 August 2008
Sunday, 10 August 2008
SAFC to expand HP-API capabilities
SAFC Global is to expand its high potency API manufacturing capabilities with a new 4500m2 plant in the Verona Technology Park in Wisconsin. SAFC expects to close the deal for its $30m facility on 15 Aug. The company plans to break ground in October, complete construction in 2009 with a production starting in early 2010.
Verona Press
Thursday, 7 August 2008
API challenge for Cambrex
Despite Q2 sales rising 5% to $66.2m, Cambrex said its marginon sales decreased to 29.9% from 37.9% of sales. Cambrex said its lower sales of generic APIs were partially offset by higher custom manufacturing revenues. The company put the decrease in margins down to an unfavorable product mix, lower pricing on its largest API, and higher costs associated with the validation of the new API finishing facility in Milan, Italy.
Cambrex
Wednesday, 6 August 2008
New Institute aims to improve fine chemical processes
University of Leeds, UK, will link its research capacity with commercial needs for the fine chemical sector through its new Institute of Process Research and Development. The iPRD includes teams from the University’s School of Chemistry and School of Process, Environmental and Materials Engineering. The new institute, which is funded by industry as well as public funds, aims to develop production processes with greater efficiency and lower impact.
iPRD
NME approvals down in H1 2008
The FDA has approved only six NMEs in the first half of the year. In H1 2007 the agency approved seven. The approval level is usually similar in the second half of the year, which could mean this year is one of the wort for approvals.
In Vivo