Tuesday, 19 June 2012
Lonza has completed the installation of a new GMP clean room in Houston, Texas, for its vaccines and gene therapy business
Piramal negotiating to acquire Cambridge Major
Piramal Healthcare is currently in negotiations to acquire Cambridge Major for around $200m. The report appears to confirm earlier comments by the company. A source lose to the situation, quoted in Financial Express, said "Early stage negotiations are on and it will take a while to conclude the deal." Cambridge Major has not commented on the speculation.
Financial Express
Wednesday, 13 June 2012
Ubichem adds capacity in Hungary
Ubichem has added a new manufacturing site in Budapect, Hungary. Ubichem Pharma Manufacturing's 55,0002 facility will produce starting materials, intermediates and other fine chemical products for pharma and non-pharma applications.
Ubichem
Thursday, 7 June 2012
Strong sales for Johnson Matthey
Johnson Matthey reported that sales for its fine chemical division rose 16% to £285m and operating profit rose 24% to £69.7m. The company said this was boosted by strong demand and supported by a very strong performance from its API manufacturing businesses. Sales in API manufacturing rose 18% to £206m.
Johnson Matthey
Wednesday, 6 June 2012
Piramal looks to acquire
Piramal Healthcare is looking to expand its contract manufacturing business and is already in talks with some contract manufacturing companies in Europe and the US. Chief operating officer, Vijay Shah, said the company wants to scale up the contract manufacturing business to become one of the world's top five.
Live Mint
Tuesday, 5 June 2012
Siegfried adds sterile filling
Siegfried has acquired Alliance Medical Products in Irvine, CA, to add sterile filling services. Siegfried paid $58m in cash with a contingent earn-out consideration subject to AMP meeting defined profitability goals for the fiscal year ended December 31, 2013.
Siegfried
Profits fall at Angel
Angel Biotechnology has reported revenues of £3.456m for the peered ended 31 March. Profits fell from £1.9m to £1.2m partly as a result of the expenditure prepare its Cramlington facility for its initial MHRA inspection. The company plans to continue consolidating its businesses in the coming year.
Proactive Investors
Tuesday, 29 May 2012
Evonik IPO to proceed
Evonik's owners RAG and CVC plan to go ahead with an IPO of the chemicals unit in June. Reports suggest the firm could raise €5bn after delaying the IPO last year.
Reuters