Company Dynamic
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Novartis Targets $830 Million CSU Market with New Drug Developments
2025-03-17Novartis has made significant strides in the chronic spontaneous urticaria (CSU) market, announcing a priority review application for its BTK inhibitor Remibrutinib and a $830 million deal to acquire Kyorin's clinical-stage MRGPRX2 antagonist.
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Roche Secures $5.3 Billion Deal for New Weight Loss Drug Target Shaking Up Market
2025-03-17On March 12, Roche made headlines by announcing a groundbreaking partnership with Danish pharmaceutical company Zealand Pharma to develop and commercialize Petrelintide, an amylin analog.
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Challenge to AstraZeneca's Cancer Drug as Synlogic's TY-9591 Outperforms Osimertinib
2025-03-17On March 9, Synlogic announced that its self-developed drug TY-9591 has successfully outperformed AstraZeneca's renowned lung cancer treatment, Osimertinib, in a pivotal Phase II clinical trial.
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Urgent Update on Anti-Dumping Investigation for BOPET from China, India, and Thailand
2025-03-17Recently, the Indonesian Anti-Dumping Committee announced the initiation of a second sunset review investigation into Biaxially Oriented Polyethylene Terephthalate (BOPET) originating from China, India, and Thailand.
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BASF Drives Change in Automotive Repair with Continued Support for Young Talent
2025-03-17With its premium automotive repair paint brand, Glasurit® Parrot, BASF continues to be the exclusive global industry partner for the World Skills Competition in automotive painting.
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LANXESS Launches New Rubber Additive to Make Tires More Durable
2025-03-17LANXESS' new rubber additive Vulkanox HS Scopeblue helps tire manufacturers to produce more sustainable, longer-lasting tires and achieve their sustainability goals.
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Evonik Coating Additives Launches First Mass Balance Products for Coatings and Inks
2025-03-17Evonik Coating Additives launches its first two mass balance products, TEGO Wet 270 eCO and TEGO Foamex 812 eCO, providing coatings and ink formulators with the same high-performance defoamer and wetting agent properties they expect.
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Sinopec Expands Guangzhou Hydrogen Fuel Center to Produce 15 Metric Tons Per Day
2025-03-17Sinopec recently completed the expansion of its hydrogen fuel cell supply center in Guangzhou, Guangdong Province, bringing its daily production to 15 metric tons of 99.999% pure hydrogen, with an annual output of approximately 5,100 tons.
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AkzoNobel Repurposes Industrial Residues into SustainableFloor Coatings
2025-03-14AkzoNobel Brazil is using industrial residues as a more sustainable raw material for its paint production.
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KRAHN Chemie to distribute Lamberti’s polymer beads in Germany and Austria
2025-03-14KRAHN Chemie and specialty chemicals manufacturer Lamberti have announced a new partnership. With this distribution agreement, KRAHN will now offer polymer beads in various particle sizes and hardnesses in Germany and Austria.
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La Roche-Posay Recalls Effaclar Duo Over Benzene Contamination Risk
2025-03-14On March 12, La Roche-Posay announced a recall of all batches of its Effaclar Duo product in the United States due to the detection of trace amounts of benzene, a known carcinogen.
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Lanxess Unveils Online Version of LewaPlus Software at Aquatech Amsterdam
2025-03-14At the Aquatech exhibition in Amsterdam, Lanxess will introduce the online version of its LewaPlus software, designed for the planning and design of ion exchange systems.
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BASF Launches New EcoBalanced Product Reducing Carbon Footprint by 50 Percent
2025-03-14BASF, a global leader in melamine foam production, has unveiled its new Basuert® EcoBalanced product, which significantly reduces the carbon footprint (PCF) by 50% compared to standard grades.
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Rianlon Invests $300 Million in Malaysia: A Strategic Leap Forward in Polymer Additives and Global Expansion
2025-03-14Rianlon announced that it intends to establish a wholly-owned subsidiary in Singapore and, through the Singapore subsidiary, establish a wholly-owned company in Malaysia.
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CNOOC plans to start up an upgraded joint-venture refinery complex in Ningbo with a total investment of 20 billion yuan
2025-03-14Industry sources said China National Offshore Oil Corporation (CNOOC) plans to start up an upgraded joint-venture refinery complex around June, marking the state-owned producer's further expansion into refining and petrochemicals.
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Walgreens Acquired by Sycamore Group in $23.7 Billion Transaction
2025-03-13Walgreens Boots Alliance Inc. (WBA) has entered into a definitive agreement to be acquired by private equity firm Sycamore Partners for up to $23.7 billion.
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BASF Signs Recycled Feedstock Offtake Agreement with Braven
2025-03-13BASF has signed a supply agreement for Braven PyChem with Braven Environmental, a market leader in advanced recycling.
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Pfizer Appoints Dr. James List as New Chief Medical Officer for Internal Medicine
2025-03-13Pfizer announced the appointment of Dr. James List as its new Chief Medical Officer for Internal Medicine. In this pivotal role, Dr. List will oversee Pfizer's internal medicine portfolio, managing everything from early drug discovery to late-stage develo
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Bayer CEO Bill Anderson Faces 21% Salary Cut to €8.84 Million Amid Restructuring
2025-03-13Bayer's CEO, Bill Anderson, has seen his total compensation drop to approximately €8.84 million ($9.6 million) for 2024, marking a 21% decrease compared to the previous year.
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Eli Lilly CEO Sees 10% Pay Rise to $29.2 Million Amid Booming Drug Sales
2025-03-13On March 10, 2025, it was reported that Eli Lilly's CEO, David Ricks, has experienced a 10% increase in his total compensation for 2024, bringing his earnings to an impressive $29.2 million.
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