Market Flash

Japanese brewer giant Kirin announced today that it will acquire all shares of Japanese cosmetics and food supplement company Fancl for approximately $1.4 billion (1.3 billion euros), a move aimed at reducing its dependence on depressed core markets.

• Kirin
• Fancl

Brand Management Group (BMG), a division of S-One Holdings Corporation, is now the exclusive distributor of Marabu liquid laminates in the U.S.

• Brand Management Group
• Marabu

This year, the global potassium chloride market will be about 70 million tons

• potassium
• chloride
• Pesticide

As China's population is rapidly aging, Alzheimer's disease (AD) has gradually emerged as a major public health challenge facing the country.

In 2023, more than 80 listed pharmaceutical companies in China reduced their workforce by over 10%.

On June 14, 2024, Kazakh Prime Minister Askar Mamin met with David Manghini, President of PepsiCo for Central Asia, Russia, Belarus, and the Caucasus region, in Nur-Sultan.

The seller's advisory services were provided by the specialized investment firm Squarefield in the food and agriculture sector.

In the past week (June 10 to June 14), countries such as South Korea and Japan have announced various policy measures and violation information related to food import and export.

Germany reported through the system on June 12, 2024 that Salmonella was detected in frozen poultry meat products exported from Brazil.

Spain reported through the system a case of non-conformity regarding a batch of peeled and cooked shrimp it had exported.

Recently, the Ningxia Hui Autonomous Region Market Supervision and Management Bureau has officially released detailed information on the 24th period of food safety supervision and sampling inspection in 2024.

After in-depth analysis and evaluation, lobster prices from the Canadian docks to the US market, and further expanding to the international wholesale market, have reached historical lows and are expected to rise in the near future.

Sika has opened a new plant in Liaoning, the largest province in northeastern China. The plant will produce a full range of products including mortars, tile adhesives and waterproofing solutions.

• Sika

Kyowa Kirin Co., Ltd. announced that its board of directors has approved plans to invest up to $530 million to build a new state-of-the-art manufacturing facility in Sanford, North Carolina.

• Kyowa Kirin

As a traditional power in European biopharmaceutical manufacturing, Italy possesses outstanding technology, excellent products, and a comprehensive R&D system in the pharmaceutical field.

Recently, the company has proposed a $40 million settlement plan in an attempt to resolve the litigation crisis stemming from its flagship HIV drug.

AstraZeneca recently announced that its supplemental new drug application (sNDA) for the next-generation EGFR-targeted drug Osimertinib (Tagrisso) has been accepted by the U.S. Food and Drug Administration (FDA) and granted priority review status.

According to the latest statistics, cell and gene therapies are rapidly emerging as a hot topic in the pharmaceutical field due to their unique therapeutic advantages.

In the fierce competition of the global weight loss market, semaglutide has stood out for its impressive weight loss effects, attracting the attention of many obese patients and those seeking to improve their physique.

Sutro Biopharma, a NASDAQ-listed American company, and the renowned French pharmaceutical company Ipsen, entered into a global exclusive licensing agreement.