Market Flash

Arkema has achieved a new milestone on the road to sustainability by receiving ISCC+ certification for its Villers Saint Paul plant in France.

• Arkema
• ISCC plus

The Ministry of Agriculture and Farmers' Welfare of the Indian state of Punjab has issued a notice banning the sale, distribution and use of 10 pesticides with high residues in the state from July 15, 2024,

• Carbendazim
• Acephate
• Chlorpyrifos

The European Union (EU) has recently issued a notification to China regarding the export of non-compliant polypropylene lunch boxes.

In a recent development, China's exported green tea has faced a setback as it was found to contain excessive pesticide residue.

Novonesis and Biotalys, two prominent companies in the agricultural industry, have announced a long-term collaboration to develop and commercialize the biofungicide EVOCA NG.

Master Bond launches UV15RCL, a low viscosity epoxy-based UV system for bonding, sealing and coatings. UV15RCL is a cationic curing system with special color changing properties.

• Master Bond
• UV15RCL
• Epoxy based UV system

In a recent development, Brazil has announced the tightening of control measures on the largest market for the insecticide thiamethoxam. This decision has sparked strong opposition from farmers and the manufacturer of the product, Syngenta.

In a recent announcement, the Ministry of Health, Labor, and Welfare in Japan unveiled their plans to revise the maximum residue limits (MRLs) for certain agricultural and veterinary drugs in food products.

In an unprecedented achievement, a prominent biotech company has reported a staggering surge in performance, with revenues skyrocketing by 3.7 billion yuan. This remarkable feat marks Akeso Biopharma's first-ever annual profit since its inception.

Qyuns Therapeutics, commonly known as the "Self-Immunity Pioneer," commenced trading on the Hong Kong Stock Exchange today.

Everest Medicines announced that Nefecon®, their groundbreaking drug for the treatment of primary IgA nephropathy in adults at risk of disease progression, has received approval from the Health Sciences Authority (HSA) in Singapore.

In a dramatic turn of events, the biotech industry has witnessed a power struggle that resulted in the ousting of a prominent founder.

France's Pochet Group and Japan's Koa Glass announced the signing of a strategic partnership to share their respective glass expertise and pool development and production capabilities to meet the needs of the beauty market.

• Pochet
• Koa glass

This medical beauty and skin care brand was acquired by L'Oréal in 2022 and is currently making its Canadian debut. SkinBetter Science will be available in approximately 100 medical aesthetic clinics nationwide and on the skinbetter website.

• L'Oréal
• SkinBetter Science

BIO-THERA Pharmaceuticals, a leading biopharmaceutical company, has recently announced a major milestone in its global expansion strategy.

New RadioMedicine Technology, a leading healthcare company specializing in the research, development, and industrialization of radiopharmaceuticals, has successfully secured over 300 million yuan in Series C funding.

Contineum Therapeutics, a leading biotechnology company based in the United States, has recently submitted its Initial Public Offering (IPO) application, signaling its intention to go public on the Nasdaq stock exchange.

Peptides have emerged as a revolutionary force in the field of pharmaceuticals, consistently gaining recognition in clinical settings and experiencing exponential market growth.

India's Food Safety and Standards Authority (FSSAI) recently published a comprehensive list of approved processing aids for food processing.

In a recent development, the European Union (EU) has issued a notification to China regarding the non-conforming exports of seasonings and aluminum beverage bottles.