Market Flash

In December 2023, the U.S. Food and Drug Administration (FDA) took action by issuing nine Warning Letters to manufacturers and distributors of unapproved over-the-counter (OTC) antimicrobial animal drugs.

• over-the-counter antimicrobial animal drugs

On January 1, 2024, a strong earthquake of magnitude 7.6 occurred near the Noto Peninsula in Ishikawa Prefecture, Japan. After the earthquake, there were constant reports of residents being injured in Ishikawa Prefecture and the surrounding Niigata, Fukui

• Janpan polyurethane market
• Janpan earthquake 2024

Just days after acquiring Karuna Therapeutics, Bristol Myers announced another multi-billion dollar acquisition. The Princeton-based drugmaker announced a definitive merger agreement under which it will acquire San Diego-based RayzeBio for $62.50 per shar

• Bristol myers
• RayzeBio

Last week (December 25-29, 2023), China's chemical index and petroleum index all rose.

• china chemical industry
• China petroleum

In November 2023, the European Union's Scientific Committee on Consumer Safety (SCCS) issued a number of final safety opinions and preliminary opinions on cosmetic raw materials, which are summarized as follows.

• EU SCCS

French mining group Eramet and US chemical coatings company Vibrantz Technologies signed a 10-year supply agreement for manganese ore in late 2023. Manganese ore is an important raw material for Vibrantz to produce lithium-ion batteries.

• Eramet
• Vibrantz
• manganese ore

The pharmaceutical industry is witnessing significant developments in different drug formats, creating momentum and attracting the attention of both investors and companies.

• drug format

Momentum investing is a strategy that involves following the recent trend of a stock, either in an upward or downward direction. In the case of a long-term approach, investors typically aim to "buy high and sell even higher."

• Momentum

A prominent food scientist from Queen's University in Belfast has raised concerns about the nutritional value and potential risks of many plant-based substitute meats, particularly for pregnant women.

• plant-based substitute meats

The recent disparity in drug prices between China and the United States has highlighted the robust financial capacity of the American pharmaceutical market.

• MENA region

The recent disparity in drug prices between China and the United States has highlighted the robust financial capacity of the American pharmaceutical market.

• MENA region

A prominent food scientist from Queen's University in Belfast has raised concerns about the nutritional value and potential risks of many plant-based substitute meats, particularly for pregnant women.

• plant-based substitute meats

The Indian food and beverage market is experiencing significant growth, driven by factors such as the country's diverse culinary traditions, increasing disposable income, urbanization, and changing consumer lifestyles.

• indian food and beverage market

The global sodium phosphate market is experiencing remarkable growth, driven by its extensive usage across various industries such as food and beverage, medical and pharmaceutical, personal care, and water treatment.

• disodium phosphate

The global sodium phosphate market is experiencing remarkable growth, driven by its extensive usage across various industries such as food and beverage, medical and pharmaceutical, personal care, and water treatment.

• disodium phosphate

As we step into the new year, let's explore the latest developments in the field of cancer treatment. Although the search for new targets in tumor immunity remains challenging, there have been notable advancements in various areas.

• cancer treatment

LG H&H recently launched new conscious beauty brand UGLY LOVELY, which upcycles "ugly crops" into ingredients to meet the growing demand for sustainable cosmetics.

On December 29, 2023, the signing ceremony of Beijing New Building to jointly reorganize Carpoly, one of the leading companies in China's coatings industry, was held in Beijing. Beijing New Building general manager Guan Li and Carpoly chairman Qiu Qiming

• Beijing new building
• Carpoly

On December 27, Germany’s BMEL published emergency regulations on Glyphosate, which suspend the total ban on Glyphosate and regulate existing restrictions on its use.

• Glyphosate
• Pesticide
• technical

According to romania-insider news on December 28, Newpharma Romania, a subsidiary of the Belgian group that applies artificial intelligence and digital technology in the pharmaceutical field, has established a partnership with Romanian cosmetics manufactu

• Newpharma
• Farmec Cluj Napoca