Market Flash

Shilpa Medicare, a leading integrated pharmaceutical group, today announced its CDMO partner, Unicycive Therapeutics, Inc. Has successfully had the U.S. Food and Drug Administration (USFDA) accept a New Drug Application (NDA) for lanthanum oxycarbonate (O

According to the latest market research data, the Indian pharmaceutical market achieved a sales growth of 6.1% in October despite a decline in overall sales. This growth figure was confirmed by Pharmarack, a heart and skin treatment company. "Most therapi

On November 8, 2024, Japanese media released a remarkable news, Japan's famous Kobayashi Pharmaceutical company announced that due to its health care products containing monaskoji ingredients caused damage to consumer health, the company decided to recall

According to the latest information from the Official Journal of the European Union, on November 12, 2024, the European Commission officially published Regulation (EU) 2024/2848. The main content of the regulation is to amend the approval period of two ch

On November 11, 2024, the price of lithium carbonate futures rose rapidly and re-broke the threshold of 80,000 yuan/ton. As of the close of the day, the main LC2501 contract closed at 80,950 yuan/ton, an increase of 4.32%. At the same time, trading volume

Toray Corporation announced on November 10 that it had signed a memorandum of understanding with PTT Global Chemical Public Company Limited (PTTGC). The aim is to study the technology of large-scale production of adipic acid by using non-edible biomass as

On November 7, 2024, the U.S. Department of Commerce issued a notice announcing preliminary anti-dumping rulings on epoxy resin products imported from China, India, South Korea, Thailand and Taiwan.

Medeologix, a US medical device manufacturing brand, announced a significant expansion of its end-to-end catheter solutions with the addition of hydrophilic coating services.

• Medeologix
• Biocoat

Protech Group of Montreal, Canada, announced that it has acquired the industrial coatings business and assets of Caldwell Chemical Coatings of Fayetteville, Tennessee.

• Protech Group
• Caldwell Chemical Coatings

China's first self-developed deep-sea multi-functional research and archaeological vessel "Expedition 3" has successfully completed its sea trials, marking a key step towards the milestone of officially naming and delivery of the epoch-making vessel early

Aden Energies, the B2B new energy and energy technology subsidiary of Aden Group, is proud to announce that it has entered into a strategic partnership with Sequoia China New Infrastructure Fund. Under this agreement, the two parties will establish an ass

Recently, the company and its subsidiaries in Europe officially announced that they will raise the prices of all polystyrene (PS), ABS and SAN grade products. The price adjustment will be implemented from November 1, 2024. According to the contract terms

On 8 November 2024, the Food Standards Agency of Australia and New Zealand (FSANZ) issued a circular No. 315-24. In this circular, they approved the use of a chemical called 2-methyloxolane as a processing aid in food production.

On November 8, 2024, the Codex Alimentarius Commission (CAC) officially published a consultation document entitled CL2024/88-CAC, which aims at a series of amendments to the allergen labelling standard. The release of this document marks another step forw

On November 6, 2024, A-share listed company Hengrui Pharmaceutical announced that the second lock-up period of the company's employee stock ownership plan implemented in 2022 will expire on November 7, 2024.

In the recent period of time, according to the report of FIERCE Pharma, following Takeda, Pfizer, UCB, Wuxi Apptec and other well-known pharmaceutical companies have announced their withdrawal, another multinational pharmaceutical giant - GlaxoSmithKline

To address various eye contour issues, Mibelle Biochemistry has developed VividEYE, a new active ingredient based on organic apple mint leaves. In vitro and in vivo tests have shown that it effectively increases eye brightness and reduces eye bags.

• Mibelle Biochemistry
• VividEYE

Following its strategy of dual growth in the beauty and food sectors, Lyon-based Groupe Medicos has acquired 100% of the shares of Dinamic Emballages, headquartered in Rombach-le-Franc, France.

• Medicos
• Dinamic Emballages
• cosmetic packing

US-based biologics CDMO Avid Bioservices will be acquired by funds managed by GHO Capital Partners and Ampersand Capital Partners in an all-cash transaction valued at approximately $1.1 billion.

• Avid Bioservices
• GHO CAPITAL
• Ampersand Capital

Sumitomo Rubber Industries, Ltd. announced on November 7 that it has decided to stop all production activities of its subsidiary Sumitomo Rubber America, LLC (hereinafter referred to as SRUSA) and dissolve the company after making necessary preparations.

• Sumitomo Rubber Industries
• SRUSA