Hello there! I’m a pharmacist, and I’m here to help you understand some recent news in the pharmaceutical industry. Let’s break it down together!
Alnylam is putting $250 million into making more of a special kind of medicine called RNAi in the US. They’re adding new tech to their place in Massachusetts that the FDA is excited about.
Gaelic Labs is teaming up with another company in Ireland to make more of a common type of antibiotic called beta lactam.
Thermo Fisher Scientific is growing in Asia. They’re investing in places like India, Korea, and Singapore to help the biopharma sector there.
CSL just opened a huge $1 billion place in Melbourne, Australia. It’s one of the few places in the world that can make advanced flu vaccines using cells.
People are talking about how to make both old and new types of medicines. It’s a balancing act!
Biovectra and Revolution Biomanufacturing are working together on something called mRNA. This is a big deal for making new medicines.
There’s a big meeting coming up in Düsseldorf, Germany. They’re adding talks about AI in labs and making sure medicines are high quality.
BioDuro just hired a new global president for something called CMC. He used to work at another company called Porton Pharma Solutions.
Merck, a big German pharma company, just signed a deal to use renewable energy in South Korea. They’re trying to be more green!
Novartis, a Swiss pharma company, just opened another place in California to make a special kind of medicine called radioligands.
Pfizer is trying to buy a company called Metsera. They make medicines for weight loss, and it’s a big deal in the industry.
AstraZeneca is also working on weight loss medicines. They just made a deal to compete with Pfizer and Novo Nordisk.
Galapagos, a company from Belgium, is changing their focus. They’re going to make more small molecule and biologic medicines and less cell therapy medicines. Sadly, this means they have to let go of most of their workers.
Chiesi just made their place in France bigger. They make inhalers there, and now they can make even more.
Hovione is putting $100 million into their place in New Jersey. They’re making a special kind of medicine using something called spray drying.
That’s all for now! Remember, I’m always here to help you understand the world of medicine. Stay healthy!