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Pharma/fine chemicals roundup—20 September 2016

September 20, 2016 | By DEEPTI RAMESH

Novasep and US-based Triclinic Labs form alliance for solid-state chemistry services Novasep (Lyon, France), a supplier of services and technologies for the life sciences industry, has formed a partnership with Triclinic Labs (Lafayette, Indiana), a provider of contract pharmaceutical and fine chemical solid-state development services. The alliance between Novasep and Triclinic Labs will enable both...

Pharma/fine chemicals roundup—13 September 2016

September 13, 2016 | By DEEPTI RAMESH

Cambrex to expand large-scale, multi-purpose manufacturing capabilities in Sweden Cambrex (East Rutherford, New Jersey), a manufacturer of small molecule innovator and generic active pharmaceutical ingredients (APIs), says that it will invest approximately $9 million to expand large-scale manufacturing capacity at its Karlskoga, Sweden facility. The investment includes the installation of new multi-purpose...

Pharma/fine chemicals roundup—6 September 2016

September 6, 2016 | By DEEPTI RAMESH

SOCMA's BPTF concludes negotiations for round two of Generic Drug User Fee program The Bulk Pharmaceuticals Task Force (BPTF), an affiliate of the Society of Chemical Manufacturers and Affiliates (SOCMA), has ended negotiations for the reauthorization of the US Food and Drug Administration's (FDA) Generic Drug User Fee (GDUFA) program. BPTF is a longtime stakeholder in the GDUFA program, which is designed...

ACC's specialty chemicals market volume decreases while adhesives, flavors and fragrances markets improve

September 2, 2016 | By MICHAEL RAVENSCROFT

American Chemistry Council's (ACC) specialty chemicals market volume index declined 0.9% in July 2016, measured on a three-month moving average, compared with the year-ago month but gained 0.2% on the previous month. Nevertheless, of the 28 sectors ACC tracks, 17 improved year over year (YOY), with the big winner being adhesives and sealants, which improved 10% YOY. The losers continue to be led by...

Pharma/fine chemicals roundup—30 August 2016

August 30, 2016 | By DEEPTI RAMESH

FDA issues warning letters to API plants in China and India The US FDA issued a warning letter on 12 August 2016 to the active pharmaceutical ingredient (API) manufacturing facilities of Unimark Remedies Ltd., located at Vapi and at Bavla, in India; and a separate warning letter on 4 August 2016 to the API facility of Zhejiang Medicine Co. Ltd., located in Xinchang, China—for violating cGMP. Separate...

Analysis: ChemChina-Syngenta merger receives clearance, Texas commission settles Westlake-Eastman pipeline dispute

August 26, 2016 | By JING CHEN

While China National Chemical Corp. (ChemChina) and Syngenta received clearance last week from the Committee on Foreign Investment in the United States (CFIUS) to move forward with the companies’ proposed $43-billion merger, the Senate Judiciary Committee will hold a hearing on increasing consolidation within seeds and agchems in late September.  Sen. Chuck Grassley (R., IA), also a chairman in...

Pharma/fine chemicals roundup—23 August 2016

August 23, 2016 | By DEEPTI RAMESH

Piramal to acquire US HPAPI manufacturer Ash Stevens for $42.95 million Piramal Enterprises Ltd. (Mumbai) has agreed to acquire Ash Stevens Inc. (Riverview, Michigan), a pharmaceutical contract development and manufacturing organization (CDMO), for $42.95 million in cash and an earn-out consideration of up to $10 million. Piramal expects to complete the deal by the end of August. Ash Stevens operates a...

Pharma/fine chemicals roundup—16 August 2016

August 16, 2016 | By DEEPTI RAMESH

Teva’s API unit reports higher sales with improved business in Europe, US The active pharmaceutical ingredient (API) business of Teva Pharmaceutical Industries Ltd. (PetaŠł• Tiqwa, Israel) reports sales rose 13.1% in the second quarter of 2016 compared with the second quarter of 2015, to $207 million. API revenues were higher in both Europe and the United States, Teva says. Earnings figures for the...

Analysis: Shale remains attractive, and PET, compelling

August 15, 2016 | By CLAY BOSWELL

With oil under $50/barrel, North America’s ethane advantage is not nearly so great as it once was, but it remains large enough to attract major ethylene projects, as two stories in this week’s Business Insider show. Notably, one of the projects is a joint venture between US-based ExxonMobil and Saudi Arabia’s Sabic....

Insider: EU extends Dow-DuPont merger probe, Topsøe chairman to retire

August 12, 2016 | By JING CHEN

The European Union last week said it would open an in-depth probe of the proposed $130-billion Dow-DuPont merger. At catalysts firm Haldor Topsøe A/S (Copenhagen, Denmark), meanwhile, the company's chairman announced plans to resign due to an illness. The EU's European Commission will investigate whether the megamerger between Dow Chemical and DuPont—which would create the world's largest crop...


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