Contract Manufacturing

Tigermed Envy? WuXi may be eyeing a launch on Shenzhen exchange

Tigermed Envy? WuXi may be eyeing a launch on Shenzhen exchange

By Zachary Brennan

With WuXi pushing full steam ahead in its bid to go private, one expert says that the company may be envious of a competing CRO -- Hangzhou Tigermed, which is smaller than WuXi but valued at a higher price on the Shenzhen stock exchange.

Charles River stock falls nearly 10% on soft quarterly results

Charles River stock falls nearly 10% on soft quarterly results

By Zachary Brennan

Charles River Laboratories saw only slight growth in revenue compared to the same quarter last year, which was driven by its safety assessment and endotoxin and microbial detection businesses, and double-digit revenue increases from mid-tier biotech clients.

WuXi sells small share of CMO subsidiary for $28m

WuXi sells small share of CMO subsidiary for $28m

By Zachary Brennan

Chinese service provider WuXi PharmaTech has sold a 5.55% stake in its wholly owned CMO (contract manufacturing organization) subsidiary SynTheAll Pharmaceutical (STA) to members of STA’s and WuXi’s management for $28m.

Rentschler  brings single-use system online

Rentschler brings single-use system online

By Gareth Macdonald

Rentschler Biotechnologie has increased single-use bioreactor capacity at its manufacturing site in Laupheim, Germany and is moving forward with plans to invest €25m ($27m) in a new stainless steel system in the next few months.

Recipharm completes Korean serialisation project for Abbott

Recipharm completes Korean serialisation project for Abbott

By Zachary Brennan

The Korean project, which began in April 2014, required the Sweden-based CDMO (contract development and manufacturing organization) Recipharm to produce a data matrix code, including serial number, to comply with the regulations that are expected to be...

AMRI sets sights on acquiring Indian API manufacturer, CEO says

AMRI sets sights on acquiring Indian API manufacturer, CEO says

By Zachary Brennan

Following its three acquisitions over the last year, AMRI is now looking to extend its footprint into India further with the acquisition of a FDA-approved API site, William Marth, president and CEO of AMRI, told attendees at the Barclays Global Healthcare...

CDMO Rottendorf signs five new projects with top biopharma companies

CDMO Rottendorf signs five new projects with top biopharma companies

By Zachary Brennan

Chicago-based Rottendorf Pharmaceuticals, a top 20 contract development and manufacturing organization (CDMO), has signed three formulation development projects and two commercial transfer projects with multiple top pharma and biotech companies in the...

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