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 Industry Roundup |
Cold Chain Logistics
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Maersk acquires South Africa's frozen infrastructure operator, Vector Logistics, from RCL FOODS, to support company's growth, implementation of strong ESG agenda; acquisition is Maersk's second investment in South Africa, following JV with Reunert in 2021
Global Data Point (08/31)
America’s Preferred Packaging selects Nordic Cold Chain Solutions as preferred supplier; Nordic Cold Chain Solutions designs and manufactures temperature-sensitive packaging solutions that ensure safe and efficient transport of perishable goods
AB Digital (08/29)
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Gowns / Safety Wear / Protective Equipment
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Reifenhauser donates 450,000 surgical masks to Germany's GFO Clinics Troisdorf; company says it had surplus stocks after official end of Covid pandemic, notes masks' long shelf life of more than two years
Reifenhäuser GmbH & Co. KG Maschinenfabrik (Reifenhaeuser) (08/30)
Florida State University chemistry students launch glove recycling project to reduce plastic waste in the lab, processing 193 lbs. of gloves, or about 28,000 pairs, in just over a year; program recycles gloves into items such as park equipment
US Official News (08/29)
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In-Store Pharmacy
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Kroger to open 72,000-sq-ft store in Eaton, Ohio, in partnership with Reid Health; store will feature additional fresh products in all departments, Kroger PickUp, Pharmacy with drive-thru, Fuel Center and will increase access to healthcare services
Contify Life Science News (08/29)
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Pharmaceutical Ingredients
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Researchers develop biogenic silver, copper nanoparticle composites for use as antibacterial agents in food packaging, clothing, pharmaceuticals; nanoparticles are sourced from Ulva lactuca green algae, are effective against antibiotic-resistant bacteria
MDPI Journal: Molecules (08/30)
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Women's Health Issues
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Euromonitor: Women's health has significant commercial relevance in health, beauty, nutrition, femcare, lifestyle sectors; in retail, it's crucial to invest in D2C, cultivate partnerships that empower users to navigate life stages with increased precision
Euromonitor International Ltd. (08/29)
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Health Care, Pharmaceuticals & Wellness
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Aspen Pharmacare inks 10-year, US$41.5M deal with Eli Lilly to distribute its products, including diabetes drug tirzepatide, in SubSaharan Africa; tirzepatide expected to be approved by FDA as obesity treatment
Business Day (08/31)
Roche's subcutaneous cancer therapy, Tecentriq SC, has been approved by the Medicines and Healthcare products Regulatory Agency in the UK; the therapy is a quicker, potentially more comfortable alternative to IV administration for cancer patients
PharmaBiz (08/31)
GlobalData: Commercial impact for some of the first drugs released for Medicare price negotiation likely to be minimal, but multiple lawsuits filed so far indicate pharmaceutical industry will continue to fight US government, attempt to delay the process
ForeignAffairs.co.nz (08/31)
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Health Care & Medical Packaging
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Glenmark recalls hypertension drug trandolapril and verapamil hydrochloride extended-release tablets, and Baxter recalls bendamustine HCl injection cancer treatment over label issue; both Class III recalls unlikely to cause adverse health effects
FiercePharma (08/29)
Eli Lilly listed a new clinical trial in US to study pharmacokinetics of LY3437943 administered subcutaneously by a test device versus reference device in healthy participants
Contify Life Science News (08/29)
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Health Care & Wellness group
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FDA approves several generic versions of Takeda's ADHD medication Vyvanse amid supply shortage due to manufacturing delays and increased demand; approved drugs made by Teva, Sun Pharmaceutical, Actavis, Mylan, and Hikma
FiercePharma (08/31)
University of Montana to start human trials for fentanyl and heroin overdose prevention vaccines in 2024 aimed at drug addicts & those at risk of accidental overdose; nearly 71,000 overdose deaths attributed to synthetic opioids such as fentanyl in 2021
CE Noticias Financieras (08/31)
HHS Secretary Xavier Becerra declares public health emergency and ASPR deploys personnel to Florida to respond to Hurricane Idalia
U.S. Dept. of Health and Human Services (HHS) (08/31)
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Pharmaceuticals, Biotechnology & Life Sciences group
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Merck SVP and head of late-stage oncology Dr. Marjorie C. Green to participate in the Citi 18th Annual BioPharma Conference Sept. 6 at 1:50 p.m. EDT
ENP Newswire (08/31)
Direct Relief announces recipients of the 2023 Innovation Awards in Community Health; 19 US healthcare providers to receive over US$4.5M in grants funded by Pfizer Foundation for infectious disease treatment, focusing on vaccine education, delivery
Targeted News Service (08/31)
Global market for mRNA-based cancer therapies projected to reach US$2B by 2029, led by BioNTech, with expected sales of US$885.0M and a 44.6% share by 2029; melanoma is currently the primary focus of advanced mRNA-based therapies: GlobalData
ForeignAffairs.co.nz (08/31)
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Medical
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Hospital / Clinical Devices
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Cardinal Health launches next generation NTrainer System 2.0 to improve neonatal feeding; new device is smaller, more intuitive and easier to integrate into feeding protocols, while still providing consistent, repeatable assessment and therapy
Cardinal Health Inc. (08/30)
Mount Sinai finds optical coherence tomography may improve safety and outcomes for stenting procedures in heart disease patients compared to conventional angiography; OCT-guided PCI led to less stent thrombosis
Contify Life Science News (08/29)
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Diagnostic Tests / Monitoring Devices
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Quest Diagnostics granted FDA Breakthrough designation for its AAVrh74 ELISA assay edeno-associated virus test; test identifies patients eligible for treatment with Sarepta Therapeutics' ELEVIDYS gene therapy for Duchenne muscular dystrophy
PR Newswire (08/30)
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Dental Equipment & Supplies
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Henry Schein opens 24/7 customer assistance hotline in response to Hurricane Idalia
ENP Newswire (08/31)
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Respiratory / Lung Health
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AstraZeneca to Spotlight Lung Cancer Portfolio and Pipeline at World Conference on Lung Cancer, September 9-12; AstraZeneca to present 40 abstracts and will feature eight approved and potential new medicines
Wireless News (08/30)
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Hospitals
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Bon Secours Mercy Health files a lawsuit against Anthem Blue Cross Blue Shield for allegedly adopting slow pay and no-pay tactics in Virginia; Bon Secours alleges tactics resulted in over US$73.0M unpaid and US$20.0M improperly denied reimbursements
Suffolk News-Herald (VA) (08/31)
HCA Healthcare to present at Morgan Stanley 21st Annual Global Healthcare Conference on September 12, 2023; details available on company's website
HCA Healthcare, Inc. (08/30)
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Health Care, Pharmaceuticals & Wellness
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The Assn. of Dental Education in Europe, European Dental Students’ Assn. and Henry Schein announce the winners of the 2023 Oral Health Professional Educators Practice Green Awards for Dental Schools and Societies
Contify Life Science News (08/31)
Organ-on-a-Chip firm CN Bio names Dr. Tomasz Kostrzewski as Chief Scientific Officer to focus on the company's technical activities strategy; Dr. Kostrzewski previously served as the company's VP of Science and Technology
Contify Life Science News (08/31)
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Pharma
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Over-the-Counter (OTC) Drugs
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Walgreens announces OTC Narcan nasal spray to be available this September for US$44.99; Walgreens partners with non-profit End Overdose to educate Americans on how to administer the opioid overdose medication
Business Wire (08/30)
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Prescription Drugs
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AmerisourceBergen changes name to Cencora, unifies its 46,000 employees in several global business segments under one identity; company donates US$5.0M to Cencora Impact Foundation to launch Cencora Healthier Futures Grant Program
Cencora Inc. (08/30)
Lupin gets US FDA approval to manufacture and market Pirfenidone capsules, 267 mg, a generic equivalent of Roche's Esbriet capsules; capsules to be manufactured at Lupin's Pithampur facility in India
Contify Life Science News (08/29)
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Hospital / Clinical Drugs
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FDA approves Sandoz's natalizumab-sztn biosimilar injection to treat adults with multiple sclerosis and Crohn disease, marking the first biosimilar to Biogen's natalizumab; the approval expected to increase patient access to effective treatments
HCPLive (08/29)
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Biopharmaceuticals / Biologics
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Paper reviews potential use of lignins as bioactive compounds for high-performance materials; lignins could be used for food packaging, agriculture, biomedicine, cosmetics, electronics, wound care, surfactants, coatings, antimicrobial, antiviral agents
MDPI Journal: Polymers (08/31)
Cellares partners with Bristol Myers to provide automated manufacturing for proof-of-concept CAR-T cell therapy under its TAP program; the collaboration aims to lower manufacturing costs, process failure rates, accelerate production scaling
Cellares integrated development and manufacturing (08/29)
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Vaccination / Immunization
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Pfizer and BioNTech receive positive CHMP opinion for its Omicron XBB.1.5-adapted COVID-19 vaccine in the European Union, with European Commission making final decision soon; vaccine is ready for immediate shipment pending approval
GlobeNewswire Europe (08/30)
FDA to consider COVID-19 booster updates against XBB lineage despite CDC concerns about threats from a new variant, as the White House calls for additional funding for next-generation vaccine; current vaccines expected to be updated by mid-September
Inside Health Policy (08/29)
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Health Care, Pharmaceuticals & Wellness
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J&J revises first-half financials following separation of Kenvue Inc.; net earnings drop to US$4.89B from US$8.83B a year ago, sales for the six-month period up 5.9% to US$42.41B
dpa-AFX International Compact (08/30)
Johnson & Johnson announces updated financials and 2023 guidance following completion of the Kenvue separation
Johnson & Johnson Services Inc. (08/30)
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Packaging
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Health Care & Medical Packaging
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Eastman highlights its Eastar Renew 6763 copolyester used in Pacur sterile barrier medical device packaging; material incorporates recycled content but offers same level of safety, durability as Eastman's traditional Eastar product
Eastman Chemical Co. (08/29)
Vetter, global contract development and manufacturing organization, receives Frost & Sullivan’s 2023 Global Customer Value Leadership Award in the biopharmaceutical aseptic fill-and-finish market
Business Wire (08/29)
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Caps & Closures
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Aptar’s sustainability efforts include collaboartion with industry partners and Ellen MacArthur Foundation, being PureCycle Technology’s preferred converting partner, products such as SimpliCycle valve, Maestro dispensing closure, Purity Lite tube top
AptarGroup Inc. (08/31)
China-based Newamstar's Combiblock packaging system wins Ringier Technology Innovation Award; system integrates blowing, labeling, filling, capping processes
China Daily: Hong Kong Edition (08/31)
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Stock
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Latest: Aug, 31 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
| Watchlist |
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Abbott Laboratories (ABT)
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102.90
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104.41
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-1.45%
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0.24%
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Cardinal Health (CAH)
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87.33
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88.04
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-0.81%
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23.49%
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Johnson & Johnson (JNJ)
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161.68
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163.73
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-1.25%
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0.21%
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Merck & Co. Inc. (MRK)
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108.98
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110.21
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-1.12%
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27.67%
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Health Care Sector
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