CDMO Flamma has acquired a third API manufacturing facility in Italy from Teva. The Sicor Bulciago site at Lecco has had multiple regulatory inspections. Terms were not disclosed.
“This allows us to rapidly enhance our CMC offerings to our customers by providing further flexibility between sites,” said CEO Dr Gianpaolo Negrisoli. “Having the ability to produce more generic APIs in Italy is in line with the European pharmaceutical strategy aiming to reshore.”
Spectrum Chemical has added 12 new products to its BioCertified quality management system and chemicals portfolio for biopharmaceutical manufacturing, which was originally launched in 2019. They include sugars and carbohydrates, organic and inorganic salts, and preservatives used in a wide range of bioprocessing applications from upstream cell culture development to downstream purification, polishing and final fill production.
Together for Sustainability (TfS), the industry initiative for sustainable chemical supply chains, is launching the TfS Academy. It calls this a “free capability-building and learning offering for its member companies and their suppliers”, enabling them to keep on top of the latest recommendations and expectations in the area of sustainable procurement.
Drug development firm CatSci has secured £4.5 million of investment from ‘alternative lender’ Boost & Co. This is described as a continuation of the Cardiff-based firm’s £3 million investment, which was started in 2021.
CatSci will use the funding to install new equipment and expand its laboratories by adding capabilities in chemical and analytical development, material science, product formulation and GMP analytical testing in both Cardiff and London. Some will be used to refinance its existing debt.
Private equity firm Cinven has agreed to acquire Bayer’s Environmental Science Professional (ESP) business for €2.4 billion. The deal should close in Q2, subject to customary closing conditions. Bayer had originally announced plans to divest the business, which is headquartered in Cary, North Carolina, in February 2021.
ESP offers pest, disease and weed control in non-agricultural areas such as vector control, professional pest management, vegetation management, forestry, turf and ornamentals. In 2021, it employed about 800 people in over 100 countries.
Clariant, Solvay, Chemours and Novozymes have all announced plans to suspend business with Russia in response to the invasion of Ukraine. They have all also pledged support for employees in the affected countries and made donations to support relief operations.
Clariant suspended operations with immediate effect. CEO Conrad Keijzer said: “Continuing to do business under these circumstances is incompatible with our purpose and values”. The company has a sales office and a laboratory in Moscow, which contribute about 2% of its sales. It also employs 146 people in Ukraine.
Chicago-based carbon capture and transformation (CCT) firm LanzaTech has announced plans to launch on the Nasdaq. This follows an agreed to combine through a business combination transaction with AMCI Acquisition, a special purpose acquisition company. Closing is expected in Q3, subject to approval by stockholders on both sides.
