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        • WuXi to sell Irish vaccine site to Merck ahead of potential U.S. law limiting Chinese biotech business
          by Sean Whooley on January 6, 2025 at 9:20 pm

          Merck agreed to acquire a vaccine manufacturing facility in Ireland from WuXi, the Irish Foreign Direct Investment Arm (IDA) announced today. IDA Ireland said the move comes as part of long-term plans in Ireland for Merck Sharp & Dohme (MSD), Merck’s Ireland business. The acquisition of the facility, located in Dundalk, brings an investment of… The post WuXi to sell Irish vaccine site to Merck ahead of potential U.S. law limiting Chinese biotech business appeared first on Pharmaceutical Processing World.

        • PharmaEssentia commits to interferon therapy production amid shortage
          by Sean Whooley on January 6, 2025 at 8:10 pm

          PharmaEssentia has reaffirmed its commitment to creating access to critical interferon therapies amid a reported global shortage. The Burlington, Massachusetts-based company noted a recent reported shortage of Pegasys (peginterferon alfa-2a). With concerns growing over drug shortages for other therapies, the company said its established cGMP manufacturing network and patient-focused approach can help it meet the… The post PharmaEssentia commits to interferon therapy production amid shortage appeared first on Pharmaceutical Processing World.

        • African Union vaccine initiative receives $45M
          by Sean Whooley on January 2, 2025 at 5:02 pm

          An African Union effort to strengthen public health and improve vaccine access in Africa has received a $45 million financing package. The U.S. International Development Finance Corporation, the African Development Bank and the International Finance Corporation (IFC) jointly announced the package for VaxSen, a subsidiary of Senegal’s Institut Pasteur de Dakar (IPD). This agreement underscores… The post African Union vaccine initiative receives $45M appeared first on Pharmaceutical Processing World.

        • Mary Marcus appointed CEO of NewAge Industries
          by Pharmaceutical Processing on December 19, 2024 at 4:59 pm

          Press release: Southampton, PA – NewAge Industries, Inc., parent company of AdvantaPure™ and NewAge Performance Products, a global leader in fluid transfer systems solutions for the biopharma and industrial markets, is pleased to announce the appointment of Mary Marcus to the position of CEO. “Since her arrival in 2008, Mary has been a vital part… The post Mary Marcus appointed CEO of NewAge Industries appeared first on Pharmaceutical Processing World.

        • Lilly gets nod to market locally manufactured insulin in Egypt
          by Sean Whooley on December 17, 2024 at 8:38 pm

          Eli Lilly (NYSE:LLY) announced today that the Egyptian Drug Authority approved insulin glargine manufactured in partnership with Eva Pharma. The companies launched their collaboration in 2022 to deliver a sustainable supply of high-quality, affordable human and analog insulin. It wants to bring insulin to at least 1 million people annually living with diabetes in low- to… The post Lilly gets nod to market locally manufactured insulin in Egypt appeared first on Pharmaceutical Processing World.