|
Industry Roundup |
Cannabis Packaging
|
Cannabis edibles brand Wyld selects petite flexible pouch with child-resistant zipper for launch of its gummies in Canada in late 2021; pouch is fully compostable and biodegradable, made from bio-based polybutylene succinate, wood pulp and bio-resins
Healthcare Packaging (07/13)
|
|
Cold Chain Logistics
|
North America-based temperature-controlled truckload carrier KLLM Transport Services acquires Cartersville, Georgia-based refrigerated carrier Quest Global to enhance service offerings nationwide; carrier to be re-branded as KLLM Expedited Services
Florida Newswire (07/14)
Freight network East West Holdings agrees to acquire a 37.5% Stake in cold chain logistics solutions company Unique Air Freight Express and Logistics for 40M Indian rupees; move to help East West diversify its existing business
Marketline - Deals (07/14)
|
|
Digital Medicine/Telemedicine
|
GlobalData sees rise in telemedicine product launches over next couple of years, up 262% to 257 in 2023 from 2021; pandemic has accelerated adoption of telemedicine, which is increasingly used to treat neurological, respiratory, cardiovascular diseases
GlobalData Plc (07/12)
|
|
Men's Health Issues
|
Orion partners with Merck to co-develop, commercialize Orion’s oral, non-steroidal inhibitor ODM-208 and other drugs to treat metastatic castration-resistant prostate cancer; deal includes US$290M payment from Merck to Orion
Business Wire (07/14)
|
|
Pharmaceutical Ingredients
|
W. R. Grace to expand contract development and manufacturing facility in South Haven, Michigan; project supports manufacture of small molecule drugs, custom active pharmaceutical ingredients
GlobeNewswire (07/13)
Evonik announces global availability of the EUDRACAP enteric ready-to-fill capsules; product offers protection for complex drug formulations used in clinical trials
Evonik Industries AG (07/12)
|
|
Temperature Controlled Packaging
|
Sonoco ThermoSafe and Turkish Airlines sign global master lease agreement for new Pegasus ULD temperature-controlled bulk shipping container; agreement enables pharmaceutical freight forwarders access to Pegasus ULD containers directly from Turkish Cargo
Sonoco Products Co. (07/14)
|
|
Women's Health Issues
|
FDA removes hold on Greenwich LifeSciences’ Phase 3 study of injectable GLSI-100 to treat breast cancer in patients with residual disease or who have high risk of disease returning; FDA placed initial hold due to manufacturing, pharmacy issues
SeeNews Pharmaceuticals (07/13)
Pregnant women exposed to multiple phthalates during pregnancy have increased risk of preterm birth, according to NIH research; most consistent findings were related to a phthalate used in personal care products including nail polish, cosmetics
ENP Newswire (07/12)
|
|
Health Care, Pharmaceuticals & Wellness
|
Euromonitor: Inflation facilitates shift to healthier behavior, but threatens personalized health care, manufacturing of medicinal products that embrace Industry 4.0; these trends can slow due to growing input prices, consumers choosing cheaper products
Euromonitor International Ltd. (07/14)
Global immunoassay market projected to be worth US$45.8B by 2030, with 7.3% CAGR growth from 2020-2030; growth driven by rise in infectious diseases and cancer, aging population, increasing automation in medicine
Financial Services Monitor Worldwide (07/14)
Novartis buys Mallinckrodt’s FDA priority review voucher for US$100M to speed up future FDA drug applications; voucher shortens FDA’s drug review process from 10 months to six months
Indian Pharma Industry : Policies (07/14)
|
|
Health Care & Wellness group
|
Innoviva to acquire remaining 40% stake in clinical-stage biopharmaceutical company Entasis Therapeutics for US$2.20 per share; upon close of deal Entasis to become wholly owned subsidiary of Innoviva
Marketline - Deals (07/14)
Specialty pharmaceutical firm Neuraxpharm to acquire 15 CNS disorder products, two pain and vascular disease products from Sanofi; the products are well-established in over 50 countries, will boost Neuraxpharm’s annual sales to about €6B
Marketline - Deals (07/14)
Moderna starts Phase 1 trial of experimental Nipah virus vaccine developed with NIAID’s Vaccine Research Center; the respiratory virus was first detected in 1999 in Malaysia and causes acute infection, has estimated death rate of 40% to 75%
SeeNews Pharmaceuticals (07/14)
|
|
Pharmaceuticals, Biotechnology & Life Sciences group
|
Teva and Allergan reach US$54M opioid lawsuit settlement with San Francisco requiring companies to pay the city US$34M in cash, provide US$20M worth of overdose reversal drug Narcan; Walgreens is only remaining defendant in lawsuit
SeeNews Pharmaceuticals (07/14)
Siga Technologies receives US$2M order from Europe, Asia, US$26M order from Canada for its oral smallpox antiviral Tpoxx tecovirimat, which can treat monkeypox; Siga has received international orders worth US$56M for Tpoxx to date
SeeNews Pharmaceuticals (07/14)
Vertex to merge with biotechnology company ViaCyte for US$320M, with ViaCyte to become wholly-owned subsidiary of Vertex upon completion of deal; ViaCyte developing novel stem cell therapies as possible cure for type 1 diabetes
Marketline - Deals (07/13)
|
|
Medical
|
Hospital/Clinical Devices
|
B. Braun Medical introduces Introcan Safety 2 IV Catheter with one-time blood control septum to restrict blood flow from catheter after needle removal until connection to access device; CDC estimates caregivers suffer 385,000 sharps injuries annually
PR Newswire (07/14)
GlobalData projects China's medical devices market to top US$42B in 2022, making up 8.3% global market; China expected to continue expanding its market due to aging population, tech improvements, development of clinic/hospital services in wake of pandemic
GlobalData Plc (07/12)
|
Diagnostic Tests/Monitoring Devices
|
Zipline partners with Washington-based not-for-profit healthcare organization MultiCare Health System to launch state’s first commercial drone deliveries; service to begin in Tacoma area in 2024 and will deliver lab samples, medications and test kits
GlobeNewswire (07/14)
|
Respiratory/Lung Health
|
Biopharmaceutical firm Veru’s experimental oral sabizabulin cancer drug may reduce risk of death in COVID-19 patients by 55% by reducing lung inflammation; Veru has applied for FDA emergency use authorization for drug: New England Journal of Medicine
The Breeze (James Madison University) (07/12)
FDA declines emergency use authorization for Nrx Pharmaceuticals’ injectable Zyesami aviptadil COVID-19 therapy for patients at immediate risk of death from respiratory failure; company to evaluate options for Zyesami after it receives data from NIH
SeeNews Pharmaceuticals (07/12)
|
Pumps/Syringes/Infusion Supplies
|
Utah-based Compax releases fully recyclable, all plastic airless pump tube in the US market; company currently has production running on both its new 30mm and 35mm airless tubes, and is working to convert its entire line of airless tube diameters
PR Newswire (07/12)
|
Hospital/Medical Use
|
German fiber producer AMSilk to scale-up production of biobased silk materials by several thousand tons/year, expand production network outside of Europe; company makes artificial spider silk for fiber, medical device, hydrogel, cosmetics, food industries
AMSilk GmbH (07/14)
Scientists develop electrospun nanofiber wound dressing to promote healing; dressing delivers antibiotic ciprofloxacin, zinc oxide, with top layer composed of biodegradable polycaprolactone, middle made of Janus nanofibers, bottom of hydrophilic gelatin
NewsRx Drug Daily (07/13)
|
Health Care, Pharmaceuticals & Wellness
|
Chinese company Xianie Health and its dietary supplement subsidiary Sirio Healthcare Holdings acquire 80% equity stake in US-based Best Formulations, a supplement product, contract development, manufacturing firm, for US$180M
Marketline - Deals (07/13)
US HHS secures 3.2 million doses of Novavax COVID-19 vaccine to offer another vaccine option this fall; FDA has not yet approved drug, although advisory panel endorsed the protein-based shot in June, which is given in two doses 21 days apart
The Washington Times (07/13)
|
|
|
Pharma
|
Over-the-Counter (OTC) Drugs
|
Altamira Therapeutics receives FDA 510(k) clearance for OTC Bentrio nasal spray to treat allergic rhinitis, also known as hay fever, with product becoming available online in Q3; in US more than 20 million people suffer from hay fever
Accesswire (07/12)
Perrigo's HRA Pharma submits application to FDA to switch Opill daily birth control pill from prescription-only to OTC; if approved, Opill would be first OTC birth control pill in US, where every year 6.1 million pregnancies are unintentional
CE Noticias Financieras (07/12)
|
Hospital/Clinical Drugs
|
Genentech expands immune-oncology collaboration with Bicycle Therapeutics that started in 2020 with milestone payment of US$10M; Bicycle handles drug discovery, R&D, pre-clinical development, Genentech develops, commercializes drug candidates
SeeNews Pharmaceuticals (07/13)
Macrogenics stops mid-stage trial evaluating injectable enoblituzumab in combination with retifanlimab or tebotelimab to treat head, neck cancer after deaths of seven participants; deaths associated with bleeding events
SeeNews Pharmaceuticals (07/12)
|
Vaccination/Immunization
|
Moderna reports its bivalent COVID-19 booster candidate mRNA-1273.214 triggered higher antibody response against Omicron than authorized booster; Moderna to advance two booster candidates this fall based on market preferences for Omicron variants
SeeNews Pharmaceuticals (07/13)
FDA grants full approval of Pfizer and Biontech’s Comirnaty COVID-19 vaccination for kids between 12-years, 15-years old; 9 million kids in US have received primary doses under emergency use authorization, with drug generating Q1 sales of US$13.2B
PharmaBiz (07/12)
|
Health Care, Pharmaceuticals & Wellness
|
Roche receives global license to advance Ionis Pharmaceuticals’ injectable IONIS-FB-LRX to treat kidney disease for US$55M; drug based on Ionis’ antisense technology, has potential to treat other inflammatory conditions
SeeNews Pharmaceuticals (07/13)
Global non-invasive ventilator market projected to reach US$2.85B in 2030, with CAGR growth of 5.91% during study period with surge in chronic conditions driving growth: 51.8% of US adults have at least one chronic condition or disease
Financial Services Monitor Worldwide (07/13)
|
|
|
Packaging
|
Health Care & Medical Packaging
|
Kuehne+Nagel launches MedConnex healthcare air charters from Liege, Belgium, to Americas, Asia and Africa; solution utilizes its Liege Airport and Brussels Airport hubs, which offers temperature-controlled warehousing, special packaging materials
Kuehne+Nagel (07/12)
|
Caps & Closures
|
UK brand Trepadora selects Spectra’s 300ml Roma bottle in 100% PCR HDPE, paired with a disc top closure, for its curl therapy hair care products; bottles are color matched with two-pass silkscreen print
Spectra Packaging Ltd. (07/13)
Silgan Holdings, Crown Holdings fined €31.5M by the European Commission for participation in a cartel regarding the sales of metal cans, closures in Germany; probe was started in 2015 by the German antitrust authority, was transferred in 2018 to the EC
CE Noticias Financieras (07/12)
|
Lidding
|
Zume and Transcend Packaging to collaborate on enhancing capacity of wet molded-fiber snap lids for beverage cups on a large scale in Europe; site assessments regarding exact location are being conducted, with aim of being fully functional by mid-2023
Webwire (07/14)
|
|
|
Stock
|
Latest: Jul, 14 2022
|
Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Abbott Laboratories (ABT)
|
105.71
|
106.21
|
-0.47%
|
-9.78%
|
Cardinal Health (CAH)
|
54.05
|
52.90
|
2.17%
|
-5.29%
|
Johnson & Johnson (JNJ)
|
175.68
|
175.44
|
0.14%
|
3.09%
|
Merck & Co. Inc. (MRK)
|
93.88
|
93.77
|
0.12%
|
20.95%
|
|
|
|