GERMANY — Bayer investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on the German drugmaker. “Bayer needs a…
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Bayer bolsters radiology division with Blackford AI acquisition
GERMANY — Bayer has purchased Blackford Analysis and its Blackford Platform, an all-in-one software solution for radiology, expanding its radiology application offerings. The financial terms of the deal, which is…
Read MoreBayer shifts pharma focus away from Europe citing continent’s “innovation unfriendly” policies
GERMANY — German firm Bayer is shifting away from Europe and the United Kingdom, citing the continent’s “unfriendly” policies to innovation, amid widespread concern about new taxes threatening profits. The…
Read MoreBioNTech acquires UK-based AI startup InstaDeep for US$682M to boost manufacturing capabilities
GERMANY — BioNTech SE, a German-based immunotherapy company, has agreed to acquire British artificial intelligence (AI) startup InstaDeep for up to 562 million pounds (US$682 million) to speed up its…
Read MorePolybond India, Prejex strike manufacturing deal for needle-less injections
INDIA – Polybond India Private Limited has entered into a strategic pact with Prejex Inc., a spin-off of Germany-based Prejex GMBH, with an aim to manufacture needle-less injections in Prune,…
Read MoreMerck KGaA looks to double productivity in drug output, increase reliance on partnerships
GERMANY — Merck KGaA intends to double its research and development (R&D) productivity in order to launch one new drug or major indication every 18 months. During a recent R&D…
Read MoreSiemens Healthineers unveil two revolutionary high-end MRI scanners
GERMANY —Siemens Healthineers has unveiled its two latest magnetic resonance tomographs designed for clinical and scientific use at the Siemens Healthineers Shape 23 Keynote. The two MRI scanners include Magnetom…
Read MoreRecipharm bolsters pre-filled syringe and cartridge offering with new investment
GERMANY — Recipharm has invested in a new high-speed filling line for pre-filled syringes and cartridges at its facility in Wasserburg, Germany responding to increased customer demand in these high-growth…
Read MoreLarger-scale acquisitions in Merck’s purview moving into the new year
GERMANY – Merck KGaA has announced that it will reconsider potential larger-scale acquisitions next year, in addition to in-licensing and bolt-on purchases, to support its growth, FirstWord Pharma reports. Merck…
Read MoreSyntegon honored with German Packaging Award for the third time in a row
GERMANY – The German Packaging Institute has honored Syntegon, formerly Bosch Packaging Technology, with the German Packaging Award for the development of its Versynta microBatch. The fully automated and highly…
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