GERMANY – Aenova has announced it is investing EUR 10 million (US$$11 million) for a new building for the production of highly potent active pharmaceutical ingredients (HPAPIs) at its site…
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Ghana’s President Akufo-Addo inaugurates US$35M pharmaceutical manufacturing plant
GHANA – Ghanaian President Nana Addo Dankwa Akufo-Addo has launched a US$35 million pharmaceutical manufacturing plant at Larpleku, Ningo-Prampram District to boost production of intravenous (IV) fluids, antiserums and vaccines.…
Read MoreBluePeak invests US$15m in pharmaceutical company Africure
AFRICA – Africure, a manufacturer and distributor of essential generic pharmaceutical products, has secured US$15 million from BluePeak Private Capital’s US$200 million targeted impact-linked fund. The new funding is expected to provide a vital capital…
Read MoreNorthX Biologics signs collaboration agreement with Abera Bioscience
SWEDEN – NorthX Biologics of Sweden, which focuses on process development and large-scale production of advanced biological drugs, has signed a collaboration agreement with Abera Bioscience for upscaling and GMP…
Read MoreMoroccan Pharmacist Lamia Tazi listed on Forbes’ Top 50 Healthcare leaders
MOROCCO – Moroccan Pharmacist Lamia Tazi was named in the annual Forbes’ list under the “Top 50 Healthcare Leaders 2022” list for the Middle East and North Africa (MENA), the…
Read MoreCatalent snaps up UK Government’s failed vaccine plant, set to invest US$160 m
UNITED KINGDOM –Contract development and manufacturing organization (CDMO) Catalent has acquired the UK taxpayer-funded Vaccine Manufacturing & Innovation Centre (VMIC) for an undisclosed fee. Catalent will invest up to US$160…
Read MoreBayer invests €2B to expand next-gen manufacturing capabilities
GERMANY – Bayer, the German pharmaceutical giant, plans to invest 2 billion euros (US$2.2 billion) over the next three years to improve its manufacturing and supply chain capabilities as it…
Read MoreAsymchem completes construction at two new Chinese production sites
CHINA – Asymchem Laboratories Co., Ltd., a leading CDMO serving the global pharmaceutical and biotech industries, has announced the completion of its Dunhua and Tianjin manufacturing sites in China. To…
Read MoreMorocco ratifies treaty for establishment of the Africa Medicines Agency
MOROCCO – Morocco has formally ratified the treaty establishing the African Medicines Agency (AMA) and signed the framework agreement on creation of the drug regulator under the African Union (AU).…
Read MoreWHO certifies Egypt, Nigeria medicines regulators to oversee local manufacturing
AFRICA – Egypt’s and Nigeria’s medical products regulatory bodies have been formally certified by the World Health Organization (WHO) as Maturity Level Three Regulatory agencies to oversee local manufacturing. With…
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