Page 18 - Chemicals

US-based wellness firm Ionic MSM starts production facility in Jaipur

The company is targeting sales of Rs 500 crore from India and Asia in the next 5 years

Daiichi Sankyo shuts down Indian R&D unit

The unit mainly conducted drug discovery research targeting infectious diseases & inflammation

Takeda buys Ariad Pharmaceuticals for $ 5.2 billion

Acquisition significantly enhances Takeda's global oncology portfolio

Spurt in economic activity will give boost to base metals market

Budget's likely focus on infrastructure development will result in higher demand for all commodities

Govt should look at vocational education as equivalent to normal education

Budget should allocate funds towards research for developing teaching methods

Union Budget 2017-18: A carrot after a stick?

Expectations are running high from the government based on the perceived gains of demonetisation

Bayer-Monsanto merger will be a winner: Study

The $66 bn deal will create the only player with dominant positions in agrichemicals & seeds

Ester Industries plans to spend Rs 50 cr for new R&D centre in Gurgaon

The company has also files a patent application for masterbatch to produce speciality polyester yarn

With demand going up, I am bullish on petrochemicals: Nikunj Dhanuka

Budget should take steps to revitalise investment in the industry, says IG Petrochemicals MD

Amgen and Immatics to collaborate for cancer drug research

Immatics to receive $ 30 mn upfront & potentially over $ 1 bn in milestone payments & royalties

Valeant sells three skincare brands to L'Oreal for $1.3 billion

The company has also sold off Dendreon Pharma to China's Sanpower Group for $ 819.9 mn

US-based PerkinElmer acquires Tulip Diagnostics

The deal will support PerkinElmer's growth in the Indian diagnostics market

Merck buys food safety testing specialist BioControl

The deal will enable Merck to offer complete workflow solutions for food pathogen testing

Chemical logistics firm Bertschi to build second facility in Singapore

It will invest S$ 35 mn in second facility, bringing its total investment in Singapore to S$ 80 mn

Granules India receives 11 observations from Portuguese drug regulator

Infarmed, Portugal, issued these observations for Granules India's Gagillapur facility

"Revoke notification on input tax credit withdrawal on gas in Gujarat"

Assocham says cost of RLNG has shot up to 15% for gas distributors based outside Gujarat

Govt launches IPR enforcement toolkit for police

Toolkit will be a ready reckoner for police officials across the country in dealing with IP crimes

Auto, construction sectors to drive Asia-Pacific coating resins market

Growing focus on innovations to create opportunities in Indian coating resin market, says TMR report

Aurobindo acquires Portugal's Generis Farmaceutica for € 135 mn

The deal will help Aurobindo to establish itself as one of the leading generics players in Europe

Exide Industries opens lead acid storage batteries making plant in Haldia

The Rs 700-crore plant has been built in collaboration with the US-based East Penn Manufacturing