Page 44 - B2B Connect

Wembly Enterprises buys polymer coater Bradford Industries

This is the second acquisition of Wembly, led by Sunil and Jay Kumar, in the coatings market

Lupin receives US FDA nod for sleep disorder drug armodafinil

The approved product is a generic version of Cephalon Inc's Nuvigil tablet, which recorded annual US sales of $ 515.6 million

Patheon acquires Roche's APIs manufacturing site in US

It will provide Patheon with a major APIs operation in the US capable of supporting products from clinical scale to commercial manufacturing

L&T Technology ropes in IISc's CeNSE for nanotechnology research

Two sides will jointly work towards innovations in the areas of sensors and energy efficient systems based on nanotechnology

Sun Pharma launches first branded ophthalmic product BromSite in US

Developed by its California-based subsidiary, InSite Vision, the product is also the first bromfenac ophthalmic solution formulated in DuraSite, a polymer-based drug delivery system

Pfizer to launch new products under Corex brand

At the same time, the company will discontinue the production of the current Corex cough syrup formulation (a combination of codeine phosphate and chlorpheniramine maleate)

Liberty House to buy Tata Steel UK's speciality steels business for £ 100 mn

Speciality steels business, which employs about 1,700 people, produces steels for the aerospace, automotive and the oil & gas industries

Researchers develop liquid fuel from solar energy & carbon dioxide

First compact plant worldwide for synthetic fuels from solar energy and carbon dioxide extracted from air to start in Finland

Dow eyes power plants for new wastewater treatment technology in India

With Fortilife, which enables minimum liquid discharge (MLD), Dow Water & Process Solutions aims to tap water intensive industries such as textile, power, etc

Johnson & Johnson in talks to acquire Actelion

Switzerland-based Actelion, a biopharmaceutical company that focuses on drugs for rare diseases, reported revenue of Swiss Francs (CHF) 2.05 billion in 2015

LT Foods to set up snacks facility in JV with Japan's Kameda

Through this partnership, the JV will introduce rice-based snacks with proprietary Japanese technologies in India

Natco receives US FDA approval for generic budesonide capsule

Budesonide capsule (enteric coated) is a gastroenterology medicine used for treating patients with mild to moderate Crohn's disease

Strides Shasun buys Moberg Pharma's PediaCare brand for $ 5 mn

With this acquisition, the company has strengthen its consumer healthcare portfolio

Aurobindo Pharma buys Teva's calcium & vitamin D3 products in France

The company's French subsidiary, Arrow Generiques, will acquire the right & title in calcium and calcium-vitamin D3 products, including the use of Orocal trademark

Handloom & handicraft industry eyes new markets for exports

Textiles Ministry signs MoUs with 20 e-commerce companies to help weavers & artisans market their products directly

Steel Strips Wheels bags exports order for 20,000 wheels

SSWL has also received a contract from BMW India to supply 18,000 wheels

L&T unveils high-tech spool base facilities for subsea project in Chennai

These facilities will execute a contract bagged from ONGC for a subsea installation by a consortium of J Ray Mc Dermott, Berlian McDermott and L&T Hydrocarbon

Stratasys and Siemens partner to develop additive manufacturing solutions

Two companies aim to strengthen and expand the benefits of 3D printing in manufacturing value chain in sectors such as aerospace, automotive and tooling

Manjushree Technopack expands pan-India by acquiring Varahi

With the acquisition of Varahi's rigid packaging business, the company has established a presence across India with eight manufacturing units in South, North and East

Private capacity accounts for 41% of total power generation in India

From 17 GW in 2006-07, private capacity has moved up to 124 GW in 2015-16, due to favourable government policies, according to FICCI