Page 60 - B2B Connect

Protein Sciences bags mega contract from US HHS for influenza vaccines

The company stands to receive up to $ 610 million through 2021 if US Biomedical Advanced Research and Development Authority (BARDA) exercises all options

Reliance Sibur Elastomers avails term loan of $ 330 mn

The loan, by way of external commercial borrowing (ECB) having tenor of 10 years, will be utilised to part finance the capital expenditure to set up India's first butyl rubber facility at Jamnagar, Gu

Dhunseri Petrochem completes formation of JV with Thailand's Indorama Ventures

The JV will gain from significant synergies as being the sole producer of PET resin in Northern & Eastern India and with all its manufacturing sites effectively integrated with third party PTA sup

Plastics consumption in India to reach 20 mn TPA by 2020

Exports of finished plastic products expected to double to $ 15 billion in the next 5 years, says Plastindia Foundation, which will organise Plastindia 2018 event in Gujarat

Thermo Fisher opens clinical services facility in South Korea

Over the past few years, clinical trials have consistently grown in South Korea, making it a leading emerging nation for clinical trial research in Asia

Asahi Glass buys German biopharmaceutical CMO Biomeva

With this acquisition, AGC's life science business will be able to expand its geographic coverage and offer a wider range of capacities

Aralez acquires US and Canadian rights to Zontivity from Merck

Zontivity is the first and only approved therapy shown to inhibit the protease-activated receptor-1, the primary receptor for thrombin, which is considered to be the most potent activator of platelets

Glenmark receives US FDA approval for skin ointment lidocaine

The approved product is the generic version of AstraZeneca's Xylocaine ointment (5%), which recorded annual sales of approximately $ 373 million

Skin care specialist Kaya Ltd acquires 75% stake in two UAE firms

The company has acquired 75 percent stake in Minal Medical Centre, Dubai, and Minal Specialized Clinic Dermatology, Sharjah

Suprajit buys US-based cables maker Wescon Controls for Rs 295 cr

Acquisition of Wescon, a market leader in the outdoor power equipment (OPE) in North America, will help Suprajit to increase its exposure in both automotive and non-automotive business in the Americas

Digitalisation and smart manufacturing: The way ahead to a sustainable India

The integration and interplay of product lifecycle management, factory automation and digitalisation will be key to the future of manufacturing, says Ashish Bhat

Narayana Health partners with Cisco to offer specialised remote diagnostics capabilities

The association will enable Narayana Health to offer high-quality diagnostic services for various specialities at a cost that's affordable to patients remotely in various parts of the country

European chemical association supports conclusion of TTIP agreement

The EU and the US make up 60 percent of global GDP amounting to over Euro 700 billion per year of goods and services traded. Chemicals are one of the top of all traded commodities

Nissan and Ashok Leyland agree to restructure partnership arrangement

As per the new pact, Ashok Leyland will buy Nissan's stake in three joint venture companies, formed in 2008, that focus on technology development, and manufacturing of powertrains and vehicles

Motherson Sumi acquires Hungarian auto parts maker Abraham es Tarsa

The Hungarian firm is an expert for plastic processing and high quality products for car makers across Europe

Tata Motors bags orders for over 5,000 buses from STUs in India

The company plans to execute all these orders, which will further strengthen its leadership position in the CV passenger space, in the financial year 2016-17

Bayer Crop Science to invest Euro 2.5 billion in R&D

The company's research team is working with more than 20 R&D targets in chemical crop protection, six targets for biological crop protection and eight targets for traits

Merck opens OLED materials manufacturing plant in Germany

Built with a total investment of around Euro 30 million, the plant enables a fivefold increase in production capacity of OLED materials, which are used in displays and lighting systems

IOCL to consult Engineers India for BS-VI upgradation project at six refineries

EIL will EPC management services to Indian Oil Corporation for implementing BS VI quality upgradation program at its six refineries in Panipat, Mathura, Gujarat, Haldia, Bongaigaon and Digboi

Indoco Remedies receives six 483s for Goa plant from US FDA

Form 483s were issued after the US drug regulator inspected the company's Goa plant II in connection with ANDA filings for injectable