Business digest
Pharma major AstraZeneca, headquartered in Cambridge, UK, has amended its collaboration agreement with US pharmaceutical company Ironwood Pharmaceuticals. AstraZeneca now has sole responsibility for the R&D, manufacture and commercialisation of the irritable bowel syndrome (IBS) treatment Linzess in mainland China, Hong Kong and Macau.
Business digest
US biotechnology company, Aldevron which produces plasmid DNA, proteins, mRNA and antibodies, is building a gene therapy manufacturing campus at its headquarters in Fargo, ND. Three buildings will be built over the next three to five years to support genetic medicine.
Business digest
UK-based global petrochemicals giant Ineos is investing $2bn in building its first ever manufacturing plants in Saudi Arabia.
Business digest
Chemicals major BASF has opened a research centre for catalyst and process development at its Verbund site
Business digest
UK headquartered Abcam, a global life sciences company, has acquired US-based Calico Biolabs
Business digest
Biomunex Pharmaceuticals, headquartered in Paris, France, has signed a licensing agreement with French pharma major Sanofi
Business digest
International life sciences measurement and testing company LGC, headquartered in London, UK, has acquired US-based SeraCare Life Sciences.
Business digest
Bayer is to divest its animal health business as a part of a major restructuring programme designed to strengthen its life science businesses.
Business digest
US healthcare company Alliqua BioMedical is merging with San Fransciso-based biopharmaceutical company Adynxx.
Business digest
Alcon, the eye care unit of Swiss drug major Novartis, will locate its future global headquarters in the Canton of Geneva.