Tuesday, September 27, 2022 Daily Archives

Raw material maker Aceto rebrands as Actylis with eye on $7bn bio space

There is huge demand for customizable raw materials says newly-named Actylis, as it targets further M&A to propel itself into the bioprocess space. In 2019, raw material and ingredient distributor Aceto was acquired by private equity (PE) firm New Mountain Capital. Since then, the firm has moved away from being a virtual supplier via an M&A strategy that has seen seven acquisitions within a two-year period. The acquisitions were: intermediate developers and makers Syntor and IsleChem, large molecule input firm…

MilliporeSigma opens its first viral clearance lab in China

MilliporeSigma has completed the first construction phase of its China Biologics Testing Center, opening a viral clearance (VC) laboratory in Shanghai. MilliporeSigma, the life sciences division of Merck KGaA, says the 5,000 square meter center is the “first of its kind” for the firm in China. And according to the company, the $28 million VC laboratory helps meet the double-digit demand for VC services in the country as it enables its customers to locally conduct viral clearance studies from pre-clinical…

Process tech data standards would help biopharma digitize, Siemans study

Drug makers need data standards to realize the full benefits of digital manufacturing tech, according to new analysis. The research – by German technology conglomerate Siemens – focused on how digital systems are reshaping the production of medicines with the authors quizzing executives from 31 firms in the UK and Ireland about changes over the past two years. And the key finding is that biopharmaceutical firms need data standards according to the authors, who cite integration as a major challenge…