News

Avanos Medical delivered strong Specialty Nutrition Systems growth and closed its acquisition of Nexus Medical, advancing innovation in neonatal and pediatric nutrition despite ongoing tariff pressures.

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Global pharma companies set a new record by investing $48.5B in partnerships with Chinese biotechs in the first half of 2025, led by innovations in oncology and next-gen therapeutics.

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Eli Lilly announces a $3 billion investment for a new oral medications manufacturing facility in the Netherlands, aiming to expand its European supply chain, create jobs, and deploy next-generation manufacturing technology.

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Akeso has secured a fourth Breakthrough Therapy Designation from China NMPA for ivonescimab in first-line TNBC, expediting development and regulatory pathways.

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UPS has finalized its $1.6 billion acquisition of Andlauer Healthcare Group, significantly expanding its pharma logistics infrastructure and services throughout North America.

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The European Commission has awarded Bavarian Nordic a new framework procurement contract for up to 8 million doses of smallpox/mpox vaccines, enhancing Europe’s disease preparedness.

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Mallinckrodt announces new research presentations on terlipressin for hepatorenal syndrome at the 2025 AASLD meeting, underscoring ongoing innovation in rare liver disease therapeutics.

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Boryeong expands its global CDMO business by partnering with Joulik Pharma to supply original cytotoxic anti-cancer drug Alimita across seven Southeast Asian nations.

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A new industry report reveals that the U.S. pharmaceutical sector is witnessing a $350 billion manufacturing investment boom, but growth is being threatened by critical labor shortages, tariffs, and shifting policy landscapes.

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Fosun Pharma posts Q3 2025 results showing robust growth in innovative drug revenue, significant R&D investment, international regulatory progress, and strategic finance initiatives, underscoring the firm's leadership in Asia’s pharmaceutical technology sector.

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