News about Industrial talks

Akums Manufacturing Growth Accelerates in Q1 FY26 with Strong CDMO Performance and Global Expansion Plans

Akums Manufacturing Growth Accelerates in Q1 FY26 with Strong CDMO Performance and Global Expansion Plans

In Q1 FY26, Akums posted total income of INR 1,051 crore and adjusted EBITDA of INR 156 crore, reflecting a 19.1% year-on-year increase. EBITDA margins improved to 14.8%, up from 12.7% last year — a 208-basis-point gain.

Industrial talks | 11/08/2025 | By Darshana 290

ICMR's SHINE Initiative Draws Over 13,000 Students from Across India

ICMR's SHINE Initiative Draws Over 13,000 Students from Across India

In response to Prime Minister Narendra Modi’s call for students to “spend one day as a scientist,” the Indian Council of Medical Research (ICMR) organised a nationwide student outreach programme across its institutes and the Department of Health Research (DHR)’s Model Rural Health Research Units (MRHRUs).

Industrial talks | 08/08/2025 | By Dineshwori 147

Gerresheimer Appoints Hans-Norbert Topp to Lead Expanded Moulded Glass Business Unit

Gerresheimer Appoints Hans-Norbert Topp to Lead Expanded Moulded Glass Business Unit

A graduate economist, Topp began his career in the automotive sector and went on to hold senior roles in finance, controlling, and operations at companies such as Vaillant and SULO.

Industrial talks | 31/07/2025 | By Darshana 108

AbbVie Eyes USD 1 Billion Acquisition of Gilgamesh Pharmaceuticals to Expand Mental Health Drug Portfolio

AbbVie Eyes USD 1 Billion Acquisition of Gilgamesh Pharmaceuticals to Expand Mental Health Drug Portfolio

Global biopharmaceutical company AbbVie is reportedly in advanced talks to acquire Gilgamesh Pharmaceuticals in a deal valued at approximately USD 1 billion, according to people familiar with the matter. The acquisition would further AbbVie’s strategic expansion into the mental health treatment space.

Industrial talks | 31/07/2025 | By Darshana 164

Ofichem Acquires Uppsala Site from Meribel to Boost Early-Stage API Development and Biotech CDMO Services

Ofichem Acquires Uppsala Site from Meribel to Boost Early-Stage API Development and Biotech CDMO Services

Ofichem, a leading European Contract Development and Manufacturing Organisation (CDMO) focused on high-quality active pharmaceutical ingredients (APIs) and integrated drug development, has acquired Meribel Pharma Solutions’ Uppsala site in Sweden.

Industrial talks | 30/07/2025 | By Darshana 135

Nordic Capital, Permira Launch USD 3.26 Billion Bid to Acquire Vaccine Manufacturer Bavarian Nordic

Nordic Capital, Permira Launch USD 3.26 Billion Bid to Acquire Vaccine Manufacturer Bavarian Nordic

Private equity firms Nordic Capital and Permira have jointly launched a EUR 3 billion (approx. USD 3.26 billion) bid to acquire Danish vaccine manufacturer Bavarian Nordic. The offer, which values each share at EUR 95, represents a significant premium over the company’s recent trading price.

Industrial talks | 29/07/2025 | By Darshana

Thermo Fisher CEO Highlights Strategic Value of Acquiring Sanofi's Sterile Manufacturing Facility in New Jersey

Thermo Fisher CEO Highlights Strategic Value of Acquiring Sanofi's Sterile Manufacturing Facility in New Jersey

Thermo Fisher Scientific's Chairman, President, and CEO Marc Casper recently emphasized the strategic significance of the company's acquisition of Sanofi’s sterile injectable manufacturing site in New Jersey, calling it a "great addition" to Thermo Fisher’s global pharmaceutical services network.

Industrial talks | 26/07/2025 | By Darshana 122

Zydus Challenges Delhi HC Order Blocking Sale of Cancer Drug Biosimilar

Zydus Challenges Delhi HC Order Blocking Sale of Cancer Drug Biosimilar

The single-judge order, issued on July 18, 2025, prohibits Zydus from manufacturing, selling, advertising, importing, or exporting its Nivolumab biosimilar until the final outcome of the case or the expiry of the suit patent on May 2, 2026.

Industrial talks | 25/07/2025 | By Darshana 338

Zydus Lifesciences Hit by Legal Setback in U.S. Over Cancer Biosimilar Patent Dispute

Zydus Lifesciences Hit by Legal Setback in U.S. Over Cancer Biosimilar Patent Dispute

While Zydus may consider appealing the verdict or negotiating a settlement, the setback highlights the broader challenges biosimilar manufacturers face in penetrating regulated markets like the U.S.

Industrial talks | 21/07/2025 | By Darshana 237

PHARMEXCIL Chairman Urges Antimicrobial Drug Makers to Adopt Responsible Manufacturing Practices

PHARMEXCIL Chairman Urges Antimicrobial Drug Makers to Adopt Responsible Manufacturing Practices

Namit Joshi, Chairman of the Pharmaceuticals Export Promotion Council of India (PHARMEXCIL), has warned that Antimicrobial Resistance (AMR) poses a serious threat to the industry's top line and urged manufacturers of antimicrobial products to make responsible manufacturing a core value rather than just a compliance checkbox.

Industrial talks | 21/07/2025 | By Dineshwori 181

 
 

 

 

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