Tag: Investments

Medisorb to Invest 100 Million Rubles Under First Regional Offset Contract

The Ministry of Health of the Perm Region and Medisorb JSC have signed the region's first-ever offset contract. The...

“RBT” to Direct 60 Million Rubles to Vaccine Development and New Products

Shareholders of the biotech company JSC "RBT" (part of the "Artgen Biotech" ecosystem) have approved a decision to increase...

Pharma Giant Nobel Invests 40 Billion Tenge in New Plant Construction in Kazakhstan

The Ministry of Health of the Republic of Kazakhstan has signed a major investment agreement with the Turkish company...

Big Pharma Companies Expand in China: Investment Overview for 2026

By 2026, China is completing its transformation from a global generics manufacturing site into a world-class biotechnology hub. Despite...

Amgen sells its Turkish manufacturing arm for $135M

Amgen, which has been beefing up its U.S. manufacturing operations, sold its stake in Turkey’s oldest pharmaceutical company Gensenta...

Pfizer and BioNTech announce new $3.2 billion agreement to supply the COVID-19 vaccine to the US

Pfizer Inc. and BioNTech SE announced today a new vaccine supply agreement with the U.S. government, according to which...

Fujifilm plans a $1.6 billion expansion at CDMO facilities in Denmark and Texas

Fujifilm isn’t slowing down on its expansion roll. Just a few months after it bought Shanandoah Biotechnology for an...

Spero Therapeutics plummets 15% as FDA rejects new drug application

Spero Therapeutics , Inc. shares plunged around 15% after-hours following the company’s announcement, according to which the U.S. Food...

Sutro Biopharma shares soar 67% due to cooperation with Astellas in cancer treatment

Sutro Biopharma Inc. shares leaped 67% to $7.24 a share in U.S. after-hours trading after the South San Francisco...

Biotech investors focus on biotechs with drugs closer to market

Biotech investors nursing losses from stock price falls are now focusing on firms which are closer to getting their...

Bristol Myers must face $6.4 bln lawsuit over delayed cancer drug

A U.S. judge on Friday refused to dismiss a $6.4 billion lawsuit accusing Bristol Myers Squibb Co of delaying...

Gurnet Point Capital, Patient Square Capital agreed to pay up to $890 million for biotechnology

Radius Health, a maker of bone and cancer drugs, has agreed to be taken private in an acquisition worth...