Tag Archives: boost

Bayer pledges $300M to boost production in world’s ‘contraceptive capital’

Bayer, currently in the midst of a gung-ho cell therapy expansion in the U.S., is turning its attention back to Europe as it looks to beef up its birth control manufacturing in the world’s “contraceptive capital.” The company has designs on a €250 million ($ 303 million) investment for a new production plant in Turku, Finland,… Read More »

Thermo Fisher plots $600M manufacturing boost to meet COVID demand—and its work won’t stop there

With COVID-19 top of mind for many contract developers and manufacturers right now, Thermo Fisher Scientific has blueprinted a manufacturing boost to tackle pandemic work in the short-term—and vastly expand capacity in the years to come.  Thermo Fisher will upgrade its bioprocessing operations with more than $ 600 million in capital investments, plus at least 1,500 new hires, the company said… Read More »

COVID antibody drugs from Lilly and Regeneron won’t do much to boost their top lines: analysts

When Eli Lilly won emergency use authorization for its COVID-19 antibody drug, bamlanivimab, earlier this week, beating Regeneron to the finish line in a closely watched race, it was viewed as both good news and bad news. Now that Wall Street analysts have had a couple of days to digest the approval, some have concluded… Read More »