Skip to main content

CDMO expansion for AGC

AGC is to expand the production lines of its AGC Wakasa Chemicals subsidiary at the Kaminaka plant in Japan’s Fukui prefecture. The amount involved was not disclosed but the expansion, due to start operation in Q1 2024, will increase AGC Wakasa Chemicals’ manufacturing capacity by 50%, with more potentially to come.

New ADC technology from Merck KGaA

Merck KGaA’s Life Science business sector has launched ChetoSensar, a technology that improves the solubility of antibody-drug conjugates (ADCs). Over 20% of ADC candidates are terminated in clinical trials because of poor solubility. The company said that this supports it efforts to double its ADC and HPAPI capacity in the near future.

Olon in enzymatic expansion

In partnership with Aguettant Pharmarmaceutical, Italy’s Olon Group is to expand and renovate its plant in Mulazzano, which is dedicated to the production by enzymatic transformation. It will install reactors, filters and ancillary equipment, as well as automating and digitalising some steps performed there.

Seqens takeover confirmed

SK Capital Partners has announced that it, Eurazeo and other shareholders in Seqens have entered a formal agreement for it to acquire Seqens. This follows a period of exclusive negotiations and the agreement of the employee representative body. This remains subject to regulatory approval. S

Minafin reorganises itself

As “part of its strategy to meet the evolution of customer needs in fine chemicals and services”, the Minafin Group has reorganised itself into three divisions, each with its own CEO, with effect from 1 October. They are:

* Health Chemistry, comprising the pharmaceutical activities of Minakem CDMO, Minakem Generics and HPAPIs, led by a CEO who is as yet unannounced

* Green Chemistry, comprising the mainly non-pharma activities of Pennakem, Minasolve, Minagro and EcoXtract, under Gust Desmedt

Further buy for Aceto

Aceto has acquired A&C Bio Buffer, a GMP manufacturer of custom buffer and chemical blends for the manufacture of biopharmaceutical drug products. This follows the acquisition earlier this year of A&C, a US manufacturer of GMP speciality excipients and custom process systems that had owned the Irish facility until then.

Vertellus to buy Chemtrade businesses

Vertellus has signed a definitive agreement to acquire the potassium chloride, caustic pellets and vaccine adjuvant businesses of diversified US chemical firm Chemtrade. Terms were not disclosed. The transaction is expected to close during Q4, subject to regulatory approval and customary closing conditions.

Subscribe to Pharmaceuticals