Tuesday, July 31, 2018 Daily Archives

Amgen Breaks Ground on $160m Rhode Island Plant

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Amgen has broken ground on a single-use and modular biomanufacturing facility at a site in Rhode Island. The groundbreaking ceremony at the West Greenwich site took place today in the presence of the governor of Rhode Island, Gina Raimondo and congressman Jim Langevin. Construction of the plant will begin in September. The facility, first announced in April, will make biologics for the US and global market once operational. It has been described as a “next-generation biomanufacturing plant,†meaning it is…

July 31, 2018

Q2 Results: Bioprocessing Vendors Return to Double-Digit Growth

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Thermo Fisher and Sartorius are among bioprocessing vendors reporting a return to double-digit year-on-year growth, following ‘lumpy’ results in the same quarter 2017. For the second quarter 2018, Thermo Fisher reported revenues from its Life Sciences Solution segment of US$1.6 billion (€1.4 billion), up 12% on the same period last year. Fellow vendor Sartorius reported Q2 sales in its Bioprocessing Solutions unit up 14% in constant currency over last year, pulling in €287 million ($336 million), while order uptake was…

July 31, 2018