The NIH recently announced that it has started enrolling adults for a Phase 2 clinical trial evaluating various additional COVID-19 booster shots. NIH’s National Institute of Allergy and Infectious Diseases (NIAID) is sponsoring the COVID-19 Variant Immunologic Landscape (COVAIL) trial. “We are looking beyond the Omicron variant to determine the best strategy to protect against…
Evonik launches new Eudratec tech to boost solubility of oral small molecules
Evonik (Essen, Germany) announced today that it now offers Eudratec SoluFlow, a microparticle technology meant to enhance solubility of active pharmaceutical ingredients in oral drug products. The emulsion-based process technology overcomes solubility hurdles that cannot be resolved by existing manufacturing technologies, according to Evonik. With more than 70% of new small molecules being insoluble, Eudratec…
HHS to support more manufacturing of APIs, other healthcare products
HHS will fully establish a program to provide loans, grants and other types of funding to expand the U.S. health resources industrial base, the White House announced today. The news was part of a package of actions the Biden administration is taking to support American manufacturing and boost supply chains. The White House briefing statement…
Cardinal Health profits take a big hit in Q2
Cardinal Health (NYSE:CAH) today reported mixed second quarter results and cut its EPS guidance as the company’s Medical segment continues to wrestle with inflation and supply chain problems. The Dublin, Ohio–based pharma and medtech giant reported profits of $49 million, or 17¢ per share, on sales of $45.5 million for the three months ended Dec.…
Schott expands Chinese glass tubing plant
Schott recently announced that it has completed the next expansion stage at its pharmaceutical glass tubing site in Jinyun, China. The company completed construction at the site in just 15 months despite the COVID-19 pandemic, with production starting in November 2020. The plant is meant to create a solid production base for high-quality borosilicate glass…
Steris launches two new vaporized hydrogen peroxide biodecontamination systems
Steris has launched the next generation of its vaporized hydrogen peroxide (VHP) biodecontamination systems to achieve 6-log bioburden reduction in good-manufacturing-practice pharmaceutical, medical device and research environments. It’s possible to integrate the new VHP 100i and 1000i systems into a facility’s building automation and HVAC systems, running a decontamination cycle at programmed intervals or at…
Curia completes LakePharma acquisition
Curia, formerly known as AMRI, recently announced that it has completed its acquisition of LakePharma, a biologics drug discovery, clinical research, development and manufacturing organization. The financial terms of the deal were not disclosed. LakePharma has operations in California, Massachusetts and Texas. The acquisition will enable Albany, N.Y.–based Curia to offer expertise in both large…
Cardinal Health stock down after Q4 earnings disappoint The Street
Cardinal Health (NYSE: CAH) reported fourth-quarter adjusted earnings today that were only two-thirds of what The Street expected. The Dublin, Ohio–based health care services company’s stock was down more than –13% to $51.04 apiece in morning trading. Our sister site MassDevice‘s MedTech 100 Index, which includes stocks of the world’s largest medical device companies, was…
Merck results miss in Q2
Merck (NYSE: MRK) posted second-quarter results today that missed the consensus forecast on Wall Street, though the company expects up to 14% sales growth this year. The Kenilworth, N.J.–based pharmaceutical giant reported profits of $1.213 billion, or 48¢, off $11.402 billion in sales, nearly halving its bottom line while boosting sales 19% from Q2 2020.…
Miki Pulley touts new magnetic couplings
Miki Pulley (Plymouth, Minn.) has new magnetic couplings that “mechanically isolate” the shafts and motor to provide clean operation in mixing systems, including in pharmaceutical and laboratory operations. The mechanically isolated magnetic coupling transmits torque through the air through both input and output hubs of the coupling. The couplings contain rare-earth neodymium magnets, which create…