The international industrial conglomerate Honeywell (Nasdaq: HON) has opened a facility in Baton Rouge, Louisiana, to produce its new Solstice Air (HFO-1234ze(E) cGMP) medical propellant. HFO-1234ze is a fourth-generation refrigerant. The Morris Plains, New Jersey–based company says the new medical propellant has near-zero global warming potential (GWP) and is suitable for use in respiratory inhalers.…
A closer look at Honeywell’s and Walvax Biotech’s mRNA COVID-19 vaccine plant partnership
Walvax (SHE: 300142) recently formed a strategic collaboration with Honeywell (Nasdaq: HON) that led to the construction of China’s first mRNA COVID-19 vaccine production plant. The company has been working since 2017 to become a leading vaccine R&D company, recounted Shawn Opatka, vice president, life sciences, Honeywell Process Solutions. “Their goals accelerated the construction of…
How medtech and pharma are responding to Russia’s invasion of Ukraine
Medtech and pharma companies continue to support Ukraine relief efforts following Russia’s invasion. Previously, the World Health Organization announced that it was sending “essential medical supplies” to Ukraine — including its first shipment of 36 metric tons of supplies for trauma care and emergency surgery and other health supplies — to meet the needs of more than…
Honeywell acquires MES firm Performix
Honeywell (NASDAQ:HON) will integrate manufacturing execution system (MES) software offerings from Performix Inc. into its portfolio of offerings for life science companies. Financial details of the transaction were not disclosed. Houston, Texas–based Performix specializes in creating MES software for pharma and biotech companies. The company also has an office in Pune, India. Late last year, Honeywell…
Honeywell to acquire Sparta Systems for $1.3B
Honeywell (NYSE:HON) announced today that it will buy Sparta Systems (Hamilton, N.J.) and its medtech and pharma quality management software for $1.3 billion. Officials at Honeywell and Sparta Systems’ present owner New Mountain Capital expect the all-cash deal to close by the end of Q1 2021, pending certain regulatory approvals and other customary closing conditions. The…
Could Honeywell’s glass bottles alternative help COVID-19 vaccine distribution?
Even as a host of companies rush to create COVID-19 vaccines, there’s another looming challenge: how to safely and quickly distribute them. Officials at Honeywell (NYSE:HON) think they have one potential solution with their Aclar Edge bottles and vials, touted as a safer alternative to glass packaging for pharmaceutical products. Kori Anderson, Honeywell’s healthcare packaging GM,…
Honeywell unveils glass bottles alternative
Honeywell (NYSE:HON) is touting its new Aclar Edge bottles and vials as a safer alternative to glass packaging for pharmaceutical products. Aclar Edge is meant for oral liquids for human health and sterile injectables for animal health applications. Honeywell said it has created the bottles and vials through its novel and proprietary multi-layer extrusion blow molding…