Privately-owned materials science firm SiO2 Materials Science has entered into an agreement with Seoul-headquartered Doosan Corp. related to the distribution of its vials, syringes and blood collection tubes in Asia and Oceania. The alliance will initially cater to the needs of pharmaceutical and diagnostics companies, with the scope of the partnership increasing over time. As…
Walmart teams up with Novo Nordisk to launch private-brand analog insulin
Walmart (NYSE:WMT) is launching what it describes as the first private label analog insulin. The company estimates the insulin products will save customers between 58% and 70% of the cost of branded insulin. Novo Nordisk (NYSE:NVO) will manufacture the analog insulin, which is a type of lab-grown insulin genetically engineered to optimize glucose control. The…