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Merck KGaA suffers CDMO slump after 'sharp drop' in COVID-related sales, CFO says

Fierce Pharma

Merck KGaA’s forecast for a tough 2023 is coming true, as the Darmstadt, Germany-based company’s contract manufacturing division took a major hit from production timing and COVID-related sales down | Merck KGaA’s life science services business unit, which offers contract manufacturing and contract testing services, logged a “strong organic sales decline” (..)

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Gender Pay Gap Worsens Within European Life Sciences Industry

Pharma Marketing Network

The Healthcare Businesswoman’s Association Europe region released an update to its 2018 industry gender pay gap report that shows there is a clear increase in the pay gap between men and women in the life sciences sector in Europe. France and the U.K. reduced the pay gap to 4.8 percent and 5.1 France and the U.K. percent and 5.1

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Reef and USB set to open one of Europe's 'largest life science campuses'

Outsourcing Pharma

Planning permission for âone of Europeâs largest life sciences campusesâ was granted last week (August 8).

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Forge Biologics and Labcorp partner for gene therapies development

Pharmaceutical Technology

Forge Biologics and global life sciences company Labcorp have announced a strategic adeno-associated virus (AAV) gene therapy development and manufacturing collaboration.

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Pharma manufacturer Gerresheimer gives Georgia an $88 million injection of funds

Outsourcing Pharma

Manufacturer for the pharma and life sciences industry, Gerresheimer, is investing more than $88 million to expand its operations in Peachtree City, Georgia.

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After 2022 interest rate hikes spook investors, pharma M&A to resurge in late 2023

Pharmaceutical Technology

PWC predicts deal volumes to resemble prior years with the effect of the US Inflation Reduction Act on pricing better understood and less uncertainty surrounding business conditions, according to an article entitled Pharmaceutical & Life Sciences: US Deals 2023 Outlook published on the company’s website.

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Life-science logistics specialist opens Los Angeles location

BioPharma Reporter

Biocair has expanded its pharmaceutical and clinical trial logistics operations with new location in California, near Los Angeles International Airport.