Category: Medical

Industry Focus Areas, Medical

GM facility to continue building ventilators after completing $489.4 million government contract

August 12, 2020


A former General Motors auto facility in Indiana will continue building critical-care ventilators following the expected completion of a $489.4 million government contract this month for 30,000 of the devices for the national stockpile. GM will lease the building on […]

Aerospace & Defense, Industry Focus Areas, Medical

Nexa3D Unveils Its Expanded Ultra-Fast Polymers for Manufacturing Aerospace and Medical Products at Virtual ASME AM Industry Summit

August 7, 2020

Via: Manufacturing Tomorrow

Nexa3D, the maker of ultra-fast polymer production 3D printers, announced today it plans to demonstrate its expanded portfolio of polymer production solutions that now include both photoplastic and thermoplastic capabilities at the virtual ASME AM Industry Summit on August 11 […]

Industry Focus Areas, Medical

How a Struggling Company Won $1.6 Billion to Make a Coronavirus Vaccine

July 16, 2020

Via: The New York Times

In late February, as the coronavirus spread around the world, Dr. Richard Hatchett, the head of an international nonprofit that gives money to vaccine developers, got on an important call to discuss vaccine candidates after his plane touched down at […]

Industry Focus Areas, Medical

Unum Therapeutics Inc. Announces Acquisition of Kiq LLC

July 6, 2020

Via: PR Newswire

CAMBRIDGE, Mass. and PHILADELPHIA, July 6, 2020 /PRNewswire/ — Unum Therapeutics Inc. (“Unum”) (NASDAQ: UMRX), a biopharmaceutical company focused on developing therapies for solid tumors, today announced it has completed the acquisition of Kiq LLC (“Kiq”), a privately held, biotechnology […]

Industry Focus Areas, Medical

Affinity discovers potent SARS-CoV-2 antibodies

July 2, 2020

Via: PR Newswire

Melbourne-based Affinity Biosciences Pty Ltd (Affinity), a privately held company focused on antibody discovery for cancer therapeutics, today announces the discovery of potent antibodies with therapeutic potential against COVID-19. In March, Affinity commenced screening its proprietary library of one hundred […]

Industry Focus Areas, Medical

U.S. awards new $628 million contract to boost output of potential COVID-19 vaccine

June 1, 2020

Via: Reuters

As drugmakers race to develop vaccines, tests and therapies for the disease, the United States is looking to secure manufacturing capacity under its “Operation Warp Speed” program announced in May to accelerate vaccine development. “Securing more manufacturing capacity here in […]

Industry Focus Areas, Medical, Regulations

Trump signs deal with company in effort shift drug manufacturing to U.S.: New York Times

May 19, 2020

Via: Reuters

(Reuters) – The United States will announce on Tuesday that it has signed a $354 million contract with a company to make generic medicines and pharmaceutical ingredients in the country needed to treat COVID-19, the New York Times reported late […]

Industry Focus Areas, Medical

Find a Vaccine. Next: Produce 300 Million Vials of It

May 1, 2020

Via: The New York Times

In the midst of national shortages of testing swabs and protective gear, some medical suppliers and health policy experts are looking ahead to another extraordinary demand on manufacturing: Delivering a vaccine that could potentially end the pandemic. Making a vaccine […]

Industry Focus Areas, Medical, Motorized Vehicle

Lamborghini: manufacturing facemasks to combat COVID-19

April 1, 2020

Via: Manufacturing Global

The masks and plexiglass shields will be produced in Lamborghini’s super sports car production plant in Sant’Agata Bolognese, and will be donated to the Sant’Orsola-Malpighi Hospital in Bologna. The hospital is located less than 20 miles away from the factory, […]

Industry Focus Areas, Medical

Luye Pharma Continues to Deliver Strong Growth in 2019

March 27, 2020

Via: PR Newswire

Luye Pharma Group (02186.HK) reported its financial results for 2019 on March 27, 2020. According to the results, the company has achieved a total revenue of RMB 6.358 billion, up 22.9% year-on-year. EBITDA was RMB 2.488 billion, up 26.9% year-on-year; […]