Category: Medical

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; […]

Industry Focus Areas, Medical, Process, Production

Ford partners with GE, 3M to begin manufacturing protective equipment, ventilators

March 24, 2020


Ford announced Tuesday it will partner with 3M and GE Healthcare to begin producing face masks and ventilators to help fill potential shortages caused by the coronavirus. Ford will work with 3M to manufacture a newly designed respirator and boost […]

Industry Focus Areas, Medical, Regulations

Pelosi calls on Trump to speed production of critical medical equipment

March 19, 2020

Via: Reuters

U.S. House Speaker Nancy Pelosi on Thursday called on President Donald Trump to speed up mass production of medical and protective equipment using the Defense Production Act, citing shortages in the country. “Right now, shortages of critical medical and personal […]

Industry Focus Areas, Logistics, Medical, Process

Global Medical Device Industry Bolstering Outstanding Growth Potentials

February 11, 2020

Via: PR Newswire

PALM BEACH, Florida, Feb. 11, 2020 /PRNewswire/ — There is no doubt that the global medical device market has been showing outstanding growth for the last few years and that it will continue to do so in the near future… […]