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Tag: COVID-19


Industry Focus Areas, Medical

Update on overseas clinical trials progress of novel adjuvant COVID-19 vaccine ReCOV

November 8, 2022

Via: PR Newswire

Jiangsu Recbio Technology Co., Ltd. (the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that positive results were achieved for its primary vaccination Phase II study in the Philippines and heterologous booster vaccination Phase II study in […]


News

Covid’s Drag on the Workforce Proves Persistent. ‘It Sets Us Back.’

November 7, 2022

Via: The Wall Street Journal

Two-and-a-half years after Covid-19 emerged, reported infections are way down, pandemic restrictions are practically gone and life in many respects is approaching normal. The labor force, however, is not. Researchers say the virus is having a persistent effect, keeping millions […]


Industry Focus Areas, Medical

Moderna Cuts Outlook Amid Covid-Vaccine Supply Hurdles

November 3, 2022

Via: The Wall Street Journal

Moderna Inc.’s third-quarter revenue fell by nearly a third and the pharmaceutical company cut its outlook, saying as part of its earnings report that supply constraints for its Covid-19 vaccines might sap as much as $3 billion in sales this […]


News

China’s Economic Woes Drag On With Factory Disruptions, Property Slump

August 31, 2022

Via: The Wall Street Journal

Chinese factory activity shrank and home sales tumbled in August, as the world’s second-largest economy struggled to shake off the impact from Covid-19 flare-ups, its worst heat wave in six decades and a deepening real-estate downturn. As the heat wave […]


News

Boston Scientific managed COVID-19, economic pressures in Q2, expects procedures to increase

July 27, 2022

Via: MedTech Dive

Boston Scientific weathered ongoing COVID-19 and macroeconomic pressures in the second quarter, leading the company to raise its 2022 forecast for organic revenue growth. CEO Michael Mahoney said on a Wednesday earnings call that the company now expects more “durable […]


News

Coca-Cola Posts Higher Sales

July 26, 2022

Via: The Wall Street Journal

Consumers are still filling up on soda even if they have to pay more. Coca-Cola Co. KO 1.80%▲ on Tuesday reported strong second-quarter sales and raised its revenue outlook for the year as people return to theme parks, movie theaters […]


News

Semi market struggling, says SI

June 17, 2022

Via: Electronics Weekly

Four of the top 14 semiconductor companies (Intel, Qualcomm, Nvidia and Texas Instruments) are expecting lower revenues in 2Q 2022 versus 1Q 2022. All four cited COVID-19 related lockdowns in China as a factor. China locked down several major cities […]


Process, Production

6 Implications of the Chip Shortage for Auto Manufacturing

May 23, 2022

Via: Manufacturing Tomorrow

The past few years have proved challenging for the auto manufacturing industry. Automakers faced a slew of obstacles amid the COVID-19 pandemic, but few were as far-reaching and disruptive as the chip shortage. Median semiconductor inventories fell from 40 days […]


Logistics, Process

How to Increase Agility in the Chemical Supply Chain

May 13, 2022

Via: Industry Today

The chemical industry is essential to the health of the global economy, influencing many other industries including the textile, automobile, and pharmaceutical industries. Incredibly, the chemical industry affects the production of more than 96% of the manufactured goods we use […]


Industry Focus Areas, Medical

Moderna Revenue Triples on Soaring Vaccine Sales

May 4, 2022

Via: The Wall Street Journal

Moderna Inc. MRNA -1.16% said that its first-quarter revenue and profit tripled from a year earlier on higher sales of its Covid-19 vaccine and that a fall booster-shot campaign could drive continued sales gains. The biotechnology company’s revenue topped $6 […]


Industry Focus Areas, Medical, Process, R & D

Essentium Fast Tracks COVID-19 Breathalyzer Kiosk Development With High Speed Extrusion 3D Printing

April 28, 2022

Via: Manufacturing Tomorrow

Essentium, Inc., a worldwide leader in industrial additive manufacturing (AM), today announced the Essentium High Speed Extrusion (HSE™) 3D Printing Platform and industrial materials were used to conceptualize, design, prototype, and manufacture ten functional Worlds Protect COVID-19 breathalyzer kiosks in […]


Industry Focus Areas, Medical

Johnson & Johnson Suspends Covid Vaccine Sales Guidance

April 19, 2022

Via: The Wall Street Journal

Johnson & Johnson JNJ +3.04% suspended full-year guidance for sales of its Covid-19 vaccine, citing a global surplus of doses and uncertainty over how the course of the pandemic will affect demand. The healthcare-products company said Tuesday that Covid-19 shots […]


News

Covid-19 Shuts Down Plants in China, Hitting Apple Supplier, Auto Makers

March 14, 2022

Via: The Wall Street Journal

A surge in Covid-19 cases led Chinese manufacturing hubs Shenzhen and Changchun to lock down in recent days, halting production at many electronics and auto factories in the latest threat to the world’s battered supply chain. A number of manufacturers […]


Energy, Industry Focus Areas

The Hydrogen Energy Storage Market Grows At 12% Rate With Increased Demand From End-Use Industries – TBRC

March 3, 2022

Via: PR Newswire

The increasing use of hydrogen in oil refineries and the chemical industries is contributing to the growth of the hydrogen energy storage market. Hydrogen is used for processing foods, treating metals, refining petroleum, and producing fertilizers. To lower the sulfur […]


Industry Focus Areas, Medical

Dexcom’s omicron hit easing in February; company still awaiting European launch for G7

February 11, 2022

Via: MedTech Dive

Diabetes technology has been one of the most resilient markets during the pandemic, with companies like Dexcom, Tandem Diabetes Care and Insulet growing revenues and users as the adoption of wearable devices and digital health technologies have taken off. Along […]


Process, R & D

COVID-19 accelerates U.S., Canadian manufacturing sectors evolution into high-tech, data-driven industry

February 2, 2022

Via: Manufacturing Tomorrow

As the manufacturing industry in North America undergoes its fourth evolution—the so-called Industry 4.0 period that began before the global pandemic and accelerated in response to many societal challenges posed by COVID-19—technological advancements are significantly impacting the design of manufacturing […]


Aerospace & Defense, Industry Focus Areas

Airbus Helicopters Bounces Back in 2021

January 26, 2022

Via: ASD News

In 2021, Airbus Helicopters logged 419 gross orders (net: 414) showing solid signs of recovery from the 2020 market situation which was heavily impacted by the economic consequences of the COVID-19 pandemic. (2020 – 289 gross/ 268 net orders). The […]


Industry Focus Areas, Medical

Covid-19 Pill Developer to Spend SPAC IPO Funds on Clinical Trial, Hiring

January 12, 2022

Via: The Wall Street Journal

Biopharmaceutical firm Pardes Biosciences Inc. plans to spend a large chunk of the funds it raised through a public offering late last month on a pill it is developing to treat Covid-19, including on manufacturing and hiring more clinical staff. […]


Industry Focus Areas, Motorized Vehicle

Electric Vehicles Drive Growth for China Car Sales

January 11, 2022

Via: The Wall Street Journal

China’s car market snapped a three-year decline last year, helped by strong sales of electric vehicles, though the global chip shortage and Covid-19 outbreaks in the country disrupted some production. Sales of passenger cars in 2021 rose 4.4% from a […]


Industry Focus Areas, Medical

Made in USA At-Home Testing Kits and Other American-Made COVID Supplies

January 5, 2022

Via: Alliance for American Manufacturing

Since the early days of the COVID-19 pandemic, our team has kept a running list of N95 and other kinds of masks that are Made in the USA. Now, as the omicron variant continues to spread, and at-home testing becomes […]