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Global Markets Cautious Ahead of FOMC, Drugmakers Pledge Billions in US Investment
Stock Market News· 2025-09-17 00:39
Group 1: Pharmaceutical Industry Investments - Major pharmaceutical companies are committing over $350 billion in U.S. investments by the end of the decade, driven by potential tariff threats from the Trump administration on imported medicines [2][8] - Eli Lilly and Company announced a $5 billion investment for a new manufacturing facility in Virginia, focusing on active pharmaceutical ingredients for advanced therapies, expected to create 2,450 high-wage jobs [3][8] - Other drugmakers like GSK, AstraZeneca, and Johnson & Johnson are also making multi-billion dollar investments in their U.S. operations [3] Group 2: Mining and Copper Production - Mitsubishi Corporation, through its stake in Anglo American Sur S.A., finalized a joint mine plan with Codelco for the Los Bronces and Andina copper mines, projected to unlock at least $5 billion in additional pre-tax value [4][5][8] - The joint venture is expected to yield an additional 120,000 tonnes of copper production annually over a 21-year period, starting in 2030, with shared economic benefits [5] Group 3: Data Center and AI Development - Keppel Corporation has partnered with Dell Technologies to collaborate on data centers and develop AI platforms across Asia, aiming to nearly double its data center capacity to 1.2 gigawatts within three to five years [9][8] Group 4: Market Trends and Economic Indicators - Asia-Pacific stock markets opened lower as investors adopted a cautious stance ahead of the U.S. FOMC policy decision, with declines in Australia's S&P/ASX 200, Japan's Nikkei 225, and South Korea's KOSPI [6][8] - Japan's August trade deficit narrowed to -¥242.5 billion, outperforming estimates, with exports declining by only -0.1% year-on-year, while imports decreased by -5.2% [7][8]
Frédéric Robert appointed EUROAPI’s Chief Commercial Officer overseeing API Solutions and CDMO activities
Globenewswire· 2025-06-04 15:45
Core Viewpoint - EUROAPI has appointed Frédéric Robert as Chief Commercial Officer to enhance its API Solutions and CDMO activities, aligning with its FOCUS-27 transformation plan [1][3]. Group 1: Appointment and Responsibilities - Frédéric Robert will oversee the creation of commercial synergies between API Solutions and CDMO operations, aiming to deliver the FOCUS-27 sales plan and redefine the global sales strategy [2][3]. - His role includes expanding the group's presence in strategic markets and optimizing customer approaches with integrated, high-value-added solutions [2]. Group 2: Frédéric Robert's Background - Frédéric Robert has over 25 years of experience in the pharmaceutical industry, previously serving as Vice President of Sales & Customs Development EMEA at Aptar [4]. - He has held senior leadership roles at NAOS Bioderma and Fareva, where he led global commercial operations and was part of the Executive Committee [4]. Group 3: Company Overview - EUROAPI is a leading player in active pharmaceutical ingredients, with approximately 200 products in its portfolio and strong R&D capabilities [5][6]. - The company operates six manufacturing sites in Europe and supplies customers in over 80 countries [6].
Frédéric Robert appointed EUROAPI's Chief Commercial Officer overseeing API Solutions and CDMO activities
GlobeNewswire News Room· 2025-06-04 15:45
Core Insights - EUROAPI has appointed Frédéric Robert as Chief Commercial Officer to enhance its API Solutions and CDMO activities, aligning with the FOCUS-27 transformation plan [1][3] - The new role will focus on creating synergies between API and CDMO operations, delivering the FOCUS-27 sales plan, and redefining the global sales strategy [2][3] Company Overview - EUROAPI is a leading producer of active pharmaceutical ingredients (API) and operates as a contract development and manufacturing organization (CDMO) [1][5] - The company offers approximately 200 products and has strong R&D capabilities with six manufacturing sites in Europe, serving customers in over 80 countries [5][6] Leadership Background - Frédéric Robert brings over 25 years of experience in the pharmaceutical industry, having held senior roles at companies like Aptar, Fareva, and NAOS Bioderma [3][4] - His expertise includes overseeing commercial operations across Europe and North America, providing a comprehensive understanding of the API and CDMO value chain [3][4]