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AbbVie to spend $380M on two 2 manufacturing facilities in Illinois
Yahoo Finance· 2026-02-24 11:01
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Dive Brief: AbbVie announced it will spend $380 million to build two new U.S. facilities at its existing campus in North Chicago, Illinois that will integrate advanced manufacturing technologies with artificial intelligence to produce next-generation neuroscience and obesity drugs. Construction will begin in spring of 2026, with the plants scheduled ...
AbbVie to invest $380 million to expand US manufacturing in Illinois
Reuters· 2026-02-23 17:03
AbbVie on Monday said it would invest $380 million to build two new active pharmaceutical ingredient manufacturing facilities at its Illinois campus, expanding its domestic production capacity for its... ...
Orion publishes Financial Statement Release for 2025 and holds a webcast on 12 February 2026
Globenewswire· 2026-01-30 07:30
Financial Statement Release - Orion will publish its Financial Statement Release for 2025 on 12 February 2026 at approximately 12.00 noon EET [1] - The release and related presentation material will be available on the company's website after publishing [1] Webcast and Conference Call - A webcast and conference call for analysts, investors, and media representatives will be held on 12 February 2026 at 14.00 EET [2] - A link to the live webcast will be available on Orion's website, and a recording will be accessible later the same day [2] - Registration is required to join the conference call, with details provided through a specific link [2][3] Company Overview - Orion is a Nordic pharmaceutical company with over a hundred years of experience, focusing on developing, manufacturing, and marketing human and veterinary pharmaceuticals [5] - The company reported net sales of EUR 1,542 million in 2024 and employs approximately 3,700 professionals globally [5] - Orion's core therapy areas in pharmaceutical R&D include oncology and pain management, with proprietary products aimed at treating cancer, neurological diseases, and respiratory diseases [5]
Market update
Globenewswire· 2025-12-16 16:47
Core Viewpoint - EUROAPI's main shareholders, Sanofi and EPIC Bpifrance, have agreed to extend their lock-up period until December 18, 2026, enhancing the stability of EUROAPI's shareholding structure during the execution of its FOCUS-27 plan [1] Business Update - The execution of the FOCUS-27 plan is progressing well, with ongoing improvements in cost efficiency across the organization [1] - EUROAPI anticipates a mid-single digit decrease in Full Year 2025 Net Sales on a comparable basis, a revision from the previously communicated low-single digit decline [5] - The Core EBITDA margin objective for Full Year 2025 remains within the 7% to 9% range due to effective cost reduction measures [5] - A further update will be provided on March 3, 2026, alongside the Full Year 2025 Results [1][5] Company Overview - EUROAPI focuses on reinventing active ingredient solutions to meet global customer and patient needs, with approximately 200 products in its portfolio [2] - The company operates five manufacturing sites in Europe and serves customers in over 80 countries [3] - EUROAPI is listed on Euronext Paris under the ticker EAPI [3]
Glenview Doubles Down on Teva Stock With $72 Million Buy, According to Recent SEC Filing
Yahoo Finance· 2025-12-09 15:50
Company Overview - Teva Pharmaceutical Industries Limited is a leading global pharmaceutical company with a strong presence in both the generic and specialty drug markets, focusing on delivering accessible medicines across various therapeutic areas [1] - The company generates revenue through the development, manufacturing, and global distribution of prescription drugs and active pharmaceutical ingredients, utilizing both branded and generic product lines [2] Financial Performance - As of December 05, 2025, Teva's shares were priced at $28.46, reflecting a 63.5% increase over the past year, significantly outperforming the S&P 500 by 49.6 percentage points [2] - Over the last five years, Teva's shares have appreciated by 157%, resulting in a compound annual growth rate (CAGR) of 20.7%, which surpasses the S&P 500's total return of 99% and a CAGR of 14.8% during the same period [8] Institutional Investment - Glenview Capital Management reported a net increase of 868,457 shares in Teva during the third quarter, with the position's value rising to $337.19 million as of September 30, 2025, due to price appreciation and additional share accumulation [3][4] - Glenview's recent acquisition of approximately $72 million worth of Teva stock during the third quarter indicates a strong conviction in the company, making Teva the 4th-largest position in Glenview's portfolio, totaling 16.7 million shares valued at around $337 million [7][8]
Eli Lilly unveils plans for $5B manufacturing facility near Richmond, Virginia
CNBC Television· 2025-09-16 15:16
Manufacturing Expansion & Investment - Eli Lilly is investing $5 billion in a new US manufacturing site in Virginia, specializing in active pharmaceutical ingredients (API) and drug product for cancer, autoimmune diseases, and advanced therapies [1] - The new factory will enable Eli Lilly to produce targeted chemotherapies or antibody drug conjugates for the first time [1] - Eli Lilly's goal is to increase manufacturing capacity and bring more manufacturing work in-house [2] - Since 2020, Eli Lilly's total manufacturing investments amount to $50 billion, including a previously announced $27 billion investment in four new sites [4] Tax & Economic Factors - Lower US corporate tax rates (21%) influenced Eli Lilly's decision to build the API site in the US [2][3] - Previously, a 35% corporate tax rate made locating API facilities outside the US more financially attractive [3] Supply Chain & Tariffs - Eli Lilly aims to build a balanced and redundant supply chain to ensure medicine availability for patients [5] - The company is monitoring tariff developments but believes they will not significantly alter its overall strategy [5][6]
Availability of 2025 Half-Year Financial Report
Globenewswire· 2025-07-31 16:30
Core Insights - EUROAPI released its 2025 condensed Half-Year Consolidated Financial Statements for the six months ending June 30, 2025, available on its website [1][2] - The company focuses on reinventing active ingredient solutions to meet global customer and patient needs, with a portfolio of approximately 200 products [3] - EUROAPI operates five manufacturing sites in Europe and supplies customers in over 80 countries, emphasizing high-quality API manufacturing [4] Financial Overview - The report includes the 2025 half-year management report and the consolidated financial statements as of June 30, 2025 [2] - The Statutory Auditors' review report on the half-yearly financial information is also part of the documentation [2] Company Profile - EUROAPI is a leading player in active pharmaceutical ingredients, developing innovative molecules through its Contract Development and Manufacturing Organization (CDMO) activities [3] - The company employs approximately 3,270 individuals dedicated to enabling access to essential therapies [4] - EUROAPI is listed on Euronext Paris under the ticker EAPI [4]
Euroapi: Public Financing, Reorganization, And Very Cheap
Seeking Alpha· 2025-07-19 13:05
Group 1 - Euroapi S.A. announced financing from the European Commission and a plan to reorganize its business structure to enhance efficiency in the active pharmaceutical ingredient market [1] - The company operates in a growing sector, indicating potential for future growth and investment opportunities [1] - The analyst has a beneficial long position in the shares of Euroapi S.A., reflecting confidence in the company's prospects [2] Group 2 - The article emphasizes the importance of understanding business models before investing, highlighting a cautious approach to investment [1] - The analyst's experience spans various financial sectors, which may provide valuable insights into the company's performance and market trends [1]
Combined General Meeting of May 21, 2025
Globenewswire· 2025-05-21 15:45
Core Points - The Combined General Shareholders' Meeting of EUROAPI was held on May 21, 2025, in Paris, where all resolutions proposed by the Board of Directors were approved by shareholders [1][2] - The meeting included the approval of the unconsolidated and consolidated financial statements for the year 2024, compensation arrangements for corporate officers, and financial authorizations [2] - EUROAPI's Board of Directors now consists of ten members, with a majority being independent directors, including five independent members and two employee representatives [2] Company Overview - EUROAPI focuses on reinventing active ingredient solutions to meet global customer and patient needs, being a leading player in active pharmaceutical ingredients with around 200 products in its portfolio [3][4] - The company operates six manufacturing sites in Europe and employs approximately 3,430 people, ensuring high-quality API manufacturing for customers in over 80 countries [4] - EUROAPI is listed on Euronext Paris under the ticker EAPI and has strong research and development capabilities [4]
Combined General Meeting of May 21, 2025 - Availability of preparatory documents
Globenewswire· 2025-04-29 15:40
Company Information - EUROAPI is focused on reinventing active ingredient solutions to sustainably meet customers' and patients' needs globally, being a leading player in active pharmaceutical ingredients with approximately 200 products in its portfolio [5] - The company has strong research and development capabilities and operates six manufacturing sites located in Europe, ensuring high-quality API manufacturing to supply customers in over 80 countries [6] - EUROAPI is listed on Euronext Paris with ISIN: FR0014008VX5 and ticker: EAPI [6] General Meeting Details - Shareholders are invited to the Combined General Meeting on May 21, 2025, at 10:30 a.m. (CET) in Paris [1] - The notice of the meeting was published in the French official legal announcement publication on April 16, 2025, and in Actu-juridique.fr on April 28, 2025 [1] - Documents related to the General Meeting are available on the company's website under the "Annual General Meeting 2025" section [2] Shareholder Communication - Registered shareholders can request additional documents via email or at the company's registered office, with documentation sent by post or email depending on their preference [3] - Shareholders are encouraged to regularly check the company's website for the latest information regarding the Annual General Meeting, which will be broadcast live unless technical issues arise [4]