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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]
Orion Corporation: Managers’ transactions – René Lindell
Globenewswire· 2025-03-11 07:00
Group 1 - Orion Corporation has received a notification regarding transactions made by its Chief Financial Officer, René Lindell, under the Market Abuse Regulation [1] - The transaction involved the receipt of a share-based incentive, with a volume of 4,533 shares at a unit price of 0 EUR [1] - Orion Corporation's net sales in 2024 amounted to EUR 1,542 million, and the company employed approximately 3,700 people at the end of the year [2] Group 2 - Orion Corporation is a Finnish pharmaceutical company with over a hundred years of experience in developing, manufacturing, and marketing pharmaceuticals [2] - The company has a diverse portfolio that includes proprietary and generic medicines, as well as consumer health products, focusing on oncology and pain management [2] - Orion's shares are listed on Nasdaq Helsinki, with both A and B shares available for trading [2]