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Activities between Nov. 15, 2024, 7:17 p.m. and Nov. 22, 2024, 7:17 p.m. from: Contract Research Services.

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On a roll, CDMO Samsung Bio strikes $668M production tie-up with European pharma

Document Date: Nov. 20, 2024, 7:02 p.m. / Source: Fierce Pharma
Activity Class: PartnershipActivity
Partnership: Document Extract: Back in July, the CDMO announced a $ 1.05 billion manufacturing partnership with an unnamed U.S. drugmaker set to run through 2030. The company followed up that reveal with news of a $ 1.2 billion contract with another anonymous, Asia - based pharmaceutical company in October. The latter deal is set to last through December 2037. Prior to those agreements, Samsung Bio expanded a long-running partnership with Belgium's UCB to manufacture an anti-tau candidate in progressive supranuclear palsy and retooled a deal with Baxter Healthcare to provide unspecified production services through 2034. While many other CDMOs have struggled to come to grips with the post-pandemic contracting industry, Samsung Bio has largely avoided headwinds since rising to prominence several years ago.
Document Source: https://www.fiercepharma.com/pharma/samsung-bio-inks-production-tie-another-unnamed-pharma-time-worth-668m (archive.org page / archive.org listing)


On a roll, CDMO Samsung Bio strikes $668M production tie-up with European pharma

Document Date: Nov. 20, 2024, 7:02 p.m. / Source: Fierce Pharma
Activity Class: PartnershipActivity
Partnership: Document Extract: Rather than commenting on the latest production tie-up directly, the company's CEO, John Rim, pledged in a statement to continue pouring the proceeds from Samsung Bio's contracting projects back into the CDMO's production capabilities. Following a slate of high-value deals this year, Samsung Biologics is now partnered with 17 of the world's top 20 pharmaceutical companies, the manufacturer said in a release. Next up, the CDMO is adding antibody-drug conjugate services, including process development and conjugation, to its portfolio of offerings, Samsung Bio said. Samsung Biologics has been in the habit of disclosing high-dollar contracts with unnamed customers in recent months. Back in July, the CDMO announced a $ 1.05 billion manufacturing partnership with an unnamed U.S. drugmaker set to run through 2030.
Document Source: https://www.fiercepharma.com/pharma/samsung-bio-inks-production-tie-another-unnamed-pharma-time-worth-668m (archive.org page / archive.org listing)


On a roll, CDMO Samsung Bio strikes $668M production tie-up with European pharma

Document Date: Nov. 20, 2024, 7:02 p.m. / Source: Fierce Pharma
Activity Class: PartnershipActivity
Partnership: Document Extract: Samsung Biologics has been in the habit of disclosing high-dollar contracts with unnamed customers in recent months. Back in July, the CDMO announced a $ 1.05 billion manufacturing partnership with an unnamed U.S. drugmaker set to run through 2030. The company followed up that reveal with news of a $ 1.2 billion contract with another anonymous, Asia - based pharmaceutical company in October. The latter deal is set to last through December 2037. Prior to those agreements, Samsung Bio expanded a long-running partnership with Belgium's UCB to manufacture an anti-tau candidate in progressive supranuclear palsy and retooled a deal with Baxter Healthcare to provide unspecified production services through 2034.
Document Source: https://www.fiercepharma.com/pharma/samsung-bio-inks-production-tie-another-unnamed-pharma-time-worth-668m (archive.org page / archive.org listing)


Cooling tech made for space heads to data centers

Document Date: Nov. 18, 2024, 4:45 p.m. / Source: Fierce Network
Activity Class: CorporateFinanceActivity / Type: Acquisition
Buyer: Document Extract: Now, it's putting the pedal to the metal, announcing a deal to be acquired by big-name contract manufacturer Jabil to massively scale its operations.
Document Source: https://www.fierce-network.com/cloud/cooling-tech-made-space-heads-data-centers-mikros-ceo-says (archive.org page / archive.org listing)


Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services

Document Date: Nov. 18, 2024, 2:15 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: People’s Republic of China
Partnership: Document Extract: The new entity formed in respect of the Joint Venture, Fujian Shengfeng Fulai Low Altitude Comprehensive Services Co., Ltd., is expected to leverage Shengfeng Logistics's expertise in logistics with Fulai Aviation's drone technology to deliver drone - based logistics solutions across China's low-altitude logistics sector. Shengfeng Logistics holds a majority stake in the 51 % in the Joint Venture, which is anticipated to affirm the Company's commitment to establishing a leadership role in this burgeoning field. The focus of the Joint Venture will be on providing tailored drone logistics services to address critical needs in remote and mountainous areas and island regions of Fujian Province. Additionally, Shengfeng anticipates that, through the Joint Venture, it may collaborate with local governments to support forest fire prevention and monitoring through drone patrols, to provide timely and effective response capabilities in environmental protection. Strategic Expansion in China's Low-Altitude Economy.
Document Source: https://www.prnewswire.com/news-releases/shengfeng-development-limited-announces-joint-venture-with-fujian-fulai-aviation-to-expand-low-altitude-logistics-services-302307616.html (archive.org page / archive.org listing)


Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services

Document Date: Nov. 18, 2024, 2:15 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: People’s Republic of China
Partnership: Document Extract: Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services. FUZHOU, China, Nov. 18, 2024 /PRNewswire/ - Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ: SFWL) , a contract logistics company in China providing customers with integrated logistics solutions, announced today that on November 5, 2024, Shengfeng Logistics Group, a variable interest entity that the Company controls via a series of contractual arrangements ("Shengfeng Logistics") , forms a joint venture (the "Joint Venture") with Fujian Fulai Aviation Technology Co., Ltd. ("Fulai Aviation") . The new entity formed in respect of the Joint Venture, Fujian Shengfeng Fulai Low Altitude Comprehensive Services Co., Ltd., is expected to leverage Shengfeng Logistics's expertise in logistics with Fulai Aviation's drone technology to deliver drone - based logistics solutions across China's low-altitude logistics sector. Shengfeng Logistics holds a majority stake in the 51 % in the Joint Venture, which is anticipated to affirm the Company's commitment to establishing a leadership role in this burgeoning field. The focus of the Joint Venture will be on providing tailored drone logistics services to address critical needs in remote and mountainous areas and island regions of Fujian Province.
Document Source: https://www.prnewswire.com/news-releases/shengfeng-development-limited-announces-joint-venture-with-fujian-fulai-aviation-to-expand-low-altitude-logistics-services-302307616.html (archive.org page / archive.org listing)


Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services

Document Date: Nov. 18, 2024, 2:15 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity / Region: People’s Republic of China
Partnership: Document Extract: Shengfeng Development Limited Announces Joint Venture with Fujian Fulai Aviation to Expand Low-Altitude Logistics Services. FUZHOU, China, Nov. 18, 2024 /PRNewswire/ - Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ: SFWL) , a contract logistics company in China providing customers with integrated logistics solutions, announced today that on November 5, 2024, Shengfeng Logistics Group, a variable interest entity that the Company controls via a series of contractual arrangements ("Shengfeng Logistics") , forms a joint venture (the "Joint Venture") with Fujian Fulai Aviation Technology Co., Ltd. ("Fulai Aviation") . The new entity formed in respect of the Joint Venture, Fujian Shengfeng Fulai Low Altitude Comprehensive Services Co., Ltd., is expected to leverage Shengfeng Logistics's expertise in logistics with Fulai Aviation's drone technology to deliver drone - based logistics solutions across China's low-altitude logistics sector. Shengfeng Logistics holds a majority stake in the 51 % in the Joint Venture, which is anticipated to affirm the Company's commitment to establishing a leadership role in this burgeoning field. The focus of the Joint Venture will be on providing tailored drone logistics services to address critical needs in remote and mountainous areas and island regions of Fujian Province.
Document Source: https://www.prnewswire.com/news-releases/shengfeng-development-limited-announces-joint-venture-with-fujian-fulai-aviation-to-expand-low-altitude-logistics-services-302307616.html (archive.org page / archive.org listing)

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