SINGAPORE: For more than a year, a supervisor at Marks & Spencer noted down customers’ credit card details, which he used to buy almost S$9,000 worth of meals. Teo Kai Seng, 29, was on Monday (Aug 29) jailed for three months after pleading guilty to three charges under the ComputerContinue Reading
TOKYO – Japan’s Fujifilm has announced plans to invest approximately 200 billion yen (US$1.45 billion) to expand its biopharmaceutical production capacity by 3.7 times over the next five years.
Management expects this to support a 3.3 times increase in annual Bio-CDMO revenue to 500 billion yen ($3.7 billion) by the end of the decade. Bio-CDMO is short for Biologics Contract Development and Manufacturing Organization – an organization that serves pharmaceutical companies that cannot afford to or prefer not to invest in their own production facilities.
Fujifilm is the third East Asian CDMO to announce a major expansion plan, the others being China’s WuXi Biologics and South Korea’s Samsung Biologics. By the end of the decade, these and other East Asian companies are likely to have a defining presence in the industry.
The 200 billion yen will be spent on a new building, bioreactors, purification facilities and other equipment at the company’s manufacturing complex in Denmark, making it the largest end-to-end CDMO facility in Europe.
The post Fujifilm chasing Samsung, WuXi with big biopharma plans appeared first on Asia Times.
People are being rescued because of the devastating floods across the country.Continue Reading
China and the United States have signed an agreement to solve the accounting disputes of US-listed Chinese firms but both sides have different understandings of the approach of cooperation. The United States’ Public Company Accounting Oversight Board (PCAOB), the China Securities Regulatory Commission (CSRC) and China’s Ministry of Finance last Friday signed a statement of […]
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Police identified the prime suspect in the attack as “Chen”, saying he or she “recklessly used violence to commit evil”, according to state broadcaster CCTV. Following the attack Tangshan authorities sacked the city’s deputy police chief and 5 other police officers, and also launched a crackdown against organised crime. DiscussionContinue Reading
The particular National Police Policy Commission (NPPC) upon Monday approved the nomination of Pol Gen Damrongsak Kittiprapas, a deputy police chief, as the new national police key, succeeding Pol Style Suwat Jangyodsuk who else retires at the end of Sept, a police supply said.Continue Reading
SEVERE WEATHER IS “THE NEW NORMAL” “These person events fit the pattern of improving extreme events because of climate change, inch said Professor Matthias Roth from the Section of Geography at the National University of Singapore (NUS). “Such severe weather will likely become the new normal in a warmingContinue Reading
BEIJING: Police in China’s Henan province possess arrested 234 suspects in connection with a rural banking scandal, the general public security bureau of the province’s Xuchang town said on Monday (Aug 29). Deposits really worth at least US$1. 5 billion at a number of small lenders within Henan have beenContinue Reading
Laos people unprecedented financial problems, including US$14. 5 billion worth associated with public and publicly guaranteed debt — around half of that is owed to Cina. But unlike Sri Lanka, there is no chance that Laos will default on its external debt obligations. China, its largest lender and political best friend, will not let Laos default. The size of […]
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SINGAPORE: A woman has been on Monday (Aug 29) jailed designed for five weeks pertaining to forging a retrenchment letter to apply for the COVID-19 Support Offer. Goh Chyi Chen, 42, pleaded guilty to 1 charge of forgery. Another charge of attempting to cheat the Ministry of Interpersonal and FamilyContinue Reading