Edward Price, President and CEO, SEQENS N.A. and a member of SOCMA’s Bulk Pharmaceutical Task Force, today called for reasonable regulations and increased collaboration between stakeholders during testimony before the House Committee on Energy & Commerce hearing on Pharmaceutical Supply Chains in a Global Economy.
Rigid purity and performance demands, costly infrastructure and expertise and economic and global trends often result in a lack of suppliers outside China. And, in the event that alternate sources exist, supplier(s) often lack adequate volume to make up for shortfalls from China and so SOCMA members are placed on insufficient allocation and face price increases that results in the loss of market share to foreign competitors not subject to such taxes on inputs needed to formulate products.
Top 4 Things to Know About SOCMA Week SOCMA is returning to its roots and embracing the bayou for its... View Article
Lonza today announced an extension to its partnership with Genmab to cover preclinical and clinical development and manufacturing for a significant portion of Genmab’s pipeline. Lonza’s Ibex Solutions in Visp (CH) is designed to provide Genmab with the flexibility and speed they need to take their candidates towards IND and commercialization.
SOCMA is accepting nominations for two new industry awards targeted to professionals in the specialty and fine chemical value chain. Awards will be given in two categories: Women in Specialties and Emerging Leaders.
Water Science Technologies (WST), a leading blender andchemical solutions provider, announced today that is has been acquired by Chemicals Group (Italmatch), a global specialty chemical group focused on the production and marketing of performance additives for water & process treatment, oil & gas, industrial lubricants and plastics. Grace Matthews, Inc. advised Water Science Technologies on this transaction.
SOCMA is pleased to unveil its inaugural edition of Specialty Insights, a semi-annual publication especially designed for association members and those who are interested in the specialty and fine chemical value chain.
SOCMA is keenly aware of the instabilities generated by President Trump’s ambitious trade policy agenda. In fact, SOCMA was founded... View Article
Meridian Adhesives Group ("Meridian") announced the acquisition of Epoxies, Etc. (“Epoxies”), a leading resin formulator of epoxies, urethanes and silicones. Arsenal Capital Partners ("Arsenal") created Meridian in 2018 as its platform in the global adhesives and sealants sector, focusing on high-value adhesives technologies.