Latest Updates

Sustained Engagement is Key for USMCA Passage

The state of play has reached a critical juncture in U.S.-Mexico-Canada Agreement (USMCA) negotiations (USMCA being the trade agreement that is set to replace NAFTA) as House Democrats continue to work through the thorniest outstanding issues, such as the pact’s labor standards and enforcement mechanism, with the Office of the U.S. Trade Representative.

November 13, 2019

China Tariffs and Impacts to the Chemical-Pharmaceutical Industry

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.

October 17, 2019

Lonza’s Ibex™ Solutions to Support Genmab’s Growing Clinical Portfolio

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.

October 14, 2019

SOCMA Launches Two New Industry Awards

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.

October 3, 2019

Grace Matthews Advises Water Science Technologies on its Sale to Italmatch Chemicals Group

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.

September 27, 2019