Page 164 - CW E-Magazine (20-2-2024)
P. 164

News from Abroad                                                                                                                                                                  News from Abroad


       ENGINEERING                                                                                                   view following production setbacks.                                 network,” said Novo Nordisk’s CEO,
       Maire awarded FEED contract for hydrogen-ammonia                                                              Mr. Marc Steinberg, an Elliott partner, said                        Mr. Lars Fruergaard Jørgensen, in a state-
                                                                                                                                                                                         ment. Due to its manufacturing prob-
                                                                                                                     in a statement the fund “fully supports”
       plant in Portugal; inks biomethane tech deal with Engie                                                       the transaction. Novo Holdings will pay                             lems, Novo Nordisk had restricted supply
                                                                                                                                                                                         of the ‘Wegovy’ starter doses so people
                                                                                                                     $63.50 a share, a 16.5% premium  to
                                                                                                                     Catalent’s closing price on February 9                              already on treatment could continue
          Italian technology & engineering                                highest environmental and safety stan-     and nearly 50% above the average price                              receiving the drug. The drugmaker recently
       group, Maire, has announced that Tec-                              dards. The project is geared towards the   over the past two months, weighted                                  announced it would lift the restriction as
       nimont (Integrated E&C Solutions)                                  set-up of an export energy carrier value   by trading volume. Upon  the deal’s                                 it has been able to expand supply.
       has been awarded a FEED (Front-End-                                chain between the Port of Sines (Portu-    close, which is expected by the end of  being purchased by Novo Nordisk spe-
       Engineering Design) contract by Mado-                              gal) and Northwestern European Hub.        2024, Novo Holdings will take posses-  cialise  in  what’s  known  as  fi ll-fi nish,   Maintaining a sure supply will be-
       quaPower2X to develop an integrated                                                                           sion of Catalent’s  more than 50 sites,  or the processes of sterilising and stan-  come even more essential for Novo
       green hydrogen and green ammonia                                   Biomethane technology collaboration        which include production facilities for  dardising pharmaceutical products and  Nordisk as it faces competition  from
       plant located in the industrial zone of                               In another development, Maire said      small-molecule pills,  injectable bio-  containers before fi lling and sealing the  rival Eli Lilly, which recently launched
       Sines, Portugal.                                                   Nextchem  Tech will collaborate  with      logics, as well as cell and gene therapies.  containers with drug product.  a weight-loss drug, ‘Zepbound’. Novo
                                                                          French utility major, Engie, for the                                                                           Holdings owns just over one-quarter
          MadoquaPower2x is a  consortium                                 development and commercialisation of          “Our acquisition  of Catalent is   “The acquisition complements the  of Novo Nordisk shares, but controls
       comprised of Madoqua Renewables,  for the construction  activities  of the  an  advanced biomethane technology   aligned with our mandate to invest in  signifi cant  investments  we  are  already  about 77% of voting capital.  It itself
       Power2X and Copenhagen  Infrastruc-  plant.  The  fi nal  notice  to  proceed  is  for the production of synthetic methane   high quality life sciences companies,”  doing in active pharmaceutical ingre-  is wholly-owned by the Novo Nordisk
       ture Partners (CIP), through its Energy  expected by 22 March 2024.  from dry biomass waste.                  said Novo Holdings CEO, Mr. Kasim  dients facilities, and the sites will provide  Foundation, and had assets of €108-bn
       Transition Fund.                                                                                              Kutay, in a statement. The three  sites  strategic fl exibility to our existing supply  at the end of 2022.
                                           This award follows a pre-FEED     Under this cooperation agreement,
          The project involves the production  carried out by NextChem Tech, Maire’s  NextChem  Tech will act as strategic   FOCUS ON ONCOLOGY
       of green hydrogen using alkaline-water  Sustainable Technology Solutions subsi-  partner and co-developer  in order to   AstraZeneca investing in new US facility to boost
       electrolyser technology and production  diary. Tecnimont will provide its EPC  optimise, integrate, develop, and com-
       of green ammonia through the Haber-  expertise leveraging on  NextChem  mercialise this advanced process using   cell therapy capabilities
       Bosch process. Green ammonia will be  Tech’s technological competences for  Nextchem’s and Engie’s proprietary
       transported by pipeline  to the Port of  hydrogen production and storage.  technologies.  Once  industrialised   Pharma major, AstraZeneca,  is in-                               and  Chief  Sustainability  Offi cer,
       Sines and loaded for export and/or used                            through the  Salamandre  project  in Le    vesting $300-mn in a new facility in                                AstraZeneca, said, “This new $300-mn
       as maritime fuel.                   MadoquaPower2X will use renew-  Havre, in France, NextChem Tech will      Rockville, Maryland (USA) to launch                                 investment will accelerate our ambition
                                         able energy generated by solar and wind  act globally as licensor of the integ-  its cell therapy platforms in the US for                       to  make  next-generation cell therapy
          Tecnimont’s  scope of work entails  assets under development in Portugal  rated package on an exclusive basis.   critical  cancer  trials and future com-                      a reality, ensuring that we are ready
       the  design of the electrolysers’ integ-  and up to 500-MWs of electrolysis  “This cooperation is part of NextChem   mercial supply.  The facility will be crea-                  to scale and meet the demands of
       ration, air separation unit for nitrogen  capacity  to produce up to 1,200-tpd  Tech’s and Engie’s commitment to the   ted to initially focus on manufacturing                    patients.”
       production, ammonia production plant,  (tonnes  per  day)  of green  ammonia.  transition to a zero-carbon industry, by   T-cell therapies to enable clinical trials
       as well as storage and ship loading faci-  It will be the fi rst facility in Sines, the  reducing energy consumption and of-  to be conducted around the world. Over  sciences ecosystem provides an attrac-  AstraZeneca is building a cell therapy
       lities. As part of the agreement, Tecni-  largest industrial  and logistic  hub in  fering more environmentally  friendly   time, the site may expand its focus to  tive environment for recruiting new and  portfolio that aims to empower and
       mont will also submit an Engineering,  the Iberian Peninsula, to produce clean  solutions through a circular approach,”   support other disease areas, the company  experienced talent, the company said.  equip the immune  system’s  T-cells to
       Procurement and Construction proposal  energy at an industrial scale and with the  Maire said in a press note.  informed.                                                         more effectively fi ght cancer. The com-
                                                                                                                                                          The  Rockville facility will  join  pany’s research teams are exploring
       CONSOLIDATION                                                                                                    The site represents the latest invest-  AstraZeneca’s global manufacturing and  new ways  to target and arm CAR-Ts
       Novo Holdings to buy Catalent for $16.5-bn                                                                    ment in cell therapy for  AstraZeneca  supply network of nearly 30 manufac-  to increase their effectiveness in solid
                                                                                                                     following collaborations with Quell  turing and supply sites in 16 countries,  tumours by overcoming the immune-sup-
          Novo  Holdings, the controlling  its parent company $11-bn to take over   Novo Nordisk and Catalent already   therapeutics,  AbelZeta, Cellectis, and  which are either currently  operational  pressive  tumour microenvironment.
       shareholder of Danish drug fi rm, Novo  three Catalent plants in Italy, Belgium  work together at the three sites, which   the acquisition of Neogene  Therapeu-  or under development. In the US,  Looking to the future,  AstraZeneca
       Nordisk, will  buy US-based contract  and Indiana to help expand production  employ more than 3,000 staff.    tics.  The Rockville facility is located  AstraZeneca’s manufacturing sites focus  is working to engineer  next-genera-
       manufacturer, Catalent, for $16.5-bn in  of its GLP-1 drugs ‘Ozempic’ and                                     less  than  fi ve  miles  away  from  one  of  on the production of small molecules  tion cell therapies, where physicians
       a take-private  deal (where a publicly-  ‘Wegovy’. Demand for the latter, which   Announcement of the deal comes   the company’s fi ve global R&D centres  and biologics.          could potentially select from a library
       traded company  is  converted into  is approved in the US for treating obesity,  fi ve  months  after  Catalent,  pressed   and sits within the booming life sciences              of off-the-shelf patient-ready therapies
       private ownership). In a related trans-  has  greatly exceeded supply,  forcing  by  activist investor  Elliott  Investment   corridor in Maryland. With close proxi-  Ms. Pam Cheng, Executive  Vice  already developed from the cells of
       action, Novo Nordisk has agreed pay  Novo Nordisk to restrict access.  Management, began a business  re-      mity to several universities, the life  President of  Global Operations & IT  healthy donors.

       164                                                                  Chemical Weekly  February 20, 2024       Chemical Weekly  February 20, 2024                                                              165


                                      Contents    Index to Advertisers    Index to Products Advertised
   159   160   161   162   163   164   165   166   167   168   169