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▼|TSLA354.08-22.29 (-5.92%) ▼|TXN258.44+4.61 (+1.82%) ▲|UBER75.76-0.20 (-0.26%) ▼|UNH397.14-3.80 (-0.95%) ▼|UNP289.62+0.47 (+0.16%) ▲|UPS102.29-1.21 (-1.17%) ▼|USB63.37-0.16 (-0.25%) ▼|V375.07-3.68 (-0.97%) ▼|VZ50.14-0.45 (-0.89%) ▼|WFC89.97+0.78 (+0.87%) ▲|WMT107.14-1.28 (-1.18%) ▼|XOM159.47-2.74 (-1.69%) ▼|
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Tag: manufacturing

European Medicines Agency Recommends Market Approval of AVT06, Alvotech’s Proposed Biosimilar to Eylea® (aflibercept)

REYKJAVIK, Iceland and LONDON, June 23, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human use (CHMP) adopted a positive opinion recommending approval for AVT06, Alvotech’s proposed biosimilar to Eylea® (aflibercept 2 mg). Based on a positive recommendation by CHMP, biosimilar medicines can be approved by the European Commission for marketing in the European Economic Area, that includes the 27 member states of the European Union, in addition to Norway, Iceland and Lichtenstein.

European Medicines Agency Recommends Market Approval of AVT06, Alvotech’s Proposed Biosimilar to Eylea® (aflibercept)

REYKJAVIK, ICELAND and LONDON, UK (June 23, 2025) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human use (CHMP) adopted a positive opinion recommending approval for AVT06, Alvotech’s proposed biosimilar to Eylea® (aflibercept 2 mg). Based on a positive recommendation by CHMP, biosimilar medicines can be approved by the European Commission for marketing in the European Economic Area, that includes the 27 member states of the European Union, in addition to Norway, Iceland and Lichtenstein.

GAC Indonesia Smart Factory Commenced Operation with First AION V Produced

JAKARTA, Indonesia, June 23, 2025 /PRNewswire/ -- Recently, the GAC Indonesia Smart Factory was officially completed and commenced operations in Jakarta. Mr. Wei Haigang,...

Antonio Filosa Announces New Stellantis Leadership Team on First Day as CEO

AMSTERDAM, June 23, 2025 /PRNewswire/ -- Antonio Filosa today takes up the role as Chief Executive Officer of Stellantis N.V. and announces his new...

Navamedic ASA expands into addiction treatment through the acquisition of the business of dne pharma and announces a partially underwritten rights issue

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE...

From Wildlife Detection to Search & Rescue Missions: Raytron’s Thermal Cameras Enhance Outdoor Adventures Safety

YANTAI, China, June 23, 2025 /PRNewswire/ -- As interest in hiking, mountaineering and camping continues to surge, outdoor enthusiasts face the perennial challenge of navigating...

Galapagos Appoints Aaron Cox as Chief Financial Officer

Former Horizon CFO joins Galapagos with deep expertise in international corporate finance, M&A, business development and strategic leadership 

Vooglam Brings Immersive Eyewear Experience to Electric Forest with Cult Vision Collection

AUSTIN, Texas, June 22, 2025 /PRNewswire/ -- Eyewear brand Vooglam will elevate festival style to new heights at Electric Forest, taking place from June...

Trinasolar Releases 2024 Sustainability Report Highlighting Circular Innovation, Low-carbon Manufacturing, and Social Impact

CHANGZHOU, China, June 23, 2025 /PRNewswire/ -- Trinasolar, a global leader in smart PV and energy storage solutions, has officially released its 2024 Sustainability...

DHL’s E-Commerce Trends Report 2025: AI and social media reshaping online shopping in Asia Pacific

Lack of delivery options is the number one conversion killer: 77% of shoppers in Asia Pacific abandon their carts when preferred delivery options are...

IASO Bio presents promising efficacy of Equecabtagene Autoleucel in patients with Multiple Sclerosis in IIT study at the 11th Congress of the European Academy...

SHANGHAI and NANJING, China and SAN FRANCISCO, June 22, 2025 /PRNewswire/ -- IASO Biotherapeutics ("IASO Bio"), a biopharmaceutical company focused on the discovery, development,...

Risen Energy Highlights Advancements in Green Manufacturing, Sustainable Development and Corporate Responsibility in 2024 ESG Report

NINGBO, China, June 23, 2025 /PRNewswire/ -- Risen Energy Co., Ltd. (SZSE: 300118), a globally leading renewable energy company, recently released its 2024 Environmental,...

Risen Energy Highlights Advancements in Green Manufacturing, Sustainable Development and Corporate Responsibility in 2024 ESG Report

NINGBO, China, June 22, 2025 /PRNewswire/ -- Risen Energy Co., Ltd. (SZSE: 300118), a globally leading renewable energy company, recently released its 2024 Environmental,...

Everest Medicines Announces Official Publication of the Specifications for Antimicrobial Susceptibility Testing of Eravacycline (2025)

SHANGHAI, June 23, 2025 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK, "Everest", or the "Company"), a biopharmaceutical company focused on the discovery, clinical development, manufacturing,...

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