Latest News

Coca-Cola won’t rule out further acquisitions or move into alcohol

November 17, 2017

Coca-Cola won’t rule out future bolt-on acquisitions or expansion into alcohol, though the latter “doesn’t make sense” at this moment in time, according to CEO James Quincey. Quincey was talking to broadcaster CNBC at Coca-Cola’s first investor day for eight years, in which the soft..

FDA lays out cell therapy fast track in regenerative medicine framework

November 17, 2017

The FDA has created a policy framework for cellular therapies and other regenerative medicines by releasing two draft and two final guidance documents. Publication of the texts builds on the 21st Century Cures Act by setting criteria for the new Regenerative Medicine Advanced Therapy (RMAT)..

Tronox names Jeffry N. Quinn as CEO

November 17, 2017

Tronox Limited announced today that its board of directors has appointed Jeffry N. Quinn as president and chief executive officer, effective December 1, 2017. Quinn has served as a member of the company’s board of directors since 2011, and will continue in that position. Quinn..

Bunge restructures operations into regions from business units

November 17, 2017

U.S. agricultural giant Bunge Ltd said on Wednesday it would reshuffle its business structure from five operating units to three regions – North America, South America, and Europe and Asia. Todd Bastean will be president of North America, Pierre Mauger for Europe and Asia, and..

Shanghai Pharma buys US Cardinal Health’s China business for $557 million

November 16, 2017

Shanghai Pharmaceuticals has agreed to buy Cardinal Health’s China drug distribution business for $557 million, winning a highly competitive auction in a move that will greatly expand its presence nationwide. The deal will also help Shanghai Pharma, China’s third-largest drug distributor, become a leading importer..

Four pathways to authentic leadership

November 16, 2017

I’m not at all pleased to report this, but even the good ol’ word leadership has become something of a buzzword — a term people bandy about without considering its deeper implications. It’s the same thing that’s happened with words like creativity, innovation and disruption…

Brexit uncertainty may deter chemical investment in Europe – Huntsman CEO

November 16, 2017

Brexit uncertainties could force companies to look outside Europe for future investments, the CEO of US chemical major Huntsman said on Thursday. Peter Huntsman said that the impact of the UK’s departure from the 28-country EU might not be felt for five years. The CEO..

Orkla offloads its K-Salat range to focus on other brands

November 16, 2017

Orkla Foods Danmark has entered into an agreement with Stryhns A/S to sell its K-Salat line as it aims to concentrate on fewer categories. The agreement concerns the 100% divestment of K-Salat, which has a product portfolio of salad spreads, mayonnaise, remoulade, dressings and potato..

French food sector signs charter for “fairer” future

November 16, 2017

Farm co-operatives, industrial groups, retailers and trade bodies in France have signed a state-brokered charter pledging their commitment to a food sector that is more sustainable, equitable and safer. The agreement embodies the main principles of an ambitious ‘farm-to-fork’ reform programme launched by France’s President,..

Bayer hires new blood to stem ‘Amazon effect’ in consumer health

November 16, 2017

German drugmaker Bayer has hired the head of Nestle’s baby food business to help it reverse a drop in revenue from consumer health brands, which often fail to appeal to buyers on Amazon and other online platforms. Bayer has appointed Nestle’s Heiko Schipper, 48, to..