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Tessa buys Euchloe for suite of checkpoint inhibitors

March 23, 2017

Tessa Therapeutics has bought Euchloe Bio for its suite of checkpoint inhibitors. The takeover gives Tessa antibodies against PD-1, PD-L1, CTLA-4 and other targets that it sees complementing its own virus-specific T cells. Euchloe spun out of A*STAR’s Singapore Immunology Network last year, only to..

BioLineRx buys Agalimmune to expand cancer pipeline

March 23, 2017

BioLineRx has bought Agalimmune to expand its immuno-oncology pipeline. The takeover adds the synthetic alpha-gal immunotherapy AGI-134 to BioLineRx’s pipeline as the drug nears the start of a first-in-human trial in solid tumors. Tel Aviv, Israel-based BioLineRx is paying $6 million (€5.6 million) upfront—split evenly..

Stahl acquires BASF Leather Chemicals business

March 23, 2017

On March 23 2017 Stahl announced that it signed an agreement with BASF to acquire its Leather Chemicals assets, which is part of BASF Performance Chemicals Division. BASF will receive 16% of the equity of Stahl, which is a leading company in process chemicals for..

Huntsman to close titanium dioxide facility in France

March 23, 2017

US-based Huntsman is planning to close its titanium dioxide (TiO2) manufacturing facility in Calais, France, by the third quarter of this year. As part of the plan, the white end finishing and packaging operation of the Calais TiO2 facility will shut down, leading to the..

6 changes your company must make to develop more female leaders

March 23, 2017

The most recent allegations of sexual harassment by management and subsequent apathy by HR at hot tech startup Uber have once again brought to the fore the lack of progress we’ve made in gender equality. What Susan Fowler’s story highlights is that not only do..

Amgen to open Tampa center, creating up to 450 jobs

March 23, 2017

Biotechnology giant Amgen is opening a facility in Tampa this October with promises to create as many as 450 jobs here by 2018. The facility will be primarily back-office operations spanning four floors of Corporate Center One in Tampa, which neighbors Tampa International Airport to..

H.B. Fuller expands capabilities in Pune, India

March 22, 2017

H.B. Fuller has officially opened its new Pune, India, business office and a new R&D center in its Shirwal, India manufacturing facility. The facilities were inaugurated by Jim Owens, president and chief executive officer, on March 18 and 19, marking the conclusion of its first..

Shareholders urge Akzo to negotiate with suitor PPG

March 22, 2017

Shareholders piled pressure on Dutch paint maker Akzo Nobel to open talks with U.S. rival PPG Industries on Wednesday after Akzo rejected a revised 22.7 billion euro takeover offer as too low, too risky and a bad fit culturally. With Akzo insisting that the interests..

How to retain employees through ‘servant’ leadership

March 22, 2017

The term “servant leadership” was coined nearly 50 years ago in an essay written by Robert K. Greenleaf; and since then, the business world has slowly but surely embraced this concept of empathy in leadership. Over the past few years, we’ve seen top-notch companies like..

Croatia’s Agrokor secures loans from Sberbank -report

March 22, 2017

Croatian food group Agrokor, which is under government pressure to clear up its debt problems, has secured a 300 million euro ($323 million) loan from Russia’s Sberbank, one of its creditors, local media reported. Agrokor is Croatia’s biggest private company and the prime minister said..