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Dag Teigland will become CEO of Elkem effective 3 August 2026. Teigland has over two decades of industrial and investment experience and currently serves as executive chairman of Tekna Holding ASA. He previously held several leadership roles at Elkem between 1998 and 2002, most recently as managing director of the business area chrome.
The biotech has entered into a licensing and collaboration agreement with Swedish company AlzeCure Pharma for rights to the latter’s Alzheimer’s platform NeuroRestore, including the leading drug candidate ACD856. QuantumCell is paying only $12m upfront, but a tail-heavy weighting to the deal with milestone payments means the total transaction could exceed $2.2bn.
AI is becoming embedded across ingredient R&D, helping developers analyze complex datasets, model multiple formulation variables, and accelerate “first time right” innovation. Companies are using AI to turn consumer and customer signals into more targeted product development, while supporting sustainability through predictive food safety and carbon-impact modeling.
Bobst has updated its Masterfold 170, 230, and 300 folder-gluers for corrugated board converting with improved safety, connectivity, and production efficiency. The machines are now connected to Bobst Connect, allowing remote job setup and faster changeovers. Bobst says setup times can be reduced by up to 20 minutes, helping converters manage shorter deadlines.