Industry News

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Johnson & Johnson consolidates medtech brands under single banner - Going forward, the conglomerate’s Ethicon, DePuy Synthes, Biosense Webster, Abiomed and Cerenovus marques will all operate under the name Johnson & Johnson MedTech.
https://www.fiercebiotech.com/medtech/johnson-johnson-consolidates-medtech-brands-under-single-banner

Schneider Electric to invest £42m in new manufacturing site in North Yorkshire - Schneider Electric is investing £42m in a new manufacturing facility in Scarborough, North Yorkshire. More than 200 jobs will be created to meet the increased demand for electrical equipment to drive the UK’s move to cleaner energy including renewable energy sources, electric vehicles, and intelligent, energy-efficient buildings.
https://www.themanufacturer.com/articles/schneider-electric-to-invest-42m-in-new-manufacturing-site-in-north-yorkshire

Molex to acquire Vectura Group Limited, expanding drug delivery capabilities in inhalation - Pharmaceutical customers and patients to benefit from the combined design, development and manufacturing services of Vectura and Phillips Medisize.
https://pharmaceuticalmanufacturer.media/pharma-manufacturing-news/drug-delivery-news/molex-to-acquire-vectura-group-limited-expanding-drug-delivery-capabilities-in-inhalation/

UK Manufacturing slips to 12th in rankings - Britain’s manufacturing sector has dropped out of the top 10 for the first time.
https://teng.mydigitalpublication.co.uk/publication page 10.

UK unveils plans to plug up to $527M into clinical trials, manufacturing and more - Amid a years long clinical trial decline in the U.K., a new public-private partnership named The Voluntary Scheme for Branded Medicine Pricing, Access and Growth (VPAG) investment program, has emerged in efforts to reinvigorate the country’s pharmaceutical testing prowess.
https://www.fiercebiotech.com/biotech/uk-unveils-new-investment-program-plans-plug-ps400m-clinical-trials-manufacturing-and-more