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WuXi Biologics Successfully Completes First 16,000L Manufacturing Run in Ireland

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–  First manufacturing run successful for MFG7 facility at the Ireland site
–  Largest manufacturing scale to date achieved by combining four 4,000-liter single-use bioreactors

DUNDALK, Ireland, Jan. 31, 2024 /PRNewswire/ — WuXi Biologics (“WuXi Bio”) (2269.HK), a leading global Contract Research, Development and Manufacturing Organization (CRDMO), today announced that it has successfully completed the first manufacturing run at its drug substance facility MFG7, paving the way for large-scale commercial manufacturing projects at this Ireland site.

The manufacturing run reached 16,000-liter scale by combining four 4,000-liter single-use bioreactors. This pioneering paradigm marks not only the first successful manufacturing run for the MFG7 facility, but also the largest manufacturing scale for WuXi Biologics to date. The Cost of Goods (COGS) from this run is comparable to that of a 16,000-liter traditional stainless-steel bioreactor, reinforcing the comparable cost seen in over 100 runs at 12,000-liter scale single-use bioreactors (6×2,000-liter in MFG2 and MFG5 facilities; 3×4,000-liter in MFG5 and MFG8 facilities) compared with a traditional 12,000-liter stainless steel bioreactor.

Dr. Chris Chen, CEO of WuXi Biologics, commented, “We are excited to achieve this milestone for the Ireland facility. Once again it demonstrates that comparable COGS can be achieved by leveraging more ESG friendly single-use technologies. We look forward to supporting the development and manufacture of life-saving treatments for our global clients to benefit patients worldwide.”

The Ireland site of WuXi Biologics received the Facility of the Year Award (FOYA) in the Operations category from ISPE in 2023. It took only nine months from the start of operations to receive the first GMP certificate from the Irish Health Products Regulatory Authority (HPRA). The Ireland site also attained ISO 50001 (Energy Management), ISO 14001 (Environmental Management System), and ISO 45001 (Occupational Health and Safety Management System) certifications in December 2023.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.

With over 12,000 skilled employees in China, the United States, Ireland, Germany and Singapore, WuXi Biologics leverages its technologies and expertise to provide customers with efficient and cost-effective biologics discovery, development and manufacturing solutions. As of December 31, 2023, WuXi Biologics is supporting 698 integrated client projects, including 24 in commercial manufacturing.

WuXi Biologics views Environmental, Social, and Governance (ESG) responsibilities as an integral component of our ethos and business strategy, and we aim to become an ESG leader in the biologics CRDMO sector. Our facilities use next-generation biomanufacturing technologies and clean-energy sources. We have also established an ESG committee led by our CEO to steer the comprehensive ESG strategy and its implementation, enhancing our commitment to sustainability.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com.

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ASEAN+3 Economies to Sustain Growth at 4.2% in 2025 Despite Rising Headwinds from Escalating Trade Tensions

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SINGAPORE, Jan. 21, 2025 /PRNewswire/ — The ASEAN+3 Macroeconomic Research Office (AMRO) forecasts the ASEAN+3 region to grow at 4.2 percent in 2025, according to its latest quarterly update of the ASEAN+3 Regional Economic Outlook (AREO). While firm domestic demand and exports growth are expected to underpin regional growth, escalating trade tensions, including higher tariffs, may dampen external demand.

The ASEAN+3 region is on track to achieve a full-year growth of 4.2 percent in 2024, consistent with AMRO’s projection from October 2024. Growth in several ASEAN economies offset marginally weaker-than-expected performance in the Plus-3 economies (China; Hong Kong, China; Japan; and Korea). Meanwhile, headline inflation in the region moderated to 1.7 percent, returning to pre-pandemic levels as global energy and transport prices eased toward the end of 2024.

Growth is expected to be sustained at 4.2 percent in 2025, slightly below the 4.4 percent forecast in the October 2024 AREO Update. The downward revision reflects a new baseline assumption that the US will impose higher tariffs on China in the latter half of 2025. The impact of these tariffs is expected to weigh more heavily on the Plus-3 economies, which are now projected to grow by 4.0 percent in 2025. ASEAN economies are expected to be less affected, with the region projected to expand by 4.8 percent in 2025.

“The global tech upcycle bolstered ASEAN+3’s export performance in 2024, helping to offset weaknesses in domestic consumption in some parts of the region,” said AMRO Chief Economist Hoe Ee Khor. “However, rising trade tensions, particularly the imposition of higher US tariffs, could dampen external demand for the region and other parts of the world in the coming year.”

Price pressures across the ASEAN+3 region are expected to remain well-contained. Inflation—excluding Lao PDR and Myanmar—is expected to increase to 2.1 percent in 2025, driven by improving domestic demand and supply-side adjustments. However, inflation risks remain, stemming mainly from potential spikes in global commodity prices and adverse weather conditions.

The economic outlook for ASEAN+3, a region contributing to over 40 percent of global growth, is subject to significant uncertainties. These include escalating trade tensions and shifting expectations for US monetary policy. Recent US economic indicators, such as a persistently tight labor market and firmer core inflation, have fueled concerns about sustained inflationary pressures and prolonged high interest rates. Policy shifts by the new US administration, including higher tariffs and tax cuts, may further heighten inflation risks, tightening external financial conditions for the region.

“Many regional central banks have begun easing monetary policy amid declining inflationary pressures,” noted Dr. Khor. “However, the upward revision in US interest rate expectations could widen the divergence between US and regional interest rate paths, complicating the conduct of monetary policy for ASEAN+3 economies.”

Details of AMRO’s latest analysis can be found in the January AREO Update. The flagship AREO 2025 report, featuring thematic analysis and in-depth insights, will be launched in April 2025.

About AMRO

The ASEAN+3 Macroeconomic Research Office (AMRO) is an international organization established to contribute toward securing macroeconomic and financial stability of the ASEAN+3 region, comprising 10 members of the Association of Southeast Asian Nations (ASEAN) and China; Hong Kong, China; Japan; and Korea. AMRO’s mandate is to conduct macroeconomic surveillance, support regional financial arrangements, and provide technical assistance to the members. In addition, AMRO also serves as a regional knowledge hub and provides support to ASEAN+3 financial cooperation.

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Akkodis Named ‘Enterprise Innovator’ in HFS Horizons Sustainability Services, 2024 Report

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The study underscores Akkodis’ integration of AI across its sustainability solutions and the incorporation of diversity and inclusion into its business model as key differentiators.

ZURICH, Jan. 21, 2025 /PRNewswire/ — Akkodis, a global digital engineering company and Smart Industry leader, is delighted to announce that it has been named an ‘Enterprise Innovator’ in a report by HFS Research, a leading global research and analyst firm. The report titled, “HFS Horizons: Sustainability Services, 2024” examined 25 service providers across value propositions, innovation capabilities, GTM strategies, and market impact criteria.

 

 

After an analysis of service capabilities including advisory, frameworks, tools, and solutions as well as services through various delivery models, Akkodis was designated as Horizon 2 – “Enterprise Innovator”. Enterprise Innovators are not only recognized for delivering functional (primarily compliance based) transformation but also enterprise transformation, driving distinct sustainability services that link sustainability to all parts of an organization.

The report highlights market trends where emerging technologies are helping companies enhance data management, streamline ESG reporting, and implement net-zero strategies. It underscores Akkodis’ comprehensive sustainability offerings, which integrate technologies such as AI, GenAI, IoT, and blockchain, positioning these as key differentiators. The report also emphasizes the company’s strong focus on circular economy principles and extended producer responsibility, including resource reuse, recycling, and designing products for disassembly and longevity. Additionally, it notes how Akkodis has embedded diversity and inclusion into its business model, particularly in sectors like healthcare, manufacturing, and the gig economy.

The study also acknowledges Akkodis’ growth in sustainability services across industries such as energy, healthcare, manufacturing and financial services, its expansion of partnerships with firms such as Salesforce, Microsoft, and Siemens as well as its ability to offer tailored sustainability solutions, increasing its impact and expertise in this space.

Jan Gupta, President, Akkodis said, “This ranking reflects Akkodis’ expertise and advisory-led approach to sustainability. Our sustainability offerings deliver key outcomes, such as reduced lifecycle emissions, improved resource efficiency, CO2 tracking, and better regulatory compliance. He continued, “At Akkodis, we believe ‘Tech for Good’ is essential, and that the Smart Industry transformation must be a driver of sustainable transformation. Smart Industry can serve as a powerful change agent, bridging the digital divide and fostering a more inclusive world. Our clients trust us to innovate with purpose, helping them make a positive impact on both the planet and society.”

Josh Matthews, Practice Leader for Sustainability, HFS Research, said, “Akkodis is carving a path for technology-driven sustainability. It embeds circular economy principles with data-driven strategies and a blueprint of technologies such as blockchain, AI, and IoT into the product lifecycle.” Nandini Tare, Associate Practice Leader, HFS Research, added: “Akkodis optimizes and integrates sustainability in every phase of the value chain across industries. This allows the company to empower enterprises and industries to have a scalable impact on their ESG commitments.” 

Learn more about Sustainability at Akkodis on https://www.akkodis.com/en/about/sustainability.

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Media contacts

Anne Friedrich
SVP, Global Head of Communications, Akkodis
E. anne.friedrich@akkodis.com

Lisa Bushka
VP, External Communications, Akkodis
E. lisa.bushka@adeccogroup.com

About Akkodis 

Akkodis is a global digital engineering company and Smart Industry leader. We enable clients to advance in their digital transformation with Consulting, Solutions, Talent, and Academy services. Headquartered in Switzerland and part of the Adecco Group, Akkodis is a trusted tech partner to the world’s industries. We co-create and pioneer solutions that help to solve major challenges, from accelerating the clean energy transition and green mobility, to improving user and patient centricity. Empowered by a culture of inclusion and diversity, our 50,000 tech experts across 30 countries combine best-in-class technologies and cross industry knowledge to drive purposeful innovation for a more sustainable tomorrow. We are passionate about Engineering a Smarter Future Together. akkodis.com | LinkedIn | Instagram | Facebook | X 

About the Adecco Group

The Adecco Group is the world’s leading talent company. Our purpose is making the future work for everyone. Through our three global business units – Adecco, Akkodis and LHH – across 60 countries, we enable sustainable and lifelong employability for individuals, deliver digital and engineering solutions to power the Smart Industry transformation and empower organisations to optimise their workforces. The Adecco Group leads by example and is committed to an inclusive culture, fostering sustainable employability, and supporting resilient economies and communities. The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN). www.adeccogroup.com

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Global Supply Chains Forced to Change Rapidly As World Trade Enters New Era According to Economist Impact and DP World

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Non-aligned nations fast emerging as vital intermediaries in mitigating trade risks, filling gaps created by global conflicts

DAVOS, Switzerland, Jan. 21, 2025 /PRNewswire/ — Three quarters of businesses worldwide are overhauling their supply chains by working with more rather than fewer suppliers to mitigate risks in an increasingly fragmented global environment.

Research unveiled by Economist Impact and DP World at the World Economic Forum highlights this strategic pivot, driven by geopolitical uncertainty which is likely to grow with the ‘America first’ policies of the new administration in the United States. 

The fifth annual Trade in Transition study surveyed over 3,500 supply chain executives across the world. The findings reveal firms are being forced to adapt at speed to rising protectionism and shifting geopolitical alliances.

Countries perceived to be non-aligned, such as Vietnam, Mexico, India, the UAE or Brazil, are emerging as vital trade hubs. A significant 71% of executives agree these countries mitigate trade risks, while 69% view them as critical for addressing gaps created by global conflicts.

Around 40% of firms are increasing their US-based sourcing and a further 32% are adopting dual supply chains to mitigate against geopolitical risks. Friendshoring—relocating supply chains to politically aligned countries—complements these strategies, with about 34% of businesses pursuing this approach to navigate tensions between global powers.

Economic challenges remain a priority, with 33% of executives citing prolonged inflation and high interest rates as chief concerns. By leveraging neutral hubs, diversifying suppliers and adopting advanced technologies like AI, businesses are better positioned to navigate this era of economic and geopolitical complexity.

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Speaking at the launch of the report at the World Economic Forum in Davos today, DP World Group Chairman and CEO Sultan Ahmed bin Sulayem, said:

“Global trade today is more complex than ever, demanding agility, resilience, and innovation. At DP World, we empower businesses with the global infrastructure, local expertise, and advanced technology needed to thrive in this evolving landscape across fragmented markets. The latest research by Economist Impact provides invaluable insights into the future of trade in this new era. With it, we aim to foster dialogue, innovation, and resilience within the global supply chain ecosystem, empowering businesses to adapt and thrive in an increasingly dynamic world.”

John Ferguson, Global Lead, New Globalisation, Economist Impact, added:

“In 2025 and the foreseeable future, global trade will be shaped by three forces: shifting geopolitics, climate change, and a new wave of AI and automation. Yet, businesses are not retreating from international trade but are stepping up to the challenge. Firms that stay agile and cost-efficient will have the edge. Firms that also combine risk management with AI experimentation and openness will be best placed to win in this new chapter of globalisation.”      

Discover actionable insights and detailed strategies for thriving in the evolving global trade landscape. Click here to view the full report.

KEY INSIGHTS FROM TRADE IN TRANSITION 2025

Metric

Percentage

Notes

Businesses diversifying supplier bases

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75 %

 

Spreading risk and increasing resilience by

working with more partners

Neutral hubs as stability anchors

 

71 %

 

Examples of Vietnam, Mexico, India, UAE, and
Brazil

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Neutral countries filling trade conflict gaps

 

69 %

 

Cited as critical for mitigating geopolitical risks

 

Increased US-based sourcing

 

40 %

 

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Adapting to a Republican-led administration

 

Dual supply chain adoption on the rise

 

32 %

 

Mitigates region-specific risks

 

Rising friendshoring adoption

 

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34 %

 

Reducing exposure to great-power rivalries

 

Chief concern: prolonged inflation and rates

33 %

 

Economic pressure remains a key issue

Source : Economist Impact

 

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For media enquiries, please contact:

 

Adal Mirza

Group Vice President

Adal.mirza@dpworld.com

+971 50 628 7856

Hakam Kherallah

Group Senior Manager

Hakam.Kherallah@dpworld.com

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+971 50 552 2610

Follow DP World on:

X (Twitter): https://twitter.com/DP_World

LinkedIn: https://www.linkedin.com/company/dp-world

About DP World

DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 100,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer’s door.

WE MAKE TRADE FLOW

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