U.S. President, Donald Trump, recently nominated Scott Gottlieb, a doctor, for the position of FDA commissioner, a nomination that most are happy about. According to news reports Gottlieb has a close relationship with the pharma industry as well as ties to Wall Street. Gottlieb is no stranger to the FDA either, having served under President George W. Bush as deputy …
Pharma News – Grail Funding Efforts In Cancer Screening Test
In January of 2016, gene-sequencing giant Illumina created Grail, a startup focused on raising money to develop a blood test that screens for cancer and works proactively. Recent pharma news reports say the startup has reached an amount greater than $900 million, and is pulling in some of the biggest players in the tech, healthcare, and pharmaceutical industries. Some of …
Pharma Packaging – Cannabis Packaging Efforts Draw Interest
Nancy Warner, CEO at Assurpack LLC with more than 30 years of packaging experience and expertise in child resistant packaging, recently began a packaging firm dedicated to providing cannabis-infused product manufacturers with packaging solutions. Having worked in the pharmaceutical industry after attending Michigan State, where she earned a B.S. degree in Package Engineering, Warner became interested in packaging solutions for …
Packaging Printers – Private Equity Firm Invests In Cookie Manufacturer
Recently it was announced that Riverside Company, a United States based worldwide private equity firm, had invested in Mississauga, Ontario based Nustef Foods, makers of Italian-inspired pizzelle waffle cookies and artisan crackers, under the Reko brand. While the terms of the investment remain unknown, Riverside Company is focused on the potential to expand what the company describes as the “fast-growing …
What Are Major Factors Driving Growth In Pharmaceutical Packaging?
The newest AMR report, “Pharmaceutical Packaging Market by Product Type: Global Opportunity Analysis and Industry Forecast, 2014-2022” reveals that despite the difficult challenge in predicting the future of pharmaceutical packaging on a global scale, the market is expected to increase to nearly $105,000 million by 2022. In 2015, the pharmaceutical packaging market was valued at $68,749 million according to the …