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According to Interact Analysis, the global market for collaborative robots (cobots) will exceed $1 billion in revenues in 2023, despite a slower than expected recovery in overall demand following the pandemic, according to new data from Interact Analysis. Looking ahead, the market intelligence specialist predicts that...

With a new investment commitment of $5.3 billion, Eli Lilly plans to more than double its investment in the Lebanon production site in the US state of Indiana. This expansion is intended to significantly increase production capacity for active pharmaceutical ingredients (API) for two drugs currently in high demand for...

Sanofi, Formation Bio and OpenAI are collaborating to build AI-powered software to accelerate drug development and bring new medicines to patients more efficiently. The three teams will bring together data, software and tuned models to develop custom, purpose-built solutions across the drug development lifecycle. This...

Songwon Industrial has signed the Antwerp Declaration for a European Industrial Deal. Together with 1000 industrial signatories representing 25 sectors across Europe, the producer of polymer stabilisers and a global player in specialty chemicals will strengthen the competitiveness, sustainability and resilience of...