Volvo has announced that it will no longer seek to sell only fully electric cars by 2030, a goal it set in 2021. Instead, the manufacturer will strive for 90 to 100 percent of its global sales to be electric or plug-in hybrid by that date, which is more likely to be attained. The change in direction is attributable to slower than expected development of charging infrastructure, slower consumer adoption, a turbulent economy, and the withdrawal of government incentives in some markets, but there is still a firm belief that electric is the...

Cambrex, leading contract development and manufacturing organization (CDMO) that provides drug substance development and manufacturing, has announced that one of its companies, Snapdragon Chemistry, a specialist in active pharmaceutical ingredient (API) batch and continuous flow process development, has successfully developed a new liquid-phase peptide synthesis (LPPS) technology. The technology, according to a press release, “utilizes traditional active pharmaceutical ingredient (API) batch reactors and continuous flow, obviating the...

Eli Lilly (LLY), an Indianapolis-based company that is recognized for its recently approved Alzheimer’s drug Kisunla, weight loss drug Zepbound and diabetes medication Mounjaro, has announced plans to spend $1.8 billion to expand its pharmaceutical manufacturing facilities in Ireland to meet growing global demand. Of the $1.8 billion, $1 billion will be used to expand its existing facility in Limerick dedicated to manufacturing its Alzheimer’s treatment, which was approved in July and slows the progression of the disease in the early stages....

Electra Battery Materials, a Canadian multinational corporation engaged in mining and refining raw materials for electric batteries, has secured a $20 million loan from the United States Department of Defense (DOD) for its Temiskaming cobalt sulfate refinery project, funds that will be used to support the construction and decommissioning of North America’s only refinery of its kind capable of producing battery-grade materials for the growing lithium-ion battery market. As it stands, 80 percent of the global supply of battery-grade cobalt is...

A deadly listeria outbreak has resulted in the regretful decision by Boar’s Head to shutter its plant in Jarratt, Virginia where it produces liverwurst, a product that has been linked to the deaths of at least nine people and the hospitalization of 50 others across 18 states. The facility has been closed since late July when more than seven million pounds of deli meats and other products were recalled after tests confirmed the presence of listeria. The outbreak was caused by contamination that resulted from a specific production process used...