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WITH LAWSUITS LOOMING, OXYCONTIN MAKER CONSIDERS BANKRUPTCY

Purdue Pharma | March 14, 2019

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The company that has made billions selling the prescription painkiller OxyContin said Wednesday that it is considering legal options including bankruptcy, a move that could upend hundreds of lawsuits claiming it had a major role in causing the U.S. opioid drug crisis. As the company has stated, it is exploring and preparing for any number of eventualities and options, given the amount of litigation the company currently faces, Purdue Pharma spokesman Robert Josephson said in an email to T...

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GLOBALFOUNDRIES USES PTC AUGMENTED REALITY TO TRANSFORM CHIP MANUFACTURING

VentureBeat | July 30, 2019

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PTC has been making its augmented reality Vuforia solutions for a while, and today it is announcing a big deal: Chip manufacturing giant GlobalFoundries has selected PTC to provide AR solutions to transform its training for chip manufacturing workers. Santa Clara, California-based GlobalFoundries will deploy AR headsets and software using Boston-based PTC‘s Vuforia software, which can do things like superimpose animations on AR glasses so that a worker can see precisely which valve to turn...

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KEPPEL OFFSHORE & MARINE RECEIVES LLOYD'S REGISTER CERTIFICATION TO 3D PRINT OFFSHORE GRADE STEEL PARTS

Keppel Offshore & Marine, Lloyd's Register | January 14, 2020

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Keppel Offshore & Marine has received Lloyd’s Register LR Certification to additively manufacture offshore grade steel with a 3D printing technology from Singapore Institute of Manufacturing Technology SIMTech. The certification was granted after assessing Keppel O&M’s production processes, from design to post-processing and testing. Partnering with Nanyang Technological University, Singapore NTU Singapore and SIMTech’s Agency for Science, Technology and Research A*STAR...

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BRISTOL-MYERS OFFLOADS MANUFACTURING PLANT TO CATALENT

Outsourcing-Pharma.com | January 13, 2020

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BMS and Catalent disclosed the deal for the site in June, at which time they hoped to work through the regulatory approvals and union consultations needed to close the transaction by the end of the year. One week into 2020, Bristol-Myers revealed it had closed the deal. The deal covers a 19,300-square-meter manufacturing facility in Anagni, a town in central Italy, that lists cardiovascular, neuroleptics, anticancer, metabolic and anti-inflammatory medicines among the drugs it makes and packages...

Read More
news image

WITH LAWSUITS LOOMING, OXYCONTIN MAKER CONSIDERS BANKRUPTCY

Purdue Pharma | March 14, 2019

The company that has made billions selling the prescription painkiller OxyContin said Wednesday that it is considering legal options including bankruptcy, a move that could upend hundreds of lawsuits claiming it had a major role in causing the U.S. opioid drug crisis. As the company has stated, it is exploring and preparing for any number of eventualities and options, given the amount of litigation the company currently faces, Purdue Pharma spokesman Robert Josephson said in an email to T...

Read More
news image

GLOBALFOUNDRIES USES PTC AUGMENTED REALITY TO TRANSFORM CHIP MANUFACTURING

VentureBeat | July 30, 2019

PTC has been making its augmented reality Vuforia solutions for a while, and today it is announcing a big deal: Chip manufacturing giant GlobalFoundries has selected PTC to provide AR solutions to transform its training for chip manufacturing workers. Santa Clara, California-based GlobalFoundries will deploy AR headsets and software using Boston-based PTC‘s Vuforia software, which can do things like superimpose animations on AR glasses so that a worker can see precisely which valve to turn...

Read More
news image

KEPPEL OFFSHORE & MARINE RECEIVES LLOYD'S REGISTER CERTIFICATION TO 3D PRINT OFFSHORE GRADE STEEL PARTS

Keppel Offshore & Marine, Lloyd's Register | January 14, 2020

Keppel Offshore & Marine has received Lloyd’s Register LR Certification to additively manufacture offshore grade steel with a 3D printing technology from Singapore Institute of Manufacturing Technology SIMTech. The certification was granted after assessing Keppel O&M’s production processes, from design to post-processing and testing. Partnering with Nanyang Technological University, Singapore NTU Singapore and SIMTech’s Agency for Science, Technology and Research A*STAR...

Read More
news image

BRISTOL-MYERS OFFLOADS MANUFACTURING PLANT TO CATALENT

Outsourcing-Pharma.com | January 13, 2020

BMS and Catalent disclosed the deal for the site in June, at which time they hoped to work through the regulatory approvals and union consultations needed to close the transaction by the end of the year. One week into 2020, Bristol-Myers revealed it had closed the deal. The deal covers a 19,300-square-meter manufacturing facility in Anagni, a town in central Italy, that lists cardiovascular, neuroleptics, anticancer, metabolic and anti-inflammatory medicines among the drugs it makes and packages...

Read More