Neogen Chemicals reports surge in total income for fiscal year 2023

Neogen Chemicals reports surge in total income for fiscal year 2023

India-based specialty chemicals manufacturer, Neogen Chemicals Limited, has disclosed its consolidated financial results for the fiscal year ending March 31, 2023, revealing significant increases in total income and net profit compared to the previous year. The company’s total income increased from Rs. 488.32 crores in the fiscal year 2022 to Rs. 690.63 crores in the […]

Neogen Chemicals to acquire N Butyl Lithium manufacturer BuLi Chem

Neogen Chemicals to acquire N Butyl Lithium manufacturer BuLi Chem

Neogen Chemicals, an Indian bromine, lithium-based specialty chemicals and advanced intermediates manufacturer, has agreed to acquire BuLi Chemicals India (BuLi Chem) from Livent, a US-based chemical manufacturer. The financial terms of the deal were not disclosed. BuLi Chem has a proprietary technology for manufacturing N Butyl Lithium and other organolithium products using lithium metal, which […]

AstraZeneca closes acquisition of cell therapy company Neogene Therapeutics

AstraZeneca closes acquisition of cell therapy company Neogene Therapeutics

Pharma giant AstraZeneca has closed the previously announced acquisition of Neogene Therapeutics, a US-based clinical-stage biotechnology company. Neogene Therapeutics is engaged in the discovery, development, and manufacturing of next-generation T-cell receptor therapies (TCR-Ts). AstraZeneca announced the deal to acquire the cell therapy company in November 2022 and offered a consideration of up to $320 million. […]

Neogen acquires Italian food safety company Diessechem

Neogen acquires Italian food safety company Diessechem

Neogen acquisition of Diessechem : Michigan-based food safety company Neogen has acquired Diessechem, an Italian distributor of food and feed safety diagnostics, for an undisclosed price. Ever since Diessechem was established in 1993, it has been an authorized distributor of the food safety company. Diessechem is a supplier of diagnostic kits and instruments that are […]