GE Healthcare Subsidiary to Build KUBio Factory in China and 2 Other Dow Movers to Watch
General Electric Co. (NYSE:GE): Current price $24.41
GE Healthcare’s GE Healthcare Life Sciences and JHL Biotech, which provides biopharmaceutical process development and manufacturing services, announced that a KUBio modular biopharmaceutical factory will be constructed in China for JHL Biotech. The location for the new facility, which is expected to be fully operational by early 2015, is the Biolake Science Park in Wuhan. GE Healthcare’s innovative turnkey approach will entail the assembly at the JHL Biotech site of pre-made modules equipped with GE Healthcare’s technologies for the start-to-finish manufacture of biopharmaceuticals.
Merck & Co. Inc. (NYSE:MRK): Current price $47.96
Merck’s subsidiary Merck Consumer Care, a subsidiary of Merck, said that Oxytrol For Women is now available across the United States. The firm licensed the exclusive rights to market, distribute and sell the drug domestically as an OTC treatment for OAB from Actavis.
E.I. DuPont de Nemours & Co. (NYSE:DD): Current price $59.63
DuPont has been named to the Carbon Disclosure Project’s S&P 500 Carbon Performance Leadership Index, CPLI, and Carbon Disclosure Leadership Index, CDLI, earning a score of 96 for its disclosure of information connected with climate change risks and opportunities and an “A” for its emission reduction performance. Additionally, DuPont was recently named to the North America Dow Jones Sustainability Index, DJSI, and the CDP Global 500 Carbon Performance Leadership Index as well.