Immuron prepares for diarrhoea-focused clinical trial as US FDA lifts clinical hold
Immuron, an Australia-based biopharmaceutical company, is slated to move forward with the clinical evaluation of a new oral therapeutic targeting Campylobacter and Enterotoxigenic Escherichia coli (ETEC) following approval from the US Food and Drug Administration (FDA).
Rio Tinto expands US production with new copper supply investment
Rio Tinto is strengthening its position in the US copper supply chain by investing in its Kennecott mine near Salt Lake City, Utah, through funding worth $498 million intended for the development of an area known as the North Rim Skarn (NRS).
Eurozone manufacturing PMI at 48.5 in February
The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.
Counter-UAS manufacturer DroneShield secures R&D contract with Five Eyes Defence Department
DroneShield has been awarded a two-year research and development (R&D) contract for $9.9 million by a Five Eyes Department of Defence (DoD), with approximately $4.5 million expected in the third and fourth quarters of 2023.
Dronamics taps Quickstep for manufacturing, delivery of Black Swan drones
Quickstep Holdings’ Aerostructures business has secured a contract to manufacture and deliver Black Swan unmanned cargo aircraft for Europe-based cargo drone airline Dronamics.
Amaero announces revised capital expenditure, EBITDA breakeven timeline
Amaero International, an ASX-listed company with manufacturing and corporate headquarters located in Tennessee, USA, has updated its financial guidance, revising key projections for capital expenditures and EBITDA breakeven timelines.
Global manufacturing performance sees four-year peak – JP Morgan
The global manufacturing sector has seen its strongest performance since June 2022, pushed by higher rates in output and new orders.
Manufacturing sector faces persistent challenges amid contraction – Ai Group
The latest Ai Group Australian Industry Index for June shows that the manufacturing sector remains in contraction, with the index rising 14.7 points to -25.6 points, marking 26 consecutive months of decline.
Quickstep to manufacture F-35 components for Northrop Grumman
Northrop Grumman has signed a six-year contract with Quickstep Holdings for the delivery of Australian-made components for the F-35 aerospace program.
Nutritional Growth Solutions expands US market presence through Walmart
Nutritional Growth Solutions, a global provider of pediatric nutritional products, is rolling out its new Happy Tummies supplement in Walmart stores across the United States, following the initial performance of its Kidz Protein products.
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Why manufacturers are embracing AI-powered smart supply chains
Manufacturers are facing an increasingly volatile environment, where rapid changes in demand, supply chain disruptions, and continued cost pressures are transforming the way products are planned, made, and delivered.
