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Korean firm bids CHF1.5bn for Swiss pharma supplier Polypeptide
2026-07-20
The South Korean contract biopharmaceutical manufacturer Samsung Biologics intends to acquire the Swiss active pharmaceutical ingredient manufacturer Polypeptide. The company is offering CHF44.31 per share in cash, valuing Polypeptide at around CHF1.5 billion. Polypeptide’s board of directors supports the offer, both companies announced on Monday. The major shareholder, Draupnir Holding, which holds just under 56% …
Swiss rail firm Stadler to deliver 21 trams to US
2026-07-16
Swiss railway equipment manufacturer Stadler has agreed to deliver 21 trams to the Texan operator Austin Transit Partnership (ATP), with an option for a further 19 trams. The Citylink-type trams, which can carry 240 passengers, will be built at Stadler’s United States factory in Salt Lake City, the Thurgau-based group said in a statement on …
How the Hormuz crisis is reshaping global trade
2026-07-10
Commercial shipping had only just begun returning to the Strait of Hormuz after a memorandum of understanding signed between the US and Iran in mid-June raised hopes of de-escalation. But those hopes have now evaporated with the return of direct military confrontation, reigniting fears about the world’s most important energy chokepoint. For governments and businesses, …
Switzerland and Mexico to update free trade agreement
2026-07-09
The free trade agreement (FTA) between Mexico and European Free Trade Association (EFTA) states, including Switzerland, is to be updated. This was confirmed by Swiss economics minister Guy Parmelin and his Mexican counterpart, Claudia Sheinbaum, in Mexico City. This EFTA-Mexico FTA is now 25 years old. Mexico is Switzerland’s second most important trading partner in …
Novartis feels heat from copycat drugs
2026-04-28
Novartis has felt the dampening effect of generic drugs at the start of the year. Nevertheless, management confirmed its previous outlook for the further course of business. + Get the most important news from Switzerland in your inbox Turnover for the first quarter totalled $13.1 billion, a decrease of 1% compared to the same period …
Switzerland’s global trade falls off at start of year
2026-04-22
Swiss exports and imports declined in the first quarter of the year. The chemical and pharmaceutical sectors and exports to the United States were hardest hit. +Get the most important news from Switzerland in your inbox Exports fell by 4.2% in the first three months of the year compared to the previous quarter, reaching CHF66.94 …
From e-cigarettes to lab devices: surprising facts about Swiss patents
2026-04-15
Switzerland is the most innovative country in Europe in terms of patents, according to statistics from the European Patent Office (EPO) in Munich. Swiss companies, researchers and developers registered 9,914 patents last year – more per capita than anywhere else. Here are the five most exciting points about the new statistics. 1 Roche beats Novartis …
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