Tag: Pharmaceutical manufacturing

Australia asks EU to stop blocking vaccine exports

BRUSSELS — Australia is seeking assurances from the European Union’s executive arm that future shipments of vaccines will not be blocked, after Italy banned a large export of the AstraZeneca coronavirus shots. The shipment to Australia of more than a quarter-million doses was blocked from leaving the 27-nation bloc — the first use of an

Bayer sells Dr. Scholl’s foot care business to Boston firm

German pharmaceutical and chemical company Bayer AG says U.S. investment firm Yellow Wood Partners will buy its Dr. Scholl’s foot care business for $585 million. Bayer said Monday that the sale will enable it to “focus on building its core over-the-counter brands.” It said that Yellow Wood Partners, based in Boston, will create a stand-alone