Investment, Funding & Disinvestments

The Slovenská Ľupča site will support Evonik’s contract development and manufacturing organization (CDMO) services within its drug substance business.

Spread across approximately 20,000 square metres, the plant is equipped with automated production lines and advanced quality control laboratories built to international pharmaceutical standards.

The Illinois-based drugmaker said the new campus will span 185 acres near Research Triangle Park, one of the country’s leading life sciences clusters.

Hyperbaric Oxygen Therapy works by delivering pure oxygen in a pressurized chamber, helping the body repair damaged tissues more efficiently.

Speaking at the Hospital Show Conference in Sandton, experts from regulation, academia, and hospital management examined persistent challenges and practical opportunities for reform.

AI Platform Accelerates Development Timeline
The team developed ISM0387 using Insilico Medicine’s Chemistry42 platform, which integrates more than 40 generative AI models to analyse complex biological and chemical data.

The NextAR Shoulder application forms part of Medacta’s broader NextAR Augmented Reality Surgical Platform, which supports multiple applications across joint replacement and spine surgery.

The new Computational Innovation site will focus on using advanced data science to better understand disease biology and identify biological mechanisms with a higher likelihood of success in drug development.

The partnership aligns with Africa CDC’s Health Security and Sovereignty Agenda, which seeks to help African countries build stronger systems that can prevent, detect, and respond to disease threats while reducing reliance on external support.

Peak XV Partners leads investment round, with participation from Define Ventures and previous backers.