A favourable US FDA inspection at Medichem’s subsidiary Combino Pharm’s plant in Malta has opened the door to the commercialisation of solid oral dosage forms in the US for the Medichem group.

The latest FDA clearance of the Malta FDF facility of the Medichem group follows six consecutive positive reports without observations about the company’s premises for API manufacturing in Spain and two previous inspections, also without any observations, of the company’s API manufacturing plant located in Malta.

Following the positive outcome of the audit, all Medichem’s European manufacturing sites for Finished Dosage Forms (FDFs) and Active Pharmaceutical Ingredients (APIs) are now FDA inspected. This extends the scope of the company’s FDF business to the US.

Medichem has been manufacturing APIs for the US market since the 1980s and, today boasts a portfolio of over 40 products with US scope.

Strategic alliance between market researchers

Esprimi, Business Leaders Malta’s market research arm, has signed a strategic alliance with Informa Consultants.

“Rather than fighting for the same market share we are building strategic partnerships, thus growing our company based on collaboration rather than cutthroat competition” said Morgan Parnis, CEO of Business Leaders and founder of Esprimi.

“After exploring different options, collaborating with Esprimi was definitely the best way forward,” Clive Falzon, director at Informa Consultants, said.

Samsung partners with Visa

Samsung Electronics has announced a strategic partnership with Visa to help bring Samsung Pay to online merchants. Starting later this year, Samsung Pay users will be able to shop online at hundreds of thousands of merchants around the world where Visa Checkout is accepted.

Samsung Pay uses fingerprint authentication, eliminating the lengthy process of customers having to add their payment card data, billing or shipping details each time they shop. Users with fingerprint authentication-enabled Samsung devices will be able to click the Visa Checkout/Samsung Pay co-branded button and touch the fingerprint sensor and the payment will proceed instantly, without needing to enter a user name and password for each purchase.

“The days of filling out long forms or remembering usernames to make online purchases are continuing to wind down,” said Jim McCarthy, executive vice president, innovation and strategic partnerships, Visa Inc.”

Chamber and HSBC renew agreement

The Malta Chamber of Commerce, Enterprise and Industry and HSBC Bank Malta once again agreed to collaborate to promote enterprise by renewing their gold partnership agreement.

The Gold partnership agreement enables the parties to collaborate exclusively on a number of projects aimed at promoting entrepreneurship and helping businesses internationalise.

The agreement has a duration of two years.

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