Sonoco ThermoSafe, a unit of Sonoco and the leading global provider of temperature assurance packaging for life sciences and healthcare, announced that its new Pegasus ULD® bulk temperature controlled container has received FAA (Federal Aviation Administration) approval as a unit load device (ULD). The Pegasus ULD® is the world’s first passive bulk temperature-controlled container for pharmaceutical use that is an FAA-approved unit load device, which allows it to speed through existing international ground handling and customs processes at the lowest possible cost. FAA approval officially enables reciprocal EASA (European Aviation Safety Agency) approval, which is anticipated in the very near future.
AptarGroup, Inc. (NYSE:ATR), a global leader in drug delivery, consumer product dispensing and active material science solutions, today reported third quarter results for 2021.
Third Quarter 2021 Summary
*Reported sales grew 9%, primarily driven by double-digit core sales growth in Beauty + Home and Food + Beverage from a combination of price increases and volume growth
*Core sales (excluding currency effects) increased 8%
*Pharma sales declined slightly compared to the prior year
*Reported earnings per share totaled $0.70 and included restructuring charges ($0.12), an unrealized loss on an equity investment ($0.10) resulting from the mark-to-market position of our investment in PureCycle Technologies, Inc. (purification recycling technology) and acquisition costs ($0.02)
*Reported net income totaled $47 million
-Completed the acquisition of 80% of Weihai Hengyu Medical Products, adding elastomeric and plastic component manufacturing capabilities in China for injectable drug delivery
-Completed the acquisition of a majority stake in Voluntis, a provider of digital therapeutic solutions
details at: https://www.aptar.com/wp-content/uploads/2021/10/PR-Aptar-Q3-Oct-28-2021.pdf