Est. 2001·3,000+ placements · six offices · four regions

Company signals · Biotech & Pharma

Promomed Group

1 signal in the current window, with MitchelLake's leadership read on each.

Market context: Backdrop: a 98.6 (Neutral) Talent Market Index (down 1.4 on the month) with Asia activity rising (+2.4pts).

Promomed Group: 1 signal in the last 90 days — in line with the Biotech & Pharma median of 1 across 19 tracked companies; 0.1% of MitchelLake's Asia signal flow.

Signals at Promomed Group

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Geographic Expansion · Asia

Thermo Fisher Scientific

Thermo Fisher Scientific's Manila Shared Services Centre is scaling rapidly from 100 to ~700 employees by 2026, positioning itself as a high-impact regional hub for Asia-Pacific operations with focus on digital transformation and strategic value creation beyond cost efficiency.

Capital Raising · Asia

Legend Biotech

First Beijing Investment Ltd acquired $43.78 million stake (2.3M shares) in Legend Biotech, a cancer cell therapy developer

Partnership · Asia

Bristol Myers Squibb

Bristol Myers Squibb partners with China's Hengrui Pharma on a $15.2 billion deal to advance more than a dozen early-stage drugs

Ma Activity · Asia

Gilead Sciences

Gilead Sciences agreed to acquire Ouro Medicines for up to $2.18 billion, gaining rights to antibody drug licensed from China's Keymed Biosciences

Geographic Expansion · Americas

Novartis AG

Novartis is expanding its U.S. manufacturing footprint by establishing a new site in Texas

Geographic Expansion · EMEA

Cambrex

Cambrex completed initial engineering studies for new large-scale API manufacturing plant expansion in US and Europe

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