Evonik Industries AG

Evonik develops new biodegradable excipients for oral drug deliveryEvonik is developing a novel biodegradable polymer platform that will form the basis for the next generation of its EUDRAGIT® functional excipients for oral drug delivery. The polymers combine a biodegradable end-of-life profile with performance comparable to today’s industry standards for solubility enhancement and delayed-release coatings.Evonik sharpens growth strategyEssen, Germany. With a clear focus on all its activities, Evonik will strengthen growth over the next three years. The business portfolio will be set up according to roles, and specific tasks will be assigned to the major sites in Germany.Evonik breaks ground on biotechnology expansion in SlovakiaEvonik has broken ground on a new biotechnology expansion project at its Fermas site in Slovenská Ľupča, Slovakia. This marks the next major milestone in the approximately EUR 80 million investment to expand Evonik’s biotechnology capabilities and stre...