AGP Executive Report
Last update: 8 hours agoUkraine Energy Dealmaking: At the Ukraine Recovery Conference in Gdańsk, the energy sector secured 28 agreements worth nearly EUR 2bn, with partners also pledging fresh support for winter readiness and the Ukraine Energy Support Fund. Iceland Biotech Finance: Alvotech amended its credit agreement for an extra up to $75m term loan, adding to a recent $165m equity raise and bringing total new capital access to $240m to push biosimilar R&D and launches. Iceland Labour & Wages: Iceland’s wage statistics show real pay gains across public and private sectors since the 2024 bargaining round, with purchasing power up even as growth slows. Iceland Industry & Energy Research: A guest piece argues next-generation geothermal is entering a growth phase, with accelerating drilling and a rising demand for high-temperature directional drilling services. EU Travel Tech Pressure: Europe’s airports and airlines renewed calls to curb summer disruption from the EES digital border checks, which include Iceland in the Schengen coverage. Pharma Expansion to Iceland: SERB Pharmaceuticals completed rights acquisition for Idefirix (imlifidase) covering the EU plus Iceland and MENA, aiming to expand access for rare transplant-related needs.
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