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Rockwell Automation joins Digital CMC Consortium to speed drug development with digital standards.

Market News
08 Oct 2026
PRNewsWire
View Source
Bullish
Rockwell Automation joins Digital CMC Consortium to speed drug development with digital standards.

Rockwell Automation has become a founding member of the Digital CMC Consortium, a collaborative effort to digitize and standardize Chemistry, Manufacturing, and Controls (CMC) processes in pharmaceutical development. This initiative aims to overcome bottlenecks caused by manual workflows and improve data sharing, accelerating drug development timelines and reducing costs. The Consortium includes major pharma and tech companies working together to create digital infrastructure for the entire CMC lifecycle, ultimately speeding patient access to breakthrough therapies. The group plans to expand adoption of digital technology transfer and knowledge exchange among sponsors and contract manufacturers in the near term, with longer-term goals including AI integration and automated content creation.

As of Oct 08, 2026 20:14 WIB, Rockwell Automation (ROK) shares are trading at USD 436.50 on Pluang, down 1.22% for the day. The stock has a market cap of $49.07 billion and an enterprise value of $52.21 billion. Despite the recent dip, investors hold the stock for an average of 74 days, with a dividend yield of 1.25%.

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