About Author : Mateen Dalal

Mateen Dalal

Mateen has completed his Bachelor’s degree in electronics and telecommunication engineering, post which he lent his proficiency to the industry, working as a quality and test engineer. Drawn intricately toward the field of content creation however, Mateen soon switched his professional genre, and now works for intelligencejournal.com and a couple of similar portals, contributing industry-rich articles harnessing his expertise in technology and manufacturing.



Contribution by Mateen Dalal

Facebook and Instagram owner Meta to lay off 10,000 jobs to cut costs

Meta, the leading American technology company and the owner of social media platforms Facebook and Instagram, has reportedly announced its plans to lay off around 10,000 employees. Apparently, this is going to be the second round of significant la...

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Heathrow to lower passenger charges to feed through to the ticket prices

Heathrow Airport, the U.K.’s leading international airport, has reportedly been advised to reduce passenger costs for airlines next year, as they would have an impact on ticket pricing. The Civil Aviation Authority (CAA) determined that lowe...

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Amazon signs deal with mortgage lender Better.com to give employee benefits

Amazon, the U.S.-based e-commerce giant, has reportedly inked a deal with struggling mortgage lender, Better.com to provide better perks to employees. For the unversed, Better.com is introducing Equity Unlocker, a product that enables staff member...

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New Zealand’s Tracksuit secures $5M to expand into the U.S. market

Tracksuit, a brand tracking startup headquartered in New Zealand, reportedly closed $5 million in its initial external round as it plans to use the funds to further penetrate the U.S. market. Apparently, Blackbird headed the investment, which also...

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Chinese gaming industry post sales decline for the first time in years

China's video game sector has reportedly experienced a fall in revenue for the first time since at least 2005, as per previous data from the nation's leading gaming industry association. Based on a recent report published by the organization ...

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Stocks of luxury fashion houses raise in response to China’s reopening

Luxury fashion houses dependent on Chinese customers reportedly saw a hike in stocks as China reopens, however, those clients may not necessarily be purchasing the goods elsewhere. In the past, wealthy Chinese customers would frequently buy person...

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Microsoft investigates Teams and Outlook outage that left users disrupted

Microsoft, the U.S.-based technology frontrunner, reportedly investigating an outage that prevented thousands of customers from accessing services like Teams and Outlook. Apparently, the tech giant did not disclose the number of users that were im...

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DeHaat secures $60 million in funding, tops $700 million valuation

Indian agritech firm DeHaat has reportedly raised $60 million in a new funding round as it looks forward to strengthening its footprint in the country and touching break-even profitability in two years. For the unversed, the startup provides a range ...

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Sensorium registers new branch in UAE to expand global presence

Sensorium, developer of the Sensorium Galaxy metaverse, has registered its new branch in the United Arab Emirates (UAE) as Dubai gradually becomes a global hub for metaverse companies. The new entity, slated to be officially inaugurated in the com...

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Saepio, Echoworx partner to deliver Next-Gen security solutions

Saepio Information Security, a market leader in statement encryption and cloud-based email, has reportedly announced its collaboration with Echoworx to offer next-generation safe delivery of sensitive and secret information to any email receiver...

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Ather Energy raises $250 million to stay ahead in competition

Electric scooter producer Ather Energy has reportedly secured $250 million in a new funding round. As per reports, the investment round is in its early stages. The company’s goal is to obtain $200 million to $250 million to compete in the EV...

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Digital wellness startup Mojorcare bags USD 20 Mn in Series A funding

Mojocare, a wellness and health startup has reportedly raised USD 20.6 million in a Series A round of funding which was led by B Capital Group and saw participation from existing investors including Sequoia India’s Surge, Better Capital, and Ch...

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Exponent Energy bags USD 13 million in Lightspeed-led Series A funding

Bangalore-based Exponent Energy has reportedly secured USD 13 million in a Series A funding round which was spearheaded by Lightspeed Venture Partners. The round also saw participation from existing investors such as 3one4 Capital, YourNest VC, and A...

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Reliance forays into partnerships, acquisitions & R&D for Green Energy

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, reportedly announced that the firm has entered several partnerships, including equity investments, with regional and international corporations. The firm selected entities that ...

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Braxia Scientific extends telehealth prowess with KetaMD acquisition

Toronto-based mental health specialist Braxia Scientific is reportedly planning to acquire KetaMD to expand its telehealth capabilities, especially its tech-based ketamine treatments. The deal is expected to be around USD 6 million. For those unaw...

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Instagram to allow users to shop and pay directly using DMs

Social networking platform Instagram is all set to enable its users to make a direct purchase via chats, also known as DMs (Direct Messages). According to the company’s blog post, this feature will be available for some selected qualified sm...

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Chubb and Royal Brunei partner to offer travel insurance to passengers

Royal Brunei Airlines (RB) and Chubb have reportedly partnered to provide travel insurance to the passengers of the airline. The collaboration has been unveiled in Brunei with more territories and countries to follow. The travel insurance offer...

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SINOVAC, HKU-CTC & GHK partner for Omicron-specific vaccine trials

The Gleneagles Hospital Hong Kong (GHK or Gleneagles) recently held an event to introduce a clinical trial for assessing the security and immunogenicity of Omicron-targeted COVID-19 inactivated vaccine developed by SINOVAC which will be used as a boo...

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Cyberattack ceases production at Iran's major steel company

One of Iran's biggest steel companies was recently forced to pause its production after being hit by a cyberattack, notifying one of the major assaults on the strategic industrial sector in recent history. Khuzestan Steel Company, one of the c...

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G42 Healthcare & AstraZeneca ink LOI to innovate in Life Science

G42 Healthcare, an AI-powered healthcare company, has reportedly inked an LOI (Letter of Intent) with AstraZeneca, a global science-led biopharmaceutical company, with an intention to enlarge their collaboration into the diagnostics and clinical rese...

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Tata Steel Purchases coal from Russia after pledging to cut business ties

In April, Tata Steel, India’s top steel maker, had announced that all its manufacturing units in the UK, India, and Netherlands had sourced substitute raw materials supplies to end its dependency on Russia. The company further stated that the d...

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Coforge, Estes Express Lines to offer next-gen solutions to T&L sector

Coforge, an Indian multinational information technology company, is reportedly planning to collaborate with Estes Express Lines, a privately owned American freight transportation provider to offer agile, next-generation solutions to the transportatio...

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Lightning AI nabs $40 Million in Series B round to enhance AI products

Lightning AI (previously known as Grid.ai), has recently introduced a new AI platform, supported by a $40 million Series B funding round, to improve how AI (Artificial Intelligence) services, products, and experiences are built. With this new AI p...

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CCI authorizes Air India's proposed acquisition of AirAsia India

The Competition Commission of India (CCI) has recently stated that it has given nod to the purchase of AirAsia India Ltd.’s complete shareholding by Air India Ltd. According to a notice issued by the fair-trade regulator, the move will see t...

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Innovent reveals Phase 1 clinical results of Mazdutide for obesity

Innovent Biologics, Inc., a biopharmaceutical company that develops, manufacturers, and commercializes top-class medicines, has recently announced the outcomes of high-dose cohorts in Phase 1 clinical study of mazdutide (IBI362), a glucagon receptor ...

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Polymedco nabs investment from RoundTable Healthcare Partners

RoundTable's deep operating expertise will support Polymedco to increase awareness of CRC screening & cardiac testing RoundTable Healthcare Partners, an investment firm that focuses on businesses in the medical field, has recently announce...

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Buick plans to rebrand as an electric-only automaker in a decade

Buick, a division of the American automobile manufacturer General Motors, has announced key changes meant to highlight its shift to electric vehicles. The company will be releasing its first EV for the North American market in 2024 and will be onl...

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B2B startup Cartona allies with Unilever to expand services in Egypt

Cartona, one of the fastest-growing B2B e-commerce marketplaces, is reportedly collaborating with Unilever, a British multinational consumer goods company, to help add more offerings to retailers, distributors, and suppliers in the Egyptian marketpla...

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Cisco introduces online tools to strengthen cybersecurity for SMBs

Cisco, a world leader in IT and networking solutions, has recently introduced a cybersecurity assessment tool that helps small and medium-sized businesses (SMBs) in the Asia Pacific region to deeply understand their overall cybersecurity landscape. ...

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Meter nabs $38Mn to scale business & support faster enterprise internet

Meter, Inc., an internet & Wi-Fi infrastructure provider for businesses, has recently announced that it has successfully raised $38 million in a Series B funding round that was headed by Lachy Groom and Sequoia Capital. Industry leaders like D...

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MakeMyTrip teams up with banks to offer ‘Book Now Pay Later’ option

The BNPL (book now pay later) payment has been introduced on MakeMyTrip on bookings for flights, travel, or hotels as well as on the Goibibo app MakeMyTrip, the online travel company, has recently said that it has collaborated with 15 banks, finte...

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BlackBerry collabs with Midis Group to expand Cybersecurity biz growth

BlackBerry Limited, a Canada-based software company focused on cybersecurity, has recently entered into a partnership with Midis Group, a leading technology company offering advanced hardware and software solutions, to expand its market footprint acr...

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China’s Geely Auto to acquire share capital of Renault Korea Motors

Geely Auto, the largest automotive group in China, has signed up a joint venture agreement and a share subscription agreement with Renault Group which comes after the two parties signed a framework agreement in January 2022. According to sources c...

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COVID-19 restrictions in China to impact global supply chains

COVID-induced lockdowns in China have severely impaired operations at Shanghai ­– the world's largest port – and hindered activities in some major cities, impacting the supply chains of business giants like Apple to Tesla. Acco...

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PROVEN Skincare unveils the first-ever tailor-made Eye Cream Duo

PROVEN Skincare, the firm that formulates skincare routine specifically for skin, lifestyle, environment, and skin concerns, has recently announced that it has unveiled the first custom-made Eye Cream Duo. The Duo is developed with protein in...

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Qantas Airways to initiate world’s longest non-stop passenger flights

Qantas Airways Limited has revealed plans to initiate direct flights that will connect Australia’s east coast with London and New York as the airway company finally made an order for Airbus SE jets for ultra-long flights. The airline announc...

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IndiGo trials 1st aircraft landing using GAGAN satellite technology

One of India's leading airlines, IndiGo has recently made history by becoming the first Asian airline to leverage the indigenously developed satellite-based navigation system GAGAN while landing. The trials were conducted on an ATR72 aircraft ...

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E-commerce firm Assembly announces takeover of DaaS startup PipeCandy

Ecommerce software platform, Assembly has announced the acquisition of Chennai-based market intelligence company, PipeCandy. With this move, PipeCandy has become the first Indian vertical DaaS company to be taken by a US entity. It is the largest ...

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Covishield fails to protect against Omicron, need booster: NIV study

Researchers at NIV prove the inefficiency of vaccination in protecting against potential evasion by Omicron variant The Indian Council of Medical Research – National Institute of Virology (ICMR-NIV) based in Pune has reportedly identified a ...

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Data integrity firm Precisely announces new geo address innovations

Precisely, a software company specializing in data integrity services, has recently announced new geo addressing proficiencies for easily authenticating, cleansing, and geocode address data in enterprise business systems such as Billing, ERP, CRM, an...

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Ashok Leyland allies with Mahindra over used commercial vehicle unit

Ashok Leyland, an Indian automotive manufacturer, has recently announced that it has signed a deal with Mahindra First Choice Wheels Ltd. (MFCWL) for unveiling a hybrid ecosystem for its used commercial vehicle unit. According to sources close to th...

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Hyundai Motor to enter online community-based Non-Fungible Token market

South Korean automotive manufacturer, Hyundai Motor has recently announced that it is foraying into the online community based NFTs (Non-Fungible Token) market in partnership with the NFT brand 'Meta Kongz.' Hyundai Motor is the first automa...

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Ultrahuman takes over consumer-focused wearable company LazyCo

Ultrahuman, one of the leading advanced metabolic fitness platforms, has recently announced that it has successfully acquired LazyCo, a consumer-focused wearable company recognized for creating the Aina Ring wearable. Sources close to this move stat...

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Crypto exchange Coinbase ceases UPI payments following India launch

Just after a few days of announcing its launch in India with many ordeals, the global crypto exchange platform, Coinbase has reportedly halted payments through UPI (united payments interface) on its app. Currently, Indian users can only use bank tra...

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GM predicts Chevy Bolt EV sales to pick up despite fire recalls

American automotive giant, General Motor (GM) has recently claimed that its electric Chevrolet Bolt model sales will increase regardless of a high-profile recall as several vehicles caught fire. Steve Majoros, Vice President of Chevrolet marketing, ...

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Sempra, KOGAS inks MOU to support low-carbon energy transition

Sempra Infrastructure, a subsidiary of Sempra, which focuses on enabling the energy transition, and Korea Gas Corporation (KOGAS) has signed an MOU (memorandum of understanding) for considering ways to transition global energy to zero-carbon and...

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Microsoft unveils 'Startups Founders Hub' to support entrepreneurs

Announcing the initiative at a virtual briefing, Microsoft said that the platform offers massive benefits and credits to startups Startups will be able to access tools, resources, and technology required for running their business American techn...

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UK records rise in Covid-19 infections and hospitalization

COVID-19 infections have risen again in the U.K. following easing restrictions and fast spread of the more-transmissible omicron subvariant. As per latest reports, more than 574,000 people in the United Kingdom have tested positive for the infection...

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Xiaomi’s NAVEE N65 e-scooter to enter North America & European markets

After the successful launch of NAVEE N65 electric scooter late last year on its crowdfunding platform, Chinese tech major Xiaomi is on track to launch the e-scooter into North American and European markets. The tech company has long been introducing...

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Innovent Biologics expand strategic partnership with Eli Lilly

Innovent Biologics, Inc., a biopharmaceutical firm dedicated to developing, commercializing, and manufacturing high-quality medicines, has extended its partnership with Eli Lilly and Company given to their shared commitment to bringing innovative med...

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Apple to launch subscription service for iPhones and other hardware

The tech giant eyes for a future where device ownership is equivalent to paying a monthly app fee American technology company, Apple is reportedly pursuing a subscription service catering to iPhones as well as Apple hardware. Credible sources state...

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Airbus to hire engineering IT talent in India at Hyderabad airshow

European multinational aerospace corporation, Airbus will reportedly be offering jobs opportunities for India's high-end IT and engineering talents at the upcoming Wings India airshow in Hyderabad. Airbus India is looking to fill positions in ar...

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Lune’s API to help customers fund carbon neutralization projects

Lune, a startup that aims to debunk CO2 emissions calculations and make every service and product climate positive by default, is offering its API to companies so that they can allow their customers to pay a fee to finance carbon neutralization proje...

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Russia blocks Instagram for 80 million users amidst Ukraine conflict

After a string of American and European companies banning Russia from any further business, the world is now seeing how Russia responds to nations aligning with Ukraine. Foraying into the third week of war, Russia has come up with a new strategy und...

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Web3 game Delysium raises $4Mn in first private sale round

Delysium, the AAA blockchain game – first of its kind in the world – has nabbed $4 million in its first round of private sale led by Republic Crypto, Alameda Research, and Galaxy Interactive. The investment round also included other part...

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BaaS platform mintBlue completes €2 million seed funding round

mintBlue, the provider of BaaS (Blockchain-as-a-service) platform, has secured €2 million (USD 2.2 million) in a financing round headed by investment firm Two Hop Ventures, with participation from Dutch angel investors and Ayre Ventures. mintBl...

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Ather Energy & Foxconn to address surging demand for electric scooters

The electric scooter brand will ramp up annual production of 120,000 to 400,000 units Ather Energy, Bengaluru-based electric scooter manufacturer, has reportedly announced a new collaboration with Bharat FIH – a subsidiary of Foxconn Technolog...

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Verisk acquires Opta, provider of property intelligence & technology

Verisk, an American multinational data analytics and risk assessment firm, has recently announced that it has acquired Opta, a Canada-based leading provider of property intelligence and innovative technology solutions. The acquisition is said to enh...

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Qualcomm partners with ByteDance on XR devices ecosystem

MWC 2022 flexed off in Barcelona with launching phones from companies including TCL, Honor and Nokia. However, Qualcomm and its Snapdragon ecosystem were the companies that stood tall at the show. Qualcomm and its Snapdragon platform are the mainsta...

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No more in-car shopping for customers: GM shuts down Marketplace

American automotive manufacturer, General Motors has declared it will no longer continue with the in-car shopping app, dubbed Marketplace, that earlier allowed customers to make restaurant reservations, buy coffee or even pay for gas from the infotai...

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Australia's AGL Energy spurns $3.5bn surprise bid; investors expect more

AGL Energy Ltd, an Australian listed public company, has recently rejected an impressive $3.54 billion seizure strategy from Canada's Brookfield Asset Management and Mike Cannon-Brookes, in favor of a planned split in two years. According to AGL...

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Agilent Technologies acquires Virtual Control’s advanced AI-technology

The acquisition is expected to boost Agilent’s digital capabilities for enhancing lab productivity American instrument manufacturing company, Agilent Technologies has announced the acquisition of innovate artificial intelligence (AI) technolog...

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Cann enters Canada’s Cannabis beverage market with $27 million funding

Changing consumer interest and rising inclination towards THC-infused food and beverage products for their therapeutic properties has led to a spree of experimentation by manufacturers developing innovative drinks and food products. Cannabis beverag...

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SpaceX’s plans to ramp up satellites causes fear of space debris

Elon Musk’s SpaceX aims for an additional launch of tens of thousands of satellites into space American aerospace manufacturer, SpaceX has disclosed dramatic plans for the coming future, entailing launch of a large number of satellites to incr...

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US FDA approves Lilly’s antibody drug ‘bebtelovimab’ against Omicron

The United States Food & Drug Administration (FDA) has granted emergency use authorization (EUA) to an antibody drug, dubbed bebtelovimab, developed by American pharmaceutical giant, Eli Lilly & Company to combat the Omicron variant. The com...

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RIL inks $6.6Mn deal with EV tech and solutions company Altigreen

Reliance New Energy Limited (RNEL), a wholly owned subsidiary of Reliance Industry Ltd (RIL), has recently announced investment worth $6.6 million in Altigreen Propulsion Labs Private Limited, also known as Altigreen. The Mukesh Ambani-led conglomer...

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Crypto.com & fintech leader Worldpay from FIS to expand globally

The crypto platform will integrate Worldpay from FIS’ merchant services for card-based purchase & crypto sale Crypto.com, one of the fastest growing crypto platforms in the world, has partnered with Worldpay from FIS, appointing the latter...

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Airtel Payments Bank, ICIC Lombard to provide cyber fraud protection

Amidst the appealing nature of a digitizing world with increasing adoption of digitized payments and online transactions, banks and insurance providers are speculating an upsetting rise in sophisticated online frauds. To counter this, Airtel Payment...

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South Korea to penalize Mercedes-Benz for unlawful promotion of cars

Antitrust regulator of South Korea will impose a heavy fine on Mercedes-Benz worth US$16.87 million after the German automaker submitted false information on the gas emissions of its diesel-powered cars. According to the Korea Fair Trade Commission ...

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PayPal records lower than estimated revenue growth in Q4 2021

American financial technology company, PayPal Holdings Inc. plummeted after consistent decline in spending observed by the platform during fourth quarter, after a fast-paced shift of consumer interests to in-store shopping as economic recovery allowe...

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Can Fite enrolls 1st patient in Phase IIb Namodenoson clinical trial

Can Fite BioPharma, an advanced clinical stage biotechnology company ramping up pipeline of its proprietary small molecule drugs designed for inflammatory, cancer and liver diseases, has reportedly announced the enrollment of first patient in its Pha...

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RIL aims to invest $75 billion to produce green hydrogen in India

Mr. Ambani has pledged to produce green hydrogen at $1 per kg, almost reducing it to 60% than today’s costs Mukesh Ambani, Chairman & MD of Reliance Industries Ltd. (RIL), has earlier announced plans to invest around $75 billion in renewab...

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Zafin buys FINCAD to expand its product range & analytics capabilities

Zafin, a banking software enterprise platform company, has recently announced that it has acquired FINCAD, the top provider of enterprise portfolio and risk analytics for fixed income and multi-asset derivatives. With this acquisition, Zafin will ex...

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Taco Bell to introduce its first-ever business school for employees

The fast-food chain has collaborated with the University of Louisville for starting this project Taco Bell, a US-based chain of fast-food restaurants, is reportedly opening its business school with a vision of helping its employees learn the skills ...

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Jubilant Foodworks unveils first chain of Popeyes in Bengaluru, India

Jubilant Foodworks Ltd, an Indian food service company, has recently announced unveiling the iconic United States’ Fried Chicken brand-Popeyes in India by inaugurating its first store in Bengaluru, India. For the uninitiated, Popeyes Louisiana...

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Affinity to trade Burger King business in Japan & South Korea for $1Bn

Affinity Equity Partners, one of the largest dedicated Asian private equity firms, is reportedly planning to sell off its Burger King fast-food businesses in Japan and South Korea, in a deal that can offer more than $1 billion, said a credible source...

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Telenor to sell stake in Myanmar's Wave Money for $53 Mn to Yoma

Telenor Group, an international provider of tele, data and media communication services, has reportedly agreed to sell its 51% stake in Myanmar's Wave Money, a provider of digital payment service, for $53 million to Yoma MFS Holdings, a subsidiar...

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Alkem to launch state-of-the-art technology to treat DFU in India

Alkem Laboratories Ltd. (Alkem), an Indian multinational pharmaceutical company, has reportedly launched a unique patented technology for the treatment of Diabetic Foot Ulcer (DFU) in India. The solution would be based on an innovative technology of...

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Bank of America unveils new drive-thru ATM; shuts another in Bethlehem

According to Andy Aldridge, Bank of America Spokesperson, the financial institutiThe Bank of America Corporation, an American multinational investment bank and financial services, has now opened up a new place for clients in North Bethlehem who are l...

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IPICOL, GAIL ink MoU for developing clean energy projects in Odisha

IPICOL (Industrial Promotion & Investment Corporation of Odisha) and GAIL (India) Limited have recently entered into an MoU for cooperation in the fields of green hydrogen, green ammonia and renewable energy (solar/wind) for producing eco-friendl...

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Eka Care unveils vaccination slot booking for teenagers ahead of the drive

Eka Care, a digitally enabled and connected healthcare ecosystem for better health outcomes, is now helping citizens book vaccination slots for children aged 15 to 18 years. The vaccination drive for teenagers has been open since the rise in infectio...

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Britain builds Omicron contingency plans for workplaces & schools

The record-breaking spike in Coronavirus cases in the U.K. has forced the government to undertake contingency plans in case schools, hospitals, and other workplaces are hit by major staff shortages. The public segment workplaces are constantly prepa...

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Pfizer’s antiviral drug may not be compatible with other medications

Antiviral pills by Pfizer consisting of two drugs is undergoing scrutiny as one of it is suspected to cause severe interactions with some of the widely used prescriptions such as blood thinners, statin and antidepressants. As Omicron variant continu...

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Tata Steel to help build world's largest offshore wind farm in the UK

Tata Steel, one of India's leading steel manufacturing companies, is going to play a major role in helping build the world’s largest offshore wind farm called ‘Dogger Bank Wind Farm’ which will be capable of delivering clean ene...

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Grocery delivery startup Zepto raises $100Mn in latest funding round

Instant grocery delivery startup, Zepto has reportedly secured $100 million in funding headed by its existing investors Continuity Fund. As per sources, the firm will leverage the fresh capital to increase coverage, build out different groups, and r...

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UK researchers are working on new vaccines to tackle COVID-19

As UK witnesses a record spike in number of new COVID cases linked with the Omicron variant, researchers in the country are using new methods for quickly developing and mass-producing the mRNA vaccines and therapeutics at little cost to fight against...

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BlackBoiler, Sandline to deliver legal tech solutions to EU clients

BlackBoiler, a legal technology company, has recently announced its partnership with eDiscovery service provider Sandline Global to extend delivery of innovative legal tech solutions to European clients, providing them with high-touch service. Dan B...

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Ultraviolette Automotive nabs fresh funds from TVS Motor Company

Indian automotive company, TVS Motor Company has recently made a new investment in Bengaluru-based electric bike maker, Ultraviolette Automotive. In a regulatory filing, TVS Motor said that Zoho Corporation — an Indian tech firm that offers we...

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South Korea develops new technology to detect chemical weapon attack

South Korea’s state-run weapons development agency has recently announced developing its very first home-based technology for the early detection of chemical weapon attacks at long distances. The Agency for Defense Development said that it had...

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Humanoid robot 'Ameca' to display most precise facial expressions

The United Kingdom-based humanoid robot manufacturer, Engineered Arts has recently unveiled that it has permeated more facial expressions like that of humans into one of its robots, which may bring an unnerving feeling among the people. In a video p...

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Accolite Digital acquires Abyeti; bolsters product engineering

Accolite Digital, an innovative, best-in-class digital transformation services provider, has recently announced acquiring Abyeti Technologies, the firm well known for building great enterprise software across multiple domains and technologies. Abyet...

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Cartula Health India & Medway Technologies ally to launch BNPL service

Cartula Health India, India’s foremost telemedicine startup which intends to revolutionize healthcare across India, has recently announced an innovative service sponsored by Medway Technologies - an AI-powered platform that links healthcare ser...

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COVID-19 – US Governors urge to take precautions on the new variant

The news of a new strain of coronavirus termed Omicron is gaining attention worldwide. The new coronavirus variant has become a hot topic of discussion across the world. Governors around the United States have recently assured Americans that the adm...

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Apollomics enrolls first patient in Phase 3 trial of leukemia drug

GlycoMimetics, Inc., a firm that develops molecule drugs, has recently announced that biotech company Apollomics has dosed first patient in China in a Phase 3 clinical trial of its new relapsed or refractory acute myeloid leukemia (AML) drug, APL-106...

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Neu.ro announces plans to develop zero emission AI cloud solution

Neu.ro, a tech company that uses Machine Learning (ML) and Deep Learning (DL) to develop business solutions, has revealed plans to develop a zero-emissions AI cloud solution in unison with Finnish cloud infrastructure partner, atNorth. The plan come...

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CARS24 signs lease for 1 million sq. ft commercial facility in Dubai

India's leading e-commerce platform for pre-owned vehicles, CARS24 has reportedly rented a commercial facility spanning 1,000,000 sq. ft in Jebel Ali, Dubai. The contract values at over AED 40 million, marking as one of Dubai's largest leasin...

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Cavallo announces merger with e-commerce platform Magento

Cavallo, an on-premises & cloud solution provider specifically targeting mid-market distributors, has recently announced its integration with Magento, an open-source e-commerce platform that offers omnichannel solutions, including retail-associat...

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Lockheed Martin to supply India with new-age defense solutions

American aerospace firm, Lockheed Martin has recently said that it is ready to meet India’s requirement for new-age military solutions in domains like air, land, sea, and cyberworld in line with the strong plan of Indo-US strategic ties. Willi...

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Geely’s Farizon Auto unveils concept electric semi-truck ‘Homtruck’

Geely’s commercial vehicle brand, Farizon Auto has reportedly launched Homtruck, its new electric semi-truck concept that it plans to production and commence deliveries by 2024. The Chinese automaker has also revealed plans to deliver the Homt...

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Ascletis-Suzhou enter worldwide license agreement for Envafolimab

Chinese biotechnology company, Ascletis Pharma Inc. has entered into a worldwide license agreement with Suzhou Alphamab Co., Ltd., outside Greater China for ASC22 (Envafolimab) for the treatment of all viral diseases inclusive of Hepatitis B. Also c...

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Antengene receives IND approval for Phase 1 Trial of ATG-101

Antengene Corporation Limited, a leading biopharmaceutical company, has successfully received approval from the US FDA (Food and Drug Administration) for Investigational New Drug (IND) application of ATG-101, a potential treatment for metastatic/adva...

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COP26: India & UK to unveil ‘Green Grids Initiative’ for solar power

India and the U.K. are about to launch a project to develop a solar grid that would link nations in different parts of the world. The project called ‘Green Grids Initiative’ is being announced by the International Solar Alliance. It was ...

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AI-based platform Instoried secures $8Mn in latest funding round

Instoried, an AI-powdered augmented writing platform that aims at driving content engagement, has secured $8 million in a recent funding round led by 9Unicorns and Pritt Investment Partners, along with participants like Venture Catalysts Angel Fund, ...

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Saudi Arabia aims for net-zero carbon emissions by the year 2060

Global oil producer, Saudi Arabia has recently stated that it intends to reach zero greenhouse gas emission levels by 2060, thereby joining the bandwagon with other 100 countries towards limiting the impact of climate change. Although the kingdom pl...

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Abbott unites with Real Madrid to aid child welfare worldwide

Abbott’s partnership with Real Madrid will cater to children’s education, social welfare, sports activities in around 80 countries It will also provide health and nutritional assistance to Academy teams and product development and inn...

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TotalEnergies commences its UK Offshore Wind Hub in Scotland

French oil and gas major, TotalEnergies SE has inaugurated its UK Offshore Wind Hub in Scotland which will be part of the company's existing offshore operations center in Aberdeen and allow employees to shift from oil and gas to offshore win...

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Saudi Arabia’s wealth fund to launch offshore tourism project ‘THE RIG’

One of the world’s largest sovereign wealth funds, Public Investment Fund has recently announced plans for a tourism project called “THE RIG”, which includes building a 150,000 square meter resort in the Arabian Gulf on an oil rig p...

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Google’s business intelligence platform Looker collabs with Tableau

Google Cloud Platform has recently revealed that its business intelligence platform, Looker has been integrated with Tableau, empowering users of both the platforms to benefit from the different features offered by each. For starters, Google Cloud a...

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HR tech firm Personio ropes in $270 million in latest financing round

Personio, a HR software provider targeting small and medium sized businesses, has attained a $270 million investment in the wake of high demand for its services. With the latest Series E round of funding, Personio's valuation roses to $6.3 billi...

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New Zealand prepares to deal with potential surge in COVID-19 cases

New Zealand is preparing for an increase in Covid-19 cases after registering 94 new infections over the weekend, with pandemic modelers predicting that if the government continues on its present path, new cases would rapidly exceed 100 per day. Epid...

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Publix to recruit around 30,000 employees in the last quarter of 2021

Publix, an employee-owned, American supermarket chain, has devised plans to hire around 30,000 associates across the company's seven-state operations by the end of this year. The firm will hire employees to work in stores, distribution centers, a...

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Russia’s daily COVID-19 death toll hits all-time high this week

Russia has reported a surge in daily death toll due to COVID-19, showcasing the fifth time in a week with high death numbers. According to the national coronavirus task force of Russia, approximately 890 deaths were recorded on Thursday, out beating...

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TikTok shopping to expand with new partnerships and solutions

Video-sharing platform, TikTok is looking to expand its presence in the e-commerce sector. Recently, the platform announced introducing a slew of new brand partners for TikTok Shopping, including Ecwid, Square, and PrestaShop, with SHOPLINE, Wix, Ope...

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Genomic Vision unveils TeloSizer® for precise cellular health analysis

Genomic Vision, a molecular diagnostics and technology company that develops tools and services focused on examining and controlling changes in the genome, has recently announced the unveiling of TeloSizer®, an advanced solution that will aid in ...

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HDFC Bank seeks to recruit 2,500 people in the coming six months

Indian banking and financial services company, HDFC Bank has recently raised its share price by over 2% to $1,625 per share, a move that comes on the back of its attempt to expand its rural reach to over 200,000 villages in the next two years. Rahul...

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Innovent, AnHeart present interim data from Taletrectinib Phase 2 trial

Innovent Biologics, Inc., a biopharmaceutical company, and AnHeart Therapeutics Co., Ltd. have jointly announced interim clinical data from a Phase 2 trial (TRUST) evaluating Taletrectinib (AB-106), an investigational next-generation ROS1/NTRK inhibi...

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Health insurer Alan acquires Jour to enter the mental health market

Alan, a health insurance startup based in France, has acquired American digital behavioral health firm, Jour for $20 million. The acquisition has assisted the French health insurer to launch its new digital health service, Alan Mind, helping it ...

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WAVE Electronics adds CYNC™ Smart Home solutions to its portfolio

South Korean consumer equipment firm, WAVE Electronics has recently formed an alliance with home automation company, Savant Systems, Inc. to provide CYNC™ smart home solutions to its contractors, custom installation professionals, and builders ...

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WardWizard Innovations & Mobility to invest $20Mn in EV business

Indian electric vehicle manufacturer, WardWizard Innovations and Mobility have expressed plans to spend INR 150 crore (USD 20 million) in the coming six months in its EV business, as it seeks to ramp up technology and infrastructure, among other thin...

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Doccla ropes in $3.3Mn seed funding from Giant Ventures & Speedinvest

Doccla, a healthcare startup focused on virtual ward technology, has raised $3.3 million in a seed investment round led by Speedinvest and Giant Ventures. According to the firm, the raised capital will be used to invest in technological innovations ...

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Redwood Materials plans to expand into the battery materials business

Redwood Materials, a battery recycling startup that seeks to create a circular battery supply chain, is seeking to expand its operations and is actively looking for a new million-square-foot facility, which would cost more than $1 billion. Redwood M...

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UKG allies with Microsoft to improve employee engagement solutions

Ultimate Kronos Group (UKG), a leading provider of human capital management, HR service delivery, payroll and workforce management services and solutions, has expanded its collaboration with tech giant- Microsoft Corporation to improve employee techn...

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UAE investment firm Amanat unveils social infrastructure platform

Amanat Holdings PJSC, a healthcare and education investment company based in UAE, has unveiled its Social Infrastructure Platform with the procurement of the real estate property of CMRC (Cambridge Medical & Rehabilitation Centre) facility for AE...

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Wright tests 2MW aviation-grade engine for electric passenger plane

Aerospace companies have been aspiring to go electric, but flying with engines powered by batteries is more challenging compared to on-road electric vehicles. Wright Electric, an American startup firm, has been working to make electric flight a reali...

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Hyundai Motor announces carbon-neutral commitment at IAA Mobility 2021

Hyundai Motor Company, a South Korean multinational automotive manufacturer, has recently pledged to become carbon neutral by 2045, an announcement made at IAA Mobility 2021. The automaker considers clean mobility, green energy, and next-generation ...

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Juniper Networks collabs with Intel to develop Open RAN ecosystem

Juniper Networks, a leading provider of networking products and services, has collaborated with Intel to speed up innovations in the Open Ran (ORAN) ecosystem. As per sources, the partnership will involve the two firms working on pre-integration and...

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Gatik raises $85Mn to expand autonomous delivery truck operations

Gatik, a company that focuses on short-haul, business-to-business (B2B) logistics for the retail industry, has recently secured $85 million in a Series B round headed by Koch Disruptive Technologies, the venture arm of Koch Industries. Existing inve...

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Finance startup OTO Capital bags $6Mn in a Series A funding round

Automotive financing startup, OTO Capital has raised $6 million in a Series A funding round led by Matrix Partners India. The round included some existing and new investors like Better Capital, 9Unicorns, Prime Venture Partners and marquee angel inv...

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UAE’s Tabreed acquires additional stake in district cooling scheme

UAE-based central cooling company, Tabreed has secured 50% additional stake in the exclusive 80,000 refrigeration ton direct cooling project that supplies to the Al Maryah Island in Abu Dhabi. According to a statement by Tabreed, the deal is project...

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Just Eat to offer 1,500 new job openings at its Sunderland office

British online food order and delivery service, Just Eat have recently revealed plans to open a customer care center in northeast England, employing 1,500 people and retaining jobs back from India and Bulgaria. Just Eat claims that it would invest a...

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Saudi Healthtech firm Clinicy banks huge funds in pre-Series A round

Clinicy, an innovative healthtech firm based in Saudi Arabia, has roped in a seven-figure funding from Mad'a Investment Company, a private equity firm headquartered in Riyadh. While the specific amount of the investment is undisclosed, it is the ...

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Pfizer submits clinical data to FDA for vaccine booster shot approval

Leading vaccine developers, Pfizer and BioNTech have recently submitted primary stage clinical data to the U.S. FDA (Food and Drug Administration) as a part of their efforts to authorize booster vaccine shot for COVID-19 for everyone aged above 16, i...

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Saudi Aramco joins ACWA to acquire 30% stake in Sudair solar PV plant

Saudi Aramco, the Saudi Arabian Oil Company, is reportedly investing along with the country's self-governing wealth fund and Riyadh-based ACWA Power in a major solar project with 1.5 GW capacity as the world's largest energy business makes a ...

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FDA approves 3rd COVID-19 vaccine jab for immunocompromised people

The U.S. FDA (Food and Drug Administration) has revised the emergency use authorizations (EUA) status of the Pfizer and Moderna Covid-19 vaccines to permit people with weakened immune systems to receive its third dose. The move comes after a panel o...

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Saudi Arabia's largest wind energy project commences operations

Saudi Arabia's first and largest wind energy farm has been connected to the grid and has started producing carbon-free energy. According to credible sources, the ‘Dumat al-Jandal’ wind farm comprises of 99 turbines that are capable of...

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Nissan debuts latest safety & connectivity tech in the Middle East

Japanese automobile giant, Nissan has recently added new safety and connectivity features to its vehicle line-up in the Middle East, effectively meeting consumers’ changing needs and requirements. The latest addition to Nissan Intelligent Mobil...

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Magnis Energy bags $14.8Mn in funds to produce li-ion cells for EVs

Australia-based lithium-ion battery manufacturer, Magnis Energy Technologies has raised USD 14.79 million ($A20 million) in the latest funding round led by SBC Global Investment and Lind Partners- an asset management firm. The battery startup has est...

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Abu Dhabi to launch world's 1st solar project that extract water from air

Abu Dhabi’s Masdar City is about to launch the world's first solar project that can provide viable volumes of continuous water supply from a sustainable source. As per official reports, the pilot project will be operated by AQUOVUM, a US-ba...

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TPG Rise Climate Fund raises $5.4Bn to support new climate solutions

TPG Rise Climate Fund, the climate investing fund of TPG’s global impact investing platform TPG Rise, has recently raised its first close of $5.4 billion, bringing together an exclusive blend of funding from some of the top institutional invest...

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Baby nutrition firm ByHeart nabs $90Mn in Series B funding round

ByHeart, a fully integrated infant nutrition company, has reportedly secured $90 million in Series B funding which the company plans to use for the launch of its baby formula and support the development of its pipeline of nutrition items for chi...

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UAE extends travel ban for Indians amid strict COVID-19 guidelines

United Arab Emirates (UAE) has reportedly extended travel ban for individuals travelling from India and several other south Asian countries on the pretext of COVID-19 guidelines. As reported by Etihad Airlines, the ban will be followed till 31st July...

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Adevinta Ventures backs Lovys's Series A follow-on investment round

Adevinta Ventures, an investment arm of Adevinta, has announced its investment in French insurance service provider ‘Lovys’, marking as its first investment in France in the Fintech and Insurtech sector. With this investment, Adevinta Ve...

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Indian EV startup eBikeGo expands fleet to 2,100, hires 70 employees

The company is aiming for achieving a 2% share in the Indian electric two-wheeler market, with plans to deploy 200,000 e-scooters across 100 cities eBikeGo, an electric vehicle startup, has recently revealed that it has increased its fleet of electr...

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AllCloud buys Integress to expand cloud services in North America

AllCloud- a professional cloud service provider has reportedly announced the purchase of Integress- a data analytics entity that provides business intelligence solutions to customers in various industries from financial services and insurance to tran...

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Google Meet removes unlimited group calling feature for free accounts

American technology major, Google LLC has reportedly removed the feature of unlimited group video calling from its video calling application ‘Google Meet’ for free account users. As per sources, users will now be limited to one hour of gr...

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Vistar Media raises $30Mn in latest Series B financing round

Vistar Media, an end-to-end programmatic technology provider for digital out-of-home media, has recently announced raising $30 million in Series B funding round led by Lamar Advertising Company. The investment supports Lamar and Vistar’s belief...

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Database startup Singularity Data secures $10Mn in angel round

Singularity Data, a cloud computing startup, has reportedly secured USD 10 million in an angel round led by venture capital firm Yunqi Partners. With this funding, the company plans to achieve its objective of building on its cloud-based streaming da...

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Dangote Cement acquires 2,000 trucks to enhance distribution network

Dangote Cement Plc, a multinational publicly traded cement manufacturer based in Lagos, Nigeria, has rolled out over 2,000 trucks for distribution services. With this move, the firm will address the challenges associated with the distribution of ceme...

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Sequoia-backed marketplace Moglix acquires e-commerce firm Vendaxo

Moglix, a India-based e-commerce platform for industrial products, has reportedly acquired Vendaxo, a platform designed to allow buying and selling of used machinery. With this acquisition, Moglix plans to provide manufacturers access to high-value c...

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Govt introduces 'Matsya Setu' mobile app for Indian aqua farmers

Indias Union Minister of Fisheries, Animal Husbandry and Dairying, Giriraj Singh has launched the 'Matsya Setu' smartphone app to spread awareness regarding latest freshwater aquaculture technologies to the country's aqua farmers. In a s...

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Toutche Electric unveils hybrid bicycle with detachable battery

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Honda mulls price hike on vehicles in India following high input costs

Japanese automaker, Honda has recently hinted plans to increase the price of its vehicle models in India. As per company officials, starting next month, prices of their vehicles will be increased to counter the impact of a substantial surge in the pr...

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SpaceX launches 88 satellites into the orbit in rideshare mission

SpaceX’s Falcon 9 rocket has successfully launched 88 satellites into orbit in a single go, signifying its 2nd dedicated rideshare mission. The company has already launched cargo, satellites, and lately astronauts into orbit atop its Falcon 9 r...

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Secret Sales looks to expand with €10Mn in Series A funding round

Secret Sales, a UK-based discount fashion and beauty platform, has raised €10 million (£8.5 million) in a Series A funding round led by Perwyn Growth Capital, a family-owned private equity and growth capital firm, along with Belerion Capit...

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Adani Ports aims to attain 500Mn ton cargo throughput by 2025

India's largest private multi-port operator, Adani Ports and Special Economic Zone (APSEZ) has recently indicated plans to extend its port cargo and focus on logistical services to grow the volume of its revenue stream and becoming the preferred ...

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Tesla unveils its first solar EV charging station in Lhasa, China

U.S. automaker, Tesla has reportedly inaugurated its first charging station along with its solar and energy storage facilities in the city of Lhasa, China. In a statement, the EV maker told sources that the base station in Lhasa will generate electri...

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Gujarat's new electric vehicle policy to boost buyer's interest

A new electric vehicle policy initiated by the Gujarat government has spurred enthusiasm among EV manufacturers and buyers in the state. As per the new policy, indivduals willing to purchase an electric vehicle will be offered a subsidy of up to INR ...

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Airtel and Tata Group team-up to compete Jio’s 5G technology

Bharti Airtel and Tata Group have entered into a strategic partnership to challenge Jio's ‘made-in-India’ 5G technology. The two companies are focusing on deploying 5G radio and core solutions, based on Open-RAN, which Airtel has...

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NSW offers $480Mn EV package, waives stamp duty on EVs

In a bid to achieve net-zero emissions by 2050, the Government of New South Wales has committed to invest USD 480 million in a recent budget to encourage the adoption of electric vehicles, including limited USD 3,000 rebates along with removal of sta...

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PwC announces ‘New Equation’ strategy to create 100,000 jobs

U.K based-PricewaterhouseCoopers or PwC has announced a new global strategy-The New Equation, which will see the company spend nearly USD 12 billion over a span of five years to create nearly 100,000 job roles across 155 of its territory firms in reg...

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Hikvision launches EI Smart Managed Switch line with unique features

Hikvision- a leading manufacturer and supplier of security solutions has introduced a new line of smart PoE switches that have been developed to simplify installation, enhance system management and offer remote management. Notably, the latest Smart ...

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Wind River Studio to deploy Europe’s first Open RAN for Vodafone

Vodafone has apparently chosen Wind River Studio for building the first commercial Open RAN in Europe. It is speculated to be one of the largest in the world. The British telecom company has plans to expand the Open RAN architecture around the world ...

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Zypp Electric deploys 100 EVs for delivery services in Hyderabad

The company aims to partner with businesses, organizations, neighbourhood stores to offer eco-friendly delivery services Its EV fleet will be expanded to 500 in the coming 3-4 months in Hyderabad Zypp Electric currently holds a fleet of more than...

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HeidelbergCement to soon develop CO2 neutral cement plant in Sweden

In a bid to reduce the elevating levels of carbon emissions around the globe, HeidelbergCement, world’s second-largest cement producer, announced its plans of turning its Swedish factory in Slite into the globe’s first and novel CO2-neutr...

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Virgin Media O2 officially launches in the UK, to invest £10Bn in 5G

Telecommunication giants- Virgin Media and O2’s USD 44 billion combined firm ‘Virgin Media O2’ (VMO2) has officially been launched, combining phone, TV, broadband, and mobile network businesses from both the operators. Representing ...

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Huayou, EVE Energy team up to realize a $2.08B Indonesia nickel project

China headquartered- Huayou Cobalt Co., one of the leading suppliers of cobalt in the world, has reportedly made it to the front page following its union with EV maker EVE Energy and others to furnish and develop a USD 2.08 billion nickel and cobalt ...

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GEICO, Tractable join forces to accelerate accident recovery with AI

Government Employees Insurance Company (GEICO), one of the United States leading auto insurers, has announced establishing strategic partnership with Tractable, an AI company offering services to P&C insurers, manufacturers and others. The partne...

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EndoFresh’s Disposable Digestive Endoscopy System gets an FDA nod

The US Food and Drug Administration has finally produced a green flag to EndoFresh’s novel Disposable Digestive Endoscopy System following years of reports of persistent cross-contamination issues transmitted in patients by some of the difficul...

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iPhone, iPad & HomePod to soon support lossless audio on Apple Music

One of the leading software giants, Apple, has recently made it to the front page following a detailed information of its upcoming lossless audio support on Apple Music. For the record, lossless audio is a way of compressing music cutting down the f...

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Coursera to offer online courses by USO for military community

A month after Google announced its partnership with Coursera for providing online certification courses, the United Service Organizations is now all set to collaborate with the leading online learning platforms. Apparently, the alliance is expected ...

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JuiceBar collabs with NZM Solutions to expand EV charging infrastructure

U.S.-based EV charging station manufacturer, JuiceBar® has reportedly partnered with NetZero Microgrid Solutions (NZM Solutions). Commenting on the newly formed alliance, JuiceBar CEO & President, Paul Vosper, said “Their partnership wi...

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PayPal buys Happy Returns to strengthen reverse logistics system

U.S. based digital payments platform, PayPal, an online payment system entity has announced the purchase of Happy Returns- a returns solution firm that provides online buyers access to simplified ways to return unwanted merchandise to retailers; elim...

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YOP officially unveils YOP app to ease access to DeFi for the masses

Yield Optimization Platform and Protocol (YOP) recently declared its official launch of YOP application; the first all-in-one mobile app which makes it quite easier for everyone to access DeFi. The V0 version of the app is now available for early acc...

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Singapore to create second national supercomputer with more on roadmap

Following its success of the first supercomputer system, Singapore is set to build its upcoming second supercomputer system in an attempt to strengthen the local research community, offering 8X more computing capacity than its previous model. The sy...

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Gennova begins enrollment for Phase 1/2 trials of mRNA COVID vaccine

India's first mRNA-based COVID-19 vaccine, HGCO19, formulated by Pune-based biotech firm, Gennova Biopharmaceuticals is about to enter its Phase 1/2 clinical trials with the enrollment of candidates, said the Department of Biotechnology (DBT). R...

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Mashcor launches new independent search engine for the Afrotech sector

Mashcor, a leading South African digital agency, has reportedly announced the launch of Africa’s first indigenous search engine. The new search engine has been specifically designed to connect the region’s rapidly expanding tech sector to...

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Canada and Germany ink new energy partnership with emphasis on hydrogen

The government of Canada has inked a new, comprehensive energy partnership deal with the government of Germany to set up a formal collaboration across a wide array of shared energy priorities, including hydrogen and LNG. According to reports, this c...

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Mercedes-AMG Petronas F1 Team and AMD team-up for F1 2020

Mercedes-AMG Petronas F1 Team, and Advanced Micro Devices (AMD), a renowned semiconductor developer, have reportedly announced a new multi-year partnership agreement that has combined the two firms’ passion of for high performance, beginning fr...

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Aduro begins trial of MK-5890 for non-small cell lung cancer treatment

The biopharmaceutical giant has also received a USD 10 million development milestone payment from Merck & CO. for the initiation of the trial A clinical-stage biopharmaceutical company, Aduro Biotech, Inc. recently announced to have ba...

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TherapeuticsMD submits a New Drug Application to the FDA for BIJUVA®

TherapeuticsMD, Inc., an inventive pharmaceutical company that focuses on women healthcare, has recently announced that it has presented a New Drug Application (NDA) pre-approval efficacy supplement to the U.S. FDA (Food and Drug Administration) for ...

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Cerevel Therapeutics begins CVL-936 trial for treating drug addiction

Cerevel Therapeutics, LLC, a biopharmaceutical company developing new therapies for treating neuroscience diseases, has reportedly dosed healthy volunteers in Phase 1 clinical trial of CVL-936, a potential first-in-class investigational therapy for t...

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Urus to strengthen Lamborghini’s roots in India in the coming years

Lamborghini, an Italian car manufacturer renowned for its aesthetically significant, high performance sports cars, is reportedly planning to put his foot down in the Indian automobile sector with its V8 SUV, the Lamborghini Urus. In a recent intervi...

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Syros Pharma begins first in-human trial of oral CDK7 inhibitor

Syros Pharmaceuticals, a leading biotechnology company focused upon developing medicines for controlling and altering expression of genes, recently announced that the first patient has been dosed in the clinical trial of SY-5609, with a potent (CDK7)...

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Nabis Holdings contemplates joint venture with Panaxia Pharmaceutical

Nabis Holdings Inc., is apparently thinking of inking a joint venture (JV) with the Israel company Panaxia Pharmaceutical Industries, Ltd. Reportedly, the MOU signed between the two companies mandates Panaxia to offer proprietary pharma grade cannabi...

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NantHealth & NantOmics launch AI platform for subtyping Lung Cancer

NantHealth, Inc., a personalized, evidence-based, next-generation healthcare company and NantOmics, LLC, one of the leading companies in molecular analysis, have reportedly launched an innovative AI platform for assisting pathologists in image-based ...

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Air France-KLM & JAL make bids to purchase stake in Malaysia Airlines

Air France–KLM S.A., one of the leading global air transport players, has reportedly made a proposal to invest in Malaysia Airlines and gain around 49 percent stake. Japan Airlines (JAL) is also looking to acquire a 25 percent stake in Mal...

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Accenture opens innovation center in South Beach Road office

Accenture, an Irish multinational professional services company, has recently opened a global innovation center within the Accenture’s office at South Beach Road, which is supported by EDB (Economic Development Board) in Singapore. It will pro...

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Verrica unveils positive data from VP-102 study in molluscum treatment

Findings from the study are being produced at the 17th Annual Winter Clinical Dermatology Conference in Kohala Coast The data indicated a considerable increase in the percentage of patients with lesion clearance in VP-102 group Verrica Pharmaceu...

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CBTS joins forces with Hawaiian Telcom to support enterprise clients

CBTS, one of the leading companies delivering cloud, communications, consulting, and infrastructure solutions to clients across North America, has reportedly partnered with Hawaiian Telcom to support its enterprise consumers across the state. Hawaii...

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EQRx to offer new and innovative medicines at affordable prices

Amidst all the recurring headlines of patients complaining about expensive medicines and treatments, EQRx, a novel biotechnology company, has comes up with plans to create novel, patent-protected drugs at affordable prices. Reportedly, EQRx is worki...

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Biotech firm Agenus to begin Phase 1 clinical trial with AGEN1223

Agenus Inc., a U.S. based immuno-oncology firm, has announced that it has started dosing its first patient with AGEN1223, a novel bi-specific antibody developed to reduce regulatory T cells in the tumor microenvironment. The initial dosing was conduc...

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DBV Technologies reports positive results of Viaskin Peanut study

  The biopharmaceutical firm reported positive results from the PEOPLE Phase-3 study of Viaskin Peanut in the children suffering from the peanut allergy. Patients produced long-term and durable clinical benefits with an additional two years...

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Fingerprints™ expand its portfolio with two new touch sensors

Fingerprint Cards AB (Fingerprints™) has seemingly dominated the biometrics industry with its unique and innovative products. However, in a move to utilize the vast untapped market of biometric access control, the company has recently announced...

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EPA contemplates new rule to curb pollution from heavy-duty trucks

The Environmental Protection Agency (EPA) is contemplating rigorous regulations to curb pollution—nitrogen oxide (NOx)— from heavy duty-trucks. Heavy-duty vehicles are believed to be the largest mobile source of nitrogen oxide which is no...

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Novan declares top-Line efficacy results from Phase 3 trials of SB206

B-SIMPLE2 trial was statistically considerable for numerous pre-specified sensitivity analyses. Similar assessments with B-SIMPLE1 showed reasonably supportive and consistence results of B-SIMPLE2. Novan, Inc., a clinical-stage biotechnology fir...

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CoinEx Chain Foundation launches community development Support Program

The CoinEx Chain Foundation has reportedly announced the launch of its Support Program, that is designed to lend support to institutions and individuals and to encourage community development. In each quarter, the Foundation would commit around thre...

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Google’s AI system reportedly capable of detecting breast cancer

Radiologists miss nearly 20% of breast cancer spotting in mammograms Google’s AI technology is developed with Alphabet Inc.’s DeepMind AI   As per a latest study, a novel AI technology developed by American multinational techno...

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Streaming service Spotify to apparently halt political ads in 2020

  Spotify will refrain from selling ads which are more likely to have legislative or judicial outcomes. The company will not control political ads embedded in for third-party podcasts. The world’s largest music streaming service Spot...

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Huawei claims to receive same treatment as other private firms in China

  Following a report by one of the official sources, the tech giant has reportedly cleared all commotions making it clear about its relationship with the Chinese government. Calls the relationship as “no different from any other privat...

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U.S. FDA gives nod to first generic version of Eliquis tablets

The U.S. FDA (Food and Drug Administration) has reportedly made headlines after it recently approved the first generic versions of Eliquis (apixaban) tablets in the U.S. The generic tablets are formulated to decrease the risk of stroke and ...

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BeiGene receives approval for REVLIMID® new drug application in China

BeiGene, Ltd., a China based biopharmaceutical company, that focuses on developing and commercializing immuno-oncology and molecularly targeted drugs to treat cancer, has reportedly announced that the NMPA that is National Medical Products Administra...

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Germany bans Uber from providing ride-hailing services in the country

After facing licensing woes in the UK, American ride hailing service provider, Uber has reportedly been banned by a German court from providing its ride-hailing services across Germany. The German court argued that the American firm lacks the licens...

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Eleusis evaluates potential of LSD in treating Alzheimer’s Disease

A clinal stage life science company, Eleusis recently announced results from the Phase 1 clinical trial of LSD (Lysergic Acid Diethylamide), demonstrating the potential of the orally administered low doses of the drug for the treatment of Alzheimer&r...

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Belantamab mafodotin shows positive ORR in a recent DREAMM-2 study

GlaxoSmithKline, a UK-based pharmaceutical company recently announced treatment of patients with heavily pre-treated multiple myeloma with belantamab mafodotin, an investigational agent. The study resulted in a clinically meaningful 31% ORR (overall ...

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Amazon receives final approval for development of HQ2 in Pentagon City

Amazon, the renowned American multinational technology giant, has reportedly received approval for the first phase of its HQ2 headquarters being built in Northern Virginia. Officials from the Arlington County Board collectively voted in favor of the...

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Biothera unveils updated data from Phase 2 mTNBC trial at SABCS

Biothera Pharmaceuticals, Inc., a renowned Minnesota based biotechnology company, reportedly announced that clinical benefit data and updated response from its Phase 2 study in chemo-refractory mTNBC (metastatic triple negative breast cancer) patient...

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argenx publishes positive results from efgartigimod Phase 2 ITP trial

argenx, a renowned Netherlands based biotechnology firm, reportedly announced the publication of outcomes from the assessment of its FcRn antagonist, efgartigimod, in a Phase 2 ITP clinical trial, in the American Journal of Hematology. Wim Parys, M....

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KCV inks composite assembly manufacturing deal with Carestream Health

Kaman Composites Vermont, also known as KCV and a subsidiary of Kaman Corporation, a renowned aerospace company, reportedly announced a manufacturing contract with Carestream Health, an independent subsidiary of Onex Corporation. Under this agreemen...

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AgraFlora announces acquisition of outstanding shares of Sanna

  Under the agreement terms, the company is required to pursue the acquisition of 100% of Sanna’s outstanding shares. The acquisition is anticipated to amplify the production capacity of AgraFlora to two times the current production by...

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NantKwest announces Phase 1 results of PD-L1.t-haNK cell therapy

NantKwest Inc., a U.S.-based clinical-stage immunotherapy company, has reportedly announced encouraging safety data generated from the first six patients in its QUILT-3.064 clinical trial. The study is conducted to access the preliminary efficac...

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Twitter launches a central hub for privacy and data protection info

  New website will host information on Twitter’s new privacy products and announcements Twitter is also looking to change its current data protection and privacy terms Twitter has recently launched a new website called Twitter Privac...

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EESL & REIL acquire substantial orders for EV charging stations

Rajasthan Electronics & Instruments Ltd, a state-owned prominent leader in electronics industry and Energy Efficiency Services Ltd, a joint venture of state-owned NTPC LTD, POWERGRID, Power Finance Corp., and Rural Electrification Corp., have obt...

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Chugai to sell C&C Research Laboratories stake to JW Pharmaceutical

Japan’s research-based pharma company, Chugai Pharmaceutical Co., Ltd. has recently made it to headlines when it agreed to change the equity structure of C&C Research Laboratories (C&C), a Korean joint venture which it fo...

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Clover Biopharmaceuticals closes $43 million Series B investment round

Clover Biopharmaceuticals, a renowned research-based, clinical-stage biotechnology firm, reportedly announced that it has closed a $43 million Series B investment round. The investment round was led by Lapam Capital and Delos Capital, with Sichuan H...

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TFF Pharmaceuticals commences Phase 1 clinical trial for Voriconazole

TFF Pharmaceuticals, Inc., claims that it has initiated Voriconazole Inhalation Powder’s phase 1 clinical trial —Voriconazole’s inhaled dry powder version that is direct-to-lung and complements next-generation version. When it comes...

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Harpoon Therapeutics & AbbVie sign HPN2017 license agreement

Clinical-stage immunotherapy firm Harpoon Therapeutics & biopharma company AbbVie Inc have reportedly announced a collaboration to obtain a global license for HPN217. HPN217 is a BCMA (B cell maturation antigen) - targeting Tri-specific T cell Ac...

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LabCorp and QIAGEN extend QCI license deal to strengthen relationship

QIAGEN N.V., a leader in molecular diagnostics and pharmaceutical research, recently revealed a new agreement with North Carolina based LabCorp® to extend its Clinical Insights (QCI) license with its Human Gene Mutation Database (HGMD). As per r...

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Lineage Logistics acquires Emergent Cold to strengthen market presence

The acquisition would strengthen Lineage’ strategic presence across Asia-Pacific.   It will also add 46 facilities in Australia, United States, Sri Lanka, Vietnam and New Zealand. Lineage Logistics Holdings LLC, one of the leading pr...

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BeiGene’s BRUKINSA wins accelerated approval from the FDA for MCL

BRUKINSA is the first product from BeiGene to get approval from the FDA   84% of patients who are talking BRUKINSA have achieved an ORR BeiGene, Ltd., a biopharmaceutical firm focused on the development and commercialization of innovative ...

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Deciphera to present data from DCC-3014 trial at CTOS annual meet

The ongoing clinical trial of DCC-3014 have shown preliminary anti-tumor activity.    DCC-3014 validates emerging tolerability profile with no Grade 3 or Higher TEAEs.   Encore presentation of data from the INVICTUS Pivotal Phase...

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Roches risdiplam meets primary endpoint results in phase 3 trial

Spinal muscular atrophy (SMA) is a genetic neuromuscular condition, affecting approx. 1 in 6,000 babies born globally each year. Numerous healthcare companies throughout the world are putting their best foot forward to develop an effective ...

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Disney+ all set for a March 2020 launch in the United Kingdom

The entertainment behemoth is launching its much-awaited streaming platform.   Release of more than 300 movies is on the cards. Disney has finally asserted that new streaming service Disney+ will be rolled out soon in the U.K. Disney+ goes...

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AB Science receives Orphan Drug Designation from the FDA for AB8939

AML (acute myeloid leukemia), a severe, life-threating disease that is one of the most common causes of cancer-related death. Common treatment options for this condition includes stem-cell transplants, chemotherapy and other drug therapy. However, wi...

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Adidas collaborates with ISS for product research development in space

  The brand will use microgravity to test its products in the space Adidas will be the first brand to test footwear products outside the earth Adidas reportedly announced that it will ink a multi-year collaboration with the International S...

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RigNet enters into strategic agreement with BP for Intelie Live

Intelie Live facilitates visualizations for internal teams to offer real-time operating condition across a broad range of configurations and equipment type.  RigNet, a leading supplier of ultra-secure, intellectual networking solutions, ha...

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Tractus Vascular receives 510(k) clearance for its TractusTM CSC

Vascular diseases are commonly termed as any abnormal condition that arises in the blood vessels (veins and arteries) which can lead to severe disability or death. Currently, there are several treatment alternatives for this condition, but sever...

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Zoetis acquires veterinary diagnostic service provider Phoenix Lab

Zoetis acquires veterinary diagnostic service provider Phoenix Lab The global veterinary diagnostics market, including point-of-care diagnostics and reference laboratories, is estimated to be worth $4 billion, with a compound annual growth rate of a...

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TSI finalizes Phase 2 Study Protocol in Myocardial infarction

Myocardial infarction (MI), commonly known as heart attack, occurs due to decrease in blood flow that damages heart muscles. Currently, MI treatment varies from making changes in lifestyle to medication and bypass surgeries. However, various pha...

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FDA BRUDAC panel backs Agile Therapeutics’ Twirla contraceptive patch

Agile Therapeutics, Inc., a renowned New Jersey based women’s healthcare and pharmaceutical company, has reportedly announced the positive outcome of a recent U.S. FDA Bone, Reproductive and Urologic Drugs Advisory Committee (BRUDAC) meeting he...

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Fiat Chrysler and PSA Group amid talks for a potential merger

Factors like global economic slowdown as well as increasing shift towards autonomous driving and electrification has forced automakers to join forces and share expenses for product R&D and manufacturing. One such instance was seen recently when ...

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Uber set to grow its presence into financial services with Uber Money

Uber is no longer a company that focuses solely on ridesharing services. The company is said to be working on various technologies like urban air transport and self-driving vehicles. It has also ventured into the food delivery sector, helping people ...

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UK MHRA assigns PIM status to ReveraGen’s Vamorolone as a DMD therapy

Duchenne muscular dystrophy (DMD) approximately affects 1 in every 3,500 male births every year in the world. several biopharmaceutical and biotechnology firms across the globe are increasingly working towards the discovery and development of novel t...

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ASM announces launch of Checksome™ to advance patient safety

Blockchain has grown to become an ingenious invention and has built the backbone for a new type of internet, which is originally devised for digital currencies and bitcoin. However, several tech companies have found other potential for this technolog...

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Abeona Therapeutics unveils positive data from trial for RDEB therapy

Various hereditary disorders and diseases are increasingly growing across the world which need to be treated effectively. Global pharmaceutical firms are increasingly working towards finding novel solutions to address the ever-increasing occurrence o...

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Sun Pharma unveils CEQUA in the US to treat dry eye disease patients

Leading specialty generic pharmaceutical company Sun Pharmaceutical Industries Ltd has reportedly announced the launch of CEQUA (cyclosporine ophthalmic solution) 0.09% in the US by one of its subsidiaries. The drug will evidently be used to increas...

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Topcon partners with IBM for Merge Eye Station and Eye Care PACS users

Ophthalmic device usage and production are projected to witness an exponential growth in the near future due to the growing prevalence of eye conditions. Various pharmaceutical firms across the world are increasingly turning towards the usage of opht...

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Gilead, Galapagos reveal FINCH 1 & FINCH 3 trial results of Filgotinib

Autoimmune diseases are on a rise in today’s fast-paced world. Rheumatoid arthritis (RA) is one such clinical condition in which a patient’s immune system attacks its own tissue, including joints. In many cases, the disease ends up a...

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US senator pleas investigation over TikTok’s Musical.ly acquisition

Musical.ly is a social media service which was released in 2014 in Shanghai and is incorporated in Santa Monica, California. The service was acquired by ByteDance and has been operating as TikTok for overseas markets. However, the viral social media...

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Midatech initiates Phase 1 trial of a new hormonal cancer therapy

Cancer treatment is one of the biggest challenges for the 21st century. There have been many advancements in the field of cancer treatment over the past few years. Clinical trial indeed plays a pivotal role in discovering new drugs, especially for tr...

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DISH Network inks Multi-Year Carriage Agreement with Fox Corp.

Sports channels are one of the few types of TV broadcasts that people prefer live. No channel is more vital to sports fans than a regional sports network that views their favorite teams. However, a dispute emerged recently between Dish Network and Fo...

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Zydus reveals positive data from EVIDENCES IV phase 2 clinical trial

Non-alcoholic Steatohepatitis (NASH) is a progressive disease which can ultimately lead to cirrhosis and liver failure. Liver transplantation is the only treatment for managing advanced cirrhosis with liver failure. There are currently no U.S. Food a...

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Noxxon reveals results from PHASE 1/2 trial of NOX-A12/KEYTRUDA®

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CVS Pharmacy suspends sale of Zantac and CVS brand ranitidine products

Lately, Carcinogens have found their way into the generic drug supply of the United States. In 2018, FDA found NDMA, a probable carcinogen for humans, in the widely-used valsartan tablets due to the impurities it had in it.  A similar case deve...

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GM to feature Alexa in its vehicles to control the infotainment system

Modern vehicle infotainment systems are more complex than ever, with numerous features like maps, social media access as well as video streaming from different platforms, these systems are no less than a smartphone. Today, these systems use AI to int...

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Salarius obtains dose-escalation milestones for its Seclidemstat trial

sarcoma is a type of bone cancer that can also appear in fat, muscle, deep skin tissues, blood vessels, tendons, ligaments and cartilage. Moreover, there are over 70 types of sarcoma, with each treatment varying from the other, depending on...

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Ipsen reveals promising results from a Phase IIIb/IV ENGAGE trial

limb spasticity is a disorder that hampers the movement of the arms by stiffing the muscles. Spasticity is a result of the body’s damaged nervous system, which generally occurs due to disease, injury or stroke. Several pharma com...

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FreightCar America forms new railcar production JV with Fasemex

Despite ongoing geopolitical tensions, Mexico is still the primary trading partner for the United States. Owing to the wide-scale presence of skilled and affordable workforce, Mexico is ideal for enterprises looking to optimize operations and attain ...

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Knopp posts data of KB-3061 working on KCNQ2 Epileptic Encephalopathy

KCNQ2 epileptic encephalopathies is a serious type of neonatal epileptic condition which manifests in newborn children during the first week if their lives. This disease is being addressed by various pharmaceutical companies across the globe trying t...

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Novo Nordisk and Medtronic team up to offer digital diabetes solutions

With growing population of diabetic patients, diabetes management is becoming a daunting activity. Sugar level management and insulin injections tracking is a difficult work. Thus, leading pharmaceutical companies are collaborating with medical devic...

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Akesis unveils its advanced Galaxy™ RTi and Gemini360 at ASTRO 2019

The healthcare company will showcase its drugs in the ASTRO annual meeting 2019 that could help offer improved efficiency and confidence in treatment delivery. Akesis, Inc., a hospital and healthcare company based in the U.S. that offers innovative...

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Adverum reveals positive results from Phase 1 trial of ADVM-022

The drug was well tolerated and was safe, and has shown the capacity to improve the treatment paradigm for patients with wet AMD. Adverum Biotechnologies, Inc., a company that develops medical therapies for ocular and rare diseases, recently announc...

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Apple initiates new medical studies focusing on various health issues

The company plans to join various institutions in order to accomplish its new medical studies which focus on hearing, women’s health and mobility. Apple Inc., a multinational tech company, has recently announced that it is planning to run ...

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Ford to launch eight new electric vehicles across Europe this year

Electric variants of the company’s Puma and Kuga SUVs as well as the Mondeo sedan will be the new launches in Europe.   The company also plans to unveil nine more electric vehicles across Europe by 2024. Ford Motor Co, American multi...

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Coca-Cola Amatil unifies its alcohol, coffee & soft drinks businesses

The company’s Australian business will return to growth in 2020 and will likely help realize its mid-single-digit profit growth targets. Coca-Cola Amatil Ltd. (CCA), the leading bottlers of ready-to-drink non-alcoholic beverages, is ...

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Prudential plans to acquire U.S. based tech startup Assurance IQ

The insurance company has signed a deal with Assurance IQ for $2.35 billion and is willing to pay extra $1.15 billion in equity and cash. Prudential Financial, Inc., a Fortune 500 company that offers investment management, insurance and other financ...

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Inhibrx enrolls its first patient of Phase 1 trial of INBRX-101

INBRX-101 is built to provide greater clinical activity to pdAAT by offering sustained improved concentration of plasma within a less frequent, regimen of monthly dosing.     Inhibrx anticipates to unveil preliminary functional ph...

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Sony plans to release next-generation of NUCLeUS for hospitals

The electronics giant is looking forward to putting forth the next-generation of its Smart Imaging Platform to offer hospitals a streamlined digital imaging work-flow. Sony, the leader in electronics for the professional and consumer markets, report...

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Telix Pharmaceuticals announces launch of Renal cancer imaging study

The pharmaceutical company declared the completion of CTN submission to Japanese PMDA for TLX250-CDx. It is permitted to conduct Phase trials for renal cancer patients. Australia based clinical-stage biopharmaceutical firm Telix Pharmaceuticals ...

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Bio-Path begins patient dosing in amended Phase 2 Prexigebersen trial

The trial focuses on the effects of Prexigebersen when combined with Decitabine and Venetoclax on AML patients. Bio-Path Holdings, Inc., a biotechnology company renowned for creating therapeutic nucleic acid anticancer drugs, has recently announced ...

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CStone announces 1st dosed patient in China for advanced GIST trial

Leading biopharmaceutical expert CStone Pharmaceuticals has reportedly announced the first person in China to be dosed for the Phase I/II bridging trial of Avapritinib, discovered by Blueprint Medicines, a partner of CStone. This China-based standal...

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Veeva, MuleSoft launch MuleSoft Connector for Veeva Vault

The latest product integration would bolster Veeva’s track record of innovation for joint Salesforce customers. Veeva Systems Inc., a cloud-computing company that focuses on life sciences industry, and MuleSoft, LLC. have recently developed&nb...

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MoA Technology targets herbicide resistance crisis & raises $8 million

MoA Technology has created three platforms: MoA SELECTTM, MoA TARGETTM and MoA GALAXYTM, which would work together for effective herbicide creation.   MoA Technology is borne out of Oxford University research is aimed at inhibiting herbicide...

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Trump refuses to forge deals with Huawei citing national security

Donald Trump declares the business with Huawei as a national threat and hence forth has declined all the business opportunities with the company.   The existing contract of the Commerce Department is expected to end sooner. The United Stat...

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Trovagene to unveil key study data at APAC Prostate Cancer Conference

Data from the Phase 2 Onvansertib clinical trial will be presented at the 20th Prostate Cancer Conference.   The trial assesses the efficacies of Onvansertib on patients with Metastatic Castration-Resistant Prostate Cancer. Trovagene, a cl...

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Amazon India unveils Marketplace Appstore to offer business solutions

The platform would allow sellers to search for applications that help them automate, grow and manage their business as well as connect developers with retailers. E-commerce giant, Amazon.com, Inc. has recently unveiled The Amazon Marketplace Ap...

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Lenovo launches new ThinkSystem SR635 & SR655 single-socket servers

The new servers will offer businesses with performance of a dual-socket server at the price of a single-socket. Chinese multinational conglomerate, Lenovo has recently revealed its new ThinkSystem SR655 and SR635 server platforms, two of the most p...

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Novartis backs Zolgensma® to treat spinal muscular atrophy in children

Zolgensma is specifically designed to be given to children below the age of two years with SMA.   The FDA acknowledged that there were data integrity issues with Zolgensma’s Biologics License Application. The U.S. Food and Drug Admin...

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Alkahest reveals positive outcomes from Phase 2 study of GRF6019

The study cites that dosing with GRF6019 were harmless and well-tolerated in patients with Alzheimer’s disease dementia (AD). Alkahest, Inc., a clinical-stage biopharmaceutical company focused on researching and creating transformative therapi...

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Precigen Inc. doses first patient in study of advanced cancer therapy

PRGN-3005 UltraCAR-T is a type of multigenic CAR-T cell therapy which utilizes Precigens advanced non-viral gene delivery system Precigen Inc, a biopharmaceutical company and a wholly owned subsidiary of Intrexon Corporation, has recently confirmed ...

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SELLAS doses first patient in study of GPS and KEYTRUDA® combination

The trial involves patients diagnosed with acute myeloid leukemia and colorectal, ovarian, triple negative breast and small cell lung cancers. SELLAS Life Sciences Group, Inc., a biopharmaceutical company focusing on the development of cancer immun...

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U.S. National Telemedicine debuts telehealth service DocTalkGo

DocTalkGo is a third-party tool which provides various telemedicine healthcare options in the U.S. Sole telemedicine weight loss entity of U.S. has recently launched a telehealthcare service dubbed DocTalkGo. According to sources, the platform aims ...

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nVent to acquire Eldon Enclosures business for USD 130 million

nVent plans to augment digital and modular capabilities to provide customers with customizable solutions with the new acquisition. UK-based nVent Electric company, a global leader in innovative electrical solutions, recently announced having entered...

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Pfizer plans to merge with Mylan, will create an off-patent drug giant

Mylan holds a market value worth $9.5 billion and has witnessed almost 50% fall in its shares over the last year Pfizer Inc., a multinational pharmaceutical company based in America, reportedly plans to combine its off-patent unit, that includes Via...

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Merck unveils Phase 2b results of investigational HIV-1 therapy

New findings come from evaluation of Doravirine combined with Islatravir versus DELSTRIGO.   The company plans to start Phase 3 trials soon. Merck & Co., (Merck), a leading biopharmaceutical company known as MSD across the globe except...

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Ascentage to commence U.S. trials of HQP1351 in TKI resistant leukemia

The Phase 1b clinical trial can accelerate HQP1351’s clinical development program globally Ascentage Pharma, a biotechnology company that is involved in the development of novel therapies for hepatitis B virus, age-related diseases and cancers...

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Ambrx partners with Bristol-Meyers to initiate Relaxin clinical trial

Ambrx will receive additional development payments with Bristol-Meyers’ initiation of the Phase 1 clinical trial for Relaxin Ambrx Inc., a biopharmaceutical company focused on developing protein therapeutics, has recently announced that Bristo...

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LifeSpan Bio acquires Everest Biotech to expand reagent portfolio

The transaction will be LifeSpan BioSciences’ second investment this year following its Nordic-MUbio acquisition LifeSpan BioSciences (LSBio), a provider of life science research reagents and antibodies, has recently announced that it has acqu...

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AbbVie buys Mavupharma to target STING pathway for cancer treatment

AbbVie Inc., a US-based pharmaceutical company recently announced acquisition of Mavupharma, a Seattle-based biopharmaceutical company, which is focused on innovative strategies to target the STimulator of INterferon Genes pathway for the treatment o...

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Motorola Solutions buys WatchGuard to expand video security portfolio

WatchGuard’s solutions allow law enforcement users to manage high-quality video evidence Motorola Solutions, Inc., the US based data communications and telecommunications equipment provider, has recently announced the acquisition of WatchGuard...

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Cara begins Phase 2 trial of pruritus treatment in dermatitis patients

The study is formulated to evaluate the safety and efficacy of Oral KORSUVA for moderate to severe pruritus Biopharmaceutical firm Cara Therapeutics Inc. has reportedly announced the initiation of their Phase 2 trial of Oral KORSUVATM for pruritus t...

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Prestige BioPharma inks two new deals for its biosimilar trastuzumab

The company would be able to supply and commercialize its biosimilar across Russia under the latest of the two deals.   The second deal, meanwhile, gives Prestige access to certain parts of Europe. Prestige BioPharma (Prestige), a renowned...

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Froneri to acquire Noga Ice Creams from Nestle owned Osem Group

Though financial details about the deal have not been disclosed, experts opine that it will amount to tens of millions of euros. Froneri, the renowned ice cream manufacturer, reportedly entered the Israeli market by acquiring Noga Ice Creams Limited...

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Onco360® to be specialty pharmacy partner for Karyopharm’s XPOVIO™

Onco360 will be able to support specialized needs of RRMM patients and their physicians across all the U.S. states The largest independent oncology pharmacy in U.S., Onco360 recently announced that Karyopharm has selected the company as a new specia...

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Iovance Bio updates cervical cancer program data post FDA meeting

The innovaTIL-04 study is anticipated to register a total of 75 to 100 patients with the aim to support a BLA submission Reports confirm that Iovance Biotherapeutics, Inc., a biotech company, has recently provided update regarding the regulatory pat...

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Telix, Grupo RPH ink production & distribution agreement in Brazil

The agreement gives Grupo RPH exclusive right to manufacture and distribute the TLX591-Cdx in the Latin American market Clinical-stage biopharmaceutical firm Telix Pharmaceutical has reportedly signed a manufacturing and distribution agreement with ...

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Strides Pharma inks deal with Arrow Pharma to sell Australian business

It had earlier informed it will withdraw its investment in Arrow Pharmaceuticals for an agreed price of AUD 394 million Reports confirm that Strides Pharma Science, a Bangalore based pharmaceutical company, has recently announced that its subsi...

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AVITA’s RECELL® System trial on DFU patients yields favorable results

The 26-week observational study included 16 subjects at three different hospitals in the UK Global regenerative medicine company AVITA Medical has recently announced that their open-label study of the latest RECELL® System, conducted on 16 subje...

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Accenture to partner with Mujin on digital transformation of logistics

The companies will combine their solution and insights to improve manufacturing productivity Accenture, a multinational services company, recently announced that it is going to collaborate with Mujin, manufacturer of industrial robot controller, in ...

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Fushida teams up with Hero Cycles for cycle valley project in India

The Hero Cycles project is scheduled to start manufacturing operations from October 2020 Global bicycle giant Fushida Group has recently announced its partnership with Hero Cycles for a ₹210 crore worth project in the hi-tech cycle valley of ...

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Ziopharm concludes enrollment in IL-12 & nivolumab combination trial

Controlled IL-12 platform from Ziopharm is an investigational gene therapy designed to control and induce human interleukin 12 production Ziopharm Oncology Inc, a company that focuses on developing cell therapies and immune-oncology gene, recently a...

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NantKwest unveils first-in-human Phase 1 trial of its NK cell therapy

PD-L1 t-haNK is a natural killing cell-based immuno-oncology therapy which includes Chimeric Antigen Receptor (CAR) based on PD-L1 NantKwest, leading company in clinical-stage immunotherapy that develops activated natural killer cells (NK) to treat ...

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Beauty retailers fall after Amazon unveils professional beauty store

E-commerce giant Amazon recently announced the launch of Amazon Professional Beauty Store, intended to sell beauty products used by licensed stylists, beauticians & barbers. Followed by the announcement, shares of many specialized beauty retailer...

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Parexel unveils new integrated FPS model to boost clinical research

Parexel stands as a pioneer in the delivery and development of a wide range of FSP, with full and flexible clinical development services Parexel, a leading global provider of biopharmaceutical services and innovative therapies, recently announced t...

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Delta Air Lines buys 4.3% interest in Korean Air’s owner Hanjin Kal

The agreement is strategically important for Delta to expand outside the U.S. market Delta, a major American Airline, recently announced that it has acquired a 4.3% stake in Hanjin Kal Corp., the parent company of Korean Air Lines Co Ltd., which is ...

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UnitedHealth’s bid for DaVita Medical gets conditional FTC approval

Within forty days of closure of the acquisition, UnitedHealth Group would divest DaVita Medical Group’s healthcare provider in Las Vegas UnitedHealth Group has reportedly been granted approval by the Federal Trade Commission for its $4.3 billi...

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Rocket Pharma doses first patient in Phase 1 study of Danon treatment

RP-A501 gene therapy can make a significant difference in patients who are suffering from Monogenic Heart Failure Syndrome Rocket Pharmaceuticals Inc, a multi-platform clinical-stage gene therapy company based in the U.S., recently announced that th...

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Peraton to acquire innovative IT solutions provider Solers Inc.

Virginia-based Peraton, a defense and intelligence contractor owned by private equity firm Veritas Capital, reportedly announced that it has signed a definitive agreement to acquire Solers Inc., a leading provider of software development and cybersec...

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Forty Seven publishes data on Phase 1b/2 clinical trial of 5F9

A clinical-stage immune-oncology company, Forty Seven, Inc., that works to develop therapies targeting cancer immune evasion pathways, has revealed clinical data from Phase 1b/2. The company is evaluating a new drug combination of Recombinant Human A...

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FDA grants orphan drug tag to NuCana’s biliary tract cancer treatment

NuCana is on its way to open a Global Phase III study of Acelarin in combination with cisplatin for patients who are suffering from the disease in 2019 NuCana plc recently announced that it has received Orphan Drug Designation for Acelarin, an inves...

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Coinbase expands its cryptocurrency debit card to 6 more EU countries

Users are able to spend cryptocurrencies such as Ethereum, Litecoin and Bitcoin in any store or online platform where merchants accept Visa Coinbase, a California based digital currency exchange, recently announced the launch of its crypto debit car...

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FDA gives nod to chemoimmunotherapy for patients suffering from DLBCL

Polivy is an innovative antibody-drug conjugate developed with an intention of targeting specific cells Reports confirm that the US Food and Drug Administration has awarded accelerated approval to Polivy (polatuzumab vedotin-piiq), for use in combin...

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Dance Biopharm unveils positive Phase 2 trial data for inhaled insulin

The new data further supports the potential of Dance 501 inhaled insulin in Type 2 diabetes patients Dance Biopharm Holdings, Inc has recently presented Phase 2 Samba 04 clinical study results for its preservative free inhaled human insulin, Dance 5...

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Takeda Pharma unveils new TOURMALINE-AL1 Phase-3 clinical trial update

· The company announced that the clinical trial failed to fulfil the first of the two preestablished endpoints. · Citing the result of the analysis, Takeda Pharma has decided to permanently halt the trial. Takeda Pharmaceutical Compan...

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Walmart partners with MediLedger to track pharmaceutical supplies

MediLedger is preparing to launch its pilot alongside the U.S. FDA to try and reach the 2023 target to deliver a digitized system for tracking and verifying prescription drugs. Global retail giant, Walmart Inc. is reportedly expanding its block...

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REGENXBIO announces completion of phase I/IIA RGX-314 clinical trial

Every subject received one dose of RGX-314 managed by subretinal delivery. The leading clinical-stage biotechnology company REGENXBIO Inc. has recently announced that it has finished dosing across all 5 cohorts in the Phase I/IIa medical trial of RG...

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Eve & Co confirms second German supply deal for sale of dried cannabis

It expects to begin shipments following the estimated Q2 2019 completion of its 780,000 square foot greenhouse extension Eve & Co has recently announced that Natural MedCo Ltd, its wholly owned subsidiary has entered into a second binding non-ex...

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CA-based XStream Trucking bags $10.5 million in Series A funding

The investment will be used to enhance XStream’s ability to deliver better fuel-efficiency to the U.S. trucking industry by means of innovative hardware & software solutions. Renowned vehicle design & engineering company, XStream Truck...

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Treos Bio announces results from trial of precision cancer vaccine

Preliminary outcomes of the first part of the study have been made available and results of the second part are anticipated to be published in the third quarter of this year. The immuno-oncology company Treos Bio Ltd. has reportedly announced the po...

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TaniGroup raises $10M in a funding round led by Openspace Ventures

TaniGroup runs an agriculture marketplace called TaniHub, and peer-to-peer lender named TaniFund. Indonesia-based TaniGroup has reportedly raised $10 million in Series A funding round which was led by Openspace Ventures in the latest deal in the ag...

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Google to shut down the standalone YouTube Gaming App on May 30

The application was launched back in 2015 and was Google’s attempt to with the growing popularity of Twitch. The decision to shut down the standalone application comes as the company has already moved the app’s features to the original...

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Novartis grants milestone payment to Cadent for Phase 2 MIJ821 trial

MIJ821 is a potent and selective NMDA receptor modulator being developed for the treatment of treatment-resistant depression Cadent Therapeutics, a precision neuroscience company, has recently announced that it has received the second milestone paym...

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89bio reports positive data from Phase 1 clinical trial of BIO89-100

A clinical-stage biopharmaceutical company, 89bio LTD that focusses on NASH (nonalcoholic steatohepatitis), liver and other metabolic disorders, recently announced positive results from Phase 1 SAD (single ascending dose) study on healthy volunteers ...

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UDG Healthcare acquires Incisive Health and Putnam Associates

Both acquisitions are good cultural & strategic fit and meet the company’s financial hurdle rates while further expanding its current capabilities. UDG would be financing both transactions from its existing cash & debt facilities. ...

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SpringWorks begins Phase 3 trial of desmoid tumor treatment in adults

The company is looking forward to enrolling patients with desmoid tumors to confirm the clinical benefits of nirogacestat SpringWorks Therapeutics, a clinical-stage biopharmaceutical company, has reportedly announced the beginning of Phase 3 “...

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Exelixis & Iconic Therapeutics ink exclusive license and option deal

The exclusive license & option agreement has been signed for a new Antibody-Drug conjugate program.   The program, named ICON-2, specifically targets Tissue Factor and would have a potential broad impact on oncology. Exelixis, Inc., (E...

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JD.com invests $55 million to foster connected vehicle fleets

The launch of logistic service has begun to reap early rewards regarding cost saving. The long-time rival of Alibaba and Amazon, JD.com, has reportedly announced to invest 376 million yuan (around $55 million) in Jiangsu Xinning Modern Logistics to ...

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Vodafone to sell NZ business to Infratil Brookfield in US$2.36B deal

Vodafone is seeking to consolidate its businesses in New Zealand and Australia It had tried to sell Vodafone NZ to satellite TV provider Sky Network in 2017 Reports confirm that Vodafone Group Plc, the British multinational telecommunications congl...

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SK Telecom partners with Microsoft on 5G, AI and cloud technologies

Microsoft and SK Telecom have reportedly signed a business partnership in February for cooperation in the smart factory business. SK Telecom recently announced that it has signed a memorandum of understanding (MoU) with Microsoft, the American techn...

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Netflix acquires StoryBots to bring educational content to kids

Season 3 of “Ask the StoryBots” would be launched on Netflix in the fall. The American media services provider Netflix Inc. has reportedly announced that it has acquired StoryBots, children's educational media franchise, to bring ed...

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China startup Megvii secures $750m funding for AI-powered solutions

The round brings Megvii’s valuation to more than $4 billion ahead of a planned initial public offering (IPO) in Hong Kong Reports confirms that Megvii Technology, a Chinese artificial intelligence provider also known as Face++, has recently se...

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Merck unveils Phase 3 data for BELSOMRA C-IV in treatment of insomnia

It is the first dedicated Phase 3 polysomnography study for the treatment of insomnia in people having mild-to-average Alzheimer’s disease and dementia Pharmaceutical company Merck, also known as MSD outside Canada and the United States, has r...

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Unichem Lab gets tentative nod from USFDA for hydrochloride medicines

These tablets are indicated for nasal decongestant and antihistamine Unichem may produce and market the generic drug products after approval Reports confirm that Unichem Laboratories has been granted a tentative ANDA approval by the United States F...

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Roche, Bio-Techne extend collaboration over mRNA ISH tissue analysis

Roche’s new detection kits have more translucent dyes which are suited for mRNA ISH co-localization studies Swiss healthcare company Roche has recently announced that it has expanded its collaboration with Bio-Techne by providing drug discover...

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Esperion confirms FDA acceptance of two NDAs for regulatory review

The NDAs are for oral therapies developed as medication for patients with raised LDL-C who require additional LDL-C lowering Esperion has recently announced that the U.S. Food and Drug Administration has officially accepted both bempedoic acid &...

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Sinclair to buy 21 Disney Sports networks in a deal worth over $10bn

Sinclair Broadcast Group, the American telecommunications giant, has reportedly reached a deal worth over $10 billion in order to purchase as many as 21 regional sports networks from the entertainment conglomerate, The Walt Disney Company. The lates...

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Innovation Pharma obtains FDA guidance for Brilacidin Phase 3 program

Brilacidin oral rinse is supposedly being developed as part of FDA Fast Track designation for Oral Mucositis Reports confirm that Innovation Pharmaceuticals, a clinical stage biopharmaceutical company, has recently received End-of-Phase 2 meeting mi...

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TAQAs ADC to acquire Middle East drilling rigs of Schlumberger

The acquisition has followed on from fast-tracked expansion activity of ADC in 2018. Saudi Arabia's Industrialisation and Energy Services Company (TAQA), has reportedly announced that Arabian Drilling Company (ADC), its drilling subsidiary, has ...

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Belite Bio’s IND for LBS-008 gets FDA approval for Phase 1 trial

Drug development company, Belite Bio’s Investigational New Drug application for LBS-008 (BPN-14967), developed to treat AMD and Stargardt disease, has reportedly been approved by the U.S. Food and Drug Administration.  As per trusted sour...

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Xcel Energy acquires two wind farms in South Dakota & Minnesota

The move comes as part of Xcel’s strategic plans to deliver 85% carbon-free electricity in the Upper Midwest region by 2030. U.S. electric services company, Xcel Energy Inc. has recently completed the purchase of two wind energy projects ...

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Leeward successfully completes full-scale repowering of Mendota farm

Through the farm’s construction phase, Leeward managed to generate close to 250 jobs. North American renewable energy company Leeward Renewable Energy has apparently completed the full-scale repower of the Mendota Hills Wind Farm. If reports a...

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Cortexyme launches GAIN Trail to study COR388’s effects on Alzheimer s

Cortexyme, Inc. has reportedly launched the GAIN Trial, a worldwide Phase 2/3 clinical trial of COR388, the company’s lead investigational drug, in patients suffering from mild to moderate Alzheimer’s disease. The first wave of trial site...

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BASF, Qatargas ink technology license deal for new LNG trains in Qatar

BASF aims to support Qatargas in achieving its sustainability targets by offering its technologies Gas treatment and gas removal technology play a vital part in LNG production Reports confirm that Qatargas Operating Company Ltd., which is headquart...

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Quanta’s SC+ HFT results published in Hemodialysis International

The results from the SC+ HFT with patients as well as healthcare professionals prove that SC+ is easy to use even with a significant learning decay period and minimal training. UK-based medical technology company Quanta Dialysis Technologies Ltd., h...

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Otonomy begins OTO-313 Phase 1/2 clinical study for tinnitus patients

Results from the trial are expected in the first half of 2020 and the information would be used to design and plan any further clinical development Biopharmaceutical firm Otonomy, Inc., has reportedly initiated the Phase 1/2 clinical trial of OTO-31...

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Mozilla adds option on Firefox to block hidden cryptomining scripts

The browser would leverage a new blacklist of websites which are recognized as using scripts for cryptomining or fingerprinting Reports suggest that Firefox’s upcoming release would provide users the option to block two increasingly common nui...

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RealNetworks to integrate SAFR™ with live video management software

SAFR™ for Security delivers high-performance and has remarkably accurate facial recognition to help security teams in protecting facilities, people and assets more effectively RealNetworks, Inc., a leading digital media services and software c...

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I-Mab and Jiangsu Nhwa collaborate with Biodextris and Ann Romney CND

The strategic partnership is aimed at jointly developing a new immuno-stimulatory therapy for certain neurologic disorders. I-Mab Biopharma, a Shanghai-based biotech company, along with the CNS (Central Nervous System) drug development company Jiang...

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Vattenfall, Boliden ink deal for electrification of mines, smelters

The companies will develop business solutions that include solar panels, batteries, recycling of new generation car batteries and electric transport Reports confirms that Vattenfall and Boliden have entered into an agreement to jointly assess the te...

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Grow Biotech, IPS Specials join forces to offer medicinal cannabis

A joint venture will combine IPS Specials’ abilities as a licensed pharma importer with medical cannabis expertise of Grow Biotech Reports confirm that IPS Specials and Grow Biotech will ink a joint venture agreement for creating a new firm th...

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Innate Pharma features innovative cancer immunotherapies at AACR 2019

New data describes that a combination of Innate’s anti-CD39 monoclonal antibody and ATP-inducing oxaliplatin had enhanced the control of tumor growth Innate Pharma has reportedly announced that new preclinical data from the innovative portfoli...

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FDA’s new mammography proposal to help enhance diagnosis accuracy

The FDA (Food & Drug Administration) has reportedly proposed a new rule that would require mammography providers to inform female patients with dense breast tissue about the fact that the condition may impact the accuracy of their mammograms. The...

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WatchGuard establishes office in Noida, India to expand R&D operations

This office signifies the latest investment from the company into its aggressive IT Development initiatives   An important focus for its team would be for driving the R&D for new WatchGuard Cloud platform features WatchGuard Technologi...

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NuMSP announces acquisition of Corporate Technologies Boise business

The company is looking to provide services nationwide with efficient scale and resources to deliver advanced IT services to SMBs NuMSP, one of the leading national managed service providers (MSP) which offers cybersecurity and IT solutions in the ma...

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Bettcher Industries to buy renowned manufacturing company Cantrell

Bettcher Industries Inc. has reportedly announced its acquisition of the U.S.-based Cantrell, which manufactures equipment & systems for the poultry-processing industry. Apparently, Bettcher Industries looks to offer a broader line of innovative ...

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Vietnams FastGo expands into Singapore’s ride-hailing market

The startup will offer cheaper ride fares than its rivals and will not charge surcharges during peak hours in the country. Vietnamese ride-hailing startup, FastGo has recently announced that it will launch its services in Singapore startin...

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Aerie Pharmaceuticals commences Phase 2 clinical trial of AR-1105

AR-1105 is an intravitreal, fully bio-erodible PRINT-manufactured implant that releases steroid dexamethasone. Aerie Pharmaceuticals, an ophthalmic pharmaceutical company, has reportedly initiated the Phase 2 clinical trial evaluating AR-1105 for in...

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Merck’s KEYTRUDA ® wins EC approval for treatment of NSCLC patients

KEYTRUDA® combination significantly improved overall survival in adults with metastatic squamous NSCLC   Its safety in combination with chemotherapy was evaluated in 791 NSCLC patients in clinical studies Merck has recently announced t...

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Facebook, WhatsApp & Instagram suffer outages across Europe & Americas

Facebook & its four primary smartphone applications have been suffering from severe outages throughout the world since March 13, 2019, 12 pm EST.   While the outage was the longest ever experienced by the social media giant, company spok...

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Almac Group unveils Almac One solution for clinical trial supply chain

Almac One™ would help sponsors to face the challenges existing in the drug development market It provide a single set of process to sponsors and enable greater visibility and control of supply chain Reports confirm that Almac Group has recent...

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GE Healthcare and Adventist sign performance enhancement collaboration

The five-year collaboration is expected to bring about financial improvement amounting to almost $100 million. GE Healthcare and Adventist Health, two of the most renowned healthcare providers in the U.S. recently announced that in a collaboration t...

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BioXcel adds Pfizer, Merck to pancreatic cancer therapy collaboration

BioXcel Therapeutics, Inc. has made an announcement confirming the addition of Germany-based Merck KGaA as well as Pfizer Inc. to its clinical collaboration with Nektar Therapeutics for evaluating an innovative triple combination treatment for pancre...

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Novartis data confirms rapid response of Cosentyx® in China study

The study proves to offer clear or almost clear skin in 8/10 patients within 16 weeks of Cosentyx® 300mg treatment. Swiss pharmaceutical major, Novartis AG (NVS) has recently announced that its data from a Phase III study conducted on 441 Chines...

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Verrica announces positive results for molluscum contagiosum treatment

The treatment would help to address unmet medical needs against serious skin lesions Reports suggest that the lead candidate of Verrica Pharmaceuticals, a drug-device combination for dermatology indication, has achieved primary endpoints in two of t...

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Hua Medicine confirms patient enrollment for study of diabetes drug

Shanghai-based drug development firm Hua Medicine, which focuses on developing global first-in-class oral drug for treating Type 2 diabetes, has recently announced that it has completed patient enrollment for a Phase III monotherapy trial of dorzagli...

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OneWeb inks two deals to deliver high speed communications services

The announcement was made the company at Mobile World Congress 2019 which is being held in Barcelona The company has signed two separate contracts with OneWeb and Intermatica The U.S. based satellite communications firm OneWeb has reportedly ann...

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Sarepta to buy Myonexus to expand muscular dystrophy therapy portfolio

Sarepta Therapeutics has recently confirmed that it is planning to acquire Myonexus Therapeutics in a $165 million deal, by exercising a purchase option that was part of a gene therapy partnership commenced by the firms in the previous year. The tra...

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Scholar Rock’s Phase 1 study of SRK-015 delivers positive interim data

Scholar Rock Holding Corporation, the clinical-stage biopharma company focusing on treating serious diseases which are affected by protein growth factors, has recently confirmed positive interim results for its Phase 1 multiple and single-ascending d...

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Ocutrx develops advanced Oculenz AR glasses with eye-tracking ability

California-based augmented reality (AR) glasses manufacturer, Ocutrx Vision Technologies, LLC, has recently unveiled its new, cutting-edge design for Oculenz™ AR Wear glasses, which is the company’s flagship product. Sources with knowled...

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ZEDEDA announces close of $16 million Series A funding round

The funding is to support the company’s vision of creating an ultra-secure, open-source and standards-based cloud-native edge. ZEDEDA, one of the leaders in edge virtualization software announced that the company has recently secured a substan...

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Microsoft, Telefonica announce new AI and edge computing partnership

Telefónica will expand the use of Microsoft’s Azure Cognitive Services over all customer relationship channels The companies will also work to develop Telefónica’s smart applications for connected home devices Microsoft Co...

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Morphic to collaborate with Janssen to develop integrin therapeutics

Morphic has attained leadership position in the development of oral integrin inhibitors with the help of the ground-breaking structural research Morphic Therapeutic, the Massachusetts-based biotechnology company recently announced that it has entere...

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Facebook updates location settings, adds privacy controls on Android

A few Android users had expressed concern over the app’s capability to continuously record location data in the background Facebook has previously tracked the location of users deemed to be threats Social media giant Facebook has reportedl...

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JAYS Group to acquire connected audio and speaker brand CLINT® Digital

Premium headphones and app company, JAYS Group AB, has reportedly entered into a binding agreement for acquiring CLINT® Digital, the award-winning lifestyle audio brand from Denmark. The CLINT® brand, to become a part of JAYS Group organizati...

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AzurRx doses first patients in Phase II OPTION study for EPI therapy

AzurRx BioPharma, Inc. has recently informed that the company has dosed the first patients in its Phase II OPTION clinical study aimed at investigating MS1819-SD in cystic fibrosis (CF) patients who experience exocrine pancreatic insufficiency (EPI)....

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Philippines FDA bans Sanofis dengue vaccine due to compliance issue

Reports confirm that the Philippines has revoked the product license for Dengvaxia, the dengue vaccine from Sanofi, after the France-based pharmaceutical company failed to comply with directives of regulators. Apparently, the sale, distribution and m...

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CASI Pharma gets NMPA’s nod to conduct confirmatory trial of ZEVALIN®

The firm previously secured greater China rights to ZEVALIN® from Spectrum and aims to launch ZEVALIN® in the country. CASI Pharmaceuticals is currently addressing certain stipulations prescribed by the Center for Drug Evaluation (CDE) &n...

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Inventiva declares results of Phase IIb clinical trial of lanifibranor

The FASST clinical trial failed to meet its primary endpoint of a mean absolute change from baseline to week 48 The French clinical-stage biopharmaceutical firm Inventiva has reportedly declared the results from the ‘For A Systemic Sclerosis T...

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Miromico, Renesas unveil partnership to produce new LoRa-based module

Miromico and Renesas have recently confirmed that the companies have collaborated and produced a low-power and compact FMLR-61-x-RSS3 module that will allow customers to connect to LoRaWAN-based networks easily. The module is reportedly based on LoRa...

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SoftBank invests in a new USD 400m European tech fund of Mubadala

Mubadala would use the fund to invest between USD 5 million and USD 30 million in European technology startups Japans conglomerate SoftBank Group has reportedly announced to have invested nearly half the amount for the recently launched USD 400 mill...

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Mitsubishi Corporation invests in UK-based energy tech firm OVO Group

Mitsubishi Corporation would obtain 20 percent shares in the firm   The conglomerate would appoint a director on the management team of OVO Group Japanese conglomerate Mitsubishi Corporation has reportedly declared that it has invested in ...

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Merck presents data from new Phase 3 trials to treat mCRPC patients

Pharmaceutical major Merck & Co Inc., has apparently announced the launch of three late-stage studies for KEYTRUDA – its cancer immunotherapy. Trusted reports cite that these studies are being introduced as a combination treatment for the m...

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Life science firm Jubilant & Sanofi collaborate on CNS therapeutics

Jubilant will deliver Sanofi drug discovery services with its integrated drug discovery platform. The Bengaluru-based arm of the reputed Jubilant Life Sciences, Jubilant Biosys, has apparently declared that it has signed an integrated drug discovery...

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