About Author : Akshay Kedari


Akshay Kedari

Akshay holds a Bachelor’s degree in computer engineering. Despite having a penchant for software development and the like, Akshay took to writing as a career owing to his passion for the field. Presently, Akshay writes articles for itresearchbrief.com and a few other portals. He has also worked awhile in web development, and expertly harnesses his knowledge of the degree to his professional advantage in content development.



Contribution by: Akshay Kedari

Felix plans to develop programmable viruses to replace antibiotics

In a bid to fight against harmful bacteria, Felix, a U.S.-based biotech firm, has recently decided to devise a programmable virus that kills chronic bacteria. Reportedly, farmers and doctors overuse antibiotics to eradicate bacteria, but generally fa...


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Milken Institute introduces COVID-19 treatment and vaccine tracker

As nations across the globe continue to grapple with the novel COVID-19 outbreak, several institutes are trying come up with a vaccine to tackle this global pandemic. The Milken Institute, a non-profit think tank, is introducing a reso...


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Oxford scientists create rapid testing technology for COVID-19

Scientists from Oxford University have reportedly created a technology to accelerate the testing for COVID-19. The test is validated at China’s Shenzen Luohou People’s Hospital with real clinical samples. It is claimed to be faster than f...


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Sanofi, Regeneron reveal plans to test Kevzara on COVID-19 patients

While the coronavirus manages to spread across major global economics, scientists and researchers all over the world are plowing their way to find a definite cure for this current pandemic. Recently, New York-based biotech firm Regeneron Pharmaceuti...


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Verizon allocates $10 million for providing COVID-19 relief services

Verizon has announced to support communities by contributing $10 million to provide relief services for people impacted by the ongoing coronavirus (COVID-19) pandemic. The company has tripled its monthly data allowance for its Verizon Innovative...


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Spero Therapeutics receives ODD for its oral drug SPR720 from the FDA

Spero Therapeutics, Inc., a renowned Massachusetts-based clinical-stage, multi-asset biopharmaceutical company, has reportedly announced that the United States Food and Drug Administration has granted its oral drug SPR720 the orphan drug designation ...


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Neuraly announces dosing of first patient in Phase 2 clinical trial

Neuraly has claimed that it has dosed the first patient of NLY01 in its Phase 2 study for Parkinson’s disease. Nature Medicine claimed in its study that NLYO1 tends to bind upregulated GLP-1R and blocks microglia’s pathological activatio...


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Lucid-UPenn enter agreement to study EsoCheck device for EoE patients

PAVmed Inc. has recently announced that Lucid Diagnostics has entered an agreement with UPenn (University of Pennsylvania) to perform clinical trial research for its EsoCheck device. Lucid Diagnostics is a subsidiary of PAVmed, a highly-differentiate...


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Ascentage Pharma gets approval for Phase Ib/II trial of APG-1387

Ascentage Pharma, a clinical-stage biotechnology firm developing innovative therapies for cancers, has reportedly received approval for its Phase Ib/II clinical trial from the CDE (Center of Drug Evaluation), China NMPA. The clinical trial is assess...


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VBL Therapeutics launches Phase 2 clinical trial for colorectal cancer

VBL Therapeutics, a renowned Israeli biopharmaceutical company, reportedly announced the initiation of phase 2 clinical study of VB-111 combined with immune checkpoint inhibitor, nivolumab (Opdivo®). This study would be conducted to find a treatm...


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Matinas BioPharma to start Part 2 study of MAT2203 for HIV-patients

Matinas BioPharma, a renowned biopharmaceutical company, has reportedly announced that DSMB (Data Safety Monitoring Board) for the EnACT study has finished its planned review of initial tolerability and safety data from the Part 1 dose escalation pha...


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Pulse biosciences provides FDA 510(k) filing update for CellFX System

Pulse Biosciences, Inc., an innovative bioelectric medicine company committed to improving the lives of patients, has reportedly announced an update on its U.S. FDA ( Food and Drug Administration) submission for the CellFX System. Earlier, the compan...


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Nokia furthers SoftBank Corp.’s plan to complete 5G connected car test

Nokia appears to go full throttle as the Finnish company is offering state-of-the-art equipment from its end-to-end 5G portfolio to SoftBank Corp. to substantiate that non-standalone 5G technology can be commercially used to operate connected cars. N...


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KSQ Therapeutics indicates identification & validation of CT-1

KSQ Therapeutics has propelled their effort to derail refractor solid tumors by growing —eTIL™—engineered tumor infiltrating lymphocyte therapies by announcing the identification and validation of CT-1. It is worth mentioning that d...


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Loon & HAPSMobile develop communications payload for the HAWK30 UAV

Loon, an Alphabet subsidiary working to deliver internet services to rural areas, and SoftBank Corporation’s HAPSMobile, currently planning to operate HAPS networks, together announced the successful development of a new communications payload ...


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Humana and WCAS form a joint venture to develop primary care centers

American health insurer, Humana Inc. and private equity firm WCAS (Welsh, Carson, Anderson & Stowe) have reportedly formed a joint venture to develop senior-focused primary care centers. Reportedly, this joint venture will be manag...


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VSE set for divestment—Prime Turbines to be sold for $21 million

The Aviation Group will focus on higher growth component and accessory repair and part distribution. The divestment is expected to be completed till March 2020, subject to legal conditions. In what appears to be an all-cash deal, VSE Corporation...


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Lime e-scooters replace bikes as preferred transport mode in Calgary

Lime’s dockless bike-share service launched in Calgary in 2018, is reportedly facing a dip in popularity after the arrival of Lime e-scooters and its adoption for sustainability. Lime is a transportation company that is based in the United Stat...


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Google partners with Handy to bring new features to its Google Nest

Google, the renowned tech giant, has reportedly initiated the testing of a novel feature for its Google Nest. This new feature would alert the homeowner about any HVAC issues as well as call a HVAC professional to fix the issue. For this new feature,...


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ArcTern invests in Terramera to boost sustainable farming practices

  Terramera closed the funding round with USD 48.5 million with other investors including S2G ventures, Ospraie Ag Science The investment marks ArcTern’s fourth financing from its USD 200 million value Fund II   Vancouver head...


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Teijin to establish TACE to enhance automotive composite business

Teijin Limited, a technology-driven company, has announced its interest to establish TACE (Teijin Automotive Center Europe GmbH) in Wuppertal, Germany. The center would function as a new base for Teijin to execute technical functions within its auto...


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Regorafenib/TAS-102 gives clinically meaningful DCR in Metastatic CRC

The data from the REMETY phase 1 dose escalation trial, unveiled at the Gastrointestinal Cancers Symposium 2020, reportedly shows that the combination of regorafenib (Stivarga) and oral fluoropyrimidine TAS-102 provided a clinically meaningful DCR in...


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Google on-board with EU’s proposed temporary facial recognition ban

Technology giants Google and Microsoft have reportedly taken opposing stances as the temporary five-year facial recognition ban suggested by the EU came to light. Alphabet and Google CEO Sundar Pichai has expressed his approval of the proposed ban, w...


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Flair Airlines amid plans to grow its fleet and offer low cost fares

Flair Airlines, a scheduled, independent, and low fare airline company, is seeking to expand its fleet of Boeing 737 aircraft to deliver low cost travels to a market starved of competition. Based in Edmonton, Flair Airlines is Canada’s only ful...


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Olam International to regroup into global and ingredients businesses

The aim of the move is to simplify the diverse portfolio of the company Company’s regrouping is part of the new strategic plan for fiscal 2019 to 2024 Olam International, a leading agricultural and food business company, has decided to reg...


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Guangzhou Automobile investment in Nio will be capped at $150m

Nio had indicated an urgent need to secure funds and early talks with Guangzhou Auto    There is still some cloud whether an agreement will be reached between the companies Guangzhou Automobile Group Co Ltd, a Chinese automaker, recen...


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Moderna adds two candidates in new autoimmune therapeutic area

Moderna, Inc., a Cambridge, Massachusetts-based biotechnology firm that is focused on drug discovery and development based on mRNA, has announced entering into a new autoimmune therapeutic area. Being built on the clinical validation of systemic deli...


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Guardant and NRG Oncology initiate NRG-GI005 study in colon cancer

Survival rate for stage II colon cancer is about 58 to 88% and patients will gain from additional treatments Guardant Health, Inc., a renowned precision oncology firm, along with NRG Oncology, a National Clinical Trials Network group that conducts b...


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Kalmar enables improvement of automation for Patrick Terminals

Kalmar, a subsidiary of Cargotec, a renowned Finnish cargo-handling company reportedly announced the completion of a comprehensive software support and maintenance contract with Patrick Terminals, a renowned Australian terminal operator. The agreeme...


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U.S. bill prevents intelligence sharing with nations using Huawei

The lawmaker has introduced a bill to prohibit the region from sharing intelligence with the countries making use of the Huawei 5G networks.   In any case if the bill is ruled out, it may produce huge implications for the intelligence sharin...


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Revolution Medicines to present data from Phase 1 trial of RMC-4630

Revolution Medicines, a renowned American biopharmaceutical company working towards discovering new solutions for cancer, reportedly announced that it would be unveiling preliminary data collected from its Phase 1 clinical study of RMC-4630. The dat...


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MYHSM partners with Equinix to enhance payment security solutions

MYHSM technology will be operating on Platform Equinix® and will also use the connectivity solutions by Equinix The partnership will facilitate an effective method to access the capabilities by making the payment HSMs available on cloud MYHS...


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Hampton launches new series of BenjiLock deadbolts at CES 2020

Hampton Products, a renowned producer and marketeer of door locks, lighting, padlocks, reportedly announced the launch of first connected deadbolts that incorporate fingerprint tech at the CES 2020. The company has integrated its BenjiLock fingerpri...


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Digital Dream Labs acquires robotics and technology developer Anki

Anki had shut down its operations in April 2019 after the company ran out of funds   Digital Dream will continue the development of Vector and launch a new Kickstarter In a bid to revive the robots developed by San Francisco headquartered ...


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Acura Pharma nearing the development of LTX-03; issues an update

Acura Pharmaceuticals has issued an update pertaining to the evolution of the much-anticipated LTX-03 tablets using technology called Acura LIMITx™ meant to curb risks linked with overdose of hydrocodone. Apparently, the manufacturing process a...


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EnChroma launches brand new line of lenses

The new lens series may be beneficial for patients with conditions such as macular degeneration, glaucoma, cataracts, optic neuropathy, and other visual disorders.   While the global prevalence of visual impairments tends to skyrocket, optica...


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Samsung reports short power outage at its chip factory in South Korea

  The power cut took place due to an issue with the regional transmission cable Samsung may experience losses worth millions of dollars similar to 2018 incident   Samsung, the South Korea-based multinational electronics manufacturer,...


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Grab partners with Singtel for Singapore digital banking license

Grab, a technology concern based in Singapore, has announced that it is forming a consortium with Singapore Telecommunications (Singtel) to submit an application for a full digital banking license. The move signifies the participation of both the com...


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FDA approves the filing of Immunomedics BLA for sacituzumab govitecan

Sacituzumab govitecan has attained both Breakthrough Therapy Designation and Fast Track Designation by the FDA. Immunomedics, Inc., a biopharmaceutical firm, has recently attained the U.S. FDA nod to file its Biologics License Application (BLA) whic...


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Autonomous aircraft firm Pyka secures $11 million in seed funding

Pyka, a renowned bay area based autonomous aircraft company, reportedly announced that it has secured $11 million from a new seed round. The investment round was led by Prime Movers Lab. Meanwhile, Greycroft, Bold Capital Partners, Y Combinator, and ...


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COOEC-Fluor announces safe completion of module program in Kuwait

Fluor Corporation, a global engineering and construction firm, has reportedly announced that its JV COOEC-Fluor fabrication yard in China, has securely completed the module program for the Al-Zour project of KIPIC (Kuwait Integrated Petroleum Industr...


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Danish Energy Agency awards €6M to Everfuel for HySynergy project

The project aims to establish a large scale facility to produce hydrogen in Denmark Everfuel will be the owner as well as the operator of the production facility Everfuel Europe, a provider of green hydrogen fuel, has recently been granted EUR 6...


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Apple creates team to work on satellites that beam data to its devices

Apple, the renowned technology giant, has reportedly put together a secret team that is working on satellite technology that can be used to beam down data to its devices directly, bypassing wireless networks. According to reliable sources, this secr...


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Angion commences dosing of first patient in phase 1 trial of ANG-3070

Fibrotic diseases are commonly termed as chronic tissue injury. Renal fibrosis, hepatic cirrhosis and pulmonary fibrosis are some of the common fibrotic diseases. Currently, these diseases have limited treatment options, however, several ph...


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NVIDIA unveils next gen software defined platform: DRIVE AGX Orin

With automation being a need of the hour, there have been various advancements and developments in myriad fields. This has prompted the industry conglomerates to devise robust strategies on the grounds of sustaining their geographical foothold in the...


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Worker union approves new four-year deal with Fiat Chrysler after talks

Fiat Chrysler is the last automaker to close the contract with the United Auto Workers In-progression workers will get similar healthcare benefits as the veteran workers Labor negotiations with Fiat Chrysler ended after the United Auto Workers a...


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Vedanta Bio wins $5.8M CARB-X grant to tackle drug-resistant bacteria

The reward will accelerate the development of VE707 for various multi-drug resistant infections   Vedanta Biosciences is eligible for an additional $3.5 million subject to certain milestones Vedanta Biosciences, a pre-clinical stage firm i...


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FDA approves Genentech’s first-line NSCLC chemotherapy treatment

  FDA grants approval for Genentech’s Tecentriq – Chemotherapy combination treatment, based on positive results from Phase III Impower130 trial The combination is designed to be used as a first-line treatment for metastatic non-s...


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TowerJazz denies selling its 51% stake in Japan chip JV with Panasonic

  Panasonic announced the sale of its of semiconductor business to Taiwan based Nuvoton The Panasonic-TowerJazz JV comprises three manufacturing units operated in Japan   Israel headquartered chip manufacturer- TowerJazz announced o...


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Canon Medical Systems USA launches advanced cybersecurity solution

Various instances of cyberattacks, viruses, and other malicious threats across the healthcare sector have raised many eyebrows owing to the security of confidential patient information. In order to tackle with these attacks, Canon Medical System USA ...


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Seattle Genetics attains Health Canada approval for ADCETRIS®

Seattle Genetics, a biotechnology company focused on innovating novel therapies for cancer, has recently attained approval from Health Canada for supplemental New Drug Submission that expands the use of ADCETRIS (brentuximab vedotin) along with CHP (...


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Ziopharm Oncology releases clinical data for Controlled IL-12 platform

  The data was presented at the Society for Neuro-Oncology (SNO) Annual Meeting 2019, held in Phoenix. With the use of controlled IL-12, reduced tumor burden along with immune-mediated pseudoprogression was noted in monotherapy and combinati...


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VBL to present Data from Phase 2 trial of VB-111 at SNO annual meet

The company will present a study of neoadjuvant and adjuvant VB-111 for treatment of recurrent GBM. The ongoing trial aims to explore the potential of VB-111 in treating rGBM. VBL Therapeutics, a late-stage clinical biopharmaceutical company foc...


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Facebook takes down billions of fake accounts & abusive posts

Social networking platform Facebook has reportedly suspended over 3.2 billion fake accounts within a 5-month span, between April to September 2019. Additionally, as per content moderation reports, millions of posts with abusive content including suic...


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Amazon reveals plans for a new $40 million robotics hub in Westborough

Tech innovator Amazon has reportedly announced its plans to invest $40 million in the development of a new robotics innovation hub, located in Westborough, Massachusetts. The facility will cover an area of 350,000 sq. ft, including corporate offices,...


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Halliburton signs agreement with ARTC to become an anchor member

The development of these collaborative solutions will improve value for customers. Halliburton Company has reportedly announced that it has entered into a strategic deal with the Advanced Remanufacturing and Technology Center (ARTC) to secure positi...


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Lockheed Martin inks a new $34 billion F-35 contract with the Pentagon

The F-35 Lightning stealth fighters, integrated with Block IIIF software, developed by Lockheed Martin, the American aerospace and defense company, in collaboration with the Pentagon are expected to enter service in 2019. The company has already deli...


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Confluence procures UK-based StatPro in an all-cash £161.1Mn deal

Confluence Technologies, a renowned US-based software company that offers back-office automation systems for the global investment management market, reportedly announced the acquisition of StatPro Group plc, a renowned UK-based global cloud-based po...


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Major automobile firms support Trump on California emissions challenge

Earlier in 2012, President Obama had announced a nationwide rule for automobile emissions and mileage standards, embracing California’s planned standards. However, since Trump’s administration rose into power, it has tried to nullify all ...


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ORBCOMM collaborates with Vietnam based Vishipel to supply VMS

ORBCOMM Inc., a renowned US based Internet of Things (IoT) and Machine-to-Machine (M2M) solutions provider, reportedly announced it selection by Vishipel, a leading Vietnam based provider of maritime equipment and telecommunications services, to deli...


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Verizon offering 12-month free subscription of Disney+ to customers

Disney+ streaming service is on a way to become a new big competitor looming on the horizon. Set to launch next month, Disney+ looks to be one of the best online streaming services, especially for family viewers. Recently, Disney+ came to light...


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Parade launches four-lane and sixteen-lane retimer chips for PCIe 4.0

Parade Technologies, a renowned US-based fabless semiconductor company developing high-speed video processing and interfacing products, reportedly announced the launch of two new products under its high-speed data retimer product portfolio. The PS89...


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Mastercard announces expansion of Bill Pay Exchange with partners

In an era of digitalization and internet, businesses are continuously working on innovative solutions to improve brand value. In a bid to have a competitive edge over rivals, numerous companies are rolling out innovative financial services. American...


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NOXXON treats first patient in NOX-A12 clinical trial for brain cancer

NOXXON Pharma, a renowned biopharmaceutical firm based in Germany that is focused at enhancing cancer treatment by aiming at the TME (tumor microenvironment), reportedly announced the enrollment as well as treatment of the first patient in a phase 1/...


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ACERTUS launches proprietary TMS for ease of vehicle transport

Transportation Management System industry is projected to emerge as one of the highest revenues gaining markets in the future owing to the benefits it provides automotive shippers. Several automotive industry players are integrating TMS in their supp...


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Concert presents positive results of Phase 2 trial for alopecia areata

Alopecia areata, an autoimmune disease that causes hair loss is seen to grow substantially and higher number of people every year. Global pharmaceutical firms are increasingly working towards development of medicines for the treatment of alopecia are...


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Walmart to demerge PhonePe, Flipkart to enter India’s e-payment space

With India’s consumer market slated to emerge as the third largest in the world, several global enterprises are looking to establish their presence in growing industry landscape. In fact, despite having a reputable presence in the space, compan...


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BrainCheck raises $8Mn in a Series A funding, to focus on dementia

Driven by the need for better customer experience, the healthcare sector is experiencing a huge shift towards digitalization. Today, organizations across the globe are increasing their invest in healthcare software offerings to digitize traditional h...


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FDA approves drug that raises pain-free light exposure in EPP patients

There is a rise in the number and spread of rare disorders. Due to their growing presence and risk, various pharmaceutical firms are increasingly working towards the discovery and development of treatments.   One such rare-disease treating...


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Samsung Pay partners with Finablr for cross-border transactions

With the advent of digitalization, the digital transaction sector is growing at an exponential rate. The ease of paying and increased smartphone penetration are the key factors that are influencing digital transactions worldwide. Various digital wall...


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Amazon launches Echo and Alexa in Brazil with support for Portuguese

Smart home devices are gaining a lot of attention lately owing to their home automation control facility. People can generally command a smart home device to carry out a task, like switching on lights, and it would follow the command and control elec...


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KDDI choses Ericsson as primary vendor for deployment of 5G in Japan

The two companies have been working on 5G since November 2015 Ericsson to provide its radio access network equipment to KDDI Swedish networking and telecom major Ericsson has reportedly been selected by KDDI, Japan’s second largest mobile ...


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Sobi acquires Dova Pharmaceuticals to strengthen its portfolio

Corporate mergers and acquisitions in the pharmaceutical sector are considered a vital part of an organizational growth strategy. It opens many opportunities that help companies carry out reduction in business risk, corporate restructuring, developme...


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Sinch to acquire myElefant for €18.5 Mn in an all-cash transaction

· The acquisition will help Sinch enhance its business outcomes through next-gen messaging. · The transaction will be closing in early October 2019. Sinch AB, a leading telecommunication and cloud computing platform, has reportedly in...


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Darwinbox raises $15M in a Series B funding round led by Sequoia India

The Hyderabad-based startup to bring its HR tech platform to more Asian markets with the fresh funding Darwinbox, a Hyderabad-based startup that offers a cloud-based human resource management platform, recently announced that it has raised USD $15 m...


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Casio opts Trustonic to Enhance and Secure Next-gen Smartwatches

Wearable technology has certainly come a long way as it can now connect with devices like smartphones, watches and more. However, the technology is prone to different kinds of security breaches and hacks. Today, manufacturers of smartwatches have rea...


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Source Photonics unveils new optical transceivers for 5G applications

A fiber optic transceiver is a device that uses fiber optical technology to send and receive data. Optical transceivers are being adopted extensively throughout the world due to their advantages over traditional transmission systems. Various companie...


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Momotaro doses first patient with MTG201 in its Phase 2 clinical trial

The Phase 2 study will register approx. twelve patients diagnosed with malignant mesothelioma that have failed systemic platin-based front-line chemotherapy.   The key objective of the trial is to evaluate efficacy of MTG201- Nivolumab treat...


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Servier, Ipsen release initial Phase II/III clinical data of ONIVYDE®

The results from the Phase II/III trials, which involved efficacy data and preliminary safety, was presented at the IASLC 2019 World Conference on Lung Cancer, held in Barcelona, Spain. Ipsen, a French pharmaceutical company, and Servier Labora...


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Ceridian inks an agreement to acquire WFM solution provider RITEQ

The acquisition would advance Ceridian’s momentum in New Zealand and the Australian markets. Ceridian HCM, Inc., a leading human capital management (HCM) technology company, has recently announced that it has signed a definitive share purchase...


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Rocket Pharmaceutical unveils plans for Phase 2 trials of RP-L102

The company is set to initiate a Phase 2 clinical trial in the U.S. after a successful Phase 1 trial in Spain. Rocket Pharmaceuticals, Inc., a U.S.-based biotechnology company, has recently announced the U.S. Phase 2 clinical advancement trial for R...


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OBI Pharma initiates Phase 1/2 Study of Antibody-Drug Conjugate (ADC)

The biopharma company is planning to initiate the Phase 1/2 clinical trial of ADC cancer therapy that targets AKR1C3 and the Globo series. OBI Pharma, Inc., a pharmaceutical company based in Taiwan, recently announced that the U.S. Food and Dru...


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AT&T and Nexstar end dispute stations restored to U-verse and DirecTV

The stations went offline on July 3 at 11.59 pm local time after AT&T and Nexstar were not able to make an agreement. The new agreement between two companies allows 120 stations, including NBC, CBS, FOX and ABC affiliate stations, to get back ...


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Trovagene reveals positive data from Phase 2 study of Onvansertib

The company presented its preliminary data at the 20th Asia-Pacific Prostate Cancer Conference held in Melbourne, Australia. Trovagene, Inc., a Precision Cancer Medicine™ oncology therapeutics firm developing innovative drugs that ta...


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Amgen inks deal with Celgene for psoriasis drug Otezla at USD 13.4B

The purchase of Otezla is expected to offer growth for Amgen escalating its shares over 3% on Monday.   The deal would clear the path for Bristol- Myers Squibb to move ahead with USD 74 billion deal for Celgene. California based Amgen Inco...


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Blue Tie Global launches platform in UAE, enters international market

The expansion in the International waters will augment the company’s penetration into the other GCC and Middle Eastern markets. Mumbai based new age professional networking platform, Blue Tie Global reportedly announced the unveiling of its ap...


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Lockheed Martin & USAF report smooth operation of second GPS III SV02

The GPS III SV02 satellite offers 8× enhanced anti-jamming abilities and 3× higher accuracy.   GPS III SV02 also offers a new civil signal which is compatible with international GPS satellite systems. The USAF’s second ne...


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Facebook launches a feature to clear website and app history

The company will not use any of the data which is disconnected by users to target ads to them on Instagram, Messenger, or Facebook. Facebook has reportedly been intending to enable users to disconnect their account from app and website history. If u...


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DSV buys Panalpina to become one of the largest airfreight providers

Denmark company takes over Swiss logistics group Panalpina in a deal of over USD 5.5 million.   This acquisition will create the world’s fourth largest airfreight company.   Denmark based DSV A/S recently announced the completio...


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Russian nuclear power station shuts off following safety system error

Urals facility shuts down Byeloyarsk power unit at 9.15 local time after automated safety system’s false activation.   This incident adds to the rising concerns regarding Russia’s nuclear activities. According to the Rosatom St...


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Coinmine raises $2.5 million in investment in its seed funding round

Republic Labs, M13 Ventures, Gumi Crypto & early Uber financer Shervin Pishevar contributed to this funding.   Almost 10% of customers purchase from Coinmine again and less than 4% Coinmine one devices are returned. Coinmine, the make...


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SoftBank to trade a stake in Bharti Airtels telecom business

The Japanese firm, SoftBank has been reported to purchase a stake in the Airtel business of India either directly or indirectly through a holding company. Bharti Enterprises and SoftBank have established a 50:50 joint venture already since 2011. ...


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FDA warns four companies to recall 44 tobacco products from the market

The agency has already directed number of firms operating in the tobacco area to remove some of their products from the market. The U.S. Food and Drug Administration (FDA) has recently released warning letters against four companies to recall 4...


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Oncternal commences phase 2 trial of cirmtuzumab-ibrutinib combination

Under the phase 2 trial approximately 90 patients with CLL will receive either ibrutinib or ibrutinib coupled with cirmtuzumab Oncternal Therapeutics, a biotechnology company, has reportedly announced opening of enrollment for patients suffering fro...


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SELLAS completes enrollment of women for Phase 2 VADIS clinical trial

This test would give opportunity to understand if NPS can induce immune response in patients with DCIS. The VADIS outputs could tell the company about potential synergies among standard therapies and NPS in the women suffering from DCIS. SELLAS ...


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Roche’s drug with chemo reduces disease worsening due to bladder cancer

· Outputs would be shared globally with healthcare authorities at the next medical meeting. · While encouraging survival results were observed, the data isn’t mature enough and a follow-up would continue up until next planned ana...


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Texas joins other states in lawsuit to halt T-Mobile-Sprint deal

The state is suing T-Mobile’s $26.5 billion takeover of rival cellphone company Sprint. Texas has recently joined nearly a dozen American states that is filing a motion to stop T-Mobile’s acquisition of rival telecommunication ...


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TP Therapeutics’ CEO to present the 39th Annual Growth Conference

CEO Dr. Athena Countouriotis will participate in a question and answer session at the conference in Boston this month. Turning Point Therapeutics, Inc., a clinical-stage oncology company focused on developing novel drugs to address treatment re...


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Novartis announces result from Phase 3 PARAGON-HF trial in HFpEF

Novartis International AG, a Swiss-based pharmaceutical company recently announced results from Phase 3 PARAGON-HF trial in HFpEF (heart failure patients with preserved ejection fraction), investigating the efficacy & safety of sacubitril/ valsar...


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Zuckerberg thrilled about WhatsApp Payments beta testing in India

With 400 million users, India is the biggest market for WhatsApp. Facebook Inc. now awaits regulatory approval for a complete roll-out of WhatsApp Pay in India. Mark Zuckerberg, Chief Executive of Facebook stated that beta testing of WhatsApp Pa...


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Coca-Cola to officially bring its alcoholic beverage to Japan

Coca-Cola is set to debut in the alcohol market with lemon chuhai in Japan in October this year.   This is marked to be the company’s first ever hard drink. The global beverage giant, Coca-Cola has come up with its first ever alcohol...


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KAZIA to test GDC-0084 with radiotherapy at MSK Cancer Center

The clinical study is expected to enroll about 18-30 cancer patients for testing. The clinical trial is expected to take approximately two years to complete. KAZIA Therapeutics Ltd., (Kazia), a renowned oncology-focused biotechnology firm based ...


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Orphazyme finishes enrollment in phase 3 study assessing arizoclomol

The phase 3 study of arimoclomol for ALS is a 76-week, placebo-controlled, randomized study being conducted at 30 centers of excellence in Europe and North America. The biopharmaceutical company Orphazyme A/S has reportedly announced that it has fin...


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Cipla announces reentry into Chinese market with Jiangsu Acebright

The global pharmaceutical giant Cipla reportedly announced that it has reentered Chinese market in an alliance with Jiangsu Acebright. The company will set up a manufacturing plant for respiratory products in China under the joint venture. According...


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PayPal extends its international money transfer service to Europe

Transfer of money to international markets would become easier through the service.   The money transfer service would be made available across 32 European markets. PayPal Holdings, Inc. (PayPal), an American multinational online payments ...


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Microsoft’s $399 Azure Kinect Developer Kit to ship in China & the US

Microsoft, the tech giant, recently announced that its Azure Kinect Developer Kit, a $399 perception system for speech solutions & computer vision, will be available for shipping to pre-order customers in the U.S. and China, report sources. Repo...


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Pulmatrix to begin Phase-2 clinical trials, activates 3 sites in the U.S.

Pulmatrix, Inc. has reportedly activated three sites in the United States for the phase-2 clinical trial of Pulmazole (PUR1900). It is an inhaled formulation consisting of itraconazole for treating allergic bronchopulmonary aspergillosis (ABPA) in pa...


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Dermata Therapeutics declares positive outcomes from DMT410 trial

In a recent turn of events, Dermata Therapeutics, a development-stage biotechnology company, has announced positive outcomes from Phase I proof of concept clinical trial of DMT410 (which is a combination of DMT310 and botulinum toxin), for treating p...


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ZipLine acquires Florida-based gift card payment platform SmartClixx

The acquisition would facilitate ZipLine an entry into the gift card segment. The newly acquired assets further complement ZipLine’s existing customer payments as well as loyalty capabilities. ZipLine, a renowned rewards and mobile payment...


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DoT to launch a tech solution for tracking lost mobile phones

The tracking system would detect stolen mobile phones, even if the IMEI number is changed or the SIM card is removed. DoT (The Department of Telecommunications) recently announced the launch of a technology solution to enable detection of stolen or ...


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Microsoft to withdraw SQL Server and Window Server 2008 services

Ingram Micro offers Cloud migration solutions for businesses impacted by Microsoft’s move. Microsoft Corporation, the technology company recently announced to suspend its SQL Server in 2019 and Windows Server 2008 by January 2020. Microsoft ha...


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BP ventures backs Calysta with $30M for food security enhancement

Calysta, a biotechnology company recently announced that venture capital firm, BP Ventures invested $30 million to support rollout of Calysta’s FeedKind® protein, which is expected to improve global food security, cite sources. F...


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Wysa raises $2M in pre-series A funding round led by pi Ventures

Wysa has helped over 1.2M people across 30 countries through 80 million conversations. Wysa, an AI mental health startup based in Bengaluru, has reportedly raised $2 million (INR 15 Cr) in a pre-series A funding round led by pi Ventures. As per trus...


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Thrive Global & P&G tie up on consumer behavior change via Microsteps

The New York-based Thrive Global, has reportedly signed a partnership with P&G, the American multinational consumer goods corporation to combine behavioral science and daily habits pertaining to P&G’s products to help consumers improve ...


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Huawei presses Verizon to pay $1 billion as patent licensing charges

Amid clash with the U.S. government, the Chinese company says US-based Verizon is liable to pay fees for more than 230 of its patents. Huawei, the Chinese telecommunications equipment company recently demanded $1 billion patent licensing fees from a...


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Uber faces fresh competition as rival Bolt enters London market

Estonia-based transportation network company Bolt, formerly known as Taxify, recently launched in London, the biggest ride-hailing market in Europe. The company joins an expanding list of start-ups in an attempt to gain market share from Uber in Lond...


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Kite unveils study results for KTE-X19 in acute lymphoblastic leukemia

The outcome of the Phase 1 ZUMA-3 study was presented at the 2019 American Society of Clinical Oncology (ASCO) Annual Meeting.   The results would be facilitating guidance on KTE-X19 safety & dosing management to help the ongoing Phase 2...


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Reata announces patient enrollment in clinal trial of Bardoxolone Methyl

Reata Pharmaceuticals, a clinical-stage biopharmaceutical company recently announced enrollment of first patient in the Phase 3 FALCON trial of bardoxolone in patients with ADPKD (autosomal dominant polycystic kidney disease), cites source. For the ...


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Alembic Pharma gets FDA approval for Solifenacin Succinate tablets

The FDA approval was awarded to Solifenacin Succinate tablets’ abbreviated new drug application (ANDA). The pharmaceutical firm now holds a total of 94 ANDA approvals from the US health regulator. Alembic Pharmaceuticals Ltd., (Alembic Pha...


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Noxopharm publishes results from LuPIN trial involving Veyonda

177Lu-PSMA-617 is an experimental radiopharmaceutical which comprises of a peptide. The clinical-stage drug development company Noxopharm has reportedly announced positive provisional results from the LuPIN study concerning the Veyonda drug created ...


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Nuro and Kroger unveil autonomous delivery service in Houston

The novel service would be made available via two stores of Kroger in Houston and will serve consumers residing in four local zip codes Nuro, the robotics firm transforming local commerce, and Kroger, the largest American grocery retailer, have join...


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Qatar Petroleum on the verge of acquiring an interest in block A5A

The acquisition is speculated to strengthen Qatar Petroleum’s international oil & gas portfolio. Qatar’s state owned petroleum company Qatar Petroleum has reportedly inked an agreement deal with Eni. The deal entails the petroleum fi...


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GTx Inc. announces merger with San Diego-based Oncternal Therapeutics

The companies are planning for a reverse merger which would end the Memphis operations of GTx   The merger will create a publicly traded, clinical-stage firm to develop novel cancer treatments GTx Inc., a Tennessee based pharmaceutical fir...


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Cisco pours in CAD 15 million to expand footprint in Western Canada

The funding will be used to mainly augment job generation and skills development across Western Canada. Multinational technology conglomerate Cisco has reportedly announced that it plans to invest CAD 15 million in Western Canada’s secure digi...


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Grab seeks more investment after record $4.5B funding round in SE Asia

Grab will look to partner with more companies that can provide complementary technology and services to help grow its business in the region Grab, the ride-hailing company headquartered in Singapore, is reportedly planning to raise more funding from...


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