About Author : Mateen Dalal


Mateen Dalal

Despite working as a professional testing engineer, Mateen Dalal always held a liking for content creation. Following his passion, he now pens down articles for itresearchbrief.com and a couple of similar portals. Mateen is a qualified electronics and telecommunication engineer and strives to combine his technical expertise with his interest in his articles.



Contribution by: Mateen Dalal

Konica Minolta Precision Medicine buys assets of Backpack Health

Konica Minolta Precision Medicine, Inc. (KMPM), a division of optical products company Konica Minolta, recently revealed that it has acquired all the assets of Backpack Health (BPH), an innovative web and mobile-based health data management system. ...


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Curative acquires California-based analytical laboratory, KorvaLabs

Curative Inc., a COVID-19 testing startup, has recently completed the acquisition of a DEA licensed and CLIA certified analytical laboratory, KorvaLabs, Inc. The deal happened along the heels of the partnership between the company and the laboratory...


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UK to mass produce COVID-19 vaccine at its new £38Mn center

As the effects of coronavirus intensify, countries all over the world have started to implement measures to develop a vaccine that could minimize the loss arising from this crisis. The UK recently made a development towards this initiative when it an...


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Merck acquires rights for SENTINEL branded products from Virbac

Merck Animal Health, a renowned veterinary products and services company and a subsidiary of Merck & Co., and Virbac, a French animal healthcare pharmaceutical company, jointly announced that they have signed a new definitive agreement for Merck ...


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Orexo acquires exclusive US rights for commercialization of deprexis®

Orexo, a renowned Sweden based pharmaceutical company, has reportedly announced that it acquired the exclusive rights to commercialize GAIA AG’s digital therapy solution, deprexis®, in the U.S. Deprexis is a digital treatment platform to he...


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NAPA acquires America Anesthesiology for an undisclosed amount

NAPA (North American Partners in Anesthesia), a leading single-specialty anesthesia management company, and MEDNAX, Inc., a US-based clinical company delivering advanced medical solutions, reportedly announced NAPA’s procurement of American Ane...


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Spiffy acquires Carmacy Fleet to strengthen its car care portfolio

Get Spiffy, Inc., an on-demand technology and services company, has reportedly acquired an American mobile fleet maintenance service provider company, Carmacy to strengthen its fleet maintenance   service portfolio. Established in 2015 by ...


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Adare Pharma buys Orbis Biosciences to strengthen CDMO business

  Orbis will help to improve the Pharmaceutical Technologies occupation of Adare Its platforms generally develop drug particles dosed in injectable, oral and otic formulations Adare Pharmaceuticals Inc., a clinical-stage pharmaceutical fir...


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Riche issued EUA for new Anti-SARS-CoV-2 antibody test, Elecsys®

Roche Holding AG, a multinational healthcare company, has recently been issued test with an EUA (Emergency Use Authorization) for its new Elecsys® Anti-SARS-CoV-2 antibody. This antibody test was designed to examine patients who have been exposed...


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Nokia-Airtel ink multi-year deal to adopt SRAN solution in India

Nokia and Bharti Airtel have recently announced a multi-year deal to deploy the SRAN solution of Nokia across nine circles in India. The agreement will help enhance the network capacity of Airtel, particularly 4G, as well as improve customer experien...


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Glenmark to commence trials for potential COVID-19 drug in India

Amidst various companies relentlessly conducting trials of potential COVID-19 treatment drugs across various geographies of the world, Glenmark Pharmaceuticals Ltd., reportedly announced that it would start clinical trials in India of antiviral drug ...


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Trovagene presents positive data from Phase 1b/2 onvansertib trial

Trovagene Inc., a clinical-stage oncology therapeutics firm involved in the development of drugs for treating cancers with considerable medical needs for novel therapeutic options, like leukemia, colorectal cancer and prostate cancer, has recently an...


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TSG acquires online personal training software firm TrueCoach

TSG, a leading provider of business management software, integrated payments, and value-added services, has announced the acquisition of TrueCoach, a U.S.-based software company powering businesses of over 15,000 trainers worldwide. For the record, ...


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Avecho inks medicinal cannabis supply deal with Tasmanian Alkaloids

Avecho Biotechnology, a renowned Australian pharmaceutical company, has reportedly announced a new medical cannabis supply contract with Tasmanian Alkaloids, an Australian biopharmaceutical company, with an aim to boost the company’s natural me...


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Lebanon to legalize cannabis for industrial and medicinal purposes

The Lebanese parliament has recently passed a legislation that legalizes the cultivation of cannabis for both industrial and medical purposes. This move had been originally recommended by various economic advisors much before the COVID-19 pandemic ha...


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NFP buys Johnson Fleming Group to expand its footprint in the U.K.

  NFP aims at introducing expertise and advancements in the U.K. benefits and pension market The acquisition will enhance employer competitiveness by designing engagement programs New York-based insurance broker NFP recently announced the ...


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Founders of Instagram unveil Rt.live, a tool to track COVID-19 spread

Kevin Systrom along with Mike Krieger, the founders of Instagram, have come together to unveil their first product after having left the Facebook group. They have introduced a tracker called Rt.live which is a tool providing up-to-date information ab...


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ManyChat acquires Converlytics to offer analytics platform to clients

ManyChat, a leading Chat Marketing platform, has recently announced the acquisition of Converlytics. It enables businesses to analyze, quantify, and track valuable attribution analytics that connects Facebook Messenger to Shopify. Users of ManyChat P...


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Invoice processing platform Previse secures $11m in new funding

Previse, a fintech that aims at enabling suppliers receive faster payments, has recently announced that it has secured about $11 million in a new round of funding that was led by Reefknot Investments as well as Mastercard. Various other returning inv...


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U.S. FDA gives nod to University of Minnesota’s low-cost ventilator

The U.S. Food and Drug Administration (FDA) has reportedly given a green flag to the production and use of a low-cost ventilator designed by the University of Minnesota’s team of researchers along with an alumnus. The ventilator, dubbed the Cov...


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W2O acquires Symplur to track critical COVID-19 specific conversations

  The companies are using a proprietary technology to track specific conversations regarding COVID-19 The transaction marks W2O’s fifth purchase in nine months with Symplur now operating under the name of W2O Symplur W2O- a Californi...


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One Drop-Sano enter assets and intellectual property acquisition deal

One Drop, a leading digital health company, has recently announced the acquisition of the whole assets & intellectual property of Sano Intelligence Inc., a developer of wearable sensors. Several team members of Sano will join the company under th...


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Antengene doses first patient in ATG-019 trial to treat solid tumors

The study aims at analyzing the tolerability and safety of ATG-019 monotherapy or in combination with niacin ER Antengene is also exploring the potential of ATG-019 in the treatment of various other indications Antengene has reportedly announced...


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RTI International acquires MDA to expand real-world evidence offering

RTI International has recently closed the acquisition of MDA (Medical Data Analytics), an RWE (real-world evidence) generation provider to the pharmaceutical & biotechnology industry. Medical Data Analytics employs verified and screened physicia...


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LSU Health to test nitric oxide for better COVID-19 patient outcomes

LSU Health, a renowned public university focused on health sciences, has now reportedly become one of the first centers of the U.S. to start the enrollment of coronavirus patients in a global trial to test the use of nitric oxide to enhance outcomes ...


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CSC buys TCS, expands alternative investment fund capabilities in Europe

CSC, a leading firm providing legal, tax, as well as digital and business services across the world, has recently announced that it has finished its acquisition of TCS-Groep, a service provider of alternative investment funds (AIFs), based in Netherl...


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Evotec partners with panCELLa to enhance cell therapy plaform

Evotec gains access to panCELLa’s iPS cell lines known as- iACT Stealth Cells™ The company will also gain control over FailSafe™- a iPSC derived cell therapy Evotec SE- a Germany based biotechnology firm has reportedly signed ...


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Nestle Purina PetCare buys London-based pet food brand Lily’s Kitchen

Nestle Purina PetCare has recently announced that it acquired Lily’s Kitchen, a natural pet food brand that is also a leading manufacturer of premium dry & wet natural food for both cats and dogs. The latter’s range of products align ...


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nference software to synthesize scRNA-seq datasets to fight COVID-19

nference, an augmented intelligence-based biomedical company, reportedly unveiled a software resource that is capable of synthesizing disparate scRNA-seq (Single Cell RNA-sequencing) datasets to fight the coronavirus pandemic. This software resource...


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Battelle deploys respiratory masks and PEE decontamination system

From developed countries to emerging economies, people across the globe are demanding for protective masks to reduce the risk of getting infected by COVID-19. To cope up with increasing demand, Battelle Memorial Institute, an Ohio-based applied scien...


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Nexstim bags 2 orders for Navigated Brain Stimulation system in U.S.

Nexstim Plc, a Finland-based medical technology company recently announced to have bagged two new NBS (Navigated Brain Stimulation) System orders from two leading medical institutions in the U.S. The Nexstim NBS System leverages the company&rsq...


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Merck offers 300,000 masks for COVID-19 emergency response

Alike many organizations across the globe that have come forward to help healthcare workers and front-line responders to fight this global pandemic, Merck & Co., Inc., an American multinational pharmaceutical company, has announced that it would ...


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Amazon partners with research program to deliver COVID-19 testing kits

Amazon.com is reportedly teaming up with a Bill Gates-funded research program to offer pickup and delivery services of coronavirus testing kits in Seattle. The SCAN (Seattle Coronavirus Assessment Network), which is a group of public health, medical...


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UK approaches private sector companies to help deliver COVID-19 tests

The UK government has recently approached Amazon and some other companies to use their services to accelerate the urgent delivery of coronavirus tests to healthcare facilities and social care workers. As per sources close to the matter, the business...


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U.S. FDA nod for 20/20 BioResponse’s CoronaCheck ™ rapid test kit

The testing kits will be available with public health providers, hospitals and other medical institutions based in the U.S. CoronaCheck ™ was tested on 760 clinical samples in China BioResponse- a subsidiary of 20/20 GeneSystems, Inc. has...


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Air Co. plans hand sanitizer bottle donation to local restaurants

Air Co., a technology and lifestyle company, has reportedly redirected 100% production capacity of its CO2-based vodka to the development of hand sanitizer. The recent shift in the development of a new product line has been carried out, in partnershi...


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Virometix’s first-in-human trial of RSV receives approval from FAMHP

Respiratory syncytial virus (RSV) is a seasonal virus infection that can cause severe lower respiratory infection   The vaccine candidate can induce antibodies capable of neutralizing the virus Virometix, a private Swiss biotech firm invol...


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Innate Pharma doses first patient in IPH5201 Phase 1 clinical trial

The IPH5201 Phase I clinical trial is backed by positive pre-clinical results shown at the SITC AstraZeneca, the company’s partner, is the sponsor of the clinical study in solid tumors A commercial stage oncology-focused biotech company, I...


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CytoDyn files IND with FDA for PRO 140 trial in coronavirus treatment

Leronlimab can reduce the mortality rate in patients with moderate to severe cases of coronavirus   Patients will be treated with leronlimab drug over a period of 4 weeks plus allowed windows CytoDyn Inc. – a Vancouver based biotechn...


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Royalty Pharma acquires MGH’s royalty interest in Entyvio for $94 Mn

Royalty Pharma, one of the leading companies engaged in acquiring pharmaceutical royalties, has reportedly acquired royalties on Entyvio®(vedolizumab) from Massachusetts General Hospital (MGH) for USD 94 million. For the record, Entyvio is a mon...


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DiscGenics enrolls patients in Phase 1/2 discogenic cell therapy trial

The biopharmaceutical company completes enrollment for Phase 1/2 clinical study of IDCT to treat patients with degenerative disc disease A clinical stage biopharmaceutical company, DiscGenics Inc., focused upon developing regenerative cell-based the...


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Pivotal acquires Akcelis to accelerate clinical development procedure

Pivotal, a full-service contract research organization (CRO), has reportedly acquired Akcelis BVBA, one of the leading players in patient recruitment, engagement, and retention, to offer its existing and future clients with patients’ recruitmen...


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Khiron gains high-THC medical cannabis manufacturing quotas from TQG

Khiron Life Sciences Corp., a vertically integrated cannabis company, has recently obtained manufacturing quotas for high-THC medical cannabis from the TQG (Colombian Technical Quotas Group). The manufacturing quotas will authorize Khiron to produce ...


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Akumina and BlueModus join hands to improve end-user experience

Akumina, the leading digital workplace software platform, powering personalized digital employee experiences, recently announced plans to partner with BlueModus, a full-service technology agency. Together, BlueModus and Akumina provide cus...


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Altasciences announces acquisition of Alliance Contract Pharma

Altasciences Company, Inc., a clinical research organization specializing in end to end drug development, has reportedly announced the acquisition of U.S based pharmaceutical company, Alliance Contract Pharma. Following this acquisition, Altasc...


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Comcast confirms acquisition of free television streaming service Xumo

The free-streaming video service comes installed on smart televisions and is ad-supported   Video service supported by ads has a large appeal to the younger consumers Comcast, the telecommunications conglomerate based in America, recently...


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Clover partners with GSK for assessing coronavirus vaccine candidate

Burgeoning numbers of coronavirus cases have encouraged researchers to develop a viable vaccine candidate. Clover Biopharmaceuticals, a Chinese clinical-stage biotechnology company developing transformative and novel biologic therapies, has reportedl...


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Kadmon unveils expanded results from key trial of KD025 in cGVHD

Kadmon, a clinical-stage biopharmaceutical company, has reportedly announced expanded results from the earlier reported short-term analysis of ROCKstar (KD025-213), the company’s ongoing crucial trial of KD025 in chronic GVHD (graft-versus-host...


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Advaxis reveals positive data from Phase 1/2 ADXS-503 trial for NSCLC

Advaxis, Inc., a clinical-stage biotechnology company developing and commercializing immunotherapy products, has reportedly announced positive outcomes from the monotherapy and combination arms of its in progress Phase 1/2 clinical trial studying ADX...


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Mustang Bio observes complete response for MB-106 in lymphoma patient

  MB-106 has been developed for cancer in partnership with Fred Hutchinson Cancer Research Center Phase 1/2 clinical trial is assessing the maximum tolerable MB-106 dose Mustang Bio, Inc., a biopharma firm involved in the translations of t...


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FDA approves three drugs for counter use through Rx-to-OTC process

The U.S. FDA (Food and Drug Administration) has reportedly approved three drugs as an over-the-counter product; GlaxoSmithKline's Voltaren Arthritis Pain and Alcon’s two allergy-related drugs. As per sources, the agency has switched the sta...


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CheckMate-025 study reveals positive results of Opdivo treatment trial

Bristol-Myers demonstrates five year follow up results from CheckMate-25 Phase 3 study for Opdivo in patients with formerly treated advanced or metastatic RCC   As per the results, nearly 26 per cent of patients are alive from Opdivo treatme...


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Abeona presents positive interim data from ongoing MPS III trials

Abeona Therapeutics Inc., a leading biopharmaceutical firm focusing on cell and gene therapy, has recently revealed that Abigail Wexner Research Institute’s (AWRI) researchers from Nationwide Children’s Hospital have shown encouraging int...


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XTANDI® shows significant OS results in subjects with nmCRPC

Japanese multinational pharmaceutical company, Astellas Pharma Inc. and U.S-based Pfizer Inc. have reportedly announced results of final OS (overall survival) analysis from the Phase 3 PROSPER clinical trial, which assessed XTANDI® (enzalutamide)...


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Xerox ups bid to $24/share to acquire HP, hostile takeover now likely

The new deal amounts to $34 billion now.   HP had declined an unsolicited cash and stock offer of $22 per share. After months of relentless merger negotiations between the two printing behemoths, Xerox has reportedly decided to further bol...


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SAIC announces acquisition of Unisys Federal for USD 1.2 billion

The deal marks as the second-largest procurement by SAIC in recent times when it purchased Engility- another large contractor for a total valuation of USD 2.5 billion. The Unisys purchase will add an additional 2,000 employees to SAIC. In a ...


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BioMotiv, Bristol-Myers launch biotech firm Anteros under partnership

Anteros will focus on developing new class drugs for inflammatory diseases This is the first firm launched by the companies under their Strategic Partnership Agreement Drug development accelerator BioMotiv along with Bristol-Myers Squibb Company...


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Eaton to acquire PDI for data center power distribution solutions

Eaton Corporation Inc., an Irish multinational power management company, has reportedly agreed to acquire Virginia-based Power Distribution, Inc. (PDI). For a record, PDI supplies mission-critical power distribution, power monitoring equipment, and s...


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Kone hands in highest offer for Thyssenkrupp’s elevator unit at $18.9B

Kone, a Finland-based engineering and service company, is reportedly attempting to outbid rival companies with a preliminary offer of $18.9 billion (17 billion euros) for Thyssenkrupp’s elevator unit. The offer, initially valued at 15 billion e...


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Tazverik gets U.S. FDA nod for the treatment of epithelioid sarcoma

·         Tazverik received accelerated approval, that allows FDA to permit medication for serious ailments ·         The drug was also granted Orphan Drug...


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Boeing to develop VTOL technology with Israel’s Tactical Robotics

U.S. based aerospace company, Boeing has announced inking a partnership agreement with UAV specialist Tactical Robotics. Under this agreement, both the firms would jointly work on marketing, producing and developing airplanes with VTOL (vertical take...


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Vision Source to carry out mobile eye examination tour across the U.S.

The tour aims at raising awareness regarding the importance of annual eye checkups It will first kick start in North Carolina this week before moving to 12 other U.S. cities Vision Source® - North America’s leading optometric serv...


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Retail tech startup StoreHub raises USD 8.9M in Series A+ funding

The leading Southeast Asian technology company, StoreHub recently bagged USD 8.9 million in a funding round led by venture capital firm, Vertex Ventures Southeast Asia & India. The funding round also witnessed the participation of Accord Ve...


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Sol-Gel claims Twyneo’s top-Line Phase 3 trial results to be positive

  The company contemplates NDA filing in the second half of 2020 Top-line results exhibited statistically exceptional improvement on all co-primary end-points Sol-Gel’s acne treatment found to be efficacious Sol-Gel Technologies, Lt...


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Ant Financial acquires significant stake in Vietnamese eMonkey

Amid various M&As and collaborations taking place amid the ecommerce space, one of China’s leading finance firm, Ant Financial has announced taking over a sizable stake in Vietnam’s e-wallet platform, eMonkey. Ant Financial, which wa...


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Ford’s $1.45 Bn investment in two Detroit units to add 3,000 jobs

The leading automaker, Ford Motor Co. recently announced plans to add 3,000 jobs at 2 factories in metropolitan area and also to invest USD $1.45 billion to build new SUVs, pickups, autonomous and electric vehicles. With the new plan, Ford seems to b...


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Mercedes Benz postpones the US launch of its first mass-market EV

  Automotive giant has announced delaying the release of its first mass-market Electric vehicle, EQC in the states of US. The move is made to focus on fulfilling the strong demands for EQC across the Europe region first. One of the automot...


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Meiji Seika and Dong-A Socio begin Phase I clinical study of DMB-3115

  The study will compare safety, tolerability, and pharmacokinetics with reference products in Europe Subjects involved in the trial were first given a clinical dose on 13 December this year Japan headquartered Meiji Seika Pharma Co., Ltd....


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Puma Bio presents Phase II clinical trial data for neratinib at SABCS

  Puma Biotechnology will enroll more patients to obtain additional data to support the approval of combination therapy for metastatic breast cancer Puma Biotechnology, Inc., a biopharmaceutical firm based in California, recently announced ...


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Xeris reveals topline data from ongoing Phase 2 study of RTU glucagon

Xeris Pharmaceuticals, Inc., a specialty biotechnology firm that commercializes and develops ready-to-use (RTU) infusible and injectable drug formulations, has recently revealed topline results from its in-clinic stage Phase 2 trial of developmental ...


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Karyopharm presents four posters for XPOVIO® and Eltanexor at ASH 2019

Karyopharm Therapeutics, a renowned pharmaceutical firm focused on the development, discovery, and commercialization of new therapies to treat cancer and other major diseases, reportedly announced that four posters pertaining to XPOVIO®, the comp...


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Stoke Therapeutics unveils preclinical data on Dravet syndrome treatment

The data was presented at the annual meeting of American Epilepsy Society (AES) held in Baltimore   Stokes will apply for investigational new drug (IND) to the U.S. FDA in the first half of 2020 Massachusetts headquartered Stoke Therapeuti...


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Huawei sues FCC to overturn a ban from government subsidy program

Huawei and ZTE were first claimed to be potential national security threats by a U.S Congressional panel in 2012.  Huawei Technologies Co., Ltd., a Chinese multinational technology firm, has reportedly sued the U.S. Federal Communications Comm...


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Atomwise & StemoniX form JV for next generation drug development

Atomwise Inc., a U.S.-based AI system developer has recently formed a joint venture (JV) with biotech company, StemoniX Inc. to merge its AI technology with StemoniX's human microOrgan® platform. Sources close the move suggest that this would...


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Ocado to open new mini robotic Customer Fulfilment Centre in Bristol

It will be the first mini-robotic warehouse of Ocado in Bristol. Ocado, a British online grocer, has announced that it has been planning to open a mini robotic warehouse by 2021 to expand its customer base in the U.K. The revelation indicates that ...


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Chugai launches Tecentriq Intravenous Infusion 840 mg for treating TNBC

This would be the first registered immune checkpoint inhibitor for treating PD-L1-positive TNBC in Japan.   The drug has also been listed on NHI reimbursement price list. Chugai Pharmaceutical Co. Ltd., a Japanese drug manufacturer, has re...


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OSE Immunotherapeutics & HalioDx to partner in Tedopi® Phase 3 trial

The two firms would focus on analyzing and testing the clinical biopsy tissue samples from subjects participating in the Phase 3 Atalante 1 clinical study, currently under progress. OSE Immunotherapeutics, a clinical-stage biotechnology company dedi...


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China Telecom, Syniverse extend new connectivity solutions to Africa

CTG will design a cost-effective connectivity solution with superior performance and security   African mobile operators can adopt next generation of mobile internet services faster China Telecom Global, a leading telecom giant and subsidi...


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Sonos buys voice assistant startup Snips in a $37 million cash deal

Snips can help Sonos install voice control enabled with ‘privacy in mind’   The local machine learning shall handle different control commands American electronics firm, Sonos has recently announced that it bought Snips, a voic...


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FDA gives nod to Alnylam’s RNAi based drug Givlaari to treat AHP

  Givlaari is the second-ever drug from Alnylam to get approval from the FDA People with severe abdominal pain attacks will benefit from the drug the most Alnylam Pharmaceuticals Inc., a leading RNAi therapeutics company, recently announce...


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Meta Byte and Virsec to offer cybersecurity in the Middle East

Meta Byte Technologies, a provider of next-gen technology solutions, recently announced that it has inked a strategic partnership with Virsec, a leading firm in cybersecurity innovation and a renowned pioneer in cyber defense. The partnership will he...


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TikTok owner ByteDance in talks to enter subscription music business

Beijing ByteDance Technology Co Ltd, owner of popular short-video app TikTok has recently announced its intention to enter the streaming music business. The Chinese firm has set its sights on developing a brand new TikTok music app in the near future...


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Kiniksa Pharma releases final phase 2 clinical data for rilonacept

Data renders evidence of clinically improved outcome in recurrent pericarditis   Results were presented at the American Heart Association (AHA) Scientific Sessions 2019 Bermuda headquartered- Kiniksa Pharmaceuticals Ltd., a biopharma compa...


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U.S. FDA approves FETROJA® (cefiderocol) for treatment of cUTI

Shionogi & Co., Ltd., a Japan-based pharmaceutical company recently announced approval of drug cefiderocol (FETROJA®) by the U.S. Food and Drug Administration. The drug can now be used for the treatment of complicated urinary tract infections...


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Disney stock soars as Disney+ reaches 10 million sign ups on day 1

Reports confirm that Walt Disney Co shares climbed to a record high after the entertainment company revealed that its new streaming service, Disney+, had witnessed extraordinary consumer demand, touching 10 million sign-ups on its very first day. Th...


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China’s Xpeng Motors secures $400m to expand electric car production

  Xpeng has already launched vehicles like G3 SUV and P7 sedan Xpeng and investors like Xiaomi will work together to develop new technologies Xpeng Motors, an automobile manufacturing start-up based in China, has reportedly secured $400 mi...


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NEC and VAXIMM partner to develop personalized vaccines for cancer

NEC Corporation, a leading firm in network technologies and IT, and VAXIMM AG, a biotech firm focused on the development of oral T-cell immunotherapies, recently announced that both the companies inked a strategic agreement for a clinical trial partn...


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Gilead and Galapagos NV announce safety data for filgotinib in RA

The companies unveiled safety and efficacy results for filgotinib in numerous RA patients   This data will be presented at the annual 2019 ACR/ARP meeting in Atlanta Gilead Sciences, an American biopharmaceutical firm and Galapagos NV, a E...


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PredictImmune initiates its PRECIOUS study to validate PredictSURE IBD

The study would deliver crucial data that could help PredictImmune validate PredictSURE IBDTM in diverse patient populations.   PredictImmune has made its name by developing advanced tools for guiding treatment alternatives for diseases that ar...


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Eastman partners with Circular Polymers to recycle waste carpets

With each passing day, the challenges associated with waste recycling is intensifying across developed countries. Old carpets pulled from houses and commercial buildings have turned out to be the most problematic waste materials in the United States....


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Biodesix reveals adoption of Nodify XL2 for lung nodule management

Risk assessment in lung cancer has become a vital factor for patients with newly diagnosed nodules. Around 3 out of 4 patients are characterized with low to moderate nodules, for which there are no standard procedures to determine the cours...


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DCN adds new SD-WAN service to boosts enterprise network connectivity

SD-WAN technology is expected to witness an extraordinary growth in coming years. Some factors behind the market growth are better cloud connectivity, cost-effectivity, and reduction of OPEX. Various broadband, internet services providers are increas...


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U.S.-based ConnectWise announces acquisition of ITBoost and Continuum

ConnectWise has made some groundbreaking developments in the IT industry. With solutions helping in remote management and monitoring, business management, quote automation, cybersecurity risk assessments, and remote access and control, the company ha...


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Micron Ventures to take part in Volocopter’s Series C investment round

Increasing migration of people to urban localities is revolutionizing the mobility sector. The need for innovative solutions in transportation is fueling private aircraft manufacturers. Volocopter, a German aircraft manufacturer recently announc...


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Govt. of India allocates $8 billion to revive BSNL and MTNL

Since the arrival of 4G by private telco firms, BSNL has experienced a steep fall in its consumer base and has next to no presence in the telecom market. For couple of years, BSNL has operated in loss and is unable to remunerate its employees on time...


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Samsung SDS announces partnership with Tech Mahindra and Pega

Blockchain has managed to become the most effective invention of the century as it progresses towards becoming the backbone for a new type of internet, as well as is far more than what it was originally meant to do, i.e. record a ledger for digital c...


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Vodafone Idea & TCS extend their long-term partnership by 5 years

Indian telecom operator, Vodafone Idea Ltd., has reportedly extended its strategic partnership with IT conglomerate Tata Consultancy Services Ltd. by additional five years to improve its telecom user’s experience. In a joint statement, the two...


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Enlitic partners with Select Healthcare for early cancer detection

Artificial Intelligence in healthcare industry is set to be one of the highest revenues generating markets in the future due to the extraordinary benefits offered by this integrated system to the patients. Thus, collaborations between artificial inte...


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Harley-Davidson pulls the plug from its electric motorcycle production

For years, American motorcycle manufacturer Harley Davidson has been ruling the biking industry. It was one of major motorcycle firms that survived the great depression of the 1930s. However, with the advent of electric mobility worldwide, the motorc...


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Advaxis announces revised survival data in Phase 1/2 ADXS-PSA Trial

Drugs used for the treatment of various diseases are only made available in the market after confirmation of its safety and efficacy in patients enrolled in its clinical trials. Clinical studies indicate possibility of better outcomes for a given tre...


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Convergint Technologies acquires Real Connect to expand in Europe

Service based system integration firms are witnessing a substantial growth recently due to the integration benefits in quality and productivity of operations. Pertaining to the rapid industry growth and integration advancements, investment in the sys...


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Entos signs research and development agreement with anonymous partner

There is a substantial growth in the number of inflammatory and autoimmune diseases cases. Various firms across the world are increasingly working towards the development and discovery of drugs that can effectively treat these diseases. To significan...


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Kadimastem Announces Positive Results from Phase 1/2a Trial for ALS

Amyotrophic Lateral Sclerosis (ALS) is a progressive fatal neurodegenerative disease which causes low functionality in lower and upper motor nerves that control muscle function. It causes muscle weakness, paralysis, breathing problems and could event...


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Lumina Networks launches next-gen Intent Based Automation Solution

Industries nowadays are looking to maximize their business infrastructure in a bid to fulfill demands on safety, productivity, performance optimization and equipment availability. This growing demand has led several automation service providers to de...


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HP announces acquisition of end-point security startup Bromium

In today’s digital and interconnected world, the need for creating a safe and secure digital environment holds of a paramount importance. Technology security has become a vital issue which requires strict attention. Numerous organizations in th...


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FarmWise raises $14.5 million for sustainable farming robot systems

With the advent of technological advancements in the agricultural sector, farmers are now trying to address issues such as equipment management and crop care using robots. Numerous agri-tech companies are raising investments to develop cutting edge s...


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Kura Oncology conducts Phase 1 trial of KO-539 for treating AML

With each passing day, new technologies are enabling researchers to develop therapeutic drugs that can help aid mankind. Because of innovative technologies and research, there is an availability for treatments targeting numerous diseases. Biopharmace...


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Nexstar gets FCC nod on $6.4 billion acquisition of Tribune Media

Whether watching your favorite TV series or seeking the latest news updates, local television stations have long been an integral part of people’s lives across the globe. With growing subscribers, service providers and companies have started to...


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New York governor bans all flavored e-cigarettes in a vaping crackdown

Gov. Cuomo announced the ban on flavored e-cigarettes to address the growing cases of vaping related health illnesses and deaths among youths. An emergency action could go into effect within two weeks, banning all flavors of tobacco and menthol. ...


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Toyota plans to use same batteries as Tesla for China plug-in hybrids

·    The automaker is using batteries designed by Panasonic for Levin and Corolla hybrid sedans for the Chinese market.  ·    The move will help Toyota secure high-quality batteries as well as boost th...


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Sanofi pays $260Mn to terminate its partnership with Lexicon

The announcement resulted in a sudden surge of Lexicon’s shares, which went up by 37.8% to $2.37 in after-hours trading. France-based multinational pharma conglomerate Sanofi SA, is reportedly liable to pay a sum of $260 million to Lexicon Pha...


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Accenture acquires Pragsis Bidoop to strengthen technology expertise

The company plans to expand its technology expertise to help clients scale their AI capabilities and accelerate data-driven model.   Pragsis Bidoop will play a vital role in strengthening Accenture’s Applied Intelligence unit. Global...


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Patriot One buys XTRACT Tech to augment PATSCAN Platform capabilities

Patriot One is thrilled to integrate a highly talented team join its ranks since they share the company’s vision for building a world that is safe from mass violence. XTRACT team will bring with it leading-edge expertise in machine learning ...


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Lupin and Boehringer Ingelheim join hands to develop anti-cancer drug

The 2 major companies have inked a deal valued at USD 700 million for the development of the cancer drug.   Lupin to receive royalty on the sales of the drug developed while retaining the commercial rights to the program in India. Multinat...


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Rambus to acquire Secure Protocols & Silicon IP business of Verimatrix

Verimatrix and Rambus plan to enter an asset purchase agreement after placing certain pre-conditions.   The deal would allow the company to expand its global reach and deliver security solutions worldwide. Rambus Inc., a prime silicon IP a...


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Boehringer Ingelheim, Zealand initiate Phase 2 pilot of BI 456906

The German pharma company aims to initiate its phase II trial for BI456906 in late 2019, paying a sum of €20 million to Zealand Pharma A/S. Boehringer Ingelheim, a pharmaceutical company based out of Germany, and Zealand Pharma A/S, a biotechno...


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ZTE paves its way back to US smartphone market with Axon 10 Pro

Chinese manufacturer launches Axon 10 Pro in the US following imposed penalty few years ago. Axon 10 Pro is claimed to be driven by Qualcomm's Snapdragon 855 octa-core chipset. Chinese smartphone manufacturer, ZTE has reportedly marked its r...


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American fitness startup Peloton files for an Initial Public Offering

The startup has recorded annual revenue of $915 million and hopes to raise at least $500 million from its IPO. Peloton, a U.S.-based fitness startup that produces exercise equipment has reportedly submitted its paperwork for an initial public o...


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ThredUP receives $175M in funding, will use capital to expand platform

US-based online clothing resale store, ThredUP announced having received $175 million in funding which will be invested for the expansion of its online resale services to the retailers. The total capital raised by the company now goes beyond $300 mil...


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FDA authorizes antibiotic for community-acquired bacterial pneumonia

Xenleta (lefamulin) will be given Priority Review by FDA to act over its application in a quicker time frame.   The Food and Drug Administration approved Xenleta to Nabriva Therapeutics.     The Food and Drug Administr...


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FDA approves oncology drug that targets cancer with NTRK gene fusion

The approval includes an indication for pediatric patients over 12 years of age with NTRK-fusion-positive tumors based on information obtained primarily in adults. The U.S. Food and Drug Administration has recently granted approval to an oncology dr...


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Amazon to acquire 10% stake in household retailer Future Retail

Amazon plans to expand its reach in the Indian market in a bid to compete with Walmart owned Flipkart. Amazon Inc., a multinational tech company based in Seattle, has recently announced that it is about to close a deal to acquire Future Retail Ltd....


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KKR forms alliance with NVC Lighting, acquires share in NVC China

The resources and operational expertise of KKR supports NVC Lighting’s China Lighting business for sustained growth in the domestic market.   The alliance between the 2 companies will benefit NVC Lighting with 30 per cent of NVC China....


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IMT FA to launch in Asian markets as factory automation supplier

The factory automation supplier is set to launch its brand in the Asian markets by 2019. The company has attained patents and certifications related to the machine automation essentials for smart factory systems. South Korea based IMT FA, which ...


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Eureka Therapeutics initiates phase 1/2 trials of ET140202 ARTEMIS™

The Phase 1/2 study is a clinical trial of ET140202 ARTEMIS™ T-Cell therapy for the treatment of progressive hepatocellular carcinoma (HCC), one of the major types of liver cancer. Eureka Therapeutics, Inc., a biopharmaceutical firm focus...


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Translate Bio unveils interim results for MRT5005 in cystic fibrosis

MRT5005 has been designed to address the primary cause of cystic fibrosis (CF) irrespective of genetic mutation Reports confirm that Translate Bio, an mRNA therapeutics company, has recently announced the interim results from a first-in-human Phase ...


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Minut earns USD 8 million for camera-less home security device

The series A funding of Minut raised $8 million. The added advantage offered is home monitoring with no hinderance to individual privacy of people living there. A Swedish startup company formed in 2014, Minut has reportedly developed a camera-le...


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Bio-Rad wins motion against rival 10X Genomics in district court

The court has allowed 10X Genomics to sell products for use with already sold systems, subject to royalty payment. Bio-Rad Laboratories Inc., a manufacturer of clinical diagnostic products and life science research, has recently announced that the D...


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Compass takes over ROOT to enter Montreal Data Center Market

Texas headquartered Compass Datacenters has declared the acquisition of the Montreal based ROOT Data Center in order to expand its portfolio into the Montreal Hyperscale data center market. The deal follows days after Compass Datacenter’s annou...


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Amazon plans to build fulfillment centers in Akron & Rossford, Ohio

The company’s new fulfillment center would generate around 2,500 full-time jobs in Ohio.         Amazon.com, Inc., an American technological company, has recently announced its plans to build two new ro...


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Skyhawk signs pact with Genentech to develop oncology treatments

Skyhawk Therapeutics, Inc., a drug discovery and development company, has recently announced that it has entered into an agreement with Genentech, a Roche Group member, to commercialize and develop small molecules that modulate RNA splicing.  A...


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Gilead Sciences invests in Galapagos to expand drug R&D capabilities

Gilead will gain exclusive access to all of the existing and upcoming compounds in Galapagos’ pipeline Foster City, California-headquartered drug maker Gilead Sciences is reportedly in talks to increase its share in Belgian-Dutch biotechnology...


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CNOOC, Sinopec ink cooperation agreement to study offshore blocks

Both parties have reportedly signed three joint study agreement under the framework CNOOC Limited, the largest crude oil and natural gas producer in China, recently announced that it has signed a Corporation Framework Agreement with Sinopec Corp. ( ...


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OntarioMD adds 12 north west Ontario hospitals into HRM solution

OntarioMD, a company specializing in the selection, implementation and adoption of electronic medical records (EMR) and provincial digital health tools, recently announced that it will be adding 12 hospitals in north west Ontario to its provincial&nb...


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Auris Medical completes enrollment of Phase 1b trial of AM-201

AM-201 is an investigating drug being developed for the prevention of antipsychotic drug induced weight gain and somnolence. Auris Medical Ltd. – a biopharmaceutical company has reportedly completed the enrollment of its phase 1b proof-of-con...


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Hemostemix CLI trial abstract accepted for presentation by CSVS

Hemostemix Inc., a Canada-based biotechnology company recently announced that its CLI (critical limb ischemia) trial abstract has been accepted to be presented at the 41st Annual Meeting of Canadian Society for Vascular Surgery. For the record,...


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NGL Energy confirms Mesquite acquisition, secures investment form EIG

Combining the assets of Mesquite will create Delaware Basin’s largest water disposal system NGL Energy Partners LP, a diverse midstream MLP providing several services to end-users and producers, recently announced that it has completed its acq...


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Speech recognition AI startup Uniphore targets $38m in Series C round

Uniphore is anticipated to be valued at $130 million by the end of the current round Uniphore Software Systems, a Chennai-headquartered speech recognition solutions company, is reportedly in talks for a $38 million Series C funding round led by Marc...


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Flight Centre fortifies European footprint with acquisition of 3Mundi

Flight Centre Travel Group, an Australia-based travel agency has recently announced that it has acquired 3Mundi, a Paris-based corporate travel group. The acquisition has brought around $275 million in TTV, under Flight Centre’s global authorit...


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Translate Bio gets FDA nod for Phase 1/2 trial in OTC deficient adults

The trial is a significant milestone for the company as it advances a second mRNA therapeutic targeting a genetic disease into clinical development Translate Bio, an mRNA therapeutics company that develops transformative medicines for treating disea...


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Krystal announces positive results from GEM-2 study of KB103

The pharmaceutical company received Regenerative Medicine Advanced Therapy designation from FDA for KB103 Krystal Biotech, Inc., a gene therapy company recently announced positive results from a Phase 2 clinical trial of KB103 (the GEM 2 study) and ...


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PHASTAR and Medidata unveil technology partnership for data services

The partnership is aimed at transforming biotech and pharmaceutical sector to safely bring new healthcare options to patients Global CRO PHASTAR and Medidata Solutions Inc. have reportedly unveiled their brand-new technology partnership. The former ...


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Dr Reddy’s introduces medicinal equivalent of Vitamin K1 in US market

Dr. Reddy’s Laboratories Ltd., an India-based multinational pharmaceutical company, recently announced the launch of a therapeutic equivalent generic version of Phytonadione (Vitamin K1), Phytonadione Injectable Emulsion USP. The drug has ...


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DiaMedica unveils interim results from Phase 1b study of DM199 in CKD

The trial’s interim results met the expectations of the primary endpoints that include safety, tolerability and PK Clinical-stage biotech company, DiaMedica Therapeutics Inc, recently announced the interim results of Phase 1b study of DM199, a...


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Blue Prism advances its cloud strategy by acquiring Thoughtonomy

Blue Prism, a UK based multinational software company, recently declared to acquire UK-headquartered fast-growing technology company, Thoughtonomy. The buyout is likely to close by July 2019, claim sources. The integration of this AI technology comp...


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Nexen Tire partners with Plug and Play for future tech development

The partnership was announced at Plug & Play’s headquarter in Sunnyvale, California Nexen Tire, a leading tire manufacturer, recently announced that it has entered into a partnership with US-based Plug & Play, an early stage investor a...


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Celyad unveils clinical update on CYAD-01 trial for relapsed AML, MDS

Celyad, a biopharmaceutical company focused on the advancement of CAR-T cell therapies, has confirmed updated clinical data for the CYAD-01 program in r/r AML and MDS, presented through a poster presentation session on June 15, 2019 in Amsterdam, Net...


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Sunesis presents Vecabrutinib trial data at the EHA annual meeting

The Phase 1b/2 clinical trial assessed the efficacies of vecabrutinib in patients suffering from CLL & other B-Cell related malignancies. The preliminary data reported at the EHA meeting was from over 23 patients that were treated in the clini...


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Endonovo to launch opioid alternative SofPulse® across U.S. hospitals

The company expects to generate more than $300 million in sales by 2020 Endonovo Therapeutics, a commercial-stage developer of non-invasive medical devices that are designed to deliver its proprietary Electroceutical therapy, recently announced its ...


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Concert Pharma’s CTP-692 displays favorable results in Phase 1 Studies

Concert Pharmaceuticals, Inc., a clinical biopharmaceutical company, reportedly announced positive outcomes from two studies in its Phase 1 program assessing the effects of CTP-692, a novel deuterium-modified form of D-serine being created as an adju...


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Biogen to unveil new data on biosimilar anti-TNF portfolio at EULAR’19

Data to be presented at the European Congress of Rheumatology will confirm the efficacy and safety of the anti-TNF biosimilars and high adherence of patients who are being treated Biogen, a multinational biotechnology company, recently announced tha...


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Medtronic initiates pivotal trial for MiniMed™ 780G AHCL system

The next-gen system is designed to automate correction boluses delivery when a user experiences, or is likely to experience, prolonged high glucose levels. Renowned medical device company, Medtronic plc has recently announced the enrollment of initi...


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Goldfinch Bio instigates Phase 1 trial of GFB-887 for Kidney Disease

Goldfinch Bio, Inc., a biotechnology firm developing precision therapies for kidney disease patients, has reportedly started dosing in its Phase 1 clinical trial assessing GFB-887. The firm’s selective and sub-type specific small molecule TRPC5...


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Amazon’s Prime delivery air drone to go operational in a few months

The e-commerce giant claims its drone’s safety features to be as robust and stable as a commercial aircraft. Global e-commerce giant, Amazon has recently unveiled the latest version of its Prime Air delivery drone, claiming that it aims to lau...


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Minoryx Therapeutics begins its Leriglitazone phase-2 clinical trial

· A patient participating in the clinical trial has already been dosed with the company’s lead candidate, leriglitazone. · The patient was given the dose at Hospital La Paz in Madrid by a clinical team led by Dr. Francisco Javier...


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Thermo Fisher, Newomics ink disease biomarker validation partnership

The companies will look to develop and optimize microflow LC-MS solutions which could advance the understanding and diagnosis of complex diseases Leading biotechnology company Thermo Fisher Scientific has recently confirmed it will collaborate with ...


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BioTheryX bags FDA approval for acute myeloid leukemia treatment drug

The company expects enrollment of Phase I Trial during the third quarter of 2019. U.S. biotechnology firm, BioTheryX, Inc. has recently announced that the the U.S. Food and Drug Administration (FDA) has approved its investigational new drug (IN...


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NetApp, NVIDIA join forces to develop AI Centre of Excellence in India

It will help partners and customers who are looking for AI deployment as a part of their transformation journey NVIDIA, the graphics processing unit designer and NetApp, a data management service provider, have reportedly announced a partnership to ...


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BioMarin’s hemophilia gene therapy seeks approval in U.S & Europe

BioMarin Pharmaceutical Inc.’s experimental gene therapy, valoctocogene roxaparvovec, targeting severe hemophilia A in adults has reportedly met pre-specified clinical criteria to seek regulatory review in the U.S. and Europe.  According ...


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Victory Metals initiates Phase II drill program at Iron Point Project

The program will include drilling 49 holes using one diamond drill rig and two reverse circulation (RC) rigs. Vancouver-based Victory Metals Inc. has recently announced the launch of a 10,000-metre drilling program at its Iron Point Vanadium Project...


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Reprieve Cardiovascular reveals late-breaking AHF clinical trial data

The trials were set to determine the Reprieve-Guided Diuretic Therapy system’s ability to achieve safe net volume reduction while alleviating related symptoms in ADHF patients. Reprieve Cardiovascular™, one of the leading medical device ...


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AzurRx’s Phase II OPTION study of MS1819-SD achieves enrollment target

It has reached the enrollment target of 30-35 patients that was determined when the OPTION study was started in December 2018 AzurRx BioPharma has recently confirmed that it has achieved its enrollment target of 30-35 patients in the ongoing Phase I...


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Lilly’s low-cost insulin lispro hits shelves despite price disputes

Pharmaceutical major Eli Lilly has officially launched an inexpensive generic version of the insulin drug Humalog, reports of which made way to the headlines in March. If sources are to be believed, the launch has come on the heels of the outrageous ...


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Tocagen continues with Toca 5 Phase 3 trial in brain cancer patients

The trial is being conducted in patients with recurrent high-grade glioma An Independent Data Monitoring Committee recommended the study continue without modification Reports confirm that Tocagen Inc, a clinical-stage and cancer-selective gene ther...


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Coatue Management to lead $120 million funding in Rebel Foods

Faasos involves delivery-only restaurants and brands which helps it to save on real estate costs. The capital markets company Coatue Management will reportedly lead a $120 million funding round in food on demand company Rebel Foods, popular for its ...


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QIAGEN & Inovio team up to develop diagnostic for cervical dysplasia

QIAGEN has been bringing its extensive track record of commercially creating and marketing novel diagnostic tests to the collaboration. QIAGEN N.V. and Inovio Pharmaceuticals Inc. have reportedly announced that both the companies have collabora...


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Tata Sky collaborates with Amazon to introduce OTT aggregator service

Currently the company is looking at 66 cities across India and eventually the service will be available countrywide Reports confirm that Amazon and Tata Sky have recently introduced over the top (OTT) aggregator service called ‘Tata Sky Binge&...


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Tata Communications, Cisco extend partnership for new SD-WAN offering

The partnership will focus on allowing enterprises to transform their existing legacy network into a customized and more secure multi-cloud native hybrid network. Indian telecom conglomerate, Tata Communications has recently extended its partnershi...


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Intel and Cray team up to build a $500m exascale supercomputer by 2021

The two companies are developing the Aurora program, with a goal of putting together an exascale computing system for U.S. DOE’s Argonne National Laboratory Intel and Cray have recently announced that the two companies are developing the Auror...


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PTT Exploration & Production PLC selects VALLOUREC for supplying OCTG

Thailand-based PTT Exploration and Production PLC has reportedly selected Vallourec to provide oil country tubular goods for a demanding offshore project situated in Myanmar. In a recent turn of events, PTTEP, Thailand's national oil manufact...


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Google plans to close down its immersive film unit Spotlight Stories

The studio would close now after making stories for more than six years and putting them in VR, on screens and on phones   Permanent employees of the Spotlight Stories are expected to be offered other roles within Google Google has recentl...


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Two Blue Cross Blue Shield insurers combine with Oregon’s Cambia

Both the companies would reportedly merge the administrative, operational, and corporate management services under the brand name Cambia Health Solutions Insurance operators Blue Cross and Blue Shield of North Carolina have recently declared that th...


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US insists Germany drop Huaweis equipment from its 5G infrastructure

Germany has been urged to bar equipment provided by Huawei and other Chinese manufacturers This would be the first time U.S. is threatening a country against consequences for using Huawei equipment Reportedly, a letter from U.S. Ambassador Richa...


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Roches Tecentriq® gets U.S. FDA nod for patients with breast cancer

The cancer immunotherapy drug could significantly reduce the risk of disease worsening or death (PFS) in patients by 40%. Swiss healthcare conglomerate, Roche AG has recently announced that the U.S. FDA (Food and Drug Administration) has granted app...


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ASLAN, BioGenetics ink deal to commercialize AML therapy in S. Korea

ASLAN would grant BioGenetics exclusive rights for commercializing ASLAN003 in South Korea The therapy showed early signs of efficacy and safety in refractory and relapsed AML patients Clinical-stage oncology-focused biopharmaceutical firm, ASLA...


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Suven enters new purchase agreement to acquire Rising Pharma assets

Suven has entered the asset purchase agreement through its JV partner, Shore Suven Pharma, Inc.   Following the deal’s announcement Suven Life shares went up by 0.45%, trading at approximately INR 268 apiece. Suven Life Sciences Ltd....


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Softbank launches $5B fund for Latin America’s technology landscape

The fund will be used to pour in capital for the development of technology startups in Latin America.   The fund’s location for headquarters remains undecided so far. Japanese holding conglomerate Softbank has apparently made it to t...


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Johnson & Johnson’s Spravato gets FDA approval for treating depression

The drug is aimed at patients with severe depression who have shown resistance to two antidepressants they have tried. The U.S. Food & Drug Administration (FDA) has recently granted approval for Spravato, the ketamine-derived nasal spray develop...


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