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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.
AI vocal biomarker technology provider Ellipsis Health has reportedly disclosed a strategic partnership with healthcare technology company Augmedix. In addition to allowing healthcare professionals utilizing Augmedix to incorporate mental health a...
A strategic agreement to produce next-generation battery was announced by Enevate and NantG Power, two leading battery innovation companies that enable high-speed charge and energy density battery technologies for electric cars (EVs) and other applic...
Denodo, a leading data management company, and TPG, a global alternative asset management enterprise have reportedly signed an official agreement for TPG Growth, the business's equity and middle market platform, to make a $336...
Air India has reportedly signed an interline partnership with Bangkok Airways for enabling its guests to take convenient connections through its Hong Kong, Bangkok, and Singapore gateways from and to 10 destinations in Laos, Thailand, and Cambodia on...
SAP SE and Google Cloud have reportedly announced an expanded relationship at Google Cloud Next to assist organizations in harnessing the potential of data and generative AI. The businesses will link their open data clouds using SAP Datasph...
American multinational corporation, Emerson has reportedly announced a definitive agreement for acquiring FLEXIM Flexible Industriemeßtechnik GmbH, a global frontrunner providing clamp-on ultrasonic flow measurement for gases, liquids, and stea...
Hindalco Industries Ltd, a multinational aluminum rolling and recycling company, and Texmaco Rail & Engineering Ltd, an engineering firm, have reportedly forged a strategic alliance to create high-quality aluminum rail coaches and wagon...
Roche has reportedly announced the expansion of its business partnership agreement with Sysmex. As part of the updated framework, the firms renewed their commitment to their long-standing collaboration. Roche has worked with ...
The Port of Oakland announced a new partnership with QuayChain Technologies (pronounced keychain), which provides a new source of real-time and precise street data that will assist the Port of Oakland provide important data to stakeholders. Appare...
Deloitte has reportedly unveiled a new approach based on connectivity for ESG data collection and sustainability management that combines AT&T and Salesforce technology to help organizations streamline processes, improve the integrity of dat...
Burjeel Holdings has reportedly partnered with U.S.-based BridgeBio Pharma to begin a multi-phase initiative to treat and cure rare diseases in the Mena area while providing patients with world-class healthcare alternatives, with funding from th...
Indian multinational Frontrunner, Tata Consultancy Services (TCS) has reportedly disclosed plans to expand its Azure Open AI expertise and get nearly 25,000 of its associates skilled in Azure Open AI for helping clients in accelerating the adoption o...
Dropbox has reportedly unveiled a new $50 million venture fund, Dropbox Ventures, focused on startups in the AI space. Dropbox Vice President and General Manager Sateesh Srinivasan stated that Dropbox Ventures will give mentorship as well as finan...
Safran, the French aerospace giant, has reportedly confirmed that it is in talks with Raytheon in order to acquire certain flight control systems and actuation operations as part of the competitive bidding procedure. Sources reveale...
Boreo Plc, a leading Finland-based electronics firm, reportedly signed a share purchase agreement to acquire the share capital of Delfin Technologies Oy, from the Company's CEO Jouni Nuutinen, a group of private shareholders, ...
The U.S.-China decoupling is reportedly leading to a divided tech landscape between these two major economies for defining the development of the hot space of generative AI, which converts text into different types of content like prose, graphics, an...
Alibaba, the renowned Chinese internet giant, is reportedly working on significant job cuts, that will account for around 7% of its workforce as part of its plans for separate IPOs (initial public offerings) for its several business groups. For th...
Renowned Dubai entities, the Dubai Civil Aviation Authority or DCAA, and Dubai Municipality have reportedly inked a memorandum of understanding (MoU) for collaborating on the Dubai Horizons project in a bid to plan drone flight routes as well as land...
Renowned fulfillment management technology startup, Pando has reportedly invested $30 million in a Series B round, bringing its total funding to $45 million in a bid to strengthen investments within the supply chain sector. Apparently, the funding...
South Korean MNC Samsung reportedly wrote down a 95% slump for its operating profit in the first quarter, stating dramatic fall in demand and prices of memory chips as the ground for the loss. Samsung revenue went down by 18% year-on-year to stand...
In a quick turn of events, the shares in electric vehicle (EV) maker, Tesla dropped over 4% after the firm reported Q1 earnings after the bell. According to Refinitiv estimates, the earnings per share were valued at 85 cents adj. vs 85 cents expec...
House prices in New Zealand reportedly dropped to a historic low in the year leading up to March, as rising interest rates and weak economic growth drove homebuyers away. According to CoreLogic New Zealand, prices dropped 10.5% from a year ago, th...
Acko, an Indian insurtech company backed by leading U.S. e-commerce and tech giant Amazon, is reportedly in late-stage negotiations to acquire $120 million in a funding round at a point where the South Asian industry's significant finance discuss...
Microsoft, the U.S.-based tech company, has reportedly launched a Notion-like hub spot, Microsoft Loop, for organizing projects and tasks that sync throughout Microsoft 365 apps and platforms. Apparently today, Microsoft witnessed the public previ...
Slice, the well-known Indian unicorn fintech startup, has reportedly secured a 5% stake in the Indian bank, namely North East Small Finance, which analysts say is a crucial milestone in the journey of the unicorn fintech company against rising headwi...
Tesla, the prominent American electric carmaker, has reportedly planned to open up a new factory in Mexico, following other automakers in building their presence in the south of the U.S. border. Mexico's President, Andres Manuel Lopez Obrador, c...
In January, the inflation rate in the U.K. reportedly fell for the third month straight to 10.1%, falling short of economists' predictions, but high energy and food prices continued to impose stress on British families. Economic polls estimate...
OpenAI, the American AI company and maker of the prominent chatbot, ChatGPT, has reportedly launched a software tool to detect artificial intelligence (AI) generated text, the firm announced in a blog post on Wednesday. ChatGPT is a free tool that...
Twitter, the well-known social media platform now owned by Tesla boss - Elon Musk, has reportedly placed lots of potential items from its headquarters in San Francisco up for auction online. A statue of the company's famed bird logo is present...
Guangzhou and Chongqing cities of China have reportedly reduced COVID-19 curbs following the clash between police and demonstrators in southern Guangzhou, against the world's harshest coronavirus restrictions. The protests have grown to be an ...
Canada would invest $708 million (CAD 970 million) for the development of a grid-scale small modular reactor (SMR), according to a recent announcement by the Minister of Natural Resources Jonathan Wilkinson. The SMR is a novel nuclear ...
The Rockefeller Foundation has reportedly announced that it intends to donate $15 million to the Global Fund to fight Tuberculosis, AIDS, and Malaria, ahead of the Fund's 7th Replenishment Conference this week. The Fund alliance seeks t...
According to recent court documents, Facebook parent Meta has settled worth USD 37.5 million for a lawsuit that accused the tech giant of tracking user movements through smartphones without their permission, thus violating their privacies. The set...
Leading Japanese automobile manufacturer, Toyota is reportedly rethinking its approach to the Indian market, doubling down on the wager that India, alongside other emerging countries will come to love its hybrid vehicles given the right price. ...
The Governor of California has issued a state of emergency for monkeypox to speed efforts to expedite the fight against the outbreak. In a statement, Gavin Newsom claimed that the state is working with the federal government to get more vaccines, inc...
According to the official data, around 5,450 Australians have been admitted to hospitals on Monday (25th July) with COVID-19, setting a record as the spread of extremely infectious new sub-variants of Omicron puts pressure on the country's health...
The stronger U.S. dollar led to a USD 900 million decline in Q2 revenue. IBM’s second-quarter revenues were supported by growing demand from the consulting and infrastructure sectors. IBM Corporation has reportedly surpassed quarterly...
The Indian government's COVID-19 vaccination drive has reached 2 billion recently with the help of booster doses for all adults that are currently being administered to all people, although daily illnesses lately have reached a four-month high. ...
Wheelocity, a supply chain startup that manages fresh food supplies for on-demand delivery platforms in India, has reportedly raised USD 12 million in the Series A fundraising round as it strives to expand its workforce and product offerings. Acco...
The greatest gambling center in the world Macau has reportedly shut down its 30-plus casinos and other businesses for one week, sending shares in gaming companies plummeting as the government battles to control the worst coronavirus outbreak yet...
As a part of its first phase to broaden access to its medications, the French pharmaceutical company Sanofi S.A. will make 30 of its therapies, including insulin, accessible on a not-for-profit model in 40 lower-income nations. The procedures will...
Macao has reportedly started a new series of COVID-19 testing for its 600,000 residents on July 4th as the world’s biggest gambling hub focuses on curbing the increasing number of infections in the city’s worst outbreak. All residents ...
Amid steady economic recovery under the country’s stringent zero-Covid-19 policy, cities in Eastern China have yet again tightened curbs to limit the spread of coronavirus, as new clusters have showcased an unprecedented rise in the area. New c...
Researchers studying the genetic nature of the monkeypox have recently claimed that the virus has been mutating more than estimated. According to the National Institute of Health of Portugal, at least 50 genetic mutations are found in monkeypox when ...
A U.S. judge has reportedly refused to toss out a USD 6.4 billion lawsuit that claimed pharma giant Bristol Myers Squibb Co. postponed the release of its cancer drug Breyanzi to avoid paying out dividends to stakeholders and investors of the formerly...
While Asia is already importing large volumes of Russian crude oil, sources with relevant information cited that Russia is increasing naphtha and gasoline supplies to the Middle East as well as Africa as it faces challenges to sell fuel in Europe. ...
According to e-commerce logistics major Xpressbees, the previously launched same-day delivery service for direct-to-consumer brands has now been expanded to more than 1,000 cities and towns, which will help businesses grow their online presence while...
Joining the bandwagon of major conglomerates that have quit operations in Russia, IKEA has recently issued a statement claiming that it would close offices, liquidate factories, and reduce its strong workforce of nearly 15,000 employees in Moscow, fo...
Software major Adobe Inc. has recently emended several of its 3D content creation tools to make them compatible with Apple Inc. computers complimenting the iPhone maker's exclusive "M" series CPUs, cited sources with relevant informatio...
A leading, developer-friendly enterprise hyperautomation platform at the forefront of digital transformation, bringing order into enterprise automation chaos. GHENT, Belgium – June 13, 2022 – Waylay, a pioneering hyperautomatio...
TOKYO, Japan and GHENT, Belgium – June 13, 2022 – Yokogawa Electric Corporation (TOKYO: 6841) and Waylay NV (“Waylay”) announce that Yokogawa has invested in Waylay, a leading Belgium-based enterprise information technolo...
Novavax Inc. has announced that its COVID-19 adult vaccine (NVX-CoV2373) which is expected to be used in the U.S. after receiving the approval from the Food and Drug Administration (FDA), would be produced by the Serum Institute of India (SII). Al...
Various biotech firms are pushing for technological advancements through R&D and strategic collaborations to gain a competitive advantage. To that end, Samsung Biologics, the biotech division of the conglomerate Samsung Group, has reportedly sign...
China is reportedly concluding its cybersecurity probe on the ride-hailing giant Didi Global Inc. after which the company shares rose about 70%. The recent development echoes Beijing's continued attempts to boost economic growth. Didi and two ...
According to U.S. Commerce Secretary Gina Raimondo, the Biden administration is actively considering placing more Chinese enterprises on the national budgetary blacklist over concerns that some companies are trying to dodge US sanctions. For those un...
The biotechnology firm is in advanced deliberations with various countries to mitigate the recent spike in monkeypox cases. Even the EU was found to be in talks with Bavarian Nordic for a potential vaccine supply deal. Bavarian Nordic, a Da...
Several prominent infectious disease experts are calling for more action from the World Health Organization as well as governments for quick intervention to prevent monkeypox from spreading more. The group is requesting worldwide authorities not t...
The WHO claims over 200 cases of the monkeypox virus have been detected in North America and Europe. Spain is reportedly planning on acquiring the monkeypox vaccine, as the number of cases in the country rose to 55. Roche Holding AG along w...
One of the leading vaccine producers Serum Institute of India is planning to establish its first manufacturing unit in Africa as it tries to double down on its success after selling COVID-19 vaccines across the globe, according to CEO Adar Poonawalla...
The World Health Organization (WHO) expects to see more monkeypox cases as it expands surveillance in places where the disease is relatively uncommon. The UN agency recently revealed that the first European case of monkeypox was confirmed on May 7...
Walmart Inc. reported lower-than-expected earnings which sent its shares down by more than 8%. The company claims that its profits were predominately hampered by inflation, especially the surging fuel and labor costs. Like other retailers, W...
According to a recent study by the World Health Organization, the COVID-19 situation has not improved the world's readiness, and given the current economic downturn, it may even be worse. This is primarily due to a lack of funding for the World H...
The Food and Drug Administration (FDA) has reportedly approved booster shots for children aged between 5 and 11 years against COVID-19 to help prevent further infections. The directive will allow this age group to get a third shot around five months ...
Amazon India has claimed to have created over a million jobs and generated USD 5 billion worth in exports through its operations in the country. It has also helped over 4 million small and medium enterprises (SMEs) including weavers, artisans, and lo...
More than one million COVID-19 deaths have been reported in the United States, marking an unprecedented milestone just two years after the first cases were found that eventually reshaped everyday lives. U.S. President Joe Biden has also noted this...
Pfizer Inc. is reportedly planning to acquire Biohaven Pharmaceutical Holding Co. for USD 11.6 billion in cash to obtain an approved drug ‘Nurtec ODT’ for treating migraine in adults. The move will allow the American biotechnology giant t...
China’s Capital, Beijing has reportedly shut down dozens of its bus routes and metro stations to cease COVID-19 from spreading further as well as to evade the same fate as Shanghai where around 25 million residents have been under a strict lock...
Several patients, doctors, regulators, and researchers are likely to have easier access to health data by 2025, according to a recent plan from European Commission, to ensure enhanced diagnoses, reduced unneeded expenditures from duplicate medical te...
The world’s largest online retailer Amazon.com Inc. has announced that its paid-time-off policy for individuals suffering from COVID-19 would end soon. The development comes after COVID-19 vaccines are found to be abundantly available and new g...
Pharma giants Pfizer Inc. and BioNTech SE have applied to the FDA (U.S. Food and Drug Administration) for a EUA (Emergency Use Authorization) for a 10-µg booster dose of the Pfizer-BioNTech COVID-19 booster vaccine for children aged 5 to 11. ...
Shionogi & Company Limited, a Japanese pharmaceutical company, has revealed that its antiviral pill can swiftly remove Coronavirus infection following an investigational treatment carried out by the drugmaker. The pill, recognized as 'S-21...
The World Health Organization (WHO) recently issued a warning that at least one child death has been recorded from the reported cases of acute hepatitis – inflammation of the liver, of an unknown origin found in children, with 169 cases observe...
National Grid, the multinational electricity and gas utility company, has announced plans to phase out hydrocarbons from its heating systems in Massachusetts and New York by 2050, mostly by extending the use of electrical heating pumps and obtaining ...
New cases of bird flu have been found in a backyard flock in Utah and Pennsylvania's commercial chicken flock, marking one of the worst outbreaks in the nation’s history, according to the U.S. Department of Agriculture (USDA). The federal a...
The company ferries its workers’ to-and-from secure accommodation or allows them to stay onsite. Tesla and Volkswagen were also forced to shut down their operations in Shanghai. Automotive parts maker Robert Bosch GmbH has reportedly suspe...
Thoma Bravo is reportedly planning to acquire Texas-based SailPoint Technologies at a valuation of USD 6.12 billion as part of its elevated ambition for expanding its portfolio into the security software space. Sources claimed that this will fortify...
To avoid tougher regulations introduced by Brussels, several drugmakers have reportedly agreed to speed up the market debut of new treatments in underserved European Union member states. In a statement, the EFPIA (European Federation of Pharmaceutic...
U.S. regulators are reportedly looking into whether e-commerce giant Amazon.com Inc. used data from merchants operating on its platform to build its products. The Securities and Exchange Commission has been enquiring about communications including em...
Senators in Congress are reportedly negotiating to add another USD 10 billion in COVID-19 funds to handle the needs of the United States while writing off foreign assistance from the package. A vote on this could come out as soon as this week and the...
Bharat Biotech International Limited and Serum Institute of India have reportedly halted their COVID-19 vaccine production in the country and will instead focus on non-Covid vaccines. The development comes after the demand for vaccines slips given th...
WHO authorization is vital to be a part of the COVAX global vaccine program. Canada has already agreed to purchase at least 76 million Medicago COVID-19 vaccines. Medicago Inc., whose COVID-19 vaccine has already been approved in Canada, is now...
BMW AG is reportedly planning to make a foray into battery manufacturing to expand on its electric vehicle portfolio. The luxury automaker brand will now mirror the footsteps of Volkswagen Group, General Motors Company, and Mercedes-Benz by making he...
According to reliable sources, the U.S. Travel Association has urged the White House to lift COVID-19 travel restrictions and revoke the mandates that require wearing masks on flights and in other modes of transportation by April 18 this year. Throu...
CommerceIQ, a retail e-commerce platform, has reportedly bagged USD 115 million in a Series D funding round that was spearheaded by Softbank Vision Fund 2, now valuing the company over USD 1 billion. The fundraising also saw participation from exist...
With the dramatic upswing in infection rates in some parts, India is now reportedly attempting to make the country's entire adult population eligible for COVID-19 booster doses. Many Indians have found it challenging to travel overseas without a ...
In an executive order, the White House has announced some strategic and comprehensive plans for cryptocurrency regulations. The Biden administration has described the latest announcement as the first-ever in-depth approach by the government to addres...
New reports of hacking campaigns associated with Russia’s war in Ukraine have emerged, with the stories focusing on one of the most obvious aspects of the invasion: cyberwarfare. Many experts had predicted that Russia would launch cyberattacks...
Samsung Electronics Co. Ltd. has reportedly halted its product shipments and services in Russia as well as donated USD 6 million to support Ukraine. The South Korean tech behemoth has become the latest multinational firm to comply with the sanctions ...
Pfizer Inc. is likely to supply at least 10 million courses of the Paxlovid, the company’s COVID-19 antiviral drug, to low- and middle-income countries. The company might provide highly effective pills to a healthcare NGO called the Global Fund...
Norway’s sovereign wealth fund, which is known to be the world’s largest, is reportedly planning to vote against Apple Inc.’s management remuneration policy. The news comes after an advisory firm asked the investors to act against t...
Aston Martin anticipates a strong turnaround as it focuses on new launches, more profitable models, and plans to increase prices across its line-up. Better sales have helped the British luxury carmaker narrow its annual loss in 2021 and the company s...
The World Health Organization recently announced the launch of a new center in South Korea to train lower- and middle-income class countries to manufacture their therapies & vaccines, which will be pivotal in expanding its COVID-19 vaccine projec...
German insurance company Allianz has reportedly fired two of its asset managers who were in charge of a group of investment funds that collapsed after recording heavy losses when the COVID-19 pandemic triggered major market waves. The rapid degenera...
The Union Health Ministry recently announced that India's total COVID-19 vaccine coverage has reached 1.75 billion, with over 7 lakh doses administered in the previous 24 hours. As per sources, India's COVID-19 vaccination coverage has excee...
Hong Kong has had massive success in battling the COVID-19 pandemic, but the Omicron wave has put a dent in its record as the city’s efforts were found to overwhelm the population. The very steps that saved lives are now making normal living di...
According to the World Health Organization, AstraZeneca Plc's COVID-19 vaccine has a relatively shorter shelf life, which is complicating distribution prospects to the world's poorest nations. This is the latest hurdle in the COVAX vaccine sh...
Starbucks is reportedly facing heavy public criticism in China for the second time in less than three months after an incident at one of its outlets led to an uproar on state media as well as by online users. For those unaware, the company made head...
According to the World Trade Organization, global trade bottlenecks are primarily being caused by sudden spikes in demand rather than supply chain disruptions, and this pressure is likely to ease in the coming months. Last October, The World Trade O...
Amazon.com Inc., the global e-commerce colossal, has reportedly initiated Season 2 of its Propel Startup Accelerator, which will enable Indian brands to boost exports and thus gain global recognition. The company had previously introduced start-ups ...
According to SpaceX, a geomagnetic storm that occurred a day after the launch of Starlink internet satellites on February 3rd has had some devastating effects. The company stated that up to 40 satellites will re-enter or have already entered the atmo...
The World Health Organization (WHO) has reportedly conducted a survey to analyze the impact of the COVID-19 pandemic, which showed that healthcare services were disrupted in at least 92% of the 129 countries. This includes minimal health services suc...
Match Group-owned Tinder and Bumble are two of the biggest online dating companies, of which, the former has established a big position in Europe. Aiming to catch up in this market, Bumble Inc has reportedly bought France-based Fruitz in its first ac...
South Korea is reportedly planning to modify its present COVID-19 quarantine system and manage the virus like the seasonal flu after about two years of the pandemic. The news comes as the number of severe cases despite Omicron’s rapid spread. ...
The Home Depot Inc., the world’s largest home improvement retailer, is reportedly planning to employ 100,000 people across all its stores and warehouses. The company is gearing up for the upcoming spring season when demand for home-improvement ...
Wasabi Technologies has reportedly opened a new storage region in Equinix Paris to cater to the elevated demand for its hot cloud storage and to be in proximity to its customers as well as partners throughout France. This new storage region, the fir...
Spotify is reportedly planning to add a content advisory to its podcast division for any episode that discusses the COVID-19 pandemic. This move comes after the streaming app received a lot of flak for supporting podcast host Joe Rogan's dispers...
The United States has reportedly delivered around 400 million COVID-19 vaccine doses to over 112 low-income or underdeveloped countries, according to the White House. The announcement echoes the U.S. government’s pledge to donate 1.2 bill...
India’s food delivery behemoth Swiggy has reportedly bagged USD 700 million in a Series K funding that was spearheaded by Invesco, now valuing the seven-year-old startup at USD 10.7 billion. The recent development comes just six months after th...
McDonald's Germany has reportedly teamed up with Targomo, a location intelligence business, to meticulously plan its expansion requirements. Targomo uses Artificial Intelligence (AI) to analyze geospatial data and unlock the full potential of loc...
Israel has already begun to give booster doses to its 12-year-old children. Even the FDA has authorized the third dose of Pfizer/BioNTech COVID-19 vaccine for children aged between 12 to 15. There is currently no evidence regarding...
INDmoney, an Indian wealth management platform, has reportedly secured USD 75 million in a Series D funding round that was co-led by Tiger Global, Dragoneer, and Steadview Capital. The firm intends to use the fresh funds to develop an all-inclusive f...
The chairman of the Suez Canal Authority (SCA) reportedly said that the expansion project of the Suez Canal is likely to be finished in July 2023 following two years of work. After the Ever Given cargo ship ran ashore and jammed the waterway for six...
Volkswagen is reportedly planning to ramp up its electric vehicle (EV) offense in the world's largest auto market, China in 2022. The announcement comes after the German automotive giant failed to miss out on its sales targets by a slight margin ...
Tesla Inc. has reportedly signed its first nickel supply agreement in the U.S., choosing Talon Metals Corporation’s Tamarack mining project in Minnesota. The automaker intends to manufacture the battery metal for the EV in a more environmentall...
Hexagon AB, a global pioneer in digital reality solutions that combines sensor, software, and autonomous technologies, has announced the acquisition of Minnovare, a leading producer of underground drilling technology that enhances speed, cost, and ac...
BMW Group India has reportedly logged its highest growth in 10 years last year as it delivered 8,876 units of vehicles including both MINI and BMW models, along with 5,191 motorcycle units. Sources stated that 8,236 vehicles were sold under the BMW b...
Israel PM Naftali Bennett recently announced that Israelis aged 60 and above, and medical personnel, can receive a fourth shot of the coronavirus vaccination as the region witnesses a spike in COVID-19 cases. The Pandemic Response Committee recommen...
France has recorded around 104,611 COVID-19 cases, a record high for the country since the pandemic began back in March 2020. Saturday (25th Dec) was the third day in a row the country reported to have record-breaking levels of infection. This incre...
The company has closed seven of its stores in the last two days. Apple is introducing free two-hour shipping to support Christmas shopping for customers. Numerous Apple Stores have been temporarily shut down following a recent spike in COVID-19 ...
AstraZeneca recently announced to have collaborated with Oxford University to develop a vaccine for the Omicron Coronavirus variant, joining the growing list of vaccine developers that are currently working on creating the vaccine. The drugmaker cla...
Nike's second-quarter sales had increased by 12% in North America. Even the company's overall revenue had surged by 1%, reaching 11.36 billion in the second quarter. Nike Inc. has reportedly surpassed quarterly revenue and profit project...
In California, a lawsuit has reportedly been filed against BMW, alleging that the BMW X7 and other models have a design defect involving cupholders. The action was filed in the United States District Court by BrightK Consulting Inc, represented by a...
Zara’s owner Inditex along with H&M have reportedly recorded a surge in sales volumes that reached pre-pandemic levels, as the two leading fashion retailers witnessed rapid demand recovery despite challenges in global supply chains. Indite...
Facebook owner, Meta Platforms has purchased name rights to U.S. bank Meta Financial Group, through Delaware-based firm Beige Key LLC. Meta Financial and its subsidiary MetaBank will have a duration of one year to eliminate ‘Meta’ from...
South Korea is reportedly set to launch a trial project employing AI, facial recognition, and thousands of CCTV cameras to track the movement of coronavirus-infected individuals, regardless of their privacy concerns. This initiative in Bucheon, one ...
The U.S. is witnessing a record high surge in demand for COVID-19 booster doses amid rising concerns regarding the newly found Omicron coronavirus variant, prompting millions of Americans to get these shots. The government data shows that each day a...
In the face of global nutrition crisis, investors handling USD 12.4 trillion worth of assets are urging governments and food & beverage businesses to speed up the transition to healthier product offerings. In a pledge made at Tokyo Nutrition for...
Japanese multinational conglomerate Toshiba Corporation has reportedly declined potential private equity buyout offers at a significant premium. It has also walked away from talks of a minority stake holding from Brookfield Asset Management, Inc. So...
The new COVID-19 Omicron variant has reportedly spread to one-third of the United States. However, as infections spread across the country, the Delta variant still remains the most common, according to U.S. health experts. Dr. Anthony Fauci, the top...
The country has now set a two-month target to provide the third dose of vaccines to every citizen aged above 18. The U.K. government is also set to sign vaccine deals with top companies like Novavax, Sanofi and GlaxoSmithKline. The United Kingdo...
Air passengers in the United States will reportedly be subject to extensive COVID-19 testing rules as several nations are sealing off their borders fearing the virulence of the Omicron variant and its ability to evade existing vaccines. According to...
E-commerce corporation eBay has entered into an agreement with and Sneaker Con Digital to acquire the latter’s sneaker authentication business. The acquisition is an expansion of the ongoing partnership between Sneaker Con and eBay, which cente...
The government of Japan is reportedly planning to bar the entry of overseas travelers for a month in an effort to curb the spread of the Omicron COVID-19 variant in the country. The restrictions will prevent the entry of interns, business travelers, ...
India’s fintech startup Slice has reportedly raised USD 220 million in Series B funding led by Tiger Global and Insight Partners. Other investors that participated in the fundraising included Advent International’s Sunley House Capital, A...
Telecommunication majors AT&T Inc. and Verizon have reportedly decided to temporarily limit their 5G capabilities to address safety concerns of the aviation industry. This comes after the Federal Aviation Administration’s (FAA) assessment ...
France has recorded over 30,000 new coronavirus infections in the past 24 hours, marking the first time the case count has reached this level since August, as stated by the country’s Health Minister Olivier Veran. Notably, France recorded arou...
Royal Dutch Shell plc has reportedly cut the crude processing capacity at its center in Singapore by half and curtailed fuel exports, as the company shifts away from fossil fuels in order to reduce emissions and fulfill global low-carbon energy needs...
Global biopharma firm Zenas BioPharma has reportedly acquired the exclusive worldwide rights to develop, manufacture, and commercialize experimental antibody obexelimab from clinical-stage biopharmaceutical company Xencor Inc. For the unversed, obex...
Pfizer Inc. is reportedly seeking authorization from the U.S. FDA for its experimental antiviral COVID-19 pill, Paxlovid. The drug has been shown to reduce the chance of hospitalization or death by 89% in adults with risk of severe disease, in a clin...
California-based electric carmaker Canoo is planning to expand its U.S. footprint by setting up its new headquarters and an advanced manufacturing industrialized facility in Bentonville, Arkansas, a city best known for being home to Walmart. Canoo C...
China is reportedly witnessing its biggest spike in COVID-19 Delta variant cases. Travelers from a city where infections have been rising at a much higher rate are being subject to strict quarantine rules in adjoining areas in order to curb the sprea...
The company’s defense arm will build a prototype in 2022 as a revised version of the Hummer EV to fulfill U.S. military criteria. GM Defense intends to land another major government deal soon. General Motors’ defense arm GM Defense, ...
Vietnam has approved 9 COVID-19 vaccines while Hong Kong has given the green light to 14 vaccine brands. Covaxin and Covishield are included in the WHO’s EUL list and are recognized by around 96 countries across the globe. Hong Kong and Vi...
The trading company stated that a hacker gained access to email IDs of 5 million users and full names of 2 million users. The unauthorized third party also sought an ‘extortion payment’, following which the company notified the inciden...
AI-based tech startup Advantage Club has reportedly raised USD 5 million in its latest funding round. The fundraising was done in two parts, with USD 3.3 million invested by Jetty Ventures, SMC Advisors, Earlsfield Capital, and an additional USD 1.7 ...
The announcement comes after the FDA recently approved the BioNTech and Pfizer COVID-19 vaccine for children. The U.S. Centers for Disease Control and Prevention is yet to recommend how the shot should be given. The United States is reportedly p...
Trane Technologies, a global HVAC system manufacturer and climate innovator, has reportedly reiterated its goal of reaching net-zero emissions at the 2021 UN Climate Change Conference of Parties (COP26). Notably, Trane Technologies has committed to ...
The newly proposed U.S. electric vehicle tax credit scheme has reportedly received strong international opposition, with the European Union, Canada, Germany, Mexico, France, Japan, South Korea, Italy, and other countries writing to U.S. lawmakers exp...
The Philippines might receive early access to Merck & Co., Inc.’s anti-viral therapy drug, molnupiravir, which is an unapproved drug, to be used for treating COVID-19 patients. The pills are likely to be distributed in hospitals from early ...
The African Union is reportedly set to purchase nearly 110 million shots of COVID-19 vaccines from American pharmaceutical biotech company, Moderna, Inc. The agreement, which is partially brokered by the White House, will delay the delivery of some d...
U.S. automotive giants Ford Motor Company and General Motors Company are likely to outline both positive as well as negative impacts of the global semiconductor chip shortage in their Q3 earnings report. According to reliable sources, both companies...
In an effort to prevent the resurgence of COVID-19 cases, Australia is reportedly planning to offer booster shots once the lockdown restrictions ease. The announcement comes after the country experienced a spike in cases during the second wave, resul...
The FDA (Food and Drug Administration) has reportedly approved booster shots for Johnson & Johnson and Moderna COVID-19 jabs, after authorizing a third Pfizer-BioNTech shot earlier in September. The U.S. regulatory body has also announced that c...
EV leader Tesla has fared better than others amid the global chip shortage, however, supply-chain issues loom over the company. Investors are carefully monitoring the company’s quarterly results to get an overview of its performance in the Chin...
The Australian city of Melbourne is reportedly gearing up to lift the world’s longest stay-at-home orders, backed by increasing rate of vaccinations in the state of Victoria. The city has been under lockdown for nearly 262 days since March 2020...
The United States will reportedly remove travel restrictions at its land borders with Mexico and Canada for vaccinated foreign visitors in early November. This move will bring an end to the longstanding curbs on non-essential travel, which had been i...
The company’s battery swapping unit will operate under the Huan Huan brand in China. Gogoro is aiming to open 80 battery swapping stations in Hangzhou by the end of 2021. Taiwan based-battery swapping refueling platform Gogoro has reported...
Global airlines reportedly convened for the first time on 5th October in Boston, since the COVID-19 pandemic hit the industry and pushed revenues to an all-time low. The meeting saw airlines expressing optimistic views about pent-up demand, but they ...
Tesla Inc. has reportedly delivered a record-breaking 241,300 electric vehicles during the third quarter of this year, significantly exceeding expectations. The news comes as other U.S. automakers have been experiencing a severe drop in sales due to ...
The U.S. Federal Aviation Administration (FAA) recently stated that it ended its mishap investigation and lifted a grounding order that was imposed earlier. The probe was launched into the Virgin Galactic Unity 22 launch on July 11 over the issues of...
Various Apple, as well as Tesla suppliers, have reportedly shut down production at some Chinese factories for a few days to obey the strict energy consumption policies, further resulting in supply chain losses amid peak season for electronics. Howeve...
Flipkart is reportedly launching a separate marketplace model named Flipchart Xtra to provide flexible earning opportunities to technicians and service agents, especially to those seeking part-time employment. According to reliable sources, the new ...
The drone traveled 0.3 miles to deliver medicines to an isolated area in Greece. The initiative is a part of an EU funded program coined ‘Harmony’ Greece recently conducted a drone testing program intended at enabling environment-fri...
Major German airliner Deutsche Lufthansa AG is expected to raise USD 2.5 billion by issuing new shares to the public, to repay a portion of the German government’s financial aid which had been received during the coronavirus pandemic. In an of...
Switzerland-based biotechnology company ADC Therapeutics SA announced that the European Commission has granted the Orphan Drug Designation to its antibody-drug conjugate ZYNLONTA, which is composed of a humanized antibody targeting CD-19. According ...
Samsung Electronics is likely to uphold its top position as the world’s largest memory supplier in the third quarter this year, backed up by a strong memory demand. The South Korean multinational tech giant was estimated to record USD 22.32 bi...
Jungle Ventures has announced to have secured USD 225 million during its first close of Fund IV, as the venture capital company aims to bolster its successes across Southeast Asian as well as Indian startups. This fourth fund commenced raising capita...
Daily Coronavirus infections in Australia’s Sydney have dropped for a third consecutive day on 7th September yet lingered close to the record levels. The development comes as the outbreak prodded a spike in vaccination rates across the severely...
Amidst the surge in unemployment rates during the COVID-19 pandemic, Walmart Inc. is reportedly looking to hire around 20,000 workers at its supply chain facilities and fulfillment centers. The retailer intends to fill some of the most high-demand jo...
The COVID-19 Delta variant spread daunts the recovery of U.S. restaurants, as per a report of the National Restaurant Association. About one in five adults that were surveyed online from August 13-15 mentioned that they stopped going to restaurants a...
An independent board stated that the cause of the woman’s death is myocarditis. The country reported 53 new cases on August 30. New Zealand has recently recorded its first death linked to the Pfizer COVID-19 jab. This information comes a...
Infosys Limited has recently announced that it will set up a new digital development center at its Canadian office in Mississauga. The company intends to create over 500 jobs in the city in the upcoming years. The IT giant had committed that it woul...
Enterprise identity and data protection technology firm ForgeRock has recently applied for an initial public offering (IPO) to catch up with the market. Increasing cyberattacks on all sizes of organizations have added to the importance of securing an...
Amid the U.S. opioid crisis, about six states did not completely agree to the proposed USD 26 billion settlement with Johnson & Johnson (J&J) and three drug distributors, which have been charged for driving the nation’s opioid epidemic....
The Health Ministry of Israel has claimed in its latest report that a booster shot of the COVID-19 vaccine can significantly lower infection rates among the masses. The data also revealed that the third shot of the Pfizer vaccine is quite efficient i...
U.S.-based tech giant, Nvidia Corp. recently revealed that discussions with regulators to finalize the USD 40 billion proposed acquisition of semiconductor company Arm Ltd. are taking longer than previously estimated. The revelation came after Nvidi...
The Biden administration intends to start administrating COVID-19 booster doses to Americans as early as mid- or late September, depending on approval from the US Food and Drug Administration (FDA). The announcement comes as the administration strugg...
Australia has recently purchased around 1 million vaccine doses of Pfizer Inc from Poland to augment its inoculation efforts in Sydney and its home state which entered a sudden lockdown last week as infections surged. PM Scott Morrison stated that t...
New Zealand is planning to allow entry to vaccinated travelers from low-risk countries without quarantine restrictions from early 2022, after approximately 18 months of closing its borders to fight the COVID-19 outbreak. This news comes amid rising ...
Oil prices dipped 2% on 9th August, recording a three-week low, while dragging out the previous week's hefty loss spree. This price decline was mainly driven by a stronger U.S. dollar and concerns that COVID-19 related restrictions across the Asi...
Chinese biotechnology company Ascletis Pharma Inc. has announced that China NMPA (National Medical Products Administration) recently approved the Phase II clinical trial of ASC40 for patients suffering from acne vulgaris. According to reliable sourc...
Prominent U.S. companies such as Microsoft Corporation, Tyson Foods Inc., as well as carmakers including General Motors, Stellantis, and Ford Motors have reportedly changed their masking and vaccination policies amidst surging Delta COVID-19 cases in...
According to reliable sources, U.S. stocks surged, and oil prices dropped recently amid mixed signals among investors about economic growth data and corporate earnings. Even Wall Street’s primary stock indexes were unsteady during morning tradi...
Iceland-based cargo airline Bluebird Nordic plans to go big with the announcement of expanding its existing B737-800 aircraft fleet through the addition of 25 units by the end of 2024. The move is likely to be a game-changer for the company, setting ...
Chinese integrated smart supply chain and logistics solutions provider BEST Inc. has launched its direct logistics service to deliver parcels from China to Vietnam, Thailand and Cambodia. The e-commerce services will be managed in partnership with th...
This EV pickup truck has an unorthodox design and boasts a formidable range of over 400 kms. The Cybertruck production is likely to commence in Tesla’s Texas Gigafactory. The Tesla Cybertruck was first debuted in November 2019 and created ...
The French parliament recently approved a bill that makes Covid-19 vaccination mandatory for health workers along with a requirement of an approved health pass in several social public places amid the fourth wave of coronavirus infections in France. ...
The World Health Organization’s plan for a deeper probe into the origin of the coronavirus was recently rejected by the Chinese government as the possibility of the virus leaking from the Wuhan lab was a part of the proposal. Vice Minister of ...
US state attorneys general recently announced being on the verge of a USD 26 billion settlement with drug maker Johnson & Johnson and the nation’s three leading drug distribution firms. Johnson & Johnson would pay USD 5 billion, while ...
The Indonesian e-commerce platform, Bukalapak is reportedly planning to secure about USD 1.5 billion in its largest IPO on 6th August 2021, presaging a plethora of domestic tech listings. The company will upsize its offering of 25.77 billion shares w...
Multinational corporation, Johnson & Johnson (J&J) is reportedly planning to unload liabilities from its ongoing baby powder lawsuits into a newly formed business entity that would then file for bankruptcy protection. According to sources, J...
The World Health Organization (WHO) has reportedly cautioned about surging COVID-19 cases in Latin America and the United States, a spike that could potentially pose a threat to the entire region. WHO officials said that as the Delta Coronavirus var...
Foxconn and Taiwan Semiconductor Manufacturing Co. recently announced to have signed a USD 350 million deal for buying 10 million doses of the COVID-19 vaccine from Germanys BioNTech SE. Taiwan's government has been trying for months to directly...
The World Health Organization has recommended the use of two arthritis drugs, Kevzara from Sanofi and Actemra from Roche, along with corticosteroids for reducing the death risk associated with COVID-19. The announcement was made after the drugs were ...
Over 5 million British citizens who have taken the Indian version of the AstraZeneca COVID-19 vaccine are likely to face a travel ban in Europe. Reportedly, these citizens might have to go through testing and quarantine rules all over again after arr...
British-Dutch multinational oil & gas company Royal Dutch Shell plc has reportedly signed an MoU (memoranda of understanding) with British engineering company Rolls-Royce to develop SAF (sustainable aviation fuel), as per their aim to achieve net...
Renowned social networking platform Facebook Inc. has reportedly launched the ‘Bulletin’, a newsletter subscription service to attract influential writers to its platform. This move comes amidst a growing trend of newsletter revival in th...
Facebook Inc.’s stock reportedly achieved the USD 1 trillion mark for the first time after an antitrust court victory, making it the fifth U.S. business to achieve this milestone. A U.S. judge terminated federal and state antitrust lawsuits ag...
Infina, which calls itself the Robinhood of Vietnam, has reportedly raised USD 2 million in a seed funding round with oversubscriptions. It saw participation from Nextrans, 500 startups, 1982 Ventures, Venturra Discovery, Saison Capital, and angel in...
The Indian Department of Consumer Affairs recently released a draft of e-commerce rules that will not just affect big names like Flipkart and Amazon, but also several other companies including food delivery firms Swiggy and Zomato, online travel comp...
Max Healthcare, boasting over 15 super specialty hospitals, integrated home care and diagnostics services in India, has reportedly launched the country’s first-ever artificial intelligence-powered device integrated with a patient monitoring fra...
Amazon is reportedly selling its own brand of COVID-19 testing kits directly to the public via its online platform. According to sources, test results will be available on an Amazon’s diagnostics website which was initially designed for employe...
Hyundai Motor has announced to have briefly terminated production at U.S. plant for approximately three weeks owing to shortage of semiconductors and lack of maintenance. South Korea's largest carmaker in terms of sales, will suspend production ...
Saudi Arabia has reported 1,077 new COVID-19 cases and 16 deaths as of 12th June. The total active case count of the country is currently 10,267, with around 1,562 people reported to be in critical condition. Reportedly, Moderna Inc. has joined ...
The COVID-19 antiviral course will be supplied only after FDA provides a EUA. Molnupiravir is currently in its phase 3 clinical trial. Merck & Co. Inc. has reportedly entered a supply agreement with the U.S. government for molnupiravir, an o...
Shares of Airbus rose by 0.5% during Tuesday trading. Lufthansa’s reshuffling orders were a part of its fleet restructuring efforts. European multinational aerospace giant Airbus has reportedly managed to supply 50 airplanes in May and has...
India’s largest non-profit organization is currently seeking government approval. Reliance Foundation will not use the imported vaccines for commercial purposes. Reliance Foundation, a Mumbai-based non-profit organization owned by Relian...
U.S.-based integrated data and technology solutions provider CDK Global has reportedly acquired Roadster Inc., a digital sales platform that modernizes the way dealers and customers trade vehicles, for USD 360 million. With the addition of Roa...
Microsoft Corporation has launched the first-ever public sector cybersecurity executive council in the Asia Pacific. The move will allow the American tech giant to work with the regional authorities to develop a powerful communications network and sh...
The country claims to have vaccinated 4% of its population. Japan is considering asking for a negative COVID-19 test from fans attending the Tokyo Olympics. Reportedly, the Japan Health Ministry panel has approved the use of Pfizer Inc.’s ...
The United States has recently called for a panel of international experts to be allowed to investigate the source of the Coronavirus pandemic and the ‘early days of the outbreak’ in a second phase investigation on the virus origin. Inte...
Reportedly, a study by Public Health England has found that the COVID-19 vaccines of Pfizer and AstraZeneca are highly effective against the Indian variant, especially after administering two doses. Both vaccines recorded 33% efficacy against the In...
According to reliable sources, thousands have volunteered to get the booster COVID-19 jab in U.K.’s new clinical trial. The Cov-boost study will use approximately seven vaccines to observe the effect of the third dose of vaccine on the immune r...
Reportedly, Taiwan is calling its diplomats to achieve a faster delivery of COVID-19 vaccines, a mission that has increasingly become of high importance with a recent spike in domestic cases where only about 1% of the populace have received a vaccina...
UNICEF, the United Nations agency responsible for providing humanitarian and developmental help to children across the globe, has recently asked G7 countries to donate their unused Covid-19 vaccine supplies to the COVAX vaccine-sharing scheme, to ove...
Telix Pharmaceuticals Ltd., an Australia-based pharmaceutical company, has reportedly received Human Research Ethics Committee approval as well as Clinical Trial Notification (CTN) clearance by the Australian Therapeutic Goods Administration. This w...
Reportedly, Health Canada has authorized the use of COVID-19 vaccine which is manufactured by Pfizer Inc. and BioNTech SE for adolescents aged 12 to 15 years. The move will allow Canada to become the first country to approve a COVID-19 vaccine for ch...
Bajaj Healthcare has successfully produced the API and Favipiravir using its in-house R&D team. Favijaj will be available across India in recommended doses through a prescription-based medication. Indian pharmaceutical company Bajaj Healthc...
AstraZeneca plc, British-Swedish biotech and pharmaceutical company has reportedly received approval from the United States Food and Drug Administration (FDA) for its Farxiga medicine (dapagliflozin), a sodium-glucose cotransporter 2 inhibitor (SGLT2...
Moderna Inc., an American biotech and pharmaceutical company, will reportedly have its COVID-19 vaccine tested by technical experts from the World Health Organization (WHO) for emergency-use listing on April 30th. WHO spokesperson Christian Lindmeie...
Leading provider of community healthcare services in Canada, CBI Health Group, has reportedly selected Physitrack Limited, a prominent provider of cloud-based patient engagement solutions, to deliver an improved patient experience using the latter&rs...
EU antitrust regulators are reportedly planning to review Illumina’s proposed acquisition of Grail Inc., a company that specializes in making cancer diagnostic tools. The announcement comes after six countries raised concerns over anti-competit...
The fresh investments are likely to be used to make significant advancements in ADG20. Adagio has already initiated the Phase 1 trial of the drug among healthy volunteers. Adagio Therapeutics Inc., a biotechnology company has reportedly raised U...
The most populated province of Canada, Ontario is planning to offer the AstraZeneca COVID-19 vaccine to people aged 40 years & above. The vaccine is currently given to people who are over 55 years. The move will help in improving vaccine accessi...
Pico, a New Yok-based audience development and creator monetization tools startup, has reportedly secured USD 6.5 million during a new funding round. The company has also launched the second generation of its renowned platform Pico 2.0. Sources with...
Audi AG, the Germany-based multinational automotive manufacturer, has reportedly announced two new electric vehicle models in its lineup, the Q4 E-Tron, and the Q4 Sportback E-Tron. If sources are to be believed, the two models will offer around 200...
India's first mRNA-based COVID-19 vaccine, HGCO19, formulated by Pune-based biotech firm, Gennova Biopharmaceuticals is about to enter its Phase 1/2 clinical trials with the enrollment of candidates, said the Department of Biotechnology (DBT). R...
As per credible sources, American retail brokerage services provider Robinhood Financial LLC has failed to disclose certain types of stock trades it had executed last year to a public data feed. Although Robinhood had introduced its fractional share...
Several prominent entities from the U.S. auto industry have reportedly urged the federal government to provide aid amidst the chip shortage crisis across the globe. The group represents most of the major automakers that have production units in the ...
Johnson & Johnson is now left in charge of strictly monitoring the production of the COVID-19 vaccine at the Baltimore plant. The debacle did not affect any vaccines that are presently being used or delivered. Johnson & Johnson has been...
Vienna-based e-learning startup, GoStudent, has reportedly secured USD 70 million during a Series B funding round which was led by U.S.-based investor Coatue, as well as existing partners DN Capital and Lane Capital, bringing the total valuation to U...
Canada has put a temporary hold on the use of AstraZeneca’s COVID-19 vaccine for those under 55 years of age, the country’s health officials revealed. The decision came after a few cases of rare but life-threatening reports of blood clot...
Trust in the safety of AstraZeneca COVID-19 shots, a vaccine co-developed with Oxford University has been plummeting in European Nations such as Germany, Spain, Italy, and France after reports emerged of blood clots forming as a side effect of the va...
Sharonview Federal Credit Union, one of America’s leading credit unions, has reportedly inked an exclusive deal with Elan Financial Services, a credit card management service provider, to provide credit card services to over 90,000 Sharonview c...
Facebook Inc., amidst the criticism of poorly handling COVID-19 misinformation on its platforms, has recently announced to have begun labeling articles regarding vaccine safety and will soon label all Coronavirus-related posts. In a blog post, the s...
Ireland has reportedly suspended the use of AstraZeneca’s COVID-19 vaccine post reports from Norway of severe blood clotting in some recipients there. Sources close to the matter stated that three healthcare workers in Norway, after receiving ...
Riskcovry, an Indian digital insurance provider has procured USD 5 million in an Omidyar Network India-led Series A funding round. Companies including Pentathlon Ventures and DMI Sparkle Fund also participated in the event. Riskcovry had previously ...
Leading medical equipment manufacturer Mediland Enterprise Corporation has reportedly introduced a new electro-hydraulic operating table, the C800, as well as an advanced surgical light called SunLED Series. The recent development follows the succes...
IntelliCentrics, Inc., the world’s largest trusted healthcare technology provider and the innovator of SEC3URE Passport and SEC3URE Ethos, has reportedly announced the launch of BioBytesTM Visitor, a patient-centric visitor management platform....
A study shows that Ferrari S.p.A, an Italian luxury sports car brand, has been witnessing a continual decline in its online search numbers over the past decade. The fact that Ferrari is a premier luxury brand has never stopped it from being a househ...
Moderna has projected an expected sales of $18.4 billion from its coronavirus vaccine in 2021 The company’s COVID-19 vaccine has gained approval in the U.S., exclusively for emergency use Following a substantial surge in its shares on the ...
American multinational technology conglomerate Microsoft Corporation has acknowledged the short falling of its COVID-19 vaccine scheduling software, which has run into issues in some states and has vowed to address the problems soon. The recent deve...
Chinese multinational automotive giant Zhejiang Geely Holding Group Co. Ltd., commonly known as Geely, has reportedly abandoned merger talks with sister company Volvo Cars. Instead, the duo intends to launch a new unit to combine their powertrain ope...
The partnership will leverage the Qualcomm RAN Platforms along with Airtel’s device partners to speed up the rollout of virtualized and Open RAN-based 5G networks. The two companies will work together to provide Gigabit speeds through 5G Fix...
The popular weekly general medical journal, ‘The Lancet’, has revealed that the COVID-19 vaccine developed by The University of Oxford and AstraZeneca PLC, is more effective with a three-month gap between the first and second dose rather ...
Reportedly, Qiming-owned portfolio company, New Horizon Health recently, debuted as the first Chinese cancer early screening company to be listed on the Main Board of Hong Kong Stock Exchange. Credible sources cited that this is the second IPO in Qi...
One Rock Capital Partners LLC, along with its affiliate Metropoulos & Co., has reportedly signed a definitive agreement to acquire Nestlé Waters North America (NWNA) from Swiss multinational conglomerate Nestlé S.A. for USD 4.3 bill...
According to reliable sources, Philadelphia-headquartered managed IT services provider (MSP), Xact IT Solutions Inc., has received the CompTIA Security Trustmark+ from Computing Technology Industry Association (CompTIA), affirming its expertise in de...
In recent developments, the European Commission has reportedly authorized U.S.-based specialty pharmaceutical company Xeris Pharmaceuticals Inc. for the administration of Ogluo ™ (glucagon) in the treatment of severe hypoglycemia in adolescents...
Rivian Automotive Inc., an electric-vehicle startup, which is funded by Ford Motor Co. and Amazon.com Inc., is reportedly planning to go public later this year, with a current valuation of over USD 50 billion. Sources with knowledge of the matter sta...
The US arm of Indian multinational pharmaceutical company, Sun Pharmaceutical Industries Ltd., is reportedly recalling 36,275 boxes of testosterone cypionate injection in the American market for incorrect labeling. The affected batch of inject...
With a positive application outlook in key industry verticals such as wastewater treatment, industrial processing, life sciences, HVAC, and transportation, the global separation machinery industry has been gaining a lot of traction. Separation in ind...
Leading IT services provider IntelliCentrics Inc. has reportedly introduced the first-of-its-kind COVID-19 credential to all users across its platforms. This new solution will offer healthcare facilities the relevant data they require to ensure optim...
Sony’s operating profit during the Q3 2020 surged by 20% and had reached USD 3.41 billion. The company expects to sell around 7.6 million PlayStation 5 consoles by March 2021. Japanese multinational conglomerate Sony Corporation has report...
Reportedly, American fast-food company McDonald’s Corp. has been quietly selling its McPlant burger in Sweden and Denmark in a bid to understand customer’s preferences before permitting its other locations to start offering the meat alter...
Leading pharma company, Serum Institute of India (SII) is reportedly seeking regulatory approval from DCGI (Drugs Controller General of India) to start clinical trials of its COVID-19 vaccine COVOVAX, which is being developed by Novavax. The recent ...
GrowFix, an alternate debt assets platform, has reportedly secured USD 2 million through a seed funding round which was led by Zerodha’s fintech & fund incubator Rainmatter. Other participants that were involved in the funding was Better Ca...
Ohio Supreme Court had alleged Volkswagen for engaging in deceptive recalls after selling its vehicles. Volkswagen claims that Ohio’s lawsuit could cost the company USD 127 billion per year. Berlin-based automobile manufacturer Volkswagen ...
American multinational hospitality company Marriott International Inc. has revealed its plans of opening 100 new properties in Asia-Pacific in the year 2021. Last year, the hospitality giant had celebrated its 800th hotel opening in the region, addi...
Coherent Inc., an American leading provider of lasers and laser-based technologies, witnessed a 33% jump in shares, after its rival organization Lumentum touted plans of its acquisition in a cash and stock deal. As per the trusted sources, the deal ...
According to reliable sources, luxury car manufacturer Mercedes Benz India Pvt. Ltd. is planning on launching around 15 new cars in an attempt to boost its sale figures in 2021. Moreover, the company also revealed plans to redesign its dealership fac...
According to reliable sources, U.S.-based privately held biomedical organization AltPep Corporation has raised a total of USD 23.150 million in a Series A investment round. The funding was led by Boston-based private investment firm Matrix Capital Ma...
Swedish luxury car manufacturer, Volvo AB has announced plans to triple electric vehicle production capabilities at its manufacturing facility in Ghent, Belgium, from the year 2022. The decision to increase the overall production capacity comes alon...
In a bid to enhance efficiency among industrial workers amidst the alarming increase in distributed workforces as well as hybrid work models, China-based technology giant Lenovo Group Ltd. has reportedly introduced new AR (Augmented Reality)-based sm...
According to reliable sources, Chinese multinational technology company Alibaba Group Holding Ltd. is planning to secure around USD 5 billion by trading its dollar-denominated bonds this month. The proceeds are expected to reach up to USD 8 billion, ...
According to reliable sources, Italian-American car manufacturing giant Fiat Chrysler Automobiles N.V revealed its plans of investing around USD 250 million to strengthen its presence in the Indian automotive market. The company will be launching fou...
In a move to highlight its expansion prospects, Los Angeles based premier dietary supplements giant, Herbalife Nutrition, reportedly declared its plans to repurchase USD 600 million worth common shares from Icahn Enterprises L.P. The company’s...
In recent developments, California-headquartered healthcare and social service provider WelbeHealth LLC has announced its plans to unite PACE programs, namely LA Coast PACE, Pacific PACE, and Stockton PACE under one roof. For the record, WelbeHealth...
In an effort to contain the spread of newly detected U.K. variant of coronavirus, South Korean authorities have reportedly planned to expedite the efforts to launch public vaccination program. According to Korea Disease Control & Prevention Agen...
Amidst the ongoing wave of mergers, acquisitions, and collaborations, autonomous delivery firm- Nuro has recently announced taking over a startup formed by veterans of Google, Apple, and Uber Technologies Group- Ike in an attempt to commercialize sel...
Telstra Corp. Ltd., and Motorola Solutions Inc. have reportedly landed a multi-year contract from the Tasmanian government for delivering mission critical technology and services in a bid to transform emergency management services across the island s...
The acquisition will enable Blue Canyon to strengthen its product line and conduct more complex space missions. Blue Canyon is currently developing around 90 spacecrafts for academic, commercial and government missions. American multinational c...
The US FDA (Food and Drug Administration) is reportedly investigating about five cases of individuals having allergic reactions to BioNTech and Pfizer’s COVID-19 vaccine. Post the mass inoculation programs in the United States and the United K...
Texas-based renting service company Rent-A-Center Inc. has reportedly signed a definitive agreement to acquire leading provider of virtual lease-to-own (LTO) solutions, Acima Holdings LLC. Sources familiar with the matter stated that the deal involve...
Australian buy now pay later (BNPL) services provider Openpay Group Ltd. has reportedly launched its operations in the U.S. market. The company has also appointed a U.S. executive team in order to support the impending launch. For those uninitiated,...
Oracle Corporation is not the only technology company to relocate from California. Unlike Texas or any other states, California currently has the highest rate of personal income tax across the United States. Oracle Corporation has made it to the...
In recent developments, New York-headquartered investment group MSP Sports Capital has reportedly purchased a 15% minority stake in McLaren Racing Limited. The long-term investment will include an initial payment of USD 245 million (£185 millio...
Flipkart Group company, Myntra, has reportedly introduced Myntra-Mall update in its application in an effort to provide an offline mall experience to its customers through virtual brand stores. This feature enables an intuitive discovery experience o...
FireEye, one of the leading cybersecurity companies in the U.S, has reportedly announced that its system has been compromised and its proprietary hacking tools used to test its clients’ cyber defenses have been stolen. The company also hinted t...
Kia Motors, the renowned South Korean multinational automobile manufacturer, has reportedly recalled 295,000 vehicles in the United States owing to risks arising from engine stalling or fires. The announcement comes merely a week after the penalizati...
UPS, the leading American multinational supply chain management and package delivery company, is reportedly imposing shipping restrictions on a number of its big retail customers owing to the increasing online shopping trend this holiday season. Acc...
Taking on the social media giant Facebook, Google Maps has reportedly introduced its “Community Feed”, a recent upgradation which Google calls its new feature. A series of updates comprising posts from a local area, the feed has been orga...
Owing to a financial hit due to the COVID-19 pandemic, Qantas has reportedly decided to outsource over 2,000 ground crew jobs across 10 airports. The decision has reportedly been taken to lower costs and will effectively cause cabin cleaners, baggage...
AstraZeneca and Oxford University have recently encountered a manufacturing error of their experimental COVID-19 vaccine, giving rise to questions about the preliminary trial results. The manufacturing error was revealed following the announcement a...
SIA (Singapore Airlines), a flag carrier airline of the country of Singapore, has reportedly raised over $500 million through private placement of 10-year long bonds. The secured amount was raised to $500 million from the initial $300 million after a...
TMG 360 Media, a novel digital platform created for driving brand awareness, strategic partnerships, patient recruitment and funding sources in the healthtech industry, has recently announced its official launch. Reportedly, the agency intends to ad...
Signify Health, a prominent provider of technology-enabled healthcare solutions has recently announced the acquisition of PatientBlox, a technology firm with profound expertise in application of distributed ledger technology in healthc...
The U.S. FDA has recently issued an EUA (emergency use authorization) of casirivimab & imdevimab. These monoclonal antibodies will be jointly administered to treat mild to moderate COVID-19 disease among adults as well as pediatric patients of 12...
Male Contraceptive Initiative (MCI) announced its partnership with Contraline, Inc., a medical device company to provide a $1 million Program Related Investment (PRI) to back the first-in-human clinical test for ADAM™, its new vas-occlusive con...
Accenture, a professional services company, has reportedly made a strategic investment via Accenture Ventures in a data privacy & clean room solution provider, TripleBlind. TripleBlind aids enterprises in effectively sharing sensitive informatio...
Two drugs currently under development for the treatment of aggressive prostate cancer would reportedly be tested to fight the deadliest response against COVID-19 infection, ARDS (acute respiratory distress syndrome). An Advance Queensland Fellowship...
Buoy Health Inc., the AI-based healthcare navigation platform, has reportedly raised USD 37.5 million in a Series C funding round led by Humana Inc. and Cigna Holding Co. The funding round also marked the presence of other companies including Trustbr...
7 Hills Pharma, a clinical stage immunotherapy company that develops drugs and treatment options for preventing cancer and infectious diseases, has reportedly announced that the initiation of Phase 1 trial of 7HP349. According to the credible reports...
NanOlogy LLC, a renowned clinical-stage oncology firm working on intratumoral therapy for solid tumors, has reportedly enrolled the very first patient for its Phase 2 clinical study of NanoPac, its intratumoral injection candidate to treat local pros...
Meat-Tech 3D, a leading developer of cultivated meat production technologies that uses advanced 3D bioprinting, has reportedly announced that it raised $7 million from a new investment round that was led by Tel Aviv based Psagot Provident & Pensi...
Sanofi signed a contract with Kiadis, a clinical-stage biopharmaceutical establishment developing advanced ‘off the shelf’ natural killer (NK) cell-based drugs for the treating of severe diseases. According to the deal, the former will ma...
Imugene Ltd., a biotechnology firm that specializes in cancer immunotherapy, has recently bagged an investigational new drug (IND) approval from the US Food and Drug Administration (FDA) to commence the Phase-1 clinical study of PD1-Vaxx, one of its ...
Ampio Pharmaceuticals Inc., the U.S-based biopharmaceutical firm focused on the development of novel therapies aimed at treating common inflammatory conditions, has reportedly commenced recruiting and enrolling patients in Phase I randomized, multi-c...
Eon, a healthcare technology company, has announced the expansion of its data science models. The model expansion has enabled the identification of incidental pulmonary nodules on MR (magnetic resonance) and X-Ray radiology reports. Eon’s EPM ...
AE Industrial Partners (AEI), a private equity firm specializing in Defense, Aerospace & Government Services, Specialty Industrial markets, and Power Generation announced the acquisition of PCI, a pioneer in providing cybersecurity, cloud, comput...
U.S.-based Fortune 500 company Spectrum Brands Holdings Inc. has reportedly announced the acquisition of Armitage Pet Care Limited for around USD 180 million. Sources close to the matter claimed that the acquisition will allow Spectrum Brands Holdin...
ImmunityBio, a privately held immunotherapy firm, and NantKwest, a clinical-stage immunotherapy organization that develops immunotherapeutic treatments for viral infectious diseases and cancer in the US, announced that they have dosed the first patie...
ICT International, a renowned medical testing device manufacturer, is reportedly launching new rapid antigen testing in the industry, a complete game-changer when it comes to the global pandemic. Having a test that detects intact virus particles in a...
Calibre Scientific, a varied provider of life science reagents, instruments, tools, and other consumables, announced that it has acquired Lorne Laboratories Limited, a UK-based manufacturer and provider of blood transfusion solutions and blood groupi...
Summa Equity, a Sweden-based thematic investment firm that invests in enterprises that address global challenges, has reportedly purchased a majority stake of functional proteomics firm, Sengenics, who possesses a proprietary technology named KREX, w...
Takeda Pharmaceutical Company, the largest biopharmaceutical firm in Asia, has reportedly signed a five year strategic partnership with Accenture, the Irish professional services company, and AWS (Amazon Web Services), the renowned IT service managem...
Bluegem Capital Partners, the London-based mid-market private equity Fund, has reportedly announced that its portfolio company Pool Service has acquired Italy-based Panzeri Diffusion. The firm that will be created from the merger of two groups will b...
Britain scientists have started a study to test if the Bacillus Calmette-Guerin (BCG) vaccine can help protect people against Covid-19, as part of a large-scale global trial. The BCG varanine was developed centuries ago to fight against tuberculosis...
Tipalti, a pioneer in global payables automation solution announced that it has raised $150 million at a valuation of over $2 billion, bringing the total capital raised to about $280M million for a B2B fintech company. The Series E round, which is l...
Flower One Holdings, Inc., has reportedly signed a term debt loan agreement for a sum of USD 39 million with Subversive REIT. As per the deal, Flower One gave Subversive REIT an option of two years for pursuing a sale-leaseback transaction for the pu...
CLEAR, the secure identity enterprise, and LabCorp, the world’s leading life sciences organization focused on improving health and guiding patient care decisions announced their collaboration to allow users of the Health Pass mobile app of CLEA...
Eureka Therapeutics Inc., a biotechnology firm that focuses on immunotherapies for the treatment of cancer, has reportedly commenced an ARYA-1 clinical trial to evaluate ET140203 ARTEMIS® T cell therapy in adult patients with HCC (Hepatocellular ...
TaiGen Biotechnology Co., Ltd., a Taiwan-based company that focuses on the development and commercialization of treatments for infectious diseases, cancers and diabetic complications, has announced that its influenza antiviral drug TG-1000 has b...
UnitedHealth Group, a US based for-profit managed health care firm, has reportedly acquired DivvyDose, an American start-up that helps patients suffering from chronic diseases get their prescription medicine delivered in pre-sorted packages. A sourc...
iWEECARE, the company behind the smallest continuous temperature tracking product in the world, Temp Pal®, has reportedly announced that it raised over $2.4 million from an extended pre-series A investment round. The funding round was led by VC ...
Securitas, a Sweden based security services firm, has reportedly announced the acquisition of the electronic security businesses of US based security system provider, Stanley Security Solutions, located in Portugal, India, Singapore, Switzerland, and...
Accenture, a renowned professional services company, has reportedly announced that it developed a data and analytics approach to derive and manage insights from the genomic data of pediatric AML (acute myeloid leukemia). Working alongside clinicians...
Leading bio-production tools supplier, BioLife Solutions Inc, has reportedly signed a definitive agreement for the acquisition of biological materials storage provider, SciSafe. SciSafe is known for delivering biological materials storage to pharmace...
New Hampshire-based in-vitro diagnostics expert American Laboratory Products Co. Ltd. (ALPCO) recently announced the recapitalization of its enterprise by Ampersand Capital Partners, a middle market private equity firm. Sources with knowledge of the...
Swiss-based multinational pharmaceutical company, Novartis has recently revealed detailed results from the Phase III COMBI-i study assessing spartalizumab (PDR001), the investigational biological therapy in combination with Mekinist® (tramet...
Biopharmaceutical major, Curevo Vaccine, has reportedly announced the release of antibody response data from its completed Phase 1 study that carried out the investigation of CRV-101’s tolerability, safety, and immune system response in numerou...
CATO SMS, one of the leading providers of specialized clinical research solutions, has reportedly acquired Array Biostatistics LLC, a full service statistical and biostatistical programming CRO, in a bid to expand its service portfolio. The company i...
Qualtrics, a Utah-based software company that focuses on the experience management (XM) category, has recently announced that it has inked a partnership deal with Safe & Reliable Healthcare (S&R), a renowned player in the field of healthcare ...
Leading 3D analysis applications provider, Hawk Ridge Systems, has reportedly announced its acquisition of DS SOLIDWORKS reselling major, Quest Integration. The joint enterprise will be the largest supplier of Markforged and HP 3D printing solutions ...
Clinical life science and technology solutions provider, Bioclinica, has reportedly entered into an agreement with regenerative products manufacturer, Direct Biologics. The partnership intends to deploy the Interactive Response Technology (IRT) furni...
The Government of Australia has announced its intent to purchase more than 84 million doses of potential coronavirus vaccines on a condition that they succeed clinical trials. The is vaccine is planned to be purchased from the Oxford University and A...
JMD Properties, has reportedly announced the acquisition of Stella Diagnostics, LLC, a molecular diagnostics firm aimed at enhancing patient management strategies of more than 67 million people suffering from esophageal diseases. JMD procured Stella ...
Integrated Polymer Solutions ("IPS"), one of the leading companies in engineering and designing elastomeric components and tools for military, aerospace, and biopharma, has reportedly acquired MAST Technologies (MAST) for an undisclosed amo...
Novartis, a renowned Swiss pharmaceutical company, has reportedly released Phase II data of its investigational oral therapy for PNH (paroxysmal nocturnal hemoglobinuria), LNP023, at the 2020 EBMT (European Society for Blood and Marrow Transplantatio...
Toshiba Electronic Devices & Storage Corporation (Toshiba), the Japanese multinational conglomerate has reportedly announced the arrival of three photorelays named TLP3407SRA, TLP3475SRHA, and TLP3412SRHA. These photorelays are the smallest volta...
HelixBind Inc., the U.S-based biotechnology company focused on the diagnosis and management of bloodstream infection, has reportedly received breakthrough device designation from the US FDA (Food and Drug Administration) for its RaPID Sepsis testing ...
Bionano Genomics, Inc., California-based genome analysis firm has reportedly announced its acquisition of genetic diagnostics company, Lineagen Inc. in a bid to accelerate diagnostic procedures regarding comprehensive genetics and digital cytogenetic...
Slated as a significant health issue, postoperative nausea and vomiting (PONV) has impacted the lives of numerous patients that undergo surgery in the U.S. According to a report, PONV, upon not being treated, can occur in around 30% of the general su...
Digital Diagnostics, a leading global healthcare autonomous AI company previously known as IDx, has reportedly acquired Boston’s 3Derm Systems, making it a worldwide leader in the healthcare autonomous AI field. This also makes the company is t...
Change Healthcare, a leading autonomous healthcare technology company announced that it has acquired Nucleus.io, a leader in developing end-to-end cloud-native workflow and imaging technology. The innovative technology of Nucleus.io with the zero-fo...
Dutch vaccine developer, Intravacc, has reportedly announced that the Phase I clinical trial of its Respiratory Syncytial Virus vaccine candidate has given positive results. The candidate was observed for triggering immunogenicity after nasal adminis...
While the world's foremost companies are coming up with a vaccine for the novel coronavirus, Lunit Inc, a South Korean medical imaging startup, has reportedly introduced a new testing method to detect the presence of pneumonia in the COVID-19 pat...
National Imaging Solutions, a leading provider of radiology and medical imaging solutions, has recently announced that it has acquired Huston-based X-ray system company, Decker X-Ray. Reportedly, this acquisition showcases the continued success and g...
A laser therapy conducted at the Massachusetts Hospital has recently shown positive results for treating a patent suffering from COVID-19. The study led by Dr. Scott Sigman showed that the patient, following a Photobiomodulation Therapy (PBMT), ...
Claro Brazil has reportedly announced that it has joined forces with Ericsson to deliver the first 5G network in Latin American with the help of Ericsson’s dynamic spectrum sharing technology. Claro has planned to initially launch 5G services a...
Main Street, Inc., the prominent, well-known company providing data-driven print services to financial institutions, has declared that it has purchased Onovative, the Louisville, Kentucky-based automated marketing technology software provider. Throug...
International Business Machines Corp, the U.S. tech firm has announced its partnership with Japanese industry to promote advancements in the field of quantum computing thereby creating a strong synergy between the two nations in such sensitive and em...
This trial will evaluate RP-3500 both as a monotherapy and in combination with talazoparib, Pfizer’s PARP inhibitor. Repare Therapeutics Inc., a Canada-based pharmaceutical and oncology company that focuses on developing novel therapeutics, ha...
LGM Pharma, an innovation-driven API, and procurement specialist has reportedly announced that it has acquired the Nexgen Pharma Inc's formulations and drug product contract business. This acquisition integrates LGM Pharma’s expertise in AP...
Medidata, a division of Dassault Systèmes, has recently revealed that it is partnering with Moderna, Inc. to support clinical studies of the pharma giant’s COVID-19 vaccine candidate, mRNA-1273. As per reports, Medidata's lineup of t...
Amplyx Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing small molecules drugs, has reportedly announced the positive top-line outcomes from its Phase 2 clinical trial of fosmanogepix. Sources cite that the company conducte...
GCC’s leading laboratory network, Pure Health, has reportedly announced that it has entered into an agreement with BIOS Middle East for hosting its Laboratory Information System (LIS) on BIOS’s fully owned and managed cloud service, Cloud...
A group of researchers from the University of Minnesota have recently conducted a new groundbreaking study where they 3D printed a fully operational centimeter-scale human heart pump, a discovery that could augment the study of heart disease, which i...
Danaher Water Quality Platform, a renowned enterprise that focuses on addressing critical water sector challenges, has reportedly announced the acquisition of Aquatic Informatics, a leading mission-driven software enterprise that addresses key water ...
OEConnection (OEC), the U.S-based automotive technology provider for OEM distribution networks, has reportedly announced the acquisition of NuGenIT, Inc. to strengthen its growing collision business. For the record, NuGenIT, Inc. is an auto aftermar...
Smiths Detection, a global leader in security screening technologies, has recently revealed that it has joined forces with multiplex blood-testing technology firm, Attomarker Ltd. The partnership focuses on developing an accurate and robust COVID-19 ...
The app tracks steps, calories, monitor BMI & weight and logs activities to aid individuals with achieving fitness goals AI-based health tech and fitness startup, sense.bio, recently launched its health app in India to aid individuals in achievi...
Vancouver-based Future Farm Technologies Inc., has reportedly announced that it has officially completed the 100 per cent acquisition of High Purity Natural Products, LLC. The merger represents a crucial step in the company’s core strategy to b...
Sinovac Biotech Limited has recently obtained an approval from Anvisa, the Brazilian Health Regulatory Agency, for the Phase 3 clinical trial of the COVID-19 vaccine. This clinical trial conducted by the China-based biopharmaceutical company has bee...
Swiss tech major Garmin Limited has reportedly announced its acquisition of Firstbeat Technologies owned Firstbeat Analytics, known for its physiological measurement algorithms designed for consumer health and wellness devices. According to Cliff Pe...
Brainlab, a privately held medical technology company, has recently acquired a video game developer for medical professionals, Level Ex. The video games created by the company are used in training doctors to diagnose & treat COVID-19 disease as w...
A recent study published by the Journal of Clinical Oncology suggests carboplatin-paclitaxel as a standard of care for anal cancer. According to the study, inoperable anal cancer, when treated with carboplatin-paclitaxel, showed fewer complications c...
Tandem Diabetes Care, Inc., a San Diego-based diabetes technology and insulin delivery company, has recently announced that it has acquired Sugarmate, a prominent mobile app used by diabetes patients that require insulin. According to sources, Sugarm...
Regenerative medicine firm Rexgenero has confirmed that it has acquired key technology and assets from Paris based preclinical-stage immunotherapy biotech company, aratinga.bio SAS Group. Rexgenero is known for developing advanced cell therapies for ...
Advocate Aurora Health, one of the leading health systems in the U.S., has been in talks with Beaumont Health to explore the potential of a future partnership. Reportedly, both organizations inked a non-binding letter of intent after gaining the Boar...
OncoImmune, a pharmaceutical company engaged in making immunotherapies for cancer, autoimmune diseases, and inflammation, has reportedly announced that it has reached a crucial milestone in Phase 3 clinical study that is testing the clinical efficacy...
Descartes Systems Group, a renowned transportation, and logistics software firm, has reportedly announced the acquisition of Kontainers, a UK based digital freight platform. The Canada based Descartes unveiled the acquisition on 11 June 2020. The ag...
Dr. Reddy's Laboratories, a multinational pharmaceutical company manufacturing and marketing a wide range of pharmaceuticals in overseas and India, has reportedly announced that it has acquired a few business divisions of Wockhardt Ltd's bran...
Chr. Hansen Holding A/S, based in Denmark, focused on developing natural solutions for the nutritional, beverage, food, agricultural and pharmaceutical industries recently announced plans to acquire UAS Laboratories. Chr. Hansen has report...
The healthcare sector is ablaze with advanced technologies with medical care companies coming up with innovative services. The technological changes in healthcare have significantly brought comfort and positively impacted all the processes of the med...
The race to develop an effective treatment for cancer has seen several partnerships and mergers among healthcare companies. Recently, UK-based biopharmaceutical corporation, AstraZeneca Plc took a similar approach as it proposed plans to merge w...
Home-insurance and ownership transformer, Hippo Insurance Services, has reportedly announced its acquisition of national property and casualty insurer, Spinnaker Insurance Company. Hippo was advised for this acquisition by Latham & Watkins LLP, a...
Matt Clark, Senior VP of Chemistry and X-Chem Co-Founder, would be named as the new company CEO London-based healthcare investment adviser, Global Healthcare Opportunities (GHO) Capital has recently announced that it has acquired leading DNA-Encoded...
Change Healthcare has recently announced the acquisition of a leading patient-centric & innovative technologies provider for health systems and pharmacies, PDX. PDX offers a fully integrated specialty, retail, & outpatient pharmacy solutions...
Innovent Biologics, Inc. and Eli Lilly and Company have jointly announced the results of the pivotal clinical trial, TYVYT® ORIENT-2 study. This clinical trial is the study of the 2nd-line treatment for the metastatic or locally advanced ESCC (es...
ZALORA, a leading online fashion destination, has reportedly agreed to collaborate with an advertising technology platform, The Trade Desk, on attribution integration in Asia. This attribution integration will provide an opportunity to the participat...
CM.com, leading conversational commerce platform, has recently acquired CX Company which is a digital conversation platform specifically designed to engage customers via intelligent chatbots, conversational artificial intelligence (AI) and virtual as...
Rohit Nadhani, a serial entrepreneur, has recently launched Kubera, a new startup that mainly aims to provide an alternative to utilizing a spreadsheet for keeping a track of the investments, debts, assets, cryptocurrencies, insurance and various oth...
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. ...
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...
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...
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 ...
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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, ...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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 ...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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)...
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...
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 ...
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...
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...
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...
· Tazverik received accelerated approval, that allows FDA to permit medication for serious ailments · The drug was also granted Orphan Drug...
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...
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...
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...
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...
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...
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...
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...
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....
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 ...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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. ...
· 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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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....
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 ...
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...
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 ...
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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