Norway’s Statkraft to build its first floating solar facility
If the technology proves to be cost-competitive and successful, then the company will consider expanding…
Santhera phase 4 study completes patient enrollment for LHON treatment
The ongoing study is being conducted with Raxone® for the treatment of the mitochondrially inherited…
Eli Lilly to acquire Loxo Oncology, expands targeted cancer medicines
Lilly said it will acquire Loxo Oncology for USD 8 billion or USD 235 per…
Tokyo Century raises its total investment in Grab to USD 175 million
Japan-based financial services firm Tokyo Century has reportedly invested an undisclosed amount in ride-hailing giant…
Pharmaceutical giant Takeda drops plans to sell OTC drug business
The company considers the shell out to be a low-lying priority despite growing needs to…
Schindler Group to make India its global R&D and manufacturing hub
The company, which has been in India for nearly two decades, further intends to invest…
Bristol-Myers Squibb to procure Celgene in a cash & stock deal
* The acquisition deal aims to create a cancer & immunologic disease treating pharmaceutical leader.…
Alphabet Inc’s Verily Life Sciences raises $1 billion from investors
* The company raised $1 billion in a funding round that was led by a…
Olympic Steel Inc. acquires McCullough Industries in an all-cash deal
The takeover is Olympic Steel’s second acquisition within the past nine-month period. McCullough would be…