Technology & Equipments
If the technology proves to be cost-competitive and successful, then the company will consider expanding the application of floating solar in other Statkraft locations. Statkraft, the Norwegian renewable energy company and one of the largest in Europe, recently announced that it will be moving forward …
Health & Nutrition
The ongoing study is being conducted with Raxone® for the treatment of the mitochondrially inherited Leber’s Hereditary Optic Neuropathy. The outcome of the two-year-long active treatment study is expected to be released by 2021. Santhera Pharmaceuticals Holding (Santhera), a renowned Switzerland-based pharmaceutical firm, has reportedly …
Health & Nutrition
Lilly said it will acquire Loxo Oncology for USD 8 billion or USD 235 per share. The company will be buying into Loxo’s portfolio of cancer medicines. The U.S. watchdog approved Loxo’s first commercial medicine last year, which the company has developed in partnership with …
Business & Finance
Japan-based financial services firm Tokyo Century has reportedly invested an undisclosed amount in ride-hailing giant Grab, taking its total investment in the company to USD 175 million. As per trusted sources, the latest investment also includes capital infusion in the ride-hailing platform’s car rental arm, …
Health & Nutrition
The company considers the shell out to be a low-lying priority despite growing needs to enhance revenues. Japan’s pharmaceutical conglomerate, Takeda Pharmaceutical Co Ltd. has recently announced that it has dropped plans to sell its over-the-counter (OTC) drug business. Confirming the move, Christophe Weber, CEO, …
Manufacturing
The company, which has been in India for nearly two decades, further intends to invest in data analytics & digitization. The move would be giving Schindler India a significant edge that would help it propel itself to market leadership. The Schindler Group (Schindler), a Swiss …
Health & Nutrition
* The acquisition deal aims to create a cancer & immunologic disease treating pharmaceutical leader. * The transaction is set to become one of the biggest in the history of the pharmaceutical sector. Bristol-Myers Squibb (BMS), a renowned American pharmaceutical company, has reportedly announced that …
Health & Nutrition
* The company raised $1 billion in a funding round that was led by a renowned technology investment company, Silver Lake. * Alphabet CFO, Ruth Porat would be joining Verily’s board as a part of the investment. Verily Life Sciences (Verily), Alphabet Inc’s life sciences …
Manufacturing
The takeover is Olympic Steel’s second acquisition within the past nine-month period. McCullough would be continuing its manufacturing activities at its headquarters with its current workforce. Olympic Steel Inc. (Olympic Steel), a renowned Cleveland, Ohio-based steel processor, has reportedly announced that it has successfully acquired …
