Fujifilm to develop large-scale cell culture manufacturing site in U.S.

In a bid to proliferate its biopharmaceutical contract development and manufacturing business, Fujifilm Corporation is reportedly planning to invest around USD 2 billion (200 billion yen) towards the development of a large-scale cell cultur....

boAt raises USD 100 million in funding from Warburg Pincus

Indian consumer electronics brand, boAt, has reportedly secured funding of USD 100 million from Warburg Pincus, a New-York-based private equity firm, at a USD 300 million valuation. The company will utilize these funds to expand its produc....

EMQ expands operations in South Korea to strengthen payment capabilities

Hong Kong-based multinational financial settlement network EMQ Inc. has reportedly expanded its operations into South Korea to increase access to its global network ecosystem and offer more transparent as well as efficient cross-border payo....

RedHill Biopharma announces positive results of COVID-19 opaganib study

Israeli specialty biopharmaceutical company, RedHill Biopharma Ltd., has announced the preliminary data from the phase-2 clinical trials of its drug opaganib which was administered orally in patients suffering from COVID-19. The trial round....

Cadila Healthcare receives DCGI grant for phase 3 trials of ZyCoV-D

Indian pharmaceutical company Cadila Healthcare Limited, commonly known as Zydus Cadila, has made it to the headlines after receiving the approval of the DCGI (Drugs Controller General of India) for the Phase 3 clinical trials of its Corona....

Elevar Therapeutics and Inceptua partner to commercialize Apealea®

According to reliable sources, U.S.-based fully integrated biopharmaceutical company, Elevar Therapeutics Inc., has signed an exclusive agreement with Inceptua Group for the commercialization and distribution of its non-cremophor based pacl....

BMW planning to boost EV production, to sell 250,000 vehicles by 2023

The German automaker is planning on introducing around 25 new electric vehicles and plug-in hybrid BMW also intends to develop 1,300 public and 15,000 private charging ports According to reliable sources, German multinational automobil....

NASA completes construction of ‘LC-48’ at Kennedy Space Center

The National Aeronautics and Space Administration (NASA) has reportedly announced the completion of the construction of its new launchpad at the Kennedy Space Center based in Florida. Notably, the new Launch Complex 48 or LC-48 is a pad tha....

AstraZeneca’s COVID-19 vaccine may receive EUA from India soon

Reportedly, India intends to grant emergency use authorization (EUA) to Oxford/AstraZeneca’s coronavirus vaccine by next week, following submission of some additional data to the concerned authorities by a few local manufacturers. Ind....

Lionbridge sets up new labs to expand its gaming division capabilities

In recent developments, U.S.-based localization and AI training data service provider, Lionbridge Technologies Inc., has reportedly established new gaming labs in Beijing and Jinan in order to enhance the capabilities of its gaming division....