Industry News

Moderna's RSV Vaccine mRESVIA(R) Granted FDA Approval

Moderna's FDA-approved mRNA vaccine, mRESVIA (mRNA-1345), protects adults 60 and older from RSV-related lower respiratory tract disease with 83.7% efficacy, aiming for U.S. availability by 2024/2025.

AGRA Industries and Carbon Clean Join Forces to Boost Carbon Capture in Biofuels Industry

Carbon Clean and AGRA Industries partner to deploy modular CaptureX technology for CO2 capture in biofuel production, enhancing sustainability and enabling producers to qualify for Inflation Reduction Act incentives.

Royal Society And Academics Clash Over Influence Of Oil And Gas Industry

A dispute has intensified between the venerable 363-year-old Royal Society of Britain and over 2,000 UK academics regarding the organization's reluctance to acknowledge the role of oil and gas companies in climate change.

Semiconductor Manufacturing Capacity in America Set to Triple by 2032, Marking the Highest Growth Rate Globally

The Semiconductor Industry Association (SIA), in collaboration with the Boston Consulting Group (BCG), unveiled a report focusing on the worldwide chip supply chain.

Neogen Farm Fluid MAX Disinfectant Debuts in Great Britain's Livestock & Poultry Markets

Neogen launches Farm Fluid MAX in Great Britain and plans European expansion. Dual-action disinfectant for farm challenges, effective against Eimeria oocysts. Integral to Neogen Pathogen Programme for livestock production.

New FLOCKSECURE Poultry Health Portal Launched by Merck Animal Health

Merck Animal Health, a division of Merck & Co., introduces FLOCKSECURE poultry health portal, aiding broiler industry with data analysis. Seamlessly capture, upload post-mortem data for trends and insights. Available through Merck representatives.

Introducing SENSEHUB Dairy Youngstock by Merck Animal Health

SENSEHUB Dairy Youngstock by Merck Animal Health enhances calf health monitoring, aiding producers with efficient intervention, advancing dairy herd management.

BBC plans to spend USD 6.40 million on AI to upgrade its education services

The BBC's strategic investment in artificial intelligence (AI) marks a pivotal moment in its educational endeavors, signaling a profound shift in how it engages with learners and cultivates the future generation of license-fee payers.

Newly Cooling Factory Inaugrates By Schneider Electric In Bengaluru, India

Schneider Electric, a renowned leader in digital energy management and automation, unveiled a state-of-the-art cooling facility in Bangalore. This strategic venture was geared towards pioneering inventive cooling solutions to address the burgeoning demand within the country's data center ecosystem.

Indian Biogas Association Collaborates with HAI to Advance Hydrogen Promotion Initiatives

Indian Biogas Association (IBA) has forged a strategic alliance with the Hydrogen Association of India (HAI) to accelerate the adoption of bio-based energy solutions, with a specific focus on promoting green and blue hydrogen.

Hyundai Motor Secures 174-MW Renewable Energy Agreement to Power US EV Plant

Hyundai Motor Group has taken a momentous stride toward sustainability by recently finalizing a 174-megawatt power purchase agreement (PPA) with a solar energy project helmed by Spain's Matrix Renewables.

FDA Clears Rejoyn: First Prescription Digital Therapeutic for Major Depressive Disorder Symptoms by Otsuka and Click Therapeutics

Rejoyn, the first FDA-cleared prescription digital therapeutic for Major Depressive Disorder, offers cognitive emotional training to reduce symptoms, available in 2024 with healthcare provider prescription.

Sunil Mittal advocates for an optimal market structure of three private telecom operators in India

In the dynamic landscape of India's telecommunications industry, Bharti Enterprises Chairman Sunil Mittal has reiterated the importance of maintaining a market structure with three private companies.

Cradlepoint, a subsidiary of Ericsson, anticipates its commercial debut in the Indian market in 2024

Ericsson, a Swedish vendor, foresees a surge in impactful 5G use cases within India over the next 12 to 24 months.

IREDA's GIFT City Office Pioneers Green Hydrogen and Renewable Energy Manufacturing Ventures

IREDA's recent inauguration of a specialized office in GIFT City, Gandhinagar, signals a pivotal advancement in India's pursuit of a sustainable and eco-friendly energy landscape.

STMicroelectronics Introduces Ultra-Efficient STM32 Microcontrollers for Versatile Applications

STMicroelectronics, a prominent semiconductor provider catering to a wide array of electronics applications, has unveiled a cutting-edge lineup of energy-efficient and cost-effective microcontrollers (MCUs), poised to slash energy consumption by up to 50% compared to previous iterations.

Enterprises Propel Forward with Pega Infinity '24 and GenAI Self-Optimization

Pegasystems, a prominent provider of enterprise AI decisioning and workflow automation solutions, has announced the general availability of Pega Infinity '24.1.

Johnson & Johnson's Acquisition of Shockwave Medical Announced

Johnson & Johnson acquires Shockwave Medical for $13.1 billion, expanding into cardiovascular intervention with IVL technology, aiming for improved patient outcomes and accelerated sales growth.

Bruker Set to Acquire NanoString for USD 392 Million, Resolving Bankruptcy Proceedings

Seattle's NanoString, amidst bankruptcy, is set to be acquired by Bruker for USD 392 Million. Legal battles with 10X Genomics led to restructuring and layoffs. Bruker aims to bolster spatial biology with the acquisition.

Avaada Group Completed USD 535 million Refinancing for Renewable Projects in Rajasthan, India

Implemented within a Restricted Group (RG) framework, this transaction received an 'AA (Stable)' rating from CareEdge Ratings.