Industry News

Reliance Brands to Acquire Majority Stake in Superdry IP for Indian Territory

Reliance Brands, a division of Reliance Industries, and UK-based clothing retailer Superdry PLC formed a joint venture to secure Superdry brand''s intellectual property rights in Bangladesh, India, and Sri Lanka.

Inaugural Solar-Hydro Hybrid Power Plant in Kenya Becomes Operational

Hydrobox, a Belgian hydropower company, and SolarNow, a Kenyan C&I solar company, have jointly inaugurated a hybrid solar-hydro plant in Gitwamba, rural Nairobi.

GE Vernova''s Hydro Power division successfully installs and activates four 175 MW units at Nigeria''s second-largest hydroelectric power plant

GE Vernova’s Hydro Power business has completed the commissioning of the four 175 MW Francis hydropower turbines and generators at the Zungeru project in Nigeria.

Sanofi and Teva Unveil Exclusive Partnership for Advancing Inflammatory Bowel Disease Treatment

Sanofi's Expansion Strategy Persists with USD1.5 billion Licensing Deal for Teva's IBD Drug.

Baudax Bio’s, Tregs Therapy Granted Orphan Drug Designation for Hemophilia A

Baudax Bio, Inc. Receives FDA Orphan Drug Designation for Ti-168 in Hemophilia A with Inhibitors Treatment.

Honda And Acura Electric Vehicles Will Have Access to Largest EV Charging Networks in North America

American Honda Motor Co., Inc. has made significant strides in expanding its electric vehicle (EV) charging network with agreements announced with EVgo and Electrify America.

Possible Link Between Ativan and Poor Survival Outcomes in Pancreatic Cancer Uncovered

This medication triggers the activation of a protein associated with the promotion of tumour growth.

Novartis Unveils Critical Leqvio Data

The treatment entails addressing individuals afflicted by atherosclerotic cardiovascular disease.

Takeda and ImmunoGen Join Forces to Develop and Promote Elahere in the Japanese Market

This collaboration can allow better reach of biomarker-directed ADC directly to patients.

England to Launch Revolutionary Seven-Minute Cancer Treatment Injection

This approval has the potential to significantly reduce treatment durations by up to 75%.

FDA has Granted Approval to Pfizer Inc.''s Maternal RSV Vaccine

The vaccine aims to shield infants through the active immunization of pregnant individuals.

Beckers Partners with Suppliers to Integrate Recycled Plastic into Coatings, Advancing Circular Economy

By harnessing innovative chemical conversion technologies and sustainable supply chains, this endeavor has the potential to repurpose plastic waste into top-tier materials while mitigating environmental impact.

Jiangshans Proposed Investment of Nearly 800 million Yuan to Establish New Herbicide Project

The objective of the initiative involves constructing equipment for 500 tons of (JS-T205), production equipment for formulations, and additional complementary facilities.

Medanta Collaborates with GE HealthCare to Introduce Tele-ICU Services

The commencement of this initiative will offer round-the-clock virtual assistance and distant observation for patients in critical condition.

Prospects for Semiconductor Plant in Mysuru Diminish Amidst Technical Challenges

The ambitious plans for establishing a semiconductor manufacturing plant in Mysuru are facing significant hurdles, making the realization of this venture increasingly unlikely.

Lebanon Plunged into Darkness as Power Plants Grapple with Financial Crisis

A dire electricity shortage has thrown Lebanon into a state of darkness as the country''s power plants grapple with a severe financial crisis, leaving citizens and businesses in despair.

FDA approves First Postpartum Depression Pill in the United States

The FDA has approved zuranolone (Zurzuvae, Sage Therapeutics) as the first oral medication to treat postpartum depression (PPD) in adults.

AstraZeneca Acquires Pfizer’s Rare Disease Gene Therapy Business.

A subsidiary of AstraZeneca, Alexion, will take over Pfizer’s Rare Disease Gene Therapy for USD1 Billion.

Volunteer Efforts Mitigate Plastic Waste Crisis: Removal of Tons of Rubbish from Hungarian River

Numerous muddy plastic bottles, sizeable fragments of Styrofoam, and an assortment of waterlogged debris now lay heaped upon a flatbed trailer nestled along the Tisza River''s banks in Hungary.

India''s Restriction on Rice Exports Causes Panic Buying in the United States

Panic buying among the Indian diaspora and other Asian communities across the US has been brought on by the export prohibition on non-basmati white rice.