Industry News

Novartis AG Acquires DTx Pharma Inc.

The acquisition of DTx Pharma Inc, by Novartis AG, helps it in expanding in RNA-based therapeutics by adding DTx Pharma’s FALCON platform to the Novartis siRNA toolkit

Double–Digit Volume Growth to Rise the Revenue by Up to 18% - UltraTech Cement Quarter 1 Review

one of the major market players in the “Cement” Industry named Ultra Tech Cement, clocked double-digit volume growth in the first quarter (Q1), which is expected to drive the revenue higher despite lower realisation.

Sanofi makes a in collaboration with Scribe worth USD1.2 billion in Sickle Cell Disease and Genomic Diseases

The latest deal between Sanofi and Scribe’s for the development of In Vivo Gene therapy focuses on in vivo Crispr editing for sickle cell disease.

Shell, PTTEP dial up Sarawak Drilling with Noble Rig

Shell and PTT Exploration and Production (PTTEP) have decided to expand their platform engagements in Malaysia. Noble Corp. announced that Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) have pursued three single-well options for the drillship Noble Viking.

QuidelOrtho’s Faulty Heart Attack Blood Test Hits Class I Recall by U.S. FDA

QuidelOrtho, a California based manufacturer of diagnostic healthcare products, has witnessed a Class I recall on faulty blood tests that helps doctors in identifying if a patient is at risk of having a heart attack.

Greater Chennai Corporation considers new waste management initiatives

The Greater Chennai Corporation (GCC) is considering introducing measures taken by Rome, Paris and Barcelona to improve the city's Waste Management System (SWM).

Australia''s Prominence Secures 2 Exploration Blocks in Outer Continental Shelf (OCS) Near Texas

Australia’s Prominence Energy Ltd, through its recently shaped wholly owned subsidiary PRM Energy Texas LLC (PRM Texas), has been granted two adjoining investigation blocks within the USA Outer Continental Shelf (OCS) close Texas, the company said in a news release.

ACEN and Yindjibarndi People Forge Landmark Partnership for Renewable Energy Advancement in Western Australia

In a groundbreaking development for the renewable energy sector, ACEN (Australian Clean Energy Network) and the Yindjibarndi People have announced a historic partnership to promote sustainable energy projects in Western Australia.

Wastewater Treatment Startup Hydroleap Secures USD 4.4 million in Series A Round to Expand in Asia-Pacific

Singapore’s Hydroleap, a green wastewater technology company, has raised USD 4.4 million in its Series A funding round. The funding was led by Real Tech Holdings, a prominent Japanese Venture Capital firm, with the participation of corporate investors, including Mitsubishi Electric, Seeds Capital, Wavemaker Partners, New Keynes Investments, and the State Government of Victoria in Australia.

India Plan LNG Terminal in Iraq

NEW DELHI: India is making plans to construct a liquefied Natural Gas (LNG) terminal in Iraq because it seems to diversify materials and improve its strength security, a central authority reliable said.

Avina Clean Hydrogen and Chart Industries collaborate on California Green Hydrogen Project

Avina Clean Hydrogen has announced a partnership agreement with Chart Industries to work on developing a green hydrogen plant in Southern California

Orange Jordan rolls out 5G services in Amman and Irbid

Orange Jordan has launched its 5G services in several areas of Amman and Irbid, becoming the first telecom company to launch a 5G network in Amman.

Lumos Diagnostics Limited receives US-FDA Clearance for FebriDx POC Test

FebriDx POC Test, an aid to diagnose bacterial acute respiratory infection receives FDA approval in United States.

LyondellBasell Acquired of Mepol Group to Strengthen their Sustainability Goals

LyondellBasell Completes Acquisition of Mepol Group and its subsidiaries Polar and Industrial Technology Poland to strengthen its advanced polymer solutions (APS) business unit.

Shell CEO Calls It ‘Irresponsible’ To Cut Oil Production Now

LONDON (AP) — The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels.

In Tamil Nadu, Cleantech Solar Corp. decided to develop C&I Solar PV Projects of 60 MWp Capacity

Cleantech Solar Corporation Pte Ltd involved in a developer that finances, constructs, owns and operates wind and solar photovoltaic projects and is headquartered located in Singapore decided to develop C&I solar PV projects of 60 MWp capacity in Tamil Nadu.

U.S. oil and gas production set to turn down later in 2023

After Russia's invasion of Ukraine in the middle of 2022, U.S. oil and gas production continued to trend upward through April as a delayed response to extremely high prices.

The Union Government Introduces PM PRANAM Scheme to Incentivize States to use non-Chemical Fertilizers

The Centre plans to introduce a new scheme – PM PRANAM, which stands for PM Promotion of Alternate Nutrients for Agriculture Management Yojana to reduce the use of chemical fertilizers by incentivizing states.

Lilly clinches a $2.4Billion deal for the acquisition of DICE Therapeutics

Eli Lilly to promote its immunology business by acquiring DICE’s pipeline oral interleukin (IL)-17 inhibitors that are presently in clinical development, to treat psoriasis and other IL-17-mediated chronic immunological disorders.

U.S. FDA Grants Approves Gene Therapy for Hemophilia A

The U.S. FDA approves the first and only gene therapy by BioMarin Pharmaceutical Inc- ROCTAVIAN™ (valoctocogene roxaparvovec-rvox), that severely reduces the dangerous bleeding problems due to the inheritance conditions.