About Author : Pankaj Singh

Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With experience in technical and niche writing, he was encouraged to opt for a career in content writing and now pens down articles pertaining to market research, industry news and business trends.



Contribution by Pankaj Singh

Amazon confirms decision to block Australian customers from US website

Retail giant Amazon has reportedly announced that Australian consumers will no longer be able to access its U.S. website from July 1, 2018. The decision has come on the same day when the imposition of the new GST laws by the Australian government is ...

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HelloFresh to sell meal-kits in supermarket chains and grocery stores

HelloFresh, the second largest provider of easy-to-make meal-kits in the United States has reportedly announced its decision to commence the sale of its products in grocery stores and supermarkets. Sources state that it will enter the brick and morta...

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Tyson Foods buys Tecumseh Farms to expand organic meat production

The largest meatpacker in the United States, Tyson Foods, announced on Monday that it has purchased Tecumseh Farms, the company providing quality air-chilled chicken under the brand Smart Chicken. The company believes this endeavor will give them a s...

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Walmart to divest part of its Brazil business to Advent International

As part of the process to dispose of slow growing international operations, Walmart announced that it will sell 80% of its business in Brazil to Advent International while retaining a 20% stake. Walmart wants to focus on more promising areas and is w...

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Coca-Cola builds plant in Canada, goes international with Fairlife

Renowned beverage brand Coca-Cola Co. recently confirmed its plans to introduce its brand Fairlife milk in Canada, aiming to take it beyond national borders. The company announced that it will invest in a USD 66 million (CAD 85 million) plant in Pete...

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Ikea promises to dispose of single-use plastic products by 2020

Amid growing concerns of the impact that plastic has on the environment, Swedish furniture company Ikea announced the decision to phase out all single-use plastic products from outlets and restaurants by the year 2020. The move emphasizes the awarene...

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South African e-retail space to witness Superbalist and Spree merger

Retail behemoths Superbalist and Spree have apparently announced their merger and will be trading as a single entity, effective from July 1. Eminent names in South Africa’s online retail segment, the companies will fuse their operations and bra...

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British online retailer ASOS to ban clothes made from animal products

Asos, one of the biggest online clothing stores in the UK, has announced its intention to ban the sale of clothes made from mohair, cashmere, silk and feathers on its website starting January 2019. The announcement reflects a worldwide trend in the f...

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South Korea to input $9 million in pilots for blockchain development

In an effort to boost the development of blockchain expertise in the country, the South Korean government has declared plans to invest 10 billion Korean won in six different pilots using the blockchain technology. The main reason for this investment,...

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Instacart to home deliver groceries from local stores in Helena

Instacart, a San Francisco based grocery delivery platform, has scarcely launched its service in Helena, which allows the residents to easily shop for groceries from the comfort of their home. The company will be delivering products in Helena locally...

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Grab incorporates third-party providers for faster service expansion

Grab, in an effort to realize its stated aim of building an “everyday app”, is planning to engage third party service providers on its platform to deliver convenient day-to-day services to customers. Sources familiar with the issue hinted...

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DHL eCommerce sets up Melbourne distribution center to support exports

DHL eCommerce has scarcely declared the opening of its Melbourne distribution center in Tullamarine, placed along with DHL Global Forwarding’s 16,700 sq. m. facility. The new distribution center will use DHL’s routes and networks for deri...

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Roche’s debut immunotherapy may gain approval post positive trials

The Swiss drugmaker Roche on Monday revealed that the trials of their immunotherapy mixture, consisting of Tecentriq combined with chemotherapy, showed positive survival results. Roche hopes that this immunotherapy mixture will be the first of its ki...

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Sanofi to pay $462m to Regeneron in a revised immuno-oncology deal

The Paris-based multinational pharmaceutical firm, Sanofi S.A., would pay approximately $462 million to Regeneron, a New York-based biotech firm. Apparently, this move is the result of a revision of their deal in immuno-oncology, a booming sector in ...

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Zydus Cadila granted approval from US FDA to market antipsychotic drug

Indian pharmaceutical firm Zydus Cadila has recently announced that the company has received final approval from the health regulator of the U.S. for marketing Aripiprazole tablets, an antipsychotic drug. The company said in a BSE Filing t...

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Johnson & Johnson increases US prices on two-dozen prescription drugs

* The company becomes the latest in a list of several other companies to increase the US prices on its drugs. * The move comes on the same day Democratic Congress members proposed a bill that aims to lower prescription drug prices for American custo...

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Anteo Diagnostics & Sona Nanotech team up to improve lateral flow tests

* The collaboration aims to help accelerate the development & enhance lateral flow immunoassays’ performance. * Under the collaboration agreement, Sona’s gold nanorod tech would be merged with Anteo’s AnteoBind and several othe...

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Grofers targets ₹200 crore GMV during big grocery sale on its platform

Grofers CEO and co-founder stated that the company is targeting Rs 6,865 crore in gross sales by March 2019. Grofers, the online grocery startup backed by SoftBank, is reportedly aiming to surpass Rs 200 crore in gross merchandise value (GMV) during...

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Rustomjee joins hands with IKEA to develop designer homes in Mumbai

Reports indicate that IKEA, the Sweden based furniture retailing giant, has collaborated with Mumbai-based developer Rustomjee, for offering designer and furnished homes at Global City, an upcoming township project at Virar. Apparently, IKEA would be...

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Telix Group inks deal with ININ to boost prostate imaging technology

Telix Pharmaceuticals Limited, through its wholly-owned subsidiary Advanced Nuclear Medicine Ingredients SA (ANMI), has recently announced that it has entered into an agreement with Mexico’s Instituto Nacional de Investigaciones Nucleares (ININ...

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Regional FMCG importer Truebell expands retail and food services

The food and retail services division of the firm has signed exclusive distribution deals with numerous major brands."   Truebell launched a new fulfilment center at the Dubai Industrial Park in September 2018. The UAE-based leading G...

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BigBasket to invest $100 million to strengthen its supply chain

BigBasket will also reportedly invest to set up BB Instant – its unmanned vending machines – in apartment and office complexes. Online food and grocery store BigBasket will reportedly pump in $100 million (around INR 698 crore) to improv...

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Ikea to trial leasing out furniture under its latest business strategy

The company’s furniture leasing trial is set to start in Switzerland by the end of the month.   The move is a significant deviation from the company’s conventional business model. IKEA, the renowned Swedish multinational furnit...

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Online trucking platform BlackBuck secures INR 1,050 crore in funds

BlackBuck, India’s largest online platform for trucking, has made it to the headlines for raising up to Rs. 1,050 crore ($150 million) in the latest financing round, which was headed by GSIP (Goldman Sachs Investment Partners), along with the A...

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Walmart to launch online pet pharmacy and veterinary clinics

It is estimated that pet food spending will reach $31.68 billion in the year 2019. Walmart, the world’s largest retailer, has reportedly announced to launch dozens of veterinary clinics more and its first online pet pharmacy to attract more pe...

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Merck KGaA, Darmstadt, Germany to acquire Intermolecular Inc.

Reportedly, the Executive Board of Merck KGaA, Darmstadt, Germany and Intermolecular's Board of Directors have unanimously approved the acquisition. Intermolecular Inc., an advanced materials innovation company, has reportedly inked a defin...

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UCSF scientists make stem cells that are invisible to immune system

The feat is being touted as a breakthrough in biological engineering that prevented rejection of stem cell transplants in lab studies   The new study was published in the journal Nature Biotechnology on February 18 Researchers at the UC Sa...

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Blaze Bioscience publishes Phase-1 trial results of tozuleristide

Exploratory studies with the Odyssey CLx (LI-COR Biosciences), FLUOBEAM®800 (Fluoptics), and SIRIS (Teal Light Surgical) imaging devices, were conducted. The U.S. based biotechnology company Blaze Bioscience, Inc., has reportedly announced the p...

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Invicro & icometrix to offer comprehensive imaging core lab services

A Konica Minolta company Invicro LLC has reportedly entered into a partnership with icometrix to seamlessly offer the most comprehensive range of imaging core lab services in the world along with the most robust FDA approved MRI informatics capabilit...

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HealthTrackRx™ forms JV with Marshall Health & Mountain Health Network

The newly formed organization will focus on preventing an opioid epidemic in West Virginia and its surrounding regions. Hospital & healthcare company, HealthTrackRx™ has recently entered into a joint venture (JV) with Marshall He...

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PhaseBios Phase 1 PB2452 clinical trial results published in the NEJM

PhaseBio Biopharmaceuticals Inc., a U.S.-based clinical-stage biopharmaceutical company, has reportedly announced that results of its Phase 1 clinical trial  of PB2452, which is a new reversal agent for the anti-platelet drug ‘ticagrelor&r...

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Marks and Spencer plans to launch supermarket-size food stores

The announcement ties in with a recent agreement signed by M&S with Ocado Marks and Spencer (M&S) is reportedly set to persuade families by opening super market-sized food stores to widen the range of food it offers. As per trusted sources, ...

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BeatO raises INR 11-75 Crore in pre-Series A round of funding

Apart from Orios Venture Partners, BeatO’s existing investors, Leo Capital & Blume Ventures also participated in the pre-Series A funding round. The proceeds from the funding round would be utilized to further expand the company’s ...

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Netmeds acquires health tech start-up KiViHealth for $10 million

The acquisition will help Netmeds to increase its market value against rivals like 1mg, mChemist, Pharmeasy, Lybrate and more. Chennai-based online pharmaceutical portal Netmeds, has acquired Ahmedabad-based healthcare startup KiViHealth in ca...

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Amazon to expand in Austin, create 800 vacancies for new tech jobs

One of the reasons for Amazon to choose Austin is the fact that its grocery business, Whole Foods Market already has headquarters in the city. The Jeff Bezos established Seattle-based American multinational tech giant, Amazon, has recently announced...

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Algernon declares reduction of key fibrosis marker in a NASH study

The company’s conducted biochemical analysis depicted that neither NP-135 or Cenicriviroc (CVC) showed any major negative effect on any vital metabolic markers. Algernon Pharmaceuticals Inc., a Canada-based clinical stage pharmaceutical compan...

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Trovagene’s Phase-2 trial shows resistance to anti-androgen therapy

The patients, who showed an early response (at C1D8) with reduction in PSA levels, were tested positive for AR-V7. Trovagene, Inc. has reportedly released the initial data from its ongoing Phase 2 study analyzing effects of Onvansertib with Zytiga&r...

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RiverPay to enable Alipay & WeChat Pay transactions in North America

Chinese consumers spent $18 billion on 3.2 million excursions to the U.S.   8.2 percent of the total overseas travel to the U.S. is accounted by Chinese travelers. Canada-based payment solution company RiverPay Inc. has announced that it h...

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Sun Pharma introduces an innovative chemotherapy product in the U.S

The chemotherapy product, INFUGEM™, would be the nation’s first & only cancer drug that comes pre-mixed in a formulation that is ready to infuse.   The incorporation of ready-to-use bags reduces the time taken by complex prep...

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Amazon brings Alexa into healthcare with access to medical information

Amazon has reportedly been making moves in healthcare sector and after signing an agreement with health providers under the Health Insurance Portability and Accountability Act (HIPAA), users are now free to ask Amazon’s Alexa for their medical ...

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Diameter Health raises USD 9.6 million in series A-1 funding round

A new investor Optum Ventures, an independent venture fund of Optum, led the investment round   The new funding would support the company’s growth along with its commercial resources, cloud delivery, and additional development Diame...

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Janssen unveils data from first phase-3 trial of single-tablet regimen

The outcomes from the first prospective Phase 3 trial studying the rapid initiation of a single-tablet regimen were published at the 13th ACTHIV 2019 conference Janssen Pharmaceutical Companies of Johnson & Johnson has reportedly released new 48...

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Medbelle raises €6 Mn in Series A funding round for digital hospital

Medtech startup Medbelle is reportedly building the first-ever digital hospital in the world, designed to supports patients through every step, starting from signup to aftercare. As per trusted sources, more than 30,000 people in the UK have already ...

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Reliance Retail considering the acquisition of toys giant Hamleys

87 of the 130 stores that Hamleys has across the globe are located in India and Reliance plans to add more stores in the country in 2019. Reliance Retail, India’s largest retailer in terms of revenue, has recently been reported to be discussin...

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PayPal Ventures invests $11 million in retail startup Happy Returns

Shoppers return 5 percent to 10 percent of purchased product in store, but 15 percent to 40 percent of online purchases. PayPal’s venture capital arm has reportedly invested $11 million in return and logistics solutions provider Happy Ret...

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British Land agrees to sell 12 retail superstores for £429 million

The transaction is expected to be completed by the end of May. British Land Company plc reportedly expects receiving net proceeds of about £95 million from its equity alliance with J Sainsbury plc after the sale of 12 superstores. Under the ag...

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Warburg Pincus partners with Runwal Group to develop malls in India

Warburg Pincus LLC, an American private equity firm, has recently formed a joint venture with Mumbai-based builders, Runwal Group to build a shopping mall platform. The partners will reserve $200 million each, in equity and raise $600 million in...

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Snapdeal moves closer to acquiring ShopClues in all-stock deal

Snapdeal, an Indian e-commerce company, is close to buying its rival ShopClues, in an all-stock deal. The deal is about to mature after talks fell through several times previously, due to disagreements on financial terms. If the merger goes through a...

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Myokardia reports positive results from clinical trial of MYK-491

Myokardia, a clinical-stage biopharmaceutical company recently presented positive results from its phase 1a clinical trial of MYK-491 dose in healthy volunteers, at the European Society of Cardiology Heart Failure Congress, Greece. Innovated by ...

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Celgene presents results of Iberdomide-Dexamethasone combination study

Celgene Corporation, a U.S.-based biotechnology company recently announced first clinical results evaluating CC-220 (Iberdomide) in combination with dexamethasone in patients with relapsed & refractory multiple myeloma from a Phase 1/2 study, cit...

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Associated British Foods to form JV with agribusiness Wilmar’s unit

Associated British Foods, a UK-based food processing company recently announced a joint venture with Yihai Kerry Arawana Holdings Company, a unit of Wilmar International. With the venture, ABF plans to strengthen its presence in China. The 50-50 join...

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Adverum Biotechnologies doses first Wet AMD patient in phase-1 trial

The California-based Adverum Biotechnologies Inc., which caters to the unmet medical requirements in rare and ocular diseases, has announced that it dosed its first wet AMD patient in the second cohort of its OPTIC phase 1 clinical trial for ADVM &nd...

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Poshmark expands its retail business, ventures into home décor

The U.S.-based retail firm Poshmark has reportedly announced that it is expanding beyond its fashion market involving resale of clothes, bags, footwear and accessories to home decor. The announcement comes along the heels of the company which garner...

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Amazon, NinjaCart in talks, retail firm to invest in fresh produce

US-based tech giant looks enter one of the biggest untapped sectors Amazon reportedly had meetings with Bengaluru-based fresh produce supply chain firm, NinjaCart, regarding a potential investment as the retail giant looks to penetrate the sector. T...

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Sun Pharma launches lipid disorders drug Ezallor Sprinkle™ in the U.S.

Ezallor Sprinkle™ (rosuvastatin) capsules can be indicated for three lipid disorders in conjunction with patient’s diet. Indian pharma giant, Sun Pharmaceutical Industries Ltd. has recently announced the U.S. launch of Ezallor Sprinkle&t...

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Aptose commences dosing first CLL patient in phase 1 study of CG-806

Initial data from the first two cohorts has demonstrated MYC inhibition in patients with acute myelodysplastic syndrome (MDS) and myeloid leukemia (AML). The clinical-stage company Aptose Biosciences Inc. has reportedly announced that it has started...

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eBay acquires 5.5% stake in Paytm Mall to expand footprint in India

Paytm Mall is the third investment of eBay in India after Flipkart and Snapdeal. The multinational e-commerce corporation eBay Inc. has reportedly acquired 5.5 percent share in Paytm Mall to get a slice of the Indian e-commerce market. Accordi...

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hVIVO confirms phase 1 trial of AGS-v PLUS for mosquito-borne diseases

This clinical study will assess the safety and immunogenicity of vaccine when given with or without adjuvant to small cohorts of healthy subjects. hVIVO plc has reportedly announced that AGS-v PLUS, an investigational vaccine created to protect aga...

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Amazon rolls out Scout autonomous delivery robots in California

The company brings out its 6-wheeled, sidewalk-driving delivering robot for delivery in the Irvine area of California.   The driverless robot will begin transporting packages to the user's doorstep. Amazon Incorporation has reportedly ...

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Experian takes over MyHealthDirect for patient engagement and access

MyHealthDirect’s easy-to-understand technology guides its patients to profound and right care. Acquisition of MyHealthDirect would strengthen Experian’s status as a foremost supplier of solutions which simplify healthcare’s admin...

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Mundipharma submits license extension for Invokana & Vokanamet to EMA

CREDENCE renal outcome study, that was stopped early because of positive efficacy findings, laid the foundation for submission of license extension.   Invokana® will be the first treatment in approximately 20 years indicated towards dec...

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Lupins Pharma Dynamics signs distribution agreement with Creso Pharma

The deal gives Lupin access to Creso’s cannaQIX product range, which are nutraceuticals based on cannabidiol hemp oil, utilized for reducing stress and help with nervous and mental functions.   Creso granted Pharma Dynamics sole distri...

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Regenxbio to present interim update of RGX-314 Phase I/IIA trial

Dr. Jeffery Heier, the primary investigator of the trial, will present the data during the Retina Subspecialty day program held at AAO (American Academy of Ophthalmology) 2019 annual meeting, CA   The biotechnology firm is also planning to i...

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Inotrem nangibotide program gets Fast Track designation from the FDA

The company’s therapeutic solution is capable of being the first septic shock treatment which is mechanism-based.   Inotrem will start its planned multinational multicentric Phase IIb trial in patients of septic shock later in 2019. ...

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Ribon Therapeutics doses first patient in RBN-2397 Phase 1 trial

The Phase 1 clinical trial assessing RBN-2397 will be the first clinical evaluation of monoPARP Inhibitor.   RBN-2397 is the company’s PARP7 inhibitor and is capable of potently inhibiting cancer cell proliferation. Ribon Therapeutic...

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SunGen Pharma and Elite Pharmaceuticals file an ANDA with the FDA

This is the second ANDA filed by both the companies, giving Elite Pharmaceutical the exclusive right to retail the drug. Elite Pharmaceuticals, Inc. a pharmaceutical company that creates niche generic products and abuse-deterrent opioids, recently a...

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Zelegent expands to OSA therapeutics with MISH platform acquisition

MISH Technology stands for Minimally Invasive Suspension of the Hyoid and is a novel pre-clinical product line meant to treat obstructive sleep apnea (OSA). MISH is relatively less invasive when compared with presently used hyoid suspension produc...

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Emergency Care Partners finalizes its merger with Chicago’s IEMS

With rising cases of roadside accidents worldwide, the need for emergency medical facilities have increased considerably in recent years. These facilities offer immediate assistance without any appointments, which makes them the go-to place for treat...

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XORTX reveals positive results for Phase 2 trial of TMX-049

Type 2 diabetes is a prevailing disease in which cells become unresponsive to insulin while gradually increasing blood sugar. With growing cases of Type 2 diabetes worldwide, pharmaceutical companies are now focusing on developing new drugs by means ...

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Marshalls finally marks its online presence with its new online store

Online retail and fashion stores have shown an exponential amount of growth in the past few years. Online sites eliminate the need for a brick and motor store, saving a huge amount of money which companies can redirect towards their marketing efforts...

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Forever 21 files for Chapter 11 bankruptcy, plans to shut 178 stores

With the growing popularities of different types of clothing trends like hoodies, denim and T-shirts, clothing companies have to stay up to date on the latest styles, in order to be in the game. However, while concentrating on this aspect o...

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Merck reveals positive results from KEYTRUDA® Plus Phase 3 trial

Breast cancer is initiated when genes regulating cell growth mutate. These mutations allows the cells to divide and multiply rampantly and are formed in the ducts or lobules of the breast. Several pharmaceutical firms are developing novel treatments ...

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Graybug Vision commences Phase 2b Clinical study to target wet AMD

Macular degeneration is the leading cause of irreversible, serious vision loss that occurs when a section of the retina known as the macula is damaged. It is often observed that Age-Related Macular Degeneration (AMD) is commonly o...

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Illumina inks a long-term NGS deal with Dutch company Qiagen

The pharmaceutical industry is responsible for treating some of the most critical health issues. The sector produces, develops and markets drugs that could be beneficial to people on a larger scale. However, with growing competition in this prof...

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Incyte unveils positive results from Phase 2 ruxolitinib cream study

Vitiligo is a prominent skin diseases prevalent across the world that causes skin color loss. The disease is increasingly being taken as a serious issue by various pharmaceutical firms across the globe, who are continuously working towards finding a ...

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Centene, RxAdvance and Walgreens unveil new pharmacy management model

The cloud adoption trend is increasingly picking up momentum across a plethora of industry disciplines. Among these, the healthcare and pharmaceutical sector is emerging as a prominent cloud subscriber globally. Numerous industry players, including i...

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Vertex announces reimbursement of ORKAMBI and SYMDEKO in Australia

Vertex Pharmaceuticals Inc. is a global biopharmaceutical company that is relentless in striving for medical excellence while developing transformative therapies for life-threatening and serious diseases, such as cystic fibrosis. It has made a name f...

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