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

Hybrid cloud services to revolutionize enterprise storage market, security companies to profit from rising data threats

The global cloud space is rapidly expanding its horizons, owing to which cloud-based enterprise storage market is on a definite upswing. Cloud services have literally reached the pinnacle, with every business and enterprise demanding a share of the c...

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Massive growth spectrum ahead for 3D technology market, 3D printers to accumulate a major chunk of the industry stake

3D technology market has always been, and will continue to be an attractive sector for tech giants to invest in. With a rush of top notch companies involved in this competitive business space, 3D technology industry size is projected to record a lucr...

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Flipkart takes over eBay India, Amazon to face critical competition on the Indian turf

In a bid to outshine the world’s most popular online retail giant, Amazon, Flipkart has officially acquired eBay’s India operations as of March 2017. India’s largest online retailer has also brought Tencent and Microsoft on board to...

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Netflix’s global subscribers to cross the much-awaited 100 million mark

Netflix, the famous American entertainment firm, is on the brink of surpassing a global subscriber count of 100 million very soon. Reports cite that the prediction was made after the company’s earnings from the first quarter of 2017 were releas...

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Uber aims to launch flying automobiles by 2020, Dallas and Dubai await trial runs

Uber’s recent announcement of introducing flying cars by the end of 2020 has made sensational headlines all over the globe. The 8-year old transportation network giant has revealed its ambitious plans of launching taxis that resemble small elec...

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ChemChina-Syngenta acquisition treading on eggshells as NFU beckons FTC to resist the deal

The National Farmers Union (NFU) has called upon the Federal Trade Commission (FTC) to oppose the recently proposed acquisition of Syngenta by ChemChina. ChemChina (China National Chemical Corporations), the Chinese state-owned chemical company spec...

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Commendable surge recorded in the cybersecurity shares post the WannaCry Ransomware Cyber-Attack: FireEye and Symantec Corp encountered a decent stock hike

Global cyber security industry shares are witnessing a rapid surge in response to the recent wave of “WannaCry Ransomware” cyber-attack, which has smashed more than 200,000 computers in 150 countries. The attackers have reportedly demande...

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Amazon to establish warehouse in Australia to commence business operations, retail behemoth likely to face tough challenges on the Aussie turf

Renowned American e-commerce and retail giant, Amazon Inc., is looking forward to purchasing a high-end warehouse in Australia to expand its operations in the region. According to reliable reports, however, the company is likely to face unconventiona...

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Tata Communication and Alibaba join hands to transform the business landscape of global enterprises

Tata Communications has inked a deal with Alibaba Cloud, the cloud computing arm of Alibaba Group- founded in 1999 when Jack Ma launched the website Alibaba.com. This strategic partnership between the two companies has enabled 150 countries including...

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Tesla almost in agreement with regards to opening its first manufacturing unit in China

Reputed American automaker and energy storage company Tesla is on the verge of a major accomplishment, with its forthcoming business expansion in the China market. As per authentic snippets from the auto industry universe, China is the largest automo...

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European Investment Bank (EIB) plans to terminate Volkswagen from research funding citing the infamous Dieselgate scandal

The European Investment Bank (EIB) has apparently decided to cut off Volkswagen from any type of funding for research activities owing to the alleged emissions cheating scandal. This move is likely to prove disastrous for Volkswagen, considering its ...

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GM plans to introduce Maven Gig, its app-based car rental program in Los Angeles

Renowned American automaker, General Motors, is on the verge of expanding the scope of its rental car business, not only for passenger services, but also for delivering food across LA and other cosmopolitan cities. Apart from the U.S., GM has commenc...

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China government declares cyber-crime investigation: Sina Weibo, Baidu, and Tencent under scrutiny for breaking cyber laws

The government of China has declared an investigation involving three top-notch Chinese media giants - Sina Weibo, Baidu, and Tencent under the cyber security legislation. These three companies have reportedly violated the cybersecurity laws and have...

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The U.S. government’s Oil and Gas Leasing Program ushers in high bids worth more than USD 121 million

Major behemoths operating in the oil and gas market have purchased oil blocks in the U.S. waters in the Gulf of Mexico that has generated approximately USD 121.14 million in high bids. The sale received bids for 90 tracts, which approximately covers ...

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The UK Government aims to ban new petrol and diesel cars to regulate the pollution levels in the country

The UK government has been planning to introduce a ban on the usage of diesel and petrol based vehicles with an aim to reduce the air pollution levels in UK and improve the air quality, which has reportedly been taking a turn for the worse due to the...

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Maersk settles energy deal with Total to divest its oil unit for USD 7.5 billion

Globally acclaimed Danish conglomerate, Maersk, has been planning to sell its energy business to the French integrated oil and gas company, Total SA. Through this deal, Maersk will receive approximately USD 7.5 billion for the entire sale from Total....

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Renault-Nissan to penetrate Chinese electric car market, ties up with automaker Dongfeng

With regard to the favorable initiations taken by Beijing government to improve air quality, Renault-Nissan has signed an agreement with the Chinese automaker Dongfeng to develop electric vehicles. With this joint venture, Renault-Nissan Alliance ha...

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Jazz Pharmaceuticals signs a deal with Immunogen to develop and commercialize ADCs

Ireland-based biopharmaceutical company Jazz Pharmaceuticals is planning to team up with ImmunoGen Inc., one of the many pharma giants reputed for the development of antibody-drug conjugate therapeutics. Jazz is planning to invest USD 175 million in ...

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ESB to execute an offshore wind power plant in Ireland worth close to a billion Euros

The latest news in the renewable energy cosmos is that of ESB aiming to profoundly penetrate the offshore wind industry. Taking into account the several energy and environmental benefits of renewables, the Irish Government has planned to develop a wi...

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Hyundai Motor’s production in China comes to a standstill on account of product supply disruption

Reputed South Korean automaker Hyundai Motor has been facing a stumbling block – the production in one of its Chinese factories has been halted due to supply disruptions. The company’s officials have announced the shutdown of this product...

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China implores Denmark on wind farm development, aims to leverage its position in offshore wind industry

The renewable energy bandwagon is replete with the news of China tapping Denmark for the development of an offshore wind farm in its home ground, in a bid to control GHG emissions and consolidate its position in the sustainability landscape. China&rs...

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DowDuPont announces the realignment of its post-merger plan

DowDuPont, the joint venture between chemical giants Dow Chemical Company and DuPont, has changed its post breakup plan pertaining to the opposition from a select number of shareholders to bring about changes in the corporate strategies. For the reco...

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IT service behemoth UST Global to make a substantial investment in Singapore’s MyDoc

UST Global, the renowned American multinational provider of digital technology, IT services and solutions, has lately been eyeing the healthcare market prospects across the Asia Pacific and Europe regions with an aim to provide advanced digital healt...

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Anheuser-Busch inks PPA agreement with Enel Green Power to be a part of the global renewable energy goal

Renowned U.S. based beer giant Anheuser-Busch has signed a contract to purchase power produced at an Oklahoma wind farm, as a strategic part of its future goal to become 100% dependent on renewable energy sources for electricity. The Oklahoma based w...

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Bayer receives approval from the FDA to sell its cancer drug Copanlisib in the U.S.

The renowned German pharmaceutical, chemical, and life sciences company, Bayer has scarcely received regulatory approval from the U.S. Food and Drug Administration (FDA) to sell its cancer drug to treat lymphoma. It is prudent to mention that FDA&rsq...

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Waymo inks a pivotal deal with Intel to develop an in-house self-driving computer design

The reputed American multinational corporation and technology company, Intel, has recently signed an agreement with Waymo, with regards to the latter’s decision of going in-house to develop the core technology for its self-driving system. For t...

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Daimler invests USD 1 billion in U.S. auto plant to build first electric SUV

The reputed German automaker, Daimler has announced the expansion of its manufacturing plant in the U.S., with an aim to consolidate its position in the electric vehicle market. The company plans to commence the production of a fully electric SUV at ...

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Dubai to host the testing module of the world’s first driverless flying taxi

In a bid to lucratively enhance the transportation system in the city, Dubai has successfully commenced the testing of its first drone taxi service. Reportedly, this aerial taxi will transport passengers across the city without the assistance of pilo...

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Ford inks partnership with Mahindra & Mahindra to ramp up its position in India automotive industry

The American multinational carmaker, Ford Motor Company, has recently signed an agreement with Mahindra & Mahindra in a bid to use the latter’s operational skills to innovate advanced technologies in the ever-growing automotive market. Ford...

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EU orders Luxembourg to recoup USD 294 million from Amazon in back taxes

The European Union (EU) has ordered the world’s renowned e-commerce giant, Amazon, Inc., to pay back unpaid taxes amounting to USD 294 million (approximately EUR 250 million) to Luxembourg, that the company has apparently exhorted from the regi...

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Samsung & Grab team up to boost Southeast Asia digital economy

Tech giant Samsung Electronics and the largest ride-hailing service of Southeast Asia, Grab, have reportedly signed a memorandum of understanding facilitating a strategic collaboration between the two companies. Sources claim that through this deal, ...

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Ravensdown opens $30 million precision blending plant in New Plymouth

Ravensdown Ltd., one of the pivotal manufacturers and suppliers of fertilizers to the New Zealand agricultural sector, has scarcely made an announcement with regards to a major capital project. Sources state that the company will be setting up a new ...

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National Grid to install 350kW electric vehicle charging network in UK

National Grid PLC, the British utility company, responsible for running the electric grid of the nation, has apparently proposed the installation of a network of 50 strategically located EV charging points across England and Wales. The tactical posit...

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Sony forms alliance to introduce AI based cab hailing service in Japan

Sony apparently plans to broaden its technology and business profile through the development of a Japanese taxi hailing system using artificial intelligence and algorithms to predict demand. In effect, Sony seems to be on the verge of competing with ...

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CBA to pay $3 million penalty over charging unjustified advice fees

Australian multinational bank, CBA has finally decided to pay $3 million in the form of penalty after the Australian Securities and Investments Commission found two financial planning arms of the bank charged millions of dollars from customers for th...

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Howard county considers Elkridge to setup drug treatment center

Howard county, a region that made it to the headlines due to its soaring numbers of opioid related fatalities, is expected to witness the construction of its first residential drug treatment center in Elkridge. Reportedly, the possible site is adjace...

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Walmart inches closer to purchasing a major stake in Flipkart

Globally acclaimed tech giant Amazon is reportedly looking forward to winning over Walmart’s bid to take over Flipkart, the leading Indian e-commerce company, Flipkart. Sources state that Flipkart Online Services however, may be inclined toward...

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Costa Coffee pledges to recycle up to 500 million cups a year by 2020

Costa Coffee, the largest coffee chain in UK, has committed to recycle an equivalent volume of takeaway cups bought by customers. According to Costa Coffee, hundreds of millions of recyclable takeaway cups needlessly end up in landfills each year. Th...

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J&J buys Bristol-Myers Squibb’s Factor XIa inhibitor program

The pharmaceutical giant Johnson & Johnson has reportedly entered into a collaboration with Bristol-Myers Squibb for the development and commercialization of Factor XIa inhibitors. The deal also provides a major stake to J&J in the developmen...

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Facebook change of data privacy terms to affect 1.5 billion users

Facebook, the social media platform that has come under severe scrutiny due to the allegation of leaking personal data of 87 million users, declared that it will be soon changing its terms of service. This change in data privacy terms apparently mean...

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DBS to launch cross border transaction tracker in HK and Singapore

DBS will be launching a real-time payment tracking service that will benefit 200,000 of its corporate and small to medium enterprise clients located in Hong Kong and Singapore. According to reliable sources, the service will be powered by SWIFT Glob...

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Barclays inks deal with PayPal to aid customers manage accounts easily

Barclays, the British multinational bank and PayPal, the American digital wallet service announced that they have joined forces in a strategic partnership to enable customers manage and use their accounts together. In a press release, the two compan...

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Subway to shut down 500 U.S. stores & set up over 1000 stores abroad

Subway, one of the largest restaurant chains in the world is planning to close around 500 outlets in the United States. According to Subway CEO Suzanne Greco, the international chain is aiming to increase its overseas presence and is planning to open...

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UK supermarkets launch voluntary pledge to cut plastic packaging waste

Renowned supermarkets and food businesses based in the UK have seemingly initiated a voluntary pledge to curb plastic packaging wastes. The move, as per sources, may have plausibly come in the wake of the plastic waste crisis faced across myriad geog...

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Walmart to stem market share loss via local partnerships in India & UK

Renowned retailer Walmart Inc., in an effort to curtail the loss of shares to rivals across the globe, plans to strike partnership deals with local operators in the UK and India. Walmart’s international moves over the years have proved to be la...

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Internet services giant Baidu to divest financial services business

Baidu Inc., one of the leaders in the China market for internet services and products, has announced that it has entered into a deal to divest its financial services business. The investor consortium would be led by TPG and the Carlyle Group. Other p...

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GP Strategies buys out IC Axon to deliver training to pharma customers

GP Strategies Corporation, the international performance improvement solutions provider, has scarcely declared that it has purchased IC Axon, a leader in developing science-oriented training for life science and pharmaceutical companies. The acquisit...

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Edeka & Nestle reach agreement to settle long-standing retail dispute

Germany’s largest supermarket chain, Edeka and the renowned Swiss foodstuff producer, Nestle, have reportedly reached an agreement to settle the much-publicized retail dispute the two were entangled in. No details were provided about the conten...

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BP Plc may plan to acquire some of BHP’s energy assets in the U.S.

BP Plc, a British multinational oil and gas company, has reportedly been weighing a decision to acquire assets from BHP Billiton Ltd, the Australia based mining company, in an effort to expand its onshore U.S. shale assets. According to reliable sou...

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Genentech-Lodo sign agreement for soil-based drug discovery

Genentech, a Roche subsidiary, has reportedly signed a deal with Lodo Therapeutics for around $1 billion to employ the genome mining technology of Lodo for a new drug discovery. The deal seems to be a first for Lodo which has a backing of $17 million...

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Carrefour Brasil inaugurates click-and-collect service in Sao Paulo

Carrefour Brasil, the largest food retailer of the country, will reportedly launch an innovative click-and-collect style service in Sao Paulo. Incidentally, the business model already accounts for about 8% to 10% of food sales in France. In an offici...

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Canadian Tire Corporation to purchase Helly Hansen for $985 million

Canadian Tire Corporation Limited has reportedly announced that it has entered into an agreement to buy Helly Hansen – a leading workwear and sportswear producer based in Oslo, Norway. Through Mark's and FGL, Canadian Tire Corporation has ...

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New Zealand supermarket eliminates annual use of 1 mn plastic bags

Supermarket FreshChoice Nelson will reportedly stop the use of plastic bags at its checkout counter and replace them with paper and reusable bags. The supermarket in Nelson will become the first in the country to undertake such a drastic action for l...

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Kroger acquires Home Chef, redefines consumer shopping patterns

Kroger Co. is undertaking a deal to acquire Home Chef, a meal kit company for an upfront value of $200 million. The deal, which is expected to close in a month, also includes a clause to make payments of another $500 million over the next 5 years if ...

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Ride-hailing service Go-Jek plans to commence operations in Singapore

Go-Jek, the Indonesian ride-hailing service, recently reported that it would be expanding its services into four markets in South-East Asia and will include Singapore in its expansion plan. The expansion is a part of a growth plan that apparently cos...

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Alibaba to inject online pharmacy business into listed healthcare unit

Alibaba Group Holding Ltd, the Chinese e-commerce giant will be injecting some of its online pharmacy business to Alibaba Health Information Technology for HK$10.6 billion ($1.35 billion). Alibaba Group will be selling Ali JK Nutritional Products Hol...

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eBay disrupts Australia online retail space with free delivery program

eBay, the multinational e-commerce corporation, announced a new membership delivery service to galvanize the online retail scenario of Australia. eBay will soon be launching the offer called eBay Plus to Australian internet shoppers to avail unlimite...

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Wanda and Tencent come together to launch smart shopping centers

The leading Chinese operator and owner of shopping centers, Wanda Commercial Management Group, has reportedly collaborated with Tencent Holdings. With this move, Wanda plausibly aims to emerge as a smart retailer across the online retail channels as ...

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Singapore issues invitation to China to test its AI solutions

During the very first Sino-Singapore Artificial Intelligence Forum, Singapore Finance Minister, Heng Swee Keat, invited China to help Singapore test artificial intelligence solutions that will tackle everyday problems faced by sectors like banking an...

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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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HCA & CHS close major deals, bolster M&A trends in healthcare industry

HCA Healthcare, one of the leaders of hospital networks in Texas, reportedly stated that the executives of the business have opened a dialogue with the North Cypress Medical Center in Houston. Through this deal, which will possibly be completed by th...

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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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Online retailer zulily signs up for cloud computing services of Amazon

Online flash-sale retailer zulily has announced the shift of a bulk of its software to the cloud-computing infrastructure of Amazon Web Services. The move has been an unexpected one in the retail industry as zulily, which sells items ranging from per...

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Sears expands contract with Amazon, brings services to over 100 stores

Sears Holdings, the American retail giant, recently announced that it will be expanding its partnership with online retail platform Amazon, across the United States. The department store chain that has been struggling for the last few years, has bee...

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Ikea to modify in-store restaurant to attract more customers in India

Ikea, the Swedish home furnishing retailer, will be opening its outlets in India soon, on the grounds of which it is aiming to increase footfall in its store by focusing on its restaurant business. This is reportedly in sharp contrast with Ikea&rsquo...

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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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Supermercato24 raises €13M to improve operations & expand services

Supermercato 24, one of the leading same-day grocery delivery service in Italy reportedly raised €13 million in Series B funding. The funding is led by FII Tech Growth and other new investors like Endeavor Catalyst beside current investors Innog...

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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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Alibaba empowers retail digitization with AI-based Hema stores

Alibaba empowers retail digitization with AI-based Hema stores The Alibaba owned offline supermarket Hema was recently put up on exhibit in 2019 Retail's Big Show in New York City, highlighting artificial intelligence and the online commerce beh...

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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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Microsoft signs up Albertsons to its cloud computing platform Azure

The grocery chain also plans to leverage Microsoft’s AI technology and team up on cashier-less technology. Microsoft has reportedly inked a three-year agreement with Albertsons, grocery giant and parent company of Safeway and Vons, in a bid to...

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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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Giant Food Stores to open its first e-commerce hub, Giant Direct

The e-commerce pickup & fulfilment facility in Lancaster is currently being marketed under the brand ‘Giant Direct, Powered by Peapod’   The hub is anticipated to help Giant Food to serve 40 per cent more customers than the p...

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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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Whole Foods & Amazon expand Prime Now delivery to 13 new metros

Prime members in around 88 metros in the US will now be have access to grocery delivery in less than an hour. The American tech conglomerate, Amazon, and the U.S.-based supermarket chain, Whole Foods Market, are reportedly taking their partnership t...

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Walmart partners with Fanatics to sell sports apparel for fans online

The deal with Fanatics will help create a unique experience for customers to easily find specialty sports items Walmart has announced that it has entered into a long-term deal with Fanatics, a major licensed sports apparel retailer, for introducing ...

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TG Therapeutics unveils long-term data from ublituximab Phase 2 study

TG Therapeutics, a biopharmaceutical company focused on developing medicines for patients having B-cell mediated diseases, has recently announced the long-term follow-up data of its Phase 2, Open Label Extension trial of ublituximab (TG-1101), the fi...

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Lucence declares the opening of molecular diagnostics lab in Singapore

Lucence Diagnostics has reportedly made it to the headlines for having announced the opening of its new headquarters & molecular diagnostics laboratory in Singapore. As per sources familiar with the matter, the new facility spanning 10,000 square...

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Amazon initiates wholesale remodeling in accordance with new FDI rules

Retail behemoth Amazon is reportedly planning to convert two of its most prominent sellers – namely, Cloudtail and Appario, into wholesale entities capable of undertaking B2B transactions. Credible sources cite that Amazon’s latest move c...

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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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Walmarts mattress brand Allswell unveils a new retail strategy

The brand will start a cross-country tour starting with New York and will later be heading to major cities to gain new customers and feedback. U.S. retail giant, Walmart Inc. has recently announced that its online mattress and bedding brand, Allswel...

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ITC to pilot its first FMCG e-commerce platform in major Indian cities

Indian conglomerate ITC has reportedly confirmed its plans to pilot its first-ever e-commerce venture in the FMCG (fast-moving consumer goods) category, itcstore.in, in major metro cities of India - Delhi-NCR, Chennai, Kolkata, Bangalore, Mumbai and ...

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H&M debuts into the cryptocurrency space to ease cross-border paymentsa

Hennes & Mauritz (H&M), the leading Swedish brand for clothing and retail, has made it to the headlines for entering into the cryptocurrency space, with many of the brand’s distributors starting to accept cryptocurrency as payments glob...

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Barneys to launch a new cannabis lifestyle shop called The High End

Barneys New York Inc., the US-based luxury department store chain, is reportedly launching a head shop named The High End, to be debuting in March this year within its Beverly Hills store. The High End will be offering extravagant cannabis products, ...

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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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3M to acquire medical device maker Acelity in a $6.7 billion deal

3M Co has reportedly announced it would acquire Acelity Inc, a privately-owned medical device maker, in a $6.7 billion deal, including debt, as the U.S. industrial multinational looks to expand in medical dressings and related products. As per trust...

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Merck unveils results from Phase 2 trial of V114 vaccine in infants

V114 has secured a Breakthrough Therapy Designation from the U.S. Food and Drug Administration (FDA) to avert invasive pneumococcal disease (IPD) in January 2019. The U.S. based multinational pharmaceutical company Merck, also known as MSD outs...

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IBM Watson collaborates with Broad Institute to explore genomics data

The initiative is expected enhance understanding of intrinsic possibility that individuals have for any specific disease. IBM Watson Health, a cognitive healthcare solution company recently announced multiple new partnership deals. One of them is a ...

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Drug combination could set norms for advanced kidney cancer treatment

Reporting the results from a phase 3 clinical trial, an investigator from Dana-Farber Cancer Institute revealed that the combination of two drugs could be a first-line, new standard treatment for patients that are suffering from metastatic kidney can...

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Kerry Logistics JV with E-Services Group aims at e-commerce fulfilment

The companies will be combining their global supply chain facilities, technology platform and marketplace networks to offer cost-efficient solutions to e-retailers. Kerry Logistics, one of the leaders among supply chain agents, recently announced it...

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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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Amazon China’s merger plans with NetEase’s Kaola to challenge Alibaba

Amazon aims to strengthen its footprint in Chine where e-commerce sales is expected to grow to account for nearly one-third of the all retail sales in 2019, exceeding $1.9 trillion. The Chinese joint venture (JV) of Amazon.com Inc. is reportedly ami...

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Mobify, CoreMedia partner to offer enhanced online shopping experience

Mobify and CoreMedia have recently announced a technology partnership that would combine the Front-end as a Service of Mobify for building revenue-driving, fast Progressive Web Apps and CoreMedia Content Cloud’s Content as a Service (CaaS) for ...

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Walmart teams up with PhonePe to deploy it as a digital payment option

PhonePe, the India-based digital payments major, has reportedly signed a collaboration deal with Walmart India, the wholly-owned subsidiary of Walmart Inc.. The deal enables PhonePe to serve as a payment option at the 23 Best Price wholesale cash &am...

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Walmart partners with Affirm to offer alternative financing option

Walmart may have chosen to partner with Affirm specifically for its younger user base and as a means to reach millennial shoppers. Affirm, the financial technology company that offers consumers a cash or credit alternative when making large purchase...

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Nobel & FreedomPay to provide users a more efficient ordering process

Nobel, the on-premise experience platform that optimizes food and beverage operations for locations and improves customer experience has reportedly announced its partnership with FreedomPay, a leading global customer-centric business payments platfor...

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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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Amazon launches new waste reduction strategy with Amazon Day

The online retailer says that by 2030, half of Amazons shipments will be carbon neutral and Amazon Day will help it achieve that goal. Amazon, the e-commerce giant recently announced that it will be making renewed efforts at lowering its carbon f...

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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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Coles ties up with eBay to provide online grocery service in Australia

The move would enable consumers in Brisbane, Melbourne, and Sydney areas to order everyday products Coles and eBay will offer the option of delivering groceries even if no one is at home Reports confirm that Coles Supermarkets Pty Ltd., an Austr...

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Masimo announces expanded partnership with Shenzhen Mindray for SET®

With the invention of Signal Extraction Technology® (SET®), Masimo has established a new standard for pulse oximetry by presenting the ability to measure through motion and low perfusion. The U.S. based medical device manufacturing comp...

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New H&M store in Woodward to attract more business to downtown Detroit

Swedish clothing-retail company H&M has reportedly confirmed the launch of its new store in downtown Detroit in the coming fall. As per trusted sources, the retailer has rented 25,000 square feet of space from Bedrock in 3 attached buildings loca...

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Philips puts forth a buyout offer for Carestream’s HCIS business

Royal Philips, the Netherlands-based healthcare technology company, has reportedly entered into an agreement with Carestream Health, a healthcare IT solutions provider, in a bid to acquire its HCIS (Healthcare Information Systems) business. Reported...

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EARS unveils AM-111 Phase 3 trial outcomes in a peer-reviewed article

Auris Medical Holding AG (EARS), a Switzerland-headquartered pharmaceutical company, has reportedly announced the publication of a peer-reviewed scientific article which contains detailed outcomes of the HEALOS Phase 3 trial with AM-111. AM-111 for t...

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Walgreens and Kroger to form a new group purchasing venture

Walgreens, a renowned U.S. based pharmacy-led health, beauty and well-being company, and Kroger, an American retail company, reportedly announced that they would be expanding their existing relationship to create a new group purchasing organization. ...

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GE Healthcare Life Sciences & ASLS unite to advance 3D biofabrication

  The alliance is aimed at personalizing regenerative tissue manufacturing processes Vascularized printed cells are set to pave the way for more complex biological structures including soft tissue, organ replacements and bone GE Healthcare ...

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Hummingbird Bio secures $19M to expand antibody therapeutics portfolio

Hummingbird Bioscience, an advanced biotherapeutics company, recently announced it has raised USD 19 million in a Series B funding round. Apparently, the financing round was co-led by GNTech Venture Capital and Mirae Asset Venture Investment. Source...

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Acadia announces positive results of Phase 3 trial to treat psychosis

Acadia Pharmaceuticals, a renowned US-based biopharmaceutical company dedicated to the development of treatments for central nervous system disorders, reportedly announced positive outcomes from its Phase 3 HARMONY study of pimavanserin. The company...

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Astellas Pharma inks a $3 Bln deal to acquire Audentes Therapeutics

Japanese pharmaceutical company, Astellas Pharma Inc. has reportedly entered into a definitive agreement to acquire biotech firm Audentes Therapeutics, Inc. at a price of US$60.00 per share in cash, representing equity value of around US$3 billion. ...

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Senseonics’ Eversense® obtains non-adjunctive labeling claim in U.S.

Senseonics Holdings, Inc., a US-based medical device startup company recently announced that users of its Eversense CGM (continuous glucose monitoring) system can now use the new Eversense CGM mobile application for dosing insulin based on the r...

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FDA accepts NDA for Pemigatinib, announces Innovent Biologics

  Pemigatinib has been granted priority review by the FDA The FGFR1/2/3 inhibitor is a therapy for patients with cholangiocarcinoma The clinical stage product candidate has been developed by Incyte Corporation Despite a plethora of advanc...

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Intuitive’s E-100 generator and SynchroSeal gets the FDA clearance

Intuitive, a US-based developer, manufacturer, and marketer of the robotic products designed to improve clinical results of patients through robot-assisted surgeries, reportedly announced that two of its technologies for its da Vinci surgical systems...

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Bio-Path Holdings finalizes safety testing in Phase 2 trial targeting AML

Bio-Path Holdings Inc., a biotechnology company developing novel therapeutics, has reportedly announced the successful completion of safety testing of prexigebersen combined with decitabine in patients with AML (acute myeloid leukemia) and MDS ( myel...

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Biocartis inks deal with Bristol-Myers Squibb for IdyllaTM MSI testing

Biocartis Group, a molecular diagnostics company based in Belgium, has reportedly signed a collaboration deal with the American pharmaceutical company, Bristol-Myers Squibb, for the IdyllaTM MSI testing with immune-oncology therapies and the pot...

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Ferring and Blackstone jointly invest in a new bladder cancer therapy

Private investment firm, Blackstone Life Sciences and Ferring Pharmaceuticals recently announced joint investment of more than USD 570 million in a novel investigational  gene therapy, rAd-IFN/Syn3 (nadofaragene firadenovec). The therapy is bein...

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AVITA Medical & Gates Center unite to explore spray-on skin treatment

AVITA Medical and Gates Center for Regenerative Medicine have reportedly inked a Sponsored Research Agreement or SRA to develop treatments for genetic skin conditions. The firms will conduct preclinical trials to develop spray-on skin treatments usin...

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Singapore Post shows signs of possible exit from U.S. ecommerce market

Reports suggest that Singapore Post (SingPost) could wind down or sell off its U.S. e-commerce business after performing a strategic review of the loss-making unit. Analysts have predicted that a divestment or closing down of the unit could result in...

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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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Tourism Malaysia & ShopBack join hands to lure travelers to the nation

In a move to facilitate growth of online travel bookings, Tourism Malaysia and ShopBack Malaysia have reportedly entered into a collaboration to support the biggest ShopBack-organized Online Travel Fair, being held in Malaysia from March 11 to March ...

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Early data from first human CRISPR trials reveals promising results

Vertex Pharmaceuticals and CRISPR Therapeutics have recently revealed early data from their joint trials to test CRISPR treatment in humans. The data was obtained from two patients suffering from serious blood disorders. Trial data indicates towards ...

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Novartis’ trial of Entresto reveals potential beyond HFrEF treatment

Swiss pharma-company Novartis has reportedly revealed subgroup results from its global PARAGON-HF Phase III study. The trial involved a study of patients suffering from HFpEF (heart failure with preserved ejection fraction) or diastolic heart failure...

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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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Coles to offer new range of ready-to-eat meals and breakfast products

Coles, an Australian supermarket brand is reportedly looking to ramp up its convenience strategy by adding 75 new food products to its existing range of ready-to-eat meals, which are meant to be purchased and consumed on the go. Sources familiar wit...

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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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Nike to halt direct sale of its shoes and clothes through Amazon

In efforts to retain their relevance in the continuously evolving world of ecommerce, companies are losing the personal touch they once had with their customers. Lately however, prominent brands that have a well-established reputation among consumers...

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Yahoo Japan explores plans for a merger with Navers Line app

Yahoo! Japan Corp., a Japanese internet firm, has recently cleared the fog on its merger with trending messaging app Line. According to reports, the merger would see the formation of a new internet group that would cover retail, finance and various o...

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Stanford medicine releases its research on Apple Heart watches

The study comprised enrollment of over 400,000 people, making it one of the biggest research efforts.   It also saw approximately 2,000 of people receiving notification of irregular pulse. California-based Stanford Medicine recently came o...

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Skyroam Solis X launched online for purchase or rental options

In this era of smart technologies and digitalization, the need for high speed internet connectivity have been doing rounds globally. To suffice these requirements, Skyroam Hotspot has taken a step forward to equip its online customers with WiFi smart...

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Spell & The Gypsy Collective rolled out on Workarea Commerce Cloud

Workarea Commerce, a renowned commerce platform for new merchants across various sectors, and Syatt Media, a Canada based e-commerce agency with deep platform and industry expertise, announced that Spell & The Gypsy Collective, a rapidly emerging...

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Roche’s Tecentriq immunotherapy for SCLC treatment approved by USDFA

The US FDA (Food & Drug Administration) has reportedly granted approval for Swiss drug-maker Roche Holding’s immunotherapy Tecentriq intended for treating ES-SCLC (Extensive Stage-Small Cell Lung Cancer). Reportedly, this is the latest win ...

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WeChat Pay & Alipay allow overseas users to use international cards

On the foundation of the popular digital payment services, China is moving towards a cashless economy. In a bid to offer ease to international users, Chinese mobile payment giants WeChat Pay and Alipay have recently started allowing foreigners to lin...

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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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CVS to sell CBD-infused topical products in 800 stores across 8 states

CVS has partnered with cannabis producers to infuse CBD and sell topical products like roll-ons, lotions, creams, slaves and sprays. CVS pharmacy has announced that it would sell hemp-derived CBD products, or products with cannabidiol, which is non-...

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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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Seller Labs acquires eCommerce service & software provider X-Cart

Since the past five years, Seller Labs’ team has observed diverse needs by brands and sellers. From beginning as an Amazon seller to developing software to decipher encountered issues, the company has grown in leaps and bounds which has enabled...

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Knight & TherapeuticsMD amid filing a NDS for Joyesta™ in Canada

Knight Therapeutics Inc., a pharmaceutical company based in Canada, had last year entered a licensing agreement with drug manufacturer TherapeuticsMD, Inc. to gain sale rights for TX-004HR and TX-001HR in Israel and Canada. However, the two firm...

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Mirati Therapeutics reveals Phase ½ results of KRAS inhibitor therapy

Mirati Therapeutics, an oncology company that engages in the development of targeted therapies, recently released its clinical trial results for MRTX849. Reportedly, MRTX849 is a KRAS G12C inhibitor and the data from Phase ½ results were prese...

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Themis Bioscience, CEPI initiate Phase 1 study for Lassa Fever vaccine

Lassa fever is a severe viral hemorrhagic illness which usually occurs due to human exposure to infected food or household items that are contaminated with feces or urine of Lasa virus infected Mastomys rats. This condition can mainly be seen in area...

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Sonata Software invests in Retail10x to extend digital transformations

Sonata Software has reportedly invested in Retail10X, a California-based retail AI SaaS platform company. Sonata Software has concentrated on being a Digital Transformation Partner of choice for clients in manufacturing, retail, distribution, and tra...

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Shopmatic & Octopus merge to offer PoS services in the Asia Pacific

Shopmatic Pte. Ltd has acquired a controlling stake in Octopus, a retail point-of-sale device provider, reported a top company executive. Anurag Avula, Chief Executive Officer of Shopmatic said in a statement that the company has attained a 50.1% sta...

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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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Amazon invests Rs 240-crore in Indian food and grocery unit

The Indian government has made it clear that FDI in the food retail sector will not get stalled by the modified FDI guidelines specifically for the ecommerce marketplaces. Amazon, the Seattle-based American multinational tech-giant, has reportedly i...

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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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Tata Group keen on combining its chemicals and beverages businesses

In a move to strengthen its footprint in the consumer business, the Indian multinational conglomerate Tata Group is reportedly on the verge of merging its chemicals and beverages businesses, Tata Chemicals Limited (TCL) and Tata Global Beverages Ltd....

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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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Sears to launch smaller stores than its regular outlets for home goods

Sears will also expand its DieHard automotive brand into new categories, including garden and lawn equipment, to put in the Home & Life shops. The US-based retailer Sears, which barely survived bankruptcy and closed hundreds of stores, has ...

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Walmart unveils next-day delivery service to compete with Amazon

Walmart has not yet disclosed the expense of its latest delivery move. The American multinational retailer Walmart has reportedly announced to offer next day delivery option to shoppers. The move comes following the announcement by Amazon to invest ...

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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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Zoho unveils e-commerce platform to help retailers build online stores

Zoho Corp, an Indian software development company, has reportedly confirmed the launch of Zoho Commerce, an e-commerce platform that will enable small retailers to develop their own e-commerce sites. From the past year the company had been running a...

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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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Cube Chain launches Test-net that enables high TPS and fast searches

Innovative blockchain ecosystem Cube Chain has reportedly launched Test-net, a new platform that will permit high transaction per second (TPS) and fast searches when using blockchain. The new technology will also renovate the use of blockchain since ...

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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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Walmart partners with Kidbox for its first apparel subscription box

Walmart has recently announced that it is launching its first subscription business for apparel and it would be solely for kids. The company has teamed up with Kidbox, a subscription-box company like StitchFix but focused exclusively on selling cloth...

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Kohl’s expresses interest in the acquisition of At Home décor chain

At Home has been exploring a sale, for the last 3 months and has already advanced in a deal negotiation with private equity firms, including Hellman and Friedman. The largest U.S. department store chain operator Kohl’s has recently approached ...

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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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E-grocery start-up HappyFresh secures up to US$20M in Series C funding

The Jakarta-based online grocery delivery start-up, HappyFresh, has made it to the front page for raising around USD 20 million in its latest Series C financing round. Reportedly, the fresh influx of capital will be used by the company for its expans...

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FDA and IBT seemingly in agreement on Phase III study design

The US Food and Drug Administration (FDA) has reportedly informed Infant Bacterial Therapeutics (IBT) in writing that the company has responded reasonably to its comments pertaining to the Phase III study design and that there are presently no additi...

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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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McDonald’s negotiates end of its exclusive Uber Eats delivery contract

The fast food company, through the renegotiation, is looking to earn more profits for its franchisees ahead of Uber’s IPO.   The move could potentially allow other firms like Grubhub or DoorDash to make deliveries for the fast food gia...

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Xiaomi eyes offline expansion in India through 10,000 retail stores

Chinese tech giant Xiaomi is reportedly aiming to open 10,000 retail stores in India and anticipates the offline sales to account for 50 percent of its business by the end of this year. As per trusted sources, Xiaomi which had launched itself in Ind...

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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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FamilyMart to end Chinese joint venture partnership with Ting Hsin

Ting Hsin operates overs 2,500 FamilyMart stores in China, sharing revenues and paying royalties to the Japanese firm. Japan-based convenience store operator, FamilyMart Co., Ltd. has recently revealed plans to end its 15-year joint venture (JV...

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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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Novartis’ asthma candidate beats GlaxoSmithKline’s in Phase 2 trial

The clinical study linked Novartis’ QVM149 to significant lung function improvements. If a Phase 3 trial confirms the results, Novartis intends to unveil the product in 2020. Novartis International AG (Novartis), a renowned Swiss multinati...

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FreshToHome to add organic vegetables and fish farms to its portfolio

Reports confirm that FreshToHome, a Bengaluru-based online marketplace for fresh fish and livestock produce, has recently secured $11 million funding and is ready to add mega fish farms and organic vegetables to its portfolio. According to CEO of Fr...

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Glenmark Pharma receives final approval for antiplatelet drug by USFDA

Glenmark Pharmaceuticals, a U.S.-based pharmaceutical company, recently announced that it has received a final approval for antiplatelet agent Aspirin & extended-release Dipyridamole capsules from the U.S. Food and Drug Administration. Reportedly...

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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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Agri-tech startup FreshVnF raises $2 million in seed funding round

VNF Ideas Pvt. Ltd, which runs Agri-tech startup FreshVnF, has collected $2 million in a funding round led by venture capital firm, Equanimity Ventures. GVFL (Gujarat Venture Finance Limited) & Manish Choksi (non- executive vice chairman of Asian...

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Sihuan Pharma wins approval for Phase I to III trial of EGFR inhibitor

Sihuan Pharmaceutical Holdings Group, a leading cardio-cerebral vascular drug maker in prescription drug industry of China, has recently confirmed that the third generation of EGFR inhibitor XZP-5809 has been awarded drug clinical trial approval by t...

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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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Bavarian Nordic unveils key Phase 2 study results for BN-Brachyur

Phase 2 trial was designed with the aim to observe combination of BN-Brachyury and radiation therapy in chordoma patients Bavarian Nordic A/S, a Denmark-based biotechnology company, has recently announced that the Data and Safety Monitoring Board ha...

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Anthem acquires Beacon Health to expand behavioral health services

Anthem Inc, an American health insurance company, has recently announced that it has entered into a definitive agreement to buy Beacon Health Options, the biggest independently held behavioral health organization in the US. Apparently, Beacon is pre...

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FedEx announces termination of Amazon contract for air cargo service

FedEx Corporation, the American multinational courier delivery services company recently announced plans to not renew its contracts with e-commerce giant Amazon for U.S. cargo delivery via FedEx Express, the units that delivers packages via planes, c...

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The Kroger Co. to sell topical CBD-infused products in 17 states

The Ohio-based retail giant The Kroger Co. has reportedly announced the introduction of topical CBD infused products like oils, lotions, balms in 17 states, including Michigan. Sources claim that the products have been tested thoroughly for their qua...

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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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Target Corporation announces expansion of same-day shipping option

Customers will be able to pay with their Target credit cards, which offer them a discount of 5 percent. Target Corporation has reportedly announced that it will start same-day delivery option for its customers. As per trusted sources, the latest mo...

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Silk Road unveils results from ROADSTER-2 study of transcarotid stent

Silk Road Medical, Inc., a medical device company focused on reducing the risk of stroke and its harmful impact, has recently announced positive final results for its ROADSTER-2 post-marketing study which evaluated the real world use of the company&r...

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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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PhaseBio reveals Phase 2a study results for PB2452 in older patients

The new data is consistent with the formally published Phase 1 trial data of younger subjects treated with ticagrelor alone PhaseBio Pharmaceutical Inc., a clinical stage biopharmaceutical company that focuses on developing and commercializing novel...

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Pinterest unveils new partner program to boost shopping experiences

Pinterest has reportedly rebranded its Pinterest Marketing Partners program into the global Pinterest Partner program, as it turns to third parties to introduce shopping experiences onto its platform. Apparently, the aim of this move is to make Pint...

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Shopify introduces AI-powered fulfillment network for SMB partners

Shopify, an e-commerce SaaS provider has reportedly introduced an AI powered fulfillment network for its merchants as the company is working to differentiate its product portfolio from other industry contenders. Seemingly, the fulfillment network wa...

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Suning.com acquires Carrefour China for expanding FMCG operations

Suning.com, one of the largest non-government retailers in China, recently announced that it will buy an equity stake of 80% in Carrefour China, the local division of the biggest retailer in Europe, for 620 million Euros (RMB 4.8 billion). Sunning.co...

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Sam’s Club and Instacart to provide same-day alcohol delivery service

Sam’s Club, a retail warehouse club owned by Walmart, recently announced that it is expanding its services to alcohol delivery, powered by Instacart, a company that provides same-day grocery delivery services. The service would currently be ava...

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Singapore-based Trax to take over California awards app Shopkick

Combining shelf and shopper data will enable new and powerful insights to the FMCG companies and retailers Trax, a computer vision technology startup based in Singapore has reportedly acquired California based- Shopkick. For the record, in 2010, Tr...

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Zealand Pharma carries out Phase 1 clinical trial for SBS treatment

ZP7570 may be regarded as the next gen in the treatment and will help the SBS patients worldwide to understand the full potential of intestinal rehabilitation. The Denmark based- Zealand Pharma, a biotechnology company involved in the discovery and...

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VIVUS, Nordmark revise contract agreement for PANCREAZE development

California-headquartered biopharmaceutical firm VIVUS Inc. has recently announced an amendment to its contract manufacturing and supply agreement of delayed release capsules PANCREAZE® with Nordmark Arzneimittel GmbH & Co. KG. Apparently, th...

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PHC Holdings buys Thermo Fisher’s anatomical pathology division

PHC Holdings Corporation, a global innovator in healthcare solutions, has reportedly concluded its acquisition of Thermo Fisher Scientific Inc.’s Anatomical Pathology business for approx. US$1.14 billion. Apparently, the business of Anatomical...

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U.S. FDA approves Alembic Pharma’s Clonazepam tablets to treat seizure

Alembic Pharmaceuticals, an Indian multinational drug manufacturing company, recently announced that the U.S. Food and Drug administration has granted approval for its orally disintegrating Clonazepam tablets used specifically to treat seizures. Rep...

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Neuralstem announces publication of phase 1 trial results of NSI-566

Subjects were provided immunosuppressive drugs for 28 days after transplantation and were observed for up to 24 months following surgery. The biopharmaceutical company Neuralstem, Inc. has reportedly announced that it has published a manuscript in&n...

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PathogenDx, Zef Scientific partner to offer microbial testing platform

The propriety technology offered by PathogenDx will set a new standard in Canada for testing bacteria PathogenDx, Inc., a technology company that provides testing solutions to food, agriculture and botanical testing markets, recently announced it ha...

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Walmart mulls selling unprofitable Modcloth and Bonobos apparel brands

Walmart Inc., the American multinational retail corporation has reportedly discussed a potential sale of its unprofitable clothing brands Modcloth and Bonobos with buyers. Apparently, in 2017, Walmart had bought a number of clothing brands incl...

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Priority review granted to BeiGene’s Tislelizumab in China by NMPA

BeiGene, Co., Ltd., a commercial-stage biotechnology company recently announced that China NMPA (National Medical Products Administration) has granted priority review status to the sNDA (supplemental new drug application) for an investigational Fc-en...

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Skyhawk Therapeutics expands licensing partnership with Biogen

Skyhawk Therapeutics, Inc. has recently announced the expansion of its partnership with Biogen, which was initially announced on January 4, 2019. The expansion, which leverages on the breadth of SkySTAR™ technology platform from Skyhawk, appar...

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ViiV Healthcare announces positive result in TANGO Phase 3 study

ViiV Healthcare Limited, a pharmaceutical company specializing in HIV treatment, recently announced positive results from Phase 3 TANGO study. The study was conducted to assess viral suppression in adults with HIV1 with a 2 drug regimen of dolutegra...

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MacroGenics, I-Mab team up to develop & market enoblituzumab in China

MacroGenics, Inc. and I-Mab Biopharma, a U.S. and China based clinical-stage biopharmaceutical company that is committed to discover and develop biologics in autoimmune and immune-oncology diseases, have recently announced that they have inked an exc...

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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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NIH and partners to start HIV vaccine trial in Europe and America

A unit of Janssen Pharmaceutical Companies of Johnson & Johnson would be sponsoring the Mosaico trial. A complementary study involving women is also currently under process in southern Africa. The National Institutes of Health (NIH), a biome...

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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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Visa acquires Payworks for an integrated payment acceptance solution

Visa, the financial services company recently announced acquisition of Payworks, the Munich-based makers of payment gateway software for the POS (point of sale). The company plans to integrate cloud-based solution of Payworks into its CyberSource&nbs...

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Aino Health inks deal with 55BirchStreet to expand in German markets

Reports confirm that Sweden’s Aino Health and 55BirchStreet, a Germany-based digital consulting firm, have recently signed a new partnership agreement. 55BitchStreet will sell implementation services and licenses for the health management platf...

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Google gears up to debut shopping platform, plans to take on Amazon

The new shopping platform is reported to welcome the users by their names and show them the tailored suggestions when they log in with the Google account. Google has moved a step forward to introduce to the citizens of US an e-commerce platform that...

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UPS to partner with 3 giant retailers to enter e-commerce space

United Parcel Service has announced its partnership with major retailers for expanding its reach into the e-commerce market. One of America's biggest package delivery and supply chain management company, United Parcel Service (UPS) has recently ...

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EBay launches new shipping service to deliver orders faster & cheaper

Reports confirm that eBay Inc., an American multinational e-commerce corporation, has planned to introduce a service for delivering orders faster and at lower rates, being the latest effort of the company to attract more sellers and shoppers, as...

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PDI expands APAC business with launch of Bangkok Centre of Excellence

PDI (Professional Datasoultions Inc.), a global company that provides leading software solutions to serve the logistics, petroleum wholesale and convenience retail sectors, has recently opened a regional Center of Excellence in Bangkok. PDI aims to e...

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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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American Eagle to sell CBD products by cannabis firm GGB in its stores

The retail giant is set to sell CBD infused products across 500 stores and online by October 2019. Ohio based cannabis company- Green Growth Brands (GGB) has reportedly announced to have bagged a deal with clothing company – American Eagle to ...

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CARMAT unveils interim data on autoregulation from PIVOTAL trial

France-based CARMAT, the developer of the most advanced total artificial heart in the world aimed at offering therapeutic alternatives for end-stage biventricular heart failure patients, has recently released additional interim data from the PIVOTAL ...

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Herbalife Nutrition unveils a new product for athletes’ daily workout

The company launches Herbalife24 Branched-Chain Amino Acids powder to enhance athletes’ routine workout. BCCA’s offer a clean and convenient option for fitness fanatics and bodybuilders. California based Herbalife Nutrition reportedl...

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aBey declares impressive e-commerce-centric blockchain adoption rate

The foundation is celebrating its first year of launch on 30th July 2019. aBey announces excellent user growth on the first anniversary. Lichtenstein based aBey Foundation has recently announced the adoption metrics of the globe’s primary ...

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MediciNova gains approval to present abstract on ALS therapy MN-166

The company CMO, Kazuko Matsuda will present the abstract titled “Interaction (nonuniformity) of ALS Progression and the Efficacy of MN-166 (ibudilast)” at the 30th International Symposium. MediciNova, Inc., a biopharmaceutical organizat...

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CTAS & ADA merge to support diabetic patients in the workplace

The union aims to develop ADA’s mission to cure diabetes and improve the lives of the people affected. The entire cost of diagnosed diabetes in the US is projected to be USD 327 billion, claims the American Diabetes Association. Cincinnati...

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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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Aleafia Health completes biggest order of adult-use cannabis till date

More than 13,000 cannabis plants are currently being cultivated at Port Perry Outdoor Facility, which also includes its newly licensed Zone 2. The latest order exceeds Aleafia Health’s total 2018 revenues from sale of cannabis. Aleafia He...

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Telix Pharmaceuticals & DKFZ partner for image-guided prostate surgery

· Telix would work with DKFZ for required translational research to evaluate technology in surgical settings. · Agreement has a negotiated and exclusive option to license the new technology for commercial-level development. Telix Phar...

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Verona Pharma declares positive Phase 2 data of ensifentrine in COPD

The company announces positive results of ensifentrine for the treatment of chronic obstructive pulmonary disease. Primary and secondary lung function end-points were met successfully in the Phase 2 trial of the dry powder inhaler. United Kingdo...

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Meiji Pharma launches two Santen ophthalmic products in Indonesia

Reports confirm that Meiji Seika Pharma Co., Ltd. (Meiji), a Japanese company, has recently announced the launch of two products from Santen Pharmaceutical Co. (Santen) in Indonesia, which is based on a working business agreement that Meiji commenced...

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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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Moderna doses first patients across four new Phase I clinical studies

Moderna, a biotech company that focuses on discovery and development of drugs and is based in Cambridge, Massachusetts, announced recently that it has initiated four new Phase I clinical trials, two of which are related to infectious diseases and two...

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Astrazenca reveals positive results from Phase III trial of Lynparza

Lynparza is a PARP inhibitor with promising Phase III results in ovarian breast pancreatic and prostate cancers. AstraZeneca plc a biopharmaceutical company and MSD Inc. (also known as Merck & Co. Inc. inside Canada and the U.S.) have recently a...

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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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Amazon plans to open a brick-and-mortar liquor store in San Francisco

The company is looking to launch a liquor shop in San Francisco for various alcoholic beverages.   Application for a liquor license and approval to open the shop in the city have been forwarded. The e-commerce giant Amazon Incorporation ha...

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Mevion & C-RAD integrate for better treatment in proton therapy

C-RAD to offer a specific version of Catalyst System named Catalyst PT in proton therapy. Catalyst PT would be especially used for thoracic tumor indications. Mevion Medical Systems® and C-RAD reportedly announced the combination of the MEVI...

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Rapid Nutrition ties up with Mr. Vitamins for competitive portfolio

The company has established a partnership with Australia’s largest natural health retailer to expand its distribution network. United Kingdom based Rapid Nutrition PLC has reportedly announced to have signed a partnership agreement with Austra...

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Bio-Thera Solutions commences Phase 1 study for Simponi® biosimilar

Bio-Thera Solutions, a China based pharmaceutical company, has reportedly announced the start of dosing of its first batch of healthy volunteers in order to compare the safety and pharmacokinetics of BAT2506, proposed as a biosimilar of Simponi (goli...

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FDA approves Rozlytrek™ for cancer patients with ROS1-positive & NTRK

FDA approves Rozlytrek™ for cancer patients with ROS1-positive & NTRK Rozlytrek™ will be Roche’s first FDA approved medicine that targets genetically mutilated cancer as well as both ROS1 and NTRK fusions. Roche Holding AG, a...

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Lidl orders suppliers to pay duties on goods crossing Brexit borders

The company has asked the British suppliers to pay any import tariffs levied on goods crossing borders after Brexit. The current company contract comprises a DDP clause. Tariffs on food and milk are expected to be high. Lidl’s Irish busin...

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Target launches flagship food label with more than 2000 products

US based retailer Target has reportedly announced the launch of its new private grocery brand, Good & Gather. Starting next month, Target stores across the United States will stock the first 650 Good & Gather products which will include item...

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Biogen & Invitae introduce SMA STAT test for faster genetic testing

Global biotechnology expert Biogen Inc. and advanced genetics leader Invitae Corporation have reportedly announced their new rapid-turnaround test for genetic testing in the diagnosis for SMA (spinal muscular atrophy). The SMA STAT test is a part of...

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Outlook Therapeutics finishes patient registration for NORSE 1 trial

NORSE 1 has registered a sum of 61 patients from nine different sites in Australia.   This study is first of the two current, well controlled and adequate Phase 3 clinical trials examining ONS-5010 for wet AMD. Outlook Therapeutics Inc., a...

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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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Altaire’s veterinary ophthalmic products recalled due to QA concerns

Altaire Pharmaceuticals recalls specific product/lots of ophthalmic drugs created for Dechra Veterinary Products, due to sterility concerns.   No adverse effects have been reported yet.   The recall has been carried out in compliance ...

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Disney partners with Target to open new retail stores in the U.S.

The tie-up would also witness Target opening a small retail store near the Walt Disney World Resort by 2021. Target Corp., one of the largest retailer in the U.S., has recently announced plans to open dozens of permanent Disney stores wit...

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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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Enrollment concluded early in PCS-499 clinical trial for NL treatment

Clinical stage biopharmaceutical firm Processa Pharmaceuticals Inc today announced the last patient to be enrolled in the Necrobiosis Lipoidica (NL) clinical study for PCS-499. The conclusion of enrollment signifies an important milestone in the dev...

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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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Hudsons Bay announces selling Lord & Taylor to Le Tote for USD 100 mn

The business retail group is claimed to be paid CAD 99.5 million cash once the deal concludes and a confirmatory note of CAD 33.2 million cash after 2 years. The acquisition will allow Le Tote to operate Lord & Taylor’s 38 stores along w...

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Immunicum AB reveals positive Phase II MERECA clinical trial data

Satisfactory safety profile and the positive number of complete responses by the trials firmly justify the prolonged clinical advancement of ilixadencel as an immune primer in solid tumors. Immunicum AB (publ), a Swedish biopharmaceutical company, h...

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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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Vertex acquires Semma Therapeutics for $950M to develop diabetes cure

The acquisition for $950 million has been an all-cash deal.   The strategic acquisition is expected to align itself perfectly with Vertex’s aim to create revolutionary medicines. Vertex Pharmaceuticals, a biopharmaceutical company ba...

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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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Lung Ambition Alliance reveals plans to double lung cancer survival

New program will be launched to help local initiatives run by patient organizations that contain the capability to further transform patient care.   The Lung Ambition Alliance has built an interactive booth where applicants will understand i...

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4BIO Capital intends to take gene and cell therapies mainstream

The venture capitalist firm has secured an investment of $50 million and is expecting to gather an investment of up to $150 million till 2020. 4BIO Capital, a London-based firm investing in Public Equities in Life Sciences and Venture Capital, has m...

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Amazon gears up for Diwali sale, expands next-day delivery service

The firm has increased its overall reach for large appliances to 14,000 pin codes and next-day delivery facilities to over 650 cities. Amazon.in, the Indian division of the e-commerce giant Amazon.com, Inc., has reportedly expanded its delivery capa...

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Walmart to roll out Delivery Unlimited grocery service across U.S.

Walmart, the retail giant, recently announced that it is rolling out a new Delivery Unlimited grocery service in 1,400 Walmart stores across U.S. Reportedly, the subscription membership will charge an annual fee of USD $98 for subscribers to access u...

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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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Flipkart extents delivery reach by 80% to cover more pincodes in India

The e-commerce site has managed to grow its reach to an estimate of 19,200 PIN codes from its prior 10,660 last year for the delivery of huge appliances.   The company has also raised its delivery capacity by 14 times in 2019. Flipkart, a ...

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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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Poxel commences its Phase 1b trial for NASH drug candidate, PXL065

Nonalcoholic steatohepatitis (NASH) is liver inflammation caused by the buildup of fat in the liver mostly with people who drink little or no alcohol. With growing cases of NASH prevailing worldwide, pharmaceutical companies are now focusing on devel...

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Poxel releases detailed Imeglimin Phase 3 results from TIMES 1 program

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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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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Exact Sciences Cologuard® test gets label expansion approval from FDA

Colorectal cancer cases are increasingly growing across the world, however it is one of those cancers which can be treated if diagnosed at early stages. Various pharmaceutical and medical firms in the world are continuously working to find effective ...

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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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Treos Bio updates results of phase 1/2 trial of its cancer vaccine

Vaccine-specific T cell responses were initially anticipated by PEPI test (via the complete HLA genotype of patient). Treos Bio Ltd. has reportedly updated positive outcomes on the second segment of phase 1/2 trial (OBERTO) along with PolyPEPI1018 ...

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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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HMS invests $7.5Mn in digital medication management firm MedAdvisor

Medication adherence or taking medications correctly and on time is one of the most important parts of any treatment. This also includes refilling prescriptions, making medication management a vital part of the pharmaceutical industry. In fact, its i...

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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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Bavarian Nordic begins Phase 1 clinical trial of MVA-BN® WEV vaccine

The trial will reportedly examine the safety, tolerability and immunogenicity of MVA-BN WEV The U.S. is currently facing the worst outbreak of the Eastern equine encephalitis virus (EEEV). Over 30 cases were reported in 2019, which included 9 fatal...

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ProQR reveals positive results from Phase 1/2 trial of Sepofarsen

Leber congenital amaurosis (LCA) is a very rare eye condition that can be seen in newborn babies. Currently, the disease doesn’t have a permanent therapy, however, many pharma companies are now making some advancements to treat this diseas...

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Shionogi launches severe thrombocytopenia treatment drug Mulpleo®

Chronic liver disease is a critical healthcare issue in the UK, with number of deaths recorded to go up by 400% since 1970. Currently, transfusion of platelets appears to be the only treatment option available to manage platelet counts, however, phar...

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Innovation Pharmaceuticals eyes Phase 2 trial for Ulcerative Colitis

Phase 2 study trial will analyze the safety and efficacy of oral Brilacidin in active ulcerative colitis across 6 weeks. Brilacidin is being introduced in the form of pill as a non-corticosteroid and non-biologic drug. Innovation Pharmaceuticals...

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EDCTP to grant 21.9 million euros to PAMAfrica research consortium

  EDCTP has granted the PAMAfrica research consortium 21.9 million euros over a 5 year period while the other International research partners like MMV, Novartis, and others would contribute 22 million euros. Project would include development...

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Biohaven’s migraine drug NURTEC™ ODT receives FDA approval

A clinical-stage biopharmaceutical company, Biohaven Pharmaceutical Holding Company Ltd. recently announced that the FDA has approved NURTEC™ ODT, which has been developed for the acute treatment of migraine in adults. The drug is the firs...

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UNMC commences clinical trial of remdesivir for treating COVID-19

A controlled, randomized clinical trial to evaluate the efficacy and safety of the investigational antiviral, remdesivir, in COVID-19 patients has reportedly commenced at the University of Nebraska Medical Center (UNMC) in Omaha. According to source...

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ReNeuron shares positive data from Phase 1/2a hRPC stem cell study

ReNeuron Group plc, a UK based pharmaceutical firm that specializes in cell-based therapeutics, has recently announced encouraging long-term data from its Phase 1/2a clinical study of hRPC stem cell therapy in RP (retinitis pigmentosa). Currently, R...

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U.S. to pour $2.5 billion to fight potential coronavirus pandemic

As the coronavirus epidemic continues to scale its way towards the West, several prominent countries across the world have started to develop novel drug solutions for fighting this disease. South Korea recently announced that it is planning to test o...

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Recardio announces conclusion of interim analysis of Phase 2 in AMI

  The study of combination of dutogliptin and filgrastim involved approximately 120 patient enrollments. The company expects the trial completion by year end. Treatment trials across various pharmaceutical companies are on the go lately. S...

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U.S. FDA gives nod to Inovio to start Phase ½ trial for INO-3107

Inovio Pharmaceuticals, Inc. has received green signal from the U.S. FDA to assess its Phase ½ trial for DNA medicine INO-3107 aimed at treating RRP (Recurrent Respiratory Papillomatosis). For the uninitiated, a rare disease inflicted by the H...

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Apple delays reopening Chinese stores following coronavirus outbreak

Technology companies worldwide are being impacted by the coronavirus outbreak currently prevailing in China. Reportedly, U.S. tech giant, Apple Inc. has recently announced extending the shutdown of its retail stores in China. Apple had earlier said ...

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Moderna enrolls Phase 2 trial to test mRNA-1647 immunogenicity & safety

Moderna, Inc., a biotechnology company pioneering in drug discovery and development based on mRNA, has recently announced the enrollment of the Phase 2 dose-confirmation study. The data for the clinical study of mRNA vaccine against CMV (cytomegalovi...

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Fluent Commerce and BORN Group enter into a global partnership deal

BORN Group, a prominent digital agency that focuses on enterprise commerce and experience management solutions, has recently signed a global partnership deal with cloud-native distributed order management platform, Fluent Commerce. By delivering rea...

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Grab acquires Bento Invest to offer retail wealth management services

Ridesharing firm, Grab has reportedly acquired Singapore-based robo-advisory firm, Bento Invest to enter into the retail wealth management sphere. This acquisition will enable Grab to offer retail investment and wealth management solutions to its eco...

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MEDISCA issues U.S. Patent 10,420,705 for planetary mixers adapter

MEDISCA Inc., a global leader in the pharmaceutical compounding industry, has recently announced the issuance of U.S. Patent 10,420,705 for an adapter used in planetary mixers. This adapter caters to customers who seek homogeneity and faster mixing t...

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Linx set to acquire PinPag to bolster its cross selling strategy

Acquisitions and collaborations have become commonplace across industries worldwide. So is the case with a Brazilian retail software expert, Linx. The company is all set to take over PinPag, a specialist in products and services for modes of payment ...

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Mesoblast submits BLA to get Ryoncil™ FDA-approved for treating SRaGVHD

Mesoblast Limited has recently announced the submission of the completed BLA (Biologics License Application) to the U.S. FDA (Food and Drug Administration) for Ryoncil™. Mesoblast is an Australian regenerative medicine company that develops cel...

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Pulse Biosciences to present data on NPS technology for treating nBCC

Pulse Biosciences Inc., a bioelectric medicine company, has reportedly announced that it will be presenting its scientific study assessing the clinical and histologic response of NPS™(Nano-Pulse Stimulation™) technology in treating critic...

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Just Eat nabs deal with McDonald’s for home delivery services

American fast-food company, McDonald’s Corporation (MCD) has reportedly partnered with online food ordering and delivery company Just Eat plc to deliver McMuffins and Big Macs across the United Kingdom and Ireland. Reportedly, Just Eat beat ri...

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Epizyme gets FDA approval for TAZVERIK™ to treat epithelioid sarcoma

Epizyme, Inc., a renowned biopharmaceutical company developing new epigenetic therapies, has reportedly announced that the United States Food and Drug Administration has granted the accelerated approval of the company’s drug candidate, TAZVERIK...

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Eli Lilly and Company to build a manufacturing unit in North Carolina

Global pharmaceutical firm, Eli Lilly and Company has recently revealed plans to create over 460 new jobs by investing nearly $470 million in Durham, North Carolina. Reportedly, the project would introduce a brand new state-of-the-art pharmaceutical ...

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PayPal and UnionPay partner to expand their global consumer base

Digital payment applications have simplified cashless transactions by offering payment options in both offline and online mode. Within a short span of time, the digital payment industry has seen significant growth, with various prominent players cons...

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Amazon to open new fulfillment center with 500 jobs in Coweta County

Brian Kemp, the 83rd Governor of Georgia, has recently announced that Amazon will be launching a new fulfillment center in Newman, adding 500 full-time jobs at the new facility in Coweta County. Employees in the facility will pick, pack, and ship var...

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Amazon puts an end to FedEx Ground ban for third-party Prime shipments

Amazon, a leading company in the e-Commerce sector, has recently decided to lift its shipping ban on FedEx Ground deliveries for third-party Prime deliveries. Under the new agreement, third-party sellers will have access to FedEx services for faster ...

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Payless emerges from Chapter 11 bankruptcy to reopen U.S. stores

Payless ShoeSource has emerged from Chapter 11 bankruptcy for the second time and is planning a comeback after the closure of Brookville distribution center and retail stores in 2019. The company is currently focusing to expand in the international m...

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Samsung to unveil retail innovations to enhance in-store experiences

Samsung Electronics America, Inc. is reportedly set to highlight several innovations for brick-and-mortar retailers to reinvent and upgrade customers’ in-store experience at the 2020 NRF (Retail’s Big Show). The company is driven by its l...

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Intel partners with AREA15 to make new strides in the retail sector

To thrive in this digital age, reinvention has become a vital aspect for the retail industry. The quest to draw new customers has encouraged retailers to come up with unique and engaging shopping ideas. To further this cause, Intel has reportedly ann...

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Teledentistry pioneer, Smile Direct Club plans to expand in Hong Kong

SmileDirectClub, a pioneer in teledentistry recently announced plans to expand in Asia, by acquainting Hongkongers with doctor-directed remote clear aligner therapy. The company has introduced an affordable and convenient tooth straightenin...

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Amazon & Future Retail join hands in agreement for business expansion

  The retail giant has entered into a long-term business agreement with Future Retail to strengthen the latter’s footprint in one of the key overseas markets. Under the agreement, Amazon India would emerge out as a sole authorized onl...

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BBVA partners with El Celler de Can Roca to launch products on Amazon

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), a Spanish financial service company, has recently announced its partnership with restaurant chain El Celler de Can Roca to launch the sale of variety of products on Amazon.  In par with its commitme...

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Chembio announces update on the FDA submission of DDP HIV-syphilis

  The developer and marketer of rapid diagnostic tests anticipates the FDA approval of its micro reader and multiplex test in the first quarter of 2020. DPP HIV-Syphilis system developed by the company providers the detection of antibodies t...

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Patient screening of Innovation Pharmaceuticals’ phase 1 trial in Jan

Innovation pharmaceuticals is gearing for the roll out of patient screening for phase 1 trial in January that will apparently examine the significance of delayed release tablets for oral Brilacidin’s colonic delivery in healthy volunteers which...

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FDA approves AVITA Medical’s IDE application to assess RECELL system

AVITA Medical Limited, a regenerative medicine firm addressing unmet medical needs in therapeutic skin restoration, has reportedly announced that its IDE (Investigational Device Exemption) application to carry out a feasibility study assessing the ef...

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Allergan receives approval for its migraine drug Ubrelvy from FDA

Allergan, a renowned multinational biopharmaceutical company, has been awarded approval for its oral CGRP (calcitonin gene-related peptide) medicine for the treatment of migraines. The field of CGRP migraine prevention already contains three medicine...

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FDA authorizes Allergan’s oral medication Ubrelvy to treat migraine

FDA authorizes Allergan’s oral medication Ubrelvy to treat migraine Allergan, a renowned Irish pharmaceutical company involved in acquisition, development and marketing of brand-name medications, reportedly announced the FDA approval for Ubrel...

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MODAG starts first-in-human Phase 1 clinical trial for Anle138b

MODAG has announced the start of clinical trial and recruitment for a first-in-human Phase 1 study of Anle 138b in healthy volunteers. Reportedly, the compound is being fostered for the Multiple System Atrophy (MSA)’s treatment with the capabil...

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Allied Wallet brings 1,000 live merchants onboard in Thailand

Allied Wallet, a globally leading provider of payment gateway solutions, has reportedly announced to have brought over 1,000 live merchants onboard its platform in Thailand after opening a new office in Bangkok to support the growing demand for e-com...

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Amazon and FedEx feud to impact third-party sellers this Christmas

E-commerce giant Amazon Inc. has reportedly blocked third-party sellers from using FedEx’s ground delivery network, marking the latest escalation in the two firm’s rivalry. According to a FedEx representative, this move is likely to ...

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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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Asset manager Investcorp leads Bewakoof’s $11.2Mn funding round

India’s online fashion and lifestyle industry has seen tremendous growth in the past few years. Since being introduced, people are increasingly making purchases on such platforms, which is in turn opening new opportunities for fashion businesse...

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Indian social commerce startup Mall91 raises $7.5M in Series A round

Mall91 reportedly plans on using the acquired funds for product development, boosting hiring and driving supply chain efforts, and realizing its global expansion ambitions. The startup, which currently operates in over 2000 cities in India, manag...

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Principia Biopharma reveals data from Phase 1/2 trial targeting ITP

Immune thrombocytopenia (ITP) is a type of blood abnormality that creates a shortage of blood cell fragments known as platelets required for normal blood clotting. While children with ITP get cured without treatment, adults on the other hand are...

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Exicure reveals positive data from XCUR17 clinical trial for Psoriasis

Clinical trials play a vital role in developing new treatments that could immensely improve a person’s living. Today, researchers and pharmaceutical company are working hard for making breakthroughs in psoriasis treatments. Exicure Inc. is one...

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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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Genentech IMbrave150 study meets coprimary endpoints for HCC treatment

With growing occurrence of liver cancer cases across the globe, the need to find a solution to the ailment is rising steadily among global biotechnology and pharmaceutical firms. Various clinical trials and studies are increasingly being conducted to...

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Nature Tech Corp partners with Aldevron for gene therapy manufacturing

The global cell and gene therapy sector is expected to witness a thriving period of growth over the forthcoming years. In fact, owing to the favorable growth conditions across the industry, numerous biotechnology and pharmaceutical firms in the field...

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Best Buy to offer free next-day delivery feature on various products

Online retailers are always launching new and attractive deals during the holiday season, as it grosses the highest sale time for the year. Several retailer rollout out attractive offers, such as discounts or complimentary gifts to boost sales. ...

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Amazon users may experience delays as items run out of stock

As consumers are increasingly inclining towards online shopping during the present coronavirus pandemic, U.S. e-commerce giant, Amazon.com, Inc., has warned users that they may experience some delays in product delivery as products go out of stock. ...

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Flu drug ‘favipiravir’ hailed as effective for treating COVID-19

Medical authorities in China have reportedly announced the effectiveness of a drug called favipiravir in treating COVID-19 disease. The drug has originally been adopted for the treatment of new strains of influenza in Japan. According to reliable sou...

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Bright Machines offers free automation service to develop medical devices

As the world comes together to fight against the deadly COVID-19 virus, more and more organizations are pledging their support to find a treatment for this novel disease. Recently, Bright Machines, a smart manufacturing firm, made a similar move when...

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American Furniture Warehouse to offer engaging digital receipts

American Furniture Warehouse, one of the leading furniture retail firms in the U.S, has reportedly selected flexEngage, a prominent player in personalized transactional communications, for offering dynamic digital receipts to all American furniture i...

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Flipkart to re-open its online portal to deliver essential products

Flipkart, a renowned Indian e-commerce company, reportedly announced that it would be re-starting its online portal to deliver essential commodities across India. The company had closed down all its operations on Wednesday following the announcement ...

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Inzomelid declares positive CAPS treatment results, completes Phase I

Inflammasome biotech company Inflazome has reportedly announced the successful completion of Inzomelid’s Phase I clinical study. In addition, the firm has also declared that it has observed positive results from a CAPS (Cryopyrin-Associated Per...

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TikTok to donate 4 Lakh safety suits to Indian healthcare workers

Amidst lowering availability of medical equipment and safety gear in India during the current COVID-19 crisis, Chinese video-sharing company, TikTok has made a generous gesture by announcing that it will donate about 4 lakh protective hazmat sui...

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Kroger requests officials to strengthen safety standards for workers

Kroger is requesting government authorities to recognize its employees as "emergency personnel" or "extended first responders" Kroger is one of the largest grocery stores in America with over 2800 stores and 460,000 employees. ...

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AskBio acquires BrainVectis to expand its gene therapy portfolio

Asklepios BioPharmaceutical, Inc. (AskBio), a prominent U.S.-based clinical-stage AAV gene therapy firm, has recently announced that it has acquired BrainVectis, a Paris-based gene therapy firm renowned for its work in neurodegenerative disorders, es...

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Shopify launches ‘Shop’ mobile app to compete with retail firm Amazon

Canadian e-commerce giant Shopify is all set to compete with Amazon with the launch of a new shopping app named ‘Shop’ that connects consumers with local businesses. Similar to Amazon, Shop consists of an extensive range of services and o...

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RRH, URMC to initiate clinical trial on a new COVID-19 vaccine

Amidst the ongoing pandemic, several medical institutes and pharma companies are diligently working on developing an antidote for the novel coronavirus. American multinational pharma company, Pfizer and its German business partner BioNTech recently m...

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UK investing in 3 clinical trials to find a cure against COVID-19

While numerous countries are currently working to find a cure for the COVID-19 outbreak, no drug trial has been able to clinically prove that it can treat the coronavirus yet. To further help this global mission of finding a cure, the UK Government h...

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University of Alberta’s cancer treatment advances to human trial

The treatment would be tested on stage four cancer patients who have not shown response to currently available treatments. University of Alberta has reportedly taken a pioneering step towards developing a treatment for cancer as it announces commenc...

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CapStone Holdings confirms acquisition of $50M stake in Curaleaf

CapStone Holdings, an investment and business incubator group, recently announced that it has invested about $50 million for a stake in a provider of medical as well as adult-use cannabis products across the U.S., Curaleaf. For the record, CapStone ...

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Massachusetts earmarks $56m to tackle food insecurity amid COVID-19

In a bid to propel the food supply chain amid COVID-19 fallout, the Baker-Polito administration has announced that state will be infusing $56m to counter food insecurities concerns in Massachusetts. Gov. Charlie Baker and Lt. Gov. Karyn Polito were ...

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Veeva Systems unveils new app MyVeeva for clinical research sites

Veeva Systems, a renowned leader in cloud-based software for the global life sciences industry, has reportedly unveiled a new application for clinical research sites. With competencies for patient adherence, eSource, eConsent, ePRO, virtual visits as...

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J.C Penney announces plans to reopen 153 stores amid a pandemic

While American department store chain J.C. Penney Company, Inc., may have got extra time with Chapter 11 bankruptcy filing, a countdown is still looming on the company’s scheduled exit from bankruptcy in November. J.C. Penney was in headlines ...

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EMA accepts marketing authorization application for Roxadustat

Japanese pharmaceutical multinational major Astellas Pharma Inc., has announced that the marketing authorization application for anti-anemic drug Roxadustat has been accepted by the European Medicines Agency. The announcement has reportedly been made...

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Poxel announces preclinical outcomes on PXL770 for NASH Combinations

Poxel SA, the France-based dynamic biopharmaceutical firm developing advanced drugs for metabolic diseases, has reportedly announced the preclinical outcomes for PXL770, the main molecule in its AMPK (adenosine monophosphate-activated protein kinase)...

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BPCL launches WhatsApp initiative to facilitate domestic gas booking

BPCL has launched a domestic gas booking facility through WhatsApp   “Bharat Gas” cylinders can be booked through a Smartline number provided by the company India’s oil marketing major Bharat Petroleum Corporation Limited...

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WHO halts Hydroxychloroquine clinical trial over safety concerns

The malaria drug Hydroxychloroquine has been in the headlines for the past few months. The drug was hailed as the game-changer in the treatment of COVID-19 by the Trump administration. However, the WHO (World Health Organization) has reportedly halte...

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Gilead’s Remdesivir improves clinical outcomes in COVID-19 patients

The novel coronavirus outbreak, which led to the on-going COVID-19 pandemic, has affected over five million people and taken the lives of over 300 thousand worldwide. But unfortunately, researchers have not been able to find treatment for this highly...

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Greenphire introduces new budget tool to streamline clinical trails

Greenphire Inc, one of the world’s leading companies in financial lifecycle management for clinical trials, has reportedly launched a new budget development solution named EnvisiX to address the budgeting challenges experienced by CROs and glob...

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Huawei launches advertising campaign in UK amid security review

Chinese telecom major Huawei Technologies has reportedly announced the launch of internet campaign and a newspaper to mark two decades of its successful business in the United Kingdom. The company has also expressed its commitment to providing the be...

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MindMed to treat cluster headaches using LSD, announces phase 2 trials

The LSD based drug will be used to treat chronic cluster headaches occurring on one side of the head or over the eye. These trials will be conducted in collaboration with Liechti Lab, University of Basil. Phase 1 trials for the drug are already un...

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China successfully launches the Haiyang-1D satellite into orbit

Haiyang-1D is the 6th satellite in the Haiyang series for Ocean observation satellites and was developed by the Chinese Academy of Space technology (CAST). This is the first successful launch for China since January. The notification of successful...

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Super Retail raises USD 203 million to strengthen online capabilities

Super Retail Group Limited, the Australian company which owns and operates a portfolio of retail brands across Australia, has reportedly raised USD 203 million to strengthen its online capabilities and accelerate growth after the COVID-19 crisis. So...

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Emergency use authorization of Hydroxychloroquine revoked by U.S. FDA

The malaria drug Hydroxychloroquine has been in the headline for the past few months. The drug was hailed as the game-changer in the treatment of COVID-19 by U.S. President Donald Trump. However, the U.S.FDA (Food and Drug Administration) has reporte...

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2020 On-site introduces new solutions for delayed clinical trials

The COVID-19 pandemic has significantly impacted the existing ecosystem of clinical trials as a whole. Except for COVID-19, most of the on-going or new clinical studies have essentially delayed or stopped in several countries across the world. In a ...

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Celltrion receives positive opinion for Remsima® SC from CHMP

Celltrion Healthcare, one of the leading biopharmaceutical companies headquartered in Incheon, South Korea, has reportedly announced that CHMP (the Committee Medicinal Products for Human Use) has recommended the company to expand the marketing author...

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Seattle Genetics reveals positive data from tisotumab vedotin trial

Seattle Genetics, Inc., a renowned biotechnology firm that focuses on developing antibody-based cancer treatments, has recently revealed positive topline data from its Phase 2 clinical trial (innovaTV 204) assessing tisotumab vedotin for the treatmen...

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Potential COVID-19 vaccine by Bharat Biotech to enter clinical trials

Bharat Biotech International, a leading Indian biotechnology company, has reportedly announced that its potential coronavirus vaccine, Covaxin, has received Drug Controller General of India (DCGI) approval to start human trials. The Indian drug regu...

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