Life Sciences
The Singapore National Eye Center and the Singapore Eye Research Institute along with Johnson & Johnson Vision have reportedly formed a research collaboration worth $26.35 million to tackle myopia. As per credible sources, half of the world’s population is projected to be myopic by 2050, …
Life Sciences
Indian pharmaceutical giant Cipla has confirmed that it has been granted the final approval by the United States Food and Drug Administration (USFDA) for its Valganciclovir tablets which are used in treating viral eye infections in AIDS patients. According to Cipla, the drug is used …
Technology
AGC Networks Pte. Ltd., the wholly owned Singapore subsidiary of AGC Networks Ltd., and Black Box Corporation have reportedly announced the signing of a definitive merger agreement. Under this deal, AGC Singapore would be acquiring Black Box’s all outstanding shares at $1.08 per share in …
Consumer Goods
Apple and Amazon have reportedly struck deal in which Apple will start selling its iPad, iPhone and Apple Watch directly on the website of Amazon in India and other key international markets. The e-commerce giant will further delist Beats and Apple products that are sold by …
Manufacturing & Construction
Indian manufacturing firm English Indian Clays Limited (EICL) is reportedly in discussions with the Ahmedabad-based agriculture and metal commodities trader Riddhi Siddhi Gluco Biols Limited to sell its industrial starch production business. Sources familiar with the development claim that the talks are in advanced stages …
Food & Beverages
Starbucks Corporation is reportedly planning to increase its Japanese store count by about 20 percent to 1,700 till the end of 2021. As per trusted sources, the world’s biggest coffee shop chain would also add services like delivery and mobile payments at its stores to …
Technology
Ericsson, Telia, and Einride are reportedly working to put 5G into motion at the DB Schenker facility in Jönköping, Sweden. The companies aim to power an autonomous, all-electric transport ecosystem which will take fleet management to next level. Einride’s T-pod, a self-driving vehicle is apparently …
Consumer Goods
Instacart, a renowned American company that provides one-day grocery delivery services, has reportedly announced that it is now offering a grocery pickup option under which customers can pick up groceries from the store after placing their orders. Reports cite, the San Francisco-based company has been …
Technology
Air Products has confirmed that it has signed an agreement to acquire the gasification business of General Electric Co., along with its nearly 50 employees and over 1,000 gasification technology patents. The Trexlertown, Pennsylvania based company did not disclose any financial terms regarding the deal …