Akthelia Pharmaceuticals gets EU Horizon Grant for IN-ARMOR project

Raghuram Kadari- April 19, 2023 0

Akthelia Pharmaceuticals, a preclinical drug development startup, and the University of Iceland have jointly secured a €6 million EU Horizon Grant for the IN-ARMOR project. ... Read More

FPT Software opens Nanning development center to serve Chinese auto giants

Raghuram Kadari- April 17, 2023 0

Vietnam-based technology and IT services provider FPT Software has opened a new nearshore development center in Nanning, Guangxi Province, China, as part of the company’s ... Read More

EvoEndo gets AGA investment for unsedated transnasal endoscopy platforms

Raghuram Kadari- April 14, 2023 0

EvoEndo has landed an investment from GI Opportunity Fund 1, a new venture capital fund of the American Gastroenterological Association (AGA) for its unsedated transnasal ... Read More

Masdar acquires 50% stake in Big Beau Project from EDF Renewables

Raghuram Kadari- April 14, 2023 0

Masdar, a UAE-based renewable energy company, has acquired a 50% interest in the Big Beau project in California from EDF Renewables North America, in a ... Read More

ImmunoGen to get nearly $175m financing from Pharmakon Advisors

Raghuram Kadari- April 8, 2023 0

ImmunoGen, a US-based biotechnology company, will receive a non-dilutive term loan financing facility for up to $175 million from entities managed by Pharmakon Advisors. The ... Read More

MLM Biologics awarded $1.5m to develop new medical device for wound infection treatment

Raghuram Kadari- April 4, 2023 0

MLM Biologics, a privately held medical device company, has been awarded approximately $1.5 million by the US Army Medical Research and Development Command (USAMRDC). Under ... Read More

Cummins to invest over $1bn across its US engine manufacturing network

Raghuram Kadari- April 3, 2023 0

Cummins, an American engine and alternative power manufacturer, will make an additional investment of over $1bn across its engine manufacturing network in the US. The ... Read More

Horizon Quantum Computing rakes in $18.1m in Series A funding round

Raghuram Kadari- April 1, 2023 0

Singapore-based Horizon Quantum Computing has secured $18.1 million in a Series A funding round, taking the company’s total funding to around $21.3 million. Horizon Quantum ... Read More

Emergent’s Narcan nasal spray receives OTC nod for opioid overdose treatment

Raghuram Kadari- March 30, 2023 0

Emergent BioSolutions’ Narcan nasal spray has secured over-the-counter (OTC) designation from the US Food and Drug Administration (FDA), becoming the first and only prescription strength ... Read More

Wolfspeed and NC A&T to advance silicon carbide devices with new US R&D facility

Raghuram Kadari- March 29, 2023 0

Wolfspeed, a silicon carbide technology provider, and North Carolina Agricultural and Technical (NC A&T) State University, a black land-grant research university, have joined forces to ... Read More