Excelerate Energy, a US-based liquefied natural gas (LNG) company, has delivered its floating storage and regasification unit (FSRU), the Exemplar, to Gasgrid Finland Oy, a Finnish state-owned natural gas transmission system operator. The FSRU Exemplar loaded with a partial cargo of LNG will serve as the initial commissioning cargo for the terminal. The FSRU Exemplar […]
Link Asset Management, a Hong Kong-based real estate investor and asset manager, will acquire a couple of suburban retail assets in Singapore from Mercatus Co-operative for S$2.16 billion ($1.6 billion), to mark its entry into the country. The acquisition is anticipated to help Link Asset Management strengthen its presence in Singapore and build in-market expertise, […]
Security Properties, a real estate investment firm, has acquired Brightleaf at Lakeline, a multifamily property in Austin, Texas, in an off-market deal, to increase its footprint in the Austin market. With this acquisition, Security Properties owns 112 assets tallying around 23,000 units across its portfolio, including one other 204-unit in Austin. Completed in 2022 on […]
Everest Medicines, a China-based biopharmaceutical company, has commenced operations at its mRNA vaccine production plant in Jiashan, Zhejiang Province, thereby becoming a fully-integrated biopharma. With the first phase going live, Everest Medicines now owns complete pharmaceutical and vaccine value chain from discovery, clinical development, manufacturing, and commercialization. The first phase of the vaccine manufacturing facility […]
2nd STREET USA, an arm of Japan-based GEO Holdings, will shortly open a new location in Frisco, Dallas, Texas, marking the company’s twentieth store in the US. The second hand clothing retailer will open the store on 7 January 2023 and will carry a total of approximately 15,000 items for reuse, including men’s and women’s […]
ACWA Power has entered into power purchase agreements (PPAs) and investment agreements (IAs) pertaining to the 1.5GW Kungrad wind farm with the Republic of Uzbekistan. Under the agreement, the Saudi Arabia-based power and water utility firm will develop the wind farm in the Kungrad district in the Republic of Karakalpakstan as part of the country’s […]
Pensa Systems, a US-based automated retail shelf intelligence provider, has unveiled new retail shelf facings optimization solution for consumer packaged goods (CPG) brands. The new retail shelf facings optimization solution is said to increase brand visibility and sales as well as revenue growth through data-driven facings elasticity analysis. Pensa Systems’ fully automated shelf intelligence solution […]
Kite Pharma, a subsidiary of Gilead Sciences, and Daiichi Sankyo have received approval from the Japanese Ministry of Health, Labour and Welfare (MHLW) for their Yescarta (axicabtagene ciloleucel) for initial treatment of relapsed/refractory large B-cell lymphoma (LBCL). Yescarta, a chimeric antigen receptor (CAR) T-cell therapy, is used only in patients who have not received a […]
Regeneron Pharmaceuticals has secured the approval of the Japanese Ministry of Health, Labor and Welfare (MHLW) to manufacture and market the company’s Libtayo (cemiplimab) for advanced or recurrent cervical cancer. Libtayo is a type of immunotherapy intended for the treatment of patients with advanced or recurrent cervical cancer whose disease progressed after chemotherapy. The approval […]
Superior Plus will acquire Certarus, a North American low carbon energy solutions provider, for CAD 1.05bn ($770 million) including debt. The transaction value constitutes equity value of CAD 853 million ($629 million) and assumption of Certarus’ outstanding senior bank credit and leases valued at CAD 196 million ($144.4 million). Certarus shareholders will own approximately 17% […]