Daily Archives: 25, March 2024

Mubadala Acquires KELIX bio, Expanding Access to Life-Saving Pharmaceuticals in Emerging Markets

(IN BRIEF) DPI, BII, and the EBRD have reached a binding agreement to fully exit their investment in KELIX bio, a pan-African biopharmaceutical platform, through its acquisition by Mubadala Investment Company. Founded in 2020, KELIX bio has rapidly grown to … Read the full press release

Novo Nordisk Acquires Cardior Pharmaceuticals in Billion-Euro Deal, Pioneering RNA Therapies for Heart Diseases

(IN BRIEF) EQT Life Sciences proudly announces Novo Nordisk’s acquisition of Cardior Pharmaceuticals, valuing the biopharmaceutical company at up to EUR 1.025 billion. Based in Hannover, Germany, Cardior specializes in RNA-based therapeutics for cardiovascular diseases, focusing initially on heart failure. … Read the full press release

NIRAS Reports Record Earnings and Steady Growth, Sets Ambitious Goals for Future

(IN BRIEF) NIRAS, a leading consultancy firm, has announced its robust annual results for 2023, boasting record earnings (EBITA) of DKK 167 million and a commendable organic growth rate exceeding 10%. Despite challenging market conditions marked by inflation and global … Read the full press release

Ultomiris Receives FDA Approval as First Long-Acting Treatment for AQP4 Ab+ NMOSD, Redefining Patient Care

(IN BRIEF) Ultomiris (ravulizumab-cwvz) has gained approval from the FDA as the inaugural long-acting C5 complement inhibitor for treating adult patients with anti-aquaporin-4 (AQP4) antibody-positive (Ab+) neuromyelitis optica spectrum disorder (NMOSD). The approval, based on the CHAMPION-NMOSD Phase III trial’s … Read the full press release

Stadler’s FLIRT H2 Sets Guinness World Record for Longest Hydrogen Train Journey

(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release

Wednesday Webinar: The Anatomy of Forgiveness

(IN BRIEF) Against the backdrop of escalating tensions in Israel and Gaza, The Jubilee Centre and Sallux announce an upcoming webinar titled “The Anatomy of Forgiveness” scheduled for March 27th, 2024. Led by Reverend Ian Stackhouse from the Guildford Baptist … Read the full press release

ZF Group Unveils ZF LIFETEC: Rebranding of Passive Safety Systems Division

(IN BRIEF) ZF Group has introduced “ZF LIFETEC” as the new brand identity for its Passive Safety Systems division, reflecting its independent positioning within the ZF Group. With sales of €4.7 billion in 2023, ZF LIFETEC aims to enhance sales … Read the full press release

CBI Northern Ireland Annual Lunch: Business Leaders and Politicians Gather for Economic Discussion

(IN BRIEF) Approximately 400 business leaders and political figures convened at the CBI Northern Ireland Annual Lunch, marking the first such event since the restoration of the Executive. Hosted at Titanic Belfast and sponsored by Spirit AeroSystems and MCS Group, … Read the full press release

Norwegian People’s Aid and Telia Test Portable Mobile Base Stations for Search and Rescue Missions

(IN BRIEF) Norwegian People’s Aid, in collaboration with Telia, is piloting the use of portable mobile base stations to extend cellular coverage in areas lacking network infrastructure. This initiative aims to enhance communication capabilities during critical search and rescue missions, … Read the full press release

Citycon’s Sustainability Strategy Update Drives Green Mobility and Community Engagement in 2023

(IN BRIEF) Citycon Oyj has released its 2023 Sustainability Accounts, showcasing the impact of its revised sustainability strategy. Key achievements include the transformation of centers into transportation hubs emphasizing green mobility, integration of AI technology for enhanced energy efficiency, and … Read the full press release

ZÜBLIN Embarks on €450 Million Lock Replacement Project Amid Ongoing Shipping Operations

(IN BRIEF) ZÜBLIN, a subsidiary of STRABAG, has secured a contract from the Waterway Construction Office Aschaffenburg to replace the lock Kriegenbrunn. The €450 million project, slated to commence in April 2024 and expected to conclude by spring 2032, will … Read the full press release

Fueling Sustainability: Gasum and NLF Collaborate to Advance Biogas in Norway’s Transportation Industry

(IN BRIEF) Gasum, a leading Nordic energy company, and the Norwegian Road Transport Association (NLF) have joined forces to promote the use of biogas as a key component of Norway’s green energy transition. The collaboration aims to raise awareness about … Read the full press release

Yusen Logistics Leases Warehouse Space at CTPark Bucharest for Expansion

(IN BRIEF) CTP, Europe’s largest industrial and logistics properties developer, has secured a five-year lease agreement with Yusen Logistics, a global logistics provider, for 19,000 sqm of warehouse space at CTPark Bucharest in Romania. The strategic location of CTPark Bucharest, … Read the full press release

Aboitiz Solar Partners with AFRY for 172 MWp Solar PV Plant in the Philippines

(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release

Dutch Government Grants Major Funding for Cybersecurity Research Project

(IN BRIEF) The Dutch government has allocated substantial funding to the ‘Challenges in Cyber Security’ project, recognizing the critical need for coordinated scientific research in cybersecurity. Led by Prof. Tanja Lange of TU/e, the project aims to address foundational issues … Read the full press release

Wood Earns Top Spot in Verdantix’s Digital Asset Management Rankings

(IN BRIEF) Independent research firm Verdantix has identified Wood as a leader in digital asset management technology implementation services, based on its innovative approach and tangible benefits delivered to clients in the energy sector. Wood’s digital asset health solution has … Read the full press release

Wienerberger Reports Strong Performance and Strategic Acquisitions in 2023

(IN BRIEF) Despite economic challenges, Wienerberger had a successful business year in 2023, boasting revenues of €4.2 billion and operating EBITDA of €811 million. The company’s resilience is attributed to its robust performance in infrastructure and renovation sectors, along with … Read the full press release

Approval Granted: Ammonia Bunkering Facility Paves the Way for Low-Emission Shipping in Norway

(IN BRIEF) The Norwegian Directorate for Civil Protection has approved the construction of an ammonia bunkering facility at Fjord Base in Florø, Norway, marking a pivotal moment in the push for low-emission shipping fuels. Yara Clean Ammonia, Azane, and Fjord … Read the full press release

Henkel and Adobe Forge New Path in Content Production with Generative AI Pilot

(IN BRIEF) Henkel and Adobe are embarking on an innovative pilot program utilizing generative AI to revolutionize content production. Through Henkel’s Custom Models in Adobe Firefly, teams can efficiently generate personalized, brand-compliant content, enhancing digital marketing campaigns. This partnership signifies … Read the full press release

Airbus Defence and Space to Bolster Cybersecurity Arm with INFODAS Acquisition

(IN BRIEF) Airbus Defence and Space has announced plans to acquire INFODAS, a Cologne-based cybersecurity and IT solutions provider specializing in the public sector, including defense and critical infrastructures. With the transaction awaiting regulatory approvals, Airbus aims to enhance its … Read the full press release

Fisia Italimpianti Diversifies into Oil&Gas with Saudi Arabia Water Treatment Plant Project

(IN BRIEF) Fisia Italimpianti, a subsidiary of the Webuild Group, has initiated the construction phase of a Water Treatment Plant in Saudi Arabia, marking its entry into the Oil&Gas sector. The project, part of the Zuluf onshore oil plant complex, … Read the full press release