Daily Archives: 27, October 2025

DWS Establishes Abu Dhabi Office to Drive Growth and Investment Solutions Across the Middle East

(IN BRIEF) DWS has opened a new regional office in the Abu Dhabi Global Market (ADGM) after receiving a Financial Services Permission from the Financial Services Regulatory Authority, allowing it to operate as a Category 4 regulated firm. With over … Read the full press release

Vossloh Secures €20 Million Contract to Supply Rail Fastening Systems for China’s New Xining–Chengdu High-Speed Line

(IN BRIEF) Vossloh AG has won a major contract worth nearly €20 million through its Chinese subsidiary, Vossloh Fastening Systems China Co. Ltd., to supply rail fastening systems for a new high-speed railway connecting Xining and Chengdu. Deliveries are scheduled … Read the full press release

Novartis to Present Late-Breaking Phase III Data on Ianalumab and New CAR-T Insights at ACR 2025, Advancing Leadership in Autoimmune Disease Research

(IN BRIEF) Novartis will present new data from 27 abstracts at the 2025 American College of Rheumatology (ACR) Convergence, featuring late-breaking Phase III results from the NEPTUNUS-1 and NEPTUNUS-2 trials of ianalumab in Sjögren’s disease, which could become the first … Read the full press release

Novartis Advances RNA Medicine Strategy Through USD 12 Billion Acquisition of Avidity Biosciences and Its Late-Stage Neuromuscular Programs

(IN BRIEF) Novartis announced a definitive agreement to acquire Avidity Biosciences for USD 12 billion in cash, in a move that strengthens its neuroscience franchise and accelerates its xRNA therapeutic strategy. The acquisition brings Avidity’s late-stage programs in myotonic dystrophy … Read the full press release

Evotec Receives US$ 25 Million Milestone Payment from Bristol Myers Squibb for Progress in Neurodegenerative Disease Partnership

(IN BRIEF) Evotec SE announced it has received a US$ 25 million payment from Bristol Myers Squibb, marking progress in their joint neuroscience partnership focused on neurodegenerative diseases. The milestone payment will further advance the companies’ preclinical pipeline and research … Read the full press release

ASSA ABLOY Strengthens North American Presence with Acquisition of U.S. Metal Door Manufacturer MPI

(IN BRIEF) ASSA ABLOY has acquired Metal Products Inc. (MPI), a U.S. manufacturer of custom hollow metal doors and frames based in Corbin, Kentucky. The acquisition supports ASSA ABLOY’s strategy to strengthen its position in mature markets through complementary products … Read the full press release

Det Norske Veritas Foundation Launches Major Research Fund to Drive Scientific and Societal Development Across the Nordic Region

(IN BRIEF) The Det Norske Veritas Foundation has launched a NOK 2 billion (USD 200 million) research fund aimed at supporting basic scientific research in the Nordic region. Expected to provide NOK 50–100 million annually, the fund will finance projects … Read the full press release