Category Archives: Switzerland

Press Releases & News from Switzerland distributed via EuropaWire

SIX Introduces AI-Powered Tool to Enhance Corporate Actions Data Retrieval

(IN BRIEF) SIX, a global financial information provider, has launched SIX Bot, an automated software application that provides financial professionals with access to corporate actions data. This tool allows users to ask questions about corporate actions events, delivering real-time information … Read the full press release

Basilea’s Antifungal Drug Cresemba Surpasses Sales Threshold in Asia Pacific, Triggering $1.25 Million Milestone Payment

(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company dedicated to addressing severe bacterial and fungal infections, has announced that its antifungal medication, Cresemba® (isavuconazole), has achieved robust sales performance in the Asia Pacific region and China through its licensing partner, … Read the full press release

CERN Celebrates LGBTQ+ Diversity with Historic Flag-Raising Ceremony

(IN BRIEF) CERN, the European Organization for Nuclear Research, marked a historic moment by raising the Progress Pride flag on its main Esplanade for the first time. This event, coinciding with LGBTQ+ STEM Day, underscores CERN’s commitment to recognizing and … Read the full press release

Inge Herrmann Joins Balgrist University Hospital and University of Zurich to Spearhead Medical Technology Innovations

(IN BRIEF) Inge Herrmann, a renowned expert in medical technology, has been appointed to the academic team at Balgrist University Hospital and the University of Zurich. Herrmann, previously a professor at ETH Zurich and Empa, will continue her research and … Read the full press release

Empa Scientists Recognized Among “Highly Cited Researchers” for Influential Contributions

(IN BRIEF) Maksym Kovalenko and Zhanyun Wang, two scientists from Empa, have been recognized as “Highly Cited Researchers” by Clarivate, an analytics company. This designation is awarded to scientists whose publications have garnered significant citations and influence in their respective … Read the full press release

Roche Launches HEV Infection Detection Tests to Support Global Disease Management

(IN BRIEF) Roche has introduced the Elecsys®Anti-HEV IgM and Elecsys Anti-HEV IgG immunoassays for detecting hepatitis E virus (HEV) infections in regions accepting the CE mark. These tests aim to assist clinicians in diagnosing the cause of patients’ symptoms, determining … Read the full press release

Economic and Societal Threats Outweigh Environmental and Technological Risks, Says World Economic Forum Survey

(IN BRIEF) A survey conducted by the World Economic Forum, involving over 11,000 business leaders from 110 countries, has revealed that economic and societal threats, such as economic downturns, inflation, and declining social cohesion, are the most significant risks in … Read the full press release

Barry Callebaut Appoints Amr Arafa as Chief Digital Officer to Drive Tech-Enabled Transformation

(IN BRIEF) Barry Callebaut, a leading cocoa and chocolate products manufacturer, has appointed Amr Arafa as its Chief Digital Officer (CDO) to spearhead the company’s commitment to becoming an agile and tech-enabled organization. In this newly created role, Arafa will … Read the full press release

Empa Researcher Aims to Enhance Energy Density of Water-Based Flow Batteries for Urban Renewable Energy Storage

(IN BRIEF) Empa researcher David Reber is on a mission to improve the energy density of water-based flow batteries, making them more suitable for storing renewable energy in urban environments. Flow batteries, unlike traditional lithium-ion batteries, store energy in liquid … Read the full press release

Teck Resources to Exit Elk Valley in Landmark $6.93 Billion Deal with Glencore, Reshaping Canadian Mining

(IN BRIEF) Glencore is set to purchase a 77% effective interest in Teck Resources Limited’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. The deal includes NSC’s and POSCO’s interests in EVR. Upon completion, EVR will … Read the full press release

Will Semiconductor Lists GDRs on SIX Swiss Exchange, Raising Nearly $445 Million

(IN BRIEF) Will Semiconductor Co., Ltd., a Chinese company, has successfully listed its Global Depository Receipts (GDRs) on the SIX Swiss Exchange. The offering involved 31,000,000 GDRs at an offer price of USD 14.35 per GDR, with each GDR representing … Read the full press release

Kuehne+Nagel’s Rapid Response Delivers Flu Vaccines to 42 Veterans Affairs Hospitals Across the U.S.

(IN BRIEF) Kuehne+Nagel’s North American Road Logistics team received an urgent request from a pharmaceutical customer to deliver 150 pallets of flu vaccines to over 40 Veterans Affairs (VA) hospitals across the U.S. within ten days. The team quickly organized … Read the full press release

Roche’s Elecsys NfL Test for Multiple Sclerosis Earns Breakthrough Device Designation from FDA

(IN BRIEF) Roche, a leading healthcare company, has announced that its Elecsys Neurofilament Light Chain (NfL) test for Multiple Sclerosis (MS) has received Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA). The Elecsys NfL test is designed … Read the full press release

Holcim’s Bold European Decarbonization Roadmap Aims for Profitable Growth

(IN BRIEF) Holcim has revealed an ambitious decarbonization roadmap for Europe, as part of its strategy to achieve profitable growth while reducing its carbon footprint. At an investor day event in Switzerland, the company outlined its targets, including surpassing CHF … Read the full press release

IoT Security Boosted: CommScope and STMicroelectronics Unveil Integrated Solution

(IN BRIEF) CommScope (NASDAQ: COMM), a global leader in network connectivity, and STMicroelectronics (NYSE: STM), a leading semiconductor company catering to a wide range of electronics applications, have jointly announced the integration of CommScope’s PKIWorks™ IoT security platform with ST’s … Read the full press release

Australia’s Most Advanced Energy Transition Hub Launched by Siemens and Swinburne

(IN BRIEF) Siemens and Swinburne University of Technology have jointly launched the Energy Transition Hub at Swinburne’s Melbourne campus, marking the most advanced facility of its kind in Australia. Valued at $5.2 million, the hub combines Siemens’ digital energy technology … Read the full press release

Kuehne+Nagel Earns Third Consecutive IATA CEIV Pharma Certification

(IN BRIEF) Kuehne+Nagel, a global logistics company, has achieved its third consecutive IATA CEIV Pharma certification for its entire air logistics healthcare network. This milestone makes Kuehne+Nagel the first logistics company with over 100 CEIV Pharma-certified stations. IATA’s CEIV Pharma … Read the full press release

Siemens Deploys Software to Elvia for Future-Proof Distribution Grid Management

(IN BRIEF) Siemens has implemented its advanced software solutions, LV Insights® X and Spectrum PowerTM 7 ADMS, for Norwegian distribution system operator (DSO) Elvia to enhance its distribution grid management. The LV Insights® X software allows Elvia to create a … Read the full press release

Swiss Re Reports Robust Earnings of $2.5 Billion in First Nine Months of 2023

(IN BRIEF) Swiss Re, a global reinsurance company, has announced strong financial results for the first nine months of 2023, posting a net income of USD 2.5 billion. In the third quarter alone, the company recorded a profit of USD … Read the full press release

Zurich Insurance Forms Strategic Alliance with Kotak Mahindra Bank in Indian Insurance Market

(IN BRIEF) Zurich Insurance Group has announced a significant strategic alliance with Kotak Mahindra Bank in India, with plans to acquire a 51% stake in Kotak Mahindra General Insurance Company for $488 million. This investment marks one of the largest … Read the full press release