(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced robust financial results for the first half-year ending June 30, 2023. Their CEO, David Veitch, highlighted the company’s progress in executing their … Read the full press release
Posted in Business, Financial, Healthcare, Management, Marketing, News, Pharma & Biotech, Science, Switzerland
Tagged Adesh Kaul, Basilea Pharmaceutica, Cresemba®, David Veitch, financial results, Zevtera®
(IN BRIEF) UBS Group AG has voluntarily terminated its CHF 9 billion Loss Protection Agreement (LPA) with the Swiss government, covering potential losses from Credit Suisse non-core assets, after a thorough evaluation of the assets and stress loss scenarios. Additionally, … Read the full press release
Posted in Banks, Financial, Government, Investment, Management, News, Switzerland
Tagged Credit Suisse, Financial, liquidity, Loss Protection Agreement, Swiss Government, UBS
TOP-LINE DATA FROM REMIX-1 AND REMIX-2 STUDIES DEMONSTRATE SIGNIFICANT SYMPTOM IMPROVEMENT (IN BRIEF) Novartis has unveiled promising results from Phase III trials for remibrutinib, a potent Bruton’s tyrosine kinase (BTK) inhibitor, targeting chronic spontaneous urticaria (CSU). The REMIX-1 and REMIX-2 … Read the full press release
(IN BRIEF) SGS has established a new experimental field station for Crop Science in Benacazón, Spain. The facility, which includes walk-in plant growth chambers, greenhouses, and specialized laboratories, aims to support crop scientists in their research and enable integrated pest … Read the full press release
(IN BRIEF) SGS, the world’s leading testing, inspection, and certification company, has been acknowledged for its commitment to sustainable practices for the sixth consecutive year by being included in the FTSE4Good Index Series. The recognition is based on FTSE4Good criteria, … Read the full press release
Posted in Awards, Environment, Industrial, Management, News, Security & Safety, Switzerland
Tagged Award, FTSE4Good Index, SGS, sustainability
(IN BRIEF) Holcim has completed the acquisition of Cooper Standard Technical Rubber GmbH (CSTR), a prominent manufacturer of durable and technical rubber products used in roofing systems. With this acquisition, Holcim aims to expand its roofing platform in Europe and … Read the full press release
Posted in Business, Construction, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged acquisition, CSTR, holcim, Jamie Gentoso, partnership, Roofing Platform, sustainability
(IN BRIEF) Siemens has introduced the SIRIUS 3UG5 line monitoring relays, a new generation of relays combining proven technology with new features. These relays ensure standards-compliant grid stability and quality, protecting critical areas like hospitals and the process industry, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged grid, safety, Siemens, SIRIUS 3UG5 Line Monitoring Relays, stability, technology
(IN BRIEF) The 2023 CERN Webfest hackathon resulted in five impressive projects developed by 19 bright young participants from across CERN. The projects included web applications supporting science, research, and education, with ideas ranging from research facilitation tools to educational … Read the full press release
Posted in Business, Education, Management, News, Science, Switzerland, Technology
Tagged Alberto Di Meglio, Angelo Petrellese, CERN Webfest 2023, CERNbot, Science and Education Apps, SciFeed, Viona Cafo, Young Innovators
(IN BRIEF) CSC Costruzioni, the Swiss subsidiary of the Webuild Group, along with its consortium partners, has been awarded a €157 million highway maintenance contract in the Canton of Ticino, Switzerland. The contract is part of the “USTRA EP 28 … Read the full press release
(IN BRIEF) Glencore International AG (Glencore) and Pan American Silver Corp. have agreed for Glencore to acquire the 56.25% stake in the MARA Project located in Argentina from Pan American. The deal involves Glencore paying $475 million in cash and … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Switzerland
Tagged acquisition, Argentina, Glencore, MARA Project, Pan American
(IN BRIEF) AWAKE, a plasma accelerator at CERN, is gearing up for its second phase of data taking with an upgraded plasma source. The accelerator utilizes plasma wakefield acceleration, a novel method that accelerates particles by riding on waves created … Read the full press release
Posted in Business, Industrial, Management, News, Pharma & Biotech, Science, Switzerland
Tagged Alban Sublet, AWAKE Accelerator, CERN, Edda Gschwendtner, Plasma Source, plasma wakefield
(IN BRIEF) SIX Swiss Exchange reports significant growth in green bond activity in Switzerland, with over a hundred green bonds listed and/or traded, totaling CHF 28 billion in nominal value. Swiss issuers account for half of these bonds, and 91% … Read the full press release
Posted in Business, Environment, Financial, Investment, Management, News, Switzerland
Tagged Christian Reuss, green bond, SIX Swiss Exchange, sustainability
(IN BRIEF) Roche and Alnylam have entered into a partnership to jointly develop and commercialize zilebesiran, an investigational RNAi therapeutic for the treatment of hypertension. Hypertension affects a significant number of adults worldwide and is a major risk factor for … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Switzerland
Tagged Alnylam, Hypertension Treatment, partnership, RNAi Therapy, Roche, Teresa Graham, Yvonne Greenstreet MBChB, zilebesiran
(IN BRIEF) The Canton of Zurich has joined the Terravis network, enabling authorized users to digitally access data from the land register of the Canton of Zurich. Terravis, an initiative of SIX, facilitates the exchange of information in the real … Read the full press release
(IN BRIEF) Researchers from the Paul Scherrer Institute (PSI) and ETH Zurich, along with the Baden Cantonal Hospital and University Hospital Zurich, have developed a refined method of mammography, an x-ray imaging technique used for detecting breast cancer. The new … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Science, Switzerland, Technology
Tagged Baden Cantonal Hospital, breast cancer, Detection, ETH Zurich, mammography, Marco Stampanoni, Michał Rawlik, Paul Scherrer Institute (PSI), Rahel Kubik-Huch, screening method, University Hospital Zurich
(IN BRIEF) Géraldine Picaud will assume the role of Group Chief Financial Officer (CFO) at SGS starting from December 1, 2023. She brings over 25 years of experience in finance and has previously served as Group CFO in prominent companies … Read the full press release
Posted in Business, Industrial, Management, News, Switzerland
Tagged appointment, Dominik de Daniel, Frankie Ng, Géraldine Picaud, leadership, SGS Group CFO
(IN BRIEF) Siemens has introduced two new versions of its Sentron 3WA Power Circuit Breakers to improve electrical distribution capabilities. The 3WA3 series meets both UL 1066 and IEC 60947-2 standards, allowing worldwide use and benefiting manufacturers operating in IEC … Read the full press release
Posted in Electronics & Machinery, Germany, Industrial, Switzerland, Technology
Tagged Andreas Matthé, circuit breakers, Critical Infrastructure, electrical distribution, IEC 60947-2, panel builders, Power Circuit Breakers, Sentron 3WA, Sentron 3WA Power Circuit Breakers, Siemens, switchgear manufacturers, UL 1066
(IN BRIEF) Holcim, a global building materials leader, has secured three grants from the EU Innovation Fund for its breakthrough Carbon Capture Utilization and Storage (CCUS) projects in Belgium, France, and Croatia. These grants support Holcim’s efforts to advance the … Read the full press release
Posted in Belgium, Business, Construction, Croatia, Environment, European Union, Financial, France, Industrial, Switzerland, Technology
Tagged Carbon Capture Utilization and Storage, CCUS projects, circular construction, clean technologies, clean-tech projects, decarbonizing cement, eM-Rhône, EU Innovation Fund, European Union, EU’s Green Deal, GO4ZERO, holcim, KOdeCO, Miljan Gutovic
(IN BRIEF) The future campus of Empa and Eawag is being designed as a leading example of environmentally friendly and climate-conscious construction. The campus incorporates various energy-saving and energy-generating ideas, from geothermal probes for seasonal energy storage to the use … Read the full press release
(IN BRIEF) Holcim has announced its investment as a limited partner in Suffolk Technologies, a venture capital fund focused on supporting startups in the building industry. The fund, worth USD 110 million, aims to back disruptive innovations in areas such … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged building industry, holcim, investment, Jit Kee Chin, Ram Muthu, Suffolk Technologies
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