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Aimmune’s PALFORZIA obtains EC’s approval for treating peanut allergies

Published Date: 2020-12-22         Author: Saipriya Iyer

In recent developments, U.S.-based biopharmaceutical company Aimmune Therapeutics Inc. has reportedly received approval from the European Commission (EC) for using its oral immunotherapy, PALFORZIA to treat individuals with peanut allergy. For the uninitiated, PALFORZIA is a biologic drug that is... Read More

Ria Money Transfer & Pos Indonesia ink partnership for cash payouts

Published Date: 2020-12-18         Author: Saipriya Iyer

Global leader in cross-border money transfer and Euronet Worldwide, Inc. subsidiary Ria Money Transfer has reportedly announced its partnership with Indonesian state-owned postal service firm Pos Indonesia. This strategic alliance is geared towards extending cash payouts by over 4,368 locations acro... Read More

Sanofi renews partnership with WHO to develop NTD treatment options

Published Date: 2020-12-17         Author: Pankaj Singh

Sanofi S.A., a French multinational pharmaceutical firm, has reportedly renewed its partnership with WHO (World Health Organization), and has extended its 20-year-old joint venture. The company intends to support WHO by developing treatment options for sleeping sickness and Neglected Tropical Diseas... Read More

Individual FoodSerivce and Brady Industries merge for better reach

Published Date: 2020-12-16         Author: Pankaj Singh

Individual FoodService (IFS), a California-based distributor of food service disposables as well as JanSan (janitorial and sanitation) products company, is reportedly planning to join forces with Brady Industries, another known cleaning and food service items provider. The partnership will allow ... Read More

Robert Bosch to mass produce stationary fuel cell starting 2024

Published Date: 2020-12-15         Author: Pankaj Singh

German multinational engineering and technology company, Robert Bosch GmbH, has recently announced to start a full-scale production of distributed power stations based on SOFC (solid oxide fuel cell) technology in the year 2024. If sources are to be believed, Bosch is planning on manufacturing th... Read More

Huntington Bancshares, TCF unite to develop top 10 U.S. regional bank

Published Date: 2020-12-14         Author: Pankaj Singh

Ohio-based bank holding company, Huntington Bancshares Incorporated, has reportedly signed a partnership deal with TCF Financial Corporation. As per the definitive agreement, the two organizations will initiate an all-stock merger of worth USD 22 billion to form a top 10 U.S. regional bank, wit... Read More

Axine signs multimillion-dollar agreement for wastewater treatment

Published Date: 2020-12-11         Author: Saipriya Iyer

Axine Water Technologies, an on-site industrial wastewater treatment provider, headquartered in Vancouver, Canada, has reportedly signed a multi-year, multimillion-dollar agreement with a global pharmaceutical company after demonstrating their exceptional efficacy and cost-efficiency in treating and... Read More

Apple launches App Tracking Transparency to enhance user data privacy

Published Date: 2020-12-10         Author: Pankaj Singh

In a recent turn of events, California-headquartered multinational technology giant Apple Inc. has reportedly launched App Tracking Transparency feature in order to enhance user privacy and force developers to be more transparent about data collection. According to credible sources, the new featu... Read More

Truist Insurance expands its reach through Insurtech Wellington buyout

Published Date: 2020-12-09         Author: Saipriya Iyer

According to reliable sources, U.S.-based leading insurance broker, Truist Insurance Holdings Inc., which is a subsidiary of Truist Financial Corporation, has acquired Wellington Risk Insurance Agency Inc., a Texas-headquartered insurance brokerage service provider. For those uninitiated, We... Read More

Walmart to sell 25% stake in Flipkart through USD 10 billion IPO

Published Date: 2020-12-08         Author: Pankaj Singh

U.S.-based multinational retail corporation Walmart Inc. is reportedly gearing up for an initial public offering (IPO) of USD 10 billion for Indian e-commerce company Flipkart.  The company has appointed American multinational investment bank and financial services firm Goldman Sachs Group, Inc... Read More

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