Escient Pharmaceuticals unveils USD120 million series C financing
Escient Pharmaceuticals, a clinical-stage company advancing novel small molecule therapeutics for the potential treatment of a broad range of neurosensory-inflammatory disorders, today announced the closing of a $120 million Series C financing. The financing was co-led by NEA, Abingworth, and Forge Life Science Partners with participation from other new investors Avego, PFM Health Sciences, and […]
China approves the use of ferinject to treat adult patients with iron deficiency
CSL Vifor and Fresenius Kabi today announced that China’s National Medical Products Administration (NMPA) has approved Ferinject, a preparation for intravenous iron therapy for the treatment of iron deficiency in adult patients for whom oral iron preparations are ineffective, oral iron preparations cannot be used or for whom there is a clinical need to deliver […]
Google Cloud creates an advisory council for its point carbon zero programm
Recently at Singapore FinTech Festival 2022, Google Cloud announced three key updates under the Point Carbon Zero Program, which was jointly launched in July with the Monetary Authority of Singapore (MAS) to catalyze the incubation and adoption of climate fintech solutions in Asia over the next three years. These updates include the appointment of an Advisory Board to guide the […]
CLI initiates two new onshore renminbi funds
CapitaLand Investment Limited (CLI) has established two new onshore renminbi (RMB) funds, China Business Park Core RMB Fund I (CBPCFI) and CBPCF II to invest in business park opportunities in China. CBPCF I is a RMB380 million (S$76 million) fund established with four new domestic investors and CBPCF II is a RMB3.6 billion (S$720 million) […]
Pixlr Suite to take digital design and photo editing at next level
Pixlr (Pixlr Pte. Ltd.), a leading developer of photo editing and design tools, is gearing up for a new creative adventure with the launch of its brand-new Pixlr Suite. This new launch aims to provide designers, photographers, creators, entrepreneurs and others with the opportunity to exercise their creative freedom in design and photo editing within […]
National Bank of Fujairah collaborates with HongQI Motors for electric vehicles
National Bank of Fujairah PJSC (NBF) has partnered with One Road Automotive (Exclusive UAE Distributors – HongQI Motors, luxury Chinese car brand), to support the expansion of its new energy vehicle fleet in the UAE. The partnership is in line with NBF’s ongoing commitment to the growth of the green economy and will make it […]
SoPa announces integration of Stripe Inc’s payments platform
Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s leading data-driven loyalty, fintech and e-commerce ecosystem, today announces the integration of Stripe’s financial infrastructure solutions onto the SoPa platform to power transaction settlement services for merchants and customers on SoPa’s ecosystem. Leveraging Stripe’s cutting-edge technology solutions, Society Pass expands the product and geographical reach of its ecosystem, simplifies […]
Dubai’s VARA gives MVP License to Hex Trust
Hex Trust, the leading fully licensed and insured provider of bank-grade custody and associated services for digital assets, has received the Minimum Viable Product (MVP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This follows the issuance of its provisional license in June 2022. The MVP license will allow Hex Trust to provide a wide […]
123RF initiates Plus and Free Offering for creative professionals
One of the largest digital stock agencies in the world, 123RF, launches 123RF PLUS and FREE, two new plans that give business owners, freelance designers, entrepreneurs and even educators and students more alternatives in licensing creative content. With 123RF PLUS, designers are able to license high-quality digital stock media for digital use and get full […]
UAE-Israel Business Council partners FemForward for mentorship program
The UAE-Israel Business Council, the leading group that builds ties promoting trade, innovation and cooperation, is joining with FemForward, Israel’s unique three-month junior-to-manager program designed to support women in advancing their careers in the tech sector, to launch a new initiative to bring this model to the Abraham Accords countries (Bahrain, Israel, Morocco and the […]
