TMG announces acquisition of MAK Solutions
TMG enhances its Utility Industry Leadership Position by Acquiring Leading Data Science & Conversion Firm MAK Solutions. TMG recently announced the acceleration and expansion of its Professional Services Capabilities and Intellectual Property offerings to utilities and partners with its strategic acquisition of MAK Solutions, one of the leading independent information technology firm providing functional, technical, consultative, […]
Mercedes-Benz issues its first Green Panda Bond
Mercedes-Benz International Finance B.V. successfully issued its first Green Panda Bond on November, 2022 with a size of RMB 500 million (approx. EUR 68 million), a term of two years and a coupon rate of 2.9 percent in the Chinese Interbank Bond Market. The bond, which was 3.1 times oversubscribed is guaranteed by Mercedes-Benz Group […]
Biocytogen signs Antibody Agreement with ADC Therapeutics
Biocytogen Pharmaceuticals (Beijing) Co., Ltd. (“Biocytogen”) recently announced that it has entered into an evaluation and option agreement with ADC Therapeutics SA. Biocytogen will grant ADC Therapeutics a license to evaluate Biocytogen’s proprietary antibodies against three tumor targets, with an option to license selected antibodies at a later date for global ADC development and commercialization. […]
MAP selects Blue Yonder to enhance business processes
PT Map Aktif Adiperkasa Tbk (MAPA), the leading lifestyle retailer, has selected to enhance its business processes with Blue Yonder ’s SaaS-based Luminate Planning solutions. Based in Indonesia, MAPA (MAP Active) is a “brand commerce” entity managing and marketing international brands across Indonesia. A subsidiary of PT Mitra Adiperkasa Tbk (MAPI), MAP Active operate more than 40 exclusive brands […]
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 […]
