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Alnylam, Sanofi end research & option phase of 2014 rare disease union
Healthcare
Pankaj Singh Date: April 08, 2019

Alnylam, Sanofi end research & option phase of 2014 rare disease union

Sanofi and Alnylam have reached a decision to amend specific terms of the companies’ equity agreement. Sanofi, the French multinational pharmaceutical and U.S. based biopharmaceutical company Aln....
AstraZeneca announces positive outcomes from Fasenra Phase 2 trial
Healthcare
Pankaj Singh Date: April 06, 2019

AstraZeneca announces positive outcomes from Fasenra Phase 2 trial

The new positive data underscores a showdown between AstraZeneca’s Fasenra and GSK’s Nucala in the treatment of severe eosinophilic asthma (SEA) Global biopharmaceutical company AstraZeneca has....
Constellation Brands plans to sell 30 of its brands for $1.7 billion
Food
Pankaj Singh Date: April 05, 2019

Constellation Brands plans to sell 30 of its brands for $1.7 billion

The Corona maker would be selling its low-end spirits & wine brands to E. & J. Gallo Winery. The move comes under its ongoing drive to divest in low-end brands to focus on its high-....
Lonza enters joint venture deal worth €90M for developing LBPs
Healthcare
Pankaj Singh Date: April 04, 2019

Lonza enters joint venture deal worth €90M for developing LBPs

Lonza, a Swiss biotech company, has made it to the headlines for signing a 50/50 joint venture with Chr. Hansen, a Danish bioscience firm, in a bid to invest around 90 million euros over three years f....
Wahaha forms Intelligent Robot Company to step up smart manufacturing
Manufacturing
Saipriya Iyer Date: April 03, 2019

Wahaha forms Intelligent Robot Company to step up smart manufacturing

Zhejiang Wahaha Intelligent Robotics Company has been registered with the capital of RMB 40 million (around $6 million)  China’s largest manufacturing company Wahaha is planning to step into rob....
JWC receives cultivation license for its second facility at Kitchener
Manufacturing
Saipriya Iyer Date: April 02, 2019

JWC receives cultivation license for its second facility at Kitchener

James E. Wagner Cultivation Corporation (JWC), a reputed cannabis company, has reportedly announced that it has initiated its cultivation activities at its second facility (commonly known as JWC 2) at....
BASF 3D Printing Solutions GmbH appoints François Minec as Chief Commercial Officer
Chemicals
Pankaj Singh Date: April 01, 2019

BASF 3D Printing Solutions GmbH appoints François Minec as Chief Commercial Officer

Effective April 1, 2019, François Minec (44) will be appointed chief commercial officer at BASF 3D Printing Solutions GmbH (B3DPS), a wholly owned subsidiary of BASF New Business GmbH (BNB). In his n....
FPL plans to build largest solar-powered battery in the world
Energy and power
Saipriya Iyer Date: March 30, 2019

FPL plans to build largest solar-powered battery in the world

FPL Manatee Energy Storage Center is expected to start serving customers at the end of 2021 with the capacity of 409 MW. Florida Power and Light (FPL) has unveiled a plan of building world’s larg....
ET Solar confirms relaunch of its U.S. sales division post-bankruptcy
Energy and power
Saipriya Iyer Date: March 29, 2019

ET Solar confirms relaunch of its U.S. sales division post-bankruptcy

The Chinese firm is still considered a tier 1 solar manufacturer and continues to produce modules Panels to be sold in U.S. will come from ET Solar’s existing facilities in Thailand, Turk....

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