Global respiratory and regenerative products company, AVITA Medical, has made an announcement informing that it has received the first commercial sales order for its the RECELL® Autologous Cell Harvesting Device, or RECELL® System, from U.S. burn centers. The company has also started shipping the product, …
The California-based carmaker Tesla has reportedly acquired a 864,885 square meters plot for its new factory in Lingang area, Shanghai. As per trusted sources, the construction of Tesla’s wholly-owned factory was initially announced in July. The carmaker expects the factory to manufacture its first cars …
Israeli cybersecurity startup Sygnia has announced that it will be acquired by Temasek Holdings, a Singapore-based investment firm, with the deal subject to customary closing and signing conditions. The cybersecurity company would be acquired for an amount of $250 million, claim sources familiar with the …
The U.S government has recently proposed a new rule forcing drug makers to disclose prices for prescription medicines in their TV commercials. Sources suggest that the new proposal would include brand-name drugs, covered by the Medicare and Medicaid program, to disclose prices if a typical …
In a move that will directly put the Barclays in competition with the Goldman Sachs’s online retain bank Marcus, the company seems to have launched a retail account that will offer a low-cost and digital-only bank for the U.S. customers. Barry Rodrigues, cards and payments …
Apple, Inc. has acquired Asaii, a music analytics start-up, in an attempt to reinforce content recommendations for its Apple Music users. Recent reports confirm that the deal was apparently worth less than US$100 million. Cameron Baradar, founder of The House, a start-up fund which is …
The Swedish multinational furniture retailer Ikea has reportedly announced the launch of a spin-off chain of kitchen and bedroom showrooms. As per trusted sources, the company has been in the process to unveil new high street outlets in an effort to appeal to online shoppers …
Ikea, the Swedish home furnishings retailer has revealed that it would be commencing its e-commerce operations in India by March 2019. The company’s third store in India, which would be located in Bengaluru, will open in 2020 summer and would be a 5,00,000 square ft. …