Amicus Therapeutics has recently unveiled that it has acquired Celenex, a clinical-stage gene therapy company and a spin out of the Ohio-based Nationwide Children’s Hospital, in a multimillion dollar deal. Reportedly, the deal expands Amicus portfolio of 10 gene therapy programs that are originally discovered …
Samara Capital, a private equity firm, and Amazon have reportedly inked a deal to buy More, which is Aditya Birla Retail Ltd.’s (ABRL) food and grocery retail chain. Sources familiar with the matter said that Samara has grabbed a majority stake of 51 percent, while …
Cognizant has reportedly acquired Advanced Technology Group, a privately-held customer and revenue management consulting firm that focuses on the Salesforce platform. As per sources, the deal is anticipated to conclude by the fourth quarter of this year subject to completion of customary stipulations. Rajesh Balaji, …
Merck, the Germany-based multinational biopharmaceutical, chemical and life sciences company, has reportedly announced to have opened a $20 million lab in Singapore. Reports cite, the laboratory would be constructed near Pasir Panjang. Spanning over an area of 3,800 square feet, the facility would be housing …
The European Commission has reportedly announced that it has opened a formal investigation to probe BMW, VW and Daimler to determine whether they colluded to circumvent each other’s direct competition on clean emission technologies. If proven, the charges would mean that the manufacturers wrongfully chose …
Scientists have successfully developed a robot jellyfish that could be used to monitor and protect delicate marine ecosystems in the future. Credible sources claim that these robots, powered by hydraulic silicon tentacles, could swim through openings that are narrower than their own bodies. These jellybots …
