Biogen to wholly acquire gene therapy firm Nightstar Therapeutics

Nightstar’s agreement with Biogen will give the company the platform and resources it needs to expand its mission to restore sight in patients with inherited retinal diseases. Biogen, the U.S. based biotechnology company and Nightsta....

FSSAI asks food delivery service Zomato to procure food safety license

FSSAI has undertaken the move after its CEO announced new guidelines under which food delivery chains will have to procure relevant licenses as well. Zomato, the Indian online food delivery service, has recently been served with a notice b....

Merck offers $5-9B for Versum Materials to challenge bid from Entegris

The company is apparently looking to buy the electronic materials maker for bolstering its Performance Materials division Merck KGaA, the laboratory supplies provider and drug maker based in Germany, has reportedly made a $5.9 billion offe....

Rincon partners with Vecima to expand affordable remote PHY DAA

Vecima Networks Inc., the Canada based global leader in integrated hardware and software solutions development, recently announced a partnership with Rincon Technology, a telecommunications products provider based in California, USA. Throug....

Saudi’s Acwa Power signs MoU with China’s Huawei and Silk Road Fund

Acwa Power develops such to allow the company to maintain its cost leadership and reputation. Acwa Power, the Saudi Arabia based developer of power and water plants recently announced that it has entered into a deal with Huawei and Silk Ro....

Ericsson, Airtel team up to deploy AI technology in network operations

Artificial Intelligence could be a key to Airtel’s customer experience centric operations management Ericsson, the Swedish telecommunications and networking giant, and Bharti Airtel have recently confirmed that the companies have ent....

Sunday closes a $10M Series A funding round led by Vertex Ventures

Vertex Ventures Southeast Asia & India led the Series A financial round.   A portion of the proceeds from the funding would be allocated to the company’s marketing & expansion operations. Sunday Ins. (Sunday), a Tha....

MPM Capital secures $400M to finance innovative biotech startups

The fund would reportedly contribute toward disruptive scientific developments across a spate of therapeutic areas such as immunology, oncology, and neurosciences. Life-sciences venture capital firm MPM Capital has reportedly closed its se....

AC Immune starts enrolling patients for next Phase 2 trial of anti-Tau

The antibody, called as MTAU9937A, RO7105705, is also being assessed by Genentech in a different Phase 2 trial Anti-Tau monoclonal antibody was detected and improved under the collaboration between AC Immune and Genentech The Switzerla....

Google to acquire cloud startup Alooma to simplify cloud migration

The Silicon Valley giant had announced earlier that the company would be accelerating its cloud business soon. The move takes Google a step further in its plan to increase its cloud initiatives and compete with Microsoft & Amazon in ....