Youxing Technology inks Cooperation Agreement with Kandi JV Company

Both companies will be deploying the online ride-sharing platform Cao Cao Zhuan Che to launch around 20,000 Kandi brand pure EVs. Kandi Electric Vehicles Group Co., Ltd., has apparently made it to the headlines for having joined hands with....

Roche to abandon Alzheimer’s drug crenezumab following failed trials

The news from Roche marks another failure in developing drugs for Alzheimer’s after many other drugmakers have stopped trials of prospective treatments. Roche Holding, the Swiss pharmaceutical giant, has recently confirmed that it wo....

DSM creates a joint venture with Nenter & Co to manufacture vitamin E

DSM is likely to acquire a 75 percent stake in the joint venture for about €135 million.   The new business will exclusively manufacture vitamin E for DSM The Dutch nutrition firm DSM has reportedly announced that it is plan....

AstraZeneca inks a value-based agreement with UPMC Health Plan

The deal links reimbursement for the blood thinner to the cardiovascular outcomes of patients.   Sources familiar with the development claim that patients would be required to pay between USD 7 and USD 10 for a 30-day supply of the....

Purdue Pharma teams up with Alivio Therapeutics to advance ALV-107

Purdue Pharma L.P., the Connecticut-based pharmaceutical company, has reportedly announced that it has signed a partnership agreement with Alivio Therapeutics to advance one of its product candidates via clinical development. As per truste....

Abcam acquires California-based antibodies developer Calico Biolabs

U.K. biotech firm Abcam has recently confirmed the acquisition of Calico Biolabs, a specialist in rabbit monoclonal antibodies based out of California. Calico is known to provide custom, high-quality recombinant rabbit monoclonal antibodies....

Adobe confirms acquisition of Substance tools creator Allegorithmic

By acquiring Allegorithmic, Adobe will bring technology and talent to the company, since it has started focusing on 3D. Adobe Inc. has recently made an announcement confirming that it has acquired the French software company Allegorithmic,....

Basilea & Roche to jointly study novel treatment for urothelial cancer

The planned study would assess the efficacy, tolerability, and safety of the derazantinib-atezolizumab combination in patients with confirmed FGFR genomic aberrations and advanced urothelial cancer. Basilea Pharmaceutica Limited, a commerc....

Huawei develops its own chip technology to sidestep U.S. components

The company claims that its chip technology is at par with the leading U.S. technologies. Huawei, the Chinese tech giant, recently announced that it will be using its own technology for a next-gen smartphone instead of U.S. components. Ex....

Microsoft buys Citus Data to expand open source PostgreSQL solutions

Microsoft is planning to work with the team of Citus Data to accelerate the delivery of important, enterprise ready features from Microsoft’s Azure to PostgreSQL. Microsoft has recently confirmed the acquisition of Citus Data, a star....