Costco acquires logistics solutions provider Innovel Solutions for $1bn

Costco acquisition of Innovel Solutions : US warehouse clubs chain Costco Wholesale Corporation has acquired Innovel Solutions, a provider of third-party end-to-end logistics solutions for $1 billion from Transform Holdco (TFCO), the operator of the Sears and Kmart stores. For several years, Innovel Solutions has provided US department store chain Sears and, more recently, third […]

CNOOC makes Kenli 6-1 oil discovery in Bohai Bay, offshore China

The China National Offshore Oil Corporation (CNOOC) has claimed to have pulled off a large-sized discovery Kenli 6-1 in Bohai Bay, which it expects to become the first large-sized oil filed in Laibei lower uplift. The Chinese state-owned oil and gas company said that the Kenli 6-1 structure is located in Laibei lower uplift in […]

First patients being treated with Aimmune’s PALFORZIA peanut allergy drug

Aimmune Therapeutics said that the first patients in the US are being treated with the recently FDA approved peanut allergy drug PALFORZIA [Peanut (Arachis hypogaea) Allergen Powder-dnfp]. The California-based biopharma company said that specialty pharmacies are shipping initial dosing kits of the new peanut allergy drug to allergists for in-office administration to their peanut-allergic patients […]

Coronavirus vaccine trial : Moderna doses first subject with mRNA-1273 in phase 1 trial

Coronavirus vaccine trial : US biotech company Moderna has dosed the first participant in the phase 1 study of mRNA-1273, its mRNA vaccine against the novel coronavirus (SARS-CoV-2). The phase 1 coronavirus clinical trial is being carried out under its own Investigational New Drug (IND) application by the National Institutes of Health (NIH). mRNA-1273 is […]

Coronavirus vaccine trial : Moderna doses first subject with mRNA-1273 in phase 1 trial

Coronavirus vaccine trial : US biotech company Moderna has dosed the first participant in the phase 1 study of mRNA-1273, its mRNA vaccine against the novel coronavirus (SARS-CoV-2). The phase 1 coronavirus clinical trial is being carried out under its own Investigational New Drug (IND) application by the National Institutes of Health (NIH). mRNA-1273 is […]

Peyton Creek Wind Farm : RWE commissions 151MW wind farm in Texas

RWE, a German electric utility company, has begun commercial operations on the 151MW Peyton Creek Wind Farm in Matagorda County, Texas. The commissioning of the Texan wind farm located in the ERCOT south market comes almost a year after its previous owner E.ON began construction. It can be noted that E.ON transferred its renewables business […]

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