Latest Posts Under: Business News Articles

Lennar opens Manchester Estates, new townhome community in Zionsville, IN

US homebuilding company Lennar has officially opened Manchester Estates, a new luxury townhome community in Zionsville, Indiana having a starting price of $290,000. Manchester Estates is connected to the greater Indianapolis market through Interstates 65, 865, 465 and Highway 421, which are all said to be just minutes away. The townhome community is located near […]

Eni completes sale of 20% in East Sepinggan area to Neptune Energy

Eni’s subsidiary Eni East Sepinggan has wrapped up its previously announced sale of a 20% stake in the East Sepinggan area, offshore Indonesia, which contains the Merakes development and Merakes East discovery, to Neptune Energy Group’s subsidiary Neptune Energy East Sepinggan. Financial details of the deal that was announced in July 2019 remained to be […]

Janssen to acquire skin disease drug candidate bermekimab from XBiotech

Janssen Biotech acquisition of bermekimab: Janssen Biotech, a Janssen Pharmaceutical Company of Johnson & Johnson, has agreed to acquire all rights to bermekimab, an investigational compound for certain skin disorders, from XBiotech, in a deal worth up to $1.35 billion, as per the latest pharma acquisition news. Bermekimab, which is an anti-IL-1alpha monoclonal antibody (mAb), […]

AFC joins Brahms Oil Refineries to advance Brahms refinery project, Guinea

Brahms refinery project : Africa Finance Corporation (AFC) has signed an agreement with Brahms Oil Refineries, a part of the Switzerland-based Brahms Group, to join a petroleum storage and associated refinery project in Guinea. Located in Kamsar, the project will include a 76,000m3 crude oil storage terminal, a storage terminal with a capacity of 114,200m3 […]

Precision oncology company Black Diamond Therapeutics raises $85m

Black Diamond Therapeutics, a precision oncology company based in Cambridge, has raised $85 million from a Series C financing round led by Boxer Capital of the Tavistock Group. Additional new investors in the Series C round included Wellington Management Company, BVF Partners, Deerfield Management, funds managed by Janus Henderson Investors, Logos Capital, and Casdin Capital. […]

FLIR Systems bags US Army contract for Kobra robot under CRS-H program

FLIR Systems said that its Kobra robot has been selected for the US Army’s Common Robotic System-Heavy (CRS-H) program under a five-year production contract worth up to $109 million. Under the contract, the Oregon-based industrial technology company will build more than 350 unmanned ground vehicles (UGVs). Through the CRS-H program, the US Army will get […]

Vår Energi selects Capgemini to deliver digital transformation

Vår Energi, a Norwegian oil and gas company, has signed a partnership agreement with French IT company Capgemini to fast track its digital transformation. As per the agreement, Capgemini will support the digital transformation program of Vår Energi by providing digital services to enable the latter to benefit from the full digital potential. The Norwegian […]

AstraZeneca taps into Gatehouse Bio’s sRNAlytics AI platform for drug discovery

US biodata company Gatehouse Bio is joining forces with pharma giant AstraZeneca to accelerate the discovery of new drugs for respiratory and cardiovascular diseases using sRNAlytics, the former’s artificial intelligence (AI)-driven platform. According to Gatehouse Bio, the sRNAlytics platform is capable of identifying new small RNA (sRNA) signatures and can illuminate molecular pathways correlated to […]

BJ’s Wholesale Club launches Wellsley Farms premium spirits

BJ’s Wholesale Club, a US membership-only warehouse club chain, has announced the availability of a premium spirits collection from its exclusive Wellsley Farms brand. The retailer said that its members can buy the new spirits, which include vodka, Canadian Whisky, and Irish Whiskey, at select BJ’s clubs. Wellsley Farms spirits, which can be added to […]

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