Wuhan coronavirus : AirPHX non-thermal plasma technology to protect from deadly virus

AirPHX said that an independent testing lab has confirmed that its non-thermal plasma technology is highly effective in protecting people from potential exposure to the Wuhan coronavirus or novel coronavirus (2019-nCoV). The technology from airPHX can be scaled for the treatment of air and surfaces in large facilities like hospitals, hotels, airports, schools, and other […]

Sorrento Therapeutics turns down $993m takeover bid from private equity firm

Sorrento Therapeutics, a California-based biopharma company, has turned down a takeover bid worth about $993 million from an undisclosed private equity fund, as per the latest pharma acquisition news. Earlier this month, the US biopharma company was offered $7.00 per share for the acquisition of a majority stake or 100% in the former. Sorrento Therapeutics […]

Allergan to sell brazikumab to AstraZeneca and Zenpep to Nestle

Allergan has agreed to sell IL-23 inhibitor brazikumab to AstraZeneca and gastrointestinal medication Zenpep (pancrelipase) to Nestle in separate agreements, as per the latest pharma acquisition news. Financial details of the two deals have not been disclosed. The divestments are being taken up in an effort to wrap up the $63 billion AbbVie acquisition of […]

Texas GulfLink terminal : Sentinel Midstream, Freepoint Commodities sign agreements

Sentinel Midstream has signed agreements with Freepoint Commodities to advance the construction, operation, and utilization of the Texas GulfLink terminal, located off the coast of Freeport, Texas. The deepwater crude oil export facility will have the capacity to fully load very large crude carrier vessels (VLCCs). David Messer – Freepoint CEO said: “Freepoint recognizes the […]

Stork Worley JV wins contract for Neptune’s Dutch assets in North Sea

Fluor said that Neptune Energy has given a four-year framework agreement to its Stork Worley Integrated Solutions joint venture pertaining to a brownfield modification for its Dutch assets in the North Sea. Under the contract,  Stork Worley Integrated Solutions will deliver engineering, procurement, construction, installation and commissioning, and decommissioning services. Fluor said that it will book […]

Merit, Burcon, and Nestlé join forces for plant-based protein ingredients

Merit Functional Foods, its technology partner Burcon NutraScience, and Nestlé have signed a collaborative partnership for plant-based protein ingredients. The parties have signed a joint development agreement (JDA) in this connection with an objective to develop and commercialize the plant protein ingredients of Merit Functional Foods for use in the plant-based foods and beverages of […]

Grubhub integrates with cloud-based Brink POS software from ParTech

ParTech (PAR), a point of sale (POS) software and technical solutions provider to the restaurant and retail sectors, forged a new partnership with Grubhub, an online and mobile food ordering and delivery marketplace. By integrating Grubhub’s API with the cloud-based Brink POS software of ParTech enables Brink clients is said to provide a seamless ordering […]

Boeing completes Boeing 777X test flight between Everett and Seattle

US aerospace company Boeing said that the Boeing 777X test flight has taken to the skies to enter the next phase of a test program. The Boeing 777X jetliner is based on the Boeing 777 aircraft and equipped with technologies from the Boeing 787 Dreamliner. The aerospace company said that the Boeing 777x first flight […]

Airlines Reporting Corpation acquires majority stake in nuTravel

Airlines Reporting Corporation (ARC), a ticket transaction settlement services provider, has acquired a majority share in nuTravel, a provider of corporate retailing solutions for airlines. The financial terms of the deal were not disclosed. Established in 2002, nuTravel is said to have developed a direct-distribution B2B and B2B2C traveler management and booking application platform, called Universal […]

Nationwide invests in health tech firms Vesta Healthcare and KINETIC

Nationwide, through its $100 million venture capital investment fund, has made investments in healthcare management consultant Vesta Healthcare and KINETIC, a smart wearable device and software platform maker. Headquartered in New York, Vesta Healthcare provides round-the-clock technology and clinical services to support caregivers. Nationwide invested in the Vesta Healthcare’s Series A round. Erik Ross – […]

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