Industry News

Astrazeneca, Moderna depict successful results in early-stage trials of mRNA AZD-8601

Taking a profound leap ahead with regards to messenger RNA therapies, Astrazeneca, in conjunction with Moderna Therapeutics, has developed a heart drug that has apparently made it through the early stage in clinical trials. The British pharma giant h...

Lyft lays down climate change goals, plans to provide around 1 billion autonomous electric rides annually by 2025

Lyft, the renowned transportation network company headquartered in San Francisco, California, has recently announced its plans to set up climate impact goals with a view to play its part in reducing carbon dioxide emissions from the atmosphere. As pe...

Uber to team up with Luxe, renowned transport company plans to acquire talent & assets from the car valet firm

While Uber is still wrestling with a string of controversies including discrimination allegations and sexual harassments, this ride hailing giant is in between the last stage talks to acquire an engineering team from Luxe, the on-demand car valet sta...

Amazon brings forth another powerful service offering, the chase to get even more challenging for Walmart and other retail firms

Renowned global cloud computing and e-commerce giant, Amazon, Inc., has brought to light, another superb service offering via its discounted Prime membership program, for customers who receive U.S. government assistance. As per reports, this service ...

Audi to expand its business space in the United States, utility car sales set to soar across the country

Audi, the reputed German automaker and a major player in global automotive market, has reportedly decided to increase its utility vehicle sales in the U.S. The firm is looking forward to manufacture not just luxury cars, but also more of the utility ...

Russia confident of oil market demand-supply balance by Q1 2018

In the Astana Expo 2017 that was recently held in Kazakhstan, Russia’s energy minister Alexander Novak took the liberty of stating that the global oil market is likely to reach an impasse, with the supply-demand imbalance in the first quarter o...

Jaguar invests around USD 25 million in Lyft, both parties to team up and work on autonomous-driving technology

Renowned British multinational automaker Jaguar, has reportedly invested around USD 25 million in Lyft, the global transportation network company headquartered in San Francisco, California, to expand their self-driving and car rental business. The de...

Hexcel to acquire French composite maker Structil, deal to boost advanced composite solutions for aerospace & industrial applications

Hexcel Corporation, a leading materials company headquartered in Connecticut has recently announced its decision to acquire Structil SA including all its exclusive shares. The acquisition is expected to close in 2017, with the presumptions of success...

Novo Nordisk collaborates with Innate Pharma, French drug maker acquires rights to antiC5aR antibody

Novo Nordisk, renowned firm operating in global pharmaceutical market, has sold the exclusive rights of IPH5401, the first class clinical stage antiC5aR antibody that outlines a therapeutic approach toward immuno-oncology, to popular France-based dru...

BASF & SINOPEC join forces to expand the propionic acid capacity at the Nanjing site in China

BASF SE, the eminent German company dealing with chemicals, plastics, coatings, crude oil, and natural gas, has recently collaborated with SINOPEC, the renowned Chinese oil & gas market player to increase the propionic acid capacity at the Nanjin...

Dow Chemical loses lawsuit filed against the dioxin contamination, the verdict by the Michigan appellate court favors property owners

Dow Chemical, the well-known American multinational corporation accumulating a major chunk of worldwide chemicals market, has suffered a major setback with the loss of a crucial lawsuit pertaining to dioxin pollution. Not very long ago, proprietors r...

Cargill to acquire chicken products manufacturer Pollos El Bucanero to penetrate the Colombian market

The sprawling conglomerate of Cargill, headquartered in Minnesota, has recently acquired Pollos El Bucanero, one of the most prominent producers of chicken and processed meat, based in Colombia, Latin America. Cargill is reportedly focusing on region...

Thailand’s civil-military airport upgrade worth USD 5.7 billion to pose a threat to Singapore’s dominance

Thailand plans to take over the dominant position held by Singapore in aircraft repair, maintenance, and overhaul by upgrading its Vietnam war-torn civil-military airport for a valuation of USD 5.7 billion. The ambitious project is a part of Prime Mi...

L’Oréal develops lab-produced human skin to restrict product testing on animals, other cosmetic firms follow suit

L’Oréal, the renowned French cosmetics company, has been developing artificial human skin for all its ingredient and product testing procedures prior to their distribution in the market. This Clichy headquartered company has reportedly b...

Johnson & Johnson settles lawsuit filed by U.S. states, pharma magnate to pay USD 33 million

Johnson & Johnson, the renowned American healthcare giant, has reportedly finalized a settlement of USD 33 million with 43 states, in a bid to resolve the allegations piled against the company for marketing non-prescribed medicines that failed to...

San Diego Gas & Electric partners with Powin to construct a 26 MWh battery storage system in California

Powin Energy Corporation, a leading service provider of battery energy storage solutions for various sectors such as commercial & industrial, utility, and microgrid, has recently signed an agreement with the prestigious San Diego Gas & Electr...

Merck and UnitedHealth join forces, collaboration aims to improvise on drug payment plans

UnitedHealth Group, the notable American company operating in global healthcare market, has collaborated with Merck & Co., one of the most renowned pharmaceutical companies across the globe, with an aim to enhance drug payment plans. In effect, t...

Enterprise Ethereum Alliance includes industry biggies Merck and Toyota in the blockchain network

EEA (Enterprise Ethereum Alliance), an initiative to standardize the business version of Ethereum that focuses on blockchain technology, has recently expanded its portfolio by adding numerous companies to its membership chain such as Merck KGaA and T...

The best bet amid falling energy prices - Three oil stocks that are currently ripe for a deal

Energy prices are reportedly going downhill in the United States, despite the rapid economic growth of the country. Reliable sources state that not a single energy stock mutual fund in the United States has made money so far, since the beginning of 2...

FAA’s new UAV regulation will ease the inclusion of UAVs into civil-commercial applications, boosting the demand for small VTOL UAV

VTOL UAVs are are capable of performing vertical take-off and landing and do not require a runway. VTOL UAVs can be further classified into multi-rotors (quadcopters, hexacopters, and octocopters), helicopter-configured UAVs, and tiltrotor VTOL UAVs....

Global FPSO Industry – 65 FPSOs are expected to commence operations by the year 2020

Key Highlights A total of 65 FPSOs are expected to commence operations by the year 2020. However the start of the several planned FPSOs is estimated to be delayed due to declining upstream capital expenditure. In the global FPSO industry, South A...

Global Ammonia Industry – Ammonia Capacity to Grow 270.4 mmtpa in 2020

Key Highlights Global Ammonia capacity will experience considerable growth in the next five years, increasing from 224.9 mmtpa in 2015 to 270.4 mmtpa in 2020. Around 79 planned projects are slated to come online in the next five years, driven prim...

Urine Analyzers Medical Devices Industry Pipeline Assessment 2016

Urine Analyzers are automated or semi automated analytical laboratory equipments used in qualitative and semi-quantitative tests. It is performed on urine samples to determine specific contents of chemicals and proteins in the body. These tests are g...

Global Food Robotics Market to Showcase 15.20% CAGR Over 2019-2028

According to the research report titled ‘Global Food Robotics Market 2019-2028’, available with Market Study Report LLC, global food robotics market is anticipated to record a CAGR of 15.20% throughout 2019-2028.   Growing demand fo...

Global DNA Sequencing Market to Expand at A CAGR of 4.62% Over 2021-2028

According to the research report titled ‘Global Dna Sequencing Market 2021-2028’, available with MarketStudyReport, global DNA sequencing market is projected to exhibit significant gains with a 4.62% CAGR during the forecast timeframe of ...

Global Artificial Intelligence as A Service Market to Grow Substantially Over 2019-2027

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Global Continuous Glucose Monitor (CGM) Market to Record 17.24% CAGR Through 2025

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Asia Pacific Identity and Access Management Market to Surpass USD 3 Billion By 2024

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North America Automated Breast Ultrasound Systems (ABUS) Market to Cross USD 464 Million By 2024

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Asian Telemedicine Market to Register 9.8% CAGR Over 2020-2025

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Global Acne Market to Register Substantial Growth Over 2019-2024

As per the report titled ‘Global Acne Treatment Market: World Market Review By Product Type, Applications, By Region, By Country (2019 Edition): Opportunities and Forecast (2019-2024) – By Country (USA, Canada, Germany, France, UK, Italy,...

Thermoplastic Elastomers Market to amass momentous gains over 2019-2025

According to the latest study titled ‘Global Thermoplastic Elastomers (TPE) Market Insights, Forecast to 2025’ available with Market Study Report, the global thermoplastic elastomers market is expected to grow substantially by the year 20...