A news of great relief for Colorado’s oil and gas industry came on Monday as Colorado’s Supreme Court ruled in favor of oil and gas companies which after the decision won’t require environmental permits from Colorado Oil and Gas Commission (COGCC). The Martinez case which dragged on for years has seen some major ups and …
Author Archives: Sandali
Open Bionics, The UK-based Tech Startup has Raised $5.9 Million in Series-A Funding for its Affordable 3D Printed Bionic Limbs
Open Bionics, named as one of the hottest startups in Europe, has bagged a $5.9 million funding for its affordable and cool bionic limbs. The startup having already received praises from Dalai Lama produces bionic limbs for children and adults using 3D printing technology. The limbs are cheap, lightweight and fashionable are medically certified and …
EU Member States are Devising Post-Brexit Contingency Plans for Essential Drugs Supply as UK Grapples with Deal-No-Deal Ambiguity
Brexit’s uncertainties have plagued all industries alike, pharmaceuticals is no exception either. As UK heads for a possible no deal Brexit this year, Germany’s drug regulator has assured its patients that Brexit will not expose them to a loss of access to essential drugs. Ireland is drawing up a list of 24 most vulnerable medicines …
Boston Scientific Settles Longstanding Patent Lawsuit with Irvine-based Edward Lifesciences for $180 Million
Edwards Lifesciences is on the cusp of resolving the longstanding patent dispute with Marlborough, MA-based Company Boston Scientific over the Transcatheter aortic valve replacement device patents. The Irvin, CA based company has agreed pay $180 million as one-time payment to Boston Scientific. The companies were involved in multiple patent office lawsuits and disputes in Germany, …
Centre for Process Innovation Starts a Project Aimed at Improving Pharmaceutical Processes through Simulation-based Computer Modelling
An InnovateUK initiative with cumulative funding of £700,000 is aimed at helping pharmaceuticals to manufacture particulates by the use of computer simulations. The Project is called Manufacturing of Particulate Process. The project which is led by Centre for Process Innovation is a 2 year long project which will improve the productivity of industrial processes through …
Vestager to Face Questions on Her Blocking the Alstom-Siemens Merger Deal at the Strasbourg Meet
Margrethe Vestager, EU Competition Commission’s chief will be facing questions from a college of EU commissioners about her decision to block one of the biggest mergers in the European Union which involves the corporate merger of Germany’s Siemens and France’s Alstom. The merger of the two industrial heavyweights which manufactures rail parts is supported by …
Microsoft and Walgreen Both Biggest Names in Their Respective Fields have Signed a Deal for Innovation in Health-Technology Space
Microsoft has joined hand with pharmaceutical manufacturing and distribution company Walgreens Boots Alliance for its cloud computing solutions. The pharmacy chain as part of this strategic partnership will use Microsoft’s Azure cloud computing software as the two companies start innovation in healthcare sector. Under the deal which spans seven years, Microsoft will provide Walgreens Boots …
New Data Released by Eurostats Confirm Fears of European Economic Slowdown with Major Economies Already in Recession
Europe is facing a an economic slowdown with two of its largest economies already on the brink of recession according the recent release of statistics report by Eurostat which is EU’s central agency for handling economic statistics. With US- China trade war and consequent slowdown in China the world’s second largest economy, the European as …
Facebook Plans to Help Local News Organizations Find Profitable Business Models Through a $300 Million Investment
Facebook has announced plans to invest $300 million in local news organizations worldwide over the coming three years. The social media giant often a recipient of egregious accusations of being the doom of local news business worldwide seems to address these by its investment plans. The plan includes investment of both money and time by …
Safer Substitutions to Sleeping Pills that Keep the Functioning of Brain Intact
Multiple factors have contributed in the increasing sleeping disorders in adults, which in turn have surged the demand for sleeping pills. A new research published by Behavioral Neuroscience in the Frontiers journal proposes a safer substitute to sleeping pills. As compared to conventional sleeping pills which strongly cause drowsiness and prevent the transmission of any …
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