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New Study Underscores How Heated Tobacco Products Are Disrupting the Cigarette Industry
A new study shows that the entry of heated tobacco products (HTPs) triggered a remarkable reduction in combustible cigarettes sales in Japan. “The decline in smoking rates among adults in…
Capri Opens All Versace, Michael Kors Stores in China
Global fashion luxury group Capri Holdings Limited announced that all of its 288 Versace, Michael Kors, and Jimmy Choo stores in Greater China are already open, following the closure in…
NASA Picks 8 Manufacturers for Covid-19 Ventilator
CALIFORNIA – NASA’s Jet Propulsion Laboratory (JPL) in Southern California has picked eight US manufacturers from a list of 100 applicants to make a new ventilator tailored for coronavirus (Covid-19)…
Brazil Posts 26,417 new Covid-19 Cases in 24 Hours
SAO PAULO – Brazilian authorities said a record 26,417 new cases of the people infected with the coronavirus (Covid-19) were reported in the last 24 hours, raising the country’s total…
S&P Affirms Philippines ‘BBB+’ Rating, ‘Stable’ Outlook
MANILA – In recognition of the Philippines’ sound macroeconomic fundamentals going into the COVID-19 pandemic and its perceived ability to bounce back from the crisis, international debt watcher S&P Global…
After Scientific Breakthrough: Digid Seeks FDA Approval for Its Rapid Corona Antigen Test
At the high-security laboratory of the Helmholtz Centre for Infection Research (HZI) in Braunschweig, Germany, the revolutionary Cantisense(TM) technology of the German health technology company Digital Diagnostics AG was used…
Ping An Voyager Fund Leads US$35m Funding in Digital Dentistry Platform PlusDental
Ping An Voyager Fund, the Hong Kong-based investor in growth stage fintech and healthcare companies, has led the US$35-million Series C funding round in digital dentistry platform PlusDental, which seeks…
Chelsfield Asia Hits Final Close of Asia Fund at US$362.5m
Chelsfield Asia, a unit of London-headquartered real estate investor Chelsfield, has made the final close of its first Pan-Asia value-add fund at US$362.5 million, according to an announcement. The fund…
Swiss Perfume and Taste Firm Firmenich Buys Ingredients Maker DRT
Firmenich International, the world’s largest privately-owned perfume and taste company, has announced its acquisition of Les Dérivés Résiniques et Terpéniques (DRT). Founded in 1932, DRT is a developer and supplier…
Allianz Real Estate Acquires Residential Assets in Japan
JAPAN – Allianz Real Estate, the dedicated real estate investment manager of the Allianz Group, has acquired a portfolio of prime multi-family residential assets in Tokyo for approximately EUR110 million…
PH Digest: Overseas Filipinos with Covid-19 hit 2,845
The number of Filipinos abroad who have been infected by the new coronavirus disease 2019 (Covid-19) has now hit 2,845, according to the Department of Foreign Affairs (DFA). On Friday,…
South Korea’s K-Startup Grand Challenge 2020 Accepting Applicants
Seoul – For global entrepreneurs and startups who want to explore business opportunities in South Korea and expand business in Asia, the Korean government’s ace program K-Startup Grand Challenge is…
Paice, Abell, and Daimler Agree to License Patented Technology
Paice and Daimler have reached an agreement to license patented hybrid technology. Paice was an early leader in electrified vehicles. The company was awarded its first hybrid vehicle patent in…
PH-listed Filinvest Posts 8% Growth in Q1 Net Income
Philippine-listed diversified conglomerate Filinvest Development Corp (FDC) disclosed that its net income in the first three months of this year grew by 8 per cent to P3 billion (US$60 million)…
Superfanz Launched in Vietnam with Top Actors and Live On
Liveon, one of Vietnam’s leading movie studios, partners with Superfanz to kickoff its next CJ-backed blockbuster film and give fans unprecedented access to the movie’s cast. After the recent soft…
Sino Biopharmaceutical Announces 2020 First Quarterly Results
Revenue was approximately RMB6.22 Billion; Profit Attributable to Owners of the Parent was approximately RMB862 Million Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Company”, together with its subsidiaries, the “Group”)…
Nature Publishes Preclinical Characterization and Primate Efficacy Data on Junshi Biosciences’ COVID-19 Neutralizing Antibodies
CB6 demonstrated prophylactic and treatment effects in rhesus monkeys Clinical testing expected to begin in second quarter in collaboration with Eli Lilly and Company Junshi Biosciences (HKEX: 1877) a leading…
Mainetti to launch M-care PPE Range
Mainetti Group is pleased to announce the launch of its new range of personal protective equipment (“PPE”) – M-care, which will be available to all customers to support them in…
Kingsoft Announces 2020 First Quarter Results
Global MAU of WPS Family Reached Record Highs Kingsoft Cloud Successfully Listed on NASDAQ Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and…
Novotech and Endpoints to present APAC Clinical Trial webinar series
Leading Asia-Pacific biotech specialist CRO Novotech will collaborate with Endpoints, the independent biotech news platform, for a series of webinars on the advantages of conducting clinical trials in the Asia-Pacific.…