Mitsui USA, PurThread Partner to Offer PurThread’s Technology in Asia

Mitsui & Co., Inc. (Mitsui USA) and PurThread Technologies, Inc. have announced an expanded partnership to bring patented permanent antimicrobial yarns of PurThread combined with recycled polymers to the production and distribution of soft goods and textiles in Asia. As the current pandemic evolves to be more endemic, businesses and consumers alike are seeking solutions […]

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Addverb Technologies Expands its US Presence with Robotics R&D Center

Addverb Technology, a leading automation solutions provider for distribution and warehouses, announced the opening of a new Center of Excellence for Advanced Robotics Research and Development in California. The new center will focus on developing platforms for autonomous mobile robotic and automated guide vehicles and advanced algorithms for human-machine partnerships and biomedical robotics. The head […]

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European Commission Prohibits Acquisition of GRAIL by Illumina

The European Commission has prohibited the implemented acquisition of GRAIL by Illumina under the European Union Merger Regulation. The merger will reduce choice, and stifle innovation in the emerging market for early cancer detection tests. Illumina does not offer sufficient remedies to address these concerns. Margrethe Vestager, executive vice-president of the European Commission, said that […]

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US FDA Grants Moleculin Orphan Drug Designation of WP1122 to Treat Glioblastoma Multiforme

The US Food and Drug Administration (FDA) has granted Orphan Drug Designation of WP1122 to Moleculin Biotech, Inc., a clinical-stage pharmaceutical company, for the treatment of Glioblastoma Multiforme (GBM). Walter Klemp, chairman and CEO of Moleculin Biotech, Inc., said the receipt of Orphan Drug Designation is represents an important milestone for their promising WP1122 development […]

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