ASLAN, BioGenetics ink deal to commercialize AML therapy in S. Korea

ASLAN would grant BioGenetics exclusive rights for commercializing ASLAN003 in South Korea The therapy showed early signs of efficacy and safety in refractory and relapsed AML patients Clinical-stage oncology-focused biopharmaceutical ....

Suven enters new purchase agreement to acquire Rising Pharma assets

Suven has entered the asset purchase agreement through its JV partner, Shore Suven Pharma, Inc.   Following the deal’s announcement Suven Life shares went up by 0.45%, trading at approximately INR 268 apiece. Suven Life Sci....

GTx Inc. announces merger with San Diego-based Oncternal Therapeutics

The companies are planning for a reverse merger which would end the Memphis operations of GTx   The merger will create a publicly traded, clinical-stage firm to develop novel cancer treatments GTx Inc., a Tennessee based pharmace....

Softbank launches $5B fund for Latin America’s technology landscape

The fund will be used to pour in capital for the development of technology startups in Latin America.   The fund’s location for headquarters remains undecided so far. Japanese holding conglomerate Softbank has apparently ma....

Cisco pours in CAD 15 million to expand footprint in Western Canada

The funding will be used to mainly augment job generation and skills development across Western Canada. Multinational technology conglomerate Cisco has reportedly announced that it plans to invest CAD 15 million in Western Canada’s s....

Johnson & Johnson’s Spravato gets FDA approval for treating depression

The drug is aimed at patients with severe depression who have shown resistance to two antidepressants they have tried. The U.S. Food & Drug Administration (FDA) has recently granted approval for Spravato, the ketamine-derived nasal spr....

Grab seeks more investment after record $4.5B funding round in SE Asia

Grab will look to partner with more companies that can provide complementary technology and services to help grow its business in the region Grab, the ride-hailing company headquartered in Singapore, is reportedly planning to raise more fu....

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