Posts By: Raghuram Kadari

German pharma giant Boehringer Ingelheim has entered into a co-development and license agreement with US-based Inflammasome Therapeutics to develop new retinal disease therapies and reduce the patient burden for eye diseases. The company is planning to develop up to three therapies for patients with retinal diseases by integrating its retinal disease pipeline portfolio compounds with […]

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US pharma company Avior Bio has agreed to acquire Sono-Tek ultrasonic coating equipment in a transaction based on cash and equity to advance kidney disease treatment, as per the latest medical device industry news. Sono-Tek ultrasonic spray systems are based on proprietary ultrasonic nozzle technology and are used for a range of spray applications such […]

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Koninklijke Philips (Royal Philips), a Dutch medical equipment company, is planning to sell its remaining 10.7% stake in its former lighting division Signify NV. The planned transaction is part of Royal Philips’ target to fully divest its interest in Signify. Royal Philips has launched an accelerated bookbuilding to sell its 13.8 million shares in Signify, […]

DataDirect Networks acquisition of IntelliFlash : Big data storage supplier DataDirect Networks (DDN) has agreed to acquire IntelliFlash, an enterprise storage business, from Western Digital, a US data storage company, for an undisclosed price. The acquisition of IntelliFlash will consolidate the position of DataDirect Networks as a value-added artificial intelligence and multi-cloud data management solutions […]

BancPlus acquisition of State Capital Corp. : BancPlus and State Capital Corp. have agreed to merge to create a premier regional bank in the US in an all-stock deal worth around $136.5 million, as per the latest banking acquisition news. While BancPlus is the parent company of BankPlus, State Capital Corp. is the holding company […]

Fortress Development, a US real estate developer, has broken ground on $1-plus billion worth Avenue Bellevue project in Bellevue, Washington involving the development of luxury residential, hotel, and retail spaces. Avenue Bellevue located on the corner of NE 8th Street and Bellevue Way will include two residential towers – the South Tower Estate Homes and the West […]

Coca Cola HBC acquisition of Lurisia : Coca Cola Hellenic Bottling Company (Coca Cola HBC), a Swiss bottling partner of The Coca‑Cola, has agreed to acquire Lurisia, an Italian natural mineral water and adult sparkling beverages firm, for the total enterprise value of €88 million (US$97 million). The acquisition executed through Coca Cola HBC’s wholly-owned […]