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Teva Announces Successful Upsizing and Pricing of $2,300,000,000 (Equivalent) Senior Notes; Proceeds to Repay Existing Debt

TEL AVIV, Israel, May 20, 2025 (Korea Bizwire) – Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) (“Teva”) announced today that it successfully upsized its offering and priced approximately $2,300,000,000 (equivalent) of its senior notes (the “Notes”). The principal amount of the offering was increased from the previously announced offering size of $2,000,000,000 (equivalent). Teva expects [...]

TrialWire the AI and Algorithm-powered Platform Named a Fierce CRO Award Finalist in the “Outstanding Patient Recruitment and Retention” Category

TrialWire™ is the risk-share pay-per-enrolled AI and algorithm-powered patient recruitment Platform built on Salesforce Health Cloud for industry-leading patient data and IP security SAN FRANCISCO, May 20, 2025 (Korea Bizwire) – TrialWire today announces it was named a Fierce CRO Award finalist by Fierce Biotech in the Outstanding Patient Recruitment and Retention category. TrialWire is the AI and algorithm-powered patient-recruitment and enrollment platform, purpose-built [...]

Fitch Ratings Agency Upgrades Teva Rating to BB+ Recognizing Successful Execution of Its Pivot to Growth Strategy

TEL AVIV, Israel, May 20, 2025 (Korea Bizwire) – Teva Pharmaceuticals (NYSE and TASE: TEVA) today announced that Fitch Ratings Agency (“Fitch”) has raised the Company’s corporate credit rating to BB+, with a stable outlook; from BB. Fitch’s report cites Teva’s progress in reducing debt and improving flexibility, expects continuous revenue growth from AUSTEDO and AJOVY, [...]

Verisk Welcomes Christopher Perry and Sabra Purtill to its Board of Directors

Jersey City, N.J., May 20, 2025 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Christopher J. Perry and Sabra R. Purtill have been elected to the company’s Board of Directors, effective immediately. Perry is president of Broadridge Financial Solutions, Inc. (NYSE: BR). Purtill is an experienced executive of [...]

Marriage and Birth Intentions Rise Among Young Koreans, Survey Finds

SEOUL, May 21 (Korea Bizwire) – A growing number of young South Koreans are expressing a willingness to marry and have children, marking a shift in societal attitudes amid the country’s ongoing battle with low birth rates. According to survey results released Tuesday by the Presidential Committee on Ageing Society and Population Policy, the share of [...]

Hoban Construction Tests Painting Robot for Safer, Greener Building Sites

SEOUL, May 21 (Korea Bizwire) — Hoban Construction has successfully completed a pilot test of a smart robotic system designed to automate exterior wall painting at construction sites, the company announced Tuesday. The robot, named “Rollot,” was developed by automation specialist WPS, a startup discovered through Hoban’s open innovation program. Rollot moves vertically along wires [...]

Ethnic Korean Chinese Workers Dominate South Korea’s Construction Sector, Report Finds

SEOUL, May 21 (Korea Bizwire) — Roughly 230,000 foreign nationals worked in South Korea’s construction industry in 2024, accounting for 14.7% of the sector’s total workforce, according to a new report released Tuesday by the Construction Workers Mutual Aid Association. Of these, over 83% were ethnic Korean Chinese, or Joseonjok, highlighting their dominant role in [...]

AI Disrupts Developer Hiring Landscape, Driving Demand for High-Skilled Talent

SEOUL, May 21 (Korea Bizwire) – As generative AI tools increasingly take over routine coding tasks, South Korea’s software industry is witnessing a growing polarization in developer hiring, with demand surging for high-skilled talent and declining for junior-level programmers. According to a new report released Monday by the Software Policy & Research Institute, the convergence of [...]

HD Hyundai Construction Equipment Unveils Smart Factory to Anchor Global Production

SEOUL, May 21(Korea Bizwire) — HD Hyundai Construction Equipment, a core subsidiary of HD Hyundai, has completed the transformation of its Ulsan plant into a next-generation smart factory designed to serve as a global production hub, the company announced Tuesday. At a ceremony held May 20 at its Ulsan campus, HD Hyundai Chairman Kwon Oh-gap, [...]

HYCU Delivers Industry-First Backup for Microsoft 365 and Cloud Services With 100% Data Control and Storage Efficiency

Improve Control and Cut Storage Costs for SaaS and Cloud Backups through Native Integration with Dell PowerProtect Data Domain Virtual Edition Las Vegas, Nevada, May 20, 2025 (Korea Bizwire) – HYCU, Inc., a leader for modern data protection for on-prem, cloud, and SaaS and one of the fastest growing companies in the industry, announced enhanced support [...]