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CIP Reaches First Close on CI V at Nearly EUR 6 Billion – Set to Become the World’s Largest Fund of Its Kind

CIP Reaches First Close on CI V at Nearly EUR 6 Billion – Set to Become the World’s Largest Fund of Its Kind

COPENHAGEN, Denmark, July 10 (Korea Bizwire) — A large group of leading institutional investors across continental Europe, the Nordics, the UK, North America, and the Asia-Pacific region participated in the first close of CI V. Backed by the strong appetite of additional investors already in process, the fund is on track to reach its target [...]

Novotech Presents Technical Session on Clinical Trial Success Factors at BIOPLUS-INTERPHEX KOREA 2023

Novotech Presents Technical Session on Clinical Trial Success Factors at BIOPLUS-INTERPHEX KOREA 2023

SEOUL, Korea, July 10 (Korea Bizwire) — Novotech, the leading Asia Pacific centred biotech CRO with global execution capabilities will present a technical session at BIOPLUS-INTERPHEX KOREA 2023 for biotechs planning regional or global trials. Novotech’s Vice President, Global Head of Clinical Services Yooni Kim will open the session which will be followed by presentations [...]

Arbor Metals Applauds Canadian Government’s Commitment to Establish Canada as Global EV Supply Chain Leader

Arbor Metals Applauds Canadian Government’s Commitment to Establish Canada as Global EV Supply Chain Leader

VANCOUVER, British Columbia, July 10 (Korea Bizwire) – Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) commends the Canadian government’s resolve to cement Canada’s status as a global frontrunner in the electric vehicle (EV) supply chain. Arbor acknowledges the recent strides made by the government to back the evolution of the EV industry in Canada, as [...]

S. Korea Launches ‘K-rice Belt’ Initiative with 8 African Nations

S. Korea Launches ‘K-rice Belt’ Initiative with 8 African Nations

SEOUL, July 10 (Korea Bizwire) — South Korea launched the “K-rice belt” initiative with eight African nations Monday to provide them with quality rice varieties and share its farming know-how, ensuring their sustainable food security, the agriculture ministry said. As part of Seoul’s official development assistance (ODA), the project calls for supplying high-yield rice varieties [...]

Samsung Biologics Inks US$390.9 mln Manufacturing Deal with Novartis

Samsung Biologics Inks US$390.9 mln Manufacturing Deal with Novartis

SEOUL, July 10 (Korea Bizwire) — Samsung Biologics Co., the biotech arm of South Korea’s Samsung Group, said Monday it has signed a US$390.9 million deal with Novartis Pharma AG to manufacture the Switzerland-based pharmaceutical firm’s products. It is the final contract for an investment letter of intent announced in June last year, in which [...]

Samsung Electronics Files Patent Invalidation Suits Against U.S.-based Wireless Charging Firm

Samsung Electronics Files Patent Invalidation Suits Against U.S.-based Wireless Charging Firm

SEOUL, July 10 (Korea Bizwire) — Samsung Electronics Co. said Monday it has filed patent invalidation suits against Mojo Mobility over wireless charging technologies. The South Korean tech giant filed a series of lawsuits late last month at the United States Patent and Trademark Office against the California-based wireless charging technology firm. Last year, Mojo [...]

Department Stores Turn to Food Courts to Boost Sales

Department Stores Turn to Food Courts to Boost Sales

SEOUL, July 10 (Korea Bizwire) — South Korea’s major department stores are turning to the food business as part of efforts to defend against deteriorating performance resulting from an economic slump and contraction in consumption. Shinsegae Department Store has launched a complete renovation of the food court in its Gangnam outlet for the first time [...]