World Archives | Be Korea-savvy

Archive by category World

Abeona Therapeutics Receives Orphan Drug Designation in the European Union for ABO-101 Gene Therapy in Sanfilippo Syndrome Type B

Abeona Therapeutics Receives Orphan Drug Designation in the European Union for ABO-101 Gene Therapy in Sanfilippo Syndrome Type B

NEW YORK and CLEVELAND, Jan. 19 (Korea Bizwire) — Abeona Therapeutics Inc. (Nasdaq:ABEO), a clinical-stage biopharmaceutical company focused on developing gene therapies for life-threatening rare diseases, announced today that the European Medicines Agency (EMA) Committee for Orphan Medicinal Products has granted Orphan Drug Designation (EMA/OD/226/16) for Abeona’s gene therapy program ABO-101 for children impacted by [...]

Colliers International Completes US$700 Million Revolving Credit Facility

Colliers International Completes US$700 Million Revolving Credit Facility

TORONTO, Jan. 18 (Korea Bizwire) — Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) (“Colliers“) announced today that it has expanded and extended its multi-currency revolving credit facility (the “Facility”) to reinforce its already strong financial position and increase its flexibility for future growth. Borrowing capacity has been expanded to US$700 million, from US$525 million, and the [...]

China Mobile Selects Brocade NFV Software Appliance to Support Internet Plus Mission

China Mobile Selects Brocade NFV Software Appliance to Support Internet Plus Mission

BEIJING, CHINA, Jan. 18 (Korea Bizwire) – Brocade (NASDAQ: BRCD) today announced that China Mobile Ltd (SEHK: 0941) (NYSE: CHL), the world’s largest mobile communications service provider, has selected an advanced network functions virtualization (NFV) solution from Brocade to support its most strategic corporate development initiative. Deployment of the Brocade® Virtual Traffic Manager (vTM) within [...]

UBS Signs Strategic Multi-Year Agreement with EPAM to Boost Innovation

UBS Signs Strategic Multi-Year Agreement with EPAM to Boost Innovation

NEWTOWN, Pa., Jan. 17 (Korea Bizwire) — EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, today announced that UBS AG, the world’s largest wealth manager, has signed a multi-year strategic framework agreement. For the past nine years, UBS and EPAM have collaborated to stay at the forefront of [...]

Perfectus Files Claim to Recover Losses Related to Aluminum Seizure

Perfectus Files Claim to Recover Losses Related to Aluminum Seizure

ONTARIO, Calif., Jan. 16 (Korea Bizwire) — Perfectus Aluminum Inc. filed today a claim against the U.S. government seeking monetary damages. In its claim, Perfectus seeks reimbursement for millions of dollars in storage costs that it incurred as a result of the government’s wrongful conduct in detaining its export shipment of aluminum pallets at the Long Beach [...]

PwC: CEO Confidence Rises Despite New Risks and Uncertainty

PwC: CEO Confidence Rises Despite New Risks and Uncertainty

DAVOS, Switzerland, Jan. 16 (Korea Bizwire) — While CEOs around the world feel they have plenty to worry about in the year ahead, their confidence in their own growth prospects and their outlook for the global economy are back on the rise. Graphics accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/77eaac3e-f05b-4fc2-b82a-ee926f9078e1 http://www.globenewswire.com/NewsRoom/AttachmentNg/f27a6ebc-f247-494a-bb07-e4507f11b772 In PwC’s 20th annual survey [...]

IHS Markit Names BroadSoft The UCaaS Platform Global Market Share Leader

IHS Markit Names BroadSoft The UCaaS Platform Global Market Share Leader

GAITHERSBURG, Md., Jan. 16 (Korea Bizwire) — BroadSoft, Inc. (NASDAQ:BSFT), has been identified by IHS Markit as the global Unified Communications as a Service (UCaaS) platform leader, with 38% of the total worldwide UCaaS seats running on its platforms, as of the second quarter of 2016.  According to the IHS study, the BroadSoft UCaaS global [...]

Colliers International Expands in Denmark

Colliers International Expands in Denmark

TORONTO, Jan. 12 (Korea Bizwire) — Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) announced today that it has acquired a controlling interest in Colliers International Denmark (“Colliers Denmark”). Senior management of Colliers Denmark will retain the balance of the equity under Colliers International’s unique enterprise partnership model. The acquisition [...]

RedHill Biopharma Provides 2017 Semi-Annual Business Update

RedHill Biopharma Provides 2017 Semi-Annual Business Update

TEL-AVIV, Israel, Jan. 12 (Korea Bizwire) — RedHill Biopharma Ltd. (NASDAQ:RDHL) (TASE:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today provided an update on key programs, potential milestones and estimated timelines. Micha [...]