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European Commission Clears Alstom’s Acquisition of Bombardier Transportation

MONTRÉAL, July 31 (Korea Bizwire) — Bombardier (TSX: BBD.B) and Alstom welcome the European Commission’s decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on certain proposed engagements that consist of: A transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train and [...]

Samsung Bioepis Gets Nod for Biosimilar Drug in Europe

SEOUL, Aug. 25 (Korea Bizwire) — South Korean biopharmaceutical firm Samsung Bioepis Co. said Friday it has won approval from European authorities for the sale of its biosimilar drug Imraldi. The European Commission (EC) accepted Samsung Bioepis’ application to sell the biosimilar referencing AbbVie Inc.’s Humira, the company said in a regulatory filing. The drug [...]

S. Korea Tops Innovation Performance: European Commission

SEOUL, Jul. 25 (Korea Bizwire) — South Korea topped a list of most innovative countries, data showed Sunday, outpacing other key countries around the globe, including the United States and Japan. According to the data compiled by the European Commission, South Korea had the highest global innovation performance, with a score of 0.726, hovering above [...]