Tag archive for ‘China’
CNOOC begins production from the Liuhua 29-2 gas field
By businessnewstoday On Saturday, May 8th, 2021
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Liuhua 29-2 gas field : CNOOC begins production from South China Sea field

(adsbygoogle = window.adsbygoogle || []).push({}); CNOOC, a Chinese state-owned oil and gas company, has started production from its 100% owned Liuhua 29-2 gas field in the South China Sea. The Liuhua More...

Transcenta gets US FDA clearance for launching phase 1 trial of TST005
By businessnewstoday On Tuesday, April 20th, 2021
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Transcenta gets US FDA clearance for launching phase 1 trial of TST005

Transcenta has secured clearance of its investigational new drug (IND) application for TST005 from the US Food and Drug Administration (FDA) for launching a phase I clinical trial of the bi-functional anti-PD-L1/TGF-β More...

Genworth Financial scraps $2.7bn merger deal with China Oceanwide
By businessnewstoday On Wednesday, April 7th, 2021
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Genworth Financial scraps $2.7bn merger deal with China Oceanwide

US insurance company Genworth Financial said that it has exercised its right to scrap its $2.7 billion merger deal with Chinese investment company China Oceanwide owing to regulatory obstacles. The deal was signed More...

Lamb Weston to build $250m french fry processing facility in China
By businessnewstoday On Sunday, March 28th, 2021
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Lamb Weston to build $250m french fry processing facility in China

Lamb Weston said that it will construct a new french fry processing facility in China with an investment of around $250 million. According to the US potato processing company, the new french fry production plant More...

AIA Group signs $650m bancassurance deal with Bank of East Asia
By businessnewstoday On Wednesday, March 24th, 2021
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AIA Group signs $650m bancassurance deal with Bank of East Asia

AIA Group has signed a new exclusive 15-year bancassurance deal worth HK$5.07 billion ($650 million) with The Bank of East Asia (BEA), which covers Hong Kong and Mainland China. As per the terms, Bank of East Asia More...

China-based Innoforce Pharmaceuticals raises $96m in Series A round
By businessnewstoday On Monday, March 22nd, 2021
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China-based Innoforce Pharmaceuticals raises $96m in Series A round

Innoforce Pharmaceuticals, a Chinese biopharmaceutical innovation and partnership company, has raised CNY625 million ($96 million) in a Series A financing round. The Series A round was co-led by South China Venture More...

CNOOC begins production from the Caofeidian 6-4 oilfield in Bohai Sea
By businessnewstoday On Tuesday, March 16th, 2021
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Caofeidian 6-4 oilfield : CNOOC begins production from offshore Chinese field

Chinese national oil company CNOOC has started production from its fully-owned Caofeidian 6-4 oilfield in the Bohai Sea in China. The Caofeidian 6-4 oilfield is located in the midwest of the Chinese sea, with average More...

Regor Therapeutics raises $90m for CARD platform in Series B funding round
By businessnewstoday On Tuesday, February 23rd, 2021
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Regor Therapeutics raises $90m for CARD platform in Series B funding round

Regor Therapeutics has raised $90 million in a Series B financing round towards the discovery and development of discovery of drugs for cancer, immune disorders, and metabolic diseases by leveraging its Computer More...

Hindalco subsidiary Novelis to invest $300m to expand Chinese aluminium factory
By businessnewstoday On Friday, February 12th, 2021
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Hindalco subsidiary Novelis to invest $300m to expand Chinese aluminum factory

Novelis, a subsidiary of Hindalco Industries, will invest nearly $300 million to expand its automotive aluminum capabilities and recycling operations at its Zhenjiang aluminum factory in China. In this connection, More...

By pharmanewsdaily On Sunday, February 7th, 2021
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AstraZeneca scores Chinese approval for heart failure therapy Forxiga

AstraZeneca said that Forxiga (dapagliflozin) has secured approval in China for its use in the reduction of the risk of cardiovascular (CV) death and hospitalization for heart failure (hHF) in adults having heart More...