Company Overview and News
NAIROBI, Sept 13 (Reuters) - China Communications Construction Co has won a $398 million contract to build a new oil terminal at Kenya's main port of Mombasa, the acting head of the Kenya Ports Authority said on Thursday.
(Sept 13): Malaysian Prime Minister Mahathir Mohamad’s vigorous questioning of deals involving foreign money helped him pull off a surprise election win in May. Yet even as his stance continues to play well at home, the economic risks are rising.
KUALA LUMPUR, Sept 10 — The Malaysian government has finally decided to abort three China-backed pipeline projects after halting work on them, Bloomberg reported today.
KUALA LUMPUR: Malaysia has finally scrapped three China-backed pipeline projects after halting work on them following the shock elections in May that saw an opposition alliance assuming power for the first time in the country. A finance ministry spokeswoman confirmed that the country has canceled three China-backed pipeline projects. The Financial Times earlier cited Malaysian Finance Minister Lim Guan Eng saying he had sent a letter to"relevant parties in Beijing to terminate the planned projects.
SINGAPORE (Sept 10): Malaysia has finally scrapped three China-backed pipeline projects after halting work on them following the shock elections in May that saw an opposition alliance assuming power for the first time in the country.
HONG KONG (Sept 5): Two Chinese companies caught in Beijing's newly turbulent economic relationship with Malaysia said they see a way forward for stalled multibillion-dollar projects in the Southeast Asian country, looking to political leaders to break the impasse.
China blues: The collapsed deal would mean China remains a crucial missing piece for AirAsia Group chief executive officer Tan Sri Tony Fernandes, who has been expanding in the region with affiliates in Indonesia, Thailand, India, Japan and Vietnam to tap an aviation boom. — AFP
SINGAPORE, Aug 31 — AirAsia Group Bhd’s planned foray into China for a wider regional footprint suffered a setback after Southeast Asia’s largest budget airline failed to secure a deal with its local partners to tap the world’s second-biggest aviation market.
Revelers throw tomatoes at each other, during the annual "Tomatina", tomato fight fiesta, in the village of Bunol, 50 kilometers outside Valencia, Spain. At the annual "Tomatina" battle, trucks dumped 160 tonnes of tomatoes for some 20,000 participants to throw at each other.Photo: AP
JOHANNESBURG – Every day at sunrise, Alain Eko walks half an hour on a footpath cutting through a coastal forest to the edge of what’s to become the biggest deep-water port in central Africa.
BOLRF 1800 BOL
KUALA LUMPUR (Aug 29): Perplexed, wounded, indignant or still optimistic. The Chinese developer Country Garden Holdings Co. can put any spin it wants on its Forest City project, a $100 billion Malaysian township whose fate suddenly has been thrown into doubt after Mahathir Mohamad’s pointed refusal to let foreigners buy apartments or live in them long-term.
TUMPAT, Kelantan: The cancellation of the East Coast Rail Link (ECRL) will not affect economic activity and job opportunities in the three east coast states involved in the project, said Malaysia's Rural Development Minister Rina Harun on Thursday (Aug 23).
2018-09-18 - Asif
Overview Rigel Pharmaceuticals is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with immune and hematologic disorders, cancer and rare diseases. The company's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA-approved product is TAVALISSE™ (fostamatinib disodium hexahydrate), an oral spleen tyrosine kinase (SYK) inhibitor, for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The company's current clinical programs include Phase 2 studies of fostamatinib in autoimmune hemolytic anemia and IgA nephropathy, and a Phase 1 study for its IRAK program. In addition, Rigel Pharmaceuticals has product candidates in development with partners BerGenBio AS, Daiichi Sankyo, and Aclaris Therapeutics. Since inception, Rigel Pharmaceuticals h...
2018-09-18 - Asif
Overview The company design, develop and sell exoskeleton technology to augment human strength, endurance and mobility. The company's exoskeleton technology serves multiple markets and can be used both by able-bodied users as well as by persons with physical disabilities. Ekso Bionics has sold, rented or leased devices that (a) enable individuals with neurological conditions affecting gait (stroke and spinal cord injury) to rehabilitate and to walk again and (b) allow industrial workers to perform heavy duty work for extended periods. Today, its medical exoskeleton, Ekso GT, is used as a rehabilitation tool to allow physicians and therapists to rehabilitate patients who have suffered a stroke or spinal cord injury. With its unique features designed specifically for hospitals and its proprietary SmartAssist software, Ekso GT allows for the early mobilization of patients, with high step count and high dosage treatments. The intent is to allow the patient’s central nervous syst...
2018-09-18 - Asif
Overview Agile Therapeutics is a forward-thinking women’s healthcare company dedicated to fulfilling the unmet health needs of today’s women. Twirla® and its other current potential product candidates are designed to provide women with contraceptive options that offer greater convenience and facilitate compliance. The company's lead product candidate, Twirla, also known as AG200-15, is a once-weekly prescription contraceptive patch that is at the end of Phase 3 clinical development. Since its inception in 1997, Agile Therapeutics has devoted substantial resources to developing Twirla, building its intellectual property portfolio, business planning, raising capital and providing general and administrative support for these operations. The company incurred research and development expenses of $14.4 million, $20.9 million and $25.6 million during the years ended December 31, 2017, 2016 and 2015, respectively. The company incurred research and development expenses of $2.4 milli...
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