LONDON: Concepta PLC, the innovative UK personalised healthcare company and developer of the proprietary self-test platform (myLotus), the UK’s most accurate home-use fertility tracking and pregnancy testing system, announces that it has agreed to outsource manufacturing for myLotus; reducing overheads costs for the Company and allowing it to focus on product commercialisation. To this end,…
DeepMatter’s technology selected by Cancer Research UK Beatson Institute
LONDON: DeepMatter Group, company focusing on digitising chemistry, has signed a contract with the Cancer Research UK Beatson Institute and Cancer Research Technology (the commercialisation and development arm of Cancer Research UK) for its DigitalGlassware platform. The technology will be installed within the institute’s Drug Discovery Unit to enable the accurate and reproducible sharing of…
China’s Huawei Technologies becomes top corporate patent filer for 3rd consecutive year
BEIJING: According to the World Intellectual Property Organization (WIPO) data, China’s Huawei Technologies, the world’s biggest maker of telecoms equipment, has become the top corporate patent filer for the third consecutive year. Hence, in a first, China knocks U.S. from top spot in global patent race. WIPO, which oversees a system for countries to share…
Outlook on private mortgage insurers revised to negative as COVID-19 hits housing market
OLDWICK: U.S. based rating agency, AM Best has revised its market segment outlook on the private mortgage insurance segment to negative from stable, as the COVID-19 pandemic has introduced uncertainty in the viability of the primary and secondary markets for mortgages. The mortgage market is considerably healthier than it was during the 2008 credit crisis,…
Mota Ventures to acquire additional revenue producing CBD operations in Europe and North America
VANCOUVER: Mota Ventures Corp., an established direct to consumer provider of a wide range of CBD products in the United States and Europe, provides an update on the recent progress that is fueling the increase in sales for products under its First Class CBD brand. The Immune Support product line has been received exceptionally well…
AM Best revises Canada life insurance industry outlook to negative
OLDWICK: Global rating agency, AM Best has revised its market segment outlook on Canada’s life insurance industry to negative, owing to the significant disruption to the financial markets caused by the outbreak of COVID-19. Concurrently, AM Best is maintaining its stable outlook on Canada’s property/casualty industry. In its Best’s Market Segment Report on Canada’s life…
IDEX Biometrics, FEITIAN achieve certification for China UnionPay dual-interface biometric payment card requirements
OSLO: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, announced that its dual interface technology is included in FEITIAN Technologies Co., Ltd.’s certified biometric contactless payment card solution. FEITIAN is one of the world’s leading suppliers of smartcard operating system and digital security system solutions serving more than 200 banks…
Fitch affirms Sabra’s credit rating and outlook
IRVINE: Sabra Health Care REIT announced that Fitch Ratings has affirmed the ratings for Sabra and its subsidiaries at ‘BBB-‘; Fitch’s Rating Outlook of Negative also remains unchanged. The report notes Sabra’s portfolio quality and diversification, strong liquidity and no near-term maturities as key drivers for its ratings decisions. Fitch also views Sabra’s recent decision…
QuestCap has appointed Neil Said as Chief Executive Officer
TORONTO: QuestCap Inc. announced its new investment strategy for the Company and the appointment of a new CEO to drive the strategy forward. The Company has outlined three new strategic directions for its investment strategy: MedQuest, ClimateQuest, and TechQuest. These divisions will focus on investments in public health, mitigating climate change and innovative technologies, respectively….
Active Energy acquires 100% interest in all joint venture lumber activities at Lumberton
LONDON: Active Energy (AEG), the international biomass based renewable energy business, has entered into an agreement with its joint venture partner Renewable Logistics Systems LLC (RLS), whereby AEG will secure 100% control and ownership of the saw mill and saw log export activities based at AEG’s industrial site in Lumberton, North Carolina, which are currently…
Rosneft sells its Venezuelan assets
MOSCOW: Rosneft Oil Company announced the termination of its operations in Venezuela and the disposal of its assets, related to operating in Venezuela. Today Rosneft concluded an agreement with the company 100% owned by the Government of Russian Federation, to sell all of its interest and cease participation in its Venezuelan businesses, including joint ventures…
Talisker expands land position at Bralorne Gold Project
TORONTO: Talisker Resources Ltd. has expanded its land position in the Bralorne Gold Camp with the acquisition of the Royalle property increasing the strike length of Talisker’s 100% owned Bralorne Gold Project. Under the terms of the agreement, Talisker has agreed to pay $60,000 cash and to issue 600,000 common shares of Talisker. The Vendor…