SAN JOSE: Spectra7 Microsystems Inc., a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announced its unaudited financial results for the three months period ended March 31, 2020. Q1 2020 Financial Summary: Revenue for Q1 2020 was approximately $0.1 million, representing a decrease of approximately 89% over the prior quarter and approximately…
Dr. Reddy’s Laboratories enters into a licensing agreement with Gilead Sciences for Remdesivir
PRINCETON: Dr. Reddy’s Laboratories has entered into a non-exclusive Licensing Agreement with Gilead Sciences, Inc. (Gilead) that will grant Dr. Reddy’s the right to register, manufacture and sell Gilead’s investigational drug, Remdesivir, a potential treatment for Covid-19, in 127 countries including India. Dr. Reddy’s will receive technology transfer from Gilead for manufacturing of this drug….
Lendlease Global wins tender to redevelop Grange Road car park into a plug and play event space
SINGAPORE: Lendlease Global Commercial Trust Management, the manager of Lendlease Global Commercial REIT (LREIT), announce that LREIT has won the joint tender by the Singapore Land Authority, Singapore Tourism Board and Urban Redevelopment Authority to redevelop the 48,200 square feet car park at Grange Road into a new multi-functional event space. The bid was awarded…
Credit ratings of Health Services Welfare Society affirmed
SINGAPORE: Insurance sector rating agency, AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Health Services Welfare Society Limited (New Zealand), trading as Accuro Health Insurance (Accuro). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Accuro’s balance sheet strength, which…
AM Best affirms credit ratings of MS Amlin AG and Lloyd’s Syndicate 2001
LONDON: AM Best has affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of MS Amlin AG (Switzerland), and Lloyd’s Syndicate 2001 (Syndicate 2001) (United Kingdom), which is managed by MS Amlin Underwriting Limited. The outlook of these Credit Ratings remains stable. MS Amlin AG’s ratings reflect…
Mitsui and Yamasa complete Spaceflight acquisition
SEATTLE: Satellite rideshare launch provider Spaceflight Inc. announced its acquisition by Mitsui & Co., Ltd., in partnership with Yamasa Co., Ltd., is now complete with the final review of the Committee on Foreign Investment in the United States (CFIUS). In February 2020, Spaceflight’s parent company, Spaceflight Industries, announced it had signed an agreement with the…
Westcliff University launches new college of technology and engineering
IRVINE: Westcliff University is announcing the launch of its new College of Technology and Engineering (COTE). As a teaching and learning institution that embraces innovation and discovery, the COTE at Westcliff is appealing to a broad range of students who are seeking advanced degrees in fields of emerging technology. The college, led by Dr. George…
GigNet completes installation of 14-kilometer fiber-optic broadband network
CHICAGO: GigNet, a digital infrastructure company with a 200-kilometer fiber-optic broadband network from Costa Mujeres to Cancun to Tulum, has completed the installation of an additional 14-kilometer fully redundant fiber-optic broadband network from downtown Tulum along the Hotel Zone to the entrance of the Sian Ka´an Biosphere Reserve. Victor Mas Tah, Mayor of Tulum, said,…
Colony Capital to present at the 2020 Wells Fargo Virtual 5G Forum
LOS ANGELES: Colony Capital Inc. announced Marc Ganzi, CEO – Digital Colony, CEO-elect – Colony Capital, Inc. and two executives affiliated with Digital Colony, its digital infrastructure platform, will present and participate in panel discussions at the 2020 Wells Fargo Virtual 5G Forum on Thursday, June 18, 2020. The Company will also be conducting virtual…
Spark Networks to present at the Canaccord Genuity 40th annual global growth conference
BERLIN: Spark Networks SE, one of the world’s leading online dating platforms, announced that members of its management team will participate in the upcoming Canaccord Genuity 40th Annual Growth Conference. The event is virtual and will take place between August 11-13, 2020. Additionally, Spark Networks has filed its Annual Report on Form 20-F for the…
American Tower to present at Credit Suisse 22nd annual virtual communications conference
BOSTON: American Tower Corporation announced that Rod Smith, its Executive Vice President, Chief Financial Officer and Treasurer, is scheduled to present at the Credit Suisse 22nd Annual Virtual Communications Conference, on Tuesday, June 16, 2020 at 11:20 a.m. ET. A live audio webcast link for the virtual event will be available on the Company’s website….
Canafarma announces plans for hemp oil infused, center-filled chewing gum
TORONTO: CanaFarma Hemp Products Corp. announced that in September it will begin manufacturing in-house, its patent pending cannabinoid-infused center-filled chewing gum. CanaFarma has filed provisional patents in both the US and Europe for this new innovation in confectionary CBD delivery, the center-filled chewing gum. Since that time, the Company has been working with its research…