Tech & Pharma

Hudong, China’s Wikipedia, Announces US$15.6 Million Third Round Investment

Pan Haidong, CEO of Hudong.com, announced today on his Weibo page that the company has raised RMB100 million (US$15.6 million) in its third round of financing.

August 22, 2011

IndianOil & Dept. of Biotechnology Set Up Advanced Bioenergy Research Center

Indian Oil Corporation Ltd, the Department of Biotechnology (DBT), and the Government of India have signed an agreement to set up a bioenergy research center at Faridabad.

August 21, 2011

DuPont Opens Innovation Center In Thailand

The first DuPont Innovation Center in the ASEAN region opened yesterday in Bangkok, Thailand, following the June opening of the Innovation Centers in Korea and Taiwan.

August 19, 2011

Samsung Innovation Quotient 2011 Winners: Three Pioneering Social Entrepreneurs

The Grand Finale of the Samsung Innovation Quotient saw three winners emerge from five shortlisted finalists, who presented their innovations before a high-powered jury in New Delhi.

August 15, 2011

Australia’s 2011 iAwards Recognizes Innovation, Eyesight-Saving Technologies

Research on Remote-i, a technology which hopes to help save the eyesight of people in rural Australia, has won the top prize at the 2011 national iAwards event held in Melbourne.

August 15, 2011

Malaysia Receives US$660 Million Biotech Investment From S Korea & France

Malaysia will enter into a US$660 million joint venture partnership in industrial biotechnology with South Korea’s CJ Cheiljedang Corporation (CJ) and France’s Arkema SA (ARKEMA).

August 14, 2011

Bohai Pharmaceuticals Acquires TCM Company, Yantai Tianzheng

Bohai Pharmaceuticals Group, Inc. announced this week the acquisition of Yantai Tianzheng Pharmaceutical Co., Ltd., another traditional Chinese medicine company in China.

August 13, 2011

US$300 Million ADB Loan To Alleviate Bangladesh’s Power Shortages

The ADB is extending a $300 million energy infrastructure loan for a project to address Bangladesh’s critical power shortages.

August 13, 2011

ABT-199 BH-3 Mimetic Enters Phase Ia Trial For Chronic Lymphocytic Leukemia

A molecule discovered 20 years ago at the Walter and Eliza Hall Institute in Australia is now entering clinical trials to treat chronic lymphocytic leukemia.

August 12, 2011

Guided Therapeutics & Konica Minolta Develop Clinical Test For Barrett’s Esophagus

Guided Therapeutics has entered into a partnership with Konica Minolta Opto to develop a non-invasive test for Barrett’s Esophagus using its biophotonic disease detection platform.

August 11, 2011