Swiss-based Non-profit GARDP Supports the Development of Debiopharm’s New Potential Treatment for Gonorrhoea

The Global Antibiotic Research & Development Partnership (GARDP) and the Swiss-based global biopharmaceutical company Debiopharm have signed a memorandum of understanding to develop Debio 1453, a novel compound representing a new antibiotic class that targets Neisseria gonorrhoeae. Multidrug-resistant strains of N. gonorrhoeae have emerged globally, limiting treatment options and elevating this pathogen to the high-priority category on the World Health Organization’s Bacterial Priority Pathogen List.


Starr Names Peter Hirs to Succeed Howard Smith as CFO

Starr announced that Peter Hirs has been named the company’s chief financial officer, effective January 13, succeeding Howard I. Smith, who is retiring after more than 40 years at Starr and related entities.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113071409/en/


CEEC-built World's First 300 MW Compressed Air Energy Storage Plant Connected to Grid at Full Capacity

The world's first 300 MW compressed air energy storage (CAES) demonstration project, "Nengchu-1," was fully connected to the grid in Yingcheng, central China's Hubei Province on Thursday, marking the official commencement of commercial operations for the power station.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250111706594/en/


Arthur D. Little Blue Shift Report Explores Transformative Impact of AI on Research, Development, and Innovation

AI has started to power all steps of research, development, and innovation (R&D&I), including those that require creativity, working alongside and augmenting humans, with its use increasing rapidly. However, while it is already delivering major productivity gains in specific areas or sectors its widespread integration into R&D&I processes is still relatively immature, and it faces a range of challenges around technology, economics, regulation, and societal acceptability. Irrespective of these challenges, six no-regret strategic actions should be undertaken today.


DataXstream Announces OMS+ 4 for Faster Sales Execution Across SAP

DataXstream LLC, an SAP® Endorsed app and Gold-level partner developing innovative solutions for SAP sales and distribution, today announced the fourth release of its award-winning OMS+ platform, which significantly accelerates quote and order processing capabilities within SAP S/4 HANA On-Premise and SAP S/4 HANA Private Cloud environments.

Faster Order and Document Transactions


Avenacy Provides Update on 2025 Strategic Priorities Ahead of 43rd Annual J.P. Morgan Healthcare Conference

Avenacy, a specialty pharmaceutical company focused on supplying critical injectable medications, today provided an update on recent business highlights and financial performance for 2024 and strategic priorities for 2025 ahead of the Company’s participation in the 43rd Annual J.P. Morgan Healthcare Conference from January 13-16, 2025 in San Francisco, CA.


Merck Acquires HUB Organoids Holding B.V., Expands Next-Gen Biology Portfolio

Merck, a leading science and technology company, announced the closing of the transaction to acquire HUB Organoids Holding B.V. (HUB) following regulatory clearances and the fulfilment of other customary closing conditions. The acquisition, which closed on December 23, 2024, is a strategic step aligned with the company’s commitment to providing novel next-generation biology solutions to the life science industry, specifically by enabling wider access to HUB’s technology for more faster and more effective drug development. Terms of the deal were not disclosed.


Verne Appoints Michele Tagliatti as Chief Financial Officer

Verne, a leading provider of sustainably powered HPC data centers across the Nordics, has announced the appointment of Michele Tagliatti as its Chief Financial Officer (CFO). With over 10 years of experience in the data center, telecommunications, and technology sectors, Tagliatti brings a wealth of knowledge to the role.