Japan’s SoftBank amid plans to invest in venture capital funds

The conglomerate plans to mark its presence in Latin America by investing in venture capital funds, with a strategy to deploy nearly $500 million in five to 10 funds. SoftBank Group Corp., a multinational conglomerate based out of Tokyo, r....

Lyft partners with SambaSafety to improve driver monitoring solution

The venture will offer real-time alerts of bad driver activity, thorough state motor vehicle record data and Driver scoring designed according to Lyft's safety standards. SambaSafety, the leading provider of mobility risk data solution....

Grünenthal and Mesoblast partner to develop innovative cell therapy

Grünenthal will own the exclusive commercialization rights of allogeneic cell therapy candidate MPC-06-ID in Latin America and Europe. Grünenthal, a pharmaceutical company that offers various therapies like pain management, have ....

TG Manufacturing acquires contract manufacturing firm TurnKey

TurnKey presently supplies a varied group of consumers in the industrial laboratory, defense and gaming industries among others. Using TGM’s advanced manufacturing technology, quality systems and global network and combining them w....

Medtronic’s IN.PACT AV Access trial meets effectiveness endpoints

IN.PACT AV DCB showed encouraging results in the treatment of AV Fistulae Lesions in Renal Disease Patients at its last stage. Medtronic plc, one of the world’s biggest medical device companies, has recently announced outcomes from i....

Paxos rolls out new crypto-asset that is redeemable for physical gold

Every PAX Gold token would be backed by one London Good Delivery gold’s fine troy ounce which will be stored in official vault facilities across London.   Consumers can convert the PAXG tokens to and from unallocated gold or ....

Oxurion concludes enrollment of patients for THR-687 Phase 1 trial

12 patients with DME have enrolled into the study.   The results for the Phase 1 trial will be out by the end of 2019. Oxurion NV, a biopharmaceutical firm involved in the development of innovative treatments to preserve vision o....

Amazon tests payment system that uses hand as IDs at Whole Foods chain

The new payment system scanners are capable of identifying individual human hands to ring up purchases.   The high-tech sensors do not require a physical touch to the surface for identification The engineers at Amazon are reporte....

Volkswagen bank adopts OneSpan Mobile Security Suite for transactions

The app ensures the bank’s compliance with PSD2.   The app protects financial transactions from trojan attacks and other malware. OneSpan, a leading global cybersecurity technology company known for its electronic signature....

Lantronix unveils the general availability of S40 Series radio nodes

S40 Series offers temperature, light pulse counting, relative humidity and pulse counting nodes and provides users the advantages of durability with IP68-rated non-potted design.   Lantronix will present the S40 Series radio nodes ....