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Solyphar plans to build a drug manufacturing plant in Uzbekistan

Egypt based pharmaceutical trading company- Solyphar plans to develop a drug manufacturing plant in Uzbekistan. The company is primarily engaged in supply of drugs to the Commonwealth of Independent States (CIS), Latin America, and Southern Africa countries. The company plans to develop the manufacturing unit in Tashkent, Uzbekistan. The pharmaceutical plant is estimated to cost […]

Abbvie completes acquisition of Allergan

The completion of Abbvie’s acquisition of Allergan is set to create leadership positions for the company in potential therapeutic segments including Immunology, Hematologic Oncology, Neuroscience, and Allergan Aesthetics. Abbvie is set to expand its revenue base through recently launched drugs in Immunology, with Humira, Skyrizi and Rinvoq. In Hematologic Oncology, the company launched Imbruvica and […]

Key food packaging trends of 2019

Innovative foods and drinks will gain significant market share, in particular, among countries with high youth population. Accordingly, companies are focusing on solutions for mental wellbeing and altering the ingredients for new taste and aroma. Growing importance of trust and brand transparency Companies are focusing more on establishing their brands as trustworthy, quality control throughout […]

Audi A8 is scored as the “World Luxury Car 2018”

The Audi A8 is the “World Luxury Car 2018.” The win underscores the status of the brand’s flagship as the embodiment of “Vorsprung durch Technik.” The award ceremony took place Wednesday at the New York Auto Show. The Audi A8 is being developed at the Neckarsulm location and is being marketed in dealerships from November […]

Huawei and ZTE handed 5G network ban in Australia

Chinese smartphone maker Huawei says the Australian government has banned it from providing 5G technology for the country’s wireless networks. It said fellow communications firm ZTE had also been banned, both reportedly because of national security concerns. “This is a extremely disappointing result for consumers,” the company said on Twitter. Faster data download and upload […]

SK Telecom announced its ability to develop an end-to-end 5G system

Together with NOKIA, SK Telecom demonstrated live 20.5 Gbps transmission speed over the air being held in Barcelona, Spain. Standing at a point where 5G standardization and technology development are taking off, the successful demonstration of 20.5 Gbps is a meaningful achievement as it meets the performance requirement of 5G set by the International Telecommunication […]