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Year: 2023

Centralized Marketing Authorizations of Generic Versions of TECFIDERA® are Revoked by the European Commission

CAMBRIDGE, Mass., Dec. 19, 2023 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) today announced that the European Commission has revoked the centralized marketing authorizations for generic versions of Biogen’s product TECFIDERA® (dimethyl fumarate) held by Accord, Mylan, Neuraxpharm, Polpharma and Teva. In reaching this decision, the European Commission affirmed that Biogen is entitled to full data protection and marketing protection for TECFIDERA. Biogen welcomes the actions of the European Commission, which confirm the laws governing data exclusivity and marketing protection. Those laws are essential to protecting innovation. TECFIDERA is entitled to marketing protection until February 3, 2025, and is the only dimethyl fumarate treatment for multiple sclerosis that may be lawfully placed on the market for sale in the EU until...

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VPR Brands Acquires CARTDUB: Setting New Standards in Cannabis and Hemp Oil Recovery

FORT LAUDERDALE, FL, Dec. 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – VPR BRANDS LP (OTC: VPRB), a market leader in vaping and cannabis accessories, proudly announces the acquisition of CARTDUB assets including the Trademark, Patent Pending, and Website. CARTDUB, established in 2021 by innovator Cliff Thomason, specializes in unique oil recovery tool kits tailored for cannabis and hemp oil cartridges. The product is designed to maximize efficiency and value for consumers, offering a practical solution in oil recovery. This strategic acquisition signals a significant step for VPR Brands, enabling it to incorporate CARTDUB’s cutting-edge technology and extend its market reach. CARTDUB is distinguished by several key features that set it apart in the industry:Unique Tamper-Resistant Unlocking System: CARTDUB stands as the...

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Amseco Exploration Announces Letter of Intent for Proposed Reverse Takeover Transaction With Canadian Gold Resources Ltd.

Canadian gold AmsecoCanadian Gold’s ProjectsNot for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. MONTREAL, Dec. 19, 2023 (GLOBE NEWSWIRE) — AMSECO EXPLORATION LTD. (TSX-V: AEL.H) (“Amseco”), a mineral exploration company listed on the NEX board of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a binding letter of intent (the “Letter of Intent”) dated December 18, 2023 with Canadian Gold Resources Ltd. (“Canadian Gold”) in respect of a proposed business combination (the “Proposed Transaction”). It is anticipated that the Proposed Transaction will constitute a “Reverse Takeover” of Amseco in accordance with Policy 5.2 – Changes of Business...

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Intelligent Trailer Market Size Worth USD 31.82 Billion in 2032 | Emergen Research

Rapid technological advancements and increasing use of vehicle towing trailers are major factors driving Intelligent Trailer market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global intelligent trailer market size was USD 22.02 Billion in 2022 and is expected to register a steady revenue CAGR of 3.7% during the forecast period, according to latest analysis by Emergen Research. Increasing focus on environmental sustainability and autonomous vehicle development is a key factor driving market revenue growth. Intelligent trailer is an advanced technology that has various features such as Global Positioning System (GPS) tracking, anti-theft, record trailer health, and others.  The advancement of autonomous vehicles is closely related to intelligent trailer systems. As autonomous trucks become more prevalent, need...

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Smart Transformers Market Size Worth USD 6.18 Billion in 2032 | Emergen Research

Digitization of power utilities is a major factor driving revenue growth of the smart transformers market Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global smart transformers market size was USD 2.34 Billion in 2022 and is expected to register a revenue CAGR of 10.2% during the forecast period, according to the latest analysis by Emergen Research. Integration of the Internet of Things (IoT) technology is a major factor driving market revenue growth. One emerging trend in the smart transformers market is increasing integration of Internet of Things (IoT) technology with these transformers. Smart transformers are equipped with sensors and communication capabilities that enable real-time monitoring, data collection, and remote control. IoT connectivity allows for advanced analytics and predictive maintenance, improving reliability...

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Cellular Modem Market Size Worth USD 9.24 Billion in 2032 | Emergen Research

Increasing use of Internet of Things (IoT) technology is a key factor driving Cellular Modem market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global cellular modem market size was USD 1.82 Billion in 2022 and is expected to register a steady revenue CAGR of 17.7% during the forecast period, according to latest analysis by Emergen Research. Increasing use of Internet of Things (IoT) technology is the key factor driving market revenue growth. Cellular modems are used to modulate analogue signal, such as phone signals, and send them via cellular networks.  Cellular modems play a crucial role in providing the necessary connectivity as the number of IoT devices continues to increase across various industries and applications. IoT devices require reliable and ubiquitous connectivity to transmit data and communicate...

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Global Surge Arrester Market Size Worth USD 2.62 Billion in 2032 | Emergen Research

Rising demand for reliable and continuous power supply is a major factor driving Surge Arrester market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global surge arrester market size was USD 1.66 Billion in 2022 and is expected to register a steady revenue CAGR of 4.7% during the forecast period, according to latest analysis by Emergen Research. Smart grid integration of energy sources into existing electrical grids is a key factor driving market revenue growth. Surge arresters are critical components in Transmission & Distribution (T&D) networks to protect electrical equipment, which are used in substations, transmission lines, and other electrical network components. The development of a smart grid relies on modern digital communication technologies. Through these technologies, the power grid can establish...

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Global Corrugated Packaging Market Size Worth USD USD 104.19 Billion in 2032 | Emergen Research

Growing preference to adopt sustainable and eco-friendly packaging solutions is a major factor driving corrugated packaging market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global corrugated packaging market size was USD 70.81 Billion in 2022 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. Rising preference for using sustainable and eco-friendly packaging solutions and changing lifestyle trends is expected to drive market revenue growth. Corrugated packaging firms frequently use developing technologies such as Artificial Intelligence (AI) and Machine Learning (ML). AI can envision a package created by an algorithm that is perfect for a certain product. Businesses can increase profitability by reducing labor costs and enhancing...

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Global Peripheral Vascular and Biliary Stents Market Size to Reach USD 7,405.9 Million in 2032 | Emergen Research

Increasing prevalence of cardiovascular and biliary diseases is a major factor driving Peripheral Vascular and Biliary Stents Market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global peripheral vascular and biliary stents market size is expected to reach USD 7,405.9 Million in 2032 and register a revenue CAGR of 6.0% during the forecast period, according to the latest analysis by Emergen Research. Rising prevalence of cardiovascular and biliary diseases is one of the major factors driving the peripheral vascular and biliary stents market revenue growth. An estimated 8,000 individuals across the U.S. are diagnosed with bile duct cancer each year. A person with intrahepatic bile duct cancer is frequently identified at age 70. To avoid rising prevalence of biliary illnesses, biliary stents are becoming increasingly...

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Global Biotechnology Market Size to Reach USD 5.01 Trillion in 2032 | Emergen Research

Innovations and advent of novel technologies, increasing medical applications of fermentation technology and increasing Research & Development (R&D) activities in tissue culture and cell engineering are key factors driving Biotechnology market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global biotechnology market, valued at USD 5.01 Trillion in 2032, is set to experience a rapid revenue compound annual growth rate (CAGR) of 13.8% during the forecast period. Key drivers include groundbreaking innovations, the emergence of novel technologies, and a surge in Research & Development (R&D) activities, particularly in tissue culture and cell engineering. Biotechnology, spanning fields such as biochemistry, genetics, and molecular biology, utilizes biological systems to create products. Notably,...

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