TAIWAN

TaiMed Biologics and AcedrA BioPharmaceuticals Partner to Commercialize Trogarzo® (Ibalizumab-uiyk) in the Middle East and North Africa Region

Retrieved on: 
Monday, March 18, 2024

TAIPEI, Taiwan and RIYADH, Saudi Arabia, March 18, 2024 (GLOBE NEWSWIRE) -- Taimed Biologics (“TaiMed”), a publicly held Taiwanese biotechnology company, signed an Exclusive License and Distribution Agreement with AcedrA BioPharmaceuticals (“AcedrA”), a Saudi Arabia-based company operating in Middle East and North Africa region, to satisfy the unmet medical needs, under which AcedrA will register, promote and commercialize Trogarzo® (Ibalizumab-uiyk) in the MENA region.

Key Points: 
  • TAIPEI, Taiwan and RIYADH, Saudi Arabia, March 18, 2024 (GLOBE NEWSWIRE) -- Taimed Biologics (“TaiMed”), a publicly held Taiwanese biotechnology company, signed an Exclusive License and Distribution Agreement with AcedrA BioPharmaceuticals (“AcedrA”), a Saudi Arabia-based company operating in Middle East and North Africa region, to satisfy the unmet medical needs, under which AcedrA will register, promote and commercialize Trogarzo® (Ibalizumab-uiyk) in the MENA region.
  • “We are excited to broaden the reach of Trogarzo® to HIV patients in new countries.
  • AcedrA, then, by a wider array of distribution activities, will be responsible for regulatory, sales, marketing, medical, and distribution in the MENA region.
  • “We are committed to be a patient-centric company working closely with healthcare providers in the MENA region, and we will be pleased to partner with TaiMed strategically to improve patients' lives in the region.”

ResMed's 2024 Global Sleep Survey Uncovers a World in Sleep Crisis

Retrieved on: 
Friday, March 15, 2024

More than one-third of respondents are now actively tracking their sleep patterns, and many are adjusting bedtime routines in an effort to improve sleep quality.

Key Points: 
  • More than one-third of respondents are now actively tracking their sleep patterns, and many are adjusting bedtime routines in an effort to improve sleep quality.
  • SAN DIEGO, March 15, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD), the global leader in digital health and cloud-connected medical devices that transform care for people with sleep apnea, COPD, and other chronic diseases, today announced the results of its 2024 Global Sleep Survey in conjunction with World Sleep Day (March 15), shedding light on the critical sleep challenges faced by people around the world.
  • To learn more about ResMed’s 2024 Global Sleep Survey or for help identifying if you have symptoms that could indicate poor sleep health, visit https://www.resmed.com/sleepassessment .
  • The 2024 ResMed Global Sleep Survey included a total of 36,000 respondents across 17 markets including Australia, Brazil, China, France, Germany, Hong Kong, India, Ireland, Japan, Korea, Mexico, New Zealand, Singapore, Taiwan, Thailand, UK and USA, between December 2023 and January 2024.

Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Taiwan

Retrieved on: 
Friday, March 15, 2024

TAIPEI, Taiwan, March 15, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, has expanded its presence in the Asia-Pacific region, opening a local office in Taiwan to further engage in the country's energy storage market.

Key Points: 
  • TAIPEI, Taiwan, March 15, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, has expanded its presence in the Asia-Pacific region, opening a local office in Taiwan to further engage in the country's energy storage market.
  • This consistent year-over-year growth in renewables to meet the country’s ambitious clean energy targets is positioning Taiwan as a prime regional market for energy storage.
  • “We are proud to announce our expansion in Taiwan, a key market for energy storage in the Asia-Pacific region.
  • Having already successfully collaborated with local partners to complete 10 storage projects in Taiwan, this expansion underscores our long-term commitment to the region,” said Jan Teichmann, SVP & President APAC at Fluence.

Hurco Companies, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Friday, March 15, 2024

The dividend will be paid on April 12, 2024, to shareholders of record as of the close of business on March 29, 2024.

Key Points: 
  • The dividend will be paid on April 12, 2024, to shareholders of record as of the close of business on March 29, 2024.
  • Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change.
  • Hurco Companies, Inc. is an international, industrial technology company that sells its three brands of computer numeric control (“CNC”) machine tools to the worldwide metal cutting and metal forming industry.
  • Two of the Company’s brands of machine tools, Hurco and Milltronics, are equipped with interactive controls that include software that is proprietary to each respective brand.

ABVC BioPharma Reports Annual 2023 Financials and Provides Fiscal Year 2024 First Quarter Business Update

Retrieved on: 
Thursday, March 14, 2024

As per the respective agreements, each of ABVC and BioLite received 23 million shares of AIBL stock (with an expected value of $10 per share).

Key Points: 
  • As per the respective agreements, each of ABVC and BioLite received 23 million shares of AIBL stock (with an expected value of $10 per share).
  • The Company entered a cooperation agreement on August 14, 2023, with Zhong Hui Lian He Ji Tuan, Ltd. (“Zhonghui”).
  • On February 06, 2024, ABVC acquired an additional real estate asset via an equity transfer of 703,495 shares at $3.50 per share to develop plant factories for ABVC’s botanical pipeline.
  • ABVC hopes the property will ultimately be used as an integrated platform for the global development of the Asian healthcare business and the medical, pharmaceutical, and biotechnology industries.

The World Office Furniture Industry Report 2024: In-Depth Analysis of Top 20 Countries, with Profiles of 45 Major Office Furniture Manufacturers - ResearchAndMarkets.com

Retrieved on: 
Friday, April 5, 2024

The "World Office Furniture Industry" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "World Office Furniture Industry" report has been added to ResearchAndMarkets.com's offering.
  • The World Office Furniture Industry report offers a comprehensive picture of the global office furniture sector, providing basic data for production, consumption imports and exports for the time series 2014-2023, international trade and major trading partners, world tables and economic indicators, market prospects up to 2025, summary tables for the 60 most important countries for office furniture production, consumption and trade, profiles of the leading office furniture manufacturers on a global level and a focus on the Top 20 office furniture countries.
  • The world market for office furniture presently amounts to approximately US$ 49 billion.
  • Part I reviews the world office furniture industry: the major producing and consuming countries, the status and prospects of world trade of office furniture, world trade matrix, current data and forecasts for growth in office furniture demand in 2024-2025, by country and by regional groupings.

Taiwan Social Commerce Sector Projected to Reach US$6.47 Billion by 2029 as Detailed in Latest Market Intelligence Databook - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 4, 2024

The "Taiwan Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Taiwan Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.
  • The latest market intelligence databook focusing on Taiwan's burgeoning social commerce industry presents a comprehensive analysis, revealing that the sector is expected to witness substantial growth.
  • This databook provides an extensive overview of over 50 key performance indicators (KPIs) that chart the course of social commerce trends across various end-use sectors within Taiwan.
  • In particular, segments like video commerce, social network-led commerce, and group buying are delineated for detailed scrutiny.

Cadence Named by Fortune and Great Place to Work as One of 2024’s 100 Best Companies to Work For, Ranking No. 9

Retrieved on: 
Thursday, April 4, 2024

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Fortune and Great Place To Work® named the company to the Fortune 100 Best Companies to Work For® List.

Key Points: 
  • Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Fortune and Great Place To Work® named the company to the Fortune 100 Best Companies to Work For® List.
  • View the full release here: https://www.businesswire.com/news/home/20240404403279/en/
    Dr. Anirudh Devgan, president and CEO of Cadence, said, “Today, Cadence reached an important milestone.
  • Great Place To Work evaluates confidential feedback from employees, matching against HR data from participating companies.
  • Cadence was also recognized as a World’s Best Workplace and regionally as a Best Workplace in Asia and a Best Workplace in Europe.

SemiLEDs Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, April 3, 2024

Revenue for the second quarter of fiscal 2024 decreased to $886 thousand, compared to $1.6 million in the first quarter of fiscal 2024.

Key Points: 
  • Revenue for the second quarter of fiscal 2024 decreased to $886 thousand, compared to $1.6 million in the first quarter of fiscal 2024.
  • GAAP net loss attributable to SemiLEDs stockholders for the second quarter of fiscal 2024 decreased to $559 thousand, or $(0.11) per diluted share, compared to a net loss of $598 thousand, or $(0.12) per diluted share, in the first quarter of fiscal 2024.
  • GAAP gross margin for the second quarter of fiscal 2024 decreased to 13%, compared to 15% for the first quarter of fiscal 2024.
  • Operating margin for the second quarter of fiscal 2024 was negative 94%, compared with negative 50% for the first quarter of fiscal 2024.

NTHU Launches Tsing Hua Talent Development Fund to Enhance Academic Excellence

Retrieved on: 
Tuesday, April 2, 2024

National Tsing Hua University (NTHU) in Taiwan launched the Tsing Hua Talent Development Fund to attract and retain exceptional faculty members.

Key Points: 
  • National Tsing Hua University (NTHU) in Taiwan launched the Tsing Hua Talent Development Fund to attract and retain exceptional faculty members.
  • View the full release here: https://www.businesswire.com/news/home/20240402305444/en/
    NTHU launched the Tsing Hua Talent Development Fund to attract and retain exceptional faculty members.
  • Setting up the Tsing Hua Talent Development Fund is a key strategy component.
  • Po-Wen Chiu, NTHU Vice President for Research and Development, explained that the Tsing Hua Talent Development Fund operates sustainably by utilizing donations, proceeds from industry-academia collaboration, and dividends from the fund.