Economy of Germany

Boehringer Ingelheim partners with Lifebit to detect global infectious disease outbreaks

Retrieved on: 
Wednesday, June 9, 2021
Infectious diseases, Boehringer Ingelheim, Emerging infectious disease, Ingelheim am Rhein, Boehringer, Economy of Germany, Germany, Health

Utilising the Lifebit REAL platform, insights into the latest infectious disease outbreaks allow Boehringer Ingelheim's R&D efforts to be prioritised accordingly.

Key Points: 
  • Utilising the Lifebit REAL platform, insights into the latest infectious disease outbreaks allow Boehringer Ingelheim's R&D efforts to be prioritised accordingly.
  • Researchers from both organisations will work side-by-side to combine real-world evidence and the latest AI algorithms to identify infectious disease outbreaks and respond accordingly.
  • Lifebit REAL uses advanced analytic capabilities to automatically notify users of relevant outbreaks, such as transboundary disease spread or the emergence of novel pathogens, such as COVID-19.
  • Dr. Eric Haaksma, Head of Animal Health Global Innovation Boehringer Ingelheim, shared: "External innovation is becoming an increasingly important aspect of our R&D playbook.

Annual financial results 2020: Bosch diversification stabilizing factor in North America as company achieves sales of $12.3 billion

Retrieved on: 
Tuesday, June 8, 2021
Tools, Robert Bosch GmbH, Diversification, Economy of Germany, Companies

Due to the pandemic, sales in North America were 15 percent below the previous years level.

Key Points: 
  • Due to the pandemic, sales in North America were 15 percent below the previous years level.
  • However, once again, Boschs broad diversification served as a stabilizing force, blunting the impact of the crisis on the regions business results.
  • Bosch continues to offer its customers technologically-neutral options for the powertrain with an enduring focus on increasing efficiency and reducing emissions.
  • Including sales and service partners, Boschs global manufacturing, engineering, and sales network covers nearly every country in the world.

Bertelsmann Acquires Crescera Stake in Afya; New Director Appointed

Retrieved on: 
Monday, June 7, 2021
Bertelsmann, Gütersloh, Companies, Economy of Germany, Societates Europaeae, States of Germany, Bertelsmann Stiftung

Since Afyas inception, Bertelsmann has indirectly held a stake in Afya through its investment in Crescera Educacional.

Key Points: 
  • Since Afyas inception, Bertelsmann has indirectly held a stake in Afya through its investment in Crescera Educacional.
  • In addition, Bertelsmann has had Daulins Emilio, the Managing Director at Bertelsmann Brazil Investments (BBI) and Head of the Bertelsmann Corporate Center in Brazil, as representative on Afyas board since 2019.
  • According to Afyas articles of association and shareholders agreement between the Esteves family and Crescera Educacional, Bertelsmann has the right to acquire Crescera Educacionals Class B common shares and accede to the shareholders agreement.
  • Upon consummation of the acquisition, Bertelsmann is expected to have the right to appoint the three members of Afyas board of directors currently appointed by Crescera Educacional.

With Hundreds of Bio Industry Jobs Open and Company Expansions Underway, Companies Are Investing in Industry-Intensive Training and Professional Development

Retrieved on: 
Friday, June 4, 2021
Professional services, Health, Human resources, Other Science, Research, Science, Biotechnology, Biotronik, Cardiac electrophysiology, Economy of Germany

Class participants are employees in the bioscience and advanced manufacturing , as well as participants who are dislocated or looking to grow their expertise for an advanced career.

Key Points: 
  • Class participants are employees in the bioscience and advanced manufacturing , as well as participants who are dislocated or looking to grow their expertise for an advanced career.
  • The global company implements BioPro training and skills education efforts.
  • He adds, Specifically, for the past 15 years, Biotronik/MSEI has sponsored the highly successful BioPro training programs run by Oregon Bio.
  • While the current curriculum catalogue includes all online learning, key in-person training will also re-launch across the region.

DGAP-News: AUTO1 Group SE welcomes inclusion in German MDAX index

Retrieved on: 
Friday, June 4, 2021
DAX, Stock market index, Economy of Germany, Economy of Europe, HDAX, CDAX

Berlin, 4 June 2021 - AUTO1 Group, Europe's leading platform for buying and selling used cars online, today welcomed the entry of its shares in the MDAX Index of Germany's top mid-cap shares.

Key Points: 
  • Berlin, 4 June 2021 - AUTO1 Group, Europe's leading platform for buying and selling used cars online, today welcomed the entry of its shares in the MDAX Index of Germany's top mid-cap shares.
  • The inclusion of its shares via the Fast Entry rule was announced by Deutsche Brse following its latest index review and will become effective June 21, 2021.
  • The MDAX index contains the 60 largest companies below the DAX stocks in terms of free float market capitalization and stock exchange turnover.
  • Membership in the MDAX means that shares of AUTO1 Group will now be part of the German stock market's second most important and closely watched share index.

Software AG to Power Growth Across APJ with New Senior Executive Hires

Retrieved on: 
Thursday, June 3, 2021
Software AG, MDAX, Economy of Germany

SINGAPORE, June 3, 2021 - (ACN Newswire) - Software AG (Frankfurt MDAX: SOW) today announced a number of senior executive appointments in Asia Pacific and Japan (APJ).

Key Points: 
  • SINGAPORE, June 3, 2021 - (ACN Newswire) - Software AG (Frankfurt MDAX: SOW) today announced a number of senior executive appointments in Asia Pacific and Japan (APJ).
  • This also follows a robust 1Q21 global business performance, where digital business transformation emerged as a key growth driver for Software AG.
  • Software AG aims to help organisations become truly connected and turn business data into information that can be acted on.
  • Software AG veteran Michael Cross has taken on a new role as the Vice President of APJ Alliance and Channels.

Boehringer Ingelheim and Zealand Pharma Receive FDA Fast Track Designation for Investigational Treatment for NASH

Retrieved on: 
Wednesday, June 2, 2021
Boehringer Ingelheim, Zealand Pharma, Boehringer, Glucagon-like peptide-1, Economy of Germany, Companies, Health care

Ingelheim, Germany and Copenhagen, Denmark, 2 June, 2021 Boehringer Ingelheim and Zealand Pharma A/S (Nasdaq: ZEAL) (CVR-no.

Key Points: 
  • Ingelheim, Germany and Copenhagen, Denmark, 2 June, 2021 Boehringer Ingelheim and Zealand Pharma A/S (Nasdaq: ZEAL) (CVR-no.
  • 20045078) today announced that the US Food and Drug Administration (FDA) has granted Fast Track Designation to the GLP-1/glucagon dual agonist BI 456906 for adults with non-alcoholic steatohepatitis (NASH).
  • Together with our partner Zealand Pharma, we look forward to working closely with the FDA as we explore the potential of the GLP-1/glucagon agonist to improve outcomes for adults with NASH.
  • Boehringer Ingelheim and Zealand Pharma are committed to delivering innovative solutions that address public health challenges of cardiometabolic diseases, including NASH, said Adam Steensberg, Executive Vice President and Chief Medical Officer at Zealand Pharma.

Michael Heinz takes over as Chairman and CEO of BASF Corporation

Retrieved on: 
Tuesday, June 1, 2021
BASF, IG Farben, Societates Europaeae, The Holocaust, Companies, Economy of Germany, Florham Park, New Jersey, Ludwigshafen, Florham, Industry economics), Jürgen F. Strube

FLORHAM PARK, N.J., June 01, 2021 (GLOBE NEWSWIRE) -- Effective today, Michael Heinz takes over as Chairman and Chief Executive Officer of BASF Corporation, headquartered in Florham Park, New Jersey.

Key Points: 
  • FLORHAM PARK, N.J., June 01, 2021 (GLOBE NEWSWIRE) -- Effective today, Michael Heinz takes over as Chairman and Chief Executive Officer of BASF Corporation, headquartered in Florham Park, New Jersey.
  • Heinz will lead all activities of the North American affiliate of Germany-based BASF SE, one of the leading chemical companies worldwide.
  • Heinz succeeds Wayne T. Smith, who led BASF Corporation for six years.
  • BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Volkswagen AG (VWAGY)

Retrieved on: 
Tuesday, June 1, 2021
Companies, Volkswagen Group, Volkswagen, Wolfsburg, Economy of Germany

On March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries supposed name change to Voltswagen.

Key Points: 
  • On March 29, 2021, Volkswagen published a draft press release announcing its American subsidiaries supposed name change to Voltswagen.
  • On this news, Volkswagen AGs share price fell more than 5% over the next two trading days, thereby injuring investors.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

DGAP-News: Deutsche Wohnen SE: Annual General Meeting votes in favour of all items on the agenda with a large majority

Retrieved on: 
Tuesday, June 1, 2021
Vonovia, Economy of Germany, Meeting, Deutsche Wohnen, Companies

Today, Deutsche Wohnen held its Annual General Meeting, which took place in a virtual format for the second time due to the pandemic.

Key Points: 
  • Today, Deutsche Wohnen held its Annual General Meeting, which took place in a virtual format for the second time due to the pandemic.
  • The voting results of the Annual General Meeting are published in detail on www.deutsche-wohnen.com .
  • On 24 May, approximately one week before the Annual General Meeting, Deutsche Wohnen and Vonovia signed an agreement concerning the planned merger of the two companies.
  • However, the transaction was not one of the items on the agenda for the Annual General Meeting.