Day: August 5, 2021

AGC Biologics Acquires Commercial Facility, Expanding Cell & Gene Therapy Global Service Offerings

AGC Biologics acquires Longmont, Colorado facility to expand its global footprint and increase its C&GT process development and GMP capacity Seattle, Aug. 05, 2021 (GLOBE NEWSWIRE) — AGC Biologics, a leading global biopharmaceutical Contract Development and Manufacturing Organization (CDMO), announced the finalization of the purchase of a state-of-the-art commercial manufacturing facility in Longmont, Colorado, USA. […]

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Apple to Scan US IPhones for Images of Child Sexual Abuse

  Apple has unveiled plans to scan U.S. iPhones for images of child sexual abuse, drawing applause from child protection groups but raising concern among some security researchers that the system could be misused, including by governments looking to surveil their citizens. The tool designed to detect known images of child sexual abuse, called “neuralMatch,” will scan images before they are uploaded to iCloud. If it finds a match, a human will review the image. If child pornography is confirmed, the user’s account will be disabled and the National Center for Missing and Exploited Children will be notified. The system

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Virgin Galactic Restarts Space-trip Sales at $450,000 and Up

The ticket window is open again for space flights at Virgin Galactic, with prices starting at $450,000 a seat. The space-tourism company said Thursday it is making progress toward beginning revenue flights next year. It will sell single seats, package deals and entire flights. Virgin Galactic announced the offerings as it reported Thursday that it lost $94 million in the second quarter on soaring costs for overhead and sales. The company posted revenue of $571,000, barely enough to cover one seat on a future flight. The company’s most noteworthy recent achievement came last month, after the quarter ended, when founder

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HqO and Ritual Announce Exclusive Food and Beverage Offering for Office Communities

New Partnership Brings Premium Food Experiences to the Workplace BOSTON, Aug. 05, 2021 (GLOBE NEWSWIRE) — HqO, the end-to-end tenant experience operating system for office buildings, today announces its exclusive integration with Ritual, a best-in-class food platform that works with over 15,000 restaurants and top commercial landlords across the United States, Canada, and the United […]

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Bombardier Raises Full Year Guidance Following Solid First Half Execution and Market Momentum, Reports Second Quarter 2021 Results

Raised FY2021 guidance: (i) aircraft deliveries expected to reach ~120 units, revenues to exceed $5.8B; (ii) profitability increased to greater than $175M adjusted EBIT(1) and adjusted EBITDA(1) expected to be greater than $575M vs previously announced $100M and $500M, respectively; (iii) Free cash flow usage(1) now expected to be better than $300M for the year vs $500M(2) Business […]

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Rapid Micro Biosystems Announces Exercise and Closing of Over-Allotment Option in Initial Public Offering

LOWELL, Mass., Aug. 04, 2021 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (“Rapid Micro”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced that the underwriters of its previously announced initial public offering of Class A common […]

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