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Pharmaceuticals

Blue Jet Healthcare to invest ₹23 billion in Andhra Pradesh pharma complex targeting FY29 commissioning

Blue Jet Healthcare will invest approximately ₹23 billion to establish a greenfield pharmaceutical manufacturing complex in Andhra Pradesh’s Rambilli Industrial Park. The phased project, expected to be operational by FY2028–29, will expand capacity for contrast media intermediates and specialty chemicals while creating 2,000 jobs.

India | 4 days ago

Pharmaceuticals

Pfizer enters exclusive global agreement with YaoPharma for GLP-1 obesity drug candidate

Pfizer has entered an exclusive global licensing agreement with YaoPharma for YP05002, an oral GLP-1 receptor agonist in Phase 1 for chronic weight management. The deal includes a USD 150 million upfront payment and potential milestone payments of up to USD 1.935 billion.

4 days ago • China;United States

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Defence | 126 years ago

Yank Technologies secures $2 million U.S. Army contract to advance wireless power for military vehicles

Yank Technologies has been awarded a $2 million follow-on contract by the U.S. Army to develop wireless charging systems for wearable military batteries. The 18-month project aims to transition the technology to TRL-6, allowing for seamless power delivery within military vehicles regardless of soldier movement, thereby reducing maintenance costs and inventory requirements.

Energy & Power | 126 years ago

India secures long-term uranium supply from Cameco in $2.6 billion nuclear fuel agreement

Cameco has signed a nine-year agreement to supply nearly 22 million pounds of uranium ore concentrate to India’s Department of Atomic Energy, with deliveries starting in 2027. The deal supports India’s expanding nuclear power program and reflects rising global competition for long-term uranium supply contracts.

Environment | 126 years ago

City Utilities launches stormwater infrastructure upgrade backed by NFWF grant to reduce flooding risk

City Utilities has begun a stormwater infrastructure project aimed at reducing chronic flooding in residential neighborhoods. Supported by funding from the National Fish and Wildlife Foundation, the initiative will expand drainage capacity, restore wetland habitat, and improve long-term resilience against heavy rainfall events.

Energy & Power | 126 years ago

Tamil Nadu budget outlines renewable power expansion and energy storage push to meet rising electricity demand

Tamil Nadu’s interim budget signals a major policy push to expand renewable energy capacity and strengthen grid reliability. Planned initiatives include a large pumped storage project, battery energy storage systems, and riverfront infrastructure upgrades, reflecting broader efforts to meet surging electricity demand while improving environmental management.