Press Releases

MeMed raises $93M to accelerate commercialization of its host immune-response product portfolio

MeMed raises $93M to accelerate commercialization of its host immune-response product portfolio MeMed BV® test recently cleared for use by US FDA to aid in distinguishing between bacterial and viral infection on the point-of-need platform MeMed Key® HAIFA, Israel; BOSTON, MA; January 10th, 2022 – MeMed, a leader in host response technologies, today announces a $93 million […]

Press Releases

Nyxoah Provides General Corporate Update

Nyxoah Provides General Corporate Update Transformational 2021 positions Nyxoah for further clinical, regulatory, and commercial milestones in 2022 Mont-Saint-Guibert, Belgium – January 10, 2022, 7:00am CET / 1:00am ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep […]

Economy

Rupee Shows No Recovery Against the US Dollar Even After IMF News

The Pakistani Rupee (PKR) managed to hold out against the US Dollar (USD) in the interbank market today. It hit an intra-day high of Rs. 176.55 against the latter during today’s open market session.While redundant, it depreciated by 0.01 percent agains…

Economy

Major Investors Are Interested in Installing LNG Terminals at Karachi, Gwadar

An overwhelming number of investors have shown their interest in the establishment of LNG terminals/ virtual pipelines at Karachi and Gwadar Ports, and applications for at least seven LNG licenses are in various stages of considerations.According to of…

Economy

Here’s How International Lenders Are Making Billions from Pakistan

International banks like the China Exim Bank and the International Islamic Trade Finance Corporation (ITFC) are charging up to 6.5 percent interest per annum on lending to Pakistan while loans from Italy and China Development Bank are interest-free.Acc…

Economy

Rice Exporters Body Voices Concerns over Proposed Finance (Supplementary) Bill 2021

Rice Export Association of Pakistan (REAP) has expressed concern regarding the withdrawal of the zero-rating status of various export-oriented sectors in the Finance (Supplementary) Bill 2021, reported Business Recorder.REAP termed the bill as a “devas…