Member News

Member News

Cilcare and Shionogi Announce Exclusive Option Agreement for Innovative Hearing Disorder Treatments

Cilcare, a leading biotech company specializing in auditory sciences, is pleased to announce a landmark agreement with Shionogi, an impact-driven pharmaceutical company. This exclusive option agreement grants Shionogi the right to license global rights to CIL001 and/or CIL003, two promising drug candidates aimed at treating hearing disorders, with a particular focus on addressing the increasing prevalence of hidden hearing loss and tinnitus. Under the terms of the agreement: Shionogi will receive an exclusive option to license global rights to CIL001...

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Member News

Mannheimer Swartling acquires Troublemaker

Mannheimer Swartling has acquired the majority of the assets in Troublemaker AB. Troublemaker, founded in 2023 by William Wigström and Emil Wårdh, has developed the AI platform Trubl, which many analysts consider to be the absolute best AI tool for Swedish law and legal investigations. In connection with the acquisition, Mannheimer Swartling is also hiring Troublemaker’s co-founder, William Wigström, as AI Counsel in the firm’s Innovation Department. William will be responsible for the continued development of both Trubl and the...

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Trepp | European Market Update: Eurozone Inflation Surges; CLOs becoming too big?; Retail & Warehouse Portfolios Sold

Eurozone inflation surged in May, exceeding expectations with a year-over-year rise of 2.6%. Core inflation also increased to 2.9%, driven by positive energy inflation and a service sector rebound. These inflation figures have cast doubt on the European Central Bank's (ECB) plans for a rate cut in June. While some ECB policymakers still favor the cut, they may need to reassess if inflationary pressures persist. Market reactions were mixed, with slight increases in bond yields and a modest rise in the euro...

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Jaguar Freight | The Weekly Roar – Top Shipping News

In this week’s Roar: diesel at a two-year low, new FMC rules in force, port congestion in Singapore, good news for air cargo demand, and the real costs of the Red Sea conflict. Diesel prices continue to fall, with the U.S. price reaching its lowest point in the past two years. The average price per gallon is now $3.758, which is 30.3 cents lower than the price was on April 8, 2024. Prices are down in nine out of the...

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Vulcan View: The latest EU developments 27 May – 31 May

What a Labour Government means for the UK Economy With the UK General Election cycle having completed its first week, the pressure has been on the Labour Party, who hold a significant polling lead over the Tories, to provide details on what exactly a Labour government means for the United Kingdom? In particular, what can voters expect from Sir Kier Starmer’s party on the economy. In her first speech on the campaign trail, Shadow Chancellor Rachel Reeves MP provided some insights into...

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Member News, Uncategorized

Wilson Sonsini | The Entrepreneurs Report – Private Company Financing Trends: Q1 2024

Key Features and Developments in This Report Celebrating Asian American and Pacific Islander Heritage Month In a compelling interview, Wilson Sonsini partner Salil Gandhi talks with Notable’s Robin Li. They delve into the influence of Li's identity and personal experiences on her career trajectory and explore the changing landscape of Asian American & Pacific Islander representation in the tech and venture capital sectors.   Valuations Show Mixed Signs of Recovery Early 2024 saw mixed signals in early-stage valuations, following notable highs in the previous...

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Sika | Sika received SBTi validation for its net-zero targets

Sika’s near and long-term emissions reduction targets, aiming for net-zero emissions by 2050, have been validated by the Science Based Targets initiative (SBTi)1. This important achievement underscores Sika’s commitment to sustainability and its proactive role in decarbonizing the construction and automotive industries.   By 2032, Sika is committed to reducing its greenhouse gas (GHG) emissions by 50.4% compared to the 2022 baseline, for scope 1 and scope 2 emissions, whilst advancing its growth strategy. These include direct emissions from owned or controlled...

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CLA Outlook for Q2 2024: Resilience, Growth in a Transformative Market

Key insights • Trends indicate a robust economy supported by strong consumer spending and transformative wealth transfers. CLA is predicting the rest of 2024 is characterized by a sense of resilience and optimism. • Market sentiment is leaning toward a growth mindset, with the economy showing strength and businesses focusing on expanding and managing costs effectively. • Within investing, a diversified portfolio is strategically designed to mitigate market volatility. It serves to both preserve and augment capital. Curious about the many benefits of...

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Troutman Pepper | Accelerated Approval Process Is Not Without Risk: Placing Recent FDA Action in Context

On February 23, the Food and Drug Administration (FDA) withdrew approval of Pepaxto (melphalan flufenamide), a drug that it had previously granted accelerated approval for treatment of multiple myeloma. The decision came after a post-marketing, confirmatory study of Pepaxto failed to confirm the drug’s clinical benefit, and FDA determined that available evidence demonstrated that Pepaxto was not shown to be safe or effective under its conditions of use. Although accelerated approval remains an important pathway for sponsors to make...

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Member News, Uncategorized

Jaguar Freight | The Weekly Roar – Top Shipping News

In this week’s Roar: Container shortages in China, a soft U.S. truck market, the new tribunal for the Law of the Sea, the EU is embracing nearshoring, and key logistics trends for 2024. Strong market demand and reduced vessel capacity due to the Red Sea crisis are resulting in container shortages at many Chinese ports. Forwarders are reporting an ongoing scramble for containers, with many carriers facing delays and equipment shortages. Waiting times at ports have gone up to 3...

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