PR Newswire Highlights:
Sanofi made an equity investment of 300 million euros in Cinda Biotech. Atlas Copco will acquire a Chinese gas equipment manufacturer. Asia is committed to completing the acquisition of Menzies. Dentsu Group acquires a majority stake in Extentia. Fast Retailing's brand GU will open its first store outside of Asia in the United States. The new joint series between Desante and Lamborghini is officially released. FILA World Citizen Environmental Protection Series new products released. L'Oréal's first official flagship store of Japanese skincare brand TAKAMI Tmall was launched. Siemens Healthcare Shenzhen Postdoctoral Innovation Practice Base was inaugurated.
Innovent Biologics and Sanofi jointly announced a strategic cooperation in the field of oncology, and the two sides will cooperate to accelerate the development of innovative oncology drugs and market access, benefiting more Chinese patients. The partners will work to accelerate the development and commercialization of two Sanofi's core potential first-in-Class tumor pipelines in the clinical phase, including: SAR408701 (tusamitamab ravtansine; Anti-CEACAM5 antibody-drug conjugate) and PHASE II SAR444245 (non-α biased IL-2), exploring a series of clinical studies of two drug candidates combined with PD-1 brand Dabshu (sindili maclonumab injection). In addition to the product cooperation, Sanofi will also make an initial strategic equity investment of 300 million euros in Cinda Biotech.
Atlas Copco has agreed to acquire the assets of Suzhou Synopsys Gas Systems Co., Ltd. (Synopsys), a China-based manufacturer of gas equipment. The transaction is expected to close in the fourth quarter of 2022. The acquired business will be part of the Compressor Technology business area Industrial Air Division. Suzhou Xinsi Gas System Co., Ltd. is a private enterprise headquartered in Suzhou, Jiangsu Province, with operations throughout China. In 2021, the company's revenue is approximately RMB 70 million (SEK 93 million). The company has 80 employees. The company focuses on gas manufacturing equipment for a wide range of applications, including metals, petrochemicals, marine and electronics.
Supply chain services, infrastructure and innovation firm Agility has announced the completion of its acquisition of UK-based John Menzies PLC and will merge the business with its national Aviation Services (NAS) business to create a global aviation services leader in 58 countries. After the integration, the combined company will operate under the name Menzies Aviation and will become the world's largest aviation services company by number of countries served, and the second largest by the number of airports served. The combined company, which operates as Menzies Aviation, will provide air cargo, fuel and ground services at airports on six continents.
Dentsu Group Inc. Announced that an agreement has been signed to acquire a majority stake in Extentia. Extentia is a global technology and services company focused on enterprise mobility, cloud engineering, and user experience. Extentia will join Merkle, a leading technical support, data-driven customer experience management (CXM) company part of Dentsu Group's international business. Founded in 1998, Extentia employs nearly 800 people in Pune and Bangalore, India.
Fast Retailing's GU brand plans to open its first store in the United States in the fall of 2022, located in New York's Soho district. Founded in Japan in 2006, the GU brand is a sister brand of Uniqlo and today has about 450 stores, mainly in Asia. The store, which recently opened in the U.S., is the first outside of Asia and aims to further expand its business.
High-end professional sports brand DESCENTE Desante and The well-known Italian top sports car brand Lamborghini have once again joined forces to launch the second season of the "DESCENTE X AUTOMOBILI LAMBORGHINI" joint series, with the blessing of sports technology, awakening the racing genes of every runner and crossing the boundary to reach a new realm of "supercaring". DESCENTE X AUTOMOBILI LAMBORGHINI's new co-branded series was launched on August 6 in the official Mini Program of Desante and Tmall flagship store, and was officially launched in offline designated stores on August 15.
On July 31, FILA ORIGINALE Launched the Tmall Super Brand Day exclusive pre-sale, conveying the concept of "sustainable fashion" to people with a new and elegant attitude. The series includes outdoor coats, trousers, suits, board shoes and other products made of low-carbon environmental protection fabrics, closely following the environmental protection green theme style design, so that high street fashion and environmental protection are organically combined, and a new way of opening up elegant life is to find a new way of life that recycles, reduces plastic and low carbon. On August 8th, FILA and Tmall Super Brand Day will pass on the FILA Global Citizen Environmental Protection Series to consumers through a sustainable and fashionable attitude to life.
Japanese cinema-level precision skincare brand TAKAMI has a strong layout in China, and the official flagship store of tmall was unveiled on July 1. Founded by Japanese dermatology expert HIROSHI TAKAMI, TAKAMI inherits the brand gene of "from Tokyo, Dermatology Specialization", stands in the Japanese high-end skincare market with an excellent and professional image, integrates theatrical treatment courses into daily skin care, and creates the beauty of healthy keratinous dermatology. TAKAMI officially joined the L'Oréal Group, the world's largest cosmetics group, at the end of 2020. As the first Japanese skincare brand of the L'Oréal Group, TAKAMI has further expanded the territory of L'Oréal Group's high-end cosmetics business with a brand gene rich in Japanese ingenuity.
Siemens (Shenzhen) Magnetic Resonance Co., Ltd. postdoctoral innovation practice base was officially inaugurated. Siemens (Shenzhen) MRI Co., Ltd. is one of the three major R&D and production bases of Siemens Healthcare's magnetic resonance business. As a national high-tech enterprise, the company has strong scientific research strength in setting up a postdoctoral innovation practice base. The company currently has a full-time R & D team, of which about 60% are master's degree or above, with a number of national senior engineers and Siemens Medical's global core experts as technical backbone. At present, the company has more than 20 laboratories, covering various related technical fields of magnetic resonance. So far, the company has obtained more than 280 authorized Chinese patents, including 123 authorized invention patents, involving the core fields of magnetic resonance imaging technology.