Business

First Databank partners with RxCap to launch medication adherence app

First Databank partners with RxCap to launch medication adherence app

Business

First Databank Inc. (FDB), one of the leading providers of drug and medical device databases that advise healthcare experts regarding precise decision-making, has reportedly partnered with Boston-based RxCap Inc. to introduce a patient-facing smartphone app that enables patients to conveniently import personalized medication instructions allotted by their providers.

Sources cite that the app uses content from FDB Meducation®, a cloud-driven solution embedded directly into EHR (Electronic Health Record) and pharmacy management workflows at community pharmacies or health systems to offer simplified medication instructions and education to patients.

Read More

Tanduay, Johnson Brothers jointly launch Filipino rum in Hawaii

Tanduay, Johnson Brothers jointly launch Filipino rum in Hawaii

Business

Tanduay has reportedly entered into a collaboration with one of the leading U.S.-based wine and beer distributors, Johnson Brothers. The partnership will make the Tanduay rum available in the region of Hawaii.

For the uninitiated, Tanduay was founded in 1854 with products proudly manufactured in the Philippines. The company offers a broad variety and its premium rums have obtained several recognitions at the international level. Tanduay has been a primary preference in multiple Filipino celebrations for over a hundred years.

According to Paul Lim, the Senior Vice President for Sales and Marketing at Tanduay, Hawaii is the home to severa

IBM partners with TCS to aid firms in assessing climate change risk

IBM partners with TCS to aid firms in assessing climate change risk

Business

IBM Corporation, the U.S-based multinational technology and consulting firm, has reportedly teamed up with The Climate Service (TCS), one of the leading firms operating in climate risk analytics, to work with corporations and businesses to better quantify and measure risk related to climate change. The alliance ensures the availability of TCS Climanomics® software platform on IBM Cloud via Red Hat OpenShift.

Sources cite that this alliance makes TCS's innovative science available with enterprise-grade levels of security, scalability, interoperability, and availability. The firms are working together to help enterprises put a price on climate risk and enable reporti

EDG Partners Announced the Sale of PWN Health to Spectrum Equity

EDG Partners Announced the Sale of PWN Health to Spectrum Equity

Business

EDG Partners announced the sales of PWNHealth, Inc, its portfolio company to Spectrum Equity, a growth equity company focusing on internet-enabled software and information services firms, with a contribution by the Blue Venture Fund, which is an exclusive partnership between Blue Cross and Blue Shield (BCBS) organizations,  Blue Cross Blue Shield Association and Sandbox to which 36 BCBS corporations have promised more than $800 million across four funds.

PWNHealth is the market-leading platform that facilitates lab testing for customers directly online, through their employers and health plans. The organization provides a complete solution to lab testing that includes

Fujitsu, NTT, and Fanuc to boost cloud operations of factories

Fujitsu, NTT, and Fanuc to boost cloud operations of factories

Business

 

  • Fujitsu will hold 40% proprietorship stake while Fanuc will capture 30% stake in DUCNET Co. Ltd.
  • The new establishment will commence its operations from November 2020.

In a recent turn of events, Tokyo-based multinational IT equipment and services company, Fujitsu Limited has reportedly announced a joint venture initiative with NTT Corporation (Nippon Telegraph and Telephone Corporation) and FANUC Corp. in order to establish a cloud computing service provider DUCNET Co. Ltd.

Sources aware of the development claimed that the three compan

Fujitsu announces plans to launch a new company-wide DX Project

Fujitsu announces plans to launch a new company-wide DX Project

Business

 

  • Fujitsu has announced plans to launch its company-wide digital transformation project in October 2020.
  • The company will invest 100 billion JPY into the project to boost transformation.

In a bid to strengthen competitiveness in the digital era, Fujitsu Limited has reportedly announced its plans to introduce a company-wide DX project named ‘ Fujitra’ aimed at a wide-ranging reevaluation and shift in business processes, corporate culture, and organizations as well as services, products, and business models.

Sources cite that Fujitsu is planning to invest as muc

1010data chooses Corridor’s Contract 365 for contract management

1010data chooses Corridor’s Contract 365 for contract management

Business

Leading Microsoft 365 customers’ contract management platform, Corridor Company, has reportedly announced that its Contracts 365 has been selected by market intelligence and data analytics provider, 1010data, as its foundation for deploying contract management services.

According to Russ Edelman, the CEO of Corridor Company, market leaders comprising 1010data are in search of operational performance optimization via each method, adding that contract management is increasingly being viewed as the focal point of such efforts. The company eagerly looks ahead towards working with 1010data as it effectively furnishes on its vision, added Edelman.

Read More

Meebak rolls out its newest line of skincare products in the US

Meebak rolls out its newest line of skincare products in the US

Business

Beauty brand, Meebak, has reportedly launched the newest line of its revitalizing skincare products in the U.S. The key ingredient of these products reportedly comprises cica, which is also called Tiger Grass or Centella Asiatica. Sources state that Cica is a medicinal plant having naturally healing properties. The herb has been efficaciously utilized for thousands of years as an herbal remedy for soothing and calming skin.

According to Heeji Kim, the CEO and Founder of Meebak, she was spending almost hundreds of dollars on skincare, buying the most expensive products, wondering whether it was really necessary to spend a fortune for getting flawless skin. Kim, then, decide

Investment firm KKR to pour in Rs.5,550 crore in Reliance Retail

Investment firm KKR to pour in Rs.5,550 crore in Reliance Retail

Business

Reliance Retail Ventures Limited and Reliance Industries Limited have recently unveiled plans to sell a substantial equity stake to global investment firm KKR. The deal, which involves an investment of nearly Rs.5,550 crore, will bring the pre-money equity value of Reliance Retail to almost Rs.4.21 lakh crore. Furthermore, KKR will achieve a 1.28% RRVL equity stake on a fully diluted basis.

This deal is the second such initiative taken by Reliance Retail over the past two weeks. It comes along the heels of a recently inked deal with private equity firm Silver Lake Partners, which was aiming for a 1.75% stake in Reliance Retail for an investment sum of Rs.7,500 crore.