PARTNERSHIPS

By Darren Incorvaia  An academic partnership to improve diversity in clinical trials has drafted its first industry team members. Amgen and Merck will help Equitable Breakthroughs in Medicine Development (EQBMED) enroll patients in local clinical trials as part of the partnership’s pilot programme. "Partnering with industry leaders Amgen and Merck is a critical milestone in EQBMED's mission to establish a sustainable clinical trial ecosystem,” associate dean for health equity research and C.N.H Long Professor of Internal Medicine, Public Health and Management at Yale University, Marcella Nunez-Smith, M.D.,said in a Sept....

GE Vernova’s Financial Services business and Lizard Renewables, a renewable energy company based in Italy, have announced the creation of Alva Power, a 50-50 joint venture. The aim of Alva Power is to support Italy's electrification and decarbonisation goals by funding the development of renewable energy projects. Initially, the joint venture will focus on advancing over 1 GW of project capacity to a ready-to-build stage. This capacity will include wind, battery energy storage systems, and photovoltaic solar, which Lizard has already identified and prepared for the venture. In the short...

By Rezo Bitsadze The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in Azerbaijan by partnering with AccessBank to share risk in loans provided to local small and medium-sized enterprises (SMEs). Under the RSF agreement, the EBRD and AccessBank will each provide up to €15 million(US$16.6million)to share the risk of loans that AccessBank will make to local companies. It is expected that the EBRD will share up to 50 per cent of the risk on individual loans, allowing AccessBank to expand its lending to a...