Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on The Iceland Tribune.
Oculis to Participate in Upcoming June Investor Conferences
ZUG, Switzerland, June 03, 2025 (GLOBE NEWSWIRE) -- Oculis Holding AG (Nasdaq: OCS / ICX: OCS.IC) (“Oculis”), a global biopharmaceutical company focused on innovations addressing ophthalmic and neuro-ophthalmic diseases with significant unmet...
Citing Benefits of 232 Tariffs, Century Aluminum Announces Restart to Bring Mt. Holly SC Plant to Full Production, Increasing U.S. Aluminum Production by 10%
CHICAGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ:CENX) has announced plans to restart over 50,000MT of idled production at its Mt. Holly, SC smelter. Century will invest approximately $50 million in the effort, create...
Costco Wholesale Corporation Reports July Sales Results
ISSAQUAH, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $20.89 billion for the retail month of July, the four weeks ended August 3, 2025, an increase of...
Alvotech Appoints Dr. Balaji V. Prasad as Chief Strategy Officer
REYKJAVIK, Iceland, March 27, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the...
What does increasing competition from China mean for euro area employment?
Prepared by Clémence Berson, Claudia Foroni, Vanessa Gunnella and Laura Lebastard Increased competition from China across global export markets has affected the euro area labour market in recent years. As China has moved up the value chain, its...
Owner: European Union
UK Medicines and Healthcare Products Regulatory Agency Confirms Acceptance of Marketing Authorization Application for Proposed Biosimilar to Xolair® (omalizumab)
REYKJAVIK, Iceland, PISCATAWAY, N.J. and LONDON, March 26, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacturing of biosimilar medicines for patients worldwide, Kashiv...
Wilsonart Elevates Surface Design with Innovative Quartz and Solid Surface Introductions
TEMPLE, Texas, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Wilsonart, a global leader in engineered surfaces, is pushing the boundaries of surface design with its latest launch of Wilsonart® Quartz and Wilsonart® Solid Surface collections. Developed to help...
Formation of Strategic Services JV Company and Investment by JV Partner
Reykjavík, May 28, 2025 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Company” or the “Corporation”) Formation of Strategic Services Joint Venture Company – Suliaq A/S and Investment of up to £12.0 million by Joint Venture Partner JLE Group Ltd. TORONTO,...
Alvotech and Advanz Pharma Extend Strategic Partnership to Commercialize Three Additional Biosimilars in Europe
Advanz Pharma secures exclusive rights from Alvotech to commercialize three biosimilar candidates in Europe in addition to previously partnered programs The agreement includes proposed biosimilars to Ilaris® (canakinumab), Kesimpta® (ofatumumab)...
Alvotech Acquires Xbrane’s R&D Operations in Sweden and Further Affirms its Global Leadership Position in Biosimilars Development and Production
REYKJAVIK, Iceland and STOCKHOLM, March 20, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the acquisition...
Alvotech and Dr. Reddy’s Announce FDA acceptance of Biologic License Application for AVT03, a Proposed Biosimilar to Prolia® and Xgeva®
HYDERABAD, India and REYKJAVIK, Iceland, March 18, 2025 (GLOBE NEWSWIRE) -- Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY; along with its subsidiaries together referred to as “Dr. Reddy’s”) and Alvotech...
Correction - Exploration Update for Strategic Minerals JV
Reykjavík, May 22, 2025 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Company” or the “Corporation”) Correction - Exploration Update for Strategic Minerals JV The following amendments have been made to the ‘Exploration Update for Strategic Minerals JV’...
Sweden signs Memorandum of Understanding on the protection of critical undersea infrastructure
SWEDEN, May 21 - On May 16, Sweden signed a Memorandum of Understanding (MoU) concerning the protection of critical undersea infrastructure in the Baltic Sea. The MoU was concluded with the Baltic Sea countries within the EU, along with Norway,...
Owner: Swedish Government
Oculis Upsized Loan Facility to Access up to CHF 100 million
ZUG, Switzerland, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Oculis Holding AG (Nasdaq: OCS; XICE: OCS) (“Oculis” or the “Company”), a global biopharmaceutical company focused on innovations addressing ophthalmic and neuro-ophthalmic diseases with...
Fifteen additional nations urge acknowledgment of Palestinian state
(MENAFN) Fifteen additional countries have joined the international push to recognize the State of Palestine, aligning with nations like Russia that view a two-state solution as the only viable path to ending the ongoing conflict in Gaza. In a...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
Alvotech Meeting Investors and Participates in Fireside Chat At Barclays 27th Global Healthcare Conference in Miami, Florida
REYKJAVIK, Iceland, March 07, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, announced today its participation in Barclays...
Alvotech Reports Results for the First Quarter of 2025 and Provides Business Update
Total Revenues in the first quarter of 2025 reached $132.8 million, compared to $36.9 million in the same period last year, representing a 260% increase Product Revenues in the first in the first quarter of 2025 reached $109.9 million, compared to...
Lucinity and Creditinfo Partner to Integrate PEP Screening Seamlessly into AI Workflows
REYKJAVIK, Iceland , May 07, 2025 (GLOBE NEWSWIRE) -- Lucinity, a global leader in AI-driven compliance software, has partnered with Creditinfo, a trusted and leading provider of credit and risk intelligence solutions, to integrate access to...
Stellantis Reports First Half 2025 Results Reflecting External Headwinds and Ongoing Recovery Actions; Financial Guidance Re-Established
Stellantis Reports First Half 2025 Results Reflecting External Headwinds and Ongoing Recovery Actions; Financial Guidance Re-Established Net revenues of €74.3 billion, down 13% compared to H1 2024 primarily driven by Y-o-Y declines in North...