Taiwan's Ministry of Health and Welfare approved Formosa Pharmaceuticals' (TPE:6838) eye-drop BYQLOVI for post-surgery eye-pain treatment, according to a filing on Tuesday.
The new drug, approved Tuesday, has a code of APP13007.
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DroneShield Receives AU$25 Million US Joint Interagency Task Force Counter-Drone Technologies Contract; Shares Up 5%
DroneShield (ASX:DRO) received a contract for the supply of mobile and fixed site counter-drone technologies supporting the mission of the US Department of War's Joint Interagency Task Force 401, according to a Tuesday Australian bourse filing.The contract has an initial value of AU$19.3 million, with an additional AU$5.6 million in options of the end-user over a five-year period, the filing said.The counter-drone technologies include hardware, subscriptions, warranties, and services. The contract also requires the company to purchase and install third-party interoperable solutions.Payments will be received for the initial value from second half of the year through the first half of 2027.DroneShield's shares jumped nearly 5% in recent trading on Tuesday.
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Asia
Coca-Cola Plans Public Listing of Indian Bottling Unit in 2027
Global beverage giant, The Coca-Cola Company, plans to list Hindustan Coca-Cola Holdings, the parent company of the largest Coca-Cola bottler in India, Hindustan Coca-Cola Beverages, according to an official statement on Monday.The India listing will include the sale of a portion of the Coca-Cola Company's shareholding in Hindustan Coca-Cola Holdings.The company is working on a potential listing on the Bombay Stock Exchange and National Stock Exchange of India in 2027, subject to market conditions and applicable regulatory and other approvals.In 2025, Indian conglomerate Jubilant Bhartia Group purchased a 40% stake in Hindustan Coca-Cola Holdings."The Coca-Cola Company will stay invested in this important bottler and focus on growing our portfolio of global and local brands in India," said Sanket Ray, president, India and Southwest Asia and Emerging Large Markets Lead for The Coca-Cola Company.Hindustan Coca-Cola Beverages operates 14 bottling plants across 10 states in India and works with eight co-packers.
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Asia
Telix Pharmaceuticals Says Prostate Cancer Treatement Candidate Shows Acceptable Tolerability in Phase Three Trial
Telix Pharmaceuticals (ASX:TLX) said its lutetium radio antibody-drug conjugate candidate, TLX591-Tx, demonstrated acceptable tolerability across all standard-of-care combination groups in the ProstACT global phase three study, with no new safety signals, supporting the feasibility of TLX591-Tx in combination with standard-of-care in post-ARPI metastatic castration-resistant prostate cancer, according to a Tuesday statement.The primary endpoint was the safety and tolerability of TLX591-Tx in combination with standard-of-care, while secondary endpoints included pharmacokinetics and radiation dosimetry.The trial enrolled prostate-specific membrane antigen-positive metastatic castration-resistant prostate cancer patients previously treated with one androgen receptor pathway inhibitor. It consisted of TLX591-Tx, administered as two doses 14 days apart, in combination with standard-of-care, which includes abiraterone, enzalutamide, or docetaxel, in comparison with standard-of-care alone. 36 patients received both doses of TLX591-Tx per protocol.Treatment-emergent non-hematologic events were primarily fatigue, nausea, and dry mouth. Radiation exposure to key organs was below established safety limits. Lesion dosimetry confirmed uptake across tumor sites and across all cohorts, while pharmacokinetics demonstrated sustained activity at Day 15.The firm initiated the second part of the study, a randomized treatment expansion, where it obtained regulatory approvals. It is engaging with the US Food and Drug Administration (FDA) to discuss the data from the first part and seek an Investigational New Drug (IND) amendment to advance the second part in the US.
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