LISTED GROUP ACQUIRES PARKING PRODUCTS MAKER

Solihull-headquartered manufacturing group Hill & Smith Holdings has completed the acquisition of a Tamworth-based parking and access control products maker. Parking Facilities Ltd has been snapped up by the listed company for a cash consideration of £12.4m. The consideration will be funded from Hill & Smith’s existing debt facilities. Parking Facilities specialises in the design, manufacture and supply of a market-leading range of parking and access control products including cantilever, bi-fold and swing gates, automatic and manual barriers, automatic bollards, rising kerbs, speed ramps and access control equipment. In the…

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Vape tracking tech is here to weed out counterfeit THC products

As the CDC looks into the cause behind hundreds of possible cases of vaping-related illnesses in 36 states, people are (rightly) thinking twice about vaping. While the Trump administration has moved to ban flavored e-cigs in the wake of the outbreak, it’s unclear whether the rash of illnesses and deaths are due to vaping itself, which the FDA has scarcely regulated so far, or if the CBD, THC, or nicotine product that was vaped was counterfeit or tampered with in some way. One cannabis company is not waiting around to find out. Akerna, the…

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Amazon reportedly changed its search results to boost more profitable products

Amazon began making changes to its search results last year to prioritize profitability over relevance, according to The Wall Street Journal. Those changes were reportedly spurred on by demands from Amazon’s retail divisions and private label team, and they’re said to have the effect of often boosting Amazon’s own products in search listings. To avoid antitrust concerns at a time when Amazon’s role as both a product maker and a platform company are under scrutiny, Amazon doesn’t directly boost products based on how profitable they are, according to the report. Instead, the Journal says that Amazon…

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Orient Electric looks to launch more IoT-enabled products

CK Birla Group firm Orient Electric plans to introduce internet of things (IoT) enabled products in segments like consumer and commercial lighting, a top company official said. The company presently offers fans, air coolers and water heaters equipped with this smart technology. Orient Electric, which has formed a retail partnership with Italy-based small appliances maker De’Longhi Group, also looks to expand premium brands De’Longhi, Kenwood and Braun to tier-II cities besides metro markets. “We will soon introduce smart products in consumer and commercial lighting. We will also increase the range…

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Biocon enters into pact with CMS to sell 3 generic products in China

Biocon on September 12 said it has signed a license and supply agreement with a subsidiary of China Medical System Holdings (CMS) for three generic formulation products in Greater China. Biocon, however, has not specified which products are going to be part of this deal. Under the terms of the agreement, Biocon will be responsible for the development, manufacturing and supply of the products while CMS will be responsible for registration and commercialisation of the products in China. The initial term of the agreement shall be for 10 years from the date…

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Natco Pharma lines up 20 `Para IV’ products

Para IV products mean, “the first company which submits a completed ANDA (Abbreviated New Drug Application) getting marketing exclusivity for 180 days.” Natco Pharma has in the pipeline a 20 key `Para IV’ products of which some are expected to be launched in due course. According to the US Food and Drug Administration (USFDA) norms, a company can seek approval from FDA to market a generic drug before the expiration of a patent relating to the brand name upon which the generic is based. Para IV products Normally, the first company…

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7 Wellness Products That Made Our Lives Better in August

Here at SELF, we’re always testing wellness products. Whether it’s cult-favorite makeup, skin-care products, fitness gear, or a new snack, we’re always trying out something. We’re fortunate that this is part of our job—getting to play with free stuff is a pretty awesome perk. But not everything lives up to the hype, so when something stands out from the pack, we’re excited to share it with our readers. Here, SELF staffers gush about seven products they tried and legitimately loved this month. (Note: This list includes a mix of stuff sent to us for free…

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How to find new products on Amazon? Jeff Bezos has this plan for fresh listings

Jeff Bezos’ Amazon is reportedly testing a new feature for its popular e-commerce platform to help shoppers discover newly released products. In the latest attempt, Amazon will help customers to decide what to buy, CNBC reported, and the company is testing the feature in select markets for certain customers, a company spokesperson told the news channel. Amazon already has few live badges such as Top Brand, the orange-coloured Bestsellers flag, and Amazon’s Choice which take into account factors including customer reviews and pricing. Amazon has also been testing Top Brand badge for…

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