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Alteogen Receives European Commission Approval for Aflibercept Biosimilar, EYLUXVI® (ALT-L9)

  • EYLUXVI® is the second biosimilar approved for Alteogen following the launch of the Herceptin® biosimilar in China through its partner Qilu Pharmaceutical.

DAEJEON, South Korea, Sept. 17, 2025 /PRNewswire/ — Alteogen Inc. (KOSDAQ:196170) announced today that the European Commission (EC) has granted marketing authorization for EYLUXVI® (code name: ALT-L9), an Eylea® biosimilar co-developed by its subsidiary, Alteogen Biologics.

EYLUXVI® is Alteogen’s second approved biosimilar, following the approval of the Herceptin® biosimilar, further expanding Alteogen’s biosimilar portfolio. EYLUXVI® received final marketing authorization approximately two months after obtaining a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) in July.

Eylea® (aflibercept) is a widely used blockbuster drug for ophthalmic diseases such as wet age-related macular degeneration (wAMD) and diabetic macular oedema (DME).

With the newly granted marketing authorization, EYLUXVI® is now approved for use across Europe including wAMD, macular oedema secondary to retinal vein occlusion (branch RVO or central RVO), DME, and myopic choroidal neovascularization (myopic CNV).

“EYLUXVI® is the first biosimilar product developed by Alteogen through independent in-house research, followed by global clinical development in collaboration with our subsidiary Alteogen Biologics, and has ultimately secured regulatory approval,” said Soon Jae Park, PhD, Chief Executive Officer of Alteogen. “Alteogen has expanded its capabilities not only through R&D, but also by gaining valuable experience with the European regulatory approval process. We remain committed to improving patient access to effective therapies for serious ophthalmic conditions, including macular degeneration.”

The EC approval was based on the Phase 3 clinical trials conducted by Alteogen Biologics in 12 countries, including Europe, South Korea and Japan from June 2022 to February 2024. The comparative clinical evaluation involving 431 wAMD patients demonstrated that EYLUXVI®‘s efficacy and safety are equivalent to Eylea®. The study’s results confirmed therapeutic equivalence and showed comparable safety profiles between the two treatments.

About Alteogen

Alteogen Inc. is a South Korea-based biopharmaceutical company that focuses on the development and commercialization of novel biologics such as Antibody-Drug Conjugates (ADCs), biobetters, and biosimilars. Alteogen’s portfolio includes clinical-stage long-acting therapeutic proteins and next-generation ADCs, developed by its proprietary NexP™-fusion and NexMab™ platform technology, respectively. It also developed a proprietary recombinant human hyaluronidase enzyme utilizing Hybrozyme™ technology, which enables the large volume subcutaneous administration of drugs that are typically administered as an IV infusion. The company was founded in 2008 and listed in KOSDAQ (196170.KQ). For more information, please visit: www.alteogen.com.

Contacts:

Alteogen Biologics Inc.
Jisung Song
Senior Vice President, Business Development
jisung.song@alteogenbio.com

Alteogen Inc.
Junseok Jang
Director, Corporate Communications & Investor Relations
jsjang@alteogen.com

 

Busways seals partnerships with key partners to build state-of-the-art B’EV Terminal Charging Hub in Senoko

SINGAPORE, Sept. 17, 2025 /PRNewswire/ — Singapore-based Busways Pte Ltd has partnered with key industry partners to develop the next-generation electric vehicle (EV) charging hub in Senoko, slated for launch in December 2025. The partnerships mark a milestone in Busways’ vision to strengthen Singapore’s EV charging ecosystem through scalable, integrated, and future-ready infrastructure.

From left to right: Mr. Martin Toh (Chief Executive Officer), Mr. Sunny Chong (Founder & Chairman) and Mr. Marcus Ng (Project Director).
From left to right: Mr. Martin Toh (Chief Executive Officer), Mr. Sunny Chong (Founder & Chairman) and Mr. Marcus Ng (Project Director).

The signing of these Memorandums of Understanding emphasises Busways’ commitment to sustainable transportation and represents the start of a long-term strategic collaboration that brings together the expertise of its key industry partners, including Cantal Electric Pte Ltd, Commslink Solutions Pte Ltd, Elsteel Techno (S) Pte Ltd, PlugIt Pte. Ltd., Schneider Electric Singapore Pte Ltd, StarCharge Energy Pte Ltd, Stratton Energy Pte Ltd , Tai Sin Electric Limited, Van Joo Industrial Engineering Pte Ltd, Veloc Solutions Asia Pte. Ltd., Voltality Pte Ltd and YOTAI Digital Energy Technology (Shenzhen) Co., Ltd.  Areas of specific cooperation include:

  • Smart software and systems: Development of a Charging Station Management System (CSMS) and related applications for hub operations.
  • Power distribution and cabling: Design, supply, and integration of switchboards, as well as low-voltage (LV) and direct current (DC) control cables.
  • Renewable energy integration: Incorporation of photovoltaic (PV) solar panels, wind turbines, and Battery Energy Storage Systems (BESS) to improve energy efficiency and reliability.
  • Charging solutions: Deployment and servicing of EV chargers from leading manufacturers to ensure high-performance.
  • Infrastructure fabrication: Customised metal fabrication and infrastructure components.

Mr. Martin Toh, CEO of Busways, commented: “Singapore is a natural hub for innovation and sustainability, and we see tremendous potential to shape the future of electric mobility here. This partnership brings together some of the best expertise in the industry to build infrastructure that will support Singapore’s shift. At Busways, we are committed to putting customers first and following through on our promises, and this project reflects that spirit. It shows what’s possible when companies come together with a shared goal.”

“This collaboration is a meaningful step forward for all of us involved. With Singapore’s EV market expanding quickly, there’s a clear need for charging solutions that are safe, scalable, and efficient, so we’re glad to bring our expertise into the mix and contribute to a bigger vision of making Singapore’s transport cleaner, smarter, and more reliable,” added Mr. Toh.

Set to launch in December 2025, the B’EV Terminal Charging Hub in Senoko will be a state-of-the-art facility designed to support a range of vehicles, including passenger cars, buses, and heavy-duty lorries, using DC fast charging technology. It will feature renewable energy systems, battery energy storage, and digital management tools to deliver an efficient, scalable, and seamless charging experience for both fleet operators and individual drivers.

About Busways Pte Ltd
Founded in 2006, Busways Pte Ltd is a leading Singapore-based M&E engineering solutions provider specialising in electrical power distribution, medium- and low-voltage busduct systems and switchgear. With a team of over 300 employees, Busways delivers large-scale projects across sectors including data centres, e-mobility, commercial buildings, construction, and other heavy industries. Committed to safety, precision, and innovation, Busways offers end-to-end services spanning custom metal fabrication, EV charging infrastructure, fire protection systems, and design-and-build solutions, backed by ISO 9001, 14001, and 45001 certifications and recognition such as the Enterprise 50 Award 2024.

For more information, visit www.busways.com.sg  and www.bevbusways.com.sg to learn more about B’EV Terminal Charging Hub’s full-fledged range of electric vehicle charger (EVC) services.

 

The future of video security: Poll finds surge in large-scale AI deployment

HANGZHOU, China, Sept. 17, 2025 /PRNewswire/ — Increasingly, AI is used in video security for various security and non-security objectives. Security-wise, AI can effectively detect intrusion and other suspicious events. Meanwhile, AI plays a key role in intelligent transportation, preventive maintenance and other non-security applications.

The future of video security: Poll finds surge in large-scale AI deployment
The future of video security: Poll finds surge in large-scale AI deployment

To boost the power of AI even further, large-scale AI models have emerged. Trained on large datasets, large-scale AI models promise to enhance detection accuracy, lower false alarm rates, and enable natural language-based smart search.

To get a further understanding on this rising AI technology, asmag.com and Hikvision have teamed up to conduct a survey examining large-scale AI models in video security.

75% are already adopting or planning to adopt large-scale AI-enabled devices

When asked “Are you currently using any products or solutions powered by large-scale AI models for video security,” over half, 55.4%, said yes, while 23.4% said no. Interestingly, nearly 20% said they were not using large-scale AI models at the moment but were are planning to. The responses highlight strong adoption rate and growth potential for large-scale AI models. Indeed, with the growing availability of large-scale AI products, such as Hikvision’s DeepinViewX cameras and AcuSeek NVRs, adoption of large-scale AI models is all but set to increase in the near term.

Large-scale AI models and their functionalities are often discussed in projects, specs, or client meetings

To the question “Have you recently seen large-scale AI models and their functionalities being discussed in projects, specs, or client meetings,” the responses strongly suggest the topic does come up on such occasions. The numbers are especially prominent for “intelligent object detection and classification,” where 57.7% of respondents say large-scale AI models are either “frequently discussed” or “actively influencing decisions.” This is followed by “automated security event detection and reporting” (57.1%) and “improved perimeter protection” (55.4%). The numbers highlight strong user awareness towards large-scale AI models, and discussions over the subject have even influenced users to acquire related products and solutions.

52% consider adoption “very important” for their future competitiveness 

To the question “How important do you think is adopting the latest large-scale AI models to the future of video security,” a significant 52.4% say it is “very important,” while 25.9% think it’s important. 18%, meanwhile, said it’s “moderately important.” This indicates users attach a greater importance to large-scale AI models, which are no longer viewed as a mere “nice-to-have” but may one day become a core component in video security.

Majority see clear operational value, including better efficiency and fewer errors

When asked “What value do you see in the emerging deployments or applications of large-scale AI models in video security so far,” a total of 73.4% cited “improved operational efficiency.” This is followed by: reduced human error (62%), better end-user experience (55.4%), and cost reduction (52.4%).

To explore the full survey findings and detailed industry insights on leveraging large-scale AI for video security, click here.

Adyen, Partner of LVMH, Redefines Payments in the Global Luxury Sector

PARIS, Sept. 17, 2025 /PRNewswire/ — Adyen, the global financial technology platform for leading businesses, is supporting LVMH, the world leader in luxury goods, in a major international initiative: the unification of payment systems across all of its Maisons.

Adyen’s solutions are live in nearly 50 of the group’s Maisons1 around the world, spanning fashion and leather goods, exceptional hospitality, watches and jewelry, beauty, and department stores.

As part of a strategy to strengthen synergies, LVMH is driving the adoption of best practices across its Maisons. The objective is to leverage the group’s most effective initiatives and scale them, while preserving each Maison’s unique identity and standards of excellence.

It was in this spirit that LVMH selected Adyen as its global payments partner in 2020, with the goal of unifying in-store and online payment infrastructures and delivering a seamless, high-end customer experience.

The implementation of Adyen’s solutions has delivered concrete benefits from the very first deployment phases, including:

  • A premium, frictionless in-store experience, notably with mobile terminals and Tap to Pay technology
  • A significant reduction in manual entry, saving time and minimizing errors
  • Automation of reconciliation and end-of-day processes
  • A unified approach to payments with a single partner covering all channels, geographies, and methods, through a harmonized integration

With more than 1,000 stores rolled out worldwide across Europe, APAC, the Americas, and more, the project’s success also relies on tailored, boutique-by-boutique support.

This project is part of our broader ambition to deliver a flawless customer experience, reflecting the quality of our products and the craftsmanship of our Maisons,” says Arnaud Bodzon, Group Payment Director, LVMH. This applies not only to end customers but also to the sales advisors using the solutions. They can now focus fully on their core role—advising and supporting our clients—without having to worry about payment processing.”

“Our partnership with LVMH reflects a shared vision: creating meaningful and effortless experiences for customers in the world of high-end retail,” commented Ethan Tandowsky, CFO at Adyen. “Beyond facilitating payments, we’re working together to elevate every touchpoint across LVMH’s Maisons to make sure shoppers have an experience which matches the luxury goods they are purchasing. I cannot wait to see what we can achieve together with LVMH in this next chapter.”

Hands-on support is a key success factor when managing integration projects in a group like LVMH. Adyen’s expertise has enabled them to meet and adapt to our specific needs,” adds Arnaud Bodzon.

The unification continues to expand across more Maisons, strengthening a shared ambition: to deliver a payment experience that is elegant, efficient, and truly global.

About Adyen
Adyen (ADYEN: AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.

1_Maisons_ is the French term for the group’s brands.

CAAM & Futurise to Launch Advanced Air Mobility Concept of Operations by 1st Quarter of 2026

PUTRAJAYA, Malaysia, Sept. 17, 2025 /PRNewswire/ — The Civil Aviation Authority of Malaysia (CAAM), in collaboration with Futurise Sdn Bhd, is fast-tracking Malaysia’s entry into the era of Advanced Air Mobility (AAM). This milestone initiative will position Malaysia as a regional leader in the low-altitude airspace economy, paving the way for new transport solutions such as electric vertical take-off and landing aircraft (eVTOLs). To ensure a sustained trajectory for Malaysia’s AAM, CAAM and Futurise are on track to develop the AAM Concept of Operations (ConOps), targeted for release in the first quarter of 2026.

In December 2024, CAAM appointed Futurise as the Secretariat of the Advanced Air Mobility Steering Committee (AAM-SC), leveraging Futurise’s experience in regulatory sandboxes for emerging innovations such as drone technology, autonomous vehicles, micromobility and online healthcare services. Apart from overseeing the regulatory sandbox, Futurise will spearhead the development of the ConOps document in alignment with CAAM’s policy direction while contributing its expert insights to the AAM roadmap to ensure a clear and strategic pathway for Malaysia’s integration into the low-altitude aviation economy.

The ConOps will serve as a strategic living document to guide the safe introduction and growth of AAM services in Malaysia. It will define operational scenarios, stakeholder roles, airspace usage and regulatory requirements, thus, enabling the transition from conceptual frameworks to real-world deployment. Malaysia’s ConOps will align with internationally recognised regulatory frameworks set by the International Civil Aviation Organization (ICAO), the Federal Aviation Administration (FAA), the European Union Aviation Safety Agency (EASA) and others. A series of workshops and industry engagements throughout 2025 will ensure input from all corners of government, regulators and the aviation industry.


“From the ConOps, the regulatory sandbox will progress to transition AAM from conceptual discussions to real-world applications. The sandbox will provide a controlled environment for testing and innovation, enabling rapid development and safe deployment of AAM technologies based on the ConOps. This marks a significant step in Malaysia’s active participation in the global AAM landscape,” said Dato’ Captain Norazman Bin Mahmud, CEO of CAAM.

Challenges persist in advancing Malaysia’s AAM ecosystem especially with the widespread misconception that equates drones with AAM. Clarifying this distinction, Dato’ Captain Norazman further stated:

“While drones are classified as Unmanned Aircraft Systems (UAS) and are already regulated under Civil Aviation Regulations and Civil Aviation Directives (CAD), AAM encompasses a broader class of aircraft, such as eVTOLs, that require a new regulatory approach. Part of Futurise’s role as the AAM-SC secretariat is to resolve the grey area of AAM as a new aircraft segment improved with greater functionalities”.

About Civil Aviation Authority of Malaysia

The Civil Aviation Authority of Malaysia (CAAM) is the national aviation regulator, entrusted with ensuring the safety, security, and efficiency of Malaysia’s civil aviation sector. CAAM provides comprehensive safety and security oversight of flight operations, aviation personnel licensing, and is responsible for the provision of air navigation services and air traffic management across Malaysian airspace. Operating in accordance with international standards set by the International Civil Aviation Organization (ICAO), CAAM is committed to fostering a safe, sustainable, and forward-looking aviation ecosystem through regulatory excellence, innovation, and strategic collaboration.

About Futurise

Futurise is a wholly-owned subsidiary of Cyberview Sdn Bhd under the Ministry of Finance. It is mandated by the Government of Malaysia to manage the National Regulatory Sandbox, providing public policy advisory and acting as a key enabler of regulatory solutions to expedite innovation and future-proof Malaysia’s economy.

Follow Futurise & CAAM social media for updates:

FB: https://www.facebook.com/futurisemy/ https://www.facebook.com/CivilAviationAuthorityOfMalaysia 
Official Instagram: https://www.instagram.com/futurisemy https://www.instagram.com/caa_malaysia/
Linkedin: https://www.linkedin.com/company/futurise/ https://www.linkedin.com/company/civil-aviation-authority-of-malaysia/ 
Twitter: https://twitter.com/FuturiseMY
X: https://x.com/caa_malaysia

Two Former EDL Officials Detained Over Transmission Line Corruption

This image is used for representational purpose only (Photo: World Bank Blogs)

The Lao government uncovered a new corruption case in a transmission line project, detaining two former Electricite du Laos (EDL) officials for using government property for personal gain.

Global Times: Guangxi accelerates building an international AI cooperation hub focusing on ASEAN

BEIJING, Sept. 17, 2025 /PRNewswire/ — In a lush park northwest of Nanning’s bustling center, exotic architecture and serene landscapes evoke a tourist haven. Yet, step inside an exhibition hall, and a cutting-edge world unfolds, showcasing over 110 high-tech innovations, from drones and autonomous vehicles to digital humans, smart appliances, and robots that serve coffee.

The Nanning-Zhongguancun innovation demonstration base in the regional capital of South China’s Guangxi Zhuang Autonomous Region represents both a hallmark of the “Green City” famed for its pristine ecology, as well as its rapid rise as an international AI cooperation hub focusing on ASEAN.

In 2017, during his inspection tour to Guangxi, Chinese President Xi Jinping visited the Nanning-Zhongguancun innovation demonstration base, where he described the importance of innovation in driving economic growth, the Xinhua News Agency reported at the time.   

In recent years, Guangxi has been ramping up efforts to foster innovation-driven high-quality development. Notably, as artificial intelligence (AI) is driving a new wave of technological revolution and industrial transformation, Guangxi, focusing on national priorities, its own strengths, and ASEAN’s expectations, is striving to foster a cross-region industrial ecosystem of “R&D in Beijing, Shanghai, and Guangzhou + integration in Guangxi + application in ASEAN,” to accelerate the creation of an international AI cooperation hub focusing on ASEAN.

Such efforts and progress will also be highlighted at the 22nd China–ASEAN Expo (CAEXPO), which officially kicks off in Nanning on Wednesday. Under the theme “Digital Intelligence and Innovation Empower Development – Leveraging China-ASEAN FTA 3.0 New Opportunities for an Even Closer China-ASEAN Community with a Shared Future,” the CAEXPO is set to inject fresh momentum into China-ASEAN cooperation with a focus on innovation in AI and other emerging industries.

Notably, pavilions showcasing AI and new quality productive forces will be newly set up in this year’s expo, along with new sections dedicated to the blue economy and premium foreign trade products, according to Xinhua.

China and ASEAN have completed Version 3.0 China-ASEAN Free Trade Area (FTA) upgrade negotiations. The Version 3.0 covers nine major areas, with the first being the digital economy, indicating that the digital economy, represented by AI, has become a new driving force for China-ASEAN cooperation,” Lu Xinning, vice chairperson of Guangxi, said during a press conference regarding the expo on September 8.

Growing cooperation

Growing China-ASEAN cooperation in the digital economy is also on display at the AI+ New Technology and New Product Exhibition Trading Hall of the Nanning-Zhongguancun innovation demonstration base.

“Although the exhibition hall has only been open for five months, it has already hosted numerous business delegations from ASEAN members such as Laos, Vietnam, Cambodia, and Malaysia. During their visits, these delegations have shown strong interest in China’s AI+ smart terminal products and frequently placed pre-orders,” Liang Ke, operational manager of Nanning ZGC Information Valley Technology Service Co, told the Global Times.

“Business delegations from ASEAN members have shown a particular fondness for coffee robots,” Liang said, adding that a manufacturer from Vietnam placed an order worth $3 million after visiting the exhibition hall.  

While the exhibition hall is relatively new, the Nanning-Zhongguancun innovation demonstration base was officially launched on July 24, 2016. Its overarching goal is to create an innovation hub that serves as a key gateway for the joint construction of the China-proposed Belt and Road Initiative, forming a Nanning-Zhongguancun-ASEAN collaborative innovation demonstration zone with concentrated resources, according to official documents.

“The demonstration base is not only a regional cooperation platform, but also a service channel for Chinese enterprises aiming for the ASEAN market, helping these high-tech companies break through geographical limitations and achieve an important platform for international expansion,” said Liang.

At the 22nd CAEXPO, businesses are eyeing opportunities for greater cooperation, particularly in the AI field.

“Moving forward, we are preparing to participate in a China-ASEAN AI innovation cooperation center, aiming to create an international AI enterprise incubator to support domestic AI companies and technologies in ‘going global’,” said Liang.

This is likely to be just one of many such cooperation between Chinese and ASEAN businesses, as about 3,200 enterprises from 45 countries have already confirmed their participation.

Watsons Launches Exclusive IP “The Watsons Family” Across Asia to Drive Customer Engagement & Brand Loyalty


HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Watsons, AS Watson Group’s flagship health and beauty brand, announces the exclusive launch of “The Watsons Family” – an innovative and vibrant character-driven intellectual property (IP) created to revolutionise customer engagement across Asia. This creative initiative introduces 16 unique characters, each reflecting different MBTI personality types, to create deeper emotional connections with customers while transforming everyday health and beauty routines into engaging, shareable experiences.

Product Product Shot

Jared DeGuzman, Customer Director of Brand Marketing, Watsons International, says, “The Watsons Family represents our strategic evolution from traditional retail to experiential retail. By harnessing the power of character-driven storytelling, we’re not just selling products – we’re creating a universe where health and beauty become sources of joy, inspiration, and community connection for our customers across Asia.”

Tapping into the Opportunities of Surging IP Market Growth

Character-driven IPs are rapidly transforming the global market, emerging as a pivotal trend for brands seeking to boost recognition, customer loyalty, and market share. IP-related products in Asia experienced a 448.94% year-over-year increase in gross merchandise value in 2024, with sales and order volumes rising by more than 200% [1]compared to the previous year, underscoring the growing value of creative, emotionally engaging brand experiences.

Recognising this transformational market opportunity and responding to evolving customer expectations across Asia, Watsons will commence The Watsons Family launch in Hong Kong, serving as the strategic launchpad for regional expansion. The initiative will subsequently roll out across Asian markets including Mainland China, Malaysia, Taiwan and Thailand. The rollout will be accompanied by dynamic marketing campaigns designed to immerse customers in the lively spirit of the IP.

In Hong Kong, the launch will spotlight 3 flagship characters – Sunny (the wellness champion), Kilo (the energetic fitness coach), and Flora (the glowing facial mask), representing supplement, wellness, and beauty respectively. From 17 September, customers will be welcomed into The Watsons Family universe through a vibrant health campaign. During this period, Watsons stores will be transformed with colourful visuals, immersing shoppers in the playful energy of the characters. The excitement will extend online with exclusive social campaigns designed to deepen engagement across digital platforms. To add an extra layer of delight, a special Meet & Greet event featuring The Watsons Family characters will also be launched.

To integrate The Watsons Family into daily routines, Watsons will launch Own Brand products featuring character-inspired packaging in the markets of Hong Kong, Malaysia, Taiwan, and Thailand. Everyday essentials – from skincare and personal care to body care – will be reimagined with collectible designs, turning routine self-care into a joyful experience.

Watsons is dedicated to making customers LOOK GOOD, DO GOOD, FEEL GREAT and driving innovation. With the launch of The Watsons Family, Watsons aims to build a more engaging and emotionally connected community, empowering every customer to discover joy, confidence, and self-care through vibrant storytelling and creative experiences.


[1] Source: Retail Asia, “IP-related product sales soar by 448.94% in 2024,” Feb 2025: https://retailasia.com/news/ip-related-product-sales-soar-44894-in-2024

Hashtag: #Watsons

The issuer is solely responsible for the content of this announcement.