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BioWorld by Clarivate Releases Comprehensive 2024 Year in Review

Series Recaps Biopharma, MedTech, and Science Trends and Breakthroughs That Shaped the Year

LONDON, Jan. 16, 2025 /PRNewswire/ — BioWorld™ published by Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, has released its highly anticipated 2024 Year in Review series. This multipart special report offers an in-depth analysis of the therapeutic trends, regulatory actions and economic shifts that defined biopharma, med tech and scientific innovation over the past year while forecasting key developments for 2025.

As the biopharma and med-tech industries continue to evolve, 2024 proved to be a landmark year. The comprehensive recap by BioWorld highlights therapeutic breakthroughs in psychiatry, oncology, women’s health and infectious diseases, alongside economic highs and lows that challenged the global landscape. The series also examines regulatory changes, including U.S. court cases and international policy shifts, that could shape the future of drug pricing, reimbursement, and innovation.

Lynn Yoffee, Publisher of BioWorld, said: “The 2024 Year in Review series provides a powerful lens into the transformative events and advancements that shaped our industry this year. With our team of expert journalists and analysts, we strive to distill complex developments into actionable insights, empowering stakeholders to make informed decisions as they navigate 2025 and beyond.”

Key Highlights of the BioWorld 2024 Year in Review Series:

BioWorld Year in Review: This section highlights the top mergers and acquisitions, licensing deals, financings, and first approvals of 2024. It also provides insights into key therapeutic trends such as GLP-1 receptor agonists, antibody-drug conjugates (ADCs), psychedelics, and the evolving role of precision psychiatry, alongside innovations spurred by the pandemic. Featured articles include:

  • The Economy: Top Biopharma Trends of 2024 by Amanda Lanier 
    A comprehensive infographic that highlights how 2024 showcased resilience amidst challenges, with biopharma financing and deal values rebounding significantly despite over 18,000 job losses and a tempered IPO market. Spotlights include record-high deal values, a steady M&A pace with reduced total value, and a slightly increased rate of workforce reductions compared to 2023.
  • Year’s top US court cases to present new challenges for 2025 by Mari Serebrov
    The Loper Bright decision ended the Chevron doctrine, curbing agency authority and reshaping regulatory dynamics for 2025. Meanwhile, Gilead’s $40 million settlement over HIV drug delays highlights new liability risks for biopharma. Both developments underscore the evolving legal landscape and its potential to reshape regulatory and innovation dynamics in 2025.
  • European VC improves in 2024, driven by ADCs and CNS, inflammatory drugs by Nuala Moran
    European biotech funding improved in 2024, with venture capital raised exceeding 2020 levels but still trailing the pandemic peak. Investors favored later-stage programs with clearer paths to exits, while antibody-drug conjugates (ADCs) and central nervous system (CNS) assets drew significant interest. Despite challenges like closed public markets and antimicrobial fragility, optimism for 2025 is growing, fueled by expected macroeconomic improvements and strong M&A activity.
  • GLP-1 receptor agonists continue their global victory tour by Anette Breindl
    GLP-1 receptor agonists (GLP-1RAs) had a transformative 2024, expanding into new therapeutic indications, including FDA approval for treating obstructive sleep apnea in adults with obesity, while continuing to demonstrate benefits in cardiovascular health, kidney disease, and other conditions. Despite their success, GLP-1RAs remain treatments rather than cures for underlying conditions like diabetes, prompting ongoing research into root-cause solutions.

BioWorld MedTech Year in Review: This section recaps key med-tech and diagnostic breakthroughs, covering cutting-edge advancements in brain mapping and pregnancy health, as well as regulatory developments expected to impact the sector in 2025. Coverage includes: 

  • AI drives financings, approvals for APAC med-tech in 2024 By Marian (YoonJee) Chu
    In 2024, AI spurred significant financings and approvals in APAC med-tech, leveraging regional strengths like talent pools, data infrastructure, and government support. Key highlights included AI-powered IPOs, billion-dollar pharma collaborations, and national investments, solidifying APAC’s role in AI-driven healthcare innovation.
  • Medicare coverage issues abound in 2024 by Mark McCarty
    In 2024, Medicare faced challenges in covering emerging technologies, with the new TCET policy offering limited scope. Coverage for digital health and SaaS remained stalled due to outdated benefit categories. Meanwhile, Medicare’s reimbursement rates for radiation oncology and skin substitutes sparked controversy.

BioWorld Science Year in Review: This section explores key research milestones, featuring global collaborations in infectious diseases, breakthroughs in curable tumors and innovations in women’s health and neuroscience. Key highlights include:

  • The map for a journey to the center of the brain by Mar de Miguel
    The year 2024 marks a milestone with the end of a long journey: a complete cellular map of the fruit fly brain, Drosophila melanogaster, and a cubic millimeter of the human brain. The adventure is just beginning for the thinking species Homo sapiens.
  • Progress in cancer research, even the toughest types by Mar de Miguel and Anette Breindl
    Among the most profound results presented at the 2024 European Society for Medical Oncology  Congress were the 10-year data from the Checkmate-067 and Keynote-006 trials, the phase III trials that tested Opdivo (nivolumab, Bristol Myers Squibb Co.) and Keytruda (pembrolizumab, Merck & Co. Inc.) as first-line agents in advanced or metastatic melanoma.

The series also includes the BioWorld editorial picks for the “Best of 2024,” dynamic infographics summarizing key data, and a global perspective on funding and policy changes across Europe and Asia.

To access the full BioWorld special series, visit https://www.bioworld.com/special_reports.  

Join the conversation and mention BioWorld on X and LinkedIn as well as Clarivate for Life Sciences & Healthcare on X and LinkedIn

About BioWorld
With writers and editors stationed around the globe, BioWorld published by Clarivate, reports the breaking news – and provides key perspective on thousands of therapeutics and devices in development, the companies behind those candidates, the business development transactions that evolve the markets, and the regulatory hurdles that both challenge and guard the processes. BioWorld has a long tradition of excellence in journalism. Collectively, the news services have been honored with 70 awards dating back to 1998.

About Clarivate
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.Clarivate.com.

Media Contact:
Catherine Daniel
Director, External Communications, Life Sciences & Healthcare
newsroom@Clarivate.com

Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and SignalPlus, an innovative social trading platform aimed at democratizing options trading for digital and crypto assets, are excited to announce the Bybit x SignalPlus 2025 Global Trading Competition. With a staggering total prize pool of 100,000 USDC, this competition promises to be the ultimate stage for traders to showcase their skills and seize lucrative rewards.

From now until February 5, 2025, 8:00 AM UTC, the competition is open to all Bybit users—excluding residents of restricted jurisdictions.. This event invites participants to engage in options, spot, or futures trading for their chance to claim a share of the impressive prize pool.

“We are thrilled to partner with SignalPlus for the Bybit x SignalPlus 2025 Global Trading Competition,” said Joan Han, Sales & Marketing Director at Bybit. “This event reflects our commitment to fostering an active and vibrant trading community. Whether you’re a novice or a seasoned trader, this competition offers a platform to enhance your trading skills and earn exciting rewards.”

Chris Yu, CEO at SignalPlus, shared his enthusiasm: “Collaborating with Bybit reflects our unwavering commitment to empowering traders with cutting-edge tools and actionable insights. This competition is a unique opportunity for participants to showcase their trading expertise and be handsomely rewarded for their achievements.”

Competition Highlights

  • 100,000 USDC Prize Pool: Compete for your share of a massive prize pool.
  • Daily Rewards System: Win prizes daily, with rewards credited promptly to energize your next trades.
  • Team Competition: The top four (4) teams will split a 7,300 USDC prize pool. Daily, one lucky team member will win a luxury 3-day, 2-night trip to Korea or its equivalent value in USDC.
  • Individual Competition: The top 35 winners will share 7,702 USDC, with individual prizes ranging from 30 USDC to 2,000 USDC. Daily rankings and lucky draws offer opportunities to win up to 250 USDC.
  • Daily Lucky Draw: Over 21 days, 129 winners will be chosen daily, ensuring that every trade counts toward exciting rewards.
  • Special Bonuses: Link your Bybit API to SignalPlus for a 10 USDC rebate. Complete your first Options trade on SignalPlus to earn an additional 20 USDC rebate.

For more details on the Bybit x SignalPlus 2025 Global Trading Competition, please visit here: https://announcements.bybit.com/article/-bybit-x-signalplus-2025-global-trading-competition-returns-with-bigger-rewards-win-your-share-of-the-100-000-usdc-prize-pool–blt36f0435aff9e950f/

Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown
Bybit & SignalPlus Unveil the 100,000 USDC Global Trading Showdown

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Shanghai tops South Korean tourist destinations

SHANGHAI, Jan. 16, 2025 /PRNewswire/ — A news report from korean.shanghai.gov.cn

Shanghai has become the top choice for South Korean tourists, due to China’s 240-hour transit visa-free policy.

According to LY.com, a leading Chinese travel platform, South Korean tourist arrivals in Shanghai have surged since mid-December 2024.

In addition, Huangpu district has emerged as the most popular area among South Korean visitors.

An LY.com research institute representative highlighted Huangpu district’s cultural and historical appeal. Iconic attractions, such as the Yuyuan Garden and the Bund, continue to draw significant attention.

The district also holds historical significance for South Korean visitors, as the former site of the Provisional Government of the Republic of Korea is located there.

Pudong New Area is another hotspot, attracting visitors with its world-famous Shanghai Disney Resort and iconic Lujiazui skyline — which features landmarks like the Shanghai World Financial Center, the Jin Mao Tower, the Shanghai Tower, and the Oriental Pearl Tower.

Beyond sightseeing and shopping, South Korean tourists are immersing themselves in Shanghai’s culture, exploring trendy spots like cafes, bars, and night markets. Many document their travel experiences on social media, showcasing tightly packed itineraries designed to maximize their time and budget.

Shanghai’s modern infrastructure and convenient transportation system further enhance the visitor experience. Weekly flights between South Korea and Shanghai are heavily booked, with Busan showing a 115.8 percent year-on-year growth, followed by Seoul and Jeju, from mid-December 2024 to early January 2025. Local hotels have also introduced packages specifically for South Korean tourists to lower costs and boost satisfaction.

The hospitality data reflects this growing demand. From Dec 21, 2024, to Jan 12, 2025, the average occupancy rate at the Mehood Elegant Hotel near the Bund topped 91 percent, while the Shanghai Elong Hotel reported that its rates were above 98 percent. A representative of the Elong attributed the rise to the favorable visa policies and the increasing international bookings.

Related Stories

DHL refashions retired DHL courier uniforms for a charitable cause

  • The limited-edition pre-order will begin today, marking the addition of new DHL fashion items to the sought-after DHL collection among fashionistas
  • In collaboration with the local NGO Redress, a charity sale of the fashion pieces will be held, with all profits to be donated in support of next generation of designers to address fashion’s environmental challenges

HONG KONG SAR – Media OutReach Newswire – 8 January 2025 – DHL Express (DHL), the world’s leading international express service provider, today introduces limited-edition fashion pieces made from its retired uniforms. This initiative supports the development of sustainable fashion in Hong Kong, striving to breathe new life into retired apparel while supporting the next generation of designers to address fashion’s environmental challenges.

DHL x ANGUS TSUI - DHL Uniform Upcycled Collection
DHL x ANGUS TSUI – DHL Uniform Upcycled Collection

Refashioned by Angus Tsui, a renowned local designer famous for his sustainable designs, the limited-edition sling bags, shoulder bags and wallets were made by utilizing retired DHL uniform items including waterproof combi jackets, raincoats, cargo trousers and quilted liners, all while ensuring significant durability and functionality. Pre-orders for the stylish pieces will begin on January 8th.

DHL will hold a charity sale in partnership with Redress, a Hong Kong-based environmental NGO, to further advocate for and support local sustainable fashion. All profits will be donated towards the NGO’s work to provide development support to emerging designers in their alumni network via the Redress Design Award program. These designers are – a new breed of fashion designers prioritizing sustainability and circularity as much as desirability.

“Underlining our commitment to the development of sustainable fashion in Hong Kong, we are extremely excited to give retired DHL uniforms a second life through Angus Tsui’s creativity. This initiative contributes to DHL’s mission as a leading logistics partner in the fashion and retail industry, enhancing sustainability awareness. Moreover, we are proud to put the limited-edition fashion pieces up for sale, supporting a charitable cause in collaboration with Redress, and aiming to further promote a positive change in the industry,” said Andy Chiang, Senior Vice President and Managing Director, DHL Express Hong Kong and Macau.

“I am thrilled to be working with DHL and Redress, especially on this meaningful and exciting project that creates a positive impact on the environment and supports a charitable cause. It’s an honor that this design won the DHL GoGreen Plus Alumni Prize in the Redress Design Award 2024. Now I also take pride in seeing the idea come to life through retired DHL courier uniforms, transforming them into stylish, functional fashion pieces inspired by the journey of a DHL shipment while highlighting the brand’s iconic look, logo, and colors,” said Angus Tsui.

Angus Tsui, who brought his unique vision into reimagining retired DHL uniforms, won the “DHL GoGreen Plus Alumni Prize” in partnership with Redress. In 2014, Angus launched his namesake sustainable womenswear and menswear brand, employing zero-waste, upcycling, and reconstruction design techniques. He is also the recipient of the Redress Design Award Hong Kong 2012 People’s Choice Award.

DHL Express x Redress Charity Sale

These limited-edition upcycled bags will be available for pre-order at angustsui.com/shop starting January 8th, with exclusive delivery by DHL Express using GoGreen Plus, an innovative solution that helps shippers reduce CO2e emissions through the use of sustainable aviation fuel. Deliveries are expected to begin in Q1 2025. By participating in this charity sale, customers can secure a unique fashion piece and support local sustainable fashion initiatives. Don’t miss the chance to make a positive impact—get ready to place your order!

DHL Express x Redress Charity Sale
Proceeds raised will be donated to Redress to support emerging designers in their efforts, enabling them to initiate exciting collaborations and contribute to a more circular fashion industry.

DHL Upcycled Voyager Shoulder Bag

  • This everyday accessory features a front pocket with the iconic DHL logo and zippers and trims repurposed from original uniforms
  • Price: HK$1,980

DHL Upcycled Versatile Sling Bag

  • This contemporary design includes an adjustable webbing strap for use as a waist bag or crossbody sling, featuring the iconic DHL logo and repurposed trims for a touch of heritage
  • Price: HK$1,980

DHL Upcycled Journeyer Wallet

  • Perfect for everyday use, this accessory includes a front pocket with a notable zipper and a main compartment with multiple card slots
  • Price: HK$980

To learn more about this collaboration:
https://www.dhl.com/discover/en-hk/about-dhl/dhl-stories/uniform-upcycling-with-angus-tsui

Please access the high-res images here.

Hashtag: #DHLExpressHongKong




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

About DHL GoGreen Plus Alumni Prize

DHL has teamed up with Redress to launch the “DHL GoGreen Plus Alumni Prize” in 2024. This prize challenges Redress Alumni designers to upcycle retired DHL uniforms into a fashion or accessory item, extending the life of the garments. The winning designer will be celebrated through marketing activities from both DHL and Redress, and will receive DHL shipping credits worth HK$50,000. This support is designed not only to facilitate the growth of their brand but also to empower the designer in their aspiration to expand into global markets.

About Redress

Redress is a Hong Kong-based, Asia-focused environmental NGO with a mission to accelerate the change to a circular fashion industry by educating and empowering designers and consumers so as to reduce clothing’s negative environmental impacts. Since 2011, Redress has organized the Redress Design Award to educate designers about the negative environmental impacts of fashion and inspire them to incorporate sustainable design techniques such as zero-waste, upcycling, and reconstruction to minimize waste in the industry. DHL Express is proud to be the official logistics partner of the “Redress Design Award 2024” with its GoGreen Plus service, which helps to reduce carbon emissions of the international shipments using sustainable aviation fuel (SAF). Through DHL’s GoGreen Plus service, the sustainable fashion collections created by 10 finalists from 9 different countries and regions have been delivered to Hong Kong for the Final on September 6, 2024, at the Hong Kong Convention and Exhibition Centre. These carbon emission reductions and allocations are validated by a third-party auditor and Redress accounts for a 50% CO2e reduction compared to using conventional jet fuel.

To learn more about this award:

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 81.8 billion euros in 2023. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

SKF to publish Q4 report on 31 January

GOTHENBURG, Sweden, Jan. 16, 2025 /PRNewswire/ — SKF will publish its Q4 results for 2024 on 31 January at approximately 07:00 (CET).

Investors, analysts and media are invited to join a webcast, which will be held in English, at 08:00 (CET).

To join the webcast, please login at least 10 minutes before the start using the below link or phone numbers:

Link to web event: https://www.investis-live.com/skf/675823f083fc4b000e12bc0e/pakvt
Sweden: +46 8 5051 0031
UK / International: +44 207 107 0613

All information regarding the results will be made available on the Group’s IR website: https://investors.skf.com/en/quarterly-reports

Media: To book interviews with Rickard Gustafson, President and CEO, or Carina van den Berg, CFO (Acting), after the webcast, please contact Carl Bjernstam on carl.bjernstam@skf.com.

Aktiebolaget SKF
(publ)

For further information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com

INVESTOR RELATIONS: Sophie Arnius, Head of Investor Relations
tel: 46 31-337 8072; mobile: 46 705-908 072; e-mail: sophie.arnius@skf.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-to-publish-q4-report-on-31-january,c4092005

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20250116 SKF to publish Q4 report on 31 January

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SKF Göteborg 2021 4709 jpeg fullresolution – Copy

Invitation to Electrolux Group Q4 presentation

STOCKHOLM, Jan. 16, 2025 /PRNewswire/ — Electrolux Group results for the fourth quarter of 2024 will be published on January 30, 2025, at approx. 08.00 CET.

A telephone conference will be held following the release of the results, starting at 09.00 CET.

Yannick Fierling, President and CEO, and Therese Friberg, CFO, will comment on the report. Information on how to join the telephone conference is available HERE.

Slides used in the presentation and report will be available at the Group’s website, www.electroluxgroup.com/ir.

For more information:
Maria Åkerhielm, Investor Relations, +46 70 796 3856
Electrolux Group Press Hotline, +46 8 657 65 07

This information was brought to you by Cision http://news.cision.com.

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KT&G Social Welfare Foundation Sends “SangSang Withus” College Student Volunteer Group to Vietnam

– Contributes to education of future Vietnamese talent through practical support including learning environment improvement and teaching sessions

SEOUL, South Korea, Jan. 16, 2025 /PRNewswire/ — KT&G Social Welfare Foundation’s college student volunteer group “SangSang Withus” team, consisting of 40 volunteers, visited Vietnam from the 8th to 17th.

KT&G Social Welfare Foundation's college student volunteer group
KT&G Social Welfare Foundation’s college student volunteer group “SangSang Withus” team is painting murals for a Vietnamese school

The SangSang Withus team visited Quoi Son Primary School in Ben Tre Province, and painted murals on school walls to provide a better learning environment for students. The team went on to host teaching sessions using self-devised learning tools and curriculums. Various exchange programs, including Korean culture-themed performances, Korean traditional games, and a sports day, were also organized for students.

The KT&G Social Welfare Foundation has been making social contributions in Vietnam since 2019. The foundation has built primary schools and improved infrastructure for health centers in locations including Ho Chi Minh City, Soc Trang Province, and Quang Nam Province, while sending dedicated volunteer teams to Vietnam to host teaching sessions. In 2019, the foundation has also supported health checkups and health surgeries for local Vietnamese residents.

Until now, a total of 200 volunteers over the course of 5 trips visited Vietnam to assist improving the learning environment for future Vietnamese talent. Overall, the foundation’s support totals to an approximate of $2 million.

A KT&G Social Welfare Foundation spokesperson said that he hopes “this trip contributes to the education of future Vietnamese talent” and that “the foundation will continue to fulfill its responsibilities as a global citizen by continuing its practical social contributions and providing better learning environments for future Vietnamese talent.”

Recent Cold Snap Damages Coffee Plantations in Champasack

Recent Cold Snap Damages Coffee Plantations in Champasack
Recent Cold Snap Damages Coffee Plantations in Champasack

On 14 January, the Department of Agriculture and Forestry of Champasack Province reported significant damage to coffee plantations in Pak Song district caused by frost and fog over the past few days.

The cold snap, which affected both the crops and farmers’ livelihoods, has hit 37 families across 32.6 hectares of coffee fields. 

Among the hardest-hit areas are Houaysan village, where 13 families manage 11.7 hectares, and Setapoung Village, home to 15 families overseeing 7.6 hectares. 

Other affected villages include Nong Ya Thueng with six families and 7.3 hectares, and KM5 with three families and 6 hectares of damaged coffee crops.

In addition to these areas, a more recent survey by the Department revealed that frost and fog have extended their reach. The weather monitoring team, active between 11 to 14 January, identified further damage in Houay Set Village (20 families, 20 hectares), Kong Toun Village (9 families, 11 hectares), and Ka Touad Village (31 families, 7.8 hectares). Data collection continues as more areas report frost-related losses.

Farmers have shared their concerns that the frosty conditions are particularly severe in lowland areas, where the lack of shade trees has left crops vulnerable to the cold. This is not the first time the district has faced frost damage. According to the Department of Agriculture and Forestry, previous incidents occurred between 2005-2009 and 2015-2019, leaving a long history of crop destruction.

Since the onset of the cold weather, the Department of Agriculture and Forestry has been closely monitoring the situation and advising farmers on measures to protect their crops. 

Among the strategies are creating smoke at various points in frost-prone areas, particularly low-lying or windy spots, and watering or shaking plants to help disperse fog. In addition, farmers are urged to cover their coffee plants with plastic to shield them from the chill, and to trim any damaged branches—especially those affected by more than 60 percent frost damage.

To help the plants recover, the Department also recommends applying foliar fertilizers to nourish the coffee trees and encourage healthy growth.