Category: 3. Business

  • Arkema starts up its new Rilsan® clear transparent polyamide unit in Singapore

    Arkema starts up its new Rilsan® clear transparent polyamide unit in Singapore

    This successful start-up represents a major step forward for Arkema, as the new unit triples the Group’s global production capacity of Rilsan® Clear transparent polyamide. This investment of around US$20 million, announced in July 2025, is part of the major growth projects in which Arkema has recently invested to support its strategic roadmap on Specialty Materials.

    Designed for operational excellence and reliability, this new unit will enable Arkema to meet the growing demand for sustainable high-performance transparent materials across key markets such as eyewear, AR/VR and smart consumer electronics, industrial filtration, healthcare devices and home appliances.

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  • Boost for new homes and housing sector as Homes England, HSBC and NatWest agree £165 million financing deal with Allison Homes

    Boost for new homes and housing sector as Homes England, HSBC and NatWest agree £165 million financing deal with Allison Homes

    Homes England, alongside HSBC and NatWest, will provide Allison Homes, a fast-growing regional homebuilder, with a £165 million finance facility to support its continued expansion across the East of England, the Midlands and Southwest. 

    The refinancing package marks a significant milestone in the company’s growth strategy, enabling it to accelerate land acquisition and development and increase the supply of affordable, high-quality homes across its regions. 

    Simon Century, Chief Investment Officer at Homes England, said: 

    Small and medium housebuilders play a vital role in building a diverse and resilient housing sector. Funding from Homes England will enable Allison Homes to expand its regional delivery, supporting the construction of more high quality, affordable homes. 

    This financing deal is a prime example of how the Agency works collaboratively with both public and private partners to achieve our mission of building thriving communities that people can be proud to call home.

    Ian Trinder, Chief Financial Officer of Allison Homes, said: 

    This is a very exciting moment for our business as it shows real confidence from strong funding partners in our long-term growth plans. Regional homebuilders, like Allison Homes, play a crucial role in delivering the housing needed to meet local and national demand, while also investing in infrastructure, creating jobs and supporting the local economy. 

    Importantly, this financial package means we can continue our ambitious growth trajectory, whilst focusing on what matters most – building high-quality homes, creating places people are proud to live in, and being the homebuilder that people can trust. 

    Over the past year, we’ve taken decisive steps to strengthen the business for the long term – investing heavily in land, regional growth, operational infrastructure, systems and our people. We’ve also grown unit sales from 626 to 808 and revenue from £154 million to £202 million, with a significant focus on recurring partnership revenue alongside open market sales. 

    Delivering this during a challenging economic period has been no small task, and we’re incredibly proud of what we’ve achieved to date. The country continues to face a significant housing shortfall, and our sector has an important responsibility to help address it.” 

    HSBC and NatWest have worked with Allison Homes for a number of years, and Homes England is joining alongside the existing lenders to provide further growth capital for the business as it enters a new period of growth, supported by a strong pipeline of consented sites. 

    Financing will be provided by the Home Building Fund, which is designed to support SME housebuilders to overcome funding barriers in order to build homes more quickly.  

    The loan will be utilised to bring forward a strong land pipeline and support the growth of two newer regions in the South West and East Midlands. The objective of this is to take delivery from around 700 homes a year, predominantly from the East Division, to around 2000 homes over the term of the loan. 

    Allison Homes has an extensive development pipeline, underpinned by a land acquisition strategy balanced between partnerships and open market homes, following the expansion of its partnerships division. The homebuilder has also recently opened offices in Bristol and the East Midlands and acquired its largest site yet – a 510 home development in a prime Bristol location. 

    Mark Pope, Director at NatWest Real Estate Finance, said:  

    We are delighted to continue to be able to support Allison Homes with this facility to help them achieve their future growth plans, delivering much needed additional housing. NatWest has a long history of supporting the residential market across all tenures, and this transaction is another example of how we provide execution excellence, delivering optimal funding solutions alongside our lending partners.

    Joe Bailey, Relationship Director, HSBC Real Estate Finance, said:  

    HSBC UK is pleased to continue supporting Allison Homes at a pivotal stage in its growth journey. This new financing package reflects our confidence in the strength of the business, its management team and its commitment to delivering high-quality homes across the regions it serves.

    Completion of the facility took place on 18 December 2025. 

    ENDS 

    Notes to editors   

    • Homes England is the government’s housing and regeneration Agency, and we’re here to drive the creation of more affordable, quality homes and thriving places so that everyone has a place to live and grow.  We make this happen by working in partnership with thousands of organisations of all sizes, using our powers, expertise, land, capital and influence to bring investment to communities and get more quality homes built.  View our explainer animation: Homes England 2025 Animation.
    • Financial support for the housebuilding sector will be strengthened further with the launch of the new National Housing Bank, a subsidiary of Homes England, in April 2026. See our investment road map here.
    • For more information on Homes England’s financial support for the SME housebuilding sector, visit The Home Building Fund — lending and investments to support housebuilding – GOV.UK

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  • Worldline strengthens long-term partnership with PSA to deliver next-generation payments in Austria

    Worldline’s next-generation, cloud-based and API-enabled payment platforms deliver scalable payment processing while ensuring agility in deploying new functionalities. PSA plays a central role in Austria’s payments ecosystem, providing mission-critical payment services for financial institutions and ensuring secure and reliable payment transactions at national scale.

    By anchoring the solution in Worldline’s European sovereign cloud, PSA can modernise its payments infrastructure without compromising on critical areas like continuity, stability, security, or resilience. While providing the benefits of scale, this approach maintains a strong focus on serving the specific needs and payment preferences of the Austrian community. This collaboration sets a new benchmark for payments across Austria, as Worldline and PSA combine the benefits of scalable, resilient, and secure next-generation payment technology.

    “The ambitious project we are launching with Worldline marks a major milestone in our long-term strategy,” says David Ostah, Co-CEO at PSA. “It is one of the most important initiatives for the coming decade, enabling us to pursue our growth ambitions, enhance our product and service offering, and provide our customers with a modern, resilient and fully sovereign European next-generation cloud solution, while continuing to meet the specific regulatory and Austrian market requirements.”

    Madalena Cascais Tomé, Group Chief Processing & Financial Institutions Officer at Worldline, added: “We are proud that PSA has chosen Worldline as its trusted partner of choice. We sincerely thank the PSA team for their confidence and trust, and we are fully committed to supporting their future strategy with best-in-class solutions, continuous innovation, and deep payments expertise.”

    About Worldline

    Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.6 billion euros revenue in 2024. worldline.com

    Worldline’s corporate purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible, and supports social transformation.

    About PSA Payment Services Austria GmbH (PSA)

    PSA Payment Services Austria GmbH is a transaction service provider and Austria’s centre of excellence for cashless payments. As a trusted partner, PSA offers card, account, and identity products, ensuring secure, fast, and convenient payment transactions both domestically and internationally. On behalf of banks, PSA processes card and clearinghouse transactions (account-to-account transfers) and provides access to international payment systems. Its range of services also includes eps (Electronic Payment Standard), digital authentication services, and the ongoing development of creative solutions and innovative products for accounts and cards. Additionally, PSA represents Austria in European standardisation and coordination committees. www.psa.at

    Press contacts

    Marcel Woutersen

    T +31 (0)6 29 05 08 71

    E marcel.woutersen@worldline.com

    Virginie Bonnet

    T +33 (0) 6 18 70 72 12

    E Virginie.bonnet@worldline.com

    Download press release

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  • Smart bet, only option, or both?: Biopharma R&D turns to AI

    Smart bet, only option, or both?: Biopharma R&D turns to AI

    Discover how artificial intelligence is reshaping drug discovery, clinical trials, and regulatory processes – and what leaders must do to scale its impact.

    The pharmaceutical and biotechnology industry faces persistent challenges in research and development (R&D): high drug development costs, elevated clinical failure rates, and declining returns on investment. These hurdles have made it increasingly difficult to bring successful new drugs to market.

    Artificial intelligence (AI) is changing that. The technology is emerging as a powerful catalyst for breakthroughs in biopharma R&D – streamlining discovery, optimizing trial design, and enabling predictive insights – and it’s now poised to bring biopharma R&D more agile, data-driven, and outcome-oriented processes.

    The latest report from the Capgemini Research Institute, Smart bet, only option, or both?: Biopharma R&D turns to AI, explores how advances in biology, physics, and computational power are converging to enable this transformation now. Biopharma organizations are recognizing this potential; our global survey of 500 senior executives across eight countries reveals:

    • 82% believe AI will fundamentally transform biopharma R&D
    • 63% agree that companies failing to scale AI will fall behind in innovation and market relevance
    • 63% anticipate that most new molecular entities (NMEs) will originate from AI-driven platforms within the next decade.

    The research also shows that organizations are already realizing benefits related to:

    • Drug discovery: 74% see significant potential in generative AI. Target identification is the most widely adopted use case, with 43% implementing it and reporting an average 28% time savings.
    • Clinical trials: Over 60% affirm that Gen AI can substantially improve trial efficiency and outcomes.
    • Regulatory submissions: 73% agree Gen AI can fundamentally transform regulatory workflows. Among adopters, productivity gains average 19% time savings.

    Yet despite this progress, challenges remain. Having established foundational data capabilities, many organizations still lack data readiness and operational maturity to scale AI effectively. To unlock AI’s full potential, biopharma leaders must address these gaps by:

    • Securing senior leadership buy-in
    • Defining clear goals and risk profiles
    • Balancing in-house capabilities with strategic partnerships
    • Building a data- and digital-savvy workforce
    • Advocating for industry-wide data standards.

    Smart bet, only option, or both?: Biopharma R&D turns to AI is intended for C-suite executives and senior leaders in global pharmaceutical and biotechnology organizations, offering clear recommendations to help them understand the benefits that AI can bring to the drug discovery and development process.

    To discover how large and mid-sized biopharma organizations can implement AI and scale their AI use cases, download the full report today.

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  • Successful Coffee with a Cop at Murray Bridge – SAPOL – Home

    1. Successful Coffee with a Cop at Murray Bridge  SAPOL – Home
    2. We would like to thank everyone that came out to #CoffeeWithCops yesterday (1/9/26)! We love interacting with our community and having good conversations! #Culpeper #CommunityEngagement  facebook.com
    3. El Paso Police Department Boosts Community Relations with ‘Coffee with a Cop’ Initiative  Hoodline
    4. Coffee with a Cop: Fostering Community Connections in Rockport  SouthTexasNews.com
    5. Coffee time with officers  The Murray Valley Standard

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  • Concern ‘ghost stores’ taking advantage of Bondi massacre in online scam

    Concern ‘ghost stores’ taking advantage of Bondi massacre in online scam

    An online fashion retailer accused of “unconscionable conduct” is under investigation for allegedly profiting off the Bondi terror attack.

    NSW Fair Trading issued a public warning about “ghost store” Isla & James, which said it was holding a closure sale due to the mass shooting on December 14 and made “false claims” about being based in Bondi Beach.

    The site claimed one of the co-founders, James, was “shot” in the massacre and there was no “moving on” after the shooting.

    NSW Fair Trading Commissioner Natasha Mann said the agency now believed it was a “ghost store operating from overseas”.

    “We think they’re using the Bondi Beach terror attack to really try and exploit the grief of our community to try and profiteer,” she said.

    Samia Goudie was one of the customers who was duped by Isla & James last month, after coming across an emotionally-charged advertisement on Facebook.

    They emphasised the business, once their “dream”, was closing down that night and the prices had been slashed so they could “start out [their] new lives”. The site also featured an an AI-generated image of the pair.

    “Looking back, if it hadn’t had that emotional hook, I probably wouldn’t have looked at it,” she said.

    Ms Goudie said she did “periphery checks” but the site looked “sophisticated”, with a map pinned to Bondi and a correlating Instagram page.

    She spent $250 in her order, saying she did not “have the ability really to spend a lot of money” but wanted to support a good cause.

    Samia Goudie wanted to show her support in the aftermath of the Bondi terror attack. (ABC News: Nicholas Haggarty)

    Ms Goudie even emailed the store to express her sympathy and when they replied to say they were not closing down at all, the first red flag went off.

    The order has not been sent out, and she later found out the items were likely from an e-commerce platform.

    “The first reaction was, ‘How dare people do this?’ This is absolutely disgusting to use a tragedy to get people’s sympathy or empathy,”

    she said.

    “It wasn’t even like for myself, like, I’ve fallen for this. That was much later, you know, how stupid am I? … I felt like an idiot.

    “It’s just a reminder to people … to double-check what they’re donating to.”

    Concern others ‘may take similar approach’

    The website appears to have been registered on December 23 from an IP address in Arizona, in the United States.

    NSW Fair Trading said there was no contact number or trading address in the state, “nor any other evidence that the store is associated with a trader at Bondi Beach”.

    Other warning signs for ghost stores can include no Australian address, no phone number or “.au” domain, or if the ABN cannot be verified.

    Ms Mann is now warning the public about dealing with Isla & James, who she said may have engaged in a range of contraventions of Australian consumer law, including “misleading or deceptive conduct” and “unconscionable conduct in connection with the sale and supply of goods”.

    She said ghost stores could claim to be closing down due to a tragedy to pressure people into buying goods, but were often selling low-quality goods or sometimes, nothing at all.

    A menorah stands amount candles, flowers and an Australian flag at a memorial to the victims of the Bondi terror attack.

    Ghost stores piggyback off of tragedies, like the Bondi terror attack, to lure in customers. (ABC News: Mary Lloyd)

    “These ghost stores often are using really emotional stories to try and get consumers to rush into a purchase,” she said.

    “The difficulty is that the operations are based overseas to avoid returns and refunds, which means that consumers are left in the lurch.”

    Its website has now been taken down in a “welcome outcome”, but NSW Fair Trading has warned the retailer may crop up again under a different URL or “other traders may take a similar approach”. 

    “Our investigation will focus on making sure that this one remains shut down and actively monitoring to make sure that others do not arise also,” Ms Mann said.

    “The main message to consumers is just really be vigilant when you’re engaging with online traders.”

    Daniel Aghion has dark hair and wears glasses and a pink collared shirt and stands in front of green bushes.

    Daniel Aghion says using deception off the back of the massacre was “callous”. (ABC News)

    President of the Executive Council of Australian Jewry, Daniel Aghion, said at a time Jewish businesses were facing “victimisation and attacks” as well as closures, it was “callous that somebody somewhere in the world [was] trying to make money off the misery of others”. 

    “The idea that someone might try to profit from the massacre and do so by deception is just disgusting,”

    Mr Aghion said.

    “I feel for the shoppers that genuinely tried to support Bondi traders and victims of Bondi, but ended up being deceived.”

    NSW Fair Trading has urged anyone who was not satisfied with their interaction with Isla & James to lodge a complaint with them or Service NSW.

    It said any suspicious stores, fundraisers or offers linked to the Bondi attack should also be reported to Scamwatch. 

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  • Infosys Receives 2025 AWS Sustainability Partner of the Year for EMEA

    Infosys has been recognized as the 2025 AWS Sustainability Partner of the Year for the Europe, Middle East, and Africa (EMEA) region for demonstrating commitment and success in driving value for customers on their sustainability objectives. The recognition underscores Infosys’ ability to deliver innovative, AI- and cloud-powered solutions with Infosys Sustainability Cloud, harnessing Infosys Topaz™ and Infosys Cobalt™, that enable measurable environmental, social, and governance (ESG) impact and accelerate the transition to a low-carbon, resilient future.

    The award was presented during the Partner Awards Gala at AWS re:Invent 2025. It honors AWS Partners that have demonstrated significant commitment to specialization, innovation, and collaboration through advanced solutions leveraging AI, ML, IoT, and data analytics.

    Infosys was selected for its work with Economist Impact on The Sustainability Atlas, an AI-first platform designed to convert complex ESG data into clear, actionable insights for decision-makers. Powered by the integrated capabilities of Infosys Cobalt, Infosys Topaz, and AWS generative AI, the Sustainability Atlas offers clear and succinct responses to sustainability-related questions. It provides an efficient way to gain a holistic view of key sustainability themes, including climate resilience and social inclusion in different geographies around the world. The platform significantly reduces the time required for manual analysis, enabling enterprises and other users to shape effective strategies and policies based on data-driven insights.

    The recognition highlights the collaboration between Infosys and AWS that is transforming data into actionable intelligence, driving meaningful progress in equity and sustainability. This award also reaffirms Infosys’ leadership in leveraging next-generation cloud and AI technologies to address global sustainability challenges and enable resilient, future-ready enterprises.

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  • Concorde commemorative 50p coin unveiled by Royal Mint

    Concorde commemorative 50p coin unveiled by Royal Mint

    A new 50 pence coin celebrating 50 years since Concorde’s first commercial flight has been launched by the Royal Mint.

    Unveiled at the aircraft’s current home, the Aerospace Bristol Museum, the reverse or ‘tails’ side of the coin portrays the aircraft in flight, against a backdrop of a split-flap departure board, with the word Concorde appearing across the centre.

    The supersonic aircraft made its first commercial flight on 21 January 1976.

    Former chief engineer of Concorde John Britton said: “To celebrate Concorde on an official UK coin is a proud moment for everyone who dedicated their careers to keeping her in the sky.”

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  • Share buyback program – 13 January 2026

    Share buyback program – 13 January 2026

    Amsterdam, 13 January 2026 – Arcadis N.V. (Arcadis), the world’s leading company delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets, repurchased 461,483 of its own shares in the period 5 – 9 January 2026 at an average price of €36.56. The total consideration of this repurchase was €16,873,986.

    The total number of shares repurchased under this program to date is 4,141,810 shares for a total consideration of €158,797,681 at an average price of €38.34.

    The repurchase is in accordance with the share buyback program to reduce the capital of Arcadis, as announced on 1 October 2025.

    Overviews of all transactions under this program are published in weekly press releases and on the website of Arcadis.

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  • Innovation and Execution Power UCB’s Success

    Brussels, Belgium – January 13, 2026– 7:00 CET – UCB (Euronext: UCB), a global biopharmaceutical leader committed to transforming the lives of people living with severe diseases, presents at the 44th Annual J.P. Morgan Healthcare Conference its powerful growth engine, innovation-led strategy, and the expanding global impact of BIMZELX®.

    Turning Strategy into Results 

    UCB’s unwavering focus on innovation and execution excellence continues to deliver results. The company’s upgraded 2025 financial guidance underscores strong momentum and resilience, supported by a portfolio of five differentiated growth drivers —BIMZELX®, RYSTIGGO®, ZILBRYSQ®, FINTEPLA®, and EVENITY® —each addressing significant unmet medical needs through unique mechanisms of action.

    Jean-Christophe Tellier, CEO commented: “Our long-dated patent protection places us in a position of strength, underpinning resilience and enabling us to navigate uncertainty with confidence and agility. At the same time, BIMZELX® continues to expand its global footprint, having reached more than 100,000 patients worldwide —a clear validation of the recognized efficacy and differentiation of the assets. This reaffirms our intact decade-plus growth trajectory, driven by the excellence of our execution and the strength of our innovation.”

    Key Highlights from the Presentation

    • Financial Strength: Upgraded 2025 guidance (on December 5th, 2025) projects revenues exceeding €7.6 billion and an adjusted EBITDA margin above 31%, positioning UCB to deliver on its Decade+ growth strategy. 2025 financial results and the 2026 financial guidance will be announced on February 26, 2026.
    • Breakthrough Innovation: U.S. approval of KYGEVVITM, first and only approved treatment for adult and pediatric patients with Thymidine Kinase 2 deficiency, launching in Q1 2026, reinforces UCB’s commitment to addressing unmet needs. Additionally, compelling data for galvokimig in atopic dermatitis further demonstrates pipeline strength.
    • Expanded Access: 2026 BIMZELX® coverage in the U.S. has surged, adding 36 million additional patients —a +25% increase versus 2025— bringing commercial coverage above 80%, alongside broad access for Medicaid and Medicare beneficiaries.

    Confidence in Sustained Growth

    With a foundation of differentiated innovation, disciplined execution, and purpose-led performance, UCB is poised to deliver long-term value for patients, shareholders, and society.

    The CEO’s presentation and webcast from the J.P. Morgan Healthcare Conference will be available on UCB’s Investor Relations section.

    For further information, contact UCB: 

    Investor Relations
    Antje Witte 
    T +32.2.559.94.14 
    email antje.witte@ucb.com

    Sahar Yazdian
    T +32.2.559.91.37 
    email mailto:sahar.yazdian@ucb.com  

    Corporate Communications
    Laurent Schots 
    T +32.2.559.92.64 
    Email laurent.schots@ucb.com  

    About UCB 
    UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company focused on the discovery and development of innovative medicines and solutions to transform the lives of people living with severe diseases of the immune system or of the central nervous system. With approximately 9,000 people in approximately 40 countries, the company generated revenue of €6.1 billion in 2024. UCB is listed on Euronext Brussels (symbol: UCB).

    Forward looking statements 
    This document contains forward-looking statements, including, without limitation, statements containing the words “potential”, “believes”, “anticipates”, “expects”, “intends”, “plans”, “seeks”, “estimates”, “may”, “will”, “continue” and similar expressions. These forward-looking statements are based on current plans, estimates and beliefs of management. All statements, other than statements of historical facts, are statements that could be deemed forward-looking statements, including estimates of revenues, operating margins, capital expenditures, cash, other financial information, expected legal, arbitration, political, regulatory or clinical results or practices and other such estimates and results. By their nature, such forward-looking statements are not guaranteeing future performance and are subject to known and unknown risks, uncertainties, and assumptions which might cause the actual results, financial condition, performance or achievements of UCB, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements contained in this document. 
    Important factors that could result in such differences include but are not limited to: global spread and impacts of wars, pandemics and terrorism, the general geopolitical environment, climate change, changes in general economic, business and competitive conditions, the inability to obtain necessary regulatory approvals or to obtain them on acceptable terms or within expected timing, costs associated with research and development, changes in the prospects for products in the pipeline or under development by UCB, effects of future judicial decisions or governmental investigations, safety, quality, data integrity or manufacturing issues, supply chain disruption and business continuity risks; potential or actual data security and data privacy breaches, or disruptions of UCB’s information technology systems, product liability claims, challenges to patent protection for products or product candidates, competition from other products including biosimilars or disruptive technologies/business models, changes in laws or regulations, exchange rate fluctuations, changes or uncertainties in laws and/or rules pertaining to tax and duties or the administration of such laws and/or rules, and hiring, retention and compliance of employees. There is no guarantee that new product candidates will be discovered or identified in the pipeline, or that new indications for existing products will be developed and approved. Movement from concept to commercial product is uncertain; preclinical results do not guarantee safety and efficacy of product candidates in humans. So far, the complexity of the human body cannot be reproduced in computer models, cell culture systems or animal models. The length of the timing to complete clinical trials and to get regulatory approval for product marketing has varied in the past and UCB expects similar unpredictability going forward. Products or potential products which are the subject of partnerships, joint ventures or licensing collaborations may be subject to disputes between the partners or may prove to be not as safe, effective or commercially successful as UCB may have believed at the start of such partnership. UCB’s efforts to acquire other products or companies and to integrate the operations of such acquired companies may not be as successful as UCB may have believed at the moment of acquisition. Also, UCB or others could discover safety, side effects or manufacturing problems with its products and/or devices after they are marketed. The discovery of significant problems with a product similar to one of UCB’s products that implicate an entire class of products may have a material adverse effect on sales of the entire class of affected products. Moreover, sales may be impacted by international and domestic trends toward managed care and health care cost containment, including pricing pressure, political and public scrutiny, customer and prescriber patterns or practices, and the reimbursement policies imposed by third-party payers as well as legislation affecting biopharmaceutical pricing and reimbursement activities and outcomes. Finally, a breakdown, cyberattack or information security breach could compromise the confidentiality, integrity and availability of UCB’s data and systems.
    Given these uncertainties, the public is cautioned not to place any undue reliance on such forward-looking statements. These forward-looking statements are made only as of the date of this document, and do not reflect any potential impacts from the evolving event or risk as mentioned above as well as any other adversity, unless indicated otherwise. The company continues to follow the development diligently to assess the financial significance of these events, as the case may be, to UCB.
    UCB expressly disclaims any obligation to update any forward-looking statements in this document, either to confirm the actual results or to report or reflect any change in its forward-looking statements with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless such statement is required pursuant to applicable laws and regulations.

     

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