On Monday, Shares of Pfizer Inc. (NYSE:PFE), gained 1.34% to $34.82.
Pfizer’s Centers for Therapeutic Innovation (CTI) and the Jeffrey Modell Foundation (JMF) declared recently a partnership agreement to conduct research in the field of immunological diseases. CTI and JMF will identify and co-fund translational research projects with leading academic medical centers within the CTI network. The aim of each research project will be to identify and validate a potential drug candidate for an immunological disease that can be moved into further clinical testing.
The partnership with CTI represents JMF’s first alliance with a biopharmaceutical company. “We are excited about the opportunity to collaborate with Pfizer as we broaden our commitment to make a world of difference in the lives of patients with immunological diseases,” said Vicki Modell, co-founder of the Jeffrey Modell Foundation. “JMF’s expertise in Primary Immunodeficiency and extensive network of collaborators, combined with Pfizer’s impressive research and development capabilities has the potential to identify and advance novel research projects. Together, we hope to make meaningful advancements in our understanding of immunological diseases.”
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of Wal-Mart Stores Inc. (NYSE:WMT), inclined 1.04% to $73.88, during its last trading session.
Walmart Canada declared the launch of its Online Grocery Pickup service for Ottawa -area customers, offering shoppers a broad selection of grocery items counting fresh food at unbeatable prices and having them ready for pickup at one of 11 Ottawa-area stores. The service allows Ottawa customers the convenience of doing their grocery shopping from the comfort of their home or on the go, and choosing a pickup time and location that is convenient for them. Customers will enjoy Walmart’s fresh, top-quality grocery assortment at unbeatable prices with the added convenience of a dedicated grocery shopper.
The new pickup service offers grocery pickup, allowing customers to select from Walmart’s top-quality selection of everyday grocery items in addition to produce and meats. Trained, dedicated grocery shoppers have been hired at all participating locations to ensure items are carefully hand-picked, and packaged with care. Starting recently, grocery orders for pick up can be placed on Walmart.ca. The first pickup will be on July 7 at six locations. The service will be added to five additional stores on July 21 . The pickup fee is $3 and customers will be able to order up to 21 days in advance.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, restaurants, apparel stores, drug stores, and convenience stores, in addition to retail Websites, such as walmart.com and samsclub.com.
Finally, KBR, Inc. (NYSE:KBR), ended its last trade with 1.36% gain, and closed at $18.70.
KBR, declared that it received an award from Hydrocarbon Processing for its work on the Sadara Chemical Project in Saudi Arabia. The award was presented during the recent sixth annual International Refining and Petrochemical Conference in Abu Dhabi, United Arab Emirates.
The Sadara Chemical joint venture won the top petrochemical project by Hydrocarbon Processing readers through an online survey last year and was selected for its impact on the global petrochemical industry.
KBR has been actively involved with this project since its inception in 2007 and has executed the project feasibility and pre-FEED for the entire complex, in addition to the FEED scopes of several major assets. KBR is also a licensor of its Aniline technology for the project. KBR is presently the project administration contractor (PMC) and has about 700 specialized personnel at the Jubail site, where the company has achieved an impressive OSHA Total Recordable Incident Rate (TRIFR) of 0.03 and zero incidents since 2009. This is an outstanding result for such a mega-project in the Region.
KBR, Inc. operates as an engineering, construction, and services company worldwide. The company operates through three segments: Technology & Consulting, Engineering & Construction, and Government Services.
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