Strategic Collaboration

Biolidics partners Japan's Sysmex Corp for cancer-related R&D

SINGAPORE (Feb 20): Biolidics Limited has established a strategic partnership with Sysmex Corporation, a Tokyo Stock Exchange-listed supplier of hematology instruments, to collaborate on the development of laboratory assays in the field of circulating tumour cells.

See: Biolidics selling 27.5 mil new shares at 28 cents each in conjunction with Catalist listing

Banyan Tree enters into strategic collaboration with AccorHotels

SINGAPORE (Dec 8): Banyan Tree Holdings announced that it has entered into a strategic collaboration with hotel giant AccorHotels which is investing $24 million in the operator of luxury resorts.

Under the agreement, Banyan Tree will have access to Accor’s global reservations and sales networks as well as its loyalty programme, Le Club AccorHotels.

Banyan Tree and Accor will also co-develop hotels and branded residences under the Banyan Tree, Angsana, Cassia and Dhawa brands, which would be managed by Accor under the Banyan Tree brand.

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