Novavax to Raise $200 Million from Private Placement with RA Capital

GAITHERSBURG, Md., June 15, 2020 (GLOBE NEWSWIRE) — Novavax, Inc. (NASDAQ: NVAX), a late-stage biotechnology company developing next-generation vaccines for serious infectious diseases, today announced that it has entered into an agreement to sell Series A Convertible preferred stock, convertible into 4,388,852 shares of common stock, to an investment fund affiliated with RA Capital Management […]

Read More

Eighty four foreign vessels driven out of Indonesia’s Bintan waters

Batam, Riau Islands The Indonesian Maritime Security Task Force of 1st Fleet Command has driven out 84 foreign vessels illegally anchoring in the Tanjung Berakit waters of Bintan District, Riau Islands Province, a navy officer said. Driving out the foreign vessels was part of the Indonesian Navy’s endeavors to strengthen its maritime security in the waters which are prone to illegal activities and crimes, the task force commander, First Admiral Yayan Sofiyan, said here Sunday. The security maritime operations had also resulted in the arrests of suspected criminals who often…

Read More

Indonesian Channel in West Sumatra cancelled due to COVID-19

  Padang, W Sumatra The ongoing global pandemic of novel coronavirus disease (COVID-19) has forced the Indonesian Government to cancel the convening of an international arts and cultural night titled “Indonesian Channel” due to be hosted by West Sumatra Province in August. The Indonesian Channel which marks the closing of this year’s Indonesian Arts and Culture Scholarship (IACS) Program is a special event for West Sumatra because some 140 youths from 70 countries would perform, Head of the West Sumatra Tourism Office Novrial said. The youths were the awardees of…

Read More

Military aircraft crashes into residential area in Riau

  Pekanbaru, Riau A military aircraft crashed into a residential area in Kubang Jaya Village, Siak Hulu Subdistrict of Kampar District in Riau Province on Monday. “Yes, an aircraft crashed some 500 meters from my house. It happened at around 8.30 a.m.,” a local resident Wahyu said. There is no further report on casualty, and the Air Force personnel sealed off the crash site. “The aircraft crashed on a resident’s house named Markun. It was not clear whether there are casualties, because usually that house is empty. The owner rarely…

Read More

Special autonomous status ushers in progress for Papua: official

Sorong, W Papua Michael Manufandu, a senior official of Papua, opined that the special autonomy status granted to Papua and West Papua has heralded significant progress for the development of infrastructure and human resources in Indonesia’s easternmost island. The special autonomy policy has been instrumental in bringing about major progress in the development of education and health infrastructure in Papua, Manufandu stated during a webinar themed “Predicting the future of Papua” on Sunday (June 14). The central government has given permission to the Papua provincial governments to manage their own…

Read More