The US has announced an exciting plan to cut biosimilar development costs by 50% for India’s Biocon, a top executive told Reuters. This ambitious move aims to boost access to affordable biologics and strengthen the growing pharmaceutical alliance between the US and India
Energy storage could cut Brazil’s electricity system costs by an impressive 16% by 2029, while boosting grid flexibility and fast-tracking the integration of renewable energy, according to a groundbreaking report from ess-news.com
Tesla is reportedly planning a more cost-effective version of the Model Y, aiming to reduce production costs by at least 20%. This strategic move seeks to strengthen its market share in China amid increasing competition.
