BCSSL Receives Work Order from the Office of the Commissioner of Police, Hyderabad City, for Supply and Deployment of AI-Enabled IT Infrastructure

Hyderabad, Telangana, Mar 27: Blue Cloud Softech Solutions Limited (BCSSL) (BSE: 539607), a provider of AI-driven enterprise and digital infrastructure solutions, has received a work order from the Office of the Commissioner of PoliceHyderabad City, dated 25th March, 2026 for the supply, installation, and commissioning of AIenabled high-performance computing infrastructure.

The order involves the deployment of Access Genie BluEdge AI Infrastructure including rack servers and GPU-powered high-performance workstations for the Central Analysis Team (CAT) of Telangana Police.

The scope includes supply, installation, and commissioning of enterprise-grade servers and advanced computing systems designed to enhance data processing, analytics, and mission-critical operations within the department. The project is scheduled to be executed within 60 days from the date of the work order.

This engagement is strategically significant as it highlights BCSSL’s capability to deliver AIenabled infrastructure solutions in high-security and mission-critical government environments. The deployment also validates the Company’s proprietary AccessGenie BluEdge platform in a public safety use case.

The project is expected to create a foundation for potential follow-on opportunities across law enforcement and public sector departments in areas such as AI analytics, cybersecurity, and managed digital infrastructure services.

“This engagement reflects our growing alignment with government digital infrastructure initiatives and reinforces our ability to deliver reliable, high-performance AIenabled systems in mission-critical environments,” said Mr. Tejesh Kodali, Group Chairman, Blue Cloud Softech Solutions Limited. “We see this as a strategic step toward expanding our presence across public sector digital transformation programs.”

BPTP Recognised as ‘IGBC Green Crusader’ at IGBC Greentech Summit 2026

BPTP Recognised as ‘IGBC Green Crusader’ at IGBC Greentech Summit 2026

New Delhi, Mar 27:  BPTP Limited has been recognised as an “IGBC Green Crusader” by the Indian Green Building Council (IGBC) at the 4th Edition of the CII–IGBC GreenTech Summit 2026, held on 18 March 2026 in New Delhi.

The recognition marks BPTP’s successful registration of its projects — Green Oaks Commercial 1 & 2, District Walk D, and Club 81 — under the prestigious IGBC Green Building Rating System, underscoring the company’s commitment to sustainable and future-ready development.

The summit brought together stakeholders from the construction, real estate, and climate-tech sectors to discuss developments in the climate-tech ecosystem.

Commenting on the recognition, Manik Malik, CEO & President, BPTP Limited, said, “We acknowledge the recognition by IGBC for our projects registered under the Green Building Rating System. BPTP has incorporated sustainability-related features in select developments, in accordance with applicable standards. This recognition pertains to the registration of these projects under the IGBC Green Building Rating System.”

The IGBC Green Building Rating System provides a structured framework for evaluating projects on defined sustainability parameters, including resource efficiency and environmental considerations. The registration of BPTP’s projects under this framework indicates that these projects have been submitted for evaluation under the IGBC Green Building Rating System.

CSG Named a Leader in the Gartner® Magic Quadrant™ for Customer Journey Analytics & Orchestration

Business Wire India

Rising customer expectations for connected, relevant, and effortless interactions are making journey analytics and orchestration critical to delivering consistent, personalized experiences that earn loyalty. As CSG® (NASDAQ: CSGS) helps businesses to meet and exceed those expectations, the company today announced that CSG has been named a Leader in the 2026 Gartner® Magic Quadrant™ for Customer Journey Analytics & Orchestration. The evaluation assessed the company’s overall Completeness of Vision and Ability to Execute.

 

“It’s not enough to understand the customer – businesses must act on that knowledge in real time and prove the value of every customer interaction,” said Katie Costanzo, President, Customer Experience, CSG. “That requires a unified system that turns real-time data into clear decisions, measurable outcomes, and experiences customers can trust. I am incredibly proud that CSG has been named a Leader in the inaugural Gartner Magic Quadrant for Journey Analytics & Orchestration. Our Xponent platform turns real-time data into action that allows brands to build trust with customers in the moments that matter.”

 

 

Designed to bridge the gap between customer expectations and business execution, CSG Xponent allows brands to act with clarity in mission-critical customer moments. The platform integrates real-time data to drive in-the-moment personalization, so brands can identify and fix breaks in the customer experience as they occur. The result is a clearer, more straightforward experience for brands and their customers – and a stronger bottom line. For example, a US bank using CSG Xponent decreased inbound calls by 12%, tripled SMS responsiveness, reduced fraud cases by 25%, and delivered $30M in financial impact.

 

 

A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market’s competitors.

 

 

To learn more about CSG Xponent and access the 2026 Gartner Magic Quadrant for Customer Journey Analytics & Orchestration, visit https://www.csgi.com/resources/2026-gartner-magic-quadrant-for-customer-journey-analytics-and-orchestration.

 

 

Gartner, Magic Quadrant for Customer Journey Analytics and Orchestration, Christopher Sladdin and Daniel O’Sullivan, 24 March 2026

 

 

Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

 

 

About CSG

 

 

CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to connect with, use and pay for the services they value most. Our customer experience, billing and payments solutions help companies of any size make money and make a difference. With our SaaS solutions, company leaders can take control of their future and tap into guidance along the way from our fiercely committed and forward-thinking CSGers around the world.

 

 

Want to be future-ready and a change-maker like the global brands that trust CSG? Visit csgi.com to learn more.

 

 

 

 

 

India: The Up-and-Coming Solar Market

Business Wire India

Solar energy expansion is booming worldwide. India, in particular, is seeing rapid growth thanks to state funding programs, tax incentives, subsidies and green loans from banks. In 2025, 37.5 gigawatts were added – a 50 percent increase from the previous year. The 2026 budget provides for a deployment of 45 to 50 gigawatts, allowing the most densely populated country to become the second largest solar market in the world. Intersolar Europe will shine a spotlight on the south Asian country from June 23–25 in Munich. India is an up-and-coming market for the international PV industry. There will be numerous events where visitors can learn about the market, new business opportunities and the structure of new supply chains. The exhibition will take place as part of The smarter E Europe, Europe’s largest alliance of exhibitions for the energy industry. More than 100,000 visitors and 2,800 exhibitors from all over the world are expected to attend.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260326991766/en/

 

 

A large number of interested visitors attended Intersolar India – a key industry event in India since 2009. (©Solar Promotion GmbH)

A large number of interested visitors attended Intersolar India – a key industry event in India since 2009. (©Solar Promotion GmbH)

 

Photovoltaics (PV) serves as the technological backbone of supply security in the expansion of renewable energies. 500 gigawatts of renewable energy are expected to be installed by 2030, including 280 gigawatts of solar energy. PV is becoming more attractive due to unprecedented price erosion: According to data from the International Renewable Energy Agency (IRENA), solar power costs in India have fallen by 80 percent since 2010, making it the most cost-effective option for new power installations.

 

But there are also challenges. The need for highly specialized skilled workers, the expansion of modern energy infrastructure and the scaling of storage capacity are key factors for the next transformative phase. These developments also open up enormous opportunities for collaborations and new markets. “India is both a major sales market and an attractive partner for expanding production capacity in the solar and storage industries. This also makes it a potential source for finished components and intermediate products,” says David Wedepohl, Managing Director International Affairs at the German Solar Association.

 

 

At the end of January 2026, the European Commission signed a free trade agreement with India. “Along the entire PV value chain – from module production and cells to wafers, ingots and polysilicon – India is growing to become one of the most dynamic producers in the world. The EU-India Free Trade Agreement also gives new opportunities for discussion and trade between both regions,” explains Dr. Puzant Baliozian, Sector Group Leader Photovoltaics Equipment at VDMA (German Engineering Federation). In the future, solar energy is set to expand onto reservoirs, bodies of water and agricultural land using agricultural PV and floating solar systems.

 

 

Side events at the exhibition

 

 

With support from Intersolar Europe and other partners, the German Solar Association is planning several side events at the exhibition on the topic of the India’s PV market. Together with the VDMA, they are dedicated to building joint supply chains. The VDMA, the German Solar Association and the Indian NSEFI are hosting a CEO roundtable, bringing together high-ranking industry representatives. The Indo-German Energy Forum are hosting a business dialogue to mark the free trade agreement concluded between India and the EU. On June 24, this series of events will be concluded by the India Meets EU: Solar Night – Networking Reception.

 

 

Intersolar Europe
Munich, June 23–25, 2026

 

 

For more information, please visit:
www.intersolar.de
www.TheSmarterE.de

 

 

 

 

 

Ashiana Housing Launches Phase 4 of Ashiana Malhar, the Most Preferred Tower in the Township

Ashiana Housing Launches Phase 4 of Ashiana Malhar, the Most Preferred Tower in the Township

New Delhi, Mar 27: Ashiana Housing Ltd., listed on the NSE and BSE, has announced the launch of Phase 4 at Ashiana Malhar, positioned as the most premium and most preferred tower within the township. Designed to build on the strong market response to earlier phases, the newly launched phase introduces upgraded features, superior specifications, and a prime tower placement. The limited release comprises 110 thoughtfully planned homes, reinforcing the project’s focus on exclusivity and scarcity-led positioning.

Phase 4 stands out as the only tower in Ashiana Malhar offering a distinctive combination of mountain-facing views, East and West Vastu-oriented homes, and uninterrupted views of approximately 3.12 acres of open greens. Spread across 14 floors with eight units per core, the tower has been designed to deliver a balanced mix of privacy, natural light, and community living. The residences feature upgraded tiles and modern specifications in kitchens and bathrooms, further elevating the overall premium appeal of the development.

The newly launched inventory includes both 2 BHK and 3 BHK configurations, with prices starting at ₹83.26 lakh for 2 BHK homes and ₹1.246 crore for 3 BHK homes. Early buyers can also avail registration benefits of up to ₹5 lakh. With only 110 units available in this towerAshiana Housing is positioning Phase 4 as a limited opportunity within the township, aimed at discerning homebuyers seeking both lifestyle quality and long-term value.

Commenting on the launch, Ankur Gupta, Joint Managing Director, Ashiana Housing Ltd., said, “Phase 4 at Ashiana Malhar reflects our continued focus on creating thoughtfully designed premium homes within well-planned communities. With its mountain views, Vastu-oriented layouts, and upgraded specifications, this tower offers a compelling lifestyle proposition for homebuyers in Pune. The strong response to earlier phases gives us confidence that this limited inventory will resonate well with discerning customers.”

Adding further, Col. Sunil Vidyadhar Damle, Vice President, Ashiana Housing, said, “Phase 4 has been strategically positioned as the most preferred tower within the township. From its premium placement and uninterrupted green views to enhanced specifications, every element has been curated to deliver superior everyday living. With only 110 homes available, this phase offers a rare opportunity for buyers looking to secure the best-located residences within Ashiana Malhar.”

Ashiana Malhar is being developed as a joint venture project, with revenue to be shared with the development partner as per agreed terms. The total estimated project cost is approximately ₹750–800 crore and is being funded through internal accruals. Construction progress across the township continues as planned, with Phase 1 already delivered, Phase 2 scheduled for November 2026, Phase 3 for June 2027, Phase 4 targeted for September 2029, and Phase 5 to be announced.

The project has witnessed strong sales momentum so far, driven by positive homebuyer response to the premium home concept in Pune. The recent launch of the clubhouse at Ashiana Malhar has further strengthened customer confidence and preference for the project, reinforcing Ashiana Housing’s reputation for customer-first development, construction quality, and long-term livability.

With the launch of Phase 4Ashiana Housing aims to further strengthen Ashiana Malhar’s positioning as a high-trust, amenity-rich residential destination offering both exclusivity and enduring value.

Nearly Half of Global C-Suites Plan U.S. Expansion Within 12 Months, as Supply Chain and Capital Access Drive Growth

Business Wire India

 

• 45% of C-level executives plan to establish a U.S. legal entity within the next 12 months; a further 27% say they will consider entry within two to three years
• 65% cite supply chain or manufacturing efficiency as the primary driver for U.S. expansion
• 88% identify federal and state tax reporting as the most burdensome area of U.S. compliance

 

Nearly half (45%) of global C-suite leaders plan to establish a legal entity in the United States within the next 12 months, highlighting continued demand for access to the U.S. market. This finding from the latest research by CSC—the leading provider of global business administration and compliance solutions—demonstrates the U.S. continues to attract investment from around the world, even as companies face an increasingly complex regulatory landscape.

 

CSC surveyed 300 C-level executives at large organizations headquartered in Europe, the U.K., Asia Pacific, and South America to examine global sentiment toward U.S. market entry, including expansion plans, strategic drivers, and regulatory challenges.1 CSC’s report Navigating U.S. Market Entry: Insights, Risks, and Opportunities for Global Businesses details the results.

 

 

The research highlights strong forward momentum toward U.S. expansion. In addition to the 45% planning to establish an entity within the next 12 months, a further 27% say they will consider entry over the next two to three years.

 

 

Operational and strategic benefits are the dominant drivers for expansion. Almost two-thirds of the executives (65%) cite supply chain or manufacturing efficiency as the main motivation for establishing a U.S. presence. Strategic positioning—including partnerships and mergers and acquisitions opportunities—is cited by 56% of respondents, while 56% also highlight access to capital markets as a key motivator.

 

 

“We’re seeing a clear trend of U.K., European, and Asia-Pacific multinationals incorporating a U.S. entity to reach the approximately 340 million consumers or investors in the U.S.,” said Myrna Reijnders, market leader, Americas at CSC. “It’s a significant movement across sectors—from retail, real estate, insurance, healthcare, and biotech to energy, AI, and technology, including critical infrastructure, such as data centers.”

 

 

Despite strong enthusiasm, companies acknowledge entering the U.S. market is far from straightforward. Almost nine-in-10 (88%) respondents view federal and state tax reporting as the most burdensome compliance requirement, followed closely by employment and labor regulations (80%).

 

 

Many companies underestimate the realities of operating in the U.S. Half (50%) of companies with some degree of U.S. presence say they were surprised by the complexity of tax and financial reporting requirements once operations were underway.

 

 

As a result, they increasingly see outsourcing as a practical strategy for managing compliance and operational risk. A significant 79% of executives indicate they will likely outsource U.S. compliance or governance functions to a specialist provider, with 62% stating this is “very likely.”

 

 

“Companies assume doing business in the U.S. means you’re working in one jurisdiction. But rules and requirements can vary at the federal, state, and local levels,” added Jenn Kenton, chief commercial officer at CSC. “That’s where the challenge lies. Successfully setting up and maintaining a U.S. business means navigating those differences. It’s also where CSC has supported companies for over 125 years. Our goal is to ensure companies are set up to operate and remain compliant in the U.S. and beyond.”

 

 

CSC has been helping organizations incorporate, operate, and maintain compliance in the United States since 1899. Today, the company provides U.S. governance and compliance services, including registered agent representation in all 50 states, entity formation and management, annual report filing, business license management, and compliance monitoring to help organizations maintain good standing.

 

 

To download a copy of CSC’s Navigating U.S. Market Entry: Insights, Risks, and Opportunities for Global Businesses, visit cscglobal.com/service/campaigns/us-market-entry-report/

 

 

1CSC, in partnership with PureProfile, surveyed 300 C-level executives at large organizations headquartered in Europe, the U.K., Asia Pacific, and South America to understand their strategies, priorities, and challenges when expanding into the United States.

 

 

About CSC

 

 

CSC is the leading provider of business administration and compliance solutions, offering industry-leading expertise and unmatched global reach to alternative fund managers and capital markets participants. Leveraging deep institutional experience and a tailored approach, CSC delivers a comprehensive suite of fund administration, trust, agency, and compliance services to support a wide range of private and public market transactions, complex fund strategies, and scalable operations.

 

 

As the trusted partner of choice for more than 75% of the PEI 300 and 90% of the Fortune 500®, CSC helps clients navigate operational and transactional complexities across more than 140 jurisdictions and various asset classes. With extensive worldwide capabilities, our expert teams provide solutions tailored to each client’s needs. Privately held and professionally managed since 1899, we combine global reach, local expertise, and innovative solutions to help our clients succeed.

 

 

We are the business behind business®. Learn more at cscglobal.com.

 

 

 

 

 

Samsung Introduces Galaxy A57 5G, Galaxy A37 5G with Exciting Offers in India

Samsung Introduces Galaxy A57 5G, Galaxy A37 5G with Exciting Offers in India

Mumbai, Mar 27:  Samsung, India’s largest consumer electronics brand, today introduced the Galaxy A57 5G and Galaxy A37 5G, the newest additions to the Galaxy A series for young users who prioritise photography, performance, AI-enabled everyday features and durability.

New Design Language with Enhanced Durability

Galaxy A57 5G comes with an aluminium frame, and at 6.9mm, it is the slimmest Galaxy A series device so far. The slimmer bezels on Galaxy A57 5G improve the device’s visual balance and allows for a more immersive viewing experience.

Galaxy A57 5G features a 120Hz refresh rate and comes with Vision Booster technology, with 1900nits peak brightness that allows users to view content clearly in outdoor conditions and enjoy HDR content. Both Galaxy A57 5G and Galaxy A37 5G come with Gorilla Glass Victus+ on the front and back, improving resistance to scratches and drops. The devices also carry an IP68 rating for safety against water and dust. Galaxy A57 5G and A37 5G are built to last with six Android OS upgrades and six years of security.

Night Photography Designed for Social Media and Low-Light Content

Galaxy A57 5G and Galaxy A37 5G feature a 50MP main camera with optical image stabilisation and a 1.0µm (micron) big pixel sensor, paired with enhanced image signal processing (ISP) and a Low Noise Mode. The result is brighter photos with sharper detail in low-light environments.

Galaxy A57 5G has a 50MP main camera, a 12MP ultra-wide camera and a 5MP macro camera. Galaxy A37 5G includes a 50MP main camera, an 8MP ultra-wide camera and a 5MP macro camera. Both devices have a 12MP HDR front camera for clearer selfies and video calls.

The camera software on the new A series also includes AI-driven editing tools. The Best Face feature supports up to five people, allowing users to select the best facial expression from each person in a group shot. The Object Eraser tool runs on device and works 33 percent faster, enabling users to remove unwanted elements from images without an internet connection.

Processor and Performance Improvements

Galaxy A57 5G packs Exynos 1680 that delivers 33 percent higher NPU, while Galaxy A37 5G is powered by Exynos 1480 that delivers 162 percent improvement in NPU performance for

faster on-device AI tasks. Both devices come with LPDDR5X RAM and UFS 3.1 storage, which reduce application load times and improve file transfer speeds.

Galaxy A57 5G includes a flagship-size vapor cooling chamber, which is 13 percent larger than the previous generation for managing heat during extended gaming or heavy workloads.

Battery Life and Faster Charging

Galaxy A57 5G and Galaxy A37 5G have a 5000mAh battery that can last up to 2 days. With 45W charging support, the new devices reach 60 percent battery in 30 minutes.

AI-Powered One UI 8.5 Experience

Galaxy A57 5G and Galaxy A37 5G run One UI 8.5, which integrates AI-driven tools—Samsung Bixby, Gemini and Perplexity—designed to support everyday tasks. The enhanced Circle to Search with multi-object recognition allows users to search objects directly from the screen and find related information or similar products.

Direct Voicemail allows voice messages to be stored directly on the device without relying on a network operator’s voicemail system. Voice Transcription is new to the Voice Recorder app, making it easier to revisit important details from meetings, lectures or calls by quickly transcribing and translating call recordings or turning voicemail audio into text. Real-time call transcription converts voice conversation into on-screen text during calls.

Security and Privacy with Samsung Knox Vault

Galaxy A57 5G and A37 5G come with Samsung Knox Vault, which stores data in dedicated tamper-resistant hardware and monitors for hardware-level attacks. The devices also include software-level protections, alerting users in cases of data breach.

Availability and Offers

Galaxy A57 5G and Galaxy A37 5G will be available across retail stores, Samsung Exclusive Stores, Samsung.com and other online platforms. Customers can choose among three attractive offers: INR 3000 Bank/UPI Cashback or a 24-month zero interest, zero down payment EMI plan or INR 3000 upgrade bonus.

Venture Global and Edison Announce Calcasieu Pass Arbitration Settlement

Business Wire India

Today, Venture Global and Edison jointly announced the signature of a commercial agreement for the settlement of the pending arbitration between the two companies concerning the Calcasieu Pass project.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260326559130/en/

 

 

Completion of the settlement is expected by the end of Q2 2026, at which point the arbitration will be terminated. The agreement fully resolves the arbitration in its entirety. As part of the settlement, Edison and Venture Global have also agreed to the delivery to Europe of additional cargoes beyond those envisaged under the long-term contract, to support gas supplies primarily to the Italian market. The first delivery is scheduled for May 2026, in Italy, at the Adriatic LNG Terminal.

 

 

The agreement represents a significant step in strengthening commercial cooperation between the parties and it establishes a foundation for further future deliveries in the context of the disruption caused by ongoing geopolitical events.

 

 

Both parties welcome this agreement, as it further consolidates long‑term deliveries and enhances the commercial partnership between Venture Global and Edison which is an important foundational customer of the Calcasieu Pass project. The parties look forward to continuing to work together to pursue Venture Global’s mission of stabilizing global LNG/gas markets and to further consolidate Edison’s role in guaranteeing the stability and security of Italy’s energy supply.

 

 

 

 

 

Omdia: YouTube Expected to Approach 3 Billion Global Users by 2027 as Netflix Surpasses 1 Billion

Business Wire India

Netflix is forecast to reach over 1 billion monthly active users globally by 2027, while YouTube is expected to approach 3 billion users worldwide according to Omdia.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260326155411/en/

 

 

Netflix and YouTube are the first choice video services in France

Netflix and YouTube are the first choice video services in France

 

The new data, presented by Maria Rua Aguete, Head of Media & Entertainment at Omdia, at Series Mania, showcases how global platforms are reshaping video consumption across Europe.

 

During her session with Justine Ryst, Managing Director of YouTube France and Southern Europe, Aguete highlighted that Netflix and YouTube are the leading first-choice options for video services in France, ahead of traditional broadcasters and pay TV. Netflix leads the market at 18%, followed by YouTube at 12%.

 

 

The session, “How to Turn YouTube into an Asset for Your Series?”, underlined the evolving role of YouTube in the content ecosystem. While there is significant audience overlap between YouTube and major French broadcasters such as France TV, TF1+, and M6+, the data also shows that a substantial portion of YouTube’s audience sits outside these services, making it a critical platform for incremental reach.

 

 

This dual-dynamic positions YouTube as both a complementary platform – enhancing reach among existing TV audiences – and a gateway to new viewers that broadcasters may not otherwise capture.

 

 

In the UK, the market reflects a balanced ecosystem between global and local players. Netflix (17%), Sky (15%), and YouTube (9%) rank as the leading first-choice services, highlighting the continued relevance of premium pay TV alongside streaming.

 

 

“Scale and reach are critical, but so is complementarity. Platforms like YouTube not only amplify content but also unlock entirely new audiences, while Netflix continues to lead in premium storytelling and engagement,” said Rua Aguete.

 

 

The findings reinforce a key industry shift: success increasingly depends on combining global scale with local relevance, leveraging platforms not just as competitors, but as strategic partners to grow total audiences.

 

 

ABOUT OMDIA

 

 

Omdia, part of TechTarget, Inc. d/b/a Informa TechTarget (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients’ strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.

 

 

 

 

 

Biocytogen Announces FDA IND Clearance for Partner NEOK Bio’s NEOK002 Targeting Solid Tumors

Business Wire India

 

Biocytogen Pharmaceuticals (Beijing) Co., Ltd. (Biocytogen, SSE: 688796; HKEX: 02315), a global biotechnology company that drives the research and development of novel antibody-based drugs with innovative technologies, today announced that its partner NEOK Bio, Inc. recently received clearance from the U.S. Food and Drug Administration (FDA) of an investigational new drug (IND) application for NEOK002, an EGFR/MUC1-targeting ADC program for solid tumors. NEOK Bio plans to initiate a Phase 1 clinical study in the second quarter of 2026 and expects to report initial data in 2027.

 

This IND clearance marks an important milestone for NEOK002, an EGFR/MUC1-targeting ADC candidate developed by NEOK Bio and built on a bispecific antibody originally developed by Biocytogen and licensed in 2024. According to NEOK Bio, NEOK002 is being advanced for solid tumors and may offer differentiated efficacy and safety compared with monospecific ADC approaches directed at either target alone.

 

 

Dr. Yuelei Shen, President and CEO of Biocytogen, said: “We are pleased to see one of our partnered molecules reach this important stage of development. This milestone further validates the quality, developability, and therapeutic potential of fully human bispecific antibodies discovered using our RenLite® platform, which features a common light chain design. We look forward to the continued clinical advancement of the program.”

 

 

About Biocytogen

 

 

Biocytogen (SSE: 688796; HKEX: 02315) is a global biotechnology company that drives the research and development of novel antibody-based drugs with innovative technologies. Founded on gene editing technology, Biocytogen has established a dual-engine platform combining a fully human antibody library with an extensive target-humanized mouse model portfolio, enabling a systematic approach to accelerating global drug discovery and development.

 

 

Biocytogen has independently developed its proprietary RenMice® (RenMab®/RenLite®/RenNano®/RenTCR™/RenTCR mimic™) platforms for fully human monoclonal/bispecific/multispecific antibody discovery, bispecific antibody-drug conjugate discovery, hu-VHH discovery, and TCR mimic antibody discovery, and has established a sub-brand, RenSuper™ Biologics, to explore global partnerships for an off-the-shelf library of >1,000,000 fully human antibody sequences against over 1000 targets for worldwide collaboration. “As of December 31, 2025, more than 350 agreements for therapeutic antibodies and clinical assets—spanning co-development, out-licensing, and transfers—have been established globally, including landmark partnerships with leading multinational pharmaceutical companies (MNCs).”Biocytogen pioneered the generation of drug target knock-in humanized models for preclinical research, and currently provides a few thousand off-the-shelf animal and cell models under the company’s sub-brand, BioMice™, along with preclinical pharmacology and gene-editing services for clients worldwide. Headquartered in Beijing, Biocytogen has branches in China (Haimen, Jiangsu, Shanghai), the USA (Boston, San Francisco, San Diego), and Germany (Heidelberg). For more information, please visit https://biocytogen.com.