Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Iceland Business Times.

European Medicines Agency Recommends Market Approval of AVT06, Alvotech’s Proposed Biosimilar to Eylea® (aflibercept)
REYKJAVIK, Iceland and LONDON, June 23, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered...

OG of fast cars drops in games: Porsche adopts in-car gaming with AirConsole
Zurich, Aug. 28, 2025 (GLOBE NEWSWIRE) -- AirConsole, the pioneering in-car gaming platform that transforms car rides into shared entertainment experiences, is arriving in the new Porsche Macan later this year. This collaboration will bring a...

Seaweed Market Worth Observing Growth Rate of 9.5% from 2025 to 2034 | Annie Chun's, Inc., Brandt, Inc., Cargill
WILMINGTON, DE, UNITED STATES, June 17, 2025 /EINPresswire.com/ -- The seaweed market size was valued at $7.5 billion in 2024, and is estimated to reach $18.1 billion by 2034, growing at a CAGR of 9.5% from 2025 to 2034. Seaweed is a diverse...

QFSCOIN Launches Free Cloud Mining App Amid Crypto Market Surge
Seamless, secure, and sustainable crypto mining now fits in your pocket—with daily returns up to 9% and a $30 free contract for every new user Lewes, Delaware, June 18, 2025 (GLOBE NEWSWIRE) -- QFSCOIN today unveiled its new mobile cloud mining...

Holding(s) in Company
Reykjavík, June 13, 2025 (GLOBE NEWSWIRE) -- TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) 1a. Identity of the issuer...
The International Myeloma Foundation Revives ‘Do You #kNOwMyeloma?’ for Blood Cancer Awareness Month 2025
STUDIO CITY, Calif., Aug. 28, 2025 (GLOBE NEWSWIRE) -- With Blood Cancer Awareness Month coming up this September, the International Myeloma Foundation (IMF) is reviving and amplifying its highly successful #kNOwMyeloma campaign, centering on the...

Heatwaves Shatter Temperature Records in Iceland, Greenland
(MENAFN) Temperatures across Iceland this May have reached unprecedented levels, surpassing previous records by a significant margin. According to the WWA, “Temperatures over Iceland as observed this May are record-breaking, more than 13 degrees...

Green Methanol Market to Hit $23.19B by 2032, Driven by Decarbonization and Clean Energy Demand | DataM Intelligence
Green Methanol Market surges as industries adopt carbon-neutral fuels. Driven by clean tech, it's set to exceed $23B by 2032. NEW YORK, NY, UNITED STATES, June 10, 2025 /EINPresswire.com/ -- Market Overview : Green Methanol Market is emerging as...

Formation of Strategic Services JV Company and Investment by JV Partner
Reykjavík, May 28, 2025 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Company” or the “Corporation”) Formation of Strategic Services Joint Venture Company – Suliaq A/S and Investment of up to £12.0 million by Joint Venture Partner JLE Group Ltd. TORONTO,...

Costco Wholesale Corporation Reports May Sales Results
ISSAQUAH, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $20.97 billion for the retail month of May, the four weeks ended June 1, 2025, an increase of...

Alvotech and Advanz Pharma Extend Strategic Partnership to Commercialize Three Additional Biosimilars in Europe
Advanz Pharma secures exclusive rights from Alvotech to commercialize three biosimilar candidates in Europe in addition to previously partnered programs The agreement includes proposed biosimilars to Ilaris® (canakinumab), Kesimpta® (ofatumumab)...

Costco Wholesale Corporation Reports Third Quarter and Year-To-Date Operating Results for Fiscal 2025
ISSAQUAH, Wash., May 29, 2025 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2025, ended May...

Comprehensive Guide to Leading Bitcoin Mining Platforms: Top 7 Best Cryptocurrency Cloud Mining Platforms to Make Money in 2025
Wilmington, Delaware, May 28, 2025 (GLOBE NEWSWIRE) -- In 2025, Bitcoin, Litecoin, and Dogecoin continue to dominate the crypto mining scene. These three coins remain top choices for investors due to their strong market capitalization, consistent...

Advanz Pharma and Alvotech receive European approval for Mynzepli®, Biosimilar to Eylea®
Mynzepli® (aflibercept) is approved in all European Economic Area member countries for the treatment of various retinal diseases including neovascular (wet) age-related macular degeneration (AMD) Approval is based on comprehensive analytical,...

Iceland defies global trend with notable happiness increase
(MENAFN) Amid a global trend of declining happiness in many Nordic nations, Iceland emerges as a notable exception, experiencing a significant rise in happiness, as reported in the 2025 World Happiness Report. For the third year in a row, Finland...

Drilling Tools Market to Surpass USD 11.5 Billion by 2035 Fueled by Offshore Exploration & Green Drilling Technologies
The drilling tools industry is advancing with AI, IoT & eco-tech, boosting efficiency & safety while deepwater projects drive global growth opportunities. NEWARK, DE, UNITED STATES, May 28, 2025 /EINPresswire.com/ -- The global Drilling Tools...

Icelandirect Partners with Rbionutrix to Ensure Consistent Supply of High-Quality Fish Oil
Icelandirect partners with Rbionutrix to ensure a steady, sustainable supply of high-quality fish oil for global omega-3 customers. CLIFTON, NJ, UNITED STATES, April 9, 2025 /EINPresswire.com/ -- Icelandirect, a leading supplier of bulk and...

Joint Statement on the situation in Palestine
SLOVENIA, August 29 - We reiterate that the intensification of military operations will endanger the lives of hostages who cruelly remain at the hands of Hamas and will lead to the intolerable deaths of innocent Palestinian civilians, including...

Global Lactose Free Food Market Forecast To Reach $29103.34 Billion By 2029 With 11.7% Annual Growth
The Business Research Company's Global Lactose Free Food Market Forecast To Reach $29103.34 Billion By 2029 With 11.7% Annual Growth LONDON, GREATER LONDON, UNITED KINGDOM, May 20, 2025 /EINPresswire.com/ -- The Business Research Company’s...

Committee on Market Access marks 30th anniversary amid trade tensions
30 years of the CMA Deputy Director-General Angela Ellard spoke at an event prior to the start of the meeting to mark the 30th anniversary of the CMA. Her remarks were followed by a panel discussion that included remarks from former chairs of the...