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BYD Launches First Cargo Ship for Vehicle Exports: The Explorer No. 1

IN a historic move, China, already crowned the world’s largest exporter of vehicles, continues its automotive ascendancy with the launch of the BYD Explorer No. 1, the first Chinese-built cargo ship explicitly designed for vehicle exports. Departing from Longkou, a port city in northeastern China, the vessel, commissioned by electric vehicle giant BYD, is destined for Europe, marking a strategic milestone in the company’s global expansion.

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Bora Pharmaceuticals Completes Acquisition of MacroGenics’ Rockville Manufacturing Operations

TAIPEI, TAIWAN - Media OutReach Newswire - 2 July 2026 - Bora Pharmaceuticals Co., Ltd. ("Bora" or "Bora Group"; TWSE: 6472; OTCQX: BORAY) today announced the completion of its acquisition of the GMP manufacturing operations of MacroGenics, Inc. (NASDAQ: MGNX) including its biologics drug substance facility in Rockville, Maryland and an associated warehousing center in Frederick, Maryland, for total consideration of US $122.5 million through its wholly owned subsidiary Bora Biologics USA, LLC.. Upon closing, Bora signed a long-term CDMO Service Agreement with MacroGenics.

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