SK Biopharmaceuticals Co., Ltd. announced the formation of Mentis Care, Inc., a joint venture with Eurofarma, a leading Brazil-based pharmaceutical company with operations in 24 countries across North America, Latin America, and Africa. The new venture aims to commercialize an innovative AI-based platform for epilepsy management.
Mentis Care has appointed Hassan Kotob, former CEO of Brain Scientific, as its Chief Executive Officer. With extensive experience in healthcare and emerging technologies, Kotob will spearhead the development of a pioneering AI- and data-driven solution designed to predict and manage seizures and other neurological events — marking a transformative step in brain health forecasting.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.