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Blog posts December 2021

Kuwait Pavilion Marks 1 Million Visitors at Expo 2020

The visitors experience the nation’s centuries-long struggle with the harsh and hot desert environment, on its way to finding sustainable and lasting solutions for the population.

Dubai, United Arab Emirates-Tuesday 21 December 2021 [ AETOS Wire ]

The Kuwait Pavilion is gleaming, after achieving an impressive milestone, in welcoming the one-millionth visitor to the pavilion, after only 2.5 months since the inauguration of the world Expo 2020 event in Dubai on October 1st, 2021. At the Pavilion, visitors get to experience the history of a nation as it struggles with the harsh desert environment, while at the same time grappling with and finding sustainable solutions for the masses. It is a symbolic journey, a struggle if you like, through the naturally hot and arid desert climate of the northwestern area of the Arabian Gulf, and finding sustainable emblematic solutions along the way, showcased by the pavilion’s bold and sometimes dramatic architecture.

Kuwait’s participation at Expo 2020 is under the thematic title ‘New Kuwait: New opportunities for sustainability’. The most important message for the pavilion is ‘water’ as a resource and ensuring its future sustainability. This is emphasized by the huge water tower that begins at the center of the pavilion and stretches upward all the way to the roof, mimicking the real water towers, which are in fact emergency water reservoirs, found in many Kuwaiti cities. Water is the ‘source of life’ and without water, there would be no life, hence the sustainability of the water resource is the strongest message being delivered at the Kuwait pavilion.

The exterior façade of the pavilion mimics the desert sand dunes both in color and shape. The triangular features of the façade also mimic the sails found on the old traditional dhows that were used to generate income before oil was discovered. Kuwaitis harvested the precious pearls from the sea, and embarked on long dangerous journeys to trade goods with the Far East. The Kuwait pavilion takes visitors on a journey through the country’s past and present achievements, with previews and glimpses into the nation’s future vision.

Dr. Bader Al-Enezi, the Director of the Kuwait Pavilion, said: “We are proud that visitors at Expo 2020 are attracted to the Kuwait pavilion and are visiting us in such large numbers. This is a clear indication that the people behind all this work, the different committees and teams that have created the pavilion, have done an incredible job that we can all be proud of. This is also a clear indication of how successful our brothers and sisters in the UAE, the Expo organizers have been, in preparing the infrastructure for this important world event. An event such as this underscores the importance of bringing people together and exchanging ideas so we can work towards building a better future together. We are looking forward towards receiving more such traffic at the Kuwait Pavilion, especially as the holiday season approaches.”

“This is the largest participation by Kuwait in an event of this kind and we are doing everything in our power to contribute to the success of the world Expo in Dubai. Given the huge turnout, I think we have done an excellent job so far and it gives us great confidence moving forward, as our country continues working towards Kuwait's 2035 vision, which aims at transforming Kuwait into a regional and international financial trade hub, and becoming more attractive to foreign investors” he added.

Contacts
Saad Aqueel
3rd Floor Public Relations
Dubai, UAE
+971 588911959
saad@the3floor.ae

Permalink : https://www.aetoswire.com/news/kuwait-pavilion-marks-1-million-visitors-at-expo-2020/en

 

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Equinor and Cognite Enter Partnership to Accelerate Digital Ambitions Within Global Marketing and Supply

OSLO, Norway-Tuesday 21 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Cognite today announced a collaboration with Equinor (OSE: EQNR, NYSE: EQNR), a world-leading energy company, to expand Equinor’s data capabilities and support the company’s digital ambitions.

Using Cognite’s industrial DataOps technology, Cognite Data Fusion®, as a module in Equinor’s OMNIA data architecture, built on the Microsoft Azure cloud, a joint Equinor and Cognite team will develop and explore tools and solutions to accelerate Equinor’s digital ambitions. These efforts include developing data-driven insights within Marketing & Supply and other business areas across Equinor’s global footprint and asset portfolio.

Equinor’s ambition is to develop an advanced analytical ecosystem with highly accessible data and insights generation through enhanced digital capabilities. Equinor and Cognite, in collaboration with Microsoft, will build solutions to liberate and contextualize data, creating a competitive edge in highly complex and dynamic global markets. The partnership will focus on building a future-proof data architecture, new ways of working, and accelerating data extraction and contextualization.

“Leveraging Cognite and Microsoft technology and competence, working closely with our own teams, will help drive our ambition to take a leading role in the digital step-up happening in global commodity markets,'' says Ann-Elisabeth Serck-Hanssen, SVP Marketing & Supply in Equinor.

“Liberation, integration, and contextualization of data will be a key accelerator and a critical differentiator in the markets of the future, and Equinor’s ambition is to become a leader in the way we manage and derive insights from data,” says Torbjørn Folgerø, SVP Enterprise Digital in Equinor.

With contextualized data, Equinor can develop accessible data models and analytics, empowering employees to develop competitive insights and stress-test hypotheses on a continuous basis.

“We are very proud to establish a partnership with Equinor, a world leading energy company with a global portfolio of market operations,” says Dr. John Markus Lervik CEO and co-founder of Cognite. “Data liberation and DataOps in commercial operations will be a key differentiator for Equinor in the global energy markets, and a critical enabler for next-generation decision support, quality, resilience, and competitiveness. Partnering with Equinor to help support their digital ambitions is not only a great opportunity to demonstrate the power of contextualized data, but also to show the value of close cross-functional teamwork.”

About Equinor

Equinor develops oil, gas and new energy solutions for today and tomorrow, turning natural resources into energy for people and progress for society. Equinor has more than 40 years of experience developing oil and gas on the Norwegian Continental shelf and now operates in more than 30 countries. The company is headquartered in Stavanger, Norway, listed on the New York and Oslo stock exchanges and employs approximately 22,000 people worldwide.

About Cognite

Cognite is a global industrial SaaS company that was established with one clear vision: to rapidly empower industrial companies with contextualized, trustworthy, and accessible data to help drive the full-scale digital transformation of asset-heavy industries around the world. Our core Industrial DataOps platform, Cognite Data Fusion®, enables industrial data and domain users to collaborate quickly and safely to develop, operationalize, and scale industrial AI solutions and applications to deliver both profitability and sustainability. Visit us at www.cognite.com, and follow us on Twitter and LinkedIn.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211220005440/en/

Contacts
Press contact - Equinor
Magnus Franzen Eidsvold,
Manager media relations
mfei@equinor.com

Press contact - Cognite
Michelle Holford
Global PR Lead - Cognite
michelle.holford@cognite.com


Permalink : https://www.aetoswire.com/news/equinor-and-cognite-enter-partnership-to-accelerate-digital-ambitions-within-global-marketing-and-supply/en

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Nigeria’s Largest Telco, MTN, Launches RCS Business Messaging with Google and Dotgo

MTN to leverage Google and Dotgo platforms, and Dotgo’s managed services to serve over 82 million subscribers

LAGOS, Nigeria & BERKELEY HEIGHTS, N.J-Thursday 23 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Nigeria’s largest mobile network operator (MNO), MTN, is all set to launch RCS Business Messaging (RBM) Services in partnership with Google and Dotgo®, a Gupshup company and a leading cloud communications provider of RBM Solutions.

RBM uses the rich and interactive features of Rich Communication Services (RCS)—the next generation SMS that allows sharing of audio, video, images, location, and a lot more—to enable branded business messaging. RCS messages are securely delivered to native messaging apps such as Google Messages and Samsung Messages on Android phones. Available on 3G and 4G networks, RCS is the default messaging standard for 5G networks. As of today, RCS is available globally with over 700M monthly active users.

Dotgo’s MaaP (Messaging-as-a-Platform) is integrated with the Google Jibe RCS platform for business messaging, the world’s most advanced RCS platform that provides a high degree of scalability. As a partner, MTN would leverage the services provided by Dotgo such as the RCS APIs, chatbot directory, billing, payments, reconciliation, and more, to drive monetization from RCS.

“As Nigeria’s largest carrier, MTN is all set to onboard brands that can reach out to a vast majority of Nigerian customers and delight them with a user experience like never before, to boost lead generation and conversion rates. This is a great opportunity for brands to connect with the end consumers of Nigeria for sales and support,” says Lynda Saint-Nwafor, Chief Enterprise Business Officer at MTN Nigeria.

Srinivas Rao, Chief Digital Officer of MTN Nigeria added, “We are proud of our technical collaboration with Google and Dotgo. The superior technology design, robust service operations, optimum business processes, and 24x7 support are key to delivering the Next Generation Business Messaging experiences to our Brands & Business Partners at the most affordable rates. With this generational shift we aim to further aid & accelerate Digital Transformation amongst the institutions, commerce & industry in Nigeria.”

“We are delighted to work with MTN to help bring RBM to their customers. With the highest number of subscribers in the region, RBM services on MTN will be a game changer. Dotgo has excelled once again as one of our top partners for monetising RBM with mobile operators,” says Juliet Ehimuan, Country Director, Google Nigeria.

“The launch of RBM by MTN, the largest operator in Nigeria, will accelerate adoption of RBM by brands in Nigeria. With the launch done, we will be working with MTN and Google to help CPaaS providers and brands in Nigeria to upgrade and incorporate RBM into their business applications,” says Dr. Inderpal Singh Mumick, CEO, Dotgo.

About MTN Nigeria

MTN Nigeria is Africa’s largest provider of communications services, connecting over 68 million people in communities across the country with each other and the world. Guided by a vision to lead the delivery of a bold new digital world, MTN Nigeria’s leadership position in coverage, capacity and innovation has remained constant, since its launch in 2001. MTN Nigeria is part of the MTN Group – a leading emerging market operator, connecting more than 200 million subscribers in 21 countries in Africa and the Middle East. To learn more about MTN Nigeria and its various initiatives, visit www.mtnonline.com. Follow us: www.linkedin.com/company/mtn-Nigeria.

About Dotgo

Dotgo®, a Gupshup company, is a global leader in RCS. Dotgo is the provider of the Bot Store®, world’s first and largest directory of RCS bots, Dotgo MaaP, RichOTP®, RichSMS™, and the RBM Hub. Dotgo is a Google partner and a member of the Mobile Ecosystem Forum. Visit www.dotgo.com. Gupshup enables better customer engagement through conversational messaging, powering over 6 billion messages per month. With Gupshup, businesses have made conversations an integral part of their customer engagement success. Visit www.gupshup.io

View source version on businesswire.com: https://www.businesswire.com/news/home/20211222005345/en/

Contacts

Contacts
Funso Aina from MTN on:
+234 (0) 803 200 4168
mediaenquiries.NG@mtn.com

Olisa Pal from Dotgo on:
+1 908-464-5566 x2348
press@dotgo.com

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Newly published trial results showed spesolimab significantly improved signs and symptoms of flare in rare, life-threatening skin disease, generalized pustular psoriasis

INGELHEIM, Germany-Thursday 23 December 2021 [ AETOS Wire ]

New clinical trial data published today in the New England Journal of Medicine, showed that spesolimab, a novel IL-36R antibody treatment, was effective in rapidly treating adult patients with generalized pustular psoriasis (GPP) experiencing a flare.1

The study met the primary endpoint, where 54% of patients had no visible pustules after a single dose of spesolimab, compared to 6% receiving placebo at week one. 1

Spesolimab has been granted Breakthrough Therapy Designation in China and USA.

 

(BUSINESS WIRE) -- Boehringer Ingelheim announced today the publication in the New England Journal of Medicine of new data from the pivotal Phase II EffisayilTM 1 trial, which showed spesolimab, a first-in-class investigational treatment, significantly improved signs and symptoms of generalized pustular psoriasis (GPP) in patients experiencing a flare.1

GPP is a rare, life-threatening neutrophilic skin disease, which is distinct from plaque psoriasis. It is characterized by episodes of widespread eruptions of painful, sterile pustules (blisters of non-infectious pus).2,3,4 There is a high unmet need for treatments that can rapidly and completely resolve the symptoms of GPP flares. Flares greatly affect a person’s quality of life5 and can lead to hospitalization with life-threatening complications, such as heart failure, renal failure and sepsis and even death.6

In the 12-week trial, 53 patients experiencing a GPP flare were treated with a single intravenous dose of spesolimab or placebo. Most patients at the outset of the trial had a high or very high density of pustules and impaired quality of life. Results after one week demonstrated that:

54% of patients treated with spesolimab showed no visible pustules compared to 6% of those treated with placebo;

43% of patients treated with spesolimab showed clear/almost clear skin compared to 11% of those in the placebo group.1

Pustular and skin clearance continued for the duration of the study. This clearance was accompanied by clinically significant improvements in quality of life and symptoms such as pain and fatigue, compared to placebo.1

Over the 12-week duration of the study, non-serious infections rates were higher in the spesolimab group compared with placebo, with no pattern regarding pathogen and affected organs. Two patients reported to have drug reactions with eosinophilia and systemic symptoms.

“With no approved treatments in the U.S. or E.U. for GPP flares, there is a significant unmet need for people with this distressing and painful skin condition, that often requires emergency care,” said Mark Lebwohl, MD, lead investigator and publication author, and Dean for Clinical Therapeutics, Icahn School of Medicine at Mount Sinai, Kimberly and Eric J. Waldman Department of Dermatology, New York. “These clinical trial results show that spesolimab has the potential to completely clear the skin of the signs and symptoms of a GPP flare after only one week, with sustained effect observed for up to 12 weeks.”

The U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation for the treatment of GPP, and Breakthrough Therapy Designation for spesolimab for the treatment of GPP flares. This designation is for therapies treating serious or life-threatening conditions where early clinical evidence suggests a substantial improvement compared to existing treatments. The Chinese Regulatory Authority Centre for Drug Evaluation (CDE) also recently granted Breakthrough Therapy Designation for spesolimab for the treatment of GPP flares.

“At Boehringer Ingelheim, we are committed to finding transformative therapies to help advance treatment for people who urgently need them,” said Dr Emmanuelle Clerisme-Beaty, Head of Clinical Development and Medical Affairs, Dermatology, Boehringer Ingelheim. “The findings indicate that spesolimab may have a significant and positive impact on patients experiencing a GPP flare.”

The clinical program for spesolimab includes two other trials that are currently underway. First, the Effisayil-2 trial is designed to investigate spesolimab as a maintenance treatment to prevent the occurrence of GPP flares. The Effisayil-ON trial is an open label five-year extension study to investigate the longer term efficacy and safety of spesolimab in patents with GPP.7,8

Please click on the following link for ‘Notes to Editors’: https://www.boehringer-ingelheim.com/human-health/skin-diseases/gpp/spesolimab-phase-ii-data

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211222005031/en/

Contacts
Boehringer Ingelheim
Corporate Communications
Media + PR
Dr Julia Fass
Phone: +49 (6132) 77 95614
Fax: +49 (6132) 77 6601
Email: press@boehringer-ingelheim.com

Additional information
www.boehringer-ingelheim.com


 

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Arthur D. Little Publishes Special 135th Anniversary Edition of PRISM Magazine

LONDON-Friday 17 December 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Arthur D. Little (ADL) has published Who Says It Can’t Be Done? – the latest edition of its innovation magazine PRISM. As well as celebrating the company’s 135-year history, this special edition looks ahead to both the future of business and the consulting industry itself.

The magazine features five key articles:

Rebalancing For Tomorrow – The ability to help clients anticipate the future, embrace new opportunities, and transform their operations has always been a central part of ADL’s consulting philosophy. This article looks at the challenges that business faces today, identifies important priorities for the future, and reflects on how companies can get ready to meet them.

Why Consultancy Matters: A Historical Perspective – What is the exact nature of management consultancy’s value? Does consulting merely provide a similar service to that of the accountancy or legal professions, or does it provide a different type of value? This article explores how management consultancy has helped to shape the world we live in today as illustrated by the history of ADL.

The Future Of Consultancy – In today’s volatile environment, companies are looking for more than just me-too solutions to remain competitive. The consulting industry needs to reconfigure its approach and reject obsolete legacy models if it is to stay relevant to modern business. This article looks at some of the ways in which consulting must change in order to create real value for its clients.

Inventors, Innovators, Pathfinders – Since the days of Arthur Dehon Little himself, ADL has been driven by hugely talented individuals, all pathfinders in their own right. This article celebrates some of the extraordinary people who have both led ADL and pioneered its unique approach to consultancy, inventing new solutions and breaking down barriers along the way.

Who Says It Can’t Be Done? – It was only after a management buyout (MBO) on 30 December 2011 that ADL was truly reborn as a successful partnership with a rapidly expanding business. In this interview with Ignacio Garcia-Alves, who led the MBO and has been ADL’s Chief Executive Officer ever since, he shares his insights on how the company was transformed and the lessons learned over the past ten years.

Ignacio García Alves, Global Chairman and Chief Executive Officer of Arthur D. Little, comments: “PRISM always offers the best in thought-leading insight and commentary on the key topics of the day, and this edition is no exception – but with ADL hitting the milestone of 135 years of constant innovation, we couldn’t resist also looking back on what’s made it such a unique and pioneering company.”

This latest edition of PRISM can be viewed here: https://tinyurl.com/9hyefpch

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211217005298/en/

Contacts
Further information from: Cate Bonthuys
Catalyst Comms
+44 7746 546773
cate@catalystcomms.co.uk


Permalink : https://www.aetoswire.com/news/arthur-d-little-publishes-special-135th-anniversary-edition-of-prism-magazine/en

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Metap Inc. annonce le nouveau projet "Métavers x GameFi", la compagne d’inscription à la liste blanche et à la communauté sont en cours !

TAIPEI, Taïwan -Samedi 18 Décembre 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Gensokishi Online a annoncé la sortie de son site électronique officiel "Gensokishi Online -META WORLD-" en décembre 2021.

 

Ce projet est une nouvelle version de "Gensokishi Online", qui a remporté le "jeu de l'année, Gold Awaed"  en 2012 à Taiwan, et a été joué par un total de 8 millions d'utilisateurs. Gensokishi vise à bâtir une nouvelle économie de monde de fantastique en utilisant la technologie blockchain, incorporant des éléments de jetons non fongibles (NFT) et de GameFi dans un métavers  mondial MMO en 3D.

 

"Gensokishi Online", un titre MMO en 3D japonais sous licencié de "Elemental Knights Online", a été reconnu depuis plus de 13 ans par diverses applications, dont Nintendo Switch et PlayStation4.

 

Dans le monde créé par WEB3.0, métavers et de GameFi, Gensokishi bénéficiera des trois fonctionnalités "Libre de jouer (Free to Play)", "Jouer pour gagner (Play to Earn)" et "Générer un contenu pour gagner (UGC to Earn)".

 

Tous les utilisateurs peuvent créer un compte gratuitement et acheter et vendre les jetons non fongibles (NFT) qu'ils acquièrent.

 

À l'avenir, Genoskishi prévoit d'offrir des Contenus générés par les utilisateurs "UGC", qui permettront aux utilisateurs et aux entreprises de créer et de vendre des jetons non fongibles (NFT), de construire librement des terrains, de placer des objets, de créer des environnements naturels, des personnages et des monstres dans le monde métavers.

 

Gensokishi fonctionne selon Polygon (MATIC), mieux connu sous le nom de protocole basé sur Ethereum qui permet aux joueurs de bénéficier de capacités de transaction élevées et de faibles coûts.

Par ailleurs, cette initiative comprend la participation de personnalités clés de l'industrie de jeu vidéo.

 

Le jeton MV sera déployé sur la plateforme Uniswap le 23 décembre 2021. Pour de plus amples informations, veuillez consulter le livre blanc .

 

À propos de la campagne

Plusieurs  campagnes sont organisées pour célébrer l'annonce de Gensokishi Online.

 

Campagne d'inscription de la communauté métaverse

Une campagne est actuellement en cours pour distribuer les jetons non fongibles NFT à équipements limités à tous les utilisateurs qui rejoignent la communauté d'ici le 27 décembre 2021.

 

Liste blanche

À partir du 7 décembre, Gensokishi organise une campagne de liste blanche d'un montant de 10 000 dollars. Si vous vous inscrivez avant le 19 décembre, vous aurez le droit d'acheter jusqu'à 100 dollars de jetons à des prix de vente privés.

 

Communauté officielle

Twitter

Telegram

Discord

 

Aperçu du service

Description : Gensokishi Online -META WORLD-

Langues : anglaise, chinoise, japonaise

Configuration requise : Ordinateur personnel, systèmes d'exploitation Android et iOS

Source : Projet taïwanais Gensokishi Online de Metap.

 

Ce communiqué de presse contient du multimédia. Consulter la version complète ici: https://www.businesswire.com/news/home/20211215006137/en/

 

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Contacts
Metap Inc.
Maxi Kuan
Numéro de téléphone : +886935312638
Courrier électronique : info@genso.game


Permalink : https://aetoswire.com/fr/news/nbspmetap-inc-annonce-le-nouveau-projet-meacutetavers-x-gamefi-la-compagne-drsquoinscription-agrave-la-liste-blanche-etnbsp-agrave-la-communauteacute-sont-en-cours/fr

 

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AG&P City Gas Gains US$120 million Equity Investment from Preeminent Japanese Consortium Osaka Gas and JOIN

SINGAPORE -Monday 20 December 2021 [ AETOS Wire ]

Investment accelerates expansion of AG&P’s LNG platform and infrastructure development portfolio
Represents the first Japanese investment in India’s burgeoning City Gas Distribution (CGD) sector
Renewed commitment by Osaka Gas, following their major equity investment in AG&P in 2019 in support of AG&P’s LNG initiatives worldwide
Signals growing importance of transition to cleaner natural gas in Indian market
(BUSINESS WIRE)-- Atlantic, Gulf & Pacific International Holdings (AG&P), a leading downstream LNG platform and infrastructure development company, announced today that Osaka Gas Co. Ltd., through its affiliate Osaka Gas Singapore Pte. Ltd. and JOIN (Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development), have reinforced their commitment to AG&P by investing up to $120 million in AG&P CGD HoldCo SPV3 (Singapore) Pte. Ltd. (AG&P City Gas), a Singapore-based company that is developing twelve city gas distribution networks, or concessions, in India under the brand name AG&P Pratham.

The new equity will be used to continue to execute AG&P City Gas’s build-out of its 12 exclusive concessions in South India and Rajasthan. The AG&P network is expanding every day to reach millions of people with clean fuel, including compressed natural gas (CNG) for their vehicles and piped natural gas (PNG) in their homes as well as provide fuel for large and small industrial and commercial customers.

Osaka Gas is a leading energy company and the second largest gas supplier in Japan with a history going back more than one century. Founded in 1897 and in operation since 1905, the company serves around 5 million natural gas customers in the Kansai region, the most populated area in western Japan, including Osaka, where the company is headquartered.

“We are the first Japanese company to invest in the city gas sector in India through AG&P City Gas. It marks a milestone in a long-term relationship where AG&P and Osaka Gas have worked together to develop LNG infrastructure projects in South Asia and Southeast Asia, among others. We strongly believe that our investment in AG&P City Gas will provide Osaka Gas with a valuable asset. We look forward to developing it into one of our core businesses in Asia. With exclusive rights for a vast swath of southern India, roughly equivalent to three-quarters of the area of Japan, these 12 concessions are expected to generate over time a demand of 3.5 billion m3 in gas sales volume, or approximately 50% of Osaka Gas’ recorded gas sales volume last year on a non-consolidated basis. We are very privileged to work with our long-time partner AG&P and make this clean energy available quickly and safely to the citizens of India who live in these areas,” said Mr. Katz Sato, Senior General Manager, Asia Energy Business Department for Osaka Gas.

JOIN, a Japanese government-private sponsored infrastructure investment fund company with a market cap of US$1.4 billion as of June 2021, was established in 2014 to support Japanese businesses developing infrastructure projects overseas. JOIN received approval from the Minister of Land, Infrastructure, Transport and Tourism of Japan to invest in AG&P City Gas to support Osaka Gas’s ongoing collaboration with AG&P in expanding its overseas businesses.

“We, alongside Osaka Gas, are excited to participate in the future of AG&P and to expedite the roll-out of these vital gas network, LNG storage and transportation solutions being built in India by AG&P City Gas. Over the coming years, the AG&P City Gas network will continue to grow to serve millions of customers in their homes with clean, affordable, safe fuel while simultaneously continuing to build CNG stations for vehicles to transition and operate on clean fuel seamlessly. The partnership with AG&P and Osaka Gas is also very important because it will help Japanese companies develop a strong cargo transport business using CNG vehicles in India, which will contribute to Japan’s priority policy of carbon neutrality and protect the health and lives of thousands of Indians,” said Mr. Toshiyuki Suzuki, Managing Executive Officer and Head of the Project Department for JOIN.

“As an existing investor in AG&P’s parent, Osaka Gas has continued to demonstrate its support for AG&P’s downstream LNG and natural gas business. We are honored to welcome JOIN. The stability and strength of JOIN and the technical and commercial expertise of Osaka Gas and its long history in city gas will accelerate the smart deployment of our network across our concessions in India,” said Mr. Joseph Sigelman, Chairman and CEO of AG&P.

Mr. Sigelman continued: “Most importantly, this partnership comes at a time when natural gas is being recognized as the critical transition fuel that will have a profound impact on the reduction of carbon, NOX, SOX and particulates which not only contribute to climate change, but also to the ill health of thousands of Indians each year. We look forward to a network that can have such a major impact. We are truly humbled and very grateful to work with Osaka Gas and JOIN.”

Mr. Abhilesh Gupta, Managing Director of AG&P City Gas commented: “AG&P City Gas enjoys a world-leading group of managers, investors and technical and commercial experts, bringing local knowledge of India and global experience born over decades.”

This is the second investment that AG&P City Gas has received in 4 months. In August 2021, AG&P City Gas received US$ 200 million from I Squared Capital, through its ISQ Global Infrastructure Fund III and ISQ Growth Markets Infrastructure Fund. Combined with the investment from the Osaka Gas and JOIN consortium, the total equity infusion available for AG&P City Gas is over US$300 million.

About AG&P Group: Atlantic Gulf & Pacific (AG&P) develops LNG import and regasification facilities as well as downstream city gas networks. AG&P also provides engineering and project management services for LNG and other infrastructure. AG&P is part-owned by Osaka Gas, JBIC (the Japan Bank of International Cooperation) and Asiya, a publicly-traded Kuwait fund, as well as its management.

About AG&P City Gas: Operating under the brand of AG&P Pratham, AG&P City Gas is one of the largest private City Gas Distribution (CGD) companies in India. The company is developing CGD networks across 12 concessions in the Indian states of Rajasthan, Andhra Pradesh, Tamil Nadu, Karnataka. and Kerala.

About Osaka Gas:

For more information on Osaka Gas, please visit https://www.osakagas.co.jp/en/

About Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN):

For more information on JOIN, please visit https://www.join-future.co.jp/english/

View source version on businesswire.com: https://www.businesswire.com/news/home/20211219005032/en/

Contacts
AG&P Media

Anupam Ahuja
SVP, Strategic Services, AG&P Group
anupam.ahuja@agpglobal.com
+63 (998) 966 5444

Sard Verbinnen & Co
AGP-SVC@SARDVERB.com

Permalink : https://aetoswire.com/news/agampp-city-gas-gains-us120-million-equity-investment-fromnbsppreeminent-japanese-consortium-osaka-gas-and-join/en

 

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SunMirror AG ('the Company') Announces Launch of Offer to Acquire Latitude 66 Cobalt Limited

ZUG, Switzerland-Monday 20 December 2021 [ AETOS Wire ]
 
(BUSINESS WIRE)-- Publication of inside information pursuant to Article 17 of the EU Market Abuse Regulation (MAR)
 
Further to the announcement made by the Company on 26 August 2021, the Company announces that on 19 December 2021 its wholly owned subsidiary SunMirror S.A. ("SM S.A. ") has entered into a bid implementation agreement with Latitude 66 Cobalt Limited ("Lat66") ("BIA") in connection with the proposed offer to acquire the issued share capital of Lat66, the parent company of Finnish cobalt company at a price of AUD0.467 per Lat66 share ("the Offer").
 
Under the terms of the BIA, SM S.A. and Lat66 will lodge their respective bidder's and target's statements made in connection with the Offer on 22 December 2021 with the Australian Securities and Investments Commission and despatch those statements to Lat66's shareholders. Assuming the required level of acceptances is received from the recipients of the offer and acceptance of those holding performance rights in respect of ordinary shares in Lat 66 of an offer to acquire those performance rights at a price equal to that offered to Lat66's shareholders, and subject to other conditions being satisfied, the timetable for completion of the Offer and completion of the entire issued share capital of Lat66 plus all performance rights is as follows:
 
Offer Closes
 
4 February 2022
 
Despatch of compulsory acquisition notices to non-accepting Lat66 shareholders
 
4 February 2022
 
Completion of compulsory acquisition of Lat66 shares from Lat66 shareholders
 
4 March 2022
 
The total purchase price which would become payable to Lat66's shareholders and the holders of performance rights on completion of the Offer is AUD 69,116,000.
 
Zug, Switzerland, December 20, 2021 - SunMirror AG ("SunMirror"; XETRA Vienna: ROR1; ISIN CH0396131929)
 
Information and Explanation of the Issuer to this News:
 
Explanatory Note
 
SunMirror, which has prospective resource projects in Australia, expands its market presence through the acquisition of Lat66 and is able to supply the European economy with cobalt and other critical commodities and metals such as lithium from sustainable, stable and legally secure sources in compliance with applicable laws, regulations and ESG requirements. With the acquisition of Lat66, SunMirror is excellently positioned to act as a strategic partner to the European economy, supplying raw materials for digital transformation.
 
Demand for critical raw materials such as cobalt and lithium has been growing rapidly for years. Drivers of this demand include new technological developments such as electromobility. Recently, the European Union ('EU') reaffirmed, as part of the launch of its European Green Deal, that a lack of access to critical raw materials or over-dependence on single suppliers would undermine Europe's ability to be an industrial leader in new technologies. In order to achieve the EU's goal of climate neutrality, it is important not to create new dependency on uncertain third countries for these critical raw materials in terms of legal certainty, working conditions and environmental standards.
 
About SunMirror AG
 
The Group invests into strategic mineral exploration assets with a focus on sustainable green battery metals, like cobalt, lithium, and nickel, as well as iron ore and gold deposits in developed markets. The company aims to either produce minerals at a later stage or sell those assets to strategic buyers. SunMirror is differentiated by taking a 'mine-to-market' approach to sustainability across the value chain, creating a mining industry 'best practice.' The company's shares (ISIN CH0396131929) are listed on the Vienna Stock Exchange (ticker: ROR1) as well as on Xetra and the Frankfurt Stock Exchange (ticker: ROR). For further information, please visit: www.sunmirror.com
 
Language:
English
 
Company:
 
SunMirror AG
 
 
Steinhauserstrasse 74
 
 
6300 Zug
 
 
Switzerland
 
E-mail:
 
info@sunmirror.ch
 
Internet:
 
https://www.sunmirror.ch
 
ISIN:
 
CH0396131929
 
WKN:
 
A2JCKK
 
Listed:
 
Regulated Unofficial Market in Berlin, Dusseldorf; Vienna Stock Exchange (Official Market)
 
View source version on businesswire.com: https://www.businesswire.com/news/home/20211220005297/en/
 
Contacts
Press
edicto GmbH
Doron Kaufmann / Axel Mühlhaus
Phone: +49 69 905505-53
sunmirror@edicto.de
 
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ENJOY LIFE ON-THE-GO WITH LG’S ADVANCED PURICARE WEARABLE AIR PURIFIER

With a Lightweight Design, Voice Projection Technology and up to 8 Hours Battery Life, LG’s Latest Device is the Ultimate Air Purification Solution


DUBAI, UNITED ARAB EMIRATES.-Monday 20 December 2021 [ AETOS Wire ]

As more time is spent frequenting public spaces and enjoying the outdoors, consumers are looking to invest in solutions which can keep them comfortable while maintaining peace-of-mind.

Whether shopping for the festive season, visiting a new site or taking the daily commute, mask wearing remains an essential aspect of our lives. Yet, common pain points range from finding that glasses fog up, to a feeling of claustrophobia from lack of air circulation.

While the importance of protecting oneself and those around must not be taken for granted, there is a solution which works to alleviate many of these concerns – the new, second generation LG PuriCare Wearable Air Purifier.

Building upon the earlier device’s success (which had been in R&D since 2017), the latest iteration of LG’s wearable purification technology adds boosted performance and new design smarts for added comfort and clarity. The LG PuriCare Wearable Air Purifier features two H13 HEPA filters to out up to 99% of micro particles such as dust, viruses, bacteria and allergens1, and deploys an automatic fan airflow control system to increase breathing comfort.2

Inside the LG PuriCare Wearable Air Purifier is an ultra-small and lightweight motor, which works to power the DUAL fans inside – leveraging AI to evaluate user breathing pattern and control air intake. This feature also helps to reduce unwanted moisture and stuffiness experienced with regular mask usage.

In addition to air purification capabilities, the standout feature of the device is LG’s VoiceON technology – new for this model of the PuriCare Wearable. A microphone and speaker are built into the air purifier, working in harmony to automatically recognize when a user is talking and project their voice accordingly – providing added clarity.

To ensure comfort for long periods of time, the LG PuriCare Wearable Air Purifier sports a light profile at just 94 grams3. It has also been ergonomically designed to fit with various face types, while minimizing air leakage around the nose and chin.

Adding to the convenient nature of the device, LG’s PuriCare Wearable comes with a 1,000 mAh battery which can provide up to 8 hours of operation on a single charge.4 The air purifier also works alongside the LG PuriCare Wearable app, available for download via Google Play for Android devices and the App store for iOS models. Via the app and a simple Bluetooth connection, users can avail information regarding product usage history, filter management, battery information, breathing tracking and more.

Retailing for 799 AED, the new LG PuriCare Wearable Air Purifier is now available in the UAE at Carrefour, Sharaf DG, Emax, ACE and Amazon.ae. The device comes in two color options, Creamy White and Ocean Black.

For more information please visit: https://www.lg.com/ae/air-purifiers/lg-ap551awfa-white-gcc

1  Blocks up to 99.95 percent of harmful particles with 99.95 percent elimination rate H13 HEPA filters, removing micro particles such as dust, virus, bacteria and allergen. Certified by TÜV Rheinland for ability to eliminate 99.7 percent of viruses, and 99.0 percent of bacteria. Certified by Korea Asthma Allergy Foundation (KAF) for ability to eliminate 99.1 percent of pollen allergy using test model AP300AWFA (AP551AWFA applicable) Product models and specifications may vary depending on regions. The performance result may vary depending on actual use environmental conditions and is not guaranteed for continuous exposure to hazardous environments after wearing a mask.

2  Certified by Air Cleaning Association and observed by TÜV Rheinland for ability to adjust air flow automatically according to the breathing flow by testing an automatic breathing interlock through a breathing simulator under 10-40 LPM breathing test conditions at LG Electronics Gasan R&D Campus using test model AP551AWFA.

3  Product only. Weight not including accessories.

4  Recharges in 2 hours for repeated use. Battery life varies by actual usage, and other external factors.

About LG Electronics Home Appliance & Air Solution Company

The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air solutions as well as visionary products featuring LG ThinQ AI. The company is creating various solutions with its industry leading core technologies and is committed to making life better and healthier for consumers by developing thoughtfully designed kitchen appliances, living appliances, HVAC and air purification solutions. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more news on LG, visit www.LGnewsroom.com.

Contacts
LG-One 

Aaron Budwal 

Email: aaron.budwal@lg-one.com 

 


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Janssen EMEA Receives Conditional Marketing Authorisation for RYBREVANT® ▼ (amivantamab), the First Treatment Approved for Patients With Advanced Non-Small Cell Lung Cancer (NSCLC) With EGFR Exon 20 Insertion Mutations...

BEERSE, Belgium -Saturday 11 December 2021 [ AETOS Wire ]

 For EU Trade and Medical Media Only. Not to Be Distributed to UK and Benelux Based Media

Conditional Marketing Authorisation is based on results from the Phase 1 CHRYSALIS study evaluating amivantamab as a monotherapy in patients after previous treatment with platinum-based therapy1,2,3

(BUSINESS WIRE)--  

Janssen EMEA Receives Conditional Marketing Authorisation for RYBREVANT® ▼ (amivantamab), the First Treatment Approved for Patients With Advanced Non-Small Cell Lung Cancer (NSCLC) With EGFR Exon 20 Insertion Mutations After Failure of Platinum-Based Therapy

The Janssen Pharmaceutical Companies of Johnson & Johnson announced Conditional Marketing Authorisation (CMA) of RYBREVANT® ▼ (amivantamab) for the treatment of adult patients with advanced NSCLC with activating epidermal growth factor receptor (EGFR) exon 20 insertion mutations, after failure of platinum-based therapy.1 Amivantamab is the first approved treatment in the European Union specifically targeting EGFR exon 20 insertion mutations for NSCLC.1,2,4

“Patients with NSCLC harbouring EGFR exon 20 insertion mutations represent a specific population who have been underserved by current treatment options that are limited in both number and efficacy.5 The decision made by the European Commission represents an important milestone and recognises that amivantamab offers a new treatment specifically targeted for patients with this alteration,” said Antonio Passaro, M.D., Ph.D, Medical Oncologist at the Division of Thoracic Oncology of the European Institute of Oncology in Milan, Italy.†

The CMA is based on results from the Phase 1 CHRYSALIS study, a multicentre, open-label, clinical study evaluating amivantamab as a monotherapy in patients after previous treatment with platinum-based therapy, which demonstrated efficacy and a generally well-tolerated safety profile.‡4,6 The investigator-assessed overall response rate was 37 percent (95 percent CI, 28% - 46%), with a median duration of response of 12.5 months (95 percent CI, 6.5 – 16.1) and 64 percent of patients having a duration of response greater than or equal to 6 months.4 These results were consistent with those reported by blinded independent central review assessment, which showed an overall response rate of 43 percent (34% – 53%), with a median duration of response of 10.8 months (95 percent CI, 6.9 – 15.0) and 55 percent of patients having a duration of response greater than or equal to 6 months.4

Analysis showed the median progression-free survival (time experienced without progression or death) was 8.3 months (95 percent CI, 6.5 – 10.9) and the median overall survival in patients treated with amivantamab was 22.8 months (95 percent CI, 14.6 – not reached).6

The most common adverse events (AEs) at all grades included rash (76 percent), infusion-related reactions (67 percent) and nail toxicity (47 percent), and these were predominantly Grade 1-2.4 Treatment-related discontinuations due to adverse events were seen in three percent of patients.4 Ninety-nine percent of infusion-related reactions occurred with the first infusions and rarely impacted the ability to continue with subsequent treatments (1.1 percent led to treatment discontinuation).4

“This marketing authorisation addresses a high unmet need by bringing a new treatment option to this patient population and their healthcare professionals for the first time in Europe. It is an important step towards our goal to deliver innovative therapies that will transform the trajectory of lung cancer,” commented Peter Lebowitz, M.D., Ph.D., Global Therapeutic Area Head, Oncology, Janssen Research & Development, LLC.

Conditional marketing authorisation is the approval of a medicine that addresses unmet medical needs of patients based on less comprehensive data than normally required, where the benefit of immediate availability of the medicine outweighs the risk, and the applicant is able to provide comprehensive clinical data in the future.7 This CMA follows other recent approvals for amivantamab, including the U.S. Food and Drug Administration (FDA), who approved the treatment in May 2021 for the treatment of adult patients with locally advanced or metastatic NSCLC with EGFR exon 20 insertion mutations, whose disease has progressed on or after platinum-based chemotherapy.8 Additional regulatory applications have been submitted and are being reviewed by other regulatory bodies worldwide.

“We are committed to changing the face of cancer care,” said Mathai Mammen, M.D., Ph.D., Global Head, Janssen Research & Development, Johnson & Johnson. “At Janssen, we’re striving to transform long-term patient outcomes and improve quality of life with the right treatment, for the right patient, at the right time.”

† Dr Passaro has previously provided paid consultancy services for Janssen in relation to research and advisory boards. He has not been compensated for any media work.

‡ Results reported in the SmPC are from 114 patients with a median follow up of 12.5 months.4 Results reported in Park et al are from 81 patients and a median follow up of 9.7 months.6 Not all efficacy endpoints were reported in the SmPC.4,6

About Amivantamab
Amivantamab is a fully-human EGFR-MET bispecific antibody with immune cell-directing activity that targets tumours with activating and resistance EGFR mutations and MET mutations and amplifications, approved for patients with advanced non-small cell lung cancer (NSCLC) with EGFR exon 20 insertion mutations after failure of platinum-based therapy.1,9,10,11,12 Amivantamab is being studied in multiple clinical trials, including:13

the Phase 1/1b, CHRYSALIS-2 (NCT04077463) study assessing the combination of amivantamab and lazertinib in patients who have progressed after treatment with osimertinib and chemotherapy, as well as lazertinib as a monotherapy14
as first-line therapy in the Phase 3 MARIPOSA (NCT04487080) study assessing amivantamab in combination with lazertinib, a novel third-generation EGFR tyrosine kinase inhibitor (TKI), against osimertinib and against lazertinib alone in untreated advanced EGFR-mutated NSCLC15
the Phase 3 MARIPOSA-2 (NCT04988295) study assessing the efficacy of lazertinib, amivantamab and carboplatin-pemetrexed vs. with carboplatin-pemetrexed in participants with locally advanced or metastatic EGFR Exon 19del or Exon 21 L858R substitution NSCLC after osimertinib failure16
the Phase 3 PAPILLON (NCT04538664)study assessing amivantamab in combination with carboplatin-pemetrexed vs carboplatin-pemetrexed for patients with advanced or metastatic EGFR-mutated NSCLC with exon 20 insertion mutations17
the Phase 1 PALOMA (NCT04606381) study assessing the feasibility of subcutaneous (SC) administration of amivantamab based on safety and pharmacokinetics and to determine a dose, dose regimen and formulation for amivantamab SC delivery with the aim to find effective solutions that positively impact patient management.18
About the CHRYSALIS Study
CHRYSALIS (NCT02609776) is an open-label, multicentre, first-in-human Phase 1 study to evaluate the safety, pharmacokinetics and preliminary efficacy of amivantamab as a monotherapy, in combinations with lazertinib and in combination with platinum-based chemotherapy, in patients with advanced NSCLC with various EGFR mutations.3 In the study, investigators assessed efficacy using overall response rate per Response Evaluation Criteria in Solid Tumours Version 1.1* (RECIST v1.1), clinical benefit rate, median duration of response and median progression-free survival, as well as the safety profile of amivantamab.3,19

The study will enrol 780 patients with advanced NSCLC.3 The study consists of two parts: the first consists of amivantamab monotherapy and combination dose escalations, and the second consists of amivantamab monotherapy and combination dose expansions.3

The first cohort of participants received intravenous infusions of amivantamab as monotherapy.3

*RECIST (version 1.1) refers to Response Evaluation Criteria in Solid Tumours, which is a standard way to measure how well solid tumours respond to treatment and is based on whether tumours shrink, stay the same or get bigger.3

About Non-Small Cell Lung Cancer (NSCLC)
In Europe, it is estimated that 477,534 patients were diagnosed with lung cancer in 2020, with around 85 percent diagnosed with NSCLC.20,21 Lung cancer is Europe’s biggest cancer killer, with more deaths than breast cancer and prostate cancer combined.20

The main subtypes of NSCLC are adenocarcinoma, squamous cell carcinoma and large cell carcinoma.21 Among the most common driver mutations in NSCLC are alterations in EGFR, which is a receptor tyrosine kinase supporting cell growth and division.22 EGFR mutations are present in 16 to 19 percent of Caucasian patients with NSCLC and present in 37 to 41 percent of Asian patients who have NSCLC adenocarcinoma.23 The five-year survival rate for all people with metastatic NSCLC and EGFR mutations who are treated with EGFR TKIs is less than 20 percent.24 Patients with EGFR exon 20 insertion mutations have a real-world five-year overall survival (OS) of 8 percent in the frontline setting, which is worse than patients with EGFR exon 19 deletions or L858R mutations, who have a real-world five-year OS of 19 percent.25

About the Janssen Pharmaceutical Companies of Johnson & Johnson
At Janssen, we're creating a future where disease is a thing of the past. We're the Pharmaceutical Companies of Johnson & Johnson, working tirelessly to make that future a reality for patients everywhere by fighting sickness with science, improving access with ingenuity and healing hopelessness with heart. We focus on areas of medicine where we can make the biggest difference: Cardiovascular & Metabolism, Immunology, Infectious Diseases & Vaccines, Neuroscience, Oncology and Pulmonary Hypertension.

Learn more at www.janssen.com/emea/. Follow us at www.twitter.com/JanssenEMEA for our latest news. Janssen Research & Development, LLC; Janssen-Cilag, S.A. and Janssen Biotech, Inc. are part of the Janssen Pharmaceutical Companies of Johnson & Johnson.

Cautions Concerning Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding amivantamab and lazertinib. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialise, actual results could vary materially from the expectations and projections of Janssen Research & Development, LLC any of the other Janssen Pharmaceutical Companies, and/or Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behaviour and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 3, 2021, including in the sections captioned “Cautionary Note Regarding Forward-Looking Statements” and “Item 1A. Risk Factors,” and in the company’s most recently filed Quarterly Report on Form 10-Q, and the company’s subsequent filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.

References:

_________________________
1 European Medicines Agency. Rybrevant CMA Approval. December 2021.
2 Remon, J et al. EGFR exon 20 insertions in advanced non-small cell lung cancer: A new history begins. Cancer Treatment Reviews. 90 (2020).
3 ClinicalTrials.gov. Study of Amivantamab, a Human Bispecific EGFR and cMet Antibody, in Participants With Advanced Non-Small Cell Lung Cancer (CHRYSALIS). Available at: https://clinicaltrials.gov/ct2/show/NCT02609776. Accessed November 2021.
4 European Medicines Agency. Rybrevant Summary of Product Characteristics. December 2021.
5 Vyse S et al. Targeting EGFR exon 20 insertion mutations in non-small cell lung cancer. Signal Transduct Target Ther 2019; 4: 5. 2, Riess J et al. JTO 2018; 13(10): 1560–1568.
6 Park et al. Amivantamab in EGFR Exon 20 Insertion–Mutated Non–Small-Cell Lung Cancer Progressing on Platinum Chemotherapy: Initial Results From the CHRYSALIS Phase I Study. Available at https://ascopubs.org/doi/10.1200/JCO.21.00662?url_ver=Z39.88-2003&rfr_id=ori:rid:crossref.org&rfr_dat=cr_pub%20%200pubmed. Accessed November 2021.
7 Conditional marketing authorisation. The European Medicines Agency. Available at: https://www.ema.europa.eu/en/human-regulatory/marketing-authorisation/conditional-marketing-authorisation
8 Johnson and Johnson. RYBREVANT® (amivantamab-vmjw) Receives FDA Approval as the First Targeted Treatment for Patients with Non-Small Cell Lung Cancer with EGFR Exon 20 Insertion Mutations. Available at: https://www.jnj.com/rybrevanttm-amivantamab-vmjw-receives-fda-approval-as-the-first-targeted-treatment-for-patients-with-non-small-cell-lung-cancer-with-egfr-exon-20-insertion-mutations. Accessed November 2021.
9 Grugan et al. Fc-mediated activity of EGFR x c-Met bispecific antibody JNJ-61186372 enhanced killing of lung cancer cells. MAbs. 2017;9(1):114-126.
10 Moores et al. A Novel Bispecific Antibody Targeting EGFR and cMet Is Effective against EGFR Inhibitor-Resistant Lung Tumors. Cancer Res. 2016;76(13)(suppl 27216193):3942-3953.
11 Yun et al. Antitumor Activity of Amivantamab (JNJ-61186372), an EGFR–MET Bispecific Antibody, in Diverse Models of EGFR Exon 20 Insertion–Driven NSCLC. Cancer Discov. 2020;10(8):1194-1209.
12 Vijayaraghavan et al. Amivantamab (JNJ-61186372), an Fc Enhanced EGFR/cMet Bispecific Antibody, Induces Receptor Downmodulation and Antitumor Activity by Monocyte/Macrophage Trogocytosis. Mol Cancer Ther. 2020;19(10):2044-2056.
13 ClinicalTrials.gov. Study of Amivantamab, a Human Bispecific EGFR and cMet Antibody, in Participants With Advanced Non-Small Cell Lung Cancer. Available at: https://clinicaltrials.gov/ct2/show/NCT02609776. Accessed November 2021
14 A Study of Lazertinib as Monotherapy or in Combination With Amivantamab in Participants With Advanced Non-small Cell Lung Cancer. Available at: https://clinicaltrials.gov/ct2/show/NCT04077463. Accessed November 2021
15 ClinicalTrials.gov. A Study of Amivantamab and Lazertinib Combination Therapy Versus Osimertinib in Locally Advanced or Metastatic Non-Small Cell Lung Cancer (MARIPOSA). Available at: https://clinicaltrials.gov/ct2/show/NCT04487080. Accessed November 2021
16 ClinicalTrials.gov. A Study of Amivantamab and Lazertinib in Combination With Platinum-Based Chemotherapy Compared With Platinum-Based Chemotherapy in Patients With Epidermal Growth Factor Receptor (EGFR)-Mutated Locally Advanced or Metastatic Non- Small Cell Lung Cancer After Osimertinib Failure (MARIPOSA-2). Available at https://clinicaltrials.gov/ct2/show/NCT04988295 Accessed November 2021
17 ClinicalTrials.gov. A Study of Combination Amivantamab and Carboplatin-Pemetrexed Therapy, Compared With Carboplatin-Pemetrexed, in Participants With Advanced or Metastatic Non-Small Cell Lung Cancer Characterized by Epidermal Growth Factor Receptor (EGFR) Exon 20 Insertions (PAPILLON). Available at: https://clinicaltrials.gov/ct2/show/NCT04538664?term=PAPILLON&cond=NSCLC&draw=2&rank=1. Accessed November 2021.
18 ClinicalTrials.gov. A Study of Amivantamab Subcutaneous (SC) Administration for the Treatment of Advanced Solid Malignancies. Available at: https://clinicaltrials.gov/ct2/show/NCT04606381. Accessed November 2021.
19 Park et al, Amivantamab (JNJ-61186372), an anti-EGFR-MET bispecific antibody, in patients with EGFR exon 20 insertion (exon20ins)-mutated non-small cell lung cancer (NSCLC). Available at https://ascopubs.org/doi/abs/10.1200/JCO.2020.38.15_suppl.9512. Accessed November 2021.
20 Globocan 2020. Estimated number of incident cases deaths in 2020, Europe, both sexes, all ages. Available at: www.gco.iarc.fr. Accessed November 2021.
21 Zappa C et al. Non-small cell lung cancer: current treatment and future advances. Transl Lung Cancer Res 2016; 5(3): 288–300.
22 Wee,P, Wang, Z. Epidermal Growth Factor Receptor Cell Proliferation Signaling Pathways. Cancers (Basel). 2017 May; 9(5): 52.
23 Zhang et al. The prevalence of EGFR mutation in patients with non-small cell lung cancer: a systematic review and meta-analysis. Oncotarget 2016. 7 (48): 78985 – 78993.
24 Lin JJ, Cardarella S, Lydon CA, Dahlberg SE, Jackman DM, Jänne PA, et al. Five-Year Survival in EGFR-Mutant Metastatic Lung Adenocarcinoma Treated with EGFR-TKIs. J Thorac Oncol. 2016 Apr;11(4):556-65.
25 Girard N, BazhenovaL, MinchomA, OuSI, GadgeelSM, Trigo J, et al. Comparative clinical outcomes for patients with NSCLC harboring EGFR exon 20 insertion mutations and common EGFR mutations. Abstract presented at: World Conference on Lung Cancer Annual Meeting; January 29, 2021; Singapore.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211210005550/en/

Contacts
Media:
Noah Reymond
+31 621 38 5718
NReymond@its.jnj.com

Sarah Jones
+44 7917 849 211
SJones39@its.jnj.com

Investor Relations:
Jessica Moore
+41 79 395 4823
Jmoore29@its.jnj.com

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Western Union Joins Forces with Major Financial Institutions in Ukraine and CIS

 FI Customers Can Now Conveniently Send and Receive Global Money Transfers from Western Union’s omni-channel network

 

LONDON-Wednesday 15 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions in Ukraine and across the Commonwealth of Independent States (CIS), to enable millions of their customers to send and receive cross-border payments through Western Union’s omni-channel network quickly, conveniently and reliably.

Expanding Western Union’s retail network across the region, the Company recently launched international money transfers through Nova Poshta, one of Ukraine’s biggest postal networks. Its non-banking financial institution, NovaPay, has a leading share of 46% of the local money transfer market1, with a total of 3,500 locations.

Customers of Monobank in Ukraine can now send money transfers globally leveraging Western Union’s retail network across more than 200 countries and territories, through the bank’s mobile app. Customers can fund their international transfer using their Monobank card, and receivers can pick-up their funds from any of Western Union’s approximately 600,000 retail locations. Monobank has seen rapid growth in the Ukrainian market; with an investment in best of class customer support, the FI today has more than 4 million online customers.

Additionally, Western Union launched international money transfers through Russia’s Sovkombank, one of the country’s top-ten financial institutions, with a customer base of 11 million and a total of 260 locations with further development in the pipeline. The company also launched international money transfers through Kazakhstan’s Jusan Bank and in Tajikistan, through the country’s International Bank and Rushdi Orien.

On the digital side, there have been three additional activations with important Financial Institutions across the region. Customers of Bank Center Credit in Kazakhstan, Kapitalbank in Uzbekistan and Unibank in Azerbaijan can now also send international money transfers through the integration of Western Union’s platform in the banks’ respective mobile apps.

“We are privileged to have already joined forces with top financial institutions and post offices across the CIS, giving millions of their customers flexibility, convenience and trust in their cross-border money transfers and payments,” said Massimiliano Alvisini, Western Union’s General Manager for CIS, Europe, and Africa. “We are constantly expanding our network across the region and integrating our global money movement capabilities to enhance the customer experience of major CIS financial institutions."

About Western Union

The Western Union Company is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect businesses, financial institutions, governments, and consumers through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and approximately 600,000 retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.

1 National Bank of Ukraine, 2020

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211215005467/en/

Contacts

Media Contacts:
Nicholas Mandalas
Nicholas.mandalas@wu.com


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Metap Inc.: Announcing the New Project "Metaverse x GameFi", Whitelist and Community Registration Campaign Is Underway!

TAIPEI, Taiwan-Saturday 18 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Gensokishi Online has announced the release of its official website "Gensokishi Online -META WORLD-" in Dec. 2021.

This project is a new version of "Gensokishi Online", which won the "Game of the year, Gold Award" in 2012 in Taiwan and has been played by a total of 8 million users. Gensokishi aims to build a new fantasy world economy with blockchain technology, incorporating NFT and GameFi elements into a 3D MMO world metaverse.

"Gensokishi Online", a Japanese 3D MMO title licensed from "Elemental Knights Online", has been trusted and proven for more than 13 years on various apps, Nintendo Switch and PlayStation4.

In the world created by WEB3.0, Metaverse, and GameFi, Gensokishi will realize the three features of "Free to Play", "Play to Earn", and "UGC to Earn".

Anyone can create an account for free and buy and sell the NFT items and tokens they acquire.

In the future, Genoskishi plans to offer "UGC (User Generated Contents)," which will allow users and companies to create and sell NFT items, as well as the right to freely create land, place objects, natural environments, characters, and monsters in the metaverse.

Gensokishi operates on top of Polygon (MATIC), better known as an Ethereum based protocol that allows players to get the benefits of high transaction capabilities and low costs.

Furthermore, this initiative also includes participation from key personalities in the video game industry.

The MV token will be on Uniswap on Dec. 23, 2021. For more information, please see the white paper.

About the Campaign

Various campaigns are being held to celebrate the announcement of Gensokishi Online.

Community Registration Campaign

A campaign is currently being held to distribute "Limited Equipment NFT" to all those who join the community by Dec. 27, 2021.

Whitelist

Starting Dec. 7, Gensokishi is running a $10,000 Whitelist Campaign, and if you enter by Dec. 19, you will be entitled to purchase up to $100 worth of token at private sale prices.

Official Community
Twitter
Telegram
Discord

Service Outline
Description: Gensokishi Online -META WORLD-
Languages: English, Chinese, Japanese
System Requirements: PC, Android, iOS
Source : Taiwan Gensokishi Online Project Metap.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211215006137/en/

Contacts
Metap Inc.
Maxi Kuan
Phone number: +886935312638
E-mail address: info@genso.game

 

Permalink : https://aetoswire.com/news/metap-inc-announcing-the-new-project-metaverse-x-gamefi-whitelist-and-community-registration-campaign-is-underway/en

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Folkart Opens Its First International Office in Dubai

Folkart, an Izmir based construction company and one of Turkey's most reputable brands, opened its first international office in Dubai.

 

DUBAI, United Arab Emirates-Friday 17 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Folkart’s Dubai office precedes its offices which are to be opened in Berlin and Cologne, where the company has been working with partner companies in the German market.

Folkart Dubai office opening was celebrated with an event that took place at the Mandarin Oriental Jumeira Hotel in Dubai. The evening was hosted by Folkart executives including Cem Mengi; Chairman of the Board of Directors of Saya Group, Mesut Sancak; Chairman of the Board of Folkart and Metin Sancak; General Manager of Folkart, who introduced the group companies and İzmir to investors from Dubai for business opportunities in Turkey.

The opening event was attended by esteemed investor groups from Dubai including the Al Maktoum, Ghurair, Al Futtaim, Al Habtoor and Al Tayer families. Folkart Dubai’s partners Özgür Kaya, İdris Demirhan and Mohamed Julfar were also among the participants.

Cem Mengi, Chairman of the Board of Directors of Saya Group, parent company of Folkart, emphasized the mutual advantages to be gained through cooperation between the UAE and Turkey. Highlighting Turkey's unique historical and cultural wealth, Mr. Mengi expressed optimism about the future of the Turkish economy and reminded that Turkey’s export volume exceeded 221 billion USD in the last 12 months.

Environment-Friendly, Advanced Technology
Mesut Sancak, Folkart Chairman of the Board of Directors, expressed happiness for opening an office in Dubai as a milestone for achieving global sales. He underlined that ethics, sustainability and innovation awareness were at the foundations of the family firm and confirmed their determination to add value to their investors through constructing environmentally friendly, advanced technology universal buildings.

Izmir: Turkey’s ‘Gate to the West’
Metin Sancak, General Manager of Folkart, shared the details of Folkart’s 16 completed and 8 currently continuing projects in İzmir, whose total values exceed 25 billion Turkish Liras. Sancak underlined that Folkart is ready for new collaborations and invited investors to Izmir, a beautiful city with a high investment potential.

Kaya International Chairman of the Board of Directors, Attorney Mr. Özgür Kaya said, “We share the common vision and excitement of being a global brand with Folkart. I hope that our cooperation with the prominent families of the Middle East will contribute to our country's economy.

Contacts
Soner Çağlar
kurumsal.iletisim@folkart.com.tr


Permalink : https://aetoswire.com/news/folkart-opens-its-first-international-office-in-dubai/en

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The Coretec Group Signs Lease for Laboratory

ANN ARBOR, Mich-Thursday 16 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- The Coretec Group, Inc., (OTCQB: CRTG), developers of engineered silicon and 3D volumetric displays, announces that it has signed a lease for a wet laboratory in the same building as its corporate offices at MI-HQ in Ann Arbor, Michigan.

The laboratory will have the necessary equipment for air sensitive chemistry including a fume hood, Schlenk line, and glove box, as well as other common synthesis tools such as a rotary evaporator and centrifuge. Construction on the laboratory space is progressing and the Company has begun acquiring lab equipment. The MI-HQ landlord anticipates the space will be ready for occupancy by the end of December.

The laboratory will enable The Coretec Group to produce cyclohexasilane (CHS) and silicon quantum dots as well as conduct experiments. The data gained from these experiments will be useful to meet the customers’ needs as well as spawn further innovations. In addition, the laboratory will be a useful tool for the Company’s CHS battery development.

“I am excited that The Coretec Group will have its first devoted wet lab space allowing us to realize our goals of engineering silicon to improve life,” said Dr. Ramez Elgammal, Ph.D., Chief Technology Officer at The Coretec Group. “Part of this will be bringing a dedicated R&D Scientist onboard to fast-track application development for CHS in a variety of markets including lithium-ion battery anodes and the development of next generation solid-state lighting. This is an important milestone for the company.”

About MI-HQ

MI-HQ is a high-energy, cooperative entrepreneurial community with 160,000+ square feet on Ann Arbor’s west side that helps local companies grow by providing functional, affordable space in a collaborative environment that fosters acceleration.

For more information, please visit https://mi-hq.com.

About The Coretec Group

The Coretec Group, Inc. is developing a portfolio of engineered silicon to improve energy-focused verticals, including electric vehicle and consumer batteries, solid-state lighting (LEDs), and semiconductors, as well as 3D volumetric displays and printable electronics. The Coretec Group serves the global technology markets in energy, electronics, semiconductor, solar, health, environment, and security.

For more information, please visit thecoretecgroup.com. Follow The Coretec Group on Twitter and LinkedIn.

Forward-Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward-looking statements, and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211214006159/en/

Contacts
Corporate Contact
The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916-0833


Permalink : https://aetoswire.com/news/the-coretec-group-signs-lease-for-laboratory/en

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SunMirror AG: Expanding the Team to Support the Execution of the Growth Strategy into Critical Raw Materials

 

ZUG, Switzerland-Sunday 12 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- SunMirror AG ("SunMirror", "the Company"; Vienna Stock Exchange: ROR1; Frankfurt Stock Exchange: ROR; ISIN CH0396131929) is pleased to announce experienced senior executives to join the SunMirror's Leadership Team.

SunMirror has appointed Ms. Flavia R. Sennhauser as Chief Financial Officer. Mr. Roger Hermann who has been serving as Chief Financial Officer will continue to work as a senior executive in the Company. Ms. Sennhauser is proposed for election to join the Board of Directors at the 2021 Annual General Meeting on December 17, 2021.

The Company has further strengthened its senior leadership team with Lord David Richards of Herstmonceux, and with Mr. Gavin Rezos, who have joined SunMirror as advisors to the Board. Furthermore, Lord Richards and Mr. Rezos have agreed to be proposed to join the Board of Directors; Lord Richards as Chairman and Mr. Rezos as Deputy Chairman. The Company expects to propose to its shareholders their election in early 2022, after the completion of the transaction detailed in the announcement on August 26, 2021.

Ms. Sennhauser is a senior financial professional with more than two decades of experience in mining, commodities, infrastructure and energy. Ms. Sennhauser was Chief Business Officer at waste-to-energy company Xetrov Group Ltd. where she led its sales and investment/ project development division. Previously, she was a senior executive at Credit Suisse AG and Gazprombank AG, among others, focused on global commodities banking. Flavia's extensive background intersecting finance and mining complements SunMirror's already strong corporate finance team.

Lord Richards was formerly the UK's Chief of the Defence Staff (CDS), the professional head of the British Armed Forces. During his international career he commanded the UK Contingent in East Timor, the UK Joint Task Force in Sierra Leone during the Sierra Leone Civil War, and NATO's Allied Rapid Reaction Corps during which time he commanded NATO forces in Afghanistan. As CDS he was military strategic adviser to the Prime Minister and a member of the UK's National Security Council. Lord Richards has a well-developed international network representing the highest echelons of industry, politics and global finance. His experience in conflict management and mitigation, and his understanding of geopolitics across the globe, will be of great benefit to SunMirror.

Mr. Rezos possesses an extensive range of experience in capital markets, large cross border resources transactions and project finance. In a director, advisor or banking capacity he has overseen financing and development of large mineral resources and energy projects around the world, ranging from Iluka Resources' Jacinth Ambrosia Zircon Project, Ilmenite Projects in the Murray Basin and Cataby, Australia, to the La Coipa Gold mine in Chile, gas distribution in Argentina and battery metals resource projects in Scandinavia. Mr. Rezos is solicitor by training and was previously HSBC's Head of Legal and Compliance across Australasia, thereafter HSBC's Regional Head of Legal and Compliance for South Asia, Central Asia and the Middle East before becoming a Director at HSBC Investment Banking in the Middle East. Mr. Rezos is an experienced public company Director having held Board and Chairman positions at public companies listed on NASDAQ, ASX and Frankfurt Securities Exchanges. He has a strong background in project finance, capital markets, corporate governance, sustainability and environmental issues.

SunMirror also plans to establish an Advisory Board to support the Board of Directors. It is intended that the Advisory Board will include Simon Clarke, who joined SunMirror as a Senior Advisor, and currently serves as International Counsel to Australia's Minderoo Foundation. He was from 2009 to 2019 Senior Partner at the law firm Allen & Overy. Additionally, it is intended that a representative of Opus Capital Switzerland AG is going to join the Advisory Board. Opus Capital is a leading independent financial services company in Switzerland focused on bringing to market high-growth opportunities. The firm's business activities focus on M&A advisory and underwriting for mid-cap companies.

With these appointments, SunMirror is building a solid foundation for its next phase of development and considers itself being well positioned to execute its growth into critical raw materials for the green evolution.

About SunMirror AG

The Group invests into strategic mineral exploration assets with a focus on sustainable green battery metals, like cobalt, lithium and nickel, as well as iron ore and gold deposits in developed markets. The company aims to either produce minerals at a later stage or sell those assets to strategic buyers. SunMirror is differentiated by taking a "mine-to-market" approach to sustainability across the value chain, creating a mining industry "best practice."

The company's shares (ISIN CH0396131929) are listed on the Vienna Stock Exchange (ticker: ROR1) as well as on Xetra and the Frankfurt Stock Exchange (ticker: ROR). For further information, please visit: www.sunmirror.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211210005463/en/

Contacts

SunMirror AG
Mr. Heinz R. Kubli
Tel: +41 (0) 43 505 1400
Email: info@sunmirror.com

Permalink : https://www.aetoswire.com/news/sunmirror-ag-expanding-the-team-to-support-the-execution-of-the-growth-strategy-into-critical-raw-materials/en

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Acronis CyberFit Summit Dubai Hosted Over 400 Attendees

The UAE takes cyber protection seriously


DUBAI, United Arab Emirates, -Thursday 16 December 2021 [ AETOS Wire ]

Acronis, the global leader in cyber protection, hosted its Dubai CyberFit Summit last week at the W Hotel on the Palm Jumeirah - the third stop in the Acronis World Tour, which is an ongoing industry event series dedicated to bringing cyber protection to the world.

Acronis also simultaneously released the Acronis Cyberthreats Report 2022, an in-depth review of the cyber threat trends which warns that small and medium-sized businesses (SMBs) are at particular risk based on the attack trends seen during the last six months of the year.

The event, which took place on December 8-9th, engaged world-class cybersecurity and industry experts and provided an in-depth look at how companies can enhance their IT infrastructure capabilities – with a particular focus on MSPs, the backbone of channel business, coming under increased attention from cybercriminals. The hybrid event hosted over 400 in-person attendees from across the globe and hundreds more participants joined the summit virtually as well.

“The Acronis #CyberFit Summit World Tour 2021 is where our partners come together to learn, grow their business and network,” said Patrick Pulvermueller, Chief Executive Officer at Acronis. “Dubai was a fantastic stop for our tour and it was great to see our very active local partners in person. The region has so much to offer and I look forward to being back soon in 2022.”

At the event, attendees heard from world-renowned speakers and experts for various keynotes and sessions including Chris Voss, former FBI hostage negotiator and the CEO and Founder of The Black Swan Group Ltd. Representatives from Abu Dhabi Police, Lt.Colonel. Dr.Hamad Khalifa Al Nueimi, the Head of Telecom Division at the Infrastructure Dept (ICT Center) of Abu Dhabi Police GHQ, and Dr. Humaid Alshamsi, Artificial Intelligence Expert, shared their expertise on how to protect smart cities and how the United Arab Emirates have done such an inspiring job at leveraging technologies in their government services.

“I believe that technology is an inherent part of our daily life and is used in almost everything we do: work, family environment, education, government or health services. For Law Enforcement agents, it is necessary to always be prepared and well educated about the latest solutions that can be used in our society, especially since Abu Dhabi and Dubai have both been recognized as the safest cities in the world. Acronis #CyberFit Summit 2021 is a great opportunity to show and learn more about technology as well as networking while sharing experience and knowledge” said Lt.Colonel. Dr.Hamad Khalifa Al Nueimi, the Head of Telecom Division at the Infrastructure Dept (ICT Center) of Abu Dhabi Police GHQ

Latest regional number highlights from our EMEA CPOC (Cyber Protection Operation Center):

UAE ranked 33 globally for ransomware detections, a 63%  increase from rank 58 in Oct 2021
South Africa ranked 30  globally for ransomware detections, with a 64% increase from Oct 2021
Ransomware detections in GCC increased by 75% in November compared to Oct 2021
Key trends and predictions for 2022

Acronis is raising awareness about the impact of cyber threats on MSPs and small businesses; the Acronis Cyberthreats Report 2022 also noted:

Phishing attacks are rampant.
Data exfiltration continues to increase.
Remote workers continue to be a prime target. 
Check out the findings for the first half of 2021 in our Acronis Cyberthreats Report: Mid-year 2021

Acronis was also pleased to pre-announce the opening of two data centers in Africa: Nigeria and South Africa in Q2 2022! Finalisations are in process and the ongoing plan of 110 data centres worldwide in two years is well on track.

About Acronis

Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain-based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on-premises – at a low and predictable cost.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,700 employees in 34 locations in 19 countries. Its solutions are trusted by more than 5.5 million home users and 500,000 companies, and top-tier professional sports teams. Acronis products are available through 50,000 partners and service providers in over 150 countries in more than 40 languages.

Contacts
Melwyn Abraham

melwyn@matrixdubai.com

 


Permalink : https://www.aetoswire.com/news/acronis-cyberfit-summit-dubai-hosted-over-400-attendees/en

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Philip Morris International Releases 10-Year Anniversary Report on Agricultural Labor Practices

PMI publishes report detailing history, strategy, challenges, and progress made; ALP’s learnings will support the development of Verité’s upcoming ‘Farm Labor Due Diligence Toolkit’


LAUSANNE, Switzerland-Friday 10 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Today, in recognition of International Day of Human Rights and the International Year for the Elimination of Child Labor (2021), Philip Morris International Inc. (PMI) (NYSE: PM) publishes its Agricultural Labor Practices: 10-Year Anniversary Report. The report recognizes the company’s decade-long Agricultural Labor Practices (ALP) program, which launched in 2011 with the aim to eliminate child labor and to achieve safe and fair working conditions on farms where PMI sources tobacco.

“In marking the 10-year anniversary of our ALP program and the International Year for the Elimination of Child Labor, we have developed a comprehensive report to reflect on the progress we’ve made while acknowledging that accelerated action is more urgent than ever,” said Jennifer Motles, Chief Sustainability Officer, PMI. “We are acutely aware that poverty and inequality are at the root of child labor and other human rights issues. Through our focus on living income, we aim to build resilience in our farming communities, provide new and alternative sources of revenue, and improve income levels and households’ livelihoods.”

Updated in 2019 to include its living income target, PMI’s ALP program remains one of the most ambitious and comprehensive efforts to improve labor practices in a global agricultural supply chain. The report reaffirms the company’s commitment to continue protecting, promoting, and supporting the socioeconomic well-being of tobacco-farming communities. This includes the ambition to achieve 100% of its contracted farmers paying at least the legal minimum wage by 2022, zero child labor in its tobacco supply chain by 2025, 100% of its contracted farmers making a living income by 2025, and 100% of contracted farmers supplying tobacco to PMI to have basic water access by 2025 and access to basic sanitation and hygiene by 2030.

These strategic ambitions continue to build on important ALP targets already achieved in previous years, which include providing safe and decent accommodation to workers, and ensuring 100% of farmers and workers have access to personal protective equipment for the application of crop protection agents and prevention of green tobacco sickness.

In commemoration of the 10-year anniversary, PMI is also partnering with Verité to integrate its learnings into an open-source toolkit that will aid companies, suppliers, and producers in driving improvements in labor practices of agricultural supply chains around the world. The initiative, called the “Verité Farm Labor Due Diligence Toolkit,” is part of an action pledge Verité has made in support of the International Year for the Elimination of Child Labor.

The toolkit will draw on the insights developed during Verité’s collaboration with PMI on the ALP program, as well as Verité’s work with other clients. PMI will join a coalition of other private-sector sponsors convened by Verité to support the toolkit initiative, helping to prioritize, develop, and promote the materials to be included within.

Anna Kletsidou, Head of Social Impact, PMI, said: “By continuing to collaborate with our partners such as Verité, we further strengthen our foundations, scale our efforts, and share our learnings to improve agriculture labor practices. As the company delivers a smoke-free future, we are expanding into electronics—leveraging our ALP learnings, PMI remains alert to environmental and social impacts created by this supply chain and is developing robust strategies to address them.”

Since its implementation, PMI’s ALP program has showcased the importance of partnership, digitalization, and continuous improvement. Earlier this year, PMI commissioned a publication focused on climate justice and the interconnectivity between environmental and social issues, recognizing the impact of climate change on human rights and the need to develop coherent and inclusive strategies.

To learn more about PMI’s ALP program, its work with Verité, or to read the anniversary report, visit the PMI Social Sustainability landing page.

Forward-Looking and Cautionary Statements
This press release contains projections of future results and other forward-looking statements. Achievement of future results is subject to risks, uncertainties and inaccurate assumptions. In the event that risks or uncertainties materialize, or underlying assumptions prove inaccurate, actual results could vary materially from those contained in such forward-looking statements. Pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, PMI is identifying important factors that, individually or in the aggregate, could cause actual results and outcomes to differ materially from those contained in any forward-looking statements made by PMI.

PMI's business risks include: excise tax increases and discriminatory tax structures; increasing marketing and regulatory restrictions that could reduce our competitiveness, eliminate our ability to communicate with adult consumers, or ban certain of our products in certain markets or countries; health concerns relating to the use of tobacco and other nicotine-containing products and exposure to environmental tobacco smoke; litigation related to tobacco use and intellectual property; intense competition; the effects of global and individual country economic, regulatory and political developments, natural disasters and conflicts; changes in adult smoker behavior; lost revenues as a result of counterfeiting, contraband and cross-border purchases; governmental investigations; unfavorable currency exchange rates and currency devaluations, and limitations on the ability to repatriate funds; adverse changes in applicable corporate tax laws; adverse changes in the cost, availability, and quality of tobacco and other agricultural products and raw materials, as well as components and materials for our electronic devices; and the integrity of its information systems and effectiveness of its data privacy policies. PMI's future profitability may also be adversely affected should it be unsuccessful in its attempts to produce and commercialize reduced-risk products or if regulation or taxation do not differentiate between such products and cigarettes; if it is unable to successfully introduce new products, promote brand equity, enter new markets or improve its margins through increased prices and productivity gains; if it is unable to expand its brand portfolio internally or through acquisitions and the development of strategic business relationships; or if it is unable to attract and retain the best global talent. Future results are also subject to the lower predictability of our reduced-risk product category's performance.

PMI is further subject to other risks detailed from time to time in its publicly filed documents, including the Form 10-Q for the quarter ended September 30, 2021. PMI cautions that the foregoing list of important factors is not a complete discussion of all potential risks and uncertainties. PMI does not undertake to update any forward-looking statement that it may make from time to time, except in the normal course of its public disclosure obligations.

Philip Morris International: Delivering a Smoke-Free Future
Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company, its shareholders, and other stakeholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products, associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. In addition, versions of PMI’s IQOS Platform 1 device and consumables have received marketing authorizations from the U.S. Food and Drug Administration (FDA) under the premarket tobacco product application (PMTA) pathway; the FDA has also authorized the marketing of a version of IQOS and its consumables as a Modified Risk Tobacco Product (MRTP), finding that an exposure modification order for these products is appropriate to promote the public health. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI’s smoke-free product portfolio includes heat-not-burn products, nicotine-containing vapor products, and oral nicotine products. As of September 30, 2021, PMI’s smoke-free products are available for sale in 70 markets in key cities or nationwide, and PMI estimates that approximately 14.9 million adults around the world have already switched to IQOS and stopped smoking. For more information, please visit www.pmi.com and www.pmiscience.com.

About Verité
Verité is an independent, non-profit, civil society organization (CSO), recognized for its unique credibility. Since 1995, they have partnered with hundreds of corporations, governments, and CSOs to illuminate labor rights violations in supply chains and remedy them to the benefit of workers and companies alike. Verité has been recognized by the Skoll Award for Social Entrepreneurship and Schwab US Social Entrepreneur of the Year. Verité’s goals are to provide businesses with tools that help to eliminate labor abuses; To empower workers to advocate for their rights; To create publicly-shared resources that enlighten and drive action; To contribute their expertise to government labor and human rights policy. Verité has a history of work in over 70 countries, with a global network of experts in Africa, Asia, Europe, South America, North America and Australia. Visit their website to find out more.

# # #

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211210005181/en/

Contacts

 

Philip Morris International
David Fraser
T. +41 (0)58 242 4500
E. david.fraser@pmi.com

Permalink : https://www.aetoswire.com/news/philip-morris-international-releases-10-year-anniversary-report-on-agricultural-labor-practices/en

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‘Running Late’, the Main Culprit for Road Accidents – Study by Volkswagen & RoadSafetyUAE


• Majority of UAE motorists claim to start their trips late

• Starting road trips late causes motorists to speed, tailgate, drive distracted and be less considerate to others

• Resulting reckless driving is skewed towards males, young motorists (18-34), Emirati, Abu Dhabi

• ‘Leaving early’ is strongly recognized as the solution

 

Dubai, United Arab Emirates-Monday 13 December 2021 [ AETOS Wire ]

From earlier studies about the main causes of reckless driving the hypothesis crystallized, that ‘running late’ is the root cause for much of UAE motorists’ misbehavior.  Hence, this new and vital study looking into all the dimensions of ‘running late’ is of truly critical importance to understand the consequences and the ‘quick-fix’ solution for poor time management or ’running late’.

Thomas Edelmann, Founder & Managing Director of RoadSafetyUAE states: “The simple fact of ‘running late’ has such a detrimental effect on our safety, that we had the urge to understand more about it. We are delighted to teaming up with our CSR-Partner Volkswagen for this very important research project. It is of great significance that we bring these insights in front of our motorists, for them to reflect on their time management, for them to understand the dire consequences of ‘running late’ and for them to apply the easy and free-of-cost fix of ‘starting early.”

Victor Dalmau, Managing Director at Volkswagen Middle East adds: “For Volkswagen, safety is, and will always be, our top priority. Therefore, we feel that, beyond producing cars with the latest technology on active and passive safety features, our responsibility is also to make drivers really aware of the importance of safe driving and helping them to achieve it. We have held already safety campaigns over the past years and we are now taking this further through our partnership with RoadSafetyUAE.”

The main findings of the study are:

80% of drivers admit to start their trips late (only 20% 'never')

80% of those running late are more likely to speed

59% of those running late are more likely to tailgate

50% of those running late show less consideration to other road users

50% of those running late are more likely to drive distracted

While males and females both admit to start their trips equally late, males have a significantly higher tendency to consequently display forms of reckless driving (speeding: 83% vs. 71%; tailgating 62% vs. 52%; distracted driving 53% vs. 43%).

The segment of young drivers in the age group of 18-34 years shows the highest values of resulting misbehavior ‘almost every time’ and ‘often’ in the categories of running late, speeding, tailgating, less consideration to others and distracted driving! Exactly the same applies for the segment of Emirati motorists.

The emirate of Abu Dhabi stands out in terms of resulting speeding, tailgating and distracted driving.

What's the easy fix?

82% think leaving 10 minutes early would mean you would drive more safely

57% think arriving early benefits them by 'being calmer / less stressed'

56% think arriving early means to be 'more prepared before their meeting'

29% would use the time to check for updates on their mobile phone

25% would go for a quick coffee

21% would call someone

“It is absolutely not rocket science, and motorists themselves do understand the power of the ‘easy fix’! A staggering 82% think that ‘starting early’ would mean more safety! Motorists also clearly understand the benefits of ‘arriving early’.

What is holding us back? We must reflect on this single root cause of ‘running late’ which causes so much pain on our roads. It is so easy and it does not cost anything! We would like to see all involved stakeholders like governmental entities, the media, corporations and the education sector to focus on awareness-creating initiatives around ‘Start your road trip early!’” Edelmann concludes.

The dedicated topic on RoadSafetyUAE’s portal with tips & tricks can be found here: https://www.roadsafetyuae.com/watch-the-time/

The survey was commissioned by Volkswagen and RoadSafetyUAE with a UAE representative sample of 1,006 respondents. It was conducted by a global online market research agency.

 

About RoadSafetyUAE:

RoadSafetyUAE’s vision is to contribute to reducing the number of road traffic fatalities, injuries and accidents in the UAE. RoadSafetyUAE’s mission is to raise the awareness for proper conduct on our roads, in an engaging manner and on a broadly communicated and permanent basis. RoadSafetyUAE’s award-winning platform engages with the stakeholders traffic participants, governmental entities, the media, and corporate social responsibility (CSR) minded partners. ‘Tips & Tricks’ are the content backbone, provided for more than 60 topics of road safety, all specifically relevant to the UAE. More information can be found on www.RoadSafetyUAE.com

 

About Volkswagen Middle East:

The Volkswagen Passenger Cars brand is present in more than 150 markets throughout the world and produces vehicles at over 50 locations in 14 countries. In 2020, Volkswagen delivered 5.3 million vehicles including bestselling models such as the Golf, Tiguan, Jetta or Passat. Currently, 195,878 people work for Volkswagen across the globe. The brand also has over 10,000 dealerships with 86,000 employees. Volkswagen is forging ahead consistently with the further development of automobile production. E-mobility, smart mobility and the digital transformation of the brand are the key strategic topics for the future.

Contacts
RoadSafetyUAE

Thomas Edelmann, Founder and Managing Director

Thomas@RoadSafetyUAE.com

Mob: +971 50 55 19 216

 

Volkswagen Communications

Brett Jones, Public Relations Manager

Tel. +971 56 911 4251

brett.jones@volkswagen.avme.ae

 

Zeina Al Hasan, Public Relations Officer

Tel. +971 56 534 4283

extern.zeina.alhasan@volkswagen.avme.ae

Permalink : https://aetoswire.com/news/lsquorunning-latersquo-the-main-culprit-for-road-accidents-ndash-study-by-volkswagen-amp-roadsafetyuae/en

 

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Olympus Sets Sights on Growth in Its Refocused Medical Business

Company to Focus on Elevating the Standard of Care in Targeted Disease States


TOKYO.-Tuesday 7 December 2021 [ AETOS Wire ]

-        Plans include sharper focus on gastrointestinal, urological and respiratory care

-        Investment in single-use endoscopes, digital solutions, and endoluminal therapies expected

-        Expanded R&D capabilities, stronger medical and scientific affairs, and other enabling factors will support better execution of Olympus’ medical business

(BUSINESS WIRE)-- Olympus Corporation (“Olympus” – Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi), has clarified the direction of its medical business with the aim of achieving further growth and profitability by elevating the standard of care in targeted disease states. The medtech leader’s approach involves greater focus on gastrointestinal, urological, and respiratory care solutions for chronic diseases that will increasingly impact the global population, as well as more focused investment in next-generation technologies that will enhance patient care pathways.

Three major principles guide the company’s approach:

Focus the portfolio on disease states where Olympus can maximize impact
Olympus will focus on the disease states where it can maximize its positive impact, including those targeted by its Gastrointestinal, Urology, and Respiratory business areas. Aging populations worldwide face increasing levels of chronic disease that present unmet needs matching Olympus’ competitive strengths, as well as opportunities to continue providing solutions for colorectal cancer, benign prostatic hyperplasia, urological stone disease, urinary disease, and lung cancer. Other medical areas will remain important business components and support Olympus’ goal of striving for greater profitability, contributing to the company-wide goal of at least 5-6% annual growth and an operating profit margin of 20% or higher.
Shape the future by investing in new ways to enhance the standard of care
Olympus will concentrate on a care pathway oriented approach, procedural optimization, and next-generation solutions development. The company’s innovation pipeline includes plans to optimize its endoscope line through complementary single-use scopes; integrate computer-assisted diagnosis, cloud, and endoscopy workflow management technologies; and explore endoluminal therapy breakthroughs.
Enable Olympus to compete even more effectively on a global scale
The company’s approach includes enabling factors, such as an expanded global R&D network, stronger Medical and Scientific Affairs, and a more centralized Quality Assurance and Regulatory Affairs function. Merger and acquisition momentum is expected to stay strong via the Olympus business development function, which drove significant acquisitions over the past 2 years. Additionally, the new Olympus wholly owned corporate venture capital fund will prioritize early-stage investments and aim to stimulate next-generation innovations.
Olympus’ new direction comes on the back of strong half-year figures, including a record operating profit margin of 18.5% and strong year-on-year growth of 31%, as announced on November 5. Medical business revenue is expected to reach a record high for fiscal year 2022. Olympus also reiterated its goal of operating with a 20%-plus profit margin and a midterm annual growth rate of 5-6% in fiscal year 2023.

Since 2019, Olympus has completed the sale of its Imaging business and announced the impending transition of its Scientific Solutions business into a newly established, wholly owned subsidiary. A package of operational changes brought about enhancements in efficiency, profitability, R&D processes, and customer care.

“We are witnessing stunning changes to the global healthcare industry due to the aging of populations, the rise of chronic diseases, integration of digital technologies, health and biotech advancements and a growing emphasis on less-invasive treatments,” said Yasuo Takeuchi, President and CEO of Olympus. “With the successful transformation of Olympus since 2019, we have become a global medtech leader. Today we have unveiled a unifying value creation direction that is designed to elevate the standard of care, optimize the treatment journey for patients and healthcare professionals, and benefit all stakeholders, while accelerating our ability to deliver on the profitability and growth targets we have set.”

About Olympus

Olympus is passionate about creating customer-driven solutions for the medical, life sciences, and industrial equipment industries. For more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling by helping to detect, prevent, and treat disease; furthering scientific research; and ensuring public safety. As a leading medical technology company, our Medical business uses innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic, and minimally invasive procedures to improve clinical outcomes, reduce overall costs, and enhance the quality of life for patients. Olympus’ Medical portfolio includes endoscopes, laparoscopes, and video imaging systems, as well as surgical energy devices, customer solutions, medical services, and a wide range of endotherapy instruments for endoscopic and therapeutic applications. For more information, visit www.olympus-global.com and follow our global Twitter account: @Olympus_Corp.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211206005877/en/

Contacts
For further information:
Yuka Horimoto: +81-90-2490-1071 / Yuka.Horimoto@olympus.com
Robert John Tasker: +852 61856198 / Robert.Tasker@fleishman.com
Joy Kam: +852 64233931 / Joy.Kam@fleishman.com


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Tensar to Be Acquired by Commercial Metals Company to Expand Leadership in Construction Solutions

 

ALPHARETTA, Ga-Wednesday 8 December 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Tensar Corporation (“Tensar”), a global leader in geogrid engineered solutions for civil construction, and a portfolio company of Castle Harlan Inc.’s fund Castle Harlan Partners V, L.P., announced today it has entered into a definitive agreement to be acquired by Commercial Metals Company (NYSE: CMC) (“CMC”), as part of CMC’s strategy to expand its leadership in construction solutions.

“I’m enthusiastic about the opportunity for Tensar to join with CMC for expanded reach in the civil infrastructure market,” said Mike Lawrence, CEO of Tensar. “Both companies have a rich history of innovation, service and commitment to our customers’ success. Together we will be well-positioned to grow into key markets, leveraging forthcoming infrastructure spending as well as growing requirements for more sustainable solutions globally. We look forward to tapping CMC’s innovative, advanced manufacturing expertise to bring powerful product and service benefits to our customers and partners. This is an exciting change for employees and customers of both companies.”

CMC is a world leader in the manufacture of steel products, including rebar used in infrastructure construction reinforcement. They are innovators in the adoption of new manufacturing techniques and technology which deliver more cost-effective, sustainable and resilient solutions to clients.

“This compelling acquisition advances CMC’s strategy to expand our leadership in construction reinforcement, with value-added products that complement our existing offering,” said Barbara R. Smith, Chairman of the Board, President and Chief Executive Officer of CMC. “Tensar will create a powerful platform for incremental growth into complementary engineered products that target CMC’s largest core market, construction, serving end-use markets and customer segments where we have strong and existing relationships.”

“Today’s announcement is another exciting step in CMC’s strategic growth plan that will further enhance our organization,” said Ms. Smith. “We look forward to welcoming Tensar’s 650 worldwide employees to the CMC family.”

The transaction has been approved by the boards of directors of both CMC and Tensar. The closing of the transaction is expected to occur in a timely manner following customary regulatory review and subject to customary closing conditions.

Morgan Stanley & Co. LLC is acting as financial advisor, and Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal counsel to Castle Harlan and Tensar in connection with the transaction.

About Tensar

Tensar is a global provider of engineered civil construction solutions, helping engineers, contractors and owners use geogrid and geopiers to achieve more cost-effective, reliable solutions for pavement construction, soil stabilization, earth reinforcement, ground improvement and other site development challenges. With manufacturing facilities in the U.S., U.K., China and Russia, Tensar can meet customers’ needs wherever they are.

www.tensarcorp.com

About CMC

CMC and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services through a network including seven electric arc furnace (“EAF”) mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the U.S. and Poland.

www.cmc.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20211207005625/en/

Contacts

Media Contact on behalf of Tensar:
Natalie Springfield
(404) 317-1150
natalie@creativeinfluence.io

Permalink : https://www.aetoswire.com/news/tensar-to-be-acquired-by-commercial-metals-company-to-expand-leadership-in-construction-solutions/en

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