UPDATE — Berkshire Grey’s Picking With Purpose Donates Learning Kits for Boston Public School Students

Teaming up with the United Way, the Intelligent Enterprise Robotics company provides STEM-related supplies to support more than 2,400 students in the Boston area through the company’s Picking With Purpose program

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

Berkshire Grey’s Picking With Purpose

BEDFORD, Mass. and BOSTON, Sept. 06, 2021 (GLOBE NEWSWIRE) — Berkshire Grey (Nasdaq: BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, has partnered with United Way to donate learning kits to Boston Public School (BPS) students as part of its Picking With Purpose program. Exposing more young people to STEM careers is a way to put them on a path to success in college and career. By donating learning kits that support STEM programming, Berkshire Grey is helping United Way reach its goal to present engaging STEM opportunities to 10,000 Boston middle school students by 2022.

“Berkshire Grey is deeply invested in the success of our community and furthering the STEM education of Boston’s students. As a technology leader, it’s important for us to be a part of the solution, and our Picking With Purpose program provides us a forum to get involved and support our community,” said Jessica Moran, SVP and General Manager at Berkshire Grey. “These learning kits will provide BPS teachers supplies to enhance their STEM curriculums and each student’s learning experience. We will also participate in Massachusetts STEM Week through United Way’s BoSTEM program in October. We are committed to helping students in our community uncover their potential in STEM-based careers.”

“Together, Berkshire Grey and United Way are committed to both ensuring schools have the supplies they need and engaging students in STEM learning opportunities,” said Bob Giannino, President and Chief Executive Officer at United Way of Massachusetts Bay and Merrimack Valley. “Corporate partnerships are essential for creating an equitable and sustainable STEM economy in our city and giving every kid the chance to thrive in the field they choose.”

Led by United Way, Boston Public Schools, and Boston After School & Beyond, BoSTEM imagines a STEM workforce that reflects the demographics of Boston Public Schools with a focus to promote economic mobility and empowerment. As a citywide effort, the initiative coordinates resources and partnerships to provide Boston Public School students with meaningful STEM experiences that will strengthen their STEM career aspirations, social-emotional skills, and academic achievement. BoSTEM also works with out-of-school time programs and with corporate volunteers to offer experiential learning with industry professionals. Since BoSTEM launched in 2015, ​​77% of participating students reported positive gains in STEM Interest overall and 80% of students reported positive change in social and emotional skills. For more information, visit: https://unitedwaymassbay.org/BoSTEM.

Berkshire Grey’s Picking With Purpose program was launched in November 2020 to address food instability in the country, which was exacerbated by the pandemic. This need inspired Berkshire Grey to serve vulnerable populations by using its intelligent robotic sortation solutions to assemble meals. Since the program launched, the company has provided meals for 34,000 people through nonprofit organizations such as, City Harvest in New York City and the Greater Boston Food Bank in Massachusetts. Today, the program has expanded to serve local communities such as the Boston Public School system through United Way.

To learn more about Berkshire Grey’s Picking With Purpose program or to become a partner, visit https://www.berkshiregrey.com/about-us/picking-with-purpose/.

About Berkshire Grey

Berkshire Grey (Nasdaq: BGRY) helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organize, and sort operations to deliver competitive advantage for enterprises serving today’s connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. More information is available at http://www.berkshiregrey.com/.

Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.

Berkshire Grey Press Contact:

Pete Blair
Vice President of Marketing
[email protected]

About United Way

United Way of Massachusetts Bay and Merrimack Valley is a leading civic engagement organization dedicated to responding to our region’s most pressing issues like housing stability, economic mobility, healthy child development and educational success. We listen and work with communities to identify areas of greatest need and innovative approaches to address them, and then mobilize donors and corporate partners to provide resources to create positive lasting change. We have a vision and a mandate to empower stronger, more equitable communities, and we have the scale and reach to help. Our deep partnerships with hundreds of nonprofit organizations, state and municipal leaders, and businesses make us the region’s go-to mobilizer to address urgent needs and activate comprehensive, long-term solutions. More information is available at www.unitedwaymassbay.org

United Way Press Contact:

Brigid Boyd
Senior Vice President, Communications and Public Affairs
[email protected]
339-236-1161



IRSA Propiedades Comerciales S.A. announces its results for the Fiscal Year 2021 ended June 30, 2021

PR Newswire

BUENOS AIRES, Argentina, Sept. 6, 2021 /PRNewswire/ — IRSA Propiedades Comerciales S.A. (NASDAQ: IRCP; ByMA: IRCP), the leading commercial real estate company in Argentina, announces its results for the Fiscal Year 2021 ended June 30, 2021.

HIGHLIGHTS

  • The results for fiscal year 2021 have been affected by the restrictions due to the COVID19 pandemic. The company’s shopping malls were closed for most of the year while the offices remained operational, even though most of the tenants adopted the remote work modality.
  • Tenant sales in shopping malls fell 27.8% in real terms in fiscal 2021 compared to 2020 and the occupancy of the portfolio was 90%. Office revenue fell 21.9% and occupancy in A + and A buildings dropped to 80%. Adjusted EBITDA of the rental segment reached ARS 4,670 million in fiscal year 2021, 47.3% lower than in 2020, while total Adjusted EBITDA, which includes investment property sales, reached ARS 14,477 million, growing by 54, 1% in the year.
  • The net result for fiscal year 2021 showed a loss of ARS 22,537 million, mainly explained by a loss of ARS 13,946 million due to changes in the fair value of investment properties and the impact of the change in the rate, from 25% to 35%, in deferred income tax.
  • During fiscal year 2021 we sold approximately 29,700 sqm of premium offices for a total amount of USD 170.6 million and inaugurated “200 Della Paolera” building, the company’s new headquarters.
  • In financial matters, this year we canceled Series IV notes for a total amount of USD 140 million and distributed a cash dividend in the amount of ARS 9,700 million.

Financial Highlights
(In millions of Argentine Pesos)
FY 2021


Income Statement


06/30/2021


06/30/2020

Revenues from sales, leases and services

8,092

12,860

Consolidated Gross Profit

6,581

11,373

Consolidated (Loss) / Profit from Operations

(10,615)

46,230

Loss for the Period


(22,537)


27,266


Attributable to:

IRSA CP’s Shareholders

(21,933)

25,668

Non-Controlling interest

(604)

1,598

EPS (Basic)

(40.52)

47.43

EPS (Diluted)

(40.52)

47.43


Balance Sheet


06/30/2021


06/30/2020

Current Assets

22,652

22,417

Non-Current Assets

154,752

194,625

Total Assets


177,404


217,042

Current Liabilities

13,122

24,666

Non-Current Liabilities

86,269

78,863

Total Liabilities


99,391


103,529

Non-Controlling Interest

5,549

6,143

Shareholders’ Equity


78,013


113,513

IRSA Propiedades Comerciales cordially invites you to participate in the FY 2021 Results Conference Call on Friday, September 3, 2021, at 01:00 p.m. US EST, 02:00 p.m. BA.

To access the Webinar:

https://irsacorp.zoom.us/j/84830687731?pwd=REdKNGJTUnhubXk4VlpVUDdoMzFSUT09 
Webinar ID: 848 3068 7731
Password: 504549

In addition, you can participate communicating to this numbers:

Argentina: +54 112 040 0447 or +54 115 983 6950 or +54 341 512 2188 or +54 343 414 5986

Israel: +972 3 978 6688 or +972 55 330 1762

Brasil : +55 11 4700 9668 or +55 21 3958 7888 or +55 11 4632 2236 or +55 11 4632 2237 or +55 11 4680 6788

Estados Unidos de América: +1 312 626 6799 or +1 346 248 7799 or +1 646 558 8656 or +1 669 900 9128 or +1 253 215 8782 or +1 301 715 8592

Chile: +56 232 938 848 or +56 41 256 0288 or +56 22 573 9304 or +56 22 573 9305 or +56 23 210 9066

Investor Relations Department
+ 5411 4323-7449
[email protected]
https://www.irsacp.com.ar/home-inversores.php?lng=en 
Follow us on Twitter @irsacpir

 

Cision View original content:https://www.prnewswire.com/news-releases/irsa-propiedades-comerciales-sa-announces-its-results-for-the-fiscal-year-2021-ended-june-30-2021-301369743.html

SOURCE IRSA Propiedades Comerciales S.A.

STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics Announces Status of

Common Share Repurchase Program


Disclosure of Transactions in Own Shares – Period from


Aug


30


,


202


1


to


Sep


03


, 202


1

AMSTERDAM –
September
6
, 202
1 — STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021 and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Aug 30, 2021 to Sep 03, 2021 (the “Period”), of 129,000 ordinary shares (equal to 0.01% of its issued share capital) at the weighted average purchase price per share of EUR 37.9117 and for an overall price of EUR 4,890,610.60.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of transaction Number of share purchased Weighted average purchase price per share (EUR) Total amount paid (EUR) Market on which the shares were bought (MIC code)
30-Aug-21 24,000 37.7827 906,784.80 XPAR
31-Aug-21 34,000 37.9803 1,291,330.20 XPAR
1-Sep-21 36,000 37.9696 1,366,905.60 XPAR
3-Sep-21 35,000 37.8740 1,325,590.00 XPAR
Total for Period 129,000 37.9117 4,890,610.60  

Following the share buybacks detailed above, the Company holds in total 2,907,263 treasury shares, which represents approximately 0.3% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website (https://investors.st.com/buyback-program).

About STMicroelectronics

At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with more than 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.

For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
[email protected]

MEDIA RELATIONS:
Alexis Breton        
Corporate External Communications
Tel: + 33.6.59.16.79.08
[email protected]

Attachment



ASML reports transactions under its current share buyback program

ASML
reports
transactions under its
current
share buyback program

VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML’s current share buyback program.

Date Total
r
epurchased
shares
Weighted
average
price
Total
r
epurchased
value
30-Aug-21 54,977 710.56 39,064,380.15
31-Aug-21 54,993 710.32 39,062,787.24
1-Sep-21 54,915 711.34 39,062,978.00
2-Sep-21 54,374 718.20 39,051,178.43
3-Sep-21 54,211 720.56 39,062,532.95

ASML’s current share buyback program was announced on 21 July 2021, and details are available on our website at https://www.asml.com/en/news/share-buyback

This regular update of the transactions conducted under the buyback program is to be made public under the Market Abuse Regulation (Nr. 596/2014).

Media Relations Contacts Investor Relations Contacts
Monique Mols, phone +31 6 528 444 18 Skip Miller, phone +1 480 235 0934
  Marcel Kemp, phone +31 40 268 6494
  Peter Cheang, phone +886 3 659 6771



UMC Reports Sales for August 2021

UMC Reports Sales for August 2021

TAIPEI, Taiwan–(BUSINESS WIRE)–
United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of August 2021.

Revenues for August 2021

Period

2021

2020

Y/Y Change

Y/Y (%)

August

18,789,991

14,841,818

+3,948,173

+26.60%

Jan.-Aug.

135,160,866

116,990,748

+18,170,118

+15.53%

(*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages.

(**) All figures are consolidated

Additional information about UMC is available on the web at https://www.umc.com.

Michael Lin / David Wong

UMC, Investor Relations

Tel: + 886-2-2658-9168, ext. 16900

Email: [email protected]

[email protected]

KEYWORDS: United States Taiwan North America Asia Pacific California

INDUSTRY KEYWORDS: Semiconductor Electronic Design Automation Mobile/Wireless Technology Telecommunications

MEDIA:

Logo
Logo

U.S. FDA Placed a Clinical Hold on BMN 307 Phearless Phase 1/2 Gene Therapy Study in Adults with PKU Based on Interim Pre-clinical Study Findings

BioMarin Also Pausing Further Enrollment of Additional Participants Outside the U.S. in Phearless Phase 1/2 Study

BioMarin is Working with FDA and Other Health Authorities and Will Communicate Next Steps When Available

PR Newswire

SAN RAFAEL, Calif., Sept. 6, 2021 /PRNewswire/ — BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) announced today that the U.S Food and Drug Administration (FDA) placed a clinical hold on the BMN 307 Phearless Phase 1/2 study.  The Phearless study is evaluating BMN 307, an investigational AAV5-phenylalanine hydroxylase (PAH) gene therapy, in adults with phenylketonuria (PKU).  The FDA’s clinical hold was based on interim safety findings from a pre-clinical, non-GLP pharmacology study.  

The Company carried out this pre-clinical study to understand the durability of BMN 307 activity in mice bearing two germline mutations, which may predispose the mice to the development of malignancy.  One mutation eliminated the PAH gene that’s missing in PKU and the second rendered the animals immunodeficient. Of 63 animals treated, six of seven animals administered BMN 307 at the highest dose group (2e14 Vg/kg) had tumors on liver necropsy 52 weeks after dosing with evidence for integration of portions of AAV vector into the genome. No lesions were observed in any mice at 24 weeks.  Five of these animals had adenomas and one had a hepatocellular carcinoma (HCC). The translatability of these findings to humans is uncertain and under further investigation.

To date, the Company has only dosed humans in the Phearless Phase 1/2 clinical study with lower doses of either 2e13 vg/kg or 6e13 vg/kg.  Due in part to the risk previously identified by historical rodent studies, the liver health of Phearless study participants is regularly monitored.  The Company will work with the Data Review Board and Principal Investigators to further evaluate the study participants who have been dosed and will continue to monitor them over the long-term.  The clinical significance of these pre-clinical rodent findings has not been established and cancers due to AAV integration have not been observed in larger animals or humans.  BioMarin is pausing further enrollment into this global Phase 1/2 study until the investigation of these findings is completed. The company is working with the FDA and other health authorities and will communicate next steps for the program when available.

“More than 3,000 patients have been treated with gene therapy, and there are no reports of cancers emerging as a consequence.  Acknowledging the complexity of the issue as highlighted in this week’s FDA discussion, integrational mutagenesis and resultant cancer formation has been observed in mice using other AAV vectors,” said Hank Fuchs, M.D., President, Worldwide Research and Development at BioMarin.  “Therefore, we plan to investigate these findings.  For patients who have already received lower doses of these vectors, we will continue to carefully evaluate and monitor their health.  We are committed to understand and mitigate any risk of cancer causation.”

About Phenylketonuria

PKU, or phenylalanine hydroxylase (PAH) deficiency, is a genetic disorder affecting approximately 70,000 diagnosed patients in the regions of the world where BioMarin operates and is caused by a deficiency of the enzyme PAH. This enzyme is required for the metabolism of Phe, an essential amino acid found in most protein-containing foods. If the active enzyme is not present in sufficient quantities, Phe accumulates to abnormally high levels in the blood and becomes toxic to the brain, resulting in a variety of complications including severe intellectual disability, seizures, tremors, behavioral problems and psychiatric symptoms. As a result of newborn screening efforts implemented in the 1960s and early 1970s, virtually all individuals with PKU under the age of 40 in countries with newborn screening programs are diagnosed at birth and treatment is implemented soon after. PKU can be managed with a severe Phe-restricted diet, which is supplemented by low-protein modified foods and Phe-free medical foods; however, it is difficult for most patients to adhere to the life-long strict diet to the extent needed to achieve adequate control of blood Phe levels.  Dietary control of Phe in childhood can prevent major developmental neurological toxicities, but poor control of Phe in adolescence and adulthood is associated with a range of neurocognitive disabilities with significant functional impact.

To learn more about PKU and PAH deficiency, please visit www.PKU.com. Information on this website is not incorporated by reference into this press release.

About BioMarin

BioMarin is a global biotechnology company that develops and commercializes innovative therapies for patients with serious and life-threatening rare and ultra-rare genetic diseases. The company’s portfolio consists of seven commercialized products and multiple clinical and pre-clinical product candidates. For additional information, please visit www.biomarin.com. Information on such website is not incorporated by reference into this press release.

Forward-Looking Statement

This press release contains forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc. (BioMarin), including, without limitation, statements about: the Company pausing enrollment globally in the Phearless Phase 1/2 study, the impact of the pre-clinical findings on the 307 clinical program, the predictability of the pre-clinical findings on human patients, the development of BioMarin’s BMN 307 program generally, including the impact on the timing and process for regulatory interactions and decisions. These forward-looking statements are predictions and involve risks and uncertainties such that actual results may differ materially from these statements. These risks and uncertainties include, among others: the content and timing of decisions by the U.S. Food and Drug Administration, the European Commission and other regulatory authorities; uncertainties inherent in research and development, the outcome of ongoing review of clinical and pre-clinical data; the outcome of additional experiments related to the preclinical findings; the results and timing of current and future clinical trials related to BMN 307; and those factors detailed in BioMarin’s filings with the Securities and Exchange Commission (SEC), including, without limitation, the factors contained under the caption “Risk Factors” in BioMarin’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 as such factors may be updated by any subsequent reports. Stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. BioMarin is under no obligation, and expressly disclaims any obligation to update or alter any forward-looking statement, whether as a result of new information, future events or otherwise.

BioMarin® is a registered trademark of BioMarin Pharmaceutical Inc.

Contacts:

Investors 

Media


Traci McCarty 


Debra Charlesworth


BioMarin Pharmaceutical Inc. 


BioMarin Pharmaceutical Inc.


(415) 455-7558


(415) 455-7451

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/us-fda-placed-a-clinical-hold-on-bmn-307-phearless-phase-12-gene-therapy-study-in-adults-with-pku-based-on-interim-pre-clinical-study-findings-301369619.html

SOURCE BioMarin Pharmaceutical Inc.

Gentex Expands Cabin Monitoring Capabilities With the Acquisition of Guardian Optical Technologies

ZEELAND, Mich., Sept. 06, 2021 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX) today announced the acquisition of Guardian Optical Technologies, an Israeli startup that pioneered a unique, multi-modal sensor technology designed to provide a comprehensive suite of driver- and cabin-monitoring solutions for the automotive industry.

Gentex is a long-time supplier of electro-optical products for the global automotive, aerospace and fire protection industries. It’s best known for supplying nearly every major automaker with connected-car technologies and advanced electronic features that optimize driver vision and enhance driving safety.

The core of Guardian’s technology is an infrared-sensitive, high-resolution camera that combines machine vision, depth perception, and micro-vibration detection. This proprietary sensor configuration allows the system to not only monitor the driver, but also the entire vehicle cabin and all its objects and occupants, assessing their behavior, gestures, and activities.
The system continuously scans, tracks and determines the physical location of every vehicle occupant and object, even without a direct line of sight, by combining two-dimensional video image recognition with 3D depth mapping and optical motion analysis. It’s capable of detecting the slightest of movements, including heartbeats.

“Guardian utilizes artificial intelligence and computer vision algorithms to create comprehensive, in-cabin sensing functionality for today’s vehicles and the autonomous age,” said Gentex Chief Technology Officer Neil Boehm. “With a single sensor module, we can monitor driver alertness, fine-tune airbag deployment, track passenger behavior — even detect the presence of a child sleeping in a car seat in the rear of the vehicle.”

The Guardian acquisition further bolsters Gentex’s cabin monitoring expertise. For decades, the company has integrated displays, cameras, and various ADAS features into its smart rearview mirrors. Because the interior mirror area has an ideal view of the driver and the entire vehicle cabin, it’s a logical location for the integration of the in-cabin monitoring camera.

“A mirror-borne, in-cabin monitoring system would allow automakers to offer an attractively packaged, scalable, cross-car-line feature in a high-performance location that simplifies regulatory compliance,” explained Boehm. “We’re currently working on multiple proof-of-concept designs for mirror- and overhead-console-integrated driver monitoring solutions.”

In January, Gentex announced the acquisition of Vaporsens, a Utah-based startup that pioneered a new nanofiber sensing technology capable of detecting a wide variety of chemicals, including explosives, drugs, VOCs, toxic industrial chemicals, amines, and more. This digital olfaction technology could be used to monitor in-vehicle air quality in passenger vehicles, and expanded to identify explosives, biohazards and other pollutants for self-driving cars.

“Our goal is to provide automakers with holistic cabin monitoring solutions, from simple driver monitoring through complete cabin monitoring and machine olfaction,” continued Boehm. “We’re engineering a comprehensive and scalable platform based on robust sensor fusion techniques that will allow us to provide features for today’s vehicles, transitionary vehicles, and completely autonomous mobility solutions.”

Founded in 2015 and based in Tel Aviv, Israel, Guardian Optical Technologies is dedicated to enabling “passenger aware” cars with cutting-edge, optical sensor technology that makes vehicles safer and more convenient.

Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the company website at www.gentex.com.

Gentex Media Contact

Craig Piersma
(616) 772-1590 x4316
[email protected]

Gentex Investor Relations Contact

Josh O’Berski
(616) 772-1800 x5814
[email protected]

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/66fbf308-982c-4b62-941f-123dd8c4909f

https://www.globenewswire.com/NewsRoom/AttachmentNg/66a01cd6-c172-4ca6-b006-a097ce64ba32

https://www.globenewswire.com/NewsRoom/AttachmentNg/e2a3c06e-7b1f-486d-acfa-507085a2dc30



Gentex Targets Light Commercial Vehicles for Its Digital Rearview Mirrors; Supplies Vision & Sensing Features for Rinspeed CitySnap

ZEELAND, Mich., Sept. 06, 2021 (GLOBE NEWSWIRE) — The global Light Commercial Vehicle (LCV) market is experiencing significant growth, fueled in part by the rise in e-commerce, commercial and third-party logistics services, and the “last-mile” delivery market. Subsequently, automotive supplier Gentex Corporation anticipates increased demand for its digital vision solutions designed to address the unique rear visibility challenges inherent to LCVs and cargo vans.

LCVs provide drivers with little to no rearward vision. They often have windowless rear doors, partitions, or enclosed cabins that render traditional interior rearview mirrors ineffective. In addition, they’re often loaded with equipment and packages that further hinder rearward visibility. This forces drivers to rely solely on their exterior mirrors, which provide a limited field-of-view, making it difficult to safely perform reversing maneuvers or monitor pedestrians, cyclist, and potential obstructions.

To address these concerns, LCV manufacturers have begun turning to Gentex’s Full Display Mirror® (FDM®) an intelligent rear-vision system that uses a custom camera and mirror-integrated video display to optimize a vehicle’s rearward view. The system captures video from the rearward-facing camera and streams it to a unique, mirror-integrated LCD that provides the driver with an unobstructed, panoramic view behind the vehicle. This makes it easier to spot pedestrians, cyclists, and rearward-approaching traffic while also improving the driver’s ability to safely change lanes, reverse, park, turn, and dock the vehicle.

Fleet operators also appreciate the FDM because it helps reduce accident and repair costs, increases vehicle uptime, and potentially lowers insurance premiums.

“Our FDM, which is already available on numerous passenger vehicles around the world, is now gaining popularity with LCV manufacturers,” said Gentex Chief Technology Officer Neil Boehm. “We’re currently shipping for one LCV platform; however, we expect to launch several more programs over the next 12 months. The feature is unique in that it benefits the manufacturer, fleet operator and driver alike.”

The Future of the LCV

To highlight the future of the LCV market, Gentex recently teamed with automotive think tank and car design powerhouse Rinspeed, which for nearly 40 years has turned out designs intended to inspire the transportation industry and promote future mobility systems.

Rinspeed’s latest design is called CitySnap, a proof-of-concept delivery vehicle designed to highlight innovative, sustainable, and efficient urban delivery. Central to the concept are mobile locker units that are transported, delivered and “hot swapped” to parcel stations throughout a city.

Because autonomous driving has not yet been realized, CitySnap has been initially designed for a human driver. To assist the driver in the safe and efficient delivery and pickup of the locker units, Gentex not only equipped CitySnap with an FDM, but also a custom camera system that helps the driver align the vehicle at the docking station. The camera video is fed to an interior display with corresponding overlays, which the driver can monitor to perfectly align the vehicle.

As mentioned, CitySnap’s mobile locker stations are transported, delivered and “hot swapped” to mobile parcel stations throughout a city, delivering everything from parcels and packages to food items and construction supplies. To help monitor the mobile lockers and prevent the potential transport of dangerous substances, Gentex equipped the lockers with its Vaporsens chemical detection units, which utilize machine olfaction – a digital sense of smell.

The core of the Gentex Vaporsens sensor technology is a net of nanofibers approximately one thousand times smaller in size than human hair. Their porous structure allows them to absorb targeted molecules from sampled gas and identify them via changes in their electrical resistance. The technology allows for the rapid detection of target chemicals with high sensitivity in the parts per billion range.

These locker-integrated units continuously sample the air within the ventilated locker stations to detect a wide range of airborne contaminants, including smoke, explosives or incendiary components, biohazards, spoiled food, pollutants, and other hazardous substances.

CitySnap will debut at the IAA Mobility show in Munich, which runs September 7-12, 2021.

Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the company website at www.gentex.com.

Rinspeed Media Materials: https://www.rinspeed.com/en/CitySnap_54_concept-car.html

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/7020f6de-4690-47da-87a0-e765256def90

https://www.globenewswire.com/NewsRoom/AttachmentNg/5e6f8b8c-b75b-49c2-946f-2c8fd2847852

https://www.globenewswire.com/NewsRoom/AttachmentNg/d7572454-6fc4-4427-9e32-20448a191e64

   
Gentex Media Contact

Craig Piersma
(616) 772-1590 x4316
[email protected]
Gentex Investor Relations Contact

Josh O’Berski
(616) 772-1800 x5814
[email protected]
   



HUTCHMED Announces Selection of Its Shares in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Programs

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., Sept. 06, 2021 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM: HCM; HKEX: 13) today announces that the Company’s ordinary shares, which trade on The Stock Exchange of Hong Kong Limited (“HKEX”), are included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective on September 6, 2021, according to announcements issued by the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

The Stock Connect programs allow international and Mainland Chinese investors to trade securities in each other’s markets through the trading and clearing facilities of HKEX, Shanghai and Shenzhen Stock Exchanges. Qualified Mainland Chinese investors can access eligible Hong Kong shares (Southbound), while Hong Kong and overseas investors can trade eligible A shares (Northbound), subject to specified daily quotas.

Christian Hogg, CEO of HUTCHMED commented: “We are pleased to be included in the Stock Connect programs and that qualified Mainland Chinese investors will now have direct access to our shares through the Shanghai and Shenzhen Stock Exchanges.”

Hang Seng Indexes Company Limited announced on August 20, 2021, that HUTCHMED would be included as a constituent of several indexes including the Hang Seng Composite Index from September 6, 2021. Inclusion in the Hang Seng Composite Index is a key requirement for the Stock Connect scheme.

About HUTCHMED

HUTCHMED (Nasdaq/AIM: HCM; HKEX: 13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery, global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. A dedicated organization of over 1,400 personnel has advanced eleven cancer drug candidates from in-house discovery into clinical studies around the world, with its first three oncology drugs now approved. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.


Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED’s current expectations regarding future events, including its inclusion as a constituent stock of the Hang Seng Composite Index and its ability to meet the eligibility criteria for trading via the southbound trading link of Stock Connect. Forward-looking statements involve risks and uncertainties. Such risks and uncertainties include, among other things, assumptions regarding HUTCHMED’s financial condition and results of operations, general economic, regulatory and political conditions and the impact of COVID-19 on any of the foregoing. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further discussion of these and other risks, see HUTCHMED’s filings with the U.S. Securities and Exchange Commission, on AIM and with HKEX. HUTCHMED undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

CONTACTS

Investor Enquiries  
Mark Lee, Senior Vice President +852 2121 8200
Annie Cheng, Vice President +1 (973) 567 3786
   
Media Enquiries  
Americas – Brad Miles,
Solebury Trout
+1 (917) 570 7340 (Mobile)
[email protected]
Europe – Ben Atwell / Alex Shaw,
FTI Consulting
+44 20 3727 1030 / +44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile)
[email protected]
Asia – Zhou Yi,
Brunswick
+852 9783 6894 (Mobile)
[email protected]
   
Nominated Advisor  
Atholl Tweedie / Freddy Crossley, Panmure Gordon (UK) Limited +44 (20) 7886 2500



New Study Investigates the Ability of Masimo ORi™ to Provide Early Warning of Hypoxemia During Endotracheal Intubation in ICU Patients

New Study Investigates the Ability of Masimo ORi™ to Provide Early Warning of Hypoxemia During Endotracheal Intubation in ICU Patients

Researchers Found That Use of ORi May Facilitate “Preventive Action” Against Hypoxemia

NEUCHATEL, Switzerland–(BUSINESS WIRE)–Masimo (NASDAQ: MASI) announced today the findings of a prospective, blinded observational study published in Annals of Intensive Care in which Dr. Jean-Baptiste Lascarrou and colleagues at the Centre Hospitalier Universitaire in Nantes, France evaluated the ability of Masimo ORi™ to predict mild hypoxemia during endotracheal intubation (ETI) in ICU patients.1 They concluded that the time between decrease in ORi and subsequent decrease in oxygen saturation (SpO2) “may allow preventive action,” and that a higher ORi value during preoxygenation was “independently protective against hypoxemia.”

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210905005031/en/

Masimo Root® with ORi™ (Photo: Business Wire)

Masimo Root® with ORi™ (Photo: Business Wire)

ORi, available outside the U.S., is a noninvasive and continuous trending index that extends oxygen monitoring on patients on supplemental oxygen. Enabled by the multi-wavelength rainbow® Pulse CO-Oximetry platform, ORi is provided alongside oxygen saturation (SpO2) measured by clinically proven Masimo SET® pulse oximetry.

Noting the importance of optimizing preoxygenation in patients needing ETI, the researchers sought to evaluate whether ORi could provide early warning of impending hypoxemia during the procedure, because ORi “supplies information beyond the range explored by SpO2.” Of the 51 patients who met the inclusion criteria, ORi (alongside SpO2) was monitored using Masimo Radical-7® Pulse CO-Oximeters® and rainbow® fingertip sensors when preoxygenation began. Values were recorded every two seconds, and attending clinicians were not aware of these values. The primary endpoint measured was the time between ORi decreasing below 0.4 and the onset of mild hypoxemia (defined as SpO2 < 97%). Secondarily, the investigators evaluated whether a decline in ORi during preoxygenation predicted the occurrence of mild hypoxemia during ETI.

Analyzing areas under the ROC curve, the researchers found that ORi during preoxygenation predicted SpO2 < 97% during intubation (0.73; 95% confidence interval of 0.58 – 0.88). By contrast, SpO2 at the end of preoxygenation was “poorly predictive” (0.54; 95% CI 0.40 – 0.67). Using univariate analysis, they found that a higher ORi value during preoxygenation was associated with a less frequent occurrence of SpO2 < 97% (odds ratio of 0.09; 95% CI 0.01 – 0.69, p = 0.0199) and that “the highest ORi value during preoxygenation remained significantly associated with a lower risk of SpO2 < 97% during ETI, after adjustment for ETI duration and BMI (odds ratio of 0.76; 95% CI 0.61 – 0.95, p = 0.0141).”

The researchers concluded, “The median time between the ORi decrease below 0.4 and the SpO2 decrease below 97% during the apneic period was 81 seconds [34–146]. A higher ORi during preoxygenation was independently associated with a lower risk of mild hypoxemia (SpO2 < 97%).”

The researchers noted that the median 81 seconds of forewarning “may allow immediate intubation, early face-mask ventilation, insertion of a supraglottic device, or a call for help in the event of intubation difficulties.” In addition, they noted that “ORi monitoring can help identify patients who do not increase their oxygen reserve despite preoxygenation and are therefore at [increased] risk of desaturation during ETI. These patients may benefit from a longer preoxygenation period and/or a change in device.” The authors further noted that “an ORi decline might lead to the detection of a fault in the preoxygenation technique such as an insufficient oxygen flow rate or major leaks.”

As a study limitation, the authors noted that their findings cannot be generalized to ICU patients who did not meet the inclusion criteria, as those patient cohorts remain to be evaluated. The inclusion criteria for this study were ICU admission with a need for ETI and an SpO2/FiO2 ratio above 214. The SpO2/FiO2 ratio was measured during noninvasive ventilation or high-flow oxygen therapy; for conventional oxygen therapy, the fraction of inspired oxygen (FiO2) was calculated as FiO2 = 0.21 + O2 [rate in L/min] x 0.03.

ORi has not received FDA 510(k) clearance and is not available for sale in the United States.

@Masimo | #Masimo

About Masimo

Masimo (NASDAQ: MASI) is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, patient monitors, and automation and connectivity solutions. Our mission is to improve patient outcomes, reduce the cost of care, and take noninvasive monitoring to new sites and applications. Masimo SET® Measure-through Motion and Low Perfusion™ pulse oximetry, introduced in 1995, has been shown in over 100 independent and objective studies to outperform other pulse oximetry technologies.2 Masimo SET® has also been shown to help clinicians reduce severe retinopathy of prematurity in neonates,3 improve CCHD screening in newborns,4 and, when used for continuous monitoring with Masimo Patient SafetyNet™ in post-surgical wards, reduce rapid response team activations, ICU transfers, and costs.5-8 Masimo SET® is estimated to be used on more than 200 million patients in leading hospitals and other healthcare settings around the world,9 and is the primary pulse oximetry at 9 of the top 10 hospitals as ranked in the 2021-22 U.S. News and World Report Best Hospitals Honor Roll.10 Masimo continues to refine SET® and in 2018, announced that SpO2 accuracy on RD SET® sensors during conditions of motion has been significantly improved, providing clinicians with even greater confidence that the SpO2 values they rely on accurately reflect a patient’s physiological status. In 2005, Masimo introduced rainbow® Pulse CO-Oximetry technology, allowing noninvasive and continuous monitoring of blood constituents that previously could only be measured invasively, including total hemoglobin (SpHb®), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), Pleth Variability Index (PVi®), RPVi™ (rainbow® PVi), and Oxygen Reserve Index (ORi™). In 2013, Masimo introduced the Root® Patient Monitoring and Connectivity Platform, built from the ground up to be as flexible and expandable as possible to facilitate the addition of other Masimo and third-party monitoring technologies; key Masimo additions include Next Generation SedLine® Brain Function Monitoring, O3® Regional Oximetry, and ISA™ Capnography with NomoLine® sampling lines. Masimo’s family of continuous and spot-check monitoring Pulse CO-Oximeters® includes devices designed for use in a variety of clinical and non-clinical scenarios, including tetherless, wearable technology, such as Radius-7® and Radius PPG™, portable devices like Rad-67®, fingertip pulse oximeters like MightySat® Rx, and devices available for use both in the hospital and at home, such as Rad-97®. Masimo hospital automation and connectivity solutions are centered around the Masimo Hospital Automation™ platform, and include Iris® Gateway, iSirona™, Patient SafetyNet, Replica™, Halo ION™, UniView®, UniView :60™, and Masimo SafetyNet™. Additional information about Masimo and its products may be found at www.masimo.com. Published clinical studies on Masimo products can be found at www.masimo.com/evidence/featured-studies/feature/.

ORi and RPVi have not received FDA 510(k) clearance and are not available for sale in the United States. The use of the trademark Patient SafetyNet is under license from University HealthSystem Consortium.

References

  1. Hille H, Le Thuaut A, Canet E, Lemarie J, Crosby L, Ottavy G, Garret C, Martin M, Seguin A, Lamouche-Wilquin P Morin J, Zambon O, Miaihle AF, Reignier J, Lascarrou JB. Oxygen reserve index for noninvasive early hypoxemia detection during endotracheal intubation in intensive care: the prospective observational NESOI study. Ann. Intensive Care. 2021 11:112. DOI: 10.1186/s13613-021-00903-8.
  2. Published clinical studies on pulse oximetry and the benefits of Masimo SET® can be found on our website at http://www.masimo.com. Comparative studies include independent and objective studies which are comprised of abstracts presented at scientific meetings and peer-reviewed journal articles.
  3. Castillo A et al. Prevention of Retinopathy of Prematurity in Preterm Infants through Changes in Clinical Practice and SpO2 Technology. Acta Paediatr. 2011 Feb;100(2):188-92.
  4. de-Wahl Granelli A et al. Impact of pulse oximetry screening on the detection of duct dependent congenital heart disease: a Swedish prospective screening study in 39,821 newborns. BMJ. 2009;Jan 8;338.
  5. Taenzer A et al. Impact of pulse oximetry surveillance on rescue events and intensive care unit transfers: a before-and-after concurrence study. Anesthesiology. 2010:112(2):282-287.
  6. Taenzer A et al. Postoperative Monitoring – The Dartmouth Experience. Anesthesia Patient Safety Foundation Newsletter. Spring-Summer 2012.
  7. McGrath S et al. Surveillance Monitoring Management for General Care Units: Strategy, Design, and Implementation. The Joint Commission Journal on Quality and Patient Safety. 2016 Jul;42(7):293-302.
  8. McGrath S et al. Inpatient Respiratory Arrest Associated With Sedative and Analgesic Medications: Impact of Continuous Monitoring on Patient Mortality and Severe Morbidity. J Patient Saf. 2020 14 Mar. DOI: 10.1097/PTS.0000000000000696.
  9. Estimate: Masimo data on file.
  10. http://health.usnews.com/health-care/best-hospitals/articles/best-hospitals-honor-roll-and-overview.

Forward-Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the potential effectiveness of Masimo ORi™. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to: risks related to our assumptions regarding the repeatability of clinical results; risks that findings in the new study on Masimo ORi’s ability to predict hypoxemia during ETI cannot be generalized; risks that researchers’ conclusion on the practical applications of Masimo ORi’s forewarning ability may not be accurate; risks related to our belief that Masimo’s unique noninvasive measurement technologies, including Masimo ORi, contribute to positive clinical outcomes and patient safety; risks related to our belief that Masimo noninvasive medical breakthroughs provide cost-effective solutions and unique advantages; risks related to COVID-19; as well as other factors discussed in the “Risk Factors” section of our most recent reports filed with the Securities and Exchange Commission (“SEC”), which may be obtained for free at the SEC’s website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today’s date. We do not undertake any obligation to update, amend or clarify these statements or the “Risk Factors” contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.

Media Contact:

Masimo

Evan Lamb

949-396-3376

[email protected]

KEYWORDS: Switzerland Europe

INDUSTRY KEYWORDS: Science Health Research Medical Devices

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Masimo Root® with ORi™ (Photo: Business Wire)