OneConnect Impresses at World Artificial Intelligence Conference 2021 in Shanghai

The company showcased its comprehensive, customer-centric fintech solutions aimed at empowering the financial industry through technology.

PR Newswire

SHANGHAI, July 9, 2021 /PRNewswire/ — Leading technology-as-a-service platform provider OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) (“OneConnect” or “the Company”), an associate company of Ping An Group, recently displayed a lineup of impressive fintech solutions at the World Artificial Intelligence Conference 2021 (WAIC 2021) held in Shanghai from July 8-10, 2021, drawing much interest from attendees.

Exhibitors at the event – themed “Intelligent Connectivity, Inspirational Cities” – included several of China’s most well-known companies but one ofthe key attractions was OneConnect’s Smart Government & Enterprise Platform. The solution enables governments to combine services for matters of state, large manufacturers, financial institutions and small and medium-sized enterprises (SMEs) through one digital platform, providing a venue for SMEs to accurately and efficiently locate resources for their financing needs.

OneConnect Chairman of the Board of Directors and CEO Ye Wangchun said, “With the rapid development of technology today, OneConnect will continue to provide a valuable, customer-centric service experience while playing a key role in the industry’s digital transformation. We believe that the essence to creating more palatable financial technologies that support and enhance human potential, social connectedness, dignity, and self-reliance is to empower the financial industry through technology. We aim to promote digital transformation, support the real economy, facilitate rural revitalization, and create social value.”

In addition, what most impressed visitors to the conference was OneConnect’s ability to provide comprehensive digital solutions allowing the widely diversified needs of financial institutions to be met. Through the integration of multiple products, OneConnect has created 16 product lines across banking, insurance and investment verticals covering both software-as-a-service(SaaS) and infrastructure-as-a-service (IaaS) scenarios, providing financial institutions with full-process and end-to-end technology enablement.

OneConnect’s banking module, intelligent risk management platform, corporate and banking digital transformation service, and intelligent double-entry bookkeeping solution all leverage leading technologies and deep insights into business to provide full-process corporate financial digital solutions and full-scenario AI empowerment, greatly enhancing the quality and efficiency of financial services.

The Company’s intelligent auto insurance claims platform provides insurance companies with a “Software + Services” end-to-end solution, covering the entire process from reporting of the accident, rescue, vehicle damage and human injury assessment, to supply of parts and settlement of claims. Through a large, shared service center, the platform provides resource support including rescue, inspection of the damaged vehicle and maintenance, as well as enhanced management of claims services.

OneConnect’s smart subscription and audit solutions fully demonstrate the advantages of AI collaboration in improving management efficiency in the investment sector. The smart subscription solution relies on multiple types of intelligent tools to automate 90% and standardize 100% of the process, significantly reducing operation and maintenance costs and lowering operational risks while enhancing management effectiveness. The smart audit solution is the industry’s first of its kind to deploy AI.

The Company’s Gamma smart voice platform featuresintelligent solutions for voice navigation, online customer service, video robot, outbound calling, customer service assistance and quality inspection, among other smart customer service solutions, coupled with a voice robot that genuinely delivers business results.

WAIC 2021 focused on the artificial intelligence-enabled digital transformation of cities. The event discussed the path of innovation in AI and its resultant industrial applications with the aim of conveying the concept and value of urban digital transformation and reaching a global consensus on relevant governance and norms.

The financial technology (fintech) industry serves as a good example. With the growing maturity of key technologies such as cloud computing, big data, blockchain and AI alongside the transition from the internet and mobile web eras into the era of AI, integration of finance and technology has finally been achieved, laying a solid foundation for the next stage of digital development.

During the first quarter of 2021, OneConnect announced its SaaS product lineup upgrade plan, with a focus on the “big picture,” including platform and ecosystem, while adhering to the dual empowerment of “technology + business.” Having established a unique business model, the Company has also been fulfilling its corporate social responsibilities, creating value for society through technology during this period of accelerated evolution of digital finance.

Publicly available data reveal that since its inception, OneConnect has invested more than 3.4 billion yuan in technology R&D. The Company has now established its leadership in the fintech industry in terms of AI, big data and blockchain, with a series of industry-leading intelligent technology products in which it solely holds the intellectual property rights. OneConnect is also expanding rapidly into overseas markets by setting up subsidiaries in Singapore, Hong Kong, Indonesia, Malaysia and the Philippines, embarking on a new journey of global expansion.

About OneConnect Financial Technology

OneConnect Financial Technology is a leading technology-as-a-service platform for financial institutions. The Company’s platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. The Company’s solutions provide technology applications and technology-enabled business services to financial institutions. Together they enable the Company’s customers’ digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs.

The Company’s technology solutions strategically cover multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses — from sales and marketing and risk management to customer services, as well as technology infrastructures such as data management, program development, and cloud services.

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SOURCE OneConnect

Freedom Boat Club Announces Acquisition of Fanautic Club; Adding 23 Locations Across Spain to Accelerate European Expansion

VENICE, Fla., July 09, 2021 (GLOBE NEWSWIRE) — Freedom Boat Club, the world’s largest boat club operator and a division of Brunswick Corporation (NYSE: BC), today announced the acquisition of Fanautic Club, one of the largest European boat clubs with 23 locations in major coastal cities and tourist centers across Spain. This acquisition accelerates Freedom’s growth in Europe and marks the third European country to be a home to Freedom Boat Club locations, following France and the United Kingdom.

“Spain is one of the great boating destinations in Europe and we are thrilled for the opportunity to serve the members of Fanautic Club and continue our growth across coastal Spain,” said Jason Worthy, Vice President of Boating Services, EMEA. ​ “Expanding our presence across tier one European markets is consistent with the aggressive shared-access growth plans that our leadership team outlined during Brunswick’s recent Investor Day presentation.”

Of the 23 locations, six will be owned and operated as corporate locations and 17 will continue to be franchisee owned and operated.

Fanautic Club currently serves more than 600 members and continues to grow in popularity as more consumers are introduced to the on-water lifestyle through the convenient shared-access boating model.

“There are many synergies between Fanautic Club and Freedom Boat Club,” said Diego Orallo, Co-Founder of Fanautic. “Freedom is the most established boat club brand in the world, and we look forward to welcoming them to Spain and supporting their continued success.”

The acquisition of Fanautic marks the fourth acquisition made by the Freedom Boat Club Corporate Team in just over a year, following the purchase of the New York territory in early April, the Chicago territory in early March and the Charleston, South Carolina territory in the Spring 2020.

About Freedom Boat Club

Founded in 1989, Freedom Boat Club is the largest boat club operator and a premier marine franchisor in the US and internationally.  FBC and its franchisees service over 40,000 memberships at 289 locations across 33 states, Canada, and Europe. For more information, visit www.freedomboatclub.com.

About Brunswick

Headquartered in Mettawa, Ill., Brunswick Corporation’s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and SmartCraft electronics; Advanced Systems Group, which includes industry-leading brands like MotorGuide, Attwood, Mastervolt, Blue Sea Systems, CZone, and ASG Connect system integrators; Land ’N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club and Boat Class.  For more information, visit brunswick.com.



Lee Gordon
Vice President – Brunswick Global Communications & Public Relations
Brunswick Office: 847-735-4003
Mercury Office: 920-924-1808
Cell: 904-860-8848
[email protected]

ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*

PR Newswire

TAIPEI, Taiwan, R.O.C., July 9, 2021 /PRNewswire/ — ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, “ASEH” or the “Company”), announces its unaudited consolidated net revenues for June and 2nd quarter of 2021.


CONSOLIDATED NET REVENUES (UNAUDITED)

Jun

May

Jun

Sequential

YoY

(NT$ Million)

2021

2021

2020

Change

Change

Net Revenues

43,326

42,267

36,458

+2.5%

+18.8%

Jun

May

Jun

Sequential

YoY

(US$ Million)

2021

2021

2020

Change

Change

Net Revenues

1,565

1,512

1,224

+3.5%

+27.9%

 

Q2

 

Q1

 

Q2

 

Sequential

 

YoY

(NT$ Million)

2021

2021

2020

Change

Change

Net Revenues

126,926

119,470

107,549

+6.2%

+18.0%

Q2

Q1

Q2

Sequential

YoY

(US$ Million)

2021

2021

2020

Change

Change

Net Revenues

4,530

4,222

3,593

+7.3%

+26.1%

Net revenues for ATM assembly, testing and material business are as follows:


ATM NET REVENUES (UNAUDITED)

Jun

May

Jun

Sequential

YoY

(NT$ Million)

2021

2021

2020

Change

Change

Net Revenues

26,954

26,524

23,447

+1.6%

+15.0%

Jun

May

Jun

Sequential

YoY

(US$ Million)

2021

2021

2020

Change

Change

Net Revenues

974

949

787

+2.7%

+23.7%

 

Q2

 

Q1

 

Q2

 

Sequential

 

YoY

(NT$ Million)

2021

2021

2020

Change

Change

Net Revenues

78,988

73,767

69,516

+7.1%

+13.6%

Q2

Q1

Q2

Sequential

YoY

(US$ Million)

2021

2021

2020

Change

Change

Net Revenues

2,819

2,607

2,322

+8.1%

+21.4%

*This press release is intended to comply with Taiwan regulatory requirements.

Safe Harbor Notice:

This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2020 Annual Report on Form 20-F filed on April 6, 2021.

Investor Relations Contact:

 

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SOURCE ASE Technology Holding Co., Ltd.

Mola TV Streams UEFA Euro 2020 in UHD HDR with Harmonic VOS360 Cloud SaaS

PR Newswire

SAN JOSE, Calif., July 9, 2021 /PRNewswire/ — Harmonic (NASDAQ: HLIT) today announced that Mola TV, one of the fastest growing entertainment networks in Indonesia, is using Harmonic’s VOS®360 cloud streaming SaaS for the first-ever live UHD HDR streaming of UEFA Euro 2020 football matches in Indonesia. Harmonic’s VOS360 platform ensures the highest level of service reliability and real-time scaling for Mola TV’s streaming service, simplifying the live streaming workflow from source to screen.

“We are enormously proud that, for the first time, our viewers can watch live, high-profile sports events in UHD HDR,” said CP Lee, CTO at Mola TV. “Mola TV has always relied on Harmonic cloud streaming solutions for its sports streaming services. As we bring more high-profile sports events such as the UEFA and EPL, Harmonic’s VOS360 SaaS will be instrumental in ensuring the best possible streaming experience for our subscribers.”

Harmonic’s VOS360 SaaS simplifies all stages of the media processing and delivery chain while EyeQ™ AI-based encoding technology on the VOS360 platform improves the streaming quality for Mola TV’s service. Supported by a DevOps team providing 24/7 monitoring and assistance, the Harmonic cloud-based platform provides high availability and reliability that is a must for live sports streaming.

“UHD HDR is a game changer in the live sports streaming environment, where video quality can easily determine the success of a service,” said Tony Berthaud, vice president of sales and video services, APAC, at Harmonic. “Harmonic’s VOS360 platform ensures Mola TV can securely deliver crystal-clear UHD HDR video to a large variety of devices. This assurance is crucial for operators streaming high-demand events like the UEFA Euro Championship.”

Further information about Harmonic and the company’s solutions is available at www.harmonicinc.com.

About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized cable access and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized cable access networking via the industry’s first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers’ homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic’s business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the
risks and uncertainties
more fully described in Harmonic’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2020, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.

Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.

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SOURCE Harmonic Inc.

Philip Morris International Inc. Announces Firm Offer to Acquire Vectura Group plc; Acquisition Accelerates PMI’s Beyond Nicotine Strategy and Expands its Product Pipeline Development Capabilities in Inhaled Therapeutics

Philip Morris International Inc. Announces Firm Offer to Acquire Vectura Group plc; Acquisition Accelerates PMI’s Beyond Nicotine Strategy and Expands its Product Pipeline Development Capabilities in Inhaled Therapeutics

NEW YORK–(BUSINESS WIRE)–
Philip Morris International Inc. (PMI) (NYSE: PM) announced today it has agreed with the board of Vectura Group plc (Vectura) (LSE: VEC) on the terms of an all-cash, recommended offer to acquire Vectura for an enterprise value of GBP 852 million1 (approximately USD 1.2 billion2). Under the terms of the acquisition, Vectura shareholders would be entitled to receive 150 pence per share, a 46% premium to the ex-dividend closing price per Vectura share of 103 pence on May 25, 20213.

“PMI’s Beyond Nicotine strategy, announced in February, articulates a clear ambition to leverage our expertise in inhalation and aerosolization into adjacent areas—including respiratory drug delivery and selfcare wellness—with a goal to reach at least USD 1 billion in net revenues by 2025,” said Jacek Olczak, Chief Executive Officer. “The acquisition of Vectura, following the recently announced agreement to acquire Fertin Pharma, will position us to accelerate this journey by expanding our capabilities in innovative inhaled and oral product formulations in order to deliver long-term growth and returns.”

“The market for inhaled therapeutics is large and growing rapidly, with significant potential for expansion into new application areas. PMI has the commitment to science and the financial resources to empower Vectura’s skilled team to execute on an ambitious long-term vision. Together, PMI and Vectura can lead this global category, bringing benefits to patients, to consumers, to public health, and to society-at-large.”

Vectura is a provider of innovative inhaled drug delivery solutions that enable partners to bring their medicines to patients. The company has thirteen key inhaled and eleven non inhaled products marketed by major global pharmaceutical partners, as well as a diverse portfolio of partnerships for drugs in clinical development. In 2020, Vectura generated net revenues of GBP 191 million (approximately USD 245 million4). The transaction value represents a multiple of around 14 times Vectura’s 2020 EBITDA.

With the acquisition of Vectura, PMI will:

  • Gain access to differentiated proprietary technology and pharmaceutical development expertise to deliver a broad range of complex inhaled therapies.
  • Add highly complementary human capital, technology, high quality infrastructure, and deep know-how of inhalable formulation and device design development and analysis, drug/device combination, and pharmaceutical management processes and systems. The combination will fully leverage PMI’s existing capabilities in life sciences, product innovation, and clinical expertise.
  • Welcome an experienced management team—supported by more than 200 scientists in formulation, devices, inhalation, regulatory teams, and clinical manufacturing—that will help PMI accelerate the development of its healthcare and wellness operations.
  • Together with the announced agreement to acquire Fertin Pharma, have a comprehensive portfolio of development capabilities in place—covering innovative inhaled and oral product formulations—to fulfill its “Beyond Nicotine” ambitions, in line with its key sustainability priorities.

PMI believes that, together, the companies can create a fully-owned pipeline of products across a broad range of sectors in the prescription drug and over-the-counter (OTC) categories that will complement Vectura’s CDMO business and service to its existing client base. PMI further believes that its “Beyond Nicotine” aerosolization technologies and development pipeline will provide additional predictability, stability, and security for Vectura’s future.

In February of this year, PMI announced its goal to generate more than 50 percent of total net revenue from smoke-free products by 2025. PMI also announced its aim to generate at least USD 1 billion in net revenues by 2025 from “Beyond Nicotine” products.

“We are thrilled by today’s announcement and the prospect that Vectura will be joining the PMI family as an autonomous business unit, forming the backbone of our ‘Beyond Nicotine’ inhaled therapeutic business,” said Jorge Insuasty, Chief Life Sciences Officer. “The proposed acquisition will significantly accelerate our development efforts. With the addition of Vectura’s expertise in the inhaled therapeutics space, PMI and Vectura will have the opportunity to undertake together the development and eventual commercialization of innovative inhalable drug/device combinations.”

PMI sees Vectura’s management team presence and continuity as a critical component of the value of the company and PMI’s long term ambitious strategic goals.

PMI will fund the transaction with existing cash and expects it to close in the second half of 2021, subject to a shareholder vote and approval by the appropriate regulatory authorities. PMI expects the impact of the acquisition on its full-year 2021 adjusted diluted EPS to be immaterial.

A copy of the Rule 2.7 offer announcement will be made available on www.pmi.com.

Note:

– Inhaled therapeutics: a sub-area of respiratory drug delivery that refers to treatments that are breathed in orally, which can provide a faster bioavailability / delivery of care, faster onset of effect and/or superior safety profile compared to standard of care.

– Selfcare wellness: includes botanical and other products, supplements, and over-the-counter solutions that enable consumers to take care of their physical, mental, and emotional well-being.


1 Enterprise value calculated as per Appendix II of the Rule 2.7 offer announcement

2 Based on prevailing exchange rate

3 The last business day prior to the announcement of the offer from Carlyle

4 Based on average 2020 exchange rate

Forward-Looking and Cautionary Statements

Statements in this press release that are not strictly historical, including statements regarding the proposed acquisition of Vectura, the expected timetable for completing the transaction, future financial and operating results, benefits and synergies of the transaction, future opportunities for the combined businesses and any other statements regarding events or developments that we believe or anticipate will or may occur in the future, may be “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties.

There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include risks and uncertainties related to, among other things: (1) the inability to consummate the acquisition in a timely manner; (2) the inability to complete the acquisition due to the failure to obtain Vectura stockholder approval of PMI’s offer or the failure to satisfy other conditions to complete the acquisition, including any required regulatory approvals; (3) the failure of the acquisition to close for any other reason; (4) the possibility that the integration of Vectura and its operations with those of PMI may be more difficult and/or take longer than anticipated, and may not accelerate PMI’s desired entry into additional smoke-free and beyond nicotine platforms as quickly as anticipated; (5) the possibility that Vectura’s integration into PMI may be more costly than anticipated and may have unanticipated adverse results relating to Vectura or PMI’s existing businesses; (6) the inability to gain access to differentiated proprietary technology and pharmaceutical development expertise as anticipated by the acquisition of Vectura; (7) the effect of the announcement of PMI’s offer to acquire Vectura on PMI’s, Vectura’s or the combined company’s respective business relationships, operating results and business generally; (8) risks associated with third-party contracts containing consent and/or other provisions that may be triggered by the proposed acquisition; (9) negative effects of the announcement or the consummation of the acquisition on the market price of PMI’s common stock; (10) the ability of PMI to retain and hire key personnel of Vectura; and (11) other factors that may affect future results of the combined company described in the section entitled “Risk Factors” in PMI’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, PMI’s Form 10-Q for the quarter ended March 31, 2021, and other filings of PMI with the Securities and Exchange Commission. The forward-looking statements made herein speak only as of the date hereof and PMI does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, future events and developments or otherwise, except as required by law.

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 its 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, PMI ships versions of its IQOS Platform 1 device and consumables to Altria Group, Inc. for sale under license in the U.S., where these products 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 and nicotine-containing vapor products. As of March 31, 2021, PMI’s smoke-free products are available for sale in 66 markets in key cities or nationwide, and PMI estimates that approximately 14.0 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.

Philip Morris International

Investor Relations:

New York: +1 (917) 663 2233

Lausanne: +41 (0)58 242 4666

Email: [email protected]

Media:

Lausanne: +41 (0)79 843 8603

Email: [email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Tobacco Retail Health Medical Devices

MEDIA:

CGG: CGG Provides Q2 & Full Year 2021 Financial Update

CGG Provides Q2 & Full Year 2021 Financial Update

Paris, France – July 9, 2021

Second quarter 2021 segment revenue update

CGG anticipates Q2 2021 segment revenue at around $158 million.

  • Geoscience segment revenue is expected to be around $73 million,
  • Multi-Client segment sales are expected to be around $37 million, as sales slipped into H2 2021 despite commercial interest from the clients,
  • Equipment segment sales are expected to be around $48 million.

Group segment backlog

Group segment backlog as of July 1, 2021 stands at $360 million up 4% compared to $348 million last year.

Full year 2021 revised financial objectives

In the context of strong oil price but delays in spending by our clients, CGG is expecting in 2021 a gradual recovery in Geoscience activity quarter after quarter, around 25% growth in Equipment sales year-on-year, Multi-Client cash capex of around $165 million with over 75% prefunding and lower than originally expected Multi-client after-sales, up year-on-year.

CGG thus anticipates full year 2021 segment revenue to be flat year-on-year and segment EBITDAs to be around $310 million impacted by a slow recovery in multi-client data purchases, mainly by IOCs.

2021 Net cash flow to remain positive

The planned asset monetization and sale of businesses held for sale are progressing well and on track to close in early Q4. Overall, CGG is expecting to generate positive net cash flow in 2021.

Commenting on this update, Sophie Zurquiyah, CGG CEO, said:

“In H1 2021 the increase in oil price did not translate yet into recovery of multi-client after-sales to our clients, especially the IOCs. Demand for our technologies remains strong and will benefit our Geoscience and Equipment businesses, as well as our ongoing multi-client programs which are positioned in the most attractive basins. We believe that we are progressively entering a positive cycle with increasing customers’ spending in our markets going forward in the latter part of this year and into 2022.“

Second quarter 2021 results and conference call

CGG will announce its second quarter 2021 results on Wednesday July 28th, before the opening of the Paris stock exchange:

  • The press release and the slide presentation will be made available on our website www.cgg.com at 7:00 am.
  • An English language analysts conference call is scheduled the same day at 8:00 am (Paris time) – 7:00 am (London time)

To follow the conference call, please access the audio webcast from your computer at www.cgg.com

Please dial 5 to 10 minutes prior to the scheduled start time the following numbers:

France call-in: +33(0) 1 70 70 07 81
UK call-in: +44(0) 844 4819 752
Access Code: 9761434

A replay of the conference call will be made available the day after for a period of 12 months

About CGG

CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

Group Communications & Investor Relations

Christophe Barnini
Tel: + 33 1 64 47 38 11
E-Mail: [email protected]
 

Attachment



WISeKey Appoints Cesar Martin-Perez as Chief Revenue Officer to Deliver Innovative Solutions Designed to Further Accelerate Global Sales

WISeKey
Appoints
Cesar Martin-Perez

as Chief Revenue Officer
to
Deliver
Innovative
Solutions Designed to Further
Accelerate
Global
Sales

Geneva
, S
witzerland
–
July
9
,
20
2
1: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that it has appointed Cesar Martin-Perez as its Chief Revenue Officer. Mr. Martin-Perez was most recently the Company’s Senior VP for EMEA Sales and replaces Ben Stump who recently left WISeKey after successfully integrating the WISeKey and arago sales teams.

In his new role, Mr. Martin-Perez will be focused on developing and delivering WISeKey’s innovative secure point-to-point IoT solutions – secure semiconductors, secure digital identities, AI automation solutions and value-added applications, designed to further accelerate WISeKey’s global expansion and revenue growth.   

Carlos Moreira, WISeKey’s Founder and CEO noted, “As a member of our team, Cesar has proven to be an accomplished leader. His tremendous experience in selling complex solutions to global IoT markets (Europe, North America, Middle East, Japan, and China) will tremendously benefit the group and assist our team to build upon WISeKey’s solid foundation, strengthen and expand geographic footprint, grow revenues, and improve profitability. Cesar is the ideal person to lead our sales organization as Chief Revenue Officer, thanks to his decades of experience leading sales teams in the semiconductor industry and microprocessor intellectual property licensing industry as well as his deep familiarity with the EMAE and Asia-Pacific region, including language skills. We are delighted to have Cesar join our leadership team.”

Mr. Martin-Perez, an electronics engineer, has an extensive experience in Semiconductor sales and business development in the high-tech industry. During his career, he focused on developing total system solutions for fast growing markets such as medical, industrial, smart home/building, aerospace/defense, and smart cities with a key focus on IoT.

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:

WISeKey International Holding Ltd
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
[email protected]
WISeKey Investor Relations (US)
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

Disclaimer:

This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.



CTI BioPharma Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

PR Newswire

SEATTLE, July 8, 2021 /PRNewswire/ — CTI BioPharma Corp. (NASDAQ: CTIC) today announced that an authorized subcommittee of the Compensation Committee of its Board of Directors granted an equity award to a new employee as an equity inducement award outside of the Company’s Amended and Restated 2017 Equity Incentive Plan (but under the terms of the Amended and Restated 2017 Equity Incentive Plan) and material to the employee’s acceptance of employment with the company. The equity award was approved on July 8, 2021, in accordance with Nasdaq Listing Rule 5635(c)(4).

The employee received options to purchase 12,000 shares of CTI BioPharma common stock. The options will be issued upon the employee’s grant date (the “Grant Date”), and all stock options included within the equity inducement award will have an exercise price equal to the closing price of CTI BioPharma common stock on the Grant Date. One-fourth of the options will vest on each anniversary of the employee’s Grant Date, subject to the employee’s continued employment with CTI BioPharma on such vesting dates. The options have a ten-year term.

About CTI BioPharma Corp.
We are a biopharmaceutical company focused on the acquisition, development and commercialization of novel targeted therapies for blood-related cancers that offer a unique benefit to patients and their healthcare providers. We concentrate our efforts on treatments that target blood-related cancers where there is an unmet medical need. In particular, we are focused on evaluating pacritinib, our sole product candidate currently in active late-stage development, for the treatment of adult patients with myelofibrosis. In addition, we have recently started developing pacritinib for use in hospitalized patients with severe COVID-19, in response to the COVID-19 pandemic. We are headquartered in Seattle, Washington.

CTI BioPharma Investor Contacts:

Maeve Conneighton/Maghan Meyers
+212-600-1902
[email protected] 

 

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BeiGene Announces the Approval in China of KYPROLIS® (Carfilzomib) for Injection for Adult Patients with Relapsed or Refractory Multiple Myeloma

BeiGene Announces the Approval in China of KYPROLIS® (Carfilzomib) for Injection for Adult Patients with Relapsed or Refractory Multiple Myeloma

BEIJING & CAMBRIDGE, Mass.–(BUSINESS WIRE)–
BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a global biotechnology company focused on developing and commercializing innovative medicines worldwide, today announced that the China National Medical Products Administration (NMPA) has conditionally approved KYPROLIS® (carfilzomib) for injection in combination with dexamethasone for the treatment of adult patients with relapsed or refractory (R/R) multiple myeloma who have received at least two prior therapies, including a proteasome inhibitor and an immunomodulatory agent. KYPROLIS is licensed to BeiGene in China under a strategic collaboration with Amgen. This is the first approval for KYPROLIS in China.

“Multiple myeloma is an incurable and highly recurrent hematological malignancy. Unfortunately, the clinical needs of patients in China with this disease have yet to be fully satisfied,” commented Xiaobin Wu, Ph.D., President, Chief Operating Officer, and General Manager of China at BeiGene. “The approval of KYPROLIS provides us with an important opportunity to offer adult patients in China with relapsed or refractory multiple myeloma a proteasome inhibitor with high selectivity and irreversibility as a treatment option for their disease. With a commercial organization of more than 2,200 people in China we are excited to add KYPROLIS to our product portfolio, which now includes eight approved cancer treatments.”

The conditional approval of KYPROLIS was based on results from the Phase 3 trial (NCT03029234) in China evaluating the efficacy and safety of KYPROLISplus dexamethasone in 123 patients with R/R multiple myeloma. Results of the trial showed that the efficacy in Chinese patients who had received a median of four prior lines of therapy were generally consistent with that seen in the global studies. The overall response rate, the primary endpoint, was 35.8% (95% CI: 27.3, 44.9). The median progression-free survival (PFS) assessed by Independent Review Committee (IRC) was 5.6 months (95% CI: 4.6, 6.5). The safety profile observed for Chinese patients in this study was consistent with that observed in the global studies evaluating KYPROLIS in R/R multiple myeloma. In global studies, the most common adverse reactions in the combination therapy trials were anemia, diarrhea, fatigue, hypertension, pyrexia, upper respiratory tract infection, thrombocytopenia, cough, dyspnea, and insomnia. No new safety risks were identified based on analyses of adverse events in Chinese patients. Full approval is subject to results of a confirmatory trial.

About Multiple Myeloma

Multiple myeloma (MM) is a cancer of the white blood cell, which accumulates in bone marrow and interrupts normal cell function and processes1. It is the second most common hematologic malignancy, accounting for ~1% of all cancers and 13% of hematologic cancers2,3,4. MM is often diagnosed in later stages and nearly 20% of patients may experience disease reoccurrence or relapse after initial treatment5,6. It is estimated that there were 16,500 new cases and 10,300 deaths due to MM in China during 2016, with a higher prevalence in males and older adults ages 55 and 74 years old6,7,8. Uncontrolled MM leads to complications including pathologic fractures and anemia.

About KYPROLIS® (carfilzomib) for injection

Proteasomes play an important role in cell function and growth by breaking down proteins that are damaged or no longer needed. KYPROLIS has been shown to block proteasomes, leading to an excessive build-up of proteins within cells. In some cells, KYPROLIS can cause cell death, especially in myeloma cells because they are more likely to contain a higher amount of abnormal proteins.

Since its first approval in 2012, approximately 150,000 patients worldwide have received KYPROLIS. KYPROLIS is approved in the U.S. for the following:

  • for the treatment of adult patients with relapsed or refractory multiple myeloma who have received one to three lines of therapy in combination with

    • Lenalidomide and dexamethasone; or
    • Dexamethasone; or
    • Daratumumab and dexamethasone.
  • as a single agent for the treatment of adult patients with relapsed or refractory multiple myeloma who have received one or more lines of therapy.

KYPROLIS is also approved in countries or regions including Algeria, Argentina, Australia, Bahrain, Belarus, Brazil, Canada, Chile, Colombia, Ecuador, Egypt, European Union, Hong Kong, India, Israel, Japan, Jordan, Kazakhstan, Kuwait, Lebanon, Macao, Malaysia, Mexico, Morocco, New Zealand, Oman, Peru, Philippines, Qatar, Russia, Saudi Arabia, Serbia, Singapore, S. Africa, S. Korea, Switzerland, Taiwan, Thailand, Turkey and United Arab Emirates.

Important U.S. Safety Information

U.S. INDICATIONS

  • KYPROLIS® (carfilzomib) is indicated in combination with dexamethasone or with lenalidomide plus dexamethasone or with daratumumab and dexamethasone for the treatment of adult patients with relapsed or refractory multiple myeloma who have received one to three lines of therapy.
  • KYPROLIS® is indicated as a single agent for the treatment of adult patients with relapsed or refractory multiple myeloma who have received one or more lines of therapy.

IMPORTANT U.S. SAFETY INFORMATION FOR KYPROLIS

Cardiac Toxicities

  • New onset or worsening of pre-existing cardiac failure (e.g., congestive heart failure, pulmonary edema, decreased ejection fraction), cardiomyopathy, myocardial ischemia, and myocardial infarction including fatalities have occurred following administration of KYPROLIS. Some events occurred in patients with normal baseline ventricular function. Death due to cardiac arrest has occurred within one day of administration.
  • Monitor patients for signs or symptoms of cardiac failure or ischemia. Evaluate promptly if cardiac toxicity is suspected. Withhold KYPROLIS for Grade 3 or 4 cardiac adverse reactions until recovery, and consider whether to restart at 1 dose level reduction based on a benefit/risk assessment.
  • While adequate hydration is required prior to each dose in Cycle 1, monitor all patients for evidence of volume overload, especially patients at risk for cardiac failure. Adjust total fluid intake as clinically appropriate.
  • For patients ≥ 75 years, the risk of cardiac failure is increased. Patients with New York Heart Association Class III and IV heart failure, recent myocardial infarction, conduction abnormalities, angina, or arrhythmias may be at greater risk for cardiac complications and should have a comprehensive medical assessment prior to starting treatment with KYPROLIS and remain under close follow-up with fluid management.

Acute Renal Failure

• Cases of acute renal failure, including some fatal renal failure events, and renal insufficiency (including renal failure) have occurred. Acute renal failure was reported more frequently in patients with advanced relapsed and refractory multiple myeloma who received KYPROLIS monotherapy. Monitor renal function with regular measurement of the serum creatinine and/or estimated creatinine clearance. Reduce or withhold dose as appropriate.

Tumor Lysis Syndrome

  • Cases of Tumor Lysis Syndrome (TLS), including fatal outcomes, have occurred. Patients with a high tumor burden should be considered at greater risk for TLS. Adequate hydration is required prior to each dose in Cycle 1, and in subsequent cycles as needed. Consider uric acid lowering drugs in patients at risk for TLS. Monitor for evidence of TLS during treatment and manage promptly, and withhold until resolved.

Pulmonary Toxicity

  • Acute Respiratory Distress Syndrome (ARDS), acute respiratory failure, and acute diffuse infiltrative pulmonary disease such as pneumonitis and interstitial lung disease have occurred. Some events have been fatal. In the event of drug‐induced pulmonary toxicity, discontinue KYPROLIS.

Pulmonary Hypertension

  • Pulmonary arterial hypertension (PAH) was reported. Evaluate with cardiac imaging and/or other tests as indicated. Withhold KYPROLIS for PAH until resolved or returned to baseline and consider whether to restart based on a benefit/risk assessment.

Dyspnea

  • Dyspnea was reported in patients treated with KYPROLIS. Evaluate dyspnea to exclude cardiopulmonary conditions including cardiac failure and pulmonary syndromes. Stop KYPROLIS for Grade 3 or 4 dyspnea until resolved or returned to baseline. Consider whether to restart based on a benefit/risk assessment.

Hypertension

  • Hypertension, including hypertensive crisis and hypertensive emergency, has been observed, some fatal. Control hypertension prior to starting KYPROLIS. Monitor blood pressure regularly in all patients. If hypertension cannot be adequately controlled, withhold KYPROLIS and evaluate. Consider whether to restart based on a benefit/risk assessment.

Venous Thrombosis

  • Venous thromboembolic events (including deep venous thrombosis and pulmonary embolism) have been observed. Provide thromboprophylaxis for patients being treated with the combination of KYPROLIS with dexamethasone or with lenalidomide plus dexamethasone or with daratumumab and dexamethasone. The thromboprophylaxis regimen should be based on an assessment of the patient’s underlying risks.
  • For patients using hormonal contraception associated with a risk of thrombosis, consider an alternative method of effective contraception during treatment.

Infusion-Related Reactions

  • Infusion-related reactions, including life‐threatening reactions, have occurred. Signs and symptoms include fever, chills, arthralgia, myalgia, facial flushing, facial edema, laryngeal edema, vomiting, weakness, shortness of breath, hypotension, syncope, chest tightness, or angina. These reactions can occur immediately following or up to 24 hours after administration. Premedicate with dexamethasone to reduce the incidence and severity of infusion-related reactions.

Hemorrhage

  • Fatal or serious cases of hemorrhage have been reported. Hemorrhagic events have included gastrointestinal, pulmonary, and intracranial hemorrhage and epistaxis. Promptly evaluate signs and symptoms of blood loss. Reduce or withhold dose as appropriate.

Thrombocytopenia

  • KYPROLIS causes thrombocytopenia with recovery to baseline platelet count usually by the start of the next cycle. Monitor platelet counts frequently during treatment. Reduce or withhold dose as appropriate.

Hepatic Toxicity and Hepatic Failure

  • Cases of hepatic failure, including fatal cases, have occurred. KYPROLIS can cause increased serum transaminases. Monitor liver enzymes regularly regardless of baseline values. Reduce or withhold dose as appropriate.

Thrombotic Microangiopathy

  • Cases of thrombotic microangiopathy, including thrombotic thrombocytopenic purpura/hemolytic uremic syndrome (TTP/HUS), including fatal outcome, have occurred. Monitor for signs and symptoms of TTP/HUS. Discontinue if diagnosis is suspected. If the diagnosis of TTP/HUS is excluded, KYPROLIS may be restarted. The safety of reinitiating KYPROLIS is not known.

Posterior Reversible Encephalopathy Syndrome (PRES)

  • Cases of PRES have occurred in patients receiving KYPROLIS. If PRES is suspected, discontinue and evaluate with appropriate imaging. The safety of reinitiating KYPROLIS is not known.

Progressive Multifocal Leukoencephalopathy (PML)

  • Cases of PML, including fatal cases, have occurred. In addition to KYPROLIS, other contributary factors may include prior or concurrent use of immunosuppressive therapy. Consider PML in any patient with new onset of or changes in pre-existing neurological signs or symptoms. If PML is suspected, discontinue and initiate evaluation for PML including neurology consultation.

Increased Fatal and Serious Toxicities in Combination with Melphalan and Prednisone in Newly Diagnosed Transplant-ineligible Patients

  • In a clinical trial of transplant-ineligible patients with newly diagnosed multiple myeloma comparing KYPROLIS, melphalan, and prednisone (KMP) vs bortezomib, melphalan, and prednisone (VMP), a higher incidence of serious and fatal adverse reactions was observed in patients in the KMP arm. KMP is not indicated for transplant-ineligible patients with newly diagnosed multiple myeloma.

Embryo-fetal Toxicity

  • KYPROLIS can cause fetal harm when administered to a pregnant woman.
  • Advise pregnant women of the potential risk to a fetus. Females of reproductive potential should use effective contraception during treatment with KYPROLIS and for 6 months following the final dose. Males of reproductive potential should use effective contraception during treatment with KYPROLIS and for 3 months following the final dose.

Adverse Reactions

  • The most common adverse reactions in the combination therapy trials: anemia, diarrhea, fatigue, hypertension, pyrexia, upper respiratory tract infection, thrombocytopenia, cough, dyspnea, and insomnia.
  • The most common adverse reactions in monotherapy trials: anemia, fatigue, thrombocytopenia, nausea, pyrexia, dyspnea, diarrhea, headache, cough, edema peripheral.

Please see accompanying full Prescribing Information.

BeiGene Oncology

BeiGene is committed to advancing best and first-in-class clinical candidates internally or with like-minded partners to develop impactful and affordable medicines to patients across the globe. We have a growing R&D team of approximately 2,300 colleagues dedicated to advancing more than 90 clinical trials involving more than 13,000 patients. Our expansive portfolio is directed by a predominantly internalized clinical development team supporting trials in more than 40 countries or regions. Hematology-oncology and solid tumor targeted therapies and immuno-oncology are key focus areas for the Company, with both mono- and combination therapies prioritized in our research and development. The Company currently markets three medicines discovered and developed in our labs: BTK inhibitor BRUKINSA in the United States, China, Canada, and additional international markets; and non-FC-gamma receptor binding anti-PD-1 antibody tislelizumab and PARP inhibitor pamiparib in China.

BeiGene also partners with innovative companies who share our goal of developing therapies to address global health needs. We commercialize a range of oncology medicines in China licensed from Amgen and Bristol Myers Squibb. We also plan to address greater areas of unmet need globally through our collaborations including with Amgen, Bio-Thera, EUSA Pharma, Mirati Therapeutics, Seagen, and Zymeworks. BeiGene has also entered into a collaboration with Novartis granting Novartis rights to develop, manufacture, and commercialize tislelizumab in North America, Europe, and Japan.

About BeiGene

BeiGene is a global, science-driven biotechnology company focused on developing innovative and affordable medicines to improve treatment outcomes and access for patients worldwide. With a broad portfolio of more than 40 clinical candidates, we are committed to expediting the development of our diverse pipeline of novel therapeutics through collaborations or our own internal capabilities, with the aspirational goal of radically improving access to medicines for two billion more people by 2030. BeiGene is a headquarter-less company by design, with a growing global team of approximately 6,000 colleagues across five continents. To learn more about BeiGene, please visit www.beigene.com and follow us on Twitter at @BeiGeneGlobal.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding the commercialization and potential benefits of KYPROLIS; BeiGene’s plans and expectations for the commercialization of its and Amgen’s other oncology products and pipeline assets; and BeiGene’s plans, commitments, aspirations and goals under the headings “BeiGene Oncology” and “About BeiGene”. Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including BeiGene’s ability to demonstrate the efficacy and safety of its drug candidates; the clinical results for its drug candidates, which may not support further development or marketing approval; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials and marketing approval; BeiGene’s ability to achieve commercial success for its marketed products and drug candidates, if approved; BeiGene’s ability to obtain and maintain protection of intellectual property for its technology and drugs; BeiGene’s reliance on third parties to conduct drug development, manufacturing and other services; BeiGene’s limited operating history and BeiGene’s ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; the impact of the COVID-19 pandemic on the Company’s clinical development, commercial and other operations, as well as those risks more fully discussed in the section entitled “Risk Factors” in BeiGene’s most recent quarterly report on Form 10-Q, as well as discussions of potential risks, uncertainties, and other important factors in BeiGene’s subsequent filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this press release, and BeiGene undertakes no duty to update such information unless required by law.

KYPROLIS® is a registered trademark of Amgen Inc.

  1. https://www.mayoclinic.org/diseases-conditions/multiple-myeloma/symptoms-causes/syc-20353378#:~:text=Multiple%20myeloma%20is%20a%20cancer,crowd%20out%20healthy%20blood%20cells.
  2. Palumbo A, Anderson K. Multiple myeloma. N Engl J Med. (2011) 364:1046–60. doi: 10.1056/NEJMra1011442.
  3. Raab MS, Podar K, Breitkreutz I, Richardson PG, Anderson KC. Multiple myeloma. Lancet. (2009) 374:324–39. doi: 10.1016/S0140-6736(09)60221-X.
  4. Kazandijan D. Multiple myeloma epidemiology and survival, a unique malignancy. Semin Oncol. 2016 Dec; 43(6): 676–681.
  5. Majithia N, Rajkumar SV, Lacy MQ, et al. Early relapse following initial therapy for multiple myeloma predicts poor outcomes in the era of novel agents. Leukemia. 2016;30(11):2208-2213. doi:10.1038/leu.2016.147.
  6. Li J, Wang Y, Liu P. The impact on early diagnosis and survival outcome of M-protein screening-driven diagnostic approach to multiple myeloma in China: a cohort study. J Cancer 2019; 10(20):4807-4813. doi:10.7150/jca.32103.
  7. Liu J, Liu W, Mi L, et al. Incidence and mortality of multiple myeloma in China, 2006-2016: an analysis of the Global Burden of Disease Study 2016. J Hematol Oncol. 2019;12(1):136. Published 2019 Dec 10. doi:10.1186/s13045-019-0807-5.
  8. Wang S, Xu L, Feng J, et al. Prevalence and Incidence of Multiple Myeloma in Urban Area in China: A National Population-Based Analysis. Front Oncol. 2020;9:1513. Published 2020 Jan 24. doi:10.3389/fonc.2019.01513.

Investor Contact

Gabrielle Zhou

+86 10-5895-8058

[email protected]

Media Contact

Liza Heapes or Vivian Ni

+1 857-302-5663 or +1 857-302-7596

[email protected]

KEYWORDS: China United States North America Asia Pacific Massachusetts

INDUSTRY KEYWORDS: Pharmaceutical Health Other Health

MEDIA:

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Zaila Avant-garde declared champion of the 2021 Scripps National Spelling Bee

PR Newswire

CINCINNATI, July 8, 2021 /PRNewswire/ — Zaila Avant-garde, a 14-year-old speller from New Orleans, is the champion of the 2021 Scripps National Spelling Bee.

Zaila (zah-EE-luh) Avant-garde earned the prestigious title in round 18, when she correctly spelled “Murraya” which is defined as “a genus of tropical Asiatic and Australian trees having pinnate leaves and flowers with imbricated petals.”

Adam Symson, president and CEO of The E.W. Scripps Company (NASDAQ: SSP), presented the championship trophy moments before ESPN signed off from the 93rd Scripps National Spelling Bee, which took place at ESPN Wide World of Sports Complex at Walt Disney World Resort near Orlando, Florida.

“Zaila demonstrated incredible mastery of the English language with poise and perseverance. The excellence of all of our competitors, their hard work and commitment to learning, and their distinct stories, capture hearts and minds across the globe,” said Symson. “We take great pride in the way the Scripps National Spelling Bee, like so many of its spellers, adapted through difficult circumstances over the last year to safely bring back America’s favorite and longest-running educational competition.”

Avant-garde is the first Black American to be crowned winner of the Bee. This was her second time participating in the national finals. The first was in 2019. An eighth grader at Clover Lane Homeschool, she was sponsored by New Orleans Chapter of The Links.

On her path to the 2021 championship moment, Avant-garde was one of 209 national qualifiers this year and advanced through three levels of virtual competition: The Preliminaries on June 12, the Quarterfinals on June 15 and the Semifinals on June 27.

The Finals of the 93rd Scripps National Spelling Bee took place on Thursday, July 8, at 8 p.m. ET with 11 Finalists. Avant-garde competed in a suspenseful nine rounds: eight spelling rounds and a word meaning round. The total number of rounds in the competition was 18.

The champion receives:

  • From Scripps: $50,000 cash prize, commemorative medal and the Scripps Cup, the official championship trophy of the Scripps National Spelling Bee
  • From Merriam-Webster: $2,500 cash prize and reference library from the Bee’s dictionary partner
  • From Encyclopædia Britannica: $400 of reference works, including a 1768 Encyclopædia Britannica Replica Set and a three-year membership to Britannica Online Premium

Chaitra Thummala of Frisco, Texas, and originally from San Ramon, California, representing Bay Area Regional Spelling Bee, placed second in the competition and will receive $30,000.

Bhavana Madini of New York, representing NYC Regional Spelling Bee, placed third in the competition and will receive $15,000.

As the country continues to emerge from the COVID-19 pandemic and communities and industries update associated guidelines, the in-person portion of the competition at ESPN Wide World of Sports was not open to spectators. Spellers and Bee officials followed health and safety protocols, including masking and physical distancing, throughout the event. Scripps also has consulted on COVID-19-related health and safety protocol with medical experts at Cincinnati Children’s Hospital Medical Center to facilitate a responsible experience for all. 

Each year, the Scripps National Spelling Bee reaches more than 11 million students participating in spelling bees held in classrooms, schools and locally sponsored events around the country.

Photos from the 93rd Scripps National Spelling Bee Finals are available on the Scripps National Spelling Bee’s official Flickr page at flickr.com/scrippsbee/.

About the Scripps National Spelling Bee: 

The Scripps National Spelling Bee is the nation’s largest and longest-running educational program, having launched in 1925. The purpose of the Scripps National Spelling Bee is to help students improve their spelling, increase their vocabularies, learn concepts and develop correct English usage that will help them all their lives. Visit 

spellingbee.com

 for more information about the Scripps National Spelling Bee, which is administered on a not-for-profit basis by The E.W. Scripps Company.  

About Scripps

The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As the nation’s fourth-largest local TV broadcaster, Scripps serves communities with quality, objective local journalism and operates a portfolio of 61 stations in 41 markets. The Scripps Networks reach nearly every American through the national news outlets Court TV and Newsy and popular entertainment brands ION, Bounce, Grit, Laff, Court TV Mystery, Defy TV and TrueReal. Scripps is the nation’s largest holder of broadcast spectrum. Scripps runs an award-winning investigative reporting newsroom in Washington, D.C., and is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps has held for decades to the motto, “Give light and the people will find their own way.”

Contacts: 
For questions or general inquiries:
513-977-3040
Spellingbee.com/contact
Twitter.com/ScrippsBee
   

 

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SOURCE The E.W. Scripps Company