CLS and Toronto General Hospital Continue Clinical Trial Collaboration Regarding MRI-Guided Laser Ablation Treatment of Prostate Cancer

IRVINE, Calif., Nov. 17, 2020 (GLOBE NEWSWIRE) — Clinical Laserthermia Systems AB (publ) (CLS), today announced the clinical study performed in collaboration with Toronto General Hospital, Canada, and Dr. Sangeet Ghai now is recruiting patients for the extended Phase II trial where 30 additional patients, with localized low or intermediate risk prostate cancer, will be treated with MRI-guided focal laser ablation.

The clinical trial started in 2018 to evaluate the safety and efficacy in treating prostate cancer with MRI-guided focal laser ablation (MRgFLA) in 25 patients. In October 2019, interim results were presented in a poster at the AdMeTech 4th Global Summit. At the time of the presentation, treatment was successfully completed in 21 patients and no adverse events were reported. The conclusion was that MRgFLA shows encouraging short-term oncologic and functional outcomes for the treatment of low-to-intermediate-risk prostate cancer. However, the long-term efficacy will be determined in the coming years. CLS and Dr. Sangeet Ghai decided to proceed with the collaboration, continue the clinical trial, and extend it to include an additional 30 patients under the same protocol. The necessary approvals for this extension are now obtained from Canada’s national authorities. The initial patients are already expected to be included and receive treatment during November and December 2020.

“CLS is very pleased to continue working together with Dr. Sangeet Ghai and his multidisciplinary team. The promising results we have seen so far in this clinical study targeting one of our key areas, prostate cancer, is something we want to continue to explore,” stated Dan Mogren, Chief Commercial Officer at CLS. “The data, as well as the user experience and feedback we get from the clinicians operating our TRANBERG-system, is extremely valuable to us.”

BACKGROUND: Men diagnosed with localized low-to-intermediate risk prostate cancer and with a significant life expectancy are usually offered the choice of two broad therapeutic options, either active treatment with surgery or irradiation with high risk of side effects.

Using its localizing strength, MRI has increased opportunities in management of prostate cancer. Additionally, MR thermometry allows real time, peri-procedural monitoring to ensure selective and adequate tumor ablation.

Focal therapy (FT) for prostate cancer (PCa) reduces functional complications with promising oncological results. Magnetic resonance image (MRI)-guided Focal Laser Ablation (MRgFLA) potentially maximizes precision. In this Phase II study, non water cooled 1064nm diode laser fibers were used for ablation.

PURPOSE & AIM: This study aims to determine the oncologic and functional outcomes of MRgFLA in low-to-intermediate risk localized prostate cancer in the single-center series of patients treated with the 1064nm diode laser fibers.

About CLS TRANBERG Thermal Therapy System

CLS developed its TRANBERG Thermal Therapy System with Thermoguide thermometry software and single-use accessories for image-guided, high precision soft tissue thermal therapy and laser ablation of tumors and soft tissues. The system’s tight integration with MRI scanners is designed to enable precise monitoring, real-time tissue temperature measurements, and cell damage calculations during treatments for exact therapy, precise guidance, and ablation control. The system includes a desk-top mobile laser unit, thermometry software for real-time temperature mapping of MRI images during treatments, and non-cooled laser applicators and single use devices.

Clinical Laserthermia Systems AB (publ), develops and sells the TRANBERG® |Thermal Therapy System including specially designed sterile disposable products for the minimally invasive ablative treatments of soft tissues and cancerous tumors, in accordance with regulatory approvals in EU and USA. The products are marketed for image-guided laser ablation (FLA, LITT) and for treatment with imILT®, the company’s interstitial thermotherapy with a potentially immune stimulating effect. CLS is headquartered in Lund, Sweden and has subsidiaries in Germany and Irvine, CA. CLS is listed on Nasdaq First North Growth Market under the ticker CLS B. Certified Adviser (CA) is FNCA Sweden AB, Ph: +46 8 528 00 399. E-mail: [email protected]. Further information is available on www.clinicallaser.se.

The TRANBERG®|Thermal Therapy System has not yet received market clearance for immune stimulating interstitial laser thermotherapy (imILT®) or its Thermoguide thermometry software by the Food and Drug Administration (FDA) in the United States of America (USA).



Company contact: 
Clinical Laserthermia Systems AB (publ) 
Lars-Erik Eriksson, CEO
T: +46 – (0)703 – 90 33 00
Email: [email protected]

Company Contact: 
CLS Americas:
Michael Magnani, Managing Director 
T: +1 949-504-5440
E: [email protected]

Media Contact:
TopSpin Communications
Joe Waldygo, President
P: +1 480-363-8774 
E: [email protected]

New report measures how Canadian provinces stack up on energy efficiency, what it means for a clean economic recovery

Provincial scorecard puts British Columbia in the lead, shows that Alberta and Ontario are losing ground

OTTAWA, Nov. 17, 2020 (GLOBE NEWSWIRE) — When it comes to energy-saving policies, British Columbia is first, Saskatchewan is last, Prince Edward Island is most improved, and the federal government needs to help all provinces ramp up to meet national goals. This is the message coming from the second annual Scorecard of provincial energy efficiency policies by a Carleton-based research organization, Efficiency Canada.

The 250-page report, released today, benchmarks Canadian provinces across 42 separate metrics, such as energy savings from public utility programs, electric vehicle registrations, building code adoption, and industrial energy management.


Read the full report:

https://www.scorecard.efficiencycanada.org/2020

Energy efficiency has become a go-to solution to recover from COVID-19’s social and economic impacts in a way that promotes clean energy and long-term resilience. In 2020, the federal government committed to improving average energy intensity by three percent per year, which is a tripling from current levels. Organizations such as the International Energy Agency and Canada’s Task Force for a Resilient Recovery recommend investing in building retrofits because they create jobs, promote spending in local economies, and spur productive local investments.

“Most energy saving policies are implemented by the provinces, because they control areas such as public utility regulation and building codes. The Scorecard tracks provincial performance and policy initiatives, while aiming to spur healthy competition amongst policymakers,” said the report’s lead author, James Gaede.


Scorecard results

The Scorecard gave the top rank to British Columbia for the second year. The province is ahead in net-zero energy-ready building codes, electric vehicle registrations, industrial energy management systems, and low-carbon heating.

Prince Edward Island was the most improved province, and narrowly took the lead away from Nova Scotia in the report’s assessment of energy efficiency programs. P.E.I. is now top in per capita program spending, with a strong emphasis on low-income and Indigenous communities.

Quebec is second place and leads in the transportation category of metrics. This year, the province made its first update to energy efficiency standards for large buildings since 1983.

Saskatchewan is in last place, lagging in energy efficiency program savings and spending.

Alberta and Ontario both saw a significant drop in scores compared to the previous year. Alberta significantly reduced program savings and totally shut down the Energy Efficiency Alberta agency. Ontario is a traditional leader and ranks fourth overall, yet is slipping in areas such as electricity savings and electric vehicle registrations.

“The reduction in program budgets and savings in Ontario and Alberta have a significant national impact. If these trends continue, national efficiency and emission reduction goals could be out of reach” noted Dr. Gaede.

All provinces have significant room to improve. On a scale with 100 available points, the highest score this year is 58 and the lowest 17.

“No province is reaching the levels of savings achieved by leading states such as Massachusetts and Vermont. Under Joe Biden, the Americans will move very fast to improve energy efficiency. The Scorecard presents the performance benchmarks and policies Canadian provinces must hit to catch up,” said Efficiency Canada Policy Director, Brendan Haley. 


Making federalism work for energy efficiency

The report authors see the federal government playing an important role in bolstering provincial energy efficiency performance, identifying the following five federal policy priorities:

  • Using the low-carbon economy fund to expand energy efficiency programs as an immediate job creation strategy
  • Financing deeper energy retrofits
  • Introducing a national zero-emission vehicle mandate 
  • Spurring the adoption of the 2020 national model buildings codes
  • Promoting industrial energy management systems 

They note that energy efficiency is a policy area that should unite all provinces rather than creating regional conflicts. 

“Energy waste is everywhere, which makes it an energy resource that all provinces can benefit from. If the federal government enables provincial actions, and the provinces learn from each other, we can make federalism work for energy efficiency,” said Brendan Haley.

Efficiency Canada intends to produce the Scorecard annually, and also manages a detailed provincial policy database.


Interview opportunities

  • Brendan Haley, PhD, Policy Director at Efficiency Canada and co-author
  • James Gaede, PhD, lead author of 2020 Provincial Energy Efficiency Scorecard


About Efficiency Canada

Efficiency Canada is the national voice for an energy efficient economy. Our mission is to create a sustainable environment and better life for all Canadians by making our country a global leader in energy efficiency policy, technology, and jobs. We conduct rigorous policy analysis, communicate compelling narratives, and convene and mobilize Canada’s dynamic energy efficiency sector. Efficiency Canada is housed at Carleton University’s Sustainable Energy Research Centre, which is located in turn on the traditional unceded territories of the Algonquin nation.

www.efficiencycanada.org


For further information: 

Lynsey Grosfield, Communications and Media Lead at Efficiency Canada, 
514-430-5203, [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/961bd0b4-5bf2-473b-bf58-ed484ab4f22e



Fraser Institute News Release: New Hampshire most economically-free state, New York least-free for sixth consecutive year

TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — New Hampshire has retained its status as the most economically-free state in the union, finds a new report released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

New Hampshire scored 7.84 out of 10 in this year’s report (down from 7.93 last year), beating out second-place Florida (7.73).

Economic freedom—the ability of individuals to make their own economic decisions including what to buy, where to work and whether to start a business—is fundamental to prosperity.

“When governments allow markets to decide what’s produced, how it’s produced and how much is produced, citizens enjoy greater levels of economic freedom,” said Fred McMahon, the Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute and co-author of this year’s Economic Freedom of North America report, which measures government spending, taxation and labor market restrictions using data from 2018, the latest year of available comparable data.

Rounding out the top five freest states are Virginia (3rd), Texas (4th) and Tennessee (5th). At the other end of the index, New York (50th) is once again the least-free state followed by West Virginia (49th), Alaska (48th), California (47th) and Vermont (46th).

From 2004 to 2018, the average score for U.S. states in the all-government index fell from 8.31 to 7.97. Across North America, the least-free quartile of jurisdictions had an average per-capita income 8.1 per cent below the national average compared to 4.6 per cent above the national average for the most-free quartile.

“Higher levels of economic freedom lead to more opportunity, more prosperity, greater economic growth, more investment and jobs,” said Dean Stansel, report co-author and economics professor at Southern Methodist University.

The Economic Freedom of North America report (also co-authored by José Torra, the head of research at the Mexico City-based Caminos de la Libertad) is an offshoot of the Fraser Institute’s Economic Freedom of the World index, the result of more than a quarter century of work by more than 60 scholars including three Nobel laureates.

Detailed tables for each country and subnational jurisdiction can be found at www.fraserinstitute.org.

MEDIA CONTACT
S:
Fred McMahon
Dr. Michael A. Walker Research Chair in Economic Freedom, Fraser Institute
Desk: (416) 363-6575 ext. 226 Mobile: (416) 727-7138
[email protected]

Dean Stansel
Research Associate Professor, Bridwell Institute for Economic Freedom
Cox School of Business, Southern Methodist University
214-768-3492
[email protected]

Follow the Fraser Institute on

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The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. Visit www.fraserinstitute.org

To arrange media interviews or for more information, please contact:

Mark Hasiuk, 604-688-0221 ext. 517,

[email protected]



Market Intelligence Built for Business: FrontierView

WASHINGTON, Nov. 17, 2020 (GLOBE NEWSWIRE) — In order to better fulfill our mission of providing the world’s best market intelligence and advisory services for global business professionals, the DuckerFrontier Board of Directors and Senior Executive team have made the decision to spin out FrontierView’s subscription solutions into its own company. The new company, which will be called FrontierView [www.frontierview.com], will be led by Richard Leggett as CEO and the same leadership team.

In conjunction with this transaction, we are thrilled to announce that FrontierView has received a growth investment that was led by Mr. Thomas McCormick, a growth-oriented private investor and former President of the B.F. Saul Company and former Chairman of the law firm Shaw, Pittman, Potts & Trowbridge. 

“We are very excited about the creation of FrontierView, which will allow us to better support our clients’ market monitoring, strategic planning and growth mandates in their most important markets,” said Richard Leggett, CEO of FrontierView. “The formation of this new entity along with Mr. McCormick’s investment enables us to continue investing in our team, technology, and products to advance our mission of providing world-class market intelligence solutions to global business professionals.”

“FrontierView brings a powerful solution to the marketplace serving the needs of business professionals all over the world. This growth capital is designed to maximize and accelerate the potential of our company to meet the changing needs of our clients,” added Thomas McCormick, Investor. “With this capital, we can invest in groundbreaking new products and services, designed specifically for today’s business challenges.”

Despite challenging conditions in 2020, the FrontierView team has remained laser-focused on serving the needs of our clients through our unique Strategic Intelligence as a Service model. In the most recent months, FrontierView has launched a dedicated mobile app, provided over 1,500 client briefings, reached over 3,000 business professionals over 100 executive events, published over 2,000 research reports and insights and launched the third generation, market-leading technology platform – FrontierView. With our new corporate structure and growth capital, we look forward to building on this foundation and accelerating our investment in future market intelligence and advisory solutions. 

About FrontierView

FrontierView is a leading market intelligence and advisory firm that supports the international growth mandates of multinationals across every sector of the global economy. FrontierView provides clients with a range of subscription offerings as well as custom research solutions to help inform their strategic planning, market growth and ongoing market monitoring initiatives.  FrontierView is headquartered in Washington, DC with offices in London and Singapore. For more information, please visit www.frontierview.com.

Media Contact

Jon Rubin, Senior Vice President, Operations & Marketing
[email protected]
202-559-9623
For Media Contact



Aurora Mobile Partners with Missfresh to Promote Intelligent Marketing

SHENZHEN, China, Nov. 17, 2020 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership with Beijing Missfresh Ecommerce Co. Ltd. (“Missfresh”), a leading e-commerce platform that focuses on high-quality fresh food in China, to promote digitalization and intelligent operations.

The partnership will leverage Aurora Mobile’s industry-leading Artificial Intelligent (“AI”) and machine learning-driven push technical capabilities and years of expertise in data analytics, help Missfresh gain comprehensive insights into user needs, and provide Missfresh with stable, efficient, secure, and intelligent push services that optimize user experience, increase user engagement and retention, and achieve intelligent and tailored marketing. This cooperation demonstrates the industry-wide acclaim and trust that Aurora Mobile commands for the robust technical capabilities and services it offers to leading fresh grocery e-commerce platforms in China.

Missfresh, in focusing on high-quality fresh food e-commerce, strives to connect high-quality fresh grocery producers and consumers through supply chain restructuring, and delivers the ultimate fresh food e-commerce experience to users. Missfresh has been leveraging the user proximity of its pre-warehouses to provide a “better, faster and more cost-effective” purchase experience for consumers.

Meanwhile, Missfresh empowers grocery suppliers through win-win solutions, working together with businesses along the entire industry chain to deliver a healthy, safe and high-quality lifestyle to families at affordable costs. Within a few years of its establishment, Missfresh has achieved and maintained leadership in terms of revenue growth, number of users and profitability in the fresh grocery e-commerce industry.

Recognized for its innovative business model and phenomenal growth, Missfresh was selected into the 2017 China Unicorn Enterprise List by the Torch High Technology Industry Development Center of China’s Ministry of Science and Technology, becoming the fresh grocery e-commerce platform of choice for tens of millions of users in China.

As a leading mobile developer service provider in China for almost a decade, Aurora Mobile continues to leverage its “APP developer-centric” strategy to help mobile APP developers optimize user experience and conduct more in-depth operations through agile product development. Iterative technology improvements are deployed with a clear focus on increasing demand for mobile operations, business growth and monetization. The Company has successively launched push notifications, one-key authentication, instant messaging, statistics and analytics, and APP traffic monetization (JG Alliance) and other services. The Company’s solutions feature multi-channel delivery, intelligent user grouping, and trace-free withdrawal as well as high concurrency and availability system architecture. Aurora Mobile teamed up with Samsung and ASUS to build a push system that complies with the Unified Push Alliance standard. Aurora Mobile also leverages its AI-driven data processing platform to provide customers with one-stop diversified service solutions, helping customers across various industries to improve operational efficiency and conduct data-led decision making.   

Going forward, Aurora Mobile will continue to embrace innovative development and empower mobile APP developers with strong capabilities in product development, operations and technology iteration. Aurora Mobile will further explore other strategic partnerships in the fresh food e-commerce sector to help them grow and improve operational and monetization efficiency.

About Aurora Mobile Limited

Founded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and APP traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile’s vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SaaS-model; its ability maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

For general inquiry, please contact:

Aurora Mobile Limited

E-mail: [email protected]

Christensen

In China

Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: [email protected]

In US

Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: [email protected]



Canstar Restorations Acquires ABK Restoration and NorHaz Solutions

VANCOUVER, British Columbia, Nov. 17, 2020 (GLOBE NEWSWIRE) — Canstar Restorations LP (“Canstar) is pleased to announce the acquisition of ABK Restoration Services Ltd. (“ABK”) and NorHaz Solutions Inc. (“NorHaz”). ABK is a provider of property restoration services, and NorHaz is a provider of full-service hazardous materials removal and remediation, both operating in British Columbia’s Interior.

“Welcoming ABK and NorHaz into the Canstar family represents a significant milestone in becoming the largest player in Western Canada,” said Mike Chisholm, CEO of Canstar. “This is a great strategic fit that will allow for the leveraging of the combined service offering, workforce, and facilities to provide a higher level of service to our existing and future customers.”

ABK and NorHaz have established a long and prominent track record, supported by its deep talent and the reputation of founder Jeff McCallum and his team. “Canstar’s strong cultural alignment and operating expertise were critical in the establishment of this partnership,” noted Jeff McCallum. “We are excited to collaborate and develop the next phase of growth opportunities to further expand the combined business.”

With the acquisition of ABK and NorHaz, Canstar’s platform will expand by four branches located in Kamloops, Kelowna, Penticton, and Summerland, British Columbia. In addition to this acquisition, Canstar has recently expanded its footprint into Alberta with the opening of offices in Calgary and soon to be opening in Edmonton.

ABOUT CANSTAR

Canstar, founded in 1985, is a leading Western Canadian full-service restoration provider with 11 branches across British Columbia (Abbotsford, Coquitlam, Kamloops, Kelowna, Penticton, Summerland, Surrey, Vancouver, and Whistler) and Alberta (Calgary and Edmonton). Canstar offers a complete range of building and contents restoration services, including repairing fire, water and storm damage, and hazardous materials clean-up. Visit our website to learn more.



For more information, please contact:

Canstar Restorations
Phone: 604-549-2070 ext. 1079
E-mail: [email protected]

Foresee Pharmaceuticals Enters Exclusive License Agreement with GenSci for the Commercialization of Camcevi(TM) in China

PR Newswire

TAIPEI, Nov. 17, 2020 /PRNewswire/ — Foresee Pharmaceuticals (6576.TWO) (“Foresee”) announced today that it has entered into an exclusive license agreement with GenScience Pharmaceuticals (“GenSci”) – a wholly-owned subsidiary of Changchun High-Tech Industry (Group) Co., Ltd. (000661.SZ) – for the commercialization of Foresee’s novel FP-001 program, Leuprolide Mesylate Injectable Suspension (LMIS) ready-to-use subcutaneous 6-month and 3-month depot formulations (“Camcevi“). The license agreement will cover the China market.

Under the terms of this partnership, Foresee, a Taiwan and US-based biopharmaceutical company, will receive 8 million US dollars upfront, and a combination of regulatory milestones, technology transfer milestones, and commercialization milestones payments totalling up to 123.85 million US dollars in addition to a share of the product revenue in the territory. GenSci will cover all costs of development, registration, and commercialisation in the territory.

“GenSci has an impressive record developing and commercializing hormonal therapeutics in the China market and possesses extensive experience, expertise and infrastructure in R&D, regulatory affairs, manufacturing and commercialization,” said Dr. Ben Chien, Founder and Chairman of Foresee. “Camcevi 6-month depot is currently under review process by the FDA and EMA, and will soon be followed by Camcevi 3-month depot. This important collaboration with GenSci will allow us to aggressively move forward phase III registration studies, registration, and commercialization of Camcevi in China. We are highly confident in Camcevi‘s potential in the China market, and see this as the foundation to a potentially broader partnership with GenSci in the future, related to Foresee’s SIF technology and related programs.”

Dr. Lei Jin, CEO of GenSci said, “GenSci is very committed to bringing complex, added value products to the China market, improving the standard of care and ultimately the lives of patients. We are very pleased to have established a partnership with Foresee and look forward to a successful registration and launch of the FP-001 franchise in China. The products will provide meaningful advantages and benefits to patients and all medical practice stakeholders.”

About Foresee Pharmaceuticals Co., Ltd.

Foresee is a Taiwan and US-based biopharmaceutical company listed on the Taipei Exchange. Foresee’s R&D efforts are focused in two key areas, namely its unique stabilized injectable formulation (SIF) depot delivery technology with derived drug products targeting specialty markets, secondly its transformative preclinical and clinical first-in-class NCE programs targeting disease areas with high unmet needs.

Foresee’s product portfolio includes late stage and early stage programs such as FP-001, 6-month and 3-month, stable, ready-to-use versions of leuprolide mesylate for injection, for which regulatory approval reviews are currently underway in US and EU for the 6-month product and regulatory submissions for 3-month product are in preparation; FP-025, a highly selective oral MMP-12 inhibitor targeting inflammatory and fibrotic diseases, currently in a Phase 2 proof-of-concept study, and target to initiate Phase 2 study for COVID-19 virus induced acute respiratory distress syndrome (ARDS); FP-045, a highly selective oral small molecule allosteric activator of ALDH2, a mitochondrial enzyme, for which a Phase 1b/2 study is currently planned for Fanconi Anemia, and FP-004, a novel, subcutaneously injectable product in development for the treatment of opioid use disorder and pain. www.foreseepharma.com

About Changchun High-Tech Industry and GenScience Pharmaceiticals

GenScience Pharmaceuticals Co., Ltd. is a 99.5% owned subsidiary of Changchun High-tech Industry (Group) Co., Ltd.. CCHT was established by Changchun High-tech Industry Development Corporation in June 1993. On December 18, 1996, CCHT stocks were listed at Shenzhen Stock Exchange. Since its establishment, CCHT has successfully transformed from an infrastructure construction company into an enterprise group focusing on medical science, technology innovation, and industrial investment, with biopharmaceutical industry as its primary focus and real estate industry as the supplement. With a platform of genetic engineering pharmaceuticals, biological vaccines and modern traditional Chinese medicine, CCHT’s subsidiaries includes GeneScience Pharmaceuticals Co., Ltd. (“GenSci”), Changchun BCHT Biotechnology Co., Ltd., Jilin Huakang Pharmaceutical Co., Ltd., and Changchun High-tech Real Estate Development Co., Ltd.. CCHT ranked 73rd and 56th among the top 100 pharmaceutical industries in China in 2017 and 2018, respectively. http://en.ccht.jl.cn/

GenSci, established in 1996, is one of the leading genetic engineering pharmaceutical companies in China. With eight products on the market, including Somatropin, PEG-Somatropin, Follitropin, Molgramostim Gel, Octreotide and Triptorelin, etc., GenSci is also the largest manufacturer of recombinant human growth hormone in Asia. GeneSci provides services for reproductive, autoimmune, ophthalmology, nervous system fields. http://en.gensci-china.com/

Cision View original content:http://www.prnewswire.com/news-releases/foresee-pharmaceuticals-enters-exclusive-license-agreement-with-gensci-for-the-commercialization-of-camcevitm-in-china-301174445.html

SOURCE Foresee Pharmaceuticals Co., Ltd.

Ericsson estimates USD 31 trillion 5G consumer market by 2030

PR Newswire

KISTA, Sweden, Nov. 17, 2020 /PRNewswire/ —

  • 5G could drive up to USD 31 trillion in cumulative consumer revenue in the ICT industry by 2030
  • Communications service providers (CSPs) could earn up to USD 3.7 trillion in cumulative 5G-enabled consumer revenues by 2030
  • Augmented Reality (AR) could drive more than half of all consumer spending on immersive media by 2030

The 5G consumer market could be worth USD 31 trillion by 2030 globally, according to the new Harnessing the 5G Consumer Potential report from Ericsson (NASDAQ: ERIC) ConsumerLab. The report estimates that communications service providers (CSPs) could earn USD 3.7 trillion of that total – a figure that could increase further as new adjacent digital services opportunities arise.

The report also estimates that CSPs could generate up to USD 131 billion by 2030 from digital service revenues alone, by proactively bundling and marketing 5G use cases. About 40 percent of these revenue projections are attributed to consumer spending on enhanced video, augmented reality (AR), virtual reality (VR) and cloud gaming over 5G networks. The report projects that AR is likely to drive more than half of all consumer spending on immersive media by 2030 – starting with gaming and extending to other areas like shopping, education and remote collaboration.

Key findings also highlight how the impact of the COVID-19 pandemic on personal finances and financial priorities may have affected consumers’ willingness to pay a premium for 5G subscriptions. In early 2019, the average consumer was willing to pay a 20 percent premium for 5G. As 2020 draws to an end, that figure has dropped to 10 percent. However, one in three early adopters globally are still willing to pay a 20 percent premium. Such high levels of early adopter take-up could help drive economic recovery, according to the report.

The report also projects that by proactively driving 5G consumer adoption, CSPs could gain 34 percent higher 5G average revenue per user (ARPU) by 2030. This could boost consumer revenues at a compound annual growth rate (CAGR) of 2.7 percent compared to flat revenue growth of 0.03 percent by taking a passive approach across the decade.

Jasmeet Singh Sethi, Head of ConsumerLab, Ericsson Research, says: “This is the first time that Ericsson has presented a revenue forecast for the 5G consumer market, which remains the core business of communications service providers. Through our research, we have highlighted the role of use case development, tariff innovation, quality 5G coverage and ecosystem partnerships to unlock the true potential of this market. It is clear that 5G will drive enormous opportunities for CSPs in consumer business over the decade. As this journey is already underway, those CSPs that quickly and proactively evolve their consumer propositions are likely to be bigger winners.”

The report also highlights the enabling role technologies such as edge computing and network slicing will play in helping service providers to secure 5G-enabled consumer revenue. This could come from core digital services like cloud gaming and augmented reality applications, or adjacent digital services, such as in-car connectivity and associated safety features.

In May 2019, Ericsson ConsumerLab released a report that measured consumer interest across more than 30 use cases and their willingness to pay for them. The new 5G Consumer Potential report builds on those insights through business potential forecasts, both for service providers and the larger ICT ecosystem.  

Download the Harnessing the 5G Consumer Potential report.

Webinar: register and join us for the related November 18 Harnessing the 5G Consumer Potential webinar.

Related links:

Ericsson ConsumerLab: The Voice of the Consumer

Ericsson: 5G for Consumers

Ericsson Mobility Report: June 2020

Ericsson ConsumerLab: 10 Hot Consumer Trends 2030

Ericsson ConsumerLab: 5G Consumer Potential 2019

Ericsson 5G

NOTES TO EDITORS:

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ABOUT ERICSSON:

Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people around the world. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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Mobile gaming on a 5G-enabled device

 

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SOURCE Ericsson

Groupe Beneteau looks to IFS for its new ERP mainstay

World-renowned boat maker to implement IFS solution at 17 production sites worldwide in France, Poland, the United States and Italy

PR Newswire

LONDON, Nov. 17, 2020 /PRNewswire/ — The manufacturer of pleasure boats, Groupe Beneteau (including BENETEAU, JEANNEAU, LAGOON, EXCESS, PRESTIGE, FOUR WINNS, WELLCRAFT, DELPHIA) has chosen a fully integrated enterprise resource planning (ERP) platform from IFS, the global enterprise applications company. The IFS solution will be implemented by BearingPoint, IFS Platinum service partner and the 2020 winner of the IFS Global Systems Integrator of the Year Award.

To manage the growing complexity of information flow between the different subsidiaries of its Boats division, Groupe Beneteau needed to replace its aging and highly customized legacy business system with a central ERP platform. The new platform will enable improved data analysis and decision-making, increased operational efficiency through harmonized business practices within the division, and better integration of processes and information between subsidiaries.

Evaluating a range of solutions from major vendors, the company chose the IFS/BearingPoint team for its exceptional functional breadth and depth coupled with a coherent integration project. The IFS solution will cover all mission-critical business processes, including production, project management, supply chain, sales and service, and finance. BearingPoint, for its part, was able to demonstrate its ability to meet Groupe Beneteau’s expectations through its expertise of the software and its pragmatic, methodical approach.

“For several years now, Groupe Beneteau has been thinking about upgrading its Boat division information systems to make them more efficient, secure, transparent, and fast,” said Jérôme de Metz, Chairman and Chief Executive Officer of Groupe Beneteau. “The complete and industry-specific capabilities of IFS’s solution are well suited to our needs, and the quality of the references of its manufacturing customers has convinced us to engage with IFS and BearingPoint in this investment, which is fully integrated with our business project.”

Marc Genevois, IFS President, Western, Southern Europe & Latin America, added, “As one of the most celebrated brands in the industry, we are proud to be able to support the transformation of Groupe Beneteau, to ensure a future-proof technological infrastructure for its continued growth. Empowering global manufacturers with deep and highly configurable industry capabilities is very much in our wheelhouse and we look forward to bringing our extensive domain experience to bear on Groupe Beneteau’s digital transformation.”

Philippe Chaniot, Partner at BearingPoint, concludes, “Groupe Beneteau is a leader in its industry and we are pleased and proud to be able to contribute to improving the performance of its services. IFS offers a complete solution particularly adapted to this context; our teams are already working hard to put their skills and experience to work for the success of this project.”


Lewis France

PR for IFS
Phone: +33-1-85 65-86-00
[email protected]

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SOURCE IFS

Infosys and Ellen MacArthur Foundation Partner to Drive Forward Circular Economy

PR Newswire

LONDON, Nov. 17, 2020 /PRNewswire/ — Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, has partnered with the Ellen MacArthur Foundation charity. The organisations will work together to accelerate the global transition to a circular economy.

Infosys

The Foundation works with its Network of Strategic Partners, Partners, and Members. Infosys has joined the Network as a Partner. The Network includes some of the world’s leading and most influential organisations, including businesses, governments, educators, innovators, and investors, to drive systemic change.

The collaboration coincides with the launch of the strategic Sustainable Business Unit within Infosys, which will enable customers to better incorporate circular designs into their products, services, and supply chains.

The Ellen MacArthur Foundation develops and promotes the idea of a circular economy. It works with, and inspires, business, academia, policymakers, and institutions to mobilise systems solutions at scale, globally. The circular economy offers an alternative to the linear ‘take, make, waste’ linear economy — one which is better for people, the economy, and the environment. The circular economy is based on three key principles — design waste out of the system, keep products and materials in use, and regenerate natural systems.

Infosys will focus on aligning its digital transformation toolkit — Live Enterprise Suite — with the Foundation’s circular economy performance measurement tool, Circulytics. Circulytics enables companies to measure their circular economy performance and identify opportunities to adopt, or further embed, circular practices, thereby driving the transition to a circular economy. Infosys will be able to achieve circular design of products, services, and supply chains much more quickly by reusing and repurposing customers’ existing technology stacks, rather than replacing them.

The Partnership follows the recent announcement that Infosys has become a PAS 2060 certified carbon neutral company – 30 years ahead of the timeline set out in the Paris Agreement on climate change. Additionally, 34 of the company’s buildings have the highest level of green building certification and no wastewater is discharged from any of its campuses. Now, as a system integrator dedicated to doing the right thing since inception in 1981, Infosys is well placed to take the technology conversation forward on circularity.


Cory Glickman, Head of Sustainable Business, Infosys,
 said: “Being a Partner of the Ellen MacArthur Foundation is a valued relationship that allows us to continue at pace the work we’ve already been doing to promote the importance of efficient practices and supply chains. Infosys believes there is a symbiotic relationship between digitisation and sustainability and through aligned strategies and clever design — particularly on circularity — you can achieve both, with just one pocket of spending.”


James George, Network Development Lead, Ellen MacArthur Foundation
, said: “I am very excited to see how this relationship develops and deepens over the next few years. As a global leader in next-gen digital platforms, Infosys will bring a calibre of expertise and knowledge that will further help the Network to realise its digital ambition, which will support the transition towards a circular economy. As a Partner with the Foundation, Infosys have drawn a line in the sand, to embrace a circular economic framework as part of their future value proposition.”

About Ellen MacArthur Foundation

The Ellen MacArthur Foundation is a UK-based charity committed to the creation of a circular economy that tackles some of the biggest challenges of our time, such as waste, pollution, and climate change. A circular economy designs out waste and pollution, keeps products and materials in use, and regenerates natural systems, creating benefits for society, the environment, and the economy. The Ellen MacArthur Foundation works closely with designers, businesses, educators, and policymakers around the world to achieve this.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2020. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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SOURCE Infosys