Innovation Act

KBRA Assigns an A+ Rating to the State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project]; Affirms Rating for Parity Debt; Outlook is Stable

Retrieved on: 
Mittwoch, November 22, 2023
Professional Services, Finance, KBRA, Reliance, Outlook, BP, Escrow, Innovation Act, Energy Products Inc, Bank, Security (finance), Bond, Damages

KBRA assigns a long-term rating of A+ to the State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project] (TIFIA), with a final maturity of September 1, 2033, and at the same time affirms the long-term rating of A+ for parity debt.

Key Points: 
  • KBRA assigns a long-term rating of A+ to the State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project] (TIFIA), with a final maturity of September 1, 2033, and at the same time affirms the long-term rating of A+ for parity debt.
  • The long-term rating reflects the business and financial risk profile of BP p.l.c.
  • (“BP”, the “Company”), and the payment of Deepwater Horizon Economic Damages proceeds (“Damages”) by BP Exploration & Production Inc. (“BPXP”).
  • Such Damages secure debt service on the State of Louisiana (“the State”) Deepwater Horizon Economic Damages Revenue Bonds and TIFIA Loans (the “Bonds”; TIFIA is the “Transportation Infrastructure Finance and Innovation Act of 1998”).

Plumbing Manufacturers International Expresses Support for New Biden-Harris Actions to Convert High-Vacancy Commercial Buildings to Residential Use

Retrieved on: 
Donnerstag, November 2, 2023
Other Manufacturing, Manufacturing, Public Policy, Government, Other Construction & Property, Building Systems, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Retail, Environment, HVAC, Other Energy, Urban Planning, Utilities, Green Technology, Energy, Home Goods, White House, Federal Government, State, Local, Environmental Policy, Guide book, HUD, General Services Administration, Improvement, Sale, Transportation Infrastructure Finance and Innovation Act, Building, Housing, Department of transportation, Plumbing Manufacturers International, Community Development Block Grant, Railroad Rehabilitation and Improvement Financing, Innovation Act, Transport, United States Department of Housing and Urban Development, Acquisition, Office of Management and Budget, PMI, Rehabilitation, City, Management, Renewable energy

Plumbing Manufacturers International today expressed its support for the Biden-Harris administration’s new actions to support the conversion of high-vacancy commercial buildings to residential use.

Key Points: 
  • Plumbing Manufacturers International today expressed its support for the Biden-Harris administration’s new actions to support the conversion of high-vacancy commercial buildings to residential use.
  • The actions will prioritize the creation of much-needed residential housing that is affordable, energy-efficient, greenhouse gas-reducing, and near transit and good jobs.
  • “Plumbing Manufacturers International’s member companies stand ready to contribute to the creation of these new residences,” said PMI CEO and Executive Director Kerry Stackpole.
  • A commercial to zero emissions housing toolkit from the Department of Energy’s Better Buildings Initiative that includes technical and financial guidance on how to achieve zero emissions commercial to residential conversions.

AECOM helping secure WIFIA funding for clients delivering prominent U.S. water projects

Retrieved on: 
Montag, Oktober 16, 2023
Other Transport, Manufacturing, Environment, Transport, Sustainability, Urban Planning, Landscape, Consulting, Building Systems, Professional Services, Other Natural Resources, Construction & Property, Utilities, Oil, Gas, Natural Resources, Energy, Climate Change, Engineering, Partnership, Infrastructure Investment and Jobs Act, Climate change, NYSE, Inflation Reduction Act of 2022, Drinking water, Organization, ACM, Pittsburgh Water and Sewer Authority, Innovation Act, Ageing, Inflation, San Francisco Public Utilities Commission, San Francisco, Water, Construction, AECOM

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it is partnering with clients across the U.S. to leverage the latest $7.5 billion in Water Infrastructure Finance and Innovation Act (WIFIA) funding.

Key Points: 
  • AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it is partnering with clients across the U.S. to leverage the latest $7.5 billion in Water Infrastructure Finance and Innovation Act (WIFIA) funding.
  • The Company’s current WIFIA funded client work spans the sector and includes drinking water, drought and hazard resilience, and wastewater projects.
  • Supported by the combination of AECOM’s technical expertise and comprehensive suite of industry-leading water capabilities, clients are achieving successful outcomes and delivering results from WIFIA funding.
  • “Across the U.S. we are continuing to support our clients in delivering the next generation of critical infrastructure projects that are only made possible through government funding,” said Lara Poloni, AECOM’s president.

MicuRx receives FDA Qualified Infectious Disease Product (QIDP) and Fast Track Designation for Contezolid and Contezolid acefosamil

Retrieved on: 
Freitag, September 22, 2023
Priority review, Food and Drug Administration Safety and Innovation Act, Innovation Act, IV, Prevalence, Amputation, Diabetes, QIDP, Methicillin, S. aureus, Methicillin-resistant Staphylococcus aureus, Infection, Act, MRSA, NDA, Fast Track, Osteomyelitis, ABSSSI, GAIN, Diabetic foot infection, Patient, Ulcer, Disease, DFI, Mortality, Toxic shock syndrome, Bacteria, FDA, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Gram-positive bacteria, Food, Pharmaceutical industry, FDASIA

Oral contezolid and intravenous (IV) contezolid acefosamil are currently being studied in a global Phase 3 clinical trial in treatment of patients with DFI.

Key Points: 
  • Oral contezolid and intravenous (IV) contezolid acefosamil are currently being studied in a global Phase 3 clinical trial in treatment of patients with DFI.
  • Both products were previously granted QIDP designation and Fast Track status in 2018 for the treatment of acute bacterial skin and skin structure infections (ABSSSI).
  • With excellent microbiological activity against common Gram-positive bacteria, contezolid and contezolid acefosamil are well positioned to benefit DFI patients, particularly due to methicillin-resistant Staphylococcus aureus (MRSA).
  • "We believe that MicuRx can offer an important new choice for DFI treatment with flexibility of oral and IV formulations."

Sepsis Alliance Calls on Biden-Harris Administration for a National Sepsis Action Plan

Retrieved on: 
Montag, September 11, 2023
Infection, Innovation Act, Education, Sepsis, Sepsis Alliance, Cancer, Congress, Death, Hospital, MD, SAN, World Health Organization, United Kingdom, Diagnosis, Government, Moral and National Education controversy, Pelvic floor dysfunction, Health care, Management, Pharmaceutical industry, Medical device, Outcome

SAN DIEGO, Sept. 11, 2023 /PRNewswire-PRWeb/ -- Sepsis Alliance, an education and advocacy organization dedicated to saving lives from sepsis across the U.S., is calling on the Biden-Harris Administration to develop and implement a National Sepsis Action Plan for addressing and eliminating the national burden of sepsis. The World Health Organization and the G7 have called for international action aimed at reducing the human and economic burdens of this devastating condition. Some nations, including Switzerland and the United Kingdom, have implemented national sepsis strategies, but the United States has yet to do so. A National Sepsis Action Plan is urgently needed to guide work aimed at countering sepsis, saving lives, and reducing healthcare costs.

Key Points: 
  • SAN DIEGO, Sept. 11, 2023 /PRNewswire-PRWeb/ -- Sepsis Alliance, an education and advocacy organization dedicated to saving lives from sepsis across the U.S., is calling on the Biden-Harris Administration to develop and implement a National Sepsis Action Plan for addressing and eliminating the national burden of sepsis.
  • A National Sepsis Action Plan is urgently needed to guide work aimed at countering sepsis, saving lives, and reducing healthcare costs.
  • A National Sepsis Action Plan in the United States would work to bring together relevant government agencies and stakeholders, organize a national response to sepsis, and help improve sepsis diagnosis and treatment.
  • Sepsis Alliance urges the Biden-Harris Administration to develop and implement a National Sepsis Action Plan, catalyzing efforts to solve this deadly and costly condition.

KBRA Assigns BBB Preliminary Rating to Colorado High Performance Transportation Enterprise’s $501 Million I-25 North Express Lanes Revenue Bonds (TIFIA)

Retrieved on: 
Donnerstag, Juli 13, 2023
Banking, Professional Services, Finance, Transportation Infrastructure Finance and Innovation Act, DSCR, Employment, Innovation Act, Interest, U.S. Department of Agriculture Cotton Annex, KBRA, Carbon, E470, Outlook, BBB, HPTE, Secretary of State of Colorado, CDOT, Risk, Colorado Department of Transportation, Policy, KPRS, Population growth, Bank, Oil, Risk management, Transport

KBRA assigns its BBB preliminary rating to the proposed issuance of the Colorado High Performance Transportation Enterprise (HPTE) I-25 North Express Lanes Revenue Bonds.

Key Points: 
  • KBRA assigns its BBB preliminary rating to the proposed issuance of the Colorado High Performance Transportation Enterprise (HPTE) I-25 North Express Lanes Revenue Bonds.
  • The financing plan consists of a loan of up to $501 million from the U.S. Department of Transportation (the lender) to HPTE.
  • This bond constitutes federal project credit assistance under the Transportation Infrastructure Finance and Innovation Act (TIFIA) for the I-25 North Express Lanes Project (the project and bonds together referred to as the TIFIA bond).
  • These attributes and the project’s KBRA Project Risk Score (KPRS) score of Strong support a BBB rating for a project of this nature.

Aridis’ AR-301 Monoclonal Antibody is Among the First Biologics to Receive FDA’s Qualified Infectious Diseases Product (QIDP) Designation

Retrieved on: 
Mittwoch, Juli 12, 2023
China Biologic Products, Biologics license application, Drug development, Food and Drug Administration Safety and Innovation Act, Innovation Act, QIDP, CAP, Infection, Omnibus spending bill, S, AMR, Staphylococcus, GAIN, Patient, Immunoglobulin G, VAP, Mab, Consolidated Appropriations Act, 2022, LOS, ICU, Saleh al Aridi, HAP, FDA, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, BLA, Pneumonia, Food, Pharmaceutical industry, FDASIA

"Our AR-301 program will now benefit from the FDA's priority review, in addition to previously awarded Fast-Track status, allowing for accelerated drug development and regulatory review processes.

Key Points: 
  • "Our AR-301 program will now benefit from the FDA's priority review, in addition to previously awarded Fast-Track status, allowing for accelerated drug development and regulatory review processes.
  • This sought-after designation positions our AR-301 program extremely well as we continue to advance it through a confirmatory Phase 3 trial and license application."
  • AR-301 specifically targets S. aureus alpha-toxin, which has been implicated in the pathogenesis of pneumonia caused by S. aureus bacteria.
  • Aridis received positive feedback from the FDA in May 2023 on the Company's proposed single confirmatory Phase 3 study of AR-301.

Biocom California Appoints New Members to its Board of Directors

Retrieved on: 
Dienstag, Mai 23, 2023
Science, Other Science, Biotechnology, Research, Pharmaceutical, Health, Medical Devices, Genetics, Insurance, Patent, Intellectual property, Innovation Act, United States patent law, Head, DE, Cooley, Patient, ANDA, Piper, Ovarian cancer, DLA Piper, Marsh, Management

Biocom California, the association representing the California life science industry, today announced that it appointed Ken Rollins, partner at Cooley, Susan Krumplitsch, partner at DLA Piper, and Nick Tait, principal and practice leader at Marsh & McLennan Agency, to its board of directors.

Key Points: 
  • Biocom California, the association representing the California life science industry, today announced that it appointed Ken Rollins, partner at Cooley, Susan Krumplitsch, partner at DLA Piper, and Nick Tait, principal and practice leader at Marsh & McLennan Agency, to its board of directors.
  • Current board member Ranjeet Banerjee, chief executive officer of Cold Chain Technologies, was appointed as the board’s vice chair of DE&I.
  • “As the California life science community continues to evolve and grow, we choose passionate leaders with deep knowledge of the industry to help us meet the needs of our member companies across the state,” said Joe Panetta, president and CEO of Biocom California.
  • Mr. Tait has been an advocate for Biocom California and the life science community for over a decade.

AWWA fly-in delegates take water matters to U.S. Congress

Retrieved on: 
Mittwoch, März 22, 2023
CERCLA, Legislation, Innovation Act, United States farm bill, PFAS, Superfund, Public, Policy, Quality of life, Development aid, Human, Attention, Rural area, American Water Works Association, Natural Resources Conservation Service, Congress, EPA, Inflation, SRF, Safe Drinking Water Act, Water, AWWA, United States Department of Agriculture, Inflation Reduction Act of 2022, Environment, Whaling, Bank, Medical device, Renewable energy

WASHINGTON, March 22, 2023 /PRNewswire-PRWeb/ -- More than 140 water leaders from throughout the United States gathered in Washington, D.C. today to advocate for smart water policy to members of Congress at the 21st American Water Works Association (AWWA) Water Matters! Fly-In.

Key Points: 
  • AWWA Water Utility Council Chair Ken Lykens noted the fly-in is an annual opportunity "to become the voice for water issues on Capitol Hill."
  • WASHINGTON, March 22, 2023 /PRNewswire-PRWeb/ -- More than 140 water leaders from throughout the United States gathered in Washington, D.C. today to advocate for smart water policy to members of Congress at the 21st American Water Works Association (AWWA) Water Matters!
  • AWWA delegates are meeting with their respective representatives, senators and congressional staffs in more than 300 meetings over the next two days.
  • AWWA Water Utility Council Chair Ken Lykens noted the fly-in is an annual opportunity "to become the voice for water issues on Capitol Hill."

Jacobs to Design and Build Advanced Water Reuse Facility in Los Angeles

Retrieved on: 
Mittwoch, März 1, 2023
Annual report, Groundwater, Sanitation, NYSE, Water resources, Los Angeles Department of Water and Power, Risk, LADWP, Private sector, City, Security (finance), Financial condition report, Hansen, Management, Result, Government, Innovation Act, Drinking water, Infrastructure Investment and Jobs Act, Water, Conversation, Analysis, Donald, COVID-19, Construction, Environment

DALLAS, March 1, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been selected by LA Sanitation and Environment (LASAN) and the Los Angeles Department of Water and Power (LADWP) as the progressive design-build contractor for the Donald C. Tillman Advanced Water Purification Facility (AWPF). The project is a key part of the City of Los Angeles' long-term water management objective to fully reuse its water supplies and is one of the largest potable reuse projects in the country. 

Key Points: 
  • DALLAS, March 1, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been selected by LA Sanitation and Environment (LASAN) and the Los Angeles Department of Water and Power (LADWP) as the progressive design-build contractor for the Donald C. Tillman Advanced Water Purification Facility (AWPF).
  • The project is a key part of the City of Los Angeles' long-term water management objective to fully reuse its water supplies and is one of the largest potable reuse projects in the country.
  • Taking this innovative and collaborative approach to tackle water shortages in Los Angeles offers a safe, sustainable and effective way to manage water resources and address water scarcity issues in the state."
  • A global leader in water , Jacobs has more than 25 years industry-leading experience in the water design-build space and has delivered more than 150 design-build projects and programs.