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Inman Announces 14 Real Estate Sponsors for Inman Connect June

Bradley Inman, Real estate agent, National Association of Realtors, Real estate industry, Real estate, Economy of the United States
Sunday, June 13, 2021 - 1:00am

TALLAHASSEE, Fla., June 12, 2021 /PRNewswire-PRWeb/ --Inman Group announced 14 real estate companies that will sponsor and exhibit at Inman Connect, a 3-day virtual event June 15 17, 2021.

Key Points: 
  • TALLAHASSEE, Fla., June 12, 2021 /PRNewswire-PRWeb/ --Inman Group announced 14 real estate companies that will sponsor and exhibit at Inman Connect, a 3-day virtual event June 15 17, 2021.
  • eXp Realty, The Real Estate Cloud Brokerage, is one of the fastest-growing, global residential real estate companies with more than 38,000 agents in the United States, Canada, the United Kingdom, Australia and South Africa.
  • IXACT Contact is a next-generation real estate CRM that gives real estate professionals all the tools they need to manage contact information, keep in touch communications, active business, and online presence.
  • About Inman | Inman News is the leading real estate news source for real estate agents, Realtors, brokers, real estate executives, and real estate technology leaders who need the latest real estate news, insights and analysis to grow their business and stay ahead of the competition.

Over $20,000,000 in Surplus PPE Inventory to be Sold at Auction in June

Corporate finance, Antiseptics, Cision, Hygiene, Auction, Inventory, Hand sanitizer
Saturday, June 12, 2021 - 9:00pm

NEW YORK, June 12, 2021 /PRNewswire-PRWeb/ -- AuctionAdvisors has been retained to conduct an online auction for over $20,000,000 in excess PPE.

Key Points: 
  • NEW YORK, June 12, 2021 /PRNewswire-PRWeb/ -- AuctionAdvisors has been retained to conduct an online auction for over $20,000,000 in excess PPE.
  • This sale, among the largest of its kind, includes Soap, Hand Sanitizer, Lotions, Disinfectant Wipes, Masks and Component Inventory.
  • The auction will take place online beginning on June 28th and ending at 3PM on June 30th.
  • The auction has a tremendous amount of merchandise and consists of almost 1,000 pallets of high end and brand name inventory.

Freshpet Voluntarily Recalls One Lot of Freshpet® Select Small Dog Bite Size Beef & Egg Recipe Dog Food Due to Potential Salmonella Contamination

Infectious diseases, Medical specialties, Neglected tropical diseases, Tropical diseases, Clinical medicine, Gram-negative bacteria, Pathogenic bacteria, Salmonella, Zoonoses
Saturday, June 12, 2021 - 6:51pm

BETHLEHAM, Pa., June 12, 2021 /PRNewswire/ --Freshpet Inc. is announcing a voluntary recall ofa single lot ofFreshpet SelectSmallDogBiteSizeBeef&EggRecipe Dog Food (1 LB bags), with Sell by Date 10/30/2021, due to potential contamination with Salmonella.

Key Points: 
  • BETHLEHAM, Pa., June 12, 2021 /PRNewswire/ --Freshpet Inc. is announcing a voluntary recall ofa single lot ofFreshpet SelectSmallDogBiteSizeBeef&EggRecipe Dog Food (1 LB bags), with Sell by Date 10/30/2021, due to potential contamination with Salmonella.
  • Our Freshpet Team had designated this single lot for destruction, but it was inadvertently shipped to retailers in limited geographic markets between June 7 and June 10, 2021.
  • Rarely,Salmonellacan result in more serious ailments, including arterial infections, endocarditis, arthritis, muscle pain, eye irritation, and urinary tract symptoms.
  • Sell by Date, along with UPC code and lot code, can be found on the bottom and back of each bag.

CGTN: What is behind young Chinese people's lofty ambitions?

Countries, Xi Jinping, Sent-down youths, Political ideologies, Asia, China
Saturday, June 12, 2021 - 6:48pm

Chinese President Xi Jinping quoted Wang's words in May 2018 to encourage young people to carry on the tradition.

Key Points: 
  • Chinese President Xi Jinping quoted Wang's words in May 2018 to encourage young people to carry on the tradition.
  • He called on young people to closely link their ideals to the future of the country and strive for national rejuvenation.
  • Xi found his career ambition at a young age when working in a small village in northwest China's Shaanxi Province.
  • Today, more and more young Chinese are joining the mission to create a better future for the country and its people.

Alzheimer's Association Statement: Next Steps For New Alzheimer's Treatment

Branches of biology, Aphasias, Cognitive disorders, Learning disabilities, Psychiatric diagnosis, Psychiatry, Medicine, Alzheimer's Association, Food and Drug Administration, Alzheimer's disease
Saturday, June 12, 2021 - 6:38pm

Alzheimer's Association's research experts and advisors are deeply familiar with the basic and regulatory science that led to the FDA's decision.

Key Points: 
  • Alzheimer's Association's research experts and advisors are deeply familiar with the basic and regulatory science that led to the FDA's decision.
  • Additionally, the FDA appropriately took into account the vast unmet need of the Alzheimer's community.
  • Aduhelm is certainly not a cure, but at long last it provides many with Alzheimer's disease and their families an effective treatment.
  • Our focus has and will continue to be access to this treatment for all likely to benefit.

SKT to Participate in E3 2021 to Showcase Exciting Korean Games

Video gaming, Skt, Electronic Arts, E3, SK Telecom, Video game, Companies, American culture, T1
Saturday, June 12, 2021 - 6:00pm

SKT will participate in 'E3 2021' for the first time as a South Korean telecommunication company and target the global console game market.

Key Points: 
  • SKT will participate in 'E3 2021' for the first time as a South Korean telecommunication company and target the global console game market.
  • With the participation of E3, SKT will begin to publish various video games and actively support South Korean game markets.
  • SEOUL, South Korea, June 12, 2021 /PRNewswire/ -- SK Telecom (hereinafter referred to as "SKT") will participate in the world's biggest game exhibition, 'E3 2021', for the first time as a South Korean telecommunication company to target the global console game market.
  • SKT expects E3 2021 to raise the awareness of console games created by Korean game developers and help these developers expand into the global market.

CGTN: What is behind young Chinese people's lofty ambitions?

Countries, Xi Jinping, Sent-down youths, Political ideologies, Asia, China
Saturday, June 12, 2021 - 5:52pm

Chinese President Xi Jinping quoted Wang's words in May 2018 to encourage young people to carry on the tradition.

Key Points: 
  • Chinese President Xi Jinping quoted Wang's words in May 2018 to encourage young people to carry on the tradition.
  • He called on young people to closely link their ideals to the future of the country and strive for national rejuvenation.
  • Xi found his career ambition at a young age when working in a small village in northwest China's Shaanxi Province.
  • Today, more and more young Chinese are joining the mission to create a better future for the country and its people.

Gentleman's Guru - Paving the Way for the Next Generation of Men's Formalwear

Articles, Culture, Humanities, Black tie, Suits, Fashion, Wedding
Saturday, June 12, 2021 - 5:00pm

LAS VEGAS, June 12, 2021 /PRNewswire/ --Gentleman's Guru is pleased to present their latest range of luxury formal wear and accessories exclusively for men.

Key Points: 
  • LAS VEGAS, June 12, 2021 /PRNewswire/ --Gentleman's Guru is pleased to present their latest range of luxury formal wear and accessories exclusively for men.
  • The collection currently featured is for the upcoming wedding season as well as for those gentlemen wishing to dress stylishly for parties and events.
  • Shopping online for formalwear at Gentleman's Guru provides the utmost convenience and gives its customers a sense of adventure in finding the ultimate wedding tuxedo.
  • Grooms looking for fashion-forward style and personalized service need to look no farther than Gentleman`s Guru.

Hufcor Announces Publishing of Environmental Product Declarations (EPDs)

Environmental impact assessment, Industrial ecology, Environmental product declaration, Life-cycle assessment, Sustainable design, Articles, Academic disciplines, Economy
Saturday, June 12, 2021 - 4:00pm

JANESVILLE, Wis., June 12, 2021 /PRNewswire-PRWeb/ -- Hufcor , the global leader in flexible space management and operable partitions, announces the publishing of seven Environmental Product Declarations (EPDs) for all its glass walls products, 640 series operable partitions and steel and aluminum track systems.

Key Points: 
  • JANESVILLE, Wis., June 12, 2021 /PRNewswire-PRWeb/ -- Hufcor , the global leader in flexible space management and operable partitions, announces the publishing of seven Environmental Product Declarations (EPDs) for all its glass walls products, 640 series operable partitions and steel and aluminum track systems.
  • An Environmental Product Declaration (EPD) is a summary report of a product's environmental performance based on Life Cycle Assessment (LCA), a scientific process which examines the environmental impacts associated with all stages of a product's life, from raw material extraction, through processing, manufacture, distribution, use, repair/maintenance, to end of life (disposal or recycling).
  • "SCS performed a life cycle assessment of the products for the EPDs, disclosing the environmental impacts of each product throughout its entire life cycle.
  • SCS Global Services (SCS) has been providing global leadership in third-party quality, environmental and sustainability verification, certification, auditing, testing, and standards development for three decades.

The Celest pendants with acoustic panels, provide modern lighting options for large high-traffic architectural spaces

Lighting, Glare
Saturday, June 12, 2021 - 3:00pm

Celest was designed with large, evenly-illuminated acrylic lenses to provide high lumen output in a comfortable, glare-free way.

Key Points: 
  • Celest was designed with large, evenly-illuminated acrylic lenses to provide high lumen output in a comfortable, glare-free way.
  • The geometric fixtures are available with color temperatures including 3000K, 3500K, and 4000K with semi-direct or direct-indirect light distribution options.
  • Acoustic solutions are becoming more important as we look to healthy office designs and large interior spaces of the future.
  • The Visa Lighting Celest pendants are large enough to provide significant acoustic effects without overloading a space.

Jimmy Mistry Launches Della Leaders Club, World's First Business Platform, Helping Leaders Evolve from a Life of Success to A Life of Significance

Mistry
Saturday, June 12, 2021 - 3:00pm

NEW YORK, June 12, 2021 /PRNewswire/ --Social entrepreneur Jimmy Mistry announced the launch of Della Leaders Club, a highly curated technology-enabled global platform.

Key Points: 
  • NEW YORK, June 12, 2021 /PRNewswire/ --Social entrepreneur Jimmy Mistry announced the launch of Della Leaders Club, a highly curated technology-enabled global platform.
  • Della Leaders Club is a Global Community that is eager to contribute and give back to society.
  • Della Leaders Club defines a transformative leader as someone who will Re-invigorate a company, Re-invent an industry and Re-boot society.
  • To learn more about Della Leaders Club, visit www.dellaleaders.com/home
    Della Leaders Club has over 2,000 Global Honorary Committee Members across 15 cities globally.

Rick Barnett is Recognized As NACD Directorship Certified™

National Association of Corporate Directors, Professional certification, Articles
Saturday, June 12, 2021 - 2:16pm

BOCA RATON, Fla., June 12, 2021 /PRNewswire/ -- CtisCare today announced that the National Association of Corporate Directors (NACD) recently recognized Rick Barnett, CtisCare Board Member as NACD Directorship Certified.

Key Points: 
  • BOCA RATON, Fla., June 12, 2021 /PRNewswire/ -- CtisCare today announced that the National Association of Corporate Directors (NACD) recently recognized Rick Barnett, CtisCare Board Member as NACD Directorship Certified.
  • NACD Certified Directors, who earn NACD Directorship Certification, signal to boards, investors, and other stakeholders that they possess the highest commitment to continuing director education available in the United States.
  • Rick Barnett recognized by the National Association of Corporate Directors as NACD Directorship Certified.
  • "I am honored to join the distinguished and diverse group of individuals who make up the NACD Directorship Certification community and who are committed to advancing the highest standards of boardroom excellence," said Rick Barnett NACD.DC].

Joint Statement by the Prime Minister of Canada, Justin Trudeau, and the President of the French Republic, Emmanuel Macron

Intergovernmental organizations, Articles, Carbis Bay, St Ives, Cornwall, Geography of Cornwall, World, Group of Seven, Emmanuel Macron, G20, Carbis, 47th G7 summit
Saturday, June 12, 2021 - 1:05pm

CARBIS BAY, UK, June 12, 2021 /CNW/ - Mr. Justin Trudeau, Prime Minister of Canada, and Mr. Emmanuel Macron, President of France, met in Carbis Bay, UK on June 12, 2021 on the margins of the G7.

Key Points: 
  • CARBIS BAY, UK, June 12, 2021 /CNW/ - Mr. Justin Trudeau, Prime Minister of Canada, and Mr. Emmanuel Macron, President of France, met in Carbis Bay, UK on June 12, 2021 on the margins of the G7.
  • They issued the following statement:
    The pandemic has hit our countries hard and has taken a heavy human toll.
  • Inspired by the resilience of our people, and driven by a spirit of solidarity, Canada and France reaffirm their commitment to working together to address the multidimensional challenges caused by the health crisis.
  • They reiterate their willingness to cooperate with their international partners, in particular their G7 and G20 partners, to work toward a sustainable and equitable post-COVID recovery.

China to deepen reform, opening-up, expand cooperation in new era

Countries, World, Asia, Commercial policy, Free-trade zone, Tax avoidance, Belt and Road Initiative, Xi Jinping, China
Saturday, June 12, 2021 - 12:28pm

"China will commit itself to building a cross-Pacific regional cooperation framework that benefits all parties.

Key Points: 
  • "China will commit itself to building a cross-Pacific regional cooperation framework that benefits all parties.
  • Meanwhile, China has signed cooperation agreements with 140 countries and 31 international organizations under the Belt and Road Initiative (BRI), since it was initiated in 2013.
  • China now has 21 pilot free trade zones (FTZs), after unveiling three new FTZs last year.
  • President Xi has previously pledged that "China's door of opening-up will not be closed and will only open even wider," signaling the clear intent for greater global cooperation.

China to deepen reform, opening-up, expand cooperation in new era

Countries, World, Asia, Commercial policy, Free-trade zone, Tax avoidance, Belt and Road Initiative, Xi Jinping, China
Saturday, June 12, 2021 - 12:05pm

"China will commit itself to building a cross-Pacific regional cooperation framework that benefits all parties.

Key Points: 
  • "China will commit itself to building a cross-Pacific regional cooperation framework that benefits all parties.
  • Meanwhile, China has signed cooperation agreements with 140 countries and 31 international organizations under the Belt and Road Initiative (BRI), since it was initiated in 2013.
  • China now has 21 pilot free trade zones (FTZs), after unveiling three new FTZs last year.
  • President Xi has previously pledged that "China's door of opening-up will not be closed and will only open even wider," signaling the clear intent for greater global cooperation.

Janssen Announces Results from Phase 3 MAIA Study Showing Significant Overall Survival Benefits for Treatment with DARZALEX® (daratumumab) in Patients with Newly Diagnosed Multiple Myeloma Who are Transplant Ineligible

Drugs, Health care, Orphan drugs, Daratumumab, Multiple myeloma, Lenalidomide, Bortezomib, Immunomodulatory imide drug, Dexamethasone, Daratumumab/hyaluronidase, Isatuximab
Saturday, June 12, 2021 - 12:00pm

"These results strongly support the use of daratumumab, lenalidomide and dexamethasoneas a new standard of care to extend survival and improve clinical outcomes in transplant ineligible patients with newly diagnosed multiple myeloma."

Key Points: 
  • "These results strongly support the use of daratumumab, lenalidomide and dexamethasoneas a new standard of care to extend survival and improve clinical outcomes in transplant ineligible patients with newly diagnosed multiple myeloma."
  • Janssen is committed to exploring the potential of DARZALEX (daratumumab) for patients with multiple myeloma across the spectrum of the disease.
  • Overall Survival Results With Daratumumab, Lenalidomide and Dexamethasone Versus Lenalidomide and Dexamethasone in Transplant-ineligible Newly Diagnosed Multiple Myeloma: Phase 3 MAIA Study.
  • Risk of progression and survival in multiple myeloma relapsing after therapy with IMiDs and bortezomib: a multicenter international myeloma working group study.

Looking for answers: An American communist explores China

Political parties, Communist parties, Chinese nationalists, Chinese Civil War, Chinese Communist Party, Government of China, Xi Jinping, Communists
Saturday, June 12, 2021 - 11:47am

BEIJING, June 12, 2021 /PRNewswire/ -- As the Communist Party of China celebrates its 100th birthday this year, a young American communist is traveling around China to find out how the CPC works.

Key Points: 
  • BEIJING, June 12, 2021 /PRNewswire/ -- As the Communist Party of China celebrates its 100th birthday this year, a young American communist is traveling around China to find out how the CPC works.
  • President Xi Jinping has said the goal of the CPC is to meet people's aspiration for a better life.
  • Most recently, in the COVID-19 fight, China has put people's lives and health before anything else.
  • As part of its efforts to treat all fairly and equitably, China provides COVID-19 patients with free treatment.

Expert: Tariff warfare against China is futile

Economy, Customs duties, Inflation, Moody's Investors Service, Tariff, World economy, Articles
Saturday, June 12, 2021 - 11:19am

"But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."

Key Points: 
  • "But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."
  • The US trade deficit with China has increased, and US companies are bearing the brunt of elevated tariffs on Chinese goods, Tu said, citing a recent report by rating agency Moody's Investors Service.
  • This also resulted in higher inflation and fewer jobs, he added.
  • "China overtook the US as the world's top destination for foreign direct investment flows last year, which showed that attempts to force supply chain activities out of China are in vain," Tu said.

Expert: Tariff warfare against China is futile

Economy, Customs duties, Inflation, Moody's Investors Service, Tariff, World economy, Articles
Saturday, June 12, 2021 - 11:04am

"But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."

Key Points: 
  • "But such expectations have failed, while the tariff surges have damaged US companies' competence, dragged down US economic development, and hurt US people due to consequently higher product prices and fewer jobs."
  • The US trade deficit with China has increased, and US companies are bearing the brunt of elevated tariffs on Chinese goods, Tu said, citing a recent report by rating agency Moody's Investors Service.
  • This also resulted in higher inflation and fewer jobs, he added.
  • "China overtook the US as the world's top destination for foreign direct investment flows last year, which showed that attempts to force supply chain activities out of China are in vain," Tu said.

Perfect World to pioneer digital culture and creative sector in joint hands with partners

Jiangnan, Wuxi, Yangtze River Delta, Scenic
Saturday, June 12, 2021 - 9:32am

Perfect World CEO Dr. Robert H. Xiao said at the conference that after all the successful cases, Perfect World has been more confident about cross-over cooperation between digital culture industry and traditional industries.

Key Points: 
  • Perfect World CEO Dr. Robert H. Xiao said at the conference that after all the successful cases, Perfect World has been more confident about cross-over cooperation between digital culture industry and traditional industries.
  • In its collaboration with Nianhuawan scenic spot in Wuxi, Perfect World gamified the scenic spots, and brought tourists an immersive experience by combing the scenic spot and the digital world.
  • "And we hope to joint hands with our partners to unlock a new track in this 'experimental production' of the culture industry that faces the future," he added.
  • Perfect World will tailor a whole set of solutions and plans on digital upgrading partners' products based on their requirements.

Perfect World to pioneer digital culture and creative sector in joint hands with partners

Jiangnan, Wuxi, Yangtze River Delta, Perfect World
Saturday, June 12, 2021 - 9:20am

Perfect World CEO Dr. Robert H. Xiao said at the conference that after all the successful cases, Perfect World has been more confident about cross-over cooperation between digital culture industry and traditional industries.

Key Points: 
  • Perfect World CEO Dr. Robert H. Xiao said at the conference that after all the successful cases, Perfect World has been more confident about cross-over cooperation between digital culture industry and traditional industries.
  • He promised that Perfect World will keep exploring to establish a value chain that empowers traditional industries, and incubate more new types of culture content, products, and business models.
  • In its collaboration with Nianhuawan scenic spot in Wuxi, Perfect World gamified the scenic spots, and brought tourists an immersive experience by combing the scenic spot and the digital world.
  • Perfect World will tailor a whole set of solutions and plans on digital upgrading partners' products based on their requirements.

Daiki Axis Co., Ltd. (4245, First Section, Tokyo Stock Exchange) Overview of Operating Performance for the First Three Months Ended March 31, 2021

Economic impact of the COVID-19 pandemic
Saturday, June 12, 2021 - 8:26am

TOKYO, June 11, 2021 /PRNewswire/ -- In the three months ended March 31, 2021, net sales increased while profit declined.

Key Points: 
  • TOKYO, June 11, 2021 /PRNewswire/ -- In the three months ended March 31, 2021, net sales increased while profit declined.
  • The business environment surrounding the Company remained sluggish during the three months ended March 31, 2021 due to impact from the COVID-19 pandemic.
  • Net sales generated during the three months ended March 31, 2021 amounted to JPY9,878 million (up 3.0% YoY).
  • However, the supply of these products encountered no such obstacles during the three months ended March 31, 2021, and corresponding sales increased substantially.

European Hematology Association: Overall Survival Benefit Established With Daratumumab Plus Lenalidomide and Dexamethasone (D-Rd) in Elderly Patients with Transplant-ineligible Newly Diagnosed Multiple Myeloma (NDMM): Long-Term Interim Analysis of the MAI

Drugs, Orphan drugs, Health sciences, Monoclonal antibodies, Health care, Breakthrough therapy, Daratumumab, Survival rate
Saturday, June 12, 2021 - 8:00am

At a median follow-up of almost 5 years (56.2 months), we now report the pre-specified interim overall survival analysis of MAIA.

Key Points: 
  • At a median follow-up of almost 5 years (56.2 months), we now report the pre-specified interim overall survival analysis of MAIA.
  • These results are despite 46% of patients who received subsequent therapy in the Rd arm receiving daratumumab.
  • The high overall response rate (93% vs 82%) further demonstrated the added clinical benefit of D-Rd versus Rd alone.
  • The Congress is aimed at health professionals working in or interested in the field of hematology.

European Hematology Association - Pegcetacoplan Maintains a Durable Response in Patients with Paroxysmal Nocturnal Hemoglobinuria Through Week 48

Medical specialties, Clinical medicine, Acquired hemolytic anemia, Complement system, Orphan drugs, Organ systems, Paroxysmal nocturnal hemoglobinuria, Eculizumab, Pegcetacoplan, Hemoglobinuria
Saturday, June 12, 2021 - 8:00am

After week 16, patients entered an open-label period where all patients were placed on pegcetacoplan treatment.

Key Points: 
  • After week 16, patients entered an open-label period where all patients were placed on pegcetacoplan treatment.
  • Here, we show the efficacy and safety of pegcetacoplan in 77 patients through 48 weeks of treatment.
  • Improvement of hemoglobin (Hb) level was maintained through Week 48 in all patients treated with pegcetacoplan monotherapy.
  • In conclusion, patients with suboptimal response to eculizumab experienced durable treatment effect when switched to pegcetacoplan, suggesting that pegcetacoplan is an effective therapeutic option for patients with paroxysmal nocturnal hemoglobinuria.

European Hematology Association - Daratumumab Maintenance Improves Progression-Free Survival After Autologous Stem Cell Transplantation in Multiple Myeloma Patients

Branches of biology, Biology, Life sciences, Orphan drugs, Breakthrough therapy, Daratumumab, Progression-free survival, ASCT, VTD-XML, Stem cell, Hematopoietic stem cell transplantation
Saturday, June 12, 2021 - 8:00am

The results of the study showed superior efficacy of D-VTd over VTd alone in combination with autologous stem cell transplantation (ASCT), which led to the regulatory approval of the treatment.

Key Points: 
  • The results of the study showed superior efficacy of D-VTd over VTd alone in combination with autologous stem cell transplantation (ASCT), which led to the regulatory approval of the treatment.
  • Our interim analysis showed that patients maintained with daratumumab exhibited significantly longer progression-free survival (PFS) compared to the observation treatment arm.
  • Patients who received D-VTd in part 1 and were placed on daratumumab maintenance showed comparable PFS to the observation group.
  • Furthermore, daratumumab maintenance led to a significantly higher depth of response and no new safety signals were detected.

European Hematology Association: Overall Survival Benefit Established With Daratumumab Plus Lenalidomide and Dexamethasone (D-Rd) in Elderly Patients with Transplant-ineligible Newly Diagnosed Multiple Myeloma (NDMM): Long-Term Interim Analysis of the MAI

Drugs, Orphan drugs, Health sciences, Monoclonal antibodies, Health care, Breakthrough therapy, Daratumumab, Survival rate
Saturday, June 12, 2021 - 8:00am

At a median follow-up of almost 5 years (56.2 months), we now report the pre-specified interim overall survival analysis of MAIA.

Key Points: 
  • At a median follow-up of almost 5 years (56.2 months), we now report the pre-specified interim overall survival analysis of MAIA.
  • These results are despite 46% of patients who received subsequent therapy in the Rd arm receiving daratumumab.
  • The high overall response rate (93% vs 82%) further demonstrated the added clinical benefit of D-Rd versus Rd alone.
  • The Congress is aimed at health professionals working in or interested in the field of hematology.

European Hematology Association - Pegcetacoplan Maintains a Durable Response in Patients with Paroxysmal Nocturnal Hemoglobinuria Through Week 48

Medical specialties, Clinical medicine, Acquired hemolytic anemia, Complement system, Orphan drugs, Organ systems, Paroxysmal nocturnal hemoglobinuria, Eculizumab, Pegcetacoplan, Hemoglobinuria
Saturday, June 12, 2021 - 8:00am

After week 16, patients entered an open-label period where all patients were placed on pegcetacoplan treatment.

Key Points: 
  • After week 16, patients entered an open-label period where all patients were placed on pegcetacoplan treatment.
  • Here, we show the efficacy and safety of pegcetacoplan in 77 patients through 48 weeks of treatment.
  • Improvement of hemoglobin (Hb) level was maintained through Week 48 in all patients treated with pegcetacoplan monotherapy.
  • In conclusion, patients with suboptimal response to eculizumab experienced durable treatment effect when switched to pegcetacoplan, suggesting that pegcetacoplan is an effective therapeutic option for patients with paroxysmal nocturnal hemoglobinuria.

European Hematology Association - Daratumumab Maintenance Improves Progression-Free Survival After Autologous Stem Cell Transplantation in Multiple Myeloma Patients

Branches of biology, Biology, Life sciences, Orphan drugs, Breakthrough therapy, Daratumumab, Progression-free survival, ASCT, VTD-XML, Stem cell, Hematopoietic stem cell transplantation
Saturday, June 12, 2021 - 8:00am

The results of the study showed superior efficacy of D-VTd over VTd alone in combination with autologous stem cell transplantation (ASCT), which led to the regulatory approval of the treatment.

Key Points: 
  • The results of the study showed superior efficacy of D-VTd over VTd alone in combination with autologous stem cell transplantation (ASCT), which led to the regulatory approval of the treatment.
  • Our interim analysis showed that patients maintained with daratumumab exhibited significantly longer progression-free survival (PFS) compared to the observation treatment arm.
  • Patients who received D-VTd in part 1 and were placed on daratumumab maintenance showed comparable PFS to the observation group.
  • Furthermore, daratumumab maintenance led to a significantly higher depth of response and no new safety signals were detected.

The All-New 2022 Lexus NX: Designed, Engineered with the Future of Luxury in Mind

Cars, Motor vehicles, Car classifications, Sedans, Sports sedans, Lexus, Lexus LF, Lexus LS
Saturday, June 12, 2021 - 4:00am

The all-new 2022 Lexus NX delivers a long list of firsts, including the all-new Lexus Interface multimedia system designed with the North American market in mind.

Key Points: 
  • The all-new 2022 Lexus NX delivers a long list of firsts, including the all-new Lexus Interface multimedia system designed with the North American market in mind.
  • From the refined spindle grille to the new full-width blade taillamps and LEXUS rear badging, the all-new 2022 Lexus NX emits a powerful message to those approaching the luxury crossover.
  • Since then, Lexus has developed its lineup to meet the needs of global luxury customers in more than 90 countries.
  • Lexus is committed to being a visionary brand that anticipates the future for luxury customers.

Toyota Motor North America Introduces Next-Generation Multimedia System To Deliver Best In-Car User Experience

Cars, Motor vehicles, Companies, Lexus, Toyota, Sedans, Full-size vehicles, Flagship vehicles, Executive cars
Saturday, June 12, 2021 - 3:59am

All screens feature modern designs with optically bonded, glare reducing technology allowing a customer experience that mirrors smartphone-like capability.

Key Points: 
  • All screens feature modern designs with optically bonded, glare reducing technology allowing a customer experience that mirrors smartphone-like capability.
  • No passwords or PINS are required, creating a seamless guest experience for users registered on the Toyota or Lexus App.
  • An all-new Toyota multimedia system will debut in the fourth quarter of 2021, with more information available closer to launch.
  • Based in Plano, Texas, Toyota Connected North America (TCNA) was established in 2016 to drive Toyota's global efforts for an intelligent mobile society.

Industrial Wireless Market in Process Industries|$ 2.70 billion growth expected during 2021-2025|17000+ Technavio Research Reports

Wireless networking, Telecommunications, Computer networking, Technology, Wireless LAN controller, Wireless connection management utility, Wireless, Belden
Saturday, June 12, 2021 - 3:30am

NEW YORK, June 11, 2021 /PRNewswire/ -- The industrial wireless market in the process industries is expected to grow by USD 2.70 billion during 2021-2025, according to Technavio.

Key Points: 
  • NEW YORK, June 11, 2021 /PRNewswire/ -- The industrial wireless market in the process industries is expected to grow by USD 2.70 billion during 2021-2025, according to Technavio.
  • Key Considerations for Market Forecast:
    Major Three Industrial Wireless Market In Process Industries Market Participants:
    ABB Ltd. offers TropOS mesh routers, antennas, wireless I/O modules, wireless sensor/actuator interfaces, and wireless power supplies for the industrial and process automation sector.
  • Belden Inc. offers industrial wireless solutions such as OpenBAT Wireless platform, BAT450-F Industrial Wireless LAN Access Points, BAT867-R Industrial Wireless Access Points, Wireless LAN controller, and BAT-C Wireless LAN Client for process industries.
  • Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/industrial-wireless-market-in-process-i...
    Industrial Wireless Market In Process Industries 2021-2025: Segmentation
    The industrial wireless market in process industries is segmented as below:

Marketing Automation Software Category Market to reach 2.69 Billion by 2024 | SpendEdge

Marketing automation, Automation
Saturday, June 12, 2021 - 3:00am

SpendEdge has been monitoring the Marketing Automation Software Category market and it is poised to grow by 2.69 Billion during 2020-2024.

Key Points: 
  • SpendEdge has been monitoring the Marketing Automation Software Category market and it is poised to grow by 2.69 Billion during 2020-2024.
  • The Marketing Automation Software Category market is expected to have a CAGR of 9.82% during 2020-2024.
    Who are the top players in the market?
  • Subscription-based model, consumption-based model, and perpetual license model are the widely adopted pricing models in Marketing Automation Software Category Market.
  • Request for a FREE sample to access the definite purchasing guide on Marketing Automation Software Category procurement.

Lijah Lu Releases New Music Video for Hit Single 'Back Out'

Saturday, June 12, 2021 - 1:45am

LOS ANGELES, June 11, 2021 /PRNewswire/ -- Lijah Lu is set to drop his new music video for his wildlyanticipated single "Back Out" June 12th 2021!

Key Points: 
  • LOS ANGELES, June 11, 2021 /PRNewswire/ -- Lijah Lu is set to drop his new music video for his wildlyanticipated single "Back Out" June 12th 2021!
  • Falling in love with music at the age of 11, Elijah Liu is a self-taught musician from Rowland Heights, CA.
  • The video for Lijah Lu's newest single "Back Out" features the singer cruising down the PCH with his girlfriend.
  • Produced by ALXB and directed by Young Bolo, the video is shot in an idyllic setting driving along the coast, with clips of Lijah Lu singing in a pure white room.

Xinhua Silk Road: Clean Energy Strait Summit kicks off on Thu. in SE. China's Fujian Zhangzhou

Zhangzhou
Saturday, June 12, 2021 - 1:43am

BEIJING, June 11, 2021 /PRNewswire/ -- Clean Energy Strait Summit, sponsored by Zhangzhou Municipal People's Government, China Economic Information Service (CEIS) and the Chinese Wind Energy Association of China Renewable Energy Society, kicked off on Thursday in Zhangzhou, southeast China's Fujian Province.

Key Points: 
  • BEIJING, June 11, 2021 /PRNewswire/ -- Clean Energy Strait Summit, sponsored by Zhangzhou Municipal People's Government, China Economic Information Service (CEIS) and the Chinese Wind Energy Association of China Renewable Energy Society, kicked off on Thursday in Zhangzhou, southeast China's Fujian Province.
  • More than 300 delegates including government officials, experts, scholars, and entrepreneurs attended the event.
  • According to Wang, the city will spare no efforts to provide best policies, deliver better services, and joins hands with investors to create a bright future for the clean energy industry.
  • At the summit, Zhangzhou Municipal Government clinched about 12 strategic cooperation agreements with domestic well-known enterprises and institutions on clean energy cooperation.

Prosthetic Robot Arm Market | $ 342.09 million growth expected during 2021-2025 | 17000+ Technavio Research Reports

Biological engineering, Biomedical engineering, Prosthesis, Robot, Science and technology, Technology
Saturday, June 12, 2021 - 1:30am

The prosthetic robot arm market is expected to grow by USD 342.09 million during 2021-2025, according to the new report from Technavio.

Key Points: 
  • The prosthetic robot arm market is expected to grow by USD 342.09 million during 2021-2025, according to the new report from Technavio.
  • In addition, technological advances are anticipated to boost the growth of the Prosthetic Robot Arm Market.
  • Hence, the demand for prosthetic robot arms increases considerably which in turn drives the prosthetic robot arm marketduring the forecast period.
  • Major Five Prosthetic Robot Arm Companies:
    exiii Inc. offers a prosthetic robot arm under the brand name EXOS Hand Unit.

Lifshitz Law Firm, P.C. Announces Investigation of CNST, EQT, FFWM, TGRF, MDP, MMAC, QTS, SLCT, FBNC, USCR

Common law, Equity, Fiduciary, Lifshitz
Saturday, June 12, 2021 - 1:15am

If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.

Key Points: 
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • announces investigation into possible breach of fiduciary duties in connection with the merger of EQT with Alta Resources Development.
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 1190 Broadway, Hewlett,New York 11557, Tel: (516)493-9780.

Kine Protocol Introduces Cross-Chain Asset Transformation on Binance Smart Chain Launch

Cryptocurrencies, Binance, Blockchains, Digital currencies, Cross-platform software, Ethereum, Payment systems, Concurrent computing
Saturday, June 12, 2021 - 12:57am

SINGAPORE, Jun 11th, 2021 /PRNewswire/ --Kine Protocol, an innovative protocol making decentralized derivative trading fast and transparent, has officially launched on the Binance Smart Chain (BSC) with a staking pool for kUSD/USDT and kUSD/KINE pairs.

Key Points: 
  • SINGAPORE, Jun 11th, 2021 /PRNewswire/ --Kine Protocol, an innovative protocol making decentralized derivative trading fast and transparent, has officially launched on the Binance Smart Chain (BSC) with a staking pool for kUSD/USDT and kUSD/KINE pairs.
  • Users can switch between the Ethereum or Binance Smart Chain.
  • On the Binance Smart Chain, users will be able to stake mainstream assets including BTCB, LTC, BCH, XRP, ETH and BNB.
  • Kine aims to address issues revolving high gas fees on the Ethereum network by implementing all of the staking features including kUSD minting/burning, rewards, and LP mining on the Binance Smart Chain.

Optima Tax Relief Partners with VITA to Provide Free Tax Filing Assistance

Taxation in the United States, Tax, Internal Revenue Service, Tax preparation in the United States
Saturday, June 12, 2021 - 12:50am

SANTA ANA, Calif., June 11, 2021 /PRNewswire-PRWeb/ --This year, Optima Tax Relief teamed up with the United Way and the IRS to provide assistance to low-income residents and other members of their surrounding community with free tax preparation services .

Key Points: 
  • SANTA ANA, Calif., June 11, 2021 /PRNewswire-PRWeb/ --This year, Optima Tax Relief teamed up with the United Way and the IRS to provide assistance to low-income residents and other members of their surrounding community with free tax preparation services .
  • By partnering with the IRS, the VITA program is able to offer reliable, trustworthy tax filing services for free.
  • Optima Tax Preparer Manager and VITA program participant Anne Tran said she would do the program again in the future if given the opportunity.
  • Optima Tax Relief is the nation's leading tax resolution firm providing assistance to individuals and businesses struggling with unmanageable IRS and state tax debts.

AAA Northern California Workers Vote To Join Teamsters Local 665

American Automobile Association, International Brotherhood of Teamsters, AAA, Insurance, Lucha Libre AAA Worldwide, Merced station, Transport, Land transport, Trade unions
Saturday, June 12, 2021 - 12:24am

SAN FRANCISCO, June 11, 2021 /PRNewswire/ --AAA insurance sales agents across Northern California have voted overwhelmingly to join Teamsters Local 665.

Key Points: 
  • SAN FRANCISCO, June 11, 2021 /PRNewswire/ --AAA insurance sales agents across Northern California have voted overwhelmingly to join Teamsters Local 665.
  • The 460 insurance sales agents with AAA Northern California work at 77 locations across six regions, stretching from Merced, Calif., to the Oregon border.
  • "These workers stood united because they deserve a strong voice and a secure future at AAA Northern California," said Tom Woods, Business Agent with Local 665.
  • It's time to take control of your future," said Jeff Wilkinson, a 29-year AAA Northern California insurance sales agent.

Checks & Balances Project Reaffirms Longstanding Independence

Investigative journalism
Saturday, June 12, 2021 - 12:12am

TYSONS CORNER, Va., June 11, 2021 /PRNewswire/ -- Checks and Balances Project (C&BP) today released the following statement in response to recent news coverage questioning the independence of its investigative work.

Key Points: 
  • TYSONS CORNER, Va., June 11, 2021 /PRNewswire/ -- Checks and Balances Project (C&BP) today released the following statement in response to recent news coverage questioning the independence of its investigative work.
  • For more than 10 years, Checks & Balances Project has used a combination of high-impact investigative journalism, blogging and watchdog work to expose public officials and organizations that abuse the public trust.
  • Checks and Balances Project is an investigative watchdog blog holding government officials, lobbyists, and corporate management accountable to the public.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/checks--balances-project-reaffir...
    SOURCE The Checks and Balances Project; Renew American Prosperity, Inc.

Falling Colors' executives earn recognition and awards in 2021

Saturday, June 12, 2021 - 12:12am

The New Mexico Technology Council named Pamela Koster, CEO of Falling Colors, as a 2021 Award Honoree in the 13th annual Women in Technology Awards.

Key Points: 
  • The New Mexico Technology Council named Pamela Koster, CEO of Falling Colors, as a 2021 Award Honoree in the 13th annual Women in Technology Awards.
  • Each year, the New Mexico Tech Council selects honorees from STEM industries, based on their "impact to their profession, volunteerism, mentorship, and entrepreneurialism."
  • The awards were celebrated virtually on June 10, with honorees accepting their awards via recorded remarks.
  • "In the past year, Falling Colors has put our ideals into practice on many levels, and I am grateful for the recognition of our efforts that this award represents," said Falling Colors CEO, Pamela Koster.

Tennessee Court Of Appeals Issues Orders Regarding State Court Default Judgment Against Endo

Civil procedure, Endo International, Default judgment, Court of Appeal of New Zealand, Appellate court, Court of Appeal, Law, Companies, Government
Saturday, June 12, 2021 - 12:02am

DUBLIN, June 12, 2021 /PRNewswire/ -- Endo International plc(NASDAQ: ENDP) today announced that the Tennessee Court of Appeals recently issued several orders with respect to a default judgment order on liability entered by the Circuit Court for Sullivan County, Tennessee in April 2021 against its wholly-owned subsidiaries Endo Health Solutions Inc. andEndo Pharmaceuticals Inc.(collectively, "Endo") in Case No.

Key Points: 
  • DUBLIN, June 12, 2021 /PRNewswire/ -- Endo International plc(NASDAQ: ENDP) today announced that the Tennessee Court of Appeals recently issued several orders with respect to a default judgment order on liability entered by the Circuit Court for Sullivan County, Tennessee in April 2021 against its wholly-owned subsidiaries Endo Health Solutions Inc. andEndo Pharmaceuticals Inc.(collectively, "Endo") in Case No.
  • Specifically, on June 8, 2021, the Tennessee Court of Appeals declined to review the default judgment order on a discretionary basis on the ground that a contempt judgment becomes final upon the entry of punishment and is immediately appealable as of right.
  • The Tennessee Court of Appeals also denied without prejudice Endo's motion to stay further proceedings in the trial court on the procedural ground that Endo must first seek a stay from the trial court.
  • The orders issued today by the Tennessee Court of Appeals do not dispose of Endo's appeal as of right.

Tennessee Court Of Appeals Issues Orders Regarding State Court Default Judgment Against Endo

Civil procedure, Endo International, Default judgment, Court of Appeal of New Zealand, Appellate court, Court of Appeal, Law, Companies, Government
Friday, June 11, 2021 - 11:51pm

DUBLIN, June 11, 2021 /PRNewswire/ -- Endo International plc(NASDAQ: ENDP) today announced that the Tennessee Court of Appeals recently issued several orders with respect to a default judgment order on liability entered by the Circuit Court for Sullivan County, Tennessee in April 2021 against its wholly-owned subsidiaries Endo Health Solutions Inc. andEndo Pharmaceuticals Inc.(collectively, "Endo") in Case No.

Key Points: 
  • DUBLIN, June 11, 2021 /PRNewswire/ -- Endo International plc(NASDAQ: ENDP) today announced that the Tennessee Court of Appeals recently issued several orders with respect to a default judgment order on liability entered by the Circuit Court for Sullivan County, Tennessee in April 2021 against its wholly-owned subsidiaries Endo Health Solutions Inc. andEndo Pharmaceuticals Inc.(collectively, "Endo") in Case No.
  • Specifically, on June 8, 2021, the Tennessee Court of Appeals declined to review the default judgment order on a discretionary basis on the ground that a contempt judgment becomes final upon the entry of punishment and is immediately appealable as of right.
  • The Tennessee Court of Appeals also denied without prejudice Endo's motion to stay further proceedings in the trial court on the procedural ground that Endo must first seek a stay from the trial court.
  • The orders issued today by the Tennessee Court of Appeals do not dispose of Endo's appeal as of right.

GP Transco Secures Fifth Crain's Fast 50 Listing

Crain's Chicago Business, Transco, National Transmission Corporation, Truck driver, Rockford, Illinois, Illinois, Draft:GP Transco
Friday, June 11, 2021 - 11:45pm

JOLIET, Ill., June 11, 2021 /PRNewswire/ --GP Transco, one of the fastest-growing trucking and logistics companies in the country, has been listed as a Crain's Fast 50 company for the fourth time.

Key Points: 
  • JOLIET, Ill., June 11, 2021 /PRNewswire/ --GP Transco, one of the fastest-growing trucking and logistics companies in the country, has been listed as a Crain's Fast 50 company for the fourth time.
  • Crain's Fast 50 is an annual listing published by Crain's Chicago Business, recognizing outstanding growth - "Here's our annual ranking of the fastest-growing companies in the Chicago area."
  • GP Transco Truck Drivers and Chicago Rockford International Airport staff worked tirelessly to unload and deliver the supplies.
  • GP Transco's sister companies include GP Transco Logistics and OpenRoad TMS.

Update on Janssen COVID-19 vaccines made with drug substance from Emergent BioSolutions

Health, Medicine, COVID-19 vaccines, Clinical trials, Emergent BioSolutions, Vaccine, Health Canada, Emergent, Adenoviridae, Johnson & Johnson COVID-19 vaccine, COVID-19 vaccination in Canada
Friday, June 11, 2021 - 11:23pm

To protect the health and safety of Canadians in response to concerns regarding a drug substance produced at the Emergent BioSolutions facility in Baltimore Maryland, Health Canada will not be releasing the shipment.

Key Points: 
  • To protect the health and safety of Canadians in response to concerns regarding a drug substance produced at the Emergent BioSolutions facility in Baltimore Maryland, Health Canada will not be releasing the shipment.
  • The drug substance produced at the Emergent BioSolutions facility was used in the manufacturing of this shipment of Janssen vaccines.
  • The drug substance was manufactured at the time a separate batch of vaccines was contaminated by the components of a different vaccine.
  • Health Canada was unable to determine that this shipment of Janssen vaccines meets the Department's rigorous quality standards.

Tetracore, Inc. Introduces First USDA-Licensed Real-Time PCR Test for the Detection of Foot and Mouth Disease Virus in Bovine, Swine and Ovine

Natural sciences, Laboratory techniques, Chemistry, Physical sciences, Molecular biology, Biotechnology, Polymerase chain reaction, Reverse transcription polymerase chain reaction, Real-time polymerase chain reaction, Assay, Foot-and-mouth disease virus
Friday, June 11, 2021 - 11:16pm

The VetAlert FMDV RNAhigh-performance test kit was developed by Tetracore scientists and will be commercialized and sold by Tetracore.

Key Points: 
  • The VetAlert FMDV RNAhigh-performance test kit was developed by Tetracore scientists and will be commercialized and sold by Tetracore.
  • Nearly two decades ago, Tetracore validated and published a real-time RT-PCR assay for FMDV, as described by Callahan et al.
  • The primer and probe set from the publication became part of the OIE and USDA reference test methods.
  • Tetracore is a biotechnology company specializing in the development and manufacture of diagnostic devices and assays for the detection of infectious diseases.

Labor Law Attorneys Zakay Law Group, APLC and JCL Law Firm, APC, File A Class Action Lawsuit Against Kensington Senior Alleging Failure to Provide Meal and Rest Periods

Eddie and Sol Zakay, Break, Kensington, Maryland
Friday, June 11, 2021 - 11:15pm

SAN MATEO, Calif., June 11, 2021 /PRNewswire-PRWeb/ -- The Northern California labor law attorneys, at Zakay Law Group, APLC and JCL Law Firm, APC , filed a class action complaint against Kensington Redwood City, LLC and Kensington Senior Living, LLC (collectively, "Kensington Senior") for allegedly failing to provide employees with legally compliant meal and rest periods.

Key Points: 
  • SAN MATEO, Calif., June 11, 2021 /PRNewswire-PRWeb/ -- The Northern California labor law attorneys, at Zakay Law Group, APLC and JCL Law Firm, APC , filed a class action complaint against Kensington Redwood City, LLC and Kensington Senior Living, LLC (collectively, "Kensington Senior") for allegedly failing to provide employees with legally compliant meal and rest periods.
  • Kensington Senior allegedly required its employees to perform work before and after their scheduled shifts, as well as during their off-duty meal breaks.
  • The lawsuit alleges Kensington Senior failed to compensate its employees for any of the time spent under the employer's control while working off-the-clock.
  • If you would like to know more about the Kensington Senior lawsuit, please contact Attorney Jackland K. Hom today by calling (619) 255-9047.

The Worldwide Biofertilizers Industry is Expected to Reach $4.5 Billion by 2026 at a CAGR of 11.9% from 2021

Biofertilizer
Friday, June 11, 2021 - 11:15pm

The global biofertilizers market is estimated to be valued at USD 2.6 billion in 2021 and is expected to reach a value of USD 4.5 billion by 2026, growing at a CAGR of 11.9% in terms of value during the forecast period.

Key Points: 
  • The global biofertilizers market is estimated to be valued at USD 2.6 billion in 2021 and is expected to reach a value of USD 4.5 billion by 2026, growing at a CAGR of 11.9% in terms of value during the forecast period.
  • The market for carrier-based biofertilizers as form segment is growing at the fastest rate during the forecast period in Asia Pacific region.
  • In order to improve the quality, shelf-life, and yield of fruits & vegetables, various inputs such as biofertilizers are being incorporated.
  • Thus, the need to improve per-hectare crop yield is another opportunity for the growth in demand for biofertilizers in South America.

Seadrill New Finance Limited (the "Issuer") - Update on Restructuring Discussions and SeaMex Ltd Joint Venture

Articles, Financial technology, Finance, Seadrill, Economy
Friday, June 11, 2021 - 11:07pm

The restructuring discussions include SeaMex Ltd ("SeaMex"), a 50/50 joint venture which Seadrill established with an investment fund controlled by Fintech Holdings Limited ("Fintech") in 2014.

Key Points: 
  • The restructuring discussions include SeaMex Ltd ("SeaMex"), a 50/50 joint venture which Seadrill established with an investment fund controlled by Fintech Holdings Limited ("Fintech") in 2014.
  • Seamexholding International, Inc. (a wholly owned subsidiary of Fintech) served a petition to place SeaMex under provisional liquidation in Bermuda.
  • The financial creditors of SeaMex remain fully supportive of SeaMex.
  • Such a restructuring is only at the SeaMex holding company level and will not impact the operational activities of the business.

Seadrill New Finance Limited (the "Issuer") - Update on Restructuring Discussions and SeaMex Ltd Joint Venture

Articles, Financial technology, Finance, Seadrill, Economy
Friday, June 11, 2021 - 11:05pm

The restructuring discussions include SeaMex Ltd ("SeaMex"), a 50/50 joint venture which Seadrill established with an investment fund controlled by Fintech Holdings Limited ("Fintech") in 2014.

Key Points: 
  • The restructuring discussions include SeaMex Ltd ("SeaMex"), a 50/50 joint venture which Seadrill established with an investment fund controlled by Fintech Holdings Limited ("Fintech") in 2014.
  • Seamexholding International, Inc. (a wholly owned subsidiary of Fintech) served a petition to place SeaMex under provisional liquidation in Bermuda.
  • The financial creditors of SeaMex remain fully supportive of SeaMex.
  • Such a restructuring is only at the SeaMex holding company level and will not impact the operational activities of the business.

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