Forge

New Hope Research Foundation and Forge Biologics Announce cGMP Manufacturing Partnership to Accelerate Gene Therapy for Patients with Tay-Sachs Disease

Retrieved on: 
Wednesday, June 28, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230628556153/en/
    “We are proud to be the CDMO partner for New Hope Research Foundation, an organization that is significantly advancing a gene therapy approach to provide hope for patients suffering from Tay-Sachs disease,” said Timothy J. Miller, Ph.D., CEO, President, and Co-Founder of Forge Biologics.
  • “At Forge, we are ready to partner with companies, nonprofit organizations, and gene therapy developers around the world, working towards the mission we share to bring potentially life-saving gene therapies to patients.”
    Through this partnership, Forge will provide adeno-associated virus (AAV) process development, analytical services, and cGMP manufacturing to New Hope Research Foundation.
  • The Foundation will leverage Forge’s platform processes, including its proprietary HEK293 suspension Ignition Cells™, to accelerate the initial production.
  • All development and AAV manufacturing activities will occur at the Hearth, Forge’s 200,000 square foot gene therapy facility in Columbus, Ohio.

Forge Nano Invests in the Future Workforce of Colorado as Partner of the Arrupe Jesuit High School Work Study Program

Retrieved on: 
Tuesday, June 27, 2023

DENVER, June 27, 2023 (GLOBE NEWSWIRE) -- Bolstering its commitment to a diverse and equal opportunity workforce, Forge Nano, Inc. – a global leader in surface engineering and precision nano-coating technology – has entered its second year as an industrial partner of the Arrupe Jesuit High School Work Study Program .

Key Points: 
  • DENVER, June 27, 2023 (GLOBE NEWSWIRE) -- Bolstering its commitment to a diverse and equal opportunity workforce, Forge Nano, Inc. – a global leader in surface engineering and precision nano-coating technology – has entered its second year as an industrial partner of the Arrupe Jesuit High School Work Study Program .
  • Hailed as an integral part of an Arrupe Jesuit education, the program provides opportunities for economically disadvantaged students to gain college-prep education through work experiences in entry-level corporate positions in the Denver Metro area.
  • As an industrial program partner, Forge Nano provides career mentoring and student tuition, giving students of all backgrounds the opportunity to gain highly sought-after skills.
  • With the goal of fostering an inclusive STEM program, Forge Nano first partnered with the Arrupe Jesuit High School in the Fall of 2022.

Forge Health Welcomes Guy Maytal, MD as Chief of Integrated Care

Retrieved on: 
Tuesday, June 27, 2023

Forge Health (“Forge” or the “Company”), a leading provider of value-based mental health and substance use care, today announced Guy Maytal, MD has joined the organization as Chief of Integrated Care and Head of Psycho-oncology.

Key Points: 
  • Forge Health (“Forge” or the “Company”), a leading provider of value-based mental health and substance use care, today announced Guy Maytal, MD has joined the organization as Chief of Integrated Care and Head of Psycho-oncology.
  • View the full release here: https://www.businesswire.com/news/home/20230627150161/en/
    In this role, Dr. Maytal will oversee the next generation of the Forge Health integrated care model, providing the highest quality mental health and substance use care to individuals with coexisting health conditions in close collaboration with their other medical providers.
  • “At Forge Health we believe that close collaboration between behavioral health professionals and physical medicine providers is critical to improving a patient’s overall well-being,” said Eric Frieman, co-founder and CEO of Forge Health.
  • “I’m thrilled to join Forge Health during this critical time of transformation in the healthcare industry," said Dr. Maytal.

Forge Global Added to U.S. Small-Cap Russell 2000® Index

Retrieved on: 
Monday, June 26, 2023

Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that it has been added as a member of the U.S. Small-Cap Russell 2000® Index (the “Russell 2000® Index”), as part of the 2023 Russell U.S. Index’s annual reconstitution.

Key Points: 
  • Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that it has been added as a member of the U.S. Small-Cap Russell 2000® Index (the “Russell 2000® Index”), as part of the 2023 Russell U.S. Index’s annual reconstitution.
  • Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index.
  • "Forge's inclusion in the Russell 2000® Index is particularly timely as we continue to drive value to institutional investors, including through our first index – the Forge Private Market Index," said Kelly Rodriques, CEO of Forge.
  • For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

Fintechs and credit unions launch new offerings from Central 1’s innovation platform

Retrieved on: 
Monday, June 12, 2023

VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Central 1 today announced the latest deployments from its innovation hub, Forge Community.

Key Points: 
  • VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Central 1 today announced the latest deployments from its innovation hub, Forge Community.
  • DUCA , a credit union participant that joined the collaborative platform last year, launched a new profit-share rewards program for their more than 92,000 members.
  • Credit union First West , in partnership with fintech thirdstream , collaborated to release a faster, more streamlined account origination experience.
  • “We welcomed several new fintechs and credit unions to Forge Community this year and it’s exciting to see the ecosystem thriving with innovation,” said Erick Wong, Central 1’s Chief Product Officer.

Forge Nano Raises US $50M to Build Out Battery Production Line to Meet Growing Demand for Premium Batteries

Retrieved on: 
Tuesday, June 6, 2023

The financing will allow Forge Nano to capitalize on its already growing commercial-scale nanotechnology opportunities for battery material as well as develop a battery production line to satisfy full-scale, premium battery contracts.

Key Points: 
  • The financing will allow Forge Nano to capitalize on its already growing commercial-scale nanotechnology opportunities for battery material as well as develop a battery production line to satisfy full-scale, premium battery contracts.
  • Plans are underway to launch construction of the pilot battery production line in Q2 2023 that will support applications including aerospace, consumer electronics, defense and more.
  • “This funding milestone allows us to fulfill the customer demand that already exists for our advanced batteries and equipment.
  • Leveraging all aspects of modern digital management infrastructure, the company anticipates its production capacity will increase five-fold while bringing efficiencies to tool production and capabilities.

Forge Biologics Joins Bespoke Gene Therapy Consortium (BGTC) as Partner to Accelerate the Development and Manufacturing of AAV Gene Therapies for Patients with Rare Diseases

Retrieved on: 
Tuesday, May 23, 2023

Forge Biologics, a leading manufacturer of genetic medicines, announced today that it has joined the Bespoke Gene Therapy Consortium (BGTC), a public-private collaboration to accelerate the delivery of promising new gene therapies to patients with rare diseases.

Key Points: 
  • Forge Biologics, a leading manufacturer of genetic medicines, announced today that it has joined the Bespoke Gene Therapy Consortium (BGTC), a public-private collaboration to accelerate the delivery of promising new gene therapies to patients with rare diseases.
  • Forge has appointed Christopher Shilling, Senior Vice President of Regulatory Affairs and Quality, to represent the Company on the BGTC’s Steering Committee.
  • The consortium was formed to help bridge the gap that exists in the current drug development model that makes it difficult for companies to recover the costs required to develop gene therapies to treat patients with rare diseases.
  • “Forge has a shared goal with the BGTC of accelerating access of effective genetic therapies to patients with rare diseases.

HONEYWELL UNVEILS HONEYWELL FORGE FOR BUILDINGS AND EXPANDS SUSTAINABILITY-FOCUSED APPLICATIONS

Retrieved on: 
Wednesday, May 24, 2023

Unveiled at Honeywell Connect 2023, Honeywell Forge for Buildings features software, hardware and services that deliver on key outcomes to help building owners and operators achieve sustainability, operational efficiency, occupant experience, compliance, safety and security, and resilience goals.

Key Points: 
  • Unveiled at Honeywell Connect 2023, Honeywell Forge for Buildings features software, hardware and services that deliver on key outcomes to help building owners and operators achieve sustainability, operational efficiency, occupant experience, compliance, safety and security, and resilience goals.
  • This means they need better integration and enablement capabilities of their smart building applications and solutions," said Kevin Dehoff, president and chief executive officer, Honeywell Connected Enterprise.
  • "We are integrating our purpose-built products that support multiple assets in a building with the SaaS capabilities of Honeywell Forge to create a singular approach to building operations.
  • Featured in the launch are expanded capabilities of the Honeywell Forge Sustainability+ for Buildings | Carbon and Energy Management application.

NOG Announces Joint Acquisition of Forge Energy Assets in the Permian Basin

Retrieved on: 
Monday, May 15, 2023

Upon closing, the operator of the assets will be Vital, with NOG participating in development pursuant to cooperation and joint operating agreements entered into with Vital in connection with the acquisition.

Key Points: 
  • Upon closing, the operator of the assets will be Vital, with NOG participating in development pursuant to cooperation and joint operating agreements entered into with Vital in connection with the acquisition.
  • Recent production on the Acquired Assets was approximately 3,400 Boe per day (2-stream, 79% oil).
  • “The Forge Assets are high-quality with the opportunity for clear and concise development to deliver the consistent performance our investors have come to expect.”
    Houlihan Lokey served as financial advisor to Vital and NOG for the Forge Assets acquisition.
  • RBC Richardson Barr is serving as financial advisor to Forge and O’Melveny & Myers is serving as legal counsel to Forge.

AM Best Revises Outlooks to Positive for Forge Insurance Company

Retrieved on: 
Wednesday, May 10, 2023

The positive outlooks reflect AM Best’s expectation for improvement in Forge’s operating results as it executes on its revised strategy.

Key Points: 
  • The positive outlooks reflect AM Best’s expectation for improvement in Forge’s operating results as it executes on its revised strategy.
  • In addition, Forge has developed a straight-through-processing underwriting approach for risks that meet certain criteria, with actuarially driven rates.
  • AM Best expects Forge’s currently elevated underwriting expense ratio to normalize as the company grows into this new segment through its scalable information technology-driven platform.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.