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Ecopol Announces Strategic Investment in JRF Technology

Retrieved on: 
Thursday, December 7, 2023

Ecopol S.p.A. (“Ecopol”), a leading developer and producer of innovative biodegradable films and delivery systems, announced today it has completed a strategic investment in JRF Technology LLC (“JRF” or the “Company”), a leading developer of water-soluble polymer and edible film technology.

Key Points: 
  • Ecopol S.p.A. (“Ecopol”), a leading developer and producer of innovative biodegradable films and delivery systems, announced today it has completed a strategic investment in JRF Technology LLC (“JRF” or the “Company”), a leading developer of water-soluble polymer and edible film technology.
  • Founded in 2007 and based in Tampa, Florida, JRF is an innovation and R&D organization focused exclusively on water-soluble polymer and edible film technology.
  • “Our strategic investment in JRF aligns well with Ecopol’s strategy to accelerate the development of the next generation of sustainable delivery systems,” said Ecopol CEO Mauro Carbone.
  • These steps represent the first in partnership with SK Capital Partners, LP (“SK Capital”), which made a strategic investment to acquire a majority stake in Ecopol in September 2023.

KalVista Pharmaceuticals Reports Second Fiscal Quarter Results and Provides Operational Update

Retrieved on: 
Thursday, December 7, 2023

(NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today provided an operational update and released financial results for the second fiscal quarter ended October 31, 2023.

Key Points: 
  • (NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today provided an operational update and released financial results for the second fiscal quarter ended October 31, 2023.
  • The increase in R&D expenses during the quarter primarily reflects the ongoing Phase 3 KONFIDENT and KONFIDENT-S trials.
  • The increase in G&A expenses was primarily due to increases in employee-related expenses, commercial strategy and supply chain expenses.
  • The decrease in the net cash and marketable securities position was due to cash consumption from operating expenses.

Rolling Wireless Consolidates Sourcing into Luxembourg Head Office, Affirming Commitment to Operational Independence

Retrieved on: 
Thursday, December 7, 2023

Rolling Wireless, the world’s leading supplier of network access devices (NADs) to the automotive industry, today announced that it has consolidated its sourcing operations into Rolling Wireless SARL, its Luxembourg-based head office.

Key Points: 
  • Rolling Wireless, the world’s leading supplier of network access devices (NADs) to the automotive industry, today announced that it has consolidated its sourcing operations into Rolling Wireless SARL, its Luxembourg-based head office.
  • Effective as of November 1st, 2023, all sourcing and procurement operations are conducted from Rolling Wireless SARL.
  • The operational move pertains exclusively to procurement, and does not impact current supply and billing procedures for Rolling Wireless customers.
  • “Since its divestiture from Sierra Wireless in 2020, Rolling Wireless has been a standalone European company operating fully independently from its investors,” said Andreas Kohn, Chief Operating Officer of Rolling Wireless.

Milliman launches research tool built on CMS Qualified Entity Data

Retrieved on: 
Thursday, December 7, 2023

The Milliman Qualified Entity Reporting Dashboard provides newfound visibility into healthcare provider performance metrics and SDoH characteristics.

Key Points: 
  • The Milliman Qualified Entity Reporting Dashboard provides newfound visibility into healthcare provider performance metrics and SDoH characteristics.
  • The Milliman Qualified Entity Reporting Dashboard is available for public use at http://www.milliman.com/qualifiedentity .
  • The tool was developed by Milliman to support its participation in the Centers for Medicare and Medicaid Services (CMS) Qualified Entity Program.
  • “Our membership in the Qualified Entity Program has given Milliman the opportunity to bring new insights to the market.

RedNevada.AI Launches RAI, The Market Leading AI Recruitment Tool

Retrieved on: 
Tuesday, December 5, 2023

RedNevada.AI, the leading provider of AI enabled software, has announced today the launch of RAI, the most comprehensive and advanced recruitment and resourcing co-pilot solution in the market.

Key Points: 
  • RedNevada.AI, the leading provider of AI enabled software, has announced today the launch of RAI, the most comprehensive and advanced recruitment and resourcing co-pilot solution in the market.
  • In late 2022, RedNevada.AI performed extensive market research into how AI technology could benefit the recruitment life cycle from initial job description through to placement.
  • “We are delighted to officially announce the launch of RAI, the leading AI enabled recruitment tool in the market.
  • Customers cover recruitment agencies, recruitment tech providers, leading software firms, the automotive industry, consultancy and manufacturing … demonstrating it truly is industry agnostic.

Global Diversity and Inclusion (D&I) Business Research Report 2023: Market to Reach $24.4 Billion by 2030 - Top Diversity, Equity, and Inclusion Trends for 2023 and Beyond - ResearchAndMarkets.com

Retrieved on: 
Monday, December 4, 2023

Innovator Diversity Key for Sustainable Innovation - But Is the System There Yet?

Key Points: 
  • Innovator Diversity Key for Sustainable Innovation - But Is the System There Yet?
  • Black Representation In The U.S Film Industry: A Special Focus
    What Better Indication of Rampant Sexual Objectification of Women Than This!
  • Salaries of Hollywood Stars by Age and Gender (In US$ 000s)
    Diverse Films Generate More Revenues!
  • It's a Fact
    What are the Solutions to Encourage & Build Diversity, Equity & Inclusion in the Movie Industry?

Leading Corporations Introduce Data Provenance Standards

Retrieved on: 
Thursday, November 30, 2023

Based on the work of experts from nineteen leading enterprises, the Data & Trust Alliance (D&TA) announced proposed data provenance standards, believed to be the first with cross-industry applicability.

Key Points: 
  • Based on the work of experts from nineteen leading enterprises, the Data & Trust Alliance (D&TA) announced proposed data provenance standards, believed to be the first with cross-industry applicability.
  • While the standards may not address every application of AI, we believe they fill an important, longstanding need.”
    D&TA’s eight proposed data provenance standards surface metadata on source, legal rights, privacy & protection, generation date, data type, generation method, intended use and restrictions and lineage.
  • “As a leading global provider of business decisioning data and analytics whose responsible AI strategy is anchored on transparency and trust, Dun & Bradstreet is pleased to partner with the Alliance to test the proposed data provenance standards,” said Gary Kotovets, chief data & analytics officer, Dun & Bradstreet.
  • The D&TA’s proposed data provenance standards will help businesses understand and manage data accordingly to safeguard its integrity.”
    JoAnn Stonier, Mastercard Fellow of Data and AI: “As AI advances rapidly and opportunities grow, so do data risks.

FPT Software Recognized in Everest Group Data and Analytics (D&A) Services for Mid-market Enterprises PEAK Matrix® Assessment 2023

Retrieved on: 
Wednesday, November 22, 2023

Global IT services provider FPT Software has been positioned as a Major Contender in Data and Analytics (D&A) Services for Mid-market Enterprises PEAK Matrix® Assessment 2023 for the first time.

Key Points: 
  • Global IT services provider FPT Software has been positioned as a Major Contender in Data and Analytics (D&A) Services for Mid-market Enterprises PEAK Matrix® Assessment 2023 for the first time.
  • View the full release here: https://www.businesswire.com/news/home/20231121118694/en/
    This research evaluates 29 providers offering D&A services for mid-market enterprises.
  • “This hallmark also proves FPT Software's visionary approach to Data.
  • By 2025, the company aims to become a globally recognized service provider in Cloud & Data.

Trivest Announces Launch and Branding of Cadex Solutions Corporation

Retrieved on: 
Tuesday, November 14, 2023

Trivest Partners LP (“Trivest”) is pleased to announce the rebranding of its order-to-cash management holding company, BII Services Corp (“BII”), to Cadex Solutions Corporation (“Cadex” or “Company”).

Key Points: 
  • Trivest Partners LP (“Trivest”) is pleased to announce the rebranding of its order-to-cash management holding company, BII Services Corp (“BII”), to Cadex Solutions Corporation (“Cadex” or “Company”).
  • Cadex was formed to simplify the complexities of the commercial order-to-cash process through digitally enabled services.
  • The new Cadex brand serves as the umbrella for a family of brands, which includes ABC-Amega, AG Adjustments, D&S Global Solutions, and TranSubro.
  • Each company remains the service provider that their customers know and trust while benefiting from the knowledge of the Cadex leadership team.

Vivani Medical Provides Business Update and Reports Third Quarter Financial Results

Retrieved on: 
Tuesday, November 14, 2023

Vivani Medical, Inc. (Nasdaq: VANI ) (“Vivani” or the “Company”), an innovative, preclinical-stage biopharmaceutical company developing novel, long-term drug implants, today reported financial results for the third quarter of 2023 and provided a business update.

Key Points: 
  • Vivani Medical, Inc. (Nasdaq: VANI ) (“Vivani” or the “Company”), an innovative, preclinical-stage biopharmaceutical company developing novel, long-term drug implants, today reported financial results for the third quarter of 2023 and provided a business update.
  • In addition, we are announcing parallel plans to pursue the initiation of the FIH study in Australia.
  • Third Quarter ended September 30, 2023, Financial Results
    Cash Balance: As of September 30, 2023, Vivani had cash, cash equivalents and restricted cash totaling $26.2 million compared to $46.4 million as of December 31, 2022.
  • Research and development expense increased by $0.5 million, or 15%, to $4.4 million in the third quarter of 2023 from $3.9 million in the third quarter of 2022.