Saṃsāra

Food Cold Chain Track and Trace Technology Revenues Set to Exceed US$7 Billion Amid Growing Regulatory Scrutiny on Food Supply Chains

Retrieved on: 
Tuesday, April 9, 2024

The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.

Key Points: 
  • The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.
  • Global technology intelligence firm ABI Research projects that worldwide revenues from food cold chain track and trace operations will surpass US$7 billion by 2032, encompassing hardware sales and recurring SaaS subscriptions.
  • The need for real-time monitoring across the food supply chain has been exacerbated due to the regulatory compliance requirements in North America and Europe.
  • "Beyond regulatory compliance, food waste mitigation is also a key enabler for cold chain monitoring growth in the food industry.

Food Cold Chain Track and Trace Technology Revenues Set to Exceed US$7 Billion Amid Growing Regulatory Scrutiny on Food Supply Chains

Retrieved on: 
Tuesday, April 9, 2024

The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.

Key Points: 
  • The implementation of the Food Safety Modernization Act (FSMA) in the United States amplifies this trend, mandating enhanced reporting protocols for various food products and impacting the entire US food supply chain, including exporters.
  • Global technology intelligence firm ABI Research projects that worldwide revenues from food cold chain track and trace operations will surpass US$7 billion by 2032, encompassing hardware sales and recurring SaaS subscriptions.
  • The need for real-time monitoring across the food supply chain has been exacerbated due to the regulatory compliance requirements in North America and Europe.
  • "Beyond regulatory compliance, food waste mitigation is also a key enabler for cold chain monitoring growth in the food industry.

vTv Therapeutics Announces 2023 Fourth Quarter and Full Year Financial Results and Provides Corporate Update

Retrieved on: 
Wednesday, March 13, 2024

HIGH POINT, N.C., March 13, 2024 (GLOBE NEWSWIRE) -- vTv Therapeutics Inc. (Nasdaq: VTVT), a clinical stage biopharmaceutical company focused on the development of an oral adjunctive therapy to insulin for the treatment of type 1 diabetes (T1D), today reported financial results for the fourth quarter and year ended December 31, 2023, and provided an update on recent corporate developments.

Key Points: 
  • In connection with the PIPE, vTv has reduced the size of its Board of Directors from nine to seven members.
  • HIGH POINT, N.C., March 13, 2024 (GLOBE NEWSWIRE) -- vTv Therapeutics Inc. (Nasdaq: VTVT), a clinical stage biopharmaceutical company focused on the development of an oral adjunctive therapy to insulin for the treatment of type 1 diabetes (T1D), today reported financial results for the fourth quarter and year ended December 31, 2023, and provided an update on recent corporate developments.
  • Net Loss: Net loss attributable to vTv shareholders for the year ended December 31, 2023, was $20.3 million or $9.71 per basic share.
  • Net loss attributable to vTv shareholders for the comparable period a year ago was $19.2 million or $9.98 per basic share.

vTv Therapeutics Announces $51 Million Private Placement from Healthcare-focused Institutional Investors and the JDRF T1D Fund

Retrieved on: 
Wednesday, February 28, 2024

Additional information regarding the composition of the Board is available in a Current Report on Form 8-K filed with the SEC.

Key Points: 
  • Additional information regarding the composition of the Board is available in a Current Report on Form 8-K filed with the SEC.
  • vTv expects to use the proceeds from the PIPE to fund the first Phase 3 study of its lead product candidate, cadisegliatin, which is expected to initiate in mid-2024.
  • JDRF is the world’s largest nonprofit funder of T1D research focused on accelerating cures, preventing, and treating T1D.
  • There are more than 18 million people living with T1D worldwide with fewer than 30% meeting their A1c targets, demonstrating the clear need for additional therapies.

Samsara Earns Great Place to Work Poland Certification™

Retrieved on: 
Thursday, March 7, 2024

Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, has been recognised as a Great Place To Work® in Poland, by the global authority on workplace culture, helping organisations create exceptional, high-performing workplaces where employees feel trusted and valued.

Key Points: 
  • Samsara Inc. (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, has been recognised as a Great Place To Work® in Poland, by the global authority on workplace culture, helping organisations create exceptional, high-performing workplaces where employees feel trusted and valued.
  • "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work.
  • “By successfully earning this recognition, it is evident that Samsara stands out as one of the top companies to work for, providing a great workplace environment for its employees."
  • According to Great Place To Work research , job seekers are 4.5 times more likely to find a great boss at a Certified great workplace.

Commercial Vehicle Telematics Market worth $10.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.

Key Points: 
  • Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.
  • Regulatory mandates emphasizing safety and compliance further drive the adoption of telematics systems in LCVs, ensuring adherence to stringent standards.
  • The Asia Pacific region leads as the fastest-growing segment in the commercial vehicle telematics market, fueled by factors such as rapid urbanization, burgeoning e-commerce activities, and an increasing emphasis on supply chain efficiency.
  • Commercial Vehicle Telematics Market Advantages:
    Fleet efficiency can be increased by using telematics to manage fuel use, optimize routes, and track in real time.

Commercial Vehicle Telematics Market worth $10.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 19, 2024

Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.

Key Points: 
  • Telematics solutions offer enhanced route optimization, real-time tracking, and efficient fuel management, addressing the critical need for cost-effective and timely deliveries.
  • Regulatory mandates emphasizing safety and compliance further drive the adoption of telematics systems in LCVs, ensuring adherence to stringent standards.
  • The Asia Pacific region leads as the fastest-growing segment in the commercial vehicle telematics market, fueled by factors such as rapid urbanization, burgeoning e-commerce activities, and an increasing emphasis on supply chain efficiency.
  • Commercial Vehicle Telematics Market Advantages:
    Fleet efficiency can be increased by using telematics to manage fuel use, optimize routes, and track in real time.

IN8bio Appoints Dr. Corinne Epperly to Board of Directors

Retrieved on: 
Thursday, December 7, 2023

With over two decades of experience in oncology as a physician and a scientist, Dr. Epperly uniquely combines her medical expertise with business and financial acumen.

Key Points: 
  • With over two decades of experience in oncology as a physician and a scientist, Dr. Epperly uniquely combines her medical expertise with business and financial acumen.
  • “I am thrilled to be joining IN8bio’s Board of Directors and contributing to our shared commitment to advance innovative therapies that can positively impact the lives of cancer patients,” said Corinne Epperly, MD, MPH.
  • Previously she served on the board of AVEO Oncology until its acquisition by LG Chem in early 2023.
  • Dr. Epperly holds a Distinguished Bachelor of Arts in Biochemistry and Biology from the University of Virginia.

Samsara Joins California Bureau of Automotive Repair’s Continuous Testing Program Pilot to Streamline Smog Checks for Public Sector Fleets

Retrieved on: 
Tuesday, December 12, 2023

Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that it has joined the California Bureau of Automotive Repair’s (BAR) Continuous Testing Program (CTP) pilot, a program designed to help alleviate the effort of in-person smog testing for public sector fleets in California.

Key Points: 
  • Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced that it has joined the California Bureau of Automotive Repair’s (BAR) Continuous Testing Program (CTP) pilot, a program designed to help alleviate the effort of in-person smog testing for public sector fleets in California.
  • Government agencies that own or operate vehicles in California are subject to strict Smog Check Program requirements.
  • Samsara customer, the City of Ventura, is currently participating in the California BAR CTP pilot.
  • With this integration, we are excited to streamline the smog testing and reporting process for public sector fleets across the state and enable them to operate more efficiently."

Roelofs Transport Sees a 60% Reduction in Non-Fault Claims With Samsara’s Real-Time AI-Powered Solutions

Retrieved on: 
Thursday, December 7, 2023

As a result, Roelofs Transport required an advanced solution to track its expanding fleet, gain insights into driver behaviour, and effectively address issues in real-time.

Key Points: 
  • As a result, Roelofs Transport required an advanced solution to track its expanding fleet, gain insights into driver behaviour, and effectively address issues in real-time.
  • Through improved employee coaching and streamlined video-based investigation, Roelofs Transport has seen a significant cut in non-fault claims by 60%, which has also lowered insurance policy premiums.
  • Dennis Hendriks, Operations Manager at Roelofs Transport, comments: “Our drivers can be away from base for extended periods of time, up to two weeks.
  • As we continue to roll out innovative features, visionary companies like Roelofs Transport stand to offer their customers even greater benefits.”