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Business as usual: bank climate commitments, lending, and engagement

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Tuesday, April 2, 2024
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Key Points: 

    Prime Medicine Reports Full Year 2023 Financial Results and Provides Business Updates

    Retrieved on: 
    Friday, March 1, 2024

    CAMBRIDGE, Mass., March 01, 2024 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today reported financial results for the full year ended December 31, 2023 and provided a business update.

    Key Points: 
    • “In 2024, we anticipate undergoing a significant transformation, maturing into a clinical-stage company and bringing the first-ever Prime Editing-based therapeutic candidate to patients.
    • This funding will allow Prime Medicine to progress two distinct strategies for applying Prime Editing to treat CF: hotspot editing and PASSIGE™ (Prime Assisted Site Specific Integrase Gene Editing).
    • Gross proceeds to Prime Medicine from the offering, before deducting underwriting discounts and commissions and offering expenses, were approximately $161.0 million.
    • In January 2024, Prime Medicine announced the appointment of Allan Reine, M.D., as the Company’s Chief Financial Officer.

    Cambridge GaN Devices Moves to Support Industrial Applications With Higher Power Reference Designs and Demos

    Retrieved on: 
    Tuesday, February 27, 2024

    Cambridge GaN Devices (CGD) , the fabless, clean-tech semiconductor company that develops energy-efficient GaN-based power devices that make greener electronics possible, is addressing higher power industrial applications with its ICeGaN™ technology which has already proved itself rugged, reliable and easy-to-use in high volume consumer devices.

    Key Points: 
    • Cambridge GaN Devices (CGD) , the fabless, clean-tech semiconductor company that develops energy-efficient GaN-based power devices that make greener electronics possible, is addressing higher power industrial applications with its ICeGaN™ technology which has already proved itself rugged, reliable and easy-to-use in high volume consumer devices.
    • At the APEC 2024, IEEE Applied Power Electronics Conference and Exposition, the company is introducing new reference designs and showing demos which address the broad and diverse industrial market.
    • Andrea Bricconi | Chief Commercial Officer, CGD
      “We are acutely aware of the increasing power requirements of industrial applications, and the need for high efficiency.
    • This is the first time the company has used a 100% GaN power transistor design for both the power stage and the amplifier.

    Cambridge GaN Devices Addresses Challenges of Datacentres and More at APEC 2024

    Retrieved on: 
    Tuesday, February 13, 2024

    Cambridge GaN Devices (CGD) , the fabless, clean-tech semiconductor company that develops energy-efficient GaN-based power devices that make greener electronics possible, will be present at the upcoming APEC 2024, IEEE Applied Power Electronics Conference and Exposition.

    Key Points: 
    • Cambridge GaN Devices (CGD) , the fabless, clean-tech semiconductor company that develops energy-efficient GaN-based power devices that make greener electronics possible, will be present at the upcoming APEC 2024, IEEE Applied Power Electronics Conference and Exposition.
    • Giorgia Longobardi | Chief Executive Officer, CGD
      “With datacentres now demanding 100kW per rack and predicting even more in the very near future, power system designers are looking to employ GaN devices in new architectures.
    • Thursday 29th February, 09.45-10.10 – ‘Monolithic integration addresses the design challenges of GaN Power devices’, with Di Chen, Director of Business Development & Technical Marketing, CGD.
    • CGD has delivered industry’s most easy-to-use GaN technology – ICeGaN – and we are keen to share our ideas with the audience at APEC.”

    Tec Inc. Engineering & Design Announces Leadership Transition in Columbus Office with a Continued Commitment to Values

    Retrieved on: 
    Friday, January 19, 2024

    COLUMBUS, Ohio, Jan. 19, 2024 /PRNewswire/ -- Tec Inc. Engineering & Design, a leading firm in the engineering and design industry, is pleased to announce key leadership changes in its Columbus office, effective January 1st, 2024.

    Key Points: 
    • COLUMBUS, Ohio, Jan. 19, 2024 /PRNewswire/ -- Tec Inc. Engineering & Design, a leading firm in the engineering and design industry, is pleased to announce key leadership changes in its Columbus office, effective January 1st, 2024.
    • Mr. Jon Alexander, PE, CGD, a seasoned leader known for his commitment to our core values, will assume the role of Managing Director.
    • In keeping with the "Commitment to Quality" philosophy at Tec Inc., Mr. Todd Miller, PE, LEED AP BD+C, will continue to serve as the Director of Mechanical Engineering in the Columbus office.
    • Todd Miller's continued leadership in Mechanical Engineering is a testament to our commitment to our talented and dedicated team," stated Adam Kilbourne.

    5th Anniversary丨Red Dot Design Museum Xiamen Grand Reopening

    Retrieved on: 
    Tuesday, December 5, 2023

    XIAMEN, China, Dec. 5, 2023 /PRNewswire/ -- On the morning of the 28th, the opening ceremony "Accompanied by Good Design", concluded successfully in Jimei District, Xiamen.

    Key Points: 
    • In 2021, the temporary Red Dot Design Museum Xiamen was moved to Xiamen Fliport Convention and Exhibition Center.
    • Over the years, Red Dot Design Museum Xiamen has introduced more than 30 international professional exhibitions, attracted nearly 400,000 visitors, completed more than 500 professional events, gathered 600 global brand products, and provided training courses for more than 7,000 people...
      Red Dot Design Museum Xiamen presents the top level of design in various fields and the innovation of designers and design teams at multiple levels through high-quality international design exhibitions, forward-looking design trends and exploration discussions, and public education projects with advanced concepts.
    • Red Dot Design Museum Xiamen is committed to becoming a global design business watchtower, stimulating the creativity of local designers, and bringing good design closer to life.
    • On the afternoon of 28th, a large number of guests gathered at the event site of "Live Design Talk: ACCOMPANIED BY GOOD DESIGN", the 5th Anniversary Design Salon of Red Dot Design Museum Xiamen.

    Prime Medicine Reports Third Quarter 2023 Financial Results and Provides Business Updates

    Retrieved on: 
    Friday, November 3, 2023

    CAMBRIDGE, Mass., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today reported financial results and provided business updates for the third quarter ended September 30, 2023.

    Key Points: 
    • 11,795,452 --
      CAMBRIDGE, Mass., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today reported financial results and provided business updates for the third quarter ended September 30, 2023.
    • Together, these encouraging results mark meaningful progress toward the clinic and support our strategy of simultaneously advancing multiple programs forward.
    • In August 2023, Prime Medicine received Rare Pediatric Drug designation (RPDD) from the U.S. Food and Drug Administration (FDA) for PM359.
    • Year-to-date, Prime Medicine continues to make significant progress, executing against key initiatives to drive its Prime Editing platform forward.

    CGD Forms GaN Eco-System With Chicony Power and Cambridge University Technical Services

    Retrieved on: 
    Monday, November 6, 2023

    Cambridge GaN Devices (CGD) , the fabless, clean-tech semiconductor company that develops a range of energy-efficient GaN-based power devices to make greener electronics possible, has signed a tripartite agreement with Chicony Power Technology Co., Ltd (TWSE: 6412) of Taiwan and Cambridge University Technical Services (CUTS), UK, to conceive and develop advanced, efficient, high power-density adapters and data centre power products using GaN.

    Key Points: 
    • Cambridge GaN Devices (CGD) , the fabless, clean-tech semiconductor company that develops a range of energy-efficient GaN-based power devices to make greener electronics possible, has signed a tripartite agreement with Chicony Power Technology Co., Ltd (TWSE: 6412) of Taiwan and Cambridge University Technical Services (CUTS), UK, to conceive and develop advanced, efficient, high power-density adapters and data centre power products using GaN.
    • Chicony Power is a well-established total solution provider of power electronics systems focusing on power supplies and adapters for various applications, including notebooks, desktop computers, gaming devices, and server/cloud solutions.
    • The HVMS group at Cambridge University has a history of 25 years in power device design, TCAD simulations and characterisation of power devices.
    • The three parties will collaborate around a technical project entitled ‘Innovative low power and high power SMPS (switch mode power supplies) with advanced GaN solutions’.

    Annual meeting co-organized by IFF urges to reform multilateral organiztions to better tackle global challenges

    Retrieved on: 
    Monday, October 16, 2023

    Managing Director of the IMF Kristalina Georgieva, who opened the panel discussion, said the world need to come together to solve global challenges, "otherwise we are in trouble".

    Key Points: 
    • Managing Director of the IMF Kristalina Georgieva, who opened the panel discussion, said the world need to come together to solve global challenges, "otherwise we are in trouble".
    • Masood Ahmed, Advisory Committee member of IFF, President of the Center for Gobal Development (CGD), , called for practical approaches to solve global common challenges while recognizing geopolitical tension.
    • Despite the increasing risk of fragmentation, multilateralism still works and is a better way to solve global challenges, said Bo Li, Deputy Managing Director of the IMF.
    • Axel Weber, board member of IFF and President of the Center for Financial Studies at Goethe University, thinks international institutions should adapt and change organically to meet global challenges.

    Annual meeting co-organized by IFF urges to reform multilateral organiztions to better tackle global challenges

    Retrieved on: 
    Monday, October 16, 2023

    Managing Director of the IMF Kristalina Georgieva, who opened the panel discussion, said the world need to come together to solve global challenges, "otherwise we are in trouble".

    Key Points: 
    • Managing Director of the IMF Kristalina Georgieva, who opened the panel discussion, said the world need to come together to solve global challenges, "otherwise we are in trouble".
    • Masood Ahmed, Advisory Committee member of IFF, President of the Center for Gobal Development (CGD), , called for practical approaches to solve global common challenges while recognizing geopolitical tension.
    • Despite the increasing risk of fragmentation, multilateralism still works and is a better way to solve global challenges, said Bo Li, Deputy Managing Director of the IMF.
    • Axel Weber, board member of IFF and President of the Center for Financial Studies at Goethe University, thinks international institutions should adapt and change organically to meet global challenges.