Commercial

EagleBank Provides $50 Million Loan to EB5 USA Immigration LLC to Promote Foreign Investment in Real Estate

Retrieved on: 
Wednesday, March 27, 2024
C&I, Commercial, Investment, USCIS, EGBN, Government, EagleBank, Management

This loan, which highlights EagleBank’s lending capacity in this specialized space, will supply pre-funding or bridging preferred equity in EB5 real estate projects.

Key Points: 
  • This loan, which highlights EagleBank’s lending capacity in this specialized space, will supply pre-funding or bridging preferred equity in EB5 real estate projects.
  • “As we have scaled our business over the past decade or more, EagleBank has been a great partner in processing our foreign investor accounts.
  • They raise capital for projects within the guidelines of the EB-5 Immigrant Investor Program (EB-5 Program), a U.S. government effort that encourages investment in job-creating ventures.
  • EB5 USA Immigration LLC operates six USCIS-authorized Regional Centers serving 30 states.

LifeLabs Unveils At Home Kit Program, Empowering Ontarians to Prioritize Health with Ease

Retrieved on: 
Tuesday, March 26, 2024
Health, Kit, Human papillomavirus infection, Business, Cervical cancer, Patient, Canada Post, SVP, Commercial, MD, HPV, HPV16, Privacy, Collection, Consumer, Birth control

LifeLabs’ At Home Kit Program provides a diverse range of self-collection kits for various health tests, including cervical to colorectal health, hormonal health, and blood sugar monitoring.

Key Points: 
  • LifeLabs’ At Home Kit Program provides a diverse range of self-collection kits for various health tests, including cervical to colorectal health, hormonal health, and blood sugar monitoring.
  • This proactive and private solution caters to individuals with busy schedules, those facing accessibility challenges, and anyone prioritizing their wellness journey.
  • “Our mission at LifeLabs is to empower individuals to achieve optimal health by facilitating access to essential medical testing and supporting healthy lifestyle habits,” said Charles Brown, President and CEO of LifeLabs.
  • “The Cervical Health (HPV) Kit provides remarkable convenience for those who prioritize regular testing.

nCino Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
RPO, Desjardins Group, German Bank, Acquisition, Commercial, Desjardins, Small business, Analytics, IMB, GAAP, Optimism, NCino, Mortgage loan, Video game

WILMINGTON, N.C., March 26, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the fourth quarter and fiscal year 2024, ended January 31, 2024.

Key Points: 
  • Non-GAAP operating income in the fourth quarter was $19.3 million compared to $1.8 million in the fourth quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $1.2 million compared to a $(21.2) million net loss attributable to nCino in the fourth quarter of fiscal 2023.
  • Non-GAAP net income attributable to nCino in the fourth quarter was $23.8 million compared to $4.4 million in the fourth quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino per Share: GAAP net income attributable to nCino in the fourth quarter of fiscal 2024 was $0.01 per diluted share compared to a $(0.19) loss per basic and diluted share in the fourth quarter of fiscal 2023.

UTStarcom Announces Changes to Its Board of Directors

Retrieved on: 
Tuesday, March 26, 2024
Education, Risk management, SPD, Nanjing University, UTSI, Political science, University, Commercial, UTStarcom, Silicon, Telecommunications, Compensated emancipation, Economic law, Trade, Teaching, Audit committee, School, Management

HANGZHOU, China, March 26, 2024 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced changes to the Board of Directors and appointed Dr. Yong Wang as the Company’s new independent director, effective Mar 21, 2024.

Key Points: 
  • HANGZHOU, China, March 26, 2024 (GLOBE NEWSWIRE) -- UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced changes to the Board of Directors and appointed Dr. Yong Wang as the Company’s new independent director, effective Mar 21, 2024.
  • Dr. Yong Wang was appointed as an independent director of the Company and the positions in various committees vacated by Dr. Lin, effective Mar 21, 2024.
  • Mr. Ning Shan, UTStarcom's Chairman of Board of Directors, commented, “On behalf of the Company and the board of directors, we would like to thank Dr. Lin for his dedication and contribution to the Company over the years.
  • At the same time, we are pleased and excited to welcome Dr. Wang to join our Board.

Mark Farrah Associates Simplifies Health Insurance Data Analytics with the Health Coverage Portal

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Healthcare Reform, Hospitals, Health Technology, Health Insurance, Data Analytics, Insurance, Practice Management, Finance, Consulting, Health, Public Policy, Government, Small group, DMHC, California Department, NAIC, MFA, History, FREE, Commercial, Loss, Bank statement, Parent, Medicaid, HCP, National Association, Communes of Burundi, Medicare, Health insurance

Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP).

Key Points: 
  • Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP).
  • Mark Farrah Associates continually strives for ongoing product enhancement and development, to further simplify the analysis of health insurance business.
  • For companies seeking comprehensive market data, MFA offers the Health Coverage Portal™ , an online application that integrates NAIC and CA DMHC financial statements, relevant government reports and MFA self-insured datasets.
  • To learn more about the Health Coverage Portal™ and MFA’s other valuable health insurance analytic tools, contact Mark Farrah Associates at 724-338-4100 or visit www.markfarrah.com .

Pharmaceutical CDMO Market Size, Share & Trends Analysis Report 2024: Increasing Demand for One-Stop-Shop CDMOs and Orphan Drug Discovery - Global Forecast to 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024
Biotechnology, Pharmaceutical, Health, CDMO, Growth, Patient, Knowledge, DSM-IV codes, Cancer, Commercial, Merck & Co., Oncology, Investment, Johnson & Johnson, Janssen, Drug development, API, Patent, Therapy, USD, Fine chemical

The global pharmaceutical CDMO market size is anticipated to reach USD 235.5 billion by 2030 and it is projected to grow at a CAGR of 7.2% from 2024 to 2030.

Key Points: 
  • The global pharmaceutical CDMO market size is anticipated to reach USD 235.5 billion by 2030 and it is projected to grow at a CAGR of 7.2% from 2024 to 2030.
  • A growing consumption of biopharmaceuticals, rising demand for advanced therapeutics, demand for orphan drug discovery, upsurge number of clinical trials and increasing demand for one-stop-shop CDMOS are anticipated to influence the global market positively.
  • As pharmaceutical companies invest more in R&D, they may seek external expertise and resources to accelerate drug development processes.
  • CDMOs provide specialized services in drug development, manufacturing, and testing, making them valuable partners for pharmaceutical companies looking to outsource certain aspects of their R&D activities.

Rio Tinto appoints Bold Baatar as Chief Commercial Officer

Retrieved on: 
Sunday, April 7, 2024
Mining, Minerals, Natural Resources, Copper, Growth, Simandou, Partnership, Tinto, Executive Committee, Commercial, Mineral, Energy, Safety, Retirement, Emphasis (typography), Marketing, Iron ore

Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group’s commercial and business development activities globally.

Key Points: 
  • Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group’s commercial and business development activities globally.
  • Bold will succeed Alf Barrios as Chief Commercial Officer, following his decision to retire from Rio Tinto.
  • Bold, who is currently Chief Executive Copper, will take on accountability for business development immediately, and will relocate to Singapore to take up the role of Chief Commercial Officer on 1 September 2024.
  • Rio Tinto Chief Executive Jakob Stausholm said: "Bold is ideally suited to help deliver our strategy of building a stronger Rio Tinto for the future and growing with discipline, as he leads our commercial and business development activities.

Commercial UAV Expo Announces 300+ Global Organizations Support for its Tenth Edition

Retrieved on: 
Tuesday, April 9, 2024
Hydrogen, Partner, Organization, Conference, Law enforcement, Transport, AI, Commercial, UAS, Diversified Communications, Safety, Data management, Caesars Forum, Video game

PORTLAND, Maine, April 9, 2024 /PRNewswire-PRWeb/ -- Commercial UAV Expo, the world's leading commercial drone trade show and conference, has announced a massive list of more than 300 global supporting partners from 6 continents for the 2024 event, which will take place September 3-5, 2024, at Caesars Forum in Las Vegas, NV.

Key Points: 
  • Support continues to grow as Commercial UAV Expo celebrates its tenth edition of the tradeshow and conference.
  • This edition, our tenth, is a big milestone, and more groups than ever are lending support."
  • The 2024 edition of Commercial UAV Expo offers a vendor-neutral show floor with more exhibitors than any other commercial UAS event.
  • Registration for the tenth edition of Commercial UAV Expo will open in May, and complete event information, including workshops, conference programming, networking events, and more, will be available soon at http://www.expouav.com

Laser Technology Market worth $29.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2024
Laser, Component, Infrared, CMM, Commercial, Investment, Lidar, Research, Statistics, ODS, Reverse engineering, Fabry–Pérot interferometer, Row, Internet of things, Blue, Quality control, Electronics, Safety, Region, Medicine, Cloud computing, Simulation, Data, Consumer electronics, VMM, Coherence, Transceiver, IPG Photonics, 3D printing

The lesser have been segmented into various types: solid lasers, gas lasers, liquid lasers, and other types (photonic crystal laser, and industrial short-pulse laser).

Key Points: 
  • The lesser have been segmented into various types: solid lasers, gas lasers, liquid lasers, and other types (photonic crystal laser, and industrial short-pulse laser).
  • Laser technology facilitates data transmission over long distances with minimal signal loss and high reliability, essential for modern communication infrastructures.
  • Telecommunications networks rely extensively on laser technology for various applications, including optical communication systems, fiber optic transmission, and network infrastructure.
  • The report profiles key players in laser technology companies such Coherent (US), Trumpf (Germany), Han's Laser Technology Industry Group Co., Ltd (China), IPG Photonics (US) and Jenoptik AG (Germany), and others.

Laser Technology Market worth $29.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2024
Laser, Component, Infrared, CMM, Commercial, Investment, Lidar, Research, Statistics, ODS, Reverse engineering, Fabry–Pérot interferometer, Row, Internet of things, Blue, Quality control, Electronics, Safety, Region, Medicine, Cloud computing, Simulation, Data, Consumer electronics, VMM, Coherence, Transceiver, IPG Photonics, 3D printing

The lesser have been segmented into various types: solid lasers, gas lasers, liquid lasers, and other types (photonic crystal laser, and industrial short-pulse laser).

Key Points: 
  • The lesser have been segmented into various types: solid lasers, gas lasers, liquid lasers, and other types (photonic crystal laser, and industrial short-pulse laser).
  • Laser technology facilitates data transmission over long distances with minimal signal loss and high reliability, essential for modern communication infrastructures.
  • Telecommunications networks rely extensively on laser technology for various applications, including optical communication systems, fiber optic transmission, and network infrastructure.
  • The report profiles key players in laser technology companies such Coherent (US), Trumpf (Germany), Han's Laser Technology Industry Group Co., Ltd (China), IPG Photonics (US) and Jenoptik AG (Germany), and others.