Association of British HealthTech Industries

IBEX Announces Record Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, September 13, 2023
Telecom, Capital expenditure, Face, Tax, Financial Accounting Standards Board, GAAP, Transport, Finance, Public expenditure, EBITDA, BPO, CFO, Transport Logistic, 2.0, Ibex, Association of British HealthTech Industries, Growth, Anne E. DeChant, Travel, FASB, Aquaculture, Warehouse, Music, Cryptocurrency, Video game, Life insurance, Pharmaceutical industry, Bank, Pet industry

WASHINGTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its fourth quarter and fiscal year ended June 30, 2023.

Key Points: 
  • WASHINGTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its fourth quarter and fiscal year ended June 30, 2023.
  • Fourth quarter revenue increased 0.7% to $124.4 million over the prior year quarter.
  • “In the face of a challenging macro-environment, ibex delivered outstanding financial results in fiscal year 2023,” said Bob Dechant, CEO of ibex.
  • IBEX Limited will host a conference call and live webcast to discuss its fourth quarter of fiscal year 2023 financial results at 4:30 p.m. eastern time today, September 13, 2023.

Union Square Advisors Hires Top HealthTech Dealmakers Ezequiel Navar and Alexander Despo to Expand Practice and Offerings

Retrieved on: 
Wednesday, September 13, 2023
Zeke, RCM, Association of British HealthTech Industries, Entrepreneurship, AI, Jefferies, Smith, Houlihan Lokey, Vetter Pharma, Dimitris Despos, Patient, Navar, SAN, Pharmaceutical industry

NEW YORK and SAN FRANCISCO, Sept. 13, 2023 /PRNewswire/ -- Union Square Advisors, a leading technology-focused investment bank, today announced the expansion of its HealthTech practice through the hires of Managing Director Ezequiel (Zeke) Navar and Vice President Alexander (Alex) Despo. Effective immediately, Navar will lead the firm's practice and report directly to Co-Founder, Partner and President Ted Smith.

Key Points: 
  • NEW YORK and SAN FRANCISCO, Sept. 13, 2023 /PRNewswire/ -- Union Square Advisors , a leading technology-focused investment bank, today announced the expansion of its HealthTech practice through the hires of Managing Director Ezequiel (Zeke) Navar and Vice President Alexander (Alex) Despo.
  • Effective immediately, Navar will lead the firm's practice and report directly to Co-Founder, Partner and President Ted Smith.
  • Navar and Despo will take a focused and thematic approach to HealthTech coverage, combining their broad transaction experience with deep insights into the intersection of both industries.
  • "It is an honor to become a part of the Union Square Advisors team and lead this important practice," said Navar.

Augnito Announces Significant Upgrades for On-Premises Hosting in The Kingdom of Saudi Arabia as Part of Distinct Strategy Move

Retrieved on: 
Wednesday, September 13, 2023
Software as a service, Health, Internet, ISO, Software, SOC, Organization, SOC 2, GDPR, Association of British HealthTech Industries, AI, Kingdom, HIPAA, Online shopping, Medical device, Cloud, Fintech

RIYADH, Saudi Arabia, Sept. 13, 2023 /PRNewswire/ -- While the rest of the HealthTech and Fintech world scrambles to adopt cloud-based computing  services, Augnito,one of the world's fastest-growing SaaS (Software as a Service) companies in healthcare, has opted for a different approach. The Clinical Speech Recognition specialists have simultaneously developed an On-premises hosting service that is at par with Cloud offerings, in a  bid to support organizations' data security policies and ease the migration process.

Key Points: 
  • Additionally, there are a number of legacy applications in use that will require  time to transition out of.
  • Augnito believes that healthcare professionals will find it comforting to  have the ability to change in a more thoughtful and strategic manner,rather than rushing to pivot.
  • Their Cloud computing  systems enable all the agility, scalability, and cost-efficiency benefits that have led to the recent  industry-wide revolution.
  • Known for being attentive, meticulous and human-centric in their approach to technology,  Augnito identified these gaps early and developed a state-of-the-art physical hosting service,  especially for The Kingdom of Saudi Arabia.

Augnito Announces Significant Upgrades for On-Premises Hosting in The Kingdom of Saudi Arabia as Part of Distinct Strategy Move

Retrieved on: 
Wednesday, September 13, 2023
Software as a service, Health, Internet, ISO, Software, SOC, Organization, SOC 2, GDPR, Association of British HealthTech Industries, AI, Kingdom, HIPAA, Online shopping, Medical device, Cloud, Fintech

RIYADH, Saudi Arabia, Sept. 13, 2023 /PRNewswire/ -- While the rest of the HealthTech and Fintech world scrambles to adopt cloud-based computing  services, Augnito,one of the world's fastest-growing SaaS (Software as a Service) companies in healthcare, has opted for a different approach. The Clinical Speech Recognition specialists have simultaneously developed an On-premises hosting service that is at par with Cloud offerings, in a  bid to support organizations' data security policies and ease the migration process.

Key Points: 
  • Additionally, there are a number of legacy applications in use that will require  time to transition out of.
  • Augnito believes that healthcare professionals will find it comforting to  have the ability to change in a more thoughtful and strategic manner,rather than rushing to pivot.
  • Their Cloud computing  systems enable all the agility, scalability, and cost-efficiency benefits that have led to the recent  industry-wide revolution.
  • Known for being attentive, meticulous and human-centric in their approach to technology,  Augnito identified these gaps early and developed a state-of-the-art physical hosting service,  especially for The Kingdom of Saudi Arabia.

Vietnam Emerges as Global Growth Engine Buoyed by Macroeconomic Environment and Focus on 'Higher Quality' FDI: Report

Retrieved on: 
Thursday, September 7, 2023
Boston Consulting Group, Workforce, Partnership, ASEAN, Education, LG Electronics, Telecommunications, Electronics, Samsung, SEA, Golden Gate, Association of British HealthTech Industries, Ministry, BCG, Silicon, Foxconn, GDP, FDI, Hyundai, Brain, Intel, Economic development, Ministry of Labour, Apple, Growth, R, Environment, Clothing, Drug, Renewable energy, Tourism, EU

Within ASEAN, Vietnam will take center stage in under a decade as the country is already leading the pack in GDP growth.

Key Points: 
  • Within ASEAN, Vietnam will take center stage in under a decade as the country is already leading the pack in GDP growth.
  • Vietnam's emergence as a frontrunner in global high-tech manufacturing amidst escalating geopolitics between China and the West has also buoyed the market's performance in recent years.
  • For the past five years, the world has watched Vietnam's growth closely, comparing its trajectory to other ASEAN markets like Indonesia.
  • Singapore and Vietnam have also announced strategic partnerships to boost innovation and tech collaboration amid stronger economic ties in recent weeks, further accelerating Vietnam's growth engine.

Pentathlon Ventures Launches $55 Million Fund II to Invest in 25 B2B SaaS Start-ups

Retrieved on: 
Wednesday, September 6, 2023
Enablement, Software as a service, Grassroots Business Fund, Weak artificial intelligence, Mayya, Globant, Investment, Symphony, Association of British HealthTech Industries, VC, Marketing, Veritas, Clarice, Fintech, Wisdom

RIDGEWOOD, N.J., Sept. 6, 2023 /PRNewswire/ -- Pentathlon Ventures, an early-stage B2B SaaS-focused venture capital firm, has announced the launch of its second fund with a target of $55 Million. The fund aims to invest in 25 B2B SaaS start-ups, supporting breakthrough solutions across Enterprise Digital Transformation, E-commerce Enablement, Fintech, Vertical SaaS, Applied AI, Sustainable Tech, and HealthTech.

Key Points: 
  • RIDGEWOOD, N.J., Sept. 6, 2023 /PRNewswire/ -- Pentathlon Ventures , an early-stage B2B SaaS-focused venture capital firm, has announced the launch of its second fund with a target of $55 Million.
  • The fund aims to invest in 25 B2B SaaS start-ups, supporting breakthrough solutions across Enterprise Digital Transformation, E-commerce Enablement, Fintech, Vertical SaaS, Applied AI, Sustainable Tech, and HealthTech.
  • US-based Managing Partner Ashok Mayya observed, "Our core expertise is in early-stage B2B SaaS companies built from India.
  • For Fund II, Pentathlon Ventures is raising capital from a mix of Indian and global limited partners encompassing successful business leaders, corporations and institutions.

Gerald Sirag Named Chief Commercialization Officer of ProofPilot

Retrieved on: 
Wednesday, September 6, 2023
Patient engagement in Canada, ProofPilot, Association of British HealthTech Industries, Clinical trial, Patient, CCO, Pharmaceutical industry

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- ProofPilot, the industry's only Clinical Trial Automation Platform, today announced the appointment of Gerald "Jerry" Sirag as its Chief Commercial Officer (CCO). This significant addition aims to enhance the state of clinical research for life science companies by optimizing operational efficiency for research sites and patients alike.

Key Points: 
  • NEW YORK, Sept. 6, 2023 /PRNewswire/ -- ProofPilot , the industry's only Clinical Trial Automation Platform, today announced the appointment of Gerald "Jerry" Sirag as its Chief Commercial Officer (CCO).
  • "Adding Jerry to our team signifies a pivotal moment in ProofPilot's mission to elevate the quality and efficiency of clinical trial operations for our life science customers," said Chris Venezia, CEO of ProofPilot.
  • Known for his strategic acumen, Sirag most recently excelled as the Head of Patient Engagement & Recruitment at Citeline Connect.
  • "I am beyond thrilled to join ProofPilot as its Chief Commercial Officer, as I see tremendous opportunity to leverage ProofPilot's unique platform to resolve some of the most pressing challenges in clinical research today," said Gerald Sirag, CCO of ProofPilot.

Barclays Announces New Senior Appointments in Healthcare Investment Banking and in Equity Research

Retrieved on: 
Wednesday, September 6, 2023
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Barclays today announced new senior appointments in Healthcare Investment Banking and in Equity Research.

Key Points: 
  • Barclays today announced new senior appointments in Healthcare Investment Banking and in Equity Research.
  • They include the hiring of Maneet Singh and appointment of Evan Matlin as new Co-Heads of Healthcare M&A in the United States, Jon Swope joining the Healthcare Information Technology Banking team, and Stephanie Davis in Equity Research.
  • Other recent hires and appointments in Barclays’ Healthcare Investment Banking group include Jim Birchenough as Chairman of Global Healthcare Investment Banking and Co-Head of Global Biopharma Investment Banking, Alexis de Rosnay as Co-Head of Global Biopharma Investment Banking and Chairman of Global Healthcare Investment Banking, and Jeff Ammerman as Global Head of Specialty Pharmaceuticals Investment Banking.
  • Stephanie Davis will join Barclays as a Managing Director to lead Barclays’ equity research on the US Healthcare Technology & Digital Health sector.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – TRHC, HT, THRN, ABCM

Retrieved on: 
Wednesday, September 6, 2023
HT, Danaher Corporation, Abcam, Empire, Sale, NYSE, Acquisition, Nautic Partners, Monteverde, Association of British HealthTech Industries, Hersha Hospitality Trust, KSL Capital Partners, Security (finance)

Under the terms of the agreement, TRHC shareholders are expected to receive $10.50 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, TRHC shareholders are expected to receive $10.50 in cash per share they own.
  • Hersha Hospitality Trust (NYSE: HT ), relating to its proposed sale to affiliates of KSL Capital Partners, LLC.
  • Under the terms of the agreement, HT shareholders are expected to receive $10.00 in cash per share they own.
  • Under the terms of the agreement, ABCM shareholders are expected to receive $24.00 in cash per share they own.

Pluribus Technologies Corp. Announces Q2 2023 Financial Results

Retrieved on: 
Tuesday, August 29, 2023
Science and technology in Asia, Bank statement, EBITDA, Acquisition, Pluribus, SEDAR, Association of British HealthTech Industries, News, Cryptocurrency, Bookkeeping, Adjustment

TORONTO, Aug. 29, 2023 /PRNewswire/ - Pluribus Technologies Corp. (TSXV: PLRB) ("Pluribus" or the "Company"), a growing acquiror of small, profitable technology companies, today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • TORONTO, Aug. 29, 2023 /PRNewswire/ - Pluribus Technologies Corp. (TSXV: PLRB) ("Pluribus" or the "Company"), a growing acquiror of small, profitable technology companies, today announced its financial results for the second quarter ended June 30, 2023.
  • The Company's consolidated financial statements and accompanying notes for the quarters ended June 30, 2023 and 2022 are available under Pluribus' profile on SEDAR ( www.sedar.com ).
  • "Despite a continued challenging macroeconomic environment as seen in our eLearning business unit, we delivered another quarter of positive Adjusted EBITDA," said Richard Adair, CEO of Pluribus Technologies.
  • Revenue for the three month period ended June 30, 2023 was $9.1 million, consistent with the comparable period in 2022.