RM

Schneider Electric calls for rapid deployment of smart grids to accelerate energy transition

Retrieved on: 
Wednesday, November 29, 2023

Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.

Key Points: 
  • Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.
  • At Enlit 2023, Schneider Electric is unveiling new innovations that enable electric utility companies to deploy agile grid digitalization and offer better collaboration between all actors in the electricity value chain.
  • New cloud-based EcoStruxure Distributed Energy Resource (DERMS): Now available on Microsoft Azure, EcoStruxure DERMS manages distributed energy resources (electric vehicles, energy storage and rooftop solar) to meet rapidly increasing capacity demand and enable rapid deployments with flexible customer journeys.
  • Visit Schneider Electric at Enlit Europe 2023 (Paris Expo, Porte de Versailles, booth #7.2.C70) from November 28-30, 2023, to learn more about the Grids of the Future, Electricity 4.0, network automation, and energy management solutions and services for the electric power industry.

Schneider Electric calls for rapid deployment of smart grids to accelerate energy transition

Retrieved on: 
Wednesday, November 29, 2023

Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.

Key Points: 
  • Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.
  • At Enlit 2023, Schneider Electric is unveiling new innovations that enable electric utility companies to deploy agile grid digitalization and offer better collaboration between all actors in the electricity value chain.
  • New cloud-based EcoStruxure Distributed Energy Resource (DERMS): Now available on Microsoft Azure, EcoStruxure DERMS manages distributed energy resources (electric vehicles, energy storage and rooftop solar) to meet rapidly increasing capacity demand and enable rapid deployments with flexible customer journeys.
  • Visit Schneider Electric at Enlit Europe 2023 (Paris Expo, Porte de Versailles, booth #7.2.C70) from November 28-30, 2023, to learn more about the Grids of the Future, Electricity 4.0, network automation, and energy management solutions and services for the electric power industry.

Schneider Electric calls for rapid deployment of smart grids to accelerate energy transition

Retrieved on: 
Wednesday, November 29, 2023

Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.

Key Points: 
  • Schneider Electric's experts attending Enlit Europe 2023 argue the outdated grid infrastructure is holding back the energy transition and propose that increased network automation on smart grids run by smart electric utility companies can shape the future of a low-carbon energy sector.
  • At Enlit 2023, Schneider Electric is unveiling new innovations that enable electric utility companies to deploy agile grid digitalization and offer better collaboration between all actors in the electricity value chain.
  • New cloud-based EcoStruxure Distributed Energy Resource (DERMS): Now available on Microsoft Azure, EcoStruxure DERMS manages distributed energy resources (electric vehicles, energy storage and rooftop solar) to meet rapidly increasing capacity demand and enable rapid deployments with flexible customer journeys.
  • Visit Schneider Electric at Enlit Europe 2023 (Paris Expo, Porte de Versailles, booth #7.2.C70) from November 28-30, 2023, to learn more about the Grids of the Future, Electricity 4.0, network automation, and energy management solutions and services for the electric power industry.

RM plc: Full Year Trading Update

Retrieved on: 
Thursday, December 14, 2023

As confirmed last month, RM reached agreement with its lenders to extend their unconditional waivers for its 30 November EBITDA financial covenant.

Key Points: 
  • As confirmed last month, RM reached agreement with its lenders to extend their unconditional waivers for its 30 November EBITDA financial covenant.
  • “I am pleased to report that we expect RM to deliver results in line with market expectations in FY23.
  • The strong performance from RM Assessment, as well as RM Technology’s return to profitability in H2, demonstrates the fundamental strengths in the business.
  • RM Assessment is a leading provider of assessment software, supporting exam awarding bodies, universities, and governments worldwide to digitise their assessment delivery.

Elutia Completes Divestiture of Orthobiologics Business Unit for Cash Proceeds of Up to $35 Million

Retrieved on: 
Thursday, November 9, 2023

SILVER SPRING, Md., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced it completed the divestiture of its Orthobiologics business unit to Berkeley Biologics LLC, a wholly owned subsidiary of GNI Group Ltd.

Key Points: 
  • SILVER SPRING, Md., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced it completed the divestiture of its Orthobiologics business unit to Berkeley Biologics LLC, a wholly owned subsidiary of GNI Group Ltd.
  • The transaction enables Elutia to strategically focus on its proprietary drug-eluting biomatrix platform and provides the Company with cash proceeds of up to $35 million, comprised of upfront payments no later than November 17, 2023 of $15 million plus potential earnout payments of up to $20 million over a five-year period.
  • Combined proceeds with the previously announced September 2023 private placement potentially top $60 million.
  • “The proceeds from this transaction, coupled with the September financing, should have us well-capitalized to advance our proprietary drug-eluting biomatrix platform.

Sermonix Pharmaceuticals Announces JCO Precision Oncology Publication of Case Report on a Complete Remission in a Metastatic Breast Cancer Patient Participating in ELAINE-1 Trial

Retrieved on: 
Monday, November 6, 2023

The open-access case report, “ Lasofoxifene Monotherapy Induces Durable Complete Remission in a Patient with ER+, HER2- Metastatic Breast Cancer with an ESR1 Mutation ,” details a patient result that was reported during Sermonix’s Evaluation of Lasofoxifene in ESR1 Mutations (ELAINE-1, NCT03781063) study.

Key Points: 
  • The open-access case report, “ Lasofoxifene Monotherapy Induces Durable Complete Remission in a Patient with ER+, HER2- Metastatic Breast Cancer with an ESR1 Mutation ,” details a patient result that was reported during Sermonix’s Evaluation of Lasofoxifene in ESR1 Mutations (ELAINE-1, NCT03781063) study.
  • The case was previously presented as a poster and brief talk at the annual Metastatic Breast Cancer Research Conference in September 2022.
  • Topline results from the ELAINE-1 trial, including this patient, were reported at the European Society for Medical Oncology (ESMO) Congress 2022.
  • 5Jeselsohn R, De Angelis C, Brown M, et al: The Evolving Role of the Estrogen Receptor Mutations in Endocrine Therapy-Resistant Breast Cancer.

Eighteenth edition of Fujio Cup Quiz won by Kasturba Medical College, India in the NCRM NICHE 2023 international stem cell meeting.

Retrieved on: 
Wednesday, October 18, 2023

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • Winners and finalists of Fujio Cup Quiz (FCQ), the “FCQ Elites” are qualified to nominate the candidates for the Edogawa NICHE Prize.
  • The inaugural prize in 2018 was awarded to Prof. James E. Till for discovery of stem cells, jointly with Prof. Ernest McCulloch.
  • NCRM NICHE team is progressing in research on implications of microgravity, synthetic chemical concoctions, and biological response modifiers, on cellular senescence and immune modulation to develop solutions, especially for rare diseases and unmet needs.

RM plc: Sale of IPv4 addresses

Retrieved on: 
Tuesday, October 17, 2023

RM plc, a leading international supplier of technology and resources to the education sector (LSE: RM) (“RM”, the “Company”), today announces that it has agreed to sell an additional portion of its Internet Protocol v4 (“IPv4”) addresses (“the Sale”) to Hilco Streambank (“Hilco”) for a total consideration of $2.2m in cash.

Key Points: 
  • RM plc, a leading international supplier of technology and resources to the education sector (LSE: RM) (“RM”, the “Company”), today announces that it has agreed to sell an additional portion of its Internet Protocol v4 (“IPv4”) addresses (“the Sale”) to Hilco Streambank (“Hilco”) for a total consideration of $2.2m in cash.
  • These sales have been classified as other income in line with the treatment of the sale of Intangible Assets.
  • The Sale, when aggregated with the previous sale of $10.2m of IP addresses, as announced on 28 December 2022, will constitute a Class 2 transaction under the Listing Rules.
  • The Company retains the rights over a further c.213,000 IPv4 addresses, which will support growth in RM Technology’s connectivity business.

Elutia Announces Sale of Orthobiologics Business Unit for Cash Proceeds of Up to $35 Million

Retrieved on: 
Monday, September 18, 2023

SILVER SPRING, Md., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Elutia Inc. (Nasdaq: ELUT) (“Elutia”), a company pioneering drug-eluting biomatrix products, today announced the divestiture of the Company’s Orthobiologics business unit to Berkeley Biologics LLC, a wholly owned subsidiary of GNI Group Ltd. Elutia will receive cash proceeds of up to $35 million, comprised of an upfront payment at closing of $15 million plus potential earnout payments of up to $20 million over a five-year period. The transaction is expected to close in the fourth quarter of 2023.

Key Points: 
  • This transaction represents a pivotal milestone in Elutia’s progress toward pioneering the drug-eluting biomatrix.
  • The Company continues to make progress towards gaining U.S. Food and Drug Administration clearance for CanGaroo® RM, the Company’s lead drug-eluting product.
  • Elutia is targeting the first half of 2024 for the launch of CanGaroo RM.
  • “With the development of the drug-eluting biomatrix, we are creating a new biosurgery paradigm to deliver better surgical outcomes.

Motorsport Network’s Driven Lifestyle Introduces New Luxury Automotive Ecosystem, The duPont REGISTRY Group

Retrieved on: 
Friday, September 15, 2023

The duPont REGISTRY Group was established to invest in and create culture, community and commerce at the intersection of technology, media and automotive.

Key Points: 
  • The duPont REGISTRY Group was established to invest in and create culture, community and commerce at the intersection of technology, media and automotive.
  • The duPont REGISTRY Group, an omnichannel approach to the high-end car lifestyle, offers a platform for seamless transactions, immersive experiences, and a vibrant community of luxury automotive enthusiasts.
  • “With the creation of the duPont REGISTRY Group, there is no better combination of brands to serve the global luxury automotive marketplace,” shared Clerc.
  • I’m honored to be a part of creating the duPont REGISTRY Group and look forward to leveraging my luxury lifestyle experience to serve the highly engaged and passionate high-end automotive enthusiasts around the globe.”
    The duPont REGISTRY Group houses some of the biggest names in the luxury automotive space and represents a vibrant community of hundreds of thousands of members nurtured over nearly two decades.