EUROPE

First Product Incorporating Arecor’s Arestat Technology, At220, Launched in Europe

Retrieved on: 
Friday, November 17, 2023

FIRST PRODUCT INCORPORATING ARECOR’S ARESTAT TECHNOLOGY, AT220, LAUNCHED IN EUROPE

Key Points: 
  • FIRST PRODUCT INCORPORATING ARECOR’S ARESTAT TECHNOLOGY, AT220, LAUNCHED IN EUROPE
    Cambridge, UK, 17 November 2023: Arecor Therapeutics plc (AIM: AREC), the biopharmaceutical company advancing today’s therapies to enable healthier lives, announces the triggering of a milestone payment from its global pharmaceutical partner, following the first commercial sale of a product, AT220, incorporating its proprietary Arestat™ technology platform.
  • Sarah Howell, Chief Executive Officer of Arecor, said: “The commercialisation of this product in Europe, the first to be launched incorporating our Arestat™ technology, is a significant milestone for Arecor and further demonstrates the strength of our Arestat™ platform and the value it can bring to our partners and ultimately patients.
  • This also triggers a milestone payment and will lead to royalty payments, further underscoring our confidence in our strategy and the potential of our in-house portfolio and pipeline of partnered products to deliver long term value to shareholders.”
    Under a license agreement entered into in 2017, Arecor developed a novel and differentiated formulation of its global pharmaceutical company partner’s product.
  • Arecor has received earlier payments linked to specific development and commercial milestones, and moving forward, will receive revenue streams under the royalty bearing agreement from future sales.

GrandPrix Originals USA Celebrates Success with Official Gulf Licensed Apparel Launch

Retrieved on: 
Thursday, November 30, 2023

Executives with GrandPrix Originals USA , have signed a licensing agreement with Gulf Oil Limited Partnership that brings an exciting line of official apparel to the United States.

Key Points: 
  • Executives with GrandPrix Originals USA , have signed a licensing agreement with Gulf Oil Limited Partnership that brings an exciting line of official apparel to the United States.
  • About 3 years ago, motorsports enthusiasts passionate about the brand founded GrandPrix Originals USA to bring the products to the United States.
  • “That is why GRANDPRIX ORIGINALS EUROPE offers a stunning line of the largest collection of Gulf apparel worldwide.
  • “We are excited to add the GrandPrix Originals USA name to our family of merchandise licensees.

CONTINUED SPARE CAPACITY AT GLOBAL SUPPLIERS WARNS OF MANUFACTURING SLUMP PERSISTING INTO 2024: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
Thursday, December 14, 2023

"This persistent, month-after-month, excess vendor capacity means that the end to the global manufacturing recession is still some way off," explained Todd Bremer, vice president, consulting, GEP.

Key Points: 
  • "This persistent, month-after-month, excess vendor capacity means that the end to the global manufacturing recession is still some way off," explained Todd Bremer, vice president, consulting, GEP.
  • Continuing excess supplier capacity in Asia gives manufacturers greater leverage to drive down prices in 2024."
  • Capacity at Asia's suppliers went underutilized to one of the greatest degrees in the post-pandemic era, boding ill for the near-term outlook of global manufacturing.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

CONTINUED SPARE CAPACITY AT GLOBAL SUPPLIERS WARNS OF MANUFACTURING SLUMP PERSISTING INTO 2024: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
Thursday, December 14, 2023

"This persistent, month-after-month, excess vendor capacity means that the end to the global manufacturing recession is still some way off," explained Todd Bremer, vice president, consulting, GEP.

Key Points: 
  • "This persistent, month-after-month, excess vendor capacity means that the end to the global manufacturing recession is still some way off," explained Todd Bremer, vice president, consulting, GEP.
  • Continuing excess supplier capacity in Asia gives manufacturers greater leverage to drive down prices in 2024."
  • Capacity at Asia's suppliers went underutilized to one of the greatest degrees in the post-pandemic era, boding ill for the near-term outlook of global manufacturing.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

NO END TO GLOBAL MANUFACTURING RECESSION IN SIGHT AS SUPPLY CHAINS WORLDWIDE REMAIN SIGNIFICANTLY UNDERUTILIZED: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
Wednesday, November 15, 2023

Coupled with October's downturn in demand for raw materials, components and commodities, this shows rising slack in global supply chains.

Key Points: 
  • Coupled with October's downturn in demand for raw materials, components and commodities, this shows rising slack in global supply chains.
  • A key finding from October's report was the strongest rise in excess capacity across Asian supply chains since June 2020.
  • Sustained weakness in demand, coupled with falling pressures on factories in Asia, indicates that the global manufacturing recession has further to run.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

NO END TO GLOBAL MANUFACTURING RECESSION IN SIGHT AS SUPPLY CHAINS WORLDWIDE REMAIN SIGNIFICANTLY UNDERUTILIZED: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
Wednesday, November 15, 2023

Coupled with October's downturn in demand for raw materials, components and commodities, this shows rising slack in global supply chains.

Key Points: 
  • Coupled with October's downturn in demand for raw materials, components and commodities, this shows rising slack in global supply chains.
  • A key finding from October's report was the strongest rise in excess capacity across Asian supply chains since June 2020.
  • Sustained weakness in demand, coupled with falling pressures on factories in Asia, indicates that the global manufacturing recession has further to run.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

GITEX catalyses global tech ecosystem expansion with momentous European launch in world's most dominant tech economy

Retrieved on: 
Wednesday, October 18, 2023

DUBAI, UAE, Oct. 18, 2023 /PRNewswire/ -- GITEX GLOBAL, the world's largest tech show, kicked off its record edition this week in Dubai to a phenomenal international response over its first three days. Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.

Key Points: 
  • Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.
  • GITEX EUROPE is the second overseas venture for the powerhouse GITEX brand, following the historic debut of GITEX AFRICA Morocco in May 2023, independently rated as the world's best tech event launch.
  • This is a continuous momentum that started with GITEX AFRICA and we're hoping to make GITEX Europe the most successful tech event in the continent."
  • "GITEX EUROPE is an important expansion of our portfolio and addition to our other tech trade fairs," added Tobias.

GITEX catalyses global tech ecosystem expansion with momentous European launch in world's most dominant tech economy

Retrieved on: 
Wednesday, October 18, 2023

DUBAI, UAE, Oct. 18, 2023 /PRNewswire/ -- GITEX GLOBAL, the world's largest tech show, kicked off its record edition this week in Dubai to a phenomenal international response over its first three days. Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.

Key Points: 
  • Its huge scale in 2023 was amplified by the announcement that the mega tech and start-up event will launch in Europe, spearheading the international market expansion impetus of the global tech community.
  • GITEX EUROPE is the second overseas venture for the powerhouse GITEX brand, following the historic debut of GITEX AFRICA Morocco in May 2023, independently rated as the world's best tech event launch.
  • This is a continuous momentum that started with GITEX AFRICA and we're hoping to make GITEX Europe the most successful tech event in the continent."
  • "GITEX EUROPE is an important expansion of our portfolio and addition to our other tech trade fairs," added Tobias.

CGD’s ICeGaN HEMTs Awarded “Best Demo” AT TSMC European Innovation Zone

Retrieved on: 
Monday, October 9, 2023

This concept is easily scalable to higher power and in voltages, which CGD is actively pursuing.

Key Points: 
  • This concept is easily scalable to higher power and in voltages, which CGD is actively pursuing.
  • ICeGaN is an Industry First: GaN eMode HEMTs can be driven like a Si MosFET.
  • Recognizing the differentiation that it brings to the market, ICeGaN was voted “Best Demo” by visitors to the Innovation Zone, TSMC’s showcase for start-up customers’ cutting-edge products at its largest annual event in Europe.
  • TSMC is excited to cooperate with CGD to deliver its easy-to-use 650V ICeGaN GaN transistors in high volume to companies working on diverse applications worldwide.

ODDS OF A SOFT LANDING FOR THE U.S. ECONOMY ARE RISING AS MANUFACTURING STABILIZES IN SEPTEMBER, BUT RECESSION ALARM BELLS RING FOR EUROPE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
Friday, October 13, 2023

In stark contrast, excess supplier capacity within North America rose by its smallest margin since April, signalling increased odds of a soft landing for the U.S. economy.

Key Points: 
  • In stark contrast, excess supplier capacity within North America rose by its smallest margin since April, signalling increased odds of a soft landing for the U.S. economy.
  • Although demand remains under pressure, the decline is slowing, and some companies are reporting price increases from their vendors.
  • NORTH AMERICA: Index rose to -0.30, from -0.55, its highest since April, hinting at greater odds of a soft landing for the U.S. economy.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.