Malaysia

Prestige BioPharma and Dr. Reddy’s announce partnership to commercialize trastuzumab biosimilar in select countries in Latin America and Southeast Asia

Retrieved on: 
Thursday, December 9, 2021

Prestige BioPharmas trastuzumab (HD201) is a proposed biosimilar to Roches Herceptin and can be prescribed for the treatment of HER2 positive breast and metastatic gastric cancer.

Key Points: 
  • Prestige BioPharmas trastuzumab (HD201) is a proposed biosimilar to Roches Herceptin and can be prescribed for the treatment of HER2 positive breast and metastatic gastric cancer.
  • Trastuzumab works by selectively binding to HER2, thereby stopping the growth of these cancer cells.
  • The license agreement grants Dr. Reddys the exclusive rights to commercialize the proposed biosimilar in select countries in Latin America and Southeast Asia.
  • Lisa S. Park, CEO of Prestige BioPharma, commented: We are delighted to establish a partnership with Dr. Reddys for key Latin American and Southeast Asian markets.

Vymo has been recognized by Gartner® as a Representative Vendor in 2021 Gartner Market Guide for Sales Engagement Applications

Retrieved on: 
Thursday, December 9, 2021

SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Vymo (https://www.getvymo.com), the world's leading sales engagement platform for Financial Institutions, has been listed as a Representative Vendor by Gartner®, a company that delivers actionable, objective insight to its executive and their teams in 2021 Market Guide for Sales Engagement Applications. We believe that the 13 global companies in this guide are recognized for their competitiveness, product portfolio, market coverage & business growth.

Key Points: 
  • SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Vymo ( https://www.getvymo.com ), the world's leading sales engagement platform for Financial Institutions, has been listed as a Representative Vendor by Gartner, a company that delivers actionable, objective insight to its executive and their teamsin 2021 Market Guide for Sales Engagement Applications.
  • "We believe this mention validates the problem sales leaders in financial institutions face and how sales engagement applications can be a game-changer."
  • Sales engagement platforms, such as Vymo, automatically capture sales & engagement activities of the remote or distributed sales teams.
  • Gartner Market Guide for Sales Engagement Applications by Dan Gottlieb, Shayne Jackson, Ilona Hansen, 9 November 2021.

LTI Launches Fosfor, the Data-to-Decisions Product Suite for Monetizing Data

Retrieved on: 
Wednesday, December 8, 2021

MUMBAI, India, Dec. 8, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, today launched Fosfor , the Data-to-Decisions Product Suite.

Key Points: 
  • MUMBAI, India, Dec. 8, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, today launched Fosfor , the Data-to-Decisions Product Suite.
  • The Fosfor suite of products has extensive set of go-to-market and technology partnerships with leading cloud companies and has been recognized by leading industry analysts.
  • The Fosfor suite consists of five products:
    Spectra - a comprehensive DataOps product enabling the fastest way to harness data;
    Optic - an autonomous data fabric product to facilitate discovery-to-consumption data journeys;
    Refract - a data science and MLOps product automating operations across entire lifecycle;
    Lumin - an augmented analytics product that provides a search-like interface for all types of insights.
  • LTI (NSE: LTI ) is a global technology consulting and digital solutions Company helping more than 460 clients succeed in a converging world.

LTI Launches Fosfor, the Data-to-Decisions Product Suite for Monetizing Data

Retrieved on: 
Wednesday, December 8, 2021

MUMBAI, India, Dec. 8, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, today launched Fosfor , the Data-to-Decisions Product Suite.

Key Points: 
  • MUMBAI, India, Dec. 8, 2021 /PRNewswire/ -- Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions company, today launched Fosfor , the Data-to-Decisions Product Suite.
  • The Fosfor suite of products has extensive set of go-to-market and technology partnerships with leading cloud companies and has been recognized by leading industry analysts.
  • The Fosfor suite consists of five products:
    Spectra - a comprehensive DataOps product enabling the fastest way to harness data;
    Optic - an autonomous data fabric product to facilitate discovery-to-consumption data journeys;
    Refract - a data science and MLOps product automating operations across entire lifecycle;
    Lumin - an augmented analytics product that provides a search-like interface for all types of insights.
  • LTI (NSE: LTI ) is a global technology consulting and digital solutions Company helping more than 460 clients succeed in a converging world.

Cambridge Quantum launches Quantum Origin - a quantum-enhanced cryptographic key generation platform to protect data from advancing threats

Retrieved on: 
Tuesday, December 7, 2021

Randomness is critical to securing current security solutions as well as protecting systems from the future threat of quantum attacks.

Key Points: 
  • Randomness is critical to securing current security solutions as well as protecting systems from the future threat of quantum attacks.
  • Quantum Origin is a cloud-hosted platform that protects against these current and future threats.
  • It uses the unpredictable nature of quantum mechanics to generate cryptographic keys seeded with verifiable quantum randomness from Quantinuum's H-Series quantum computers, Powered by Honeywell.
  • Quantum Origin generates the keys before encrypting them with a transport key and securely relaying them back to the organisation.

Cambridge Quantum launches Quantum Origin - a quantum-enhanced cryptographic key generation platform to protect data from advancing threats

Retrieved on: 
Tuesday, December 7, 2021

Randomness is critical to securing current security solutions as well as protecting systems from the future threat of quantum attacks.

Key Points: 
  • Randomness is critical to securing current security solutions as well as protecting systems from the future threat of quantum attacks.
  • Quantum Origin is a cloud-hosted platform that protects against these current and future threats.
  • It uses the unpredictable nature of quantum mechanics to generate cryptographic keys seeded with verifiable quantum randomness from Quantinuum's H-Series quantum computers, Powered by Honeywell.
  • Quantum Origin generates the keys before encrypting them with a transport key and securely relaying them back to the organisation.

Sonata Software recognized for its market-leading capabilities in Microsoft Dynamics 365

Retrieved on: 
Monday, December 6, 2021

IDC had recently named Sonata Software as a "Major Player" in the IDC MarketScape: Asia/Pacific Microsoft Dynamics 365 Implementation Services 2021 Vendor Assessment (November 2021).

Key Points: 
  • IDC had recently named Sonata Software as a "Major Player" in the IDC MarketScape: Asia/Pacific Microsoft Dynamics 365 Implementation Services 2021 Vendor Assessment (November 2021).
  • In its PEAK Matrix assessment, Everest Group classified Sonata Software as a "Major Contender", alongside other leading companies.
  • Rajsekhar Datta Roy, Global Head, Dynamics & Digital Platforms, Sonata Software said,"We are a leading player globally when it comes to enabling digital transformation for organizations on the Dynamics platform.
  • At Sonata, we pride ourselves on our ability and capabilities to deliver the outcomes our customers need from modernization and transformation."

Sonata Software recognized for its market-leading capabilities in Microsoft Dynamics 365

Retrieved on: 
Monday, December 6, 2021

IDC had recently named Sonata Software as a "Major Player" in the IDC MarketScape: Asia/Pacific Microsoft Dynamics 365 Implementation Services 2021 Vendor Assessment (November 2021).

Key Points: 
  • IDC had recently named Sonata Software as a "Major Player" in the IDC MarketScape: Asia/Pacific Microsoft Dynamics 365 Implementation Services 2021 Vendor Assessment (November 2021).
  • In its PEAK Matrix assessment, Everest Group classified Sonata Software as a "Major Contender", alongside other leading companies.
  • Rajsekhar Datta Roy, Global Head, Dynamics & Digital Platforms, Sonata Software said,"We are a leading player globally when it comes to enabling digital transformation for organizations on the Dynamics platform.
  • At Sonata, we pride ourselves on our ability and capabilities to deliver the outcomes our customers need from modernization and transformation."

Odyssey Announces Agreement to Combine with BenevolentAI

Retrieved on: 
Monday, December 6, 2021

BenevolentAI shareholders will receive Ordinary Shares of Odyssey in exchange for their shares of BenevolentAI based on a consideration exchange multiple.

Key Points: 
  • BenevolentAI shareholders will receive Ordinary Shares of Odyssey in exchange for their shares of BenevolentAI based on a consideration exchange multiple.
  • BenevolentAI shareholders made customary warranties to Odyssey and BenevolentAI relating to, among other things, organisation and standing, authorisation; binding agreement and ownership or BenevolentAI shares.
  • Odyssey Acquisition Subsidiary B.V. ("Odyssey's Dutch Subsidiary") made customary warranties to BenevolentAI and BenevolentAI shareholders relating to, among other things, organisation, authorisation; binding agreement, non-contravention; capitalisation, activities of Odyssey's Dutch Subsidiary, compliance with laws and finders and brokers.
  • Under the business combination agreement, certain warranties of BenevolentAI, the BenevolentAI shareholders, Odyssey and Odyssey's Dutch Subsidiary are qualified in whole or in part by materiality thresholds.

Captive insurance to be a primary focus in Labuan IBFC's 5-year strategic roadmap

Retrieved on: 
Friday, December 3, 2021

KUALA LUMPUR, Malaysia, Dec. 3, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) continues to expand with increasing demand for its varying captive structures from across the globe, charting a 28% increase in its premiums for captive business and 18 new captives approved as at the third quarter of 2021.

Key Points: 
  • "At the same time, the Labuan captive business model which utilises protected cell companies (PCCs) has gained traction as a cost-effective method of operating captives.
  • To date, there are approximately 7,000 captive insurance companies set up globally that enjoy this benefit.
  • Established in 1990, Labuan IBFC is regulated by the Labuan Financial Services Authority (Labuan FSA), statutory Regulator under the purview of the Ministry of Finance, Malaysia.
  • To keep up with everything about Labuan IBFC, follow us on LinkedIn, Facebook or Twitter @LabuanIBFC.