Business Wire

ABO Group, a market leader in Europe for PIPE deals and complex public cross border M&As, announces the establishment of Alpha Blue Ocean Transaction Advisory Services LTD ("ABO-TAS"), a new division dedicated to offering Public Listing Advisory, Capital Raise Advisory, Non-Deal Roadshows, M&A, Management Consulting, Restructuring Advisory and other transaction advisory services. ABO TAS is fully segregated and separate from the Alpha Blue Ocean Group’s Investment Division (which carries out the traditional investment activities of the ABO Group). ABO Group’s investment banking services will leverage the decades of combined experience of the ABO TAS team in investment banking, Public ECM and DCM and most notably structured PIPEs and complex cross border transactions. On the consulting side, the ABO TAS team is dedicated to help businesses reach their maximum potential by capturing synergies between companies and its broad network of established relationships. To spearhead this initiati

DEKA Laser, a subsidiary of El.En. S.p.A., a company operating in the Laser and Energy-Based Devices market, listed on Borsa Italiana’s Euronext STAR Milan (“STAR”), and a global leader in medical technologies, has presented its latest innovative therapy, PelviTouch, for the treatment of erectile dysfunction, at the European Society for Sexual Medicine (ESSM) congress. This technology was initially developed, with great success, for the treatment of urinary incontinence for both sexes, and it has now been optimized and specialized by DEKA’s research and development team to improve men’s intimate health, with effective treatments aimed specifically at erectile dysfunction, a field in which the Italian company is an absolute pioneer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250221055364/en/ PelviTouch Therapy Presentation at ESSM Congress (Photo by DEKA) Paolo Salvadeo, DEKA’s CEO and El.En. S.p.A.’s General Manager, has

Go Reply, a leading Google Cloud Premier Partner, together with Sprint Reply, the Reply Group’s expert in strategic consulting and digital transformation, has developed an AI-driven tool for the pharmaceutical company Dr. Willmar Schwabe that streamlines the preparation of clinical study reports and ensures compliance with the highest scientific standards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250221805824/en/ By combining Go Reply's expertise in Google technologies with Sprint Reply’s ability to transform business models, a cutting-edge solution has been created that allows Dr. Willmar Schwabe's team to focus on what really matters: advancing research for innovative medicines to improve public health. (Graphic: Business Wire) To obtain marketing authorisation for its high-quality herbal drugs, Dr. Willmar Schwabe must rigorously test their efficacy, safety and tolerability in clinical trials. By leveraging the powe

Global investment firm KKR today announced the agreement with leading Swedish developers Reliwe and The Derome Group for the forward-purchase of three multifamily properties currently under development in Haninge, located just south of the Stockholm city center. The investment is being made by KKR's European Real Estate strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220298047/en/ Credit: Reliwe / Lindberg Stenberg Arkitekter AB The development is comprised of three new properties totaling 382 residential units, expected to be completed between late 2026 and early 2027. Leading Swedish property developer Reliwe is overseeing the development, which includes two timber construction properties being built by Derome, a leading industrial business, and a third traditional concrete construction asset built to a high specification. The development is located adjacent to a bus terminal and railway station, offering excel

The Digital Cooperation Organization (DCO), the world's first standalone international intergovernmental organization focusing on the acceleration of the growth of an inclusive and sustainable digital economy, has unveiled the winners of the Digital Prosperity Awards at a ceremony held at its 4th General Assembly gala dinner hosted by the Hashemite Kingdom of Jordan, in the Dead Sea. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220587577/en/ Digital Prosperity Awards winners announced at 4th General Assembly of the Digital Cooperation Organization (Photo: AETOSWire) Attended by high-level delegations from DCO’s 16 Member States, as well as DCO’s Observers, Partners, and distinguished guests, the Awards aim to acknowledge exceptional initiatives in adopting best practices, policies, and strategies to accelerate digital transformation in their respective countries. The objective is to accelerate digital economic advanceme

IFF (NYSE: IFF) announced changes to its executive leadership team, aligned with the Company’s external reporting structure. After 21 years of dedicated service to IFF, Simon Herriott, president of Health and Biosciences, will step down. Effective March 1, Leticia Gonçalves, ADM’s president of precision fermentation and ADM Ventures, will join IFF as president of Health and Biosciences. “Since 2019, Simon has driven growth and operational effectiveness through innovation, customer intimacy and supply chain development as president of our Health and Biosciences business unit,” said Erik Fyrwald, IFF CEO. “We’re grateful for Simon’s tremendous contributions to IFF and wish him well for the future. His dedication and leadership will leave a lasting impact on our organization.” Gonçalves brings to IFF extensive experience with IFF’s end markets in innovation-based companies, having served in various senior global and regional P&L leadership roles at ADM, Bayer and Monsanto in Brazil, Europ

EnerSys(NYSE: ENS), a global leader in stored energy solutions for industrial applications, will preview their new NexSys™ BESS energy storage system and Synova™ Sync charger concepts at upcoming LogiMAT and ProMat trade shows. These advanced technologies will help operations better manage energy supply and costs – enhancing operational resilience amidst the global energy transition. These new innovations enable organizations to more efficiently store and utilize energy from time- and condition-dependent renewable sources such as wind and solar. The NexSys™ BESS energy storage system also enables operations to better manage energy costs via “peak shaving” from the traditional electric grid – storing energy during periods with lower utility rates for use during periods with higher rates. The advanced Synova™ Sync charger delivers exceptional efficiency and charging performance, featuring two-way data and energy flow capabilities that allow operations to pull energy from equipment back i

atsec is thrilled to announce it is the first accredited conformity assessment body (CAB) for the new EU Common Criteria (EUCC) certification scheme. With this accreditation, atsec can provide evaluations for the Substantial assurance level immediately, the High assurance level once authorization is received shortly, as well as post-certification compliance support. This harmonized approach to security certification is a major milestone, as the EUCC represents an evolution in cybersecurity regulations in the EU and a crucial requirement for ICT product manufacturers. atsec is a Conformity Assessment Body that provides both Information Technology Security Evaluation Facility (ITSEF) and Certification Body (CB) services, resulting in a seamless end-to-end EUCC certification process for manufacturers. atsec provides: Security evaluations and certification services at the assurance level Substantial and High. Post-certification compliance support to help manufacturers maintain their certif

Celltrion announced new post-hoc analyses of its pivotal LIBERTY studies (LIBERTY-CD and LIBERTY-UC), at the 20th European Crohn’s and Colitis Organisation (ECCO) Congress showcasing the treatment’s effectiveness across a range of key clinical outcomes in inflammatory bowel disease (IBD). The analyses highlight Celltrion’s ongoing efforts to evaluate the efficacy and safety of subcutaneous (SC) infliximab (CT-P13 SC) in achieving endoscopic-histologic remission in ulcerative colitis (UC), clinical and endoscopic improvement across all disease locations in Crohn’s disease (CD), and supporting early clinical recapture after dose escalation following loss of response in CD and UC, and long-term drug persistence regardless of ADA in CD patients.3,4,5,6 LIBERTY-UC Phase III Post-Hoc Analysis (LIBERTY-UC Endo-Histological Outcome) A post-hoc analysis of the Phase 3 LIBERTY-UC study showed that maintenance therapy with SC infliximab resulted in significantly greater improvements in endoscopic

NTT DATA, a global digital business and IT services leader, today announced the international launch of its next-generation Smart AI Agent™. This advanced AI tool is a cornerstone of the company’s strategy to accelerate the adoption of Generative AI, with an estimated $2 billion in revenue that we aim to achieve from Smart AI Agent™-related business by 2027. The Smart AI Agent™ autonomously extracts, organizes, and executes tasks in response to user instructions, complementing existing workforces and streamlining time-consuming processes. By enhancing efficiency across industries, the Smart AI Agent™ enables businesses to rapidly evaluate and deploy Generative AI applications, optimizing workflows and driving greater productivity. Yutaka Sasaki, President and CEO, NTT DATA, said: “The launch of our Smart AI Agent™ is a direct response to the growing demand for tools that unlock the full potential of Generative AI. At NTT DATA, we’re committed to pioneering innovation that drives enterp

A new global guideline for the diagnosis and treatment of Candidainfections was recently published in Lancet Infectious Diseases1. This guideline sets out new standards for managing fungal infections, which affect millions of people worldwide every year. The global guideline was developed by a team of more than 100 experts spanning 35 countries and led by Professor Dr. Oliver A. Cornely and Dr. Rosanne Sprute from University Hospital Cologne. One year following the European Medical Association (EMA)2 approval, rezafungin ▼3 has been included in the guideline, along with other echinocandins, as a strongly recommended first line therapy option for the treatment of candidaemia. Echinocandins, including rezafungin, are preferred for all forms of invasive candidiasis, excluding CNS and ocular infections, due to their broad antifungal activity and favourable safety profile. The new guideline, which took four years to develop, contains recommendations for clinicians on the prevention, diagnos

HTEC, a global digital engineering services firm, is pleased to announce a partnership extension with SiMa.ai, the software-centric, embedded edge machine learning system-on-chip (MLSoC) company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220864540/en/ HTEC announces partnership extension with SiMa.ai, an embedded edge machine learning system-on-chip company. (Graphic: Business Wire) During a successful five-year collaboration, SiMa.ai and HTEC built an ML compiler, system drivers, and other complex AI-powered software tools to support SiMa.ai’s edge AI platform. SiMa.ai also leveraged HTEC’s AI- and ML-driven engineering and chip optimization expertise to enhance its purpose-built MLSoC™. Now, HTEC will support SiMa.ai’s strategic initiatives and help streamline the delivery of SiMa.ai solutions built on its cutting-edge ONE Platform for Edge AI, further enhancing the company’s hardware and software. “Collaborating w

As enterprises look to modernize and adopt cloud-native architectures, they must still comply with existing security mandates and geographic regulations. This becomes especially challenging with cloud-based database services, where any data leaving the enterprise Virtual Private Cloud (VPC) requires thorough security review. These considerations are critical for organizations in regulated industries or those handling sensitive customer data. ClickHouse BYOC was built to address this very challenge. It allows organizations to adopt unique capabilities of the fully-managed ClickHouse Cloud service, a leading real-time analytical database, while maintaining full ownership and control of their data within their VPC. In ClickHouse BYOC architecture, the data plane consisting of storage and compute resources resides in the customer VPC, which ensures that customers are able to adhere to data residency and governance requirements, while offloading operational complexities of managing ClickHou

Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with the Federation Internationale de Gymnastique (FIG), the world governing body for gymnastics recognised by the International Olympic Committee (IOC), to become their Official Foreign Exchange Payments Supplier. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220491062/en/ Through this partnership, the FIG will be able to utilise Corpay Cross Border’s innovative solutions to help mitigate foreign exchange exposure from their day-to-day business needs. Additionally, Corpay Cross-Border’s award-winning platform will enable them to manage their global payments from a single point of access. “The Corpay Cross-Border team is honoured to be named the Official FX Payments Supplier for the FIG,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. “As we

The Board of Directors ofTula Technology, Inc., a leader in propulsion efficiency and developer of Dynamic Motor Drive® (DMD), has appointed John Fuerst as the Company’s President and Chief Executive Officer effective March 1st. R. Scott Bailey, who has served as President and CEO since 2011, has been named Executive Director of the Tula Board of Directors, where he will lead key board initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220302403/en/ John Fuerst (Photo: Business Wire) “What a great challenge and opportunity to lead the Tula team at this important stage, as we work with the automotive industry to ramp up the integration of our DMD technology into future electrified vehicles,” Fuerst said. “DMD improves the powertrain efficiency across various electrified platforms with a software-only approach, and Tula is progressing with the world’s leading vehicle manufacturers to implement DMD on their products

In the fast-paced drone industry, compliance with federal regulations and the use of advanced technology are essential for staying competitive. Esri, the global leader in location intelligence, is now supporting the Astro Max drone, the first Blue UAS cleared and NDAA-compliant drone to integrate with Esri’s ArcGIS Flight application. Developed by Esri partner Freefly Systems, the Astro Max is an American-made drone that meets the rigorous security and performance standards of the National Defense Authorization Act (NDAA) and the Defense Innovation Unit’s (DIU) Blue UAS initiative. This compact and powerful industrial drone enhances the capabilities of government and enterprise users with ArcGIS Flight. "With this integration, we're not only meeting federal customers’ demands but also staying ahead of potential federal regulations," said Brent Pierce, lead product engineer for ArcGIS Flight. “This proactive step reinforces Esri’s commitment to our users' success and solidifies our lead

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will reinforce the Saudi currency's identity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220759041/en/ The Saudi Riyal Symbol (Graphic: Business Wire) The Governor of the Saudi Central Bank (SAMA), H.E. Ayman M. Al-Sayari, extends his profound appreciation to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and HRH Crown Prince and Prime Minister, Prince Mohammed bin Salman, for launching the Saudi riyal symbol. Al-Sayari noted that this decision reinforces Saudi Arabia’s financial identity, locally, regionally, and internationally. He indicated that the implementation of the new symbol will be gradual for financial and commercial transactions, with coordination across all relevant entities. Al-Sayari said this initiative aims to promote the

CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ – a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers – today announced findings published in Transplant International1 that show the performance of AlloSeq™ cfDNA in detecting allograft rejection was consistent with its AlloSure® lab developed test. Kidney allograft rejection is the leading cause of graft failure in kidney transplant patients. Early identification and treatment of rejection is critical to reduce allograft injury and prevent irreversible damage to the transplanted organ. Traditional tests such as serum creatinine, proteinuria and the formation of donor specific antibodies (DSA) are lagging indicators of kidney allograft rejection. In this first large-scale comparative study of its kind, AlloSure and AlloSeq cfDNA demonstrate consistent performance in detecting both clinic

Spanish pharmaceutical company Ferrer has reaffirmed its status as a B Corp, an international certification awarded to companies that operate with a business model centered on positive impact and meet high social, environmental, and community standards. Ferrer has achieved a score of 136.4 points, making it the highest-rated pharmaceutical company in the world. Additionally, it now ranks as the third-highest scoring company across all sectors globally among those generating more than €500 million in annual revenue. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220329612/en/ Ferrer team celebrating becoming the pharmaceutical company with the highest B Corp score (Photo: Business Wire) According to Mario Rovirosa, CEO of Ferrer, “This achievement reflects our firm commitment to using business to fight for social justice. Every member of our organization works daily to ensure that we are not just one of the best companies

Libertex, one of the leading online brokers, is proud to announce a groundbreaking multi-year partnership with KICK Sauber F1 Team, becoming the team's Official Online Trading Partner. This collaboration signifies a new era in Libertex’s dedication to performance, precision, and innovation, aligning seamlessly with the exhilarating world of Formula One as KICK Sauber F1 Team prepares to transition into the Audi F1 factory team from the 2026 season. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250219299036/en/ (Photo: Libertex) The partnership between Libertex and KICK Sauber F1 Team is a natural synergy driven by a shared ethos of high performance, precision, and an ambition-fuelled push towards the top. Just as an F1 team fine-tunes every element of its car to gain a competitive edge, Libertex refines its technology and strategy to empower traders with speed, efficiency, and seamless execution. Success in both arenas dema