Healthcare

Addiction Biotech Cannabis Genetics Healthcare Medical Devices Pharmaceutical Science Veterinary
News Release Digital Asset Direct

NextFerm Technologies announces a commercial manufacturing agreement for the production of ProteVin™, its vegan protein, with Kothari Fermentation and Biochem, a subcontractor in India

NextFerm Technologies Ltd.

In the first stage, the production setup will enable an annual production capacity of $4M in revenues The completion of the production setup is expected during the fourth quarter, 2023 (Yokneam Illit, July 5, 2023) – NextFerm Technologies Ltd. (TASE:NXFR), a food-tech company developing ProteVin™, a vegan, fermentation-based, non-GMO protein alternative and other innovative yeast-based nutrients, announced today that it has entered into a commercial manufacturing agreement with a subcontractor in India, Kothari Fermentation and Biochem, for the production of ProteVin™. The agreement relates only for production services and doesn’t include IP transfer to the subcontractor. The company's management has worked diligently to find a solution to establish a production setup that will be in line with its financial means, so that, in this stage, this agreement replaces the establishment of the manufacturing plant with the subcontractor in North Macedonia, and will allow the company to supply market demands with a lower investment than planned and with the ability to increase future capacity. In the first stage, the production setup will enable an annual production capacity of $4M in revenues. In addition to the production equipment that the company has purchased so far, the Company estimates that the necessary investment needed for the completion of the production setup and the purchase of the production equipment for the first stage will be approximately $2M. This investment will be financed from the company's own resources. The completion of the production setup is expected during the fourth quarter, 2023. The building in which the production facility is planned to be built already exists and has needed utilities, and most of the equipment needed to operate it has already been purchased by the company and/or is in the possession of the subcontractor and is available for the company’s use. Starting 2023, five food and dietary supplement companies in the USA and Europe have launched vegan products based on ProteVin, including Swanson, one of the leading and veteran nutritional supplement brands in the USA, Spacemilk and Mushroom Design. In the five products, the ProteVin™ brand is labeled on the packaging. The company has a wide and growing base of food and dietary supplement companies, including global companies, that are examining ProteVin for use in a variety of alternative products. In addition to ProteVin, the production facility in India will allow the company to also produce and market the by-product Yeast Extract, which is obtained in the production process of the protein. This product is an ingredient that enhances taste and flavor in the food industry. The company has developed a first generation of Yeast Extract based on a unique technology developed by the company (a yeast strain and unique processes) that contributes to the quality of the Yeast Extract products and the profitability of these products. The Yeast Extract market is estimated at approximately $1.9 Billion in global annual sales, with a growth of approximately 8.7% which is influenced, among others, by the growth of the alternative food market[1]. This is one of the most important and largest categories in the flavors market. Boaz Noy, Chief Executive Officer of NextFerm, said: "In past few months, we have focused on finding an efficient and flexible production alternative to the production facility that was planned to be established in North Macedonia, which will be in line with the company's capabilities and financial resources. The production setup that will be established in India will allow us to meet the growing demand for ProteVin, with a lower investment than planned with the ability to increase future capacity. ProteVin™ is the only alternative protein on the market today with a neutral taste and an animal-like nutritional value, and we believe it will become a leading solution in the global alternative protein industry. In addition, the company will be able to initiate the production and launch of Yeast Extract, which is a vegan food ingredient that enhances taste and flavor and with a high and growing demand in the food industry." About Kothari Fermentation and Biochem Kothari Fermentation and Biochem, traded on the Bombay Stock Exchange (BSE:KFBL.BO) is a manufacturer of baker’s yeast, Instant Yeast, Active & Inactive Dried Yeast, Cell walls, yeast extract, alcohol yeast and other yeast based products. For more information, visit the Kothari website at: www.kothariyeast.in About NextFerm Technologies NextFerm Technologies, traded on the Tel Aviv Stock Exchange (TASE:NXFR) is a food-tech company engaged in the research, development, manufacturing and marketing of innovative, functional and vegan yeast-derived, non-GMO protein alternatives for various applications in the food and food supplement markets and the growing market for animal-derived protein alternatives. NextFerm's flagship product is ProteVin™, a vegan, yeast-derived protein with animal-like nutritional value (Amino acid profile BCAA=21%, Leucine=9%, EAA=53% and high digestibility PDCAAS=1) and a neutral flavor. ProteVin™ is designed for a variety of categories in the alternative protein market, which is estimated at USD 20 billion in terms of final products and at USD 3.5 billion in terms of raw materials with an annual growth rate of above 20%, including milk and dairy substitutes, meat substitutes and additional categories such as infant nutrition, adult nutrition, and sports nutrition. The Company launched ProteVin™ and initiated marketing and supplying the product in second quarter of 2022. For more information, visit the NextFerm website at: www.nextferm.com [1] https://www.fortunebusinessinsights.com/yeast-extract-market-106656 Legal Notice Regarding Forward-Looking Statements This announcement also includes forecasts, projections, assessments, estimates and other information which refer to future events and matters, the realization of which is uncertain and not exclusively under the Company’s control (forward-looking information). The main facts and data used to support this information are facts and data regarding the current position of the Company and its businesses (including the scope of sales and levels of profitability, manpower, commercial engagements and more), facts and data regarding the current global position of the Company’s operating segments (including industry-specific financial developments, environmental regulatory developments, the competitive environment, technological developments, the reinsurance market and more), and macro-economic facts and data (including the economic situation both in Israel and around the world, yields in the capital markets, social and state developments and more), all as known by the Company when publishing this announcement. The forward-looking information included above in this announcement is significantly based upon, in addition to the existing information held by the Company, on the Company’s current assessments and expectations of future developments vis-a-vis each one of the aforementioned parameters, and the interconnectedness of each one of these developments. The Company has no certainty that its forecasts and assessments will indeed eventuate, and the Company’s operating results may be materially different than the results assessed or implicit based on that set forth above, inter alia, as a result of a change in any of the aforementioned factors. Contact Details NextFerm Technologies Ltd. Yossi Ohana - CFO +972 54-771-5893 yossio@nextferm.com Investor and Media Contact Meirav Gomeh-Bauer +972 54-476-4979 meirav@bauerg.com

July 05, 2023 03:06 PM Eastern Daylight Time

STIMULATE: The Nation’s First-Ever B2B Sexual Wellness Trade Show to Debut July 24 & 25 in Nashville, TN

STIMULATE Trade Show

Nashville, TN – July 5, 2023 – STIMULATE: A B2B Sexual Wellness Trade Show will debut in Nashville, TN on July 24 + 25, 2023, as the nation’s first and only trade show and conference experience dedicated to sexual wellness. Among the categories represented at STIMULATE include products that support intimate care, sexual health, pleasure products, lubricants and grooming, games + novelty including home accessories and party supplies, lingerie, fashion accessories, and more. “With sexual wellness supporting consumers from young to mature and across a variety of categories, it’s important for retailers, vendors, and industry leaders to have a dedicated, professional environment for connectivity, discovery, and learning experiences. This is why I am so thrilled to bring STIMULATE to life and to further support this rapidly growing retail category,” shares Nicole Leinbach, Founder of RetailMinded.com and STIMULATE, as well as a longtime retail industry leader, author, and Professor of Retail Marketing at Columbia College Chicago. With the sexual wellness industry expected to reach 65+ Billion in global sales by 2026, STIMULATE looks forward to bringing vendors, manufacturers, distributors, and brands together to connect with retailers, online sellers, spas, salons, and more. This B2B trade show is unlike any other in the market and will include a variety of educational experiences designed specifically for retail operators. Retailers such as Target, Ulta Beauty, Walgreens, and Anthropologie have already welcomed sexual wellness into their inventory assortment, and STIMULATE wants to provide a destination for more retailers to both discover and learn how sexual wellness can be introduced into their own stores. STIMULATE+Educate: 20 Speaker Sessions As part of the STIMULATE, there will be over 20 complimentary sessions under the STIMULATE+Educate experience with speakers that include Rebecca Alvarez Story, who is the Founder of intimate care line Bloomi which can be found at Target, Saks Fifth Avenue, and other retailers, as well as the Senior Editor of Beauty Independent, Claire McCormack. Nationally renowned surgeon and Founder of both BeSpoke Surgical and Future Method, Dr. Evan Goldstein, will also be among the speakers presenting at STIMULATE+Educate. Additionally, his anal product care line Future Method will be exhibiting at STIMULATE, as well. View Full Speaker Agenda HERE “ I’ve been covering the rise of sexual wellness for several years, as many exciting brands entered the space and both investors and retailers began to accept the category as an integral part of wellness. I am excited to share my insights on trends I’m seeing in the space, the unique challenges sexual wellness brands continue to face, and what I think the future of the category looks like,” shares Beauty Independent’s Claire McCormack. Additionally, attendees of STIMULATE can look forward to exploring products from brands that include Bloomi, Champ Condoms, Sportsheets, NuSensuelle, Zalo Pleasure Products, and more. Debuting their brands for the first time ever include Dahlier - a genderless lingerie + intimate care line - and Sexpot Apothecary, an herb-based sexual health brand supporting libido, reproductive health, and more. Leiamoon, BLK Alchem y, and bido will also be among the emerging brands. " We are thrilled to connect with retailers at STIMULATE, as we continue to spread information about the powerful, transformative practice of vaginal steaming. At LEIAMOON, we seek to normalize conversations around the health and vitality of the most sensitive, creative, pleasure-centers of our bodies,” Jessica Pratt, Designer & Co-Founder of LEIAMOON LLC, explains. Expanding on their enthusiasm to join STIMULATE is John O’Keefe, Co-Founder of Champ Condoms. “ Team Champ is thrilled to be attending the inaugural Stimulate event this year. We’re looking forward to connecting with like-minded modern sex health brands and potential retail partners. We are also excited to hear from thought leaders like Claire McCormack.” One of the nation’s largest distributors of pleasure products, party supplies, and lingerie, Eldorado Trading, will also join STIMULATE as the exclusive exhibiting distributor. “ Eldorado is thrilled to partner with Retail Minded for the inaugural STIMULATE show in Nashville! We believe our expert distribution services and educational resources will prove to be a solid value for the attendees. We look forward to meeting with current customers to talk about growth opportunities as well as meeting with new customers to help their businesses diversify into the adult and sexual wellness categories,” shares CEO Wanda Garland. As part of the STIMULATE experience, attendees can look forward to an evening of live music and an open bar with a balcony view of Nashville’s famous Broadway Avenue hosted by Eldorado Trading. This STIMULATE+AfterHours experience will feature Nashville artist Aly Cutter. STIMULATE: A B2B Sexual Wellness Trade Show will take place July 24 & 25, 2023, in one of America’s most vibrant cities, Nashville, Tennessee. CONTACT INFORMATION: Media, vendors, and retailers* interested in participating in STIMULATE should email stimulate@retailminded.com for more information. *Qualified retail buyers and their teams receive complimentary admission ABOUT RETAIL MINDED: PRODUCER of STIMULATE: A B2B Sexual Wellness Trade Show Retail Minded is an internationally recognized media company that is committed to delivering quality news, education and support specific to retailers and online sellers. Founded in 2007 by retail thought leader, author, and Professor Nicole Leinbach, Retail Minded introduces retailers to leading industry resources, merchant-specific news, and timely education to help commerce professionals thrive. Retail Minded proudly produces the Independent Retailers & Sellers Conference bi-annually in Las Vegas each year and works with a variety of retail- focused businesses throughout the world and will debut the nation’s first sexual wellness B2B trade show – STIMULATE – in 2023. Explore more about Retail Minded at RetailMinded.com. Contact Details STIMULATE: A B2B Sexual Wellness Trade Show Taylor Stinnett +1 312-925-8562 Stimulate@retailminded.com Company Website https://stimulatetheshow.com/

July 05, 2023 10:00 AM Eastern Daylight Time

Auri Inc. – Dividend, Retirement Timelines and Expectations

Auri, Inc.

Auri Inc. (OTC: AURI ) (“AURI”) (the “Company”) is proud to announce a dividend of AURI Tokens 1 to 200 for every single share owned of AURI stock. Along with the retirement of 300 million shares of stock returned to treasury from the out standing shares and 9 billion shares reduced from the Authorized shares. The CEO Edward Vakser goes on to state: “The company has worked a very long time to bring the right pieces to the table at the right time. We are excited to finally show shareholders what we have been working for. The over all value is far a fields stronger than it was even a year ago! We are excited to give a piece of the pie back to shareholders who have waited through this long journey. We as a company are now focused on share structure reductions, reporting preparation for SEC reporting status, and sales growth for our products, and services.” Dividend Information The company recently posted a ruling given to OTC markets by FINRA regarding trading rights to OTCMarkets for digital currencies. The company will have an ex dividend date of October 02, 2023. Outstanding Share Retirement expectations The company will be returning to treasury shares up to at least 1 billion shares from the outstanding stock. We will be conducting this in at least 3-4 blocks between July 3, 2023 and August 10, 2023. Authorized Share Reduction expectations The company is obligated to retire 10 billion shares from the Authorized common stock according to its acquisition contract with Apex Farms Corp. for the 2 US patents it acquired along with marketing materials, media, and data. The company will conduct the retirements in 2 tranches. The first tranche will be 9 billion shares approved by the company on July 1, 2023. However the last 1 billion shares from the Authorized shares will be retired once the Outstanding shares returns to below 3 billion shares. Our plan is to retire the last 1 billion shares prior to close of Q3 2023. Recent Acquisitions Recently the company has acquired Aqua Vertical Farms Inc. a Wyoming corporation via 100% control. The company has launched the website for its newly acquired patents www.aquavertical.com as well as launched pre-orders for the residential systems. About the Hydroponics Vertical Farming system The consumer systems allow the grower to grow up to 45 full size plants in a 13 square foot area. The systems boast water control valves for greater control of water flow, the ability to be connected to a water timer, and the ability to be used hydroponically with fish! The system is the perfect small growing system for the back yard or porch! Edward Vakser goes on to say “we are excited to be launching this product and for a limited time From July 1, 2023 to July 31, 2023 Auri Inc will be matching buyers of the system with up to $250 of Auri Token for every purchase!’ About The Patents Acquisition Auri Inc. has signed an acquisition agreement with Apex Farms Corp which is in the middle of liquidation of its remaining assets for the 2 US patents No.’s 9,795,097 and 10,004,188. The company has paid common shares for said patents. However Apex Farms Corp. had several negotiable terms set forth in the contract to bring more value to AURI in the process. Buyer agrees to retire 1 billion shares from the O/S within 30 days of close of this agreement. Buyer agrees to not issue more shares through the Regulation A+ tier 1 post date of May 23, 2023 Buyer agrees to comply and produce PCAOB Audits within 160 days of May 23, 2023 Buyer agrees after closing the Regulation A+ Tier 1 the Authorized shares will be reduced to 3 billion or less but can be raised again for an S-1 Registration. About patent No.’s 9,795,097 and 10,004,188 These patents were invented by Justin Williams and Alexander M. Woods-Leo and the venture started in 2013. The patents are in reference to A-Frame technology and are primarily designed as Outdoor/Indoor systems. The goal of this technology was to allow farmers to buy 1 row and scale up as the farmer made money from the system without having to buy an entire indoor facility. However the system was designed to be optimal in greenhouses. Auri Inc. wishes to explain the patents at the time of closing are owned by Apex Farms Corp. Recently the company announced following: The company and its management are excited to welcome the long-awaited news from FINRA regarding trading digital assets such as crypto currencies, NFT’s and other Digital Securities. We see the future, and so do FINRA and OTC Markets. Allowing OTC Markets to trade digital securities and crypto currencies adds value and opportunities to any company that can deliver and trade their NFT’s and Tokens as an added value to its shareholders. https://securities-law-blog.com/2023/06/27/finra-approves-otc-markets-to-trade-digital-securities/ About Auri Inc. AURI Inc. as good as gold! The Company was formed by a group of investors whose talents and interests were based in Production, Content Development, Audio/Visual Presentations, Intellectual Properties Development, and acquisitions, as well as oil and gas and real-estate investments. The company launched its own Crypto Currency, www.Auritoken.io and has licensed its Art Inventory at nft/blackdracos.com. The management is based around seasoned corporate officers, directors and consultants who are experienced in management and mergers/acquisitions of multimillion dollar companies. The company's plan and concept were developed and based around a plan of acquiring and developing High End Art and Reproductions, backed by AURI Gold Crypto Currency, focusing AURI INC to become a Publisher and Licensor as well as NFT developer. Then, retaining the duplication and reproduction rights, on an exclusive basis, in order to sell and distribute the products worldwide. The company and management believe that they can create, sustain and grow one of the largest art publishing companies in the world. AURI Inc., also owns a "wholly owned subsidiary": EVAP Inc. Evap Inc. has patent pending technology to assist with one of the biggest issues in the oil and gas industry, "PRODUCED WATER". The technology can take produced saltwater and turn it into a steam cleaner than most cities tap water by removing most of the metals and suspended solids. Safe Harbor Statement: This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, and domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets. Press Contact info: Mark2media Group auriincpr@gmail.com (302) 261-9663 Twitter: @AURI_OTC LinkedIn: https://www.linkedin.com/company/auri-inc/ FB: https://www.facebook.com/profile.php?id=100057444009513 TikTok: https://www.tiktok.com/@auri_otc?_t=8deaRcgzNs6&_r=1 Contact Details Mark2media Group auriincpr@gmail.com

July 05, 2023 08:45 AM Eastern Daylight Time

tutorrio data engineering leerprogramma opent voor nieuwe aanmeldingen

Klarrio

De inschrijvingen voor het tutorrio data engineer leerprogramma van Klarrio zijn opnieuw geopend: een uitgebreid, praktijkgericht programma dat beschikbaar is voor iedereen, ongeacht leeftijd, geslacht, formele onderwijsachtergrond in IT of financiële situatie. In slechts negen maanden kunnen deelnemers data engineering onder de knie krijgen met een jobcontract bij het Antwerpse systeemintegratie- en softwareontwikkelingsbedrijf Klarrio. Uit de meest recente Digital Economy and Society Index (DESI 2022) blijkt dat het aandeel ICT-specialisten in België weliswaar iets hoger ligt dan het EU-gemiddelde, maar dat het land nog steeds kampt met een aanzienlijk tekort aan deze professionals. "Hoewel er veel goede initiatieven zijn om het tekort aan vaardigheden in IT aan te pakken, is er onvoldoende aandacht voor data-engineering," zegt Kurt Jonckheer, Chief Executive Officer bij Klarrio. "De vraag naar data engineers zal de komende jaren naar verwachting blijven groeien. Scholen kunnen simpelweg niet voldoende data engineers op de markt brengen met vaardigheden en kennis die voldoen aan de vraag vanuit de industrie. tutorrio fungeert als een katalysator die Klarrio versnelt in het uitbreiden van zijn competentiecentrum in Europa." "Ook al willen veel mensen data-engineering studeren, ze kunnen het zich vaak niet veroorloven of krijgen niet de kans om dat te doen," zegt Bram Stes, Head Coach bij tutorrio. "Klarrio wil dit probleem oplossen met een 'verdien terwijl je leert'-model. Dit betekent dat de geselecteerde kandidaten kunnen deelnemen aan het tutorrio programma zonder collegegeld te hoeven betalen, en ze ontvangen een competitief beloningspakket vanaf de dag dat ze beginnen met hun studie." tutorrio staat open voor iedereen met affiniteit met coderen en een basiskennis van en interesse in informatica, of ze nu aan het begin van hun carrière staan of toe zijn aan een carrièreswitch. Tijdens de cursus kunnen ze een stevige basis in software engineering opbouwen door een unieke combinatie van lessen op locatie die worden gegeven door Klarrio experts, zelfstudie en groepsopdrachten. Wat tutorrio onderscheidt van andere aanbiedingen is Klarrio's toewijding aan open-source software: deelnemers leren de nieuwste, veelgevraagde geavanceerde frameworks te gebruiken. Het curriculum behandelt ook onderwerpen zoals cloud-economie en ethische overwegingen met betrekking tot gegevensbescherming en privacy. De inschrijvingen voor het volgende programma zijn op 4 juli 2023 geopend en zullen eind november sluiten. De lessen beginnen in januari 2024. Geselecteerde kandidaten beginnen hun studie als Klarrio medewerkers en worden junior data engineers na afronding van het programma. Meer informatie over het programma: https://tutorrio.com/ Over Klarrio: Klarrio is een toonaangevend systeemintegratie- en softwareontwikkelingsbedrijf gespecialiseerd in real-time datastreaming. Met bijna een decennium aan ervaring in cloud-native en open-source technologieën, bouwt Klarrio cutting-edge data foundations die disruptieve, robuuste en technisch complexe oplossingen leveren voor organisaties wereldwijd. Klarrio heeft zijn hoofdkantoor in België en wereldwijd vijf kantoren, waaronder Nederland, Duitsland, Spanje, de VS, en Australië. Contact Details Klarrio Media Contact press@klarrio.com Company Website https://www.klarrio.com/

July 04, 2023 03:01 AM Eastern Daylight Time

tutorrio Data Engineering Learning Program Opens for New Applications

Klarrio

Applications are once again open for Klarrio’s tutorrio data engineer learning program—a comprehensive, hands-on training available to every aspiring data engineer with an affinity for coding, regardless of age, gender, formal educational background in IT, or financial situation. In only nine months, participants can master data engineering while already having a job contract with Klarrio, an Antwerp-based systems integration and software development firm. The latest Digital Economy and Society Index ( DESI 2022 ) shows that while the share of ICT specialists in Belgium is slightly higher than the EU average, the country still suffers from a significant shortage of data engineering professionals. “Though there are many great initiatives to tackle the skills shortage in IT, there’s an insufficient focus on data engineering,” says Kurt Jonckheer, Chief Executive Officer of Klarrio. “Demand for data engineers is expected to grow exponentially in the coming years, but most formal education still focuses on data science.” “Schools today cannot bring enough data engineers to the market with the necessary skills and knowledge to meet the current level of industry demand. tutorrio acts as a catalyst for training talented data engineers, accelerating Klarrio in extending its center of competence in Europe.” “Although many people want to study data engineering, they often can’t afford to do so, or they just don’t have the opportunity,” says Bram Stes, Head Coach at tutorrio. “Klarrio aims to solve the problem with an ‘earn while you learn’ model. This means that selected candidates can participate in the tutorrio program without paying a tuition fee, and receive a competitive remuneration package from the day they start their studies.” tutorrio is open to everyone with an affinity for coding, and a basic understanding of and interest in computer science, whether they’re just starting their career or looking for a change. Throughout the course, participants can build a robust foundation in software engineering through a unique combination of on-site lessons with Klarrio experts, group assignments, and self-study. Participants will learn to use and work with the latest, cutting-edge open-source frameworks. The training also covers a broad range of topics beyond the basics, such as cloud economics and ethical considerations regarding data protection and privacy. Applications for the new semester opened on 4 July and will close at the end of November, with classes starting in January 2024. Chosen candidates will begin their studies as Klarrio employees and will become junior data engineers upon completion of the program. For more information about the tutorrio program, go to: https://tutorrio.com/ About Klarrio: Klarrio is a leading systems integration and software development firm specializing in real-time data streaming. With nearly a decade of experience in cloud-native and open-source technologies, Klarrio builds cutting-edge data foundations that deliver disruptive, robust, and technically complex solutions for organizations globally. Headquartered in Belgium, Klarrio maintains five additional offices worldwide, including The Netherlands, Germany, Spain, USA, and Australia. Contact Details Klarrio Media Contact press@klarrio.com Company Website https://www.klarrio.com/

July 04, 2023 03:00 AM Eastern Daylight Time

US radiologists working with Nutex Health Hospitals now have access to world-class DrAid™, an artificial intelligence doctor’s assistant

Vingroup

HANOI, VIETNAM - Media OutReach - 3 July 2023 - VinBrain's advanced AI assistant in diagnostic imaging, DrAid™ Chest XR, was successfully integrated into the radiology workflow of Nutex Health Inc. in Houston, Texas, United States through a Software Subscription License Agreement – SaaS (Software as a Service) model. Nutex Health Inc. is a physician-led healthcare organization with 19 hospitals across 8 states, focusing on functional emergency care and primary care. With a revenue of USD219.2 million in the fiscal year 2022, Nutex Health Inc. has recognized the positive impact of DrAid™ during its 90-day trial, particularly in the ER department's radiology care pathway (Emergency Radiology). DrAid™ CXR employs AI algorithms to prioritize and triage abnormalities in chest X-rays with an impressive accuracy rate of 91%. Integrating DrAid™ Chest XR into Nutex Health facilities allows for the timely identification and prioritization of time-sensitive findings in chest X-rays. Furthermore, it assists in clinical management and reduces the chances of errors or delays in reporting. Within a year of receiving the first FDA 510(k) clearance last September, DrAid TM successfully secured commercialization in the United States for its AI-enabled Radiology v1. This rapid achievement highlights the efficiency and effectiveness of the system in detecting suggestive pneumothorax findings in human chest X-rays. Dr. Tom Vo, CEO & Chairman of Nutex Health Inc., commended DrAid™ CXR for its remarkable impact, stating, " The software is a high-standard product capable of identifying abnormalities in chest X-rays." By this, DrAid™ CXR enhances the probability of confirming a case and saves valuable time for doctors, especially during odd or late-night hours in time-sensitive settings like the ER departments. Dr. Vo concluded, " We selected a great AI company to optimize the service workflows of our ER hospitals. " Mr. Steven Truong, VinBrain’s Chief Executive Officer, expressed his thoughts on this deployment: “This collaboration represents the integration of innovative medical infrastructure in micro-hospitals, aligning with the global healthcare industry's ongoing transformation towards AI-powered solutions”. VinBrain persists in challenging markets like the US while developing new AI products to combat global diseases. In June, their DrAid™ Liver Cancer CT gained recognition at the esteemed 4th Stanford AIMI Symposium (USA) and the 10th Radiological Congress of Ho Chi Minh City, Vietnam. Liver cancer accounted for 905,677 new cases and 830,180 deaths in 2020, with a projected risk for over 90 countries and 30 million lives by 2040. VinBrain remains committed to addressing this pressing global health issue. VinBrain's innovative platform employs advanced AI technology for rapid and accurate identification of abnormal liver lesions. It not only facilitates the detection of cancerous growths but also delivers precise quantitative measurements of lesion volume and diameter, even for tumors as small as 5mm. At the 10th Radiological Congress of Ho Chi Minh City, Nguyen Minh Duc, MD, Ph.D., Head of the Scientific Committee at Pham Ngoc Thach University of Medicine in Vietnam, and Deputy Editor of Radiology Case Reports, commended “This exceptional medical imaging innovation developed by skilled Vietnamese professionals highlights VinBrain's proficiency in the AI era. The technology holds promise for assisting oncologists in assessing liver cancer and has the potential to expand its application to other types of cancer.” During his recent visit to VinBrain's office in Hanoi, Vietnam, Gregory Moore, MD, Ph.D., Corporate Vice President of Microsoft Health and Adjunct Clinical Professor of Radiology at Stanford University School of Medicine, who holds a Radiological Sciences Ph.D. from MIT and specializes in Neuroradiology, expressed his admiration for VinBrain. He remarked, "I am inspired by how VinBrain has swiftly responded to the pressing needs by overcoming obstacles, embracing cutting-edge technology, and delivering a positive impact to the healthcare ecosystem in Vietnam, Southeast Asia, and now, with their first FDA approval, in the United States." He further described VinBrain as a trailblazing health tech company that generates contagious momentum. Nutex Health Inc. Nutex Health Inc. (NASDAQ: NUTX) is a US-based for-profit healthcare delivery system headquartered in Houston, Texas. The company operates in two divisions: The Hospital Division and the Population Health Management Division. Currently, the Hospital Division owns and operates 19 facilities across eight states, and there are plans for an additional 14 facilities shortly. VinBrain VinBrain is a startup that has been operating for four years and is backed by Vingroup, the largest conglomerate in Vietnam. The company aims to integrate AI and IoT technologies to enhance people's lives and productivity. With an impressive portfolio of cutting-edge tech products and platforms, such as DrAid™ and AIScaler™, VinBrain has developed more than 300 AI models specifically designed for processing medical images. These models have been built using a dataset that comprises over 2.5 million images and extensive text-based big data from Vietnam, the USA, and India. One of VinBrain's notable achievements is the deployment of DrAid™, a comprehensive AI platform for diagnostic radiology, in over 100 hospitals across Vietnam, Myanmar, New Zealand, and the USA. Contact Details VinBrain Hang Vu, Chief Marketing Officer +84 90 393 12 46 hang.vu@vinbrain.net Company Website https://draid.ai

July 03, 2023 09:30 AM Eastern Daylight Time

Image

Creo Medical Group "looking very well" - Proactive Research Analyst

Creo Medical Group PLC

Proactive Research Analyst Daniel Appiah gives the highlights from his latest research note on UK-based medical device company Creo Medical Group PLC (AIM:CREO). Creo recently announced that the medical device company's Speedboat Inject product was used for the first time in an upper gastrointestinal (GI) procedure in Europe, a major milestone for the business. Appiah says Creo is "looking very well" and gives his take on what recent developments are likely to mean for the company's financials. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 03, 2023 09:09 AM Eastern Daylight Time

Video

Prenetics Global signs "transformational" $200mln deal to create cancer screening JV

Prenetics Global Ltd

Prenetics Global Ltd (NASDAQ:PRE) CEO Danny Yeung speaks to Thomas Warner from Proactive after announcing a $200mln deal to create a multi-cancer early detection screening joint venture with Professor Dennis Lo. The new JV will be called Insighta and Yeung will serve as its first CEO. Yeung reveals plans to launch tests targeting lung and liver cancer in 2025, with a goal of selling over 30 million tests annually by 2030. Contact Details Proactive United States Proactive United States +1 347-449-0879 action@proactiveinvestors.com

June 30, 2023 08:00 AM Eastern Daylight Time

Video

News Release

Xeris Biopharma CEO reveals impact of CSO's departure and exciting future plans

Xeris Biopharma Holdings

Xeris Biopharma CEO Paul Edick joined Proactive's Natalie Stoberman to share the resignation of the company's Chief Scientific Officer and Founder Dr. Steven Prestrelski as he transitions to a consulting role with Xeris. Edick said the impact of Dr. Prestrelski stepping down as the CSO will be negligible as Xeris Biopharma has transitioned from a research and development company to primarily a commercial business with development activities. Edick adds that Xeris Biopharma will retain Dr. Prestrelski as a consultant for the next year or two as needed. Edick also expressed excitement for Dr. Prestrelski's future endeavours, potentially starting another company focused on peptides and research which aligns more with his interests, and emphasized that the rest of the company is operating well with a healthy business, three growing products, partnerships with Big Pharma, and another product in the pipeline. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

June 29, 2023 04:19 PM Eastern Daylight Time

Video

1 ... 92 93 94 95 96 ... 285