News Hub | News Direct

All Industries


Article thumbnail News Release

Iofina brings production up to speed at IO#9 and looks to the future

Iofina PLC

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker speaks to Thomas Warner from Proactive after the iodine producer confirmed that IO#9, launched in June 2023, is now successfully producing 100-150 metric tonnes annually after a period of running below capacity. Becker goes on to reveals plans for a tenth plant, leveraging lessons from IO9's slow start. This new plant, situated near IO#9 in western Oklahoma, is part of Iofina's ongoing expansion, with a potential launch in mid-to-late next year. The company aims to streamline processes and has made additional hires to facilitate this growth. He also addresses efforts to bolster sales and marketing efforts, which include hiring a senior sales and market manager. This role will enhance customer relationships and explore new specialty chemical products. Additionally, Iofina is conducting R&D and scaling up new product lines, with upcoming website enhancements to support marketing and communication. Regarding iodine prices, a crucial aspect for Iofina, Becker noted a slight decline from previous highs but expects stable prices around $65-$70 per kilo. The demand for iodine, particularly in injectable contrast agents, remains strong, suggesting continued high market prices, barring any major disruptions. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 05, 2023 12:02 PM Eastern Standard Time

Video
Article thumbnail News Release

Curvance Raises $3.6M in Seed Round from Over 20 DAOs and DeFi Builders including Offchain Labs and Wormhole

Curvance

Curvance introduces a new, efficient approach for users to yield farm and maximize yield on their DeFi investments Curvance, a full-service omnichain money market for yield-bearing, LSDfi, tokenized treasuries, and primitive assets, announces the close of a $3.6M seed round supported by Offchain Labs, Wormhole, prominent angel investors including Polygon Co-Founder Sandeep Nailwal, and core contributors from Scroll, Mantle, Eigenlayer, GMX, Curve Finance, Convex Finance, Balancer, Aura Finance, and Pendle Finance. Decentralized Autonomous Organizations (DAOs) such as Frax Finance and others also contributed to the round. Founded in 2022, Curvance is the “everything app” for lending and borrowing, providing decentralized finance (DeFi) users with an all-encompassing way to manage any of their assets, eliminating fragmentation and barriers to entry in the ecosystem. “Curvance will give users of any blockchain an easy route to participate in Polygon DeFi, with the potential to make onboarding easier than ever. As DeFi on Polygon zkEVM and Polygon CDK continue to gain momentum, reducing friction into DeFi opportunities is more powerful than ever,” says Sandeep Nailwal from Polygon. By tapping into omnichain infrastructure, Curvance is able to support Ethereum, as well as numerous partner chains simultaneously such as Arbitrum, Optimism, Scroll, Base, and Polygon zkEVM. Curvance’s cross-functional omnichain design unlocks capital efficiency not possible prior, working in tandem with Decentralized Exchanges (DEXs) like Curve, Balancer, Velodrome, GMX, Pendle, and other assets such as Liquid Staking Derivatives (LSDs). “With this funding round, Curvance will be able to expand on its value proposition of bringing forward a more approachable money market experience for both DeFi newcomers and experienced yield farmers and traders alike “ says Curvance Co-Founder, Chris Carapola. “We are excited to have attracted a group of investors who bring incredible experience and are ready to work with us toward our shared vision.” Carapola says the raised capital will be used to continue Curvance’s operations costs, support continued security audits, as well as maintain and hire more in-house talent for the project. “When we started looking for funding, we chose to talk to our partners first, instead of just going to venture capital firms,” commented Curvance Co-Founder Michael Butcher. “This way, we ended up with a group of investors who care about our long-term success. We’re happy with how it turned out and can’t wait to launch Curvance on testnet soon.” Users can learn more about Curvance by visiting Curvance’s website and follow them on Twitter. About Curvance Curvance is a full-service omnichain money market for yield-bearing assets. Users can collateralize, leverage, and boost asset rewards across DeFi, with optimal efficiency, and consolidate DeFi yield across various assets such as AMM LPs, Perpetual Exchange LPs, interest-bearing stablecoins, and more, in one user interface. Contact Details Curvance Margaret Hyde margaret@curvance.com

December 05, 2023 12:01 PM Eastern Standard Time

Image
Article thumbnail News Release

Oncimmune "relaunch" already delivering results

Oncimmune Holdings PLC

Oncimmune Holdings PLC (AIM:ONC) CEO Martin Gouldstone speaks to Thomas Warner from Proactive London about what he describes as the relaunch of the business. Gouldstone discusses the significant changes made to the company's strategy following his appointment in August, saying that his primary focus has been on maximising the commercial and scientific value of the company's Immune Insights platform, centred in their Dortmund labs. The new strategy, announced on October 12th, aims to expand the platform's capabilities in drug discovery and development and reach different customer verticals, extending from big pharma to smaller biopharma and CRO partnerships. With extensive industry experience dating back to 1990, including roles in major CROs and corporate finance, Gouldstone brings a wealth of expertise to Oncimmune. Since taking the helm, he has conducted a comprehensive review of the business, covering everything from finances to operations. The outcome has been positive, with a productive team in Germany, established relationships with large pharma, and a growing commercial team. Gouldstone's short tenure has already seen tangible successes, including the signing of four deals aligned with the new strategy, indicating early commercial traction. He anticipates continued growth and success in line with the company's evolving strategy and robust pipeline. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 05, 2023 12:00 PM Eastern Standard Time

Video
Article thumbnail News Release

PathAI Announces Research Presentations at the San Antonio Breast Cancer Symposium

PathAI

PathAI, a leading technology company which combines AI-powered pathology solutions with end-to-end central pathology and histology services, today announced it will present four research presentations underscoring the value and potential of PathExplore’s* human interpretable features (HIFs), and one research presentation demonstrating the ability of the AIM-HER2* product to accurately predict HER2 scores, including in HER2-low cases, at the San Antonio Breast Cancer Symposium on December 5-9, 2023, in San Antonio, TX. “This research builds on our past successes and proceeds to show that PathAI’s algorithms continue to further our understanding of cancer biology and disease mechanisms,” said Andy Beck, M.D., Ph.D., co-founder and chief executive officer of PathAI. “At PathAI, we continue to demonstrate the clinical potential for these AI pathology tools, and we’re confident that it will ultimately translate to advancements in precision medicine and patient outcomes.” Poster #PO1-07-01: Artificial Intelligence-based prediction of Oncotype DX score from whole slide images using human-interpretable features and breast biomarkers The Oncotype DX Breast Recurrence Score assay (ODX) is a commonly used genomic test for patients with estrogen receptor (ER)-positive, HER2-negative, early-stage invasive breast cancer. While ODX predicts patients’ recurrence risk and benefit from chemotherapy, it is time-consuming and expensive. Using human-interpretable features extracted from H&E whole slide images with the PathExplore Breast model, together with manually assessed ER, PR, HER-2 scores, and tumor stage, PathAI, in collaboration with researchers from the Cleveland Clinic Foundation, developed interpretable models for predicting ODX recurrence scores using histological features and clinical covariates. The models achieved a level of performance comparable to previous deep-learning approaches, while also revealing the contribution of features such as cancer cell density, immune cell density, and variations in cancer nuclear shape and color to the ODX score prediction. Using readily available information, the model has the potential to be a convenient screening tool for patient stratification, which may lead to better patient care, lower costs, and faster treatment. Presenting Author: Nhat Le Time/Location: Wednesday, December 6, 12:00 PM – 2:00 PM, Poster Session 1 Poster #PO3-07-04: Prediction of PAM50 molecular subtypes from H&E-stained breast cancer specimens using tumor microenvironment features and additive multiple instance learning models PAM50, a 50-gene signature, classifies breast cancers into one of five subtypes and has emerged as a key prognostic indicator influencing treatment decisions. There is growing interest in bridging the gap between expression-based metrics and histopathology. In this poster, PathAI describes a computer vision-based approach to predict PAM50 classification using H&E-stained whole slide images (WSIs). Two separate machine learning approaches were developed to predict PAM50 subtypes from WSIs. Both models performed well in predicting Basal, Luminal A, Luminal B, and Luminal (A+B) subtypes, and provide biological interpretability not found in typical black-box models. The results support the notion that AI-powered digital pathology can accurately and reproducibly perform molecular-based classification tasks such as predicting PAM50 classifications using WSIs, suggesting a more efficient path toward clinically relevant breast cancer characterization. Presenting Author: Nhat Le Time/Location: Thursday, December 7, 12:00 PM – 2:00 PM CT, Poster Session 3 Poster #PO1-15-01: Digital pathology models reveal case-specific characteristics of the tumor microenvironment Tumor microenvironments are complex three-dimensional structures, but often only single histological sections are used to glean biological information for research purposes or in some diagnostic practices. These conclusions can also be affected by technical factors in slide preparation and digitization. In this research, PathAI applied PathExplore, a suite of digital pathology models to identify cell and tissue substances as well as their spatial relationships, to whole-slide images of breast cancer tumors and quantified intra- and inter-tumor heterogeneity in human-interpretable features of the tumor microenvironment. The results reveal biological and technical variability that can inform selection and interpretation of biomarkers derived from single slides. The ability to uniquely identify slides from the same case additionally demonstrates the technical robustness of digital pathology models for yielding quantitative insights into tumor biology. Presenting Author: Ylaine Gerardin Time/Location: Wednesday, December 6, 12:00 PM – 2:00 PM, Poster Session 1 Poster #PO2-14-12: Accurate quantification of slide-level HER2 scores in breast cancer using a machine-learning model, AIM-HER2 Breast Cancer The HER2 biomarker is critical in determining a breast cancer treatment course. To aid accurate interpretation of HER2-stained breast cancer specimens, PathAI developed the AIM-HER2 machine learning model, which demonstrates that the model performs comparably to pathologists in the prediction of HER2 scores (0-3+), including HER2-low. Comparable concordance between AIM-HER2 and pathologists was also observed irrespective of the HER2 antibody clone or slide scanner used. AIM-HER2 was developed using “Additive Multiple Instance Learning,” a novel technique which yields highly explainable results as slide-level scores and heatmaps, thereby supporting future use in AI-assisted pathologist workflows. Presenting Author: John Shamshoian Time/location: Wednesday, December 6, 5:00 – 7:00 PM CT, Poster Session 2 For more information, visit our poster sessions. For BioPharma opportunities, reach out to meet with our team at bd@pathai.com. To get in touch with our Digital Diagnostics team, reach out to digitaldx@pathai.com. For Academic Research opportunities, reach out to ryan.leung@pathai.com and liz.thomas@pathai.com *PathExplore and AIM-HER2 are For Research Use Only. Not for use in diagnostic procedures. About PathAI PathAI is a recognized leader in the biopharma partnering space, uniquely combining AI-powered pathology solutions with end-to-end central pathology and histology services. The company supports biopharma partners in executing clinical trials where pathology-based endpoints, biomarker classification, and/or superior histology quality are critical to successfully gauging therapeutic efficacy, accelerating drug development for complex diseases. PathAI has already supported multiple Phase 2 clinical trials in NASH, IBD, and breast cancer, as well as oncology neoadjuvant trials, and is now expanding into larger scale global Phase 3 studies, as well as additional indications. PathAI provides a fully integrated approach to clinical trials, enabling pharma partners to leverage the power of AI without the heavy lift of implementation. This helps reduce the impact of challenges associated with clinical trials, including unreliable turnaround times, variable histology, stain or scan/digitization quality, and challenging assessment of histological endpoints. The lab offers all major immunohistochemistry staining platforms, with flexible workflows across different scanners, stains, and biopsy types, which improves the quality of clinical trials. Services include access to PathAI’s extensive network of over 500 US Board Certified pathologists to perform high quality reading with rapid turnaround time in a cost-effective manner, plus seamless integration of PathAI's advanced AI-solutions to ensure high-quality, reproducible results with every scan. PathAI is headquartered in Boston, MA, and manages a CAP/CLIA-certified diagnostics clinical laboratory (formerly known as Poplar Healthcare) – one of the country’s largest anatomic pathology labs – in Memphis, TN. For more information, please visit www.pathai.com Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

December 05, 2023 12:00 PM Eastern Standard Time

Image
Article thumbnail News Release

Stelar Metals enthusiastic after first lithium drill program at Trident

Stelar Metals Ltd

Stelar Metals Ltd (ASX:SLB) CEO Colin Skidmore speaks with Proactive after announcing the company has wrapped up its inaugural drill program at the Trident Lithium Project near Broken Hill in Far West New South Wales and expects to receive assay results in late January 2024. The 2,360 metres of reverse circulation drilling has met the objectives of understanding the morphology and orientation of the LCT-pegmatites. It has also confirmed the grade distribution and mineralogy of lithium mineralisation beneath the historical mine workings of the Euriowie Tin Pegmatite Field. “I would like to thank my team, Bullion Drilling and the various consultants who were instrumental in completing this well-executed drilling program," Skidmore said. "We are confident that we have successfully achieved the aims of this first drill program targeting hard-rock lithium mineralisation below the surface at Trident." Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

December 05, 2023 12:00 PM Eastern Standard Time

Video
Article thumbnail News Release

Dazzling Avenue of Stars Runway for Louis Vuitton and Pharrell Williams’ First Fashion Show Highlights Hong Kong as World-Class Stage for Mega Events

The Avenue of Stars Management Company

HONG KONG SAR - Media OutReach Newswire - 5 December 2023 - Hong Kong’s Avenue of Stars lit up in the glitziest fashion on Friday night (30 November) as French fashion house Louis Vuitton took over the promenade for its first-ever fashion show in the city. Overlooking Hong Kong’s stunning skyline, Victoria Harbour and the revitalised Victoria Dockside, Louis Vuitton’s Men’s Pre-Fall 2024 show was a nod to the city’s cultural vibrancy and nautical past, and showcased Hong Kong’s allure as a world stage for mega, cultural events. Louis Vuitton’s Global First Men's Pre-Fall 2024 Show at Avenue of Stars in K11 Victoria Dockside, Hong Kong Led by Louis Vuitton men’s creative director Pharrell Williams, the Avenue of Stars was transformed into a sandy beach, as models marched down digital displays of lapping waves. One of the biggest spectacles of its kind in Asia, hundreds of international stars and socialites lined the promenade, including Louis Vuitton CEO Pietro Beccari, French actor Tahar Rahim, American rapper Pusha T, Chinese idol band TNT, South Korean actor Song Joong-ki, as well as Hong Kong celebrities Chow Yun-fat, Aaron Kwok, and Louis Koo. The success of the momentous event was attributed to facilitation from the Hong Kong Special Administrative Region (SAR) Government, which offered its full support to Louis Vuitton, including coordination of approvals, venue usage and layout, as well as crowd control, ensuring the show advanced smoothly from conception to fruition, and all planned in only a few months. The Culture, Sports and Tourism Bureau and the Leisure and Cultural Services Department also played instrumental roles in staging the remarkable event. Louis Vuitton’s Global First Men's Pre-Fall 2024 Show at Avenue of Stars in K11 Victoria Dockside, Hong Kong Louis Vuitton’s Global First Men's Pre-Fall 2024 Show at Avenue of Stars in K11 Victoria Dockside, Hong Kong Ending with a riveting light show above Victoria Harbour, where a squadron of choreographed drones displayed “LVers” (a combination of Louis Vuitton’s monogram with the word “lovers”), the show sent a message of positivity to Hong Kong and the rest of the world. The event was livestreamed on Louis Vuitton’s social media accounts, attracting over 10 million views, and is still reaching eyeballs on multiple social media platforms transmitting snapshots of the magnificent show to the globe. Hong Kong’s international comeback as a hub for mega cultural events The Hong Kong SAR Government attaches great importance to enticing international and mega arts and cultural events, cultivating Hong Kong as an arts and cultural metropolis and tourist attraction. Locals and tourists alike can expect more acclaimed events in the city over the coming year. Contact Details Isabel Kwok isabel.kwok@citigatedewerogerson.com

December 05, 2023 11:56 AM Eastern Standard Time

Image
Article thumbnail News Release

Coinsilium Group "so well positioned" heading into 2024 after Indorse deal

Coinsilium Group Ltd

Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) Executive Chairman Malcolm Palle and CEO Eddy Travia speak to Thomas Warner from Proactive London after the web3 investor announced it has agreed heads of terms with Indorse ahead of it increasing its stake in the Singapore-based blockchain development company from 10.156% to nearly 25%. Palle explains that the strategic investment reflects confidence in the group's undervalued market position. Indorse, also backed by Times of India, specialises in blockchain technology, offering Coinsilium's investors a valuable opportunity in the sector. CEO Travia highlights Coinsilium's long-standing relationship with Indorse, noting their expertise in blockchain and smart contract development. He emphasises the role of Indorse's CTO, Gaurang Torvekar, in pioneering Ethereum smart contracts. Travia also introduced the Byzant Project, a Web3 ecosystem focusing on professional social networking. This initiative aims to realign user and platform operator interests, diverging from traditional Web2 models. Concluding the interview, Palle expresses optimism for Coinsilium's future despite the recent challenges in the crypto environment. Emphasizing the company's resilience and robustness, he anticipates a positive outlook for the digital asset sector and significant advancements for Coinsilium in 2024. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 05, 2023 11:54 AM Eastern Standard Time

Video
Article thumbnail News Release

Crossword Cybersecurity CFO upbeat heading into 2024

Crossword Cybersecurity PLC

Crossword Cybersecurity PLC (AIM:CCS) chief financial officer Mary Dowd speaks to Thomas Warner from Proactive London following the release of a trading update for calendar year 2023 which revealed that revenue growth "has not been as strong as expected." Dowd says that despite not meeting the targeted revenue of £6 million for FY 2023, Crossword still achieved a 15% growth compared to FY 2022, with revenues likely to come in between £4.1 and £4.3 million. This growth, albeit slower than expected, outperforms many competitors who are now projecting flat numbers. Dowd attributes the revenue shortfall to delayed conversions from their pipeline, a common trend among B2C organisations in the current economic climate. However, she remains optimistic about the future, projecting a strong revenue growth of £7 million for FY 2024. This positive outlook is based on the conversion of existing pipeline contracts, which are now materializing. Crossword also anticipates achieving EBIT and cash breakeven on a monthly basis in H2 2024, marking a significant milestone. Despite the challenges faced in FY 2023, Dowd's confidence in Crossword's resilience and growth potential shines through, offering a hopeful outlook for the cybersecurity sector amidst economic uncertainties. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

December 05, 2023 11:53 AM Eastern Standard Time

Video
Article thumbnail News Release

Empowering Connections: FountainHead RI's 8th Annual Networking Event for Business and Community Leaders

1BusinessWorld

FountainHead RI is delighted to announce its 8th Annual Business and Community Leaders Networking Event, scheduled for Wednesday, December 13, 2023, from 6 pm to 8:30 pm at the esteemed University Club in Providence, RI. Limited tickets are available this year due to venue capacity, prompting attendees to secure their spots early. Early bird specials, featuring pricing cut-off dates, are in place, and on-the-door tickets, subject to availability, come at an additional cost. In an exciting development, FountainHead RI's Board of Directors commits to donating $5 to the American Parkinson Disease Association of Rhode Island for each ticket sold, emphasizing the organization's dedication to community support. "We're especially proud to support the American Parkinson Disease Association of Rhode Island, an incredible cause that aligns with our commitment to giving back. As FountainHead RI flourishes, so does our ability to create positive change, one connection, and one generous contribution at a time," said Co-Founder Jason Dodier. Whether returning attendees or newcomers to our community, all are in for an exceptional experience. This premier year-end networking event brings together influential business and community leaders, fostering informal networking, enjoyment, and the cultivation of lasting relationships that enhance our communities. "We are thrilled to witness the continued growth of FountainHead RI, bringing together an ever-expanding community of dynamic leaders. This year's event not only promises an exciting platform for networking and collaboration but also presents a unique opportunity to make a meaningful impact," noted Co-Founder David Almonte. Event Highlights: Date: Wednesday, December 13, 2023 Time: 6 pm – 8:30 pm Location: The University Club (Providence Room), Providence, RI Ticket Info: Limited capacity; Early bird - $35 (until 11/30/2023), Non-early bird - $50 (starting 12/01/2023), At the door - $75 (subject to availability) Register here: https://site.smartgiving.app/EventDetailsNew.aspx?unid=34ba2c9d-0815-4771-819e-d1d634dcf383 Charitable Donation: $5 per ticket to the American Parkinson Disease Association of Rhode Island Features: Cash bar, light appetizers included Dress Code: Business casual; No shorts, hats, t-shirts, or faded, torn, or ripped jeans. Men’s shirts must have a collar. Hats not permitted indoors. We extend our gratitude to our 2023 Year-long Community Partners: Gold Level: UNFI Bronze Level: The Washington Trust Company and BankNewport For sponsorship opportunities, please contact us at fountainheadri1@gmail.com. All proceeds, including sponsorship contributions, will advance FountainHead RI's mission to provide a platform for millennial engagement, professional development, and leadership promotion in Rhode Island and beyond. About FountainHeadRI: An idea based on giving back, promoting growth benefiting RI, and providing leadership opportunities to both the generations before, as well as the generations to follow. FountainHead RI has grown into a community of over 1,100 rising stars and current industry and business leaders from various sectors and industries from around the country. The idea was simple: get talented, motivated and diverse individuals to come together, so that creativity could prosper and positive change could be enacted. What came out of the initial conversations and meetings, was both inspiring and motivational, and set the foundation for what would become FountainHead RI. https://www.fountainheadri.org/ Contact Details Media Enquiries +1 212-220-6677 info@1businessworld.com Company Website https://1businessworld.com

December 05, 2023 11:31 AM Eastern Standard Time

1 ... 556557558559560 ... 3725