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Oct. 12, 2021
/PRNewswire/ -- Naborforce, a fast-growing, tech-enabled company that connects aging adults to a network of trusted care providers, unveiled a new service offering today for businesses and other organizations committed to supporting their teammates who are assisting with the care of an older family member. The new program, called Naborforce for Laborforce, will provide resources and backup eldercare benefits designed to help employees balance work and caregiving, while boosting productivity and reducing turnover.
Today, one in four employees has the added responsibility of caring for an older family member. The number of employees providing caregiving while managing a career is predicted to double over the years ahead as the U.S. population ages. As a result, employees with caregiving responsibilities state that the most important workplace benefits go beyond flexible work schedules and paid time off, and instead include a caregiving resource. The need for caregiving benefits and resources has further surged in the past year as the COVID-19 pandemic has exponentially increased the challenges for employee caregivers.
"There is no question that the pandemic has elevated the awareness of the toll that caregiving is taking on employees and it's not just challenges around childcare," said
Paige Wilson
, Founder and CEO of Naborforce. "As COVID-19 blurred the lines between work life and home life, proactive employers are taking note and eager to support the overall well-being and mental health of caregivers in the workforce."
To address the call for caregiving as a top benefit demand, the new program offers employers of all sizes the power of Naborforce's award-winning, eldertech platform, which has made over 10,000 connections between older adults and the growing support system of "Nabors" available for on-demand assistance in
Virginia | [
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BlackBern Partners acquires Zentech Mfg.
Editor: Lisa Lucke
Zentech Manufacturing Inc. has been acquired by BlackBern Partners LLC, in partnership with Zentech management and new CEO Steve Pudles.
Pudles has 30 years experience in the EMS business and is a 20-year member and past chairman of IPC Board of Directors. According to a company press release, outgoing Zentech CEO and President Matt Turpin remains with Zentech as an advisor and investor, and all members of the senior management team will remain with Zentech, post-acquisition. Matt has built Zentech into an outstanding supplier within the aerospace, defense, medical and high-reliability markets. I have always enjoyed meeting with Matt at IPC events and look forward to his counsel as I begin my CEO tenure at Zentech. I am excited to work with this team to sustain and extend Zentechs delivery of uncompromising quality product, said Pudles. BlackBern Partner Jonathan Bernstein said, The loyalty of their impressive customer list affirms this very talented leadership team and the differentiated model they employ. We look forward to partnering with Steve to invest in furthering this model in the current facilities and through strategic acquisitions. Founded in 2010, BlackBern Partners LLC is a New York City-based private equity firm that acquires high-performing businesses in the middle market.
Ad | [
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Dec. 28, 2021
/PRNewswire/ -- Total Brain, a mental health monitoring and support platform, extends its presence in the behavioral health and addiction treatment markets. Total Brain today announced the addition of 12 new customers to its clinical care support client base. The company has also expanded relationships with several legacy clinical clients by as much as 30% compared to last year. Total Brain attributes this growth to a complete rebuild of its
earlier in 2021.
Total Brain Logo (PRNewsfoto/MyBrainSolutions)
"Our long-term investment in upgrading Total Brain's technology to provide our clients with a more robust set of actionable data and tools is resonating," said
Matthew Mund
, CEO, Total Brain. "We listened to behavioral health professionals nationwide. The tremendous response from the industry to our new and improved clinical platform speaks volumes. We are excited by the traction gained so far and we look to continued success in the clinical care support market."
The new and improved Total Brain clinical platform includes a clinically-validated assessment, mobile app-based self-care tools, and a clinician dashboard. Clinicians incorporating Total Brain into their practice treat various conditions including substance use disorder, behavioral health disorders, traumatic brain injuries, mild cognitive impairment and more. Some use data from Total Brain reports in tandem with other tools such as MRIs and EEGs to gain a more complete picture of what is going on in each patient's brain. These deep insights drive better informed treatment strategies and more personalized patient care.
Providers can download the new reports from their dashboard. All reports are integrated within patients' electronic health records (EHR). The updated multi-page brain report includes a unique combination of measures including:
Each of the twelve brain capacities across the functional areas of emotion, feeling, cognition and self-control.
Results of standard mental health screening tools, along with STEN score, and Z score data, as well as the patient's actual response to questions that screen for mental health conditions.
Speaking about the value of the Total Brain assessment in an addiction treatment setting, Dr.
David Whitehouse
, an industry expert on digital mental health tools, said, "The ability to assess a patient's brain capacities and understand their vulnerability for PTSD, depression or anxiety gives addiction treatment professionals a great understanding of what needs to be focused on as part of a comprehensive treatment plan and in what order. The Total Brain assessment flags those conditions that are likely to hijack a patient's recovery process. It removes preconceived prejudices about the way the patient is committed to treatment."
In addition to more robust data, the clinical platform also contains a library of self-care tools, covering areas like breathing, meditation, cognitive behavioral therapy, self-regulation and stress control. The self-care exercises are personalized using AI-based recommendations from the patient's assessment or can be clinician-directed.
"Our highly trained behavioral health specialists assist patients in navigating difficult issues such as poor self-esteem or image; thoughts of self harm; anxiety and depression; grief and loss; substance abuse; and transitional stages for family and self," said
Leif Norenberg
, MD, physician owner of Briarpatch Pediatrics, a large pediatric practice with three offices located on
Cape Cod
in
Massachusetts
. "Many of our patients are using Total Brain to help combat anxiety and that number continues to grow. We are finding that NeuroTunes and Resonant Breathing tools are very helpful in reducing anxiety. For many of my young patients, Total Brain has proven to be incredibly helpful."
For more information about Total Brain's clinical platform visit Total Brain/providers To learn more about how Dr. Norenberg integrates Total Brain into his clinical practice, listen to his interview with Dr. Gordon on the Total Brain podcast
About Total Brain
Total Brain is based in
San Francisco
and publicly listed in
Sydney
, AUS (ASX:TTB). Total Brain is a mental health monitoring and support platform that has more than
1M
registered users. Benefits for healthcare providers include improved patient outcomes, tracking of evidence-based outcomes across the continuum of care, and a reduction in clinician fatigue. Benefits for employers and payers include better mental healthcare access, lower costs and higher productivity. | [
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Jan. 13, 2022
/PRNewswire/ -- Total Brain, a mental health and brain performance monitoring and support platform, today announced that the company has signed a deal with
Kerna Health,
a leader in digital connected care. As part of the newly minted agreement, Kerna will integrate the Total Brain digital neurotech platform into the company's Behavioral Health Integration support solution. Under the terms of the non-exclusive deal, and as the partnership scales over the upcoming 12-18 months, Total Brain's assessment and self-care tools will become available to all Kerna's managed patients. Further, Kerna's clinical clients will have access to Total Brain's patient management and reporting capabilities.
Kerna Health, a leader in digital connected care, will integrate the Total Brain digital neurotech platform into the companys Behavioral Health Integration support solution.
The Total Brain platform will extend the value of Kerna's existing virtual behavioral health solutions.
Tweet this
Kerna has an extensive customer network which includes: physician offices, hospitals, accountable care organizations, and long-term care facilities, with plans for significant growth in 2022.The company utilizes advanced software and online technologies, coupled with at-home health and physiologic monitoring devices, to manage chronic illness, such as cardiac diseases, diabetes, and long-term wounds.
"We are committed to enhancing patient outcomes by bringing our clinical clients the most advanced technologies the market has to offer," said Dr.
Richard Sztramko
, chief medical officer, Kerna Health. "The Total Brain platform will extend the value of Kerna's existing virtual behavioral health solutions by providing comprehensive patient assessments, customized treatment plans, and in-depth analytics, that not only drive patient mental health improvements, but verify treatment success."
"This is an exciting time for Total Brain; this technology integration agreement will considerably expand the company's market share in the clinical care support segment," said Total Brain CEO
Matthew Mund
. "Furthermore, Kerna's commitment to leveraging Total Brain technologies to enhance their current client offerings gives testimony to the benefits of the Total Brain platform within the clinical care support marketplace and underscores the significant opportunity we see in that segment."
About Total Brain's Clinical Platform
The Total Brain clinical platform includes a clinically validated assessment, mobile app-based self-care tools, and a clinician dashboard. Clinicians incorporating Total Brain into their practice treat various conditions including substance use disorder, behavioral health disorders, traumatic brain injuries, mild cognitive impairment and more. They use data from Total Brain reports in tandem with other tools such as MRIs and EEGs to gain a more complete picture of what is going on in each patient's brain. These deep insights drive better informed treatment strategies and more personalized patient care.
The multi-page brain report includes a unique combination of measures including:
Each of the 12 brain capacities across the functional areas of emotion, feeling, cognition and self-control.
Results of standard mental health screening tools, along with STEN score, and Z score data, as well as the patient's actual response to questions that screen for mental health conditions.
About Total Brain Limited
Total Brain Limited is a
San Francisco
and
Sydney
-based company that has developed and offers Total Brain, a mental health and brain performance self-monitoring and self-care platform powered by the world's largest standardized brain database. Its SaaS platform has helped more than 1 million registered users to-date scientifically measure and optimize their brain capacities while managing the risk of common mental conditions. Benefits for providers include improved patient outcomes, tracking of evidence-based outcomes across the continuum of care, and a reduction in clinician fatigue. Benefits for employers and payers include better mental healthcare access, lower costs and higher productivity. For more information, please visit | [
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March 11, 2022
Flowers Foods Inc. (FLO) is priced at $24.89 after the most recent trading session. At the very opening of the session, the stock price was $25.07 and reached a high price of $25.15, prior to closing the session it reached the value of $25.35. The stock touched a low price of $24.78.Recently in News on February 18, 2022, FLOWERS FOODS DECLARES DIVIDEND. Flowers Foods, Inc. (NYSE: FLO), producer of Natures Own, Daves Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $ 0.21 per share, an increase of 5% over the same quarter last year. This is the 78th consecutive quarterly dividend paid by the company and is payable on March 18, 2022, to shareholders of record on March 4, 2022. You can read further details
here
Flowers Foods Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the companys stock is recorded $29.73 on 01/19/22, with the lowest value was $24.61 for the same time period, recorded on 03/08/22.
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Flowers Foods Inc. (FLO) full year performance was 7.19%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stocks existing status and the future performance. Presently, Flowers Foods Inc. shares are logging -16.28% during the 52-week period from high price, and 10.08% higher than the lowest price point for the same timeframe. The stocks price range for the 52-week period managed to maintain the performance between $22.61 and $29.73.
The companys shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 2010957 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Flowers Foods Inc. (FLO) recorded performance in the market was -9.39%, having the revenues showcasing -4.27% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.40B, as it employees total of 8900 workers.
The Analysts eye on Flowers Foods Inc. (FLO)
During the last month, 0 analysts gave the Flowers Foods Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 26.91, with a change in the price was noted -0.08. In a similar fashion, Flowers Foods Inc. posted a movement of -0.32% for the period of last 100 days, recording 1,459,144 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the companys financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity The total Debt to Equity ratio for FLO is recording 0.65 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.63.
>> 5 Best Growth Stocks for 2022 <<
Technical rundown of Flowers Foods Inc. (FLO)
Raw Stochastic average of Flowers Foods Inc. in the period of last 50 days is set at 5.47%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.71%. In the last 20 days, the companys Stochastic %K was 11.51% and its Stochastic %D was recorded 10.93%.
Considering, the past performance of Flowers Foods Inc., multiple moving trends are noted. Year-to-date Price performance of the companys stock appears to be encouraging, given the fact the metric is recording -9.39%. Additionally, trading for the stock in the period of the last six months notably improved by 5.96%, alongside a boost of 7.19% for the period of the last 12 months. The shares increased approximately by -9.98% in the 7-day charts and went up by -12.57% in the period of the last 30 days. Common stock shares were lifted by -4.27% during last recorded quarter. | [
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Nov. 19, 2020
/PRNewswire/ -- Wugen Inc., a biotechnology company developing a novel, universal allogeneic CAR-T therapy platform, today announced the appointment of
Ryan Sullivan
, Ph.D., as Vice President and Head of NK Research. Dr. Sullivan will be overseeing Wugen's Natural Killer (NK) Cell-based therapy programs targeting leukemias and lymphomas, including Acute Myeloid Leukemia (AML) and Multiple Myeloma (MM).
"Ryan has a deep understanding of Natural Killer cells and a decade of outstanding oncology research experience. We are pleased to welcome a highly experienced talent of Ryan's caliber to our team," said
John McKearn
, Ph.D., CEO of Wugen. "Ryan is joining us at an exciting time, as we are ramping up our initiatives to strengthen and diversify our therapeutic platform targeting leukemias and lymphomas and dedicating our research to help change the lives of patients with chronic, untreatable diseases."
Dr. Sullivan added "I am delighted to join Wugen's impressive team and look forward to leading the company's NK research programs. Natural Killer cells have shown a great deal of promise in the treatment of cancer and we plan to develop this new cellular therapy to its full potential."
Prior to joining Wugen, Dr. Sullivan was a Principal Scientist and Investigator at the Novartis Institutes for Biomedical Research, where he led a group responsible for developing drugs to improve the anti-cancer response of natural killer cells, overseeing the progression of a portfolio of therapeutics across multiple mechanisms of action. Dr. Sullivan performed his post-doctoral research at the Dana-Farber Cancer Institute in the laboratory of Dr.
Glenn Dranoff
and received his Ph.D. in Immunology from
Washington University
in
St. Louis
. Dr. Sullivan has published extensively on natural killer cells and has multiple patent applications related to the use of natural killer cells in cancer treatment.
About Wugen
Wugen Inc., is a biotechnology company developing a novel CAR-T therapy platform including an "off-the-shelf" fratricide-resistant CAR-T cell therapy for T-cell malignancies. Wugen's state-of-the-art gene editing technologies and cutting-edge CAR-T cell therapy address some of the challenges that have limited the clinical development of allogeneic CAR-T cells. Wugen was founded based on technology licensed from
Washington University | [
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Man convicted of murdering teen girl found bound in alley
The company expects to complete $22 million in renovations later this year of the theaters it acquired in Portage, Noblesville, south suburban Batavia and Kochville Township, Michigan. It's been in the process of turning them into "state-of-the-art movie palaces" with amenities like heated reclining faux leather chairs, stadium-style seating, a full bar and olive oil-flavored popcorn.
We are not done yet, added Anthony LaVerde, CEO of Emagine Entertainment. We are continuing to evaluate other opportunities that provide growth value to our brand, that will allow us to bring the Emagine experience to other communities.
NWI Business Ins and Outs: Olive Garden, Anytime Fitness, I Dig Dinos opening; Easter Bunny coming to Southlake Mall
Coming soon
Exterior construction is largely complete on the new Highland Olive Garden, which is tentatively slated to open on May 9.
Olive Garden took over the former Old Country Buffet at 10445 Indianapolis Boulevard in the Highland Grove Shopping Center. The Orlando-based chain of sit-down Italian restaurants has been renovating the 10,179-square-foot restaurant for months.
Highland Building Commissioner Ken Mika said the construction cost an estimated $1.8 million and that materials shortages have delayed the project.
Joseph S. Pete
Delays
Olive Garden was originally eyeing a new location in Schererville's new Oak District, where Chick-fil-A and LongHorn Steakhouse just opened, but opted for Highland a few miles north to more easily obtain a three-way liquor license, typically crucial to a restaurant's profitability.
The chain is known for its pasta, breadsticks, wine and unlimited soup and salad lunch specials.
Owned by Darden Restaurants, Olive Garden has 900 restaurants around the globe, including in Lansing, Michigan City and Hobart at the Southlake Mall.
Joseph S. Pete
Relocating
Anytime Fitness is moving across the street to a much larger 7,400-square-foot location in Winfield that will offer more coaching.
The 24/7 gym chain has been constructing a new two-story gym at the site of the old Evolution Fitness at 7954 E. 108th Ave. for the last seven months. The new gym will feature a 1,080-square-foot purple turf area with state-of-the-art functional training equipment people can work out on in both team training and personalized one-on-one sessions.
At the new location, Anytime Fitness will offer a wide area of team training sessions with MyZone heart rate monitors that track heart rate and calories burned during the workout.
Joseph S. Pete
New location
At the new location, Anytime Fitness will offer a wide area of team training sessions with MyZone heart rate monitors that track heart rate and calories burned during the workout.
The Anytime Fitness is owned by Muayad and Vicki Musleh, who have opened nine clubs in Indiana and two in Illinois. The second floor of the new Anytime Fitness will serve as the corporate headquarters for their business, which has 13,000 members.
They also own the Anytime Fitness locations in Dyer, Schererville, Lowell, Crown Point, Cedar Lake and Hobart. The Winfield Anytime Fitness has repeatedly been voted The Times of Northwest Indiana's Best of the Region.
Joseph S. Pete
Opens April 18
Regional Coach Eric White said the brand-new gym is slated to open on April 18.
"It's right across the street from the current location," he said. "It may be Winfield's tallest building. It will be a new coaching club design. It's the only Anytime of its kind. There's no guarantee other new ones will be built this way, but the franchise owner is committed to this new model here."
Joseph S. Pete
'A lot of cool stuff'
The fitness club will feature equipment like TRX Suspension Trainers, air bikes, row machines, weights, kettlebells, tire flips and sleds.
"There's a lot of cool stuff coming coaches can train the members how to use," he said. "The new MyZone technology shows you on the screen how hard you're working during your workout."
Members can work out on their own at all hours or sign up for more than 40 team training sessions from Monday through Sunday. Scheduled throughout the day during the week and in the mornings on the weekends, they range from cardio sessions meant to burn calories to weight training sessions meant to build muscle.
Joseph S. Pete
Both gym use and coaching
Between five and 20 people typically work out with a coach each session.
"The goal is to hook people up with a trainer so they're not just signing up for a gym membership. They're getting the education, learning how to use the new stuff out there, and have the benefit of accountability during their workouts," White said. "But what separates us from the F45s, Orange Theories and UFC facilities is we have both gym use and coaching. Clients get the best of both worlds."
Joseph S. Pete
'Our job is to change their life'
Coaching is a big trend in the fitness industry, from Peleton stationary bikes to many of new fitness club concepts opening up.
"We take pride in knowing members by name," he said. "I feel our job is to change their life. We're there to help them achieve the results they're looking for."
Joseph S. Pete
Open
A new interactive and immersive dinosaur, toy and fossil store has brought the Mesozoic era to downtown Griffith.
I Dig Dinos opened Friday in the former An-Dee's Floral space at Main and Broad streets in downtown Griffith. It was most recently occupied by the Power Up Fitness and Training gym.
The space at 100 S. Broad has been transformed into something out of "Jurassic Park." It's filled with model dinosaurs, including a huge animatronic Utahraptor in the front window that kids can ride.
Joseph S. Pete
Dinosaur attraction
Business partners Kevin Pete (full disclosure: my younger brother) and Ruben Luna opened the dinosaur attraction, which sells dinosaur products like fossils, collector rocks, space rocks, meteorites, gems, jewelry, toys, figures, figurines, stuffed animals, candy, and graphic novels about dinosaurs, sharks and whales.
There's an explorer section with hardhats, binoculars, magnifying glasses and other archeological tools. It also carries 4D dinosaurs that can be snapped together, dinosaurs that grow when submerged in water, puzzles and science kits with DIY volcanos and tornados.
"It's the kind of things you'd find in a museum gift shop, just way more elaborate," Pete said.
Joseph S. Pete
Play paleontologist
I Dig Dinos offers many activities for kids, including a fossil dig, geode-cracking and gold panning to find gems. The hands-on experiences give kids a chance to play paleontologist.
"It's interactive fossil mining where they can fill a bag for $5," he said. "They pick and choose what to take home. It's not a perfectly articulated skeleton like in a kid's museum but it's how it plays out in real life."
The store is decorated with about 30 dinosaur head mounts and another 30 full-size dinosaur models. It plans to add 40 more in the coming months.
Joseph S. Pete
'Immersive experience'
Visitors | [
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time. To access the conference call, please dial one of the following numbers:
US: 1-888-668-5032,
Israel
: +972-3-918-0609
A live webcast and, following the end of the call, an archive of the conference call, will be accessible on the Allot website at:
http://investors.allot.com/index.cfm
About Allot
Allot Ltd. (NASDAQ: ALLT TASE: ALLT) is a leading provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more. Allot's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1,000 enterprises. Our industry leading network-based security-as-a-service solution has achieved over 50% penetration with some service providers and is already used by over 20 million subscribers in
Europe
. Allot. See. Control. Secure.
For more information, visit www.allot.com
* Total ARR - Support & Maintenance ARR (measures the current annual run rate of the support & maintenance revenues, which is calculated based on these expected revenues in the fourth quarter and multiplied by 4) and SECaaS ARR (measures the current annual run rate of the SECaaS revenues, which is calculated based on these expected revenues in the current month of December and multiplied by 12).
** MAR (maximum annual revenue potential of concluded transactions) was estimated by Allot upon transaction signature and constitutes an approximation of the theoretical annual revenues Allot would receive if 100% of the customer's subscribers, as estimated by Allot, signed up for the service.
GAAP to Non-GAAP Reconciliation
:
The difference between GAAP and non-GAAP revenues is related to the acquisitions made by the Company and represents revenues adjusted for the impact of the fair value adjustment to acquired deferred revenue related to purchase accounting. Non-GAAP net income is defined as GAAP net income after including deferred revenues related to the fair value adjustment resulting from purchase accounting and excluding stock-based compensation expenses, amortization of acquisition-related intangible assets, deferred tax asset adjustment, changes in taxes related items and other acquisition-related expenses.
These non-GAAP measures should be considered in addition to, and not as a substitute for, comparable GAAP measures. The non-GAAP results and a full reconciliation between GAAP and non-GAAP results is provided in the accompanying Table 2. The Company provides these non-GAAP financial measures because it believes they present a better measure of the Company's core business and management uses the non-GAAP measures internally to evaluate the Company's ongoing performance. Accordingly, the Company believes they are useful to investors in enhancing an understanding of the Company's operating performance.
Safe Harbor Statement
This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements set forth in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors, government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on fourth party channel partners for a material portion of our revenues; court approval of the Company's proposed share buy-back program; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact: | [
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The data-driven nutrition company raises $3 million seed, empowering members to leverage their health data to achieve optimal health
NASHVILLE, Tenn.(BUSINESS WIRE)August 10, 2021
Rootine
announced today that it has raised $3 million in seed financing to empower members to improve their health and human performance with precision nutrition. Investors in the round include Novogenia GMBH, DSM Venturing, Duro VC, Launch TN Impact Fund, Cleo Capital and 20+ Angels including founders, executives, and clinicians who have worked at Havenly, Eterneva, Facebook, SoFI, Eight Sleep and more.
Research indicates that up to 90% of the U.S. lacks adequate daily vitamin and mineral intake, resulting in micronutrient deficiencies that can have a significant impact on fatigue, mood, stress, sleep, and chronic diseases. Inadequate nutrition is also the number one cause of illness in the United States and nutritional deficiencies can be linked to 700,000deaths each year.
While many try to cure these deficiencies and health conditions through one-size-fits-all supplements or nutrition plans, Rootineis building advanced technology and personalized solutions designed to optimize health and human performance. Today, members gain access to at-home testing and health data analytics, actionable insights, precision-personalized micronutrients, and digital health tracking tools through their member dashboard.
Precision nutrition is an innovative approach that considers multiple data points including dietary habits, lifestyle, DNA, blood test results, and physical activity to develop targeted nutrition recommendations. The U.S. National Institutes of Health (NIH) recently announced its 10 year investmentin furthering precision nutrition science. As part of this initiative, the NIH has demonstrated its belief in precision nutritions ability to predict and leverage individual responses to promote health.
Today, consumers either cannot access the relevant health data they need or cannot effectively utilize data they already have. Rootines precision nutrition technology leverages AI to ingest, analyze, and match individual DNA, blood, and lifestyle test results with thousands of clinical studies with the goal of unlocking better health outcomes.
The future of health is data-driven and personalized, says Rachel Soper Sanders, co-founder and CEO of Rootine. We are entering a new era of human performance. An era in which we can achieve optimal health with products designed to enhance fitness, mental acuity, sleep, nutrition, and metabolic health through prescriptive solutions. Finally, there is a health stack for the empowered consumer and Rootine is an essential contributor.
Sanders holds an MBA from Harvard Business School and previously worked in healthcare in investment banking, product, and strategy. She founded Rootine alongside Dr. Daniel Wallerstorfer, PhD, who holds a PhD in biotechnology and is a leading expert in nutrigenetic science. Sanders and Dr. Wallerstorfer met through a mutual mentor at Techstars and launched Rootine after personally struggling to find nutrition solutions to optimize their own health.
We came together around a common missionto empower people to leverage their personal data to improve health, says Dr. Wallerstorfer.
ABOUT ROOTINE
Rootine
unlocks better health and daily performance for members by leveraging precision nutrition. Rootines first product focuses on optimizing cellular nutrition through a precision-personalized daily micronutrient membership and a unique digital experience where members can track and improve health. Rootine is differentiated in its test-take-track process, unmatched data and insights, and unique delivery form factor (microbeads). Rootine is helping thousands of members improve their health, from professional athletes and celebrities to high performing individuals around the U.S. Founded by Rachel Soper Sanders and Dr. Daniel Wallerstorfer, PhD in 2018, the company is building a remote-first team of leading scientists, engineers, and brand marketers with headquarters in Nashville, TN. | [
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Major Turoa chair lift struck by an avalanche closed ...
One of the other major decisions from the strategy review was to place on hold the current Troa development plan for 2019 to 2029.
The plan would see approximately $40 million worth of investment, including building a gondola, replacing the Jumbo TBar and the Giant Express chairlift, renewing beginner facilities at the Wintergarden, a new 400 seat cafe at Blyth Flat, extending the Alpine and Wintergarden cafes, expanding snowmaking, and modifying ski area terrain.
The highlight of the development was a new 10 seater gondola replacing the two chairlifts at the bottom of the ski area (Movenpick and Parklane) with a gondola that has an option of getting off halfway up. It was intended to operate the Troa gondola in the winter only.
Taylor outlined the principal reasons for the "significant change" to put the Troa development plan on hold:
A material fall in RAL's profitability due to the Covid-19 Pandemic which has increased debt, including funding from the Ministry of Business Innovation and Employment to make safe and extend the life of the key Troa lifts.
A further write-down in the value of the Troa lifts due to a weaker earnings outlook.
Related articles
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An unsuccessful promotion of the sale of a portion of RAL to raise capital.
Recent material increases in the cost of replacement imported lifts and parts
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Taylor says the company's accounts for the year ended 30 November 2021 are still being audited, and in line with the 26 November 2021 company update, the loss will be approximately $7.4 million.
He says the RAL board remains committed to finding the best solution to a long-term sustainable future for Troa, but says the immediate concern is the safety and the useful life of the Troa lifts. An external report has been commissioned to review the remaining life of the Parklane and Movenpick chairlifts.
"This report will enable an informed judgement on current safety, the costs to maintain appropriately (sic) and the potential to extend the life of the lifts versus replacement."
RAL is currently looking for new board members who have expertise in engineering, infrastructure and legal areas.
Advertisement | [
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comment
R
unning is hard. Biking is hard. Work is hard. Almost anything in life can deal you stress it's all just a battle in how we choose to manage things.
Not all ailments are ones that are visible, either. Bryan Messmer, founder of Easy Float says insomnia is what pushed him into the floating business.
Submitted
Eric Heinemann will start his "Leadman" journey June 15.
"Dude, I tried everything. I was doing Melatonin, Valerian Root, exercising like crazy, no coffee at all, no beer, no water after 5 and then I tried Trazadone," details Messmer of his sleeping battles. "And the only thing that helped me sleep was floating."
Messmer described his first floating experience as "miserable," but he was getting the best sleep of his life. "The first float is tricky. It's a practice for sure," recalls Messmer. "That's why I encourage people to get the first one out of the way. Then try the second. And if you don't like it the second, or third, then maybe it's not for you."
Easy Float opened in February 2017, back in Denver, Colo. Being an Oregon native, Messmer was excited to arrive in Bend and open a location in the former Float Central location. Easy Float Bend's first official float was in November.
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In the float tank, the body is suspended without the pressures of gravity. It works out knots and tension within the muscles because, according to Messmer, the body relaxes into its most natural state. This suspension is achieved from the around 900 lbs. of Epsom salt in the tank. These are just the more obvious physical benefits, Messmer says, but there are also a lot of neurological benefits as well.
"The number one thing, with Easy Float as a brand, is it's designed to be for everyone," says Messmer. "Everyone from people with fibromyalgia, arthritis, ambiguous auto-immune pain, to, like, stressed out suit-and-tie-level executives and everyone in between."
Benefits for endurance athletes
Endurance athletes are another portion of that demographic. Bendite Eric Heinemann is currently training to complete the Leadman & Leadwoman racesa series of six races based in Leadville, Colo., part of the Leadville Race Series To complete the series, racers must finish five of the six biking and running race options spread throughout the summer. To register for the series, racers enter a lottery and are selected to compete. Last year there were fewer than 50 athletes who registered, according to Heinemanna pretty clear indication of how tough these races are. (The race series website states that 44 racers registered in 2018.)
"Not that many people are willing or wanting to do this," says Heinemann. "It will be pretty difficult. It's huge for me. I'm not too worried about the ramp-up races, but the 100-mile running race is one week after the 100-mile mountain bike race. I've never even run more than 30 miles."
Already being a pretty consistent cyclist, Heinemann's training is focused on trying to stay out longer on his bikes and runs, and to eventually get up to around half the distance of the races. To help with recovery, Heinemann started floating around two winters ago. Now he's a regular.
isaac Biehl
The inside of a float tank.
"For me it was an instant (snaps fingers) this is great this feels great for me," he recalls. "For an amateur athlete, or any athlete, it kind of resets me physically. And mentally it's a meditation."
For Heinemann, the motivation is from one of those invisible ailments.
"My purpose for entering this year is my brother. He's schizophrenic," Heinemann said. "It's going to be his 50th birthday in early June. I'm doing this race series to raise awareness for mental illness and schizophrenia in particular. Which is something I don't think people are doing very often."
Heinemann has previously completed the 100-mile mountain bike race, where he found himself alongside a pair of brothers doing the race together. This was a partial moment of inspiration for Heinemann, as he could only imagine what it would be like to get to ride this with his older brother Steve.
"He's been on strong medications for years. He's not the same guy I knew when I was kid," recalls Heinemann. "I was thinking that could have been us. Riding around. Going back and forth about different tactics. And then bagging on the other guy because he's not doing as well or whatever."
While Heinemann doesn't know if his brother will be able to make it out to the races in person, he knows Steve will still be the driving force that helps him get the job done.
Leadville Race Series | [
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Celeste E. Whittaker
The Courier-Post
MOUNT LAUREL - One local ALDI store will shut down temporarily for several weeks in July for a remodel, while another is set to reopen after undergoing renovations.
The store at 3105 Route 38 in Mount Laurel in the Larchmont Commons shopping center will close for a few weeks.
ALDI officials confirmed they'll close the store on July 9 and reopen on July 26.
The ALDI in Bridgeton in Cumberland County at 18 Cornwell Drive will reopen its doors on Thursday after a renovation. There will be a ribbon-cutting ceremony at 8:45 a.m. followed by a Golden Ticket giveaway offering gift cards to its first 100 customers.
Shoppers at that store will also be able to enter a sweepstakes for a chance to win a years supply of ALDI produce.
Both stores are part of the $1.6 billion ALDI investment to remodel and expand more than 1,300 stores nationwide by the end of 2020, according to a news release from the company.
More:
New Walmart in Mount Laurel has job openings
The company said all of the remodeled ALDI stores will feature open ceilings, natural lighting and environmentally friendly building materials. The Bridgeton store will be open from 9 a.m. to 9 p.m. Monday through Saturday and from 9 a.m. to 8 p.m. on Sundays.
Our remodeled store layout will simplify the shopping experience for customers, so they can get out the door with everything they need, said Bob Grammer, Center Valley division vice president for ALDI, in a news release. Were excited to unveil these changes in a great market like Bridgeton, where we already have passionate, loyal customers.
Renovations at the Mount Laurel store are actually going on currently, but the store will temporarily close next month to complete the work.
We are planning to close our Mount Laurel store for renovations on Monday, July 9, and are planning to host a soft opening on Thursday, July 26, Grammer said. We will also host the official grand reopening on Thursday, Aug. 9.
A sign posted on the interior front doors of the store says Temporarily Closing for Remodeling and says the store will have a brand-new look, including an expanded fresh section, with a new easy-to-shop store layout.
ALDI operates more than 1,750 U.S. stores in 35 states serving more than 40 million customers monthly.
Celeste E. Whittaker: @cp_CWhittaker; 856-486-2437; [email protected] | [
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Curiteva acquires FossiLabs, innovator of a process for 3D printing PEEK medical implants.
HUNTSVILLE, Ala. (PRWEB) December 17, 2020
Huntsville, Alabama-based spine manufacturer Curiteva announced a market-shifting transaction with the acquisition of FossiLabs, a company focused on the development of Fused Filament Fabrication 3D printed PEEK medical implants. The innovative start-up developed a proprietary process to fabricate scaffolding structures with controlled areas of macroporosity and advanced hydrophilicity to increase surface area and promote osseointegration. Terms of the deal were not disclosed.
FossiLabs founder and inventor Todd Reith joined the company as Director of Emerging Technology and will lead the development and commercialization of this patent-pending transformative technology. I am very excited to partner with the talented individuals at Curiteva. Their multi-disciplined experienced team, diverse resources, and unparalleled focus on advancing patient care is a perfect complement for accelerating the commercialization of this novel technology, commented Reith.
The interbody fusion market is estimated to be $2.6B and PEEK still represents 62% of implanted devices. Curiteva contends this will be the first 3D printed PEEK interbody device offering an interconnected porous structure and a bioactive surface for optimal healing and radiographic evaluation. Surgeons want an implant that participates in healing and promotes fusion in the interbody space. Titanium still creates imaging challenges and is not an ideal modulus for bone. This represents a remarkable step forward in our options for achieving fusion in the interbody space, stated Austin based spine surgeon Randy Dryer, MD.
Curiteva recently announced a successful private funding round of $20M and indicated one key focus for the capital was to secure innovative technology. The acquisition of FossiLabs reflects Curitevas continued commitment to developing and investing in disruptive technologies, said Eric Linder, Chief Technology Officer. Our plan is to work diligently to execute on a robust domestic and international IP strategy, engage key opinion leaders in optimizing implant design, and submit for FDA 510(k) clearance in 2021, added Linder.
ABOUT CURITEVA
Curiteva is a privately held technology and manufacturing company dedicated to advancing spine surgery and improving clinical outcomes by partnering with providers and suppliers to deliver innovative and intuitive implant systems to the market. Our business is founded on a commitment to building world-class manufacturing, accelerating research and development, maintaining lean operational discipline, and delivering novel technology to meet the evolving needs of our customers and the patients they serve. For more information, please visit http://www.curiteva.com
ABOUT FOSSILABS, LLC
FossiLabs is a privately held company specializing in the process of engineering porous bone-like scaffolding structures with polyether ether ketone (PEEK), utilizing the additive manufacturing FFF process to enhance medi
For the original version on PRWeb visit: | [
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Robert Sammis and JGL discuss succession and exit planning for local entrepreneurs
in Business Law
On Tuesday July 17
th
, Prince Georges County Economic Development Corporations Innovation Station hosted an informative event for businesses going through transition. Called Planning Your Exit Strategy, this free event featured special guest speaker Robert Sammis, President and CEO of Business Transition Advisors. JGL was pleased to attend the event and work with Robert Sammis to assist business owners understand succession and exit strategy planning. Roberts seminar addressed the necessity of planning succession early in the business process as well as share best practices and valuable tips that will help attendants when its time to retire or step down from their company.
The seminar occurred as part of a series of events proposed by the Prince Georges County Economic Development Corporation (EDC). As part of its commitment to serving the greater community, JGL works hand-in-hand with groups like the EDC and individual community members like Robert Sammis to provide high-quality legal counsel.
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Contraband will be the most ambitious and spectacular game to date from developer Avalanche Studios, best known for the Just Cause franchise.
According to an announcement trailer during Microsofts Xbox & Bethesda Games Showcase at Electronic Entertainment Expo (E3) earlier today, Contraband will be all about pulling off heists in an open world inspired by the 1970s.
While details are slim at the time of writing, the announcement trailer suggests that players will be able to prepare themselves for every heist. That includes going over blueprints and equipping all sorts of weapons and gadgets.
Contraband will focus on cooperative play and as such, players will be able to partner with friends (or strangers) to pull off the perfect job. However, Avalanche Studios remains to confirm just how many players will be able to join a co-op session and if there will be a solo option as well. Considering the jeep shown in the announcement trailer, the limit will probably be up to four players.
Contraband will be Xbox-exclusive since the game comes under the label of publisher Xbox Game Studios. Avalanche Studios has not confirmed a cross-generation Xbox release and for the time being has only confirmed the game to be taking full advantage of the new Xbox Series X and Xbox Series S consoles.
To fully deliver on our vision for Contraband, we have an amazing team at Avalanche Studios that are pushing the boundaries with the next generation of our Apex Engine, the technology behind all our games, including the Just Cause series. We built the engine to unlock the creativity of our developers and were excited to take full advantage of the unique capabilities of Xbox Series X|S.
Contraband has not been given a release window and hence, fans should not expect gameplay footage to arrive anytime soon. The game however will be coming to PC alongside the new Xbox Series consoles.
has halted regime changes, curbed demonic invasions, and averted at least one cosmic omnicide; all from the confines of his gaming chair.
Reviews | [
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)
Sep 10, 2013 at 1:51PM
The positive trend of achieving quick growth through acquisitions has become the norm in many industries and the packaged food industry is one of them. Mergers and acquisitions are a costly but speedy way to achieve growth and enhance product range. Companies usually undertake acquisitions that are complementary to their existing business to penetrate deeper into the market rather than diversify into new businesses. A similar approach was followed by Post Holdings
(
NYSE:POST
)
, a leading manufacturer, marketer and distributor of branded ready to eat cereals, when it recently acquired Premier Nutrition.
The details of the acquisition
The acquisition offers Post a platform to achieve expansion in the active nutrition and supplements businesses. Premier is currently in its high-growth phase. The company is a marketer and distributor of premium protein beverages and foods under its Premier Protein brand and nutritional supplements under its Joint Juice brand. Merging with Premier will provide Post an opportunity to enter this high growth and dynamic category of foods.
The financial impact
The company expects this deal to provide synergies in two areas: the core operations and the tax impact. This deal is projected to add nearly $130-$140 million to the company's top-line on an annual basis and approximately $17-20 million to its EBITDA, which stood at $204 million in 2012. On a per share basis, this acquisition will add $0.53 to the company's current EPS of $1.45.
Since Premier is currently operating at a loss, this will allow Post to utilize its losses to reduce its tax liability. Post has a net income (ttm) of $39 million, which can be offset against Premier's losses. The company forecasts the tax benefits to range in between $22-26 million on a net present value basis i.e. an immediate increase in shareholder value of $0.69 per share.
The payment of the deal will be made in cash, a total of $180 million. The company had cash and cash equivalents of $365.4 million on hand, as of March 31.
The current status of competitors
Kellogg
NYSE:K
)
is also a key player in this industry and an active rival of Post. The company recently introduced its first range of frozen soups-Moroccan Minestrone and Savory Chicken Noodle. In the quick meal segment, Kellogg is introducing new options specifically in the soup and steam meals.
Moreover, the company has also launched new breakfast products, e.g. hot cereals, bars, shakes, to cater to the customer's changing eating patterns as they turn more weight conscious. This is the company's first hot cereal in the U.S. and includes a certain proportion of fiber and protein. The availability of this convenient product will cater to the needs of 30 million Americans who skip breakfast on a daily basis. Also, there are reduced chances of metabolic syndrome with a cereal breakfast as it contains fiber and whole grain, according to recent research. This news is likely to boost the demand for Kellogg's current and new breakfast product range.
The sales achieved in the recent quarter were slightly lower than the planned target, especially in the U.S., but the company's continuous efforts to control costs has enabled it to counterbalance the adverse sales variance impact. The company acquired the brand Pringles, which has contributed positively to the company's financials. It is further anticipated to provide growth opportunities to the company.
Pepsi
NASDAQ:PEP
)
is another renowned name in the packaged food industry. The company operates nearly 700 manufacturing facilities worldwide and 100,000 distribution routes. It has a product portfolio that includes 22 brands that generate more than $1 billion each in annual retail sales.
Recently, the company entered into a multi-year sponsorship agreement with Manchester United in Asia. This will allow Pepsi to use the football club's label on its products. The club has a huge fan base of greater than 38 million in this region. This agreement is expected to open up new growth opportunities and expand its outreach in the Asian continent. This is likely to boost the company's profits immensely.
Frito-Lay and Activision have joined forces for the promotion of Skylanders Giants, where fans can score exclusive, limited-edition Skylanders Giants Sidekicks figures by buying specially marked Frito-Lay 20-count variety packs of snacks and entering the in-pack code online. Skylanders was one of the best selling games of 2012. This agreement is likely to boost the demand for Frito-Lay quite significantly.
The company expects to return approximately $6.4 billion to shareholders through dividends and share repurchases in 2013.
Conclusion
Although Post has made a sensible acquisition, it is less likely to turn the tables for the company as it is already overvalued. Post's P/E (ttm) stands at 41.2 times as compared to the industry average of 20.1 times. Also, the company has been registering a very low return for its shareholders representing an inefficient management of funds. The company's ROE (ttm) and ROA (ttm) stand at 2.8% and 1.3% as compared to the industry average of 21.6% and 7.4%, respectively. Hence, I think your money might be better invested elsewhere.
Though Kellogg has employed a high amount of leverage, it is utilizing it quite effectively to generate returns more than the cost of funds. It is evident from the company's high ROE (ttm) of 38% as compared to the industry average of 21.6%. The company provides its shareholders a regular stream of dividend income and is expected to increase dividends by 2.3% in 2013. In my opinion, this stock could be a good addition to your portfolio.
Pepsi is a financially sound company with multiple brands under its umbrella. Considering its recent agreements, the company is likely to see a phenomenal boost in the demand for its products. Also, the company has been providing its shareholders with a constantly rising dividend income and is expected to raise dividends by 1.56% in 2013. Though this might seem to be a small increment, the company is generating a high ROE (ttm) of 30.7% compared to the industry average of 26.2%. A major chunk of the return can be expected in the form of price appreciation. Hence, this stock should also be bought in my opinion. Have a look, you might also come to the same conclusion.
Awais Iqbal
has no position in any stocks mentioned. The Motley Fool recommends PepsiCo. The Motley Fool owns shares of PepsiCo. Try any of our Foolish newsletter services free for 30 days We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insightsmakes us better investors. The Motley Fool has a disclosure policy Is this post wrong? Click here Think you can do better? Join usand write your own!
Author | [
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Baltimore device startup ReGelTec gains momentum with positive clinical study results
Published
02 Mar 2021
ReGelTec Inc. hopes to raise another $8 million and to launch U.S. trials of its medical device this year. | [
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on
Feb. 13 - 14, 2020
. Arizona Agricultural Holding Co. has been serving communities and helping hemp growers in the desert southwest for 120 years.
"The team I work with has over 120 years of combined experience in the Ag industry,"
Keith Cayton
said. "Few people in the desert southwest have much, if any, experience growing hemp," he added.
Continue Reading
Cannabis Industrial Marketplace
"Cannabis Industrial Marketplace" provides online and expo cannabusiness experiences. The 2020 Expo series stretches throughout the US focusing on emerging markets with the online resource
CannabisImp.com
providing access to over 4,000 Cannabusiness suppliers, backed by Strategic Market Solutions, LLC, a B2B lead generation company.
As a growing media supplier, they strive to solve problems that hemp growers face constantly. "The greatest challenge hemp growers face is reducing stressors to keep THC levels low. We are focusing our efforts on advising how to reduce stressors, the greatest of which is salinity. If they can't fix their salinity problem nothing else matters," Cayton said.
To do this, Cayton recommends the use of their product, Calcine, a water treatment formula geared specifically for salt management that also improves soil health and structure, and reduces water use.
"The most effective product on the market today for opening hard, compacted soils and reducing salinity is our product Calcine," Cayton said. "An organic version will be available soon," he added.
Attendees at our
Arizona
expo currently facing issues with hemp grows, look to Booth 132 for expert advice and solutions from Arizona Agricultural Holding Co. From compacted soil to high salt, they have the solutions your cannabusiness needs.
Additionally, seminars begin at | [
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A rally-prepped Land Rover Defender 90 wearing a special livery celebrating the 60th anniversary of the James Bond film franchise premiering in the UK will compete in the North Wales leg of the2022 Bowler Defender Challenge. Driver Mark Higgins is athree-time British Rally Champion and a stunt driver in the Bond moviesQuantum of Solace, Skyfall, Spectre, and No Time to Die.
The specially designed Defender 90 has a black body that has the names of all of the James Bond films in gold on the hood and hatchback. The roof and sides have a large, gold 60 with the classic "007" logo that incorporates into the design.
The powertrain for this Defender 90 rally car is theP300 Ingenium engine making296 horsepower (221 kilowatts) and 295 pound-feet (400 Newton-meters) of torque. The modifications include improved cooling for the engine and transmission, a sports exhaust, a full roll cage, and a spoiler on the back of the roof
The upgraded suspension includes modified subframes and new springs. This Defenderrides onstrengthened 18-inch wheels from Bowler with all-terrain tires wrapping around them.
TheBowler Defender Challenge is a 12-team, one-make challenge that operates asa feeder series for global rally-raid competitions.The Rally North Wales will primarily take place on gravel.
More To Know About The Land Rover Defender: Can The Land Rover Defender Beat The Ford Bronco In A Tug-Of-War? Three-Row Land Rover Defender 130 Spied For The First Time Land Rover models are a common sight in James Bond movies. To celebrate this connection, the company launched the DefenderV8 Bond Edition last year to coincide with the release of No Time to Die. It featured a black body with matching 22-inch wheels. The 007 logo appeared on the badging, puddle lamps, and infotainment splash screen.
Land Rover made just 300 examples of theDefenderV8 Bond Edition. In the United States, this special edition carried an asking price of$114,600.
The brand is currently preparing the Defender 130 that would have a proper third row, rather than the 5+2 layout available on the 110. To fit the extra occupants, the model has an increased length. The powertrain choices should carry over from the existing models. Expect the 130 to debut sometime in 2022. | [
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Community Health Taps Into Junk-Bond Frenzy to Tame Debt
Paula Seligson
Bloomberg News
BC-Community-Health-Taps-Into-Junk-Bond-Frenzy-to-Tame-Debt , Paula Seligson
(Bloomberg) -- Community Health Systems Inc., the debt-laden hospital chain thats been staging a comeback, has more than doubled the size of a bond offering as it takes advantage of some of the lowest yields ever for speculative-grade issuers.
Combined with strong recent earnings results, the company is using the momentum to refinance a high coupon and push out maturities.
Community is selling a $1.8 billion high-yield bond maturing in 2029 and announced a related tender offer Tuesday. The bond offerings size was increased from $750 million due to strong demand from investors.
The company is using the proceeds to buy back its outstanding $1.77 billion of 9.875% junior-priority secured notes due 2023, according to a news release. Meanwhile, pricing discussions on the high-yield bond sale to fund the offer are in the 7% area, according to people familiar with the matter who asked not to be named discussing a private transaction.
Low yields are propelling a busy junk bond calendar that has already seen more than $22 billion of new deals price this month. Yields for CCC rated companies -- the riskiest tier of junk -- stand at 6.7%, the lowest since 2014, according to Bloomberg Barclays index data. Average yields across the index last closed at 4.18%, just two basis points off the all-time low of 4.16%.
That supportive environment is helping companies like Community Health refinance debt at lower rates to lock in savings and chip away at high debt loads. In December, the hospital chain refinanced a portion of its other series of 6.25% notes due 2023 to extend maturities.
The market environment is highly conducive to Community Health extending maturities despite an ongoing pressured fundamental situation, said Mike Holland, a credit analyst at Bloomberg Intelligence. Its distressed story suggests open capital markets often make a more compelling argument than naysayers. A rolling bond gathers no loss.
Low rates across the high yield space, along with strong earnings guidance for 2021, have helped Community Healths bonds recover and make Tuesdays deal possible, but the company still faces high leverage and thin liquidity, Holland added.
Representatives for the company didnt immediately respond to a request for comment. Credit Suisse Group AG, which is leading the bond sale, declined to comment.
Healthcare Struggles
Community Health was once known as one of the most distressed companies in the healthcare sector. But the firm has been selling hospitals to raise cash and refinancing debt to improve its balance sheet. In recent months, the bonds have risen after it reported better-than-expected earnings in the last two quarters.
The company is rated in the riskiest tier of junk debt, CCC+ by S&P Global Ratings and CCC by Fitch Ratings. Moodys Investors Service upgraded the company by one notch to Caa2 on Tuesday and viewed the new transaction as a credit positive event.
Leverage, a key measure of debt to earnings, has been high for years thanks to Community Healths acquisition of rival hospital operator Health Management Associates LLC in 2014, and was 12 times as of Sept. 30, according to a Fitch ratings report released Tuesday. That drops to 8.4 times when considering grants from the CARES Act, Fitch wrote.
The tender is offering 106.5 cents on the dollar for investors who turn in their bonds by 5 p.m. in New York on Feb. 1. The final deadline, with worse terms for participants, is Feb. 16.
The early deadline offer marks a premium compared to where the notes had traded before the tender offer, at 105.5 cents on the dollar on Friday, according to Trace bond pricing data. The notes have since traded up to 106.5 cents.
Community Health Systems new notes are expected to be sold as soon as today, according to people familiar.
(Updates throughout with more context about the company.)
2021 Bloomberg L.P. | [
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NORTHBROOK, Ill.--(BUSINESS WIRE)--Aug 26, 2021--
As Washington politicians debate funding eldercare for millions of Americans, a growing number of workers say theyre distracted, worried, or focused on caregiving instead of their jobs.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20210826005163/en/
(Photo: Business Wire)
According to news reports,funding eldercare is an exceedingly popular idea amongst voters. Two-thirds said expanding access to home-based care for the elderly is important, while nearly 50% favored the expansion, which is more popular than free pre-k and childcare assistance to middle-class families.
Supporting an aging loved one is stressful and distracting at work. According to
The Homethrive 2021 Employee Caregiving Survey
, 43% of respondents are distracted, worried, or focused on caregiving (and not their job) 5 or more hours per week, while 20% are distracted at work more than 9 hours per week. Sadly, this is not surprising and without intervention will increase over time.
While one in five Americans is a caregiver, according to AARPs report Caregiving in the U.S, employers are not aware, nor focused enough, on how that outside responsibility may impact their workforce and workforce performance. Nearly 40% of respondents to the Homethrive survey either said that their supervisor is not aware of their caregiving responsibilities outside of work or werent sure if their supervisor was aware.
Additionally, more than half of respondents indicated their supervisors were not as supportive as they needed them to be about their outside-of-work caregiving responsibilities.
One third of respondents said that their supervisor had noticed a change because it was impacting their performance or because they were noticeably under stress because of their caregiving responsibilities.
Our survey results confirm that managing life and career is a delicate balancing act with many challenges, said Bonni Kaplan DeWoskin, Vice President, Marketing at Homethrive. Providing support for aging loved ones is stressful and distracting, yet employers are not widely aware of, nor focused on, how that outside responsibility impacts their workforce and workforce performance.
Despite the growing need for employee benefits that support caregivers, 79% of employers are not yet offering them or are not communicating about such benefits, according to the Homethrive survey. However, that is changing. A survey of employersfrom earlier this year found that more than three quarters of employer respondents will increase their focus on caregiving over the next five years.
The Homethrive survey confirms this upward trend and the need for caregiving benefits. The vast majority (84%) of respondents said they would be interested if their employer offered a benefit that provided them with resources, guidance, or support for caregiving.
The unfortunate truth is that many American employers are missing the boat because employees are distracted from their jobs because of caregiving responsibilities, DeWoskin continued. And as our survey confirmed, the majority would welcome an employee benefit that can help them as they help their aging loved ones.
The U.S. is in the midst of a hidden caregiver crisis that impacts companies and employees alike, according to a survey from Harvard Business School, The Caring Company: How Employers Can Cut Costs And Boost Productivity By Helping Employees Manage Caregiving Needs Without adequate caregiving support for employees, companies incur millions of dollars of hidden costs through employee mental health issues, turnover, and substantial productivity costs such as increased absenteeism and presenteeism.
About The Homethrive 2021 Employee Caregiving Survey
The Homethrive 2021 Employee Caregiving Survey
was conducted via a third-party survey provider from June 28 - July 21, 2021. Two hundred adults in the U.S., who work outside the home while also providing support and care for an aging loved one, were surveyed about how those caregiving responsibilities impact their employment. Respondents were from a variety of companies and industries; make at least $50,000 per year; and currently support at least one aging loved one. The survey pool was 64% female and 36% male.
About Homethrive
Homethrive is a high-touch/high-tech family caregiving platform. Through the integration of digital coaching and human support services for aging and eldercare navigation, guidance, and community experience, Homethrive improves outcomes and lowers costs for aging adults living at home and reduces the work, worry, and stress on family caregivers. Through its personalized platform and algorithms, Homethrive provides 24 x 7 digital and human concierge services and expert coaching from certified Homethrive social workers. The Homethrive program is available nationally and offered primarily through insurance companies and as an employee benefit through employers.
Homethrive was co-founded by Dave Jacobs and David Greenberg, who both personally struggled to navigate the process of caring for aging parents at home. As veteran healthcare professionals, they were surprised that finding the support and guidance they needed to care for their aging parents proved to be far more challenging than they anticipated. The company was launched in partnership with 7wireVentures after identifying the vast unmet need for a comprehensive solution to support caregivers elder parents looking to age in place. | [
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Top News
2 mins ago
Booth is a technology and sales leader with a proven track record for establishing global technology alliances, increasing sales and revenue growth, and driving customer success
Tami Booth, COO, EPIC iO
EPIC iO Appoints Tami Booth as Chief Operating Officer
FORT MILL, S.C., March 24, 2022 (GLOBE NEWSWIRE) EPIC iO Technologies announced today that it has appointed Tami Booth as Chief Operating Officer (COO). In this role, Booth will be responsible for driving EPIC iOs operational and customer success initiatives, and creating strategies for capitalizing on market demand for streamlined connectivity and intelligent AI and IoT (AIoT) outcomes powered by DeepInsights, EPIC iOs proprietary AI platform.
Tami is an amazing leader and brings her diverse technology expertise to the role. We are honored to welcome her to the EPIC iO team, said Ken Mills, CEO, EPIC iO. Her incredible track record in establishing global technology alliances, operational excellence and driving customer success, will prove invaluable as we enter EPIC iOs next chapter of growth. Tami will be integral to our mission to become the one source for connectivity, IoT solutions, and a proprietary AI SaaS platform that brings together data from existing and future IoT investments for our customers and partners.
Booth brings more than 25 years experience in the IT industry to her new position as EPIC iOs COO. During her career, she held a succession of leadership, sales and technical roles. She has a deep interest in emerging technologies and the effects on human capital as society evolves, and a passion for diversity, especially when it comes to helping elevate women in technology management roles.
Prior to joining EPIC iO, Booth was Vice President, Presales, for Global Alliances, Service Providers and Industries at Dell Technologies, where she was deeply involved in driving success for Dell partners and customers across a wide range of vertical industries. Before that, she spent six years at VCE (formerly a division of EMC), holding several leadership roles across sales and engineering including Vice President of Global Customer Support; Global Accounts and Federal Teams; Global Pursuits, which focused on mega deals; and Global Pre-Sales Engineering, a team she was responsible for creating and developing. During her tenure spanning 2010 to 2016, she helped grow VCE to $5B in revenues.
Booth is a member of the Storage Networking Industry Association (SNIA) and Women in Technology International (WITI).
About EPIC iO Technologies
EPIC iOs future vision is a world in which IoT use and data intelligence reach its full potential through AI integration. We provide software focused technology that leverages 5G-ready connectivity combined with AIoT solutions to help all businesses become safer, smarter and more connected. By utilizing our open AI platform, DeepInsights, public sector and private enterprises can extract and intelligently generate and analyze IoT data. This real-time data provides high-value, actionable insights through a single, integrated source. For more information, visit www.EPICIO.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cec035a1-53d5-45be-9d10-f066fe2d5c81
CONTACT: Mary KhouryEPIC [email protected] | [
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Published:
2 hours ago
Building work on the Midlands Air Ambulance Charitys new airbase and headquarters facility in Cosford is now under way.
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Pam Hodgetts, corporate partnerships manager for Midlands Air Ambulance Charity and Neal Hooper, managing director of Aico Ltd explore the grounds of the new airbase and headquarters facility
Now a company has stepped forward to fund a memorial garden at emergency service's new base on the Shropshire/Staffordshire border where loved ones can be remembered.
Oswestry based Aico pioneers home life safety products, and its managing director Neal Hooper said they are proud to be partnering with the charity and funding the memorial garden.
Mr Hooper said: "Knowing the vital work the charity carries out, it is important that businesses support this charity, and help save lives.
Pam Hodgetts and Neal Hooper
Pam Hodgetts, corporate partnerships manager for Midlands Air Ambulance Charity, said: From the very beginning of our partnership with Aico Ltd, the fire protection firm has proved it is truly in the business of saving lives.
In addition to Aico providing its staff with membership to our Lifesaving Lottery scheme, its funding a safe space for our visitors to enjoy the scenery surrounding our new facility.
The new headquarters building has been designed to help secure the future of the charitys pre-hospital emergency service.
It will include space for two of the charitys three helicopters, with two helipads and space for the services rapid response vehicles.
In addition, the bespoke build will host a clinical training and simulation centre, research and development facilities, charity offices and a warehouse for charity vehicles and storage.
There will also be space to host fundraising events and meetings. To embrace its rural surroundings, the facility has been designed to sit behind areas of woodland and forest, and will include two gardens, including one open to the public as a memorial garden.
To find out more visit midlandsairambulance.com/corporateand follow the organisation on social media. | [
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, existing registrants with domains in the .AU namespace, like
".com.au", ".org.au", ".net.au"
, will be able to apply for their .AU equivalent.
During this period,
will be able to apply for priority status through an accredited registrar like
Crazy Domains
.
"
Apart from being shorter and more memorable, direct .AU domains signal recognition and trust among local customers,"
said
Gavin Gibson
, President of Newfold Digital APAC & UK, the parent company of Crazy Domains.
The launch is further amplified by a series of marketing activities such as videos and articles that address the whys, hows, and whats needed to get
r
egistrants
hands on the new .AU direct domain.
Also accompanying the launch is a series of videos that will be shared on Crazy Domains social media platforms. These include a businessman named Willie who talks about securing a .AU domain for his whey-infused baking business.
The | [
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https://orders.newsfilecorp.com/files/8203/118047_cada2ceb84ddea12_001full.jpg
Involving iExec Followers in Community-Related Decisions
As the community grows, iExecaims to more closely involve individuals in community-related activities. To achieve this, the iExec Portal introduces a voting system. Via proposals submitted by the iExec team, followers can now have a say on decisions concerning the community. For example, deciding the format for AMA sessions, allocating community rewards, or even deciding on future features for the iExec Portal.
Using the Snapshot platform, the iExec community can vote on the submitted proposals. Each vote is weighted by the amount of RLC owned. Anyone that holds RLC tokens in their wallet can vote and have their say. Voting works by taking a snapshot of the number of tokens held in the wallet at the time of voting. It does not cost any RLC or Ethereum gas fees.
Rewarding the Community for their Contributions to the Project
iExec
is proud to have a committed community supporting the project. To value its followers contributions, iExec has released a Community Rewards Program. This new program recognizes and rewards the most active, engaged community members for their contributions to the project. RLC prizes are distributed monthly for contributions ranging from content creation to tech expertise. From the iExec Portal, users can learn more about the types of prizes available and what they can do to qualify for rewards.
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iExec followers will also have the opportunity to claim NFT POAP collectibles after contributing to the project or participating in events. These collectibles will be displayed on the iExec Portal.
Giving the Holders an Interface to Make the Most of their RLC
Another goal of iExec Portal is to provide the community with an interface for their RLC portfolio, allowing holders to see their portfolio balance. In addition, the iExec Portal offers educational resources on other ways to use their tokens such as platforms like Uniswap or Bancor.
Finally, the iExec Portal provides a single point of entry for the projects resources and products. For instance, the iExec Oracle Factoryto create custom oracles from any kind of data in less than 5 minutes, or the iExec Developer Rewards Programapplication form, where developers can submit their project based on the iExec protocol.
Speaking about the new platform,
iExecs Head of Adoption, Nelly Cornejo
said:
With the iExec Portal, we want to offer an open door where anyone can join and benefit from our vibrant ecosystem. The iExec Portal will be a place to listen to our community, recognize and reward them for their contributions and help them make the best out of their RLC tokens.
A Metamask or Portis wallet is required to connect to the iExec Portal. More features will be added in the future, to deliver the best experience to the iExec community.
Visit the iExec Portal here
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iExec
is a blockchain company that provides a decentralized Marketplace for computing assets, allowing anyone to monetize datasets, decentralized applications, and computing power. Ethereum blockchain is used to organize the exchanges between stakeholders with the maximum level of trust and security, without a centralized authority. iExec owns its native utility token, the RLC, used as the method of payment on the Marketplace. The RLC token is listed on over 40 exchanges, including Coinbase, Binance, Bithumb, Huobi, and more.
For more about iExec and its new community-focused platform, visit their main website | [
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McDermott Will & Emery Partners With Homethrive to Offer Employees Family Elder Care Benefit
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All US-based Firm Employees Provided Access to a Fully-Covered Elder Care Coordination Service as Part of Their Benefits Package
CHICAGO (PRWEB)
July 21, 2020
Today, family elder care coordinator Homethriveannounced its partnership with international law firm McDermott Will & Emeryto offer their employees a fully-covered family caregiver services benefit as part of the Firms broader benefits package. McDermott will offer Homethrives services to all employees in their US offices available immediately. Through Homethrive, the Firms employees will have access to Care Guides assigned to each family who provides coaching and concierge services for aging loved ones living at home, ultimately reducing employee stress. Offering Homethrive to its employees builds upon the Firms commitment to the American Bar Association's (ABA) Well-Being Pledge, which prioritizes increased mental health and overall well-being support among legal employers.
The hidden costs of the care economy affect both employers and employees. According to a Harvard Business Schoolsurvey, three out of four employees reported having some type of caregiving responsibility and more than 80 percent of employees reported caregiving has affected their productivity at work. The impact of caregiving responsibilities has the potential to cause employees to not fully achieve their potential in the workplace, lose productivity, or possibly end a successful career early.
As part of our ABA pledge, we are committed to providing wellness programs with a focus on mental health awareness and support to our lawyers, professional and administrative staff alike, especially during these uncertain times. We are happy to partner with Homethrive as an additional resource to an already robust benefits package that aids caregivers and their families, said Alyona S. Richey, McDermotts Benefits Director.
We are delighted to be partnering with McDermott Will & Emery to help ease the burden of family caregiving that might be affecting their employees, says Dave Jacobs, Co-founder & Co-CEO at Homethrive. McDermott Will & Emery recognizes that especially now during the pandemic is a great time to invest in a family caregiving benefit as their employees may be worried about aging loved ones more than ever. The isolation and loneliness experienced by older adults also has the potential to significantly affect their caregivers working at McDermott Will & Emery and we commend the Firm for providing additional support to their employees during these challenging times.
Homethrive works by matching each employee with a Care Guide that serves as a coach. Care Guides work with employees to learn about the loved one, identify opportunities, recommend, and arrange services to help the employee shoulder the burden of caregiving.
About McDermott Will & Emery:
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effectiveand often unexpectedsolutions that propel success. More than 1,100 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
About Homethrive:
Homethrive is a family elder care coordinator that reduces the work, worry, and stress on a family caregiver. The company takes the uncertainty and stress out of caring for an aging loved one by offering expert coaching and concierge services by assigning a Care Guide to each family. The companys Care Guides also recommend and arrange any necessary third-party supportive services to provide meals, transportation, home care, medication delivery, or other services. To learn more, visit http://www.homethrive.com
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Laser Focus World Editors
Photo 138242349 Feng Yu | Dreamstime.com
Precision Optics Corporation (Gardner, MA), which designs and manufactures advanced optical instruments for the medical and defense industries, has completed the acquisition of Lighthouse Imaging LLC (Windham, ME). The acquisition combines the two companies capabilities in medical optics and digital imagingPrecision Optics micro-optics and optical systems and Lighthouse Imagings optical imaging electronics and system integration.
Precision Optics and Lighthouse Imaging believe up to four new projects should transition from engineering to production in the coming year, providing opportunities for significant growth going forward.
Lighthouse Imaging was most recently owned by Anania & Associates Investment Company, a private equity firm focusing on Maine-based companies. Peter V. Anania, its president and chairman, will join Precision Optics board of directors. Lighthouse Imagings management team, including CEO Tom Snyder, Chief Commercial Officer Robert Austring, and Chief Technology Officer Benjamin Gray, have agreed to continue with the combined company. | [
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Email
A new in-home care franchise has launched in Sugar Land.
Home Helpers Home Care, offering home care for seniors and those with disabilities, illness or recovering from injury or surgery, officially launched a new franchise in Sugar Land on March 14, according to an announcement from the care provider.
The care service utilizes Cared-4 SM, a care program addressing four key areas to independent living: personal care and companionship, nutrition and meal planning, 24/7 emergency response, and wellness calls, according to the companys website.
People want to be able to live in their own homes for as long as possible, and Home Helpers Home Care can help make that dream a reality, said William Eno, the new Sugar Land franchise owner. "Whether you need full-time care or just respite help for a few hours a week, our caregivers are available to make sure your loved ones are taken care of in the very best way possible.
In-home caregivers are fully trained, have undergone background checks and insured, according to the announcement. A free in-home consultation allows Home Helpers to conduct an in-home assessment to create an effective and financially conscious care plan. All staff members are following strict Centers for Disease Control and Prevention guidelines to protect clients. 346-350-5100. | [
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has been named Company of the Year by the Colorado BioScience Association (CBSA). The company was honored at the 16
th
Annual CBSA Awards Dinner on November 7, 2019. The CBSA serves as the hub for Colorados life science industry with member organizations spanning biotechnology, pharmaceutical, medical device, diagnostic, ag bio, mobile digital health, research, academic, and service providers. Biodesix was selected as Company of the Year in recognition of the significant milestones the company reached in advancing patient access to novel diagnostic testing in the clinic, and in ongoing development of new tests that address areas of high unmet clinical needs across the continuum of care in lung cancer. Lung cancer is still the leading cause of cancer death among men and women. In 2018, approximately 234,000 patients were diagnosed and 154,000 died due to lung cancer, which represents over 25 percent of all cancer deaths in the United States.
CBSAs Annual Awards Dinner highlighted how health innovations from Colorado make a global impact. We are proud to honor Biodesix for its innovation and bringing top minds together to strengthen the future of healthcare. As the first company to provide four best-in-class diagnostic tests for patients in lung cancer, Biodesix has demonstrated its commitment to helping physicians and their patients navigate lung cancer therapy decisions. The timing of this award is an additional honor, as it is lung cancer awareness month, said Jennifer Jones Paton, President and CEO of CBSA. CBSA is proud to honor Biodesix for its breakthroughs for patients, leadership in Colorados life sciences community and track record of success.
Key milestones for Biodesix in 2019:
Acquisition of Oncimmune in the U.S. to expand minimally invasive diagnostics to patients in North America with the EarlyCDT Lung test for lung nodule management, adding a 4th blood-based test to the portfolio
Expanded reach of Nodify XL2 testing for lung nodule management
Partnership with Thermo Fisher Scientific to devel | [
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comment
FALMOUTH'S Moonlight Memory Walk in aid of Children's Hospice South West will be going online this year.
CHSWs 11th annual Moonlight Memory Walk was due to take place in Falmouth in March and would have seen hundreds of people completing the five-mile sponsored walk around the town in memory of loved ones.
The event was postponed to September 26, however, with social distancing restrictions continuing, the charity has decided to use the opportunity to adapt the event and open it up to people across the south west and beyond.
The charity is inviting people to remember and celebrate the life of a loved one and raise vital funds through its new Memories by Moonlight event, which will include some elements of the annual Moonlight Memory Walk but with the flexibility for people to be involved however they wish.
Instead of being held on The Moor, a Memories by Moonlight ceremony will be broadcast live on Facebook from CHSWs Little Harbour childrens hospice in St Austell at 9pm on Saturday, September 26, giving people the opportunity to light a candle and join together virtually for a special evening of reflection.
The poignant and uplifting ceremony will feature readings from all three of the charitys childrens hospices Little Harbour, Charlton Farm near Bristol and Little Bridge House near Barnstaple. It will also include music, poems and a two-minute applause to celebrate loved ones whose names will appear on the screen.
Kiley Pearce, events fundraiser for CHSW, said: We are obviously sad not to be able to bring the Moonlight Memory Walk to Falmouth this year as it is such a special evening, however we are delighted to have this alternative option.
We hope our new Memories by Moonlight event will give people a lovely way to support the work we do while remembering their loved ones.
Read next:
Campaign to save Constantine play area
Everyone who registers to take part in the event, which is being sponsored by National Friendly, will get the chance to join the virtual memory ceremony.
People can then choose to simply donate in memory of their loved one, or complete a walk or activity that reminds them of their loved one at a time and location that suits them and ask friends and family to make a donation towards this.
Participants will receive a beautiful memory pack in the post, which will include a candle bag to decorate, memory box to personalise, along with a tea light to light on the evening and a booklet to accompany the memory ceremony.
Kiley added: We look forward to connecting with everyone joining us for the memory ceremony on the evening of September 26, which we are sure will be a very special night.
To register to join the Memories by Moonlight ceremony simply visit www.chsw.org.uk/moonlight
Registration is just 10 and a memory pack, along with details of how to access the Memory Ceremony, will be sent in the post.
For more information about the event, you can also call the CHSW Fundraising Team on 01726 871800. | [
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Autymate
, a QuickBooks Solution Provider, built a QuickBooks Onlinereporting solution for Jitasa empowering account management, increasing efficiency, and helping their nonprofit clients help those who need them most.
Autymate applied their expertise in custom business solutions and enhanced financial reporting to harness and leverage the power of QuickBooks Online in an app for Jitasa, resulting in an elevated client experience, peace-of-mind for team managers, and quick financial analysis for Paycheck Protection Program (PPP) pre-qualification when
hit worldwide.
Rapid access to mission-critical data
Jitasa offers bookkeeping and accounting solutions exclusively for nonprofits. Keeping calm in global crisis, Jitasa used their custom Autymate solution to quickly compile client financials in a scenario no one saw coming. With an application originally designed to streamline the management of global CPA teams, and to develop tools for detailed and uniform quality reports, Jitasa had the power to pre-screen clients for PPP loan assistancefastat their fingertips.
Autymate provided us with real-time access to actionable client KPIs and employee performance data, replacing expensive, time-consuming manual tracking processes. Aaron Tevis, Manager of Quality Assurance, Jitasa
Flexible reporting options for clients with specific needs
Every nonprofit uses different charts of account, and every Jitasa CPA team manages accounts tailored to clients unique needs.
Jitasas original wish-list for an Autymate solution included:
Maximizing impact, minimizing cost
The Autymate team exceeded expectations, building user-friendly integrations, optimizing reporting capabilities across varied COAs, reducing manual labor, and doing it all in a way that made the most of every dollarand every minute for Jitasas mission-driven clientele. With their flexibility, efficiency, and low-code, no-code solutions, Autymate delivered the tools for comprehensive innovation.
We built our platform to be flexible so that we could solve mid-market challenges. We have the ability to turn on the dime and respond to specific needs, like handling non-profits for Jitasa. Bryan Perdue, Autymate
Hundreds of accounts, a one-day migration
Jitasa implemented the intuitive, user-friendly Autymate solution with no onboarding or training necessary, adding more than 300 client accounts in one day. So, when their clients needed complex data at a stressful time, Jitasa was ready, with the power to provide peace-of-mind, stat.
The Autymate client engagement solution for Jitasa:
A lasting solution
With the Autymate app for automated data extraction, Jitasa can quickly and efficiently alert clients of future eligibility for assistance programs, ensure regulation compliance, reconcile accounts, and so much more, with significantly less effort, and faster, more accurate results.
A digital transformation
The Autymate app has provided more than quality assurance and business process automations for Jitasa. It has empowered them to navigate a global crisis, reallocate the invaluable resources of time and money to do the most good for their clients, and hold true to their commitment to serving nonprofits around the world, with trust in Autymates ongoing partnership and support.
About the partnership
Jitasa is a full-service bookkeeping and accounting firm, serving exclusively nonprofit clients, based in Boise, Idaho.
Autymate is a software developer, specializing in business solutions and creating easy-to-use integration tools that unify data, processes, and people.
As a QuickBooks Solution Provider, Autymate is part of a trusted network of experts offering value-added services and experienced support to enhance the versatile benefits of the QuickBooks suite.
At a glance
QuickBooks Solution Provider (QSP): Autymate
QSP specializations: information technology, logistics, financial services
QSP applied expertise: Custom business app development
Customer: Jitasa | [
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Company
In last trading session, R1 RCM Inc. (NASDAQ:RCM) saw 0.83 million shares changing hands with its beta currently measuring 0.81. Companys recent per share price level of $23.29 trading at -$0.07 or -0.30% at ring of the bell on the day assigns it a market valuation of $6.29B. That closing price of RCMs stock is at a discount of -34.31% from its 52-week high price of $31.28 and is indicating a premium of 19.67% from its 52-week low price of $18.71. Taking a look at companys average trading volume of 1.03 million if we extend that period to 3-months.
R1 RCM Inc. (NASDAQ:RCM) trade information
Upright in the red during last session for losing -0.30%, in the last five days RCM remained trading in the green while hitting its week-highest on Tuesday, 02/01/22 when the stock touched $23.29 price level, adding 2.8% to its value on the day. R1 RCM Inc.s shares saw a change of -8.63% in year-to-date performance and have moved 4.35% in past 5-day. R1 RCM Inc. (NASDAQ:RCM) showed a performance of -2.39% in past 30-days.
R1 RCM Inc. (RCM) estimates and forecasts
Statistics highlight that R1 RCM Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 11.97% of value to its shares in past 6 months, showing an annual growth rate of -785.71% while that of industry is 6.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -60.00% in the current quarter and calculating 104.20% increase in the next quarter. This year revenue growth is estimated to rise 16.10% from the last financial years standing.
8 industry analysts have given their estimates about the companys current quarter revenue by setting an average figure of $399.52 million for the same. And 3 analysts are in estimates of company making revenue of $408.8 million in the next quarter that will end on Mar 2022. Company posted $328.4 million and $342.6 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 21.70% while estimating it to be 19.30% for the next quarter.
Weighing up companys earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 18.20% during past 5 years. In 2022, companys earnings growth rate is likely to be around 448.00% while estimates for its earnings growth in next 5 years are of 25.00%.
RCM Dividends
R1 RCM Inc. is more likely to be releasing its next quarterly report between February 16 and February 21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
R1 RCM Inc. (NASDAQ:RCM)s Major holders
Insiders are in possession of 1.16% of companys total shares while institution are holding 92.48 percent of that, with stock having share float percentage of 93.57%. Investors also watch the number of corporate investors in a company very closely, which is 92.48% institutions for R1 RCM Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at RCM for having 17.97 million shares of worth $395.61 million. And as of Sep 29, 2021, it was holding 16.31% of the companys outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 13.13 million shares on Sep 29, 2021. The number of shares represents firms hold over 11.91% of outstanding shares, having a total worth of $288.89 million.
>> 7 Top Picks for the Post-Pandemic Economy <<
On the other hand, Growth Fund Of America Inc and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own companys shares. As of Sep 29, 2021, the former fund manager was holding 4.0 million shares of worth $88.07 million or 3.63% of the total outstanding shares. The later fund manager was in possession of 3.94 million shares on Sep 29, 2021, making its stake of worth around $86.72 million in the company or a holder of 3.57% of companys stock.
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Scientific breakthrough-focused VC investor Prime Movers Lab strikes $245m Fund II close
By Mike Didymus-
January 28, 2021
70
Prime Movers Lab, an investor in breakthrough scientific startups it hopes will revolutionise the worlds most important industries, has closed its second early-stage investment fund on $245m.
The firm said Prime Movers Lab Fund II would be used to invest in companies reinventing human augmentation, energy, transportation, infrastructure, manufacturing and agriculture.
Never miss a story click to sign up to AltAssets free daily PE newsletter
Prime Movers Lab Fund I, a $100m investment fund, has supported businesses advancing sustainable food production, ending the global pandemic, providing clean energy and pioneering space infrastructure, among other things.
Investments include in-space infra business Momentus, industrial solar heat provider Heliogen, coronavirus vaccine supplier Covaxx and indoor vertical aquaponics farmer Upward Farms.
Firm founder and general partner Dakin Sloss said, Given the extraordinary performance of our first fund, we are thrilled to announce our second fund backed by world-class limited partners including Bill Ackman, the Lerner family office, the University of Wyoming, Dmitry Balyasny, Joe Lonsdale, and dozens of other leading institutions, families and entrepreneurs.
Like we did with our first fund, our second fund will back breakthrough scientific innovations to further build upon important advancements taking place across the 18 areas of scientific-driven commercial disruption where we are focused.
Areas of interest for the firm include human longevity and enhancement, renewable energy storage, space and aviation, water and communication infrastructure, robotics and farming.
Prime Movers partners Sloss, Brandon Simmons and Suzanne Fletcher previously worked with hundreds of entrepreneurs while managing the Stanford StartX Fund.
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Volodymyr Zelenskyy, the new Avenger? Watch video
Further, on the tie-up, Bikram Singh Bedi, Managing Director, Google CloudIndia said, "Flipkart's growth in India has been powered by its digital-first strategy and forward-thinking approach to cloud technology. As the company continues to scale and grow its e-commerce platform, we will work together to drive technological innovations and help Flipkart drive breakthrough businesses in the future."
Through the alliance, Google Cloud will help Flipkart with the following:
By leveraging Google Cloud's secure and scalable global infrastructure and advanced networking technologies, Flipkart will be able to deliver robust app access and performance even during peak purchase seasons with heightened traffic.
Also, Flipkart will continue to advance the pace of new product development by building on Google Cloud, furthering its expansion into Tier 2 and Tier 3 markets in India.
Moreover, Flipkart will make its data platform more efficient by deploying Google Cloud's advanced data analytics and machine learning technologies. Such will aid Flipkart to better analyze traffic and transactional data, unlock rich real-time insights into customer purchasing and shopping behaviour, identify trends and patterns with increased demand and create more personalized recommendations to enrich customer experience.
MINT PREMIUM | [
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Television
Disney Star deploys new technologies to enhance IPL 2022 broadcast
The tech innovations have been developed by Star Lab - the R&D arm of Disney Star.
29 Mar, 2022 - 06:12 PM IST | By indiantelevision.com Team
Mumbai: Disney Star has announced a slew of technological innovations to enhance IPL 2022 broadcast on the network.
These technologies, adopted across Star Sports network and streaming platform Disney+ Hotstar, have been spearheaded by Disney Stars R&D arm Star Lab which develops innovation in emerging technologies.
The broadcaster has brought the immersive sound of Dolby Atmos to fans, unique online voting, and polling platform, enhanced analytics in the commentary box, mixed reality analysis, a behind-the-scenes (BTS) technology venture and the robot assistant Cricko. However, only Star Sports1 HD and Star Sports1 Hindi HD will be integrated with the Dolby Atmos experience. Viewers will experience multidimensional sound with incredible clarity that allows them to hear details never heard before during the live sporting action, according to the statement.
Disney Star has been committed to elevating the experience of Tata IPL, bringing millions of viewers closer to the game, the heroes, and the action, said Disney Star head sports Sanjog Gupta. With fans being allowed in the stadium, we wanted viewers to get as close to the real feel of the atmosphere at the venues and this is why we decided to produce the Tata IPL 2022 in Dolby Atmos for the first time. The Star Lab has also enhanced the presentation of the tournament by deploying AR and VR across match coverage and programming initiatives. We will also experiment with the worlds first interactive cricket show in the metaverse, in our ambition of making this the most interactive and immersive season of Tata IPL.
Online voting and polling platform through megaphone:
Star Sports is introducing a new online voting and polling platform. It will deliver a live and interactive experience that will allow viewers to shape the editorial discourse during shows and build a connection between the opinions of Star Sports experts and audiences.
Mixed reality analysis:
Presenters will be able to visualise and interact with data-driven Hawkeye graphics using an MR headset, proprietary technology developed in-house by Star Lab.
Enhanced analytics:
With enhanced analytics in the commentary box, commentators will be teleported from the ground to the studios.
BTS tech venture:
A new BTS tech venture will be the implementation of cloud production. Cloud workflows and distributed production models have been accelerated by the global chip shortage. Eliminating hardware and geographical location dependencies means more resources can be deployed into creating quality content and storytelling and collaboration is accelerated which will result in benefits to the environment by reducing carbon emissions.
Other enhancements include ball-by-ball fielding analysis linked to live on-ground player tracking, enabled within digital twins of stadiums as well as 3D player avatars, virtual multi-screen telestration, and a bespoke virtual studio environment that leverages a stereoscopic talent positional tracking system to create the magical illusion that the graphics are real, 3D physical objects.
The robot assistant Cricko is armed with a huge database of IPL facts and figures to ensure analysts are equipped with the most up-to-date and in-depth statistics to share with audiences.
The media company will continue to leverage the power of the unreal gaming engine to create virtual studios and augmented reality graphics. AR graphics will be enabled on drone cameras flying high above the stadium, said the statement.
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Clinical Affairs - CRO
From feasibility to regulatory approval
The setup of a sound Clinical Strategy is an essential step towards a predictable regulatory pathway.
At the stage of project initiation and product development, the identification of the actual need for a Clinical Investigation is a key. This crucial work requires at least the following aspects to be considered:
Clarity and stability of the intended use and related desired claims
Availability of valid literature supporting part of the claims
Strength of the pre-clinical / animal testing
Medidee is your partner for exploring options and establishing a lean and clean strategy.
Once the need for a Clinical Investigation is confirmed, Medidee acts as CRO for the preparation and regulatory approval of the study, the monitoring and a successful conclusion.
PREPARING A CER
The difficult exercise of preparing a Clinical Evaluation Report (CER) usually starts in three different contexts:
Before a Clinical Investigation, in order to precisely evaluate the currently available clinical assets such as literature with the objective to correctly scope the investigation
After a Clinical Investigation, in order to build the appropriate evidence of fulfillment of the essential requirement related to clinical safety and efficacy, as part of a regulatory submission such as CE marking.
After a regulatory submission when the Notified Body or the FDA indicates that either the methodologic adherence to MEDDEV 2.7/1 Rev. 4 is not demonstrated or if part of the core data set is deemed insufficient.
The support of Medidee may include full work packages with the delivery of a turnkey CER or may focus on a specific strategic coaching, or a review.
Medidee integrates a full scientific team ready to write your CER, including the difficult organization of literature search.
The key success criterion is the ability of the support team to capture the detailed design, regulatory and quality aspects specific to the product. | [
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Hulu
.
Amazon's purchase of MGM could exacerbate the issue, and Fithian called the acquisition a "potential harbinger of the impact of big tech."
MGM's recent movies include the star-studded "House of Gucci," which earned $54 million at the box office in the US, and "Dog," which has exceeded expectations with $50 million since debuting last month.
The fear among exhibitors is that Amazon would debut these kinds of movies simultaneously, or even exclusively, on Prime Video. The company has been aggressive recently in buying movies with commercial appeal, like "The Tomorrow War" and "Without Remorse," both of which it released exclusively to Prime Video.
One thing cinemas can rest assured about is that future James Bond movies are expected to still be released exclusively in theaters.
Producers Barbara Broccoli and Michael G. Wilson hold creative control of the series and if Amazon wanted to release a Bond movie simultaneously on Prime Video or make a Bond TV series, it would have to go through Broccoli and Wilson. They've already stressed that Bond movies will remain a big-screen experience.
After Amazon first announced the deal last year, Broccoli said in a statement, "We are committed to continuing to make James Bond films for the worldwide theatrical audience."
"No Time to Die," the latest Bond film and star Daniel Craig's final outing as the character, was one of last year's biggest releases, grossing $774 million at the global box office.
The Amazon-MGM deal isn't the only major merger happening in Hollywood this year. WarnerMedia's merger with Discovery is expected to close in early Q2, and the new company will be called Warner Bros. Discovery.
But Fithian was less concerned with that deal, even if Warner Bros. is also making movies for Max. Insider's Claire Atkinson recently reported that restoring theatrical exclusivity
is a top priority
for Discovery CEO David Zaslav, who will lead the new company (Warner Bros. released all of its theatrical movies simultaneously on HBO Max last year).
"Warner Bros. is changing owners, and the Warner Bros. team really believes in theatrical releases," Fithian said. "For 100 years they've been believers in cinema. Along comes AT&T, and they change the whole model. But they're not going to be in charge."
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, at all seven recreational SKYMINT locations throughout the state of
Michigan
, as well as select retail partners, SKYMINT X DNA GENETICS features a premium collection of seven of the most globally awarded and sought-after flower strains, including Bakers Delight and Ztrawberriez, as well as:
Clementine Flower
1st Place, High Times Cannabis Cup 2019
1st Place, 710 Degree Cup
Kosher Kush Flower
1st Place, High Times Cannabis Cup 2010
Top 10 Strain of the Year, High Times Cannabis Cup 2011
1st Place Milano Secret Cup 2018
People's Choice, Cannabis Cup Brazil 2016
LA Confidential Flower
1st Place, High Times Cannabis Cup 2008
Chocolope Flower
TEN 1st Place Awards, including 1st Place, High Times Cannabis Cup 2010
Strawberry Banana Flower
1st Judges Choice, Cannabis Cup Brazil 2016
1st Place, High Times Socal Cup 2016
Certified as to provenance by DNA GENETICS, each seed was hand-chosen by founders
Don Morris
and
Aaron Yarkoni
and farmed to perfection by SKYMINT cultivators. Two additional strains, Gelato Sorbet and Lemon Skunk, are still to be released by year's end, as are .7 gram pre-rolls.
"Each time we explore a potential collaboration, we look for the best possible partner in each market and SKYMINT BRANDS is that partner for
Michigan
," says
Don Morris
, Co-Founder of DNA Genetics. "The extreme level of care, commitment, and innovation that SKYMINT BRANDS infuses into its cultivation and product brands inspires great confidence."
The SKYMINT X DNA GENETICS collaboration marks a new moment in
Michigan's
progressive cannabis market. Recreational cannabis only came online last December, and
Michigan's
industry has scaled rapidly, with SKYMINT a leader in that growth, establishing 10 dispensaries in seven months with two more planned to open this year.
Since its inception in 2018, SKYMINT BRANDS has dedicated itself to creating and curating premium-crafted cannabis brands, hand-grown with expert care to power a portfolio of the finest cannabis brands available for daily wellness, healing, and recreational enjoyment. Joining SKYMINT X DNA GENETICS under the SKYMINT BRANDS umbrella are SKYMINT, North Cannabis, Jolly Edibles, and the Two Joints brand, which benefits the Last Prisoner Project.
"There's good cannabis, there's better cannabis, and then there's SKYMINT X DNA GENETICS," says
Laurie Gregory
, Chief Brand and Product Officer at SKYMINT BRANDS. "While all of our SKYMINT BRANDS are premium, the SKYMINT X DNA GENETICS collection delivers superior genetics, flavor, and effects for a consistent, elevated experience that's unparalleled. SKYMINT X DNA GENETICS is literally the best cannabis that our state has to offer, marking a high point for our brand and for
Michigan
."
Adds Radway, "SKYMINT X DNA GENETICS embodies the three pillars that inspire our work at SKYMINT BRANDS: to elevate cannabis in
Michigan
and beyond; to cultivate stellar, premium brands; and to leverage our resources and position within the industry to change the world and our communities for the better."
The SKYMINT X DNA GENETICS launch coincides with the company's recent transition from its founding name - Green Peak Innovations - to SKYMINT BRANDS.
"SKYMINT BRANDS reflects our belief in the exponential potential of cannabis to revolutionize lives and inspire people everywhere to feel better, live better, do better, and create better. This collaboration is a perfect example of that aim. With access to the world's best cannabis, the SKY's the limit," says Gregory. | [
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May 1, 2019
. The AAPC HEALTHCON 2019 features sessions covering various specialties, including medical coding, audit/compliance, billing, practice management and legal trends and issues. HEALTHCON 2019 brings together medical professionals including medical coders, billers, practice managers, attorneys, and physicians.
eSimplify will be demonstrating its intuitive, easy to use analytics software platform. The eSimplify patent pending platform provides solutions to help physicians, hospitals, health systems and billing agencies keep their business processes simple and payments timely. eSimplify software improves cash flow, ensures compliance, improves business efficiency, tracks KPI's, monitors audit risk, increases revenue, and reduces errors and costs of manual payment postings.
"The AAPC 2019 National conference is a great venue to demonstrate eSimplify's capabilities of the Practice Analytics
,"
said
Pradeep Kalmat
, Founder of eSimplify. "By automating the revenue assessment process, businesses and consultants can help improve practice revenue and enhance the bottom line of medical practices."
To learn more about the solutions offered by eSimplify, please visit
booth #203
at Caesar's Palace.
About eSimplify
eSimplify brings data and analytics to market that help Healthcare BPO Services, RCM Consultants, and Medical Device Suppliers reduce their customer acquisition costs and help independent physicians, independent physician groups, and small- to mid-sized medical practice groups discover missed revenue. While the rest of the industry is focused only on outcomes and increasing payer and hospital efficiencies, eSimplify leverages both quality outcomes and revenue-generating opportunities with our predictive analytics. We at eSimplify have built a platform that identifies process and operational inefficiencies for our clients that improves their bottom line.
Our mission is to help the independent physicians and groups thrive in both a value-based model and constantly changing healthcare landscape. Join the eSimplify movement!
Contact: | [
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Chief Human Resources Officer. "This partnership further strengthens
Sheppard Mullin's
long-standing commitment to family-building by enhancing our adoption, surrogacy and fertility benefits. We are thrilled to offer all of our attorneys and staff access to this incredible resource to help shepherd families through the entire process."
The legal sector boasts some of the most progressive and inclusive family-building benefits of any industry. WIN has seen a 400% increase in firms of all sizes -- from 1000+ lawyer international firms to small boutique firms -- add managed fertility benefits.
For more information about WINFertility services, please visit
http://www.winfertility.com
About WINFertility
WINFertility is the nation's leading family-building and fertility benefit management company, providing comprehensive solutions for employers, health plans and consumers. From fertility management, including medical treatment, pharmacy and genetics to surrogacy and adoption, WINFertility has helped more than 150,000 families by providing access to the best doctors, technology, and support. WIN works with the nation's leading reproductive endocrinologists and integrates with national and regional insurance carriers, as well as the nation's largest pharmacy benefit managers, to deliver the most advanced and effective fertility treatments and family-building solutions. WIN Nurse Care Managers navigate patients through the often complex process, providing clinical oversight, emotional support, advocacy, and education throughout the journey. Patients and clients that utilize WIN's program see higher pregnancy rates, fewer multiple gestations, more efficient Rx utilization, and lower costs. The company headquarters are based in
Greenwich, CT
About Sheppard, Mullin, Richter & Hampton LLP
Sheppard Mullin
is a full-service AmLaw 50 firm with more than 1,000 attorneys in 15 offices located in
the United States | [
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1
Daniel Craig's 007 may not have a successor just yet, but Amazon is moving quickly to get the world of the iconic character back to screens. Prime Videois moving forward with a brand new reality competition series that will incorporate the themes and locations of James Bond as contestants race around the world to try and win big money. Think of it like The Amazing Race with a lot of James Bond influence.
According to Variety Amazon has given the green light to the first season of 007's Road to a Million. Longtime Bond producers Barbara Broccoli and Michael G. Wilson are going to be producing the new series alongside Britain's 72 Films and MGMTelevision. Production is set to begin later this year and casting is currently underway.
Chosen contestants will compete in pairs to try and win 1 million ($1.3 million) in cash. There will be physical challenges throughout the competition, as well as mental puzzles and mysteries that must be solved in order for a team to take home the prize.
Amazon made headlines this year by completing its $8.5 billion purchase of MGM the longtime production home of James Bond. Seeing as how the company now has control of the character, it's likely we will be seeing a lot more Bond in the future. That said, 007's Road to a Million has reportedly been in the works for some time, with development starting before the MGM deal was made.
"I first had this idea over three years ago," 72 Films CEO David Glover told Variety. "Dan Grabiner and the U.K. Originals team took it to a whole other level. To be working with Michael Wilson and Barbara Broccoli and the Bond franchise is a privilege and a dream come true." | [
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Oil companies to cushion fuel price shock as crude tests $120
Chennai: In a boost to electronics manufacturing in Tamil Nadu, US-based contract manufacturer Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL) have signed up for a joint venture. Under the JV, Mukesh Ambani's RSBVL will invest around Rs 1,670 crore in Sanminas existing Indian entity (Sanmina SCI India), which has a 100 acre EMS facility at Oragadam, Chennai to leverage Sanminas 40 years of contract manufacturing experience. RSBVL will hold 50.1% equity stake in the joint venture entity, with Sanmina owning the remaining 49.9%.
As a result of the investment, the joint venture will be capitalized with over $200 million of cash to fund growth, the parties said in a statement. The transaction is expected to close by September 2022.
While the two companies did not specify whether the joint venture will set up a new facility in India in addition to the one in Chennai, they said that all the manufacturing will initially take place at Sanminas campus in Chennai "with the ability for site expansion to support future growth opportunities as well as to potentially expand to new manufacturing sites in India over time based on business needs." The day-to-day business will continue to be managed by Sanminas existing management team in Chennai, they added.
The venture is set to support Reliances 5G ambitions as it is said to focus on tech infrastructure hardware across areas of communications networking (5G, cloud infrastructure, hyperscale data centers), medical and healthcare systems, industrial and cleantech, and defense and aerospace. It will also create a Manufacturing Technology Center of Excellence that will serve as an incubation center to support the product development and hardware start-up ecosystem in India, as well as promote research and innovation. An exchange filing by Sanmina to the SEC mentions that RSBVL and its affiliates will consider SIPL as their preferred contract manufacturer in India for telecommunications network equipment with this deal.
We are excited to partner with Reliance to build the premier integrated manufacturing solutions company in India, Jure Sola, chairman and CEO of Sanmina, said. This joint venture will service both domestic and export markets and represents a major milestone in the Indian governments Make in India initiative.
We are delighted to work with Sanmina to access the significant market opportunity for high-tech manufacturing in India. For both growth and security, it is essential for India to be more self-reliant in electronics manufacturing in Telecom, IT, Data Centers, Cloud, 5G, New Energy and other industries as we chart our path in the new digital economy. Through this partnership we plan to boost innovation and talent in India, meeting both Indian and global demand, Akash Ambani, director, Reliance Jio, said.
Sanmina provides end-to-end manufacturing solutions, to OEMs primarily in the communications networks, cloud solutions, industrial, defense, medical and automotive markets. The company's India entity posted revenue of approximately Rs 1,230 crore (approx $165 million) for the fiscal year ended March 31, 2021, and it expects to significantly expand its Indian manufacturing footprint to serve the local and global demand with this partnership with Reliance.
Facebook | [
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Image zoom
Saalt
Even in 2020, menstruation continues to be a topic many people shy away from discussing openly. As a result, most period product ads are awkward, unrealistic, and downright clich. But menstrual cup brand, Saalt is trying to change that.
With a new ad campaign dubbed "How You Period" Saalt is celebrating a menstruator's choice to do whatever they want during their period. The 30-second spot shows people dancing on their rooftop, mountain biking, casually Zooming with friends for happy hour, cooking with their kids, and chilling out on the couch in a comfy pair of sweats. (Related:
6 Things to Know About Menstrual Cups and Exercise
)
"While most period care ads show people running marathons or twirling in white, the reality is that, sure, maybe you have the energy to climb a mountain on your period (we love that!), and sometimes you might just want to lie in bed. We think both scenarios are totally great," Catharine Day, creative director at Saalt, said in a statement. "We want to start a conversation around diverse period activities that feels relatable."
The non-traditional ad also happened to be shot in a non-traditional way. The coronavirus (COVID-19) pandemichit right as Saalt was about to launch the campaign, meaning they needed to get creative with filming, Amanda Jones, the company's marketing manager, said in a statement. Out of the 200 directors who applied for the job, four were selected to shoot scenes from their socially distanced corners of the world. (Related:
Thinx's First National Ad Campaign Imagines a World Where Everyone Gets PeriodsIncluding Men
)
"Just like this ad wasn't made in a traditional way, we don't have to do our periods in a traditional way either," reads an Instagram postfrom Saalt. "Periods and period care should fit our lifestyles and not the other way around."
If you're not familiar with Saalt the company was created in an effort to address the lack of accessible period care(otherwise known as
period poverty
). Its mission is to help folks recognize menstrual health as a human right rather than a privilege that only some can afford. The company has done so by creating chemical- and toxin-free products that are both healthier for consumers and sustainable for the planet. (Related:
Saalt Is Donating Menstrual Cups to Healthcare Workers Fighting the Coronavirus
)
The brand's popular Saalt Cupcan be worn comfortably for up to 12 hours, which shaves off a significant amount of time that might otherwise go into switching out tampons or pads. The best part? A single cup can last between five and 10 years (yes, you read that right). Not only is that easy on your wallet, but it's also seriously eco-friendly. In fact, since the company launched in February 2018, the brand says it's diverted more than 1 million waste productsthanks to its reusable menstrual cups.
"As a brand, we openly talk about periods to break taboos and foster an inclusive and supportive community to help people make educated choices in period care," Cherie Hoeger, Saalt CEO and co-founder, said in a statement. "We hope that through this campaign, people will say, 'Hey, I can relate to this, maybe I can also relate to this new kind of sustainable period care, too.'"
Ready to try a menstrual cup yourself? Here's everything you've ever wanted to know about using one | [
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Good news for all people who like to track their online history to the last letter of the last message. Twitter has rolled out a new feature in its DM search bar, which allows you to search for specific messages using keywords.
The search option has been present for quite some time but up until now it only allowed users to find a specific person or a group chat. With the latest improvement, Twitter allows people to granulate their searches and find content in their message history.
We know youve been waiting for the option to search your DMs
Now you can use the search bar in your inbox to find specific messages using keywords and names. pic.twitter.com/A41G8Y45QI Twitter Support (@TwitterSupport) March 23, 2022
We know youve been waiting for the option to search your DMs
Now you can use the search bar in your inbox to find specific messages using keywords and names.
March 23, 2022
The new feature has been added to the Twitter mobile app - when you type something in the search bar at the top of your inbox, youll see additional filtering options - people, groups, or messages. If you chose messages, then the search will return DMs containing that particular keyword.
Our colleagues at
note that this new search option can go way back in time and return results from up to three years in the past. However, it seems that this is the threshold, and older messages wont appear in the results.
Twitter keeps on adding interesting new features, last month the company added the option to | [
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- Senior Reporter
October 22, 2021, 09:58am CDT
Digital health platform MediCardia Health Inc. of Mequon, which is chaired by veteran Milwaukee-area angel investor Jeff Rusinow said it raised $3 million in its first major financing round from angel investors, including Milwaukee Venture Partners and Northwestern Mutual Cream City Venture Capital.
The company said Thursday it also attracted angel investors from throughout the United States as well as from Japan.
MediCardia describes itself as a digital health platform that aggregates, organizes and operationalizes comprehensive clinical data for clinicians.
The company was founded in 2020 by its CEO Dr. Indrajit Choudhuriand associates. Choudhuri is a part-time electrophysiologist with Froedtert South in Kenosha.
Rusinow, who provided seed capital, said MediCardia has applications available to a wide array of clinicians with a focus on dramatically improving the user interface, thus improving outcomes, reducing expenses and increasing revenue while improving clinical efficacy.
The new funding round positions MediCardia for rapid growth, Rusinow said. The company will use the new funds to significantly ramp up further IT development of its core digital health platform, which includes embedded telehealth, remote patient monitoring, natural language processing for data discretization, and automated chart preparation.
MediCardia said it will soon begin approaching venture capital investors and strategic partners in preparing for a Series A funding round in 2022.
The company said its systems clinical architecture significantly improves the health care industrys transition to value-based care. MediCardia's mission is to become a leader in digital health by creating provider-centric tools for patient-centric care, resulting in optimal precision medicine for the prevention and continuous care of disease.
New features on the MediCardia platform set to launch in the coming months will include integration for implantable devices, imaging, a research platform and a proprietary clinical intelligence engine, the company said.
MediCardia said it is in the Epic App Orchard of Verona-based Epic Systems.
Northwestern Mutual's Cream City Venture Capital is dedicated to investing solely in startups based in southeast Wisconsin.
"MediCardia has a remarkable vision for the future and the opportunity to drive digital transformation in the health care industry," Cream City Venture Capital managing director Craig Schedlersaid in a press release.
Keep Digging
Year in Review: Milwaukee's tech industry marked by VC and exits
Milwaukee Venture Partners invests in Cincinnati blockchain startup
Fundings
Milwaukee Venture Partners launches to invest in Midwest startups
News
A Guide to the Wisconsin Venture Capital & Angel Investing Ecosystem
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, Professor of Immunology at the Department of Biochemistry and Immunology, Universidade Federal de Minas Gerais,
Brazil
, and principal investigator of the field study for TY014 in
Brazil
.
The successful trial paves the way for a first of its kind treatment for yellow fever.
This rapid development following the similar achievement for Zika affirms the first ever innovative technology platform and boosts the confidence in Tychans development of rapid response capability against deadly infectious diseases. It brings us one step closer to our ultimate objective of addressing sudden infectious disease outbreaks
,
Teo Ming Kian
, Chairman of the Board, Tychan.
Rapid development and manufacture of TY014 and Tyzivumab the Zika therapeutic, were both completed in record times enabled by a joint partnership with WuXi Biologics. The completion of Phase 1 trials for both of its infectious disease pipeline products occurred within 8 months of IND approval.
Congratulations to Tychan on reaching another great milestone with the worlds first Yellow Fever antibody candidate. We are proud to empower Tychans achievements through our single-source integrated biologics technology platform, expediting the timeline of biologics from DNA to clinical trials. Leveraging our strong expertise and capabilities to accelerate the development and manufacture of innovative biologics, WuXi Biologics continues to empower global partners, allowing them to provide more life-saving treatments to meet emerging health challenges
, | [
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Minneapolis / St. Paul Business Journal
Jan 15, 2021, 2:59pm CST
Bright Health has entered an agreement to buy health insurer True Health New Mexico from Arlington, Va.-based Evolent Health, the parties said Friday.
"Bright Health is an innovator in the health care space," said Dr. Mark Epstein CEO of True Health, an Albuquerque-based health insurer, in an interview with Albuquerque Business First. "They're not interested in a cookie-cutter approach to health care."
Epstein said the questions Bright Health executives asked in their discussions showed that they understood True Health's business model and the opportunity the deal presented.
Health system consultancy Evolent Health Inc. reached the deal to sell part of its business five months after its largest shareholder reportedly urged it to do so.
Evolent will sell all of its equity in True Health to Minneapolis-based Bright HealthCare in exchange for $22 million, plus excess risk-based capital, the company disclosed in filings with the Securities and Exchange Commission Thats subject to a customary purchase price adjustment. Evolent formed True Health after acquiring certain assets in 2018
True Health named Epstein CEOin January 2020, replacing Dr. Martin Hickey, who became chairman of the board of directors. True Health is the state's sixth-largest health plan, with 24,000 members as of 2019, according to Business First's Health Plans List
Upon the transactions close expected in the first half of 2021 True Healths 65 employees, including leadership, will become Bright HealthCare employees. Theyll continue leading operations for their local markets, the parties said. The existing services contract between True Health and Evolent (NYSE: EVH) will also remain in place and Evolent will continue providing support.
The move continues a growth trajectory for Bright Health, which reached an agreement to acquire Los Angeles County-based Central Health Plan of California last week, MinneInno reported Bright Health provides
diversified health products and managed care services to over 500,000 consumers in 13 states and more than 50 markets.
Bright's revenues topped $1 billion in 2020. Evolent reported $264.6 million in revenue for the third quarter of 2020, up 20.2% from $220.1 million in revenue for the third quarter of 2019, according to SEC filings. Of that, revenue from True Health premiums totaled $29.5 million for Q3 of 2020, down from $43.8 million for Q3 of 2019, the company reported
By Sara Gilgoreand | [
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Nov. 10, 2020 at 6:06 a.m. ET
on Seeking Alpha
Oct. 13, 2020 at 4:21 p.m. ET
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Edoc Acquisition Corp.
Edoc Acquisition Corp. operates as a blank check company. Its services include acquisition, engaging in a share exchange, share reconstruction, and other business combination activities. The company is headquartered in Victor, NY.
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Florida LambdaRail Announces New CEO
Share Article
Jon Ellis to Lead Florida's Research and Education Network
Jon Ellis
TALLAHASSEE, Fla. (PRWEB)
March 29, 2022
Florida LambdaRail, LLC (FLR), Floridas Research and Education Network, is pleased to announce that Jon Ellis has joined the company as its new CEO. Jon joins FLR after the previous CEO, Joseph Lazor, retired in December and at the culmination of a lengthy search process overseen by the Board of Directors.
The Board and staff couldnt be happier to attract Jon to this opportunity, said Robert Grillo, Chairman of the FLR board of directors and vice president and CIO for the Division of Information Technology at Florida International University. Jons previous career in the military overseeing complex organizations, a diverse workforce and technology systems provide him with valuable understanding of the challenges facing research focused organizations like FLR. We are delighted he has chosen to share his talents with us.
I am thrilled be joining FLR at this time of great advances in networking capability, added Jon Ellis. Just this month, FLR is going to be one of the first R&E Networks in the country to connect to Internet2s 400Gbps Next Generation Infrastructure, or NGI, which we will follow on by upgrading the full FLR backbone to 400Gbps this summer. The incredible increase in capacity means our members and affiliates will have all the tools necessary to support their research and discovery needs now and into the future. I look forward to helping the FLR community achieve great things with our new infrastructure.
Prior to assuming his duties at FLR, Jon served in the United States Army for more than thirty years, most recently at the rank of Colonel. During his career he oversaw advanced modeling and simulation programs where he created and implemented strategic plans, managed multi-million-dollar budgets, and aviation logistics supply chains. During Jons service he led thousands of soldiers and logged more than 1000 accident-free flying hours. He also provided oversight for a strategic network infrastructure and two multi-million-dollar simulation training centers that trained more than 10,000 personnel annually during world-wide exercises. In his final posting before leaving the army, Jon was responsible for individual and unit readiness for 743 employees in six brigades across five states with an annual budget of $10MM+.
Jon holds a Bachelor of Science Degree in Aerospace Engineering from West Point, a Master of Science Degree in Modeling, Virtual Environments and Simulation (MOVES) from the Naval Postgraduate School, and a Master of Arts Degree in National Security and Strategic Studies from the US Naval War College. Jon was also a US Army War College resident Fellow at Old Dominion University in Norfolk, VA., where he studied modeling, simulation, and cybersecurity.
Jon, along with his wife and three children, lives in Orlando where they are very active in supporting their community, in particular youth sports and the arts.
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LinkedIn
When Melissa Chan was 18 years old, her father went missing again. It had happened four years earlier, but this time he'd been gone for two days. His dementia had gotten worse.
We stayed in Woodlands. My mum had dropped him off at his office at Potong Pasir, and when she went to pick him up, she couldnt find him and started panicking, Melissa recalled. There was no Facebook. We had to SMS everyone, and the police followed the missing persons protocol, which meant waiting for 24 hours.
Melissa Chan with her siblings and her father. (Photo: Melissa Chan)
Her father was eventually found sitting on a sofa a few blocks from their home he had somehow managed to find his way to the neighbourhood, but not quite home.
When I think about it, I can imagine how painful and confused he was sitting there. When I saw him at the police station, his shirt was tucked out and he had lost his shoes, said Melissa. The sofa he was sitting in was the same colour as the one we used to have.
Project We Forgot founder and Homage's head of community and outreach Melissa Chan at the latter's office. (Photo: Alvin Teo)
That incident, along with many others as she, her siblings and their mother struggled to care for her father, would eventually prompt the 28-year-old Singaporean to start a social enterprise for dementia caregivers and, later, join an even bigger start-up with bigger aspirations.
GIVING SUPPORT FOR CAREGIVERS
Founded shortly after Melissa's father passed away in 2014, the much-lauded Project We Forgothas been actively functioning as a kind of support group for caregivers of persons with dementia, through online forums, workshops and other activities.
Melissa Chan with volunteers and members of Project We Forgot. (Photo: Project We Forgot>
It was community that her family didnt have back then. As a family, we never spoke about it. My mother was struggling to figure out what was happening to her husband, and care for us, said Melissa. Id cancel appointments with friends because I felt a sense of guilt. I decided not to go overseas for education because a part of me worried that my father would forget who I was when I came back.
One lightbulb moment to start PWF would also come from an unlikely source: Comedian Seth Rogen.
Hes seen as someone super funny but I saw him speaking in (US) Congress about dementia his wifes mother had it and the two of them had to care for her. I was very impressed because he was using a different way to educate them about the condition, and the struggles of caregivers," she said.
"I realised there was nothing like that in Singapore. When you Google, you see Western faces. Any information was very medical, and research papers. But its a very human journey."
Starting PWF entailed a sharp career detour. Melissa had previously worked in the hospitality and tech industries (in marketing and communications for W Hotels and later, a travel tech start-up) but both experiences proved crucial.
I realised that at the end of the day, its about taking (complicated information) and making it accessible for people to digest.
She and her PWF team turned to social media after discovering there were caregivers overseas who were using Instagram as a platform. They were sharing stories, talking about day-to-day experiences, videoing themselves about their struggles.
And it worked. Today, PWF continues to organise activities in Singapore (most recently a dementia-friendly design-a-thon at the National Design Centre) and they are aiming to grow in Malaysia, where theyre holding a film event in time for World Alzheimers Month this September. Alzheimer's contributes a large percentage to cases of dementia, which is an umbrella term, said Melissa.
They have have also gotten support from organisations like the National Youth Council, Alzheimer's Disease Association and Singtel, which had named it one of its Future Makers start-up companies in 2017.
CONNECTING CAREGIVERS AND THE ELDERLY
But PWF was just the start of her advocacy. Early this year, Melissa also joined Homage another local start-up that is also expanding to Malaysia, which helps connect caregivers with the elderly and their family.
I decided not to go overseas for education because a part of me worried that my father would forget who I was when I came back.
For Melissa, whos now also head of Homages community and outreach, it was a chance to offer something that PWF could not.
Weve been doing the emotional well-being support (for caregivers at PWF) and now, Homage has a platform to provide on-demand care (for patients).
In a nutshell, said Melissa, it's something like Grab but for elderly care.
The company has a pool of care professionals, or "Care Pros", that people can tap into by using an app or going online, whether its to send a loved one for a medical check-up or simply to look after them at home.
Project We Forgot founder Melissa Chan is now also head of community and outreach at Homage, which connects caregivers with the elderly. (Photo: Alvin Teo)
THE IMPORTANCE OF TECHNOLOGY
It might seem strange to be bringing up technology when talking about an issue where physical, human interaction is whats most vital, but Melissa says being connected has actually become crucial as the population ages and families become smaller and often busy at work.
There is a need to shift the way care is delivered, especially if youre looking at the topic of longterm care for an ageing population, she said. If a family needs a caregiver in the next two days, can they get it or do they wait two to three weeks, for example.
Whenever I think of services at Homage, I think about how my family couldve used it just a few hours to ensure that someone was home to watch over my dad.
On top of that, people who are tech-savvy will want information at their fingertips its no longer just putting a parent in a nursing home or with a caregiver and not knowing whats happening for a few hours. Just knowing how your parent is doing there is a big role for technology to play in this space," said Melissa.
For example, being connected means one can be updated on how the medical appointment or house visit went without being physically there. And the Care Pros, too, can access previous information about the client-patient through the app so theyre prepared before even entering the home.
The Homage app lets you book a caregiver for your family member. (Photo: Homage)
The current pool of Care Pros number around 1,000, which is a mix of nurses, therapists and non-nurses who are able to provide support. And theyre in-demand. Every hour were delivering care right now, Melissa told CNA Lifestyle.
Joining Homage also resonated with Melissa on a very personal level.
While taking care of her father, there were times when the familys schedules wouldnt sync and they had to sometimes resort to locking him up at home.
It was dangerous and we knew it wasnt the right thing to do, but it was our only option sometimes, she said, sadly.
Melissa C | [
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McLean kidney care startup Somatus Inc. has raised $64 million in Series C financing.
Longitude Capital led the round alongside Optum Ventures and Deerfield Management Company. Existing investors Town Hall Ventures, Blue Venture Fund and Flare Capital also participated.
This raise brings the 4-year-old companys total funding to more than $105 million, the company said Tuesday, following an $11 million raise in 2018 and a $5 million raise in 2017.
Somatus, which now serves more than 20,000 kidney disease patients across six states, said it plans to use the capital to scale its model across the U.S. and invest in its technology.
The funding will fuel the companys larger plan, which involves expanding its comprehensive care model for patients with chronic kidney disease and end-stage renal disease, to meet them where they are, prevent hospital visits and readmissions and ensure a foothold in the fast-growing dialysis market while improving outcomes for these patients.
Within | [
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OneSpartanburg begins planning next 5-year development strategy, seeks input from public
Asia [email protected]
When you take a look at their curriculum and the type of medical care that they're going to be providing in communities here in Spartanburg and across the U.S., their model, the osteopathic model, is in line with how federally qualified health centers like ReGenesis provide care, Hunter said.
ReGenesis provides a range of primary care services that include medical, dental, behavioral health, pediatric, school-based services and chiropractic care.
Patients receive non-generic medications at a deeply discounted price available to federally-qualified health centers called the 340B Drug Pricing Program. For those without insurance, the company has a sliding fee scale that allows patients to pay a nominal fee to receive comprehensive care. ReGenesis also has pharmacies on-site in Gaffney and at the Church Street location in Spartanburg, and a freestanding retail pharmacy in Duncan.
Hunter said ReGenesis hopes to remove price as a barrier to care.
Many folks dont go because theyre worried about how much this is going to cost me, Hunter said. The lowest nominal fee is $20, and if you dont have the full $20, we will work with you and put you on a payment plan for as low as $5 to get you in the door. | [
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JACKSON, Wyo., Nov. 11, 2021 /PRNewswire/ -- Prime Movers Lab, an investor in breakthrough scientific startups working to revolutionize the world's most important industries and transform billions of lives, announced that it will host its 2nd Annual Breakthrough Science Summit on Wednesday, December 1. The event will bring together some of the top founders and investors from across the breakthrough science ecosystem to share their vision for a better future. To learn more about the summit and to register, click here
Speakers include:
Anousheh Ansari is the CEO of the XPRIZE Foundation, the world's leader in designing and operating incentive competitions to solve humanity's grand challenges. Prior to being named CEO of XPRIZE, she captured headlines around the world when she embarked upon an 11-day space expedition, accomplishing her childhood dream of becoming the first female private space explorer, first astronaut of Iranian descent, the first Muslim woman in space, and fourth private explorer to visit space.
George Church, Ph.D. is the co-founder of Colossal and serves as the head of the Wyss Institute and Church Labs at Harvard University. Church is a recognized leader in genomics and the author of "Regenesis: How Synthetic Biology Will Reinvent Nature and Ourselves."
Kam Ghaffarian is the founder and CEO of IBX, as well as the Co-Founder and Executive Chairman of X-energy, Intuitive Machines, and Axiom Space.
Jane Poynter is the founder and co-CEO of Space Perspective. Jane is a serial space entrepreneur, author, and speaker. She was also a founding member of the Biosphere 2 design team and a crew member.
"The summit will provide a forum for some of the leading founders and investors in breakthrough science to discuss how they are building these extraordinary companies and how they will transform the way we live," said Prime Movers Lab Founder and General Partner Dakin Sloss. "At Prime Movers Lab, we back the scientific breakthroughs that are solving global challenges so have convened the premier gathering of thought leaders across these emerging industries."
The firm will also unveil its first scientific breakthrough road map, featuring predictions for the future of energy, transportation, infrastructure, manufacturing, agriculture, and human augmentation. Prime Movers Lab's Chief Futurist Ramez Nam will outline how breakthroughs in energy storage, fusion energy, space travel, biotechnology, and neurotechnology will transform these industries between now and 2050.
"During the coming decades, humanity will need to address challenges such as climate change, poverty, feeding the world, access to water, and meeting the rising demand for billions of people entering the global middle class for more physical goods and services of all types," Naam said. "As an investor in breakthrough scientific startups, we see new technology as a vital approach to solving these challenges and the most critical area for investment to improve human well-being."
Register for the event here
About Prime Movers Lab
Prime Movers Lab invests in breakthrough scientific startups founded by Prime Movers, the inventors who transform billions of lives. We invest in companies reinventing energy, transportation, infrastructure, manufacturing, agriculture and human augmentation. Portfolio investments span in-space transportation, industrial solar heat, ag tech, brain upgrades, nano-structured materials, wafer slicing, prosthetics, 3D printing, mobility, longevity and AI. For more information, please visit https://www.primemoverslab.com
Contact: Gavin Mathis, 406-539-7277, | [
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Summary
HealthEquity continues to grow, and it has demonstrated its ability to generate strong and growing cash flows over time.
Long-term, the company will probably do quite well for investors, but this doesn't make it a great prospect.
Shares are pricey and are, likely, fairly valued at best at this point in time.
Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate.
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9dreamstudio/iStock via Getty Images
When investors think about the health care space, their minds often turn to the companies that own hospitals or to the pharmaceutical companies or to the health care providers. But one area often overlooked involves the HSA, or Health Savings Account. Health Savings Accounts allow workers to set aside money on a pre-tax basis in order to use those funds for healthcare purposes. They are a major tool for millions of Americans that, at the end of the day, help to reduce the burden of America's costly healthcare system. And one company that is dedicated to providing this kind of offering, not to mention other services, is HealthEquity (
HQY
). Over the past few years, the company has exhibited tremendous growth. That growth has continued into the current fiscal year. However, cash flows have been very attractive for the past few years and have been growing alongside revenue. Ultimately, HealthEquity appears to be a high-quality company for investors to consider. But this does not mean that it makes for a great investment prospect. Shares today do look rather pricey and are, at best, fairly valued. More likely than not, they might actually be overpriced to some degree.
A play on healthcare spending
HealthEquity is a diversified providerof various medical offerings and technologies. The core of the company's offerings is the HSA. Based on data covering the final quarter of the company's 2022 fiscal year, it administers nearly 7.21 million HSA accounts worth a combined $19.62 billion. This is up from 5.78 million accounts the company had one year earlier that had a combined value of $14.34 billion. Management has not provided market share data covering the latest fiscal year. But they did say in their most recent annual report that their market share expanded from 4% in 2010 to 16% by the end of 2020. That number is very likely higher today.
In addition to managing HSAs, the company also has another type of account that it oversees called a CDB, or consumer-directed benefits plan. These are offered by employers and include flexible spending accounts and health reimbursement arrangements. At present, the company has 7.19 million of these in its portfolio, up from the 7.03 million it had one year earlier. This brings the total number of accounts the company has to 14.40 million, compared to the 12.81 million it had at the end of its 2021 fiscal year.
As part of its business model, the company also offers technology services that include multiple cloud-based platforms that their members can access online through which individuals can make health savings and spending decisions. Through this online platform, customers can also pay their healthcare bills, look at different treatment options and prices, receive personalized benefit and clinical information, earn various wellness incentives, grow their savings, and even make other investment choices. Much of this functionality came as a result of the company's acquisition of WageWorks in 2019, a deal valued at about $2 billion. In addition to all of this, the company also offers a mutual fund investment platform and provides access to an online-only automated investment advisory service that it makes available to all of its members whose account balances exceed a certain set threshold. Other miscellaneous offerings include COBRA continuation services to employ your clients, health reimbursement arrangements, and even commuter programs that offer their users special pre-tax treatments.
Author - SEC EDGAR Data
Over the past few years, management has done well to grow the business. Although organic growth has taken place, much of this expansion was attributable to its acquisition activities. Between 2018 and 2021, for instance, the company saw revenue climb from $229.5 million to $733.6 million. Official financial results have not been provided for the 2022 fiscal year. But the company has saidthat revenue should range from between $754 million and $756 million. At the midpoint, this would imply a year-over-year growth rate of 2.9%.
When it comes to profitability, the picture has been a bit more volatile. Net income has been all over the map but has been consistently positive for the past few years. What is really exciting, however, has been operating cash flow. Between 2018 and 2020, this number increased from $81.7 million to $181.6 million. Over that same window of time, EBITDA has followed a similar trend, rising from $84.7 million to $240.8 million. Management has provided guidance for the 2022 fiscal year. Based on the data provided, EBITDA should be between $232 million and $235 million. Applying the same year-over-year growth rate to operating cash flow would imply a reading of $176.1 million. And non-GAAP earnings for 2022 should be between $108 million and $110 million.
Author - SEC EDGAR Data
Taking this data, we can effectively price the company. On a price to adjusted earnings basis, the multiple of the company looks to be about 40. The price to operating cash flow multiple is substantially lower but still lofty, coming in at 24.8. And the EV to EBITDA multiple of the company should be about 19.9. Truth be told, these levels are quite lofty no matter how you look at them. And this is true even if you look at them relative to other similar firms On a price-to-earnings basis, the five firms that I identified as being most similar to HealthEquity had a range of between 17.9 and 35.8. Using the price to operating cash flow approach, the range was 8.4 to 23.2. And looking at the pictures of the lens of the EV to EBITDA multiple would give a range of 11.1 to 17.1. In all three cases, HealthEquity was the most expensive of the group. Though it is worth mentioning that these comparable firms are all substantially larger than our prospect. The smallest of them, by market capitalization, is over four times its size. And the largest is almost 101 times its size. Higher trading multiples can be assigned to smaller companies if investors are anticipating rapid growth for an extended period of time. So that expectation may be driving some of this disparity and might be warranted if growth continues.
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Pathway to Living COO Maria Oliva entered the senior living industry 27 years ago and has been a changemaker ever since. From creating a wellness-focused operating model, to developing a multi-brand portfolio, to serving the middle market, Oliva has broken ground that others follow.
Oliva joined Chicago-based Senior Lifestyle Corporation when the company had only four properties. She was able to learn the industry and help shape it, as Senior Lifestyle began to grow into the industry behemoth that it is today.
From there, Oliva joined Chicago-based Pathway to Living then called Pathway Senior Living.
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We spoke with Oliva about creating Pathways Viva-branded operating model, which put an emphasis on promoting resident wellness years before this became commonplace. And she shared how Pathways innovative DNA also comes through in its multi-brand portfolio of affordable, middle-market and market-rate senior living with a new, active adult type of offering in the works.
Today, Pathways portfolio numbers about 30 buildings, and Oliva anticipates that it will expand beyond its regional footprint thanks to a recent acquisitionby Chicago-based commercial real estate investor and operator Waterton.
What are some changemaking efforts youre most proud of?
I think it was 12 years ago, we set the strategic plan for this organization to grow. We decided we need to change the way society thinks about aging and senior living.
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We started by asking, why do we exist? Why would someone choose a Pathway community versus any other community in the market?
Personally, I felt, why arent people interested in moving to seniors housing? People come reluctantly. Its need-driven. I felt that we needed to address that issue.
Thats how we decided to then focus on whats [become] our operating philosophy.
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It was really this paradigm shift in thinking about people making a choice to live here in seniors housing because they want to live the best life possible with the right resources, versus remaining in their home with reliance on friends, neighbors, other caregivers [and] then piecemealing whatever socialization you could get.
And that is the operating model that youve branded as Viva?
We decided that our operating philosophy needed to reflect that this energy of life is still possible in elderhood. We sometimes pull names out of thin air, and Viva seemed to be right. It was about, life needs to be lived, needs to be celebrated. People use that term, viva, in celebration of something, usually someone.
Theres a wellness focus in Viva. You helped lead that change. Now, wellness is permeating the whole industry.
We started to put structure to Viva. Its about acknowledging what are your hopes, what are your passions as an individual, why should you move here? We started changing the job descriptions of our team members. We changed all the titles. I will tell you that 10, 12 years ago, out of thin air, we pulled life enrichment aides. Today, its a norm that most organizations have that.
We started changing the job description to say, Your role is to do all of these things that youre required to do as being a CNA or a resident caregiver, but we want you to share your talents and engage with the residents at a much deeper level to enable them to have meaningful moments, to have purpose.
We started asking residents to become engaged in life. We do things with them, not for them. We ask them to lead programs, and we dont have to entertain them. We have some entertainment, but that shouldnt be how people live.
We took residents camping and we took them horseback riding, hot air ballooning and things that empowered them to think, Wow, life is still positive. I could still do the things I used to do 50 years ago, or I could do things now that Ive never done, because its enabled where I live.
Then we decided, in order to live here, its about having the wellness piece. This isnt just a hospitality play, this isnt just a housing play. People still need to be here for a reason. Its not the primary reason that well look at, but we have to have a coordinated care model.
For the longest time, we were the only ones that had a wellness center in our communities. The developers and construction team said, Why do you need all those spaces? Why do you need it on the first floor? They were trying to hide it. We said, It cant be in a basement, it needs to be part of our DNA. So it needs to be in the front, it needs natural light.
Then, how do we build a network of providers that believe in our philosophy that people need to live a meaningful life and they should be able to live this life in this community for as long as they can?
We created the Viva Plus program. Thats when we aligned the home health, pharmacy. Its about not just coordinating people, but it actually is vetting those providers every market. Its not just talking to them about, what can you provide and whats the relationship, its about, theres the Viva commitment that we have.
Life has to be holistic.
When was Viva Plus implemented?
This started for us 10 years ago.
We built those relationships, and then we could build this program that talks about, what are we doing proactively from a preventative standpoint?
We engage behavioral health early on. Transitioning into seniors housing requires some intervention beyond your family, beyond the team. Our behavioral health partners are able to come in and say, Lets talk about what this looks like for you. You moved from your home and you have to give up your house. Those are real life challenges.
For the longest time, Id go to industry events and it would be, This is a health care model that just has to look and feel like a hospitality. But you have to have a robust infrastructure to support wellbeing in general.
Since you have this robust wellness model in place, is the next step working with Medicare Advantage (MA) payers or health systems?
Weve dabbled with some of the approaches of population health, which is interesting. Its certainly not something that we as Pathway want to be able to drive, but we want to be at the table.
I think definitely thats the trend. Theres no question that the industry is going that way.
I still dont think we get a seat at the table at the hospital systems, but I think from a post-acute [perspective], were going to start to see more and more of that. We are as an industry part of the solution.
Are you looking into MA? To start a plan or partner with existing plans?
Yes, were working. Were looking at partnerships.
Youve also been a changemaker in creating a multi-brand portfolio, which is gainingmore traction in the industry now.
We started the [Victory Centre] affordable portfoliohere in Illinois because of the separate licensure in Illinois for the supportive living [Medicaid] program.
As we expanded we said, We cant call all of our communities Victory Centre because thats the former model. Whats the model | [
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Explore
, the first solution specifically designed for discovering transportation data and sharing ideas rapidly.
COVID-19 has moved with devastating speed worldwide, forcing governments to respond immediately to decreased revenue, operator shortages, sanitation requirements, and emerging needs like access to meal distribution sites - without time to conduct traditional impact assessments on local populations.
With Explore, cities and transit agencies can now combine transportation datasets to quickly uncover multimodal insights and communicate relevant, local statistics in minutes. Decision-makers can connect the dots in Explore between previously siloed information to create dynamic options that best serve operators, front-line workers, and the community with their transportation network.
"Since COVID-19's onset, our customers have created hundreds of maps, plans, and projects in Remix titled 'COVID Emergency Reduction' or 'Contingency Planning' or 'Essential Routes'," said
Tiffany Chu
, Remix's CEO and co-founder. "With Explore, they're now able to overlay location data for hospitals, nursing homes, pharmacies, and emergency services - along with demographic and transportation data with customizable boundaries - onto contingency plans to understand how service changes affect different communities."
Explore delivers critical new data interactions and analysis that Remix customers like Evansville Metropolitan Planning Organization (EMPO,
Indiana
Sweden
) are using alongside the advanced planning, design, and mobility management capabilities that they already have in Remix.
"Remix Explore gives us a quick glimpse of relevant data," explained
Matt Schriefer
, transportation planner at EMPO. "It's easy to look at Explore and get information needed. And that saves us time."
"Explore is a game-changer for us," said Jasse Tykkylinen, data analyst at Vsttrafik. "It allows teams across our organization to self-serve with transportation data and insights at their fingertips in an easy-to-use interface."
About Remix
Remix brings together the complete transportation picture in a single software platform. We build products that help cities develop the best transportation outcomes for their communities. The company was founded in 2014 out of Code for America, and is backed by Sequoia Capital, Energy Impact Partners, and Y Combinator. Learn more about how 325+ local governments across the world are using Remix to achieve their goals at
or follow us on Twitter @remix.
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Candid and dntl bar partner to enhance the dental office experience.
News provided by
Mar 22, 2022, 11:37 ET
Share this article
,
March 22, 2022
/PRNewswire/ -- When it comes to marrying sophistication and technology in dental offices, Candid and dntl bar are ideal partners. Candid's innovative clear aligner system helps its clinical partners streamline high-demand clear aligner treatments while emphasizing patient experience. And dntl bar, a dental service organization (DSO), offers the contemporary amenities and expanded hours that patients want in beautiful retail locations. Now, these startups are partnering to serve more patients elegantly and efficiently.
"It's a pleasure to join forces with a like-minded partner," says Candid CEO and co-founder
Nick Greenfield
. "Both companies are fully committed to improving patient experiences, expanding access to high-quality clear aligner treatments, and elevating our clinical partners along the way."
For a company like dntl bar, these time-saving tools are key to driving whole-practice growth in any location.
Tweet this
Since 2019, dntl bar has expanded its locations in the NYC market, giving patients extended office hours seven days a week which makes scheduling around work, family, and other commitments easier. In addition to convenience, dntl bar also provides patients with a highly aesthetic office environment, sustainable oral care products, and next-level service. Candid clear aligner treatment is realized through a mix of remote and in-person treatmentmaking it an ideal offering for dntl bar.
"At dntl bar, our motto is, 'Dental for the people.' For me, that means placing priority on respecting our patients' busy schedules and giving them an experience that makes them feel at ease," says dntl bar President Dr.
Roshan Parikh
. "Offering Candid at our locations means we can provide our patients excellent clear aligner treatment with minimal follow-up appointments."
Since 2020, Candid has provided dental practices and DSOs with an advanced clear aligner system that minimizes in-person time for both doctors and patients. Their patent-pending CandidRx and virtual CandidMonitoring check-ins give clinicians a reliable method of moving teeth. For a company like dntl bar, these time-saving tools are key to driving whole-practice growth in any location.
"We aim to scale dntl bar quicklyfrom five locations today to around 50 in the next 35 years," says Dr. Ro. "Candid is one piece of the puzzle to how we scale. By transforming our patients' smiles in our luxuriously-appointed locations, our practices will drive lifetime patient loyalty and cement dntl bar as a major player in the DSO world."
About Candid
Candid is a clear aligner orthodontic system that makes treatment accessible and affordable for doctors and patients. Since 2020, Candid has brought high-quality clear aligners and patient support to dental practices and dental service organizations across
the United States | [
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View 8 more images
(Newser)
Benjamin Whitely headed to a Safeway supermarket in Washington DC on Tuesday to grab some items for dinner. But he was disappointed to find the vegetable bins barren and a sparse selection of turkey, chicken and milk. Seems like I missed out on everything, Whitely, 67, said. Im going to have to hunt around for stuff now. Shortages at US grocery stores have grown more acute in recent weeks as new problemslike the fast-spreading omicron variant and severe weatherhave piled on to the supply chain struggles and labor shortages that have plagued retailers since the coronavirus pandemic began, the APreports. The shortages are widespread, impacting produce and meat as well as packaged goods such as cereal.
story continues below
And theyre being reported nationwide. US groceries typically have 5% to 10% of their items out of stock at any given time; right now, that unavailability rate is hovering around 15%, according to Consumer Brands Association President and CEO Geoff Freeman. Part of the scarcity consumers are seeing on store shelves is due to pandemic trends that never abatedand are exacerbated by omicron. Americans are eating at home more than they used to, especially since offices and some schools remain closed, and are thus buying more at the grocery store. A historically high deficit of truck drivers that started building before the pandemic also remains a problem. And shipping remains delayed, impacting everything from imported foods to packaging that is printed overseas.
The omicron variant has also taken a toll on food production lines. Sean Connolly, the president and CEO of Conagra Brands, which makes Birds Eye frozen vegetables, Slim Jim meat snacks and other products, told investors last week that supplies from the company's US plants will be constrained for at least the next month due to omicron-related absences. Worker illness is also impacting grocery stores. Stew Leonard Jr. is president and CEO of Stew Leonard's, a supermarket chain that operates stores in Connecticut, New York and New Jersey. Last week, 8% of his workersaround 200 peoplewere either out sick or in quarantine. Usually, the level of absenteeism is more like 2%. And weather-related events, from snowstorms in the Northeast to wildfires in Colorado, also have impacted product availability and caused some shoppers to stock up more than usual. (Full story, which indicates it's not time to panic buy, here) | [
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Monday, 7th June 2021, 2:25 pm
Updated
Monday, 7th June 2021, 2:26 pm
A mobile dental bus is coming to Milton Keynes this week with the promise of brining perfect smiles to local people.
The SmileBus is part of the privately-run SmileDirectClub the oral care company with the first medtech platform for teeth straightening.
Described as a mobile clinic on wheels, it will be hitting the streets of Milton Keynes from this Wednesday, June 9 , until Saturday June 12. It is offering free 30 minute appointments.
The mobile dental clinic is coming to MK this week
The move coincides with National Smile Month and the aim is to help get locals smiling again following the pandemic, and to help tackle the current dental crisis in the UK.
Its been revealed that Brits are having to travel up to 50 miles to access dental care, with one in five people still on dental waiting lists.
The SmileBus is set to tour the UK and help those who are still struggling to access dental and orthodontic care throughout the pandemic, by offering a more convenient option.
The pop-up experience offers free 30 minute appointments and 3D imaging. Afterwards, the price of custom clear aligners together with premium teeth whitening is 1,539 or 70.09 a month with a payment plan.
You can book a SmileBus appointment here
A UK registered dentist or orthodontist will review the information collected during the appointment via to determine candidacy for clear aligner therapy. if eligible for clear aligner therapy, they will prescribe and monitor the customers customised treatment plan from beginning to end. The treatment takes an average of four to six months.
David Cran, vice president of SmileDirectClub said: SmileDirectClub believes everyone deserves access to a smile they love, so following its success in the U.S and Canada, we are now bringing the next frontier to Milton Keynes - our SmileBus, as part of our mission to get Britain smiling again.
Research commissioned by SmileDirectClub, reveals that during the pandemic, 46% of Brits said their dentist or orthodontist was closed. One in five Brits are stuck on waiting lists; and nearly one in 10 (9%) people said that distance has prevented them from visiting their dentist or orthodontist.
Only 16% of Brits have been able to access their dentist or orthodontist remotely. It was also revealed that 45% of Brits want help to build self esteem following the pandemic.
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4
min read
If you ask even the most highly valuable contributors on a team, odds are the individual only knows of one of his or her jobs. We all tend to focus on how we add value: eg writing software code, inventing a physical component to function better, or convincing a prospective client to say yes. While this is of course crucial to success, it is only 1/3 of the job. To recognize our other responsibilities, we must hold the context that in any company, our work is part of a broader value chain. This concept of the value chain was one of the most important areas of focus in Business Mastery a Tony Robbinsevent our team recently attended.
The value chain is the overall process in which value is delivered to the client. For example, if I want to buy a car, there are multiple steps a car company takes to make this possible. First, a representative at the dealer greets me. Second that representative introduces me to possible cars and solicits my feedback. Third, he or she connects me to someone who makes a test drive possible. Fourth, the sales person checks with their sales manager what price can be offered. Fifth, the sales person negotiates with me. Sixth, the sales person helps me complete paperwork to submit to the back office. Seventh, the back office verifies the paperwork and processes payment. Eighth, a person from the dealer ensures the car is prepared to be given to me to driven home. Ninth, I receive the car and drive home. This is just describing the sale of the car, not its manufacturing or marketing or other key processes that made this possible.
At each step in the value chain described above, there are three actions a representative of the dealer takes. First, the worker receives something (information, requests, emotions, needs, materials or deadlines) from the previous worker in the value chain: eg the paperwork or the negotiation parameters. Second, the worker adds value by providing a test drive, or negotiating, or processing payment. Third, the worker supplies something to the next worker. This cycle of receiving, adding value and supplying repeats at each step in the chain.
This makes clear the three jobs we all have: receive well, add value and supply well. Even if you add tons of value but receive poorly from the previous worker or supply poorly to the next one, you arent doing your job because you are breaking the value chain and not ultimately serving the interests of the client. The key is to recognize that everyone is your client including the prior worker who you are receiving from and the future worker who you are supplying. Adding value is just one step to success.
So what does it look like to do each step well? For receiving, you want to proactively and intelligently process what is being supplied to you. This means anticipating what is coming to be ready to receive it. It also means clarifying and verifying what you are receiving to ensure there was accurate communication. Otherwise, the ball gets dropped and the ultimate client suffers (eg a misunderstanding about which car color is available to purchase today).
For adding value, its about the clients standards. You dont measure added value based on what you as the contributor want, but rather what the client needs and believes is valuable. This requires stepping into the world of the client and falling in love with meeting their needs rather than falling in love with your product or service.
Finally, to supply well: intelligently and proactively hand off by anticipating what might break down and preventing that. Clarify and verify that what you are supplying has been received well and the next person has gotten the desired information, request, emotion, need, material or deadline intended.
Remember, you have three jobs that ensure an unbroken value chain: receive well, add value, and supply well.
Prime Movers Lab
invests in breakthrough scientific startups founded by
Prime Movers, the inventors who transform billions of lives. We invest $1mm-$3mm in seed-stage companies reinventing energy, transportation, infrastructure, manufacturing, human augmentation and computing.
Backing breakthrough scientific inventions transforming billions of lives.
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Published:
22 Mar 2022 10:00
In a post-pandemic working environment that has not only prompted the move towards hybrid working but has also seen enterprises increasingly looking for flexible and agile management tools that can be delivered in the cloud, unified communications (UC) and collaboration services software developer Kurmi Software has launched Kurmi as a service (KaaS).
The platform is fundamentally designed to deliver simplified provisioning of unified communications and contact centre services to enterprises worldwide from the cloud. KaaS pairs all the capabilities of Kurmis on-premise platform with a hosted model that is intended to deliver faster and easier access to the tools required to streamline and optimise the day-to-day administration of unified communication platforms, including Avaya, Cisco, Microsoft and Zoom.
Outlining reasons for the launch, Kurmi said research had shown that the Unified Communications market is expected to reach $344bn by 2028, driven by digital transformation, a hybrid workforce environment and a surge in enterprise cloud adoption and migration. It also pointed out that the dynamic had in no small part been accelerated by the pandemic, and that a move towards hybrid working has also seen enterprises increasingly looking for flexible and agile management tools that can be delivered in the cloud.
Enterprises are always looking at ways to cut costs and the volume of hours required to support critical UC solutions is a big part of this, said Thibaut Felgeres, CEO at Kurmi Software. This is why we have developed Kurmi as a service, to extend the delivery model options for our UC automation services beyond on-premise into the cloud. KaaS enables users to benefit from all the existing Kurmi Software features, but with the added flexibility of total cloud management, instantaneous updates and a predictable upfront monthly cost.
Developed to meet this rising demand for UC automation, KaaS is attributed with accelerating the implementation of UC management and creates an improved customer experience, automatically delivering the latest and most up-to-date release of the platform, without the IT overhead. It also offers a transparent and predictable monthly cost model with a range of additional benefits for enterprise customers.
Kurmi added that with KaaS, the ability to create templates by site or function and set up repeatable processes could reduce the amount of time needed to onboard new users by up to 80%, and transforms provisioning UC into a fast, one-click activity.
Additionally, automated moves, adds, changes and deletes (MACDs) workflows and processes, including flexible Role Based Access Control (RBAC) and advanced features such as rollback and scheduling, means that IT admin teams can assign day-to-day UC management tasks to employees without advanced technical skills, including helpdesk staff, local administrators and HR assistants.
Read more about unified communications
Global infrastructure provider implements private network to enable unified collaboration
and contact centre systems firm to augment and scale networks to accommodate rapid growth and spikes in demand.
IT needs a unified communications strategy for voice and video conferencing, chat and other tools. This step-by-step guide helps you implement, evaluate and manage UC in the enterprise.
With the latest in data encryption and cloud-based systems maintenance, KaaS is said to offer benefits with security software, removing the need for manual integration or security expertise by automatically keeping up-to-date and compliant with the latest regulations and threats, with all platform management handled by Kurmi. All KaaS users will receive access to the latest Kurmi support for new features from their platform suppliers without delay.
Providing an alternative delivery model to Kurmis on-premise service, KaaS will complement the existing Kurmi UC Provisioning suite, giving customers the same experience, but with what the company assures will be the added flexibility and peace of mind that comes with a SaaS model.
Read more on Unified communications | [
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MENAFN
- EIN Presswire)
PAKISTAN, March 28, 2022 /EINPresswire.com / -- ABTACH LTD is undoubtedly a leading tech giant that aims to soars up IT solutions all around the world. The company has incredibly created its footprints in the mobile app development area and robust digital marketing. The firm experiencing a massive transformation to dig best outcomes to accomplish IT venture.
Azneem Bilwani is ready to follow the IT trends that become the buzzword today. Due to the strong vision and mission, he announces to introduce latest IT trends such as metaverse, artificial intelligence, non-fungible tokens (NFTs), Virtual reality, augmented reality, and machine learning in every digital venture.
The CEO of ABTACH Azneem Bilwani established this firm in the year of 2015. They hire a team of witty and enthusiastic professionals, who aim to break the barriers to bring something innovative in every product. The company pays lots of attention to adding charisma to the services the firm offer.
In the mobile app development area, the firm is ready to laid down the cutting-edge solution to provide remarkable products. To reach the new heights of success and make a name among the leading company, Azneem Bilwani integrates the latest mobile app development trends.
From service-based apps to game apps, the company offers unmatched and creative app development solutions . The founders of ABTACH LTD know how to craft the attention of their targeted audience. Their innovative approach makes impossible things possible.
In the field of app development, the firm also uses the latest software and analytical tools to develop creative apps. They have a panel of highly diligent employees, who keep their keen eyes on changes in app development trends. The company has successfully completed thousands of mobile app projects for different leading brands.
In establishing unbeatable standards related to all the facets of the IT world, ABTACH always ensures to make their customer satisfied. Creating organic and potential leads is the main aim of this firm. Building a professional brand image and helping customers to gain a massive audience.
When talking about the digital marketing area, this company specializes in different technical and creative fields. They offer a wide range of services including search engine optimization, content creation, persuasive video animation, & pay-per-click advertisement.
Now moving towards the head of ABTACH LTD Azeem bilwani, who saidtheir passion is to drive more customers and aims to surge the global IT venture. He even mentioned,We love to strengthen our bond with IT enthusiasts who are sincerely committed to taking this firm to a height of unbelievable success.'
With transparent business policies, the ABTACH provides a friendly, corporative, and open work environment to its workforce. The firm aims to score greater targets, so with a proper hierarchy system they try harder to leave no stone unturned. Let's see what ABTACH offers to its customer this year.
Media Team | [
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Amazon
has suspended shipment of retail products to customers based in Russiaand Belarus, and will no longer provide customers with access to its streaming service Prime Video in Russia
The company said that it will no longer be accepting new Russiaand Belarus-based AWS customers and Amazonthird-party sellers.
"We are also suspending access to Prime Video for customers based in Russia, and we will no longer be taking orders for New World, which is the only video game we sell directly in Russia," the commerce giant said in a statement.
Amazon
stopped any new orders of the open-world MMO New World, the only game title it sells in Russia.
Several other gaming giants like EA Games, CD Projekt Red, Take-Two, Ubisoft, Activision Blizzard, and Epic Games, have suspended sales in the country.
Unlike some other US technology providers, Amazon and AWS have no data centres, infrastructure or offices in Russia.
"We have a long-standing policy of not doing business with the Russian government," said Amazon.
Amazon's cloud-computing unit AWS has also announced that it is no longer accepting new customers based in Russia or Belarus, following the invasion of Ukraine.
The company said it is continuing to partner with several NGOs and organisations to support humanitarian needs in the region.
"Amazon donated $5 million to support those impacted. We continue to match our employees' donations, and we're happy to report that over 10,000 employees have donated to the effort," it informed.
Tens of thousands of customers around the world have also made donations via Amazon home pages.
In addition to Amazon, several tech players like Apple, Microsoft, Samsung, Netflix, and PayPal have stopped doing business with Russia. Visa and Mastercard have also shut down operations in the country.
--IANS
na/shb/
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Man arrested for suspected OWI after crashing car, attempting to flee
Speaking in an emergency debate late Monday in Parliament, Prime Minister Justin Trudeau said the protesters are trying to blockade our economy, our democracy.
Auto parts and other goods were still flowing across the border Tuesday evening, despite the bridge delays. But trucks had to travel almost 70 miles north to the Blue Water Bridge connecting Sarnia, Ontario, to Port Huron, Michigan. Authorities at that bridge reported a nearly three-hour delay for trucks to cross. In total, the trip will take more than five hours longer than normal.
Flavio Volpe, president of the Canadian Auto Parts Manufacturers Association, said the protesters have no right to park vehicles in the middle of roads. He questioned how many of the protesters were truckers because trucker associations and large logistics companies have disavowed the blockades.
It is really a collection of kind of anti-government provocateurs, he said.
The protests also threaten supplies of fresh produce, livestock and other food, Volpe said.
Even a five-hour delay can cause production disruptions because factories are running so lean on part supplies with an already fragile supply chain, said Jeff Schuster, president of the LMC Automotive consulting firm in Troy, Michigan.
Everything is so just-in-time these days, he said. Were still dealing with parts shortages in general and supply chain issues. This is just another wrench in the industry that were dealing with right now.
Protesters also closed another important U.S.-Canada border crossing in Coutts, Alberta.
The daily demonstrationsstaged by the so-called Freedom Truck Convoy are centered in Ottawa, where demonstrators have used hundreds of parked trucks to paralyze parts of the capitalfor more than 10 days. Protesters have said they will not leave until all vaccine mandates and COVID-19 restrictions are lifted.
Protest organizers have been calling for weeks for the removal of Trudeaus government, although most of the restrictive measures were put in place by provincial governments.
On Tuesday, the organizers withdrew an unlawful demand that the nations governor general, the representative of Britains Queen Elizabeth II as head of state, force federal and provincial governments to lift all COVID-19 restrictions, including vaccine mandates. They now say they support Canadas constitution and the democratic process.
Franois Laporte, the president of Teamsters Canada, which represents over 55,000 drivers, including 15,000 long-haul truckers, said the protests do not represent the industry in which 90% of drivers are vaccinated.
The Freedom Convoy "and the despicable display of hate led by the political Right and shamefully encouraged by elected conservative politicians does not reflect the values of Teamsters Canada, nor the vast majority of our members, Laporte said in a statement.
Canadas largest trucking company is virtually untouched by the vaccine mandate for truckers crossing the U.S.-Canada border, said Alain Bdard, chairman and CEO of TFI International Inc.
Vaccination at TFI is not an issue at all," he said. The company's few unvaccinated drivers are kept in Canada.
The protests have also infuriated people who live around downtown Ottawa, including neighborhoods near Parliament Hill, the seat of the federal government.
Dave Weatherall, a federal civil servant, lives near the truckers prime staging area in a city-owned parking lot outside of the downtown core. Theyre using the lot to terrorize people, he said.
Its the first time since having kids that Ive seriously wondered about the world we brought them into. I always figured they could handle most things the world will throw at them, but this feels different, he added.
Ottawas city manager said all tow-truck companies on contract with the city have refused to haul away the big rigs.
Joel Lightbound, a lawmaker for Trudeaus Liberal Party, rebuked his leader Tuesday for dividing Canadians and said his government needs to create a road map for when coronavirus measures should be lifted.
It is time we stopped dividing people, to stop pitting one part of the population against each other, Lightbound said.
Trudeau said everyone is tired of COVID-19, and that the restrictions will not last forever. He noted that Canada has one of the highest vaccination rates in the world.
This government has been focused every step of the way on following the best science, the best public health advice, to keep as many people as safe as possible. Frankly, its worked," Trudeau said Tuesday.
Pandemic restrictions have been far stricter in Canada than in the U.S., but Canadians have largely supported the measures. Canadas death rate is one third that of its neighbor.
Meanwhile, the Canadian provinces of Saskatchewan and Quebec announced plans to lift some or all COVID-19 restrictions starting next week and extending until mid-March. The premier of Alberta was expected to announce a similar plan soon.
Gillies reported from Toronto. Associated Press Writer Tom Krisher in Detroit also contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
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Verita acquires award winning Timeblock
September 17, 2019
Timeblock named Product of the Year at Global Health and Travel Awards
Singapore, 12 September 2019 Verita Healthcare Group, a global provider of preventative, personalised healthcare and wellness clinics, has acquired a controlling position and global distribution rights for Timeblock
, a breakthrough supplement in age reversal.
Timeblock
is the culmination of 20 years of research by a group of leading scientists in Switzerland. What began originally as a research project into anti-cancer medicine evolved upon the discovery that several plants out of the 118 species tested also had remarkable anti-ageing properties.
Many years of testing and cultivation revealed that selected plants and grasses grown at ultra-high altitudes (over 1,500m) and in precise environmental conditions and locations, produced a nutritional density many thousand times higher than the same plants and seeds
grown
elsewhere. These intensified nutraceutical ingredients formed the basis of the Timeblock
supplement and later, the unique skincare range.
A human clinical trial conducted by Vienna University in 2017 showed that the active ingredients in Timeblock
, when taken daily, reversed biological ageing markers on average by 17
percent
over a six-month trial period (110 volunteers) effectively turning the human ageing process on its head.
Julian Andriesz commented on the acquisition:
The more we understood the Timeblock
product, the more we liked it and saw the potential to take ownership of the supply chain and invest in the company to take it global.
We know Timeblock works, the trials show it works, and it has huge potential to create a better quality of life and longevity for people globally. Now, more of our clients around the world will be able to access Timeblock
as we focus on market roll-outs in the US and Europe, with additional geographies planned in the coming months.
Timeblock
was awarded Product of the Year at the Global Health Asia Pacific Summit in Bangkok on the 6th of September. Held at the prestigious Anantara Siam Hotel, the awards featured leaders and change-makers in the field of health, disease prevention and anti-ageing medicine.Verita also won Integrated Health Clinic of the Year, Asia Pacific, in addition to bagging Product of the Year for Timeblock
, its recent acquisition.
The ceremony marks the third year Verita has been crowned Integrated Health Clinic of the Year.
Verita CEO and Founder Julian Andriesz commented:
We are obviously delighted that Verita has been awarded not one, but two awards, this year for our innovative global solution.
Veritas success is a culmination of decades of experience.
Asia
Pacific is a fast-growing region for us and winning these two awards validates all the hard work and tireless efforts of our researchers, scientists and doctors.
At Verita, we never settle for second best and are passionate about providing customised, preventative healthcare, so that people can choose to live better, for longer. These awards reflect that Verita is the first choice for a new era of preventative medicine.
About
Timeblock
Timeblock
began as a research project into cancer-prevention, and the analysis resulted in findings that identified several plants out of the 118 species tested as having remarkable anti-ageing properties.
These crops had been growing in high altitudes, and through experiments, our researchers realised that low CO2 level in the air, plus extreme temperature variability between day and night, are essential requirements for optimal herbal nutrients and microfauna to obtain perfect pH values. Therefore, we cultivate our ingredients under organic conditions at elevations of over 1,500m.
Clean and scientific, the Timeblock system is rich in plant-based, non-toxic ingredients. Our skin care range is paraben, SLS, fragrance and alcohol-free, and rigorously tested for safety and efficacy. The timeblock Day and Night capsules are Vegan, non-GMO, gluten and lactose free.
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New initiatives or programs, Expanding industry, alliance & partnership, Product launching and presentation, Executive statement | [
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Buy Photo
Workers at Green Peak Innovations in Windsor Township create clones of marijuana plants Wednesday, Feb. 13, 2019.
(Photo: Matthew Dae Smith/Lansing State Journal)
LANSING Mid-Michigan will soon have more marijuana jobs.
Marijuana company Green Peak Innovations employs 80 people and expects to add another 120 jobs at its facilities in Lansing and Windsor Township by the end of the year, said Jeff Radway, the company's CEO.
The company, which includes growing and processing facilities, plans to construct an additional 170,000 square feet of space in Windsor Township by the end of the year.
Green Peak also plans to open 19 dispensaries throughout the state over the next two years, employing as many as 400 people, Radway said.
Buy Photo
Workers at Green Peak Innovations in Windsor Township pull marijuana plants to be dried, Wednesday, Feb. 13, 2019. Green Peak currently employs anbout 80 people, and expect to employ about 200 by the end of the year.
(Photo: Matthew Dae Smith/Lansing State Journal)
"We'll be a major employer in the area," Radway said. "We'll be a major employer throughout the state of Michigan."
Green Peak is in the midst of its first harvest of medical marijuana plants and will ship their first round of product this month, Radway said. The company's products will be sold under its Skymint brand.
Green Peak has facilities on Jolly Road and in Havest Park, an industrial site on either side of Creyts Road in Windsor Township that's billed as
the largest marijuana business park of its kind east of the Mississippi
.
Inside the facilities, workers wear hairnets and color-coded scrubs. The marijuana strains grown there have names like Sour Diesel, Super Lemon Haze and Pug's Breath. There are specific rooms for different stages of the plants' life cycles. Each room is climate controlled and has its own HVAC system.
Buy Photo
Workers at Green Peak Innovations in Windsor Township show bags of marijuana buds Wednesday, Feb. 13, 2019.
(Photo: Matthew Dae Smith/Lansing State Journal)
On Wednesday, Green Peak officials walked members of the media through the stages of the growing and harvesting process.
Its kind of like barbecue low and slow this the way to go," said Shawn Hanrahan, Green Peak's director of production as he showed off the facility's drying area. "Its going to take a bit of time to make sure that quality is there.
Green Peak's facilities have the potential to produce around 30,000 pounds of marijuana every year, Radway said.
Michigan voters approved legalizing marijuana for recreational use in the Nov. 6 general election.
Radway said the company plans to eventually grow recreational marijuana and could start harvesting the plants next summer.
"We believe we can largely meet the demands of the state of Michigan," he said.
Buy Photo
Workers at Green Peak Innovations in Windsor Township create clones of marijuana plants Wednesday, Feb. 13, 2019.
(Photo: Matthew Dae Smith/Lansing State Journal)
Contact reporter Haley Hansen at (517) 267-1344 or [email protected].
Follow her on Twitter @halehansen.
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(MENAFN - EIN Presswire)
CLIO, MICHIGAN, UNITED STATES, November 17, 2020 / EINPresswire.com / -- Cannabis Industrial Marketplace announces the addition of both the New Jersey CannaBusiness Association and Stockton University to the Largest Virtual Cannabusiness Expo of 2020! They are taking their annual New Jersey Cannabis Career Fair and Business Expo virtual! Join us Dec 9-10, 2020.
The New Jersey CannaBusiness Association (NJCBA) promotes jobs and growth in a sustainable and responsible cannabis industry in the Garden State. They lobby for legislative and regulatory changes to support this goal; and sponsor a variety of events each year to educate the NJ public about cannabis and to provide networking opportunities to local cannabis entrepreneurs.
Stockton University offers an interdisciplinary undergraduate minor in Cannabis Studies that provides students with a foundation in the burgeoning cannabis industry. It also offers an on-line Cannabis Studies Certificate program . This certificate was developed to address a growing demand by people interested in entering the Cannabis industry, either as growers, as medical cannabis providers, or as individuals involved with business and/or legal aspects of the industry.
December 9th's seminar track, Session Room 3 - 'Opportunities and Challenges in the Cannabis Industry' include speakers and panel discussions presented by policymakers, business leaders and experts in their fields. Legislators and activists from New Jersey and Illinois will discuss adult cannabis legalization and how to achieve social equity in state law implementation. National experts will share their knowledge about the hemp industry, cannabis insurance, cannabis edibles and medical cannabis. There will also be a cooking demonstration and question and answer session with culinary experts and educators.
'This is a chance to showcase how academia is responding to the new cannabis economy. In the world we find ourselves in today, people are looking for ways to earn and educate themselves from home. I am personally very proud to see a University from my home state lead this evolution in academic affairs and standard-setting in our nascent industry. I can't wait to see what offerings they unveil at the show.' - David Serrano, Co-Founder of Harvest 360.
The career fair and business expo pavilion will include 20+ booths of leading Northeast cannabis and cannabis related companies looking to fill positions and/or network. Have your digital resume prepared and be ready to speed interview with companies looking to fill positions in the industry.
'We are excited to have them join us for this event, both are great organizations that support the maturing industry in New Jersey, and their 'Opportunities and Challenges in the Cannabis Industry' seminar sessions look fantastic' said Jen Wynn, VP of Expos for Cannabis Industrial Marketplace.
For more information and to purchase tickets visit Discount Tickets here .
Jennifer Wynn | [
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Buy now
The beauty, who is married to Justin Bieber, slicked her hair up into a no-fuss ponytail, the perfect hairstyle for an arduous workout.
She carried her essentials inside a chic black leather purse slung over her shoulder and rocked a face mask amid a COVID-19 surge.
Kendall looked stunning even in her sweats as she arrived to class wearing a zip-up hoodie, black leggings, and Nike trainers.
Sweaty: Kendall wore her raven hair swept up into a ponytail
Working it! The women accentuated her gym-honed limbs with a pair of leggings
Sweater weather: Jenner kept warm with a green sweater and olive green leggings
The reality star wore her raven tresses down and protected herself from the elements with a slim pair of shades and a face mask.
The women were then seen inside the studio as they readied themselves for their exercise.
Kendall and Hailey are among the biggest names in the modelling industry, and together they recently starred in a glossy new campaign for BOSS.
Best tressed! The beauty, who is married to Justin Bieber, slicked her hair up into a no-fuss ponytail, the perfect hairstyle for an arduous workout
The top models starred in the brand's #BeYourOwnBOSS campaign alongside Joan Smalls, rapper Future, boxer Anthony Joshua and TikTok star Khaby Lame,.
Also featuring South Korean singer and actor Lee Min-ho, Italian tennis champion Matteo Berrettini, and German runner Alica Schmidt.
#BEYOUROWNBOSS campaign reveals an all-star cast tapped as the collective faces of the Spring/Summer 2022 campaign. The shoot heralds a major rebrand for the company.
Head turner! Kendall looked stunning even in her sweats as she arrived to class wearing a zip-up hoodie, black leggings, and Nike trainers
Let's do this! The women were spotted inside the sleek studio
The striking campaign, shot by acclaimed fashion photographer Mikael Jansson, was captured on sets around the globe.
Hugo Boss CEO Daniel Grieder said: 'We are absolutely thrilled by this amazing cast for BOSS. The talents and personalities of the campaign perfectly embody what a boss stands for today.'
'Delving into the more personal, emotive, and thoughtful aspects of being a boss in today's world helps us connect in a more concrete and tangible way to millennials'.
Just the two of us: Kendall and Hailey had the studio all to themselves as they endured a grueling workout to start their weekend off right
Model behavior! Kendall and Hailey are among the biggest names in the modelling industry, and together they starred in a glossy new campaign for BOSS
Like a BOSS! Jenner showed off her toned tummy as she posed up a storm for the fashion brand
Share or comment on this article:
Kendall Jenner and Hailey Bieber showcase their runway figures in leggings as they arrive to Pilates | [
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Online marketplace Refurbed has partnered with Irish tree planting project Reforest Nation to help rebuild native woodlands and offset carbon emissions.
The partnership, which has been announced to coincide with National Tree Week, will see Reforest Nation join Eden Reforestation Project as a key part of the companys goal to counteract any CO2 emissions produced as a result of the refurbishment of its electronics.
Customers buying a refurbished device from the website will be able to choose Ireland as a country in which to plant a tree as part of the process.
Eden Reforestation Projects plants trees in countries including Haiti, Indonesia, Kenya, Madagascar, Mozambique and Nepal.
Refurbed plants a tree for every product it sells; the company said in 2021 it has planted 1 million trees, with more than 25,000 from Irish customers who have bought refurbished technology in the past year.
The announcement is particularly timely as National Tree Week is recognised in Ireland this week. Reforest Nation is on an ambitious mission, and I am thrilled that refurbed can be part of their journey to make a real difference across Ireland and beyond, said Peter Windschhofer, chief executive and co-founder of Refurbed.
Irish consumers have contributed significantly to the number of trees we have planted in the past year, and we hope in 2022 that this number will increase further. This partnership will also allow Irish consumers to have a positive impact on the native reforestation efforts in their home country.
Founded in 2017 by Mr Windischhofer, Kilian Kaminski and Jrgen Riedl, Refurbed employs more than 150 people and operates in Ireland, Austria, Germany, Italy, France, Sweden, the Netherlands and Denmark.
Refurbeds refurbishment process includes a 40-step procedure to return products to factory condition before they are sold. The tree planting offsets the emissions from this process.
Reforest Nation are doing tremendous work in trying to revitalise Irelands forestation and this was a natural fit for Refurbed in terms of matching our goals, mission and values as a whole, said Pdraig Power, Refurbeds marketing manager for Ireland. Along with our other markets, Refurbeds objective is to get one refurbished device into every household in Ireland. We believe that with the shift to a circular economy, people will be more conscious of their purchases, particularly electronic devices such as smartphones, laptops, and tablets. With the option to assist in the redevelopment of our forest lands, I believe people will be drawn to this new partnership with Reforest Nation in helping our country face the challenges of fighting climate change.
Reforest Nation has a goal of planting one million trees by 2024 to help restore biodiversity and fight climate change. The organisation has planted 35,000 in Ireland since it was established in 2020, with a further 75,000 in Africa, Asia and central America.
I am excited to welcome Refurbed as an ecosystem level planting partner of our organisation as we aim to achieve our target of planting one million trees by 2024, said Gearid McEvoy, founder of Reforest Nation. Our goal is to make an impact in the world with the restoration of biodiversity and I know this is something which is shared with the team at refurbed. They are doing some outstanding work in making customers aware of the circular economy, particularly with day-to-day or modern must-need products such as smartphones, tablets and laptops amongst others. I believe together, we can work to make a big difference not only amongst consumers, but also in the physical landscape of this country.
The Government previously announced plans to plant 440 million trees for 2040. Ireland currently has 11 per cent of land covered with trees, with only 2 per cent of that consisting of native trees.
Topics:
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Facebook parent Meta fined 17m by Irish Data Protection Commission
Technology and the green glow of Ireland
Is Intel's 12bn investment just a consolation prize?
Could Apples new iPad Air replace your laptop?
Salesforce software provider Gearset to open office in Belfast
Irish-founded Woebot secures $9.5m from pharma giant Bayer
Web Summit seeks to prevent co-founders firm pursuing 5m-10m profit share claim
Causeway secures 1.8m in investment for nanosensor platform | [
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Work
Workplace pregnancy loss policies are opening up the conversation around miscarriage
Flo Healths chief people officer explains why the business is the latest to introduce pregnancy loss leave
By
October 15, 2021 6:30 am
Among women who know theyre pregnant about one in eight pregnancies will end in
miscarriage
, the NHS says.
But the grief of these families is very rarely acknowledged. More often than not, pregnancy loss remains a silent experience, especially in the workplace.
At Flo Health, we are adding a pregnancy loss policyas part of our parental leavepolicy, in a commitment to supporting all employees through the bereavement and grief of a pregnancy loss.
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This includes two weeks of fully paid leave, self-certified and no questions asked. It doesnt matter whether it happens directly to the employee, their partner, or their babys surrogate mother, regardless of the nature of the loss, the stage of pregnancy, whatever their length of service and which country they work in for Flo.
For us, a pregnancy losspolicy is not only about the policy itself, but about broadening the general conversation about womens health in the workplace.
We are using our platform to bring awareness and support to people experiencing pregnancy loss both through our period tracker and pregnancy app, and as an employer.
We are standing alongside other progressive businesses like Channel 4, Monzo, Bumble, and the Co-op, which have all made public commitments this year to introduce pregnancy loss policies.
In doing so, they are rewriting the narrative and dismantling archaic workplace gender norms and social stigmas.
We believe that it doesnt matter whether a pregnancy loss policy comes under the heading of an existing parental leave policy, an absence policy, or a bereavement policy.
Read More
Myleene Klass: Miscarriage changed me as a person it took all the joy out of my subsequent pregnancy
What matters most is that every person feels supported by their employer in dealing with their loss on their own terms.
It is often assumed that because pregnancy is related to womens reproductive health, pregnancy loss is a womens issue. The reality is men experience the same sense of loss, and need the same commitment of time and flexibility from their employer to heal.
The timing of these changes makes sense. The global pandemic brought about a whole new level of merging between our jobs and our lives, and pushed topics like employee mental health and wellbeing, a sense of belonging, and a balanced work-life blend to the top of every companys agenda.
We are seeing more visibility for these practices and policies, and as they disseminate further, we hope that pregnancy loss provision will eventually become the norm in expected employer practices globally.
With a greater discourse and employer advocacy employees across all industries will have the confidence to speak up and demand a culture that respects and supports them as a whole person, who has a whole life to live besides work.
In turn, employers can build supportive, understanding and human workplaces where the people are put first.
Ann Roberts is chief people officer at Flo Health
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Rootine: a new option for vitamins
By H&W on 7th Jul 2019
Share
A company is hoping to change the way that we consume vitamins and nutrients. Rootine, which is based in Nashville, launched earlier this year. Nashville Health & Wellness Magazine sits down with Rachel Soper-Sanders, one of the co-founders of the brand, to find out more
A new Nashville-based company hopes to shake up the vitamin game. Rootine is a hyper-personalized, subscription vitamin program that aims to provide its users with a totally unique mix of supplements for their health.
Rachel Soper-Sanders, one of the co-founders of Rootine, explains that traditional one-fits-all vitamins arent often helpful to health regimes, due to different individuals genetic makeup. Rootine is a very different type of multivitamin. What we do is look at your lifestyle, your DNA and your micronutrient levels, combine all of those data points and create a 100% custom recipe for you, full of specific nutrients and dosages.
The vitamins that Rootine delivers dont look like traditional capsules, they much smaller than most tablets, and these microbeads claim to be designed in a way that optimizes delivery. According to the company, this design took three years to be engineered in order to maximize the way that your body absorbs nutrients, in a slow-release method that mimics how your body absorbs food. These microbeads can be swallowed with a drink or sprinkled on a meal. Its great for people that find the big, horse pills hard to take. You can take it in a lot of different ways. You can pour it on your tongue, you can take it with water, you can mix it into your smoothie, yogurt or cereal, says Rachel.
Rootine was built out of the idea that standard multivitams in the market are based on a one-size-fits mentality, but these generic recommedations do not work and customization is key.
Although Rachel is based here in Nashville, much of the science behind Rootine was developed in Europe. Rootines co-founder, Dr. Daniel Wallerstorfer is a leading genet | [
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Tackling the matter of home renovations in a world of ever-increasing costs, will be on the agenda at the forthcoming Ideal Homes show, which will offer inspiration, ideas, and expert advice on every aspect of interiors.
Helping attendees get to grips with high construction costs will be architect and presenter of the RT TV show, Home Rescue, Risn Murphy, who will headline the show on Saturday and Sunday.As part of this, she wants owners to re-evaluate their homes and the fabric of these abodes.
New is not necessarily better is her credo, which forms part of a larger movement of slow architecture, which has the same ethos as the slow food movement. It champions just using what you need, repurposing where you can, and mixing vintage and antique furniture with the contemporary.
Architect Risn Murphy. Photograph: Andres Poveda
Murphy is just one speaker at the upcoming show, which will take place in Dublins RDS on April 1st to 3rd, and as always, will be a one-stop shop for all those looking for home solutions, be they deep retrofits, to far less obtrusive superficial finishes from furniture to paint shades.
The show has been set out in hubs so that you can find your tribe fast, be it information on the engineering and costs of deep retrofits, to a whole section dedicated to working from home solutions, and another focusing on extending and new build construction projects.
One of the big draws is the show houses, where this year celebrity-favourite Arlene McIntyre of Ventura Design will be showing off her more affordable, funkier littler sister brand V2 Interiors. The large, three-bedroom property will have a city house vibe, she says. It will have a punchy, contemporary feel, a look that pledges sustainability in the use of wood, most notably in the reeded cabinet doors and drawers of the kitchen, a concept supplied by Woodies.
CAD drawing of Arlene McIntyres V2 Interiors.
Arlene McIntyres V2 Interiors dining area and kitchen.
It will have a wall of anthracite grey-coloured units along one wall topped with faux concrete, a laminate finish in a rich dark grey. The layout too will demonstrate the fresh thinking of broken plan living, creating spaces within spaces.
At the DFS interiors inspiration centre, there are room sets designed by different talents from textilist Joanne Mooney, who co-opts the ancient craft of needle punch to bring lots of personality into a space. Her design features cushions and pictures, including a large scale homage to that most reproduced of artists, Frieda Kahlo. She has fun with dcor, as you can see in the shot featuring her shih tzu Rocky.
A more serene element of the furniture firms ideas hub is slumber expert Anne Marie Boyhan of the Sleep Care Company approach to bedroom decoration.
To help you sleep well, she advocates the use of warm coloured, dimmable LED bulbs from Irish company Litt, which start from about 8 per bulb; blue-light filtering glasses, 60, from another Irish brand, Ambr, if you cannot completely kick your screen habit, and a sensory element to help send your body olfactory wind-down signals through the use of essential oils.
DFS Interios designer and sleep expert Anne Marie Boyhan used a colour Dulux Heritage in waxed khacki for this design.
Joanne Mooney and her dog.
Dulux colour consultant Jane Witter.
Her room is washed in soft shades of khaki green from the eucalyptus green of her sleep journal, a bedside notebook she encourages you to use to brain dump before you close your eyes as a sleep aid, to the forest shade of the French Connection Zinc bed, upholstered in a sumptuous velvet.
Paint company Dulux is using the show to launch its new heritage collection of colour and you can see it for real within room sets designed by architect, Susan McGowan. The firms colour consultant Jane Kennefick Witter is one of the notables talks to attend at the theatre.
The fact that not everyone has a sun-filled, south-facing garden is covered in the garden and outside living area by the showhouse landscaping of Ian McGarry of Caragh Nurseries. He makes used of shade-loving ferns, ideal for those with small north-facing exteriors, as well as lush planting for those that have sun worshipping blooms.
The Simmonscourt show will also include its ever-popular Ask an Expert stand where you can sign up for free consultations with architects, designers and landscapers.
If youre in the market for a mortgage, you can get even get your home hunting underway with approval in principal at the Permanent TSB Centre, subject to having all the necessary documentation and meeting the relevant criteria.
Read More | [
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March 15, 2022
/PRNewswire/ -- Candid is expanding its clinical partnerships through an exciting alliance with Sevredent Sourcing Solutions, a dental Group Purchasing Organization (GPO). Sevredent serves over 1,600 dental and orthodontic practices nationwide, with a focus on bringing competitive pricing and innovative supply chain solutions to the fastest-growing segment of the industry: DSOs/DPOs. This key partnership will drastically expand Candid's footprint and offer Sevredent members a convenient clear aligner producthelping them bring high-demand orthodontic treatment to more patients while using less clinical time.
This partnership comes just after Candid's recent announcement that the company will focus exclusively on bringing its CandidPro service to dental and orthodontic practices and away from its direct-to-consumer business. Founded in 2017, Candid champions an approach to clear aligner treatment that requires less chairside time than competitors while producing clinically sound results.
"Partnering with Sevredent is a huge win for both of our organizations," says Candid's CEO and cofounder,
Nick Greenfield
. "We're glad to see major players like Sevredent recognize the value we can bring to their members, and we look forward to doing great things together."
"As part of our ongoing effort to help bring new innovative technologies and supply chain value to our GPO members, we believe Candid will help increase patient access to top-tier orthodontic treatment while equipping our clinical partners with the latest in clear aligner technology," says Sevredent President
Blake Hibray
.
Candid's partnership with a major dental GPO like Sevredent will help them bring their clear aligner products to even more organizations nationwide, significantly expanding their network of clinical partners. For Sevredent, Candid offers its members a future-forward clear aligner solution that minimizes clinical time while keeping patients engaged in treatment.
About Candid
Candid is a clear aligner orthodontic system that makes treatment accessible and affordable for doctors and patients. Since 2020, Candid has brought high-quality clear aligners and patient support to dental practices and dental service organizations across
the United States | [
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3 questions about cannabis cultivation in Michigan
Southwest of Lansing, in Dimondale, about 10,000 marijuana plants are growing in a 25-acre, 57,000-square-foot grow house the largest in the state. Those plants, grown by Green Peak Innovations to supply Michigan's medical marijuana dispensaries, hold a value approaching $4 million.
The success of Green Peak's grow operation and the under-construction 47,000-square-foot Harrison Township operation of Emerald Growth Partners is supported by approximately 75,000 Michigan public employees, indirectly.
The Municipal Employee's Retirement System of Michigan, a statewide public employee retirement pension fund, is an investor in San Diego-based Innovative Industrial Properties. IIP is a publicly traded marijuana-focused real estate investment trust. IIP owns dozens of properties across the U.S., leasing them to marijuana growers and retail operations.
At least 16 public pension funds have invested in REIT through the S&P 600 Smallcap Index, a move local marijuana executives see as providing legitimacy to the fledgling industry.
"We're obviously big believers in marijuana as a product and we subscribe to the thesis that it's a strong investment and the growth opportunity of the future," said JeffRadway, co-founder and CEO of Green Peak. "We think lots of institutional investors are looking at or are already in this space and it will continue to become more interesting for them."
MERS representatives declined to discuss the investment, only pointing out that it did not directly invest in the marijuana industry.
"Innovative Industrial Properties is part of our S&P 600 Index, not an investment of our active portfolio," said Carrie Lombardo, chief strategic and external affairs officer for the pension fund. "MERS does not actively pick stocks for our index funds which are designed to replicate the performance of a broad index."
To that point, MERS also holds about 25,000 shares in Richmond, Va.-based Altria Group Inc., one of the largest producers of tobacco products inc | [
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] |
nxtbar.com
), a leading natural foods company with strong and growing sales, a popular keto-friendly product line, and a large distribution footprint that includes GNC, Walmart.com, Amazon.com, TruNorth (Canada), and an extensive network of more than 2,000 brick-and-mortar locations across the United States.
NxtBar provides an excellent complementary piece to our roll-up puzzle, with a strong product portfolio, a wide distribution footprint, and demonstrable revenue and brand growth momentum already in place, noted Leonard Armenta, President of GenTech & CEO of SINFIT Nutrition.
The Company reported last week that it had signed an exclusive letter of intent to acquire NxtBar. An initial expected closing date of June 25th was set. The Company is pleased to report that this process was completed faster than anticipated, and the acquisition is now closed and final.
As noted in prior Company communications, NxtBar was able to generate substantial YoY revenue growth and activating 2,000+ retailers since its inception despite the challenging retail environment characterizing the past 15 months due to the global pandemic health crisis.
Richard Lindeman, the Founder of NxtBar, stated NxtBar is one of the fastest growing ecommerce and retail CPG brands, and GenTech is the perfect partner to continue widespread distribution of the products and to further accelerate our revenue growth. Since beginning conversations with GenTech several months ago, weve been deeply impressed with their operational capabilities and robust distribution network. The entire NxtBar team is excited to see how they continue to grow the brand.
Armenta added, We gain a revenue-producing brand, substantial ready-to-sell inventory, and an excellent channel through which to interface with an active end-market. That stands to add significant value to our existing brands and as well as brands we are working to acquire in the future.
NxtBar products are low-sugar, low-carb, keto-friendly, paleo-friendly, non-GMO, and gluten-free, containing less than 2g of sugar per serving. The bars come in eight (8) delicious flavors, including Chocolate Peanut Butter, Chocolate Coconut, Cookie Dough, Lemon Pound Cake, Vanilla Almond Butter, Cookies and Cream, Oatmeal Chocolate Chip, and Banana Nut Bread.
About GenTech Holdings, Inc.
GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The Company launched a high-end Coffee Subscription service in early 2020 called Secret Javas and has recently closed on its acquisition of Sinfit Nutrition, which offers a range of high-end Functional Foods.
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multiple system atrophy
(MSA), a form of atypical parkinsonism.
Im pleased to welcome the Brain Neurotherapy Bio team to AskBio, Sheila Mikhail, co-founder and CEO of AskBio, said in a press release
We are grateful for the collaboration weve had with AskBio and are honored to jointly accelerate clinical development of our gene therapy programs that we hope will benefit patients and families, said Krystof Bankiewicz, MD, PhD, founder and CEO of BNB.
The company is now an integrated unit of AskBio, it states on its homepage.
BNBs lead clinical program is based on a small protein known as glial cell line-derived neurotrophic factor, or GDNF. This protein supports the growth, survival, and differentiation of dopaminergic neurons, which are gradually lost to Parkinsons.
The gene therapy uses a disease-modifying adeno-associated virus (AAV2) to deliver the GDNF gene to specific brain areas. In this way, it induces the production and release of the GDNF protein to promote the health and survival of neurons damaged by the disease.
The therapy is administered using intraoperative magnetic resonance imaging (iMRI), which guide its delivery directly to targeted cells of the putamen, the brain structure responsible for movement. iMRI guidance is intended to improve the treatments precision, safety, and effectiveness.
They [BNB] bring two active clinical programs, proprietary delivery technologies and unique clinical expertise in CNS [central nervous system] indications, including the clinical translation and development of neurotrophic factor gene therapy, Mikhail said.
An open-label Phase 1b study (
NCT01621581
), sponsored by a branch of the National Institutes of Health, is evaluating the safety, tolerability, and effectiveness of four escalating doses of AAV2-GDNF in 25 adults with advanced Parkinsons and bradykinesia (slowness or difficulty with movement) at a single site in Maryland.
Patients given a single surgical infusion of the therapy are being followed for five years while undergoing clinical, laboratory, neuropsychological and neuroimaging testing. This trial is expected to conclude in February 2022.
Another Phase 1b trial (
NCT04167540
), sponsored by BNB, is evaluating the safety and effectiveness of the gene therapy in 12 patients, ages 35 to 75, with early to moderate Parkinsons. The first patient was treated in August, and enrollment may still ongoing at clinical sites in California and Ohio. Information is
available here
.
The trial will evaluate the safety and tolerability of a single, bilateral therapy infusion to the putamen, and monitor treatment-related adverse events for five years. Secondary goals include measures of changes in Parkinsons motor and non-motor symptoms and of dopaminergic cell integrity for up to 18 months.
A separate, randomized and placebo-controlled Phase 1 study (
NCT04680065
) in MSA patients who share many symptoms and characteristics with Parkinsons patients is expected to open soon at sites also in California and Ohio; contact and other information is here
This trial, also sponsored by BNB, plans to enroll nine patients, ages 35 to 75, who will be randomly assigned to treatment or placebo surgery.
Researchers will monitor treatment-related adverse events for three years. In the first year, they will also assess MSA symptoms, quality of life, and changes in dopamine transporter binding a protein that works to recycle dopamine.
We look forward to advancing this innovative technology as part of our strategy to broaden gene therapy beyond diseases caused by a single gene to complex pathway disorders, said Kathy High, MD, president of AskBio.
AskBio is a wholly owned, independently operated subsidiary of Bayer
Author Details
Diana holds a PhD in Biomedical Sciences, with specialization in genetics, from Universidade Nova de Lisboa, Portugal. Her work has been focused on enzyme function, human genetics and drug metabolism.
Fact Checked By:
Ana de Barros PhD
Total Posts: 208
Ana holds a PhD in Immunology from the University of Lisbon and worked as a postdoctoral researcher at Instituto de Medicina Molecular (iMM) in Lisbon, Portugal. She graduated with a BSc in Genetics from the University of Newcastle and received a Masters in Biomolecular Archaeology from the University of Manchester, England. After leaving the lab to pursue a career in Science Communication, she served as the Director of Science Communication at iMM.
Diana holds a PhD in Biomedical Sciences, with specialization in genetics, from Universidade Nova de Lisboa, Portugal. Her work has been focused on enzyme function, human genetics and drug metabolism.
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Global Electric Energy Storage Battery Market , Electric Energy Storage Battery Market Size, Electric Energy Storage Battery Marke
The Reportsweb provides you global research analysis on Global Electric Energy Storage Battery Market and forecast to 2026. The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Electric Energy Storage Battery market during the forecast period, i.e., 20212026.
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Major Key players covered in this report: BYD, Kokam, LG Chem, Panasonic, Samsung SDI, Toshiba, NGK, NEC, MHI, Saft
Market segmentation by product type:
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OSAKA, Japan, June 17, 2020 /PRNewswire/ -- Santen Pharmaceutical Co., Ltd. (hereinafter, Santen) and Orbis International today announced a partnership to develop a suite of digital training tools that will continue to help eye care professionals around the world build their skills. Through the three-year, global partnership, Orbis and Santen will create online courses, live surgical demonstrations, and artificial intelligence (AI) focused on glaucoma, a leading cause of avoidable blindness.
The digital tools will be available in Chinese, providing a best-in-class, standardized teaching curriculum in that language. The collaboration will utilize Orbis's award-winning telemedicine platform,
Cybersight
,
which has some 25,000 users across 199 countries. Through this partnership, Santen, a global leader in ophthalmology with a strong focus in glaucoma, can enable access to these distant learning tools for more eye care professionals, especially in remote rural areas. By adding to the growing body of educational resources available in languages beyond English, Santen and Orbis aim to expand the number of eye care professionals who can benefit from the platform.
"Santen values the advancements that can be made through collaboration and digital learning, and especially in times like these, this partnership will be another step forward for better eye care for millions of patients," said Shigeo Taniuchi, President and CEO of Santen. "Digital resources and solutions are critical to ensure doctors can provide optimal care to their patients. This partnership combines Orbis's innovative technology in ophthalmic training and our global industry knowledge to enhance our joint mission of improving eye health for people around the world."
"Technology has opened so many doors in our work to end avoidable blindness. This initial step in the new partnership with Santen is very significant for Orbis because it allows us to further strengthen Cybersight offerings and reach more ophthalmologists in more countries," said Dr. Danny Haddad, Chief of Programs at Orbis International. "As we increase eye care professionals' access to training in their local language, we are ensuring that more patients get the quality care they deserve."
This partnership will bring together two global leaders in eye health and ensure that eye care professionals and their patients will continue to benefit from the latest knowledge and technology. Virtual solutions that allow for distance learning and connection have never been more important. Amid the current public health situation with the COVID-19 pandemic, record-breaking numbers of eye care professionals have registered for Cybersight and taken advantage of the platform's learning opportunities.
About Santen
As a specialized company dedicated to ophthalmology, Santen carries out research, development, marketing, and sales of pharmaceuticals, over-the-counter products, and medical devices. Santen is the market leader for prescription ophthalmic pharmaceuticals in Japan and its products now reach patients in over 60 countries. With scientific knowledge and organizational capabilities nurtured over a nearly 130-year history, Santen provides products and services to contribute to the well-being of patients, their loved ones and consequently to society. For more information, please visit Santen's website ( | [
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Share on Stocktwits
Bri-Chem Corp. (TSE:BRY)s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.18 and traded as high as C$0.24. Bri-Chem shares last traded at C$0.24, with a volume of 13,000 shares changing hands.
The company has a quick ratio of 0.82, a current ratio of 1.54 and a debt-to-equity ratio of 170.99. The company has a market capitalization of C$7.18 million and a PE ratio of -6.04. The stocks fifty day simple moving average is C$0.19 and its 200-day simple moving average is C$0.18.
Get
Bri-Chem
alerts:
Bri-Chem (TSE:BRY) last released its quarterly earnings results on Monday, November 15th. The company reported C$0.01 EPS for the quarter. The business had revenue of C$16.46 million during the quarter. Analysts expect that Bri-Chem Corp. will post -0.07 EPS for the current year.
About Bri-Chem (
TSE:BRY
)
Bri-Chem Corp. engages in the wholesale distribution, blending, and package of oilfield chemicals to the oil and gas industry in North America. The company supplies, blends, and packages drilling fluid products in various weights and clays, lost circulation materials, chemicals, and oil mud products.
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Succession will continue to be on the minds of a lot of businesses owners in 2022 and is presenting companies like Central McGowan with growth opportunities. After three acquisitions in 2021, Central McGowan President/CEO Joe Francis is not ruling out more this year.
Source: Central McGowan
Cobot welding package
Were growth minded and opportunistic, and I believe there will be more acquisitions down the road, its just a matter of when and what market, what type of business, Francis told gasworld.
While we dont set particular metrics or have a specific acquisition strategy, we continually seek out opportunities as its certainly in our DNA. We have a comprehensive process for vetting them out.
The market around us is fairly stable. There are not a lot of small independents left from a welding supply standpoint, but you never know if you continue to expand geographically what might be out there. And we have three business units: distribution, automation and CO2 solution, so the net we cast is pretty broad. We are looking at investing back into the business with physical assets and people.
The Minnesota-based distributor completed its third acquisition of 2021 in November with Preferred Welder Sales in Mankato, Minnesota, following deals for Metro Welding Supply in Minneapolis, Minnesota, in April and Fessler Carbonic Gas in Des Moines, Iowa, in March.
Central McGowan also expanded its carbon dioxide (CO
2
) business with the acquisition of St. Paul, Minnesota-based Jasons Beverage Carbonation Company in 2019. It now has seven locations, spread across Minnesota and areas of North Dakota, South Dakota, Iowa and Wisconsin. ColdZERO Central McGowans own brand of dry ice is manufactured fresh daily at its St. Cloud and St. Paul locations.
Preferred Welder Sales provided access to a new customer base for us and allowed us to expand into southern Minnesota, Francis said.
It jump starts our potential in southern Minnesota. Metro was also a new customer base and both fit us well culturally. We were able to expand our Twin Cities market and it expanded our capability to include welding and automation after the Jasons acquisition for theCO
2
market in 2019. Fessler Carbonic is different than the other two their whole business revolves around beverage carbonation and supporting customers needing CO
2
.
Weve gotten pretty good at operating a beverage carbonation business. We have a pretty good recipe in making those type of businesses a success.
With headquarters in St. Cloud, Minnesota, Central McGowan is a diversified independent distributor of industrial, medical and food and beverage gases; welding equipment/technology and supplies; and dry ice. This year, Central McGowan celebrates 75 years in business and Francis is the third generation from his family to lead the company which has been expanding.
And these are exciting times for the company with the acquisitions.
Preferred Welder Sales has served the Mankato area and southern Minnesota since 1987, specializing in the farm and auto industries as well as servicing and repairing most brands of welding and cutting equipment. Fessler Carbonic Gas - founded in 1940 - is a beverage carbonation business with customers all over Iowa.
Fessler delivers high-pressure cylinders of carbonic and nitrogen gases and beverage gas equipment; does on-site refills ofCO
2
via bulk tankers; and installs and maintains beverage equipment for restaurants, bars, convenience stores, stadiums, microbreweries and more. The acquisition more than doubled Central McGowans beverage carbonation business, and built upon the 2019 acquisition of St. Paul, Minnesota-based Jasons Beverage Carbonation Company which has been rebranded as Central McGowan CO
2
Solutions.
Metro Welding Supply is a bustling welding distribution store that has served the Minneapolis area since 1985.
Francis says all three acquisitions became available due to succession.
All three of the acquisitions in 2021 related to succession planning. Each of the owners had no internal successor and were looking at retirement, Francis said.
Succession is relevant to a lot of independent distributors this year and Meritus Gas Partnerships established a little over a year ago has signed up five distributors to its platform with the aim being to establish a national federation of independent distributors of industrial, medical and specialty gases and associated welding and safety supplies.
Source: Central McGowan
Francis believes there will be more acquisitions related to succession this year across the industry.
I do think there will be more acquisitions in the industry this year, Francis said.
I think Meritus has a unique strategy, I know the folks there, and I wish them success. Succession challenges are certainly out there, I dont know whether I would call it one of the biggest issues for distributors right now. However, the pandemic coupled with the unknowns of whats coming from a tax implication standpoint, have people more actively looking at what their options are. If they dont have an internal successor, its likely that they are looking at being able to be acquired by somebody.
We [Central McGowan] got lucky, we went through a succession planning process, ownership and management, ten years ago. Im third generation, and what I learned is that the commitment and support of the second generation is vital to ensure the transition to third generation is successful. Theres no way we could have done what we did without that support. People are starting to realize that succession is a big challenge and trying to figure out their plans.
Francis says another big challenge the industry will face in 2022 is the labor market, including recruitment, retention and training.
While the lack of drivers often gets the spotlight, the tight job market is much broader than that, Francis said.
You also have supply chain disruption. We try to buy a lot of our products locally but we are not immune to supply chain issues.
Source: Central McGowan
CO
2
availability caused problems for some in certain regions over the summer months especially last year. Central McGowan expanded its Fargo, North DakotaCO
2
distribution hub to be a fully-stocked retail store and distribution site in October 2020 and has managed to keep its customers stocked withCO
2
In the Midwest we have a big supply ofCO
2
with the ethanol plants so we are a little bit safer from a total supply point but it does ebb and flow and it has fluctuated in the past, Francis said.
But it has been challenging. What we have managed to do is invest heavily in our bulk fleet, so we pick upCO
2
ourselves. Weve balanced out where we pick up product and invested in increasing our storage capacity across a few different locations.
When things got tight over the summer, thats when we got an influx of spot buying calls which we turned away. We need to make sure our current customers dont run out, so we havent taken on some of that new busines | [
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General views of the Mayo Clinic Sports Medicine building on September 05, 2020 in Minneapolis,
... [+]
Minnesota. (Photo by AaronP/Bauer-Griffin/GC Images)
GC Images
Baxter International, Cardinal Health and Global Medical Response are leading a $110 million investment into thetechnology
company Medically to advance a new healthcare delivery model that delivers advanced care typically available inside a hospital into patient homes.
Baxter, a large maker of medical treatments and medication delivery devices, Cardinal, a global distributor of health products, and Global Medical, a provider of mobile healthcare, are the latest to invest in Medically Home. The three will get seats on Medically Homes board and join the Mayo Clinic and Kaiser Permanente, which invested in this round and previously invested $100 million into Medically Home.
The investments help support a growing need for flexible hospital capacity, evolving patient preferences and continued shift toward hospital care at home as hospital capacity pressures mount, particularly during the Covid-19 pandemic, the companies said Monday ahead of the J.P. Morgan Healthcare Conference.
Mayo and Kaiser, which also invested an undisclosed share of the latest investment, have already providing the medical care or directing those that do provide the treatment for high acuity patients while Boston-based Medically Home has been providing technology infrastructure.
The investments come as medical care providers escalate their efforts to use the latest technology to center treatment around the patient, making sure healthcare is delivered in the right place, at the right time and in the right amount. These approaches to bring care typically available in hospital settings to provide more healthcare into patient homes took on greater meaning during the Covid-19 pandemic as cases of the virus surge and patients look for new safe and effective ways to get home-based care during the pandemic.
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Jeff Storey
, president and CEO of Lumen, shared that Stansbury will help to expand the companys revenue and drive growth after the company has recently closed two noteworthy divestitures.
It is a natural time for us to find the leader best positioned to achieve our goals. Chris leadership and financial acumen bring a unique skill set to our company as we scale the Lumen Platform and our Quantum Fiber build, both critical drivers of our return to growth, Storey added.
At Lumen, Stansbury will leverage over three decades of experience in senior-level finance roles at large corporations. He spent nearly 20 years of this time working for beverage companies, with almost six years at Seagram, where his time culminated as sales finance director of Tropicana products.
Stansbury then worked at PepsiCo and subsequently transitioned to the IT industry with four years at Hewlett Packard. In the latter organization, he rose the ranks from vice president of finance in the PSG finance worldwide operations division to CFO of the companys global networking business. He was in charge of the branchs planning, forecasting and reporting, as well as a participant in investment strategy.
Prior to coming to Lumen, Stansbury was senior vice president and chief financial officer of Arrow Electronics, a company focused on emerging technologies and design engineering, among other services.
This is an important time in Lumens transformation, and I look forward to continue building on the great work the team has underway, remarked Stansbury. Lumen has a strong financial foundation and significant opportunities for value creation.
Stansbury succeeds Neel Dev in the new position.
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Jordyn Woods Shows Off New Porsche Christmas Gift in Festive Pajamas & Gold Metallic Uggs
To further amplify its initiative, the global lifestyle brandwill continue its ongoing FEEL YOU Features series and will highlight New York-based designer and embroiderer Shakira Javonni, who was commissioned to create a special patch of Martin Luther King Jr. Javonni specializes in chainstitch embroidery and creating one of one sustainable garments. Most of her inspiration comes from Black culture and historical Black figuresand artists.
Shakira Javonni specializes in chainstitch embroidery and creates unique sustainable garments. She pulls inspiration from Historical Black figures and artists. - Credit: UGG
UGG
Her goal is to create pieces that will last a lifetime and be passed down from generation to generation along with a story to tell. Ugg will also donate $10,000 to Javonnis charity of choice,
Sad Girls Club
a nonprofit organization founded to create community and diminish stigma around mental health, an issue also important to Ugg, that strives to support women of color and the millennial and Gen-Z population.
From Jan. 14-18, Ugg and parent company Deckers Brand will revive its company-wide volunteer-focused program Art of Kindness to honor Martin Luther King Jr. Day of Service. In observation of the holiday, Deckers Brands employees will have the day off for the opportunity to volunteer at organizations engaged in community-building. Ugg will also encourage its 4.8 million social media followers to sign up for local volunteer opportunities through | [
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Sino Biological Inc.
Mar 24 2022
Beijing, China March 22, 2022 Sino Biological, Inc. (Sino Biological or the Company), a biotechnology company listed on the Shenzhen stock exchange subsidiary ChiNext (SZSE: 301047), which provides biological research reagents and related technical contract research services, is pleased to announce a CRO services partnership with Ainnocence, Inc. of San Jose, California.
Image credit: Sino Biological
Under the terms of this partnership, Sino Biological will add Ainnocences cutting-edge artificial intelligence-based prediction technology to its current antibody development CRO services offering. The AI-based platform enables fast, efficient, and accurate prediction of antibody-
antigen
interaction, including binding affinity assessment. This empowers Ainnocence, using computer-based algorithms, to accurately design antibodies to be developed and manufactured by Sino Biological for clients worldwide. Financial terms were not disclosed.
Dr. Rob Burgess, Sino Biologicals Chief Business Officer, stated The addition of Ainnocences AI-based antibody-antigen binding prediction technology will enable Sino Biological to further enhance its antibody development CRO services offering, thus saving customers precious development time and ensuring antibody-antigen binding affinities that meet their strict demands. We look forward to working with the Ainnocence team to offer next-generation antibody design and development services.
Im confident that our partnership with Sino Biological will catalyze Ainnocences Biologics AI design applications in the biotech industry, and ultimately accelerate clinical translation of cutting-edge medical technologies. stated Dr. Lurong Pan, Ainnocence CEO.
About Sino Biological:
Sino Biological Announces Successful Closing of 4.98 Billion RMB Public Offering and Listing on the Shenzhen ChiNext Stock Exchange
Video credit: Sino Biological
Sino Biological is an international reagent supplier and service provider. The company specializes in recombinant protein production and antibody development. All of Sino Biological's products are independently developed and produced, including recombinant proteins, antibodies and cDNA clones. Sino Biological is the researchers' one-stop technical services shop for the advanced technology platforms they need to make advancements. In addition, Sino Biological offer pharmaceutical companies and biotechnology firms pre-clinical production technology services for hundreds of monoclonal antibody drug candidates.
About Ainnocence
Ainnocence is a next-generation biotech company with a fast, self-evolving AI drug design platform. The companys third-generation AI system delivers lightening-fast virtual screening and multi-objective pharmacological profile optimization for small molecule, antibody and other complex therapeutic modalities. This platform provides a computational screening capacity of up to 10^10 protein sequences or chemical compounds within hours. The end results are a short list of candidates with very high wet lab hit rate, and a dramatically reduced discovery time and cost.
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New York-based Echo3Draised $4 million for use in cloud authoring of virtual reality, augmented reality, and 3D content for various applications.
Echo3D which was previously known as EchoAR wants to change how 3D, VR and AR content is streamed and stored. The company aims to reduce file sizes as well as development times for 3D objects that are used on apps and websites.
Echo3D demo
The funding round was led by Konvoy Ventures. Also participating were Space Capital, Reimagine Ventures as well as the angel investors GitHub, Datadog, and Facebook. The announcement has come following Echo3Ds latest milestone of hitting registrations of 11,000 developer users worldwide since 2020.
Echo3D was founded in March 2018 and provides tools and infrastructure that assist developers in creating lighter and faster 3D games and apps. It is a cross-platform solution for storing, managing and streaming 3D content to browsers, mobile devices, game engineers as well as smart camera devices at any place while also connecting all of these and extracting analytics.
Echo3D had about 300 developers before the pandemic but its developer base grew rapidly once the platform took hold and many companies wanted to use it to build solutions with 3D assets.
The Echo3D technology can also be used for converting, compressing, and optimizing 3D models, interactive content and animations and streaming these to any headset, smartphone or browser. Developers have used Echo3D to build AR advertisement campaigns, cloud-connected games as well as NFT marketplaces.
According to Echo3D cofounder Alon Grinshpoon, the backend infrastructure its product provides is crucial to the further growth of VR, AR, 3D and even metaverse, a universe of interconnected virtual worlds.
He describes Echo3D as a cloud platform for 3D applications which provides the tools and the network infrastructure that companies and developers need to build games, VR experiences, gear as well as 3D applications in general. Echo3D enables developers to store their animations, 3D model as well as interactive content which can subsequently be streamed to headsets, mobile devices and game engines as well as to browsers throughout the world.
An architectural firm could, for instance, use the Echo3D platform for its AR models by uploading assets to the platforms for items such as the 3D models of buildings and it becomes a small file that can be easily streamed via an iOS device.
How Echo3D Works
Grinshpoon says his vision is for Echo3D to become like an Amazon Web Services for 3d or a go-to solution for 3d applications.
The company plans to use the new infusion of cash to increase its developer relations efforts as well as to grow its team of developers and marketers. Recently, Echo3D was named a Verified Solutions Partner for the Unity game engine by Unity which should make it easier for developers to utilize its 3D-first content management system (CMS) as well as the delivery network (CDN) which enable developers to build their app backend in a matter of minutes and also enables clients to more easily publish content to 3D apps and games without needing the assistance of development teams.
Echo3D was founded by Alan Grinshpoon, Koren Grinshpoon (his twin brother), and Ben Pedazur.
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Talk through your thought process. Theres nothing more frustrating than receiving feedback and not understanding how that person got there. Its why when Im giving feedback on a document, I have it up between us. Im directly showing the person where Im looking, and Im saying: I thought this, I got confused by this, I didnt understand here
As a part of our series about How To Give Honest Feedback without Being Hurtful, I had the pleasure of interviewing Emily Perkins.
Emily is the Chief Brand Officer at
Epro
and bestselling author. A storyteller almost from birth, Emily has worked with some of the worlds largest tech companies, including Samsung, Beats, B&O Play, and many more. She leads Marketing and Branding at Epro, a clinically-led digital solution for healthcare professionals and organizations.
Thank you so much for joining us! Our readers would love to get to know you a bit better. Can you tell us a bit about your backstory and how you got started?
Hello! Im a writer and brand expert from the UK, and Ive loved telling stories from since before I can remember. No, really: my Mum found her diary from when I was about three years old recently, and sent me a photo of one of the entries, in which I demanded she make me a book which I then proudly wrote in and presented to my parents later that day.
My dual loves of language and people make storytelling an obvious fit for me. I love the way words can concoct plots, reimagine worlds, bring lovers together and either lead us towards or save us from wars. And I love people! Im a natural extrovert and have never met a person I didnt find genuinely fascinating.
We as humans are just products of our stories: the tales we tell ourselves, the truths others tell us, the lies we tell which shape our stories. What I love to do is capture those stories, whether that be at work, when I share how healthcare technology is advancing, or as an author when I delve into the past and try to tell completely different stories.
I have pursued writing and storytelling as a career while I was still studying at university, and in Jane Austens words, have lived by my pen ever since.
What do you think makes your company stand out? Can you share a story?
Bizarrely, I think one of the things that makes Epro stand out is that we dont shout about ourselves that often! We have a company culture of doing our best because of personal integrity and passion, so much of the outstanding work we deliver to our NHS Trusts goes by unnoticed. Like most software as a service, its only when things go wrong that anyone notices!
Here at Epro, we empower NHS Trusts to transform their systems. Our digital healthcare transformation services run right to the root of what clinicians and patients want: a smoother and paperlite experience so that the focus can be on the patient, rather than the paperwork.
Can you share the most interesting story that happened to you since you started your career?
Ohh, thats a hard one! I dont really have a specific story for this one, its more that I have been fortunate enough to work with some real giants in the tech space Sony, Beats, Samsung as well as some of the challenger innovators deep tech such as AI, cloud, robotics, 5G. I never thought I would have a behind the scenes view of these sorts of advancements, and Ive learned a huge amount from the people who are creating the future well all be living in.
Can you share a story about the funniest mistake you made when you were first starting? Can you tell us what lesson you learned from that?
I think probably the most dramatic thing that has happened was when I was working on the agency side, on an account that had an amazing story about death and AI chatbots. Backed up by a YouGov survey, a great report, and some hard-hitting facts, this was the perfect story to land on the BBC, the Guardian you name it, we had it targeted. It was a six-week campaign before launch, and I was so excited.
Just hours after sending out the press release, Prince Harry and his wife, Meghan, announced that they were expecting a baby.
Our story got completely swallowed, and that was the end of six weeks of work. At the time it was devastating, but looking back, Im able to laugh. Gazumped by a baby!
What advice would you give to other CEOs and business leaders to help their employees to thrive and avoid burnout?
Burnout isnt a sickness, its a symptom. Its the last resort at the end of a very long journey. If your team is getting burned out, then what signals have you missed along the way?
Ill get that done, even if I stay late.
No matter what happens, that report will be on your desk.
Yeah, I havent taken a lunch break in weeks!
These are warning signs, and if youre missing them, then youre missing out on opportunities to put the brakes on that burnout and slow things down. Even if your employees arent doing it consciously, they are trying to tell you that things arent right.
How do you define Leadership? Can you explain what you mean or give an example?
A leader is someone whose goal is to empower others. The very worst leaders are people who cant delegate, cant lift others up, cant praise someone for their work. Everything has to be about them, the spotlight can never leave them. No one wants to work around someone like that for long, and they certainly dont inspire.
In my work, I often talk about how to release and relieve stress. As a busy leader, what do you do to prepare your mind and body before a stressful or high stakes meeting, talk, or decision? Can you share a story or some examples?
If Im stressed about the outcomes of a meeting, talk, or decision, I used to do something that is probably quite counter-intuitive: I considered the worst-case scenario! What is the worst that can happen from this? Usually, that immediately puts things into perspective. I lose face, I get laughed at, I feel embarrassed.
Now, I have never worked in sales, Im not a rocket scientist, Im not a brain surgeon. Not everyone can use that tactic! But one of my old bosses always used to say something if we had a bad day, and its always stuck with me.
Yeah, its been tough. But no one died today.
That approach has always grounded me, and at Epro, that has been completely turned on its head. Yeah, if I tweet something with a spelling mistake, no one is going to die. But if we as Epro, as a whole unit, dont do our jobs, people could die. And that makes that preparation has now been absolutely key. If I dont turn up to a meeting with an agenda, a few notes about my views on each agenda item, notes on things I want to ensure I get across, and a glass of water by my laptop, then Im not ready for that meeting.
Ok, lets jump to the core of our interview. Can you briefly tell our readers about your experience with managing a team and giving feedback?
I moved into leadership early. After freelancing and consulting for a few years, I joined a consumer tech firm as a copywriter and created the role of Senior | [
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Intel and AT&T team on RAN pooling
AT&T and Microsoft develop next-gen private networking
Rakuten and Qualcomm team on 5G Massive MIMO radios
Major RAN and private network news from AT&T and a 5G massive MIMO team-up between Qualcomm and Rakuten Mobile/Symphony lead the way in this pre-MWC22 news roundup.
AT&T has been busy It has been working with Intel on the challenge
of elasticity in the RAN with the target of freeing 5G radios from the limitations of dedicated base stations, and together they have developed new cutting edge technology - we call it Advanced DU [distributed unit] pooling and its designed to deliver unprecedented levels of elasticity in the RAN. It will eventually be usable by the entire 5G operator community to drive the telecom industrys goals of green and efficient wireless networks forward, notes the operator in this announcement
Meanwhile, AT&T has been working with Microsoft Azure on a service called AT&T Private 5G Edge that allows users to r
oam beyond the geographical boundaries of the AT&T private network and still stay connected through the AT&T public network. The service, still under development, is using Azure private MEC [edge computing] to help deploy these private wireless networks rapidly across radio spectrums, including CBRS, notes AT&T, which is working on use cases with enterprises from multiple verticals. Read more
Rakuten Mobile and Qualcomm Technologies are to jointly to develop a next-generation 5G Radio Unit (RU) with Massive MIMO capabilities and distributed units (DUs) that will then be taken to the global market by Rakuten Symphony as part of its recently-announced Symworld portfolio of Open RAN products
"Rakuten Symphony is passionately committed to enabling the transformation of mobile networks for the digital-centric future and we are honored to have our groups opportunity to collaborate with global technology leaders such as Qualcomm Technologies to achieve this goal," said Tareq Amin, chief executive officer, Rakuten Symphony, Inc. "The new RUs and DUs developed with the support of Qualcomm Technologies aim to offer mobile operators and other organizations a dynamic and cost-effective way to deploy high-performance, virtualized 5G networks through the adoption of O-RAN-compliant software and infrastructure." Read more
As tensions between
BBC News
and many other international media reporting of Russian military operations on its southern neighbouring country from early morning today, semiconductor companies said they expect limited disruption in the supply chain for now, Reuters reported The chipmakers are apparently not too concerned as they had diversified supply chains and built up raw material reserves. Others are reportedly exploring ways to use alternative sources for chip materials. However, some industry experts point to a longer-term impact from the conflict. Citing market research company Techcet, Reuters said that Ukraine supplies more than 90% of the US's supplies of neon needed for lasers used in producing chips, while 35% of the palladium, used in sensors and memory, in the US comes from Russia. The two materials are said to already be in short supply and further tension between the two nations could lead to higher chip prices, according to an anonymous source from the Japanese chip sector, cited by the news agency.
.
Amrica Mvil
has reportedly launched 5G services in 18 cities across its home market of Mexico. Local media Mexico News Daily said the largest operator in the country intends to cover a total of 120 cities by the year-end with the technology. For the purpose, it plans to set aside $1.8 billion in a move that is tipped to be the biggest rollout of 5G in Mexico by far. There are already 1 million 5G-compatible handsets in the nation, according to company executives cited by the media outlet. Its CEO, Daniel Hajj Aboumrad, reportedly noted that Mexicans were now spending more money on advanced phones as they have become more affordable in comparison with pricing of devices when 4G and 4.5G services were launched. | [
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Technology reporter , Albuquerque Business First
Jan 26, 2021
Several technology companies in New Mexico will receive grants from the state, the Economic Development Department announced Jan. 13.
BennuBio of Albuquerque is one of three firms that were each selected to receive $100,000 New Mexico Small Business Innovation Research grants, which provide companies with additional resources to commercialize technology developed using federal SBIR funding. The program received seven applicants, which were reviewed by the state's Technology Research Collaborative Board, according to a release from the state.
The SBIR matching grant from the State of New Mexico will be instrumental in developing both the marketing and manufacturing capabilities necessary to bring our products to the worldwide market. It is extremely beneficial that the state has such a program for small companies like ours," said BennuBio CEO Steve Gravesin a statement.
The company's instruments reportedly use flow cytometry a technology that is used to analyze cells or particles as they flow in a solution past lasers to analyze samples regardless of particle size or sample volume.
Mesa Photonics in Santa Fe will also receive a grant, the state's release says. The company develops and manufactures laser pulse measurement systems. NMSBIR funding will be used to build a sensor for natural gas leaks, according to the state.
Also selected for the program was UbiQD, an advanced materials firm, according to the state's release. The Los Alamos company recently announced $4.5 million in new investment The firm says its first commercial product, a material called UbiGro, can help plants use sunlight more effectively. The product increased crop yield by 10% to 20% when used by pilot customers and technology institutes, according to a December release from the company.
The three awarded companies are prime examples of innovations, born right here in New Mexico, that started from a patent, developed a product, and are well on their way to commercializing their technology, said Myrriah Tomar director of the state's Office of Science and Technology, in a statement.
By | [
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Trip Riggs is the new chief financial officer for Balfour Senior Living LLC. (BizWest/Courtesy photo)
By Ken Amundson|
September 15, 2020 at 5:41 p.m.
| UPDATED:
September 15, 2020 at 5:52 p.m.
Balfour Senior Living LLC has hired Trip Riggs to be the companys new chief financial officer.
Riggs joins the company from Vail Resorts Lodging Co. where he worked with Vail Resorts Hospitality and Vail Resorts Real Estate.
Riggs said he sees senior living as a natural extension of the hospitality and service industry.
I believe the senior living industry is embracing innovation right now, and I am looking forward to leveraging my experience to elevate the Balfour experience in all of our communities, Riggs said in a written statement.
Riggs graduated from Cornell Universitys School of Hotel Administration where he focused in real estate development, finance and accounting.
2020 BizWest Media LLC | [
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The firms predict a resurgence in demand for assisted living and memory care facilities after the sharp occupancy declines of last year.
Aegis Living Dana Point.
Image courtesy of Aegis Living
Aegis Living and Blue Moon Capital Partners LP have teamed up to acquire a more than $350 million portfolio of 10 senior living communities across three Western states, marking a major vote of confidence in a market shaken by the coronavirus crisis.
Spread across California, Nevada and Washington, the 702-unit portfolio comprises assisted living and memory care apartments, all of them located in urban markets, including San Francisco, Las Vegas and the Seattle metro area. Aegis Living previously operated the facilities under a lease.
Following the transaction, the national assisted living and memory operator now has ownership in more than 70 percent of its 32 communities. The deal builds on an existing relationship between Aegis Living and senior housing investment specialist Blue Moon, which struck a joint venture in 2018 to acquire three Class A communities in California and Washington totaling 253 units.
Resurgence expected
This second JV comes after sharp declines in senior housing occupancy stemming from the public health emergency that has gripped the U.S. since last March. Occupancy of the property type fell to a historic low of 80.7 percent in the fourth quarter of 2020, according to data from the National Investment Center for Seniors Housing & Care (NIC).
Aegis Living Kirkland.
Image courtesy of Aegis Living
In a statement on the deal, Aegis Living and Blue Moon acknowledged the disproportionate impact of the pandemic on senior housing communities nationwide but predicted a resurgence in demand for high-quality assisted living and memory care options. Dwayne Clark, Aegis Living founder, CEO and chairman, noted in the statement that the company plans to double in size by 2030.
The 10 properties that changed hands are all located in markets with high barriers to entry, favorable demographics and limited supply, the companies said, and include the following:
Aegis Living Callahan House (Shoreline, Wash.)
Aegis Living Shoreline (Shoreline, Wash.)
Aegis Living Kirkland (Kirkland, Wash.)
Aegis Living Las Vegas (Las Vegas)
Aegis Living Dana Point (Dana Point, Calif.)
Aegis Gardens Fremont (Fremont, Calif.)
Aegis Living Granada Hills (Granada Hills, Calif.)
Aegis Living San Francisco (San Francisco, Calif.)
Aegis Living Pleasant Hill (Pleasant Hill, Calif.)
Aegis Living Ventura (Ventura, Calif.)
Aegis Living has eight further communities in development, including three that are slated to open their doors this year in Bellevue, Wash.; Kirkland; and Seattles Eastlake neighborhood. The latter community, Aegis Lake Union, is a sustainable, 79-unit facility that broke ground in late 2019 and is now scheduled for completion in the fall or winter of 2021.
One in every five Americans are projected to be of retirement age in less than a decade, according to Census Bureau data. Despite the turbulence of the past 10 months, many in the industry predict that the demographic trends will drive robust demand for high-quality and affordable senior housing in the future. | [
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We look at an in-depth screener app for COVID-19, U.S. stocks take another tumble and Apple extends its free trial for Final Cut Pro and Logic Pro. Heres your Daily Crunch for March 27, 2020.
Stay safe and socially distanced this weekend!
1.
Clearsteps COVID-19 chat-based screener goes in-depth to preserve healthcare resources
There are a growing number of symptom checker and screening tools that you can use at home if you suspect you might have contracted the new coronavirus that is causing the global COVID-19 pandemic. Most of these are relatively simple, including three or four questions that cover the top reported symptoms experienced by anyone who has confirmed to have had the disease.
In contrast, chatbot-based symptom checking software startup
has created its own COVID-19 screener, which goes more in-depth to combine symptom checking with screening for potential exposure to the virus.
2.
The major American stock market indices are down sharply this morning at the open, with stocks falling after a multi-day rally helped shave some losses off their calendar-year results.
3.
Apple extends free trials for its pro creative apps
Apple announced today that they are temporarily extending the free trials on Final Cut Pro X and Logic Pro X from 30 days to 90 days, giving potential customers stuck at home a longer window of time to try out the software. With this announcement, Apple joins a number of other software companies extending the free trials of their products in the midst of the COVID-19 crisis.
4.
Yelp pauses GoFundMe Covid-19 fundraising after opt-out outcry
A fundraising program that Yelp and GoFundMe put in place this week to help local businesses impacted by the COVID-19 pandemic has been paused after public outcry over how it was rolled out specifically, controversy over how the two provided no easy and quick way to opt out of the fundraising.
5.
Smart telescope startups vie to fix astronomys satellite challenge
The stakes involved are high, with projects like Starlink (the satellite branch of SpaceX) potentially being central to the future of global internet coverage, especially as new infrastructure implements 5G and edge computing. At the same time, satellite clusters whether from Starlink or national militaries could threaten the foundations of astronomical research. (Extra Crunch membership required.)
6.
Notarize to add 1,000 online notaries to address demand for remote transactions
The startup is partnering with the National Notary Association to verify notaries have been screened and have the necessary insurance or bonding. The service is available to Americans in all 50 states or abroad, but notaries must be physically located in Florida, Nevada, Texas or Virginia to join the platform.
7.
Social Bluebook was hacked, exposing 217,000 influencers accounts
Social Bluebook, a Los Angeles-based company, allows advertisers to pay social media influencers for posts that promote their products and services. The company claims it has some 300,000 influencers on its books, but in October 2019, its entire backend database was stolen in a data breach.
The Daily Crunch is TechCrunchs roundup of our biggest and most important stories. If youd like to get this delivered to your inbox every day at around 9am Pacific, you can | [
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Axios
). Microsoft's 2021 fiscal year ended on June 30, 2021.
While Microsoft's Xbox Game Pass grew by 37.47% between mid-2020 and mid-2021, that growth rate falls significantly below the same metric between mid-2019 and mid-2020. Xbox Game Pass grew by 85.75% in FY2020. That difference is due in part to Xbox Game Pass being newer in the 2020 fiscal year, as reflected by Microsoft's lower FY21 target of 47.79%.
The growth rate of Xbox Game Pass subscribers is one of the only concrete metrics that Microsoft shares about its game subscription service. The last time Microsoft confirmed the total number of Xbox Game Pass subscriberswas back in January 2021 (18 million).
The growth of Xbox Game Pass subscribers is one of the performance goals for top executives at Microsoft. If the company hits these targets over a three-year period, the executives receive additional stock.
Microsoft has added a steady stream of gamesto Xbox Game Pass since its launch, but many original titles are still on the horizon. Microsoft's game studio acquisitions will take time to bear fruit, which may bolster Xbox Game Pass' subscriber count.
Xbox Game Pass Ultimate
Xbox Game Pass is a Netflix-like subscription service from Microsoft. Xbox Game Pass Ultimate provides access to games on PCs, consoles, and mobile devices. It also includes Xbox Live Gold.
We may earn a commission for purchases using our links. Learn more
Big Boi
These are the absolute BEST Dell XPS 15 Black Friday deals you'll find
The Dell XPS 15 is a heck of a laptop, but it can be a little pricey. Fortunately, Black Friday is the perfect time to save some serious change on one. Here are all of the best Black Friday deals you'll find on the Dell XPS 15.
Mid-Gen Glow Up
There's a lot to love about the new Surface pro 7 Plus, but you might be wondering if it's worth an upgrade over the standard Pro 7. We break things down to help you decide.
Accessorize
Cyber Monday is the perfect time to snag some accessories for your gaming PC. Whether you need a mouse, keyboard, headset, or streaming hardware, there are great deals to check out.
Ultimate control
Forza Horizon 5 features extensive and improved support for simulation steering wheels. To get the most out of this open-world racing game, consider one of the best racing steering wheels available for Forza Horizon 5.
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The latest dental-imaging techniques improve the visibility of cracks and cavities in teeth.
Credit: Westend/Getty
One day soon, a person might be able to find cavities long before they appear on a dental X-ray, and early enough that the decay can be stopped in its tracks. All it would take is an instrument similar to an electric toothbrush that is fitted with a camera and an LED instead of a brush. You would rinse with a special mouthwash, run the instrument over your teeth, then look at your smartphone to see which areas show signs of acid eating away at the tooth enamel.
Share the images with your dentist, and she or he could prescribe a highly concentrated fluoride solution to be carefully applied to the danger spots. Then you would check again a few weeks later to see whether the area had remineralized, and adjust the treatment if necessary.
That is the vision of Eric Seibel, director of the University of Washingtons Human Photonics Laboratory in Seattle. He has filed a patent on this technique and is trying to find a medical-device company interested in building such an instrument.
Part of Nature Outlook: Oral health
Seibel is one of several researchers developing optical-imaging techniques for dentistry, using light instead of X-rays to examine peoples teeth for cavities and cracks. Light in the near-infrared spectrum can penetrate the outer enamel layer, the underlying dentin, the pulp at the centre and even the gum tissue.
Part of the motivation is to reduce patients exposure to ionizing radiation, even though the risk from dental X-rays is extremely low. The UK National Health Service says that the lifetime increase in risk of a fatal cancer from each standard dental X-ray is one in a few million. However, for children, alternatives to X-rays would be especially welcome, both because the radiation dose is larger relative to their body size and because childrens teeth change rapidly enough that more-frequent imaging could be useful. Dentists and dental assistants, who might be near X-rays on a daily basis and thus face a higher risk of exposure than most people, could also benefit.
But the main reason for the interest in optical imaging is that it can visualize problems that X-rays cant. The problem with an X-ray isnt just that it uses ionizing radiation its also not very sensitive for certain types of lesion, says Daniel Fried, a researcher in the School of Dentistry at the University of California, San Francisco. Alternative techniques could enable dentists to spot cracks and the beginnings of cavities that are too small to show up on X-rays.
Early warnings
Teeth are well suited to optical imaging because of their make-up, says John Girkin, a physicist who directs the Biophysical Sciences Institute at Durham University, UK. The enamel is basically an optical fibre, so it guides light down it, he says. What happens in early disease is, this optical fibre gets damaged, and instead of the light going through the tooth, it gets scattered back. So you end up with these white spots.
These white lesions can be visible to the naked eye, but are often hard to spot against the white enamel. They are early signs of tooth decay, before a large cavity has developed. When they are small they can be treated with fluoride, which causes the weak area in the enamel to remineralize. The tooth, if you can detect the problem early enough, is capable of healing itself, Girkin says. But the problem is when something appears on an X-ray, its gone beyond the point at which it will heal itself.
Girkins background is in optics his PhD thesis was on laser spectroscopy of atomic hydrogen and he has long had an interest in developing medical instruments. That led him to think about which optical technologies might take advantage of the light-transmitting characteristics of tooth enamel. He initially tried multiphoton microscopy, firing short pulses of laser light into a tooth to excite fluorescence and then looking for areas where the tooth didnt fluoresce as much, which would indicate the presence of damaged tissue. It worked nicely on extracted teeth in a holder on an optical bench, he says, but seemed too tricky to use in a clinical setting.
In trying to avoid the use of complex equipment and fluorescence measurements, Girkin came up with the idea of using a readily available infrared light source and a commercial camera capable of detecting the right wavelength. He shone the laser beam from a CD player through a tooth and into a webcam. Lo and behold, you can take a transmission image through a tooth with very high quality, he says.
His next step was to develop this method into a 3D image of a tooth. To obtain images from different depths in the tooth, he projects a pattern of lines and spaces into the structure. Near-infrared light with a wavelength of 850 nanometres penetrates the tooth, but the photons dont all go straight through. Instead they are scattered, blurring the pattern. The amount of blur increases as the photons penetrate further into the tooth providing a way to measure depth. In places in which lesions are present, the effect breaks down, light transmission drops and the lesion shows up as a dark spot in the image.
Girkin moves the pattern and repeats the process until he has imaged the entire tooth. The result is similar to computed tomography (CT) imaging, in which a 3D image is built up layer by layer. The image, which can be colourized to make problems more visible, shows the depth and size of the decay, making it easier for dentists to decide on the best treatment. Most optical 3D scanners that are already in use by dentists image only the surfaces of teeth; if the aim is to construct a replacement tooth, that provides enough information.
Seeing lesions that an X-ray would miss is not the only advantage of Girkins technique. Because it uses near-infrared light, which is harmless to tissue, dentists can perform this type of imaging as often as needed. They can prescribe a fluoride treatment for the affected tooth, then check a few months later to see whether its working. Girkin has founded a company, NirVisio, to develop the technology into a clinical instrument and is seeking funding to run clinical trials.
Even longer wavelengths
Fried, however, is interested in going even further into the infrared spectrum. When you go all the way out to around 1,300 nm, thats when the enamel is most transparent, he says. Its almost like glass. You can see right through it.
Using light with a longer wavelength, Fried says, produces clearer images than the wavelength that Girkin uses (as Girkin also notes), and is much better for spotting decay than X-rays. Stains that might hide tooth decay become invisible under that light. Fried can also shine light into the gum and see it come out through the top of the tooth (known as the occlusal surface). This allows him to spot cavities beginning to form on the top of the tooth a useful advance, because a tooths occlusal surface is typically | [
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NYSE:MED
)
shareholders beat the market by a wide margin last month. Their stock rose 46%, compared to a 0.55% uptick in the S&P 500, according to data provided by S&P Global Market Intelligence
The rally pushed the health-and-wellness platform to an over 50% gain so far in 2021. Shares have risen by more than 160% in the past full year.
Image source: Getty Images.
So what
Investors cheered Medifast's early May earnings report that showed robust demand for its Optavia products and services. Revenue rose 91% as people flocked to its diet and exercise platform.
Interest in the category spiked during the pandemic and hasn't waned as of early 2021. "This has been an exceptional quarter of growth and productivity," CEO Dan Chard said on May 4. "Consumer interest in health and wellness remains high," he explained, "and the strength of the Optavia coach-based model...has continued to attract robust numbers of new clients."
It wasn't all good news in the report, though. Medifast couldn't handle all the demand for its meal products, for example, which forced the company to rely on outside producers. Shipping bottlenecks required higher spending on air freight, too. Together, these trends pushed gross profit margin down to 73% of sales, compared to 76% a year ago. Normally, investors would expect to see profitability increase at a time of outsized sales gains.
Now what
Still, last month, Wall Street focused its attention on sales growth, which is clearly on a positive path. Chard and his team are predicting revenue this year to land between $1.4 billion and $1.48 billion, compared to $935 million in 2020. The company is hoping its coach-based selling approach, which differs from traditional diet programs, will allow it to sustain its platform in a competitive niche. "We are executing on a series of initiatives to support our repeatable business rhythm," executives said in a conference calllast month.
It will be some time before investors can judge whether those initiatives are working, Meanwhile, they'll be looking for signs that management is making progress at reversing Medifast's falling profit margins. But the stock might continue rising despite these challenges if sales growthcontinues to outpace the wider health-and-wellness industry.
This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.
Motley Fool Returns | [
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Listen
Pakistan Digital Health Day Celebrated
Karachi: Novartis Pharmaceutical, in collaboration with Pakistan Digital Health Initiative (PDHI) and National Incubation Center (NIC), organized Pakistan Digital Health Day here in Karachi at NIC. The event was organized in an effort to leverage digital initiatives that can extend peoples lives and change the healthcare ecosystem of Pakistan.
The event comprised of talks by featured speakers and panel discussions with personalities belonging to pharmaceutical, healthcare and digital backgrounds. The highlight of the event was presentations by health based tech startups who were featured at the event and got an opportunity to share their business vision. Number of countrys top startups were identified who are partnering and adding value towards future of Pakistans digital health patient and out-patient care segments.
In his welcome note, Sufyan Usmani, Head of Commercial & Communication, Novartis, shared the objectives of the digital initiatives and the collaboration with health based tech startups and companies. He also highlighted the contribution of Novartis as one of the top healthcare organizations in Pakistan.
Dr. Imran Rasheed, CEO, Novartis, while sharing his views said, “Digitalization is the future of Novartis and in that journey we believe that we cannot do everything alone. That is why we believe that we need to work with the right minded people, vendors and especially the new breed of startups that can help us not only to achieve our vision by taking bold steps and partnerships, but also make the environment we work in a better place to live in. Novartis being a digitally forward company promotes such initiatives as its completely in line with our global commitment of providing advanced patient care. ***
Karachi: Novartis Pharmaceutical, in collaboration with Pakistan Digital Health Initiative (PDHI) and National Incubation Center (NIC), organized Pakistan Digital Health Day here in Karachi at NIC. The event was organized in an effort to leverage digital initiatives that can extend peoples lives and change the healthcare ecosystem of Pakistan.
The event comprised of talks by featured speakers and panel discussions with personalities belonging to pharmaceutical, healthcare and digital backgrounds. The highlight of the event was presentations by health based tech startups who were featured at the event and got an opportunity to share their business vision. Number of countrys top startups were identified who are partnering and adding value towards future of Pakistans digital health patient and out-patient care segments.
In his welcome note, Sufyan Usmani, Head of Commercial & Communication, Novartis, shared the objectives of the digital initiatives and the collaboration with health based tech startups and companies. He also highlighted the contribution of Novartis as one of the top healthcare organizations in Pakistan.
Dr. Imran Rasheed, CEO, Novartis, while sharing his views said, Digitalization is the future of Novartis and in that journey we believe that we cannot do everything alone. That is why we believe that we need to work with the right minded people, vendors and especially the new breed of startups that can help us not only to achieve our vision by taking bold steps and partnerships, but also make the environment we work in a better place to live in. Novartis being a digitally forward company promotes such initiatives as its completely in line with our global commitment of providing advanced patient care. ***
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Jan. 27, 2021 7:30 am ET
Prime Movers Lab, a venture firm betting on potential breakthrough innovations in fields as diverse as energy, transportation and biotechnology, has raised $245 million for its second fund.
Jackson, Wyo.-based Prime Movers bets on companies hoping to reshape industries or enable new ones to emerge. Initial investments from its new fund, for example, include Space Perspective Inc., which plans to transport researchers and travelers to the edge of space with a stratospheric balloon and pressurized capsule. The new fund has also...
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March 11, 2022
Flowers Foods Inc. (FLO) is priced at $24.89 after the most recent trading session. At the very opening of the session, the stock price was $25.07 and reached a high price of $25.15, prior to closing the session it reached the value of $25.35. The stock touched a low price of $24.78.Recently in News on February 18, 2022, FLOWERS FOODS DECLARES DIVIDEND. Flowers Foods, Inc. (NYSE: FLO), producer of Natures Own, Daves Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $ 0.21 per share, an increase of 5% over the same quarter last year. This is the 78th consecutive quarterly dividend paid by the company and is payable on March 18, 2022, to shareholders of record on March 4, 2022. You can read further details
here
Flowers Foods Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the companys stock is recorded $29.73 on 01/19/22, with the lowest value was $24.61 for the same time period, recorded on 03/08/22.
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Flowers Foods Inc. (FLO) full year performance was 7.19%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stocks existing status and the future performance. Presently, Flowers Foods Inc. shares are logging -16.28% during the 52-week period from high price, and 10.08% higher than the lowest price point for the same timeframe. The stocks price range for the 52-week period managed to maintain the performance between $22.61 and $29.73.
The companys shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 2010957 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Flowers Foods Inc. (FLO) recorded performance in the market was -9.39%, having the revenues showcasing -4.27% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.40B, as it employees total of 8900 workers.
The Analysts eye on Flowers Foods Inc. (FLO)
During the last month, 0 analysts gave the Flowers Foods Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 26.91, with a change in the price was noted -0.08. In a similar fashion, Flowers Foods Inc. posted a movement of -0.32% for the period of last 100 days, recording 1,459,144 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the companys financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity The total Debt to Equity ratio for FLO is recording 0.65 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.63.
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Technical rundown of Flowers Foods Inc. (FLO)
Raw Stochastic average of Flowers Foods Inc. in the period of last 50 days is set at 5.47%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.71%. In the last 20 days, the companys Stochastic %K was 11.51% and its Stochastic %D was recorded 10.93%.
Considering, the past performance of Flowers Foods Inc., multiple moving trends are noted. Year-to-date Price performance of the companys stock appears to be encouraging, given the fact the metric is recording -9.39%. Additionally, trading for the stock in the period of the last six months notably improved by 5.96%, alongside a boost of 7.19% for the period of the last 12 months. The shares increased approximately by -9.98% in the 7-day charts and went up by -12.57% in the period of the last 30 days. Common stock shares were lifted by -4.27% during last recorded quarter. | [
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s thriving screen sector the business has quickly transformed its murder mystery teambuilding company, which usually runs group interactive performances, to selling downloadable mini mysteries which families can play at home during the lockdown.
One Million Steps
With charities losing millions of pounds in income, including from bucket collections, sponsorship, and charity shops, since the start of March, One Million Steps has started offering charities and their corporate business partners the chance to launch their very own Million Steps Fundraising Challenge. Companies can now join for free, meaning their staff are helped to stay physically and mentally healthy by encouraging them keep up their daily lockdown exercise walks, while at the same time raising money for the companys designated charity.
A social good business that brings wellbeing and charity fundraising together under one platform and app, One Million Steps has developed the new product which has no onboarding costs, consultancy fees, or long-term contracts. The usual cost would be around 800.
Cowlick Creative
The company has been helping the charity sector too, by designing an urgent pandemic appeal campaign for Hft, one of the largest UK charities which supports people with learning disabilities..
Cooked Illustrations
Talented animation and game design students from USWs Faculty of Creative have been given an opportunity to working with Cooked Illustrations on ventures where their individual student projects intersect with the company mission. Cooked Illustrations has also changed its business, so is able to make best use of the some of the students 3D modelling skills on product development.
Ben Thompson
Website builder Ben, who joined Stiwdio in January, is offering to build or amend existing company websites so that entrepreneurs and existing businesses can sell their products and services online. Ben is not charging upfront fees, and is happy to wait until new sales start to come in before being paid for services.
Lets Get There Productions.
The video production company usually runs a monthly film network The Reelway at Jacobs Market in Cardiff but it has now moved the event online. The event has input from a number of local TV and filmmakers, many of whom are USW graduates, with those attending seeing showreels, discussing future projects, and possible recruitment opportunities.
Cardiff
TV
The local TV station for the Cardiffregion has continued broadcasting from the Stiwdio, with staff members Luke, Geri and Sam keeping the local public information broadcasts going, and also featuring several Stiwdio entrepreneurs working to keep their businesses afloat.
New starters
USW graduates Elliot Oakley and Victor Ojabo have just started their own business at Startup Stiwdio. Elliot is a musician, songwriter, and music promoter who has had to put his bands tour on hold, but is still finding ways to perform online, including raising money for charity.
Victor, who has just secured a Startup Visa sponsored by USW, saw his new company NDT Wales Ltd registered with Companies House earlier this month, with help from the Stiwdios legal partner Capital Law. Victor has created his own testing company, with support from USWs Engineering School, and is actively working on his revised marketing strategy with help from the Startup Stiwdio.
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Dynatrace Inc. (NYSE:DT)
went up by 0.69% from its latest closing price compared to the recent 1-year high of $80.13. The companys stock price has collected -7.20% of loss in the last five trading sessions. Barronsreported on 02/02/22 that Dynatrace Reports Strong Earnings. Heres Why the Stock Is Dropping.
Is It Worth Investing in Dynatrace Inc. (NYSE :DT) Right Now?
Dynatrace Inc. (NYSE:DT) scored a price-to-earnings ratio above its average ratio, recording 151.62 x from its present earnings ratio. Opinions of the stock are interesting as 15 analysts out of 21 who provided ratings for Dynatrace Inc. declared the stock was a buy, while 2 rated the stock as overweight, 4 rated it as hold, and 0 as sell.
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The average price from analysts is $64.50, which is $23.67 above the current price. DT currently public float of 195.29M and currently shorts hold a 2.95% ratio of that float. Today, the average trading volume of DT was 2.87M shares.
DTs Market Performance
DT stocks went down by -7.20% for the week, with a monthly drop of -18.13% and a quarterly performance of -36.30%, while its annual performance rate touched -20.77%. The volatility ratio for the week stands at 3.91% while the volatility levels for the past 30 days are set at 5.60% for Dynatrace Inc.. The simple moving average for the period of the last 20 days is -11.71% for DT stocks with a simple moving average of -32.86% for the last 200 days.
Analysts Opinion of DT
Many brokerage firms have already submitted their reports for DT stocks, with RBC Capital Mkts repeating the rating for DT by listing it as a Outperform. The predicted price for DT in the upcoming period, according to RBC Capital Mkts is $65 based on the research report published on February 03rd of the current year 2022.
Needham, on the other hand, stated in their research note that they expect to see DT reach a price target of $56, previously predicting the price at $68. The rating they have provided for DT stocks is Buy according to the report published on February 03rd, 2022.
Loop Capital gave a rating of Hold to DT, setting the target price at $45 in the report published on February 03rd of the current year.
DT Trading at -21.86% from the 50-Day Moving Average
After a stumble in the market that brought DT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.72% of loss for the given period.
Volatility was left at 5.60%, however, over the last 30 days, the volatility rate increased by 3.91%, as shares sank -15.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.46% lower at present.
During the last 5 trading sessions, DT fell by -7.20%, which changed the moving average for the period of 200-days by -9.43% in comparison to the 20-day moving average, which settled at $46.18. In addition, Dynatrace Inc. saw -31.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DT starting from MCCONNELL RICK M, who purchase 2,500 shares at the price of $41.50 back on Feb 18. After this action, MCCONNELL RICK M now owns 186,300 shares of Dynatrace Inc., valued at $103,750 using the latest closing price.
MCCONNELL RICK M, the Chief Executive Officer of Dynatrace Inc., purchase 200 shares at $42.00 during a trade that took place back on Feb 17, which means that MCCONNELL RICK M is holding 500 shares at $8,400 based on the most recent closing price.
Stock Fundamentals for DT
Current profitability levels for the company are sitting at:
+13.07 for the present operating margin
+76.91 for the gross margin
The net margin for Dynatrace Inc. stands at +10.76. The total capital return value is set at 6.08, while invested capital returns managed to touch 5.02. Equity return is now at value 6.60, with 3.40 for asset returns.
Based on Dynatrace Inc. (DT), the companys capital structure generated 39.48 points at debt to equity in total, while total debt to capital is 28.30. Total debt to assets is 19.48, with long-term debt to equity ratio resting at 38.62. Finally, the long-term debt to capital ratio is 27.69.
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When we switch over and look at the enterprise to sales, we see a ratio of 13.48, with the companys debt to enterprise value settled at 0.03. The receivables turnover for the company is 2.67 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
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