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Could Nuvectis Pharma be the Next Summit Therapeutics? A New Report Highlights NXP900's Approach to NSCLC Treatment

Global Markets News

A new report by PESG Research highlights Nuvectis Pharma's (NASDAQ: NVCT) drug candidate NXP900 and its potential role in the treatment of Non-Small Cell Lung Cancer (NSCLC). The review focuses on NXP900's unique approach to addressing critical challenges in cancer therapy resistance. NXP900 is positioned as a potential significant player in NSCLC treatment, comparing its approach to Summit Therapeutics' ivonescimab. NXP900's mechanism of action targets SRC/YES1 kinases in EGFR and ALK resistant NSCLC patients, offering a novel approach to overcoming treatment resistance. Preclinical studies, as noted in the report, indicate that NXP900 could enhance the efficacy of existing therapies like AstraZeneca's osimertinib (Tagrisso) when used in combination. The report also mentions NXP900's potential beyond NSCLC, including possible applications in other cancers such as squamous cell carcinoma. Context: The Current NSCLC Treatment Landscape The report comes at a time of significant developments in NSCLC treatment. Recently, Summit Therapeutics (NASDAQ: SMMT) made headlines with its drug ivonescimab, which showed promising results in a Phase 3 trial conducted in China. In this trial, ivonescimab outperformed Merck's Keytruda (NYSE: MRK), a current standard of care in many NSCLC cases. This breakthrough has intensified interest in novel approaches to NSCLC treatment, particularly those addressing resistance mechanisms. The report highlights the different approaches being developed to tackle NSCLC. While Summit's ivonescimab targets PD-L1 expression, Nuvectis' NXP900 focuses on EGFR and ALK mutations. The report suggests that this diversity in treatment approaches could be important in providing comprehensive options for NSCLC patients. Nuvectis Pharma's NXP900: Current Status and Potential NXP900 is currently in Phase 1 clinical trials, with a focus on safety and pharmacokinetics evaluations. The report emphasizes the preclinical data supporting NXP900, noting its activity against NSCLC models resistant to standard treatments and its potential synergistic effects when combined with existing therapies. A key feature of NXP900, as highlighted in the report, is its ability to inhibit both catalytic and scaffolding functions of SRC and YES1, which are described as key drivers of cancer cell survival. Implications for Cancer Treatment The Report underscores a trend in oncology: the focus on overcoming treatment resistance. It notes that as patients face progression despite initial responses to immunotherapies or targeted treatments, there's a growing need for novel approaches. NXP900's approach to targeting SRC/YES1 kinases seems is positioned as a unique strategy strategy compared to other emerging therapies. This diversification of approaches could be important in providing multiple avenues to tackle the complex mechanisms of treatment resistance. Conclusion The report provides an in-depth look at Nuvectis Pharma's NXP900, positioning it as a noteworthy development in the field of NSCLC treatment. While acknowledging the early stage of NXP900's development, the report highlights its unique mechanism of action and potential to address treatment resistance. The report suggests that as the landscape of NSCLC treatment continues to evolve, NXP900 represents one of several innovative approaches aiming to improve outcomes for cancer patients. As with all early-stage drug candidates, the full potential of NXP900 will only become clear as it progresses through clinical trials and further research. Click here to review the full report: https://finance.yahoo.com/news/pesg-releases-report-nuvectis-pharma-111500319.html * Please make sure to refer to the full dislcaimers and disclosures linked in the report itself when reading it. *** This news alert may include speculative forward looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. the BioTech and Pharma industries are volatile and risky and readers are advised to seek out preffesional advice in the relevent feilds from licensed profesionals. *** This news alert is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. Please review the full documentation detailing financial compensation disclosures and disclaimers the article is subject to. [https://justpaste.it/fcm9n/pdf]. Global Markets News Network is a commercial digital brand compensated to provide coverage of news related to innovative companies and industries and it is thus subject to conflicts of interest. Contact Details News Coverage ronald@futuremarketsresearch.com

September 16, 2024 08:45 AM Eastern Daylight Time

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Leading Bitcoin Miner Has Its Eyes On The Future

Benzinga

By Johnny Rice, Benzinga Leo Lu, Chairman and CEO of BitFuFu Inc. (NASDAQ: FUFU), was recently interviewed by Benzinga. BitFuFu is a Bitcoin miner and cloud mining provider. It is a world leader as a hashpower provider, and the company says it is one of the largest in the world and is growing rapidly. Last quarter saw it pull in nearly $130 million in revenue, up about 70% year over year. Mr. Lu spoke about the exciting opportunities that lie ahead for BitFuFu. Watch the full interview here: Featured photo by Traxer on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 16, 2024 08:30 AM Eastern Daylight Time

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CodeGuru.ae Delivers Cutting-Edge Websites and Mobile Applications in Dubai and Abu Dhabi

Rev Up Marketers

CodeGuru.ae, a leading technology solutions provider, proudly announces its expansion into Dubai and Abu Dhabi, bringing its innovative website and mobile application development services to the UAE. They are recognized as the best website development and design company in Dubai and Abu Dhabi with a focus on cutting-edge technology and user-centric design, CodeGuru.ae is set to revolutionize the digital landscape across the region. Founded with the vision to empower businesses through advanced technology, CodeGuru.ae combines expertise in software engineering with a deep understanding of market needs. The company offers a comprehensive range of services including bespoke website development, mobile app design and development, and digital strategy consulting. "Dubai and Abu Dhabi are dynamic hubs for innovation and technology," said the Ashraf Altawashi CEO of CodeGuru.ae. “We are excited to contribute to the region's digital transformation by delivering solutions that are not only technically superior but also tailored to the unique needs of businesses here.” CodeGuru.ae's team of seasoned developers and designers utilizes the latest technologies and methodologies to ensure that clients receive state-of-the-art digital products. Their portfolio showcases a diverse range of projects, from interactive websites to sophisticated mobile applications, all crafted to enhance user experience and drive business growth. For these reasons they are among the best mobile application development company in Dubai and Abu Dhabi. The company’s expansion is poised to benefit a wide array of industries in the UAE, including retail, healthcare, finance, and more. By integrating local insights with global best practices, CodeGuru.ae aims to help businesses achieve their digital goals and stay ahead in a competitive market. For more information on CodeGuru.ae and their services, visit [www.codeguru.ae](http://www.codeguru.ae) or contact: admin@codeguru.ae About CodeGuru.ae CodeGuru.ae is a premier technology solutions provider specializing in website and mobile application development. Committed to excellence and innovation, CodeGuru.ae delivers high-quality digital solutions that empower businesses and enhance user engagement. With a focus on the latest technologies and industry trends, the company helps clients navigate the digital landscape with confidence and success. Contact Details Ashraf Altawashi CodeGuru.ae +971 58 696 4342 admin@codeguru.ae Company Website http://www.codeguru.ae

September 16, 2024 08:04 AM Eastern Daylight Time

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Ledger Markets Introduces AI-Powered Signals App for UK Investors

Rev Up Marketers

Ledger Markets, based in the heart of London's financial district at 40 Bank Street, E14 5NR, has launched a new AI-powered signals app designed to deliver real-time data and insights for stock investments. This app aims to revolutionize how UK investors approach stock market opportunities, providing them with cutting-edge tools to make informed, data-backed decisions. As the financial markets continue to evolve, UK investors increasingly demand tools that offer precision and speed. The Ledger Markets signals app leverages artificial intelligence to analyze market data in real time, ensuring users receive timely stock signals that enable them to capitalize on stock market opportunities more effectively. AI-Powered Signals: Revolutionizing Stock Market Insights Powered by advanced AI technology, the Ledger Markets app processes vast amounts of market data in real time. Traditional stock analysis often requires time-consuming manual work, but the Ledger Markets app delivers actionable signals directly to users' devices, enabling them to make quick, informed decisions. "Our goal with this app is to provide UK investors with the tools they need to stay ahead of market trends," said the CEO of Ledger Markets. "In today’s fast-moving financial landscape, having access to real-time insights is crucial for making swift, effective investment decisions." How the Signals App Benefits UK Investors One of the app's most significant advantages is its ability to deliver stock signals without the need for constant monitoring. Investors receive notifications when opportunities arise, allowing them to respond quickly based on AI-generated insights. This feature ensures that UK investors stay in tune with the latest market trends, improving their decision-making processes. "The app has been incredibly useful for me," said Sophie Turner from Edinburgh. "It helps me stay informed and make decisions faster, without having to constantly analyze data." James Davies from London added, "The simplicity of the signals is what I appreciate most. They’re clear and easy to understand, which makes stock investing much more efficient for me." Personalized Stock Signals Tailored to Investors' Needs The Ledger Markets app also offers personalized stock signals, tailored to individual preferences like risk tolerance, investment goals, and preferred stocks. This customization helps investors act on opportunities that align with their specific strategies, making stock market investing more effective and relevant. "The personalization is a real game-changer," said Emily Wilson from Manchester. "It allows me to focus on the stocks and sectors I’m most interested in, and the app’s signals have had a positive impact on my portfolio." The Future of Stock Investing with AI As AI technology continues to shape the financial sector, tools like the Ledger Markets signals app are becoming essential for investors who want to stay ahead of the curve. By providing accurate, real-time insights, Ledger Markets empowers users to make smart investment decisions based on the latest market movements. "Our AI-powered app is designed to give UK investors an edge in stock investing," said the CEO of Ledger Markets. "The feedback we’ve received has been overwhelmingly positive, and we’re excited to continue helping investors succeed." About Ledger Markets 966 At Ledger Markets 966, we believe that understanding the stock market should be accessible to everyone. That’s why we developed a free, easy-to-use signals app designed to give users an edge in their trading decisions. Our app provides real-time market indicators, helping both beginners and experienced traders make informed choices. Whether you're looking to analyze stock trends or gain deeper insights into market movements, our tool is here to support you. Our goal goes beyond just offering a tool; we aim to build a thriving community of traders who can learn, grow, and succeed together. We encourage collaboration, shared experiences, and a deeper understanding of the stock market to create an inclusive environment for continuous learning and improvement. For more information, visit Ledger Markets. Contact Details LEDGER ADMIN LTD Eric Brown ericb@ledger966.com Company Website https://ledger966.com

September 16, 2024 08:01 AM Eastern Daylight Time

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Cadiz Inc. (NASDAQ: CDZI) Prepares for Major Pipeline Build Amid Rising Water Demand

CDZI

As climate change and population growth exacerbate water scarcity, the need for innovative and reliable water solutions has never been more critical. Many regions face challenges with diminishing water supplies and groundwater contamination, impacting both health and daily life. Addressing these urgent issues requires advanced infrastructure and treatment technologies to ensure clean, accessible water for all. Cadiz Inc. (NASDAQ: CDZI) is a California-based water solutions company focused on providing reliable, clean, and affordable water to underserved communities across the state and the Southwestern U.S. Cadiz has amassed a strong portfolio of water assets that includes 45,000 acres of land in California, 2.5 million acre-feet of water supply, and 220 miles of pipeline. The company’s infrastructure plays a critical role in addressing the region's chronic water shortages, driven by the growing impact of climate change and population growth. California and the Southwest are among the areas most affected by persistent drought conditions. With rainfall increasingly unpredictable and demands for water rising, the state faces an uphill battle in ensuring long-term water security for its residents. Cadiz has emerged as a key player in offering both storage and delivery solutions to combat these challenges, positioning itself at the forefront of water management innovations. CDZI’s latest milestone came in August 2024 when it announced that 85% of the capacity of its Northern Pipeline had been secured under water purchase agreements. This achievement follows the execution of five agreements in 2024, including Cadiz’s Water Conservation, Supply, and Storage Project, which is expected to deliver 21,275 acre-feet of water annually under these long-term contracts. Cadiz Chairman and CEO Susan Kennedy emphasized the importance of this accomplishment, stating, "Executing a critical mass of water purchase agreements to support construction on the Northern Pipeline has been our primary objective this year." These contracts set the stage for the next phase of Cadiz’s ambitious project: the construction of the Northern Pipeline in 2025, with initial water deliveries projected as soon as 2026. Once fully operational, CDZI expects net revenues of approximately $850 per acre-foot in 2024 dollars, adjusted annually, which could significantly boost the company’s financial outlook. Cadiz’s Northern Pipeline project spans 220 miles across California and has a total capacity of 25,000 acre-feet per year (AFY). It’s a vital infrastructure project serving communities in California's remote desert regions and the Inland Empire, which currently rely on imported water from Northern California’s State Water Project. The agreements in place now cover 85% of the pipeline’s capacity, enabling Cadiz to secure third-party capital to initiate construction on schedule. As CDZI CEO Susan Kennedy pointed out, "These agreements... will enable the company to secure third-party capital to begin construction of the project in 2025 as planned." Furthermore, the company is in the final stages of contracting the remaining pipeline capacity and expects to begin construction as anticipated. In addition to the Northern Pipeline, CDZI plans to begin contracting for water delivery via the project's Southern Pipeline later this year. This pipeline will extend 43 miles to the Colorado River Aqueduct, further expanding the company’s reach and adding an additional 25,000 AFY in water supply. Once both the Northern and Southern Pipelines are online, CDZI will operate the largest new groundwater banking operation in the Southwestern U.S., a much-needed solution for water-stressed regions like the Mojave River Basin, the Colorado River Basin, and California’s Inland Empire. Earlier in the year, CDZI announced that the ATEC Water Systems division of Cadiz, a subsidiary, is also assisting in the expansion of the business. Earlier this year, ATEC secured three new sales contracts for iron and manganese filtration systems, adding $1.5 million in projected revenue for 2024. These systems will provide clean water to diverse communities, including rural Nevada and the University of Wisconsin, Madison. ATEC’s success in this area reflects the increasing demand for solutions that address groundwater contamination, particularly in underserved areas. Kennedy praised ATEC's rapid expansion, stating, "The Board and I are extremely pleased by ATEC's rapid progress in delivering clean, affordable water to communities and cities across the nation." ATEC’s technology focuses on addressing contamination from iron and manganese, both of which pose health risks and affect the quality of drinking water in many regions. For investors looking at the water sector, Cadiz, Inc. (NASDAQ: CDZI) is a company worth watching. Its comprehensive water supply and treatment solutions, coupled with strong prospects and an ever-increasing need for clean water, make it a key player in addressing one of the world’s most pressing challenges. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of content related to CDZI. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website http://razorpitch.com

September 16, 2024 06:00 AM Eastern Daylight Time

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TRON DAO Featured as Title Sponsor at KBW, Showcases Growing Meme Coin Ecosystem

TRON DAO

Geneva, Switzerland - September 16, 2024 - TRON DAO took center stage as a Title Sponsor at Korea Blockchain Week (KBW), an annual global blockchain and Web3 festival in Seoul, South Korea. Dave Uhryniak, Community Spokesperson at the TRON DAO, delivered a compelling keynote on the fast-growing meme coin ecosystem within the TRON network, highlighting its evolution and unique position in the crypto space. KBW 2024 featured a wide range of discussions, including the integration of AI with blockchain and the resurgence of DeFi through real-world asset tokenization. Korea Blockchain Week (KBW) is a global event celebrating blockchain and Web3 innovation. Organized by FACTBLOCK since 2018, the event brings together industry leaders, cutting-edge technologies, and a range of activities designed to foster communication and collaboration within the blockchain ecosystem. As one of the most significant blockchain events in South Korea, KBW continues to make a substantial impact across the East Asia region, driving forward innovation and dialogue in the space. In his keynote speech, Uhryniak highlighted the explosive growth of the meme coin market, which is approaching a total valuation of $40 billion. He emphasized that as the market continues to expand, institutional investors are likely to increase their involvement, recognizing the significant opportunities and potential within the space. Uhryniak compared meme coins to a modern form of digital art, highlighting their accessibility for anyone to create. He stated, "Meme coins are a piece of a reaction to culture and they're often very much a statement on culture at a specific time or on a specific event. They give everyone the opportunity to become an artist. They're the perfect Web3 application. They democratize making social commentary and making art". Uhryniak also emphasized the critical need to build a truly decentralized network that empowers creators and developers. With the recent push to expand the meme coin ecosystem, TRON is providing users everywhere the ability to unleash their creativity and connect with communities. At its core, the TRON ecosystem is designed to equip creators and developers with the tools and freedom they need to turn their ideas into innovative projects. TRON DAO is pushing forward with its goal to decentralize the internet, creating new and innovative blockchain solutions while building strong connections with communities around the world. Being part of Korea Blockchain Week shows TRON DAO’s dedication to shaping the future of decentralized technology and continuing to educate and inspire people in the blockchain space. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of September 2024, it has over 256 million total user accounts on the blockchain, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

September 16, 2024 03:33 AM Eastern Daylight Time

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UNOS fires back at defamatory statements that it has acted unlawfully

United Network for Organ Sharing

The United Network for Organ Sharing (UNOS) is a private non-profit organization focused on saving lives. Its mission is to help patients and their families who are in desperate need of organ donation. But some members of the donation and transplant community continue to malign and defame UNOS, accusing our organization of unlawful behavior. It must stop. At a hearing of the House Energy and Commerce Committee’s Oversight Subcommittee on Sept. 11 to discuss HRSA’s implementation of the Organ Procurement and Transplantation Network (OPTN) reform law, several witnesses made false statements under oath alleging violations of the law by UNOS while the non-profit served as OPTN. These individuals were able to produce no evidence of their claims, because it does not exist. To be clear: UNOS has never engaged in any unlawful behavior. Any statement to the contrary is outrageous and actionable in court. UNOS has been the international leader in organ donation and transplant for decades, and anyone who questions our motivations or accuses UNOS of unlawful activity is just plain wrong. Here are some of the statements that imply or outright accuse UNOS of criminal behavior, and here’s our responses: Statement: UNOS is a monopoly, and that monopoly has meant that patients don’t receive the care they need, and that the donation and transplantation system is corrupt. (Greg Segal, co-founder of Organize, and Dr. Seth Karp, former OPTN Board Member and OPTN Membership and Professional Standards Committee (MPSC) Member) False. While witnesses used the term “monopoly” to characterize UNOS’ contract role, the characterization is false. The fact that there has only ever been a single OPTN contractor is because the law –not UNOS — said there could only be one OPTN contractor. Since the OPTN’s inception, HRSA has issued requests for proposals for a single organization to operate the network. UNOS submitted a bid proposal at each opportunity to compete. HRSA awarded the OPTN contract to UNOS in 1986, 1987, 1990, 1993, 1996, 2000, 2005, and 2018 HRSA, not UNOS, structures the OPTN contract and the bid process. Use of the term “monopoly” suggests that there is (or should be) a “market” for organ donation and transplant in America – a position with which UNOS strongly disagrees. Statement: UNOS retaliates against whistleblowers, and engaged in rewarding and incentivizing whistleblower retaliation. (Greg Segal) False. The individual who recited these false facts, while declining to produce any evidence in support, has never served on or volunteered with the OPTN, never worked within an OPTN member transplant program, and never worked within an organ procurement organization. He has, further, never served in any transplant and donation oversight role with HHS. Nonetheless, he stated under oath that whistleblower complaints were repeatedly and inexplicably brought to him regarding UNOS (while in its capacity as OPTN) because all complainants were afraid to report to OPTN, and that he promptly referred the complaints to law enforcement and government authorities to conduct further investigations.<p>There is no record of any such complaints, no record of any allegations against UNOS (whistleblower or otherwise) that were referred to law enforcement by Greg Segal, nor any follow-up investigation of UNOS/OPTN by law enforcement or government authorities, nor any request for UNOS’ cooperation in investigation of an OPTN member because of whistleblower complaints brought forth by Segal to law enforcement or HHS. UNOS is aware of no such record, complaint, or incident in the past four decades it has held the OPTN contract. UNOS adheres to whistleblower protection laws and does not tolerate, or engage in, retaliation against whistleblowers. Let’s also take a look at some key assertions from the subcommittee hearing - and what the real story is. The following are among statements made on Sept. 11, 2024, at the House Energy and Commerce Committee’s Oversight Subcommittee hearing titled “A Year Removed: Oversight of Securing the U.S. Organ Procurement and Transplantation Network Act Implementation.” The United Network for Organ Sharing (UNOS), whose leadership was not invited to participate in the hearing, has been the sole contractor for the OPTN for decades. To set the record straight and correct some false information, UNOS is fact-checking statements made during the hearing. Statement: Instead of reporting serious allegations of Medicare fraud, patient safety concerns, and bribery to the OPTN, whistleblowers reported these allegations to a private citizen who does not have oversight authority or the capacity to investigate these claims. (Greg Segal, co-founder of Organize) If true, such allegations must be reported to applicable government authorities and law enforcement for further investigation. Statement: The OPTN contract has recently been opened for competitive bidding “for the first time since the enactment of the OPTN.” (Opening statement of the hearing) False. Every OPTN contract bid, including the initial solicitation in 1986, has been competitive. In each prior bid, UNOS was selected by HRSA to serve as the OPTN contractor after submitting responsive proposals. Until 2024, the OPTN contracts issued by HRSA were always single-vendor contracts. Starting in 2024, the government’s new model involves a multi-vendor approach, where the work of the OPTN is divided across multiple vendors. UNOS welcomes this new arrangement by which the OPTN contracting process includes more competition. Statement: The OPTN, and/or individual OPOs, have been complicit or negligent in circumstances where potential donors have shown signs of life. (Segal) False. In any situation involving deceased donation, the medical staff of the hospital make independent clinical determinations as to whether death has occurred or is imminent, according with the hospital’s own policy and applicable state laws or regulation. Organ recovery will not occur until death has been declared by the medical staff at the hospital. Neither OPO staff nor transplant professionals are involved in the determination of death. In the rare occasion that the clinical situation of a potential donor changes prior to a death declaration, all involved donation and transplant clinicians will immediately cease their activity and allow the hospital to provide supportive care as appropriate. OPOs must adhere to a complex framework of rules and regulations generated by CMS, the OPTN, and the states in which they operate. Any potential violations of OPTN policies or bylaws that are reported to the OPTN are investigated by the OPTN’s Membership & Professional Standards Committee (MPSC), a committee on which HRSA representatives serve. Statement: Previous OPTN Boards of Directors were “selected” by UNOS in a non-transparent process. (Dr. Seth Karp, surgeon-in-chief of Vanderbilt University Medical Center) False. UNOS’s role, as the OPTN Contractor, is to administer the OPTN’s nomination process for the Board. UNOS does not select the board members. Rather, each OPTN board member is elected by the entire OPTN membership, via a process that is described in a detailed plan posted to the OPTN website and overseen by HRSA. In February 2024, reflecting the HRSA modernization principles, the current OPTN Board, whose terms began July 1, was elected by the OPTN membership, and not a single person who was elected to the OPTN Board simultaneously serves on the UNOS Board. Furthermore, the OPTN Board of Directors is now independent of the OPTN contractor and will be supported in the future by a new contractor that will manage future nomination processes and will not have any responsibility for OPTN operations. Statement: Board and committee volunteers are “industry insiders” and have inherent conflicts of interest with their institution or professional organization. (Karp and Segal) More context needed. This year alone, there are more than 1,000 distinct unpaid volunteers serving on the OPTN board and committees. Any individual bringing clinical or professional expertise to volunteer service on the Board or a committee will likely have relationships with a transplant hospital, an OPO, a histocompatibility lab, and/or clinical or professional societies relating to their discipline. This expertise is in fact key to making informed decisions that affect the national donation and transplant system, and it is specifically required by federal law and regulation regarding the OPTN Board composition. Notably, when Congress amended NOTA in 2023, it did not remove the composition provisions for the board, thus retaining the requirement that the OPTN Board be comprised of “representatives of organ procurement organizations…transplant centers, voluntary health associations, and the general public.” If Congress did not intend for these so-called “industry professionals” to be on the OPTN Board, it would have stricken that requirement from NOTA when it were amending other aspects of the law. The OPTN has had in place for many years a conflict of interest policy to allow its volunteer leaders to disclose potential conflicts and recuse themselves from making decisions that pose a direct conflict. OPTN Board members are also required to sign an attestation at the beginning of each term, confirming that “My advice and opinions will be the result of my own independent judgment, and I will not take into consideration any responsibilities I have to any other organization while I fulfill my responsibilities as a director on the OPTN Board.” Additional steps taken under the HRSA modernization initiative, such as having a separate OPTN Board and a new code of conduct, should further strengthen the measures already in place to enable these volunteers to contribute in a fair and transparent manner. Statement: UNOS has lobbied aggressively against reform and has made contract transitions as difficult as possible. (Segal) False. UNOS has led efforts to improve the system, which are identified in the UNOS Action Agenda. In collaboration with stakeholders and government officials, UNOS established its independent corporate Board of Directors on March 30, secured language in the Federal Aviation Administration (FAA) reauthorization to ensure organs can travel above wing instead of as cargo to ensure safe handling and care, and educated policymakers about the need to ensure OPTN has the authority to collect pre-waitlist data on patients to understand and address barriers to transplantation. UNOS has called for a federal tracking system for organs, increased patient empowerment tools to support patients’ choices regarding their transplantation care, and improvements to hospitals’ donor referral processes to organ procurement organizations. UNOS performs this advocacy consistent with our mission and outside of our work or funding as the OPTN contractor. UNOS has repeatedly stated its support for HRSA’s OPTN Modernization Initiative and has actively lobbied for Congress to fully fund the President’s Fiscal Year (FY) 2025 budget request to support implementation. As there has never been a transition of OPTN work to a new contractor, it is categorically untrue that UNOS has made contract transitions as difficult as possible. UNOS will work collaboratively with other OPTN contractors and transition work as determined by HRSA’s contract awards. Statement: UNOS and the federal government lose organs that have been donated for transplant. (several speakers) False. There are many organizations involved in transporting organs. Organ procurement organizations (OPOs) and transplant programs handle arrangements, scheduling, and coordination. The Organ Center, operated by UNOS for the OPTN, assists OPOs and transplant hospitals in making arrangements for the transportation of donated organs if requested. UNOS is not primarily responsible for transporting organs and HRSA has not required a federal tracking system, although UNOS has requested HRSA implement one. Further, outside of the requirements and funding of the OPTN contract, UNOS has developed an organ tracking system to assist in tackling this problem. Furthermore, the OPTN only has purview for whole organs for transplant. The heart example shared at the hearing was about a research organ which is under FDA’s authority. Statement: Some members of the UNOS board also sit on the OPTN board. (Chair Morgan Griffith) False. UNOS established a new seven-person board effective on March 30, 2024. There is no overlap in the membership of the UNOS board and the OPTN board. Statement: The OPTN Board President had something more important to do than testify (Greg Segal, in response to following statement from Rep. Armstrong: “[Rich Formica] refused to testify today, right?” during questioning on new OPTN whistleblower policy) More context needed. The OPTN Board President is a practicing physician who was informed of the hearing with little notice. About UNOS United Network for Organ Sharing (UNOS) is the mission-driven non-profit serving as the nation’s transplant system under contract with the federal government. We lead the network of transplant hospitals, organ procurement organizations, and thousands of volunteers who are dedicated to honoring the gifts of life entrusted to us and to making lifesaving transplants possible for patients in need. Working together, we leverage data and advances in science and technology to continuously strengthen the system, increase the number of organs recovered and the number of transplants performed, and ensure patients across the nation have equitable access to transplant. Contact Details United Network for Organ Sharing Anne Paschke +1 804-782-4730 anne.paschke@unos.org Company Website https://unos.org

September 13, 2024 04:54 PM Eastern Daylight Time

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Fasqon: A Universal Platform for Secure Finance and Communications Amid Regulatory Pressure

BNP Paribas SA

Fasqon introduces a revolutionary solution for modern users, combining financial services and messaging in one secure AI-driven environment. In response to increasing regulatory measures and the growing need for privacy, Fasqon offers a game-changing platform for banking transactions and communications. Global Challenges: Regulations, High Fees, and Data Breaches In 2024, the financial sector faces new challenges: increased regulatory scrutiny, more data breaches, and higher transaction fees. More than 60% of users experience difficulties when conducting crypto-fiat transactions, and traditional banks cannot provide sufficient security and privacy. These problems are forcing users to seek new solutions to manage their finances and communications. Fasqon: A Complete Solution for Secure Transactions and Communication Fasqon offers a unified platform that eliminates the need to use multiple apps for financial management and communication. Key features include: – Messenger with financial services integration: The platform allows users to upload invoices, automatically recognize the details, and make payments directly through the messenger. This eliminates the need to copy details and minimizes errors, ensuring fast and secure transactions. – Bank card with seed phrase and a limit of up to 200 euros: The card provides anonymity and security, allowing users to conduct small transactions without complicated procedures and with minimal fees. This solution is particularly relevant in the context of strict regulatory control and high fees. – Automated operations through AI: By using AI for invoice processing and transaction management, the platform can reduce processing time by up to 70%, making it an ideal solution for small and medium businesses and individuals. – Direct P2P messaging and transactions: Avoiding the use of servers and third parties for data exchange ensures privacy and security, which is critical in an era of increasing cyber-attacks and data breaches. The Power of the Fasqon Community: Uniting Users for Global Change One of Fasqon’s key strengths is its strong and vibrant user community, which actively supports and develops the platform. More than 15,000 Fasqon evangelists are united by the idea of security, privacy, and convenience in one application. The community actively participates in discussions about new features, offers ideas, and suggests improvements, making the platform not only user-friendly but also focused on real user needs. Round B of Funding With the current Series B funding, Fasqon aims to raise additional resources to expand its capabilities and scale into new markets. Its unique business model and innovative solutions have attracted the attention of strategic investors, including two major banks from Asia, which are interested in supporting the platform’s development. Fasqon is not just offering a product – it is an invitation to participate in creating a new standard of security and convenience in the world of financial technology. Joining the Fasqon community means becoming part of a global movement to protect user rights and ensure transparency in financial transactions. Future Key Steps and Strategic Initiatives for 2025 – Licensing in key European jurisdictions: Obtaining licenses in Portugal and the Czech Republic to ensure compliance and user protection. – Integration with new partners: Expanding cooperation with local market operators for rapid expansion within countries. – 1,000,000 users within a year of launch: Confidently scaling the product in the European and Asian markets. Fasqon continues to grow and evolve; every user can be part of this success story. Join us and help shape the future of finance and communications: linktr.ee/fasqon linktr.ee/fasqon Contact Details Fasqon Sergii Latanskyi office@fasqon.com Company Website https://fasqon.com/

September 13, 2024 03:00 PM Eastern Daylight Time

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Benchmark International Publishes Comprehensive Information Services Industry Report

Benchmark International

Benchmark International, the leading middle market mergers and acquisition (M&A) firm, has published its latest Global Information Services Industry Report. This comprehensive analysis provides detailed insights into current trends, market challenges, and opportunities shaping the global information services sector. The report offers a deep dive into the industry, encompassing a wide range of services such as data processing, analytics, information management, and digital content delivery. As businesses increasingly rely on data to drive growth and efficiency, the information services industry plays a critical role in powering this transformation. Key findings from the report include: Industry Growth Projections: The information services sector is expected to grow steadily over the next several years, with advances in technology such as artificial intelligence (AI), machine learning (ML), and cloud computing leading the charge. Market Drivers: Growing demand for real-time data, increased investment in IT infrastructure, and the shift towards data-driven decision-making are key factors driving growth in the industry. Challenges and Risks: The report also highlights ongoing challenges, such as cybersecurity threats, regulatory compliance issues, and the need for robust data privacy measures. Regional Analysis: North America continues to lead the market due to its advanced tech ecosystem and higher demand for analytics solutions while emerging markets in Asia-Pacific and Latin America show increasing growth potential. The Information Services Industry Report is a must-read for businesses, investors, and stakeholders seeking valuable insights into the evolving market dynamics. The report equips them with the knowledge to make informed strategic decisions in this fast-growing sector. The report is now available on Benchmark International's website and is part of the firm’s ongoing efforts to provide comprehensive market intelligence to its clients. For more information and to access the full 2024 Global Information Services Industry Report, please visit https://www.benchmarkintl.com/insights/featured-content/information-services-industry-report/ ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

September 13, 2024 09:00 AM Eastern Daylight Time

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