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Roche’s Susvimo maintains vision over five years with two refills per year in people with neovascular age-related macular degeneration (nAMD)
Globenewswire· 2025-08-01 18:00
Core Insights - Roche announced five-year efficacy, safety, and durability data for Susvimo® (ranibizumab injection) in treating neovascular age-related macular degeneration (nAMD), showing sustained treatment effects with approximately 95% of patients requiring no supplemental treatment before each refill [1][2][7] Group 1: Study Results - The Phase III Portal study demonstrated that Susvimo maintained vision and retinal drying over five years, with best-corrected visual acuity (BCVA) showing a decline from 74.4 letters at baseline to 67.6 letters at five years in the Susvimo cohort, and from 76.3 letters to 68.6 letters in the IVT-Susvimo cohort [3][4] - Average central subfield thickness (CST) remained stable, with a reduction of 1.0 µm in the Susvimo cohort and 10.3 µm in the IVT-Susvimo cohort [3] Group 2: Treatment Comparison - Susvimo provides continuous delivery of ranibizumab via a refillable eye implant, contrasting with other treatments that may require monthly injections [5][10] - The Portal study cohort is the largest group of nAMD patients followed prospectively for five years, enhancing the reliability of the results [4][6] Group 3: Clinical Implications - The long-term results support Susvimo's potential to preserve vision in nAMD patients, addressing the challenges of frequent injections associated with traditional anti-VEGF treatments [2][7] - The study's findings may lead to improved real-world clinical outcomes for patients with nAMD, as continuous delivery could offer better vision preservation compared to standard treatments [2][6]
ArcelorMittal publishes its 2025 half-year report
Globenewswire· 2025-08-01 17:30
1 August 2025, 19.30 CET ArcelorMittal (the ‘Company’) has today published its half-year report for the six-month period ended 30 June 2025. The report is available on http://corporate.arcelormittal.com/ under Investors > Financial reports > Half-year reports, and on the electronic database of the Luxembourg Stock Exchange (www.bourse.lu/). The report has also been filed on Form 6-K with the U.S. Securities and Exchange Commission (SEC) and is available on http://corporate.arcelormittal.com/ under Investors ...
Frequency Electronics Announces 2025 Quantum Sensing Summit in New York City
Globenewswire· 2025-08-01 17:07
Event to Accelerate Production-Ready Quantum Sensing TechnologiesMITCHEL FIELD, N.Y., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, today announced it will host the 2025 Quantum Sensing Summit on October 29–30, 2025, in New York City. The event will bring together leaders from government, industry, and research to accelerate the transition of quantum sensing technologies from the la ...
BNP Paribas Group : 2025 EBA STRESS TEST RESULTS CONFIRM BNP PARIBAS’ STRONG SHOCK ABSORPTION CAPACITY AND STRUCTURAL RESILIENCE
Globenewswire· 2025-08-01 16:52
Core Insights - The 2025 EU-wide stress test results confirm BNP Paribas's strong shock absorption capacity and structural resilience [1][5] - The stress test was conducted by the European Banking Authority (EBA) in coordination with the European Central Bank (ECB) and other regulatory bodies [2][3] Stress Test Overview - The adverse scenario of the stress test covers a three-year horizon from 2025 to 2027, using a static balance sheet as of December 2024 [4] - The results are intended to inform the Supervisory Review and Evaluation Process (SREP) for assessing BNP Paribas's compliance with prudential requirements [3] Resilience Metrics - BNP Paribas showed a peak-to-trough depletion of -235 basis points (bps) in fully loaded CET1, an improvement from -398 bps in the 2023 exercise [5] - The Group's leverage ratio remained above the required level throughout the stress period, with a low point of 3.9%, compared to 3.4% in the previous exercise [6] Regulatory Classification - The stress test results will influence BNP Paribas's classification in the ECB's Pillar 2 Guidance (P2G) framework, now with a depletion range of 0–300 bps for CET1, lower than the previous range of 50 to 200 bps [7] - The Group's Pillar 2 Requirement (P2R) is among the lowest in major European banks, reflecting its strong resilience capabilities [8] Commitment to Stakeholders - BNP Paribas is dedicated to maintaining a solid capital position and supporting clients and the economy across various market conditions [9] - The performance in the stress test reinforces the Group's ability to navigate uncertainty and deliver sustainable value to stakeholders [9] Company Profile - BNP Paribas operates in 64 countries with nearly 178,000 employees, focusing on commercial, personal banking, investment services, and corporate banking [10][11] - The Group has a strong presence in Europe, the Americas, and Asia-Pacific, and is committed to corporate social responsibility [11]
Orca Energy Group Inc. announces arbitrations against the United Republic of Tanzania and Tanzania Petroleum Development Corporation over US$1.2 billion Project
Globenewswire· 2025-08-01 16:52
Core Viewpoint - Orca Energy Group Inc. has initiated arbitration proceedings against the United Republic of Tanzania and Tanzania Petroleum Development Corporation (TPDC) due to multiple breaches related to the Songo Songo Gas-to-Electricity Project, which threatens the project's viability and the company's investment rights [2][5][6]. Summary by Relevant Sections Company Overview - Orca Energy Group Inc. is an international public company engaged in natural gas development and supply in Tanzania through its subsidiary, PanAfrican Energy Tanzania Limited (PAET) [7]. Legal Actions and Claims - The company has filed three claims against Tanzania and TPDC, citing breaches of the Bilateral Investment Treaty (BIT), the Production Sharing Agreement (PSA), and the Gas Agreement (GA) [2][5]. - The claims include failure to extend the Songo Songo Development Licence, forcing the continuation of the Protected Gas regime, and failure to pay royalties owed under the contractual framework [5]. Project Valuation and Damages - The Songo Songo Gas-to-Electricity Project is currently valued at approximately US$1.2 billion, with the exact amount of damages to be determined during arbitration proceedings [3][5]. - The company plans to appoint a quantum expert to prepare a professional damages assessment for the arbitration tribunal [3]. Legal Representation - PAEM and PAET are represented by Boies Schiller Flexner LLP, a law firm known for its successful claims in international arbitration, including against Tanzania [4]. CEO's Statement - The CEO expressed disappointment over the need to initiate arbitration after two decades of partnership, emphasizing the company's commitment to resolving issues amicably and unlocking the project's value for all stakeholders [6].
Brown & Brown, Inc. completes the acquisition of Accession Risk Management Group
Globenewswire· 2025-08-01 16:45
DAYTONA BEACH, Fla., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of RSC Topco, Inc. (“RSC” or “Accession”), the holding company for Accession Risk Management Group, Inc. Brown & Brown, Inc. is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700+ locations and a team of more than 23,000 professionals, followin ...
Vinci: implementation of the share buyback programme
Globenewswire· 2025-08-01 16:30
As part of the implementation of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 1st August 2025. According to the agreement, valid from August 4th until September 26th, 2025 at the latest, VINCI is mandating the investment services provider to purchase VINCI shares on its behalf within the limit of €300 million. The purchase price cannot exceed the maximum price set by the VINCI Ordinary and Extraordinary Shareholders' Meeting. Attachment ...
Erayak Power Solution Group Inc. Announces Closing of $7 Million Registered Direct Offering
Globenewswire· 2025-08-01 16:17
Wenzhou, China, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Erayak Power Solution Group Inc. (NASDAQ: RAYA) ("Erayak" or the "Company"), a leading manufacturer, designer, and exporter of high-quality products in the power supply industry, today announced the closing of its previously announced registered direct offering with certain institutional investors for the sale and purchase of an aggregate of 107,692,307 of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Shares”) (or Class A ordinary ...
Casino Group: Release of the half year 2025 Financial Report
Globenewswire· 2025-08-01 16:17
RELEASE OF THE HALF YEAR 2025 FINANCIAL REPORT The Group has released its half year 2025 financial report, in English, on its website. It is available following this link: https://www.groupe-casino.fr/wp-content/uploads/2025/08/20250801-H1-2025-Financial-Report.pdf Analyst and investor contacts Charlotte Izabel+33 (0)6 89 19 88 33cizabel@groupe-casino.frInvestor Relations +33 (0)1 53 65 24 17IR_Casino@groupe-casino.fr Press contacts Corporate Communications Department – Casino Group Stéphanie Abadie ...
KBC Group: KBC remains well-capitalised under 2025 EU-wide EBA stress test
Globenewswire· 2025-08-01 16:10
KBC notes the announcements made today by the European Banking Authority (EBA) regarding the results of the 2025 EU-wide stress test. A brief set of slides on the KBC data is available at www.kbc.com. Under the base scenario of the stress test, KBC's fully loaded Common Equity Tier-1 (CET1) ratio (Basel IV restated) of 14.56% at year-end 2024 increases by 2.66 percentage points to 17.22% at year-end 2027. Under the adverse scenario, KBC’s fully loaded CET1 ratio would fall by 2.73 percentage points to 11.82 ...