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SpringWorks Therapeutics and Jewelry Designer Jennifer Fisher Team Up to Encourage People with Desmoid Tumors to Take Action Before Their Tumor Takes Over
Prnewswire· 2025-02-19 13:00
Core Insights - SpringWorks Therapeutics is collaborating with Jennifer Fisher to raise awareness about desmoid tumors and encourage patients to seek specialized care [1][3][4] Company Overview - SpringWorks Therapeutics is a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, having developed the first FDA-approved therapy for adults with progressing desmoid tumors [6][7] Industry Context - Desmoid tumors are rare, aggressive, and locally invasive soft tissue tumors, with an estimated 1,000-1,650 new cases diagnosed annually in the United States [5][6] - The tumors have a high recurrence rate of up to 77% after surgical resection, leading to a shift in treatment guidelines recommending systemic therapies as the first-line intervention [5][6]
WELL Health's Subsidiary WELLSTAR Provides Corporate Update on its Recent Acquisitions and Announces Strategic Additions to its Management Team
Prnewswire· 2025-02-19 12:01
Core Insights - WELL Health Technologies Corp. is enhancing its digital healthcare capabilities through its subsidiary WELLSTAR Technologies Corp., which is set to become a separate public company majority-owned by WELL [1][2] - Recent management additions include Sarah Xu as Vice President of Growth Operations and Frank Seiferth as Vice President of Product, both bringing extensive industry experience [5][11] - WELLSTAR has acquired Microquest and Bluebird iT, expanding its technology solutions and market presence in Canada [2][3] Management Team Updates - Sarah Xu has a strong background in growth strategy and healthcare technology, previously working at Google and Ambience Healthcare, and is expected to drive WELLSTAR's market presence and growth initiatives [7][10] - Frank Seiferth has over 25 years of experience in product leadership across various sectors, including health-tech, and will lead product strategy at WELLSTAR [11][13] Acquisitions and Market Position - WELLSTAR's acquisition of Microquest, which serves 375 clinics and 1,600 providers in Alberta, and Bluebird iT, the largest IT service provider for outpatient clinics in Canada, enhances its service offerings [2][5] - With these acquisitions, WELLSTAR now serves over 40% of all physicians in Canada and has a team of over 330 members [4][5] Technology Solutions and Services - WELLSTAR provides a comprehensive suite of technology solutions, including EMR software, digital health apps, and AI-enabled automation tools, aimed at improving operational efficiency and patient care [16] - The company focuses on reducing administrative burdens for healthcare providers through innovative digital solutions [4][16]
Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value
GlobeNewswire News Room· 2025-02-18 21:00
Core Viewpoint - Matthews International Corporation urges shareholders to vote for its three director nominees, emphasizing that failure to do so will lead to short-term oversight by individuals lacking knowledge of the company's businesses [1][2]. Strategic Initiatives - The company has initiated a strategic alternatives process that has already resulted in the sale of SGK Brands Solutions for $350 million and a 40% equity stake in a new joint venture, with an additional $50 million expected from the sale of remaining operating businesses [1]. - Matthews plans to announce several strategic initiatives in 2025 aimed at enhancing shareholder value [1]. Energy Storage Solutions - Matthews has developed innovative dry battery electrode (DBE) solutions to capitalize on the growing energy storage market and has successfully defended its ownership against Tesla [1]. - The company is now positioned to sell its DBE solutions to various customers in the electric vehicle market following favorable arbitration outcomes [1]. Board Composition and Governance - The company has refreshed its Board to align with its strategic focus, appointing Thomas Gebhardt, who has over 30 years of experience in battery and EV technology [1]. - Recent governance enhancements include a Board Chair transition and proposals to declassify the Board, aimed at creating sustainable long-term shareholder value [1]. Shareholder Support - GAMCO Asset Management, a significant shareholder with a 4.38% stake, has expressed support for Matthews' director nominees, believing they are best positioned to drive value for shareholders [3]. Voting Instructions - Shareholders are encouraged to vote "FOR" Matthews' nominees using the WHITE proxy card and "WITHHOLD" on Barington's nominees [4][6].
Report: Meta to Form Team Focused on AI-Powered Humanoid Robots
PYMNTS.com· 2025-02-14 22:58
Meta is reportedly forming a new team that will be devoted to developing artificial intelligence-powered humanoid robots.The team will be within the company’s Reality Labs hardware division, Bloomberg reported Friday (Feb. 14), citing unnamed sources. It will be led by Marc Whitten, the former CEO of General Motors’ Cruise self-driving division, and will add about 100 engineers this year.Meta did not immediately reply to PYMNTS’ request for comment.The company plans to work on its own humanoid robot hardwar ...
Thunder Mountain Gold Announces Executive Appointments to Strengthen Leadership Team
Newsfile· 2025-02-11 14:00
Boise, Idaho--(Newsfile Corp. - February 11, 2025) - Thunder Mountain Gold, Inc. (OTCQB: THMG) (TSXV: THM) (the "Company" or "Thunder Mountain Gold") is pleased to announce the appointment of Ron Espell as Chief Operating Officer (COO) and Rocky Chase as Vice President of Operations, effective immediately. These appointments reflect the Company's commitment to advancing its South Mountain Project and other strategic initiatives with a leadership team that brings deep operational and environmental expertise ...
Tevogen Bio Meets BARDA TechWatch Team, Highlighting ExacTcell™ Technology's Potential as a Scalable Medical Countermeasure
GlobeNewswire News Room· 2025-02-07 19:56
WARREN, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Tevogen Bio (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech company, met the Center for the Biomedical Advanced Research and Development Authority (BARDA) TechWatch team. The discussion focused on Tevogen Bio’s affordable and scalable ExacTcell technology, the positive results of its proof-of-concept (POC) clinical trial for TVGN 489, the use of Artificial Intelligence in its process and future manufa ...
Jim Egan Joins First Resource Bank's Commercial Lending Team
Prnewswire· 2025-01-29 14:00
EXTON, Pa., Jan. 29, 2025 /PRNewswire/ -- First Resource Bancorp, Inc. (OTCQX: FRSB), the holding company for First Resource Bank, is proud to welcome Jim Egan as Senior Vice President of Commercial Lending. With an impressive career spanning 40 years in the banking industry—38 of which were spent at Bryn Mawr Trust, where he served as Chief Commercial Lending Officer and Head of Commercial Real Estate—Jim brings unparalleled expertise and a deep understanding of commercial lending to his new role. Jim ...
Choice Hotels International and Bridge Team Up to Provide Hotel Owners with Access to Affordable Financing Solutions
Prnewswire· 2025-01-28 14:00
Interested Choice hoteliers will be able to submit a request for a commercial loan in as little as 10 minutes via a dedicated, customized Choice Hotels landing page on the Bridge platform — a digital platform that leverages advanced technology to digitize and optimize the loan search process. Qualified borrowers will then have the opportunity to compare rates and terms from multiple lenders in Bridge's network of more than 100 lenders. The lender base encompasses a wide range of financing solutions, includi ...
Alumis Strengthens Leadership Team with Key Appointments
GlobeNewswire News Room· 2025-01-28 13:00
Jack Danilkowicz appointed as Chief Commercial Officer; bringing extensive experience successfully planning and executing commercial strategies at global biopharmaceutical companies Sara Klein promoted to Chief Legal Officer; leveraging deep expertise advising biopharmaceutical companies on legal matters across all stages of development and growth SOUTH SAN FRANCISCO, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a clinical stage biopharmaceutical company developing oral therapies us ...
Axalta and Durr Team Up to Provide Digital Paint Solution
ZACKS· 2025-01-24 15:41
Axalta Coating Systems Ltd. (AXTA) recently entered into a strategic agreement with Durr Systems AG to partner on automotive digital paint technology. The partnership will enable Axalta to combine its NextJet technology with Durr’s robotics integration.The digital paint technology will allow precise paint application. It is also referred to as an overspray-free application. In this partnership, AXTA will bring its coatings know-how, while Durr will serve as the robotics integrator for Axalta NextJet for lig ...