Central Iron Ore Limited Results of the Shareholders Meeting
Globenewswire· 2025-11-25 04:30
Group 1 - The annual meeting of shareholders for Central Iron Ore Limited was held on November 25, 2025, where key resolutions were approved [1] - Shareholders elected Richard Homsany, Anthony Howland-Rose, David Deitz, and Paul Richardson as directors [1] - Moore Australia Audit (WA) was appointed as the auditors of the Corporation [2] Group 2 - The continuation of the 10% rolling stock option plan was approved by the shareholders [2]
ACASPRESSO Announces Black Friday Mega Sale on Coffee and Blending Appliances
Globenewswire· 2025-11-25 02:58
Promotional Event - ACASPRESSO is offering limited-time Black Friday discounts on its flagship products, the AC21 Semi-Automatic Espresso Machine and the AR-11G Blender, from November 20 to December 1, 2025 [1] - The AC21 Espresso Machine is priced at $359.99, down from the original price of $449.99, while the AR-11G Blender is available for $139.99, reduced from $174.99 [1] AC21 Semi-Automatic Espresso Machine - The AC21 features a smart tamping system that automates grinding, distribution, and tamping, simplifying the espresso-making process [3] - It eliminates the "channeling effect" caused by inconsistent manual pressure, ensuring balanced and richly extracted espresso with a smooth crema [4][5] - The machine includes an OPV intelligent pressure stabilization system and a 15-bar pressure pump, maintaining optimal extraction pressure at 9-bar for a rich espresso [6] - It offers dual-mode brewing: a cold brew mode that takes 2 minutes and 30 seconds and an espresso mode that adheres to professional standards [7] AR-11G Blender - The AR-11G blender utilizes advanced rapid cooling technology, allowing for the creation of smooth frozen beverages without ice, preserving flavor quality [7] - It features six intelligent preset modes for various beverages, including smoothies and iced coffee, and has a 6-hour timer for convenience [8] - The large-capacity design supports up to 68 ounces for cold beverages and 51 ounces for smoothies, suitable for gatherings or personal use [8] - The blender is user-friendly with a refill design, one-touch presets, and a self-serve dispensing handle, making it accessible for beginners [9]
Nokia introduces MantaRay SON to NTT DOCOMO’s multi-vendor 5G network
Globenewswire· 2025-11-25 02:00
Core Insights - Nokia collaborates with NTT DOCOMO to deploy MantaRay SON in Japan's multi-vendor 5G network, marking a significant advancement in automation and operational efficiency for 5G operations [1][6] - MantaRay SON addresses the complexity of 5G networks by automating routine operations, improving network quality, efficiency, and customer experience while reducing operational costs [2][3] - The integration allows for seamless automation of planning, provisioning, and verification processes, enhancing network performance and enabling closed-loop operations [3][4] Company and Industry Impact - The deployment of MantaRay SON is expected to enhance customer experience and operational efficiency for DOCOMO, aligning with their goal of achieving Level 4 autonomous network operations [4][6] - Nokia's MantaRay SON is a key component of its Service Management and Orchestration framework, leveraging AI to optimize network operations and support DOCOMO's open network initiatives [4][5] - The partnership signifies a shift towards more advanced, AI-driven automation in the telecom industry, with potential implications for cost savings and service quality improvements [4][6]
MoneyHero Group partners with InsureMO to expand digital insurance access in the Philippines
Globenewswire· 2025-11-25 02:00
Core Insights - MoneyHero Limited has announced a strategic partnership with InsureMO to enhance digital insurance offerings in the Philippines through its local brand Moneymax [1][3] - The Philippines has a low insurance penetration rate of approximately 2% of GDP, significantly below the regional average of 4-5%, indicating a substantial market opportunity [2] - The partnership aims to address the underserved motor insurance market, where only about 1 in 3 vehicles has comprehensive coverage [2] Company Overview - MoneyHero Limited operates as a tech- and AI-powered personal finance aggregation platform, providing consumers with tools to compare and choose financial products [6] - The company has a presence in multiple Asian markets, including Singapore, Hong Kong, Taiwan, and the Philippines, with a portfolio of brands including MoneyHero, SingSaver, Money101, Moneymax, and Seedly [6] - As of June 30, 2025, MoneyHero had over 270 commercial partner relationships and approximately 5.3 million monthly unique users [6] Partnership Details - The collaboration with InsureMO will utilize an API-driven platform to streamline the insurance purchasing process for Filipino households, enhancing access and convenience [3][5] - InsureMO's platform supports rapid deployment of new insurance products, allowing insurers to launch offerings via MoneyMax in a matter of weeks [7] - The partnership is expected to improve customer experience by providing real-time quotes and a broader selection of insurance products [7] Market Context - The partnership is positioned to capitalize on the growing demand for digital insurance solutions in the Philippines, where digital distribution can significantly enhance insurance access [5] - MoneyHero aims to replicate successful strategies from other Asian markets to scale its insurance vertical in the Philippines [5] - The initiative is supported by strategic relationships with key insurers in the region, enhancing operational control and customer acquisition capabilities [7]
Junshi Biosciences Announces Primary Endpoints Met in JS001sc’s Phase 3 Study for the 1ST-line Treatment of NSQ-NSCLC
Globenewswire· 2025-11-25 01:24
Core Insights - Junshi Biosciences announced that its JS001sc-002-III-NSCLC study has met its primary endpoints, indicating a successful Phase 3 clinical trial for its subcutaneous formulation of toripalimab in treating recurrent or metastatic non-squamous non-small-cell lung cancer (NSQ-NSCLC) [1][5] - The company plans to submit a new drug application (NDA) to regulatory authorities soon, aiming to enhance treatment accessibility and convenience for patients [1][6] Company Overview - Junshi Biosciences, founded in December 2012, is an innovation-driven biopharmaceutical company focused on discovering, developing, and commercializing novel therapies, with a diverse R&D pipeline of over 50 drug candidates [8][10] - The company has five therapeutic focus areas: cancer, autoimmune, metabolic, neurological, and infectious diseases, and has received approvals for five products in China and international markets [9][8] Clinical Study Details - The JS001sc-002-III-NSCLC study is a multi-center, open-label, randomized Phase 3 clinical trial led by Professor Lin WU from Hunan Cancer Hospital, marking the first Phase 3 study of a domestic anti-PD-1 monoclonal antibody subcutaneous formulation [4][7] - The study results showed that the drug exposure of JS001sc was non-inferior to that of the intravenous formulation, with comparable efficacy and safety profiles [5][6] Market Context - In 2022, China reported 1.06 million new lung cancer cases, with non-small-cell lung cancer (NSCLC) being the predominant subtype, accounting for approximately 85% of cases [2] - Immunotherapy, particularly anti-PD-1 monoclonal antibodies, has become a cornerstone treatment for various cancers, highlighting the urgent need for more convenient administration methods [3][6]
Ascentage Pharma Announces Publication of Olverembatinib Phase Ib Safety, Efficacy and Novel Mechanism Data in Gastrointestinal Stromal Tumors in Nature’s Signal Transduction and Targeted Therapy
Globenewswire· 2025-11-25 00:00
Core Insights - Ascentage Pharma announced promising results from a Phase Ib study of olverembatinib for treating succinate dehydrogenase (SDH) deficient gastrointestinal stromal tumors (GIST), marking it as the largest prospective clinical trial for this rare tumor subtype to date [2][4][9] Company Overview - Ascentage Pharma Group International is a global biopharmaceutical company focused on developing novel therapies for unmet medical needs in cancer [12] - The company has a diverse pipeline, including olverembatinib, a third-generation BCR::ABL1 inhibitor approved in China for specific types of chronic myeloid leukemia [13] Clinical Study Details - The Phase Ib study (NCT03594422) involved 66 patients, including 26 with SDH-deficient GIST, showing an objective response rate (ORR) of 23.1% and a clinical benefit rate (CBR) of 84.6% [4][5] - The median progression-free survival (mPFS) for patients with SDH-deficient GIST was reported at 25.7 months [4][9] Mechanism of Action - Olverembatinib was found to modulate lipid metabolism, inhibiting CD36 expression, which is linked to the uptake of exogenous lipids in tumor cells [6][7] - The study established a novel connection between SDH deficiency and lipid metabolism dysregulation, highlighting the drug's unique mechanism compared to traditional therapies [6][7] Future Directions - Ascentage Pharma plans to continue clinical development for olverembatinib, with ongoing studies to validate its efficacy and safety in SDH-deficient GIST patients [9][10] - The drug has received Breakthrough Therapy Designation from China's National Medical Products Administration for this indication [10]
Mesoblast Trading Update at Annual General Meeting Highlights Continued Strong Growth in Ryoncil® Revenue
Globenewswire· 2025-11-24 23:39
Core Viewpoint - Mesoblast Limited, a leader in allogeneic cellular medicines for inflammatory diseases, provided a trading update and operational overview during the Chief Executive's Annual General Meeting, highlighting significant revenue growth and ongoing development of its therapies [1][2]. Financial Performance - For the quarter ending December 31, 2025, Mesoblast expects gross revenue exceeding US$30.0 million from Ryoncil sales, marking a more than 37% increase from US$21.9 million in the previous quarter [2]. Product Overview - Ryoncil (remestemcel-L-rknd) is the first FDA-approved mesenchymal stromal cell therapy for treating steroid-refractory acute graft versus host disease (SR-aGvHD) in pediatric patients aged 2 months and older [4]. - The company is also developing Ryoncil for additional inflammatory diseases, including SR-aGvHD in adults and biologic-resistant inflammatory bowel disease [5]. Technology and Intellectual Property - Mesoblast has a robust global intellectual property portfolio with over 1,000 granted patents or applications, providing commercial protection until at least 2044 in major markets [6]. - The proprietary manufacturing processes yield industrial-scale, cryopreserved, off-the-shelf cellular medicines, ensuring availability to patients worldwide [7]. Global Presence - Mesoblast operates in Australia, the United States, and Singapore, and is listed on both the Australian Securities Exchange (MSB) and Nasdaq (MESO) [8].
Invest Green Acquisition Corporation Announces Pricing of $150 Million Initial Public Offering
Globenewswire· 2025-11-24 23:28
Core Points - Invest Green Acquisition Corporation announced the pricing of its initial public offering (IPO) of 15,000,000 units at a price of $10.00 per unit, with trading expected to begin on November 25, 2025 [1] - The company aims to focus on business combinations in the renewable energy, sustainable finance, and nuclear energy sectors, which are essential for the global clean energy transition [2] - Cohen & Company Capital Markets is acting as the lead book-running manager for the IPO, with an option for underwriters to purchase an additional 2,250,000 units [3] Company Overview - Invest Green Acquisition Corporation was formed to pursue mergers, amalgamations, share exchanges, asset acquisitions, and similar business combinations [2] - The company believes its management team's expertise will provide a competitive advantage in targeting industries crucial for sustainable and reliable energy supply [2] Offering Details - The IPO is expected to close on November 26, 2025, subject to customary closing conditions [1] - The offering will be made only by means of a prospectus, which will be available from Cohen & Company Capital Markets [4]
Maxim Power Corp. Announces Partial Settlement of Claim for Compensation Resulting in $6.5 million of Proceeds
Globenewswire· 2025-11-24 22:45
Core Points - Maxim Power Corp. has settled a portion of its claim for compensation related to a non-injury fire incident that occurred on September 30, 2022, resulting in a net settlement amount of approximately $6.5 million [1][2] - The settlement amount represents the maximum net amount available from the insurance policy of the settling third party, with the proceeds expected to be received in the fourth quarter of 2025 [1] - The company continues to pursue claims against remaining third parties, with the total insurance coverage for these parties being equivalent to the amount received from the current settlement [2] Company Overview - Maxim Power Corp. is one of Canada's largest independent power producers, focusing on power projects in Alberta [3] - The company's core asset is the 300 MW H.R. Milner Plant, which is a combined cycle gas-fired power plant that commenced operations in Q4 2023 [3] - Maxim is exploring additional development options in Alberta, including a permitted gas-fired generation project and a wind power generation project [3]
Novartis receives FDA approval for Itvisma®, the only gene replacement therapy for children two years and older, teens, and adults with spinal muscular atrophy (SMA)
Globenewswire· 2025-11-24 22:16
Core Viewpoint - Novartis announced the FDA approval of Itvisma (onasemnogene abeparvovec-brve) as the first and only gene replacement therapy for spinal muscular atrophy (SMA) in children aged two years and older, teens, and adults, addressing the genetic cause of the disease with a one-time fixed dose [2][3][6] Group 1: Product Details - Itvisma is designed to replace the mutated SMN1 gene, improving motor function and potentially reducing the need for chronic treatments associated with other therapies [2][7] - The approval is based on data from the Phase III STEER study and the Phase IIIb STRENGTH study, which showed significant improvements in motor function and stabilization over 52 weeks [3][7] - The most common adverse events reported were upper respiratory tract infections, pyrexia, common cold, and vomiting, with a consistent safety profile across studies [3][4] Group 2: Market Impact - Approximately 9,000 individuals in the US are affected by SMA, with unmet needs particularly among older children, teens, and adults [5] - The approval of Itvisma represents a significant advancement in SMA treatment, expanding access for a broader population and addressing ongoing unmet needs [4][6] Group 3: Company Commitment - Novartis aims to transform care for SMA by providing innovative, one-time therapies that empower patients of all ages [6][11] - The company has exclusive worldwide licenses for various gene replacement therapy delivery methods, enhancing its position in the SMA treatment landscape [10]