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PRA Health Sciences Announces Strategic Alliance between Symphony Health and Close-Up International

RALEIGH, N.C., Aug. 19, 2019 (GLOBE NEWSWIRE) — PRA Health Sciences (NASDAQ: PRAH) announced today that Symphony Health, the company’s data solutions division, has expanded its global data services by entering into a strategic partnership with Close-Up International, a leading Latin American-based provider of medical prescription and sales audits.

“The agreement with Close-Up represents a significant milestone in Symphony Health’s commitment to expanding our services internationally,” said Doug Fulling, President of Symphony Health. “The presence across up to a dozen geographies adds a critical component to Symphony’s offerings that will build and strengthen relationships for both organizations in the United States and Latin America. The data solutions and insights available through Symphony and Close-Up International will drive future drug development and commercialization strategies.”

This alliance officially brings together two global leaders with the unique experience, knowledge and insight to collaboratively work to bring innovative products, services, and solutions to the pharmaceutical and life sciences marketplace. The organizations will exclusively distribute one another’s retail and non-retail data in their respective geographies.

“As we build this alliance, we are focused on bringing greater value to our clients who operate in both of our geographies, helping them to achieve their business objectives while working with the leading providers of data solutions and insights,” stated Norberto Bonaparte, CEO and founder of Close-Up International. “We are committed to bringing innovative solutions to the market as part of this alliance that will benefit our clients’ growth strategies.”

PRA (NASDAQ: PRAH) is a full-service global contract research organization, providing a broad range of product development and data solution services to pharmaceutical and biotechnology companies around the world. PRA’s integrated services include data management, statistical analysis, clinical trial management, and regulatory and drug development consulting. PRA’s global operations span 90 countries across North America, Europe, Asia, Latin America, South Africa, Australia and the Middle East, and more than 16,000 employees. Since 2000, PRA has participated in more than 3,800 clinical trials. In addition, PRA has participated in the pivotal or supportive trials that led to U.S. Food and Drug Administration or international regulatory approval of more than 85 products. To learn more about PRA, please visit www.prahs.com.

INVESTOR INQUIRIES: InvestorRelations@prahs.com
Laurie Hurst, Director, Communications and Public Relations
HurstLaurie@prahs.com, +1.919.786.8435

A wholly owned subsidiary of PRA Health Sciences, Symphony Health is a leading provider of high-value data, analytics, and technology solutions for biopharmaceutical manufacturers, healthcare providers, and payers. The company helps clients understand disease incidence, prevalence, progression, treatment and influences along the patient and prescriber journeys by connecting and integrating a broad set of primary and secondary data, and providing health research, analytics and consulting expertise. Symphony Health derived data improves health management decisions, and helps clients drive revenue growth while providing critical insights on how to effectively adapt to the changing healthcare ecosystem. For more information about Symphony Health, please visit www.symphonyhealth.prahs.com.

Close-Up International is the creator of the first medical prescription audits of the pharmaceutical market in the world, having started in 1968 its expansion to all Latin American countries. The company was also the first launching in the region an automated CRM solution for medical promotion. Close-Up is currently a leading provider of prescription and sales data, advanced analytics and integrated technology solutions to pharmaceutical and consumer healthcare companies in Latin America. Close-Up International is the unique Latam service provider able to integrate an end-to-end solution evolving Promotion, Distribution and Sales on Retail and Non-Retail Markets, providing details on Market Dynamics, Payors, Therapies and it consolidates and integrates all the sales and prescriptions information of all the countries in the region through an advanced technological application (Regional Analyzer). A highly trained professional team and state-of-the art technology solutions with more than 950 active customers. Close-Up services help customers to evaluate business opportunities with data and technology solutions for each phase of the life-cycle of a product: launch planning, selection of medical target, measurement of promotional and commercial effectiveness, strategy and management of distribution channels, for retail, non-retail pharmaceutical markets. For more information about Close-Up International, visit www.close-upinternational.com

New Virtusa Study Finds Digital Customer Experience, Innovation, and Cost Reduction are Top Priorities for Banks

Independent study commissioned by Virtusa and produced by Finextra identifies the current Top Global Banking Technology Trends

SOUTHBOROUGH, Mass., Aug. 19, 2019 (GLOBE NEWSWIRE) — Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, today announced the findings from The Top Global Banking Technology Trends, a July 2019 research paper commissioned by Virtusa and conducted by Finextra. The paper highlights the key shifts in banks’ approach to their IT platforms over the last 18 months.

“This study with Finextra identifies the current trends in the banking industry and assesses the top focus areas for banks,” said Executive Vice President and Global Head of Transformation Services at Virtusa, Bob Graham. “The banking industry is undergoing a seismic shift that demands banks reinvent themselves. The study shows several trends accelerating over the past year including open banking, cloud, microservices, fintech partnerships, and the use of artificial intelligence and machine learning that are all driving banks to expand the frontiers of digital transformation.”

The research paper has inputs from over 100 banking executives, including C-level executives, vice presidents, and directors from global banks, regional banks, and fintechs from 25 countries across North America, Europe, and Asia Pacific.

According to the study, the market sentiment appears to be positive with budgets freeing up from regulatory compliance initiatives to spend on other programs such as innovation, measures to improve business efficiency, and new products and services. Further findings from the study include the following:

  • Digital customer experience (79%), innovation (45%), and cost reduction (46%) are the top three areas of expenditure
  • 87% of respondents said that their institution is evaluating or has already launched API-based services
  • 50% of respondents are building out a new, dedicated infrastructure for their mobile channels
  • 54% of respondents viewed blockchain for international payments as being of either the highest or a high priority; 44% was the similar figure for domestic payments
  • 86% of respondents have already adopted cloud, with a significant amount (38%) adopting hybrid solutions

The research paper also highlights that banks are now actively partnering with relatively small suppliers, seeking to use regulatory changes to drive new income streams and use new technologies like microservices, artificial intelligence, and blockchain to provide enhanced internal controls, security, and support new customer propositions.

According to the study, the use of APIs is not a new initiative, but regulations and compliance have driven their wider adoption. Banks are embracing their use to meet the expectations of their customers and match the competitive offerings of new entrants. Bank and fintech partnerships are emerging, and although there are challenges in working together, the survey results record 70% of respondents have at least one solution in production.

With over 25 years of industry experience, Virtusa has become the partner of choice for many leading banks and financial services firms. Virtusa supports clients to accelerate business transformation by leveraging digital technologies while driving operational excellence and cost efficiency within the organization. Virtusa supports leading global banking and financial services clients across North America, Europe, Asia Pacific, and Australia, including more than half of the top 30 global banks and many of the top national and regional institutions.

To access the full study, please visit: https://www.virtusa.com/lnd/top-global-banking-technology-trends/

To learn more about Virtusa’s Banking and Financial Services capabilities, visit: https://www.virtusa.com/industry/bfs/

To schedule a meeting at Sibos 2019, London; 23- 26 September 2019 and discuss the findings of the report, visit: www.virtusa.com/events/sibos2019/

About Virtusa Corporation

Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovation engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive business forward at unparalleled velocity enabled by a culture of cooperative disruption.

© 2019 Virtusa Corporation.  All rights reserved.

Virtusa, Accelerating Business Outcomes, BPM Test Drive, and Productization are registered trademarks of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.


Kavita Singh

Ron Favali
Conversion Marketing

Philips unveils HeartStart Intrepid with IntelliSpace Connect across Europe and select markets worldwide

August 19, 2019

Enhanced communication and seamless data sharing capabilities augment clinical and operational efficiencies for patient assessment across emergency care settings

Amsterdam, the Netherlands Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the launch of the HeartStart Intrepid monitor/defibrillator with IntelliSpace Connect. Created to provide clinical and operational efficiencies at every stage of the emergency care continuum, the solution lets caregivers evaluate and treat patients during the most demanding medical emergencies in both pre-hospital and hospital settings. The Philips HeartStart Intrepid monitor/defibrillator has received CE Mark approval and is available for sale in Europe and other select markets in Asia and Africa [1].

“First responders don’t often know what to expect when they arrive at the scene of an emergency, so they have to be equipped and ready to handle anything that may come up in the field,” said Arman Voskerchyan, Business Leader, Therapeutic Care at Philips. “A full range of monitoring capabilities and decision support tools let emergency staff quickly evaluate and treat patients in life-threatening situations. Enhanced connectivity between care settings helps to streamline communication and improve clinical workflow for caregivers, ultimately allowing them to provide patients with better care.”

The HeartStart Intrepid monitor/defibrillator can also be used across various emergency settings in the hospital, allowing clinicians to assess the patient and deliver the appropriate treatment, including defibrillation if a patient is suffering a sudden cardiac arrest. The cloud-based IntelliSpace Connect data management solution helps set the stage for coordinated care across the patient’s clinical care journey. IntelliSpace Connect supports the integration of emergency event data into electronic patient care reporting (ePCR) and electronic medical records (EMR/EHR) for accurate event documentation to facilitate billing, while secure data storage enables post-event review to drive quality improvement initiatives.

Designed to be lightweight, portable and rugged, the Philips HeartStart Intrepid can endure both the rigors of emergency medical service (EMS) use and the physical demands of the Emergency Department, as well intra-hospital transport. It offers comprehensive vital patient monitoring parameters and diagnostic measurements to speed triage and help clinicians determine the best course of care. To assist in the delivery of quality CPR, the Intrepid also offers the QCPR solution which provides integrated CPR feedback and guidance for both compressions and ventilations.   In addition, with the HeartStart Intrepid, Philips introduces the Traumatic Brain Injury (TBI) Advisory, a unique feature based on key patient vital sign assessment to provide visual guidance to help prevent serious complications in patients with suspected TBI.

IntelliSpace Connect can be accessed through a browser eliminating the need for specialized hardware and software upgrades. Powered by Philips HealthSuite, a secure and reliable cloud platform, IntelliSpace Connect provides a simple, cost-effective option for hospitals through a Software-as-a-Service model [2].

For information on how the solution can improve clinical workflow, simplify record keeping and enhance patient care, while also streamlining communication and collaboration, visit www.philips.com/intrepid.

[1] The HeartStart Intrepid with IntelliSpace Connect is not available for sale in North America.
[2] Not all features are available in all geographies.

For further information, please contact:

Kathy O’Reilly
Philips Group Press Office
Tel: +1-978-221-8919
Email: kathy.oreilly@philips.com
Twitter: @kathyoreilly

Joost Maltha

Philips Group Press Office
Tel: +31 6 10 55 8116
Email: joost.maltha@philips.com
Twitter: @joostmaltha

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2018 sales of EUR 18.1 billion and employs approximately 78,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Asst manager loses RM130,000 in Macau Scam

ALOR SETAR, A 40-year-old woman lost RM129,290 after being duped by a Macau Scam syndicate on Aug 7.

Kedah Commercial Crime Investigation Department head, Supt Annuar Amri Abd Muluf said the victim, an assistant manager of a steel mill in Kulim, had received a phone call from the suspect who identified himself as ‘Sergeant Chew’.

The victim was informed by the suspect that she had been involved in money laundering and would be arrested.

“However, the suspect told the victim that the matter could be resolved and asked the victim to list her bank accounts and asked the victim to transfer all her money to another account provided by the suspect,” he said in a statement here today.

According to Annuar Amri, the suspect also threatened the victim not to report the matter or she would be arrested and the case could not be resolved.

He said the panicked victim followed the instructions given by the suspect in which she made five transactions worth RM50,670, RM64,800, RM3,520, RM3,700 and RM6,600 into two accounts provided by the suspect between Aug 7 and 10.

All of the money was the victim’s savings for having worked in several factories. After the money was transferred, the suspect promised to return the money within three days of the ‘investigation’. However, after the three days, the suspect could not be reached, he said.

Sensing that she had been duped, the victim lodged a police report at the Kulim District Police Headquarters yesterday and the case was being investigated under Section 420 of the Penal Code for fraud.

Annuar Amri advised the public not to be deceived by calls from individuals who claimed to be the police or any law enforcement agency as the authorities do not conduct investigations by telephone and would not ask members of the public to transfer money to any account.

Annuar Amri said from Jan to July this year, 113 investigative papers involving the same modus operandi were opened in the state involving losses of RM2.9 million.

Source: BERNAMA (News Agency)

Strong Malaysia-Brunei bilateral relations due to mutual efforts, forward thinking – King

BANDAR SERI BEGAWAN (Brunei), The continuous efforts and forward thinking of the Malaysian and Brunei governments are the key factors behind the success of bilateral relations between the two countries.

Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah said bilateral relations between Malaysia and Brunei have existed for hundreds of years and are now expanding into various fields.

His Majesty said the annual consultative approach between the leaders of two countries was a strong manifestation of cooperation to ensure the sustainability of bilateral relations between Malaysia and Brunei.

This approach has been a pillar of cooperation between the two countries in discussing various issues to reach a decision that will benefit both Malaysians and the people of Brunei Darussalam.

Through this approach, the economic relationship between Malaysia and Brunei Darussalam is strengthened, he said at the Royal Banquet held at the Dewan Santapan Utama, Nurul Iman Palace here tonight.

The arrival of Sultan Abdullah and Raja Permaisuri Agong Tunku Hajah Azizah Aminah Maimunah Iskandariah at the banquet was welcomed by the Sultan of Brunei, Sultan Hassanal Bolkiah and his consort Raja Isteri Pengiran Anak Hajah Saleha.

Sultan Abdullah and Tunku Azizah arrived in Bandar Seri Begawan on Sunday for a three-day state visit to further strengthen the royal ties between the two countries that have been in existence for the past 35 years.

The visit to Brunei also marks the first state visit by their Majesties after Sultan Abdullah was installed as the 16th Yang di-Pertuan Agong on July 30.

Their Majesties’ visit also commemorates the historic visit of Sultan Abdullah’s father, the late Paduka Ayahanda Sultan Ahmad Shah, who was then the seventh Yang di-Pertuan Agong, who undertook his first state visit to Brunei on April 21, 1984, after the nation achieved its independence.

Sultan Abdullah said Brunei was Malaysia’s most active trading partner among ASEAN member countries.

Sultan Abdullah also said that cooperation in defence and security continued to be an important element in the two countries’ relationship, and Malaysia greatly appreciated the placement of Brunei’s security forces in the United Nations mission in Lebanon as well as in the international monitoring team in the southern of the Philippines.

In terms of the development of the ummah, Malaysia and Brunei’s efforts to help the fate of Muslims are seen as a shared responsibility.

All of these are the common values shared by Malaysia and Brunei Darussalam. They indirectly reflect the understanding of both countries in dealing with global issues, especially regarding the well-being of the nation, Sultan Abdullah said.

Based on their Majesties’ three-day state visit to Brunei, Sultan Abdullah expressed his pride in the rapid development in the country and it was the result of the Sultan of Brunei’s success in developing the country especially for the well-being of the people.

Earlier, Sultan Hassanal Bolkiah said Malaysia was one of Brunei’s biggest trading partners that would continue to contribute to the economic growth of both countries.

Through this close relationship, we have enjoyed a continuous network of cooperation in various fields, including trade, defence, security and education for mutual benefits, said Sultan Hassanal Bolkiah.

Source: BERNAMA (News Agency)

Sabah ready to forge ties with investors from neighbouring countries

KOTA KINABALU, The Sabah state government is ready to forge ties with foreign investors, particularly those from neighbouring countries, to jointly develop relevant industries, said chief minister Datuk Seri Mohd Shafie Apdal today.

He noted that such collaboration had the potential to mutually benefit Malaysia and the relevant neighbouring country, adding that in line with this, he had received a courtesy call from a delegation from the Malaysia Singapore Business Council (MSBC) which he viewed as a group which would play an important role in facilitating investments in Sabah.

Speaking to reporters after receiving the 30-member delegation at the Sabah State Administrative Centre here, Mohd Shafie said the visit was aimed at considering and viewing investments in the state in various sectors including oil and gas, tourism and agriculture.

He added that potential investments facilitated through the council would involve entrepreneurs with wide experience and who not only operated in Singapore but had worldwide investments including Latin America, Dubai and the Middle East.

MSBC (Malaysia) chairman Datuk Seri Dr Nik Norzrul Thani and MSBC (Singapore) chairman Robert Yap, as well as Sabah Economic Development and Investment Authority (SEDIA) chief executive officer Datuk Dr Mohd Yaakub Johari, were present during the visit.

Source: BERNAMA (News Agency)

King enjoys idyllic charm of Brunei’s ‘Venice’

BANDAR SERI BEGAWAN (Brunei), The beautiful, idyllic setting of Kampong Ayer here and the uniqueness of its architectural designs has won a fan in Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, who was left charmed by the famous settlement and its people during his visit there today.

His Majesty’s visit to the water village, popularly dubbed the ‘Venice of the East’, was part of the King’s itinerary in his three-day state visit to Brunei that began yesterday.

Located along the banks of the Brunei River, Kampong Ayer is now a major tourist attraction by being the world’s largest floating settlement that was first established more than 500 years ago.

The King enjoyed a river cruise on a ‘perahu tambang’ (traditional boat), which is the main mode of transportation to the settlement connecting some 13 villages with a total population of about 15,000 people.

His Majesty’s arrival was greeted by Kampong Ayer village chief, Ahmad Bujang, 73, who led the welcoming entourage which then accompanied the King for a visit to the settlement’s Tourism and Cultural Gallery.

Spending about an hour there, the King then dropped by the village chief’s home and mingled with the local folk.

His Majesty’s maiden visit was made more memorable when he was treated to a local cultural and traditional performance.

Earlier, Sultan Abdullah and the Raja Permaisuri Agong Tunku Hajah Azizah Aminah Maimunah Iskandariah visited the Royal Regalia Museum here.

During the visit, they were given a tour of the Royal Exhibits and the Silver Jubilee celebrations galleries. The Museum was officially opened by the Sultan of Brunei, Sultan Hassanal Bolkiah on Sept 30, 1992 to commemorate the Silver Jubilee celebrations of his rule of Brunei.

The museum has an architectural design that combines the Royal Malay-Islamic concepts and houses the regalia of the Sultan and the royalty of Brunei Darussalam.

In a separate itinerary, the Raja Permaisuri Agong visited the Handicraft and Cultural Training Centre in Kampong Subok here, where she toured, among others, the weaving, carving, keris and prayer beads divisions.

Tunku Azizah also paid a visit to the Girl Guides Association of Brunei Darussalam headquarters.

Source: BERNAMA (News Agency)