Rancho Santa Fe Bio, Inc. Enters into Worldwide Exclusive License Agreement with Sanofi for Ataciguat

SAN DIEGO and PARIS, June 17, 2021 (GLOBE NEWSWIRE) — Rancho Santa Fe Bio, Inc. (“RSF Bio” or the “Company”), a San Diego, California-based clinical-stage cardiovascular platform company, today announced that it has entered into an exclusive worldwide license agreement with Sanofi, a global biopharmaceutical company. This agreement provides RSF Bio with Sanofi’s rights to Ataciguat. With this license, RSF Bio will have the rights it needs to continue development of Ataciguat through clinical trials in the United States and potentially in select international countries.

Before signing this license agreement, RSF Bio entered into a worldwide exclusive license agreement in December 2019 with Mayo Clinic for the use of Ataciguat in the treatment of patients with calcific aortic valve stenosis (“CAVS”). Under that license, Mayo Clinic assigned to RSF Bio its US IND No. 119,829 along with additional patents, patent applications and know-how.

CAVS is a progressive disease that afflicts predominately the older populations with a prevalence of 2% in patients over the age of 55 years. Its prevalence increases with age to approximately 12% or higher in populations >75 years of age. (Osnabrugge et al., J Am Coll Cardiol. 2013 and Faggiano et al., Am J Cardiol. 2003). CAVS is characterized by hardening of the aortic leaflets, which progresses over years and is predominately due to a maladaptive process of calcium deposition in the valves. CAVS is often fatal within a few years from symptom onset, if untreated. Currently, no medical treatment has been proven to be effective, and the treatment of choice for severe disease is aortic valve replacement, either by surgical aortic valve replacement (“SAVR”) or transcatheter aortic valve replacement (“TAVR”). RSF Bio is currently in an advanced stage of development of a novel pharmaceutical treatment with the drug Ataciguat, building upon a Phase IIb clinical trial. RSF Bio is also in the early planning stages of studying application for Ataciguat in certain other uses and indications.

Sanofi originally investigated Ataciguat in numerous preclinical studies and conducted clinical trials with the drug involving over 1,000 patients in total for three different indications: (a) stable angina, (b) peripheral arterial disease and (c) neuropathic pain. Following a reprioritization of its research and development pipeline, Sanofi provided Ataciguat to the New Therapeutic Uses (“NTU”) program at the U.S. National Institutes of Health’s National Center for Advancing Translational Sciences Program (“NCATS”). This program is designed to encourage the application of repurposed drugs into other clinical trials. The laboratory of Jordan Miller, Ph.D., at Mayo Clinic focuses on mechanisms underlying the progression of calcium build-up in CAVS. He was awarded a grant through the NCATS program to conduct preclinical studies with Ataciguat in CAVS, followed by Phase I and Phase II clinical trials at Mayo Clinic.

“The NCATS New Therapeutic Uses program developed and disseminated innovative approaches to three-way collaborations between government, pharmaceutical companies and academic medical centers to accelerate treatment development,” said Christine Colvis, Ph.D., Director of Drug Development Partnership Programs at NCATS. “The negotiation process to set up collaborative research agreements is a bottleneck in the establishment of public-private partnerships. The NTU template legal agreements provided a strong launching point for the negotiations, speeding the process,” she added. “We are excited to see the goals of the program being realized through the successful progression of this project by RSF Bio to potentially Phase III clinical testing and the promise it holds to deliver better treatment options to patients suffering from CAVS.”

“We are pleased about the potential of Ataciguat and the benefit it may offer to people suffering from CAVS,” said Alban de La Sablière, Senior Vice President, Head of Sanofi Partnering.  “After a reprioritization of our portfolio, we made a decision to repurpose this asset with NCATS and Mayo Clinic for Phase I and Phase II clinical trials and now with RSF Bio in order to advance science and bring treatment options to patients with this unmet medical need.”

“This has been an exciting journey so far, from the support we received from NCATS, to our extensive interactions and close partnerships with Sanofi, and now continuing advancement of Ataciguat towards clinical use with RSF Bio,” says Dr. Jordan Miller, the Chair of the Scientific Advisory Board of RSF Bio. “I am confident that the RSF Bio team will continue the advancement of therapies for CAVS and investigating applications of Ataciguat in other indications.”

“We are excited about adding the Sanofi rights to those which we have already received from Mayo Clinic through its NCATS funding,” said Randy Berholtz, the Chair and Chief Executive Officer of RSF Bio. “We believe we now have all of the pieces necessary to move Ataciguat along to the next level of clinical trials in the United States and internationally. We are happy to work with Mayo Clinic Venture’s team and to have Dr. Miller as Chair of our Scientific Advisory Board. We look forward to collaborating with them and him on this effort involving Ataciguat in CAVS,” he continued.

About Ataciguat
Ataciguat is a novel anthranilic acid derivative that belongs to a structural class of sGC activators that can activate the oxidized form of sGC. Ataciguat has been developed through a collaboration involving Sanofi, NCATS and Mayo Clinic. Ataciguat has undergone extensive pre-clinical and clinical development including Phase I and Phase II clinical trials at Mayo Clinic for treatment of the progression of CAVS. The drug and its application in CAVS is now licensed to RSF Bio for further development through clinical trials and if successful, for future commercialization.

About Rancho Santa Fe Bio, Inc.
RSF Bio is a San Diego, California clinical stage cardiovascular platform company. RSF Bio has exclusively licensed from the Mayo Clinic and from Sanofi Ataciguat for the treatment of the progression of CAVS. RSF Bio is also involved in developing additional indications for Ataciguat, developing AVS biomarkers and in conducting research and development of additional small molecules drugs in the cardiovascular and other fields. RSF Bio’s website is www.rsfbio.com and for more information please contact the Company at info@rsfbio.com.

General Fusion to build its Fusion Demonstration Plant in the UK, at the UKAEA Culham Campus

New partnership between General Fusion and UKAEA is a landmark collaboration in the development of fusion, a technology for the world’s low-carbon future

General Fusion’s Demonstration Plant

A look at General Fusion’s planned Fusion Demonstration Plant at the UKAEA Culham Campus.

VANCOUVER, Canada and LONDON, UK, June 17, 2021 (GLOBE NEWSWIRE) — (BST) — The UK Atomic Energy Authority (UKAEA) and General Fusion have announced an agreement under which General Fusion will build and operate its Fusion Demonstration Plant (FDP) at UKAEA’s Culham Campus. General Fusion will enter into a long-term lease with UKAEA following construction of a new facility at Culham to host the FDP. The FDP will demonstrate General Fusion’s proprietary Magnetized Target Fusion (MTF) technology, paving the way for the company’s subsequent commercial pilot plant. General Fusion will benefit from the cluster of fusion supply chain activities in the UK, centered on UKAEA’s globally recognized expertise and presence in the field.

Amanda Solloway, Science Minister for UK Government said: “This new plant by General Fusion is a huge boost for our plans to develop a fusion industry in the UK, and I’m thrilled that Culham will be home to such a cutting-edge and potentially transformative project. Fusion energy has great potential as a source of limitless, low-carbon energy, and today’s announcement is a clear vote of confidence in the region and the UK’s status as a global science superpower.”

The Fusion Demonstration Plant at Culham is the culmination of more than a decade of advances in General Fusion’s technology, and represents a major milestone on the company’s path to commercialization. The Fusion Demonstration Plant will verify that General Fusion’s MTF technology can create fusion conditions in a practical and cost-effective manner at power plant relevant scales, as well as refine the economics of fusion energy production, leading to the subsequent design of a commercial fusion pilot plant. Construction is anticipated to begin in 2022, with operations beginning approximately three years later.

General Fusion and UKAEA intend to collaborate on a range of fusion energy technologies for power plant design and operation.

“Coming to Culham gives us the opportunity to benefit from UKAEA’s expertise,” stated Christofer Mowry, CEO, General Fusion. “By locating at this campus, General Fusion expands our market presence beyond North America into Europe, broadening our global network of government, institutional, and industrial partners. This is incredibly exciting news for not only General Fusion, but also the global effort to develop practical fusion energy.”

The Culham Campus, the home of the UK’s national fusion research programme, is owned and managed by UKAEA, widely recognized as a world leader in fusion energy development and innovation.

“This is a great development for UKAEA, very much in line with our mission to lead the development of sustainable fusion energy, and builds on our long heritage of hosting major fusion facilities such as the Joint European Torus,” said Ian Chapman, CEO of UKAEA.

About General Fusion
General Fusion’s mission is to pursue the commercialization of fusion energy based on its proprietary Magnetized Target Fusion technology. The company is based in Vancouver, Canada, with locations in Washington, D.C., and London, U.K. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. General Fusion’s partnership with the UKAEA coincides with an expansion of the company’s global headquarters and research facilities in Vancouver, Canada, and a growing presence in the United States.

Twitter: @GeneralFusion         More information: www.generalfusion.com

Media contact:
Grace Peach
Director, Marketing and Communications
General Fusion
Email: media@generalfusion.com
Phone: 1-866-904-0995

About UK Atomic Energy Authority
The UK Atomic Energy Authority (UKAEA) carries out fusion energy research on behalf of the UK Government at Culham Science Centre near Oxford. UKAEA oversees Britain’s fusion programme, headed by the MAST Upgrade (Mega Amp Spherical Tokamak) experiment. It also hosts the world’s largest fusion research facility, JET (Joint European Torus), which it operates for European scientists under a contract with the European Commission.

Fusion research at Culham is funded by the Engineering & Physical Sciences Research Council (EPSRC) and by the European Union under the EURATOM treaty.

Twitter: @UKAEAofficial         More information: www.gov.uk/ukaea

Media contact:
Nick Holloway
UKAEA Media Manager
nick.holloway@ukaea.uk

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/10dddd6f-2034-4cca-98b8-be66f10b601b

Synchronoss Announces CFO Transition Plan

Company Reaffirms Fiscal Year 2021 Guidance

BRIDGEWATER, N.J., June 16, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced a CFO transition plan with current Chief Financial Officer (CFO) David Clark stepping down from his role on August 9, 2021, to pursue other personal and career interests. Clark’s transition is unrelated to the Company’s financial reporting and business performance, and the Company is reaffirming 2021 guidance previously provided on May 10, 2021, in parallel with today’s announcement. Clark was appointed CFO in August 2018.

Commenting on Clark’s departure, Jeff Miller, President and CEO of Synchronoss, said: “I’ve enjoyed working alongside David and thank him for his commitment to the Company. David joined Synchronoss to make enhancements to our operational controls and reporting. During his tenure he has helped Synchronoss navigate successfully through significant improvements in management of operating expenses and implementation of financial governance and controls. I firmly believe his contributions have positioned us for future growth and success. On a personal note, I wish him only the best with his future endeavors and appreciate his support during this leadership transition.”

An executive search for Clark’s replacement is currently underway. He will remain in his current role until his departure date and will support Synchronoss as it transitions the CFO role to a successor.

About Synchronoss
Synchronoss Technologies (NASDAQ: SNCR) builds software that empowers companies around the world to connect with their subscribers in trusted and meaningful ways. The company’s collection of products helps streamline networks, simplify onboarding and engage subscribers to unleash new revenue streams, reduce costs and increase speed to market. Hundreds of millions of subscribers trust Synchronoss products to stay in sync with the people, services and content they love. That’s why more than 1,500 talented Synchronoss employees worldwide strive each day to reimagine a world in sync. Learn more at www.synchronoss.com

Forward-Looking Statements

This press release includes statements concerning Synchronoss and its future expectations, plans and prospects that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “believes,” “potential” or “continue” or other similar expressions are intended to identify forward-looking statements. Synchronoss has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions including, without limitation, risks relating to the Company’s ability to sustain or increase revenue from its larger customers and generate revenue from new customers, the Company’s expectations regarding expenses and revenue, the sufficiency of the Company’s cash resources, the Company’s growth strategies, the anticipated trends and challenges in the business and the market in which the Company operates, the Company’s expectations regarding federal, state and foreign regulatory requirements, the pending lawsuits against the Company described in its most recent SEC filings, and other risks and factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, which are on file with the SEC and available on the SEC’s website at www.sec.gov. The company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

Media Contacts

For Synchronoss:
Anais Merlin, CCgroup UK
Diane Rose, CCgroup US
E: synchronoss@ccgrouppr.com

Investor Contact
For Synchronoss: Todd Kehrli/Joo-Hun Kim, MKR Investor Relations, Inc., E: investor@synchronoss.com

Nikkiso Cryogenic Services ประกาศว่า Asas Aljood (ซาอุดิอาระเบีย) จะเป็นผู้ให้บริการที่ได้รับอนุญาต

เทเมคูลา, แคลิฟอร์เนีย, June 17, 2021 (GLOBE NEWSWIRE) — Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (ต่อไปนี้ขอเรียกว่า “กลุ่ม”) บริษัทในเครือ Nikkiso Co., Ltd (ประเทศญี่ปุ่น) ภูมิใจที่จะประกาศว่าพวกเขาได้ลงนามในข้อตกลงเพื่อให้ Asas Aljood เป็นผู้ให้บริการที่ได้รับอนุญาตสำหรับ Nikkiso Cryogenic Services (NCS) ในราชอาณาจักรซาอุดิอาระเบีย

ด้วยการเติบโตของตลาดตะวันออกกลาง ข้อตกลงนี้จะช่วยให้กลุ่มเป็นที่รู้จักอย่างกว้างขวางในภูมิภาคของตนในด้านก๊าซสำหรับอุตสาหกรรม ไฮโดรเจน การแปรรูปก๊าซธรรมชาติและอุตสาหกรรมปิโตรเคมี ตั้งแต่วันที่ 1 กรกฎาคม 2021 เป็นต้นไป Asas Aljood จะใช้การประชุมเชิงปฏิบัติการในพื้นที่ของตนเพื่อส่งมอบบริการหลังการขายและการสนับสนุนสำหรับทั้งปั๊มและตัวขยายเทอร์โบ รวมถึงการบรรจุ การซ่อมแซม อะไหล่ และบริการภาคสนาม

Asas Aljood ตั้งอยู่ในเมืองดัมมาม จะให้บริการเพื่อให้ธุรกิจเป็นที่รู้จักมากขึ้นกว่าเดิมในภูมิภาคของเรา นอกเหนือจากการดำเนินงานในตะวันออกกลางของกลุ่มในเมืองชาร์จาห์ (UAE)

“ความร่วมมือครั้งใหม่นี้ระหว่าง Nikkiso และ Asas Aljood ทำให้เราเป็นที่รู้จักมากยิ่งขึ้นระดับภูมิภาคในซาอุดิอาระเบีย และเสริมความสามารถของเราในการให้บริการตลาดตะวันออกกลางได้ดียิ่งขึ้น” Jim Estes ประธานของ Nikkiso Cryogenic Services กล่าว “ผมหวังว่าจะยังคงให้บริการและการสนับสนุนที่มีคุณภาพสูงสุดแก่ลูกค้าของ Nikkiso ต่อไปโดยขจัดการขัดข้องของระบบที่มีค่าใช้จ่ายสูงในการดำเนินงานและกระบวนการของพวกเขา”

Asas Aljood เป็นผู้ให้บริการชั้นนำด้านบริการสนับสนุนและบำรุงรักษาในอุตสาหกรรมน้ำมันและก๊าซ ปิโตรเคมีและพลังงาน เป็นต้น

เกี่ยวกับ CRYOGENIC INDUSTRIES
Cryogenic Industries, Inc. (ปัจจุบันเป็นสมาชิกของ Nikkiso Co., Ltd.) บริษัทสมาชิกผลิตอุปกรณ์แปรรูปก๊าซไครโอเจนทางวิศวกรรมและโรงงานที่มีกระบวนการขนาดเล็กสำหรับก๊าซธรรมชาติเหลว (LNG), บริการที่ดีและอุตสาหกรรมก๊าซสำหรับอุตสาหกรรม Cryogenic Industries ก่อตั้งขึ้นเมื่อ 50 ปีที่แล้ว เป็นบริษัทแม่ของ ACD, Cosmodyne และ Cryoquip และเป็นกลุ่มที่ควบคุมโดยทั่วไปซึ่งมีหน่วยงานปฏิบัติการประมาณ 20 แห่ง

สำหรับข้อมูลเพิ่มเติม โปรดไปที่ www.nikkisoCEIG.com และ www.nikkiso.com

ติดต่อด้านสื่อ:

Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

 

Vaccination for 1.2 mln Kelantan residents expected to be completed by October – Khairy

The government anticipates that the vaccination of about 1.2 million residents in Kelantan will be completed by October, said National COVID-19 Immunisation Programme Coordinating Minister Khairy Jamaluddin.

He said it was based on the state government’s target of administering 30,000 doses of COVID-19 vaccine a day, next month.

“We will also provide another 550,000 doses of vaccine to Kelantan next month (July) thus enabling the state to increase the administration rate to 30,000 doses a day or at least 20,000 (doses) a day,” he said.

He said this at a press conference after attending the State-Level COVID-19 Immunisation Task Force Meeting with Kelantan Menteri Besar Datuk Ahmad Yakob at the Darulnaim Complex here today.

Khairy said he was confident that the target could be achieved following the positive development of the immunisation programme, including the vaccination outreach programmes.

“The daily vaccination rate in Kelantan is now increasing to 12,000 (doses). Congratulations to Kelantan for the implementation of the various outreach programmes to facilitate vaccination for the residents especially senior citizens,” he said.

To date, 42 per cent of Kelantan’s eligible population have registered for the COVID-19 vaccination.

Kelantan will also set up five more vaccination centres (PPV), one each in Kota Bharu, Bachok, Pasir Mas, Machang and Kuala Krai.

Source: BERNAMA News Agency

Malaysia shares initiatives to address COVID-19 impact at 109th ILC

Malaysia shared the initiatives implemented in addressing the impact of the COVID-19 pandemic, at the 109th session of the International Labour Conference (ILC), which is held virtually from June 3 to 19.

Human Resources Minister Datuk Seri M. Saravanan who is representing Malaysia at the conference said he delivered a statement that touched on the country’s economic stimulus packages during the plenary session at around 7 pm yesterday.

These include the Wage Subsidy Programme that has successfully rescued 4.7 million workers and up to half a million employers, as well as the ministry’s latest initiative, namely the Working for Workers (WFW) mobile application, he said.

He added that over 3,000 complaints were received since the launch of the application on May 3, 2021, with over 1,700 complaints had been acted upon by the ministry.

In a statement in conjunction with the ILC today, Saravanan said he also stressed the importance of cooperation at the international level aside from the need for continuous social dialogue to discuss labour-related issues.

According to Saravanan, this year’s conference would be held in two sessions, with the first session from June 3 till 19, while the second session is expected to take place in November.

The ILC is an annual event that aims to discuss and make decisions on issues related to international labour standards and other matters pertaining to social and labour issues.

Saravanan said during the first ILC session, Malaysia also took part in the Recurrent Discussion Committee on Social Security (CDR) and COVID Response Committee (CRC).

The CDR’s draft summary consists of measures to promote universal social protection and the International Labour Organisation’s (ILO) support to achieve the goal, while the CRC finalises a document entitled “A Global Call to Action for a Human Centered Recovery from the COVID-19 Crisis that is Inclusive, Sustainable and Resilient” to be presented for adoption by all ILO member countries.

Source: BERNAMA News Agency

Kelantan to receive CanSino vaccine for residents in the interior

The government will be supplying CanSino vaccine to Kelantan in July to vaccinate residents living in the interior including Orang Asli.

National COVID-19 Immunisation Programme Coordinating Minister Khairy Jamaluddin however said the total vaccine to be distributed to Kelantan will be announced later after the government had acquired the vaccine next month.

“The one-dose vaccine is important to facilitate the authorities in vaccinating residents in the interior including Orang Asli in Gua Musang, Kuala Krai and so on, as there is no need to enter the areas twice,” he said.

He was speaking at a media conference with Kelantan Menteri Datuk Ahmad Yakob after the Kelantan COVID-19 Immunisation Task Force meeting at Kota Darulnaim Complex here today.

Earlier Health director-general, Tan Sri Dr Noor Hisham Abdullah was reported as saying the CanSino and Johnson & Johnson (J&J) vaccines which only needed one dose, have been approved for conditional registration for emergency use.

Dr Noor Hisham said the approval was given at the 359th meeting of Drug Control Authority (DCA) two days ago.

Asked on the government’s strategy to achieve 80 per cent herd immunity by the end of the year, Khairy said vaccination centres (PPV) nationwide would be opened to walk-in individuals after those who had registered received their vaccine jabs.

“We are confident that after dispensing to all those who have registered for appointment (vaccine shot), we will open the PPV to walk-in individuals fo example in Kuala Lumpur,” he said.

He said through the approach, the authorities are expecting the process of vaccination to be expedited to achieve the government’s target of 80 per cent herd immunity by the end of the year or earlier.

“Under the ‘walk-in’ concept, those who have not registered could walk-in for an appointment at the PPV,” he said.

Source: BERNAMA News Agency