PRESTIGE BIOPHARMA AND INTAS PHARMACEUTICALS ANNOUNCE PARTNERSHIP TO COMMERCIALIZE BEVACIZUMAB BIOSIMILAR IN THE US, EUROPE, CANADA, MENA, BRAZIL, MEXICO, SOUTH AFRICA, CIS AND THE SEA COUNTRIES

SINGAPORE, July 27 (Bernama-BUSINESS WIRE) -- Prestige Biopharma Limited (KRX: 950210, hereafter referred to as “Prestige”) and Intas Pharmaceuticals Limited (hereafter referred to as “Intas”) today announced that the two companies have entered into a binding agreement for the exclusive partnership and supply for the commercialization of Prestige Biopharma’s bevacizumab biosimilar, in the US, Europe, Canada, MENA, Brazil, Mexico, South Africa, Thailand, Vietnam, Philippines, Malaysia, Singapore, Indonesia, Kyrgyzstan and Tajikistan.

Prestige’s bevacizumab (HD204) is a mAb biosimilar to Roche’s Avastin^®, an inhibitor of vascular endothelial growth factor (VEGF), which is used in combination with other therapies to treat patients with multiple forms of cancer including metastatic colorectal cancer, advanced non-small-cell lung cancer, advanced kidney cancer, certain types of epithelial cancers and cancers of the cervix. HD204 is currently in Phase III clinical development (SAMSON-II) and the US and EU filing is planned next year. Positive results were previously reported from the Phase I clinical trial (SAMSON-I) which evaluated the pharmacokinetics, safety and immunogenicity of HD204 to Avastin^®.

The partnership arrangement includes the exclusive rights for Intas and its affiliate Accord Healthcare that will commercialize the bevacizumab biosimilar in the US, Europe, Canada, MENA, Brazil, Mexico, South Africa, Thailand, Vietnam, Philippines, Malaysia, Singapore, Indonesia, Kyrgyzstan and Tajikistan, leveraging their strong sales and marketing capabilities and experience in successfully bringing new biosimilars to market. As one of the key players in the global biosimilar market, Accord has a longstanding commitment to oncology with proven commercial capabilities and it currently supplies around one in three injectable oncology medicines in Europe.

This collaboration represents the successful execution of the company’s strategy to expand its market reach in Europe and Canada leveraging Accord’s strong global footprint and deep commercial expertise. The global sales of bevacizumab including its biosimilars were recorded at USD 6.4 billion^¹) last year and the market is expected to continue growing. Prestige’s HD204 with excellent cost competitiveness based on the company’s proprietary bevacizumab production technology will be providing affordable access to more patients in need. 

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TRIP.COM AND CTRIP CELEBRATE THE RETURN OF TRAVEL BY ANNOUNCING THEIR STRATEGIC PARTNERSHIP WITH HYLINK DIGITAL

Hylink offers full-service advertising through its Travel + Travel Retail practice, Hylink Travel, will offer travel brands exclusive opportunities and resources on the Trip.com and Ctrip platform through our partnership

LOS ANGELES, July 28 (Bernama-GLOBE NEWSWIRE) -- Hylink Digital (Hylink), a 30-year award-winning full-service global agency, was announced as the official strategic partner of Trip.com and Ctrip for the Americas (North and South America). This marks the first of its kind between an advertising agency and an international online travel agency.

As tourism returns, destination marketers, travel brands and travel marketers can expect not only more value from their existing services, but also better rates and exclusive access to inventory and content creation through this partnership.

“We have always had a deep relationship with Hylink, and this particular partnership is very timely as global travel resumes. We anticipate seeing a full recovery within the global travel center,” says Edison Chen, General Manager of Trip.com and Ctrip Partnerships.

In this historic year for travel, it is evident that the travel industry is changing, and the future of travel will look like partnerships like this one. “Trip.com's business model works across all industries that intersect with travel, be it travel tourism, destination marketing, travel retail, healthcare, education, or travel brands,” says Humphrey Ho, Managing Partner, Americas at Hylink Digital.

Trip.com Group Limited
Website: https://us.trip.com/?locale=en_us
Facebook: https://www.facebook.com/Trip/
Instagram: https://www.instagram.com/trip/
Twitter: https://twitter.com/Trip/
WeChat: https://pages.trip.com/images/social-media/wechatQRCode.png
YouTube: https://www.youtube.com/c/TripOfficial

Hylink Digital
Website: https://hylinkgroup.com/
Instagram: https://www.instagram.com/hylinkdigital/?hl=en
Twitter: https://twitter.com/hylinkdigital
LinkedIn: https://fr.linkedin.com/company/hylink

About Trip.com Group
Trip.com Group Limited, formerly Ctrip.com International, is a Chinese multinational online travel company that provides services including accommodation reservation, transportation ticketing, packaged tours and corporate travel management.

Trip.com is A NASDAQ listed company since 2003 (NASDAQ: TCOM) with more than 1.4 million hotels in 200 countries and regions and a far-reach flight network of over 2 million flight routes connecting more than 5,000 cities around the world. The agency has built an extensive hotel and flight network that gives customers an array of global options.

About Hylink Digital Solutions
Hylink Digital (Hylink) is a fully integrated independent international advertising and communications agency with more than 20 offices worldwide and an American headquarters both in Los Angeles, California and in New York, New York. Ranked #1 Digital Agency by China Internet (CI) Weekly Magazine for 14 consecutive years in a row between 2008-2021. Hylink has also been a multi-year Effie China award recipient for Most Effective Independent Agency Network of the Year and was identified as a fastest growing agency by Adweek in 2021. Hylink Digital has won 32 awards at the 2021 Interactive Creative & Media Marketing Awards (formerly the Modern Advertising Awards).

Hylink comprises industry-leading units in the following disciplines: digital media, interactive creative, programmatic, SEM, content marketing and investment, EPR/social, research, and insights. Hylink services Fortune Global 500 companies, from both headquarters in China and the U.S., and has supporting offices globally. For more information, visit www.hylinkgroup.com, or follow Hylink on LinkedIn or Twitter at @hylinkdigital.

Media Contact: Alana Reid
Name: Alana Reid
Email: alana.reid@hylinkgroup.com  

Source: Hylink Digital 

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ExpensiCon, world's exclusive accounting & fintech festival to be in Italy in 2023

KUALA LUMPUR, July 27 (Bernama) -- Expensify Inc, a payments superapp that helps individuals and businesses worldwide simplify the way they manage money, has announced the return of the world’s only accounting and fintech festival, ExpensiCon, to be held in Puglia, Italy on May 18-22, 2023.

The event will see the gathering of an exclusive group of world-class accountants and fintech titans for five days of community building, thought leadership, networking and roundtable sessions, as well as VIP events.

“ExpensiCon is how we share our motto 'Live Rich, Have Fun, and Save The World' with our top partners and industry thought leaders to build a new type of community that’s laser-focused on the future,” said Expensify founder and chief executive officer, David Barrett in a statement.

Attendees and their guests will also experience the beauty of Puglia on curated relationship-building excursions throughout the region that feature pasta making, yacht tours, and more.

Previous ExpensiCons in Bora Bora and Maui included attendees from PricewaterhouseCoopers and Deloitte, and featured fireside chats with Travis Kalanick of Uber, Zach Nelson of NetSuite, and Rod Drury of Xero.

-- BERNAMA

UPGRAD MERGES HARAPPA EDUCATION TO ESTABLISH LEADERSHIP IN ENTERPRISE LEARNING IN INDIA

ATLANTA, July 25 (Bernama-BUSINESS WIRE) -- upGrad, Asia’s largest integrated higher Edtech major has announced a 100% merger of Harappa Education at a value of USD 38 million (INR 300 crores). Harappa will clock USD ~10 million( INR 75 crores) in Revenue this year. upGrad closed this transaction with present Harappa shareholders - Bodhi Tree Systems, (a newly formed platform between James Murdoch & Uday Shankar) and Co-founders Pramath Raj Sinha & Shreyasi Singh. All of them join the upGrad Cap table.

Co-founded by Pramath Raj Sinha, also the Founding Dean of the Indian School of Business (ISB) and the Founder Trustee of Ashoka University, and Shreyasi Singh, ex-editor of India Inc, the New Delhi-based online learning institution offers self-paced courses to address the spiralling problem of poor employability, inadequate leadership and an ill-equipped workforce. Harappa has an active clientele of 100 mid-large sized organizations.

“Similar to the integrated approach that we have been able to achieve in the B2C segment, we intend to offer a complete suite of products to our enterprise partners. A combination of upskilling courses along with these critical skills that Harappa has to offer would set us apart. We see strong demand from our clients and with Harappa coming in, we believe we'll be able to grow exponentially within the segment as we cross-leverage the synergies. Pramath and Shreyasi come with a strong business legacy, which in turn, further fuels our ambition of becoming the global edtech leader,” said Ronnie Screwvala & Mayank Kumar, Co-founders of upGrad.

Commenting on the development, Pramath Raj Sinha and Shreyasi Singh, Founders of Harappa Education, said, “Consolidations get like-minded entrepreneurs together to build powerful, inspired formations. We are delighted to expand on the immense potential of our unique curriculum of social, cognitive and behavioral skills, with Ronnie and Mayank, who have created such an exciting global company. As a combined force, Harappa and upGrad will anchor our purpose and conviction to create a truly wholesome learning ecosystem for lifelong learners in India and abroad, with our time-tested pedagogy, flagship programs and rich partnerships to guarantee unmatched outcomes for our learners and clients.”

EY acted as the advisor for Harappa on the transaction. 

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Alsym Energy, Synergy Marine, Nissen Kaiun to jointly develop batteries for marine use

 

Synergy Marine Group plans to use Alsym Energy batteries on many of its ships, which dock at ports around the world, including the Port of Long Beach, pictured here. Photo Credit: Port of Long Beach

KUALA LUMPUR, July 21 (Bernama) -- Battery maker Alsym™ Energy and Synergy Marine will collaborate with Japan’s Nissen Kaiun to jointly develop applications specific to the marine shipping industry using Alsym’s high-performance, low-cost technology.

Singapore-based Synergy Marine is a leading global ship management services provider managing more than 500 vessels while Alsym is a developer of next-generation rechargeable batteries.

“Synergy Marine is on the cutting edge of technology in the maritime sector, and we are honoured to be part of their journey to work with owners in their transition away from fossil fuels,” Alsym Energy president and chief executive officer Mukesh Chatter said in a statement.

 “By manufacturing batteries from low-cost, readily available materials that are inherently non-flammable and non-toxic, we are providing an economically-viable way to help them decarbonise while also lowering operating expenditures and insurance costs associated with lithium and cobalt-based battery technologies,” Mukesh said.

Alsym will provide Synergy and Nissen Kaiun with one gigawatt of batteries per year for three years starting in the company’s first year of high-volume production, conditional on the battery systems meeting key performance levels and regulatory requirements specific to cargo ships and tankers. 

The statement said Alsym’s batteries may be used to propel cargo ships and tankers as they enter and leave port, power berthed ships, and support peak shaving applications at sea.

The company plans to start pilot manufacturing its non-flammable batteries for electric vehicles, ships, and stationary storage later this year at its facility in Massachusetts, with high-volume production expected to follow in 2025.

By using low-cost, inherently non-flammable raw materials with robust global supply chains, Alsym’s aims to provide batteries at a fraction of the cost of lithium-based technologies, making electrification both safe and economically viable. 

More details at www.alsym.com.

-- BERNAMA

Yohji Yamamoto Inc unveils fashion, interior and lifestyle project

KUALA LUMPUR, July 21 (Bernama) -- Online fashion company Yohji Yamamoto Inc has launched a conceptual project known as Wildside Yohji Yamamoto on July 20, 2022 offering art, interior design and lifestyle products besides fashion.

With black as its concept colour -- the symbol of Yohji Yamamoto -- the unisex collection offers modern customisation and functionality divided into three main themes -- military, work and sports -- along casual lines. 

As for its artsy propositions, the project collaborates with galleries and artists with a close affinity with the company.

The online platform also features interviews and articles with collaborating brands under its “content” category. 

Yohji Yamamoto Inc will be releasing content from time to time to add flavour to the platform. The company plans to open a flagship store in Japan in the autumn of 2022 to have omni-channel operations.

More details at https://wildside-online.com/

-- BERNAMA

Online payment fraud losses to exceed US$343 bln globally over the next 5 years - Juniper Research

KUALA LUMPUR, July 12 (Bernama) -- A new study from Juniper Research has found cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed US$343 billion. (US$1 = RM4.433)

Online payment fraud includes losses across the sales of digital goods, physical goods, money transfer transactions and banking, as well as purchases like airline ticketing. Fraudster attacks can include phishing, business email compromise and socially engineered fraud.

The research found that in order to combat rising fraud, fraud prevention vendors must orchestrate the right mix of verification tools, at the most effective point in the customer journey, to best protect users, but this will require significant capabilities to achieve.

Report author Nick Maynard, who is Juniper Research head of research, explained in a statement: “Fundamentally, no two online transactions are the same, so the way transactions are secured cannot follow a one-size-fits-all solution.

“Payment fraud detection and prevention vendors must build a multitude of verification capabilities, and intelligently orchestrate different solutions depending on circumstances in order to correctly protect both merchants and users.”

The research identified physical goods purchases as the largest single source of losses; accounting for 49 per cent of cumulative online payment fraud losses globally over the next five years, and growing by 110 per cent. 

Lax address verification processes in developing markets are a major fraud risk, with fraudsters targeting physical goods specifically, due to their resell potential.

As such, it recommends merchants adopt strong anti-fraud measures, including multiple sources of address verification and multi-factor authentication to reduce fraudulent incidents for physical goods merchants.

Juniper Research provides research and analytical services to the global hi-tech communications sector, providing consultancy, analyst reports and industry commentary.

-- BERNAMA

SCRUT AUTOMATION LAUNCHES 'TRUST VAULT', AN INTEGRATED OFFERING ON ITS GRC PLATFORM

The new product will help customers prove their commitment to security

• Trust Vault is designed to help companies demonstrate real-time information security and compliance controls to customers and partners.
• It enables the organisation’s ability to prove its commitment to information security to its customers and partners, reducing time spent in security reviews by ~75%, and accelerating sales cycles.

BENGALURU, India, July 8 (Bernama-BUSINESS WIRE) -- Scrut Automation, APAC’s leading information security (infosec) compliance automation platform, launched a new product called Trust Vault as an integrated offering to its smart GRC platform. Trust Vault is a unique offering in the compliance automation space and the first of its kind in the APAC region, that provides a transparent and public view of an organisation's security controls. It improves the organisation’s ability to prove its commitment to information security, reduces time spent in security reviews by ~75%, and accelerates sales cycles.

This press release features multimedia. View the full release here: 
https://www.businesswire.com/news/home/20220706005913/en/

 

The Trust Vault is built to reduce the hassle of manually updating security details, and eliminates the need to build and maintain a dedicated security page. With this offering an organization can:

• Embed a customizable Trust Vault page on their website, aligned with its brand identity
• Display relevant security certifications, attestations, reports on its website
• Provide NDA-backed gated access to detailed reports
• Showcase real-time status against various security controls

"For SaaS companies, particularly the ones serving enterprise customers, building trust is critical. But building trust is hard, time-consuming, and honestly, painful, as it often involves answering multiple lengthy security questionnaires and sharing various artifacts on demand," said Aayush Ghosh Choudhury, Co-Founder & CEO, Scrut Automation. "With Trust Vault, our goal is to enable SaaS companies to build trust on day one of the engagement and to use it as a lever to differentiate from their competitors."

For more on the Trust Vault, Powered by Scrut Automation, please visit their blog post.

About Scrut Automation

Scrut Automation is a smart and radically simple Governance, Risk and Compliance automation platform for growing startups and mid-market enterprises. With Scrut, Compliance teams can reduce ~70% of their manual effort in continuously maintaining compliance towards SOC 2, ISO 27001, GDPR, PCI DSS and privacy laws like HIPAA, GDPR, CCPA. To learn more about Scrut Automation and its offerings, please visit www.scrut.io 

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VISEO COMPLETES THE ACQUISITION OF WARP TO EXPAND DIGITAL SERVICES OFFERING IN JAPAN

TOKYO & SINGAPORE, July 6 (Bernama-BUSINESS WIRE) -- VISEO, a global technology company specializing in digital transformation services and Warp Japan (Warp), a boutique digital agency specializes in helping Japanese and International brands with their digital strategy, have announced a tie-up to grow its reach in Japan.

The acquisition enables VISEO to accelerate its reach by leveraging Warp’s proven capabilities in the digital services space. It provides digital marketing, content creation, interactive installation, design and development for web, mobile and e-commerce websites. On the other hand, VISEO delivers end-to-end guidance for IT services, ranging from application development, system integration to digital solutions, and capture opportunities across industries. The synergies created will further strengthen VISEO’s capabilities in Japan and in the entire Asian Pacific Japan region. 

Nao Sato, CEO of Warp, says, “We’re excited by VISEO’s strategy and plans to grow their digital transformation and optimization capabilities across the Asia Pacific and Japan. Joining VISEO presents a strategic opportunity for us to drive the acceleration of digital solutions across a variety of industries.”
With VISEO’s global presence and a 20-year strong foothold in the IT consulting firm, VISEO supports companies that need to reinvent themselves by taking advantage of technological opportunities making them more efficient. 

“We are delighted to have Warp Japan coming onboard our VISEO family. This acquisition helps accelerate our expansion in Japan. It also provides a greater value for our clients in the Asia Pacific Japan region through building an innovation ecosystem for technology players, to augment our service portfolio and give our clients access to agility plus innovation across the region.” says Olivier Dhonte, Chairman of VISEO Group. 
 

For more information, please visit https://www.warpjapan.com/ and https://www.viseo.com/ 

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Matt Pinckard designated Now Health International GM of Singapore operations

KUALA LUMPUR, June 29 (Bernama) -- Now Health International, the award-winning international private medical insurance (IPMI) provider, has appointed Matt Pinckard as General Manager of its Singapore operations to lead the company’s business in the region.

Reporting into Rob McIntyre, Now Health International’s Chief Distribution Officer, Pinckard will lead the company’s drive to introduce new innovations and technologies in the health insurance sector, building on its recent years of growth, including addressing the need among family offices, financial advisory firms and brokers in Singapore for affordable regional and international medical insurance plans.

Singapore’s insurance industry is one of the most developed in Asia and continues to grow, and Pinckard’s appointment comes as Now Health International continues to position itself as a global market leader in deploying technology to deliver its services in the health insurance sector.

Now Health’s flagship WorldCare plans broke the mould for IPMI when they launched in 2011. They were among the first products to offer digital cards within smartphone wallets and have become renowned for their fast and accurate claims service and state of the art digital tools.

Pinckard joins Now Health International from his previous role as Senior Manager at Singlife with Aviva and brings over 16 years’ experience in the insurance industry, which includes roles at Aviva and Zurich.

In a statement, Zahir Sharif, CEO, Now Health International, said: “The IPMI landscape continues to change at pace, particularly when it comes to the central role technology plays in service delivery to both our intermediary partners and our members, and no more so than in Singapore.

“Matt’s experience in the sector and specifically in Singapore is second to none, and I’m delighted to welcome him to our team as we continue to explore growth opportunities in the Singapore market.”

Pinckard added: “Technology is reshaping the health insurance marketplace, ensuring providers can cater to the needs of both broker partners and their members, and Now Health International is at the forefront of this evolution.”

Now Health has offices in the UK, Malta, UAE, China, Hong Kong, Singapore and Indonesia.

For more information, visit https://www.now-health.com/.

-- BERNAMA