Singapore, April 23-25, 2025 — The highly anticipated GITEX ASIA technology exhibition was held in Singapore, where Inspur Digital Services made a remarkable debut. The company showcased its global IT workforce outsourcing solutions, including Employer of Record (EOR) services, Global Payroll solutions, and Contingent Workforce Management, engaging with global partners to explore new development opportunities
During the event, Inspur Digital Services attracted significant attention from international enterprises. The company held in-depth discussions with over 20 senior executives from more than 10 countries and regions, including France, Singapore, Malaysia, and India. Focused on the digital transformation of global human capital management, these talks explored strategies to enhance corporate operational efficiency and competitiveness through optimized human resource allocation. Inspur demonstrated its extensive expertise and professional solutions in workforce outsourcing, which received high acclaim from participating organizations.
This participation represents a critical step in Inspur Digital Services’ international expansion strategy. Moving forward, we will leverage its resource advantages to collaborate with local enterprises, delivering high-quality and efficient workforce outsourcing solutions to global clients, thereby supporting businesses in achieving digital transformation and sustainable development.
TOKYO, Apr 25, 2025 - (JCN Newswire via SeaPRwire.com) - Olympus Corporation (Olympus), a global MedTech company committed to making people's lives healthier, safer and more fulfilling, today announces appointment of a Chief Executive Officer (CEO) aimed at accelerating its ongoing transformation efforts in the medtech space. The Board of Directors has decided unanimously to appoint Bob White, a former Executive Vice President and President, Medical Surgical Portfolio for Medtronic, as a successor to Yasuo Takeuchi, Olympus’ Director, Representative Executive Officer, President and CEO, effective June 1, 2025. Bob will also be proposed as a candidate for election to the Board at Olympus’ General Meeting of Shareholders scheduled to be held in June 2025. “We are pleased to name Bob to this pivotal leadership role. He possesses a wealth of experience garnered from his tenure at various esteemed organizations within the medical technology sector. I look forward to welcoming him as a leader who will bring extensive knowledge and expertise to the company.” said Yasuo Takeuchi. “Over the course of his career, Bob has demonstrated exceptional leadership in driving both transformative growth and strategic initiatives. I am truly pleased that he is bringing this profound expertise and insight to Olympus.”Comment from Bob White“I am truly honored and grateful for the trust placed in me by the Board of Directors and the Nominating Committee. Olympus is an exceptional company, known for its market-leading solutions, cutting-edge technology, and remarkable people. I’m excited to bring my experience to the table and contribute to the company’s ongoing success and growth. I’ve long admired Olympus for its rich Japanese heritage, outstanding products, and unwavering commitment to serving the needs of both clinicians and patients.”Bob most recently served as Executive Vice President and President, Medical Surgical Portfolio for Medtronic until April 2024. Before then, he was Senior Vice President and President of Medtronic Asia Pacific, based in Singapore where he had responsibility for APAC as well as Japan. During his tenure at Covidien, he held the positions of President of Emerging Markets and President of Respiratory and Monitoring Solutions. He has seen numerous innovation programs and led several R&D initiatives and M&A transactions within complex business portfolios. His close engagement with the market and customers has enabled him to maintain a strong understanding of physician needs. Prior to joining Medtronic, Bob held leadership positions at GE Healthcare, Merge Healthcare and Healthcare Division, IBM. Throughout his career in the medtech industry, he has played a pivotal role in improving the lives of patients around the world through the transformation of healthcare delivery. In order to select and recommend the best candidate for the next CEO, the Nominating Committee engaged a leading executive search firm and formed an Advisory Search Committee in November 2024. After a comprehensive and rigorous search process, Olympus determined that Bob is the ideal leader among a strong pool of internal and external candidates. Bob possesses the skill set necessary to guide the next phase of Olympus' transformation, including quality and regulatory initiatives. Bob holds a bachelor’s degree in marketing from Cleveland State University and an MBA in finance from Case Western Reserve University, USA. He currently resides in Colorado and will be located in Olympus global headquarters in Tokyo, with his wife.About OlympusAt Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide innovative solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global X account: @Olympus_Corp. Media contact:Mail: Global-Public_Relations@olympus.comOlympus Corp [TYO: 7733] [ADR: OLYMY] [STU: OLY1] [FRA: OLYS] https://www.olympus-global.com Copyright 2025 JCN Newswire via SeaPRwire.com.
TOKYO, Apr 25, 2025 - (JCN Newswire via SeaPRwire.com) - DENSO, a leading mobility supplier, today announced global financial results for its 2025 fiscal year, ending March 31, 2025:Consolidated revenue totaled 7,161.8 billion yen (US$47.9 billion), a 0.2 percent increase from the previous year.Consolidated operating profit totaled 519.0 billion yen (US$3.5 billion), a 36.4 percent increase from the previous year.Consolidated profit attributable to owners of the parent company totaled 419.1 billion yen(US$2.8 billion), a 34.0 percent increase from the previous year.“Despite lower vehicle production volumes in Asia and suspensions of operations by Japanese customers, revenue increased compared to the previous year thanks in part to yen depreciation, which boosted our performance overall. Operating profit increased compared to the previous year as well through foreign exchange gains and cost management efforts, helping us overcome lower production volumes and increasing parts and material costs.” said Yasushi Matsui, CFO, Executive Vice President and member of the Board of Directors of DENSO CORPORATION. “In the next fiscal year, we forecast revenue to slightly decrease to 7,050.0 billion yen (US$47.2 billion), reflecting conversion differences caused by the precondition of a stronger yen. We forecast operating profit, however, to rise to 675.0 billion yen (US$4.5 billion) and operating profit margin to be 9.6%. To reach these targets, we will continue to manage increasing parts costs and foreign exchange losses, and leverage business improvement activities to exceed potential market challenges. The annual dividend for the concluded fiscal year is 64 yen, with DOE up to 3.5%. The forecast for the next fiscal year is 64 yen, same as the 2025 fiscal year. We continue to strive to improve the DOE level in a long-term and stable manner.”In Japan, revenue increased to 4,216.4 billion yen (US$28.2 billion), up 1.2% from the previous year, and operating profit increased to 220.5 billion yen (US$1,475.4 million), up 158.9% from the previous year.In North America, revenue increased to 1,863.2 billion yen (US$12.5 billion), up 5.4% from the previous year, and operating profit increased to 98.1 billion yen (US$656.0 million), up 79.8% from the previous year.In Europe, revenue decreased to 718.7 billion yen (US$4.8 billion), down 8.0% from the previous year, and operating profit decreased to 8.7 billion yen (US$57.9 million), down 72.1% from the previous year.In Asia, revenue decreased to 1,940.1 billion yen (US$13.0 billion), down 2.3% from the previous year and operating profit decreased to 169.5 billion yen (US$1,133.7 million), down 8.1% from the previous year.In other areas, revenue increased to 119.0 billion yen (US$0.8 billion), up 3.3% from the previous year, and operating profit decreased to 22.3 billion yen (US$149.0 million), down 10.1% from the previous year.Forecast for Fiscal Year Ending March 31, 2026Revenue 7,050.0 billion yen[US$47.2 billion] -111.8 billion yen(-1.6 percent) Operating profit 675.0 billion yen[US$4.5 billion] +156.0 billion yen(+30.1 percent) Profit before profit taxes 743.0 billion yen[US$5.0 billion] +165.0 billion yen(+28.5 percent) Profit attributable to owners of the parent company 515.0 billion yen[US$3.4 billion] +95.9 billion yen(+22.9 percent) ROE 10.6% +2.6%pt(Notes)The above forecasts are created based on information obtained by the date of this announcement and the actual results may differ due to various causes in the future. U.S. dollar amounts have been translated, for convenience only, at the rate of 149.48yen = US$1, the approximate exchange rate prevailing in the Tokyo Foreign Exchange Market on March 31, 2025. Like in the U.S. billion is used in the sense of one thousand million. Foreign exchange rates of the Forecast for Fiscal Year Ending March 31, 2026, as a precondition are US$=145.0yen, Euro=160.0yen, CNY=20.0yen.About DENSO CORPORATIONGlobally headquartered in Kariya, Japan, DENSO is a $47.9 billion leading mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in around 180 facilities worldwide to provide opportunities for rewarding careers and to produce cutting-edge electrification, powertrain, thermal and mobility electronics products, among others, that change how the world moves. In developing such solutions, the company’s 158,000 global employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. DENSO spent around 8.6 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2025. For more information about DENSO’s operations worldwide, visit https://www.denso.com/global. Copyright 2025 JCN Newswire via SeaPRwire.com.
KARIYA, JAPAN, Apr 24, 2025 - (JCN Newswire via SeaPRwire.com) - DENSO CORPORATION and DELPHY GROEP BV have signed a Memorandum of Understanding (MOU) aimed at developing and promoting data-driven smart horticulture(1).From left: DELPHY GROEP BV Managing Partner Horticulture Aad van den Berg,DENSO CORPORATION Food Value Chain Business Development Division Executive Officer Yasushi MukaiRecently, the instability of agricultural production caused by factors such as climate change and the decline in the farming population, as well as the resulting food shortages has become pressing issues. Under these circumstances, there is a global need to enable anyone a stable, sustainable agricultural production, anytime, in any environment.DENSO has been engaged in the horticultural business by leveraging technology developed in the automotive sector. By developing environmental control systems and greenhouses for horticulture, as well as harvest robots(2), DENSO has continuously enhanced its sensing capabilities in greenhouse IoT and harvesting processes.DELPHY is a leading cultivation consulting company, staffed by numerous experts with extensive, long-term experience in cultivation support. The cultivation management software QMS(3) provided by DELPHY inputs climate data such as temperature and sunlight, along with crop data including fruit counts and weights, into a mathematical plant growth model. By using these data to plan cultivation, DELPHY has been assisting producers in achieving stable, long-term cultivation.By drawing on their respective strengths, DENSO and DELPHY have signed the MOU to begin exploring data-driven smart horticulture, which optimizes the cultivation environment and methods by consolidating and utilizing data essential for crop growth. The main initiatives are as follows:■ System Development to Achieve Stable Planned CultivationBy automatically collecting crop data—which growers have until now observed visually or measured by hand—through DENSO’s sensing technology, accuracy is enhanced. Furthermore, by entering this crop data into DELPHY ’s QMS, it becomes possible to improve the precision of cultivation planning. Subsequently, by leveraging that cultivation plan to control the greenhouse environment and provide instructions to workers or automated equipment, stable and planned cultivation can be achieved. The two companies will explore the development of a series of systems to realize this stable, planned cultivation.■ System Development for Cultivation Simulation under a Digital Twin(4) EnvironmentBy using DENSO’s digital twin technology, it becomes possible to recreate in three-dimensional data the plant structure that would result from cultivating based on the cultivation plan devised by DELPHY’s QMS. This enables analysis and prediction of crop growth in a digital twin environment even before actual cultivation takes place. Both companies will explore the development of a series of systems to realize these cultivation simulations.Based on the MOU, DENSO and DELPHY aim to interlink these two systems to realize data-driven smart horticulture by 2030. Together, the two companies will accelerate initiatives worldwide to achieve stable and sustainable agriculture.DENSO CORPORATIONFood Value Chain Business Development DivisionExecutive OfficerYasushi MukaiThrough our collaboration with DELPHY, we have taken a new step toward realizing innovative cultivation solutions that enable planned production by integrating our sensing and digital technologies with DELPHY’s cultivation know-how. We will continue to challenge ourselves to deliver safe and reliable food anytime, anywhere, and for everyone.DELPHY GROEP BVManaging Partner HorticultureAad van den BergThe road to autonomous crop cultivation requires new technologies for horticulture. On this road to economically sustainable horticulture, technologies from the automotive industry will make a major contribution. By integrating DENSO technologies with DELPHY's QMS Cultivation Management software, we can continue to contribute to this development. We make Growers better!*1Data-driven smart horticulture is a method of collecting horticultural data using sensors and IoT devices and optimizing the cultivation process through AI and big data analysis.*2 Please refer to the following URL for past announcements regarding the fully automated harvest robot Artemy®.https://www.denso.com/global/en/news/newsroom/2024/20240513-g01/*3 Please refer to the following URL for more information about the QMS.https://delphy.nl/en/services/data-driven-crop-management/*4 A Digital Twin is a technology that involves creating a “twin” within a digital virtual space using data gathered from the real world, enabling a wide range of simulations.About DENSO CORPORATIONDENSO is a global automotive parts manufacturer that provides advanced automotive technologies, systems, and products. Leveraging the core technologies it has developed through its experience in automotive components, DENSO is expanding the scope of its value offerings to include factory automation, food distribution, agriculture (Ag Tech), and more. Among these, in order to deliver safe and reliable food—essential to people’s daily lives—DENSO positions agriculture as an important business domain. Through automated harvesting using robots equipped with sensing technologies and through digital-based cultivation environment control, DENSO is working toward the industrialization of farms.https://www.denso.com/global/en/About DELPHY GROEP BVDELPHY is part of Royal Peterson Control Union Group. The Group provides TIC activities and helps businesses navigate complex challenges and drive long-term success in over 80 countries Within the Group DELPHY provides worldwide leading in expertise for food & flowers by knowledge driven services in agriculture and horticulture as research & development, consultancy and projects, dedicated to advancing global food & flower production.https://delphy.nl/ Copyright 2025 JCN Newswire via SeaPRwire.com.
HONG KONG, Apr 24, 2025 - (ACN Newswire via SeaPRwire.com) – HighTide Therapeutics, Inc. (2511.HK), a clinical stage biopharmaceutical company specializing in the development of multifunctional multi-targeted therapies for chronic liver and metabolic diseases, announced today that it will present at the EASL Congress 2025, taking place from May 7-10, 2025 in Amsterdam. The presentations include post-hoc analyses of two Phase 2 clinical studies of berberine ursodeoxycholate (HTD1801), a gut-liver anti-inflammatory metabolic modulator, being developed for treatment of metabolic dysfunction-associated steatohepatitis (MASH) and type 2 diabetes mellitus (T2DM). A third presentation will present preclinical results for rimtoregtide (HTD4010), a peptide derived from the Reg3a protein, in liver failure in mice.“Effects of Berberine Ursodeoxycholate (HTD1801) in Patients with At-risk MASH and T2DM”(Presentation SAT-440, Poster Presentation, May 10, 8:30 AM CET)About the Abstract: Due to the ongoing unmet medical need, clinical development in MASH focuses on patients who are at a higher risk of disease progression and outcomes due to the presence of moderate to advanced fibrosis (defined as at-risk MASH). The purpose of this analysis was to assess the effects of HTD1801 in patients with at-risk MASH and T2DM as defined by baseline MRI cT1 >875 ms. Eighteen weeks of treatment with HTD1801 resulted in substantial improvements in key hepatic and cardiometabolic parameters in patients with at-risk MASH and compared to placebo, twice as many patients achieved a reduction in liver fat content (MRI-PDFF) or fibroinflammation (cT1) that have been associated with improvements in liver histology. These data are particularly insightful as HTD1801 continues to be evaluated in an ongoing paired biopsy study of patients with at-risk MASH and pre-diabetes or diabetes.“Effects of Berberine Ursodeoxycholate (HTD1801) in Chinese Patients with T2DM and Presumed MASLD”(Presentation SAT-432, Poster Presentation, May 10, 8:30 AM CET)About the Abstract: T2DM typically coexists with other metabolic abnormalities such as hyperlipidemia, obesity, and MASH that can exacerbate T2DM and can lead to a worse prognosis with increased risk for mortality and cardiovascular outcomes. In a Phase 2 study in patients with T2DM, HTD1801 achieved the primary endpoint with a significant decrease in HbA1c. Based on the latest diagnostic criteria, it is likely that a substantial subgroup of the study may have had concurrent metabolic dysfunction-associated steatotic liver disease (MASLD). The purpose of this analysis was to evaluate the benefits of HTD1801 in patients with T2DM and MASLD identified by baseline controlled attenuation parameter values >288 dB/M (correlated to 5% liver fat content). HTD1801 treatment demonstrated both dose-dependent improvements in cardiometabolic and hepatic parameters in patients with T2DM and MASLD. These data suggest HTD1801 can comprehensively address metabolic and cardiovascular risk factors beyond glycemic control.“A Comparison of the Protective Effects of Rimtoregtide (HTD4010) and DUR-928 on Acute Liver Failure in Mice”(Presentation FRI-141, Poster Presentation, May 9, 8:30 AM CET)About the Abstract: The purpose of this study was 1) to test the potential protective effects of HTD4010 in an LPS-induced model mimicking acute liver failure in mice and 2) compare these effects to DUR-928, which is currently in late-stage development for the treatment of alcohol-associated hepatitis. In an LPS-induced mouse model mimicking acute liver failure, HTD4010 resulted in significant improvement in survival rates (greater than 2-fold) compared to the model control. These protective effects of HTD4010 were significantly greater than DUR-928. These findings provide evidence that HTD4010 may have a beneficial effect on acute liver conditions including alcohol-associated hepatitis and other acute-inflammatory-related conditions.About Berberine UrsodeoxycholateBerberine ursodeoxycholate (HTD1801) is an orally delivered, gut-liver anti-inflammatory metabolic modulator being developed for the treatment of metabolic and digestive diseases. HTD1801, an ionic salt of berberine and ursodeoxycholate, is a new molecular entity with a unique dual mechanism of action: AMP kinase activation and NLRP3 inflammasome inhibition. These two key mechanistic pathways have been associated with improvements in insulin resistance, glucose metabolism, lipid metabolism, and hepatic inflammation, potentially providing a comprehensive treatment platform for the multifaceted nature of complex metabolic diseases. HTD1801 is being developed for multiple indications. HTD1801 met the primary endpoint in two Phase 3 clinical trials in patients with type 2 diabetes mellitus (T2DM), demonstrating a clinically meaningful effect on HbA1c. In both trials, key secondary endpoints were achieved, suggesting multiple advantages of HTD1801 including improvement in cardiometabolic risk indicators. In addition to T2DM, HTD1801 efficacy in treating metabolic dysfunction-associated steatohepatitis (MASH) has been demonstrated in a Phase 2a clinical trial, and a global multicenter Phase 2b trial assessing the histologic benefit of HTD1801 is currently ongoing, with topline results expected in 2025.About RimtoregtideRimtoregtide (HTD4010) is a clinical-stage compound in development for acute inflammatory-related indications including alcoholic hepatitis (AH). It is a peptide derived from the Reg3a protein with immunomodulatory, anti-inflammatory, and anti-apoptotic effects. HTD4010 has been evaluated in animal models of acute pancreatitis and acute liver failure, where protective effects were observed. A completed Phase 1 clinical trial of HTD4010 in healthy subjects demonstrated a favorable safety profile. AH is caused by chronic heavy alcohol abuse or a sudden, drastic increase in alcohol consumption. It is characterized by severe inflammation and, ultimately, liver failure and death. There is currently no approved treatment for AH and only a few drug candidates are in clinical development. The current standard of care focuses on symptom management, including abstinence, treating inflammation and providing nutrition.About HighTide TherapeuticsHighTide Therapeutics, Inc. (Stock Code: 2511.HK) is a globally integrated biopharmaceutical company focusing on the discovery and development of first-in-class multifunctional, multi-targeted therapies with poly-indication potential across metabolic diseases with significant unmet medical needs. HighTide is currently developing several clinical assets and associated global intellectual property rights, and advancing multiple mid-to-late-stage clinical trials including therapies for metabolic dysfunction-associated steatohepatitis (MASH), type 2 diabetes mellitus (T2DM), severe hypertriglyceridemia (SHTG) and primary sclerosing cholangitis (PSC). Berberine ursodeoxycholate (HTD1801), HighTide’s lead drug candidate, received Fast Track designation from the United States Food and Drug Administration for both MASH and PSC and Orphan Drug designation for PSC. HTD1801 has been included in the National Major New Drug Innovation Program under the 13th Five-Year Plan for Major Technology Project in China.For more information, please visit www.hightidetx.comContact: pr@hightidetx.com Copyright 2025 ACN Newswire via SeaPRwire.com.
JAKARTA, Apr 24, 2025 - (ACN Newswire via SeaPRwire.com) - South East Asia’s first premium service airline, PT TransNusa Aviation Mandiri, is further strengthening its presence in Singapore by increasing the frequency of its scheduled flights for the Jakarta – Singapore route to two times daily from today.This announcement comes barely a month after TransNusa successfully launch scheduled flights to Perth from its base in Bali.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said that TransNusa has plans to further strengthen its network connectivity this year.In line with this, TransNusa launched its second daily flight to Singapore today. The additional flight, 8B 153, departed at 12.10pm from the Terminal 3 Soekarno – Hatta International Airport and arrived Singapore Changi Airport at 14.40pm today. While its additional flight, 8B 154, departed Changi Airport at 15.30pm and arrived at the Soekarno – Hatta International Airport at 16.20pm.“TransNusa will continue to operate the current scheduled flight, 8B 151, which depart Soekarno – Hatta International Airport at 07.55am and arrive at 10.45am at the Changi Airport,” Datuk Bernard said, adding that the current flight, 8B 152, depart Changi Airport at 11.45am and arrive in Jakarta at 12.30pm.TransNusa has been consistently achieving milestones since the introduction of a new top management led by aviation veteran, Datuk Bernard Francis. The airline, which introduced its first international flight on April 14, 2023, has expanding its wings from South East Asia to the Asia Pacific region within a short span of 2 years.Datuk Bernard attributes the airline’s successes and accelerated growth within the last 24 months to their customised business model and the vastly experienced management team.Datuk Bernard stressed that for its international flights, TransNusa not only provide premium services with competitive ticket prices, but the airline also has attractive product bundles called SEAT, SEAT-PLUS and FLEXI-PRO."Our passengers will enjoy check-in baggage of between 20kgs to 30 kgs, depending on the product purchased,” Datuk Bernard said, explaining that the baggage offering was over and above the 7kgs limit offered as a passenger’s hand carry.“For the highest package, FLEXI-PRO, we provide more complete services such as free baggage 30kgs, free to choose seats, free food, and drinks, priority at check-in and boarding. In addition, TransNusa also provides its FLEXI-PRO passengers with the ability to be able to change their flight schedule without restrictions and obtain refund when needed.”TransNusa, which aims to ensure its passengers travel with ease and comfort, has also configured their A320s with a 174-seat configuration, which allows for passengers to enjoy about 30 inches of legroom, comparable to the experience passengers would get in a full-service airline."We are committed to providing affordable and competitive ticket prices, while still providing premium services to our customers.” said Datuk Bernard, adding that the ticket price for the Jakarta – Singapore route starts from as low as SGD52 (USD40).DATUK BERNARD FRANCIS… TransNusa to focus on strengthening network connectivityTransNusa, A Short HistoryTransNusa, which had to close it business operation in September 2020 due to impact of the Covid-19 pandemic on the aviation industry, started operations again after injection of new shareholders and a new management team led by aviation expert, Datuk Bernard, in October 2022.Within 6 months, the airline introduced its first international route between Jakarta and Kuala Lumpur and celebrated its first-year anniversary for this route on April 14, 2024.“When we re-launched TransNusa in October 2022, we started from the bottom again. Everything was new because the pandemic had disrupted the aviation business operations boundaries. As such we re-created and customised our business operations and strategy model of being the first Premium Service Carrier based on the post-pandemic scenario,” Datuk Bernard explained.TransNusa launched its first international route between Jakarta and Kuala Lumpur in April, 2023, followed by the Jakarta – Singapore route on November 20, 2023. After which, the airline successfully launched three more new international routes by the end of 2023. TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to experience strategic growth in the last two years.Since the takeover of new shareholders and the injection of a new management team, TransNusa has been making headlines in Malaysia, Singapore, China and Australia with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China.About TransNusaEstablished in 2005, TransNusa started its operation by providing chartered flights. It began its commercial flights in 2011. After ceasing operations due to the Covid-19 pandemic, TransNusa relaunched itself in 2021 as a low-cost airline in its domestic market. In 2023, TransNusa introduced a new business model making it the first Premium Service Airline in the region. The new business model will apply only to its international routes. TransNusa introduced its first international route in April this year. The airline introduced its Jakarta – Kuala Lumpur round trip route and had its maiden flight on April 14. The airline is currently based in Jakarta Soekarno-Hatta International Airport.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719.Media ContactTrina Thomas Rajtrina@myqaseh.org+60124992672 (watsapp) Copyright 2025 ACN Newswire via SeaPRwire.com.
- Results from the first patient cohort (N=5) of an open-label proof of concept academic study with low-dose IL-2 and CTLA4-Ig demonstrated a rapid and durable statistically significant increase in the number and suppressive function of Tregs compared to baseline values. - Clinically, patients with Frontotemporal Dementia (FTD) demonstrated minimal to no cognitive decline throughout the study period. Treatment was well tolerated, no serious adverse events were reported, and all 5 patients completed the study.Houston, TX, Apr 24, 2025 - (ACN Newswire via SeaPRwire.com) - Coya Therapeutics, Inc. (NASDAQ: COYA) (“Coya” or the “Company”), a clinical-stage biotechnology company developing biologics intended to enhance regulatory T cell (Treg) function announced positive interim results of an investigator-initiated proof of concept open-label study with low-dose IL-2 and CTLA4-Ig combination treatment in patients with Frontotemporal Dementia (FTD). The study is led by Dr. Alireza Faridar and Dr. Stanley Appel at the Houston Methodist Neurological Institute (Houston, TX) with funding from The Peggy and Gary Edwards Endowment Fund. Study patients received subcutaneously administered CTLA4-Ig, followed by a 5-day course of low-dose IL-2 every four weeks, for a total of 22 weeks of dosing and follow-up. The study aims to enroll up to 10 patients, and these interim results include data from the first 5 patients with mild to moderate FTD who have completed the full course of treatment.Dr. Arun Swaminathan, Coya’s Chief Executive Officer followed: “The results thus far are consistent with previously published encouraging data from an open-label investigator-initiated study of patients with ALS treated with low-dose IL-2/CTLA4-Ig. This interim data in FTD provides us further confidence of our approach to target and enhance Treg biology to address devastating neurodegenerative diseases including ALS and FTD”.Previous biomarker data presented by the Company demonstrated that FTD patients exhibit a compromised immunosuppressive function of regulatory T cells (Tregs), along with increased peripheral levels of inflammatory cytokines and chemokines, dysregulation of monocytes, and systemic activation of the inflammatory cascade, supporting the critical role of the immune system in the pathophysiology of FTD.One previous study showed that a cohort of 68 patients with FTD worsened by an average of 3.57 points over a 12-month period per the Clinical Dementia Rating - Frontotemporal Lobar Degeneration (CDR‐FTLD) scale (Knopman et al. Brain 2008; 131(11): 2957-2968). In addition, patients with FTD typically have shorter survival times and more rapid rates of cognitive and functional decline compared to patients with Alzheimer’s disease (Rascovsky et al. Neurology 2005; 65(3): 397-403).Dr. Fred Grossman, Coya’s Chief Medical Officer stated: “We are excited with the results observed in this initial group of patients with this proof-of-concept study. We believe that the increase in Treg numbers and suppressive function, with subsequent anti-inflammatory biological activity still to be evaluated, underscores the potential for this low-dose IL-2/CTLA4-Ig combination to be further studied as a therapy for FTD, for which there are no currently approved treatments.”Summary of Interim Study Results Overall, treatment with low-dose IL-2 and CTLA4-Ig was well tolerated. All 5 patients enrolled in the first cohort completed the study and received the investigational treatment as planned. The most common adverse events were mild injection site reactions. No serious adverse events were reported.Treg numbers and suppressive function increased after the first treatment cycle (p < 0.01 and p < 0.05, respectively, and remained at higher significant levels throughout the treatment period.Clinical functional assessments were performed in all patients at pre-specified timepoints over the course of the study using validated tools, including the Clinical Dementia Rating - Frontotemporal Lobar Degeneration (CDR‐FTLD) scale, the Montreal Cognitive Assessment (MoCA) scale, and the Progressive Aphasia Severity Scale (PASS). Results of the functional tests show that, on average, these five FTD patients treated with low-dose IL-2 and CTLA4-Ig combination exhibited minimal to no cognitive decline over the course of the study, compared to pre-treatment values.The Company intends to publish and/or present more comprehensive data in a future peer-reviewed meeting and/or publication.About Frontotemporal DementiaFrontotemporal dementia (FTD) refers to a group of neurodegenerative disorders characterized by altered behavior and language, with a progressive decline in executive function.1 FTD affects an estimated 30,000 Americans.2 FTD is categorized clinically into various subtypes; the main three include behavioral-variant frontotemporal dementia and two language variants, semantic dementia (also known as semantic variant primary progressive aphasia) and progressive non-fluent aphasia (also known as non-fluent variant primary progressive aphasia). It's a presenile dementia, meaning it can occur in younger individuals, often between the ages of 45 and 64. The average age of onset is 58, with an average survival time of 7.5 years.1,2References1. Knopman et al. Development of methodology for conducting clinical trials in frontotemporal lobar degeneration. Brain 2008; 131(11): 2957-29682. Rascovsky et al. Rate of progression differs in frontotemporal dementia and Alzheimer disease. Neurology 2005; 65(3): 397-403About Coya Therapeutics, Inc.Headquartered in Houston, TX, Coya Therapeutics, Inc. (Nasdaq: COYA) is a clinical-stage biotechnology company developing proprietary treatments focused on the biology and potential therapeutic advantages of regulatory T cells (“Tregs”) to target systemic inflammation and neuroinflammation. Dysfunctional Tregs underlie numerous conditions, including neurodegenerative, metabolic, and autoimmune diseases, and this cellular dysfunction may lead to sustained inflammation and oxidative stress resulting in lack of homeostasis of the immune system.Coya’s investigational product candidate pipeline leverages multiple therapeutic modalities aimed at restoring the anti-inflammatory and immunomodulatory functions of Tregs. Coya’s therapeutic platforms include Treg-enhancing biologics, Treg-derived exosomes, and autologous Treg cell therapy.COYA 302 is a combination treatment comprised of low-dose IL-2 and CTLA4-Ig is an investigational therapy with a dual immunomodulatory mechanism of action intended to enhance the anti-inflammatory function of Tregs and suppress the inflammation produced by activated monocytes and macrophages. Coya is developing COYA 302 for the treatment of fatal neurogenerative diseases characterized by chronic inflammation and Treg dysfunction.For more information about Coya, please visit www.coyatherapeutics.com Forward-Looking StatementsThis press release contains “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements other than statements of historical fact contained in this presentation, including information concerning our current and future financial performance, business plans and objectives, current and future clinical and preclinical development activities, timing and success of our ongoing and planned clinical trials and related data, the timing of announcements, updates and results of our clinical trials and related data, our ability to obtain and maintain regulatory approval, the potential therapeutic benefits and economic value of our product candidates, competitive position, industry environment and potential market opportunities. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” and similar expressions are intended to identify forward-looking statements.Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors including, but not limited to, those related to risks associated with the success, cost and timing of our product candidate development activities and ongoing and planned clinical trials; our plans to develop and commercialize targeted therapeutics; the progress of patient enrollment and dosing in our preclinical or clinical trials; the ability of our product candidates to achieve applicable endpoints in the clinical trials; the safety profile of our product candidates; the potential for data from our clinical trials to support a marketing application, as well as the timing of these events; our ability to obtain funding for our operations; development and commercialization of our product candidates; the timing of and our ability to obtain and maintain regulatory approvals; the rate and degree of market acceptance and clinical utility of our product candidates; the size and growth potential of the markets for our product candidates, and our ability to serve those markets; our commercialization, marketing and manufacturing capabilities and strategy; future agreements with third parties in connection with the commercialization of our product candidates; our expectations regarding our ability to obtain and maintain intellectual property protection; our dependence on third party manufacturers; the success of competing therapies or products that are or may become available; our ability to attract and retain key scientific or management personnel; our ability to identify additional product candidates with significant commercial potential consistent with our commercial objectives; ; and our estimates regarding expenses, future revenue, capital requirements and needs for additional financing.We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed herein may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Although our management believes that the expectations reflected in our forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances described in the forward-looking statements will be achieved or occur. We undertake no obligation to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.Investor Contact:David Snyder, CFOdavid@coyatherapeutics.com CORE IRBret Shapirobrets@coreir.com 561-479-8566Media ContactsFor Coya Therapeutics:Kati Waldenburgmedia@coyatherapeutics.com212-655-0924 Copyright 2025 ACN Newswire via SeaPRwire.com.
TOKYO, Apr 24, 2025 - (JCN Newswire via SeaPRwire.com) - JCB Co., Ltd., Japan's only global payment brand, is proud to announce that MyJCB App, its cardmembers-only mobile app, has won the iF DESIGN AWARD 2025 in the Communication UX category of the User Experience (UX) division. The service design and UI/UX design were developed in collaboration with FOURDIGIT Inc.The iF DESIGN AWARD 2025 recognized the app's excellence in enhancing the user experience through its form, function, and idea, leading to its victory in the Communication UX category of the User Experience (UX) division.Award page: https://ifdesign.com/en/winner-ranking/project/myjcb-app/696672Design Approach Focused on User ExperienceJCB and FOURDIGIT have been collaborating since 2021 to enhance the MyJCB App, encompassing service design, UI/UX design, and the establishment of continuous improvement processes.For the renewal project, they developed a strategy to define the app's role in the service experience, based on a detailed analysis of user behavior and challenges. The team conducted surveys of thousands of users and in-depth interviews with over 50 participants to thoroughly analyze credit card usage patterns and customer needs across various service channels, creating a comprehensive vision for the cross-channel user experience.Following the renewal, the team has continued to improve the app through store comments, user interviews, and usage data analysis, aiming to create an app that serves all customers, regardless of their financial literacy. They remain committed to delivering safer and more convenient card services while actively listening to customer feedback.For more information, please visit: https://www.4digit.com/en/projects/myjcbAbout MyJCB App"MyJCB" is a web service exclusively for JCB cardmembers that offers features, such as viewing transaction history, checking point balance and security alert notifications. Launched in 2016, the MyJCB App underwent a significant renewal in November 2023 under the concept of "card and app integration." The renewal introduced improved visibility and accessibility, along with enhanced security features that reflect JCB's core value of customer safety and security, transforming it into a more convenient and secure app.The app allows users to sort transaction details by amount or date, and includes keyword search functionality for ease of use. Security features include "Card Usage Notifications" and "Security Status Recommendations" that suggest optimal security settings for users, supporting safe card usage.The app continues to evolve with regular updates and new features to meet the diverse needs of all cardmembers, including digital concierge services for THE CLASS and Platinum cardmembers, and customizable app themes with four design options.For more information about the MyJCB App: https://www.jcb.co.jp/myjcb/app/index.htmlFor details about the Digital Concierge feature: https://www.jcb.co.jp/promotion/digital_concierge/index.htmlAbout iF DESIGN AWARDThe iF DESIGN AWARD 2025, organized by Germany-based iF International Forum Design, is one of the world's most prestigious and longest-running design awards. This year's competition received 10,651 entries from 66 countries and territories, which were evaluated by 131 design experts from 23 countries and territories based on criteria, including differentiation, form, function, idea, and sustainability. In the User Experience (UX) division, 162 entries received awards, with only five winners from Japanese companies. https://ifdesign.com/en/About the CompaniesAbout JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 53 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 164 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.For more information, please visit: www.global.jcb/en/Head Office: Aoyama Rise Square 5-1-22 Minami Aoyama, Minato-ku, TokyoEstablished: January 1961Capital: 10.6 billion yenPresident & CEO: Takayoshi FUTAEURL: https://www.global.jcb/en/About FOURDIGIT Inc.FOURDIGIT is a design and tech company that provides essential 'design' to connect digital technology and people, creating comfortable experiences for everyone involved.Drawing on our expertise cultivated in Japan, we are expanding our services to regions across Asia where the demand for digital design is growing alongside economic development. Our objective is to deliver design and technology solutions that drive business success on a global scale. Our current office locations include Japan, Thailand, Vietnam and Malaysia.Head Office: 2F/3F 8-5-32 Tanaka Koma Building, Akasaka, Minato-ku, TokyoEstablished: July 2001Capital: 45.6 million yenRepresentative Director, CEO: Ryo TAGUCHIURL: https://www.4digit.com/enMEDIA CONTACTS:JCB (Head Office in Japan)Anna TakedaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2025 JCN Newswire via SeaPRwire.com.
Renovation of main equipment provides for long-term stable operation, with improvements in energy efficiency to reduce CO2 emissions by 4% or moreProcessed branches and grass to be used for compost, fertilizer for home gardens, and bedding for livestockTOKYO, Apr 24, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a part of Mitsubishi Heavy Industries (MHI) Group, has completed work on a project to renovate and expand the core facilities of Arita Municipal Recycle Plaza, a waste recycling facility in Arita-cho, Saga Prefecture, based on an order from the town received in 2023. In addition to the construction of a new facility for processing pruned branches and grass trimmings, the existing recycling treatment equipment was reconditioned to extend its operational life and improve energy efficiency.Arita Municipal Recycle Plaza was designed and built by MHI, and completed in March 1999. It processes and recycles non-combustible and bulky refuse, as well as recyclable materials (cans, glass, plastic bottles). The overall processing capacity of the facility is 12 tonnes per five hours.The core facility renovation involved upgrading the main equipment of the recycling processing plant, such as conveyors, sorting equipment, and electrical instrumentation, which had become worn and degraded after more than 20 years of operation. The renovation aims for stable operation over the long term, and improvements in energy efficiency will reduce CO2 emissions by 4% or more.The newly constructed processing facility for pruned branches and grass trimmings effectively utilizes the green waste collected from around the town for compost or spreading material (sawdust for animal bedding), with a processing capacity of 1.2 tonnes per five hours. After being stored in the receiving yard, pruned branches and grass trimmings are finely processed on crushing and pulverizing lines, and will be effectively utilized by town residents as compost or fertilizer for home gardens, or by local livestock farmers in the town for animal bedding as an alternative to straw.MHIEC succeeded MHI's environmental protection business in 2008, taking over its accumulated technological development capabilities in environmental protection systems and abundant expertise in the construction, operation, and maintenance of waste management facilities both in Japan and overseas. Based on this robust track record, the company is well positioned to propose comprehensive solutions encompassing all aspects from plant construction to operation and maintenance. Going forward, the Company will continue proactively proposing solutions for extending the service life of existing waste treatment facilities, coping with global warming, and reducing maintenance, management and other lifecycle costs, to contribute to realization of a carbon neutral society.Overview of Arita Municipal Recycle PlazaTreatment Capacity 12 tonnes per five hoursNon-combustible and bulky refuse: 10 tonnes per five hoursCans and glass: 1.8 tonnes per three hoursPlastic bottles: 0.2 tonnes per two hoursTreatment Method Crushing, sorting, and compaction Overview of the Branches and Grass Processing FacilityTreatment Capacity1.2 tonnes per five hoursTreatment MethodCrushing and pulverizing About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com Copyright 2025 JCN Newswire via SeaPRwire.com.
SINGAPORE, Apr 25, 2025 - (ACN Newswire via SeaPRwire.com) - The Board of Directors (“Board”) of Mooreast Holdings Ltd. (“Mooreast” or the “Company”), and together with its subsidiaries, the “Group”) wishes to provide an update on several recent developments: Completion of Multi-Buoy Mooring Upgrade Project at Gulf of ThailandFurther to the Company’s announcement dated 12 November 2024, Mooreast wishes to update that the project to upgrade a multi-buoy mooring (“MBM”) system off the eastern shore of the Gulf of Thailand was completed recently. The Group expects to recognise approximately S$8.8 million for this project in the first half of the financial year ending 31 December 2025 (“1H2025”).The successful completion underscores the Group’s capabilities to handle sizeable mooring projects within the oil and gas (“O&G”) industry. Orders related to the O&G sector had been building up in 2H2024, and have continued to gain momentum in the first four months of FY2025. Even with the delivery of the MBM project, current orders at hand are at least equal to those at the end of FY2024. Accordingly, the Group expects revenue in 1H2025 to exceed the S$13.7 million recorded in 1H2024. Additionally, the Group does not expect that the administrative and other operating expenses to increase significantly in FY2025 given that the current staffing is sufficient to support operations and business development in the near term and the absence of fees for professional services rendered to support the Group’s business repositioning efforts in FY2024. Management is actively reviewing and implementing cost control measures to improve overall cost efficiency and profitability moving forward.Update on Floating Wind Energy Projects in Europe and North AsiaOn 1 January 2025, Mr. Eirik Ellingsen (“Mr. Ellingsen”), a Norwegian with deep experience in the offshore and marine sector, was appointed Chief Executive Officer (“CEO”). In the last four months, he has been working closely with Mr. Sim Koon Lam (“Mr Sim”), the founder, Executive Director and Deputy Chairman, on business development strategies amid an increase in commercialisation of floating wind energy projects worldwide.Mr. Ellingsen has been actively engaging players involved in floating wind energy projects in Europe and North Asia, and participated in the WindEurope conference in Copenhagen, Denmark, earlier this month. While the ‘first wave’ of implementation – involving largely demonstration and precommercial projects – had been delayed by the supply chain disruptions caused by the COVID-19 pandemic, the industry has clearly advanced to the ‘second wave’ – commercialisation at scale. With the progress toward commercialisation, the Environmental Resources Management’s “Q3 2024 Global Offshore Wind Market Update" reported over 390 GW of floating wind projects in various planning and development stages. Compared to 50-100 megawatts (“MW”) typical at pre-commercialisation, the latter involves projects of at least 500 MW each. Many of these projects are reaching the final investment decision (“FID”) phase in 2026 and 2027. These include multigigawatt (“GW”) scale projects which can contribute substantially to the growth of offshore wind capacity globally. Typically, mooring and rigging solutions, including anchors, chains, and ropes, account for between 5% to 10% of the total value of each floating wind energy project. Approximately 5.5 GW of floating wind capacity is expected to reach FID in the next 24-36 months. Of this, about two-thirds involve projects in Europe, including those in the North Sea, while a third will come from North Asia. These projects may be deemed as the addressable market of Mooreast. As the Group is currently not targeting U.S. floating wind energy projects, it is not subject to U.S. Government tariffs for its products. Already, Mooreast is working closely with these projects and has indicated its component costings. As these progress to full implementation, developers and partners are looking for a reliable manufacturer capable of handling the large volumes of anchors and mooring components required for these large-scale projects. The Group believes it is uniquely positioned, given its status as Asia’s only ultra-high power anchor designer and manufacturer and its global footprint. Mooreast recently opened new offices in Taiwan and Malaysia in June and July 2024, respectively, expanding its presence in the Asian region.The Group continues to assess the ability of its present facility at 51 Shipyard Road in Singapore to handle production of anchors and components as these projects advance to formal tender, noting that developers have indicated suppliers would need to demonstrate beforehand sufficient capacity to handle the indicative volume. Should such orders escalate beyond the current capacity of the existing yard, Mooreast would need to explore access to additional capacity. Meanwhile, the Company continues to develop its supply chain to better serve its customers globally. The Company will provide updates to shareholders as and when there are material developments regarding floating renewable energy projects. BY ORDER OF THE BOARD MOOREAST HOLDINGS LTD.Mr Eirik Ellingsen Chief Executive Officer23 April 2025This announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited (the “Sponsor”). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (“SGX-ST”) and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881. Copyright 2025 ACN Newswire via SeaPRwire.com.