Masdar, the UAE's clean energy powerhouse, to acquire 49 percent stake in RWE's 3GW Dogger Bank South (DBS) offshore wind projects, as part of £11billion investment in UK's renewables sector
One of world's largest offshore wind development projects, DBS is set to power up to 3 million British homes, boost the UK economy and create thousands of jobs
Deal signed during COP28 in UAE shows commitment of Masdar, whose Chairman is also COP28 President, to invest in accelerating net zero in UK and Europe by harnessing region's huge offshore wind potential
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE's clean energy powerhouse, is part of an £11billion investment into the UK's renewable energy sector and is purchasing a 49 percent stake in RWE's 3 gigawatt (GW) Dogger Bank South (DBS) projects - which form one of the world's largest planned offshore wind farms. DBS is capable of powering millions of British homes, reducing emissions and creating up to 3,000 jobs. Closing of the transaction is subject to customary approvals and expected in the first quarter of 2024.
The agreement was signed on the sidelines of the UN's climate change conference COP28, in the UAE. The £11billion joint investment will provide a huge boost to the UK economy and demonstrates the UAE's long-term commitment to supporting net-zero goals in Britain and around the world. It builds on the £10 billion UAE-UK Sovereign Investment Partnership (UK-UAE SIP) to invest in technology, infrastructure and the energy transition.
The 3GW DBS projects bring together global clean energy pioneers Masdar and RWE, a leading renewable energy company headquartered in Germany. The mega-facility is expected to generate enough energy to power 3 million typical UK homes. The projects are predicted to create 2,000 jobs during construction and more than 1,000 direct and indirect jobs during their operational phase.
Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi, and the Chief Executive Officer of RWE, Dr Markus Krebber, signed the agreement at COP28 in Expo City Dubai, on December 1.
Located over 100 kilometers off the northeastern coast of England, the DBS offshore wind farms will be split across two sites, the DBS East Array and the DBS West Array. Each site will have the capacity for 1.5GW and span 500 square kilometers. Masdar will acquire a 49% stake in the landmark renewables project while RWE, with a 51% share, will remain in charge of development, construction and operation throughout the life cycle of the projects.
The construction phase could start as early as end 2025 and the first 800MW of electricity is planned to come online in 2029. The DBS projects are expected to be fully commissioned by end of 2031.
HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President, said: "As one of the world's largest offshore wind farms, the Dogger Bank South project will make a huge impact on reducing emissions while supplying millions of UK families and businesses with clean, affordable and secure energy. The world needs to triple renewable energy capacity and double energy efficiency by 2030 if we are to keep the Paris Agreement goal of limiting temperature rises to 1.5 degrees within reach. At COP28, as we strive to form a unified plan to deliver the urgent course correction the planet needs, projects such as DBS show how nations, companies and communities can join forces to deliver powerful solutions. It also shows the deep bonds between the UK and UAE as exemplified by the UAE-UK Sovereign Investment Partnership, which was expanded to commit £10 billion investments in technology, infrastructure, and the energy transition during President His Highness Sheikh Mohamed bin Zayed Al Nayhan's visit to Britain in 2021."
Masdar's Chief Executive Officer, Mohamed Jameel Al Ramahi, said: "Masdar is very proud to be partnering with RWE to develop one of the world's largest offshore wind farms. We are delighted to have come onboard at the early stages of this pioneering project, enabling us to leverage our shared passion and expertise in renewables. The UK is the world's second largest offshore wind market and offers huge growth potential. Masdar has been active in the UK for more than a decade, developing world-class clean energy projects such as Dogger Bank South which demonstrate how innovation and collaboration can lead to a cleaner, greener future. As global leaders strive to form a unified and urgent plan to tackle the climate crisis at COP28, Masdar will continue to expand its wind energy portfolio as we target a total global capacity of 100GW by 2030 in support of key climate goals."
The deal demonstrates Masdar's long-standing commitment to advancing offshore wind projects in the UK and Europe. A decade ago, Masdar, RWE and its partners launched the 630MW London Array wind farm, the world's largest at the time. Today's investment in the 3GW DBS projects - almost five times as big as London Array - shows Masdar's steadfast expansion into the exciting offshore wind sector. Masdar has also invested in the 30MW Hywind project, which was the world's first floating offshore wind farm, and the 402MW Dudgeon offshore wind farm. In July, Masdar invested in the 476MW Baltic Eagle offshore wind farm set to power 475,000 homes. The company's Global Offshore Wind division is based in London and Masdar is pursuing a strategy of investing and developing projects at the early stages to further strengthen its expertise as an offshore wind developer.
Markus Krebber, CEO RWE AG: "We're delighted to welcome Masdar onboard as our partner and co-investor in the delivery of our Dogger Bank South projects which, at 3GW in size, make up RWE's largest offshore wind development in the UK. With Masdar, we have a strong and renowned partner at our side who shares our ambition to further drive the growth of offshore wind energy. In combination with RWE's many years of experience in the development, construction and operation of offshore wind farms, we are in an excellent position to strongly support the decarbonization of the UK." Offshore wind energy could generate 380GW by 2030, provided investment is increased and permitting protocols are accelerated, according to the International Renewable Energy Agency. With the UK and Europe setting ambitious legally binding net-zero goals, Masdar will continue to harness opportunities to develop the region's burgeoning wind energy sector.
RWE is leading the way to a green energy world. Between 2024 and 2030, RWE will invest 55 billion euros worldwide in offshore and onshore wind, solar energy, batteries, flexible generation, and hydrogen projects. By the end of the decade, the company's green portfolio will grow to more than 65 gigawatts of generation capacity, which will be perfectly complemented by global energy trading. RWE is decarbonizing its business in line with the 1.5-degree reduction pathway and will phase out coal by 2030. RWE will be net zero by 2040.
RWE is already one of the leading companies in the field of renewable energy and offshore wind. Its unparalleled expertise over the last 20 years has resulted in 19 offshore wind farms in operation, with a goal to grow its global offshore wind capacity from 3.3GW today to 10GW in 2030.
About Masdar Abu Dhabi Future Energy Company (Masdar) is the UAE's clean energy champion and one of the fastest growing companies in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar has developed projects in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.
CUTTACK, India, Nov. 30, 2023 /PRNewswire/ -- The historic Bali Jatra, one of Asia's largest open-air festivals, was inaugurated on Monday, November 27 with great fervor and enthusiasm. The festival, which celebrates the maritime glory of the people of Odisha, commenced with the gracious presence of esteemed dignitaries and government officials.
Hon'ble Minister of Finance, Government of Odisha, Shri Bikram Keshari Arukha, had the honor of inaugurating the festival at the Bali Jatra ground. He was joined by Chief Speaker Hon'ble Member of Parliament, Shri Bhatruhari Mahtab, and Hon'ble Guest Minister, Shri Ranendra Pratap Swain, Department of Agriculture & Farmers' Empowerment, Government of Odisha. The event witnessed the participation of several other prominent figures, including Hon'ble Members of Parliament (MPs) and Members of the Legislative Assembly (MLAs) of Cuttack, Cuttack Municipal Corporation (CMC) Mayor Shri Subhash Chandra Singh, and Deputy Mayor Ms. Damayanti Majhi, among others.
This year's Bali Jatra festival promises to be an extraordinary experience featuring an array of attractions designed to delight visitors. Among the highlights are a tunnel aquarium, a digital exhibition, an eco-friendly fire show, an urban self-help group (SHG) enclosure, a rural pavilion, an art exhibition, and captivating sand art displays.
The digital hanger stands out as a unique offering, providing visitors with an immersive experience that includes anamorphic, augmented reality (AR) and virtual reality (VR) displays, engaging digital games, a digital pathway, the Corporators' Corner, and an exhibition featuring the present Members of Parliament (MPs) and Members of the Legislative Assembly (MLAs) of Cuttack.
A remarkable collection of 420 stalls has been set up by Odisha Rural Development and Marketing Society (ORMAS), showcasing a diverse range of handlooms, handicrafts, agri-horticulture value-added products, and authentic spices. These stalls feature the work of talented women producers and artisans from across 30 districts of Odisha and 22 other states including Delhi, Haryana, Punjab, Manipur, Tripura, and Chhattisgarh. Mission Shakti Self Help Groups, a leading entity in empowering women and fostering local entrepreneurship, proudly announced the opening of 70 stalls in Cuttack. These stalls offered a diverse range of products, from exquisite handicrafts to mouth-watering food items, all meticulously crafted by its talented members.
This initiative aims to empower women by providing opportunities to strengthen their economic condition. Furthermore, the Cuttack Municipal Corporation (CMC) has established the 'Mo Khata' counter, offering recycled waste turned into manure for sale.
Environmental sustainability has been a key focus of the Bali Jatra festival this year. CMC has taken numerous precautionary measures to ensure the festival remains plastic litter-free.
Eighteen dedicated stores have been designated for the collection of plastic waste, and shopkeepers and vendors have been educated on the importance of waste segregation. Dry and wet dustbins have been made available throughout the festival grounds, and individuals who deposit bulk waste such as tin cans, PET beverage containers, and plastic items will receive token money as an incentive. Additionally, eight Food Safety teams have been formed to ensure the availability of high-quality food, and regular defogging and sprinkling of water will be conducted to prevent dust accumulation.
Enhancing the lively atmosphere of the event, a stunning laser light show was inaugurated by CMC Mayor Shri Subhash Chandra Singh. The spectacle was met with tremendous appreciation from the visitors, making it a night to remember, beautifully blending local commerce and entertainment. The combination of diverse stalls and captivating entertainment adds to the vibrancy and charm of the Bali Jatra festival.
Bali Jatra is deeply rooted in the cultural heritage of Odisha and holds significant historical value. The festival takes place on the banks of the majestic river Mahanadi at Gadagadia Ghata and commences on Kartika Purnima, the day when Odia's sail handmade colorful boats in rivers and ponds, symbolizing their ancestors' voyages for trade to distant lands.
In a momentous event held at the Barabati Stadium last year, Bali Jatra etched its name in history. On 15th November 2022, the festival achieved a remarkable feat, making its mark on the global map by setting a Guinness World Record. Thousands of paper boats, symbolizing tradition and festivity, were lovingly crafted by 2,121 students from 22 different schools in Cuttack. Their efforts resulted in an astounding 22,000 paper boats being made within a mere 35 minutes. The joint efforts of the Cuttack District Administration and the Cuttack Municipal Corporation (CMC) made this record-breaking event possible. Their dedication and support have provided a platform for the tradition and culture of Odisha to flourish and be celebrated on an international scale, further solidifying its place as a cultural phenomenon.
Bali Jatra continues to evolve and captivate the hearts of millions and thrives as a significant trading event attracting merchants from all corners of the country. As the festival looks to the future, it promises to bring even greater joy, spectacle, and cherished memories to all who immerse themselves in its vibrant charm.
Make sure not to miss the awe-inspiring Bali Jatra Festival, where tradition, culture, and celebration intertwine to create a truly remarkable experience!
LONDON, Nov. 30, 2023 /PRNewswire/ -- Smirnoff, the world's #1 vodka, is today unveiling multimarket activations to boldly champion the power of the collective and reignite social connections around the world in a celebration of the spark that's created when different people, flavours and ingredients come together.
With a recent report indicating that 79% of 18-29 year-olds feel their emotional connections are weaker today than they were in the past, this new initiative aims to tackle feelings of disconnection and isolation around the world. Rolling out in more than 20 countries including the UK, Canada, North America, Mexico, Brazil, Ireland, India and Australia, the initiative will bring local communities together through activities, partnerships and events that lean into local culture and passion points such as music, sport and dance.
These activations will be underpinned by a new global creative, Atomic, which brings this inclusive ethos to life through a playful "life is like a cocktail" metaphor. Embodying the spirit of togetherness, the spot, initially launching in the UK, shows a diverse group of people spontaneously turning into bubbles which mix together before turning back into human form and finally connecting with one another.
In the UK, Smirnoff is reigniting social connection with a focus on lowering social barriers through a new long-term partnership with Sinead Burke's accessibility and inclusion consultancy, Tilting the Lens, and Stonegate, one of the UK's largest hospitality groups, to make socialising more accessible.
Spearheaded by an event curated by legendary nightlife performers, Sink The Pink, the London launch took place last night, Wednesday 29 November, and was hosted by comedian Fats Timbo and actor Layton Williams. The night saw Drag Syndrome, a collective of fabulous Kings and Queens with Down syndrome, take to the stage alongside an array of performers including former Spice Girl Mel C.
The venue was transformed to showcase some of the ways in which barriers found in the built environment of our social venues can be addressed. The inclusion of features such as a low-counter bar, accessible viewing platforms, a quiet room, BSL interpreters and visual interpreting tools meant that Disabled guests were able to enjoy the night as their full, true, and diverse selves.
The ambition is that the brand's partnership with Stonegate and Tilting the Lens will drive positive change for the Disabled community over the coming months by reviewing the settings in which people drink and engage with Smirnoff products.
Lady Mercury and Lady Francesca, members of Drag Syndrome, commented:
"As a collective of fabulous drag artists, we love performing and had a great time on stage alongside all of the other talented acts. Through the new partnerships that Smirnoff announced last night, we hope to see more events like this across the UK with easier access and representation of the Disabled community in the audience."
Sinéad Burke, CEO and Founder of Tilting the Lens, commented:
"Smirnoff's commitment to implement measurable changes in accessibility, by working with Disabled people, is a much-needed approach to a sector that, for too long, has excluded Disabled people as customers and talent. Viewing accessibility not merely as a measure of compliance, but one of community and creativity means that through the inclusion of Quiet Rooms, British Sign Language performers, inclusive furniture, and trained staff, Disabled people can be who they are, as they are, not merely for one night only."
Beyond the UK, Smirnoff has used the medium of dance to reignite social connections across Brazil through its partnership with popstar IZA to launch a unique track and dance challenge that has got everyone moving together. The initiative has spanned borders with interactive billboards in major global cities encouraging passers-by to get involved.
In the US, Smirnoff has been using the power of sport to reignite social connections with an NFL partnership that encourages all fans to come together and celebrate their unique traditions and fandom for Game Days. A new national TVC campaign launched with custom spots that demonstrate the cultures of each fanbase alongside a coin toss activation that enabled fans to win delicious game day cocktails, demonstrating how Smirnoff brings people together.
Stephanie Jacoby, Smirnoff Global Brand Director, commented:
"Despite there being more ways than ever for us to connect with one another, we know that feelings of loneliness and isolation are rising around the world. At Smirnoff, we fundamentally believe that we're better when we're together, which is why these acts feel so important and relevant for today. By reinforcing social connections and doubling down on our longstanding commitment to diversity and inclusivity, we aim to make it as easy as possible for as many people as possible to come together."
More activities are being planned in markets all around the world over the coming months, including fresh partnerships and initiatives focussed on festival season and Pride - building on Smirnoff's well-established commitment to the LGBTQIA+ community - and ensuring they continue to reignite social connections and bring people together like never before.
NOTES TO EDITOR
For all media inquiries and/or interview requests, please contact email@example.com The Atomic creative spot can be viewed here and behind the scenes of production is available here.
About Smirnoff Vodka
Smirnoff is the world's #1 vodka and Diageo's most popular spirit brand by volume. Smirnoff is a brand for everyone and has been enjoyed for more than 150 years. To learn more about Smirnoff and any upcoming news, visit www.smirnoff.com.
Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits and beer categories. These brands include Johnnie Walker, Crown Royal, JεB and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness.
Diageo is a global company, and our products are sold in more than 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO). For more information about Diageo, our people, our brands and performance, visit us at www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives and ways to share best practice.
Celebrating life, every day, everywhere.
 Spirits Business, Brand Champions Report 2023  McCann Worldgroup Truth Central Truth About Youth 2023  Spirits Business, Brand Champions Report 2023  Diageo Performance Results for fiscal year 2023
VICTORIA, Seychelles, Dec. 1, 2023 /PRNewswire/ -- Bitget, the world's leading cryptocurrency exchange and Web3 company, has announced the listing of CSIX, the native token of Carbon Browser - one of the fastest WEB3 browsers. The WEB3 browser token CSIX will be listed on Innovation Zone and Web3 Zone to expand Bitget's spot trading spectrum, offering its users access to emerging and community-driven digital assets.
Carbon Browser is an open-source, fast, private and secure Web3 browser developed by Carbon Browser X Labs. Launched in 2016 the product is developed on a customized version of Chromium, offering faster web browsing and better user security protection. Users can utilise their privacy-first features such as protection against ad-tracking, and higher performance with fast page loading, along with access to built-in crypto wallet and more. The browser has been designed to be user-friendly and accessible even to crypto beginners.
Carbon Browser is working on delivering an extensive WEB3 browser experience with integrated wallet, ability to store cryptocurrencies, swap and bridge functionalities. This includes Web3 applications such as crypto exchanges, NFT marketplaces, dApps, as well as Web2 applications such as ChatGPT.
"In the quest of providing easy access to high potential crypto ecosystems, we're focused on listing projects with real-world use cases. In this era of intense computer usage, browsers that give better output and performance will accelerate web3's adoption. With these types of listings, we provide a broader range of use cases for emerging tokens in Bitget's ecosystem," said Gracy Chen, Managing Director at Bitget.
Deposits for CSIX tokens are open now and trading in the spot market of the platform will be available from 11:00 December 4 (UTC). Upon listing, users can trade CSIX with 150+ cryptocurrencies on Bitget's industry-leading, fast, and secure trading platform. To buy trending and newly listed tokens such as CSIX users can use debit/credit cards, bank transfers and other multi-currency payment methods. For more information on trading CSIX, please visit the official announcement.
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.
BEIJING, Dec. 2, 2023 /PRNewswire/ -- Beijing, the strong, fast-beating heart of Chinese prosperity, has been known as a safe and stable city free from natural calamities. But not the summer of 2023. Throughout the season, the mercury soared, with daily highs consistently hitting over 40°C. Then as the capital had a relative respite from sweltering heat, there came the heavy rain, flooding and displacing thousands of people.
As Beijing recovered, some horrible but similar trend is echoing all around the globe: the deadliest U.S. wildfire in more than a century scorched Lahaina, Hawaii; the devastating floods that destroyed a quarter of the city of Derna, Lybia; extreme heat and worsen drought in Chile and the Horn of Africa; rising sea level for island countries... "Humanity has opened the gates of hell," as the UN Secretary-General António Guterres noted, "we are heading towards a dangerous and unstable world."
Although the alarm bell keeps ringing, we should not lose hope and give up. But rather, it's high time to take actions. China and the United States, as the world's two largest economies, have shown their political will by the milestone Sunnylands Statement. And looking back a bit further, from the Kyoto Protocol to the Paris Agreement, binding targets to limit emission and temperature increase have been set through joint efforts.
And China has walked the talk for achieving its goal of carbon peaking and neutrality. From transforming deserts to cleaning up the air, to developing new technology, shifting energy structure, and raising public awareness on a healthier lifestyle. China is doing everything to cultivate a more sustainable cycle of nature, to pay off previous ecological debts, avoid new debts, and strive to save our planet in more creative ways.
If climate change is a global concern, the burden is not equally shared. On the one hand, developed countries are responsible for most of the heat-trapping emissions since the Industrial Revolution. On the other, developing countries have lower emissions, but are bearing the brunt of a hotter climate. Promises from some of the world's biggest economies haven't been panning out, delayed by political deadlock, bureaucratic hurdles and debates over new rules to expedite aid from development banks and private donors.
An injustice burns at the heart of the climate crisis and its flame is scorching hopes and possibilities, as world leaders are warning. "We cannot continue," Mia Mottley, Prime Minister of Barbados called, "to put the interest of a few before the lives of many."
How to make sure the whole is greater than the sum of its parts, with all pulling in the same direction? It needs leadership, vision, and multilateralism. China, along with the rest of the world, is taking the lead to give its best shot, bringing down the price of renewable energy, sharing knowhow for deploying sustainable projects, and transitioning to a low-carbon era. With climate change being a global issue, only in a global approach and by joint efforts can we translate the will into concrete outcomes, and mitigate the climate we changed.
Upgrading their data distribution backbone will help Finalto meet the performance and reliability standards required to remain competitive
LONDON, Nov. 20, 2023 /PRNewswire/ -- Solace, the leading enabler of event-driven architecture for real-time enterprises, announced today that Finalto, a London-based financial services firm, is replacing its legacy messaging infrastructure with Solace PubSub+ Platform in order to stay ahead of the curve in an environment with ever-increasing market data volume, providing efficient, low latency pricing and trading to its clients.
As a broker, Finalto will accept trades from clients and submit them to liquidity providers. To offer competitive pricing for its customers, Finalto required a trading platform that could support higher throughput and lower latency which their current system was unable to deliver.
"We knew our desire to continually improve our offering demanded that we upgrade our trading platform's data distribution infrastructure, and quickly realized Solace was the answer," said Paul Groves, CEO, Finalto Financial Services Ltd and Finalto Trading Ltd. "The Solace team's deep experience in building high performance trading systems was as impressive as it was unsurprising, given their stable of blue-chip customers in the Capital Markets space."
To support this shift, Finalto is deploying a combination of Solace PubSub+ Event Broker appliances and software in financial centers around the world, including London, Copenhagen, New York and Singapore. The company is linking these event brokers to build an event mesh that will efficiently stream information across their enterprise in real-time – from the low latency distribution of market data that informs trades, to the guaranteed delivery of pre- and post-trade data between front-, middle- and back-office systems across lines of business and geographies.
"We're proud to be helping Finalto expand their business by upgrading their trading platform," said David Mitchell, Regional VP, United Kingdom and Ireland, Solace. "By giving Finalto the power to route tens of millions of messages a second with mere microseconds of latency, our proven technology will be a key part of their ongoing success."
About Finalto Finalto is a market leader in global financial services. Formerly the Tradetech group comprising of a number of B2B businesses, CFH, Alpha, and Tradetech 360 in addition to our B2C brand Markets.com, we have been raising the industry bar for years. We are market leaders in next-generation multi-channel trading software, systems and liquidity services which are offered in a B2B capacity to our global partner network. Visit https://finalto.com to learn more.
About Solace As the experts in EDA, Solace helps enterprises become modern and real-time by giving them everything they need to make their business operations and customer interactions event-driven. With PubSub+, a complete events streaming and management platform, the company provides a comprehensive way to create, document, discover and stream events from where they are produced to where they need to be consumed. Established enterprises worldwide use Solace's advanced event broker technologies to modernize legacy applications, deploy modern microservices, and build an event mesh to support their hybrid cloud, multi-cloud and IoT architectures. Learn more at solace.com.
Experts from across Latin America explore how to improve access to recommended treatment practices based on the latest international guidelines.
BUENOS AIRES, Argentina and PLYMOUTH MEETING, Pa., Nov. 30, 2023 /PRNewswire/ -- Today the Latin American and Caribbean Society of Medical Oncology (SLACOM) and National Comprehensive Cancer Network® (NCCN®) host the Latin American Regional Breast Cancer Summit: Advocating and Implementing Guideline-Concordant Cancer Care for Patients. Esteemed experts from Argentina, Brazil, Mexico, Columbia, Peru, and the United States will present challenges, barriers, and potential solutions for improving access to guideline-concordant breast cancer care in the Latin American region. The regional summit provides an opportunity for a diverse group of multidisciplinary experts to identify and fill any knowledge gaps in breast cancer care and health system processes for cancer prevention and control in Latin America.
Visit NCCN.org/global for cancer treatment resources that have been tailored for specific regions or translated into Spanish, Portuguese, and other languages.
"There is a clear and urgent need to improve our current processes and systems, including those that guide patients in navigating health systems in Latin America," said Eduardo L. Cazap, MD, PhD, Founder and First President of SLACOM. "We hope that the findings and recommendations from the SLACOM/NCCN Working Group, as well as the feedback from the Latin American Regional Breast Cancer Summit will inform the development of Implementation Guidelines for Breast Cancer that can be used by patients, physicians, and systems to take action to address the needs of patients."
SLACOM and NCCN first launched a project to convene thought leaders, government entities, health care providers, patients, and civil society members to conduct a rigorous analysis of cancer burden, existing guidelines and healthcare utilization and accessibility, gaps, obstacles, and system disruptions to guideline-concordant care in Argentina in 2022. The SLACOM/NCCN Working Group developed a set of findings and recommendations to address the major impediments to guideline implementation in breast cancer care, which were presented and discussed at the summit.
That summit also included a presentation outlining the World Health Organization (WHO) Global Breast Cancer Initiative Implementation Framework to provide a practical model to help inform the work of the group moving forward.
"We are honored to continue working alongside SLACOM and others in the Latin America region," said Wui-Jin Koh, MD, Chief Medical Officer, NCCN. "People with cancer everywhere should have access to treatment based on established evidence-based, expert consensus guidelines. Today's webinar is part of the SLACOM/NCCN Working Group's ongoing commitment to develop procedures that improve the implementation of best practices in this region, according to the latest international standards."
NCCN has previously collaborated with other groups in the Latin American region and translated resources for patients and health care providers into Spanish and other languages. Learn more about how the gold standard NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines®) have been adapted for various locations and resource levels worldwide at NCCN.org/global.
About the National Comprehensive Cancer Network The National Comprehensive Cancer Network® (NCCN®) is a not-for-profit alliance of leading cancer centers devoted to patient care, research, and education. NCCN is dedicated to improving and facilitating quality, effective, equitable, and accessible cancer care so all patients can live better lives. The NCCN Clinical Practice Guidelines in Oncology (NCCN Guidelines®) provide transparent, evidence-based, expert consensus recommendations for cancer treatment, prevention, and supportive services; they are the recognized standard for clinical direction and policy in cancer management and the most thorough and frequently-updated clinical practice guidelines available in any area of medicine. The NCCN Guidelines for Patients® provide expert cancer treatment information to inform and empower patients and caregivers, through support from the NCCN Foundation®. NCCN also advances continuing education, global initiatives, policy, and research collaboration and publication in oncology. Visit NCCN.org for more information.
AI will not take all jobs nor end civilization. But it will help businesses make better decisions.
CARY, N.C., Nov. 30, 2023 /PRNewswire/ -- Artificial intelligence (AI) is everywhere. And stories are rampant about its promise and its threat. Will AI's potential be realized in the year ahead? SAS, the leader in AI and analytics, asked executives and experts across the company to predict trends and key business and technology developments in AI for 2024. Below are some of the predictions they shared.
Generative AI will augment (not replace) a comprehensive AI strategy "Generative AI technology does a lot of things, but it can't do everything. In 2024, organizations will pivot from viewing generative AI as a stand-alone technology to integrating it as a complement to industry-specific AI strategies. In banking, simulated data for stress testing and scenario analysis will help predict risks and prevent losses. In health care, that means the generation of individualized treatment plans. In manufacturing, generative AI can simulate production to identify improvements in quality, reliability, maintenance, energy efficiency and yield." –Bryan Harris, Chief Technology Officer, SAS [Note: Earlier this year, SAS committed $1 billion to AI-powered industry solutions.]
AI will create jobs "In 2023, there was a lot of worry about the jobs that AI might eliminate. The conversation in 2024 will focus instead on the jobs AI will create. An obvious example is prompt engineering, which links a model's potential with its real-world application. AI helps workers at all skill levels and roles to be more effective and efficient. And while new AI technologies in 2024 and beyond may cause some short-term disruptions in the job market, they will spark many new jobs and new roles that will help drive economic growth." – Udo Sglavo, Vice President of Advanced Analytics, SAS
AI will enhance responsible marketing "As marketers we must consciously practice responsible marketing. Facets of this are awareness of the fallibility of AI and alertness to possible bias creeping in. While AI offers the promise of enhanced marketing and advertising programs, we know that biased data and models beget biased results. In SAS Marketing, we are implementing model cards that are like an ingredient list, but for AI. Whether you create or apply AI, you are responsible for its impact. That's why all marketers, regardless of technical know-how, can review the model cards, validate that their algorithms are effective and fair, and adjust as needed." – Jennifer Chase, Chief Marketing Officer, SAS
Financial firms will embrace AI amid a Dark Age of Fraud "Even as consumers signal increased fraud vigilance, generative AI and deepfake technology are helping fraudsters hone their multitrillion-dollar craft. Phishing messages are more polished. Imitation websites look stunningly legitimate. A crook can clone a voice with a few seconds of audio using simple online tools. We are entering the Dark Age of Fraud, where banks and credit unions will scramble to make up for lost time in AI adoption – incentivized, no doubt, by regulatory shifts forcing financial firms to assume greater liability for soaring APP [authorized push payment] scams and other frauds." – Stu Bradley, Senior Vice President of Risk, Fraud and Compliance Solutions, SAS
Shadow AI will challenge CIOs "CIOs have struggled with 'shadow IT' in the past and will now confront 'shadow AI' – solutions used by or developed within an organization without official sanction or monitoring by IT. Well-intentioned employees will continue to use generative AI tools to increase productivity. And CIOs will wrestle daily with how much to embrace these generative AI tools and what guardrails should be put in place to safeguard their organizations from associated risks." – Jay Upchurch, Chief Information Officer, SAS
Multimodal AI and AI simulation will reach new frontiers "The integration of text, images and audio into a single model is the next frontier of generative AI. Known as multimodal AI, it can process a diverse range of inputs simultaneously, enabling more context-aware applications for effective decision making. An example of this will be the generation of 3D objects, environments and spatial data. This will have applications in augmented reality [AR], virtual reality [VR], and the simulation of complex physical systems such as digital twins." – Marinela Profi, AI/Generative AI Strategy Advisor, SAS
Digital-twin adoption will accelerate "Technologies like AI and IoT [Internet of Things] analytics drive important sectors of the economy, including manufacturing, energy and government. Workers on the factory floor and in the executive suite use these technologies to transform huge volumes of data into better, faster decisions. In 2024, the adoption of AI and IoT analytics will accelerate through broader use of digital-twin technologies, which analyze real-time sensor and operational data and create duplicates of complex systems like factories, smart cities and energy grids. With digital twins, organizations can optimize operations, improve product quality, enhance safety, increase reliability and reduce emissions." – Jason Mann, Vice President of IoT, SAS
Insurers will confront climate risk, aided by AI "After decades of anticipation, climate change has transformed from speculative menace to genuine threat. Global insured losses from natural disasters surpassed $130 billion in 2022, and insurers worldwide are feeling the squeeze. US insurers, for example, are under scrutiny for raising premiums and withdrawing from hard-hit states like California and Florida, leaving tens of millions of consumers in the lurch. To survive this crisis, insurers will increasingly adopt AI to tap the potential of their immense data stores to shore up liquidity and be competitive. Beyond the gains they realize in dynamic premium pricing and risk assessment, AI will help them automate and enhance claims processing, fraud detection, customer service and more." – Troy Haines, Senior Vice President of Risk Research and Quantitative Solutions, SAS
AI importance will grow in government "The workforce implications of AI will start being felt in government. Governments have a hard time attracting and retaining AI talent since experts command such high salaries, however, they will aggressively recruit for expertise to support regulatory actions. And like enterprises, governments will also increasingly turn to AI and analytics to boost productivity, automate menial tasks and mitigate that talent shortage." – Reggie Townsend, Vice President of the SAS Data Ethics Practice
Generative AI will bolster patient care "To advance health and improve patient and member experiences, organizations will further develop generative AI-powered tools in 2024 for personalized medicine, such as the creation of patient-specific avatars for use in clinical trials and the generation of individualized treatment plans. Additionally, we will see the emergence of generative AI-based systems for clinical decision support, delivering real-time guidance to payers, providers and pharmaceutical organizations." – Steve Kearney, Global Medical Director, SAS
Deliberate AI deployment will make or break insurers "In 2024, one of the top 100 global insurers will go out of business as a consequence of deploying generative AI too quickly. Right now, insurers are rolling out autonomous systems at breakneck speed with no tailoring to their business models. They're hoping that using AI to crunch through claims quickly will offset the last few years of poor business results. But after 2023's layoffs, remaining staff will be spread too thin to enact the necessary oversight to deploy AI ethically and at scale. The myth of AI as a cure-all will trigger tens of thousands of faulty business decisions that will lead to a corporate collapse, which may irreparably damage consumer and regulator trust." – Franklin Manchester, Global Insurance Strategic Advisor, SAS
Public health will get an AI boost from academia "Public health is achieving technologic modernization at an unprecedented rate. Whether overdoses or flu surveillance, using data to anticipate public health interventions is essential. Forecasting and modeling are rapidly becoming the cornerstone of public health work, but government needs help. Enter academia. We will see an increase in academic researchers carrying out AI-driven modeling and forecasting on behalf of government. It is clear after COVID-19 that the protection of our population will require exceptional technology and collaboration." – Dr. Meghan Schaeffer, National Public Health Advisor and Epidemiologist, SAS
Want more? This spring, you can talk with SAS executives about their predictions and explore the latest in AI and analytics. Join business leaders and analytics experts for SAS Innovate, April 16-19, 2024, in Las Vegas. Sign up today for updates on the conference and early-bird pricing.
About SAS SAS is a global leader in AI and analytics software, including industry-specific solutions. SAS helps organizations transform data into trusted decisions faster by providing knowledge in the moments that matter. SAS gives you THE POWER TO KNOW®.
BENGALURU, India, Nov. 30, 2023 /PRNewswire/ -- Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd (BSE code: 532523, NSE: BIOCON), today announced that the integration of the Viatris' biosimilars business in 31 European countries has been successfully completed.
In Europe, Biocon Biologics portfolio includes 7 biosimilars: Insulin Aspart and Insulin Glargine, Bevacizumab, Pegfilgrastim, Trastuzumab, Adalimumab, and Etanercept. At a global level, Biocon Biologics has a robust pipeline of 20 assets for diabetology, oncology, immunology, ophthalmology, and bone health. Serving over 5.7M patients annually, the Company is committed to providing access to high-quality therapies and solutions to patients, healthcare systems and governments across the globe.
Shreehas Tambe, CEO & Managing Director, Biocon Biologics Ltd, said:"The integration of the Viatris' biosimilar business in Europe ahead of schedule is another important milestone for Biocon Biologics in our journey as a global biosimilars leader. We are pleased to expand access to life-saving treatments for patients across Europe. Our unique, fully integrated capabilities and robust pipeline of 20 products will allows us to better address patient needs and be a reliable partner to health organisations."
Jozef Belcik, Head of Commercial Europe & JANZ, Biocon Biologics Ltd, said:"We are extremely pleased to have reached this historic moment and we are proud to lead the way in the advancement of biosimilars. As we continue to drive innovation and invest in the future, our mission is singularly focused on the development, manufacturing, distribution, and commercialization of biosimilars in Europe and in the world."
After the acquisition from Viatris, Biocon Biologics and its partners will commercialize biosimilar products in the following countries: Albania, Austria, Belgium, Bosnia, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, and The United Kingdom.
Biocon Biologics Ltd. (BBL), a subsidiary of Biocon Ltd., is a unique, fully integrated, global biosimilars company committed to transforming healthcare and transforming lives by enabling affordable access to high quality biosimilars for millions of patients worldwide. It is leveraging cutting-edge science, innovative tech platforms, global scale manufacturing capabilities and world-class quality systems to lower costs of biological therapeutics while improving healthcare outcomes.
BBL has acquired substantially all of the global biosimilars business of its long-standing partner Viatris, which is a historic milestone in its value creation journey. Biocon Biologics has commercialized eight biosimilars in key emerging markets and advanced markets like U.S., Europe, Australia, Canada, and Japan.
The Company has a pipeline of 20 biosimilar assets across diabetology, oncology, immunology, ophthalmology, and other non-communicable diseases. It has many 'firsts' to its credit in the biosimilars industry. As part of its environmental, social and governance (ESG) commitment, BBL is advancing the health of patients, people, and the planet to achieve key UN Sustainable Development Goals (SDGs). Website: www.bioconbiologics.com; Follow us on LinkedIn: Biocon Biologics ; Twitter: @BioconBiologics for company updates.
Biocon Limited, publicly listed in 2004, (BSE code: 532523, NSE Id: BIOCON, ISIN Id: INE376G01013) is an innovation-led global biopharmaceuticals company committed to enhance affordable access to complex therapies for chronic conditions like diabetes, cancer and autoimmune. It has developed and commercialized novel biologics, biosimilars, and complex small molecule APIs in India and several key global markets as well as Generic Formulations in the US, Europe & key emerging markets. It also has a pipeline of promising novel assets in immunotherapy under development. Website: www.biocon.com; Follow-us on Linked In: Biocon Limited; Twitter: @bioconlimited for company updates.
Forward -Looking Statements: Biocon
This press release may include statements of future expectations and other forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects upon Biocon and its subsidiaries/ associates. These forward-looking statements involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from our expectations include, amongst other: general economic and business conditions in India and overseas, our ability to successfully implement our strategy, our research and development efforts, our growth and expansion plans and technological changes, changes in the value of the Rupee and other currency changes, changes in the Indian and international interest rates, change in laws and regulations that apply to the Indian and global biotechnology and pharmaceuticals industries, increasing competition in and the conditions of the Indian and global biotechnology and pharmaceuticals industries, changes in political conditions in India and changes in the foreign exchange control regulations in India. Neither Biocon, nor our Directors, or any of our subsidiaries/associates assume any obligation to update any particular forward-looking statement contained in this release.
PARIS, Nov. 29, 2023 /PRNewswire/ -- Unither Pharmaceuticals, a leading CDMO (Contract Development and Manufacturing Organization), celebrates 30 years in business. In 1993, Unither Pharmaceuticals began operations by acquiring a 17-man pharmaceutical plant that produced 3 pharmaceutical forms. Today, the company is a world leader in the manufacture of sterile unit doses, with a production capacity of 5 billion doses and a presence on four continents. This growth is also reflected in rising sales, which should reach 500 million euros by 2023.
Unither first implemented Blow-Fill-Seal (BFS) technology in 1995, enabling them to manufacture sterile doses of saline solutions, asthma medications, and eye drops. From 1997 onwards, the company developed its international business, first by exporting its products, then by acquiring a factory in the United States in 2013. With the acquisition of Barretos in 2015, Unither gained a foothold in Brazil. Then in 2020, an acquisition in China, inNanjing, consolidated its global footprint. In 2022, Unither further expanded its activities with the acquisition of a new site specializing in ophthalmology in São Paulo. This international development is designed to support its customers' international industrial strategies by getting closer to their target markets.
Since its inception, Unither has been at the forefront of innovation, continuously striving to improve patients' lives. Eric Goupil, President of Unither Pharmaceuticals, reminds the group's vision: "We want to be recognized for making healthcare solutions that improve and simplify patients' lives accessible to as many people as possible. We imagine new ideas, and our enthusiasm and energy enable us to realize them for the benefit of our customers.".
Jean-François Hilaire, CEO of Unither Pharmaceuticals, looks to the future: "Unither's vocation is to support our customers in their drive for innovation and in their efforts to meet the demands of their markets. With Euroject®, our recent breakthrough in merging a single-use dose with a needle to create a ready-to-use injection system, illustrates Unither's commitment to simplifying the lives of healthcare practitioners and patients, while keeping costs under control.".