Ferring Acquires Innovative Biotechnology Company and Microbiome Pioneer Rebiotix Inc.

SAINT-PREX, Switzerland & ROSEVILLE, Minn.-Thursday, April 5th 2018 [ AETOS Wire ]

    Rebiotix’s RBX2660 is a non-antibiotic treatment in Phase 3 development for the prevention of recurrent Clostridium difficile infection (CDI) and has the potential to be the world’s first approved human microbiome product
    CDI is one of the most common healthcare-associated infections in the US, affecting more than 500,000 people and causing approximately 29,000 deaths each year.1
    Ferring’s global capabilities ensure broader patient access to any future approved human microbiome treatments derived from Rebiotix’s Microbiota Restoration Therapy™ (MRT™) drug platform

(BUSINESS WIRE) -- Ferring Pharmaceuticals* and Rebiotix Inc. today announce that they have agreed to the acquisition of Rebiotix by Ferring. This acquisition brings together two innovative healthcare companies that share a common commitment to exploring and understanding the human microbiome to develop new solutions for patients.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180405005593/en/

The most advanced investigational microbiome treatment from Rebiotix is RBX2660, a non-antibiotic treatment currently in Phase 3 development for the prevention of recurrent CDI. RBX2660 has the potential to be the first human microbiome product approved anywhere in the world. In the US, RBX2660 has received FDA Fast Track, Breakthrough Therapy and Orphan Drug Designations, which means the FDA considers it eligible for Expedited Review, once the submission has been made.

“The scientific advances Rebiotix has made add significant strategic value to Ferring’s leadership in gastroenterology,” said Michel Pettigrew, President of the Executive Board and Chief Operating Officer, Ferring Pharmaceuticals. “Therapies targeted towards the microbiome have the potential to transform healthcare. Together, we have a unique opportunity to help people living with debilitating and life-threatening conditions like Clostridium difficile infection.”

Rebiotix’s proprietary MRT drug platform delivers healthy, live, human-derived microbes into the gastrointestinal tract. It provides a standardised, stabilised product that is ready-to-use in an easy-to-administer format. The MRT pipeline consists of a number of investigational treatments including RBX7455, a non-frozen, lyophilised oral capsule formulation, in development for the prevention of recurrent CDI.

“Ferring shares our passion for understanding the role the microbiome plays in human health and has global capabilities that offer huge potential for the investigational therapies that we have in development,” said Lee Jones, Founder, President and Chief Executive Officer, Rebiotix, Inc. “Rebiotix was founded to revolutionise healthcare by harnessing the power of the human microbiome and this is a significant milestone in achieving that goal.”

“This acquisition strengthens our innovation pipeline and complements our own ongoing microbiome research as well as our partnerships with world-leading organisations in this area,” said Per Falk, Chief Science Officer, Ferring Pharmaceuticals. “Rebiotix’s culture and passion for high quality, innovative research fits with our own and complements our existing R&D capabilities.”

In addition to the acquisition of Rebiotix, Ferring, as a leader in gastroenterology, is supported by ongoing partnerships with world-leading research organisations in the field of microbiome research including the Karolinska Institutet and Science for Life Laboratory, the Centre for Translational Microbiome Research, Intralytix, The Institut Pasteur, the University of Lille, MyBiotics Pharma, March of Dimes and Metabogen.

About Ferring Pharmaceuticals

Ferring Pharmaceuticals is a research-driven, specialty biopharmaceutical group committed to helping people around the world build families and live better lives. Headquartered in Saint-Prex, Switzerland, Ferring is a leader in reproductive medicine and women’s health, and in specialty areas within gastroenterology and urology. Ferring has been developing treatments for mothers and babies for over 50 years. Today, over one third of the company’s research and development investment goes towards finding innovative and personalised healthcare solutions to help mothers and babies, from conception to birth. Founded in 1950, Ferring now employs approximately 6,500 people worldwide, has its own operating subsidiaries in nearly 60 countries and markets its products in 110 countries.

Learn more at www.ferring.com, or connect with us on Twitter, Facebook, Instagram, LinkedIn and YouTube.

About Rebiotix Inc.

Rebiotix Inc. is a late-stage clinical microbiome company focused on harnessing the power of the human microbiome to revolutionise the treatment of challenging diseases. Rebiotix possesses a deep and diverse clinical pipeline targeting several other disease states with drug products built on its pioneering MRT platform. The MRT platform is a standardised, stabilised drug technology that is designed to rehabilitate the human microbiome by delivering a broad consortium of live microbes into a patient’s intestinal tract via a ready-to-use and easy-to-administer format. For more information on Rebiotix and its pipeline of human microbiome-directed therapies, visit www.rebiotix.com.

About RBX2660

RBX2660 is the most advanced product utilising Rebiotix’s proprietary MRT drug platform. RBX2660 is in Phase 3 development for the prevention of recurrent CDI and has the potential to be the first human microbiome product approved anywhere in the world. It consists of a microbiota suspension of intestinal microbes and is administered via enema.

*Ferring Holding Inc. signed the agreement as part of Ferring Pharmaceuticals Group

References:

1 Centers for Disease Control and Prevention. Nearly half a million Americans suffered from Clostridium difficile infections in a single year. Press release. February 25, 2015. Available online at: https://www.cdc.gov/media/releases/2015/p0225-clostridium-difficile.html. Last accessed April 2018.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180405005593/en/

Contacts

Ferring Pharmaceuticals
Bhavin Vaid
Head of Corporate Communications
+41 58 301 0952 (direct)
+41 79 191 0632 (mobile)
bhavin.vaid@ferring.com
or
Jason Rando (for Rebiotix)
Tiberend Strategic Advisors
+1 212 375 2665 (direct)
+1 917 930 6346 (mobile)
jrando@tiberend.com


http://www.aetoswire.com/news/ferring-acquires-innovative-biotechnology-company-and-microbiome-pioneer-rebiotix-inc/en

SES Shareholders Approve All Resolutions at Annual General Meeting

 Dividend of EUR 0.80 per A-share approved



LUXEMBOURG -Thursday, April 5th 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- SES (Euronext Paris and Luxembourg Stock Exchange: SESG) held its Annual General Meeting (AGM) today in Betzdorf, Luxembourg.

The shareholders approved all proposed resolutions, notably the company's 2017 accounts and the proposed dividend of EUR 0.80 per A-share, which will be paid to shareholders on 25 April 2018.

Further to the decision to reduce the number of directors from 18 to 15, shareholders re-elected five new directors for a three year term: Serge Allegrezza, Hadelin de Liedekerke Beaufort, Conny Kullman, Jean-Paul Senninger and Katrin Wehr-Seiter.

Following the shareholders’ meeting, the Board of Directors re-elected Mr Romain Bausch as Chairman as well as Mr François Tesch and Mr Jean-Paul Zens as Vice Chairmen.

The 2017 Annual Report is available for download at: http://www.ses.com/annual-report

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About SES

SES is the world-leading satellite operator and the first to deliver a differentiated and scalable GEO-MEO offering worldwide, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 16 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in two key business units: SES Video and SES Networks. The company provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. SES’s portfolio includes ASTRA, O3b and MX1, a leading media service provider that offers a full suite of innovative digital video and media services. SES is listed on the Euronext Paris and Luxembourg Stock Exchange (ticker: SESG). Further information available at: www.ses.com





View source version on businesswire.com: https://www.businesswire.com/news/home/20180405005707/en/

Contacts

SES
Markus Payer
Corporate Communications
Tel. +352 710 725 500
Markus.Payer@ses.com

Permalink : http://aetoswire.com/news/ses-shareholders-approve-all-resolutions-at-annual-general-meeting-1/en

TSYS and Mashreq Bank Announce the Successful Implementation of PRIME℠ for Acquiring Services

Award winning financial institution in Dubai successfully deploys TSYS’ payments processing solution


COLUMBUS, Ga. & DUBAI, United Arab Emirates-Tuesday, April 3rd 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- TSYS (NYSE: TSS) and Mashreq Bank announced today that Mashreq has successfully implemented TSYS’ PRIME software licensing solution, to enhance the bank’s customer-centric experiences for its merchants. TSYS is providing Mashreq with its core PRIME℠ acquirer and issuer payments platform — and surrounding modules and services.

The first phase of the implementation followed industry best practices across planning, development and solution design, resulting in the successful launch of acquiring services within 8 months of contract signing. The second phase of the project — to include PRIME’s issuing solutions — will be deployed later this year.

“We at Mashreq are delighted to partner with TSYS for our acquiring platform as the system offers more flexibility and scalability to our merchant business. The joint efforts led to the project being executed seamlessly and at an extraordinary pace. We are looking forward for more collaboration with TSYS in Phase II to serve our customers better using the PRIME platform,” said Mr. Pankaj Kundra, Head of Payment, Mashreq Bank.

TSYS is providing Mashreq with acquiring solutions, including the core PRIME solution that enables Mashreq to manage its merchant relationships, and enable fast merchant onboarding. Additional solutions that will implemented during phase one, include PRIME Fraudguard to protect cardholders against fraud, PRIME Dispute Manager to efficiently manage transaction disputes for fast resolution, and TSYS InterActiv Interchange Pricing to allow Mashreq to better manage its merchant portfolio with respect to interchange and related costs.

In addition to implementing PRIME’s issuing solutions later this year, the final phase of the project will also focus on Mashreq’s multi-channel acquiring with support for payment gateway for e-Commerce, merchant portal with dashboard reporting, dynamic currency conversion and payment acceptance support for all major payment schemes. Mashreq will also consolidate and manage its card issuance with PRIME across multiple countries, beginning with UAE, and followed by Kuwait, Bahrain, Egypt and Qatar.

“We’ve established a great partnership with Mashreq, which provides the foundation of success. Together, we implemented the PRIME platform and we’re able to provide a solution designed to support their customer communication and ever-evolving payment needs,” said Rene Kruse, Group Executive and Managing Director of International Markets, TSYS.

About Mashreq

Established in 1967, Mashreq is the oldest privately held Bank in the UAE with award winning financial solutions and services. Throughout its 50 years’ history, Mashreq has differentiated itself through innovative financial solutions, making it possible for its customers to achieve their aspirations. Today, Mashreq has a significant presence in 11 countries outside the UAE with 21 overseas branches and offices across Europe, USA, Asia and Africa.

Mashreq launched its new Vision and Mission recently, outlining its commitment towards its clients, colleagues and the community. In line with its new Vision to be the region’s most progressive bank, Mashreq leverages its leadership position in the banking industry to enable innovative possibilities and solutions for its customers across Corporate, Retail, International, Treasury and Islamic Banking. Mashreq is proud to be the first financial institution in the UAE to be awarded the Gallup Great Workplace Award for four consecutive years from 2014-2017. Mashreq also continues to invest in recruiting, training and developing future generations of UAE National bankers.

About TSYS

TSYS® (NYSE: TSS) is a leading global payments provider, offering seamless, secure and innovative solutions across the payments spectrum — from issuer processing and merchant acquiring to prepaid program management. We succeed because we put people, and their needs, at the heart of every decision. It’s an approach we call ‘People-Centered Payments®’.

Our headquarters are located in Columbus, Ga., U.S.A., with approximately 12,000 team members and local offices across 13 countries. TSYS generated revenue of $4.9 billion in 2017, while processing more than 27.8 billion transactions. We are a member of The Civic 50 and were named one of the 2018 World’s Most Ethical Companies by Ethisphere magazine. TSYS is a member of the S&P 500 and routinely posts all important information on its website. For more, visit tsys.com.




Contacts

TSYS Media Relations
Cyle Mims, +1 706-644-3110
cylemims@tsys.com
or
TSYS International Marketing
Sara Ruffell, +357 22882600
sararuffell@tsys.com
or
Mashreq Public Relations
Rana AlBorno, +971 4 6083703
RanaAlb@mashreq.com



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Viewers in the Caribbean Gain Access to New, High-Quality TV Offer with Kiwisat and SES Video

 Video consumers now have more TV choices with Kiwisat’s affordable DTH package which offers exclusive content and largest number of HD channels

LUXEMBOURG-Thursday, April 5th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Satellite TV provider Kiwisat is launching a new DTH offering in the Caribbean to deliver top-quality but accessible TV entertainment to consumers on the islands using SES’s satellite SES-10.

Under the long-term agreement announced by SES, Kiwisat is leasing capacity on SES-10 to deliver about 130 channels, including 90 HD channels. The DTH platform is mainly aiming at English-speaking islands, with an exclusive package of American TV channels, but also includes three French-speaking channels for French subscribers.

As the first platform to rely on the DVB S2X and HEVC standards in the North American pay TV market, Kiwisat offers the largest HD line-up in the Caribbean region.

To support the roll-out of Kiwisat’s DTH platform, SES Video conducted an ELEVATE training programme in Saint Martin, where Kiwisat is based. This training programme provides antenna installers with the right set of skills to execute high-quality installations of satellite dishes in TV homes, ensuring that subscribers will enjoy top-quality reception. As a starting point, SES trained 10 installers to help Kiwisat deploy its platform.

“The TV options in the Caribbean are quite limited in terms of quality and price, so when we decided to launch our TV offer in the region, we set very high standards for ourselves because we wanted to bring the best possible service to our consumers,” said Andrew Wang, CEO of Kiwisat. “SES has a track-record of providing high-quality broadcasting services which suited our expectations, but what truly made the difference is their full-fledged support. SES has been working with us every step of the way to build this project, and activities such as the ELEVATE training programme really added value to our business. I could not think of a better partner than SES to accompany us on our journey.”

“We are very excited to support Kiwisat in bringing new TV entertainment choices to the population in the Caribbean,” said Jurandir Pitsch, Vice President, Sales & Market Development for Latin America and Caribbean, SES Video. “Our SES-10 satellite, designed exclusively for Latin America, offers ideal coverage for Kiwisat over the Caribbean, with one beam dedicated to this area and Mexico. As the leading HD/UHD platform worldwide, SES Video is very well positioned to distribute high picture quality content to Kiwisat’s subscribers.”

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About SES

SES is a world-leading satellite operator and the first to deliver a differentiated and scalable GEO-MEO offering worldwide, with more than 50 satellites in Geostationary Earth Orbit (GEO) and 16 in Medium Earth Orbit (MEO). SES focuses on value-added, end-to-end solutions in two key business units: SES Video and SES Networks. The company provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions. SES’s portfolio includes ASTRA, O3b and MX1, a leading media service provider that offers a full suite of innovative digital video and media services. SES is listed on the Euronext Paris and Luxembourg Stock Exchange (ticker: SESG). Further information available at: www.ses.com

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180404006396/en/

Contacts

SES
Markus Payer, +352 710 725 500
Corporate Communications & PR
Markus.Payer@ses.com


Permalink : http://aetoswire.com/news/viewers-in-the-caribbean-gain-access-to-new-high-quality-tv-offer-with-kiwisat-and-ses-video/en

ABB Shareholders Approve All Proposals at Annual General Meeting

 - Jennifer Xin-Zhe Li, Geraldine Matchett and Gunnar Brock elected as new members of the Board

- Election of Chairman and Board members who stood for re-election

- David Constable, Frederico Fleury Curado and Jennifer Xin-Zhe Li elected to the Compensation Committee

- Ninth consecutive dividend increase approved

- Board and EC compensation approved

- KPMG elected as auditors for financial year 2018




ZURICH-Thursday, March 29th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The shareholders elected Jennifer Xin-Zhe Li, Geraldine Matchett and Gunnar Brock to join the Board and re-elected Peter Voser as member and Chairman of the Board. Jacob Wallenberg, Matti Alahuhta, David Constable, Frederico Fleury Curado, Lars Förberg, David Meline and Satish Pai were re-elected for another term while Ying Yeh and Louis R. Hughes decided not to stand for re-election. The shareholders also voted for the proposed Compensation Committee members.

The shareholders supported a ninth consecutive dividend increase to CHF 0.78 per share, up from CHF 0.76 last year. The dividend payment in Switzerland is planned for April 6, 2018. The shareholders also approved the management report, the consolidated financial statements and the annual financial statements for 2017.

Furthermore, shareholders approved in a binding vote the maximum aggregate compensation of the Board of Directors for the 2018–2019 term of office and of the Executive Committee for the 2019 financial year. In addition, in a non-binding vote the shareholders voted in favor of the compensation report for 2017.

The shareholders also approved the change of auditors and elected KPMG AG, Zurich, as auditors for financial year 2018.

A total of 869 shareholders attended the Annual General Meeting, representing 81.2 percent of the total share capital with a right to vote.

The final results of the Annual General Meeting will be published on www.abb.com later today.

ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing a history of innovation spanning more than 130 years, ABB today is writing the future of industrial digitalization with two clear value propositions: bringing electricity from any power plant to any plug and automating industries from natural resources to finished products. As title partner of Formula E, the fully electric international FIA motorsport class, ABB is pushing the boundaries of e-mobility to contribute to a sustainable future. ABB operates in more than 100 countries with about 135,000 employees. www.abb.com

Contacts

ABB Ltd
Media Relations
Phone: +41 43 317 71 11
Email: media.relations@ch.abb.com
or
Investor Relations
Phone: +41 43 317 71 11
Email: investor.relations@ch.abb.com

Permalink : http://aetoswire.com/news/abb-shareholders-approve-all-proposals-at-annual-general-meeting/en

Lakshya Internet Transforms Its B2B Retail with Fiorano iPaaS

Fiorano scalability enables an efficient distribution platform with a 360-degree view

SINGAPORE -Wednesday, April 4th 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Fiorano Software announced today that Lakshya Internet has implemented the Fiorano Cloud Platform (iPaaS) to scale its emerging B2B ecommerce business, transforming traditional distribution methods in India. Lock The Deal (LTD) is the company's technology-enabled end-to-end distribution platform for retailers, offering a wide range of products and brands. LTD's analytics are leveraged to claim benefits of cost efficiency, increased reach, higher level of customer engagement and quick, deep insights on buying behaviour.

Explaining the business challenges and strategy, Anurag Choube, Vice President, SAR Group, said, “We selected the Fiorano Cloud platform for its ability to scale on demand and effortlessly connect to any combination of cloud or on-premise applications. With Fiorano API, onboarding new retailers onto the platform has become faster. Fiorano enables rapid development and effective utilization of resources to add new services giving us a competitive edge in today's demanding environment.”

Fiorano seamlessly synchronized data across multiple systems (e.g. SAP, WMS, CRM, WMS [Vinculum], CRM, Holisol and Far-Eye), eliminating the previously error-prone manual interventions. Fiorano provides a flexible and robust integration layer for Business Orchestration and for the Web Service Arbitration engine that controls the flow of information between various systems used by Lakshya’s vendors. Fiorano also offers a full record of process integration, providing a 360-degree view for monitoring.

About Lakshya

Lakshya Internet was set up by the SAR group, a leading market player in the energy storage and water/air purification industries that employs over 4,000 people. Its services include logistics & warehousing, Salesforce automation, warranty and collection management. It has a mission to remove inefficiencies in retail distribution, allowing access to the widest range of products at transparent prices and terms.

About Fiorano

Fiorano, a Silicon Valley based USA (California) Corporation, is a trusted provider of Digital Business Backplane and enterprise integration middleware, high performance messaging and peer-to-peer distributed systems, since 1995. Global companies including AT&T Wireless, L’Oréal, NASA, Rabobank, Royal Bank of Scotland, US Coast Guard and Vodafone have deployed Fiorano to achieve digital transformation, yielding unprecedented productivity.


View source version on businesswire.com: https://www.businesswire.com/news/home/20180403006397/en/

Contacts

Fiorano Software
Sumit Kuhite, +1-650-326-1136
mediarelations@fiorano.com

Permalink : http://aetoswire.com/news/lakshya-internet-transforms-its-b2b-retail-with-fiorano-ipaas/en

Global Game Changers Descend on Sharjah for International Government Communication Forum 2018

• More than 40 speakers from 16 countries and modern history makers are taking part in IGCF

• Event is expected to welcome around 3,000 experts, government officials and media and communication professionals

Sharjah, United Arab Emirates-Wednesday, March 28th 2018 [ AETOS Wire ]

Sean Spicer, former Whitehouse Press Secretary (2017), Nobel Peace Laureate Lech Walesa, former Polish President who played a leading role in the fall of communism in the Eastern Bloc, Sir Timothy Berners-Lee, inventor of the World Wide Web and Jimmy Wales, founder of Wikipedia are among the many modern history makers speaking at Sharjah’s International Government Communication Forum that opened Wednesday (March 28).

Held with the support of His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the event is being hosted by the International Government Communication Centre (IGCC), a subsidiary of the Sharjah Government Media Bureau, from March 28-29 at Expo Centre Sharjah.

The 7th edition of the IGCF, being held under the theme ‘Digital Millennium… Where To?, is expected to welcome more than 3,000 communication experts, decision makers, government officials, government communication professionals, civil society organisations media personnel and students of communication and journalism.

Around 40 speakers from 16 countries, including global industry influencers and international policy advisors are taking part in the Forum, presenting sessions on subjects as diverse as ‘Digital Diplomacy in Government Communication’, ‘Media Charisma’ and ‘New Media in Serving Humanitarian Issues’.

The event features 18 panel discussions and inspiring sessions, 6 interactive talks, 4 brainstorming sessions for children and young adults and 7 workshops for journalists, government communication experts and visitors to the Forum.

Launched in 2012 under the directives of His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the event aims to highlight best practices to achieve more efficient and effective communication between the government and the public – a field in which the Emirate of Sharjah has played a leading regional role in terms of digital integration and smart government.


Contacts

Hussain Almulla, Media Relation Executive, +971563980067

Hussain.AlMulla@SGMB.ae


Permalink : http://aetoswire.com/news/global-game-changers-descend-on-sharjah-for-international-government-communication-forum-2018/en