BentallGreenOak Announces Closing of Merger Forming a Leading Global Real Estate Investment Platform

NEW YORK & TORONTO & LONDON & TOKYO-Tuesday 2 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- BentallGreenOak announced today the closing of the merger between Bentall Kennedy and GreenOak Real Estate. The combined company is called BentallGreenOak.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190701005907/en/

With head offices in New York, Toronto, London and Tokyo, and real estate investment professionals in 22 offices worldwide, BentallGreenOak has deep local knowledge and a strong, long-standing investment track record across the United States, Canada, Europe and Asia.

Gary Whitelaw (CEO), Sonny Kalsi (President), and John Carrafiell (Senior Managing Partner of BentallGreenOak’s UK and European business) stated, “We are very pleased to have received strong support for the merger from our respective investor clients and our employees in Europe, North America and Asia. As BentallGreenOak, we are committed to continuing to deliver strong investment performance and innovative investment, asset management and real estate operations strategies.”

BentallGreenOak is an affiliate of SLC Management, a global institutional alternatives asset management arm of Sun Life. Through SLC Management, clients and investors have access to a broad platform of solutions across public and private fixed income, as well as real estate equity and debt.

For more information, please visit www.bentallgreenoak.com.

About BentallGreenOak

BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BentallGreenOak serves the interests of more than 750 institutional clients with approximately $46 billion USD of assets under management (pro forma as of March 31, 2019) and expertise in the asset management of office, retail, industrial and multi-residential property across the globe. BentallGreenOak has offices in 22 cities across nine countries and three continents with deep, local knowledge, experience, and extensive networks in the regions where we invest and manage real estate assets on behalf of our clients. BentallGreenOak is a part of SLC Management which is the institutional alternatives asset management business of Sun Life.

BentallGreenOak includes BentallGreenOak (Canada) Limited Partnership, BentallGreenOak (U.S.) Limited Partnership and the real estate and commercial mortgage investment groups of certain of their affiliates, all of which comprise a team of real estate professionals spanning multiple legal entities. The assets under management shown above include real estate equity and mortgage investments of the companies within BentallGreenOak.

For more information, please visit www.bentallgreenoak.com.

About SLC Management

SLC Management is an institutional alternatives asset management business of Sun Life, comprised of the SLC Management Fixed Income Business and BentallGreenOak. Additionally, the SLC Management brand includes the investment division and General Account of Sun Life. As of March 31, 2019, SLC Management’s collective operations had assets under management (pro forma for the BentallGreenOak merger) of $159 billion (C$212 billion).

View source version on businesswire.com: https://www.businesswire.com/news/home/20190701005907/en/

Contacts
Media
Rahim Ladha
Vice President, Corporate Communications
BentallGreenOak
media@bentallgreenoak.com


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Tez Financial Services and Green Girls Organization Selected as Winners of Visa Everywhere Initiative: Women’s Global Edition After Worldwide Search

Two top women entrepreneurs from the FinTech and Social Impact challenges received $100,000 (USD) each and access to Visa’s network to grow their companies.

SAN FRANCISCO-Tuesday 2 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Visa (NYSE:V) recently hosted the Visa Everywhere Initiative (VEI): Women’s Global Edition, marking the first time the program has focused on organizations with at least one woman founder or co-founder from around the world who are changing the world by solving business and social challenges.

The new global competition spotlighted the underrepresented millions of women business and social impact leaders, tasking them to solve a FinTech and – for the first time – a Social Impact challenge for a chance to win $100,000 per challenge along with mentorship, access to Visa products and programs, and exposure to key participants in the commerce ecosystem. Nearly 1,300 applicants applied to participate in the program.

Just before the FIFA Women’s World Cup France 2019™ kick-off, 12 finalists from six regions pitched their innovative solutions to a panel of judges. Two finalists, Tez Financial Services from Pakistan, represented by its co-founder and business head, Naureen Hyat, and Green Girls Organization from Cameroon, represented by its founder, Monique Ntumngia, were selected as the winners of the FinTech and Social Impact challenges, respectively.

“As the worldwide rate of female entrepreneurship continues to rise, Visa is giving a voice to the collective strength of women who are creating impact in the global economy, spinning the fly wheel of innovation from the bottom up – and we will continue to do so through investments and partnerships that enable women-founded businesses to thrive,” said Marianne Mwaniki, Senior Vice President of Social Impact at Visa. “All of the finalists in this global Visa Everywhere Initiative are testaments to how diverse, women-owned businesses can grow, uplifting economies in communities across the globe, and we intend to provide them a platform to create connections and opportunities to succeed.”

The Women’s Global Edition is an extension of the established VEI program, and reflects Visa’s commitment to investment in women entrepreneurs. Since the inception of the VEI in 2015, more than 6,000 startups have participated in 24 innovation programs and have collectively raised more than $2.5 billion in funding. This year, Visa expanded the competition to include a global challenge for organizations with at least one woman founder to submit solutions that tackle the vast societal and business challenges facing social impact landscapes.

The FinTech competition measured how applicants leveraged their companies’ unique ability to solve or transform consumer and/or commercial payment experiences locally, regionally or globally. The FinTech winner Tez Financial Services from Pakistan, represented by Naureen Hyat, is the first fully digital financial institution in Pakistan providing frictionless financial services to the unbanked and under-banked via a smartphone application.

“The Visa Everywhere Initiative has been a remarkable opportunity for Tez, Pakistan and our cause to enhance financial inclusion,” said Naureen Hyat, Co-founder and Business Head of Tez Financial Services. “It has not only served as a driver for growth but has also allowed us to tap into the connectivity and numerous partners at Visa. I’m honored to be a part of such a thriving group of women entrepreneurs. All of these finalists have already achieved so much – I’m excited to continue to be a witness to our growth collectively beyond this competition.”

The Social Impact Challenge sought women-led businesses around the world who are supporting sustainable and inclusive livelihoods and strengthening their local or regional economies. The Social Impact winner Green Girls Organization from Cameroon, represented by Monique Ntumngia, is a non-governmental organization that trains women and girls to harvest and create renewable energy from the sun and bio-waste.

“This opportunity will allow Green Girls to reach more women and girls and expand our footprint to provide renewable energy,” said Monique Ntumngia, Founder of Green Girls Organization. “Visa’s network and support will not only help my organization scale but will provide a number of rural African communities sustainable energy sources from the sun and bio-waste – creating a ripple effect of impact.”

In addition to Green Girls and Tez, the following entrepreneurs competed for the two top prizes:

FinTech Finalists:

WeCashUp of France, represented by Annicelle Kungne, is the largest Pan African payment gateway that enables eCommerce companies to accept mobile money, cash and cards online in 36 African countries.
Papaya Global of Europe, represented by Eynat Guez, is a SaaS platform that supports total workforce management (payroll, PEO, and contractor management) along with benefits and a full cross-border payments solution in over 100 countries.
DinDin of Latin America, represented by Stéphanie Fleury, provides basic financial services to the unbanked and underbanked individuals and businesses in Brazil, through their app, web-based internet banking and API platforms. Their goal is to promote financial inclusion to more than 115 million people through their B2B2C financial ecosystem.
PoshVine of Asia Pacific, represented by Garima Satija, helps financial services organizations increase customer loyalty and share of spends through contextual, personalized perks and rewards administration. They are building a coalition customer loyalty program through their network of more than 15,000 merchant partners whereby users can earn and easily redeem points using linked debit or credit cards.
Alloy of North America, represented by Laura Spiekerman, provides real-time identity and risk decisioning for financial services, including KYC/AML and fraud checks.
Social Impact Finalists:

Isahit of France, represented by Isabelle Mashola, is an innovative, socially responsible and intelligent platform that links workers in socio-economically disadvantaged countries of Africa with French companies seeking to outsource digital tasks.
Grow.ly of Europe, represented by Mireia Badia, is a P2B lending platform that connects small-to-medium enterprises (SMEs) that need loans with investors that want to get a higher return on their savings. Grow.ly helps Spanish SMEs grow and develop, reducing their dependency on banks, giving them access to financing and generating growth and development.
Mujeres Del Pacífico of Latin America, represented by Fernanda Vicente, is one of the largest communities of entrepreneurs in Latin America. They have worked with more than 15,000 entrepreneurs in various countries and industries, supporting, connecting and training them.
Zigway of Asia Pacific, represented by Miranda Phua, helps low-income families get out of debt with a mobile application to access inexpensive, flexible “Nano Loans” via mobile-phones utilizing a fully-automated process.
NeedsList of North America, represented by Amanda Levinson, is a real-time needs registry for crisis response. NeedsList’s open marketplace increases community resilience, transparency and collaboration in crisis relief by tracking and predicting needs in real-time before, during, and after a disaster.
About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device, for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190630005105/en/

Contacts
Marni Goldberg
202-313-1253

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Startup World Cup 2020 Applications Are Open

Pegasus Tech Ventures’ global business plan competition, with a $1,000,000 grand investment prize, is looking for brilliant startups, regional partners, and corporate sponsors


SAN JOSE, Calif.-Tuesday 2 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Startup World Cup, a global startup pitch competition with a $1,000,000 grand investment prize, is back for another exciting year -- searching for the next world champion among the best startups from around the globe. Beyond finding great startup companies, the mission of Startup World Cup is to support the development and growth of innovation ecosystems in regions across the planet, and connect them to a global innovation network.

Thousands of startups from all around the world applied to the 2019 competition. Winners from 36 regional events across six continents pitched their startups at the Grand Finale in San Francisco in May 2019. Vietnamese startup Abivin beat all competitors and took home the $1,000,000 investment prize. Abivin leverages artificial intelligence to drive its logistics optimization platform. Canadian startup Klue, which provides competitive intelligence software for enterprise sales teams, was the second place. US-based Sonavi Labs, which develops smart stethoscopes, came in third.

Prior to the Grand Finale in San Francisco, the winners of the regional competitions in Europe participated in a continental championship, the Startup World Cup Summit in Prague. The winner of that competition, Mimbly from Sweden, won a $500,000 investment prize from the local sponsors, Up21 and Air Ventures. Mimbly has developed a cleantech solution for wastewater from laundries, saving money and water, and reducing microplastic pollution.

Startups interested in global exposure, mentorship from global investors, and significant prize money are encouraged to apply for any of the Startup World Cup 2020 regional competitions.

Application site: http://www.startupworldcup.io/applynow

Looking for Regional Partners

Startup World Cup regional events are co-hosted with leading technology and startup conference partners, including ad:tech in Japan, SWC Summit in Czech Republic, Startup Italia Open Summit in Italy, Open Data Science Conference in the US, Trescon World Blockchain Summit in Singapore, U.A.E. and Kenya, Silicon Vikings in Scandinavia, Talent Land in Mexico, and many more.

Due to the significant number of inquiries from new regions, Startup World Cup has decided to increase the global outreach for 2020 series and is now welcoming new regional partners and media partners. If you are interested in hosting a Startup World Cup in your region, please contact us at http://www.startupworldcup.io/partner.

Looking for Regional and Global Sponsors

Startup World Cup is sponsored by a large group of international corporations, accounting firms and law firms, including Microsoft, SEGA Sammy, EY, Deloitte, Orrick, Wiley Rein, and others. Sponsors support the mission of Startup World Cup to find the most promising startups and connect them with regional and global thought leaders, corporate partners and investors.

The Startup World Cup Grand Finale has featured prominent figures from the high tech community, including Steve Wozniak (Co-Founder of Apple), Reid Hoffman (Founding CEO of LinkedIn), Marcelo Claure (COO of SoftBank Group), Tim Westergren (Founder & Former CEO of Pandora), Ray Lane (Former President & COO of Oracle), Marc Randolph (Co-Founder of Netflix), Adam Cheyer (Co-Founder of Siri), Vinod Khosla (Co-Founder of Sun Microsystems), John Chambers (Chairman Emeritus of Cisco), Window Snyder (Former CSSO of Intel), and more. Startup World Cup had veteran investors from Kleiner Perkins, Y Combinator, NEA, Techstars, Intel Capital, M12, 500 Startups, GE Ventures, DFJ, IBM Ventures, Social Capital, Index Ventures, and Plug and Play Ventures, as well as investors from all over the world, judging the global and regional finals.

The 2020 Startup World Cup Grand Finale is scheduled for May 2020 in San Francisco.

To become a sponsor or partner, please contact us at http://www.startupworldcup.io/partner.

About Startup World Cup

To advance the goal of building a broad global network of corporate partners, venture investors and startup companies, Pegasus Tech Ventures organized the Startup World Cup, now one of the largest startup competitions worldwide – with startup competition events in over 36 cities around the world, across six continents, and a $1,000,000 grand investment prize. Startup World Cup reflects the Pegasus commitment to finding the best startup companies across the globe and supporting innovation ecosystems worldwide. For more information about Startup World Cup, visit www.startupworldcup.io.

About Pegasus Tech Ventures

Pegasus Tech Ventures, headquartered in Silicon Valley, is a global venture capital firm with offices across North America, Europe and Asia. Pegasus takes a novel approach through its Venture Capital-as-a-Service (VCaaS) model, managing multiple funds for well-known, global corporations, investing into cutting-edge technology startups, and connecting portfolio companies to its global corporate partners network to accelerate growth. For more information about Pegasus Tech Ventures, visit www.pegasustechventures.com.

Contacts
Startup World Cup & Pegasus Tech Ventures
Shirley Li
swc@pegasusventures.com


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S BLOCK in Southeast Asia：Explore Vietnam, Exploring Danang; Discover Blockchain, Discovering S BLOCK

BERN, Switzerland -Friday 28 June 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- The Digital Economy Application Summit by S BLOCK was successfully held on 26 June 2019 in Danang, Vietnam. This particular summit was hosted by S BLOCK Vietnam Community, co-organized by Magic Kingdom Club in collaboration with Top Market Group Finance and Black Hole Finance media.

Recently, due to the emergence of high-quality projects such as S BLOCK, Vietnam has once again set off a blockchain boom, and Vietnam has reached its highest point in market attention! Recently, according to the reliable source, S BLOCK Vietnam Community held an important economic summit in Vietnam at the end of June. More than 100 industry leaders, 500 well-known economic and blockchain media, over 2,000 industry elites across the world attended the event. The main purpose of the summit is to promote the industry development, to boost Vietnam tourism, and to collaborate and learn more about the blockchain industry. According to relevant news, thanks to the emergence of high-quality projects such as S BLOCK, Vietnam once again took the blockchain boom!

Vietnam, a country with a geographical advantage in Southeast Asia, is rapidly developing in various industry sectors (including blockchain) and is listed as one of the fastest growing countries in Southeast Asia. Its unique geographical advantage has also become the first choice for quality projects including S BLOCK for the launch of the promotion.

After the summit on 26 June, most of the visitors have traveled in Da Nang, discover world-famous attractions and also experience cultural in Vietnam. The successful hosting of the summit helped Vietnam raised its position and prestige in the world arena, and gained more sentiments from foreigners, thereby attracting more international tourists, even those who have not known much about Vietnam. Vietnam is an emerging market with very high dynamics in its economic growth and blockchain may become a big thing in Vietnam, said the organizer of the summit this afternoon.

S BLOCK Vietnam Community official report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190627005341/en/

Contacts

SBLOCK FOUNDATION PTE. LTD
Jennifer Bialek
contacts@sblock.com
www.sblock.com

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CoinDeal Celebrates Wolverhampton Wanderers Sponsorship Renewal with the Launch of an Innovative Free Token

• CoinDeal, global cryptocurrency exchange, to continue as official sleeve sponsor of Wolverhampton Wanderers for 2019/20 English Premier League season

• Exciting new CoinDeal token, CDL, offers a variety of benefits and is available free of charge to 450,000 users

• CoinDeal’s rapid growth to extend to over 40 US states by 2020


WOLVERHAMPTON, England-Monday 1 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Global cryptocurrency exchange platform, CoinDeal, has confirmed the extension of its sponsorship of Wolverhampton Wanderers for a further year and, to celebrate, has launched an innovative new token, CDL, as the company expands into the USA.

CoinDeal’s sleeve sponsorship of the English Premier League club will mean its logo continues to appear on the first team playing kit.

The original deal, the world’s first cryptocurrency exchange football sponsorship, coincided with Wolves’ remarkable seventh-place finish in the English Premier League that secured European football for the club for the first time in nearly 40 years.

CoinDeal’s new token, CDL, is available now from www.coindeal.com completely free of charge to 320,000 existing users and to 130,000 new CoinDeal users. The CDL token provides higher liquidity within the CoinDeal exchange and additional pairings with cryptocurrencies and fiats.

The variety of benefits continue, with lower trading fees, advanced trading features, Fast Pass priority user support and a multi-tier staking system that can remove fees altogether.

The extension of the Wolves sponsorship and the launch of the CDL token follows a rapid rise for CoinDeal over the last 12 months. CoinDeal has secured over 320,000 users, achieved a record 24 hour trade volume of over US$32million earlier this year* and was listed by The Tie (www.thetie.io) as the cryptocurrency exchange with the fourth highest expected volume in 2019**.

CoinDeal’s move into the US marketplace is designed to build on this momentum, continue the levels of growth and cement CoinDeal’s position as a premier global cryptocurrency exchange. CoinDeal will initially be available in 14 states*** and will expand to over 40 with a USD pairing by 2020. The CoinDeal platform currently allows users from the selected states to register and receive free CDL tokens.

Kajetan Maćkowiak, CoinDeal co-founder commented, “We are delighted to renew the contract with Wolverhampton Wanderers following the success of our first year as official sponsor and will continue to work closely with the club to communicate the CoinDeal message to a global audience. We wish them good luck for another successful season in the Premier League and throughout their Europa League campaign.

“In the last 12 months we have seen CoinDeal grow rapidly and we are delighted to announce that we now have over 320,000 users globally. As the CoinDeal brand goes from strength to strength, we are excited about the growth opportunity that the move into the US market offers.

“The launch of the CDL token is designed to help accelerate this growth, it is a fantastic opportunity for new users to start trading for free and for all CoinDeal users to take advantage of a variety of other benefits on a premier global Cryptocurrency exchange.”

In addition to the expansion into the US marketplace, CoinDeal has received membership into the VQF (Financial Services Standards Association). The VQF licence not only confirms CoinDeal’s financial credibility but also allows it to start operations in Switzerland as CoinDeal Swiss.

For more information please visit www.coindeal.com

Video: CoinDeal and Wolverhampton Wanderers sponsorship renewal - view here

Notes to editors:

*CoinDeal record daily trade volume on 15/05/19: US$32,675,859
**The Tie – Top 100 CryptoCurrency Exchanges by expected volume
***Initial US states include Indiana, Idaho, Kansas, Montana, New Hampshire, New Jersey, Pennsylvania, Tennessee, Texas, Virginia and Wisconsin.

CDL Tokens

The CDL token was created using EOS blockchain and will offer fast transaction times and significantly reduced network fees in comparison to most ERC20 tokens.

The total supply of CDL tokens is 50,000,000 and following the completion of the giveaway CoinDeal will launch a variety of pairings with crypto and fiats.

CoinDeal

CoinDeal offers access to over 55 crypto markets including the most popular cryptocurrencies such as Ethereum, Bitcoin or Litecoin. CoinDeal also offers access to many FIAT currencies including the Euro (EUR), Dollar (USD), British Pound (GBP), Polish Zloty (PLN), Rouble (RUB) and Korean Won (KRW).

CoinDeal stands apart from other companies as they allow their users to choose new cryptocurrency by voting so that everyone can take part in growth of the trading platform.

Contacts

Katarzyna Pergoł
media@coindeal.com

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Boehringer Ingelheim Expands Nonalcoholic Steatohepatitis (NASH) R&D Pipeline With New First-in-Class Compound from Yuhan Corporation

•    Boehringer Ingelheim focuses on the development of next generation NASH treatments that target all three key drivers of the disease - steatosis, inflammation and fibrosis

•    Collaboration aims to develop first-in-class dual agonist (GLP1R/FGF21R agonist) for NASH

•    Yuhan Corporation to receive up to USD 870 million in upfront and success-based development and commercialization milestones, excluding royalties

INGELHEIM, Germany & SEOUL, South Korea-Monday 1 July 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Boehringer Ingelheim and Yuhan Corporation today announced a collaboration and license agreement for the development of a first-in-class dual agonist for the treatment of NASH and related liver diseases that combines GLP-1 and FGF21 activity in one molecule. The collaboration brings together Yuhan Corporation’s expertise in FGF21 biology, obesity and NASH with Boehringer Ingelheim’s pharmaceutical expertise and commitment to bringing innovative medicines to patients with cardiometabolic diseases.

NASH often starts with the accumulation of fat in the liver, giving rise to inflammation and finally leading in many patients to liver fibrosis and cirrhosis. It has an especially high prevalence among obese and diabetic patients and is an area of high-unmet medical need with no treatments currently available. Boehringer Ingelheim believes that in many cases approaches targeting one of the features of NASH will not be able to achieve the desired resolution of NASH in patients with advanced stages of the disease. Thus Boehringer Ingelheim has built a comprehensive program to develop next generation therapy approaches targeting all three key drivers of the disease - steatosis, inflammation and fibrosis.

Preclinical evidence suggests high efficacy, when combining the gut-derived hormone GLP-1 with FGF21. The dual agonist (GLP1R/FGF21R agonist) is expected to reduce liver cell injury and hepatic inflammation by resolution of steatohepatitis as well as having direct antifibrotic effects and complements Boehringer Ingelheim’s R&D portfolio in NASH adding another potential first-in-class opportunity.

“We are excited about this new opportunity which adds to our longstanding and successful partnership with Yuhan Corporation,” says Dr. Michel Pairet, member of Boehringer Ingelheim’s Board of Managing Directors with responsibility for the Innovation Unit. “This partnership brings us closer to next generation treatments for patients with NASH,” adds Pairet.

”We look forward to working jointly with Boehringer Ingelheim, with its strong track record of bringing new treatments to patients with cardiometabolic disease. Boehringer Ingelheim’s clinical expertise will now be applied to the development of this drug which has the potential to make a real difference for patients with NASH,” says Jung Hee Lee, CEO and President at Yuhan Corporation. “This molecule, which is a fusion protein utilizing the long-acting (HyFc) technology of Genexine, has been developed in-house by Yuhan Corporation. Not only is our collaboration with Boehringer Ingelheim on this molecule Yuhan’s first external partnership with biologics, it is also the very first out-licensing of biologics targeting NASH from Korea,” adds Mr. Lee.

Boehringer Ingelheim has a long history of excellence in the discovery and development of medicines for patients with cardiometabolic diseases. It has established a broad portfolio of marketed products for thromboembolic diseases, type 2 diabetes, acute myocardial infarction, hypertension, and cardio-renal risk reduction. The cardiometabolic diseases pipeline extends beyond type 2 diabetes and anticoagulation with a focus on innovative drugs for the treatment of the devastating consequences of diabetes as well as contributing factors like obesity.

Yuhan Corporation has over many years been a commercial partner for selected Boehringer Ingelheim cardiovascular and metabolic products in Korea. Under the terms of the agreement Yuhan Corporation will receive an upfront and near term payments of USD 40 million and is eligible to receive up to USD 830 million in potential milestone payments plus tiered royalties on future net sales.

Please click on the link for “Notes to the Editors”:
http://www.boehringer-ingelheim.com/press-release/collaboration-yuhan-corporation-nash

View source version on businesswire.com: https://www.businesswire.com/news/home/20190701005465/en/

Contacts
Media Contacts:
Boehringer Ingelheim
Dr. Reinhard Malin
Head of Communications Innovation Unit
Boehringer Ingelheim Corporate Center GmbH
Media + PR
P: +49 6132 77-90815
reinhard.malin@boehringer-ingelheim.com

Linda Ruckel
Associate Director, Media and Corporate Reputation
Boehringer Ingelheim U.S.
Media + PR
P: + 203-791-6672
linda.ruckel@boehringer-ingelheim.com

Yuhan Corporation
Investors:
Jaehong Park
Head of Investor Relations Team
+82 2-828-0265

Media:
Jongwon Kim
Manager, Public Relations Team
+82 2-828-0036


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BioCell Technology Announces BioCell Collagen® Skin Aging Clinical Trial Poster Presentation at ASN Nutrition 2019

Dietary supplementation with BioCell Collagen® significantly reduced facial lines and wrinkles, crow’s feet lines/wrinkles, increased skin elasticity and cutaneous collagen content, and decreased skin dryness compared to placebo.

IRVINE, Calif-Monday 1 July 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- BioCell Technology, LLC, a branded dietary ingredient supplier, today announced the presentation of The Effects of Skin Aging Associated with the Use of BioCell Collagen® in Healthy Adult Females: A Randomized, Double-blind, Placebo-controlled Clinical Trial. These results were presented in a poster session at the American Society for Nutrition (ASN) Nutrition 2019 on June 9, 2019, and are available at http://bit.ly/2WzhODi. This poster will be published as part of the proceedings of Nutrition 2019 by ASN. The manuscript of the study will be published in the online and print versions of the peer review journal Alternative Therapies in Health and Medicine (ATHM).

The goal of the study was to determine if a correlation existed between the effects of the dietary supplement, BioCell-Collagen®, with changes associated with skin aging. The study was a 128-female subject, 12-week, double-blind, placebo-controlled trial. Participants were randomly assigned to an intervention or a placebo. The intervention consisted of twice daily 500mg oral administration of BioCell Collagen®, a novel hydrolyzed chicken sternal cartilage extract dietary ingredient composed of a naturally-occurring matrix of collagen type-II peptides (≥300 mg), chondroitin sulfate (≥100 mg), and hyaluronic acid (≥50 mg).

For the 113 participants completing the study, BioCell Collagen® supplementation compared to a placebo resulted in:

Significantly reduced facial lines and wrinkles (P = .019) and crow’s feet lines and wrinkles (P = .05)
Increased skin elasticity (P = .008) and cutaneous collagen content (P < .001) by 12%
Improved indicators associated with a more youthful skin appearance based on visual grading and wrinkle width (P = .046)
Decreased skin dryness and erythema.
No difference existed between the supplement and the placebo for skin surface water content or retention. The supplement was well tolerated, with no reported adverse reactions.
“We are very excited to publish the findings of our largest study to date, which further supports the efficacy of our flagship dietary ingredient BioCell Collagen®. Human clinical studies continue to be the gold standard for substantiating dietary supplement claims and we take pride that our licensed partners can take advantage,” said Suhail Ishaq, president of BioCell Technology.

The latest study validates an earlier pilot study that demonstrated similar results- Schwartz SR, Park J. Ingestion of BioCell Collagen®, a novel hydrolyzed chicken sternal cartilage extract; enhanced blood microcirculation and reduced facial aging signs. Clin Interven Aging. 2012; 7: 267-273.

“An impressive example of how a series of studies, capped by a randomized, double-blind, placebo-controlled, supports a ‘beauty from within’ claim in healthy women. Even more impressive was that the results remained statistically significant even after an intention-to-treat analysis was performed that included the few subjects that dropped out of the study. Such an analysis is seen in only about 15-20% of randomized, placebo-controlled blinded clinical studies published in leading medical journals,” said Alexander Schauss, PhD, FACN, CFS, Senior Director of Research at AIBMR Life Sciences, and the corresponding author.

“It is important that the supplement industry conducts research at the pinnacle of good science and this includes a double blind, properly populated study like this one,” said Stephen Schwartz, President and CEO of International Research Services, Inc.

About BioCell Collagen®

BioCell Collagen® is a clinically tested branded dietary ingredient that promotes active joints, youthful-looking skin, and healthy connective tissues. BioCell Collagen® contains a patented composition of naturally occurring hydrolyzed collagen type II peptides, chondroitin sulfate and hyaluronic acid in a highly absorbable matrix form that has been the subject of numerous human clinical trials, including trials on safety, efficacy, and bioavailability. BioCell Collagen® is self-affirmed GRAS (Generally Recognized As Safe). BioCell Collagen® is non-GMO and free of gluten, soy, shellfish, fish, egg, milk, peanuts and sugar. BioCell Collagen® is made exclusively in the USA and Europe. For more information, visit www.BioCellCollagen.com.

About BioCell Technology, LLC

BioCell Technology is a research, product development, branding, and marketing company that manufactures innovative, science-based ingredients that have applications in dietary supplements, functional foods and cosmetics. The company licenses its branded ingredients to leading consumer packaged goods companies for use in their finished products. For more information visit www.BioCellTechnology.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190612005972/en/

Contacts
Suhail Ishaq
President of BioCell Technology, LLC
714-632-1231

Permalink : https://www.aetoswire.com/news/biocell-technology-announces-biocell-collagenreg-skin-aging-clinical-trial-poster-presentation-at-asn-nutrition-2019/en