Singapore family cord blood bank Cryoviva upgrades to AXP II System for cord blood processing

  • Widely recognised as a benchmark for volume reduction of cord blood processing, this FDA-cleared, functionally closed automated system allows for high recovery rate of mono-nuclear cells (MNCs) with greater safety and better quality, benefiting families storing their child’s cord blood.

Singapore, Mar 21, 2023 – (ACN Newswire) – Cryoviva Singapore, reputed to be among the top family cord stem cell banking companies in Southeast Asia, is making a significant upgrade to its cord blood processing capability with a switch to the AXP® II system.



The fully automated and programmable cell separation and recovery system, that allows for a fast and reproducible separation of cord blood in a sterile environment, reduces human error, accurate processing without damage to the cells and delivers consistent results. The AXP® II system, which has received both the CE mark and FDA 510K clearance, complies with good tissue practices (cGTP) and good manufacturing practices (cGMP). Globally, the system has already processed over a million cord blood units (CBU).

Designed to provide high-quality stem cell concentration from cord blood, the AXP® II system has demonstrated viable CD34+ stem cell recovery of >97% that is higher than most other known available systems. Moreover, CBUs processed with this system are seen to be richer in MNC than units that are conventionally processed with similar total nucleated cells (TNC).

“We are excited to be upgrading to the AXP® II system, which we believe provides the best outcomes for both our customers and us. Not only will our customers benefit from the quality and consistency of cord blood processing, but the system will also enhance the efficiency of our lab operations significantly with complete automation and software-driven tracking capabilities,” said Dr.Toh Keng Kiat, Medical Director.

“Cryoviva Singapore is committed to provide our customers with quality that is of the highest standard. Our upgrade to the AXP® II system is another investment towards that goal. The faster speed and efficiency accorded by the system’s capabilities will also improve our scalability and help us serve even more families. We will continue to invest in technologies and systems that will help us fulfil our mission to enable every family to discover the miracle of cord stem cells,” said Rajesh Nair, CEO of Cryoviva Singapore.

About Cryoviva Singapore

Established in 2014, Cryoviva Singapore (https://cryoviva.com.sg) is a reputed home-grown family cord blood bank in Singapore. The company is backed by reputed multinational investor organisations like RJ Corp, Indorama and MMI Singapore. The Cryoviva group has successfully stored over 160,000 umbilical cord blood units. Cryoviva Singapore’s cord blood storage facility is MoH-licensed, AABB accredited for both cord blood and cord tissue and ISO 9001:2015 QMS Certified. Cryoviva Singapore adheres to stringent processes and quality standards. Thanks to being centrally located and proximity to most major maternity hospitals in Singapore, cord blood samples reach its facilities very quickly and efficiently to ensure top quality maintenance upon storage.

Media Contact:
Natalie Lim
Marketing Manager
Tel: +65-83398482
E-mail: marketing@cryoviva.com.sg



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Avantor Named Best Bioprocessing Company in Chromatography at the Asia-Pacific Bioprocessing Excellence Awards

Singapore, Mar 16, 2023 – (ACN Newswire) – Avantor, a leading global provider of mission-critical products and services to customers in the life sciences, education, government and advanced technologies & applied materials industries, has been accorded the Best Bioprocessing Company for Chromatography at the Asia-Pacific Bioprocessing Excellence Awards 2023 (ABEA).


Narayana Rao Rapolu, Vice President – Biopharma AMEA and General Manager, SEAT (left) receiving the award from Dr Wei Kuang Chi (right) Distinguished Consultant, Development Center for Biotechnology


The award recognizes Avantor's ongoing efforts to provide innovative chromatography solutions that enable biopharmaceutical manufacturers to optimize processes and enhance product quality. With over four decades of experience in bioprocessing, Avantor is committed to addressing the complex challenges of downstream chromatography by providing a comprehensive range of equipment, products and services.

"Chromatography is one of the most important components in enabling scientific breakthroughs and bringing promising biologics to market effectively. This award is a testament to our commitment to developing and delivering innovative solutions that help our customers optimize their bioprocessing operations," said Narayana Rao Rapolu, Vice President – Biopharma AMEA and General Manager, South East Asia & Taiwan (SEAT) at Avantor. "Our chromatography solutions can play a critical role in supporting biopharmaceutical manufacturers' acceleration of their drug development timelines and improving the quality of their products."

"We are exceptionally proud to have been selected by the panel of industry experts and honored at this year's ceremony as the Best Bioprocessing Company – Chromatography. Avantor's chromatography solutions have demonstrated innovation and effectiveness in addressing the challenges faced by biopharmaceutical manufacturers, and we are excited to see the continued impact of these solutions in the industry," said Christophe Couturier, Executive Vice President of Asia, Middle East & Africa.

About Avantor

Avantor, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve. Our global footprint enables us to serve more than 300,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world. For more information, visit avantorsciences.com and find us on LinkedIn (www.linkedin.com/company/avantorinc/, Twitter (https://twitter.com/Avantor_News) and Facebook (www.facebook.com/Avantorinc/).

About Asia Pacific Bioprocessing Excellence Awards (ABEA)

The Asia-Pacific Bioprocessing Excellence Awards (ABEA) seeks to give recognition to exceptional Asian bioprocessing, biologistic, clinical trials and aseptic fill & finish experts, organizations and technologies over the past year. It celebrates outstanding achievements and innovations in the bioprocessing industry across the Asia Pacific region. The awards are judged by a panel of industry experts, and winners are selected based on their contributions to the advancement of the bioprocessing industry.

Regional Media Contact
Christina Koh
Director, Communications – AMEA
Avantor
M: +65 9720 0169
Christina.Koh@avantorsciences.com

SOURCE: https://bit.ly/3yMsNic

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

analytica Vietnam 2023: The Largest Gathering of Laboratory Technology, Analysis and Biotechnology Professionals in Southeast Asia

HO CHI MINH CITY, VIETNAM, Mar 16, 2023 – (ACN Newswire) – After its three-year hiatus, the seventh edition of analytica Vietnam will be held in Vietnam once again. The show will take place at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam from 19-21 April 2023. At this time, the exhibition is expected to attract more than 5,000 diagnostic professionals, buyers and decision-makers from the ASEAN region – Asia's most booming region, along with delegates from more than 30 countries in the world. The number of exhibitors and exhibition space of the upcoming trade fair has already reached its pre-COVID-19 records and are projected to go beyond the interest level of the last edition in 2019.

A wide range of exhibitors – including Thermo Fisher Scientific, Shimadzu, Merck, Leco, ITS, DKSH, 2H Instruments, Scilab, Eppendorf and Waters, will be presenting a top-class range of innovative products for the diagnostic labs industry, with a firm focus on new technological developments within the sector. The show stands to attract a healthy mix of both domestic Vietnamese and international exhibitors, including suppliers from lucrative markets in Germany, Italy, UK, Japan, Canada, Korea, Czech Republic, USA, Singapore, India, Thailand and China.
Potential Market: Vietnam's rapid growing market has huge demand for diagnostic labs products

The Vietnamese Diagnostic Labs Market is expected to grow from USD1,087.51 million in 2021 to USD1,749.95 million by 2027, presenting an estimated CAGR growth rate of 6.79%. The country's GDP growth reached 8.02% in 2022. Foreign Direct Investment reached USD 27.72 billion. Import-Export Turnover hit USD 732.5 billion with a trade surplus of USD 11.2 billion. With high GDP growth and increased public investment, Vietnam offers great market opportunities. – General Department of Vietnam Customs.

One of the core driving factors for the booming Vietnamese Diagnostic Labs Market is the burgeoning spread of transmissible and non-transmissible diseases among the older generation. More efforts are now placed into the rapid advancement of diagnostic techniques in the country and key global companies have already signed up to leverage this growing industry.

The government is also working on revolutionizing the healthcare infrastructure by investing sizeable funds into the development and construction of hospital facilities and diagnostic labs.

This has led to a massive surge in research and development activities by key market players to upgrade the existing infrastructure and find innovative solutions to improve the accuracy of diagnostics tests – such as adopting artificial intelligence technology in the diagnostics industry.

The sector is expected to offset a positive trajectory for the growth of the Vietnamese Diagnostic Labs Market, providing fruitful opportunities for you and your company to thrive in the region.

"The opportunity to bring back the entire laboratory industry back together at analytica Vietnam proves to be an exciting time for the ASEAN region and our international players. The upcoming exhibition is proving to be garnering the same levels of interest pre-pandemic and we are truly excited to see the reunion of the laboratory diagnostics and analysis sector amongst old and new faces alike," Michael Wilton, CEO and Managing Director of MMI Asia Pte Ltd affirmed.

Comprehensive Supporting Program that stands out:

analytica Vietnam conference for both visitors

Trends, innovations and everything else that moves the industry: the analytica Vietnam conference provides the perfect meeting point for the industry, where national and international experts from science and research report on the latest topics in the areas of Biomedical and Forensic Analysis, Novel Analytical Methods, Food Analysis and Safety and Environmental Analysis.

Educational Workshops to show case the advanced technology

The transfer of knowledge and continuing education are an important part of analytica Vietnam. Compact workshops and intense tutorials offer the current state of the art in technology to participants in a qualified, practice-oriented manner.

Exhibitor Forum to study the latest knowledge

The Exhibitor Forum offers an excellent platform to present companies' products and services to a professional audience interested in the applicability of laboratory technology, analysis, biotechnology and diagnostics related services and products.

Buyer-Seller Meetings to create the business opportunities

The pre-scheduled buyer-seller meetings allow exhibitors and visitors to meet easily and establish new business contacts. In 2019, 268 face-to-face meetings took place. Use this free-of-charge service to develop new business contacts.

About analytica Vietnam

With its exhibition areas of laboratory technology, analysis, biotechnology and diagnostics, analytica Vietnam with the analytica Vietnam conference targets the growing market of Vietnam. 143 exhibitors and 4,144 visitors participated in analytica Vietnam 2019. The trade fair takes place every two years. The upcoming edition will take place from April 19 to 21, 2023 at the SECC – Saigon Exhibition and Convention Center. More details can be found at www.analyticavietnam.com.

About analytica worldwide

Messe Munchen is the world's leading trade fair organizer for laboratory technology, analysis and biotechnology. The international network of exhibitions includes analytica, analytica China, analytica Anacon India & India Lab Expo, analytica Vietnam and analytica Lab Africa. Additional information about these exhibitions and their programs of events is available at www.analytica.de.

About MMI Asia Pte Ltd

MMI Asia Pte. Ltd. was set up as the regional headquarter and a wholly owned subsidiary of Messe Munchen in 1992. With subsidiaries in China and India, MMI Asia organizes trade fairs in China, India and ASEAN countries; promotes global trade expansion by facilitating participation of Asian exhibitors in Messe Munchen fairs worldwide; it also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations.

Press contact:
Syafia Naniesya (Nanie)
E: syafia@mmiasia.com.sg
T: +65 62360988
Marketing Executive
MMI Asia Pte Ltd

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Preventing Strokes and Heart Attacks Doesn’t Have to Come with the Risk of Life-threatening Bleeding

FREMONT, CA, Dec 14, 2022 – (ACN Newswire) – Verseon is delighted to announce that the European Journal of Medicinal Chemistry has published a paper (www.sciencedirect.com/science/article/abs/pii/S0223523422007577) describing the company's groundbreaking research that led to promising novel drug candidates for cardiovascular disease. Cardiovascular disease is the leading cause of death and disability in the world. Hundreds of millions of patients worldwide need anticoagulants to prevent clots that lead to life-threatening events like strokes, heart attacks, and pulmonary embolisms.

However, currently prescribed so-called novel oral anticoagulants (NOACs) carry well-documented risks of major bleeds, which in many cases require hospitalization and can be life threatening. Developing drugs that prevent unwanted clots while preserving the body's ability to stop excessive bleeding is the "Holy Grail" of anticoagulant drug programs. Verseon is developing a new generation of anticoagulants called PROACs (Precision Oral Anticoagulants) that address this significant unmet medical need.

The peer-reviewed paper documents how Verseon's medicinal chemistry team optimized various physicochemical properties — including potency, selectivity, and in vivo stability — of compounds from a novel class called N-acylpyrazoles. The resulting reversible covalent thrombin inhibitors are highly effective at preventing clots in vivo. Yet unlike NOACs, they do not inhibit thrombin-mediated activation of platelets, a critical step to stop injury-induced bleeding. Because of their unique mechanism of action, Verseon's drug candidates have demonstrated comparable efficacy to NOACs but with far lower bleeding risks in animal tests. The first lead candidate from this program is currently in clinical trials.

"We are pleased to publish the discovery of this novel class of direct thrombin inhibitors with unique pharmacology," commented Dr. David Kita, Verseon's Chief Scientific Officer. "We look forward to describing further work behind the development of our first PROAC clinical candidate (VE-1902), which we expect will address a significant unmet medical need affecting a very large number of cardiovascular patients worldwide."

The scientific paper, entitled "Discovery of novel N-acylpyrazoles as potent and selective thrombin inhibitors," is available at https://doi.org/10.1016/j.ejmech.2022.114855.

About Verseon

Verseon International Corporation (www.verseon.com) is redefining delay, prevention, and treatment of disease. Using its unique physics- and AI-based molecule-engineering platform, Verseon is rolling out a steady stream of life-changing medicines. Each of the company's drug programs features multiple novel candidates with unique therapeutic properties. Verseon's pipeline currently includes seven drug programs spanning major cardiometabolic diseases and cancers.

Verseon's precision oral anticoagulants (PROACs) are potent, highly selective, reversible covalent inhibitors of thrombin. PROACs have shown excellent efficacy in multiple preclinical studies. The fact that PROACs do not disrupt platelet function and demonstrate correspondingly low bleeding risk makes them excellent candidates for use in long-term combination anticoagulant-antiplatelet therapy. The first development candidate, VE-1902, is currently in clinical trials. Among other unique properties of PROACs, VE-1902 has very low renal clearance, a highly desirable feature for patients with impaired kidney function. Verseon also has a second anticoagulant development candidate, VE-2851, which is expected to enter clinical trials at a later date.

Contact:
Walter Jones
mediarelations@verseon.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CMS (867.HK) Joins Hand with Incyte on Ruxolitinib Cream, Brings 1st Repigmentation Drug for Vitiligo Patient

SHENZHEN, CHINA, Dec 6, 2022 – (ACN Newswire) – China Medical System Holdings Limited (CMS, 867.HK) acquired another blockbuster innovative product in dermatology filed. On December 2, CMS announced that it had, through one of its subsidiaries, a dermatology medical aesthetic company (“CMS Aesthetics”), reached a collaboration agreement with Incyte, a global biopharmaceutical company, obtaining the license for the development, production, registration and commercialization of Ruxolitinib Cream in mainland China, Hong Kong, Macau, Taiwan and eleven countries in Southeast Asia (“Territory”), commencing on its effective date and with a royalty term of ten years from the date of the products’ first commercialization in the Territory, which, after expiration, may be renewed for another 10 years or longer as per certain conditions.

Ruxolitinib Cream is the only topical JAK inhibitor and the first vitiligo repigmentation drug approved by the U.S. FDA. Through this transaction, CMS once again brings a novel treatment option for patients with unmet medical needs.

The first and only vitiligo repigmentation therapy approved by the U.S. FDA

Ruxolitinib Cream is a cream formulation of Incyte’s first-in-Class medicine, ruxolitinib, selectively inhibits Janus kinase 1 and 2 (JAK1/JAK2), with composition patent, formulation patent and use patent.

The product was approved by the FDA in July 2022 for the topical non-segmental vitiligo patients. Previously, it was approved by the FDA in September 2021 for the topical short-term and non-continuous chronic treatment of mild to moderate atopic dermatitis (AD) in non-immunocompromised adult and pediatric patients 12 years of age and older whose disease is not adequately controlled with topical prescription therapies or when those therapies are not advisable. The product also has the potential to meet the clinical needs of other autoimmune inflammatory dermatological diseases.

In July this year, Ruxolitinib Cream became the first and only drug approved by the U.S. FDA for vitiligo patients repigmentation. This approval was mainly supported by the positive results of two pivotal Phase 3 clinical studies (TruE-V1 and TruE-V2), specifically:

  • Primary endpoint: At week 24, approximately 30% of patients treated with Opzelura (Ruxolitinib Cream) achieved ≥75% improvement from baseline in the facial Vitiligo Area Scoring Index (F-VASI75), compared to approximately 8% and 13% of patients treated with vehicle in TRuE-V1 and TRuE-V2, respectively. At Week 52, approximately 50% of Opzelura-treated patients achieved F-VASI75.
  • Key secondary endpoints: at Week 24, more than 15% of patients treated with Opzelura (Ruxolitinib Cream) achieved ≥90% improvement from baseline in F-VASI (F-VASI90), compared to approximately 2% of patients treated with vehicle. At week 52, the percentage of patients treated with Opzelura (Ruxolitinib Cream) that achieved F-VASI90 doubled to approximately 30%.

Ruxolitinib Cream is a topical preparation with long-term safety performance proven by pivotal clinical trials for 52 weeks, in which no serious drugs-related adverse events reported.

Ruxolitinib Cream brings novel treatment option for vitiligo patients

Vitiligo is an autoimmune disease characterized by localized or generalized depigmentation of the skin and mucous pigment and gradually enlarged and irreversible white spots. Vitiligo is more likely to occur in areas with exposed skin such as the face, neck and limbs, and it is initially found in heads and faces of about 40% vitiligo patients. As the disease seriously affects the appearance of patients, and the incidence among young people and women is high, extensive patient with vitiligo are suffering from the “appearance anxiety”. At the same time, some people prejudice against vitiligo patients and estrange from them with the misconception that vitiligo is contagious, hereditary, etc., which have aggravated the patients’ stigma in their daily life. According to a paper published in The Lancet, it is estimated that there are about 14 million people with vitiligo in China, and nearly 6.5 million people with vitiligo in 11 countries in Southeast Asia.

At present, vitiligo is generally treated with off-label drugs combined with laser treatment in China. As vitiligo is a chronic disease, patients need long-term and continuous treatment. However, the existing off-label drugs for vitiligo, such as topical glucocorticoids (TCS) and calcineurin inhibitors (TCI), have clinical pain points such as adverse reactions and uncertain efficacy with long-term medication.

Ruxolitinib Cream, with good efficacy and limited side effects, will fulfill the unmet clinical needs, provide an effective innovative therapy for vitiligo patients, and improve their quality of life.

Joining hands with Incyte, CMS wins Ruxolitinib Cream with strong competitiveness in dermatology filed

As a global biopharmaceutical company headquartered in the United States founded in 2002, Incyte, in partnership with CMS, is continuously advancing its drug pipeline in the fields of hematology/oncology and inflammation/autoimmunity. Incyte has licensed-out a number of its products to well-known pharmaceutical companies at home and abroad, such as Novartis (ruxolitinib tablets, for the treatment of myelofibrosis, etc.), Lilly (JAK inhibitors with oral administration, for the treatment of severe alopecia areata, etc.), Innovent (FGFR1 /2/3 inhibitors and other oncology drugs), Zai Lab (PD-1, for the treatment of hematologic and solid tumors).

Ruxolitinib is a flagship product of Incyte. Since the first indication for Ruxolitinib Cream was approved in September 2021, its sales has grown rapidly. According to Incyte’s Report, the sales of Ruxolitinib Cream in the United States in 2021 was approximately USD$5 million, and approximately USD$30 million in the first half of 2022; Following approval of the indication for vitiligo, its sales revenue in the third quarter alone of 2022 rose rapidly to about $38 million, has surpassed total sales revenue in the first half of 2022.

As a flagship product, the collaboration on Ruxolitinib Cream in China and Southeast Asia markets must be very attractive to many well-known pharmaceutical companies in China. In the selection of partners for its flagship products, Incyte has clear criteria. According to public reports, the partner chosen by Incyte for the Ruxolitinib Cream in the Japan market is Maruho Co., Ltd. (founded in 1915), a leading dermatology pharmaceutical company in the Japanese market. With Ruxolitinib Cream as a medium, Incyte has obvious intentions to bring together top dermatology specialty companies.

The partnership between Incyte and CMS creates strong alliance that could make the most of respective strengths of each other in the dermatology field.

CMS has deeply rooted in the dermatology field for years, and promoted the independent operation of its dermatology line in January 2021, to improve scale efficiency of the business with in-depth development. As at June 30, 2022, CMS has built a dermatology promotion team of about 600 people, covering more than 20,000 dermatologists. Of its marketed dermatology products with professional brand image, Hirudoid (a skin barrier repair agent with multiple functions) has gained a leading market position in China; Aethoxysklerol is an international brand for the treatment of sclerotherapy of varicose veins with years of clinical application. At present, CMS Aesthetics has 8 marketed products and more than 10 pipelines products, covering dermatology prescription medicines, light medical aesthetic products, energy-based medical aesthetic devices and dermatology grade skincare products, and etc. While continuously enriching its product matrix, CMS Aesthetics is committed to becoming a leader in the dermatology field.

“We are excited to partner with CMS and leverage their dermatology expertise to expand the global opportunities for Ruxolitinib Cream as a potential treatment for patients with immune-mediated dermatologic conditions in China.” said Hervé Hoppenot, Chief Executive Officer, Incyte.

For this transaction, CMS expressed that it will leverage its own advantages in clinical development and commercialization to realize the marketing and sales of Ruxolitinib Cream in China and Southeast Asia as soon as possible, benefiting more patients. Meanwhile, it will continue to introduce high-quality innovative products globally with flexible, mutually beneficial collaboration models, and develop CMS Aesthetics into a leading company in dermatology, medical aesthetic health management in China.

Media Contact
Media Team, CMS
Email: ir@cms.net.cn
Website: http://www.cms.net.cn/

Source: China Medical System Holdings Ltd.



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

China Medical System (867.HK) S&P Global CSA Score Achieved Significant Improvement, Leading the Industry Globally

SHENZHEN, CHINA, Nov 18, 2022 – (ACN Newswire) – Recently, the S&P Global Corporate Sustainability Assessment (S&P Global CSA) released the 2022 Environmental, Social and Governance (ESG) scores for China Medical System Holdings Limited ("CMS" or the "Group"). CMS achieved a significant improvement with a score of 53 in 2022 from 36 in 2021, surpassing 92% of the global peers and being significantly ahead of the industry average. This result shows the Company's outstanding achievement from its active integration of ESG governance into strategic development and daily operation.

S&P Global CSA is the global leading assessment tool of corporate sustainability practices initiated by S&P Global. S&P Global CSA provides comprehensive evaluation on corporate sustainability performance, and the Group's identification and management abilities of potential opportunities and challenges by considering factors, such as corporate economy and governance, environment protection, and social responsibility. S&P Global CSA has been regarded, by stakeholders, as one of the most important references for making business or investment decisions.

Based on a well-established, scientific and effective ESG governance structure, CMS has been continuously improving its overall operations with the concept of sustainable development. Its latest S&P Global CSA-ESG scores indicated the Group has achieved significant improvements in several issues including Human Rights, Occupational Health & Safety, Supply Chain Management, Product Quality Management, Information Security & Cyber Security, Environment Policy & Management Systems, Addressing Cost Burden and Improving Access to Healthcare. Especially, the Group received excellent scores in Marketing Practices, Product Quality Management, and Addressing Cost Burden.

Adhering to compliant operations, CMS has built an honest, efficient, and open operational culture via a solid internal management system. By continuously enhancing its innovative product incubation platform and fully leveraging its strengths, the Group promotes diversified collaborative R&D and continues to build a pharmaceutical ecosystem in a collaborative setting for the benefit of all stakeholders, to improve pharmaceutical R&D efficiency, and constantly offer patients with accessible, affordable, and quality products. In the future, upholding visionary corporate mission and responsibility, CMS said it will continuously enhance its corporate governance, environment control practices, and social responsibility fulfillment, and promote the integration of ESG concepts into the Group's strategy, striving to be the leading sustainable pharmaceutical company in China.

Media Contact
Media Team, CMS
Email: ir@cms.net.cn
Website: http://www.cms.net.cn/

Source: China Medical System Holdings Ltd.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

InaVac gets emergency approval from BPOM

Surabaya, East Java, Indonesia, Nov 14, 2022 – (ACN Newswire) – The Food and Drug Supervisory Agency (BPOM) has issued emergency use authorization (EUA) for InaVac, a COVID-19 vaccine developed by researchers from Airlangga University (Unair).


InaVac, COVID-19 vaccine, is developed by the University of Airlangga in Surabaya, East Java Province. (ANTARA/HO-BPBRIN Unair)


"InaVac has obtained emergency use authorization from BPOM and will be mass-produced," the rector of Unair, Prof. Moh. Nasih, said on the sidelines of the campus' dies natalis (anniversary) on Wednesday.

The vaccine, which can be used to prevent a COVID-19 infection, has been made using an inactivated virus, which means, a virus that cannot reproduce and cause disease.

InaVac has been approved for use as a primary vaccine for people aged 18 and above for boosting immunity levels.

According to Nasih, the vaccine was developed as part of an effort by the university to significantly contribute to and impact the health sector.

Following the provision of EUA from BPOM, he expressed his gratitude to various stakeholders that have supported the development of the vaccine.

"Thank you to the Ministry of Health for providing support in the form of large amounts of funding; the provincial government has also provided extraordinary support," he remarked.

"Dr. Soetomo Hospital has also been very supportive. Equally important has been the role of Unair researchers who worked hard for this," he added.

Former state-owned enterprises minister Dahlan Iskan also expressed his pleasure over the completion of the domestically-made COVID-19 vaccine.

"I am happy because Unair has processed this vaccine to completion. How this vaccine was successfully launched, how to find people who want to undergo the vaccine. Finding people who are willing to be clinically tested is extremely difficult but Unair managed to finish it," he said.

It is hoped that after InaVac, more vaccines will be produced through continued research and development so that they can answer future challenges and problems.

Unair is currently developing a booster vaccine and a COVID-19 vaccine for children.

"The news about vaccines has been very encouraging; hopefully, later booster vaccines and children can be produced," he said.

For further information, please visit: https://www.unair.ac.id/

Written by: Abdul Hakim, Yashinta Difa, Editor: Fardah Assegaf (c) ANTARA 2022

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Olympus Announces Leadership Succession Plan

TOKYO, Oct 21, 2022 – (ACN Newswire) – Olympus Corporation (Olympus), a global medtech company committed to making people's lives healthier, safer and more fulfilling, today announced that Stefan Kaufmann, the current Director, Executive Officer and Chief Administrative Officer, has been tentatively appointed Director, Representative Executive Officer, President, and CEO of the company effective April 1, 2023. Yasuo Takeuchi, the current Director, Representative Executive Officer, President, and CEO will serve as Director, Representative Executive Officer, Chairman, and ESG Officer. These changes are scheduled to be formally decided by the Board of Directors at the end of March 2023.


Stefan Kaufmann tentatively appointed new Director, Representative Executive Officer, President and CEO as the global medtech leader prepares for the company's next stage of growth


The leadership transition is intended to strengthen the company's management foundation as Olympus executes its value-creation plan. Takeuchi has led Olympus' recent transformation journey to become a leading global medtech company. Moving forward, Kaufmann will lead the company's resources to elevate the standard of care in targeted diseases and pursue Our Purpose of "making people's lives healthier, safer and more fulfilling" and accelerate its growth.

Yasuo Takeuchi: Celebrated Architect of Change

Takeuchi's four-year tenure at the helm of Olympus saw the most extensive corporate reorganization in the company's storied 103-year history. An Olympus veteran with more than four decades of experience with the company, Takeuchi oversaw the transfer of the company's imaging and scientific solutions businesses and its renewed focus on medtech, with the introduction of a myriad of operational changes and structural reforms bringing improvements in efficiency, innovation, and customer care.

Key achievements include changing the governance structure into a nomination committee structure. This has resulted in an executive management structure consisting of fewer people, which has streamlined the internal decision-making process. Additionally, global governance structure has been strengthened by increasing management agility and enhancing diversity of Board of Directors. Takeuchi has expanded the global research and development network and has comprehensively managed the business on a global scale. He also spearheaded the company's global business development through acquisitions and early-stage investments to stimulate next-generation innovation.

Despite the volatility of the global economic environment in recent years, Olympus has achieved strong financial results and managed to reach committed targets, and is on track to achieving over 20% consolidated corporate operating margin.

Takeuchi stated: "It has been a privilege to lead Olympus through a historic moment for the company. With the completion of the groundwork of transformation in the first three years since the corporate strategy was announced in 2019, we can now shift to the next phase to accelerate growth and improve performance. I have full confidence that Stefan will continue this momentum. He has been instrumental in implementing the Transform Olympus initiatives and in shaping the future direction of the company to expand our contribution to global healthcare and address unmet needs with gastrointestinal, urological, and respiratory care solutions. After more than 15 years of working closely with Stefan, I look forward to continuing our partnership and to supporting him as he leads Olympus to the next level of growth and organizational efficiency."

Stefan Kaufmann: Enduring Focus on Growth and Impact

An Olympus veteran with two decades of experience in senior roles, Kaufmann has a background in human resources and a strong track record in driving transformational change for Olympus in the complex Europe, Middle East, and Africa region.

Kaufmann most recently served concurrently as Olympus' Chief Administrative Officer, Chief Strategy Officer, and Chief Transformation Officer, with responsibility for overseeing the implementation of the Transform Olympus program.

"I am honored and humbled at the opportunity to serve as the next Director, Representative Executive Officer, President, and CEO of Olympus," Kaufmann said. "After years of very successful transformation, we see further opportunities to advance our global operations and processes with a strong focus on elevating the standard of care to benefit our customers and patients. Looking three-to-five years ahead, our key themes will be innovation, research, and development and inorganic growth, competitive performance, talent development, and sustainability."

From April 2023, Kaufmann will drive the continued expansion of Olympus in the medtech field and prioritize business excellence as the company adapts to changing clinical needs and stricter ESG requirements.

Olympus will retain its strong customer orientation under Kaufmann and will continue to increase innovation cycles through in-house research, acquisitions, investment, and co-creation with industry partners. One of his priorities is the development of the quality and regulatory function toward further maturity, which is critical in the medical industry. He will also focus on evolving the work culture and developing the talent base in both Japan and globally.

Newly Appointed Executive Officers

The composition of the Group Executive Committee (GEC) will be changed following the leadership transition. The roles of Chief Administrative Officer and Chief Operations Officer will be dissolved, while the business leadership of ESD and TSD, Chief Quality Officer, Chief Human Resources Officer, as well as the Chief Strategy Officer will join the GEC, bringing a greater diversity of views and industry best practices.

About Olympus

Olympus is passionate about creating customer-driven solutions for the medical, life sciences, and industrial equipment industries. For more than 100 years, Olympus has focused on making people's lives healthier, safer and more fulfilling by helping to detect, prevent, and treat disease; furthering scientific research; and ensuring public safety. In its Endoscopic Solutions business, Olympus uses innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic, and minimally invasive procedures to improve clinical outcomes, reduce overall costs and enhance the quality of life for patients. Starting with the world's first gastrocamera in 1950, Olympus' Endoscopic Solutions portfolio has grown to include endoscopes, laparoscopes, and video imaging systems, as well as customer solutions and medical services. For more information, visit www.olympus-global.com and follow our global Twitter account: @Olympus_Corp.

Contact
Nao Tsukamoto – Global-Public_Relations@olympus.com

Olympus Corp. [TYO: 7733] [ADR: OCPNY] [GDR: OLYS], https://www.olympus-global.com.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

analytica Vietnam exhibition returns to reunite the industry after its 4 years hiatus

HO CHI MINH CITY, VIETNAM, Oct 11, 2022 – (ACN Newswire) – analytica Vietnam announces its return on 19-21 April 2023 to reunite the diagnostics laboratory industry in Southeast Asia after 4 years. It is part of the world's leading series of analytica exhibitions which is headlined by the world's largest show for this sector in Munich. The upcoming seventh edition of the trade fair for analysis, laboratory technology and biotechnology will be held at the Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam. Since its launch in 2009, analytica Vietnam has become the industry's most vital trade fair in the growing laboratory market in SEA. 2023 will be the first largest face-to-face reunion of the industry to resume its extensive conference program alongside supporting side events to accompany the exhibition. Companies who wish to exhibit can begin registration now for analytica Vietnam and rejoin industry experts – Analytik Jena, Merck, Metrohm, Mettler Toledo, Shimadzu and Water — at the exhibition next spring.

The largely expanding Vietnamese market for analysis, biotechnology and laboratory technology is displayed by the high demand for exhibiting opportunities at analytica Vietnam. In 2019, the trade fair recorded 143 exhibitors spanning 15 countries and more than 4,144 registered trade visitors, marking a rise of 33% in occupied space from its previous edition in 2017. Returning from the pandemic, this event will once again provide its featured exhibitors and trade visitors with a platform to push the exposure of their businesses and networks to new heights.

Re-penetrating Southeast Asia's fastest-growing market
Vietnam`s economy is increasing rapidly; with an expected real GDP growth of 5.5%-6.5% this past year. Vietnam's GDP forecast is positive and better than the other ASEAN countries in 2022 with a projected growth of 6.7% in 2023. With that growth rate, Vietnam stands to be one of the most dynamic counties in Southeast Asia where its main growth driver is the processing industry, which grew by an impressive 11% even during the pandemic. The dynamic strength of the economy is also reflected in the great business potential in analytics, laboratory technology and biotech industries which analytica Vietnam will be bringing together.

Face-to-face networking with old and new connections
As the leading exhibition in its sector and the largest trade fair in the analysis, laboratory technology and biotechnology markets, attendees will be exposed to new potential customers from untapped markets at a level they have not experienced in years. The exhibition is also supported by leading institutions, and renowned associations and boasts a myriad of international pavilions including China, Germany, Taiwan and Singapore. Reports from previous editions showed that 98% of visitors would recommend the exhibition to their networks, 93% would attend the upcoming edition and 97% are satisfied with the completeness and breadth of the product range showcased at the trade fair. Exhibitors are also invited to join the offsite lab tours for some valuable insights into a local Vietnamese lab.

"analytica Vietnam's comeback is set to be the most exciting trade fair for this sector Southeast Asia has yet to expect," says Michael Wilton, CEO of the trade-fair organizer, MMI Asia Pte Ltd. "I'm excited to witness the reunion of the industry, showcases of new technology and shared knowledge through new and old connections happening again after the world's recovery from COVID-19," Michael affirms. Therefore, in 2023, analytica Vietnam will once more integrate the valuable experience of new meetings and the passing of new solutions through a holistic platform.

Further information on analytica Vietnam and registration documents can be found at www.analyticavietnam.com.

analytica Vietnam

With its exhibition areas of laboratory technology, analysis, biotechnology and diagnostics, analytica Vietnam with the analytica Vietnam conference targets the growing market of Vietnam. 143 exhibitors and 4,144 visitors participated in analytica Vietnam 2019. The trade fair takes place every two years. The upcoming edition will take place from April 19 to 21, 2023 at the SECC – Saigon Exhibition and Convention Center www.analyticavietnam.com.

analytica worldwide

Messe Munchen is the world's leading trade fair organizer for laboratory technology, analysis and biotechnology. The international network of exhibitions includes analytica, analytica China, analytica Anacon India & India Lab Expo, analytica Vietnam and analytica Lab Africa. Additional information about these exhibitions and their programs of events is available at www.analytica.de.

MMI Asia Pte Ltd

MMI Asia Pte. Ltd. was set up as the regional headquarter and a wholly owned subsidiary of Messe Munchen in 1992. With subsidiaries in China and India, MMI Asia organizes trade fairs in China, India and ASEAN countries; promotes global trade expansion by facilitating participation of Asian exhibitors in Messe Munchen fairs worldwide; it also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations.

Messe Munchen

Messe Munchen is one of the leading exhibition organizers worldwide with more than 50 of its own trade shows for capital goods, consumer goods and new technologies. Every year, a total of over 50,000 exhibitors and around three million visitors take part in more than 200 events at the exhibition centre in Munich, at the ICM – Internationales Congress Center Munchen and the MOC Veranstaltungscenter Munchen as well as abroad. Together with its subsidiary companies, Messe Munchen organizes trade shows in China, India, Brazil, Turkey, South Africaand Vietnam. With a network of associated companies in Europe, Asia, Africa and South America as well as around 70 representatives abroad from over 100 countries, Messe Munchen has a global presence.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Olympus EU-ME3 Ultrasound Processor, Delivers Higher Resolution Images for Endoscopic Ultrasound

TOKYO / HAMBURG, Oct 10, 2022 – (ACN Newswire) – Olympus Corporation (Olympus), a global medtech company committed to making lives healthier, safer and more fulfilling, has announced the launch of the EU-ME3, a new Endoscopic Ultrasound Processor which addresses the needs of healthcare professionals for high-quality clear images while conducting endoscopic ultrasound procedures. The EU-ME3 will be available in Europe, the Middle East, Africa, parts of Asia, and Oceania within this fiscal year.

Olympus announces the global launch of the EVIS EUS Endoscopic Ultrasound Center EU-ME3. [Image: Olympus Corp]
Olympus announces the global launch of the EVIS EUS / EU-ME3 Endoscopic Ultrasound Center [Image: Olympus Corp]

As a pioneer in endoscopic ultrasound (EUS) technology, Olympus aims to leverage its experience to enhance the care pathway in gastrointestinal and respiratory disease management. EUS technology is used in endoscopic ultrasonography, imaging to support the diagnosis of lesions in the pancreas, the bile ducts, or lesions that are located deep inside the body and are not visible with gastrointestinal endoscopes. In addition, the technology enables the detailed examination of pancreatitis, pancreatic cancer, and the diagnosis of cancer invasion in the stomach and the esophagus. It also plays a key role in facilitating the visualization of endobronchial ultrasound-guided transbronchial needle aspiration (EBUS-TBNA) for early, minimally invasive diagnosis and lung cancer staging.

“It is said that pancreatic cancer is difficult to be detected in its early stages, and that lung cancer has the highest mortality rate among all cancers. With the launch of the EU-ME3, Olympus aims to enhance the standard of care including these diseases to further improve the quality of life of patients,” said Hironobu Kawano, Head of Endoscopic Solutions Division at Olympus.

Advancing the dimensions of Endosonography

With the needs of healthcare professionals and patient outcomes at its core, EU-ME3 can be tailored to improve a variety of procedures.

Enhanced visualization and usability

EU-ME3 provides outstanding image quality and functionality – the image quality has been substantially enhanced compared to the prior generation model (EU-ME2), providing enhanced visualization, and supporting more reliable diagnosis and treatment.

Shear Wave Quantification, a newly equipped feature for EU-ME3, also contributes to accurate diagnosis by providing quantitative information on the stiffness of tumor and inflamed lesions, an important factor when diagnosing the degree of pancreatitis and malignancy of pancreatic cancer during endoscopic ultrasonography.

Focus on procedure by tailoring

The EUS procedure typically utilizes a variety of observation modes depending on procedure type or clinical area. In addition to the basic observation mode, EU-ME3 offers software options for individual clinical needs, aimed at tailoring depending on specialty.

Smart and customizable user settings make it easy to fulfil needs for multiple specialties and personal requirements, while the backlit keyboard includes a simple, easy-to-use large touch panel and trackpad, designed to support better operability and easier cleaning.

With EU-ME3, the aim is seamless workflow integration for healthcaare professionals while advancing the dimensions of endosonography for better overall patient outcome.

About Olympus

In its Endoscopic Solutions business, Olympus uses innovative capabilities in medical technology, therapeutic intervention and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic and minimally invasive procedures to improve clinical outcomes, reduce overall costs and enhance the quality of life for patients. Starting with the world’s first gastrocamera in 1950, Olympus’ Endoscopic Solutions portfolio has grown to include endoscopes, laparoscopes, and video imaging systems, digital and integrated customer solutions, as well as solutions for infection prevention. For more information, visit www.olympus-global.com and follow our global Twitter account: @Olympus_Corp.

Media Contacts
Nao Tsukamoto – Global-Public_Relations@olympus.com
Jessica Lee – Jessica.yy.lee@fleishman.com

* Registered name: EVIS EUS ENDOSCOPIC ULTRASOUND CENTER OLYMPUS EU-ME3. EU-ME3 is manufactured by Olympus Medical Systems Corporation.
** Products or devices presented include technology which may be pending regional regulatory approval and are not available for sale in all regions.

Olympus Corp [TYO: 7733] [ADR: OCPNY] [GDR: OLYS] https://www.olympus-global.com



Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com