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Showing posts from May, 2023

Okami Medical’s LOBO Vascular Occlusion System, US

The vascular occluders LOBO-3, LOBO-5, LOBO-7, and LOBO-9, developed by Okami Medical, are all purpose-built, microcatheter-delivered devices that are used for the quick and complete occlusion of various peripheral blood vessels. LOBO® vascular occluders are the primary fringe embolisation gadget that is controlled by restrictive HDBRAIDTM innovation, an imaginative plaiting technique for creating vascular impediment gadgets. In November 2019, the US Food and Drug Administration (FDA) granted the LOBO® vascular occlusion system 510(k) clearance. LOBO-5 vascular occluder, the organization's second contribution in the LOBO® vascular impediment framework portfolio, got the FDA 510(k) freedom in December 2020, while LOBO-7 and LOBO-9 vascular occluders were cleared by the FDA in June 2022. The LOBO® occluder gadgets furnish interventional doctors with a negligibly obtrusive single clinical gadget answer for the impediment of different blood vessel targets, even in little and distant ar...

Standard Chartered yearly profit doubles; wealth management income up 12%

 For the year 2021, Standard Chartered posted a statutory pre-tax profit of $3.3 billion, more than double the $1.6 billion it earned in 2020. Income from wealth management increased by 12% to $2.2 billion, primarily as a result of a double-digit increase in assets under management (AUM) and a steady rise in client numbers. The bank enrolled 'an especially impressive deals execution' in reserves. However, the bank with its headquarters in London found that the group's profit fell short of the $3.8 billion estimate provided by 16 analysts. The bank, which gets most of its revenue from Asia, also announced a dividend of 12 cents per share and a share repurchase program worth $750 million, which is almost 33% more than in 2020. Operating expenses for the year at the bank increased by 5% to $10.92 billion, while operating income remained virtually unchanged at $14.7 billion. StanChart, which says it will invest an additional $300 million in China to better compete with rivals l...

Ridgeback Biotherapeutics and DRIVE to develop Covid-19 drug

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Ridgeback Biotherapeutics and the nonprofit Drug Innovations at Emory (DRIVE) at Emory University have collaborated on developing a drug candidate that could treat Covid-19. The partners want to move EIDD-2801 from DRIVE into human clinical trials. An oral bioavailable form of a ribonucleoside analogue that prevents the replication of various RNA viruses, including SARS-CoV2, is EIDD-2801. Under the partnership, Ridgeback acquired a selective permit for EIDD-2801 and will propel the competitor through clinical improvement to make it accessible for the continuous pandemic. George Painter, CEO of Drive, stated: We immediately recognized that EIDD-2801 had could potentially treat Covid-19 due to its activity against the SARS and MERS coronaviruses and its imity to influenza clinical trials. We believe that EIDD-2801 will be effective in treating people who have contracted Covid-19 based on our extensive testing. "We are confident that Ridgeback can quickly advance EIDD-2801 into clin...

Renewables key for Thailand to overcome dependency on fossil fuel imports

 The most recent report from GlobalData, titled " Thailand Power Market Outlook to 2035, Update 2022 – Market Trends, Regulations, and Competitive Landscape," provides historical and forecast figures for capacity, generation, and consumption up to 2035. It also discusses the structure of Thailand's power market. The country's regulatory framework for the power market, the competitive landscape, and a list of major power plants are all examined in great detail. Additionally, the macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the country's power sector are all examined in the report. The report also includes an analysis of the deals in the country's power sector. As gas-based thermal power generation accounted for nearly 61.3 percent of Thailand's annual electricity generation in 2021, the dev...

Pulsar Vascular to market Codman Neuro’s PulseRider device in EMEA

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 Codman Neuro, a piece of DePuy Synthes Organizations of Johnson and Johnson, has consented to a conveyance arrangement with Pulsar Vascular to showcase and advance its negligibly obtrusive gadget PulseRider in Europe, Center East and Africa (EMEA). In order to treat unruptured wide-neck intracranial aneurysms originating on or near a bifurcation, PulseRider should be used in conjunction with embolic coils. The arrangement was endorsed by one of Codman Neuro's associated organizations in the European Association (EU), and imprints the most recent extension of the organization's neurovascular portfolio. Oneself growing nitinol embed PulseRider, got beginning CE Imprint endorsement in Europe in late 2013. "There is a huge neglected clinical need in the treatment of unruptured, wide-neck bifurcation aneurysms, and we desire to assist fill it with this gadget." Codman Neuro's neurovascular portfolio includes a wide range of products that treat hemorrhagic and ischemic...

Digital twins in oil: How futuristic tech is keeping fossil fuels alive

 The effect of Coronavirus is felt all over the place. The oil and gas industry's far-flung facilities have not been immune to Covid's effects on the global economy, even in remote and isolated locations. However, in addition to the obvious fact that a pandemic can affect oil prices, the fossil fuel industry also faces other issues. Accordingly, Huge Oil is sending computerized reasoning, digitalisation through edge and distributed computing, and - progressively - advanced twin innovation. A digital twin can be built in a variety of ways. According to the most recent thematic report on digital twins in Top Trends in Oil and Gas Industry published by GlobalData, there is no single format, arrangement, or to be sure stage that will supernaturally make computerized twins" and there is no particular innovation expected to fabricate one. A computerized twin is tech intended to enhance and safeguard the actual climate. This is finished through ongoing examination and the utiliz...