Science Profit – Joanna Betton http://joannabetton.com/ Tue, 24 Aug 2021 08:27:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://joannabetton.com/wp-content/uploads/2021/06/icon-3.png Science Profit – Joanna Betton http://joannabetton.com/ 32 32 Global pharmaceutical contract manufacturing, research and packaging markets https://joannabetton.com/global-pharmaceutical-contract-manufacturing-research-and-packaging-markets/ https://joannabetton.com/global-pharmaceutical-contract-manufacturing-research-and-packaging-markets/#respond Tue, 24 Aug 2021 07:40:00 +0000 https://joannabetton.com/global-pharmaceutical-contract-manufacturing-research-and-packaging-markets/ Scope of Report: The main aim of this report is to provide in-depth knowledge about the global Pharmaceutical and Biopharmaceutical Contract Manufacturing, Research and Packaging market. New York, Aug. 24, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of Global Markets for Contract Pharmaceutical Manufacturing, Research and Packaging report – https://www.reportlinker.com/p01604733/?utm_source = GNW The contract […]]]>

Scope of Report: The main aim of this report is to provide in-depth knowledge about the global Pharmaceutical and Biopharmaceutical Contract Manufacturing, Research and Packaging market.

New York, Aug. 24, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of Global Markets for Contract Pharmaceutical Manufacturing, Research and Packaging report – https://www.reportlinker.com/p01604733/?utm_source = GNW

The contract manufacturing segment is further analyzed through various dosage forms, over-the-counter (OTC) options and nutraceuticals and drug delivery technologies.

Under the contract research market, the drug research and development segments of pharmaceutical research were analyzed through outsourcing. The clinical research segment will be further analyzed on the basis of preclinical and clinical research.

Adaptive clinical studies were also discussed.

The contract packaging market includes primary, secondary and tertiary packaging. In order to analyze the primary packaging market, primary containers are categorized into blisters, bottles and others (e.g. prefillable syringes, inhalers, vials and ampoules, caps and closures, dosing pipettes, labels, accessories).

The scope of the study is global. The analyst examines each market and its application, the regulatory environment, new products and advances, market forecasts and market shares.

Report includes:
– 35 data tables
– An updated look at the global pharmaceutical and biopharmaceutical contract manufacturing, research, and packaging services market in the industry
– Analyzes of global market trends with data from 2020, estimates for 2021, and projections of average annual growth rates (CAGRs) through 2026
– Assess the market size and forecast for the global Pharmaceutical Contract Research, Manufacturing and Packaging Services Market and the related market share analysis by type, dosage form, formulation, application and geographic region
Discuss key market dynamics (DROs), technological advances, product launches, and regulatory landscape in the context of contract manufacturing and contract pharmaceutical research services
– Effects of COVID-19 on the pharmaceutical supply chain and outsourcing practices affecting the progress of this market
– Market outlook and opportunity assessment of the structure of the contract manufacturing industry as well as assessment of ongoing clinical studies and R&D activities to assess current and future market demand
– Insight into the growth development strategies of the main market players operating in the world market; Analysis of your most important competitive landscape and company shares
Descriptive company profiles of key market players including 3M Co., AbbVie, Albany Molecular Research Inc. (AMRI), Baxter International Inc., Boehringer Ingelheim, Dr. Reddy’s Laboratories Ltd., Lonza Group, Jubilant Life Sciences Ltd., Pfizer CentreOne and Takeda Pharmaceuticals

Summary:
The emerging pharmaceutical industry of the early 20th century consisted of companies that handled drug manufacturing, marketing and sales under one roof. The advent of the “miracle drug” penicillin during World War II changed the life expectancy of humans and animals and paved the way for the mass production of pharmaceuticals.

The development of new instruments and examination techniques after World War II found rapid application in medicine as research in general physiology and therapeutics flourished. After the 1950s, technological advances coupled with an understanding of molecular science opened the door to innovation in the pharmaceutical industry. The 21st century
brought patented, innovative and targeted biopharmaceuticals to market. It also presented small molecule makers with difficult economic realities in the form of expiring patents, growing intellectual property threats, tight regulations, shrinking pipelines, shrinking profit margins, and fierce competition. To solve these problems, pharmaceutical companies have begun collaborating with contract manufacturing organizations (CROs). They also pursued mergers and acquisitions and joint venture strategies to gain access to other markets.

The pharmaceutical industry, a strongly innovation-driven industry, is knowledge-intensive, highly globalized and diversified. It brings tremendous benefits to public health and the economy by bringing innovative therapies to market.

Pharmaceutical companies, pressured by healthcare providers and governments to set prices and the patent cliff, turned to contract manufacturing companies to hold their own in this highly competitive environment. The patent cliff has peaked and the productivity of research and development in the industry is increasing.

Outsourcing, which has been transformed from “Pay for Services” into “Partnerships and Cooperations”, is considered to be the most successful strategy for bringing innovation to the pharmaceutical industry. Strategic partnerships are now common in all aspects of the research and development (R&D) cycle.

In contrast to the traditional outsourcing model, this strategic partnership model shares the risks and opportunities of innovations.
Read the full report: https://www.reportlinker.com/p01604733/?utm_source=GNW

Via report linker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all the market research you need – instantly and in one place.

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CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
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UH Extramural Funding gets a record high https://joannabetton.com/uh-extramural-funding-gets-a-record-high/ https://joannabetton.com/uh-extramural-funding-gets-a-record-high/#respond Sun, 22 Aug 2021 23:20:19 +0000 https://joannabetton.com/uh-extramural-funding-gets-a-record-high/ August 22, 2021, 1:16 p.m. HST * Updated August 22, 11:39 a.m. The University of Hawaii raised more than $ 400 million in extramural funding for the third year in a row, with a record $ 485.5 million at the end of fiscal year 2021 (FY2021). This year’s number represents an increase of $ 35.1 […]]]>

August 22, 2021, 1:16 p.m. HST
* Updated August 22, 11:39 a.m.

The University of Hawaii raised more than $ 400 million in extramural funding for the third year in a row, with a record $ 485.5 million at the end of fiscal year 2021 (FY2021). This year’s number represents an increase of $ 35.1 million, or 7.8%, from fiscal 2020 and is just $ 3.1 million below UH’s best non-university funding year totaling $ 488.6 million in the 2011 financial year.

UH Mānoa, the flagship campus of UH’s 10-campus system, topped this year’s non-university awards with $ 352.6 million, while the UH system raised $ 85.6 million for UH Community Colleges $ 28.35 million and UH Hilo received $ 15.97 million.

“Although almost every aspect of our private and working lives has been disrupted by the virus, our dedicated and hard-working lecturers, staff and doctoral students are focused and resilient on the task at hand,” said UH Vice President for Research and Innovation Vassilis L. Syrmos. “Your relentless efforts have kept the University of Hawaii research firm on the right track at full speed – and made a positive contribution to the well-being of our institution, our state, our nation, and beyond.”

Out-of-school funding is defined as external investment by government agencies such as federal government, industry, and nonprofits that support research and training activities by university faculty and staff focused on research and innovation that help increase knowledge and provide quality of life solutions to enhance.

“I would like to once again congratulate UH Mānoa-research ʻohana on their outstanding and innovative contributions, which under less than ideal circumstances have led to a record number of extra-university funding for the UH this year,” said UH Mānoa Interim Vice Chancellor for Research Velma A. Kameoka. “As our top-class faculty continues to inspire our students with their research and creativity, I would also like to acknowledge the unsung efforts of our hard-working postdocs, student assistants and staff for their commitment to keep the UH research company strong and resilient.”

THE ARTICLE CONTINUES UNDER THE AD

Some examples of UH programs that have caught the attention of funders:

  • The Office of Vice President for Community Colleges received $ 13.37 million from the Department of Education for a three-year project to help train 3,560 displaced, new, and underemployed workers for highly desirable, living-wage jobs in the healthcare, craft, and technology sectors.
  • The National Institutes of Health awarded $ 6.6 million to the IDeA Networks for Biomedical Research Excellence IV-Hawai’i Statewide Research and Education Partnership (INBRE IV-HISREP) of the John A. Burns School of Medicine. HISREP serves as a catalyst in advancing the pipeline of researchers to drive the biomedical research community to make new and important health discoveries in the state.
  • The National Science Foundation has awarded the School of Ocean and Earth Science and Technology (SOEST) $ 4.5 million to extend its venerable Hawai’i Ocean Time series into its fourth decade of sustained observations of the variability of ocean ecosystems.
  • SOEST received $ 4.0 million from the Office of Naval Research to launch the Climate Resilience Initiative at UH Mānoa, with the first phase focusing on monitoring sea level rise and building partnerships between key stakeholders.
  • The National Institutes of Health awarded the UH Cancer Center $ 3.8 million to continue its important multiethnic cohort study.
  • SOEST’s Hawai’i Sea Grant College program received $ 2.14 million from the National Oceanic and Atmospheric Administration to fund a four-year aquaculture expansion agent to help build the state’s capacity in the field.
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Why the oldest child in Syrian refugee families needs the most urgent support and what schools can do https://joannabetton.com/why-the-oldest-child-in-syrian-refugee-families-needs-the-most-urgent-support-and-what-schools-can-do/ https://joannabetton.com/why-the-oldest-child-in-syrian-refugee-families-needs-the-most-urgent-support-and-what-schools-can-do/#respond Sun, 22 Aug 2021 12:00:16 +0000 https://joannabetton.com/why-the-oldest-child-in-syrian-refugee-families-needs-the-most-urgent-support-and-what-schools-can-do/ This article focuses on the case study of Mariam, a fictional eldest child based on children we met in our research. Mariam, 14, fled Syria with both parents and her two younger siblings (6 and 10 years old). Mariam has the greatest responsibility in her family and often accompanies her parents to appointments to help […]]]>

This article focuses on the case study of Mariam, a fictional eldest child based on children we met in our research. Mariam, 14, fled Syria with both parents and her two younger siblings (6 and 10 years old). Mariam has the greatest responsibility in her family and often accompanies her parents to appointments to help with the translation.

Our sketch by Mariam is based on a longitudinal study that examined the reading skills and well-being of 122 Syrian refugee children from 73 families in our multilingual and literacy laboratory at the Ontario Institute for Studies in Education at the University of Toronto. Forty-two children were six to eight years old; 50 children were nine to eleven years old; 30 children were 12 to 14 years old.

We learned that the oldest students lagged the most in reading skills compared to their English-speaking classmates, even more so than their younger siblings. The oldest students had the lowest scores and the slowest growth in English vocabulary and reading comprehension compared to younger refugee children.

Unique loads

As the oldest child of a Syrian refugee family, Mariam faces many unique pressures:

  1. Complex trauma;
  2. Lowest level of English skills compared to their colleagues;
  3. Highest interrupted education from her siblings;
  4. At least time to meet with their peers before graduation;
  5. Greatest burden to support her family socially and financially;
  6. Least resources to support their academic success.

While older children in Syrian refugee families are confronted with different family expectations depending on their gender, the primary goal is always to support the family. For example, if Mariam were a man, she would likely be looking for a job to support her family instead of helping with childcare. Despite these differences, the language development and well-being of the oldest male and female children are equally affected.

We propose targeted solutions that teachers, principals and other educators can rely on to help children like Mariam be more successful.

trauma

Children in refugee families, like Mariam, are very likely to be affected by trauma and mental illness.

The term “triple trauma” explains the unique trauma that Syrian refugee children experience when they flee Syria, seek refuge in temporary settlements, and then adapt to an unfamiliar environment in Canada. Once settled, the trauma of forced migration continues to affect their social integration and academic performance. Experiencing trauma, especially at a young age, affects the development of the brain. Repeated exposure to memories of traumatic experiences (triggers) causes the brain to react differently to situations.

A list of triggers and common symptoms of post-traumatic stress disorder (PTSD).

Language development

Children learning a new language take one to three years to learn a conversational language and between five and seven years to learn an academic language. Science language is topic-specific vocabulary of scientific subjects such as math or science that children learn in a typical school context.

Mariam, who is 14 years old and in 9th grade, does not have enough time to develop the academic language before graduation. She will have acquired the conversational language, but the lack of English academic language will limit her employment opportunities after graduation. It is therefore crucial that students like Mariam receive immediate and intensive language training. We often recommend a systematic and explicit approach.

It may seem absurd that Mariam, the oldest child, learns the least English. The main reason for this is the high number of interrupted trainings that Mariam experienced both in Syria and during her emigration to Canada. On average, children lost three to four years of schooling when they arrived in Canada. In addition, their younger siblings are closer to the optimal age for language learning (10 and younger). The younger children are, the easier it is for their brain to pick up new languages.

Graph showing comparisons of how different age groups perform in reading comprehension and performance over time.
Age group comparisons of English vocabulary and reading comprehension (standard values), averaged over time.

Promote early reading skills

As researchers, we are often asked about the most efficient solution to help refugee students. In other words, which strategy will have the maximum impact? We offer several key research results.

We know that the greatest predictor of academic success is development of early reading skills. That is why the Child and Youth Refugee Research Coalition, a nationwide alliance of municipal partners, scientists and authorities for the successful integration of refugee children, adolescents and their families, focuses on the development of reading. Recent studies from this group have shown that one of the strongest predictors of reading success is exposure to the English language both in and out of school.

We therefore propose a variety of flexible activities aimed at improving language contact with English, such as:

  1. “Book Buddy” programs, where English speakers team up with students learning the language;
  2. Access to English media (films, music, books);
  3. Lunchtime or afternoon activities in English (chess clubs, science programs, yearbook club, etc.), taking into account that family responsibilities could affect the availability of students;
  4. Family resources at home (books siblings can read together).

It can be overwhelming for teachers to help displaced students in any area they need support. A study conducted with teachers found that the best suggestion was to build collaborative learning. This means that instead of relying on additional support from families, teachers have worked with colleagues and their other students to develop a support system for the children who need them most.

Young refugees participate in programs run by Human Endeavor, a nonprofit dedicated to the inclusion of marginalized communities in Vaughan, Greater Toronto Area. Left: Rina Singh conducts a self-portrait workshop through art and poetry. Right: Maulik Chaudhari leads Muai Thai / kickboxing sessions.

Addressing wellbeing, racism in the curriculum

An aggravating factor for these students is the complex trauma they face. While one-on-one counseling during school hours can be difficult to implement, there is new evidence that teacher-led, classroom-wide interventions are effective. This innovative study shows that integrating wellbeing into the curriculum is effective in helping students cope with their trauma.

Refugee children also experience racism. Some research has found that this can be mitigated by providing positive examples of cross-cultural friendships in the form of stories.



Read more: Celebrating diversity is not enough: schools need an anti-racist curriculum


Our study finds that Mariam, the oldest child in her family, is in need of the most urgent support regarding language development, social inclusion and mental health. We urge all educators to think about how they can better support students like Mariam in their schools.

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NASA is making large research investments at several universities to promote STEM diversity https://joannabetton.com/nasa-is-making-large-research-investments-at-several-universities-to-promote-stem-diversity/ https://joannabetton.com/nasa-is-making-large-research-investments-at-several-universities-to-promote-stem-diversity/#respond Tue, 17 Aug 2021 10:00:00 +0000 https://joannabetton.com/nasa-is-making-large-research-investments-at-several-universities-to-promote-stem-diversity/

The National Aeronautics and Space Administration (NASA) has announced that it will fund research projects totaling approximately $ 18 million at several Historically Black Colleges and Universities (HBCUs) and other minority service institutions (MSIs).

The new investments in more than a dozen institutions will support research addressing three of the agency’s top priorities: understanding and monitoring global marine health, bringing people back to the moon through the Artemis program, and building a more inclusive one Workforce. It will also give a big boost to diversification in the STEM area.

Funding is part of the Minority University Research and Education Project (MUREP), which is administered through NASA’s Office of STEM Engagement. The $ 18 million competitive awards will enable institutions to address some of NASA’s most pressing challenges while enhancing their own research capabilities to make them more competitive for future grants.

“NASA thrives on great goals and monumental challenges, and these require the brightest minds with diverse backgrounds and experiences,” said Mike Kincaid, NASA’s Associate Administrator for STEM Engagement, in the agency’s press release. “We’re reaching out to historically underrepresented and underserved communities and creating as many avenues as possible to get them on board, be it through awards like this one, NASA internships and grants, or other engagements.”

“MSIs bring their own diverse viewpoints to answer the research questions that NASA continues to seek,” added MUREP manager Torry Johnson. “By expanding participation, MUREP aims to expand the pool of institutions participating in these critical scientific and technological discussions while also introducing potential candidates who will help reshape the future STEM workforce.”

OCEAN awards

In June, NASA awarded Ocean Biology and Biogeochemistry (OCEAN) grants to 10 MSIs. The grants support NASA’s Science Mission Directorate in their quest to better understand the role of the ocean in the Earth system.

Over a three-year performance period, a total of more than 6.6 million US dollars will be distributed to the following institutions:

  • Florida Atlantic University
  • Northwest Indian College Foundation
  • Texas State University
  • University of Puerto Rico – Mayagüez
  • University of Alaska – Fairbanks
  • University of California – Irvine
  • University of California-Merced
  • University of Hawaii – Hilo
  • University of Massachusetts – Boston
  • University of the Virgin Islands – Charlotte Amalie.

The OCEAN funding supports NASA’s research into marine health, particularly the effects of climate change on aquatic biology and ecosystems. The agency looked for proposals that would either 1) develop remote sensing capabilities to analyze the impact and vulnerability of aquatic ecosystems to climate change, or 2) improve our understanding of the carbon cycle in aquatic zones that are particularly vulnerable to environmental change.

M-STAR funding

The MUREP Space Technology Artemis Research (M-STAR) awards support NASA’s Artemis program, which will send the first woman and the first colored man to the moon. M-STAR was created in partnership with the Agency’s Space Technology Mission Directorate to advance MSI literacy and empower MSIs to compete in agency research required for missions to the Moon, Mars, and beyond is.

In July, NASA awarded $ 3.5 million in M-STAR funding to these seven institutions:

Fayetteville State University

Florida International University

Howard University

State University of New Mexico

San Diego State University

University of Arizona

University of Central Florida.

This nearly $ 3.5 million total funding is a continuation of five M-STAR planning grants granted to some of the above recipients in August 2020.

“Diversity is a key component of technology development,” said Jim Reuter, NASA’s associate administrator for space technology. “By investing in and working with MSIs, who traditionally recruit and support communities that are underrepresented in STEM, the agency opens up and uses new perspectives, skills and solutions.”

MUREP INCLUSIVE awards

MUREP INCLUDES grants build on the NSF INCLUDES (Nation of Communities of Learners of Underrepresented Discoverers in Engineering and Science) model to help MSIs develop coalitions of institutions dedicated to expanding the participation of underrepresented minorities in STEM areas.

NASA awarded nearly $ 7.2 million in MUREP INCLUDES grants to six institutions, which are used to determine the methods most effective in increasing the number of diverse students doing engineering research. The six recipients were:

Alabama State University

Florida A&M University

JF Drake State Technical College

Navajo Technical College

Texas A&M Kingsville

University of Massachusetts, Boston

Technology transfer pricing for small businesses

MUREP Small Business Technology Transfer Research Planning Grants are designed to help MSIs and small businesses compete in the Small Business Innovation Research Agency / Small Business Technology Transfer Research Agency’s annual tender. This program enables small businesses to partner with research institutions to develop their technological skills, with the opportunity to commercialize their innovations and make a profit.

The new M-STTR scholarships last four months and provide up to $ 50,000 to universities. In total, more than $ 540,000 in planning grants was given to ten institutions for 11 different projects. The selected institutions have four months to develop their STTR action plans. You can find the full list of recipients here.

“Investing in MSIs enables NASA to unlock underutilized innovation and talent,” said assistant program director Gynelle Steele. “We hope these planning aids create the fundamental partnerships necessary to successfully compete for an STTR award and increase the potential for long-term collaboration.”

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Coupled with NASA’s Mission Equity, a new strategy that includes assessing obstacles in the agency that could undermine the participation of underserved and underrepresented communities in their missions, these new funding opportunities represent another example of greater reach for federal agencies, about the diversity of the MINT employees.

NASA’s initiatives complement the recent decision by the National Science Foundation (NSF) to provide 50 million (STEM) education. “

Although African-Americans, Alaskan Indians, and Latinos make up just over 30% of the U.S. population, these groups – along with women, low-income people, and people with disabilities – are underrepresented in STEM careers.

These are gaps that academia and the private sector have been trying to fill for years, and while there has been some progress, the gaps remain persistently difficult to fill. The NASA and NSF initiatives represent a significant – and necessary – federal push to train a more inclusive scientific and technical workforce.

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Kneat reports record sales and gross margin expansion for the second quarter of 2021 https://joannabetton.com/kneat-reports-record-sales-and-gross-margin-expansion-for-the-second-quarter-of-2021/ https://joannabetton.com/kneat-reports-record-sales-and-gross-margin-expansion-for-the-second-quarter-of-2021/#respond Tue, 10 Aug 2021 21:30:00 +0000 https://joannabetton.com/kneat-reports-record-sales-and-gross-margin-expansion-for-the-second-quarter-of-2021/ Q2 sales increase by 104% $ 3.15 million SaaS revenues grow 170% $ 1.72 million Annually recurring Sales increase by 141% $ 7.98 million LIMERICK, Ireland, August 10, 2021 / CNW / – kneat.com, inc. (TSXV: KSI) (“Kneat or the Company”) a leader in the digitization and automation of validation processes, today announced strong financial […]]]>

Q2 sales increase by 104% $ 3.15 million

SaaS revenues grow 170% $ 1.72 million

Annually recurring Sales increase by 141% $ 7.98 million

LIMERICK, Ireland, August 10, 2021 / CNW / – kneat.com, inc. (TSXV: KSI) (“Kneat or the Company”) a leader in the digitization and automation of validation processes, today announced strong financial results for the past three and six months June 30th, 2021. All dollar amounts are in Canadian dollars unless otherwise noted.

“In the second quarter, we continued to implement our main priority and increased the recurring SaaS license fees. SaaS revenues increased 170% compared to the second quarter of 2020. Ours which has grown by 141% since then June 30, 2020, and total revenue, which increased 104% in Q2 2020 as demand for our solution increases “, said Eddie Ryan, Managing Director of Kneat. “Our SaaS revenue growth is being driven by the acquisition of new customers as well as the expansion of our existing customer base. During the quarter we gained a number of new customers, including one of the world’s leading engineering, consulting and design companies for digitizing commissioning.” , Qualification and validation services for their food and life sciences customers. These are exciting times for Kneat as the market continues to adopt our industry leading platform. With our strong balance sheet, our team is focused on advancing our plan in every area of ​​the business and ensuring continued growth and value for our shareholders. ”

Financial highlights of the 2nd quarter 2021

  • Total sales increased 104% $ 3.15 million, compared to $ 1.55 million for the second quarter of 2020. Total revenue will fluctuate from quarter to quarter, mainly due to the timing of professional service delivery and the sale of one-time local licenses to a decreasing number of customers who have not yet migrated to SaaS.
  • SaaS revenues grew 170% $ 1.72 million, compared to $ 0.64 million for the second quarter of 2020.
  • Gross margin rose 244% $ 1.75 million compared to $ 0.51 million for the second quarter of 2020 and the gross profit margin increased to 56% compared to 33% in the second quarter of 2020. The increase in the gross profit margin was due to a significant increase in sales combined with a reduction in the associated cost of sales compared to the second quarter of 2020.

Annual Recurring Revenue (“ARR”)

  • Overall ARR: Overall ARR, a key performance indicator that includes SaaS license fees and maintenance fees, was $ 7.98 million at June 30, 2021, away $ 3.31 million for the same period of the previous year an increase of 141%. The quarterly growth in total ARR was 39%, versus $ 5.74 million at March 31, 2021.
  • SaaS FER: SaaS license fees accounted for the total FER $ 7.29 million, away $ 2.55 million at June 30, 2020, an increase of 186%. SaaS ARR’s quarter-over-quarter growth was 49%, versus $ 4.89 million at March 31, 2021.

“Our second quarter results showed strong progress across the business,” said Hugh Kavanagh, Chief Financial Officer of Kneat. “In addition to our strong top-line growth, we were able to increase gross profit margins to 56% from 33% in Q2 2020, reflecting the impact of scaling our SaaS business.”

Current business highlights

In 2021, Kneat is making significant strides in revenue growth by continuing to add licenses for existing customers in addition to attracting new customers. Below is a summary of the company’s recent highlights:

  • After the end of the second quarter, on July 19, 2021, the company announced that it has signed a three-year contract to provide an in-house e-validation solution for one of the world’s leading healthcare brands.
  • In June, the company announced that it had signed a three-year contract with one of the world’s leading engineering, consulting and design companies to digitize commissioning, qualification and validation services for its food and life science customers.
  • In May, after the annual and special meeting of shareholders, Kneat confirmed the election of Ms. Nutan Behki as director to the board.
  • In May, the company announced that it had signed a five-year deal with another top ten biopharmaceutical company. In December 2020, Kneat announced that its SaaS platform has been selected for a single location by this research and development-focused biopharma leader. However in May 2021, this company has selected Kneat as their global enterprise e-validation solution. The customer’s goal is the gradual introduction of Kneat for multiple processes at all production sites.
  • In April, the company announced the completion of its condensed prospectus offering, including the full exercise of the over-allotment option, through a total of 6,708,525 common shares in the company priced at. were sold $ 3.00 per common share, for total gross proceeds of $ 20,125,575.
  • Deferred Stock Units (DSUs) in value $ 166,554 were granted to the company’s directors during the quarter.

After the end of the second quarter, Kneat hired LodeRock Advisors Inc. (“LodeRock”) to provide strategic investor relations and capital market communications services. Under the terms of the contract, Kneat pays LodeRock a monthly fee of $ 14,000 for ongoing strategic communication services. Each party has the right to terminate the relationship with 45 days’ notice.

Kneat continues to work remotely and effectively during the pandemic. The momentum grows as customers scale Kneat’s e-validation platform across their global operations for multiple business processes.

Quarterly conference call

Gentleman. Eddie Ryan, Chief Executive Officer of Kneat, and Mr. Hugh Kavanagh, Kneat’s Chief Financial Officer, will host a conference call to webcast our second quarter results and Q&A for analysts and investors. to discuss August 11, 2021 at 9:00 p.m. ET.

Interested parties can register for the live webcast via the following link:

https://bit.ly/3fskLSL

or take part in a conference call

Ireland +353 16 572 652

Canada +1 (647) 497-9385

United States +1 (951) 384-3421

United Kingdom +44 330 221 9922

About Kneat

Kneat, a Canadian company with operational headquarters in Limerick, Ireland, develops and markets the next generation Kneat Gx SaaS platform. Several business processes can be configured on the platform, from equipment to validation of computer systems to quality document management. Kneat’s software enables users to create, review, approve, run tests online, manage exceptions and post-approve final results on a controlled platform that is FDA 21 CFR Part 11 / Eudralex Annex 11 compliant. Macro and micro report dashboards provide a powerful overview of all systems, projects and processes worldwide. Customer case studies report productivity gains of over 100% and higher data integrity and compliance standards. More information is available at www.kneat.com.

Cautionary Notes and Forward-Looking Statements

Except for the statements of historical fact contained herein, certain information presented constitutes “forward-looking information” within the meaning of applicable Canadian securities laws. Such forward-looking information includes, but is not limited to, Kneat’s relationship with its customers, Kneat’s business development activities, usage and implementation schedules Kneat software within the customer’s validation processes, the customer’s ability and intent to scale, the use of Kneat’s software within the customer’s organization, and the compliance of the Kneat platform with regulatory reviews and inspections. While such forward-looking statements by Kneat, as stated in this press release, are made in good faith and are believed by Kneat to be reasonable based, they are subject to important risks and uncertainties. Because of these risks and uncertainties, the events predicted in these forward-looking statements could differ materially from actual results or events. These forward-looking statements are not guarantees of future performance as they involve risks and uncertainties. Kneat assumes no obligation to publicly publish changes to any forward-looking statement except as required by applicable securities laws. Investors should not assume that failure to update a previously published forward-looking statement will reaffirm such statement. Continued reliance on forward-looking statements is at the investor’s own risk.

Neither the TSX Venture Exchange nor its regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

SOURCE kneat.com, inc.

For more information: Hugh Kavanagh, Chief Financial Officer, +353 61 203826, [email protected]; James Bowen, Kneat Investor Relations, +1 416-519-9442, [email protected]

related links

https://www.kneat.com/

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Cohen Veterans Bioscience, Stanford Brain Performance Center, and Brain Trauma Foundation join forces to advance precision medicine for TBI https://joannabetton.com/cohen-veterans-bioscience-stanford-brain-performance-center-and-brain-trauma-foundation-join-forces-to-advance-precision-medicine-for-tbi/ https://joannabetton.com/cohen-veterans-bioscience-stanford-brain-performance-center-and-brain-trauma-foundation-join-forces-to-advance-precision-medicine-for-tbi/#respond Mon, 09 Aug 2021 13:00:00 +0000 https://joannabetton.com/cohen-veterans-bioscience-stanford-brain-performance-center-and-brain-trauma-foundation-join-forces-to-advance-precision-medicine-for-tbi/ NEW YORK, August 9, 2021 / PRNewswire / – Brain research and advocacy group Cohen Veterans Bioscience (CVB), the Stanford Brain Performance Center (SBPC), and the Brain Trauma Foundation (BTF) announced a collaboration aimed at improving treatment recommendations and guidelines for mild Traumas transform brain injury (TBI) (including concussion) and advance the field towards a […]]]>

NEW YORK, August 9, 2021 / PRNewswire / – Brain research and advocacy group Cohen Veterans Bioscience (CVB), the Stanford Brain Performance Center (SBPC), and the Brain Trauma Foundation (BTF) announced a collaboration aimed at improving treatment recommendations and guidelines for mild Traumas transform brain injury (TBI) (including concussion) and advance the field towards a precision medicine approach. The new collaboration between CVB, SBPC and BTF is the result of their partnership on the Brain Trauma Blueprint, a framework that enables stakeholders from governments, academia, foundations and industry to advance precision diagnostics and treatment of brain trauma through coordinated efforts.

The framework comprises a 12-step process to jointly identify unmet patient needs and related research priorities, describe the state of the art, identify research gaps and barriers, and make recommendations for progress. In addition, the framework provides a call to action for funders and employees from the broader stakeholder community to participate in a transparent and coordinated network.

Combining expertise in data science, patient care and guideline development, the three organizations aim to redefine the classification of mild TBI using evidence-based patient categorization, with the ultimate goal of generating new treatment strategies and guidelines.

“The Stanford Brain Performance Center and the Brain Trauma Foundation have enhanced our understanding of best practices for traumatic brain injury. We are excited to work with you on this collaboration and provide an important opportunity to build on our complementary strengths,” said Magali Haas, PhD, MD, President and CEO of Cohen Veterans Bioscience. “They bring clinical excellence as we deliver expertise in data science and computational modeling. We expect this initiative to catalyze the adoption of best practice guidelines by taking into account the diversity of different patient subpopulations and breaking down the variability observed in mild TBI towards more tailored cases “and individual solutions.”

Promote TBI treatment by working together to generate recommendations and guidelines for mild TBI

The aim of the collaboration between CVB, SBPC and BTF is to generate recommendations and guidelines based on neurobiological subtypes of mild TBI. In the past five years, several expert agreement letters and clinical practice guidelines for TBI have been published, including Concussion Guidelines Step 2: Evidence for Subtype Classification, written by the directors of the SBPC in 2019, among others. The Step 2 Guidelines outlined evidence-based support for five common concussion subtypes and two related disorders based on clinical data and reported the prevalence of each subtype in the patient population with acute mild TBI.

The new collaboration between BTF, CVB and SBPC aims to build on the Step 2 guidelines and add biologically driven evidence for subtype classification, obtained through independent analysis of existing large, deeply phenotypic cohorts across different types of trauma, including those from Military, sports and accidents. The end result will be a step 3 guideline that will further refine mild TBI and make recommendations based on subtype classifications.

The main investigator is Jamshid Ghajar, MD, PhD, FACS, President Emeritus of BTF, Clinical Professor of Neurosurgery at Stanford University Faculty of Medicine and Director of the SBPC. Co-PIs of the project are Angela Lumba-Brown, MD, Associate Professor of Emergency Medicine, and Lee Lancashire, PhD, Chief Information Officer at Cohen Veterans Bioscience.

“A precision medical approach to diagnostic and management strategies for mild TBI supports the heterogeneity and complexity of the individual patient – and offers the opportunity to leverage advances in data science to provide unparalleled personalized care,” said Dr. Angela Lumba-Brown, Co-director of the Stanford Brain Performance Center and vice chairman of Stanford Emergency Medicine.

“The Stanford Brain Performance Center is excited to partner with CVB to uncover the neurobiology of mTBI subtypes using CVB’s data-driven analytics expertise, resulting in innovative diagnostics and targeted treatment options,” said Dr. Ghajar.

Via Cohen Veteran Bioscience

Cohen Veterans Bioscience is a 501 (c) (3) non-profit biomedical research and technology organization committed to promoting brain health through rapid, precision diagnostics and bespoke therapeutics.

Via the Stanford Brain Performance Center

The Stanford Brain Performance Center is an interdisciplinary center of the Stanford school of medicine. Its mission is to advance the neuroscience of brain performance in development, injury and aging.

About the Brain Trauma Foundation

1986 by Dr. Ghajar, the Brain Trauma Foundation was created to improve the outcome of TBI. BTF develops and maintains the evidence-based TBI guidelines that are now the standard of care for US and international trauma centers and result in a 45% decrease in deaths.

About the brain trauma blueprint

The Brain Trauma Blueprint is a framework for advancing precision diagnostics and therapy for brain trauma through a process of consensus roadmapping of community stakeholders and collaborative execution. Further information can be found at www.braintraumablueprint.org (https://www.braintraumablueprint.org)

Contact:

Karin Eskenazi
Senior Director, Communications
press@cohenbio.org

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SOURCE Cohen Veterans Bioscience

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New partners announced for the Tidwell Group for 2021 https://joannabetton.com/new-partners-announced-for-the-tidwell-group-for-2021/ https://joannabetton.com/new-partners-announced-for-the-tidwell-group-for-2021/#respond Fri, 06 Aug 2021 17:19:00 +0000 https://joannabetton.com/new-partners-announced-for-the-tidwell-group-for-2021/ BIRMINGHAM, Ala., August 6, 2021 / PRNewswire / – Tidwell Group, a leading accounting and advisory firm with offices in offices in Alabama, Georgia, Ohio, and Texas, is happy to share that Andrew Hooper, Clint Hamilton, Michael Fournier, Patrick Burk, and Sean Hutton have been promoted to partner. New partners announced for the Tidwell Group […]]]>

BIRMINGHAM, Ala., August 6, 2021 / PRNewswire / – Tidwell Group, a leading accounting and advisory firm with offices in offices in Alabama, Georgia, Ohio, and Texas, is happy to share that Andrew Hooper, Clint Hamilton, Michael Fournier, Patrick Burk, and Sean Hutton have been promoted to partner.

New partners announced for the Tidwell Group for 2021

“The partner group expansion tells who the Tidwell Group is,” said J. Barry Tidwell

“The partner group expansion tells who the Tidwell Group is,” said J. Barry Tidwell, National Managing Partner of the Tidwell Group. “These newly added partners represent the next generation of accounting executives. The Tidwell Group is about creating opportunities for career expansion, personal growth and success.”

Andrew Hooper, CPA, is an assurance partner of the Tidwell Group Birmingham Office. Hooper has been with the company for more than nine years, starting out as an intern. He mainly specializes in the construction and real estate industries, particularly low-income housing tax credits, RD- and HUD-supported projects. In addition to his experience in building and real estate auditing, he also has excellent experience in non-profit, professional service companies and regulatory audits. Hooper received his Bachelor of Accounting at Auburn University and his Master of Accountancy at the University of Alabama at Birmingham.

Clint Hamilton, CPA, is an assurance partner of the Tidwell Group Atlanta Office with eight years of experience in public accounting. His primary focus was on the US Department of Housing and Urban Development (HUD) and real estate projects funded and subsidized by the US Department of Agriculture for Rural Development (RD). Hamilton received his bachelor’s degree and master of science degree in accounting from the University of Kentucky.

Patrick Burk, CPA, is an assurance partner in the Atlanta Tidwell Group Office. With nine years of public accounting experience, his primary focus is on real estate with an emphasis on affordable housing, including low-income residential property tax credits, USDA / rural development projects, and HUD-backed projects. Burk understands the importance of customer service and prides itself on quality and on-time delivery. He holds a bachelor’s degree in accounting from the University of Alabama and a bachelor’s degree in finance University of Alabama in Birmingham.

Michael Fournier, CPA, is an assurance partner of the Tidwell Group Atlanta Office. His work with clients has been extensive, including all aspects of real estate, from contractors, real estate developers, owners and operators of commercial and residential real estate, senior housing, mortgage lenders (Fannie Mae DUS Lenders), tax credit indicators, and real estate investment funds. Fournier is also experienced in healthcare and nonprofits and is an expert in consolidations. Fournier received his bachelor’s degree from the University of Georgia.

Sean Hutton, CPA, is an assurance partner in the Columbus Office of the Tidwell Group and has twelve years of public accounting experience. Hutton’s expertise focuses on real estate, more precisely on the affordable housing industry. His expertise also includes cost statement audits and tax credits for low-income residential real estate. He was also part of the group that revised the current Rural Development Handbook 515. Hutton received his Bachelor of Sciences in accounting from Capital University and is a certified public accountant in Ohio.

About Tidwell Group, LLC
Tidwell Group, LLC, was named INSIDE Public Accounting (IPA) Best of the Best Firm for 2020 and 2019 and was named to Forbes’ list of America’s Best Tax and Accounting Firms of 2021. These recognitions follow the company’s fastest growing rankings for 2019, 2018 and 2017.

A leading auditing and consulting company with offices in Alabama, Georgia, Ohio, and Texas, Tidwell Group specializes in the tax credit, real estate, and construction industries. The company’s experienced specialists serve all asset classes in the affordable housing industry. You’ll develop long-term customer relationships through value-driven outcomes with expertise ranging from low-income residential property tax credits, bonds and conventional finance, renewable energy, HUD compliance and reporting, and USDA compliance and rural development reporting. Ready to roll up your sleeves, the Tidwell Group will have an immediate impact on your business. Their expertise, partnership mentality, and hands-on approach enable them to offer advice and new ways to improve your business.

For more information about the Tidwell Group, visit the company’s website at www.TidwellGroup.com, Twitter @TidwellGroupLLC, or call (866) 442-7090.

(PRNewsfoto / Tidwell Group LLC)

(PRNewsfoto / Tidwell Group LLC)

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SOURCE Tidwell Group, LLC

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Five Indian companies with great commitment in China https://joannabetton.com/five-indian-companies-with-great-commitment-in-china/ https://joannabetton.com/five-indian-companies-with-great-commitment-in-china/#respond Fri, 06 Aug 2021 12:07:25 +0000 https://joannabetton.com/five-indian-companies-with-great-commitment-in-china/ Even if the government’s initiatives such as “Make in India” and “Aatmanirbhar Bharat” have helped to reduce this dependency somewhat, it cannot be ignored that today almost all sectors are directly or indirectly dependent on China. Here are 5 Indian companies with a huge exposure to China. # 1 Tata engines Tata Motors is an […]]]>

Even if the government’s initiatives such as “Make in India” and “Aatmanirbhar Bharat” have helped to reduce this dependency somewhat, it cannot be ignored that today almost all sectors are directly or indirectly dependent on China.

Here are 5 Indian companies with a huge exposure to China.

# 1 Tata engines

Tata Motors is an Indian multinational automobile manufacturer that manufactures cars, trucks, buses, sports cars and military vehicles.

The company generates more than 80% of its sales with its subsidiary Jaguar Land Rover (JLR), which counts China as one of its most important markets.

In the March 2021 quarter, Tata Motors turned profitable as a rebound in Chinese demand boosted sales of the automaker’s luxury sports cars and SUVs.

The company’s sales in China more than doubled as the region was least affected by Covid-19. The numbers were particularly encouraging as sales grew year on year as well as quarter to quarter.

It has also partnered with a Chinese company called Chery Automobiles to make JLR cars.

# 2 VIP industries

VIP Industries is India’s largest manufacturer of luggage and travel accessories. The company is dependent on China for around 50% of its production.

The soft luggage segment, which accounts for a large part of VIP sales, is mainly sourced from China.

This exposes the company to a geographical concentration risk and a currency risk.

To reduce reliance on Chinese imports, VIP Industries aims to reduce supplier exposure from China from 88% to around 25%, mainly through backward integration and streamlining other supplier options.

Given the lower labor costs in Bangladesh, the company is expanding its operations in Bangladesh, which should help reduce its direct imports from China and improve its profitability.

# 3 Voltas

Voltas is an Indian multinational home appliance manufacturer specializing in air conditioning and cooling technology. The company was founded in 1954 as a collaboration between Tata Sons and Volkart Brothers.

Among the white goods manufacturers, Voltas has the highest dependence on China for its compressors and controls.

The company plans to consider a joint venture with Chinese manufacturers to manufacture these components as they are expected to be more competitive.

Voltas also relies on China for interior doors, but dependence on imports has fallen from 93–94% three to four years ago to 70%.

As the company actively invests in its own interior door shapes every year, this figure would drop to 50% over the next three to four years.

# 4 Caplin Point Laboratories

Caplin Point Laboratories is a fast growing pharmaceutical company developing a wide range of generic formulations and branded products. It is mainly aimed at the emerging countries of Latin America and Africa.

The company has an office in China to source its raw materials and finished goods for import and export.

It also has a joint venture (JV) with Hainan Jointown Caplin Point Pharmaceuticals, a publicly traded distributor valued at $ 11 billion in the Chinese province of Hainan.

The joint venture will focus on trading and manufacturing various pharmaceutical products between China, India and South America for sustainable growth.

Caplin holds 39% of the shares in the company. It was agreed between both parties that all business resulting from this entity would be conducted through Caplin and / or its subsidiary.

# 5 Kingfa Science & Technology

Kingfa Science & Technology is engaged in the manufacture and supply of high-quality reinforced polypropylene compounds, thermoplastic elastomers and fiber-reinforced composites.

The company belongs to the enormously powerful Chinese company Kingfa China, which is one of the largest plastic compounders in the world.

Kingfa China holds 75% of the shares in Kingfa Science & Technology. The company’s management is also Chinese.

Kingfa Science & Tech is likely to be a major beneficiary of the trade war with China as it would mean more business for the Indian company as a lot of diversions will take place. The parent company is very optimistic about India.

As you can see from the list above, India’s dependence on China manifests itself in different ways.

Despite all efforts by the Indian government to reduce the country’s economic dependence on China, India’s bilateral trade with China rose 62.7% year-on-year to EUR 57.5 billion in the first half of 2021. U.S. dollar.

This is the highest in recent years amid the Ladakh impasse and Covid-19 pandemic, according to Chinese Customs, and suggests that decoupling may not be an easy option.

Preventing over-reliance on Chinese supply chains and China’s entry into strategic domestic sectors will help allay some of the heightened concerns.

But in order to tackle this in the long term, Indian politicians must take a more strategic look at their economic engagement with China and leave aside the somewhat tactical approach of the last few decades.

In order for India’s economic diplomacy to successfully achieve its goals with China, it must be calibrated on several levels, of which bilateral is just one. It must also include regional and multilateral measures.

(This article is syndicated by Equitymaster.com)

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Glenmark Life Sciences share allotment today. How to check the status https://joannabetton.com/glenmark-life-sciences-share-allotment-today-how-to-check-the-status/ https://joannabetton.com/glenmark-life-sciences-share-allotment-today-how-to-check-the-status/#respond Thu, 05 Aug 2021 07:39:58 +0000 https://joannabetton.com/glenmark-life-sciences-share-allotment-today-how-to-check-the-status/ The stock award in Glenmark Life Sciences’ initial public offering, which was subscribed nearly 45 times, will close today. The retail share of the ₹1513 crore IPO subscribed 14.63 times, qualified institutional buyers 36.97 times and non-institutional investors 122.54 times. KFintech Private Limited is the registrar of the initial public offering of Glenmark Life Sciences […]]]>

The stock award in Glenmark Life Sciences’ initial public offering, which was subscribed nearly 45 times, will close today. The retail share of the 1513 crore IPO subscribed 14.63 times, qualified institutional buyers 36.97 times and non-institutional investors 122.54 times. KFintech Private Limited is the registrar of the initial public offering of Glenmark Life Sciences and will manage the stock allocation. Once the allotment is complete, investors can check the status of their application on the KFintech Private Limited website.

Glenmark Life Sciences’ shares are expected to list on August 6th. Investors can also check the status of their application on the BSE website.

Before going public, Glenmark Life Sciences had increased 454 crore from anchor investors. The edition included a reissue of up to 1,060 crore and an offer to sell up to 63 lakh stocks and shares were in the price range of. offered 695-720 per share. The lot size was 20.

Many analysts recommended subscribing to the IPO of Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals.

“Given its strong focus on R&D expansion plans, leadership in select high quality non-manufactured drugs in therapeutic areas, solid customer base, and growth opportunities in CDMO services, the company has good prospects. At the upper price range of Rs.720, GLSL is available at a P / E of 25x (diluted) which seems fair valued. Given the robust growth in financial stocks, declines in D / E, increases in future capacity and future product portfolio, the stock can be looked at on a long-term basis, “Vinod said Nair, Head of Research at Geojit Financial Services.

Founded in 2011, Glenmark Life Sciences Ltd is a leading developer and manufacturer of select high quality, over the counter active pharmaceutical ingredients (APIs) in chronic therapeutic areas including cardiovascular disease, central nervous system disease, pain management and diabetes. The company also manufactures and sells APIs for gastrointestinal diseases, anti-infectives, and other therapeutic areas.

As of March 31, 2021, Glenmark Life Sciences had a portfolio of 120 molecules worldwide and sold its APIs in India and also exported to many countries.

According to domestic brokerage house Anand Rathi, Glenmark Life Sciences has a proven track record of delivering strong financial performance. Your total revenue from operations for fiscal years 2021, 2020 and 2019 was 1885 million, 1537 crore and 1,405 crore or a profit of 351 crore, 313 crore and 195 million euros.

“Given the company’s leadership in selected high quality non-commercial compounds in chronic therapeutic areas, cost leadership, strong management, strong track record, growing business, high RoNW of 46.71% for the fiscal year ended March 31, 2021, and reasonable ratings,” we give this IPO a subscriber rating, “Anand Rathi said in a note.

According to a report by the Press Trust of India, five pharmaceutical companies are tapping the initial public offering (IPO) market in the next few weeks to capture the huge interest of retailers in the healthcare sector to over 8,000 million euros. The list Emcure Pharma, Vijaya Diagnostic Center, Krsnaa Diagnostics, Supriya Lifesciences and Windlass Biotech’s 400 crore edition. (With agency entries)

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IPOs to drive the startup revolution in India: NITI Aayog CEO https://joannabetton.com/ipos-to-drive-the-startup-revolution-in-india-niti-aayog-ceo/ https://joannabetton.com/ipos-to-drive-the-startup-revolution-in-india-niti-aayog-ceo/#respond Fri, 23 Jul 2021 17:28:51 +0000 https://joannabetton.com/ipos-to-drive-the-startup-revolution-in-india-niti-aayog-ceo/ Digitization has given India’s startup ecosystem a boost and IPOs will fuel the country’s startup revolution, said Niti Aayog CEO Amitabh Kant on Friday. At a virtual event organized by the Innovation Venturing and Entrepreneurship in India Network (iVEIN), Kant said India is the second fastest in digitization out of 17 economies. “IPOs will drive […]]]>

Digitization has given India’s startup ecosystem a boost and IPOs will fuel the country’s startup revolution, said Niti Aayog CEO Amitabh Kant on Friday.

At a virtual event organized by the Innovation Venturing and Entrepreneurship in India Network (iVEIN), Kant said India is the second fastest in digitization out of 17 economies.

“IPOs will drive our start-up revolution. Indian startups will raise money from the Indian public in the Indian markets. This is really Aatmanirbhar Bharat. Digitization has given the startup ecosystem in India a boost, ”he said.

His comments came on a day when Zomato made an excellent debut on the stock markets on Friday as its shares rose nearly 66 percent from the issue price 76. Last week’s initial public offering (IPO) ended with 38 subscriptions.

In a large and diverse country like India, it is important to implement and scale programs quickly to reach 1.3 billion citizens in native languages, Kant noted.

“Startups should use technology for social good. The pandemic offered an opportunity to do this, ”he said.

According to Kant, the interface between e-commerce and the internet has created business opportunities. Developing world-class technology products requires input from AI, he said, adding, “Our curriculum needs to be redesigned to produce world-class AI scientists and designers.”

Kant also noted that failure is an integral part of the startup movement and every parent and investor in India needs to understand this. He quickly added that nowhere in the world would startups get the size and scope of data like India.

“Datasets offer the opportunity to use AI and ML in a number of areas such as health, agriculture, and education,” he noted.

Kris Gopalakrishnan, co-founder of Infosys, called for a significant increase in investment in research at the event.

“We also need a category of investors – HNIs with large pockets – who have no time horizon. You have to deal with seeding the deep tech, ”he added.

Using the department of biotechnology as an example, Gopalakrishnan said they did a phenomenal job creating startups, especially during the pandemic.

“Not for profit doesn’t mean you won’t be making a profit. These businesses must be run with financial discipline and should be upheld,” he noted.

This story was posted through a news agency feed with no changes to the text.

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