SUMMIT, N.J. - Thursday, July 10th 2014 [ME NewsWire]

Phase III POSTURE Study Did Not Achieve Primary Endpoint of ASAS 20 at Week 16

Based on Efficacy and Safety Data at Week 24, the Independent Data Monitoring Committee Recommended Continuation of the Phase III POSTURE Study Without Change

In OTEZLA Study Arms, ASAS 20 Results Continued to Improve Over Time

OTEZLA Tolerability and Safety Profile Consistent With Previous Clinical Trials

(BUSINESS WIRE)-- Celgene Corporation (NASDAQ:CELG) today announced results of its phase III POSTURE study evaluating OTEZLA, the company’s oral, selective inhibitor of phosphodiesterase 4 (PDE4), in patients with active ankylosing spondylitis. The OTEZLA arms did not achieve statistically significant improvement versus the placebo arm for the primary endpoint, the percentage of patients who achieve an ASAS (Assessment of SpondyloArthritis international Society) 20 response at week 16. However, in a presp ... Read more »

PHILADELPHIA - Tuesday, July 8th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Iroko Pharmaceuticals, LLC, a global specialty pharmaceutical company dedicated to advancing the science of analgesia, today announced the company affiliate’s first regulatory submission outside of the United States for ZORVOLEX® (diclofenac) capsules. A new drug application was filed for the nonsteroidal anti-inflammatory drug (NSAID) with the Republic of Lebanon Ministry of Public Health (MOPH). ZORVOLEX was approved by the U.S. Food and Drug Administration (FDA) in October 2013 for the treatment of mild to moderate acute pain in adults and is not currently approved for marketing in any other country. A supplemental New Drug Application seeking approval for osteoarthritis pain is currently being reviewed by FDA.

“The first ZORVOLEX filing outside of the United States is a tremendous milestone for our company, building on a very busy first half of 2014, which included the ZORVOLEX ... Read more »

COLOMBES, France - Wednesday, July 9th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space, today announced that PEARL, its embedded Secure Element, is the first of its kind to be CIPURSE™-certified. As an active member of the OSPT Alliance, OT supports this open standard designed for transport authorities but also open to city services.

With PEARL by OT® and CIPURSE™ present in the next generation of smartphones, end-users will enjoy the convenience of getting on and off the train, tram or bus by simply waving their phone in front of a contactless terminal. Cities will soon be capable of deploying services like bike or car rental, swimming pool or library access, all thanks to this innovative technology. Queuing to get a ticket will soon be history! Electronic tickets are not only environmental-friendly, they are also more convenient. Thanks to OT solutions, PEARL will t ... Read more »

ME NewsWire/Business Wire

NEW YORK - Tuesday, July 8th 2014

Award-winning entertainer Ellen DeGeneres and J. Christopher Burch, founder of C. Wonder and CEO of Burch Creative Capital, announced today the formation of a joint partnership to create and sell E.D., a new collection designed by Ms. DeGeneres. E.D. will offer an array of product categories including home, ready-to-wear, accessories, and pets. First to launch will be a capsule collection of direct-to-consumer home items for Holiday 2014 followed by a full collection launch at retail for Spring 2015.

This partnership has created a new paradigm for celebrity-based collections. Both Ms. DeGeneres and Mr. Burch are equally invested, with Ms. DeGeneres providing creative direction and Mr. Burch bringing manufacturing and brand development expertise. Additionally, the new company has many highly experienced retail and brand experts in management and board leadership positions including Michael Francis, Ch ... Read more »

Payment processor's Singapore office will serve as a hub for addressing regional market needs  

REDWOOD CITY, Calif. - Wednesday, July 9th 2014 [ME NewsWire]

(BUSINESS WIRE)-- To address the growing market for prepaid products and mobile financial services in the Asia Pacific region, i2c, Inc., a provider of payment processing and emerging commerce solutions, today announced the opening of its Singapore office. Located at One Raffles Place, the office will house product, client services and business development staff.

i2c's solutions are redefining what's possible in prepaid, debit, credit and emerging commerce by offering a single global processing platform with integrated mobile and loyalty capabilities. Issuers looking to launch travel, virtual, mobile, corporate and government prepaid products in the Asia Pacific region are working with i2c to get to market quickly with differentiated programs. With programs in market in Japan, China, the ... Read more »

INGELHEIM, Germany - Tuesday, July 8th 2014 [ME NewsWire]

    In older, untreated AML patients not suitable for intensive chemotherapy, volasertib* combined with chemotherapy led to prolonged survival times compared to chemotherapy alone
    Volasertib* also more than doubled remission rates
    AML is a rare type of aggressive cancer of the bone marrow and blood predominantly affecting adults over 60

(BUSINESS WIRE)-- For media outside of the US/UK only

Summary:

Acute Myeloid Leukaemia (AML) is an aggressive and devastating blood cancer.1,2 It predominantly affects people over 60 and is one of the most common adult leukaemias in the Western World.1 The current standard of care is intensive chemotherapy, but many older patients cannot tolerate this therapeutic approach; their options are limited and their prognosis is poor. For older AML patients not suitable for intensive chemotherapy, low dose ... Read more »

Braun and F1 World Champion Seb Vettel launch Braun’s latest innovation in Silverstone

SILVERSTONE, England - Tuesday, July 8th 2014 [ME NewsWire]
(BUSINESS WIRE)-- Today, Braun and quadruple Formula 1 champion Sebastian Vettel launch a new wave of shaving with Braun WaterFlex – Braun’s latest innovation fully designed and engineered to explore shaving with water, foam and gel, transforming an electric shave into a whole new sensorial experience.
This exciting announcement marks the first year anniversary of Sebastian Vettel becoming the Global Brand Ambassador for Braun. Last year, Braun and Sebastian launched the ‘Hold on to your Dreams’ campaign which inspires men worldwide to pursue their dreams and never give up on them. This is the story of steely determination, in racing, in engineering, in pursuing and fulfilling men’s dreams. Now, with the launch of the new Braun WaterFlex, their collaboration is stronger than ever. Bo ... Read more »

Together Information -

TOKYO - Monday, July 7th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Tec Corporation has launched a new global go-to-market brand, Together Information for its Printing Solutions Business within the Global Solutions Business Group.

Based in Tokyo, Toshiba is a leading provider of in-store retail, office, and supply chain business solutions. In Printing Solutions Business, in addition to its core business, the strategy of differentiation based on unique factors, including the eco solutions and vertical solutions is set to enhance the business. Toshiba’s unique eco solutions contribute to the customers from both ecological and economic perspective with the flagship environmental technology including world’s first paper reusable system. Toshiba’s vertical solutions, based on versatile information technologies, provide its unique value especially to the customers in retail, logistics, and manufacturing industries.

... Read more »

DOHA, Qatar - Tuesday, July 8th 2014 [ME NewsWire]

QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, announced its results for the six months ended 30 June 2014.

For the six months of 2014, Net Profit was QR5.1 billion (USD1.4 billion), up by 7.0% compared to last year.

The Group’s prudent cost control policy and strong revenue generating capability allowed it to maintain an efficiency ratio (cost to income ratio) of 21.5%, which is considered one of the best ratios among financial institutions in the region.

Total assets increased by 7.9% from June 2013 to reach QR466 billion (USD127.9 billion), the highest ever achieved by the Group. This was the result of a strong growth rate of 10.1% in loans and advances to reach QR326 billion (USD89.6 billion).

The Group was able to maintain the ratio of non-performing loans to gross loans at 1.6%, a level considered one of the lowest amon ... Read more »

NEW YORK - Tuesday, July 8th 2014 [ME NewsWire]

(BUSINESS WIRE)-- The Rohatyn Group (“TRG”), an independent investment firm focused on emerging markets, today announced that TRG Growth Fund II has sold its minority stake in Transportadora de Gas Internacional S.A. ESP (“TGI”) to majority shareholder Empresa de Energia de Bogota S. AS. ESP (“EEB”), for $880 million. EEB, a leading energy holding company in Colombia with interests across the electricity and natural gas sectors, is a publicly listed company controlled by the District of Bogota.

TGI is the largest natural gas transportation company in Colombia with a network of 3,957 kilometers of pipelines and a total delivery capacity of 730 million cubic feet per day. The company transports natural gas through eight main pipelines and several secondary branches located to cover all major urban and industrial centers throughout Colombia. TRG Growth Fund II acquired a minority stake i ... Read more »