MELBOURNE, AUSTRALIA: Telix Pharmaceuticals Limited has entered into an agreement to acquire QSAM Biosciences, Inc. and its lead investigational drug Samarium-153-DOTMP (153Sm-DOTMP). The purchase price comprises US$33.1 million upfront, which is payable in the form of 4,369,914 Telix ordinary shares to be issued at closing, subject to certain cash adjustments (at or after closing) which…
Insignia Financial appoints Scott Hartley as Chief Executive Officer
SYDNEY, AUSTRALIA: Insignia Financial (ASX: IFL) announce the appointment of Scott Hartley as Chief Executive Officer (“CEO”) of Insignia Financial. Scott joins Insignia Financial following an extensive search to replace Renato Mota, whose departure was announced in late October. Scott will commence in his role as CEO on 1 March 2024 and will join the…
AIG appoints former National Cyber Director Chris Inglis to Board of Directors
AIG, a leading global insurance organization, announced today that Chris Inglis, a former National Cyber Director and an advisor to President Joe Biden on cybersecurity, has been appointed to its Board of Directors, effective immediately. Mr. Inglis is a renowned expert on cyber intelligence and security, with a distinguished career spanning nearly five decades in…
Ocean Aero and Saudi partners launch maritime drone technology
Ocean Aero, a leading developer of autonomous underwater and surface vehicles (AUSVs), has teamed up with INTRA Defense Technologies and MEMR, two prominent Saudi companies, to bring disruptive maritime technology to the region. The partnership, facilitated by Lockheed Martin, will leverage Ocean Aero’s Triton AUSV, the world’s first and only AUSV, to address a variety…
Transflo Hits $100 Million in Revenue, Leads Transportation Technology Innovation
Transflo, a leading technology innovator in the transportation sector, has achieved a remarkable feat by surpassing $100 million in annual revenue. The company attributes this success to its customer focus, product innovation, AI/ML leadership, organic growth, and strategic merger with Assured Telematics Inc. (ATI). Renee Krug, CEO of Transflo, said, “Surpassing $100 million in revenue…
Snow Beer, China’s No.1 beer brand, launches in North America
Snow Beer, the world’s most popular beer brand, has officially entered the North American market with its best-selling “Brave the World” series. The company, which has dominated the Chinese beer sector for over two decades, aims to introduce Americans to the rich and diverse Chinese beer culture. Ever Grand Group, the exclusive distributor of Snow…
dlivrd and Incentivio partner to offer a seamless catering delivery solution for restaurants
dlivrd and Incentivio have joined forces to offer a comprehensive catering delivery solution for restaurant brands. The partnership integrates dlivrd’s last-mile delivery capabilities with Incentivio’s digital guest engagement tools, enabling restaurants to leverage their own guest data and increase the lifetime value of their guests. The solution allows guests to place catering orders through the…
How AI is transforming education for students
How would you like to learn from a teacher who knows your strengths and weaknesses, adapts to your pace and preferences, and gives you instant feedback? What if you could explore any topic or subject in a virtual reality that makes you feel like you are there? How about having a research assistant who can…
Edith Avilés joins HSBC’s US Boards of Directors
HSBC Bank USA announced today the recent appointment of Edith Avilés to the HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. (HBUS) Boards of Directors, effective January 1. Avilés is a seasoned investment banker who has worked across US, European and Latin American markets for 30 years. She retired from Natixis S.A….
Diversified Maintenance acquires Facility Concierge Services
Diversified Maintenance, a leading provider of facility maintenance services, has announced its partnership with Facility Concierge Services, a full-service, woman-owned professional cleaning company in Central Pennsylvania. The strategic acquisition solidifies Diversified Maintenance’s commitment to footprint and vertical growth within the industry. Facility Concierge Services, led by Principal Mary Calverley, is recognized for its dedication to…
Schneider Electric, Intel and Red Hat launch new software framework for industrial control
Schneider Electric, the leader in the digital transformation of energy management and automation, has teamed up with Intel and Red Hat to release a new software framework for industrial control. The Distributed Control Node (DCN) software framework is an extension of Schneider Electric’s EcoStruxure™ Automation Expert that allows industrial companies to enhance their operations, ensure…
Brent Stone joins Ethos Capital as Managing Partner
BOSTON: Ethos Capital LP announced today that Brent Stone has joined the Firm as a Managing Partner, alongside fellow Managing Partners and Co-Founders, Erik Brooks and Fadi Chehade. Mr. Stone brings more than 25 years of experience, having completed investments with combined enterprise values of over $20 billion across multiple industries with a particular focus…