ADAGENE APPOINTS CUONG DO TO BOARD OF DIRECTORS AND AUDIT COMMITTEE

SAN DIEGO and SUZHOU, China, Nov 22 (Bernama-GLOBE NEWSWIRE) — Adagene Inc. (“Adagene”) (Nasdaq: ADAG), a company transforming the discovery and development of antibody-based therapies, today announced the appointment of Cuong Do, MBA, to Adagene’s board of directors (the “Board”) as an independent director. He will also serve as an audit committee member.

Mr. Do is President and CEO of BioVie Inc., a clinical-stage company developing innovative therapies for Alzheimer’s Disease, Parkinson’s disease and refractory Ascites. Prior to BioVie, Mr. Do was President of Samsung’s Global Strategy Group where he helped to set the strategic direction for Samsung Group’s diverse business portfolio, including the growth of its biologics businesses. He was previously the Chief Strategy Officer for Merck, a leading global pharmaceuticals company, where he played a key role in defining the company’s strategy, including the focus on oncology and creating its leading position with the anti-PD-1 therapy, pembrolizumab (KEYTRUDA®). Mr. Do was also a senior partner at McKinsey & Company, where he spent 17 years helping to build the healthcare, high technology, and corporate finance practices. He holds a BA from Dartmouth College and an MBA from the Tuck School of Business at Dartmouth.

“I’m very excited to join the Adagene board and do what I can to help advance our programs to help our patients,” commented Mr. Do. “Adagene has ground-breaking innovations that can improve the efficacy and safety of immunotherapies. I look forward to working with the company and our partners to advance the programs and benefit patients.”

“On the heels of data presented at the recent ESMO and SITC conferences showcasing the enhanced therapeutic index of our anti-CTLA-4 programs, I am delighted to welcome Cuong to our board as we approach significant milestones in our pipeline and engage in business development activities with major strategic considerations,” said Peter Luo, Ph.D., Co-Founder, CEO and Chairman of the Board of Adagene. “Cuong’s history of strategic leadership roles in healthcare, particularly for the pembrolizumab franchise at Merck, will help us position our highly differentiated anti-CTLA-4 clinical programs for partnership with leading anti-PD-1/PD-L1 players to develop safer and more efficacious combination therapies for proven and difficult-to-treat tumor types such as MSS CRC and others.”

About Adagene
Adagene Inc. (Nasdaq: ADAG) is a platform-driven, clinical-stage biotechnology company committed to transforming the discovery and development of novel antibody-based cancer immunotherapies. Adagene combines computational biology and artificial intelligence to design novel antibodies that address unmet patient needs. Powered by its proprietary Dynamic Precision Library (DPL) platform, composed of NEObody™, SAFEbody®, and POWERbody™ technologies, Adagene’s highly differentiated pipeline features novel immunotherapy programs. Adagene has forged strategic collaborations with reputable global partners that leverage its technology in multiple approaches at the vanguard of science.

For more information, please visit: https://investor.adagene.com. Follow Adagene on WeChat, LinkedIn and Twitter.

SAFEbody® is a registered trademark in the United States, China, Australia, Japan, Singapore, and the European Union.

Safe Harbor Statement

This press release contains forward-looking statements, including statements regarding the potential implications of clinical data for patients, and Adagene’s advancement of, and anticipated preclinical activities, clinical development, regulatory milestones, and commercialization of its product candidates. Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including but not limited to Adagene’s ability to demonstrate the safety and efficacy of its drug candidates; the clinical results for its drug candidates, which may not support further development or regulatory approval; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of Adagene’s drug candidates; Adagene’s ability to achieve commercial success for its drug candidates, if approved; Adagene’s ability to obtain and maintain protection of intellectual property for its technology and drugs; Adagene’s reliance on third parties to conduct drug development, manufacturing and other services; Adagene’s limited operating history and Adagene’s ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; Adagene’s ability to enter into additional collaboration agreements beyond its existing strategic partnerships or collaborations, and the impact of the COVID-19 pandemic on Adagene’s clinical development, commercial and other operations, as well as those risks more fully discussed in the “Risk Factors” section in Adagene’s annual report for the year of 2021 on Form 20-F filed with the U.S. Securities and Exchange Commission. All forward-looking statements are based on information currently available to Adagene, and Adagene undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Investor & Media Contact:
Ami Knoefler
Adagene
650-739-9952

SOURCE : Adagene Inc.

FORGING STRONGER TRADE TIES WITH GREECE AND SHARING MARKET INSIGHTS

KUALA LUMPUR, Nov 17 (Bernama) — The Malaysian Timber Council (MTC) held its Incoming Buying Mission from Greece (IBM) and Debriefing Session at the Malaysia International Trade and Exhibition Centre (MITEC) here, on 15 November 2022.

MTC has been actively conducting programmes to enhance trade and the IBM was held after seeing good potential in imports from the Hellenic Republic.

From January to August 2022, Malaysia’s export of timber and timber products to Greece was valued at RM24.58 million. The top four products exported were wooden furniture at RM10.63 million, sawntimber at RM7.72 million, mouldings at RM1.82 million, and Builders’ Joinery and Carpentry (BJC) at RM0.61 million.

Compared to the same period in 2021, Malaysia’s export of sawntimber and mouldings to Greece increased by more than 100% from RM3.14 million to RM7.72 million and from RM0.58 million to RM1.82 million, respectively, while the export of BJC increased by 34.9%.

“Malaysia has been trading with Greece for the past 15 to 20 years and we are very optimistic of generating more trade judging from the recent import patterns,” said MTC CEO Mr. Muhtar Suhaili.

MTC was also part of a Ministerial Mission to Greece that was organized by the Ministry of Plantation Industries and Commodities in June this year to promote bilateral trade for the agricommodity sector where the Council paid a courtesy visit to the Minister of Rural Development and Food of Greece H.E. Mr. Georgios Georgantas as well as the Deputy Minister of Foreign Affairs, H.E. Mr. Konstantinos Fragkogiannis. The Council also had several engagement sessions with industry captains, including a roundtable discussion with the Greek Timber Association and the Greek Wooden Frame Association during the mission.

He added that though Malaysian timber products are exported to over 170 countries, MTC has never stopped seeking new partners or opportunities to boost the global market share for Malaysia.

A Business-to-Business (B2B) Matching Session was conducted of which a total of 12 Greek companies were matched with 21 Malaysian timber-based manufacturers who produce among others, laminated scantlings, glued laminated timbers, veneers and plywood as these are sought-after products in Greece.

Running concurrently with the B2B Matching Session was a Debriefing Session which highlighted the outcomes of programmes undertaken by MTC which included market research visits, marketing mission and raw material sourcing missions.

In conjunction with the IBM, factory visits were also organized where the Greek buyers visited several timber-based factories in both Selangor and Pahang.

“MTC’s programmes are extensive in nature as we try and gather on-the-ground information. It’s all about seeing where you can fill the gaps for the market and grow your business in a way that will allow you to outperform your competitors,” said Mr. Muhtar.

More than 80 industry members attended the debriefing seminar where trade findings of MTC’s visits to the United States, Australia, Papua New Guinea, Vietnam, the Philippines, Indonesia, and Thailand were shared.


CAPTIONS:
1.    MTC CEO Mr. Muhtar Suhaili delivering his welcoming remarks. – https://mtc.com.my/i/CEODeb.JPG
2.    MTC CEO Mr. Muhtar Suhaili (front row in blue suit) with participants of the Debriefing Seminar.  https://mtc.com.my/B2BGREECE/CEO01.JPG

About the Malaysian Timber Council

The Malaysian Timber Council (MTC) was established in January 1992 to promote the development and growth of the Malaysian timber industry globally. MTC’s main objectives are to promote the Malaysian timber trade and develop the market for timber products globally, to promote the development of the industry by upgrading the industry’s manufacturing technology base, to augment the supply of raw materials, to provide information services and to protect and improve the Malaysian timber industry’s global image. Further information on the Council’s activities can be obtained from www.mtc.com.my.

Issued by the Malaysian Timber Council

Source: Malaysian Timber Council

http://mrem.bernama.com/viewsm.php?idm=44768

“RAINFOREST AND YOU” EXPERIENTIAL ACTIVITY HELD IN WUZHISHAN, HAINAN, CHINA

HAIKOU, China, Nov. 16, 2022 /Xinhua-AsiaNet/–

Recently, an activity themed “Rainforest and You” that integrates live-action performance at fields was held in Wuzhishan City, Hainan Free Trade Port, China. The pleasant rural scenery, unique culture of Li ethnic group, and wonderful singing and dancing performances have attracted a large number of tourists, according to Publicity Department of Wuzhishan Municipal Party Committee.
 
This year, the main venue of the “Rainforest and You” is set in the Wuzhishan area of Hainan Tropical Rainforest National Park. There will be more than ten cultural tourism activities, including natural education, forest health care, leisure and vacation, ecological science popularization and wildlife appreciation, successively carried out in the surrounding cities and counties of Hainan Tropical Rainforest National Park.
 
According to Lin Qing, the chief planner and chief director of the “Rainforest and You” activity, the live-action performances are the highlight of this activity, which, under the natural background of Wuzhishan rural grain-sunning ground, ecological farmlands, and field trails, integrated with the local minority cultures, include about 430 local mass to act in the performances together, and are planned to be upgraded to a sustainable rural cultural tourism project.
 
The “Rainforest and You” activity is an ecological culture brand activity planned and launched by Hainan Province. It aims to fully enhance the publicity and promotion of Hainan Tropical Rainforest National Park, show the charm of the national park, cultivate the national park culture, spread the concept of the national park, and display the fruitful results of tropical rain forest protection and national park construction in all respects.
 

http://mrem.bernama.com/viewsm.php?idm=44742

Hainan Free Trade Port an important window for world to observe Chinese modernisation

KUALA LUMPUR, Nov 16 (Bernama) — The Hainan Free Trade Port, in the next fi ve years and beyond, will emerge as an important window for the world to observeChinese modernisation, according to the relevant responsible person of the Publicity Department of the CPC Hainan Provincial Committee.

Hainan is at the forefront of China’s reform and opening up. With the development of free trade ports with Chinese characteristics, policies such as the introductionof talent and zero tariffs have been implemented and the world’s attention is increasingly paid to the province.

In recent years, it has also become a global investment hotspot.

In a statement, the department said a four-day “Yeah! Hainan” foreign media photography activity was launched in Haikou City on November 14.

The activity is held in the hope that foreign media will show the world an open, beautiful and vibrant free trade port so that the international community canunderstand Hainan, be familiar with Hainan and love Hainan.

Reporters of international mainstream media entered Haikou to learn about local tourism consumption, high and new technologies and ecological environmentprotection to experience Hainan’s charm of Chinese modernisation.

The foreign media will also go to Qionghai and Wanning to learn more about the construction of Hainan’s free trade port, ecological environment protection, tropicalagriculture and tourism consumption, to tell the stories of Hainan to the overseas public.

— BERNAMA

MARY KAY INC ANNOUNCES ITS SPONSORED DOCUMENTARY SELECTED FOR FOUR FILM FESTIVALS

KUALA LUMPUR, Nov 16 (Bernama) — Mary Kay Inc, a global advocate for sustainability, has announced that its sponsored documentary, Forest of Hope, has been officially selected for four film festivals.

Written, directed, and produced by an all-female team and screened at La Femme International Film Festival, the documentary sheds light on the fight to save forests and tells the story of conservation and women’s empowerment.

“Forest of Hope was also selected for the North Dakota Environmental Rights Film Festival, Hot Springs International Women’s Film Festival, and the Green Film Festival,” said Mary Kay in a statement.

Mary Kay served as an executive producer of the short film in partnership with The Nature Conservancy to highlight the story of Angelica, leader of Mujeres Unidas Para La Conservacion de Laguna de Sanchez, and a group of female entrepreneurs as they combat environmental challenges in the surrounding areas of the city of Monterrey.

Forest of Hope takes viewers to a small mountain town near the city of Monterrey surrounded by Cumbres National Park, a natural reserve known as “The Lungs of the Region”.

It is a place where fires and clear cutting have destroyed over 30 per cent of the forest and which is prone to other ecological challenges such as hurricanes, flooding, and issues with water supply.

In the same statement, Mary Kay said it has planted more than 1.2 million trees across the world and its conservation work with trees is measurable and creates a lasting impact.

As an entrepreneurship development company, Mary Kay is committed to empowering women on their journey through education, mentorship, advocacy, networking, and innovation.

— BERNAMA