Author: jezzabellemente

KUALA LUMPUR, Sept 30 (Bernama) — Adagio Therapeutics Inc, a clinical-stage biopharmaceutical company focused on the discovery, development and commercialisation of antibody-based solutions for infectious diseases with pandemic potential, has announced new data from the company’s COVID-19 antibody programme.

Updated, six-month data from its ongoing Phase 1 study of ADG20 in healthy participants and data validating the selection of the 300mg intramuscular (IM) dose given as a single injection being evaluated in the company’s ongoing global Phase 2/3 treatment (STAMP) and prevention (EVADE) clinical trials will be presented during four poster sessions at the Infectious Disease Society of America’s IDWeek 2021, being held from Sept 29 – Oct 3.

In addition, Adagio’s chief scientific officer, Laura Walker, PhD, will present a subset of the ADG20 Phase 1 data as well as background on the identification and optimisation of this differentiated antibody clinical candidate in an oral presentation at the 19th Annual Discovery on Target Conference on Sept 30.

“The continued strength of the safety and pharmacokinetic data from our Phase 1 study is encouraging and further underscores the potential impact an antibody like ADG20 – which was designed to be potent, broadly neutralising and delivered as a single IM injection – could have on people with or at risk of COVID-19,” said Adagio chief medical officer, Lynn Connolly, MD, PhD in a statement.

“These Phase 1 data combined with our dose selection strategy, which relied on our innovative modeling approach, have allowed us to initiate and advance our pivotal trials of ADG20 in the treatment and prevention of COVID-19.

“We anticipate these data will support an Emergency Use Authorization (EUA) application in the first quarter of 2022, which could enable us to bring an important treatment option to patients.”

ADG20, a monoclonal antibody targeting the spike protein of SARS-CoV-2 and related coronaviruses, is being developed for the prevention and treatment of COVID-19, the disease caused by SARS-CoV-2.

Advancing ADG20 through multiple clinical trials on a global basis, Adagio has secured manufacturing capacity for the production of ADG20 with third-party contract manufacturers to support the completion of clinical trials and initial commercial launch.

For more information, visit http://www.adagiotx.com.

— BERNAMA

KUALA LUMPUR, Sept 28 (Bernama) — The five-day 2021 China-South Korea Investment and Trade Fair and China (Shenyang) South Korea Week was launched in Shenyang, China on Sept 23, according to the Information Office of Shenyang People’s Government.

Artistes from both China and South Korea jointly performed folk music, traditional Korean dance and modern stage plays at the ‘2021 China-South Korea Friendship Gala Evening’, one of the major cultural exchange activities of the ‘South Korea Week’.

‘Cookin’ NANTA’, a South Korean stage play, which was performed on Broadway in New York in October 2003, was also performed on the very evening, according to a statement.

“It is remarkable to enjoy the authentic programmes in Shenyang,” said a South Korean audience member working in Shenyang.

In addition, three Chinese performers who had won excellent scores in the Chuncheon International Vocal Competition sang ‘Hand in Hand’. The audience beat time to the song, pushing the performance to a climax.

Economic and trade activities including China-South Korea Investment and Trade Fair exhibition, China-South Korea aviation industry exchange and cooperation docking meeting, as well as cultural and sports exchange activities were also held during the South Korea Week.

— BERNAMA

KUALA LUMPUR, Sept 27 (Bernama) — TEPCO Power Grid Inc recently formed a joint venture with three companies, including Tokyo Electric Power Services Co Ltd and World Business Associates Co Ltd, that signed an agreement with Japan International Cooperation Agency (JICA) over the Project for Improvement of Power Utility Management of Electricite du Laos.

In 2020, the Government of Laos decided to break off the transmission division of Electricite Du Laos (EDL) and establish the Electricite Du Laos Transmission Company Ltd (EDL-T) for the purpose of handling power transmission both within and outside of Laos.

In conjunction with the establishment of EDL-T, selling its high-voltage transmission division and creating company strategies and business plans in this new business environment have become pressing issues as it negotiates power sales contracts with neighboring countries, manages consigned transmission based upon transmission agreements and strengthens its distribution business.

The company must also address such issues as the creation and implementation of financing/investment plans for optimally managing domestic supply and power interchange with neighbouring countries within a new electric rate structure, the improvement of management efficiency, and the creation of structures to train human resources needed to accomplish these tasks.

Each of the companies in the joint enterprise shall leverage their strengths, such as consulting and experience in the electricity industry both within and outside of Japan, experience as financial advisers, and consulting experience pertaining to management and human resource development.

This is to help EDL strengthen its management structure and capabilities so that it can address on its own the various issues it faces, according to a statement.

The TEPCO Group will continue to cooperate as a JICA ‘Laos Power Policy Advisor’ (2020~) and as part of the JICA ‘Project for Power Quality Improvement through Upgrading Grid Code and Strengthening its Enforcement System’ (2021~) as it contributes to the development of Laos’ power sector.

— BERNAMA

KUALA LUMPUR, Sept 24 — BANDAI NAMCO Group has begun a GUNDAM-powered, sustainability project, ‘GUNDAM UNIVERSAL CENTURY DEVELOPMENT ACTION (GUDA)’, and brought together fans worldwide along with many external partners to plan and take upon a variety of initiatives for the children of the future.

As part of the initiative, ‘GUNDAM OPEN INNOVATION’ was established in an effort to gather new ideas and technologies that can face the many issues found within society such as population and global environmental problems.

To further promote the initiative, a decision has been made to extend the application period for one additional month, according to a statement.

‘GUNDAM OPEN INNOVATION’ is a programme to create future dreams and hopes by revisiting the similarities between the real world and the fictional era of GUNDAM, the ‘Universal Century’, and merging ‘GUNDAM’ with ‘future technologies’ to face the social issues that exist in both worlds.

An initial invitation for application was announced back in July this year, with the first-phase deadline set on Aug 15, and a second-phase application deadline set on Sept 15.

An overwhelming amount of applications was received, with many requests for an extended deadline. Under the concept of receiving as many ideas as possible, a third-phase deadline has been decided and set for Oct 15, with hope of seeing more ideas to come.

An interview video is now available to the public, featuring BANDAI NAMCO Entertainment Corporate Managing Director and CGO, Koji Fujiwara, who is hosting ‘GUNDAM OPEN INNOVATION’ and the directors behind the ‘moving GUNDAM’ that was built last year in Yokohama.

The interview also brings up what the future of GUNDAM holds and how BANDAI NAMCO pushed out the GUNDAM brand in the form of products and services.

More details at https://www.bandainamco.co.jp/guda/goi/en/

— BERNAMA

KUALA LUMPUR, Sept 24 (Bernama) — AmBank Group has contributed RM50,000 to Yayasan Raja Zarith Sofiah Negeri Johor (YRZSNJ) for the purchase of 55 tablets bundled with one (1) year internet data subscription for underprivileged students in the State of Johor to facilitate home-based teaching and learning (PdPR) sessions.

Tan Sri Azman Hashim, Chairman, AmBank Group said “In response to the COVID-19 pandemic, we, at AmBank Group have reached out to provide financial and healthcare assistance for hospitals and those who were severely affected due to loss of jobs and reduced monthly disposable income. The closure of schools has also posed unprecedented challenges for teachers, students and even parents particularly when normal classrooms studies have all been conducted virtually at home.

Hence, we hope our contribution in collaboration with Yayasan Raja Sofiah Foundation Negeri Johor will be able to provide the much-needed digital access and invariably help minimise the students’ education disruption. In this regard, I would like to commend Her Majesty’s efforts in helping the underserved and bridge the gap caused by the pandemic,” Tan Sri Azman added.

“As a Johor Royal foundation chaired by Her Majesty Raja Zarith Sofiah binti Almarhum Sultan Idris Shah, Permaisuri Johor, we are committed to continuously assist students and their families because we firmly believe in every child’s right for education, especially during these challenging times, where having access to tools and technologies is essential to continue an educational journey. We would like to thank AmBank Group via its Foundation whom generously helped us achieve this goal in such a swift timeframe.” said Hishamuddin Abdul Rahim, Chief Executive Officer of YRZSNJ.

The tablets purchased were distributed to 55 needy students from 12 primary schools in Johor. This initiative is also in line with Financial Industry Collective Outreach (FINCO) Disaster Resilience Pillar whereby students and communities who receive timely and appropriate advice and support are more likely to improve resilience and develop the capacity for self-recovery.

Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group added, “We hope this contribution can benefit students from the B40 families to ease the online learning participation during the COVID-19 pandemic. This initiative aims to bridge the learning gap and alleviate home based virtual learning challenges for the lower income groups.”

As a responsible and caring Financial Institution, AmBank Group will continue to support FINCO in its collaborative initiative to provide underprivileged children and youth with the guidance and education tools they need to achieve their goals.

About AmBank Group

AmBank Group is a leading financial services group with over 40 years of expertise in supporting the economic development of Malaysia. We have over three million customers and employ over 9,000 people.

The Group was listed on the Main Market of Bursa Malaysia in 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of around RM9 billion and assets of RM170.2 billion as at 31 March 2021.

AmBank Group serves over three million individual and corporate customers. It provides services in wholesale banking, business banking, retail banking, investment banking and related financial services which include Islamic banking, general insurance, life insurance, family takaful, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.

About Yayasan Raja Zarith Sofiah Negeri Johor (YRZSNJ)

YRZSNJ is not-for-profit organization established since 2012 to generate funds toward supporting various educational and scholarly activities within Malaysia and abroad. The primary focus of YRZSNJ is to promote the pursuit of knowledge among Malaysians and producing global citizens who are able to meet current and future challenges facing the world, contributing to the betterment of humankind in significant ways.

For further information, please contact :
Hishamuddin Bin Abdul Rahim, Chief Executive Officer | +6012 783 3288

Source:AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Syed Anuar Syed Ali
Executive Vice President
Group Corporate Communications and Marketing
AmBank Group
Tel: 03-2036 1703
Email: sasa@ambankgroup.com

–BERNAMA