ELMCRx Solutions Partners with Peek for Enhanced PBM ServicesELMCRx Solutions, a key player in the pharmacy benefit management (PBM) industry, has recently forged a significant strategic partnership with Peek Healthcare Technologies Inc. This collaboration is set to transform the way patients and employers manage prescription costs. By integrating Peek’s innovative prescription marketplace, ELMCRx aims to provide clearer insights into various prescription costs, encompassing insuranc... Continue Reading
Amprius Expands Manufacturing Capacity to Meet Energy Demand
Amprius Technologies, Inc. (NYSE: AMPX), a leader in advanced lithium-ion batteries, has recently announced a pivotal expansion in their manufacturing capabilities. In response to the surging demand for their high-energy silicon anode batteries, Amprius has established new production lines with a capacity of up to 800 MWh specifically for its innovative SiCore™ pouch cells.
New Production Lines Enhance Supply Capaci... Continue Reading
Revlon Strengthens Its Financial Framework
Revlon Group Holdings LLC (“Revlon” or the “Company”) has recently announced a significant enhancement to its financial structure through a newly upsized credit facility. This move marks a pivotal step in the Company’s journey to bolster its operational efficiency and consumer outreach in the highly competitive beauty market.
Details of the New Credit Facility
The new five-year senior secured asset-based credit agreement was ... Continue Reading
LEO Pharma's Impressive Financial Results
In the latest nine months of operations, LEO Pharma has reported remarkable revenue growth of 11% based on constant exchange rates (CER). This robust performance is underscored by a 13% increase in the dermatology portfolio. Key milestones have been achieved globally, including the European Commission’s approval of Anzupgo® (delgocitinib) cream for adults facing moderate to severe chronic hand eczema (CHE), and the submission of a New Drug Ap... Continue Reading
Wendy Reynolds-Dobbs Celebrated as an Automotive Diversity Champion
Asbury Automotive Group, Inc. (NYSE: ABG), a leading name in the automotive retail sector, proudly announces that Wendy Reynolds-Dobbs, the Vice President and Chief Diversity, Equity, and Inclusion (DEI) Officer, has been recognized as a 2024 Automotive News Champion of Diversity. This accolade celebrates individuals who significantly contribute to promoting diversity and inclusion within the automotive industry.... Continue Reading
FiscalNote Completes Divestiture of Aicel Technologies
FiscalNote Holdings, Inc. (NYSE: NOTE) has recently announced an important strategic decision to sell its South Korean subsidiary, Aicel Technologies, Inc. for a total consideration of $9.65 million. This move reflects FiscalNote’s ongoing commitment to streamline operations and focus on its core business areas.
Details of the Transaction
The transaction outlines that the total consideration for Aicel comprises $8... Continue Reading
Stewart Koesten's Shift to Global Financial PlanningStewart S. Koesten, M.S.F.S., CFP®, CIMA®, Cert(IM), Global Financial Planning Fellow, Chairman, and Senior Wealth Manager at Aspyre Wealth Partners, is changing gears to emphasize Global Financial Planning. His focus is a response to the increasing trend of American citizens exploring international living arrangements.The Rising Quest for Dual CitizenshipIn recent years, it has become apparent that affluent families... Continue Reading
ID5's Insights on the Future of Digital Identity
In a rapidly evolving digital landscape, ID5, a leading identity provider for digital advertising, has released its highly anticipated 2024 State of Digital Identity Report. This document sheds light on the current state of the advertising industry, particularly in response to recent shifts in cookie policies by major tech players.
Understanding the Shift from Cookies
This year's report dives deep into ... Continue Reading
AM Best Concludes an Insightful Series on Insurance Tech
In an exciting conclusion to AM Best's four-part cross-media series titled "Pushing Back the Risk Frontier: How Insurers Are Co-Opting the Insurtech Playbook," industry expert Arun Balakrishnan, who serves as the chairman and chief executive officer at Xceedance, sheds light on the transformative journey within the insurtech space. This final segment offers captivating insights that explore how insurers are innovating to remain... Continue Reading
Overview of South Korea's RegTech Market
The RegTech market in South Korea is on an impressive growth trajectory, expected to rise substantially over the coming years. As organizations navigate an increasingly complex regulatory environment, demand for regulatory technology solutions is becoming crucial. The market is anticipated to achieve a remarkable compound annual growth rate (CAGR) of 15.4%, reaching approximately US$205.32 million in 2024 and growing to an estimated US$420.59 ... Continue Reading