Sol-Gel to Present at Upcoming Healthcare Investor Conferences in June

NESS ZIONA, Israel, May 23, 2019 (GLOBE NEWSWIRE) — Sol–Gel Technologies, Ltd. (NASDAQ: SLGL) ("Sol–Gel" or the "Company"), a clinical–stage dermatology company focused on identifying, developing and commercializing branded and generic topical drug products for the treatment of skin diseases, today announced the company's participation in the following upcoming investor conferences taking place in June in New York.

Jefferies 2019 Healthcare Conference
Speaker: Dr. Alon Seri–Levy, Chief Executive Officer
Date: June 6, 2019
Time: 8:00 am Eastern Time
Location: New York, NY
Raymond James Life Science and MedTech Conference
Speaker: Dr. Alon Seri–Levy, Chief Executive Officer
Date: June 19, 2019
Time: 9:10 am Eastern Time
Location: Lotte New York Palace
JMP Life Science Conference
Speaker: Dr. Alon Seri–Levy, Chief Executive Officer
Date: June 19, 2019
Time: 11:00 am Eastern Time
Location: The St. Regis, New York
BMO Prescription for Success Healthcare Conference
Speaker: Mr. Gilad Mamlok, Chief Financial Officer
Date: June 25, 2019
Time: 2:00 pm Eastern Time
Location: Mandarin Oriental, New York

Live audio webcasts of all presentations will be available in the Investors/Events & Presentations section of the Sol–Gel Technologies website at http://ir.sol–gel.com/events–and–presentations. The webcast replay will also be available at the same link shortly after the conclusion of the event for 30 days.

About Sol–Gel Technologies

Sol–Gel is a clinical–stage dermatology company focused on identifying, developing and commercializing branded and generic topical drug products for the treatment of skin diseases. Sol–Gel's current product candidate pipeline consists of late–stage branded product candidates that leverage our proprietary, silica–based microencapsulation technology platform, and several generic product candidates across multiple indications. For additional information, please visit www.sol–gel.com.

For further information, please contact:
Sol–Gel Contact:
Gilad Mamlok
Chief Financial Officer
+972–8–9313433

Investor Contact:
Chiara Russo
Solebury Trout
+1–617–221–9197
crusso@soleburytrout.com

Source: Sol–Gel Technologies Ltd.

Women & Youth Remain Politically Underrepresented in Africa’s Most Populous Nation

Women queue during Nigeria’s presidential election at Capital School polling unit, in Yola. Credit: Reuters

By Ulrich Thum and Lena Noumi
ABUJA, Nigeria, May 23 2019 – Two months after the general elections in Nigeria, Africa’s most populous nation, things are back to normal. The incumbent President Muhammadu Buhari, a 76-year-old general and former military Head of State, clearly defeated his challengers.

With his All Progressives Congress (APC), he has been propagating the fight against rampant corruption, economic recovery and the restoration of security. Especially the North-Eastern part of the country has been terrorised by the Islamist insurgency group Boko Haram for over 10 years.

While his progress in economic recovery and restoration of security can at best be described as moderate, Buhari’s anti-corruption war is the subject of much contention. Some have trust in his efforts while others criticise his onslaught as one-sided and directed mostly at the opposition.

The main opposition party, the People’s Democratic Party (PDP), had put forward 72-year-old Atiku Abubakar, former Vice-President from 1999 to 2007, as their candidate. He’s a millionaire entrepreneur and now four-time presidential candidate who faced several allegations of corruption.

Even though the euphoria and hope that accompanied Buhari’s election in 2015 had long vanished, Atiku seemed for most to be no viable alternative to Buhari.

The opposition parties failed to come up with a joint candidate who could challenge the political establishment and bring fresh air into the country’s political scene. The tense security situation along with the postponed elections, which was announced only a few hours before, resulted in the lowest voter turnout since 1999 with only 35 per cent.

This suggests that a large portion of the population see little potential for positive change by casting their votes. Many others just sold their votes to at least reap some benefit.

Moreover, the two elderly men’s campaign was rather dispassionate and accompanied by frequent political manoeuvring and allegations against each other, rather than programmatic discussions.

In the aftermath of the election, disillusionment and frustration are widespread. The 2019 elections have shown that a real alternative to the established system of the ‘rule of old men’ has yet to emerge. Women and youths in particular, who make up the majority of the Nigerian population, are not adequately represented in the political system.

Nigeria at lowest rate of women representation

Women are gravely underrepresented in Nigerian politics. Currently, Nigeria has the lowest rate of female representation in parliaments across the continent. Globally, it ranks 181 out of 193 countries, according to the International Parliamentary Union.

Provisions to increase the percentage of women in elected and appointed positions to 35 per cent had no success. According to the Global Gender Gap Report, the gap between men and women in areas like economic participation, education and health, is not nearly as wide as in the realm of politics.

Women are deterred from entering politics by the patriarchal system, in which men are believed to be natural leaders of women, and a lack of transparency in the candidate selection process.

According to Independent National Electoral Commission (INEC), 47 per cent of registered voters and only 7 of the 71 presidential candidates for the 2019 elections were women. Nonetheless, there has never been a female president or state governor elected in Nigeria.

Women currently make up less than 6 per cent of the national parliament members. And it doesn’t look much better when looking at candidatures: of the candidates for the national and gubernatorial elections, women made up roughly one-in-eight. Why’s that?

Women are deterred from entering politics by the patriarchal system, in which men are believed to be natural leaders of women, and a lack of transparency in the candidate selection process. Cultural believes that women are supposed to be in charge of the family rather than being in politics and money politics support the existing system.

Moreover, the lack of a well organised grassroots women’s movement backing and supporting promising candidates results in poor political participation. Obiageli Ezekwesili, known through the successful #BringBackOurGirls campaign, bowed out to the final run-up for the presidential elections disillusioned.

‘We are waiting for the day the political class will now change and decide to be nice. They are never going to be nice, quote me. There is no incentive on the part of our political class to do things differently’.

Too young to run?

While registered youth voters (up to the age of 35) make up more than half of the voter population of 84 million, the young generation has no say in Nigerian politics. There might have been a sense of hope in 2018 within the circles of youth activists: as a result of the #NotTooYoungToRun campaign initiated by the Youth Initiative for Advocacy, Growth and Advancement (YIAGA), a law was passed that opened up the political space for increased youth participation. It reduced the age for presidential candidates from 40 to 35 and for House of Representatives candidates from 30 to 25 years.

Overall, there’s a positive trend in youth participation, as youth candidacy has increased from 21 per cent in 2015 to 34.2 per cent in the 2019 elections. However, the actual numbers of young women and men under the age of 35 voted into elected positions are more sobering. According to YIAGA, only twelve youth candidates under 35 managed to get elected into the House of Representatives, an increase by nine compared to 2015.

At least however, the discourse has shifted and the lack of representation is discussed publicly. For most Nigerian political parties, young people are at best seen as supporters, mobilisers or political foot soldiers.

They are hired to instigate violence, manipulate the elections and intimidate the opposing parties. Some of the smaller parties actively tried to promote women and youth participation through lowering the horrendous costs for the candidacy forms.

But for the major parties, only a few of the women and youth emerged from the primaries on state and federal political level.

The system remains the same

All in all, the Nigerian political system remains dominated by temporary political alliances of ‘old men’ and sustained by huge flows of money. Politics is a way of getting access to huge spoils of money. Political candidates have to invest heavily or are being invested in by others.

The aim is to get a return on that investment. Politicians, rather than considering themselves as representatives of the people, have obligations or intentions that are more monetary than anything else.

Women and youths do not feature well in this money game. Because their probability to win elections is more unlikely, they are not considered a secure investment.

Unfortunately, in the 2019 elections, political movements advocating for the participation of youth and women were unable to challenge the political structures of patriarchy supporting corruption and making Nigerian politics a dirty business.

Nonetheless, first important steps towards change have been made, even though they did not translate into votes yet to a significant degree.

At least however, the discourse has shifted and the lack of representation is discussed publicly. Nevertheless, it will be crucial to actually increase the representation of women and young people, without letting them become a part of the predominant system of money politics that currently exists.

Instead of seeing their future turn as a chance to get their own piece of the national pie, women and young people need to be ready and willing to be monitored and held accountable.

Accordingly, it’s important to nurture and select a future class of principled politicians, especially women and young people, who are ready to truly represent the Nigerian people.

YPO Global Pulse Survey Finds the Customer is Always Right

NEW YORK, May 23, 2019 (GLOBE NEWSWIRE) — YPO, the premier global leadership organization for more than 27,000 chief executives, conducted a survey of its members in over 130 countries to get their latest thoughts on innovation and its implications for the future of their businesses.

YPO's 2019 Global Pulse Innovation Survey, conducted between 29 April through 6 May 2019 with more than 1,600 chief executive respondents, confirmed that the majority of global business leaders (57 percent) feel an urgent need to innovate now. Where do they look to find inspiration to innovate? Their customers.

Nearly half of global business leaders cited customers as their top source of innovation inspiration (48 percent) with employees (36 percent) ranking second. Consultants (10 percent) and think tanks (7 percent) lag far behind in the minds of respondents. The importance of keeping this key constituency happy is a focal point with nearly one in five respondents citing customer experience as their primary business area most needing innovation now. This ranks ahead of products, data/business intelligence and technology.

According to additional YPO Global Pulse findings, location, geographic location, industry, company size and length of job tenure greatly inform business leaders' opinions and go–forward innovation action plans:

  • While the need to innovate is a top priority for global business leaders, only 4 in 10 strongly believe they have the appetite for experimentation.

    • While 57 percent of chief executives strongly believe there is an urgent need for their business to be innovative, more than one–third of this group (37 percent) however indicated they are not likely to invest in innovation over the next 12 months.
    • Industry plays a significant role in business leaders' attitudes toward risk in business with those executives in the IT & Software, Health Care and Advertising & Marketing industries embracing risk (more than 55 percent have an appetite for experimentation and risk) while leaders in the Distribution, Automotive and Apparel industries are more risk adverse (only 35 percent have an appetite for experimentation and risk).
  • Over the next 12 months, global business leaders who are extremely likely to invest will be doing so in products (45 percent), internal processes (44 percent) and technology (42 percent) to help them win customers.

    • Respondents in Africa (45 percent) cited their spending will be focused on product innovation.
    • Business leaders in Latin America (26 percent) and Asia (19 percent) are more likely to invest in business model innovation compared to their peers in the United States (16 percent) and Canada (13 percent).
    • U.S.–based business leaders (34 percent) are slightly more likely to invest in talent compared to all others (29 percent).
    • Leaders who have been at the helm three years or less are less likely to invest in talent (26 percent) compared to those who have been at the helm longer (32 percent).
    • Leaders of larger organizations (USD250 million+) indicate that innovation investment in the next 12 months will be targeted toward data/business intelligence (47 percent), while leaders of USD25–250 million businesses plan to invest in technology (42 percent). Leaders of smaller organizations (USD25 million or less) reported they will be focusing their spending in the next 12 months on product innovation (45 percent).
  • More leaders strongly agree that changing market conditions are redefining their business (36 percent) than technology (24 percent) and new competitors (20 percent).
    • U.K. respondents (43 percent) were much more likely than their European peers (31 percent) to strongly agree that changing market conditions are redefining their business.

    • Business leaders in Latin America (19 percent) and Asia (15 percent) are more concerned that technology changes are making their business model obsolete, especially when compared to their peers in Europe (9 percent) and the United States (7 percent).
    • Leaders of large organizations (USD250 million+) cited new competitors threatening their traditional business model as a strong concern, well more than chief executives of smaller businesses (27 percent for large companies compared to 19 percent for all others).
    • Chief executives who have been at the helm of their business one year or less believe their competitors are innovating faster than they are (18 percent), especially when compared to all executives (6 percent).
    • Regionally, chief executives in Middle East/North Africa (10 percent) and Asia (9 percent) are more likely to strongly believe their competitors are innovating faster compared to leaders across all regions (6 percent).

The YPO 2019 Global Pulse Innovation Survey follows on the heels of YPO Innovation Week. Occurring last week, YPO Innovation Week connected influential entrepreneurs, innovators and thought leaders to exchange ideas about inspiration, breakthroughs and transformation through signature and digital events around the world.

YPO 2019 Global Pulse Innovation Survey Methodology:

The YPO 2019 Global Pulse Innovation Survey of its members was conducted by YPO from 29 April "" 6 May via an online questionnaire with a representative probability sample of 1,661 YPO members. The sample included members in 105 countries and representing 34 industry sectors. The questionnaire was in English. The margin of sampling error is plus or minus 2.3 percentage points at the 95 percent confidence level.

About YPO:
YPO is the premier global leadership organization for more than 27,000 chief executives in over 130 countries and the global platform for them to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world's most influential and innovative business leaders to inspire business, personal, family and community impact. Today, YPO member–run companies, diversified among industries and types of businesses, employ more than 22 million people globally and generate USD9 trillion in annual revenues. For more information, visit ypo.org.

YPO Media Contacts:
Amy Reid, areid@ypo.org, +1 646 678 0575 (United States)
Natalie Naude, nnaude@ypo.org, +27 83 641 0429 (Africa/MENA)
Vickie Tikam, vtikam@ypo.org, +60 012 331 7411 (Asia)
Angela Mers, amers@ypo.org, +1 415 298 8534 (Canada)
Serena Marchionni, smarchionni@ypo.org, +34 699 903 472 (Europe)

Emergency Assembly on the Rise of Global Racism: Providing new impetus to the implementation of the Durban Declaration and Programme of Action

By Geneva Centre
GENEVA, May 23 2019 (IPS-Partners)

On 9 May 2019, the Geneva Centre for Human Rights Advancement and Global Dialogue, the World Against Racism Network and the Global Coalition for the International Decade for People of African Descent organized an Emergency Assembly on the Rise of Global Racism. It was held at the United Nations Office in Geneva in the presence of more than 150 representatives of Permanent Missions, UN staff, civil society and academics.

The aim of this Assembly was to invite the international community to take a joint stand against racism, racial discrimination and intolerance and to address the fundamental structural root causes of these scourges through a robust and universal implementation of the DDPA.

It served as a timely opportunity to give a new impetus to ongoing efforts to counter the rise of extremism and xenophobia in all its forms and manifestations, which is taking openly aggressive forms expressed through Islamophobia, Afrophobia, anti-Arabism and anti-Semitism. The recent spate of terrorist attacks of 15 March 2019 in Christchurch, New Zealand and of 21 April 2019 in Colombo, Sri Lanka as well as in California on 27 April 2019 are a reminder that the rise of hate and supremacist ideologies erupts into blind violence unexpectedly.

The Emergency Assembly was likewise held strategically in between two important events in Geneva that brought international human rights experts to the UN on the issue of racism.

In its 6-9 May session the Group of Independent Eminent Experts – composed of HE Hanna Suchocka Dr Edna Roland, Professor Ibrahim Agboola Gambari and Dr. Saied A. Ashshowwaf – discussed the continued relevance of the DDPA, commemorating its 20th anniversary and developing a multiyear outreach programme for DDPA information and public mobilisation.

In order to consult with the Independent Eminent Experts on the continued relevance of the DDPA, the co-organizers of the Emergency Assembly invited Dr Roland to offer her viewpoints on the imperative need for the full and effective implementation of the DDPA.

In her statement, Dr Roland observed that the Sustainable Development Goals (SDGs) do not mention the ethics and issues of racism which represent an impediment to development. Dr Roland suggested that national governments should include this in their national SDG implementation plans provisions concerning the implementation of the DDPA. She likewise stressed the need to develop a multi-year outreach programme to implement the DDPA including mobilizing NGOs and seeking new ideas to fight against xenophobia, racism and related intolerance.

The day after the Emergency Assembly, the Office of the High Commissioner for Human Rights (OHCHR) organized a consultation on People of African Descent through a meeting of the Permanent Forum on People of African Descent. This is an integral part of the full and effective implementation of the DDPA. The Forum was established by the UN General Assembly in resolution 69/16 of 1 December 2014 entitled “Programme of activities for the implementation of the International Decade for People of African Descent.”

At the Emergency Assembly, the co-organizers highlighted that the pursuit of the International Decade for People of African Descent and the establishment of the Permanent Forum on People of African Descent should not be seen as a substitute for the DDPA. These frameworks should instead complement existing mechanisms related to the implementation of the DDPA, its programme of activities and the Independent Eminent Experts’ recommendations to achieve full and effective equality.

In this connection, the Emergency Assembly underscored the importance of political will, unity of purpose and international cooperation in the pursuit of action-oriented recommendations to address all forms and manifestations of racism, racial discrimination and related intolerance through the implementation of the DDPA, whether the issue refers to Afrophobia, Arabophobia, Islamophobia or Anti-Semitism.