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Nyxoah Reports Third Quarter 2022 Financial and Operating Results

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Nyxoah Reports Third Quarter 2022 Financial and Operating Results

DREAM US pivotal 12–month clinical data expected in fall of 2023

Mont–Saint–Guibert, Belgium "" November 8, 2022, 10:05pm CET / 4:05pm ET "" Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) ("Nyxoah" or the "Company"), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today reported financial and operating results for the quarter ended September 30, 2022.

Third Quarter 2022 Financial and Operating Highlights

  • Completed 110 of 115 implants in the DREAM U.S. pivotal trial to date, with 12–month clinical data expected in the fall of 2023 and regulatory approval in the second quarter of 2024
  • Activated the first clinical sites in the ACCCESS U.S. pivotal trial to treat complete concentric collapse (CCC) patients in the U.S., with first implants expected in the fourth quarter of 2022
  • Reported revenue of 182,000 from the commercialization of Genio ; sales during the third quarter were impacted by a temporary inventory shortage in Germany due to a disruption at a component supplier, resulting in unfulfilled third quarter orders of approximately 700,000 in Germany; this supply disruption has subsequently been remedied and the vast majority of the open orders have since been filled
  • Ended the third quarter with 32 active sites in Germany, up from 26 sites at the end of the second quarter 2022; expects to have up to 40 active sites by the end of 2022
  • Launched the "Care4" program, using the AcuPebble home sleep test at selected centers of excellence in Germany to accelerate the time from CPAP failure to our Genio solution
  • Received CE Mark for the next–generation Genio system, Genio 2.1

"With 110 implants in the DREAM trial, we believe we are within weeks of completion of the implants, keeping us on track for 12–month data next fall," commented Olivier Taelman, Nyxoah's Chief Executive Officer. "Additionally, ACCCESS, our second US pivotal trial is launched, and first patients are expected to be implanted before year end. This trial is focused on addressing the unmet need of approximately 30% of OSA patients contra–indicated in the U.S. to hypoglossal nerve stimulation due to their complete concentric collapse."

Mr. Taelman continued, "Commercially in Germany, where we have both CCC and non–CCC indications already, we continue to build on our momentum, as patients and clinicians increasingly recognize the unique benefits of the Genio solution. While third quarter sales reflected a temporary supply disruption, the fourth quarter is off to a strong start, as we are filling both open orders from the third quarter and new ones. This gives us confidence that we can be the German market leader exiting 2022."

Third Quarter 2022 Results

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION "" INTERIM CONSOLIDATED STATEMENTS OF LOSS AND OTHER COMPREHENSIVE LOSS"FOR THE THREE MONTHS AND NINE MONTHS ENDED SEPTEMBER 30,"2022"(in thousands)

For the three months ended September 30 For the nine months ended September 30
2022 2021 2022 2021
Revenue 182 203 1 777 557
Cost of goods sold ( 63) ( 82) ( 685) ( 198)
Gross profit 119 121 1 092 359
Research and Development Expense (4 221) (3 517) (11 286) (9 009)
Selling, General and Administrative Expense (4 763) (4 496) (13 492) (10 775)
Other income/(expense) 87 ( 178) 237 ( 274)
Operating loss for the period (8 778) (8 070) (23 449) (19 699)
Financial income 5 127 29 11 372 72
Financial expense (2 524) ( 585) (5 473) (1 484)
Loss for the period before taxes (6 175) (8 626) (17 550) (21 111)
Income taxes ( 65) ( 136) ( 379) ( 260)
Loss for the period (6 240) (8 762) (17 929) (21 371)
Loss attributable to equity holders (6 240) (8 762) (17 929) (21 371)
Other comprehensive loss
Items that may be subsequently reclassified to profit or loss (net of tax)
Currency translation differences 100 ( 54) ( 14) 138
Total comprehensive loss for the year, net of tax (6 140) (8 816) (17 943) (21 233)
Loss attributable to equity holders (6 140) (8 816) (17 943) (21 233)
Basic Loss Per Share (in EUR) (0.242) (0.348) (0.695) (0.923)
Diluted Loss Per Share (in EUR) (0.242) (0.348) (0.695) (0.923)

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION "" INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT SEPTEMBER 30, 2022 (in thousands)

As at
September 30, 2022 December 31, 2021
ASSETS
Non–current assets
Property, plant and equipment 2 216 2 020
Intangible assets 36 488 25 322
Right of use assets 3 413 3 218
Deferred tax asset 2 423 46
Other long–term receivables 188 164
44 728 30 770
Current assets
Inventory 594 346
Trade receivables 757 226
Other receivables 2 022 2 286
Other current assets 587 1 693
Financial assets 25 505 '
Cash and cash equivalents 89 877 135 509
119 342 140 060
Total assets 164 070 170 830

EQUITY AND LIABILITIES
Capital and reserves
Capital 4 440 4 427
Share premium 228 275 228 033
Share based payment reserve 5 225 3 127
Other comprehensive income 188 202
Retained loss (105 058) (87 167)
Total equity attributable to shareholders 133 070 148 622
LIABILITIES
Non–current liabilities
Financial debt 8 035 7 802
Lease liability 2 831 2 737
Pension liability 80 80
Provisions 47 12
Deferred tax liability ' 5
10 993 10 636
Current liabilities
Financial debt 656 554
Lease liability 722 582
Trade payables 5 346 3 995
Current tax liability 5 391 2 808
Other payables 7 892 3 633
20 007 11 572
Total liabilities 31 000 22 208
Total equity and liabilities 164 070 170 830

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION – INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS AS AT SEPTEMBER 30, 2022 (in thousands)

For the nine months ended September 30
2022 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Loss before tax for the year (17 550) (21 111)
Adjustments for
Finance income (11 372) ( 72)
Finance expenses 5 473 1 484
Depreciation and impairment of property, plant and equipment and right–of–use assets 832 558
Amortization of intangible assets 607 653
Share–based payment transaction expense 2 136 784
Increase/(Decrease) in provisions 36 4
Other non–cash items ( 353) 247
Cash generated before changes in working capital (20 191) (17 453)
Changes in working capital
Decrease/(Increase) in inventory ( 248) ( 33)
(Increase)/Decrease in trade and other receivables 1 100 (2 876)
Increase/(Decrease) in trade and other payables 1 265 2 563
Cash generated from changes in operations (18 074) (17 799)
Income tax paid ( 314) ( 205)
Net cash used in operating activities (18 388) (18 004)

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment ( 484) (1 257)
Capitalization of intangible assets (11 774) (7 219)
Purchase of financial assets – current (44 032) '
Proceeds from sale of financial assets – current 24 582 '
Interest income on financial assets 63 '
Net cash used in investing activities (31 645) (8 476)
CASH FLOWS FROM FINANCING ACTIVITIES
Payment of principal portion of lease liabilities ( 497) ( 358)
Repayment of other loan ( 62) ( 63)
Interests paid ( 185) ( 324)
Repayment of recoverable cash advance ( 220) ( 280)
Proceeds from issuance of shares, net of transaction costs 255 76 070
Other financial costs ( 55) ( 7)
Net cash used in financing activities ( 764) 75 038
Movement in cash and cash equivalents (50 797) 48 558
Effect of exchange rates on cash and cash equivalents 5 165 56
Cash and cash equivalents at January 1 135 509 92 300
Cash and cash equivalents at September 30 89 877 140 914

Revenue

Revenue was 182,000 for the third quarter of 2022, compared to 203,000 for the prior year period. The decrease in revenue was attributable to the temporary supply disruption that caused a delay in order fulfillment.

Cost of Goods Sold

Cost of goods sold was 63,000 for the three months ending September 30, 2022, representing a gross profit of 119,000, or gross margin of 65.3%. This compares to total costs of goods sold of 82,000 in the third quarter of 2021, for a gross profit of 121,000, or gross margin of 59.6%.

Research and Development Expenses

Research and development expenses were 4.2 million for the three months ending September 30, 2022, versus 3.5 million for the prior year period, reflecting the Company's investments in the development of next generation versions of the Genio system as well as ongoing clinical studies, most notably DREAM in the U.S.

Selling, General and Administrative Expenses

General and administrative expenses rose to 4.8 million for the third quarter of 2022, up from 4.5 million in the third quarter of 2021. This was due primarily to increased commercial efforts in Germany and other European markets, as well as investments in Nyxoah's corporate infrastructure. The Company expects to continue adding headcount across the organization ahead of U.S. commercial launch.

Operating Loss

Total operating loss for the third quarter of 2022 was 8.8 million versus 8.1 million in the third quarter of 2021. This was driven by the delay of third quarter revenue due to the temporary supply disruption, the acceleration in the Company's R&D spending, and ongoing commercial and clinical activities. Nyxoah realized a net loss of 6.2 million for the third quarter of 2022, compared to a net loss of 8.8 million for the third quarter.

Cash Position

As of September 30, 2022, cash and financial assets totaled 115.4 million, compared to 135.5 million on December 31, 2021. Total cash burn was approximately 3.0 million per month during the third quarter of 2022, and is expected to increase going forward to account for the ACCCESS IDE trial in the U.S.

Third Quarter 2022 Report

Nyxoah's financial report for the third quarter of 2022, including details of the unaudited consolidated results, are available on the investor page of Nyxoah's website (https://investors.nyxoah.com/financials).

Conference call and webcast presentation
Nyxoah will conduct a conference call to open to the public today at 10:30 p.m. CET / 4:30 p.m. ET, which will also be webcast. To participate in the conference call, please access the following link to register for a dial–in number:

https://register.vevent.com/register/BI0d7e0daed6e34e548b85e51146400c1a

A question–and–answer session will follow the presentation of the results. To access the live webcast, go to https://investors.nyxoah.com/events. The archived webcast will be available for replay shortly after the close of the call.

About Nyxoah
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah's lead solution is the Genio system, a patient–centered, leadless and battery–free hypoglossal neurostimulation therapy for OSA, the world's most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

Following the successful completion of the BLAST OSA study, the Genio system received its European CE Mark in 2019. Nyxoah completed two successful IPOs: on Euronext Brussels in September 2020 and NASDAQ in July 2021. Following the positive outcomes of the BETTER SLEEP study, Nyxoah received CE mark approval for the expansion of its therapeutic indications to Complete Concentric Collapse (CCC) patients, currently contraindicated in competitors' therapy. Additionally, the Company is currently conducting the DREAM IDE pivotal study for FDA and US commercialization approval.

For more information, please visit http://www.nyxoah.com/.

Caution "" CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Forward–looking statements
Certain statements, beliefs and opinions in this press release are forward–looking, which reflect the Company's or, as appropriate, the Company directors' or managements' current expectations regarding the Genio system; future financial performance and market position; planned and ongoing clinical studies of the Genio system; the potential advantages of the Genio system; Nyxoah's goals with respect to the development, regulatory pathway and potential use of the Genio system; the utility of clinical data in potentially obtaining FDA approval of the Genio system; and the Company's results of operations, financial condition, liquidity, performance, prospects, growth and strategies. By their nature, forward–looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward–looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the "Risk Factors" section of the Company's Annual Report on Form 20–F for the year ended December 31, 2021, filed with the Securities and Exchange Commission ("SEC") on March 24, 2022, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward–looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward–looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward–looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward–looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward–looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward–looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward–looking statements, which speak only as of the date of this press release.

Contacts:
Nyxoah
Loic Moreau, Chief Financial Officer
corporate@nyxoah.com
+32 473 33 19 80

Jeremy Feffer, VP IR and Corporate Communications
jeremy.feffer@nyxoah.com
+1 917 749 1494

Attachment


GLOBENEWSWIRE (Distribution ID 1000755751)

CryptoDATA Tech becomes RNF MotoGP Team majority and strategic shareholder

BUCHAREST, Romania, Nov. 08, 2022 (GLOBE NEWSWIRE) — CryptoDATA Tech, a blockchain–applied technologies pioneer and developer of hardware and software cybersecurity solutions, is pleased to announce the acquisition of a majority stake in RNF Racing Ltd. This strategic investment marks a significant milestone and a beginning of a new era for the fifteen months old RNF MotoGP team and the Romanian holding.

After previously announcing the cybersecurity company as the Official Premium Partner for the final three races of the season, CryptoDATA's became a partner who shared the same passion, values and recognised the potential value of a MotoGP team in the long term.

With CryptoDATA as the majority shareholder, the vision and strategy is to go beyond racing and expand the business and services into motorsports mainly in MotoGP and taking the role of the business and branding aspects of the team. RNF MotoGP Team will continue participating as an Independent Team in the premier class of the FIM MotoGP World Championship with Team Principal Razlan Razali remaining at the helm focusing on the sporting and technicality side of the team.

In conjunction with the final race of the season and to mark the start of this historical milestone, RNF MotoGP Team and CryptoDATA will be unveiling a special livery design on race day at the Valencia Grand Prix.

Razlan Razali, Founder and Team Principal, RNF Racing Ltd,
“Today marks a historical milestone for the team. I'd like to thank CryptoDATA for putting their trust in me and the team for the future.”

“In a short period of time, discussions have evolved into a long term commitment. We have extended our partnership, and as I previously stated, this is a fantastic collaboration. The union of the two companies will drive the team to not just perform in racing, but also to grow the business aspects of the team, and this is where both parties join forces to share expertise and experience. My main focus is to ensure the team fights for the championship while CryptoDATA's team consisting of young, smart, innovative, and ambitious individuals will develop strategies to strengthen our position off track.”

“With the experience from our previous successes, the same strong and passionate crew from our MotoGP garage, and a solid rider line–up, we are set for a competitive comeback with CryptoDATA for the next season.”

Ovidiu TOMA, Chief Executive Officer and Founder, CryptoDATA Tech,
"We are delighted to extend our partnership and become the majority shareholder of the RNF MotoGP Team. The MotoGP World Championship is an exclusive and international showcase, a special universe where the starting grid is a stage for heroes in which CryptoDATA has found its space by sharing its values and objectives. We became the first Romanian company to Title Sponsor a Moto Grand Prix at the Red Bull track this year, and we are now more excited and motivated than ever to become the majority shareholder in the RNF Team. This represents not only a historical milestone for CryptoDATA, but also a new beginning and a significant incentive.

"We look to 2023 with optimism and confidence as our team is led by trained, serious, and experienced managers. We will do our best to support the team to achieve their goals and to reach their highest potential in MotoGP."

Bogdan Mruni, Global Strategy and Founder, CryptoDATA Tech,
"We are glad to announce our partnership with the RNF team, and we are confident that we can help the team set strategic goals for the upcoming season and long–term performance goals both on and off–track. We want to start the team's transformation into a successful business that will provide unique experiences to our fans and partners while promoting our brand values in the top series of global racing."

"As CryptoDATA representatives, we will be in charge of the business's strategic management and will work to provide stability and further strengthen the team's position in the MotoGP world and in the business world."

Carmelo Ezpeleta, Chief Executive Officer, Dorna Sports S.L,
"The agreement that Razlan Razali has reached with CryptoDATA allows him to maintain the viability and presence of his project in MotoGP. We are delighted to see a new sponsor supporting a team, especially one that Dorna brought to the championship. We were happy with the relationship with CryptoDATA at the Austrian Grand Prix, they have the idea to develop and the idea to put things together with Aprilia next year which is the stability needed for MotoGP, it's a very warm welcome for CryptoDATA to MotoGP. The fact that they are not just limiting their participation in the sponsorship area but in an entire team shows the importance of Motorsport and of MotoGP in particular. We know that Razlan had many requests, and we believe he has chosen the best option for the future and to consolidate his structure."

About RNF MotoGP Team

A new beginning, a collaboration that goes beyond racing. The RNF MotoGP Team will debut in the premier class of the 2023 FIM MotoGP World Championship grid as the first–ever satellite team for Aprilia showcasing Portuguese MotoGP rider and 5–times race winner Miguel Oliveira with promising Spanish youngster and 2021 Moto2 Vice World Champion, Raul Fernandez.

The addition of CryptoDATA to the RNF MotoGP Team brings sustainability on and off track, as it sets the tone for further developing and improving performance in the upcoming season. The team will collaborate on two missions for the team with CryptoDATA spearheading the business side while RNF MotoGP Team focuses on the sports itself.

Our shared passion for performance, innovations and technology will bring a fresh and unique value to the world of motorsports.

About CryptoDATA Tech

CryptoDATA Tech is a global ambassador for promoting the importance of data security and digital privacy worldwide. The company has pioneered the development of services and products based on blockchain technology that enables private and secure communication, satisfying the requirements of its collaborators as well as tech users worldwide. Wispr, one of its major products, is an online messaging app that allows motorsport fans to exchange messages without constraints from anywhere in the world, thereby fueling the passion and determination of the motorsport community.

Contact details:
Cosmin Bidileci
Email: cosmin.bidileci@cryptodata.com
Phone: +40750803241

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2edbe83b–3def–4c0b–9b14–5bc24d38858e


GLOBENEWSWIRE (Distribution ID 1000755737)

Zoomtopia 2022: New Innovations to Power Modern Work Experiences

  • Zoom Email and Calendar (beta) integrated into comprehensive Zoom communications platform
  • Zoom Spots will provide persistent, virtual co–working spaces to drive employee connection and collaboration
  • New innovations also include conversational AI features in Contact Center, additional benefits for developers, and more
  • Zoomtopia offered for the first time as hybrid experience powered by Zoom Events

SAN JOSE, Calif., Nov. 08, 2022 (GLOBE NEWSWIRE) — Today Zoom Video Communications, Inc. (NASDAQ: ZM) kicked off Zoomtopia 2022, the company's annual event to unveil new innovations to power modern work experiences and celebrate the future of communication and collaboration. For the first time ever, Zoomtopia 2022 is a hybrid experience powered by Zoom Events, Zoom's all–in–one, virtual event management solution.

"As global organizations are adapting to how, when, and where work happens, it's crucial that human connection remains a top priority to drive business strategies forward," said Eric S. Yuan, CEO at Zoom. "Zoom is purpose–built to make all kinds of connections possible, effective, and meaningful. Our team has built and launched more than 1,500 features and enhancements on the Zoom platform this year, advancing the way people connect with each other, their organization, and their customers""ultimately, opening the doors wide for creativity and collaboration."

"There has never been more uncertainty surrounding the future of work than there is today. Work from anywhere, hybrid offices and other trends have created a complex set of questions that business and IT leaders need to address. Whatever the outcome, one thing is certain and that is collaboration tools will be critical in keeping workers connected," said Zeus Kerravala, principal analyst at ZK Research. "Zoom has rapidly evolved from being a niche meetings company to a broad collaboration platform that delivers unparalleled employee and customer experience, and helps organizations address the current and future needs of work."

"Our team connects and collaborates on Zoom, allowing us to seamlessly work together no matter where we are located""so that we can continue delivering world–class content from our iconic brands like HBO, Warner Bros., CNN, and Food Network and beloved characters like Batman, Superman, Looney Tunes, and Harry Potter," said Dave Duvall, CIO – Technology & Operations, Warner Bros. Discovery. "We've been able to evolve with Zoom, particularly beyond meetings, with products like Zoom Phone, Zoom Rooms, and Zoom Team Chat. The whole platform has really expanded our capabilities to collaborate and stay connected within the organization."

Zoom Platform Innovations Announced at Zoomtopia
To further advance the next era of communications, Zoom unveiled several new offerings to empower businesses and individuals alike.

Some of the latest announcements include:

  • Zoom Mail and Calendar (beta): With the Zoom Mail and Calendar Clients, users no longer need to leave the Zoom platform to access their email and calendar. Popular email and calendar services will be integrated directly into Zoom, meaning users can quickly access their communications and scheduling, and get their work done more efficiently. For businesses who may not have dedicated IT services but are focused on privacy and security, Zoom also rolled out Zoom–hosted email and calendar service options, also directly integrated with the Zoom platform. Zoom Mail Service is end–to–end encrypted for emails sent directly between active Zoom Mail Service users. Zoom Mail and Calendar Clients and Zoom Mail and Calendar Services will launch in beta.
  • Zoom Spots: Welcome to Zoom's virtual co–working space! Coming in early 2023, Zoom Spots is a video–enabled persistent space, integrated within the Zoom platform, to help foster inclusive discussions, keep colleagues connected, and bring the fluid interactions of in–person work to distributed, hybrid teams throughout their day.
  • Zoom Virtual Agent: Zoom Virtual Agent is an intelligent conversational AI and chatbot solution that uses natural language processing and machine learning to understand and quickly resolve issues for customers. Zoom Virtual Agent works around–the–clock on multiple support channels to deliver fast, personalized customer experiences, reduce call volumes to human agents, and drive significant operational efficiencies for businesses. Zoom Virtual Agent, available in early 2023, can be fully integrated with Zoom Contact Center and will also be offered as a standalone chatbot solution.
  • Continuous Collaboration across Zoom One: Connected workstreams across Zoom One, the all–in–one communication and collaboration offering that brings together Team Chat, Phone, Whiteboard, Meetings, and more, are enabling individuals and teams to do their best work. Among these new capabilities is the integration between Team Chat and In–Meeting Chat, creating an always–on functionality so users can flow between Team Chat and Meetings to reduce silos, keep projects moving, and continue the conversation after meetings.
  • Zoom IQ Virtual Coach: Coming soon as part of Zoom IQ for Sales, Zoom IQ Virtual Coach simulates a variety of selling situations to give sellers a practice environment to hone their pitch, obtain feedback, and receive real–time content tips during calls with prospects.

Learn more about these innovations and other new hybrid work features.

Build to Connect and Extend the Value of Zoom
Developers have the ability to use Zoom APIs, SDKs, and tools and resources to build apps and integrations with Zoom or use Zoom's core technology to power innovative video–based solutions for any use case.

Developers can do more on Zoom with:

  • Zoom Developer Platform enhancements: It will soon be easier for developers to provision and manage apps that work with Zoom by enabling admin–authorized installed apps. This will allow Zoom account admins to pre–install apps for an organization at the account, group, or user level. Additionally, developers will soon be able to monetize their apps on the Zoom App Marketplace.
  • Extended availability with Zoom Apps: Zoom Apps, in–product apps seamlessly integrated into the Zoom Meeting and Webinar experience, is expanding across the platform to Team Chat, Zoom Rooms, and more, so developers can plug apps into all their workflows. Now, developers can build their integration once and extend it across the entire Zoom product line. Additionally, developers will benefit from increased distribution of their Zoom Apps with the upcoming release of Essential Apps. Essential Apps bundle Zoom Meetings paid plans and Zoom Apps with select app developers, servicing the needs of managing and growing a business, while helping to minimize manual drudgery.

Hear more about how developers can extend the power of Zoom with new updates to the Zoom Developer Platform and Zoom Apps at Developer Summit at Zoomtopia.

Tune In LIVE
Zoomtopia is a two–day hybrid experience hosted on the Zoom Events platform, featuring thought–provoking speakers, business leaders and celebrity appearances, and includes many opportunities to network, collaborate, and learn. Tune in live to catch all the exciting content.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Zoom Public Relations
Candace Dean
Corporate PR Lead
press@zoom.us


GLOBENEWSWIRE (Distribution ID 8692032)

The Carnrite Group Joins Alvarez & Marsal

HOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) — Leading global professional services firm Alvarez & Marsal (A&M), has announced it is integrating successful energy consultancy, The Carnrite Group, into its energy practice. The move, which includes the addition of 20+ new employees to A&M's U.S. Energy Practice, bolsters the firm's proven track record for maximizing enterprise value for corporate and private equity clients in the industry.

"A&M has worked adjacent to The Carnrite Group teams over the last 17 years while serving energy industry clients, and we deeply admire their capabilities and the value they've created for the companies we serve," said Lee Maginniss, lead for A&M's U.S. Energy Practice. "Together, we will bring increased leverage and expertise to help our energy clients navigate the uncertainty and massive change inherent to today's market."

The Carnrite Group is a management consultancy focused on energy, industrial and private equity sectors. Since 1991, The Carnrite Group has helped clients achieve financial and operational performance goals, build successful organizations and create sustainable, resilient businesses. Alan ("Al") Carnrite, The Carnrite Group's Founder and CEO, and Nicholas ("Nick") Carnrite join A&M as Managing Directors. Their experience builds upon A&M's existing transformation, performance improvement, buy– and sell–side transaction, and turnaround and liquidity management capabilities.

Al Carnrite brings over forty years of industry and consulting experience as a trusted advisor to executive leadership across the energy, industrial and private equity sectors. Nick Carnrite specializes in corporate strategy, business transformation, and sustainability strategy, and has worked extensively across North America, Europe and the Middle East since joining The Carnrite Group in 2011. Al and Nick are joined by an experienced team of professionals, including Geoff Angulo, Gillian Tilbury, Nolan King, Chris Chia, Steve Cobb, and Kyle Vano, who are joining A&M as Senior Directors.

"We are excited to join a firm with A&M's credibility and reputation for delivering real results to clients across the Energy ecosystem," said Al Carnrite. "A large part of our success to date has been an unwavering belief that deep, hands–on experience in these sectors is critical to driving sustained value for our clients. A&M shares in this belief and brings a similar model to market."

Mr. Maginniss added, "Energy Transition, digitalization, geopolitical and social pressures "" as enormous as the complexity is, so too is the opportunity to drive value. Together we will help our clients deliver the financial results and the breakthrough growth they seek."

The Carnrite Group's Europe and Middle East businesses will continue to operate under The Carnrite Group brand during the initial integration period, while collaborating extensively with A&M. Carnrite Ventures will continue to operate as a standalone business.

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 7,000 people across five continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M's restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world–class consultants, former regulators, and industry authorities with a shared commitment to telling clients what's really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.

CONTACT: Sandra Sokoloff, Senior Director of Global Public Relations, Alvarez & Marsal,
+1 212– 763–9853 (ssokoloff@alvarezandmarsal.com)


GLOBENEWSWIRE (Distribution ID 8692048)

ibex Wins Top Awards at Pakistan Software Houses Association ICT Awards 2022

WASHINGTON, Nov. 08, 2022 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced that ibex Pakistan won three major awards, including gold for The Best BPO and Gender Diversity and Inclusivity and silver for Top Exporter Services, at the Pakistan Software Houses Association (P@SHA) ICT Awards 2022.

"We are honored and proud to be recognized as the top BPO and for our outstanding and inclusive culture at ibex," said ibex Chief Executive Officer Bob Dechant. "Innovation is in our DNA, and we continue to invest in developing next–generation technology to ensure the best service and value for our clients. Our employee experience is second to none in Pakistan, and around the world. Combining our award–winner technology with the best employee experience enables ibex to deliver amazing customer experiences for many of the world's top brands."

ibex Pakistan is an excellent example of ibex's diverse and inclusive culture. Over the past two years, the number of female employees in ibex Pakistan has doubled, from less than 1,000 to more than 2,000 today. In addition, the Women of ibex, an ERG with the mission to increase opportunities and impact for women throughout the company, provides a forum for advice, resources and support from other women. These examples are aligned with ibex's strategy to build the most inclusive and diverse workforce in the BPO industry.

"I am proud to call ibex a disrupter, not only in terms of pioneering new CX technology but also in shattering long–standing barriers to diversity and inclusion," Dechant added. "ibex is dedicated to accelerating the IT–BPO industry and achieving new heights for our employees and our clients."

About ibex
ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end–to–end customer engagement solutions to help companies acquire, engage, and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of 34 operations facilities around the world, while deploying next–generation technology to drive superior customer experiences for many of the world's leading companies across retail, e–commerce, healthtech, fintech, utilities and logistics.

ibex leverages its diverse global team of over 30,000 employees together with industry–leading technology, including its Wave X platform, to manage nearly 200 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.

ibex Media Contact:
Dan Burris
ibex
daniel.burris@ibex.co

ibex Investor Contact:
Michael Darwal
ibex
Michael.Darwal@ibex.co

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/31da9190–1fce–4695–8e87–23b9ec9c501e


GLOBENEWSWIRE (Distribution ID 8691422)

Insilico Medicine Signs Strategic Research Collaboration with Sanofi worth up to $1.2 Billion

Abu Dhabi, Nov. 08, 2022 (GLOBE NEWSWIRE) — Insilico Medicine, a clinical stage artificial intelligence (AI)–driven drug discovery company, announced a multi–year, multi–target strategic research collaboration with Sanofi. Under the terms of the agreement, the collaboration will leverage Insilico Medicine's AI platform, Pharma.AI, to advance drug development candidates for up to six new targets.

"We look forward to working with Insilico Medicine, a demonstrated leader in AI–powered drug discovery," said Changchun Xiao, Head of China Research at Sanofi. "This collaboration will leverage our complementary capabilities, as well as the co–location of our scientific teams, to boost the drug discovery efforts of the Sanofi Institute for Biomedical Research (SIBR), Sanofi's R&D center in China."

Under the terms of the agreement, Sanofi will pay Insilico Medicine a total of up to $21.5 million covering the upfront and target nomination fees to benefit from Insilico's end–to–end Pharma.AI platform and gain access to a team of interdisciplinary drug discovery scientists to identify, synthesize, and advance high–quality lead therapeutic compounds up to development candidate stage. Additional payments will be made if key research, development, and sales milestones are met, and could total up to $1.2 billion. The collaboration also establishes mid–single to up to low double–digit tiered royalties for any products developed.

"We are very happy to collaborate with Sanofi, a company with a clear strategy in AI–powered drug discovery," said Alex Zhavoronkov, PhD, CEO and founder of Insilico Medicine. "This close collaboration will allow Sanofi to immediately gain the capabilities of one of the top AI startups in addition to enriching their drug discovery pipeline.”

"We are thrilled to collaborate with Sanofi. Leveraging Sanofi's strong drug research and development expertise and Insilico's powerful AI platform, we believe we can accelerate novel therapeutics discovery to address diseases with unmet medical needs," said Feng Ren, PhD, co–CEO and Chief Scientific Officer of Insilico Medicine. "Together we will use cutting–edge AI technologies to make significant breakthroughs in drug R&D."

About Insilico Medicine

Insilico Medicine, a clinical stage end–to–end artificial intelligence (AI)–driven drug discovery company, is connecting biology, chemistry, and clinical trials analysis using next–generation AI systems. The company has developed AI platforms that utilize deep generative models, reinforcement learning, transformers, and other modern machine learning techniques to discover novel targets and to design novel molecular structures with desired properties. Insilico Medicine is delivering breakthrough solutions to discover and develop innovative drugs for cancer, fibrosis, immunity, central nervous system (CNS) diseases and aging–related diseases.

For more information, visit www.insilico.com

For media inquiries, contact media@insilicomedicine.com

Attachment


GLOBENEWSWIRE (Distribution ID 8691820)

Just In Time For The Holidays Crurated Announces More Fractional Barrel Auctions Backed by NFT Technology With Winemakers Across France and Italy

LONDON, Nov. 08, 2022 (GLOBE NEWSWIRE) — With the holiday and gift giving season right around the corner, Crurated, a blockchain and member–based wine community, has released a new barrel auction calendar for the remainder of 2022. The offering features some of the finest winemakers from France and Italy and extends the fractional barrel sales after a successful first round of auctions. The recently announced program allows Crurated members to purchase fractions of barrels that are certified through blockchain and NFT technology.

The offering also gives buyers the ability to customize bottle formats and labels for the gift recipient or themselves. Many of the producers on the platform rarely or never make larger format bottles even though collectors and buyers often ask for them. Fractional barrels now allow producers to determine the exact number and sizes of bottles that are needed. In many cases, the only way to have larger formats for the wines being auctioned is exclusively through Crurated.

The next round of fractional barrel auctions include:

  • Domaine Gerorges Mugneret–Gibourg "" November 7–13
    • Vosne–Romane "La Colombire” 2021
    • Chambolle–Musigny 1er Cru "Les Feusselottes" Cuve Augustin 2021
    • Ruchottes–Chambertin Grand Cru 2021
  • Domaine Pierre Girardin "" November 14–20
    • chezeaux Grand Cru 2021
    • Bonnes–Mares Grand Cru 2021
    • Griotte–Chambertin Grand Cru 2021
    • Richebourg Grand Cru 2021
  • Montevertine "" November 21–27
    • Le Pergole Torte 2020
  • Domaine Y. Clerget "" December 5–11
    • Clos de Vougeot Grand Cru 2021
    • Volnay 1er Cru Clos du Verseuil 2021
    • Pommard 1er Cru Les Rugiens 2021
  • Domaine Hubert Lignier "" December 12–18
    • Clos de la Roche Grand Cru Bio 2021
    • Morey Saint–Denis 1er Cru Vieilles Vignes Bio 2021
    • Morey–Saint–Denis Trilogie Bio 2021
    • Bourgogne Pinot Noir Grand Chaliot 2021
  • Domaine Bruno Colin "" December 19–25
    • Corton–Charlemagne Grand Cru 2021

"When we launched barrel sales, we knew what we were offering our members was unique. Little did we know that barrels would sell out so quickly and in some cases within 24 hours," said Alfonso de Gaetano, founder of Crurated. "Our team is pleased to be announcing a new slate of auctions with some of Europe's most sought–after wines and just in time for the holidays."

About Crurated
Launched in 2021 with an emphasis on France and Italy, Crurated is a membership–based wine community designed to connect connoisseurs directly with world–class producers. A team of specialists provides personalized services and authentic experiences, while Crurated's seamless logistics service guarantees quality and provenance thanks to secure wine cellar storage and innovative blockchain technology. For more on Crurated, visit crurated.com.

Michael Volpatt
michael@larkinvolpatt.com
415 994 8864

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ee03a3c2–35fd–4334–9adb–d2f8c7c2a7e9

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c848d052–fe03–4cdb–becd–c00e6a4cdb57


GLOBENEWSWIRE (Distribution ID 8691599)

OKX offers $3M total prize pool as it bridges Web3 and football

The OKX Football Festival will include an NFT game, a trading competition and special staking deals through OKX's Earn platform.

VICTORIA, Seychelles, Nov. 08, 2022 (GLOBE NEWSWIRE) — OKX, the world's second–largest crypto exchange by trading volume, today launched the OKX Football Festival in anticipation of national football teams meeting this month in Qatar. The OKX Football Festival consists of the NFT Football Cup, the 2022 OKX Football Cup Trading Competition and the Earn Super Hatrick
fan token staking series.

Kicking off the OKX Football Festival is the NFT Football Cup1, which offers a total of $1M in spot rewards. From November 8, fans will be able to mint up to three free NFTs2 corresponding to their favorite national teams. NFT holders will split spot rewards of 20,000 USDT each time their team advances through the group stages, with the prize pools for each eliminated team being transferred to the team that knocks them out. OKX will add 10 USDT to the prize pool for each NFT minted.3 Users will be allowed to participate in the event with any ETH wallet.

Find out more about the OKX NFT Football Cup here.

From mid November, fans will also be offered the chance to pit their crypto trading skills against one another in the 2022 OKX Football Cup Trading Competition. This contest will see teams of at least 10 traders compete for a total prize pool worth up to $2M. New user rewards, quiz–based prizes, and referral rewards will also be up for grabs.4

Haider Rafique, Chief Marketing Officer, OKX, said: "OKX is here to help people find new and innovative ways to celebrate their passions. As we raise our flags in support of our national teams this year, I hope these digital experiences help bring the crypto and football communities together and show newcomers the world of opportunities Web3 and crypto can offer them. OKX is investing heavily in its already leading Web3 Wallet and NFT Marketplace platforms, and I can confidently say that this exciting festival is only the beginning of the new opportunities we'll be offering."

Launching on November 11, the Earn Super Hatrick event will see a series of staking deals for the fan tokens of Manchester City ($CITY), Portugal ($POR), Argentina ($ARG), Flamengo ($MENGO) and the Chiliz ($CHZ) token offered. Potential APYs for the staked tokens will rise as high as 300% for $CITY and 200% for $POR, $ARG and $MENGO.5 $CITY is the official fan token of the Manchester City Football Club, for which OKX is the official cryptocurrency exchange partner.

From mid–November, OKX will also be offering the chance to win special Mystery Boxes that are themed for this winter's big tournament. Mystery Box holders will be offered the chance to win $CHZ, $ARG, $CITY and $POR tokens in addition to the reward tokens already on offer.6

For further information, please contact:
Media@okx.com

Disclaimer:
By participating, you agree that OKX's Web3 Ecosystem Terms of Service and OKX Terms and Conditions apply in full. Void where prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York are not eligible to participate.

Trading competition terms and conditions:
OKX reserves the right to disqualify a user if they engage in inappropriate, fraudulent, or abusive activities during the competition (e.g., wash trading, volume faking, participating using multiple accounts, market manipulation, etc.).
If our risk control system detected similar trading strategies, only the participant with the highest P&L (%) or profit will be permitted to continue in the competition.
If our risk control system detected matched trading activities, all associated users will be disqualified from the competition. Users who cancel more than 10 orders per minute may be disqualified during the competition.
If a team leader from a top 10 team is disqualified, their share of the reward will be divided by the team's top 10 qualified members with a trading volume equal or greater than 10,000 USDT.
OKX reserves the right of final interpretation of the Terms & Conditions. If you have any questions, please get in touch with our customer service.

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com

_______________________________________________
1 The OKX Web3 Ecosystem Terms of Service and the OKX Terms of Service apply. Void where prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York are not eligible to participate.
2 Users will be required to stake 10 USDT per NFT, with their funds being returned in full after the tournament's completion.
3 Fans can also burn their NFTs at any time after minting ends in order to claim their share of their team's prize pool.
4 The OKX Terms of Service apply. Trading Competition Terms and Conditions also apply.
5 The OKX Terms of Service apply.
6 The OKX Terms of Service apply.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a206810c–29cd–47c6–bdc8–5da04b69e2e9


GLOBENEWSWIRE (Distribution ID 8691200)

OKX offers $3M total prize pool as it bridges Web3 and football

The OKX Football Festival will include an NFT game, a trading competition and special staking deals through OKX's Earn platform.

VICTORIA, Seychelles, Nov. 08, 2022 (GLOBE NEWSWIRE) — OKX, the world's second–largest crypto exchange by trading volume, today launched the OKX Football Festival in anticipation of national football teams meeting this month in Qatar. The OKX Football Festival consists of the NFT Football Cup, the 2022 OKX Football Cup Trading Competition and the Earn Super Hatrick
fan token staking series.

Kicking off the OKX Football Festival is the NFT Football Cup1, which offers a total of $1M in spot rewards. From November 8, fans will be able to mint up to three free NFTs2 corresponding to their favorite national teams. NFT holders will split spot rewards of 20,000 USDT each time their team advances through the group stages, with the prize pools for each eliminated team being transferred to the team that knocks them out. OKX will add 10 USDT to the prize pool for each NFT minted.3 Users will be allowed to participate in the event with any ETH wallet.

Find out more about the OKX NFT Football Cup here.

From mid November, fans will also be offered the chance to pit their crypto trading skills against one another in the 2022 OKX Football Cup Trading Competition. This contest will see teams of at least 10 traders compete for a total prize pool worth up to $2M. New user rewards, quiz–based prizes, and referral rewards will also be up for grabs.4

Haider Rafique, Chief Marketing Officer, OKX, said: "OKX is here to help people find new and innovative ways to celebrate their passions. As we raise our flags in support of our national teams this year, I hope these digital experiences help bring the crypto and football communities together and show newcomers the world of opportunities Web3 and crypto can offer them. OKX is investing heavily in its already leading Web3 Wallet and NFT Marketplace platforms, and I can confidently say that this exciting festival is only the beginning of the new opportunities we'll be offering."

Launching on November 11, the Earn Super Hatrick event will see a series of staking deals for the fan tokens of Manchester City ($CITY), Portugal ($POR), Argentina ($ARG), Flamengo ($MENGO) and the Chiliz ($CHZ) token offered. Potential APYs for the staked tokens will rise as high as 300% for $CITY and 200% for $POR, $ARG and $MENGO.5 $CITY is the official fan token of the Manchester City Football Club, for which OKX is the official cryptocurrency exchange partner.

From mid–November, OKX will also be offering the chance to win special Mystery Boxes that are themed for this winter's big tournament. Mystery Box holders will be offered the chance to win $CHZ, $ARG, $CITY and $POR tokens in addition to the reward tokens already on offer.6

For further information, please contact:
Media@okx.com

Disclaimer:
By participating, you agree that OKX's Web3 Ecosystem Terms of Service and OKX Terms and Conditions apply in full. Void where prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York are not eligible to participate.

Trading competition terms and conditions:
OKX reserves the right to disqualify a user if they engage in inappropriate, fraudulent, or abusive activities during the competition (e.g., wash trading, volume faking, participating using multiple accounts, market manipulation, etc.).
If our risk control system detected similar trading strategies, only the participant with the highest P&L (%) or profit will be permitted to continue in the competition.
If our risk control system detected matched trading activities, all associated users will be disqualified from the competition. Users who cancel more than 10 orders per minute may be disqualified during the competition.
If a team leader from a top 10 team is disqualified, their share of the reward will be divided by the team's top 10 qualified members with a trading volume equal or greater than 10,000 USDT.
OKX reserves the right of final interpretation of the Terms & Conditions. If you have any questions, please get in touch with our customer service.

About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 20 million global customers, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.

As a top partner of English Premier League champions Manchester City F.C., McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new financial and engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

To learn more about OKX, download our app or visit: okx.com

_______________________________________________
1 The OKX Web3 Ecosystem Terms of Service and the OKX Terms of Service apply. Void where prohibited by Applicable Laws. Residents of Restricted Locations, Canada, Florida, and New York are not eligible to participate.
2 Users will be required to stake 10 USDT per NFT, with their funds being returned in full after the tournament's completion.
3 Fans can also burn their NFTs at any time after minting ends in order to claim their share of their team's prize pool.
4 The OKX Terms of Service apply. Trading Competition Terms and Conditions also apply.
5 The OKX Terms of Service apply.
6 The OKX Terms of Service apply.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/a206810c–29cd–47c6–bdc8–5da04b69e2e9


GLOBENEWSWIRE (Distribution ID 8691200)

Younger Generation Needed in Efforts to Change the Leprosy Perceptions, Says Miss World Brazil

Miss World Brazil Letícia Frota and Pragnya Ayyagari, Miss Supranational India agreed that zero leprosy and campaigns to destigmatize the disease should not be sidelined because of COVID-19. Credit: Joyce Chimbi/IPS

By Joyce Chimbi
Nairobi, Nov 8 2022 – Deep-rooted discrimination against persons affected by leprosy or Hansen’s disease has marginalized individuals and communities. As social pariahs, opportunities to pursue their dreams are limited because, at best, they live at the periphery of society and, more often than not, are ostracized.

Yohei Sasakawa, WHO Goodwill Ambassador for Leprosy Elimination, said that because of discrimination and shame, “We had a long period when all people affected by leprosy had to live silently. Today, we have the Don’t Forget Leprosy Campaign, and we all have a role to play in this endeavor.”

 

Yohei Sasakawa, WHO Goodwill Ambassador for Leprosy Elimination, says everybody has a role to play in destigmatizing leprosy. Credit: Sasakawa Foundation

Yohei Sasakawa, WHO Goodwill Ambassador for Leprosy Elimination, says everybody has a role to play in destigmatizing leprosy. Credit: Sasakawa Foundation

He was speaking during the third and final day of the 2nd Global Forum of People’s Organizations on Hansen’s Disease held by the Sasakawa Leprosy (Hansen’s Disease) Initiative in Hyderabad, India, from November 6 to 8, 2022, where participation was both in person and virtual.

During the Forum, discussions centered on the challenges persons affected by leprosy face and the vision of the future they wish to create moving into the post-COVID era. The primary objective was to strengthen and maximize the roles and capacities of people’s organizations to promote the dignity of persons affected by Hansen’s Disease.

Speakers and participants at the 2nd Forum highlighted how persons affected by leprosy are increasingly speaking out and seeking participation in implementing leprosy programs and formulating related policies. There are at least 41 People’s Organizations on Hansen’s disease in 25 countries across the globe.

Good practices of how people’s organizations are building capacities and expanding roles to enhance the dignity of those affected by the ancient disease from countries such as Ethiopia, India, Nepal, and Indonesia were extensively shared on days one and two of the Global Forum.

This gave way to the third and final day for speakers and attending participants to host side events on a theme of their choice in line with the Forum’s overall objective.

Miss World Brazil Letícia Frota and Pragnya Ayyagari, Miss Supranational India held a special session to raise visibility about persons affected by leprosy within the context of the Don’t Forget Leprosy Campaign. They reminded the world that leprosy should not be sidelined amid the COVID-19 pandemic.

The beauty queens spoke passionately about the need for a united vision toward a future without leprosy. They participated in a panel discussion that included Sasakawa and representatives of the Movement of Reintegration of Persons Afflicted by Hansen’s Disease (MORHAN) in Brazil and the Association of People Affected by Leprosy-India (APAL).

Discussions were firmly centered on the need to raise awareness and increase visibility around Hansen’s disease and the people affected, to work towards their inclusion and integration, and to particularly reach out to the younger generation as their role is critical towards zero leprosy.

“I am very empathetically connected to this cause, and I will use my influence to connect with young people in raising awareness about Hansen’s disease. I am very encouraged about ongoing efforts by MORHAN to educate school-going children about Hansen’s disease,” Ayyagari explained.

Frota stressed the need to spread awareness, especially to the younger generation who remain in the dark regarding leprosy. To change the future, she said, “We need to change the landscape of the disease by actively engaging young people. I will continue to engage and raise funds towards a future without leprosy.”

Miss World Brazil further spoke about the rights of people affected by leprosy to live and enjoy opportunities without discrimination. She highlighted the need for early detection and treatment of leprosy as critical to reaching zero leprosy.

Participants were pleased with the involvement of the beauty queens because, as celebrities, they can use their massive following to draw attention to the disease.

Representatives of MORHAN and APAL said that as people affected by leprosy, there is an urgent need to take the message to the world that leprosy is curable and that the community must not be forgotten even as COVID-19 continues to take center stage.

They all lauded ongoing efforts to bring the global community together to bring attention to the ancient disease and to forge a way forward toward its elimination.

Sasakawa encouraged those at the forefront of fighting stigma and discrimination against leprosy and those taking active steps towards its elimination always to remember that they are not alone.

“So many like-minded people support you and are comrades in this fight. You might face certain challenges going forward but remember that so many people are backing you,” he said.

During the panel discussion, persons affected by leprosy from different countries had an opportunity to speak about how they are still grappling with the pain of stigma and discrimination even after being healed from leprosy.

They stressed that even though they cannot transmit leprosy to others, they are still treated with fear, and many are silenced by the stigma, unable to live life to their full potential. They vowed to use this pain to fuel and boost the Don’t Forget Leprosy campaign towards a future free from all forms of discrimination against those affected by the ancient disease.

In all, representatives of persons affected by leprosy urged participants to use the little they have to do whatever they can. By and by, they said, the global campaign to eliminate leprosy will grow wings to fly to every corner of the world, to reach people with the message that leprosy is curable, and to give hope to every person affected by leprosy.

IPS UN Bureau Report

 


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