Beyond the Fields: Unraveling Zambia’s Drought Crisis and the Urgent Call for Climate-Health Solutions

Laban Munsaka of Pemba District in Southern Province, farm is impacted by El Nino climate-induced prolonged dry spell. Credit: Friday Phiri/IPS

Laban Munsaka of Pemba District in Southern Province, farm is impacted by El Nino climate-induced prolonged dry spell. Credit: Friday Phiri/IPS

By Friday Phiri
LUSAKA, May 8 2024 – For most families in Zambia, April is traditionally a month of plenty—it is typically the beginning of a harvest season for various food and cash crops. Both fresh and dried maize, groundnuts, pumpkins, and a whole variety of both traditional and exotic food crops are usually in full supply and readily available for consumption, supporting household food security and nutrition.

Similarly, during this period, most families’ income levels tend to be high and sound, supportive of family demands ranging from school fees to health care and grocery needs, as they sell various cash crops. It is, in summary, the beginning of the crop marketing season and a period of positive expectations.

This farming season, however, the story of millions of households, including that of Laban Munsaka of Pemba District in Southern Province, is gravely depressing. Munsaka’s family is part of the over six million people from over a million households in Zambia estimated to be facing acute food shortages and possible malnutrition until the next growing season, which is twelve months away.

Due to the El Nino climate-induced prolonged dry spell, half of the estimated 2.2 million hectares of maize planted in the 2023–24 farming season have been destroyed. According to Zambia’s President, Hakainde Hichilema, the debilitating dry spell lasted for more than five weeks at a time when farmers needed rain the most.

“In view of these challenges, urgent and decisive action is required from all of us,” Hichilema said in his address when he declared the situation a disaster and national emergency, earlier in March 2024. “The government, in accordance with the Disaster Management Act No. 13 of 2010, and other relevant legislation, declares the prolonged dry spell a national disaster and emergency,” he said, adding that the prolonged dry spell had affected 84 of the country’s 116 districts, negatively impacting more than a million farming households.

“It’s really difficult to compare last season to what has happened this farming season,” Munsaka narrates. “I harvested 100 by 50kg bags of maize last season but I don’t know what we might get from this destroyed field, it is just zero work this season,” he laments, pointing at his destroyed maize crop field.

With a relatively huge family of over 20 members to support, Munsaka is not only worried about the eminent food insecurity but also nutrition and other health-related challenges that may likely emerge from poor nutrition intake.

“I have a bigger family,” he says. “As you know, in such situations, our focus is only on food availability. Our focus is survival. We don’t usually care about the nutrition component.”

With dwindling pasture for grazing and expected water scarcity for livestock, animal welfare is likely to be compromised, leading to possible disease outbreaks such as nutritional anthrax, putting at risk both animal and human populations.

In a climate-induced drought environment, Munsaka’s worries about food insecurity, reduced nutrition options and eminent health challenges may not be far-fetched. There is increasing scientific evidence indicating how climate change is, and continues to significantly impact the physical, biological, and mental health of individuals.

According to the Intergovernmental Panel on Climate Change’s (IPCC) sixth assessment report (AR6), climate-related illnesses, premature deaths, malnutrition in all its forms, and threats to mental health and well-being are increasing.

For example, scientific evidence indicates that dwindling water security is leading to rising cases of waterborne diseases and an overall collapse of sanitation and hygiene, while frequent and intensified droughts and floods are said to be contributing to loss of agricultural productivity, leading to food insecurity and subsequently malnutrition.

Similarly, science experts are pointing fingers at rising temperature conditions as a contributing factor to the expansion of vector-borne diseases such as malaria and dengue fever into higher altitudes and previously colder regions of the world.

The World Health Organization (WHO) estimates that if urgent interventions to tame climate change are not implemented, approximately 250,000 additional deaths per year could be recorded from malnutrition, malaria, diarrhea, and heat stress alone. This is in addition to estimated economic losses of USD 2-4 billion per year by 2030.

While the situation is as dire as described, health is not part of the mainstream agenda of climate negotiations at global level.

It is worth noting, however, that there have been efforts at the global and regional levels to address the impacts of climate change on health. At COP26 in Glasgow, the health community reached an important milestone in bringing human health at the forefront of climate change work.

For the first time in the UNFCCC negotiations, a health programme was promoted, led by the UK government as the President of COP26, the World Health Organization (WHO), Health Care Without Harm (HCWH) and the UNFCCC Climate Champions.

Two of the programme’s key initiatives were to support countries in developing climate resilient and low carbon sustainable health systems, with countries announcing their commitments to develop and invest in climate resilient and low carbon sustainable health systems and facilities.

Since COP26, Amref Health Africa, working with WHO and other partners, has been leading climate and health efforts, culminating into the first ever Health Day dedicated to health issues at COP28, at which stakeholders made further commitments in a health declaration.

As parties prepare for the UNFCCC 60th session of the Subsidiary Bodies (SB60) in Bonn, Germany, next month, the health community is also gearing to continue playing an active role in the negotiations.

“This is the time to seize the growing momentum across the globe, on the need to pool resources, knowledge, and creativity towards a forward-looking climate and health agenda to respond not only to the challenges of today but also anticipate the challenges of tomorrow,” says Desta Lakew, Amref Health Africa Group Director for Partnerships and External Affairs. “We must encourage and foster collaborations across disciplines, including environmental science, public health, epidemiology, economics, and social sciences, to address the multifaceted nature of climate change impacts on health.”

Based on this call, Amref Zambia is actively engaging the Ministry of Green Economy and Environment (MGEE) on the intersectionality of climate change and health, in view of not only the current situation but also future circumstances likely to emerge from the negative effects of climate change on the health sector.

Amref Zambia Country Manager, Viviane Sakanga, expresses delight at the opportunity to engage and Amref’s desire to collaborate on key climate and health interventions for better health outcomes amid the climate crisis.

“Evidence is abounding on how climate change is affecting health. It is for this reason that we believe, and have included the climate crisis as a key social determinant and driver of change in our 2023–2030 Corporate Strategy. We are keen to collaborate on climate and health,” said Sakanga when she recently met with the Director of Green Economy and Climate Change at the Ministry, Ephraim Mwepya Shitima.

On his part, Shitima welcomed Amref’s patronage and pledged the department’s readiness to work with like-minded institutions for meaningful climate action at all levels and in all sectors.

Ephraim Mwepya Shitima said, “it may interest you to know that Zambia identified the health sector for climate intervention as early as 2007. In implementing Article 4.9 of the Climate Convention, the COP in 2001, established the Least Developed Countries (LDC) work programme that included the National Adaptation Programmes of Action (NAPAs) to support LDCs to address the challenge of climate change given their particular vulnerability. In 2007, Zambia identified health as one of the priority sectors that required support under this work programme. Equally, the National Adaptation Plan (NAP), which was submitted last year also highlights health as a priority sector. We are therefore delighted and welcome your active involvement in the climate change and health action space.”

Amidst all, Munsaka and other millions of Zambians affected by the current and future climate-induced challenges are yearning for holistic support interventions focused not only food availability but also nutrition and health.

With the situation already declared a disaster by the Republican President, government and stakeholders continue to seek for integrated interventions.

Note: The author is Climate Change Health Advocacy Lead at Amref Health Africa

 

IPS UN Bureau Report

 


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The Enormous Risks & Uncertain Benefits of an Israeli Strike Against Iran’s Nuclear Facilities

View of Tehran, Iran’s capital. Among other things, the JCPOA envisages lifting of sanctions, bringing “tangible economic benefits for the Iranian people”. Credit: Unsplash/Anita Filabi

By Assaf Zoran
CAMBRIDGE, Massachusetts, May 8 2024 – Iran’s unprecedented attack on Israel on April 13 has significantly escalated the tensions between the countries. For the first time, a declared and extensive Iranian military operation was carried out on Israeli territory. Now, the decision on how to respond rests with Israel. A direct war between the two countries now no longer seems unlikely.

Israel now realizes that it underestimated the consequences of its attack on an Iranian facility in Damascus that killed several senior members of Iran’s Islamic Revolutionary Guard Corps earlier this month. However, the exceptionally large scope of Iran’s response and the direct impact on Israeli soil is viewed in Israel as a disproportionate action that significantly escalates the conflict.

Despite the interception of most of the weapons launched by Iran and the lack of significant damage on Israeli territory, the outcome of the Iranian attack could have been vastly different due to the uncertainties of combat. Consequently, in Israel, there is a strong focus on Iran’s intentions and Tehran’s willingness to risk a direct confrontation.

Since Israel does not want to depend solely on defense and aims to prevent the normalization of attacks on its territory, it appears resolute to respond, reinforce its deterrence, and inflict a significant cost that will make Iran’s decision-makers think twice before attacking similarly again.

While some in Israel advocate for a robust immediate response to project power and display independence despite international pressures, others prefer a more cautious and measured reaction to limit the risk of escalating into a major regional war.

Several main response options are under consideration, possibly in combination: a diplomatic move, such as forming a regional defensive coalition against Iran and its armed allies in the “axis of resistance,” or revitalizing international efforts against Iran’s nuclear program; a covert kinetic operation, like past operations attributed to Israel targeting nuclear or missile facilities; or an overt kinetic military initiative, such as a missile or aircraft strike on Iranian territory.

Both covert and overt kinetic actions can vary in intensity and target different sectors—military, governmental, or nuclear.

Currently, there is significant attention on the potential for Israel to execute a kinetic move against Iranian nuclear sites, covertly or overtly. Iran itself recently closed these facilities due to security concerns—a move noted by the international community, including the Director General of the International Atomic Energy Agency (IAEA), Rafael Grossi, who stated that inspectors have been temporarily withdrawn.

Within Israel, some perceive the current situation as an opportunity to impair Iran’s nuclear program, considered a primary national security threat. The possibility of a military strike is reportedly under examination. In contrast, Meir Ben-Shabbat, former head of the National Security Council, suggested that Israel should target the Iranian nuclear program through diplomatic avenues.

The ability to execute an extensive and effective kinetic operation against Iran’s nuclear facilities on a short notice is doubtful. Such a move is also likely to lead to upheaval in the Middle East, contrary to Israeli officials’ statements that a military response will not lead to a full-scale war with Iran.

Conversely, a precise strike on nuclear facilities in Isfahan, Natanz, Araq, or Fordow could not only rekindle international attention toward Iran’s nuclear aspirations, it would also affirm Israel’s commitment to act after several years without significant action in that regard. In doing so, Israel could demonstrate resolve, conveying clearly that it does not accept the nuclear precedent Iran has established in recent years and is willing to take decisive action if necessary, even if opposed or not supported by the international community.

Moreover, a successful attack on a heavily protected target would highlight Israel’s superior capabilities and would undermine the new game rules that Iran attempted to establish. This, in turn, could decrease the likelihood of future attacks on Israeli territory.

Regionally, attacking a nuclear site could bolster Israel’s image as the sole nation daring enough to confront Iran and counter its provocations, particularly following the security breach on October 7. This action could effectively demonstrate Israel’s determination, showcase its military edge.

However, an attack on Iran’s nuclear facilities carries significant drawbacks.

In the short term, it would considerably increase the likelihood of a retaliatory response from Tehran, potentially even more severe, targeting sensitive locations in Israeli territory, and possibly extending to American and Jordanian interests in the region. This could inhibit the possibility of employing measured escalation levels and quickly lead to a broader conflict.

Hezbollah, which Iran sees as one of its assurances in case of an attack on its nuclear facilities, might be compelled to intensify its assaults against Israel.

Moreover, an attack on Iran’s nuclear facilities may have the opposite result of prompting an escalation in Iran’s nuclear developments, a pattern previously observed in response to kinetic actions attributed to Israel.

Such an attack could be used by Tehran as a justification and motivation to progress toward nuclear weapons development, confirming that conventional deterrence is insufficient. In recent years—and in past months even more so—senior Iranian figures have increasingly hinted at this possibility.

An overt attack on Iran could also diminish Israel’s legitimacy and international support, which momentarily recovered amid a historic low following the war in Gaza. This erosion could jeopardize diplomatic efforts to establish renewed coalitions and strategies against Iran.

Although it is crucial for Israel to impose a significant cost on Iran in response to its April 13 attack to deter further aggressive actions in the region, targeting nuclear facilities might be strategically disadvantageous.

The costs could heavily outweigh the benefits, and Israel should be prudent to focus on a proportionate response, such as targeting missile and drone infrastructures in Iran or other Iranian assets in the region.

At the same time, it is vital to invest in a substantial political response, such as forming a defensive coalition against the resistance axis and incorporating into it countries threatened by Iran under international auspices. Amid an emerging contest of superpowers in the region and beyond, such a political response also presents an opportunity to foster closer ties and strengthen commitments between these nations and the West.

Assaf Zoran is a research fellow with the Project on Managing the Atom and International Security Program at Harvard Kennedy School’s Belfer Center for Science and International Affairs. He is an attorney with 25 years of experience addressing policy and operational issues in the Middle East, engaging in strategic dialogue with decision-makers in Israel and other regions.

Source: Bulletin of the Atomic Scientists

IPS UN Bureau

 


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Trade Liberalisation Kicked Away African Development Ladder

By Jomo Kwame Sundaram
KUALA LUMPUR, Malaysia, May 8 2024 – Africans have long been promised trade liberalisation would accelerate growth and structural transformation. Instead, it has cut its modest production capacities, industry and food security.

Berg helped sink Africa
The 1981 Berg Report was long the World Bank blueprint for African economic reform. Despite lacking support in theory and experience, Africa’s comparative advantage was supposedly in export agriculture.

Jomo Kwame Sundaram

Once obstructionist government interventions were gone, farmers’ previously repressed productive potential would spontaneously achieve export-led growth. But there has been no sustained African agricultural export boom since.

Instead, Africa has been transformed from a net food exporter in the 1970s into a net importer. Over the next two decades, its share of world non-oil exports fell by more than half from the early 1980s.

Sub-Saharan Africa (SSA) export growth from the late 20th century has mainly been due to foreign direct investment (FDI) from Asia, especially China and India. Nevertheless, Africa’s share of world exports has declined.

High growth in Asian economies contributed most to raising primary commodity prices, especially for minerals, until they collapsed from 2014.

Underdeveloped agriculture
African agriculture has been undermined by decades of low investment, stagnation and neglect. Public spending cuts under structural adjustment programmes (SAPs) have also depleted infrastructure (roads, water supply, etc.), undermining output.

SAPs’ neglect of infrastructure and agriculture left many developing nations unable to respond to new agricultural export opportunities. Meanwhile, projections ignored the fate of African food security.

SAPs undermined the already poor competitiveness of African smallholder agriculture. Unsurprisingly, most of the poorest and least developed African countries were projected to be net losers in the Bank’s more ‘realistic’ World Trade Organization (WTO) Doha Round trade liberalisation scenarios.

Uneven partial trade liberalisation and subsidy reduction have mixed implications. These vary with the food shares of national imports and household spending.

Wishful development thinking
World Bank research claimed African countries would gain $16 billion from ‘complete’ trade liberalisation. But this scenario was never envisaged for the Doha Round negotiations – virtually abandoned two decades ago.

Nonetheless, the Bank claimed SSA would gain considerably because “farm employment, the real value of agricultural output and exports, the real returns to farm land and unskilled labor, and real net farm incomes would all rise substantially in capital scarce SSA countries with a move to free merchandise trade”.

Total welfare gains envisaged for SSA minus South Africa were slightly over half of one per cent. But World Bank projections for the overall effects of multilateral agricultural trade liberalisation expected significant losses for SSA.

Gains worldwide would mainly accrue to major food exporters, primarily from the Cairns Group, largely from rich countries. The rich world has long dominated food agricultural exports with indirectly subsidised farming.

Lowering agricultural subsidies in the North has thus raised some imported food prices in developing countries. Also, most African governments cannot easily substitute lost tariff revenue with other new or higher taxes.

After years of trying, developing countries have virtually given up trying to ‘level the playing field’ by cutting OECD governments’ agricultural subsidies, import tariffs and non-tariff barriers.

Gains from liberalisation?
Greater trade liberalisation in manufactures, enhanced by the WTO non-agricultural market access (NAMA) agreement, has also undermined African industrialisation.

Limited African market access to affluent country markets has been secured through preferential market access agreements rather than trade liberalisation. Mkandawire noted trade liberalisation would entail losses for Africa with the end of European Union preferential treatment under the Lome Convention.

Hence, the likely overall impacts of trade liberalisation on Africa were recognised as mixed and uneven. The economic welfare of SSA – without Zambia, South Africa and members of the Southern African Customs Union – was supposed to rise after a decade by three-fifths of one per cent by 2015!

The Doha agreement envisaged then emphasised manufacturing trade liberalisation. Despite gains for some developing countries, SSA minus South Africa would lose $122 billion as SAPs accelerate deindustrialisation.

SSA minus South Africa would lose $106 billion to agricultural trade liberalisation due to poor infrastructure, export capacities, and ‘competitiveness’. Hence, partial trade liberalisation – and subsidy reduction – have uneven and mixed implications.

Fraudulent policy advice
With more realistic assumptions, SSA gains from trade liberalisation would be more modest. As economic growth generally precedes export expansion, trade could help foster virtuous circles but cannot enhance productive capacities and capabilities on its own.

UNCTAD has long emphasised growth’s importance for trade expansion, especially the weak investment-export nexus. This accounts for many countries’ failure to expand and diversify their exports.

Rapid resource reallocation is much more difficult without high growth and investment rates. For Gerry Helleiner, “Africa’s failures have been developmental, not export failure per se”. Dani Rodrik argued Africa’s ‘marginalisation’ is not due to trade performance.

Africa’s export collapse in the 1980s and 1990s involved “a staggering annual income loss of US$68 billion – or 21 per cent of regional GDP”. Former World Bank economist Bill Easterly blamed these lost decades on SAPs.

Nonetheless, “Africa overtrades compared with other developing regions in the sense that its trade is higher than would be expected from the various determinants of bilateral trade”.

Trade liberalisation has significantly reduced trade, industrial, technology and investment policy space for developing countries. Unsurprisingly, food security and manufacturing have been especially badly hit.

IPS UN Bureau

 


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Amid Record Displaced Persons, Migrant Remittances Spike—New IOM Report

Migrants use a cross-border bus in Bulawayo to enter South Africa. Credit: Ignatius Banda/IPS

Migrants use a cross-border bus in Bulawayo to enter South Africa. Credit: Ignatius Banda/IPS

By Ignatius Banda
BULAWAYO, May 8 2024 – While there have been a record number of displaced people worldwide, according to a new report by the International Organization for Migration (IOM), migrant remittances are promoting human development.

Millions of people from developing countries rely on money sent from abroad by relatives, helping drive local economies marked by high unemployment and poverty, according to humanitarian agencies that include the World Bank.

The IOM report released on May 7, 2024, comes at a time of increasing global crises such as war and famine that have forced millions out of their home countries, while migrants fleeing economic hardships are also making perilous journeys in search of better employment opportunities.

The IOM estimates that there are currently 281 million international migrants worldwide, while another 117 million people have been displaced by natural disasters, violence, conflict, and other causes.

The humanitarian agency says these numbers represent the highest in modern-day records.

Increased migration has in turn fed a spike in remittances, with a jump of more than 650 percent from 2000 to 2022, the IOM World Migration Report 2024 says.

International remittances shot up from USD128 billion to USD831 billion in 22 years, and the IOM notes that COVID-19 travel restrictions did not disrupt migration trends.

“Of that USD831 billion in remittances, USD647 billion were sent by migrants to low- and middle-income countries. These remittances can constitute a significant portion of those countries’ GDPs, and globally, these remittances now surpass foreign direct investment in those countries,” the IOM says.

The World Migration Report 2024 also comes at a time when African immigrants especially are losing their lives in the high seas as they attempt to cross into Europe.

For the migrants who make it to the shore, the promise of better lives has been shattered by what critics say are populist right wing political parties who are whipping up anti-migrant emotions.

The IOM, however, says a more balanced telling of the migrant’s story is needed if the world is to better understand what has routinely been termed a global crisis.

“Migration, an intrinsic part of human history, is often overshadowed by sensationalized narratives. However, the reality is far more nuanced than what captures headlines,” the IOM notes.

“Most migration is regular, safe, and regionally focused, directly linked to opportunities and livelihoods. Yet, misinformation and politicization have clouded public discourse, necessitating a clear and accurate portrayal of migration dynamics,” the IOM added.

Amid such challenges, the IOM says the earnings of the migrants are not only helping address host labour market deficits but, more importantly, boosting remittances and driving the human development index in their home countries.

“The World Migration Report 2024 helps demystify the complexity of human mobility through evidence-based data and analysis,” IOM Director General Amy Pope said at the May 7 launch in Bangladesh.

In explaining the location of the launch, the IOM explained in a press release:

“By choosing Dhaka as the report’s launch site, IOM not only highlights the country’s efforts in supporting vulnerable migrants and fostering pathways for regular migration but also recognizes Bangladesh’s important role in shaping global migration discourse and policy.”

At a time when migration has become a hot button in developed countries, Bangladesh is being seen as a model for the Global Compact for Safe, Orderly, and Regular Migration’s Champion country.

“As one of the GCM champion countries, Bangladesh will not only continue to act upon the pledges it has made for its domestic context but will also take up emerging issues and challenges pertaining to migration and development for informed deliberations at the international level,” said Hasan Mahmud, the Bangladeshi foreign minister.

The Asian country “has demonstrated a strong commitment to addressing migration issues and implementing policies that safeguard migrants’ rights,” the IOM says.

These sentiments also come at a time of anti-immigrant sentiment and xenophobia, which analysts say have slowed efforts to promote human development through remittances.

“In a world grappling with uncertainty, understanding migration dynamics is essential for informed decision-making and effective policy responses, and the World Migration Report advances this understanding by shedding light on longstanding trends and emerging challenges,” Pope said.

“We hope the report inspires collaborative efforts to harness the potential of migration as a driver for human development and global prosperity,” DG Pope said.

Researchers say there is still more to be done to understand the urgency of the challenges and opportunities brought by migration.

“It is the insecurity that citizens face—economic and existential—that feeds the sense of crisis,” said Loren Landau, professor at the University of Witwatersrand’s African Centre for Migration and Society in South Africa.

For now, there does not appear to be anything that will stop the migration trend, with the IOM calling for “meaningful action in addressing the challenges and opportunities of human mobility.”

IPS UN Bureau Report

 


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شركة Exodus Movement, Inc. تُعلن ترقية إدراجها في بورصة نيويورك للأوراق المالية بالولايات المتحدة الأمريكية

أوماها، نبراسكا،, May 07, 2024 (GLOBE NEWSWIRE) —  أعلنت اليوم شركة Exodus Movement, Inc.‎ (المدرجة في سوق تداول الأوراق المالية OTCQX تحت الرمز: EXOD) (والمشار إليها فيما يلي بلفظ “Exodus” أو “الشركة”)، عن الموافقة على إدراج أسهمها العادية في بورصة نيويورك للأوراق المالية بالولايات المتحدة الأمريكية. وسوف يبدأ تداول أسهم الشركة العادية من الفئة أ بقيمة اسمية ‎$0.000001 (“الأسهم العادية”) في بورصة نيويورك للأوراق المالية بالولايات المتحدة الأمريكية تحت رمزها الحالي “EXOD” لدى بدء التداول في 9 مايو 2024. وسوف يستمر تداول الأسهم العادية في سوق OTCQX حتى إغلاق السوق في 8 مايو 2024. لا يحتاج حاملو الأسهم الحاليون إلى اتخاذ أي إجراء قبل الإدراج المتوقع للشركة في بورصة نيويورك للأوراق المالية.

وفي معرض تعليقه على هذه المناسبة، قال JP Richardson، الرئيس التنفيذي والمؤسس المشارك لشركة Exodus “إن ترقية الإدراج في بورصة نيويورك للأوراق المالية يمثل مرحلة هامة في رحلتنا. من شأن التداول في بورصة نيويورك للأوراق المالية أن يتيح لشركة Exodus تحقيق قيمة أكبر على المدى الطويل لحاملي الأسهم عن طريق زيادة تواجدنا في مجتمع المستثمرين، وهو ما سيؤدي بدوره إلى زيادة السيولة”. وأردف قائلاً “نؤمن بأن ترقية الإدراج سيزيد من الوعي والمعرفة بشركة Exodus“.

نبذة عن شركة Exodus

تهدف شركة Exodus إلى تقديم يد العون لنحو نصف سكان العالم للاستغناء عن نظام التمويل التقليدي. تأسست شركة Exodus في عام 2015 وهي تمثل محفظة برامج متعددة الأصول تُغني عن الحاجة إلى المعرفة الحاسوبية المتخصصة وتجعل التصميم أولوية من أجل تسهيل وصول الجميع إلى العملات المشفرة والأصول الرقمية. يمكن استخدام برامج Exodus مع أجهزة سطح المكتب وأجهزة الجوال ومختلف المتصفحات، مما يتيح للمستخدمين تأمين العملات المشفرة وإدارتها وتبديلها، مثل Bitcoin وEthereum، وغير ذلك الكثير في أكثر من 10,000 زوج من الأصول الرائدة في القطاع من محفظة أنيقة سهلة الاستخدام. تكون وظائف الحفظ الذاتي مُضمَّنة محليًا على أجهزة المستخدمين، مما يضمن الخصوصية والأمان والتحكم التام في ثرواتهم. لمزيد من المعلومات، يرجى زيارة الموقع الإلكتروني exodus.com.

مسؤول التواصل مع المستثمرين
investors@exodus.com

بيانات استشرافية

يشتمل هذا البيان الصحفي على بيانات استشرافية تستند إلى اعتقاداتنا وافتراضاتنا كما تستند إلى المعلومات المتاحة لنا حاليًا كما في تاريخ هذا البيان. وفي بعض الحالات، يمكن التعرف على البيانات الاستشرافية من خلال الكلمات التالية: “سوف”، “يتوقع”، “سيؤدي”، “ينوي”، “يؤمن”، أو المصطلحات المماثلة. تشتمل البيانات الاستشرافية في هذه الوثيقة، على سبيل المثال لا الحصر، على اقتباسات من الإدارة بشأن الثقة في منتجاتنا وخدماتنا ومسار أعمالنا وخططنا وبعض مقاييس الأعمال. تنطوي هذه البيانات على مخاطر وشكوك وافتراضات وعوامل أخرى يصعب التنبؤ بها وقد تؤدي إلى اختلاف النتائج أو الأداء الفعلي بشكل جوهري وسلبي.

تشمل العوامل التي قد تؤدي إلى ذلك الاختلاف، على سبيل المثال لا الحصر، التوقعات بشأن إقبال العملاء على استخدام منتجات Exodus في التطبيقات اللامركزية dApps والتمويل اللامركزي DeFi والرموز غير القابلة للاستبدال NFT مقارنة بالمنافسين؛ والنزاع المستمر في أوكرانيا، وتأثير العقوبات أو غيرها من الإجراءات التقييدية، من جانب الولايات المتحدة الأمريكية وغيرها من الدول، والرد المحتمل من روسيا على تلك الإجراءات؛ والصعوبات المرتبطة بالتنبؤ بسلوك المستخدمين والتغيرات في عادات إنفاق المستخدمين نتيجة لعدة أمور من بينها الأوضاع الاقتصادية السائدة أو مستويات التوظيف أو المرتبات أو الأجور أو التضخم أو ثقة المستهلكين أو التغيرات غير المتوقعة أو السريعة في النمو أو تراجع أسواقنا المحلية و/أو الدولية؛ واحتدام المنافسة من المنافسين الحاليين والجُدد؛ والتقدم السريع والمبتكر الذي يؤدي إلى تغييرات جوهرية في الأصول الرقمية أو قطاع العملات المشفرة؛ واستمرار الامتثال للمتطلبات التنظيمية؛ وتقلب أسعار العملات المشفرة، مثل Bitcoin، وغيرها من الأصول الرقمية؛ واحتمال عدم سير تطور وإطلاق المنتجات الجديدة والتحسينات على المنتجات الجديدة بحسب الإطار الزمني المتوقع أو اشتمالها على مشكلات أو أخطاء تتطلب الإصلاح أو عدم ظهور سوق لبيع هذه المنتجات الجديدة أو المحسنة بحسب ما هو متوقع؛ والمخاطر المرتبطة بقدرتنا على استدامة أو زيادة الربحية أو نمو الإيرادات في الفترات المستقبلية (أو الحد من التراجعات إلى أقل مستوى) مع السيطرة على النفقات؛ واختراق بيانات المستخدمين لأي سبب؛ والمخاطر التشغيلية والسياسية الخارجية والمخاطر المرتبطة بعملياتنا؛ والتأخيرات غير المتوقعة أثناء عملية التدقيق؛ وفقدان الموظفين الرئيسيين أو نقص العمالة أو توقف الأعمال.

ترد معلومات إضافية حول العوامل والمخاطر والشكوك التي يمكن أن تؤدي إلى تلك الاختلافات أو تساهم فيها ضمن وثائقنا المقدمة إلى هيئة الأوراق المالية والبورصات الأمريكية، بما في ذلك قسم “عوامل المخاطرة” وقسم “مناقشة الإدارة وتحليها للوضع المالي ونتائج العمليات” في النموذج رقم 10 التعديل رقم 1 الخاص بنا عن السنة المنتهية في 31 ديسمبر 2023، والمقدَّم في 1 مايو 2024. لا يمكننا أن نضمن لك دقة البيانات الاستشرافية. علمًا بأن تلك البيانات الاستشرافية تتناول فقط الأوضاع في التاريخ الحالي. ونخلي مسؤوليتنا من أي التزام بتحديث هذه البيانات الاستشرافية.

المصدر: Exodus Movement, Inc.‎


GLOBENEWSWIRE (Distribution ID 9112719)

Hitachi Energy supports long-term operation of largest HVDC-connected wind energy project in U.S.

Zurich, Switzerland, May 07, 2024 (GLOBE NEWSWIRE) — Hitachi Energy announced that it has signed a multi–year agreement with Pattern Energy to support its high–voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515–megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering renewable energy.

The long–term agreement will provide service solutions for the SunZia Transmission HVDC link, currently under construction1, owned by Pattern Energy, one of the world’s largest privately–owned developers and operators of renewable energy and transmission projects. Hitachi Energy’s HVDC Light® technology will efficiently transfer and integrate huge volumes of wind power over more than 885 kilometers (550 miles) into the regional power grid. This will significantly increase the availability of sustainable energy for homes and businesses throughout the region when it enters operation, which is expected in 2025.

EnCompass™ is Hitachi Energy’s portfolio of partnership–oriented service offerings, signaling a step–change in life cycle thinking. This order underlines Hitachi Energy’s commitment to trusted long–term partnerships and builds on its proven track record of delivering innovative and reliable energy service solutions 2.

When complete, SunZia Wind will have a total power capacity of 3,515 MW, enough clean, renewable electricity to provide power to approximately three million Americans3. The HVDC link will efficiently transmit up to 3,000 MW of this power west to Arizona. The HVDC Light system will be the largest voltage source converter (VSC) installation in the United States, one of the largest worldwide, and one of the country’s longest HVDC connections.

“We’re proud to be selected once again to provide our unique service expertise to keep the important SunZia link operating at maximum efficiency, performance, and reliability,” said Andreas Berthou, global head of the HVDC business at Hitachi Energy. “With our service solutions, we are building a partnership ecosystem to ensure continued support to the HVDC link throughout its lifetime, delivering cutting edge digital service with sustainability and customer–value at its core.”

“The SunZia transmission and Wind projects provide a roadmap to accelerate the transition to renewable energy,” said Paul Haberlein, VP of Operational Excellence at Pattern Energy. “SunZia will play a vital role in delivering clean and sustainable energy to Western states. Pattern selected Hitachi Energy, a global technology leader, as our partner to engineer, manufacture and maintain the HVDC converter stations after they enter operation.”

Service for an HVDC system includes a wide range of activities and support, including scheduled maintenance, cyber services, on–site engineering support and life cycle assessment of the HVDC Light stations.

Hitachi Energy recognizes that the energy transition begins with existing infrastructure and the company is championing the urgency and the pace of change needed to reach Net Zero.  Leveraging on the company’s century of experience and expertise, its dedicated teams deliver exceptional service solutions that cover the entire life cycle of their customer’s assets, ensuring resilient operations. The company offers expert advice at every stage of the process across the whole portfolio, addressing both present and future needs to help customers achieve a sustainable energy future.

Hitachi Energy pioneered commercial HVDC technology 70 years ago and has delivered more than half of the world’s HVDC projects and has the largest installed base of HVDC in the world.

Notes to editors

1 https://www.hitachienergy.com/se/sv/about–us/customer–success–stories/sunzia
2 https://www.hitachienergy.com/services–and–consulting/services/encompass–agreements
3 https://sunzia.net/impact/

– End –

About Hitachi Energy 
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We are advancing the world’s energy system to be more sustainable, flexible and secure and we collaborate with customers and partners to enable a sustainable energy future – for today’s generations and those to come. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries, serving customers in utility, industry, transportation, data centers and infrastructure sectors. With innovative technologies and services including the integration of more than 150 gigawatts of HVDC links into the power system, we help make the energy value chain more efficient, making electricity more accessible to all. Together with stakeholders across sectors and geographies, we enable the digital transformation required to accelerate the energy transition towards a carbon–neutral future. Headquartered in Switzerland, we employ around 45,000 people in 90 countries and generate business volumes of around $13 billion USD. 

https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co–creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

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GLOBENEWSWIRE (Distribution ID 9112623)

Anaqua présente la version 8 de PATTSY WAVE, son logiciel de gestion de la propriété intellectuelle

BOSTON, 07 mai 2024 (GLOBE NEWSWIRE) — Anaqua, leader des technologies de gestion de la propriété intellectuelle (PI) et de l’innovation, lance dès aujourd’hui la version 8 de PATTSY WAVE. Il s’agit de la toute dernière version de son logiciel dédié à la gestion des brevets et des marques. Avec cette annonce, la version 8 de PATTSY WAVE offre une expérience simplifiée de gestion de la PI pour les professionnels qui travaillentau sein des entreprises et cabinets de PI, visant à leur faire gagner en efficacité dans l’exécution de leurs tâches quotidiennes.

Conçues pour simplifier les flux de travail, réduire les risques d’erreur et fournir des données de qualité, les fonctionnalités repensées de cette nouvelle version permettent à tous les professionnels de la PI de mieux gérer leurs portefeuilles, de manière plus simple et plus précise. Ces nouvelles fonctionnalités comprennent :

  • Un portail dédié aux inventeurs : outil de pointe développé pour améliorer la collaboration entre les inventeurs et les équipes juridiques. Ce portail standardise les pratiques de divulgation des inventions au moyen de questionnaires personnalisables développés selon une approche no–code et rend plus intuitifs les dispositifs de suivi de récompenses des inventeurs, tout en automatisant les flux de travail applicables à l’instruction des dossiers.
  • Un volet API : Le module d’extension d’API rend le partage des données avec des applications tierces fiable et cohérent, et permet aux utilisateurs de récupérer et de traiter des données bibliographiques depuis n’importe quel module principal du logiciel PATTSY WAVE.
  • Un nombre illimité de parties et des rôles personnalisables : PATTSY WAVE permet désormais aux utilisateurs d’associer un nombre illimité de contractants responsables d’un dossier. Ils peuvent également définir des rôles propres à leur organisation et créer des rôles spécialisés par type d’actions.

La version 8 de PATTSY WAVE offre également une meilleure expérience utilisateur et intègre des fonctionnalités renforcées de validation des données pour donner une vision globale et fournir un historique détaillé des missions légales, mettant ainsi un système complet et intuitif à la disposition de chaque utilisateur.

Pour Bob Romeo, PDG d’Anaqua, « Le lancement de la version 8 de PATTSY WAVE traduit l’engagement continu d’Anaqua à rendre les professionnels de la PI plus autonomes en mettant à leur disposition des solutions au service de l’innovation qui leur font gagner en efficacité et en productivité, tout en réduisant les risques liés à l’exercice de leurs fonctions. Cette nouvelle version répond parfaitement aux besoins des professionnels de la PI en quête d’une solution moderne et intégrée pour mener leurs opérations de propriété intellectuelle avec rapidité, précision, et contrôle personnalisable. »

Pour en savoir plus sur la version 8 de PATTSY WAVE et ses nouvelles fonctionnalités, rendez–vous sur anaqua.com/fr/pattsy–wave/.

À propos d’Anaqua
Anaqua, Inc. est un fournisseur de premier plan de solutions et services technologiques intégrés de gestion de la propriété intellectuelle (PI). Ses logiciels, AQX® et PATTSY WAVE®, combinent les meilleurs outils pour définir une stratégie de PI avisée. Ses technologies, qui reposent notamment sur des workflows et des capacités d’analyses avancés, offre un environnement de travail intelligent conçu pour prendre de meilleures décisions et optimiser les opérations de PI. Aujourd'hui, près de la moitié des 100 premiers déposants de brevets américains et des marques mondiales, ainsi qu'un nombre croissant de cabinets de conseils en PI dans le monde, utilisent les solutions Anaqua. Plus d'un million de décideurs, avocats, juristes, gestionnaires et innovateurs utilisent les logiciels Anaqua pour leurs besoins de gestion de la PI. Le siège de la société est situé à Boston, avec des bureaux aux États–Unis, en Europe, en Asie et en Australie. Pour de plus amples informations, veuillez consulter le site anaqua.com, ou la page entreprise d’Anaqua sur LinkedIn.

Contact presse :
Amanda Glagolev
Directrice de la communication
Anaqua
+1–617–375–5808
aglagolev@anaqua.com


GLOBENEWSWIRE (Distribution ID 9112617)

Anaqua präsentiert IP-Management-Software PATTSY WAVE Version 8

MÜNCHEN, Deutschland und BOSTON, May 07, 2024 (GLOBE NEWSWIRE) — Anaqua, der weltweit führende Technologieanbieter für Innovation und Management von geistigem Eigentum (IP), gibt heute die Markteinführung von PATTSY WAVE Version 8, der neuesten Version der Patent– und Markenmanagement–Software, bekannt. Damit wird das IP–Management für Experten in Unternehmen und Anwaltskanzleien weiter optimiert und das Erledigen von Aufgaben noch effizienter gestaltet.

Die neue Version wurde entwickelt, um Arbeitsabläufe weiter zu vereinfachen, Risiken zu minimieren und die Genauigkeit zu erhöhen. Fachleuten des gewerblichen Rechtsschutzes können so ihre Aufgaben mit größerer Präzision und Leichtigkeit verwalten.  

Zu den neuen Funktionen gehören: 

  • Erfinder–Portal: Ein hochmodernes Tool, das die Zusammenarbeit zwischen Erfindern und Rechtsabteilungen verbessert. Das Erfinderportal rationalisiert den Prozess der Erfindungsmeldung mit anpassbaren, codefreien Fragebögen, intuitiven Nachverfolgungsmechanismen für Erfinderauszeichnungen und automatisierten Workflows für die juristische Bearbeitung. 
  • APIs: Die APIs von PATTSY WAVE bieten einen standardisierten, zuverlässigen Mechanismus für den Datenaustausch mit externen Anwendungen. Die Kunden können bibliografische Daten und Aktionsdaten von jedem der Hauptmodule von PATTSY WAVE abrufen.  
  • Unbegrenzte Anzahl von Benutzergruppen und anpassbare Rollen: Benutzer können eine unbegrenzte Anzahl von verantwortlichen Benutzergruppen für jede Aufgabe zuweisen. Teams können auch Rollen für ihre Organisation definieren und spezielle Rollen für Aktionskategorien erstellen. 

PATTSY WAVE Version 8 bietet außerdem eine verbesserte Benutzerfreundlichkeit und Funktionalität mit erweiterter Datenvalidierung. So wird eine globale Abdeckung und eine detaillierte Zuweisungshistorie in einem umfassendes und intuitives System gewährleistet. 

“Mit der Veröffentlichung von PATTSY WAVE Version 8 setzt Anaqua sein Engagement fort, Fachleuten im Bereich des geistigen Eigentums innovative Lösungen an die Hand zu geben, die die Effizienz steigern, Risiken reduzieren und die Produktivität steigern”, so Bob Romeo, CEO von Anaqua. “Version 8 ist die ideale Lösung für IP–Profis, die ein modernes, integriertes Tool suchen, um ihre IP–Aktivitäten mit hoher Geschwindigkeit, Genauigkeit und exakter Kontrolle zu steuern.” 

Weitere Informationen zu PATTSY WAVE Version 8 und seine Funktionen finden sie unter: anaqua.com/pattsy–wave/

Über Anaqua

Anaqua, Inc. ist ein führender Anbieter von integrierten Technologielösungen und Dienstleistungen für das Management von geistigem Eigentum (IP) für Unternehmen und Anwaltskanzleien. Die IP–Management–Softwarelösungen AQX® und PATTSY WAVE® bieten Best–Practice–Workflows mit Big–Data–Analysen und technologiegestützten Dienstleistungen, um eine intelligente Umgebung zu schaffen, die die IP–Strategie informiert, die IP–Entscheidungsfindung ermöglicht und die IP–Abläufe rationalisiert, zugeschnitten auf die Bedürfnisse jedes Segments. Heute nutzen fast die Hälfte der 100 größten US–Patentanmelder und globalen Marken sowie eine wachsende Zahl von Anwaltskanzleien weltweit die Lösungen von Anaqua. Mehr als eine Million IP–Führungskräfte, Anwälte, Rechtsanwaltsgehilfen, Administratoren und Innovatoren nutzen die Plattform für ihre IP–Management–Anforderungen. Der Hauptsitz des Unternehmens befindet sich in Boston, mit weiteren Niederlassungen in den USA, Europa, Asien und Australien. Weitere Informationen finden Sie unter anaqua.com oder auf Anaquas LinkedIn.

Pressekontakt:
Amanda Glagolev
Director, Communications
Anaqua
617–375–5808
aglagolev@anaqua.com


GLOBENEWSWIRE (Distribution ID 9112617)

Anaqua Unveils PATTSY WAVE Version 8 IP Management Software

BOSTON, May 07, 2024 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property (IP) management technology, today announces the launch of PATTSY WAVE Version 8, the latest release of the patent and trademark management software. With this announcement, PATTSY WAVE Version 8 offers a streamlined IP management experience for IP professionals in corporations and law firms focused on efficient task execution.

Created to simplify workflows, mitigate risk, and elevate accuracy, Version 8’s new components help IP professionals manage their portfolios with greater precision and ease. New capabilities include:

  • Inventor Portal: A cutting–edge tool that enhances collaboration between inventors and legal teams. The Inventor Portal streamlines the invention disclosure process with customizable, no–code questionnaires, intuitive tracking mechanisms for inventor awards, and automated workflows for legal processing.
  • APIs: PATTSY WAVE’s APIs will provide a standard, reliable mechanism to share data with external applications. Clients will be able to retrieve bibliographic and action data from any of PATTSY WAVE’s primary modules.
  • Unlimited Parties & Customizable Roles: Users can now assign an unlimited number of responsible parties to any matter. Teams can also define roles applicable to their organization and create specialized roles associated with Action Categories.

PATTSY WAVE Version 8 also includes enhanced user experience and functionality with expanded data validation to provide global coverage and detailed assignment history, ensuring a comprehensive and intuitive system for all.

“With the release of PATTSY WAVE Version 8, Anaqua continues our commitment to empowering intellectual property professionals with innovative solutions that enhance efficiency, reduce risk, and drive productivity,” said Bob Romeo, CEO at Anaqua. “Version 8 is the ideal solution for IP professionals seeking a modern, integrated tool to drive their IP operations with speed, accuracy and control.”

For more information about PATTSY WAVE Version 8 and its latest features, visit anaqua.com/pattsy–wave/.

About Anaqua

Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX® and PATTSY WAVE®, both offer best practice workflows with big data analytics and tech–enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision–making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, Asia, and Australia. For additional information, please visit anaqua.com, or on Anaqua's LinkedIn.

Company Contact:
Amanda Glagolev
Director, Communications
Anaqua
617–375–5808
aglagolev@anaqua.com


GLOBENEWSWIRE (Distribution ID 9112617)

Zenas BioPharma Announces Upsized $200 Million Series C Financing to Advance Mid- and Late-Stage Immunology-Focused Clinical Development Programs

Financing led by SR One, NEA, Norwest Venture Partners, and Delos Capital with significant participation from Enavate Sciences, Longitude Capital, and other new and existing investors

Proceeds to support ongoing mid– to late–stage clinical development programs for Company’s lead I&I product candidate, obexelimab

WALTHAM, Mass., May 07, 2024 (GLOBE NEWSWIRE) — Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology–directed therapies, today announced the closing of an upsized $200 million Series C preferred stock financing. The financing round was led by SR One along with NEA, Norwest Venture Partners, and Delos Capital with significant participation from Enavate Sciences and Longitude Capital. Additional new investors, the Federated Hermes Kaufmann Funds, and Arrowmark Partners, along with existing investors, Fairmount, Wellington Management, Rock Springs Capital, Pivotal bioVenture Partners, Vivo Capital, Quan Venture Fund, and Superstring Capital participated in the financing. In conjunction with the financing, Jake Nunn, venture partner at SR One, and Tim Xiao, Partner at Delos Capital, joined Zenas’ Board of Directors.

Proceeds will support ongoing mid– to late–stage clinical development programs for the Company’s lead product candidate, obexelimab, a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb to inhibit the activity of B cells, plasmablasts, and CD19–expressing plasma cells.

The obexelimab clinical programs include an ongoing Phase 3 registration–directed trial in IgG4–Related Disease, two planned Phase 2 randomized controlled trials in Multiple Sclerosis and Systemic Lupus Erythematosus, and an ongoing open label Phase 2 trial in Warm Autoimmune Hemolytic Anemia.

“We are pleased and appreciative of the support we have received from this group of tremendous life sciences investors as we advance the ongoing obexelimab development program across multiple auto–immune diseases,” said Lonnie Moulder, Founder and Chief Executive Officer of Zenas BioPharma. “Their commitment to Zenas is a testament to our vision to be a global leader in bringing innovative immunology–based therapies to patients around the world. This financing enables us to complete multiple potentially value driving clinical programs.”

“We are excited to support Zenas’ continued progress toward its goal of becoming a global leader in innovative immunology–based therapies, and we are confident in the capabilities of this exceptional team to advance the comprehensive development program for obexelimab across multiple potential indications,” said Jake Nunn, venture partner at SR One. “At SR One, we invest in companies like Zenas whose science has the potential to rewrite the medical textbooks and meaningfully transform patient care. We are proud to serve as lead investor alongside an exceptional syndicate and look forward to supporting Zenas in advancing a pipeline of innovative new therapeutic approaches for patients living with inflammatory and immune–mediated diseases.”

About Obexelimab

Obexelimab is a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb to inhibit B–lineage cell activity.  Obexelimab has demonstrated clinical activity and was well–tolerated in five clinical trials, including in several autoimmune diseases, in which 198 subjects were dosed. In these clinical studies, obexelimab demonstrated inhibition of B cell function without depleting the cells, resulting in encouraging treatment effect in patients with various autoimmune diseases. Zenas acquired exclusive worldwide rights to obexelimab from Xencor, Inc. Obexelimab is currently being studied in a global Phase 3 clinical study in patients with IgG4–Related Disease and a global Phase 2/3 study in patients with Warm Autoimmune Hemolytic Anemia (wAIHA). Clinical development of obexelimab for Multiple Sclerosis and Systemic Lupus Erythematosus is under way. 

More information on the Phase 3 (INDIGO) study for the treatment of IgG4–Related Disease is available at clinicaltrials.gov: NCT05662241. More information on the Phase 2/3 (SApHiAre) study for the treatment of wAIHA is available at clinicaltrials.gov: NCT05786573. 

About Zenas BioPharma

Zenas BioPharma is a clinical–stage global biopharmaceutical company committed to becoming a leader in the development and commercialization of inflammation and immunology (I&I) directed therapies for patients in need around the world. With clinical development capabilities and operations globally, Zenas is advancing a portfolio of potentially differentiated autoimmune therapeutics in areas of high unmet medical need. Zenas’ experienced leadership team and network of business partners drive operational excellence to deliver potentially transformative therapies to improve the lives of those facing autoimmune and rare diseases. For more information about Zenas BioPharma, please visit www.zenasbio.com and follow us on X at @ZenasBioPharma and LinkedIn.

About SR One

SR One is a transatlantic biotechnology venture capital firm that collaborates with entrepreneurs and investment partners in an effort to build elite biotechnology companies. The Company’s mission is to translate innovative technologies and scientific discoveries into next–generation medicines with the potential to benefit patients with significant unmet medical needs. SR One leadership has worked together to build and invest in biotechnology companies for more than a decade. Working alongside the investment team, SR One’s venture partners bring deep operational experience to help company creation initiatives and support portfolio companies with financing and corporate strategies. SR One has offices in Redwood City, CA, and Philadelphia, PA, in the US and London in the UK. For more information, please visit www.srone.com.

About NEA

New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. Founded in 1977, NEA has over $25 billion in assets under management as of December 31, 2023, and invests in technology and healthcare companies at all stages in a company's lifecycle, from seed stage through IPO. The firm's long track record of investing includes more than 270 portfolio company IPOs and more than 450 mergers and acquisitions. For more information, please visit www.nea.com.

About Norwest Venture Partners

Norwest Venture Partners is a global venture and growth equity investment firm managing more than $15.5 billion in capital. Since its inception, Norwest has invested in more than 700 companies and currently partners with more than 230 companies in its venture and growth equity portfolio. The firm invests in early– to late–stage businesses across key sectors with a focus on enterprise, consumer and healthcare. The Norwest team offers a deep network of connections, extensive operating experience, and a wide range of impactful services to help CEOs and founders scale their businesses. Norwest has offices in Menlo Park and San Francisco, Calif.; Mumbai, India; and Tel Aviv, Israel. For more information, please visit www.nvp.com.

About Delos Capital

Delos Capital is a life sciences investment firm that partners with extraordinary teams pursuing breakthrough medicines that meaningfully improve the lives of patients. We are a collaborative, global team of seasoned biotech investors, company–builders, operators, and industry analysts, and we aim to serve the companies into which we invest by bringing both capital and substantive biotech expertise. We have designed, built, financed, and supported both novel platforms and approved medicines that strengthen hundreds of millions of lives across the world. Our global team is spread across offices in Cambridge, MA and in East Asia, allowing us to blend deep experiences operating at the epicenter of global biotech venture with proprietary insights into innovations from emerging biotech clusters. Delos Capital currently manages three funds, with ~US$600 million in total capital under management. For more information, please visit www.deloscapital.com.

Investor and Media Contact:
Argot Partners
Zenas@argotpartners.com

 


GLOBENEWSWIRE (Distribution ID 9111837)