TaiMed Biologics and AcedrA BioPharmaceuticals Partner to Commercialize Trogarzo® (Ibalizumab-uiyk) in the Middle East and North Africa Region

TAIPEI, Taiwan and RIYADH, Saudi Arabia, March 18, 2024 (GLOBE NEWSWIRE) — Taimed Biologics (“TaiMed”), a publicly held Taiwanese biotechnology company, signed an Exclusive License and Distribution Agreement with AcedrA BioPharmaceuticals (“AcedrA”), a Saudi Arabia–based company operating in Middle East and North Africa region, to satisfy the unmet medical needs, under which AcedrA will register, promote and commercialize Trogarzo® (Ibalizumab–uiyk) in the MENA region.

Trogarzo® has been approved by the United States Food and Drug Administration to treat adults infected with Human Immunodeficiency Virus type 1 (HIV–1), a virus that causes Acquired Immune Deficiency Syndrome (AIDS). Trogarzo® is given with other HIV medicines when none of the standard combinations work to control the infection because the virus is resistant to them (multi–drug resistant HIV).

“We are excited to broaden the reach of Trogarzo® to HIV patients in new countries. AcedrA has a focus on working with rare and orphan drugs, and this agreement gives us a great opportunity to enter the MENA region over a short time frame,” said Dr. Jimmy Chang, Chief Executive Officer of TaiMed. “This is yet another significant step that aims to bring shareholder value through the realization of the full commercial potential of Trogarzo®.”

Under the terms of this agreement, AcedrA will be responsible in providing Trogarzo® in reply to named–patient requests through which physicians can legally and ethically prescribe Trogarzo® for patients prior to commercial availability. AcedrA, then, by a wider array of distribution activities, will be responsible for regulatory, sales, marketing, medical, and distribution in the MENA region.

“AcedrA is responsibly engaged to serve communities where there are significant unmet therapeutic needs in the MENA region; we do believe that a synergy between AcedrA and TaiMed to make affordable the access to Trogarzo® will improve clinical outcomes for HIV patients with limited therapeutic options,” said Dr. Hosni STA, the Chief Executive Officer of AcedrA. “We are committed to be a patient–centric company working closely with healthcare providers in the MENA region, and we will be pleased to partner with TaiMed strategically to improve patients' lives in the region.”

About TaiMed Biologics: TaiMed Biologics was founded in 2007 and has devoted itself as a leading biopharmaceutical developer and manufacturer of innovative biologics drugs. TaiMed has developed a first–in–class anti–HIV antibody drug ibalizumab–uiyk (Trogarzo®) approved by the US FDA in 2018. Leveraging on the experience of developing Trogarzo® and other novel, long–acting anti–HIV monoclonal antibodies in the pipeline, TaiMed has also become a Contract Development and Manufacturing Organization (CDMO), offering manufacturing solutions that will enable partners to discover, develop, and manufacture biologics from the bench to market. For more information, please visit http://www.taimedbiologics.com.

About Trogarzo® (Ibalizumab–uiyk):

Trogarzo®, a registered trademark of TaiMed Biologics Inc., is a CD4–directed post–attachment HIV–1 inhibitor. Trogarzo® is a humanized monoclonal antibody that binds to domain 2 of CD4 on the surface of immune cells. The HIV–1 envelope glycoprotein (gp120) binds to domain 1 of CD4. Through steric hindrance, Trogarzo® blocks the steps required for viral entry without interfering in normal CD4–mediated immune functions. Trogarzo® is the first and only long–acting mAb antiviral agent against HIV–1 approved by the USFDA with a proven safety profile.

Trogarzo®, a CD4–directed post–attachment HIV–1 inhibitor, in combination with other antiretroviral(s), is indicated for the treatment of human immunodeficiency virus type 1 (HIV–1) infection in heavily treatment–experienced adults with multidrug resistant HIV–1 infection failing their current antiretroviral regimen.

Patients and Healthcare Providers can obtain details about Trogarzo® at: www.trogarzo.com

Healthcare professionals can contact AcedrA BioPharmaceuticals to know more about the Trogarzo® Early/Special Access program by:

Telephone KSA Office: +966 11 400 0036
Telephone UAE Office: +971 4 88 55 083
Telephone Tunisia Office: +216 70 287 207
Email: medical.affairs@acedrarx.com or EAP@acedrarx.com

About AcedrA BioPharmaceuticals:

AcedrA Pharmaceutical Company (also known as AcedrA BioPharmaceuticals) is a specialized company dedicated in operating in unmet medical & commercial needs for contributing to the patient care covering the region of the Middle East & Africa from the Kingdom of Saudi Arabia. AcedrA is a Saudi company based in the capital Al Riyadh with offices in United Arab Emirates, Dubai, and Tunisia, Tunis; focused on Marketing & Distribution of Pharmaceuticals & Biotechnology of Niche Therapeutic Segments Novel Portfolios: Rare Diseases, Orphan Drugs, Haematology, Oncology, Metabolic Diseases, Genetic Disorders, Enzyme Replacement Therapies, Recombinant Technologies, Life Threatening Conditions Medicines, Neurology, Biosimilars, etc.

To know more about AcedrA BioPharmaceuticals: www.acedrarx.com or send your inquiry to: info@acedrarx.com

For Media: media@acedrarx.com

AcedrA Media Contact:

Dr. Ameera Abu Jarour
Quality & Business Support Manager
Tel: +966 11 400 0036
Email: ameera.abj@acedrarx.com
Eng. Layla Wahabi
Chief Compliance Officer
Tel: +966 11 400 0032
Email: layla.wah@acedrarx.com 

TaiMed Media Contact:

Jack Chen
Chief Financial Officer
Email: jchen@taimedbio.com


GLOBENEWSWIRE (Distribution ID 1000929841)

The Kingdom of Saudi Arabia and Rezolve AI Ink Pioneering MOU to Establish Global AI Market Leaders

  • Establishment of an AI Centre of Excellence in Saudi Arabia
  • Creation of Global Market Leaders

(Please Note on December 17, 2021, Rezolve AI entered into a definitive Business Combination Agreement (as amended and restated on June 16, 2023, the “Business Combination Agreement”) with Armada Acquisition Corp. I (NASDAQ: AACI), a publicly traded special purpose acquisition company, which is expected to close in H1 2024, subject to approval by Armada’s shareholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions. Upon closing of the transaction, the combined company’s shares are expected to trade on the Nasdaq under the ticker symbol “ZONE”.)

LONDON, March 18, 2024 (GLOBE NEWSWIRE) — In a strategic move that highlights the Kingdom of Saudi Arabia's commitment to technological advancement and economic growth, the Ministry of Investment of Saudi Arabia (MISA) has forged a groundbreaking partnership with Rezolve AI Limited. This collaboration is set to revolutionize the artificial intelligence (AI) landscape, establishing an AI Centre of Excellence in Saudi Arabia as a cornerstone of Vision 2030's innovation and development goals.

Key Highlights of the Partnership:

• Establishment of an AI Centre of Excellence in Saudi Arabia: To serve as a hub for innovation, leveraging Rezolve AI's unique technology to navigate and solve the industry's pressing challenge of AI hallucinations, ensuring the creation of reliable and ethical AI solutions.

• Creation of Global Market Leaders: In partnership with the Ministry of Investment, the goal is to launch at least five AI ventures in diverse market sectors, funded and headquartered locally, each aspiring to become global market leaders. These ventures will leverage Rezolve's cutting–edge AI Large Language Model (brainpowa) to foster innovation and ensure global leadership without succumbing to AI hallucinations.

The initiative is integral to Saudi Arabia’s strategic vision, positioning the Kingdom not just as a leader in AI technology but also as the foundation for global AI–driven companies. This underscores Saudi Arabia's role as a nucleus for technological innovation and economic diversification.

The Ministry of Investment will facilitate the participation of leading public and private financial and corporate institutions to anchor and support Rezolve’s upcoming listing on NASDAQ. This demonstrates KSA's commitment to being open for business and welcoming the next generation of global leaders, encouraging them to base their operations and Headquarters in the Kingdom.

At the signing ceremony in Riyadh last week, Saleh Al–Khabti, Deputy Minister of Investment Transactions for the KSA, and Dan Wagner, CEO and Chairman of Rezolve AI Limited, underscored the transformative potential of this partnership. It marks a significant milestone in Saudi Arabia's journey toward becoming a global technology powerhouse, showcasing the Kingdom’s commitment to nurturing the growth of next–generation technology leaders on an international stage.

About Rezolve AI Limited

Rezolve is taking retailing into a new era of customer engagement with a proprietary mobile engagement platform. The Rezolve Platform is a powerful set of mobile commerce and engagement capabilities that provide mobile application vendors with a range of valuable commercial opportunities that can be realized without having to develop code, host operations or manage security. The Rezolve Inside SDK allows mobile application vendors to quickly deliver innovation for their consumers into existing or new mobile apps. Rezolve was founded in 2016, is headquartered in London, UK and has offices including: Shanghai, New Delhi, Taipei, Frankfurt, Madrid, Mexico City and Providence, RI, USA. (www.rezolve.com)

About Armada Acquisition Corp. I

Armada Acquisition Corp. I (Nasdaq: AACI) is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Armada was founded on November 5, 2020 and is headquartered in Philadelphia, PA.

Media contacts:

Ministry of Investment, Kingdom of Saudi Arabia:
InvestorCare@misa.gov.sa

Rezolve:
urmeekhan@rezolve.com
44–7576–094–040

Armada Acquisition Corp:
Mike Bishop Bishop IR, LLC mike@bishopir.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c01e8271–55cc–41e5–818e–e68133cdc513


GLOBENEWSWIRE (Distribution ID 9064927)

التطابق المثالي: الأسطورة الأمريكية جون ماكنرو يدخل في شراكة مع ببرستون

MELBOURNE, Australia, March 18, 2024 (GLOBE NEWSWIRE) — عقد أحد أعظم اللاعبين وأكثرهم إثارة في تاريخ التنس شراكة مع ببرستون، حيث انضم جون ماكنرو، المصنف الأول عالميًا سابقًا وبطل الفردي في البطولات الأربع الكبرى سبع مرات، إلى وسيط الفوركس وعقود الفروقات المعروف عالميًا.

ينضم ماكنرو إلى الأسترالي والمصنف رقم ٩ الحالي عالميًا أليكس دي مينور في مجموعة نجوم ببرستون، حيث أصبح الأمريكي أحد سفراء ببرستون العالميين للتنس.

لا يشتهر ماكنرو ببراعته الاستثنائية في التنس فحسب، بل أيضًا بشخصيته الجذابة والصريحة في كثير من الأحيان، داخل الملعب وخارجه.

بصفته المصنف الأول عالميًا سابقًا، ساعد ماكنرو في تعريف عالم التنس الحديث وعزز سمعته بالأداء الاستثنائي.

بالإضافة إلى ذلك، تُظهر جهوده الخيرية لمختلف المؤسسات الخيرية وتنمية الشباب التزامه بإحداث تأثير إيجابي.

قال البطل السابق إنه سعيد بالانضمام إلى فريق ببرستون بالنظر إلى سجلهم الحافل في دعم هذه الرياضة.

قال ماكنرو “لم أتمكن من طلب شريك زوجي أفضل من بيبرستون. لديهم تاريخ في دعم التنس ومن الواضح أنهم متحمسون لمستقبل الرياضة مثلي“.

نظرًا لكوننا شريكًا بلاتينيًا في اتحاد لاعبي التنس المحترفين ونمتلك حقوق تسمية تصنيفات ببرستون ATP، فإن ببرستون تدعم التنس على نطاق عالمي.”

قال تاماس زابو، الرئيس التنفيذي لشركة ببرستون، إن ماكنرو هو الشخص المناسب تمامًا للشراكة مع ببرستون.

وقال السيد زابو: “جون هو رمز للتنس يمتد تأثيره إلى ما هو أبعد من إنجازاته الرائعة في الملعب، ونحن نتطلع بشدة إلى العمل معه كسفير عالمي للتنس”. “ستظل شركة ببرستون فخورة دائمًا بكونها الشريك البلاتيني لرابطة لاعبي التنس المحترفين، وسنواصل دعم رياضة التنس الرائعة لسنوات قادمة.”

فيديو إعلان جون     
https://youtu.be/TZwrK–8ca60

صورة

تاماس زابو، الرئيس التنفيذي لمجموعة ببرستون

جون ماكنرو، سفير ببرستون العالمي للتنس


نبذة عن بيبرستون:

تأسست ببرستون في عام ٢٠١٠، وتطورت لتصبح وسيطًا عالميًا لتداول العملات الأجنبية وعقود الفروقات عبر الإنترنت حائزًا على جوائز ومعروفًا بتقديم خدمة عملاء استثنائية وعمليات سحب لعشرات الآلاف من العملاء حول العالم. لدى ببرستون شركات تابعة في جميع أنحاء العالم وتخضع لرقابة هيئة الأوراق المالية والاستثمارات الأسترالية (ASIC)، وهيئة السلوك المالي في المملكة المتحدة (FCA)، وهيئة الأوراق المالية والبورصات القبرصية (CySec)، وهيئة الأوراق المالية في جزر البهاما (SCB)، سلطة دبي للخدمات المالية (DFSA)، والهيئة الاتحادية للرقابة المالية (BaFin)، وهيئة أسواق المال الكينية (CMA).

لمزيد من المعلومات، يرجى زيارة www.pepperstone.com

بيبرستون: التسويق والإعلامmedia@pepperstone.com

الصورة المصاحبة لهذا الإعلان متاحة على
https://www.globenewswire.com/NewsRoom/AttachmentNg/709938f8–4466–4439–b732–57e0b472ff5c/ar


GLOBENEWSWIRE (Distribution ID 9064937)

Perfect Match: American Legend John McEnroe Joins Forces With Pepperstone

MELBOURNE, Australia, March 18, 2024 (GLOBE NEWSWIRE) — One of the greatest and most exciting players in tennis history has partnered with Pepperstone, with former World No. 1 and seven–time grand slam singles champion John McEnroe joining forces with the globally recognised Forex (FX) and Contracts for Difference (CFD) broker.

McEnroe joins Australian and current World No. 9 Alex de Minaur in Pepperstone’s stable of stars, with the American becoming one of Pepperstone’s Global Tennis Ambassadors.

McEnroe is not only renowned for his exceptional tennis prowess but also for his charismatic and often outspoken personality, both on and off the court.

As a former World No. 1, McEnroe helped define the world of modern tennis and solidified a reputation for exceptional performance.

Additionally, his philanthropic efforts for various charities and youth development showcases his commitment to creating a positive impact.

The former champion said he was happy to join the Pepperstone team considering their track record of supporting the sport.

“I couldn’t ask for a better doubles partner than Pepperstone. They’ve got a history of supporting tennis and they’re clearly as passionate about the future of the sport as I am,” McEnroe said.

“Having been a Platinum Partner of the ATP and holding the naming rights of the Pepperstone ATP Rankings, Pepperstone supports tennis on a global scale.”

Pepperstone CEO Tamas Szabo said McEnroe is the perfect fit to partner with Pepperstone.

“John is a tennis icon whose influence extends beyond his remarkable achievements on the court, and we very much look forward to working together with him as our Global Tennis Ambassador,” Mr Szabo said. “Pepperstone will always be proud of being a Platinum Partner of the ATP, and we will continue to support the great sport of tennis for years to come.”

John Announcement Video – https://youtu.be/TZwrK–8ca60

IMAGE: 
Tamas Szabo, Pepperstone Group CEO
John McEnroe, Pepperstone Global Tennis Ambassador

____________________________________________

About Pepperstone:

Established in 2010, Pepperstone has grown to become an award–winning online global forex and CFD broker known for delivering exceptional client service and withdrawals to tens of thousands of clients around the world. Pepperstone has subsidiaries across the globe and is regulated by the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySec), the Securities Commission of The Bahamas (SCB), the Dubai Financial Services Authority (DFSA), the Federal Financial Supervisory Authority (BaFin) and The Capital Markets Authority of Kenya (CMA).

For more information, please visit www.pepperstone.com

Pepperstone: Marketing & Media media@pepperstone.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/709938f8–4466–4439–b732–57e0b472ff5c


GLOBENEWSWIRE (Distribution ID 9064937)

Gender Rights: Resistance Against Regression

Credit: Silvana Flores/AFP via Getty Images

By Inés M. Pousadela
MONTEVIDEO, Uruguay, Mar 18 2024 – Global progress on gender rights has slowed almost to a halt. After decades of steady progress, demands for the rights of women and LGBTQI+ people now play out on bitterly contested territory. Over the course of several decades, global movements for rights won profound changes in consciences, customs and institutions. They elevated over half of humanity, excluded for centuries, to the status of holders of rights.

The reaction is intense. Gains for feminist and LGBTQI+ movements have brought severe backlash. In the last year, this has been apparent all over the world, from Russia’s crackdown on LGBTQI+ activism, to new extreme anti-gay laws in Ghana and Uganda, to anti-trans hysteria in the USA, to the Taliban’s imposition of gender apartheid in Afghanistan and the ruling theocracy reasserting itself in Iran.

The latest State of Civil Society Report, from global civil society alliance CIVICUS, shows that crises – which invariably hit women and girls the hardest – worsened in 2023. The global femicide epidemic is showing no sign of abating and prospects of gender equality are receding. Women remain vastly underrepresented in decision-making, with only about 10 per cent of states female-headed – likely a major reason why gender-based violence, one of the most prevalent human rights violations in the world, continue to receive such little attention.

The gender gap – the unfair disparities between women and men in status and opportunities – has only barely returned to pre-pandemic levels. It’s estimated that, at the current pace, it will take another 131 years to achieve gender parity.

The story of the last year has, however, also been one of resistance. In war after war, women’s bodies have become battlefields, weapons and bounty – but still, women are refusing to be pigeonholed as victims and are standing at the forefront of humanitarian response and peacebuilding efforts, including in Gaza, Sudan and Ukraine.

Anti-gender narratives are making headway on all continents and across cultural and ideological divides, driven by well-organised and well-connected anti-rights movements. Supported by powerful conservative foundations, anti-rights movements are much better funded than their progressive counterparts, and they’re coopting human rights language to shift the narrative. In country after country, anti-rights discourse is being instrumentalised for political gain and driving a rise in attacks on activists who defend women’s and LGBTQI+ people’s rights. But brave activists around the world are rising to the occasion, devoting increasing efforts to defending hard-won rights. And they’ve still managed to achieve some memorable victories in the process.

Thanks to sustained civil society activism, last year Mexico legalised abortion, Mauritius defied the African anti-LGBTQI+ trend by decriminalising same-sex relations, Estonia became the first ex-Soviet nation to legalise same-sex marriage, and Latvia and Nepal took crucial steps towards equal rights. Long-term struggles for marriage equality continue in every region, recently coming to fruition in Greece and likely soon in Thailand as well.

Amid rising femicides, women are mobilising against gender-based violence in numerous countries, from Italy to Kenya to Bulgaria, sometimes scoring significant policy changes.

Even in the direst of circumstances, women are finding new ways to resist oppression. In Afghanistan and Iran, they’re circumventing restrictions by holding clandestine demonstrations and building international solidarity. Last year, besieged Afghan and Iranian women joined together to launch the End Gender Apartheid campaign, demanding international recognition – and condemnation – of their countries’ regimes as based on gender apartheid. They want the 1973 UN Convention on the Suppression and Punishment of the Crime of Apartheid, which so far applies only to racial hierarchies, extended to gender. They want this specific and extreme form of gender-based exclusion to be codified as a crime under international law so that those responsible can be prosecuted and punished. United Nations human rights experts are already acknowledging and amplifying these efforts.

In the USA, the source of so much of the global backlash, LGBTQI+ rights are under unprecedented strain and abortion rights are at their worst state in 50 years following the 2022 Supreme Court overturning of the Roe v Wade ruling. But civil society and allies have stepped up, successfully pushing for state laws to shield abortion and LGBTQI+ rights. The pro-choice movement has regrouped to assist women lacking access to reproductive health services. They’ve managed to improve many lives and are proving it’s far from game over for gender rights.

While these are testing times, the situation would be much worse without the enormous efforts of countless civil society unsung heroes. Progress has slowed significantly, but most historic gains are enduring. Across the world, civil society is resisting – through street protest, advocacy, campaigning, solidarity, mutual support and litigation – and standing firm.

The fight is on. Short-term setbacks won’t succeed in halting long-term progress because civil society is set on keeping up the struggle until there’s freedom and equality for all.

Inés M. Pousadela is CIVICUS Senior Research Specialist, co-director and writer for CIVICUS Lens and co-author of the State of Civil Society Report.

Countering Growing Authoritarianism Requires a Robust Civil Society, Media & Academia

By Margee Ensign
BLAGOEVGRAD, Bulgaria, Mar 18 2024 – Putin’s regime has made it abundantly clear that it will violently repress and punish political opposition. Even as protestors chanted “Russia will be free!” at Nalvalny’s funeral, dozens were arrested simply for honoring his memory.

Nalvalny’s martyrdom and the crackdown on his followers points up a loss of freedom not only in Russia but around the world, as authoritarian regimes everywhere seek to stifle dissent and undermine democracy through ever-more sophisticated disinformation campaigns. It’s a lethal threat which requires a coordinated international response.

The Framework to Counter Foreign State Information Manipulation, which the US, UK, and Canada endorse, posits a multilateral approach to nurturing fact-based information ecosystems resistant to manipulation by foreign states.

That’s a start, but countering growing authoritarianism requires a bigger, more interconnected ecosystem of robust civil society, media, and academia, each of which underpin democratic values and an informed citizenry, and connect the individual to the state.

They are the institutions which nurture and amplify the voices daring to speak out against tyranny. They incubate grassroots movements pushing back against disinformation, and demanding accountability.

Universities are a key part of this mix. In the struggle to preserve freedom, they can’t stand above the political fray. They must embrace their crucial role in building courageous citizenship and equipping students to think critically and serve the higher good.

My institution, the American University in Bulgaria (AUBG) has produced people like investigative journalist Christo Grozev. He and his team exposed the operatives behind the 2018 poisoning of Sergei and Yulia Skripal in Salisbury, England, and Navalny’s poisoning in 2020, landing him on Putin’s “most-wanted” list. Grozev was prominently featured in the 2022 documentary “Navalny” and shared an Oscar for it.

Universities around the world should consciously cultivate their role in producing the next generation of Navalnys, Volkovs, and Grozevs. With Russia assuming the presidency of the BRICS bloc and expanding disinformation campaigns across the Global South, authoritarianism is getting deliberately globalized.

We therefore should be deliberate about globalizing independent journalism and courageous citizenship. Universities must make it part of their mission to nurture them, and governments and civil society need to consciously protect journalists and activists.

It’s getting more and more dangerous to be either. Youth activists engaging on social media have never been more at risk. Killings of environmental activists are at record highs. Recently more journalists died in Palestine in three months than were ever killed in a single country in a whole year.

When journalists are murdered for doing their jobs, nine out of ten times the killer walks free. So groups advocating for journalists are calling for stepped up prevention, protection, and prosecution of their attackers.

Such measures aren’t acts of charity; they are necessary, strategic defense of the infrastructure of democracy, which is under attack from disinformation campaigns. International awards and recognition, multilateral legal instruments, and diplomatic pressure are necessary but often insufficient, as Navalny’s death proves.

He had no lack of support from Western democracies, and a slew of awards from many countries, including a nomination for the Nobel Prize.

We must learn from Navalny’s death as well as his life, and from growing attacks on democracy advocates everywhere, and get serious about building a better, stronger bulwark against the rising tide of authoritarianism. The global community must invest in training, legal protection, access to international platforms, and material and moral support for journalists under threat.

Universities must own their role as crucibles for courageous inquiry, truth-telling, public service, and unflinching civic engagement. That’s why AUBG will organize a series of workshops this year in Alexei Navalny’s memory, working with journalists and government officials to recognize and redress the dangers posed by disinformation campaigns.

In the end, it is by the courage with which we pursue truth that our era will be defined and freedom will stand or fall. Journalists who face down repression and bear witness, and activists who speak truth to power, are the architects of democratic resilience.

As authoritarianism and disinformation seek to expand around the world, we must optimize and globalize not only our markets and technologies, but also our active defense of truth and democracy.

Dr. Margee Ensign is the 10th president of the American University in Bulgaria.

IPS UN Bureau

 


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