Daily Archives: May 7, 2019

Helsinn nominated as a Swiss Biotech Success Story 2019/2020 by the Swiss Biotech Association

Helsinn nominated as a Swiss Biotech Success Story 2019/2020 by the Swiss Biotech Association

Switzerland, May 7, 2019: Helsinn, a Swiss pharmaceutical group focused on building quality cancer care products, today announces that it is one of the companies to have been nominated as one of the Swiss Biotech Association’s Biotech Success Stories for the period 2019/2020.

Helsinn was nominated alongside Actelion and Debiopharm, as well as three foundations Venture Foundation, Venturelab and Venture Kick. For the first time, the nominees include an individual: Prof. Dr. Werner Arber, who was awarded the 1978 Nobel Prize in Physiology or Medicine.

Each year, the Swiss Biotech Association presents companies with the “Swiss Biotech Success Stories” awards in recognition of outstanding achievements.

Biogen, Okairos, Roche Glycart, Selexis, and Vifor Fresenius Medical Care Renal Pharma received the award at this year’s Swiss Biotech Day after being nominated in 2018.

Swiss Biotech Association’s press release is available here.

Riccardo Braglia, Helsinn Group Vice Chairman and CEO, commented: “We’re delighted to be part of the continued success of the Swiss Biotech industry. Switzerland is a world-leading hub for biopharma thanks to a unique set of factors: diversity, the excellence of the science base, strong infrastructure and excellent technology transfer and a collaborative approach, leading to a healthy pipeline of scientific development. These are all factors which are highly prized at Helsinn and we are very pleased that the Swiss Biotech Association has recognised us for our strength.”

ENDS

About the Helsinn Group

Helsinn is a privately owned pharmaceutical group with an extensive portfolio of marketed cancer care products and a robust drug development pipeline. Since 1976, Helsinn has been improving the everyday lives of patients, guided by core family values of respect, integrity and quality. The Group works across pharmaceuticals, biotechnology, medical devices and nutritional supplements and has expertise in research, development, manufacture and the commercialization of therapeutic and supportive care products for cancer, pain and inflammation and gastroenterology. In 2016, Helsinn created the Helsinn Investment Fund to support early-stage investment opportunities in areas of unmet patient need. The company is headquartered in Lugano, Switzerland, with operating subsidiaries in Switzerland, Ireland, the U.S., Monaco, and China, as well as a product presence in approximately 190 countries globally.

For more information, please visit www.helsinn.com

For further information, please contact:

Helsinn Group Media Contact

Paola Bonvicini
Group Head of Communication

Lugano, Switzerland
Tel: +41 (0) 91 985 21 21

Info-hhc@helsinn.com

For more information, please visit www.helsinn.com and follow us on Twitter, LinkedIn and Vimeo

New Study Powered by LinkedIn Data Reveals Customer Success Growing 736% – Among Top 10 Fastest Growing Professions

Gainsight’s Inaugural State of Customer Success Profession Report Now Available

REDWOOD CITY, Calif., May 07, 2019 (GLOBE NEWSWIRE) — Today, Gainsight®, the customer success company, released The State of Customer Success Profession 2019 report, which presents data by LinkedIn, the world’s largest professional network. The report details the growth of the customer success category, signaled by the rise of the Customer Success Manager (CSM) role, one of the top 10 fastest growing careers. According to LinkedIn data within the report, the role of CSM has seen a 736 percent increase since 2015, especially amongst the Software and IT industry, showcasing how pivotal the position is for subscription-based business growth.

“The rapid advancement of SaaS and cloud technology has opened up doors that we couldn’t have fathomed even five years ago, like the customer success manager role, which has quickly become one of the most sought after positions,” said Nick Mehta, Gainsight CEO. “Customer success is gaining traction in almost every industrialized economy on the planet, and as more companies adopt recurring revenue business models, the need for CSMs has become paramount in every major market on the globe. Validated by LinkedIn’s data, the CSM role continues to prove itself as an important position that forward-thinking companies are increasing their investment in for the growth of their businesses.”

A Rapidly Growing Profession
As indicated by its growth over the past couple of years, Customer Success Managers have become critically important to modern companies increasingly focused on delivering a customer-centric and personalized approach. By utilizing a unique skill set including management, sales, business, leadership, strategy, and communication, among others, combined with a deep understanding of technology, CSMs have become an important part of the expanding digital workforce.

According to the report findings, CSMs on average are in their roles for a tenure of less than two years before moving on to more senior positions. In fact, more than 50 percent of CSMs go on to hold leadership roles.

The role of customer success managers in today’s workplace, finding that in less than two years, people are moving on to more senior positions. In total, more than 50 percent of CSMs go on to hold leadership roles.

While CSMs in the U.S. represent over half of the world’s total, proof of continued growth within the profession can also be seen on a global scale as the number of 2018 LinkedIn members with the CSM job title grew more than 8X year over year.

Additional insights regarding growth include:

  • In 2018, CSM job postings grew an average of 84 percent YoY in the United States.
  • There are nearly an equal number of women (47 percent) and men (48 percent) working in the profession globally.
  • The major U.S. cities for accelerating a career within the CSM profession include New York, Boston, and Chicago.
  • CSM positions on a global scale have grown more than 1.5X since 2015.
  • 72 percent of CSMs work in the Software & IT industry.
  • CSM positions are growing rapidly at over 1,000 percent YoY in industries like Wellness & Fitness, and Recreation & Travel.
  • More than 50 percent of all CSM jobs exist in companies with fewer than 1,000 employees.

“As companies look to remain competitive in today’s landscape, implementing or further investing in CS will enable them to adapt to the continuous release of new technologies to ultimately drive growth,” added Mehta.

Click here to see the full report.

About Gainsight: Gainsight®is the leading SaaS solution helping companies retain customers and grow revenue by improving their customer success and product experience.
The platform provides relevant customer information and predictive analytics and turns them into actionable insights that anticipate customer needs. Learn how leading companies like Adobe, Box, GE Digital and Workday use Gainsight to increase retention, expansion, and advocacy at www.gainsight.com.

Contact info: press@gainsight.com

2019 First Quarter RESULTS

The following is an extract from the “CNH Industrial 2019 first quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: cnhindustrial.com/en-us/media/press_releases/ or consulting the accompanying PDF:

CNH Industrial reported record 2019 first quarter net income of $264 million or $0.19 per share
on consolidated revenues of $6.5 billion

Financial results presented under U.S. GAAP

  • Industrial Activities net sales were $6.0 billion, down 5% compared to the first quarter 2018 (up 2% on a constant currency basis), with currency translation impact more than offsetting strong price realization performance in Agriculture and Construction, and sales volume improvements in Commercial and Specialty Vehicles
  • Adjusted EBIT of Industrial Activities increased 7% to $278 million, with a 4.6% margin (up 50 basis points). Adjusted EBITDA of Industrial Activities was $525 million, with an 8.7% margin, flat compared to the first quarter of 2018
  • Adjusted net income was $248 million in the first quarter of 2019, with adjusted diluted EPS of $0.18 (up 29% compared to the first quarter of 2018), a record first quarter result
  • Net industrial debt at March 31, 2019 was $1.5 billion, $0.9 billion higher than at December 31, 2018 as a result of normal seasonal increase in working capital in the first quarter
  • In March, CNH Industrial signed a €4 billion committed revolving credit facility, replacing an existing €1.75 billion facility, and CNH Industrial Finance Europe S.A. issued €600 million in principal amount of 1.75% notes due 2027 and guaranteed by CNH Industrial N.V.
  • For 2019, CNH Industrial is reaffirming its guidance: net sales of Industrial Activities expected at approximately $28 billion, adjusted diluted EPS between $0.84 and $0.88, and net industrial debt between $0.4 billion and $0.2 billion

Attachment

2019 First Quarter RESULTS

The following is an extract from the “CNH Industrial 2019 first quarter results” press release. The complete press release can be accessed by visiting the media section of the CNH Industrial corporate website: cnhindustrial.com/en-us/media/press_releases/ or consulting the accompanying PDF:

CNH Industrial reported record 2019 first quarter net income of $264 million or $0.19 per share
on consolidated revenues of $6.5 billion

Financial results presented under U.S. GAAP

  • Industrial Activities net sales were $6.0 billion, down 5% compared to the first quarter 2018 (up 2% on a constant currency basis), with currency translation impact more than offsetting strong price realization performance in Agriculture and Construction, and sales volume improvements in Commercial and Specialty Vehicles
  • Adjusted EBIT of Industrial Activities increased 7% to $278 million, with a 4.6% margin (up 50 basis points). Adjusted EBITDA of Industrial Activities was $525 million, with an 8.7% margin, flat compared to the first quarter of 2018
  • Adjusted net income was $248 million in the first quarter of 2019, with adjusted diluted EPS of $0.18 (up 29% compared to the first quarter of 2018), a record first quarter result
  • Net industrial debt at March 31, 2019 was $1.5 billion, $0.9 billion higher than at December 31, 2018 as a result of normal seasonal increase in working capital in the first quarter
  • In March, CNH Industrial signed a €4 billion committed revolving credit facility, replacing an existing €1.75 billion facility, and CNH Industrial Finance Europe S.A. issued €600 million in principal amount of 1.75% notes due 2027 and guaranteed by CNH Industrial N.V.
  • For 2019, CNH Industrial is reaffirming its guidance: net sales of Industrial Activities expected at approximately $28 billion, adjusted diluted EPS between $0.84 and $0.88, and net industrial debt between $0.4 billion and $0.2 billion

Attachment

Advantest Introduces New V93000 Wave Scale Millimeter Solution to Cost-Effectively Test 5G-NR mmWave Devices up to 70 GHz

Platform Architecture Delivers High Parallelism and Multi-Site Testing Capability for Multi-Band Frequencies

TOKYO, May 07, 2019 (GLOBE NEWSWIRE) — Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) has extended its V93000 system to cost-efficiently test the next generation of 5G-NR radio frequency devices and modules on a single scalable platform.  The new V93000 Wave Scale Millimeter solution has the high multi-site parallelism and versatility needed for multi-band millimeter-wave (mmWave) frequencies.  The operational range from 24 GHz to 44 GHz and 57 GHz to 70 GHz enables customers to reduce their time to market for new designs running at mmWave frequencies.

The highly integrated system is architecturally distinctive from other solutions by providing as many as 64 bi-directional mmWave ports based on a modular implementation.  This allows not only the use of different 5G and WiGig frequency modules, but also the addition of new modules as new frequency bands are rolled out worldwide.  Based on an innovative mmWave card cage with up to eight mmWave instruments, this highly versatile and cost-effective ATE solution performs on the level of high-end bench instruments.  The scalable system’s wideband testing functionality gives it the capability to handle full-rate modulation and de-modulation for ultra-wideband (UWB), 5G-NR mmWave up to 1 GHz, WiGig (802.11ad/ay) up to 2 GHz and antenna-in-package (AiP) devices in addition to beamforming and over-the-air testing.

“By delivering the industry’s first integrated, multi-site mmWave ATE test solution, we are providing a pathway for customers to lower the cost of test for their current and upcoming 5G-NR devices while leveraging their existing investments in our well-established Wave Scale RF testers,” said Juergen Serrer, executive vice president of the V93000 Business Unit within Advantest Corporation’s ATE Business Group.  “In particular, OSAT companies can benefit greatly from this flexible, scalable mmWave ATE solution.”

Early installations at customers testing both 5G and WiGig multi-band devices have been completed.  Advantest is now accepting orders for the new mmWave solution.

About Advantest Corporation

A world-class technology company, Advantest is the leading producer of automatic test equipment (ATE) for the semiconductor industry and a premier manufacturer of measuring instruments used in the design and production of electronic instruments and systems.  Its leading-edge systems and products are integrated into the most advanced semiconductor production lines in the world.  The company also focuses on R&D for emerging markets that benefit from advancements in nanotech and terahertz technologies, and has introduced multi-vision metrology scanning electron microscopes essential to photomask manufacturing, as well as groundbreaking 3D imaging and analysis tools.  Founded in Tokyo in 1954, Advantest established its first subsidiary in 1982, in the USA, and now has subsidiaries worldwide.  More information is available at www.advantest.com.

ADVANTEST CORPORATION
3061 Zanker Road
San Jose, CA 95134, USA
Judy Davies
Judy.davies@advantest.com

A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e3f91f39-4d40-4011-92c7-212193262007