Daily Archives: October 10, 2019

Informa Pharma Intelligence Launches New Product Citeline Engage

Citeline Engage will deliver real-world data and customized engagement opportunities to help customers optimize site selection and increase trial efficiencies to accelerate clinical trial timelines

LONDON, Oct. 10, 2019 (GLOBE NEWSWIRE) — Informa Pharma Intelligence today announces Citeline Engage, a new solution allowing contact research organizations (CROs) and sponsors to optimize site selection and increase trial efficiencies to accelerate clinical trial timelines and enable a faster path to market for drugs. Citeline Engage is a first-to-market solution designed specifically to help optimize protocol development, site feasibility, and, most importantly, increase physician engagement and drive patient awareness to support faster enrollment into clinical trials.

Clinical trials have long been a pain point for industry players, and Citeline Engage is designed to help increase efficiency across a notoriously difficult, yet imperative area, of the pharma industry. Informa Pharma Intelligence’s Citeline Engage utilizes real-world data to offer the most efficient outreach services that allow customers to better recruit investigators and patients, optimize trial protocols, and ignite awareness around trials.

By combining trial and investigator intelligence available through Citeline with a verified audience of healthcare professionals through Skipta, Citeline Engage helps CROs and sponsors expedite patient enrollment, drive efficiency and mitigate the risk of trial failure:

  • Investigator Recruitment: Citeline Engage allows clients to accelerate site pre-qualification and recruitment timelines, even when facing saturated markets and rare disease areas.
  • Protocol and Study Design Optimization: Clients can gather direct feedback from physicians, clinical investigators and key opinion leaders to mitigate protocol challenges related to study design or patient recruitment.
  • Trial Awareness: Studies have shown that only a small fraction of patients and healthcare providers are aware that participation in a clinical trial was an option at the time of diagnosis. Citeline Engage ignites awareness of upcoming and ongoing trials through targeted outreach to physicians, clinical investigators and other health care professionals who have access to validated, difficult-to-reach patient populations.

“We have the real-world data to create powerful connections and optimize protocol development, site feasibility, and most importantly physician engagement and patient awareness,” said Nicola Marlin, Vice President of Product Development at Informa Pharma Intelligence. “Citeline Engage empowers organizations to create and run the most efficient clinical trials possible through targeting and recruiting top tier investigators and select sites using unique online communities of verified healthcare professionals.”

About Informa Pharma Intelligence
Informa Pharma Intelligence powers a full suite of analysis products — Datamonitor Healthcare, Sitetrove, Trialtrove, Pharmaprojects, Medtrack, Biomedtracker, Scrip, Pink Sheet and In Vivo — to deliver the data needed by the pharmaceutical and biomedical industry to make decisions and create real-world opportunities for growth.

Skipta, part of Informa’s Pharma Intelligence vertical, is the leading social network of specialized online medical communities for verified healthcare professionals (HCPs).  Skipta’s growing network of more than 25 specialty communities allow verified HCPs to communicate and collaborate with peers in a focused, secure environment.  The company enables pharmaceutical and biotech brands to drive awareness and behavior change by bringing to them multi-channel access to 700,000+ verified HCPs through integrated engagement programs.

With more than 500 analysts keeping their fingers on the pulse of the industry, no key disease, clinical trial, drug approval or R&D project isn’t covered through the breadth and depth of data available to customers. For more information visit pharmaintelligence.informa.com.

Media Contact
Diffusion PR for Informa Pharma Intelligence
informapharma@diffusionpr.com
646.571.0120

Ctrip signs agreement with Japanese railway company JR Kyushu

Co-operation to drive inbound tourism to the Kyushu region

Signing Ceremony

JR Kyushu Senior Managing Executive Officer Mr. Yohji Furumiya (left), Ctrip Chief Marketing Officer Mr. Bo Sun (right) at the signing ceremony

SHANGHAI, China, Oct. 10, 2019 (GLOBE NEWSWIRE) — Ctrip Group, Asia’s largest online travel agency, today signed a memorandum of understanding (MOU) with JR Kyushu Railway Company (below: JR Kyushu), in a partnership that promises to drive Chinese and foreign tourism to the Kyushu region. For Ctrip, the co-operation marks the company’s second with JR Railways, having signed an agreement with JR East in April 2018.

JR Kyushu Railway Company Senior Managing Executive Officer Mr. Yohji Furumiya and Ctrip Chief Marketing Officer Mr. Bo Sun signed the agreement at a ceremony held on at Ctrip Headquarters.

Kyushu is a popular destination for Chinese tourists and has played a key role in Ctrip’s efforts to boost inbound tourism in Japan. Innovative products that improve accessibility for inbound tourists have driven tourism to the region. The JR Kyushu Rail Pass, a pass that allows free travel on almost all JR lines in Kyushu, has been available on Ctrip’s platform since last April. Furthermore, JR Kyushu has agreed to support Ctrip’s future promotion efforts with Kyushu municipalities by providing advice on popular model routes in the region, as well as resources such as its scenic D&S (Design and Story) trains. The campaign will kick off with a Kyushu experience for Chinese Key Opinion Leaders (KOLs), and will be followed with a series of promotional activities.

JR Kyushu’s Mr. Yohji Furumiya said he is looking forward to the co-operation with Ctrip and elaborated, “We hope that in sharing Kyushu with more Chinese tourists, we will make valuable contributions to the region and build stronger ties between China and Kyushu.”

“Ctrip signed a partnership agreement with Oita prefecture just last month,” said Ctrip’s Mr. Bo Sun, “Kyushu is very popular among Chinese tourists, providing almost everything a tourist could hope for in a destination, from shopping opportunities to hot springs, beautiful cities and towns, and cultural experiences. Through this agreement, Ctrip will share the charm of Kyushu’s seven prefectures with more travelers, and help to increase the accessibility and convenience travel in the region. We hope that Kyushu might become one of Japan’s most desirable travel destinations for Chinese tourists.”

About Ctrip.com International, Ltd.

Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. It is the largest online consolidator of accommodations and transportation tickets in China in terms of transaction volume. Ctrip enables business and leisure travelers to make informed and cost-effective bookings by aggregating comprehensive travel related information and offering its services through an advanced transaction and service platform consisting of its mobile apps, Internet websites and centralized, toll-free, 24-hour customer service center. Ctrip also helps customers book vacation packages and guided tours. In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements. Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China.

For further information, please contact:
International PR
Ctrip.com International, Ltd.
Tel: (+86) 21 3406 4880 ext 196455
Email: Pr@ctrip.com

About JR Kyushu Railways Company Co., Ltd.

JR Kyushu Railways Company was established in 1987 and, with a total route length of 2,273km, is the biggest provider of railway services in the Kyushu region. Its network consists of 22 train lines, including a Shinkansen route (Kyushu Shinkansen) and 568 stations. Eleven special scenic trains run on JR Kyushu’s routes, each with a special design dedicated to the region they are operating in. (All figures are as of April 1 2019.)

Ctrip signs agreement with Japanese railway company JR Kyushu

Co-operation to drive inbound tourism to the Kyushu region

Signing Ceremony

JR Kyushu Senior Managing Executive Officer Mr. Yohji Furumiya (left), Ctrip Chief Marketing Officer Mr. Bo Sun (right) at the signing ceremony

SHANGHAI, China, Oct. 10, 2019 (GLOBE NEWSWIRE) — Ctrip Group, Asia’s largest online travel agency, today signed a memorandum of understanding (MOU) with JR Kyushu Railway Company (below: JR Kyushu), in a partnership that promises to drive Chinese and foreign tourism to the Kyushu region. For Ctrip, the co-operation marks the company’s second with JR Railways, having signed an agreement with JR East in April 2018.

JR Kyushu Railway Company Senior Managing Executive Officer Mr. Yohji Furumiya and Ctrip Chief Marketing Officer Mr. Bo Sun signed the agreement at a ceremony held on at Ctrip Headquarters.

Kyushu is a popular destination for Chinese tourists and has played a key role in Ctrip’s efforts to boost inbound tourism in Japan. Innovative products that improve accessibility for inbound tourists have driven tourism to the region. The JR Kyushu Rail Pass, a pass that allows free travel on almost all JR lines in Kyushu, has been available on Ctrip’s platform since last April. Furthermore, JR Kyushu has agreed to support Ctrip’s future promotion efforts with Kyushu municipalities by providing advice on popular model routes in the region, as well as resources such as its scenic D&S (Design and Story) trains. The campaign will kick off with a Kyushu experience for Chinese Key Opinion Leaders (KOLs), and will be followed with a series of promotional activities.

JR Kyushu’s Mr. Yohji Furumiya said he is looking forward to the co-operation with Ctrip and elaborated, “We hope that in sharing Kyushu with more Chinese tourists, we will make valuable contributions to the region and build stronger ties between China and Kyushu.”

“Ctrip signed a partnership agreement with Oita prefecture just last month,” said Ctrip’s Mr. Bo Sun, “Kyushu is very popular among Chinese tourists, providing almost everything a tourist could hope for in a destination, from shopping opportunities to hot springs, beautiful cities and towns, and cultural experiences. Through this agreement, Ctrip will share the charm of Kyushu’s seven prefectures with more travelers, and help to increase the accessibility and convenience travel in the region. We hope that Kyushu might become one of Japan’s most desirable travel destinations for Chinese tourists.”

About Ctrip.com International, Ltd.

Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. It is the largest online consolidator of accommodations and transportation tickets in China in terms of transaction volume. Ctrip enables business and leisure travelers to make informed and cost-effective bookings by aggregating comprehensive travel related information and offering its services through an advanced transaction and service platform consisting of its mobile apps, Internet websites and centralized, toll-free, 24-hour customer service center. Ctrip also helps customers book vacation packages and guided tours. In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements. Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China.

For further information, please contact:
International PR
Ctrip.com International, Ltd.
Tel: (+86) 21 3406 4880 ext 196455
Email: Pr@ctrip.com

About JR Kyushu Railways Company Co., Ltd.

JR Kyushu Railways Company was established in 1987 and, with a total route length of 2,273km, is the biggest provider of railway services in the Kyushu region. Its network consists of 22 train lines, including a Shinkansen route (Kyushu Shinkansen) and 568 stations. Eleven special scenic trains run on JR Kyushu’s routes, each with a special design dedicated to the region they are operating in. (All figures are as of April 1 2019.)

Sanctions risks to rise in 2020 as regimes grow in complexity

A report released today by consultancy Control Risks examines the increasingly complex and unpredictable global sanctions landscape that businesses will face in the year ahead.

London, Oct. 10, 2019 (GLOBE NEWSWIRE) — Nationalistic US foreign policy, disagreements within the US administration and divergence between the US and Europe will all combine to create a sanctions environment fraught with risk, says the report from global specialist risk consultancy, Control Risks. Adding to the complexity is a growing crop of sanctions regimes being adopted by US allies and opponents – most notably by China and in the Gulf – and sanctions that apply to individuals associated with corruption and human rights abuses.

Navigating the global sanctions landscape in 2020: Diverging paths, increasing risks, identifies five key trends shaping global sanctions risks:

  1. The US is more and more willing to use sanctions, especially as geopolitical dynamics have made it increasingly difficult for the UN Security Council to do so. While the US can afford to impose unilateral primary and secondary sanctions, the lack of international legitimacy greatly complicates implementation – in turn making them less effective.
  2. There is divergence within the US on the use of sanctions. Discrepancies exist between the President’s own intentions and those of his administration and the wider Republican Party. Growing political polarisation in Washington means that significant differences over sanctions policy also persist between the Trump administration and Congress.
  3. There is even greater divergence between the US and the EU on the use of sanctions. Divergence between Trump’s US and key European allies on major foreign policy issues – above all, Iran – is further complicating the global sanctions landscape and increasing sanctions risk.
  4. The US is encouraging its allies to adopt their own sanctions regimes. Most notably, Gulf states have joined this trend and will continue to add to blacklists of their own. Conversely, countries in antagonistic positions to the US, most notably China, are also considering comparable measures of their own.
  5. Country-agnostic sanctions regimes further complicate the global sanctions landscape. Extraterritorial regimes that apply to persons in countries not otherwise subject to sanctions are likely to continue to spread, most notably on human rights and corruption.

How do businesses respond?

The Control Risks report identifies Iran, North Korea, Russia, Venezuela and Syria as the countries to watch when assessing sanctions risks, but stresses that businesses must also remain alert to the risks of dealing with non-sanctioned countries that trade with these five, for example, Turkey with Iran and China with North Korea.

Businesses should keep abreast of guidance from the US Office of Foreign Assets Control (OFAC) and the EU and keep up to date with enforcement actions, says the report.

“Companies should also conduct due diligence beyond immediate counterparties,” said report co-author Henry Smith. “Recent enforcement actions by the US authorities demonstrate the need to consider sanctions exposure throughout your value chain – suppliers through to customers and all that is in between,” added Smith.

Notes to Editors:

Access the full report here.

About Control Risks

Control Risks is a specialist global risk consultancy that helps to create secure, compliant and resilient organisations in an age of ever-changing risk. Working across disciplines, technologies and geographies, everything we do is based on our belief that taking risks is essential to our clients’ success. We provide our clients with the insight to focus resources and ensure they are prepared to resolve the issues and crises that occur in any ambitious global organisation. We go beyond problem-solving and provide the insights and intelligence needed to realise opportunities and grow.

ENDS.

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Kate Rallis
Control Risks
212-561-5302
kate.rallis@controlrisks.com

Nicky Stephens
Control Risks
+ 44 7977982146
nicola.stephens@controlrisks.com

Sinch AB (publ): Sinch expands to Brazil through acquisition of TWW

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH

Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire TWW do Brasil S.A. for an enterprise value of BRL 180.750 million. Using today’s SEK/BRL exchange rate of 2.43, this corresponds to SEK 439 million.

Founded in 1996, TWW is today the 3rd largest SMS connectivity provider in Brazil. The company serves more than 3,000 businesses, both large and small, including many of Brazil’s leading enterprises in the banking, retail and education sectors. Messaging volumes are continuously increasing and in 2018, TWW delivered 3.4 billion messages on behalf of its customers. The company employs 37 people in São Paulo, Brazil.

“Sinch has won the trust of some of the world’s largest enterprises through high-quality message delivery and international reach. The acquisition of TWW further strengthens this value proposition and gives us domestic presence in a rapidly expanding, dynamic growth market”, comments Oscar Werner, CEO of Sinch.

With a population of 210 million, Brazil is the largest country in Latin America by population, GDP, and geographical size. It is the fifth most populous country in the world and is now seeing a rapid uptake in smartphone penetration and mobile internet usage. Customer engagement through mobile messaging continues to gain popularity, and a rapid uptake of new technologies presents opportunities for Sinch to offer its broader portfolio of next-generation messaging, voice and video to TWW’s customers.

In 2018, TWW recorded revenues of BRL 134m, gross profit of BRL 35m, and EBITDA of BRL 17.5m. In Swedish krona, using today’s 2.43 SEK/BRL exchange rate, this corresponds to revenues of SEK 326m, gross profit of SEK 85m, and EBITDA of SEK 43m. The total price paid by Sinch implies an EV/EBITDA-multiple of 8.9x based on expected adjusted EBITDA for the full year 2019.

“The success of our business is built on quality delivery and an unflinching focus on customer satisfaction. Together with Sinch, we can continue our growth journey and launch new products in next-generation messaging, voice and video. Our greatest opportunities are still ahead of us”, comments Anthony Pain, CEO and Chairman of TWW.

The transaction is expected to close in the second half of October 2019 and will be financed using Sinch’s available credit facilities.

Sinch has a financial target to maintain net debt/adjusted EBITDA below 2.5x over time. As of Q2 2019, net debt/adjusted EBITDA was 1.0x when measured on a rolling, twelve-month basis. The acquisition of TWW increases Sinch net debt/adjusted EBITDA by around 0.8x. Together with the recent acquisition of myElefant SAS, this implies that Sinch pro forma net debt/adjusted EBITDA rises to around 2.2x following the two acquisitions.

Handelsbanken Capital Markets is serving as a financial advisor to Sinch for the acquisition.

Conference call and webcast
A conference call for analysts and investors will take place today, October 10, at 14.00 CEST. Please dial in a few minutes before the call to ensure that you are connected.

Access code:            6330618

Sweden:                  +46 8 5069 2185
UK:                          +44 203 009 5710
US:                          +1 191 772 00 178

The live webcast will be available at investors.sinch.com/webcast.
Presentation materials will be available at investors.sinch.com.

For further information, please contact

Thomas Heath
Chief Strategy Officer and Head of Investor Relations
Sinch AB (publ)
Mobile:            +46-722-45 50 55
E-mail:             thomas.heath@sinch.com

About Sinch

Sinch brings businesses and people closer with tools enabling personal engagement. Its leading cloud communications platform lets businesses reach every mobile phone on the planet, in seconds or less, through mobile messaging, voice and video. Sinch is a trusted software provider to mobile operators, and its platform powers business-critical communications for many of the world’s largest companies. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has local presence in more than 30 countries. Shares are traded at NASDAQ Stockholm: XSTO:SINCH. Visit us at sinch.com.

About TWW

In the market since 1996, TWW is a leading provider of business messaging services in Brazil. Latest-generation infrastructure, direct operator connections and an unflinching commitment to customer excellence has won TWW an approval rating of 98 percent among its more than 3,000 business customers. The company serves customers of all sizes, in all industries, and is based in São Paolo, Brazil.

Important information

This communication may contain certain forward-looking statements. Such statements are all statements that do not relate to historical facts and include expressions such as “believe”, “estimate”, “anticipate”, “expect”, “assume”, “predict”, “intend”, “may”, “presuppose”, “should” or similar. The forward-looking statements in this release are based on various estimates and assumptions that in several cases are based on additional assumptions. Although Sinch believes these assumptions were reasonable when made, such forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that are difficult or impossible to predict and that are beyond Sinch’s control. Such risks, uncertainties and important factors could cause the actual results to differ materially from the results expressly or implicitly indicated in this communication through the forward-looking statements. The information, perceptions and the forward-looking statements in this release apply only as of the date of this release and may change without notice.

This information is information that Sinch AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 07:00 CEST on October 10, 2019.

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