As the world rely on data, traditional centralized cloud storage has proven difficult to deal faces challenges such as centralization, security, and scaling. Blockchain-based decentralized storage has enabled secure and efficient storage by distributing data across nodes in the network. These reduce risks on centralized servers while maintaining higher privacy levels of data. Among the multiple crypto projects undertaken, leaders are identified in decentralized storage. This article discusses top crypto projects in how they change the ways of people storing data. Why Decentralized Storage Matters Decentralized storage platforms , which use blockchain technology to distribute data, represent a more resilient alternative to traditional cloud storage. Files in a decentralized system are broken into fragments, encrypted, and spread across the network on many nodes. This eliminates single points of failure, thereby improving security and availability. Solutions for decentralized storage are also much more resistant to censorship and provide greater control over one's data to users. These benefits have piqued much interest, and various crypto projects are working on solutions actively making decentralized storage mainstream. Filecoin is one of the most popular crypto projects in the decentralized storage space . It is a peer-to-peer storage network launched by Protocol Labs, which allows users to rent out unused storage space. In return for providing storage, users earn FIL tokens, the native cryptocurrency of the Filecoin network. Filecoin is decentralized, which means that data is stored securely and redundantly across multiple locations. This makes it resistant to outages and censorship, providing a reliable alternative to traditional cloud storage providers like Amazon Web Services or Google Cloud. The network has experienced tremendous growth since its launch, attracting different users, ranging from individuals seeking to store personal data to businesses looking for secure storage solutions. Filecoin's growing ecosystem has positioned it as a leader in the decentralized storage space. Arweave has taken a unique approach to decentralized storage through provision of what it terms permanent storage. It is forever storing data on its blockchain network, which charges fees only once upon signing. The one-time upfront costs cover the perpetuity duration of storage in its Arweave network. The so-called blockweave technology ensures that users can store data on multiple nodes in its network, such that miners verify them permanently. This type of application for Arweave would well be fit to hold useful data in terms of keeping documents, images, or records and should stay online for extended periods of years without risk of being deleted or censored. Attention was drawn to focus on storage for archives with this concept, offering decentralized storage that creates an untamperable record of information. It allows possibilities toward the decentralized hosting of content, which lets people upload, store, and share their content on the web everywhere around the world but not through central points of control. Another main-stream participant in decentralized storage is Sia which has the potential to disrupt a more traditional market, like cloud storage. Users may rent space in the Sia network for their needs and will be charged accordingly in native Siacoin or SC. Because Sia operates on a distributed architecture, one cannot lose data at any one point of failure. The system prioritizes user's privacy and security by encrypting and splitting user's data into very small bits before its sharing. Only the owner will hold the keys to reassemble and access data. Decentralized framework gives people an affordable, secure, and scalable alternative to their central cloud storage providers. Sia blockchain is transparent, and its open-source nature allows developers to build applications that may be capable of interacting with the network. Therefore, Sia is the most popular among privacy-conscious users and enterprises. Storj is a decentralized cloud storage platform through which users can store data with security and efficiency. Decentralized architecture spreads the data across thousands of nodes in various parts of the globe, making it both available and protected. Users pay for storage on Storj using STORJ tokens, and those who provide storage space receive those tokens in return. In return, Storj boasts about its friendly usability and offers developers to use tools and APIs that will allow decentralized storage to become integrated with an application. It is very profitable both for businesses and developers to deploy decentralized storage without having any contact with the complexity related to the blockchain technology. Because Storj focuses on the three major aspects, namely, privacy, security, and cost efficiency, it's one of the most leading participants in the decentralized storage ecosystem. Scalable and very fast, it makes the best solution for various customers-from individual to enterprises. Decentralized storage systems are much safer, better encrypted, and censor-proof compared to common cloud storage. Each of the above revolution leaders - Filecoin, Arweave, Sia, and Storj-differ significantly from the rest. Considering people will have the matter of data privacy and control front of mind, decentralised storage would be more likely in any future digital infrastructure . Through the projects involved, a better future for data access is then shaped by forming a much decentralized, secure, and user-controlled internet.GREENSBORO, N.C. (AP) — Matthew Downing threw for two touchdowns and ran for another to lead Elon to a 31-21 season-ending win over North Carolina A&T on Saturday. The game was tied at 7 in the second quarter when the Phoenix turned a fumble recovery into a field goal. That started a string of four-straight scoring possessions. Downing was 16 of 21 for 203 yards. Chandler Brayboy had 12 receptions for 118 yards with a score. Rushawn Baker ran for 106 yards for the Phoenix (6-6, 5-3 Coastal Athletic Association). Julian Bumper also had a 10-yard rushing touchdown on his only carry and Jamarien Dalton had a 30-yard receiving touchdown on his only catch. Freshman Cortez Lane returned a kickoff 97 yards for a touchdown for the Aggies (1-11, 0-8), who lost their 11th straight. Justin Fomby threw for 190 yards and a touchdown pass to Daniel Cole and Shimique Blizzard ran for 87 yards and a TD. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25
PHILADELPHIA (AP) — Philadelphia 76ers forward Paul George has a bone bruise on his left knee and will miss two games, the team said Thursday. The 76ers said George did not suffer any structural damage when he injured the same knee that he hyperextended during the preseason in Wednesday night's loss at Memphis. The game marked the first time this season the All-Star trio of George, Joel Embiid and Tyrese Maxey started a game together. George will miss home games Friday against Brooklyn and Sunday against the Los Angeles Clippers, his former team. A nine-time All-Star, the 34-year-old George will be evaluated again on Monday. Wednesday's 117-111 loss to the Grizzlies dropped the Sixers to 2-12, the worst record in the NBA headed into Thursday night's games. George signed a four-year, $212 million contract with Philadelphia after five seasons with the Clippers. He has averaged 14.9 points in eight games this season. Embiid has been out with injuries, load management rest and a suspension, while Maxey was sidelined with a hamstring injury. An expected contender in the Eastern Conference, the Sixers haven't won since an overtime victory against Charlotte on Nov. 10. AP NBA: https://apnews.com/hub/nba
The Securities and Exchange Board of India (SEBI) may approve a number of new norms at its upcoming board meeting on December 18, including those for SME companies wanting to go public, angel funds and unpublished price sensitive information (UPSI). SEBI may double or quadruple the minimum application size in SME IPOs to ₹2-4 lakh, allowing only informed investors with higher risk taking appetite to apply. Issuers will be eligible to make an initial public offer only if the issue size is more than ₹10 crore and only if the operating profit is ₹3 crore for at least two out of three financial years preceding the application. Lock-in on minimum promoter contribution may be increased to five years from three years. Minimum allottees in such IPOs may be increased to 200 from existing 50. The appointment of monitoring agency will be mandatory if fresh issue size is higher than ₹20 crore. SEBI recently cancelled the SME IPO of Trafiksol ITS Technologies and asked the company to refund the money to investors for alleged questionable dealings with a ‘shell entity’. SEBI sets new benchmarks with comprehensive norms for secretarial auditors Fund raising by InvITs slows down, REITs keep up momentum SEBI mulls registration, empanelment for algo traders, providers SEBI may expand the ambit of UPSI by including restructuring plans, proposed fundraising activities, and one-time bank settlements. Developments in corporate insolvency proceedings that include approval of resolution plans, one-time settlement in relation to loans and borrowings from banks or financial institutions will be included. According to a study by SEBI on material events disclosed to the stock exchanges, companies were seen to be categorising only the items explicitly mentioned in the PIT Regulations as UPSI, and not complying with the law in spirit. The regulator may suggest sharp hike in the net worth and provide more clarity on the roles and responsibilities of investment bankers. Bankers with net worth of at least ₹50 crore will fall under Category 1 and they will be allowed to undertake all activities that fall under SEBI’s ambit. Those with net worth of Rs 10 crore will fall under Category 2 and will not be allowed to handle mainboard issues. SEBI may approve a proposal allowing only accredited investors to invest in angel funds. Such investors have to meet a net-worth criteria verified by a third-party accreditation agency. This will allay concerns regarding investors without the necessary risk appetite, making investments in start-ups through angel funds. Angel funds will conduct their first close, by on-boarding minimum five accredited investors, within 12 months from the date of SEBI communication for taking their private placement memorandum on record. Existing angel funds will get a year to meet the accredited investor requirement. Minimum investment by an angel fund in a start-up may be lowered to ₹10 lakh from ₹25 lakh and the maximum investment limit will be raised to ₹25 crore from ₹10 crore. The 25 per cent diversification limit for angel funds will be done away with. SEBI may tweak rules related to appointment of public interest directors on the boards of market infrastructure institutions such as stock exchanges and clearing corporations. Pointers SEBI may double or quadruple the minimum application size in SME IPOs to ₹2-4 lakh May expand the ambit of UPSI by including restructuring plans, proposed fundraising activities, and one-time bank settlements Allow only accredited investors to invest in angel funds Tweak rules on appointment of public interest directors on the boards of market infrastructure institutions Comments
Analysts at StockNews.com began coverage on shares of First Bancshares ( NASDAQ:FBMS – Get Free Report ) in a research report issued to clients and investors on Thursday. The brokerage set a “sell” rating on the bank’s stock. FBMS has been the topic of several other reports. Keefe, Bruyette & Woods raised First Bancshares from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $31.00 to $40.00 in a research note on Friday, August 2nd. Hovde Group boosted their target price on shares of First Bancshares from $29.00 to $32.50 and gave the company a “market perform” rating in a research report on Monday, July 29th. Finally, Janney Montgomery Scott lowered shares of First Bancshares from a “buy” rating to a “neutral” rating in a research note on Thursday, October 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $35.50. View Our Latest Stock Analysis on First Bancshares First Bancshares Stock Performance Institutional Trading of First Bancshares Hedge funds have recently bought and sold shares of the business. Innealta Capital LLC acquired a new position in First Bancshares during the second quarter worth $36,000. CWM LLC grew its holdings in shares of First Bancshares by 3,387.8% in the second quarter. CWM LLC now owns 1,709 shares of the bank’s stock valued at $44,000 after acquiring an additional 1,660 shares in the last quarter. FMR LLC increased its position in shares of First Bancshares by 50.8% during the third quarter. FMR LLC now owns 3,194 shares of the bank’s stock valued at $103,000 after acquiring an additional 1,076 shares during the last quarter. Quest Partners LLC bought a new stake in First Bancshares during the second quarter worth $89,000. Finally, EntryPoint Capital LLC bought a new stake in First Bancshares during the first quarter worth $103,000. Institutional investors and hedge funds own 69.95% of the company’s stock. First Bancshares Company Profile ( Get Free Report ) The First Bancshares, Inc operates as the bank holding company for The First Bank that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. It offers deposit services, including checking, NOW, and savings accounts; other time deposits, such as daily money market accounts and longer-term certificates of deposit; and individual retirement and health savings accounts. Further Reading Receive News & Ratings for First Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Bancshares and related companies with MarketBeat.com's FREE daily email newsletter .Downing throws for 2 TDs, runs for another, Elon tops North Carolina A&T 31-21
( MENAFN - Gulf Times) Qatar National Library (QNL) celebrated its new role as the IFLA Regional Office for the Mena region, with a two-day event that brought together industry experts for a series of panel discussions, interactive workshops and lectures aimed at empowering libraries, fostering regional partnerships and driving innovative solutions to global challenges in librarianship. QNL executive director Tan Huism and IFLA secretary-general Sharon Memis inked the agreement during a signing ceremony Sunday, attended by HE the QNL president and Minister of State Dr Hamad bin Abdulaziz al-Kawari, and IFLA president Vicky McDonald. “The designation of Qatar National Library as the IFLA Regional Office for the Mena region underscores Qatar's prominent standing in the field of libraries and information on both regional and global levels,” HE Dr al-Kawari said. “It also highlights our country's role as a strategic partner to leading international institutions in their pursuit of a sustainable future for knowledge and scientific research,” he added. The partnership positions QNL as a key regional hub for librarianship, with a focus on facilitating collaboration, innovation and the dissemination of information throughout the Mena region. 'Partnerships and Global Librarianship' was the focus of the inaugural panel discussion, which provided insights into the vital role that collaboration and resource sharing play in advancing library services globally. McDonald said the IFLA's partnership with QNL will enable both institutions to deliver on their mission in terms of empowering libraries and the communities they serve across the region. Sharon said the IFLA's regional centres play a pivotal role in advancing the federation's objectives.“The work of regional centres is essential to ensuring that we are not just an international federation but a truly global one, helping library and information workers everywhere benefit from being part of this worldwide field. Qatar National Library is a model for this work in its dedication and innovation, and I look forward to many years of collaboration,” she added. Since its opening in 2017, QNL has played a key role in this regard, organising over 3,000 events that attracted more than 150,000 participants. Eiman Saleh al-Shamari, manager of the IFLA Mena Regional Office at QNL, said the library, as the IFLA representative in the region, is cementing its role as a cultural hub and advancing its objective of promoting cultural dialogue. “At the IFLA Regional Office, we are committed to supporting libraries in the region to keep pace with the latest global standards and practices in the field, which will, in turn, enhance the quality of services they provide. The office will serve as a platform for training and capacity building, improving the skills of professionals in this sector and strengthening their ability to meet the needs of their communities,” she said. The second day of the event will feature interactive workshops and lectures offering practical solutions for libraries in the Mena region. Key topics will include enhancing library capacities, fostering partnerships, integrating digital technologies, and addressing regional challenges in the digital age. Since its nomination as the IFLA Regional Office on the sidelines of the 88th edition of the IFLA General Conference and Assembly last year, QNL has organised numerous workshops and sessions to develop librarianship skills across the region with a focus on leveraging technology to enhance education and learning. MENAFN15122024000067011011ID1108995644 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
No. 22 Syracuse looking for 10 wins in 1st year under Fran Brown against depleted Washington State
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NEW YORK (AP) — Donald Trump used his image as a successful New York businessman to become a celebrity, a reality television star and eventually the president. Now he will get to revel in one of the most visible symbols of success in the city when he rings the opening bell of the New York Stock Exchange on Thursday as he's also named Time Magazine's Person of the Year. Trump is expected to be on Wall Street to mark the ceremonial start of the day's trading, according to four people with knowledge of his plans. He will also be announced Thursday as Time's 2024 Person of the Year , according to a person familiar with the selection. The people who confirmed the stock exchange appearance and Time award were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity. It will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who at times has treated the stock market as a measure of public approval and has long-prized signifiers of his success in New York's business world and his appearances on the covers of magazines — especially Time. Trump was named the magazine's Person of the Year in 2016, when he was first elected to the White House. He had already been listed as a finalist for this year's award alongside Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Time declined to confirm the selection ahead of Thursday morning's announcement. “Time does not comment on its annual choice for Person of the Year prior to publication,” a spokesperson for the magazine said Wednesday. The ringing of the bell is a powerful symbol of U.S. capitalism — and a good New York photo opportunity at that. Despite his decades as a New York businessman, Trump has never done it before. It was unclear whether Trump, a Republican, would meet with New York's embattled mayor, Democrat Eric Adams , who has warmed to Trump and has not ruled out changing his political party. Adams has been charged with federal corruption crimes and accused of selling influence to foreign nationals; he has denied wrongdoing. Trump himself was once a symbol of New York, but he gave up living full-time in his namesake Trump Tower in Manhattan and moved to Florida after leaving the White House. CNN first reported Wednesday Trump’s visit to the stock exchange and Politico reported that Trump was expected to be unveiled as Time's Person of the Year. The stock exchange regularly invites celebrities and business leaders to participate in the ceremonial opening and closing of trading. During Trump’s first term, his wife, Melania Trump, rang the bell to promote her “Be Best” initiative on children’s well-being. Last year, Time CEO Jessica Sibley rang the opening bell to unveil the magazine's 2023 Person of the Year: Taylor Swift . After the Nov. 5 election, the S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks. The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winning and losing industries underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Trump has long courted the business community based on his own status as a wealthy real estate developer who gained additional fame as the star of the TV show “The Apprentice” in which competitors tried to impress him with their business skills. He won the election in part by tapping into Americans' deep anxieties about an economy that seemed unable to meet the needs of the middle class. The larger business community has applauded his promises to reduce corporate taxes and cut regulations. But there are also concerns about his stated plans to impose broad tariffs and possibly target companies that he sees as not aligning with his own political interests. Trump spends the bulk of his time at his Florida home but was in New York for weeks this spring during his hush money trial there. He was convicted, but his lawyers are pushing for the case to be thrown out in light of his election. While he spent hours in a Manhattan courthouse every day during his criminal trial, Trump took his presidential campaign to the streets of the heavily Democratic city, holding a rally in the Bronx and popping up at settings for working-class New Yorkers: a bodega, a construction site and a firehouse. Trump returned to the city in September to meet with Ukrainian President Volodymyr Zelenskyy at his Manhattan tower and again in the final stretch of the presidential campaign when he held a rally at Madison Square Garden that drew immediate blowback as speakers made rude and racist insults and incendiary remarks . At the stock exchange, the ringing of the bell has been a tradition since the 1800s. The first guest to do it was a 10-year-old boy named Leonard Ross, in 1956, who won a quiz show answering questions about the stock market. Many times, companies listing on the exchange would ring the bell at 9:30 a.m. to commemorate their initial offerings as trading began. But the appearances have become an important marker of culture and politics -- something that Trump hopes to seize as he’s promised historic levels of economic growth. The anti-apartheid advocate and South African President Nelson Mandela rang the bell, as has Hollywood star Sylvester Stallone with his castmates from the film “The Expendables.” So, too, have the actors Robert Downey Jr. and Jeremy Renner for an “Avengers” movie and the Olympians Michael Phelps and Natalie Coughlin. In 1985, Ronald Reagan became the first sitting U.S. president to ring the bell. “With tax reform and budget control, our economy will be free to expand to its full potential, driving the bears back into permanent hibernation,” Reagan said at the time. “We’re going to turn the bull loose.” The crowd of traders on the floor chanted, “Ronnie! Ronnie! Ronnie!” The Dow Jones Industrial Average climbed in 1985 and 1986, but it suffered a decline in October 1987 in an event known as “Black Monday.” Long reported from Washington. Associated Press writer Josh Boak in Washington contributed to this report.
After an exhaustive six-month search that saw the names of Hedi Slimane from Celine, Jacquemus founder Simon Porte Jacquemus and former Louis Vuitton creative director Marc Jacobs tossed around the front row like empty goody bags, the house of Chanel has settled on 40-year-old Matthieu Blazy to run its fashion business. “I am thrilled and honoured to join the wonderful house of Chanel,” Blazy said in a statement. “I look forward to meeting all the teams and writing this new chapter together.” Blazy arrives at Chanel with the respect of the industry, having made the Italian label Bottega Veneta a flattering bright spot in the fashion conglomerate Kering’s portfolio, with sales rising by 4 per cent in the first nine months of 2024 to €1.23 billion ($2 billion). Mathhieu Blazy takes a bow in Milan following his ready-to-wear collection for Bottega Veneta in February. Credit: AP With his trompe l’oeil collections of elevated basics, such as T-shirts and jeans rendered in leather and hit Kalimero, Andiamo and Sardine-style handbags, Blazy has also gained a celebrity following that includes Kate Moss, Jacob Elordi, Greta Lee and Julianne Moore. Becoming only the fourth creative director of the house founded by Coco Chanel in 1910 is a major step up for the French-Belgian who has worked at Calvin Klein, Celine and Raf Simons. Loading Chanel is more than 10 times the size of Bottega Veneta, with revenue in 2023 of $US19.7 billion ($30 billion). Blazy will oversee 10 collections a year spanning haute couture, ready-to-wear and resort shows. “I am convinced that he will be able to play with the codes and heritage of the house through an ongoing dialogue with the studio, our ateliers, and our maisons d’art,” said Bruno Pavlovsky, president of Chanel Fashion, in a statement. “His audacious personality, his innovative and powerful approach to creation, as well as his dedication to craftsmanship and beautiful materials, will take Chanel in exciting new directions.” It’s the audacity that Chanel bosses are focusing on, with Blazy’s predecessor, Virginie Viard, attracting negative press during her five-year tenure as creative director, which followed the death of Karl Lagerfeld in 2019 at the age of 85. Viard’s collections helped Chanel achieve record profits, but low-key runway shows, compared to Lagerfeld’s extravagant sets, and social media roasting of house ambassadors Margot Robbie and Margaret Qualley on the red carpet led to her exit. Blazy will join the brand next year, Chanel said in a statement on Thursday, without specifying when. He is expected to present his first Chanel collection in October. A model on the Chanel runway for the spring 2025 collection in Paris, in October. Credit: Getty Images Even with one of the top seats in fashion now taken, the game of musical chairs is not over. Controversial designer John Galliano this week announced his departure from Maison Margiela, prompting rumours of a return to Christian Dior, and Fendi is still looking to replace Kim Jones, who resigned as creative director in October. For the time being Blazy can sit comfortably, with Chanel having said the appointment is a long-term commitment. And Chanel knows how to commit, with Lagerfeld occupying the top job for 36 years. Make the most of your health, relationships, fitness and nutrition with our Live Well newsletter . Get it in your inbox every Monday . Save Log in , register or subscribe to save articles for later. License this article Fashion designers Karl Lagerfeld Damien Woolnough is the style editor of The Sydney Morning Herald and The Age Connect via Facebook . Most Viewed in Lifestyle LoadingDowning throws for 2 TDs, runs for another, Elon tops North Carolina A&T 31-21
ATA-3219 is a gene-modified cell therapy commercialized by , with a leading Phase I program in Diffuse Large B-Cell Lymphoma;Mantle Cell Lymphoma;Follicular Lymphoma;B-Cell Non-Hodgkin Lymphoma. According to Globaldata, it is involved in 2 clinical trials, of which 1 is ongoing, and 1 is planned. Smarter leaders trust GlobalData The gold standard of business intelligence. The revenue for ATA-3219 is expected to reach an annual total of $70 mn by 2038 in the US based off GlobalData’s Expiry Model. The drug’s revenue forecasts along with estimated costs are used to measure the value of an investment opportunity in that drug, otherwise known as net present value (NPV). Applying the drug’s phase transition success rate to remaining R&D costs and likelihood of approval (LoA) to sales related costs provides a risk-adjusted NPV model (rNPV). The rNPV model is a more conservative valuation measure that accounts for the risk of a drug in clinical development failing to progress. ATA-3219 Overview ATA-3219 is under development for the treatment of relapsed/refractory B-Cell non-Hodgkin lymphoma, diffuse large b-cell lymphoma, follicular lymphoma, mantle cell lymphoma, autoimmune diseases including systemic lupus erythematosus, multiple sclerosis and lupus nephritis. The drug candidate acts by targeting CD19. It comprise of genetically engineered allogeneic chimeric antigen receptor-modified T cells and is developed based on the Epstein Barr virus (EBV) T-cell platform. It is developed based on 1XX co-stimulation technology. It is administered through intravenous route. Atara Biotherapeutics Overview (Atara) is a biotechnology company that specializes in T-cell immunotherapy, focusing on its innovative allogeneic Epstein-Barr virus (EBV) T-cell platform for developing therapies for patients with cancer and autoimmune disease. Its product pipeline includes tab-cel (Ebvallo) for the treatment of EBV+ post-transplant lymphoproliferative disease (EBV+ PTLD) and ATA3219, an allogeneic CAR T therapy targeting CD19. The company’s preclinical programs include ATA3431 for dual CD19/CD20 targeting in B-cell malignancies, ATA188 for EBV in multiple sclerosis, and an innovative EBV vaccine research. Atara is headquartered in Thousand Oaks, California, the US. The company reported revenues of (US Dollars) US$8.6 million for the fiscal year ended December 2023 (FY2023), a decrease of 86.5% over FY2022. The operating loss of the company was US$276 million in FY2023, compared to an operating loss of US$280.5 million in FY2022. The net loss of the company was US$276.1 million in FY2023, compared to a net loss of US$228.3 million in FY2022. The company reported revenues of US$28.6 million for the second quarter ended June 2024, an increase of 4.7% over the previous quarter. For a complete picture of ATA-3219’s valuation, From Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors. , the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. To create this model, GlobalData takes into account factors including patent law, known and projected regulatory approval processes, cash flows, drug margins and company expenses. Combining these data points with GlobalData’s world class analysis creates high value models that companies can use to help in evaluation processes for each drug or company. The rNPV method integrates the probability of a drug reaching a clinical stage into the cash flow at that time, which provides a more accurate valuation, as it considers the probability that the drug never makes it through the clinical pathway to commercialization. GlobalData’s rNPV model uses proprietary likelihood of approval (LoA) and phase transition success rate (PTSR) data for the indication in the highest development stage, which can be found on GlobalData’s .
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