Skye Shelter Fund PLC (SKYESH.ng) Q32015 Interim Report

first_imgSFS Real Estate Investment Trust (SFSREIT.ng) listed on the Nigerian Stock Exchange under the Property sector has released it’s 2015 interim results for the third quarter.For more information about SFS Real Estate Investment Trust (SFSREIT.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the SFS Real Estate Investment Trust (SFSREIT.ng) company page on AfricanFinancials.Document: SFS Real Estate Investment Trust (SFSREIT.ng)  2015 interim results for the third quarter.Company ProfileSFS Real Estate Investment Trust is a close-ended Real Estate Investment Trust Scheme in Nigeria which pools funds for the primary purpose of investing in income-generating real estate. This includes residential homes, residential apartments, office blocks, shopping malls and warehouses. The Fund managers are dedicated to developing and/or acquiring high-quality stock of properties in select locations in Nigeria. They will also make opportunist investments in joint venture developments in partnership with reputable developers. Typically, the Skye Shelter Fund invests 75% in real estate and 25% is invested in real estate related investments such as mortgages, real estate backed securities and real estate related equities. This portion includes a 10% allocation to cash for liquidity purposes. The company head office is in Lagos, Nigeria. SFS Real Estate Investment Trust is listed on the Nigerian Stock Exchangelast_img read more

GoldLink Insurance Plc (GOLDIN.ng) 2016 Annual Report

first_imgGoldLink Insurance Plc (GOLDIN.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2016 annual report.For more information about GoldLink Insurance Plc (GOLDIN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the GoldLink Insurance Plc (GOLDIN.ng) company page on AfricanFinancials.Document: GoldLink Insurance Plc (GOLDIN.ng)  2016 annual report.Company ProfileGoldlink Insurance Plc is a life and general insurance company offering insurance products and services to the corporate and individual sectors in Nigeria. The company is licensed to underwrite both life and general classes which encompasses, among others, fire and special perils, motor insurance, life and pension, oil and gas, marine, aviation and travel insurance. Its product portfolio covers oil and gas constructions and operational activities; insurance of cargo, hull and marine machinery; liability insurance; aviation insurance as well as wide range of general insurance and life insurance products. Goldlink Insurance Plc also offers engineering insurance products for machinery consequential loss, erection all risks, contractors all risk, plants all risk, machinery breakdown, boiler and pressure vessel, computer all risk, electronic equipment, bonds, indemnity of share certificate, counter indemnity and professional indemnity insurance. The company was founded in 1992. Its head office is in Lagos, Nigeria. Goldlink Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Despite falling house prices, is now the perfect time to invest in housebuilding stocks?

first_img Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. House prices are forecast to fall up to 5% in 2020 as the housing market is affected by economic uncertainty. At the time we went into total lockdown, the share price of the FTSE 100’s big four housebuilders – Persimmon (LSE:PSN), Barratt Developments (LSE:BDEV), Taylor Wimpey (LSE:TW) and Berkeley Group (LSE:BKG) – had already fallen at least 43% from their year highs. However, I believe the long-term outlook for this sector remains positive, and now could be the perfect time to invest.Short-term gloomIt is easy to understand why house prices are forecast to fall this year.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Supply of credit: The banks have tightened their lending criteria due to economic uncertainty, with nearly 50% fewer mortgage products available now than there were before lockdown. In particular, the number of lenders willing to offer 90% loan-to-value mortgages, essential for first time buyers, has shrunk dramatically.Supply of houses: All the big four housebuilders stopped working for a period during total lockdown. In the period since, they are working on much reduced outputs as they comply with social distancing working restrictions and supply chain difficulties. Therefore, there will be less houses ready to sell this year.Long-term outlookDespite the short-term pressure on house prices, there is plenty to be optimistic about.There is a national housing shortage and, to help alleviate this, the government is targeting 300,000 new houses per year by the middle of the decade. To assist, it continues to bankroll the Help to Buy scheme for first-time buyers and, where appropriate, relax planning constraints to facilitate new developments.Interest rates remain at historic lows, making borrowing cheap and affordable. Since estate agents re-opened in May, new enquiries have been better than expected, with people wanting more space to accommodate home working.Cash is kingThe short-term fall in the value of the big four housebuilders is contrary to their strong balance sheets.Last year, they each had revenues in excess of £2.9bn and operating profits of at least 19%. However, it is their retained earnings (cash) of at least £600m that convinces me that they can still take advantage of the long-term opportunities in the sector once the storm passes.Prior to the coronavirus outbreak, housebuilders were among the most generous dividend payers on the FTSE 100. Berkeley Group is now the only one of the big four that continues to make dividend payments. It is easy to understand why, as it has retained cash of £1bn and made 26% operating profit last year. It currently trades 23% off its year high and it is top of my watchlist in the housebuilding sector.In summary, long-term demand, low interest rates, government support and excellent balance sheets all suggest an excellent long-term outlook for the big four housebuilders. I think demand for new houses will remain constant despite economic uncertainty, and house prices will stabilise. I believe the current share prices are currently too low and think now could be the perfect time to invest. Simply click below to discover how you can take advantage of this. See all posts by Ben Race Ben Race | Friday, 19th June, 2020 | More on: BDEV BKG PSN TW Ben Race has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Despite falling house prices, is now the perfect time to invest in housebuilding stocks? I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

The heartbreaking moment Doddie Weir’s 1997 Lions tour was ended by an act of thuggery

first_imgFriday Mar 27, 2020 The heartbreaking moment Doddie Weir’s 1997 Lions tour was ended by an act of thuggery Scotland legend Doddie Weir has been going through a well publicized battle with motor neuron disease (MND) and has received large amounts of support from the rugby public. Looking back to early on in his career, here is a moment that most fans will not forget. ADVERTISEMENTSadly, it’s hard to forget for all the wrong reasons, as it was a piece of horrendous play that injured the second row and ultimately ruled him out of the rest of the tour of South Africa.Playing in a midweek fixture in a heated clash against Mpumalanga, Weir had his knee stamped on by lock Marius Bosman.He soldiered on for a few minutes but had to leave the field, replaced by Simon Shaw.The Lions won the match 64-14 but it was soured by the injury to young Scot, Weir.“The stamp on Doddie was a cold-blooded act totally out of context with the game,” said a furious Ian McGeechan at the time, the Lions coach.ADVERTISEMENT“Under the terms of the tour agreement we cannot cite the offender because the incident was dealt with by the referee, but the fact remains that Doddie has a medial ligament injury that may prove very serious.”And serious it was, as Weir’s tour came to an end due to the injury. The heartbreaking moment he was told, and reality set in, was captured on the Living with Lions DVD, as you can see in the video below.If you would like to support Weir in his quest to help others with MND, please visit the My Name’5 Doddie charity website ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Big Hits & Dirty Play Related Articles 25 WEEKS AGO Suspensions handed down after testicle grabbing… 26 WEEKS AGO The ‘double ruffle’ splits opinion with fans… 26 WEEKS AGO WATCH: The nastiest and most brutal moments… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items with a Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Global social currency Spotlight to add financial dimension to promoting social good

first_img Tagged with: Finance Horyou social media  128 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15 Horyou, the Geneva-based social network for social good has created Spotlight,”the first global social currency”. It is designed to monetise social network interactions with the aim of promoting economic inclusiveness and fairness.The currency will be circulated among the Horyou community, so it can be transferred to another member, whether individual or organisation. It will have a a daily exchange rate defined by its supply and demand, which will be published daily on Horyou’s website.Yonathan Parienti, CEO of Horyou, said:“It will be the first time when promoting social good on social media, sharing positive news and actions can be materialised into an impactful financial dimension”.Horyou members will be able to buy, transfer and earn Spotlights. They will earn them based on how participative and communicative they are on the platform. Advertisement  127 total views,  1 views today Howard Lake | 25 February 2016 | Newscenter_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Why Spotlight?Spotlight has been created to “address the challenge of… a fair capital circulation”. It is designed to avoid speculation by focusing on enhancing social interactions.Parienti, who has a background in finance, explains:“Spotlight is a way to promote meaningful circulation of money.“Trillions of money are treasured in bank accounts with no activity related to the economic cycle nor value creation. Spotlight offers an alternative solution, stimulating people to convert money into a social currency and thus benefit the whole community.”It is not designed to substitute but to complement other currencies.Financing SpotlightSpotlight is funded by its individual buyers as well as Horyou partners, such as CSR firms and corporate foundations. While supporting the community with their paid fee membership, partners will share their own social initiatives and use Spotlight directly to fund innovative projects, artists and causes.It is “backed by real currency”.Parienti believes Spotlight will “benefit over 300 million people on all continents by end of 2018”.About HoryouSocial network Horyou “promotes meaningful and global interactions amongst its adherent organisations, members and personalities”, using technology, innovation and social entrepreneurship advocacy. Global social currency Spotlight to add financial dimension to promoting social good [youtube]https://www.youtube.com/watch?v=FzjAVfcafnw[/youtube]last_img read more

Indiana Farm Women Bring Pie to Lawmakers

first_imgHome Indiana Agriculture News Indiana Farm Women Bring Pie to Lawmakers By Gary Truitt – Feb 4, 2016 SHARE Indiana Farm Women Bring Pie to LawmakersIndiana farmers lobbying at the Statehouse is not unusual, but this week a group of farm women held a different kind of event for lawmakers. It was called Legislator Appreciation Day, and farm women from across the state descended on the state Capitol. “These were women who are actively involved in their farming operations or in their community,” stated Ashley Beasley with Indiana Farm Bureau.She told HAT the women came to talk with legislators about their farms and the issues that they care deeply about, “Things like property taxes and food safety.” In addition to talking, the woman were handing out pieces of pie. “It was the state pie, the Indiana Sugar Cream pie,” according to Beasley. For those lawmakers who could not stop and get their pie, the women then delivered the pie along with an infographic showing Farm Bureau legislative priorities to the offices of their elected officials.Beasley said they plan to make this an annual event, in part because it brought a lot of women to the Statehouse who had never been involved in anything like this before, “We have women of all ages and even a few FFA students.” Facebook Twitter Facebook Twitter Indiana Farm Women Bring Pie to Lawmakers SHARE Previous articleEnergy Bill on Senate Floor Draws Anti-RFS AmendmentsNext articleMorning Outlook Gary Truittlast_img read more

Grocery Store Prices Remain Low This Spring after Decline Last Year

first_imgRed delicious apples (1 lb.)$1.87$1.79$1.45– 19% Spring food items (INFB survey)201620172018% Change (Past year) SHARE Previous articleMexico and Canada Face U.S. Tariffs If NAFTA Talks Extend Beyond MayNext articleNew Seed Treatment Delivery System Means Better Yields Hoosier Ag Today Vegetable oil (32 oz.)$2.47$1.79$2.43+36% Grocery store prices inched up slightly this spring on the heels of a five-year low, according to Indiana Farm Bureau’s spring market basket survey.The average cost for a family meal this spring for 10 individuals in Indiana, including 16 common food items, is $46.72, which is less than $5 per person – up only slightly for 2017 but 13 percent less than in 2016.Of the 16 items, six foods decreased in price when compared to last year. Most notably:– Deli ham, down 83 cents to $5.19/pound.– Bacon, down 45 cents to $4.23/pound.– Apples, down 34 cents to $1.45/pound.However, 10 items increased in price when compared to last year. Most notably:– Chicken breast, up 69 cents to $3.28/pound.– Eggs, up 40 cents to $1.62/dozen.– Bagged salad, up 25 cents to $2.36/pound.“Most of the food items that saw an increase, while significant when compared to 2017, are quite steady when compared to 2016,” explained Isabella Chism, INFB 2nd vice president and chair of the women’s leadership committee. “For example, a dozen eggs increased by 40 cents when compared to 2017, but this year’s price remains 64 cents cheaper than two years ago.”The survey’s prices compared to the last two years are: By Hoosier Ag Today – Mar 28, 2018 Shredded mild cheddar cheese (1 lb.)$4.12$4.08$4.30+ 5% Sliced deli ham (1 lb.)$5.65$6.02$5.19– 14% Facebook Twitter Grocery Store Prices Remain Low This Spring after Decline Last Year TOTAL$52.61$45.99$46.72+ 2% White bread (20 oz. loaf)$1.50$1.26$1.27+ 1% Facebook Twitter Russet potatoes (5 lbs.)$2.73$2.47$2.70+ 9%center_img Orange juice (1/2 gallon)$3.62$2.80$2.84+ 1% Grade A Eggs (1 doz.)$2.26$1.22$1.62+ 33% Sirloin tip roast (1 lb.)$5.56$4.89$4.75– 3% Whole milk (1 gallon)$2.78$2.27$2.18– 4% Home Indiana Agriculture News Grocery Store Prices Remain Low This Spring after Decline Last Year According to the USDA’s ‘food at home and away from home’ percentage, a farmer receives almost 15 cents of each dollar. The farmer’s share of this $46.72 market basket is approximately $7. The remaining goes to the other parts of the food industry.Shoppers will find that whole milk is roughly four percent cheaper than this time last year. While that decrease seems minimal, milk prices dropped 18 percent last year, meaning milk has seen a 22 percent decrease in price since 2016. While that may sound like good news for shoppers, the dairy industry across the country, and especially in Indiana, is suffering because of an overabundance of milk production, a decline in milk consumption and increased competition in milk processing.In addition, Dean Foods has notified 100 dairy farms that they will no longer be purchasing milk from them as of June 1. Of the 100 farms affected, 27 of them are in Indiana.“The dairy industry already had a lot on its plate in dealing with low milk prices,” said Randy Kron, INFB president. “Now, unfortunately, these Indiana farmers have the added task of finding a new buyer.”“The best way to help alleviate the burden on dairy farms in this tough time is to keep buying milk and buy more of it if your situation allows,” added Chism.The INFB survey is part of a nationwide survey compiled by the American Farm Bureau Federation, the nation’s largest general farm organization, from data supplied by state Farm Bureaus. The national survey, which is compiled by the American Farm Bureau Federation, shows a similar slight increase in prices.The national survey showed the total meal cost at $51.05, up $1.02 or 2 percent compared to a year ago. Most notably, the national results also showed a substantial increase in egg prices, up 37 percent nationally compared to 33 percent in Indiana.“A surge in egg exports combined with relatively flat production led to the strong rise in retail egg prices,” John Newton, AFBF’s director of market intelligence.AFBF has been conducting the informal quarterly market basket survey of retail food price trends since 1989. A total of 93 shoppers (24 of them from Indiana) in 23 states participated in the latest survey, conducted earlier this month. Boneless chicken breast (1 lb.)$3.36$2.59$3.28+ 27% SHARE Ground chuck (1 lb.)$4.32$3.83$3.76– 2% All-purpose flour (5 lbs.)$2.31$2.15$2.24+ 4% Bacon (1 lb.)$4.85$4.68$4.23– 10% Bagged American salad (1 lb.)      $2.06$2.11$2.36+ 12% Cheerios (8-9 oz. box)$3.15$2.04$2.10+ 3%last_img read more

Li Jianjun

first_img Asia – PacificChina See more Information hero Li Jianjun Liu Hu China Find out more Jigme Gyatso Follow the news on China Receive email alerts Help by sharing this information For the past 10 years, Li Jianjun has been waging a battle against corruption in China. Li, 36, began working as an investigative journalist in his home province of Shanxi in the north of the country, where he exposed cases of corruption in the police. He was sacked in 2011 but didn’t back down. Between 2012 and 2013, he took on the head of the state-owned conglomerate China Resources Holdings Co, Song Lin. Despite death threats and kidnap attempts, Li even took a minority shareholding in the company as part of his investigation. In April 2013, he highlighted irregularities in contracts signed between China Resources Holdings Co and three mining companies in Shanxi. “They must go down and go to jail,” Li has said. “Only then could I feel safe, and I would be making a big service for public interests as well.” Following an investigation by the Party’s Central Commission for Discipline Inspection, Song Lin was removed from office on April 19 . Find out more Kalafi Moala Tonga Find out more Asia – PacificChina Julian Assange Australia Find out more Truong Duy Nhat Vietnam Find out more to go furtherlast_img read more

New Culture, Talent Boosting Caltech Volleyball’s Expectations

first_img Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Subscribe Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Make a comment 6 recommended0 commentsShareShareTweetSharePin it Community News Business News HerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyWomen Love These Great Tips To Making Your Teeth Look WhiterHerbeautyHerbeautyHerbeautyNutritional Strategies To Ease AnxietyHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty18 Ways To Get Rid Of HiccupsHerbeautyHerbeautyHerbeauty7 Things You Should Never Share With Other PeopleHerbeautyHerbeauty More Cool Stuffcenter_img Photo by Michael WongThe departure of four of a team’s top performers, including the program’s all-time kills leader, does not typically portend success the following year. An exceedingly young 2016 Caltech volleyball squad is prepared to challenge those odds, however, as five experienced incoming freshmen, a handful of key returners and a vastly improved team culture have the Beavers already setting their sights even higher than last year’s modest success.Schedule ReleaseRecruit Release“We are actually further ahead of last year from an experience and developmental standpoint,” Head Coach Tom Gardner said. “We are having fun, showing passion and positive energy, which I’m confident we can channel into improvement in every area on the court. We’re focusing on cohesiveness and making the process enjoyable – a positive experience leads to success on the court.Sophomore Sakthi Vetrivel (Redmond, Wash. / Overlake School) headlines a small band of returners, having ranked second on last year’s squad in three statistical categories with just over a kill per set, 32 total blocks and 20 service aces. Junior Mayra Melendez (Salinas, Calif. / York) once again will have the first opportunity to lock down the libero position while senior Suzannah Osekowsky (Saratoga, Calif. / Saratoga) is also the early leader in the right-side hitter competition.“We are counting on our few returners, and especially Sakthi, for leadership with such a young group,” Gardner said. “She gained some good experience last year and has the versatility to play across the front row. Mayra is a key component in our serve-receive who will help solidify a young back row, while Suzy combines well with Sakthi to put up a big blocking presence.”Despite the graduation of the program’s all-time kills leader as well as the departure of three other hitters ranked in the team’s top five last season, the 2016 squad could post similar production thanks to a more balanced attack as freshmen Alexa Lauinger (Ortonville, Mich. / Brandon) and Lauren Li (Bellaire, Texas / Bellaire) enter Caltech ready to stake their claim to the outside hitter berths for the next four years.“Alexa and Lauren are going to be great six-rotation players,” Gardner said. “They can play both offense and defense at a high level, have a variety of different shots and compete hard and push each other.”Building chemistry with a pair of new setters will of course be key, with classmates Ellie Walker (Minneapolis, Minn. / Blake School) and Mei-Ling Laures (Chicago, Ill. / British Int’l School of Chicago) both showing they are capable of manning the position on their own or splitting duties, at least in the early stages.“We’re fortunate to have brought in two players with setting experience; now we’re just looking to make good connections with the hitters and see how our lineup shakes out,” Gardner said. “They’re both doing a good job figuring out how to make the hitters better and put them in position to succeed.”Freshman Julia Fay (Oakland, Calif. / Coll. Prep School) rounds out the incoming group as a valuable front row piece who will contribute to the team’s blocking presence in particular.“We are more balanced, more experienced and more confident this year,” Gardner said. “We are still finding out exactly what we have and where everyone fits, and with a small squad we need to stay healthy, but we feel good about being able to compete with the teams we have on the schedule. We are going to be able to weather more and longer rallies, side-out an overcome adversity, all things we struggled with last year. We’re really going to challenge teams – there’s not going to be anything easy against us this year.”Gardner and the Beavers head to Lancaster on Tuesday, Sept. 6 for the season opener at West Coast Baptist College, which Caltech has beaten in the season finale each of the last two years. Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Community News New Culture, Talent Boosting Caltech Volleyball’s Expectations From GoCaltech.com Published on Tuesday, September 6, 2016 | 1:55 pm Top of the News Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS First Heatwave Expected Next Week last_img read more

Fibralign Announces Start of European Lymphedema Prevention Clinical Study

first_img WhatsApp Fibralign Announces Start of European Lymphedema Prevention Clinical Study By Digital AIM Web Support – February 9, 2021 Facebook Pinterest Facebook Twitter Twittercenter_img Pinterest Local NewsBusiness Previous articleBostonGene and Weill Cornell Medicine Announce Publication in Cancer Discovery Revealing the Role of the Tumor Microenvironment in the Clinical Outcomes of Patients with DLBCLNext articleWare2Go Recognized With Key Industry Awards Digital AIM Web Support UNION CITY, Calif.–(BUSINESS WIRE)–Feb 9, 2021– Fibralign Corp., a Stanford spin-out and developer of therapeutic biomedical devices, today announced enrollment of the first patient in a multi-site, randomized clinical trial in Europe evaluating its BioBridge® Collagen Matrix as a novel preventative treatment for secondary lymphedema. The study plans to enroll 40 patients that have been diagnosed with advanced stage breast cancer and require axillary lymph node dissection (ALND), a common surgical intervention that involves removal of compromised lymph nodes to address the spread of cancer. Peer reviewed publications have estimated that 15-25% of patients who undergo ALND develop breast cancer-related lymphedema (BCRL) due to the surgery. ALND combined with radiation therapy increases the likelihood of BCRL further up to 40%. Led by Dr. Dimitris Dionysiou, Associate Professor in Plastic Surgery at the Aristotle University of Thessaloniki (Greece) and principal investigator, the trial aims to demonstrate the effectiveness of BioBridge as a prophylactic remedy for reducing patient risk in development of lymphedema. This off-the-shelf solution would provide a much-needed treatment that could be utilized as a simple adjunct procedure in support of current cancer interventions, significantly advancing the quality of care for patients. About Lymphedema Lymphedema is a serious, global, progressive disease that can develop as a result of cancer treatments. Such interventions, while lifesaving, can also destroy enough lymphatic function that the cancer survivor is left with a condition in the affected limb that includes painful swelling and frequent infections. Lymphedema can ultimately lead to irreversible structural changes in the tissues, which can result in severe deformity, serious reduction in function and have a profound impact on quality-of-life. Existing treatments for lymphedema are limited and not curative. About BioBridge® Collagen Matrix BioBridge is a sterile, biocompatible and biodegradable surgical mesh that recently received CE mark for use in the surgical support of lymphatic tissue repair. The certification mark confirms that BioBridge meets the requirements of the European Medical Devices Directive, which now allows Fibralign to market the product across the European Union and other CE mark countries. BioBridge is also commercially available in the US and has 510(k) clearance from the FDA for use as a surgical mesh to reinforce and repair soft tissue. Published preclinical studies and early clinical usage have shown that BioBridge supports the repair of damaged lymphatic vessels that causes lymphedema. About Fibralign Corporation Fibralign Corporation is a commercial stage healthcare company that develops and manufactures advanced therapeutic biomedical devices designed to address significant unmet medical needs by utilizing its patented Nanoweave® 3D scaffolding technology. http://www.fibralignbio.com View source version on businesswire.com:https://www.businesswire.com/news/home/20210209005103/en/ CONTACT: In Europe: Albert Huttenga,[email protected]+31 651 750 078 Greg King, CEO/President Fibralign [email protected], +1 415 902 4721 KEYWORD: EUROPE UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: ONCOLOGY MEDICAL DEVICES HEALTH SURGERY CLINICAL TRIALS BIOTECHNOLOGY SOURCE: Fibralign Corporation Copyright Business Wire 2021. PUB: 02/09/2021 09:00 AM/DISC: 02/09/2021 09:01 AM http://www.businesswire.com/news/home/20210209005103/en WhatsApp TAGS  last_img read more