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Day: June 19, 2023

NGS Library Preparation Market Expected to Grow Rapidly Due to Rising Demand for Genetic Diagnostics and Personalized Medicine

According to SkyQuest, the prevalence of hereditary illnesses drives revenue growth in the market, fueled by technological advancements and expanding use in clinical molecular sciences. For example, RNA and DNA sequencing technologies have improved our understanding of the molecular properties of genetic diseases. As a result, NGS is increasingly used to identify these features with growing demand for personalized medicine. Westford, USA, June 19, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the NGS library preparation market will attain a value of USD 10.91 billion by 2030, with a CAGR of 14.8% over the forecast period (2023-2030). The growth of the market is expected to be driven by the increasing prevalence of genetic disorders worldwide. According to the World Health Organization (WHO), 10 out of 1000 births are diagnosed...

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Cullinan Metals Acquires Wakeman Lake Lithium Property

VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Cullinan Metals Corp. (CSE: CMT) (OTCQB: CMTNF) (FWB: 7KO) (“Cullinan” or the “Company“) is excited to announce the signing of an option agreement (the “Agreement“) to acquire a 100% interest in the highly prospective Wakeman Lake lithium property (the “Property“) located in Northwestern Ontario. The Property comprises 8 mineral claims covering approximately 7,900 acres. Situated approximately 100 km east of Red Lake, in the Red Lake Mining Division of Northwestern Ontario, the Property is underlain by the Allison Lake Batholith, the largest known fertile, peraluminous granite mass in Northwestern Ontario. Notably, a sample taken at Wakeman Lake has shown the presence of spessartine, a garnet type that serves as an indicator...

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Allergy Immunotherapy Market Size to Surpass USD 3.20 Billion in 2030, exhibiting a CAGR of 9.5%

As per the report by Fortune Business Insights, The global allergy immunotherapy market size was valued at USD 1.58 billion in 2022. The market is anticipated to grow from USD 1.70 billion in 2023 to USD 3.20 billion by 2030, exhibiting a CAGR of 9.5% during the forecast period. Pune, India, June 19, 2023 (GLOBE NEWSWIRE) — The global allergy immunotherapy market size was valued at USD 1.58 billion in 2022. The market is anticipated to grow from USD 1.70 billion in 2023 to USD 3.20 billion by 2030, exhibiting a CAGR of 9.5% during the forecast period. The growing allergic population and heavy investments by significant players to develop novel immunotherapies are expected to support the allergy immunotherapy market growth. Rising awareness among consumers globally and government initiatives for developing immunotherapy products...

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Groupama continues to diversify its weather coverage in France with an Aggregate Catastrophe bond

Groupama is the first European insurance group to sponsor a cat bond in 2023. Groupama has secured EUR 100 million of aggregate reinsurance protection for weather related claims experience in France. The Aon Securities team* structured and placed a cat bond on an indemnity basis, via the Randolph Re platform on behalf of Groupama, which protects against adverse deviation of climatic losses in France. The cover incepted 15 June 2023. « For Groupama, the relationship with our reinsurers remains essential. With this Cat bond transaction, we are demonstrating on the one hand our ability to adapt to major changes in the reinsurance market and, on the other hand,we are further protecting Groupama from adverse weather claims. » stated Thierry Martel, Chief Executive Officer of Groupama.* Reference to the Aon Securities team means Aon Solutions...

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Contract Research Organization Services Market Size to Surpass USD 188.52 Billion by 2030, exhibiting a CAGR of 12.5%

As per the report by Fortune Business Insights, the global contract research organization services market size is projected to reach USD 188.52 billion in 2030, at a CAGR of 12.5% during the forecast period, 2023-2030 Pune, India, June 19, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Contract Research Organization Services Market size was valued at USD 73.38 billion in 2022 and is projected to grow from USD 82.60 billion in 2023 to USD 188.52 billion by 2030, exhibiting a CAGR of 12.5% during the forecast period.  Factors such as rising R&D budgets, rising outsourcing activities from pharmaceuticals, and rising collaborative efforts will boost the market’s growth during the forecast period. Additionally, increased investment opportunities by pharmaceutical, biopharmaceutical, and medical device...

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Wound Care Market Size to Surpass USD 30.04 Billion by 2030, exhibiting a CAGR of 6.3%

As per the report by Fortune Business Insights, the global Wound Care Market size is projected to reach USD 30.04 billion in 2030, at a CAGR of 6.3% during the forecast period, 2023-2030 Pune, India, June 19, 2023 (GLOBE NEWSWIRE) — The global wound care market size was valued at USD 18.51 billion in 2022 and is expected to be worth USD 19.63 billion in 2023. The market is projected to be valued at USD 30.04 billion by 2030, recording a CAGR of 6.3% during the forecast period. The growing incidence of chronic diseases has also increased patients’ chances of suffering from a wide range of chronic wounds that can sometimes be difficult to heal. This scenario has boosted the demand for advanced wound healing products across the world. Chronic ailments, such as diabetes, can raise a patient’s risk of contracting diabetic foot ulcers,...

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Contact Center Software Market Size to Surpass USD 164.01 Billion by 2030, exhibiting a CAGR of 21.3%

As per the report by Fortune Business Insights, the global contact center software market size is projected to reach USD 164.01 billion in 2030, at a CAGR of 21.3% during the forecast period, 2023-2030 Pune, India, June 19, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global contact center software market size was valued at USD 34.66 billion in 2022 and is projected to grow from USD 42.47 billion in 2023 to USD 164.01 billion by 2030, exhibiting a CAGR of 21.3% during the forecast period. Enhancing customer experience and satisfaction is focused by companies. Customer queries are increasing due to awareness of consumer rights among the population. To resolve customer queries, companies are using advanced technologies to assist customers by contacting them via social media, emails, calls, video chats, and all...

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Power Transistor Market Size to Surpass USD 26.83 Billion by 2030, exhibiting a CAGR of 10%

As per the report by Fortune Business Insights, the global power transistor market size is projected to reach USD 26.83 billion in 2030, at a CAGR of 10% during the forecast period, 2023-2030 Pune, India, June 19, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global power transistor market size was valued at USD 13.56 billion in 2022 and is projected to grow from USD 13.76 billion in 2023 to USD 26.83 billion by 2030, exhibiting a CAGR of 10% during the forecast period. Power transistors are the three terminal semiconductor devices consisting of collector, base, and emitter which amplify and switch the electrical signal in the power suppliers and power amplifiers. Increasing use of connected devices such as a modem, routers, amplifiers, smartphones, and wearables is projected to assist in market development. Fortune...

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Trillium Gold Mines Completes Plan of Arrangement to Acquire Pacton Gold

VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Trillium Gold Mines Inc. (TSXV: TGM, OTCQX: TGLDF, FRA: 0702) (“Trillium”) and Pacton Gold Inc. (TSXV: PAC, OTC: PACXF, FSE: 2NKM) (“Pacton”) are pleased to announce the completion today of the previously announced plan of arrangement (the “Arrangement”) under section 288 of the Business Corporations Act (British Columbia), resulting in Pacton becoming a wholly-owned subsidiary of Trillium. The Arrangement was approved at a special meeting of shareholders of Pacton held on June 2, 2023 followed by the issuance of the final order approving the Arrangement from the Supreme Court of British Columbia on June 6, 2023. Pursuant to the Arrangement, each former holder of Pacton common shares (each, a “Pacton Share”) is entitled to receive 1.275 common shares of Trillium (each...

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West Red Lake Gold Mines Completes Acquisition of Madsen Gold Project and Appoints Tony Makuch to Board of Directors

VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce that it has completed the acquisition (the “Acquisition”) of the Madsen Gold Project through the acquisition of all of the outstanding shares of Pure Gold Mining Inc. (“PGM”). The Acquisition was completed on June 16, 2023 pursuant to the Approval and Reverse Vesting Order granted (the “Order”) in PGM’s proceedings under the Companies’ Creditors Arrangement Act. The Order approved the transactions contemplated in the Share Purchase Agreement entered into between the Company, PGM and a fund managed by Sprott Resource Lending Corp. dated May 17, 2023. “The Company’s acquisition of the Madsen Gold Project includes a fully permitted underground gold mine...

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