Day: September 12, 2023
Increasing adoption of cloud computing is a key factor driving market revenue growth
Vancouver, Sept. 12, 2023 (GLOBE NEWSWIRE) — The global server operating system market size is expected to reach USD 18.30 Billion in 2032 and register a steady revenue CAGR of 8.6% during the forecast period, according to latest analysis by Emergen Research. Increasing technological advancements in server operating systems is the key factor driving market revenue growth. A server operating system assist organizations in running large programs and handling complex tasks such as data transfer. For instance, on 11 January 2022, AWS announced the start of Microsoft Windows Server on Amazon Elastic Compute Cloud (EC2) up to 65% faster, through which customers can prioritize any Amazon Machine Image (AMI) running Microsoft Windows Server.
The new functionality...
Phorcys Capital Partners Announces Latest Acquisition: A Georgia-Based Upscale Senior Housing Facility
Written by Customer Service on . Posted in Mergers And Acquisitions.
The GlenThe Glen AnnouncementALPHARETTA, Ga., Sept. 12, 2023 (GLOBE NEWSWIRE) — Phorcys Capital Partners, LLC (“PCP”) announced its recent acquisition of a seniors housing property located in Greensboro, Georgia. PCP was previously the supermajority creditor on the municipal bonds issued to finance the construction of the project. The facility, known as “The Glen at Lake Oconee Village,” consists of 114 units, providing independent living, assisted living, and memory care services. The Glen was acquired for $26.45 million in August 2023. The facility will continue to be operated by SRI Management (“SRI”).
PCP’s strategy largely focuses on seeking distressed and/or overleveraged senior living properties financed by municipal bonds located throughout the United States. Acquisition targets are typically newer vintage assets...
Global Decentralized Finance (DeFi) Market Size to Reach USD 601.00 Billion in 2032 | Emergen Research
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Rising demand for decentralized finance platforms is a key factor driving Decentralized Finance (DeFi) market revenue growt
Vancouver, Sept. 12, 2023 (GLOBE NEWSWIRE) — The global Decentralized Finance (DeFi) market size is expected to reach USD 601.00 Billion in 2032 and register a steady revenue CAGR of 46.1% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for decentralized finance platforms is the key factor driving market revenue growth. Decentralized finance eliminates the need for a centralized finance model by allowing people to access financial services anywhere. Anyone with a cryptocurrency wallet and an Internet connection, regardless of location, can use DeFi services. Users can also trade and move their assets without having to wait for bank transfers or pay traditional...
Global Aircraft Exhaust System Market Size to Reach USD 1,941.82 Million in 2032 | Emergen Research
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Rising demand for new aircrafts is one of the major factors driving market revenue growth
Vancouver, Sept. 12, 2023 (GLOBE NEWSWIRE) — The global aircraft exhaust system market size was USD 918.40 Million in 2022 and is expected to register a steady revenue CAGR of 7.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for sustainable systems and materials in the manufacture of aircraft and increasing use of Three Dimensional (3D) technology for exhaust system development are key factors driving market revenue growth.
Aircraft exhaust systems help in noise reduction to the maximum possible level, thus creating a smooth experience and maintenance of minimum speed required for flying the aircraft. The exhaust system averts potential fire incidents, thus improving safety standards of the...
RAMM Pharma Corp. Announces Corporate Update
Written by Customer Service on . Posted in Public Companies.
TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) — On September 5th 2023, RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE: RAMM), announced its intention to complete a non-brokered private placement of up to 20,000,000 units (the “Units”) of the Company at a price of $0.05 per Unit for total gross proceeds of up to $1,000,000 (the “Offering”). Each Unit would have been comprised of one common share in the capital of the Company (each, a “Common Share”), and one Common Share purchase warrant (each a “Warrant”), with each Warrant entitling the holder thereof to acquire one Common Share at a price of $0.05 for a period of 36 months following the closing date of the Offering. The proceeds from the Offering were expected to be used for working capital and general corporate purposes. The...
Global Banking Encryption Software Market Size to Reach USD 6.82 Billion in 2032 | Emergen Research
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Rising demand for digital payment platforms is a major factor driving banking encryption software market revenue growth
Vancouver, Sept. 12, 2023 (GLOBE NEWSWIRE) — The global banking encryption software market size is expected to reach USD 6.82 Billion in 2032 and register a revenue CAGR of 13.1% during the forecast period, according to the latest analysis by Emergen Research. Rising awareness regarding data security is a major factor driving the market revenue growth. Encryption software is utilized to transform sensitive data such as customer financial records, transaction details, and account numbers, into unreadable cipher text using complex algorithms. Encryption software is used to secure data stored in databases, ensuring that even if unauthorized access occurs, the data remains encrypted and unreadable without the decryption...
Global Cloud Video Streaming Market Size to Reach USD 35.65 Billion in 2032 | Emergen Research
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Rising demand for streaming technology is a key factor driving cloud video streaming market revenue growth
Vancouver, Sept. 12, 2023 (GLOBE NEWSWIRE) — The cloud video streaming market size is expected to reach USD 35.65 Billion in 2032, and register a steady revenue CAGR of 20.6% during the forecast period, according to latest analysis by Emergen Research. Increasing need for online education is a key factor driving market revenue growth. Cloud video streaming refers to streaming or sharing of videos using Cloud. Users can view live videos, playlist and hosted videos through steaming technology. Hosting educational resources on a cloud platform eliminates the need for physical textbooks and makes them available to both students and teachers. Teachers can remotely upload course material, and students can obtain all required books...
Nemaura Medical Announces Participation at HLTH 2023, Las Vegas
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LOUGHBOROUGH, Sept. 12, 2023 (GLOBE NEWSWIRE) — Nemaura Medical, Inc.(NASDAQ: NMRD) (“Nemaura” or the “Company”), a medical technology company focused on developing and commercialising non-invasive wearable diagnostic devices and supporting diabetes management and personalized lifestyle coaching programs, today announced it will be participating at the HLTH 2023 conference, in Las Vegas, in October.
The Company’s attendance is in response to several enquiries from existing diabetes and metabolic health program providers, to integrate their daily wear Continuous Glucose Monitor (CGM) into existing diabetes care, metabolic health, and weight-loss programs.
The Company believes that its proprietary technology can serve as a powerful complement to program providers, empowering users with access to personalized data, insights and guidance...
Gain Therapeutics Receives Approval to Commence Phase 1 Clinical Study of GT-02287 from the Human Research Ethics Committee (HREC) in Australia
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First drug candidate identified with Gain’s proprietary computational drug discovery platform SEE-Tx® to enter clinical development phase
BETHESDA, Md., Sept. 12, 2023 (GLOBE NEWSWIRE) — Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today announced that the Company has received approval from the Bellberry Human Research Ethics Committee (HREC) in Australia to initiate a Phase 1 clinical study of its lead drug candidate GT-02287 in development for GBA1-Parkinson’s disease (GBA1-PD). Dosing in healthy volunteers to assess the safety and pharmacokinetics of GT-02287 is expected to begin in the near term.
“Following the recent presentation of encouraging preclinical data...
Barrick’s Embedded Growth Projects to Drive Value with 30% Rise in Production
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All amounts expressed in US$
TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – With the potential embedded in its growth project portfolio, Barrick plans to double its copper production by the end of the decade and continue to increase it to an estimated 1 billion pounds or 450,000 tonnes of copper per annum by 2031, says president and chief executive Mark Bristow.1
Speaking to investors on an update call, Bristow said this substantial growth in copper production combined with the output from Barrick’s sector-leading gold portfolio was expected to increase the group’s attributable production by some 30% to 6.8 million gold-equivalent ounces by 2031.1,2
“The value of these projects, and in particular of our substantial and growing copper business, is currently underestimated by the market....