Month: June 2024

Today, GN has decided to gradually wind-down its Elite and Talk product lines to further increase focus and resources on more attractive parts of GN’s business. As communicated at the Capital Market Day in May 2024, GN is striving to build leading businesses in attractive markets and by this grow with healthy margins and ensure good returns on the invested capital. The re-focusing of the Elite product line towards the premium segment, which was initiated in 2023, has resulted in a stronger profitability level than before. However, the investment required for future innovation and growth in this very competitive space is deemed unjustified in the long-term given associated risks. The Talk product line follows a similar logic and is positioned in the declining mono Bluetooth market. Consequently, following a thorough business review the...

DÜSSELDORF, Germany, June 11, 2024 (GLOBE NEWSWIRE) — FTI Consulting Inc. (NYSE: FCN) today announced the appointment of Dr. Stefan Heissner as a Senior Managing Director in its Forensic and Litigation Consulting segment in Germany, effective 1 July 2024. Dr. Heissner, who had a 15-year career with the German police force and spent five years as a detective in white-collar crime and corruption, will help clients investigate fraud and compliance matters and advise boards and senior leaders on corporate compliance and regulatory engagement. Dr. Heissner will lead the Forensic Accounting & Fraud Investigations offering and its growth in Germany, Switzerland and Austria, also known as the DACH region. He will also lead the broader Forensic and Litigation Consulting segment in DACH, will sit on the segment’s Europe, Middle East...

Integration of FOCI’s ReLFACon™ CPO Connector with Himax’s Nano-Scale WLO Technology to Enhance Bandwidth, Improve Data Transfer Rate, Minimize Signal Loss, Reduce Latency, and Lower Transmission Energy Consumption While Accommodating Next-Gen AGI Application Demands HSINCHU and TAINAN, Taiwan, June 11, 2024 (GLOBE NEWSWIRE) — FOCI Fiber Optic Communications, Inc. (TPEX: 3363) (“FOCI”), announced today that its Board of Directors has approved the issuance of 5,000,000 shares of common stock in a private placement financing with Himax Technologies, Inc. (NASDAQ: HIMX) (“Himax” or “Company”) participating as a strategic investor through its wholly-owned Taiwan subsidiary, Himax Technologies Limited. The subscription price is set at NT$104.4 per share (approximately US$3.2), resulting in gross proceeds of NT$522 million (approximately...

Achieves industry-leading power density by integrating 4th generation SiC MOSFETs in a compact packageROHM’s New TRCDRIVE pack™ with 2-in-1 SiC Molded ModuleIndustry-leading power density, ideal for xEV traction invertersTRCDrive pack Features & Comparison vs. Standard SiC ModulesClass-leading power density contributes significantly to xEV inverter miniaturizationSanta Clara, CA and Kyoto, Japan, June 11, 2024 (GLOBE NEWSWIRE) — ROHM Semiconductor today introduced four new models as part of the TRCDRIVE pack™ series with 2-in-1 SiC molded modules (two 750V-rated, BSTxxxD08P4A1x4; two 1200V-rated,  BSTxxxD12P4A1x1) optimized for electric vehicle (xEV) traction inverters. TRCDRIVE pack™ supports up to 300kW and features high power density and a unique terminal configuration, helping solve...

With the approval of the Executive Committee and on the advice of the Nomination Committee, the Board of Directors of KBC Group NV has decided to appoint Bartel Puelinckx as new Chief Financial Officer and member of the Executive Committee of KBC Group. He will succeed Luc Popelier, who resigned to take up the position of CEO of Hamburg Commercial Bank (Germany) as of 1 September 2024. Bartel Puelinckx’s  appointment will take effect on 1 September 2024, subject to approval by the National Bank of Belgium and the European Central Bank. Luc Popelier has been KBC Group CFO since May 2021 and previously also between 2011 and 2017, and Member of the Executive Committee of KBC Group since 2009. Luc has accepted to take up a unique career opportunity outside KBC Group : “As of 1 September 2024 I will become the new CEO of Hamburg Commercial...

OSLO, Norway, June 11, 2024 (GLOBE NEWSWIRE) — Nykode Therapeutics ASA (OSE: NYKD), a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel immunotherapies, today announced updates on its mRNA platform at the Cancer Immunotherapy meeting in Boston. The company highlighted the significant advantages of its innovative APC-targeted neoantigen vaccine, delivered in a mRNA-lipid nanoparticle (LNP) format. This latest study demonstrated that the APC-targeted vaccine consistently achieved a broader and more robust immune response across doses compared to an untargeted neoantigen vaccine. It also provided superior tumor control and resulted in dramatically improved survival rates in a mouse model of colorectal cancer. Chief Scientific Officer, Agnete Fredriksen, commented on the findings, “Our...

MP0712, a 212Pb-Radio-DARPin targeting DLL3, as first candidate of Molecular Partners’ RDT platform in development in partnership with Orano Med Positive tumor to kidney ratio and biodistribution, favorable antitumor activity and safety profile First-in-human study in planning with initial data expected in 2025 RDT platform expanding with portfolio of additional targets under evaluationZURICH-SCHLIEREN, Switzerland and CONCORD, Mass. and PARIS, June 11, 2024 (GLOBE NEWSWIRE) — Ad hoc announcement pursuant to Art. 53 LR Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin therapeutics and Orano Med, a clinical stage radiopharmaceutical company developing targeted alpha therapies with lead-212 (212Pb), today announced the debut of...

   Special meeting of Feutune Light Acquisition Corporation stockholders to be adjourned until June 17, 2024, at 9:00 a.m., Eastern TimeWilmington, DE, June 11, 2024 (GLOBE NEWSWIRE) — Feutune Light Acquisition Corporation (Nasdaq: FLFV), a special purpose acquisition company (“FLFV”), today announced that it will adjourn its special meeting of stockholders (the “Special Meeting”) scheduled to be held on June 11, 2024 at 9:00 am Eastern Time. The Special Meeting will be adjourned to June 17, 2024 at 9:00 a.m. Eastern Time (the “New Meeting Date”). As previously announced, the Special Meeting will occur virtually via teleconference with the same access information at: +1 813-308-9980 (access code: 173547). As a result of the adjournment, FLFV’s public stockholders will have until June 13, 2024 (two business days prior to the...