See interesting case for Europe if they can get their act together: BNP Paribas AM
Carmine De Franco of BNP Paribas Asset Management believes European valuations are attractive compared to the U.S., with sector strength lying in health care and defense, instead of technology.
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Business Upturn
13 minutes ago
- Business Upturn
HistoSonics and Cambridge University Unveil Europe's First Edison™ Histotripsy System Powered by Li Ka Shing Foundation Gift
MINNEAPOLIS, United States: HistoSonics, the manufacturer of the Edison® Histotripsy System and novel histotripsy therapy platforms, announced today that Addenbrookes Hospital of Cambridge University Hospital Foundation and Trust will be the first site in the United Kingdom and European continent to offer histotripsy to both NHS and private patients. This was made possible through a generous donation by the Li Ka Shing Foundation (LKSF) as well as the expedited limited market access granted by the MHRA in April 2025. This press release features multimedia. View the full release here: The milestone marks HistoSonics' official entry into the UK and European market. HistoSonics won a coveted place in the Innovative Device Access Pathway pilot in 2024 and through this program, in partnership with the DHSC, MHRA, NIHR, NHSE, and NICE expedited access to patients. HistoSonics will continue to work with UK healthcare stakeholders on our aligned goal of urgently expanding access for all NHS patients. The Li Ka Shing Foundation, established in 1980 by Hong Kong philanthropist Sir Ka-shing Li, has contributed nearly US$4 billion to advancing education, medical research and services, and poverty alleviation across the USA, UK, Canada, and Asia. Recognizing the transformative potential of technological innovation in healthcare, the Foundation's latest gift to the University of Cambridge will build upon its previous donations of five Edison systems with three to Hong Kong, one to Singapore, and one recently to Stanford University. This new gift not only heralds the introduction of the first Edison system in the UK and Europe but also celebrates the enduring partnership between the Li Ka Shing Foundation and Cambridge in their collaborative efforts to fight cancer. By supporting cutting-edge medical technologies that can deliver low cost and highly efficient solutions, the Foundation hopes to enhance patient access with improved healthcare around the world. 'This donation is an historic milestone that brings non-invasive treatment of liver tumors using histotripsy to the UK,' said Mike Blue, President and CEO, HistoSonics. 'We are grateful to the Li Ka Shing Foundation for their visionary support. With Addenbrookes as our first NHS hospital site under UCNA, we are laying the foundation for future expansion into innovation driven hospitals across the UK.' The Edison System, which received FDA De Novo clearance in October 2023, uses non-invasive therapeutic focused ultrasound energy to mechanically destroy and liquefy targeted tissue and tumors without the invasiveness or toxicity of traditional procedures, reducing the risks of bleeding, infection, and damage to surrounding non-targeted tissue. HistoSonics' initial FDA clearance is for the destruction of liver tumors, with ongoing studies focusing on kidney tumors (HOPE4KIDNEY Trial NCT05820087) and pancreas tumors (GANNON Trial NCT06282809). Professor Deborah Prentice, Vice-Chancellor of the University of Cambridge, said: 'We are very fortunate that through the generosity of Sir Ka-shing Li, Addenbrooke's Hospital in Cambridge will be able to use cutting-edge histotripsy technology to improve outcomes for NHS patients. It is technology such as this that allows Cambridge to remain at the forefront of understanding and treating tumors, a position we aim to strengthen further with Cambridge Cancer Research Hospital.' With installations soon to be in five countries including the US, UK, Hong Kong, Singapore and the United Arab Emirates, HistoSonics is actively expanding access to its histotripsy platform and is working closely with clinical leaders, national health systems, and philanthropic partners to accelerate global adoption of histotripsy as a new category of health care. HistoSonics is also pursuing broader UK and European market access via CE marking. United Kingdom Intended Use Statement: The Edison System is intended for the non-invasive mechanical destruction of liver tumours, including the partial or complete destruction of unresectable liver tumours via histotripsy. This includes malignancy linked to primary liver cancer and cases of metastatic disease in the liver. The device should only be used by people who have completed training performed by HistoSonics Inc., and its use guided by the clinical judgement of an appropriately trained physician. Users must read this user guide to understand the warnings, precautions, and clinical trial summary, including reported adverse events. The Edison System has not been evaluated for the treatment of any specific disease, including, but not limited to, cancer or evaluated any specific cancer outcomes (such as local tumour progression, 5-year survival or overall survival). United States Intended Use Statement: The Edison System is intended for the non-invasive mechanical destruction of liver tumors, including the partial or complete destruction of unresectable liver tumors via histotripsy. The FDA has not evaluated the Edison System for the treatment of any disease including, but not limited to, cancer or evaluated any specific cancer outcomes (such as local tumor progression, 5-year survival or overall survival). The System should only be used by physicians who have completed training performed by HistoSonics, and its use guided by the clinical judgment of an appropriately trained physician. Refer to the device Instructions for Use for a complete list of warnings, precautions, and a summary of clinical trial results, including reported adverse events. About HistoSonics HistoSonics is a privately held medical device company developing a non-invasive platform and proprietary sonic beam therapy utilizing the science of histotripsy, a novel mechanism of action that uses focused ultrasound to mechanically destroy and liquify unwanted tissue and tumors. The company is currently focused on commercializing their Edison System in the US and select global markets for liver treatment while expanding histotripsy applications into other organs like kidney, pancreas, prostate, and others. HistoSonics has offices in Ann Arbor, Michigan and Minneapolis, MN. For more information on the Edison Histotripsy System please visit: For patient-related information please visit: View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Yahoo
15 minutes ago
- Yahoo
Ardian and ROYC Announce Partnership
STOCKHOLM, June 10, 2025--(BUSINESS WIRE)--ROYC, the leading global Platform-as-a-Service provider for alternative investments, and Ardian, one of Europe's largest private investment firms managing and advising $180 billion in AuM, are today happy to announce a partnership. ROYC will act as a key partner for Ardian in the rapidly growing private wealth segment in Europe. "We are proud to partner with Ardian, sharing the belief that technology and a data-driven approach are essential for enabling more LPs to invest in Ardian's funds cost-effectively", said Mathias Leijon, Founder & President of ROYC. Erwan Paugam, Head of Private Wealth Solutions at Ardian, added, "ROYC has made a strong impression on us with its technological platform and professionalism. They will be an important partner to expand our activities in private wealth and in particular for the fundraising of our Ardian Secondary Infrastructure Fund IX". About ROYC ROYC is the leading European B2B financial technology company that provides a complete private markets operating system, empowering private equity firms, banks, wealth managers, and multi-family offices to seamlessly access, distribute, and manage private investments at scale. As private markets expand, financial institutions require scalable, technology-driven solutions to manage complexity, optimizing fund operations, and delivering exceptional client experiences. ROYC combines state-of-the-art private markets technology with tailored fund structuring and investment solutions. Its intuitive, scalable platform replaces manual processes with automation and real-time data access, transforming how private market investments are managed across the entire fund lifecycle. About Ardian Ardian is a world-leading private investment firm, managing or advising $180bn of assets on behalf of more than 1,850 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients' differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian's main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
Yahoo
26 minutes ago
- Yahoo
Competitive Insights and Leading Players in European Kitchen Furniture Market: Focus on Business Performance, International Trade, Supply Structure, Distribution Channels and Financial Analysis
The European kitchen furniture production is valued at EUR 18 billion, with a positive trade balance. Export shares are rising, with most exports within Europe, and others to North America, Asia-Pacific, and the Middle East. The report offers detailed analysis across production, trade, distribution, and competition. Top five exporters of kitchen furniture Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "European Market for Kitchen Furniture" report has been added to offering. The European kitchen furniture production is valued at approximately EUR 18 billion. As far as trade dynamics are concerned, the kitchen furniture segment has a structurally positive trade balance. The sector's openness still remains well below the average of the furniture industry as a whole, but the share of exports on production and the share of imports on consumption have progressively increased. Most European kitchen furniture exports are destined within Europe, with the remainder going overseas, mainly to North America, Asia-Pacific, and the Middle East. Report Scope Sector Overview: Starting with a scenario review, the report details production, consumption, and international trade at both a European and country-specific level, segmented by value, volume, and price range. This comprehensive panorama includes a focus on leading European groups and their market shares, closing with consumption forecasts leading into 2025-2027. Business Performance: Business performance offers kitchen furniture statistics and the main macroeconomic indicators necessary to analyse the performance of the sector for the last 6 years (2019-2024), together with forecasts for 2025-2027, at a European level as a whole and for each country considered. International Trade: International trade provides detailed tables on the kitchen furniture exports and imports in the 30 European Countries considered, for the last 6 years, broken down by country and by geographical area of destination/origin. Supply Structure: Supply structure offers an analysis of the types of products manufactured by the European kitchen furniture manufacturers, in addition to tables and information on the key players operating in each segment. Production is broken down by cabinet door material, by cabinet door style, by cabinet door colour, by lacquered cabinet door type and by worktop material. Distribution Channels: Distribution channels gives an overview of the main distribution channels active on the European kitchen furniture market, at the European level as a whole and for each country considered. Competitive System: The competitive system: sales by price range and by country offers an insight into the leading local and foreign players present in each European country and in each price range segment considered. Detailed tables show sales data and market shares of the top kitchen furniture companies; short profiles of the main players in the kitchen furniture industry are also available. At the end of this chapter, there is a focus on European kitchen furniture exports and market shares outside Europe, by area of destination (North and Central-South America, Asia and Pacific, and Middle East and Africa). Financial Analysis: Utilizing a sample of 120 European manufacturers, this section evaluates fundamental profitability ratios like ROA, ROE, and EBITDA, alongside employee ratios, delivering financial health insights for the sector. Key Topics Covered: Scenario: Trends, market segment and figures by country Market evolution and figures by country Production breakdown by market segment Consumption breakdown by market segment Leading groups in Europe and their market shares Current trends and forecasts for 2025-2027 Business performance: basic data and macroeconomic indicators by country Northern Europe (Denmark, Finland, Norway and Sweden) Western Europe (Belgium/Luxembourg, France, Ireland, Netherlands, the UK) Central Europe (DACH: Austria, Germany, Switzerland) Southern Europe (Greece, Italy, Portugal, Spain) Central-Eastern Europe (Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Hungary, Lithuania, Latvia, Malta, Poland, Romania, Slovenia, Slovakia) International trade Trade balance, exports, imports evolution Exports and imports by country and by geographical area of destination/origin Exports and imports by country for selected household appliances Supply structure Breakdown of supply by cabinet door material Breakdown of supply by cabinet door style Breakdown of supply by cabinet door colour and lacquered type Breakdown of supply by worktop material Breakdown of supply by kind of lay-out Hinges and drawers Embedded lighting Intellectual Property Distribution channels Overview: Kitchen specialists, Furniture shops, Furniture chains, Building trade, Contract, DIY, E-commerce, Direct sales Breakdown of sales by distribution channels in selected countries and geographic region (Central-Eastern Europe) Built-in appliances Sustainability The competitive system Leading players in Europe and market shares (consumption and production) The European competitive system by market segment (luxury, upper-end, upper-middle, middle, middle-low, lower-end) The competitive system by country Exports from Europe to Extra-European markets and Overseas Annex Financial Analysis Key financial indicators and Employment analysis in a sample of 120 manufacturers List of selected kitchen furniture companies Company Coverage Includes: Agata Meble Alvic Aran Armony Arredo3 Arrital Artego Aster Ballingslov Ballerina Bauformat Boffi Bruynzeel BRW Bulthaup Colombini Dan Decodom Delta Cocinas Discac Eggo Ekipa Elkjop Euromobil Fournier Freda Gama Decor Haecker Hanak Howdens Joinery Ikea Leicht Lube Mandemaakers Menuiseries du Centre Mob Cozinhas Mondo Convenienza Nikolidakis Nobia Nobilia Nolte Omega Puustelli Rempp Rotpunkt Sanitas Troesch Santos Scavolini Snaidero Symphony Schmidt Siko Snaidero Stosa Strai TCM Tom Howley Turi Group Valcucine Vedum Veneta Cucine WFM Kitchen Wren Kitchens For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Top five exporters of kitchen furniture CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
