Rakovina Therapeutics Congratulates Partner - Variational AI for Winning LifeSciencesBC's 2025 Emerging Biotech Company of the Year Award
VANCOUVER, British Columbia, July 11, 2025 (GLOBE NEWSWIRE) -- Rakovina Therapeutics Inc. ('Rakovina' or the 'Company') (TSX-V: RKV) (FSE: 7JO0), a biopharmaceutical company advancing next-generation cancer therapies through AI-powered drug discovery proudly congratulates partner, Variational AI, on being honored as the 2025 Emerging Company of the Year – Biotech by Life Sciences BC.
This prestigious award recognizes a British Columbia-based biotechnology company demonstrating exceptional progress and achievement of key strategic milestones, attributes that reflect Variational AI's impressive momentum and innovation in the field.
Since entering into a partnership with Rakovina Therapeutics in September 2024, Variational AI has applied its Enki™ generative AI platform to accelerate the discovery of novel DNA damage response (DDR) kinase inhibitors. Most recently, the platform has been used to advance the KT-5000 series, the newest generation of synthetic small-molecule candidates targeting DDR pathways. This collaboration has produced multiple structurally novel compounds with favorable drug-like properties and activity in validated cancer cell lines. Early data suggest these candidates hold strong promise as brain-penetrant agents for difficult-to-treat tumors and represent a significant step forward in the Company's AI-powered discovery pipeline.'We're proud to see Variational AI recognized as Emerging Biotech Company of the Year,' said Jeffrey Bacha, Executive Chairman of Rakovina Therapeutics. 'This award highlights the transformative role of AI in drug discovery and reinforces the strength of our collaboration. Variational's Enki™ platform has helped us identify novel drug candidates with remarkable speed and precision, and we look forward to advancing these promising therapies together.'About Variational AI
Variational AI has developed Enki™, the first commercially available foundation model for small-molecule drug discovery. By leveraging generative AI, Variational AI enables biopharmaceutical companies to rapidly discover and optimize novel, potent, safe, and synthesizable lead compounds at a fraction of the time and cost of traditional approaches.
For more information, visit www.variational.ai.
About Rakovina Therapeutics Inc.Rakovina Therapeutics is a biopharmaceutical research company focused on the development of innovative cancer treatments. Our work is based on unique technologies for targeting the DNA-damage response powered by Artificial Intelligence (AI) using the proprietary Deep-Docking™ platform. By using AI, we can review and optimize drug candidates at a much greater pace than ever before.
The Company has established a pipeline of distinctive DNA-damage response inhibitors with the goal of advancing one or more drug candidates into human clinical trials in collaboration with pharmaceutical partners.
Further information may be found at www.rakovinatherapeutics.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Rakovina Therapeutics Forward-Looking Statements:
This release includes forward-looking statements regarding the company and its respective business, which may include, but is not limited to, statements with respect to the proposed business plan of the company and other statements. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans,' 'is expected,' 'expects,' 'scheduled,' 'intends,' 'contemplates,' 'anticipates,' 'believes,' 'proposes' or variations (including negative variations) of such words and phrases, or state that certain actions, events, or results 'may,' 'could,' 'would,' 'might,' or 'will' be taken, occur, or be achieved. Such statements are based on the current expectations of the management of the company. The forward-looking events and circumstances discussed in this release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company, including risks regarding the medical device industry, economic factors, regulatory factors, the equity markets generally, and risks associated with growth and competition.
Although the company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated, or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made, and the company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. The reader is referred to the company's most recent filings on SEDAR for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the company's profile page at www.sedar.com.
For Further Information Contact:Michelle Seltenrich, BSc MBADirector, Corporate DevelopmentIR@rakovinatherapeutics.com778-773-5432
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[Latest] Precipitated Calcium Carbonate Market Size Will Attain USD 3.13 Billion by 2034 Growing at 4.70% CAGR - Exclusive Report by Zion Market Research
The global precipitated calcium carbonate market size was valued at USD 2.17 billion in 2024 and is expected to surpass USD 3.13 billion by 2034, registering a CAGR of 4.70% during the forecast period (2025- 2034). NEW YORK, USA, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled 'Precipitated Calcium Carbonate Market By Production Process (Carbonation Process, Hydrochloric Acid Method, Others), By Form (Powder, Slurry, Granule, and Others), By Grade (Industrial Grade, Pharmaceutical Grade, Food Grade, Cosmetic Grade), By Application (Paper, Plastics, Paints & Coatings, Personal Care, Food & Beverages, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' in its research database. 'According to the latest research study, the global precipitated calcium carbonate market size was valued at around USD 2.17 billion in 2024. The market is expected to grow at a CAGR of 4.70% and is anticipated to reach a value of USD 3.13 billion by 2034.' Get a Free Sample PDF of this Research Report for more Insights - (A free sample of this report is available upon request; please get in touch with us for more information.) Precipitated Calcium Carbonate Market Overview: Precipitated Calcium Carbonate (PCC) is a synthetic form of calcium carbonate produced through a chemical process that involves carbonating lime slurry with carbon dioxide. Unlike ground calcium carbonate (GCC), PCC offers higher purity, controlled particle size, and better brightness, making it ideal for specialized applications. It is widely used in industries such as paper, plastics, paints & coatings, adhesives & sealants, pharmaceuticals, and food & beverages. The global PCC market is driven by increasing demand from the paper industry, where it serves as a filler and coating agent to improve brightness and opacity. The plastics and rubber industries also contribute significantly, as PCC enhances mechanical properties and reduces costs. Additionally, the growing pharmaceutical and food sectors utilize PCC as an antacid, dietary supplement, and food additive. The market is evolving alongside major trends in sustainability. PCC production can make use of captured carbon dioxide, supporting circular economy goals. Right now, Asia-Pacific leads the way, fueled by rapid industrial growth in China and India. Meanwhile, North America and Europe are carving out niches for PCC in high-value areas like pharmaceuticals and specialty chemicals. Report Scope: Report Attribute Report Details Market Size in 2024 USD 2.17 Billion Market Forecast in 2034 USD 3.13 Billion Growth Rate CAGR of 4.70% Base Year 2024 Forecast Years 2025- 2034 Key Companies Covered Imerys, Omya AG, Minerals Technologies Inc., Mississippi Lime Company, GLC Minerals, Sibelco, Carmeuse, Nordkalk Corporation, Maruo Calcium Co., Ltd., Fimatec Ltd., Calchem, Cales de Llierca, Saicalnates, Gulshan Polyols Ltd., Chememan Co,. Ltd., and others. Segments Covered By Production Process, By Form, By Grade, By Application, and By Region Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa Customization Scope Avail customized purchase options to meet your exact research Purchase a Copy of the Report | Quick Delivery Available - Key Insights from Primary Research As per the analysis, the precipitated calcium carbonate market share is likely to grow at a CAGR of around 4.70% between 2025 and 2034. The precipitated calcium carbonate market size was worth around $ 2.17 billion in 2024 and is estimated to hit approximately $ 3.13 billion by 2034. Due to a variety of driving factors, the market is predicted to rise at a significant rate. Based on the production process, the carbonation process segment is growing at a high rate and is projected to dominate the global market. On the basis of form, the powder segment is projected to swipe the largest market share. In terms of grade, industrial grade is likely to grow at a significant rate over the forecast period. Based on the application, the paper segment is expected to lead the market compared to the plastics segment. On the basis of region, the Asia Pacific is expected to dominate the global market during the forecast period. Precipitated Calcium Carbonate Market: Growth Drivers The Precipitated Calcium Carbonate (PCC) market is experiencing significant growth, driven by several key factors. One of the primary growth drivers is the increasing demand from the paper industry, where PCC is widely used as a filler and coating material to improve brightness, opacity, and printability. The expansion of the plastics industry also fuels demand, as PCC enhances mechanical properties and reduces costs in PVC, polypropylene, and other polymers. Additionally, the construction sector contributes to market growth, with PCC being used in sealants, adhesives, and cement for improved durability and workability. Environmental regulations promoting sustainable and eco-friendly materials further boost PCC adoption, as it is a non-toxic and energy-efficient alternative to synthetic fillers. Moreover, technological advancements in production processes are enabling cost-effective, high-quality PCC, expanding its applications in pharmaceuticals, food, and rubber industries. These factors, combined with rising industrialization in emerging economies, are expected to propel the PCC market forward in the coming years. Browse the full 'Precipitated Calcium Carbonate Market By Production Process (Carbonation Process, Hydrochloric Acid Method, Others), By Form (Powder, Slurry, Granule, and Others), By Grade (Industrial Grade, Pharmaceutical Grade, Food Grade, Cosmetic Grade), By Application (Paper, Plastics, Paints & Coatings, Personal Care, Food & Beverages, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034' Report at Precipitated Calcium Carbonate Market: Segmentation The global precipitated calcium carbonate market is segmented based on production process, form, grade, application, and region. Based on the production process, the global precipitated calcium carbonate industry is divided into the carbonation process, the hydrochloric acid method, and others. The carbonation process leads the market due to its scalability, cost-effectiveness, and ability to produce fine, high-purity PCC particles. Meanwhile, the hydrochloric acid method is gaining traction, particularly in industries that demand ultra-high purity, such as food and pharmaceuticals, where even stricter quality standards apply. Based on form, the global market is segmented into powder, slurry, granule, and others. The powder PCC segment dominates the market because it's easy to transport, store, and use across various industries. Meanwhile, slurry PCC holds a strong second place, favored for its smooth integration into wet processes and superior dispersion properties. Based on grade, the global precipitated calcium carbonate market is segmented into industrial grade, pharmaceutical grade, food grade, and cosmetic grade. Industrial grade PCC leads the market, due to its widespread use in large-scale industries like construction, paper production, plastics, paints, and rubber. On the other hand, pharmaceutical-grade PCC holds a significant share as well, driven by its essential role in medicines, antacids, and dental products. Based on application, the global market is segmented into paper, plastics, paints & coatings, personal care, food & beverages, and others. The paper industry is the top user of precipitated calcium carbonate, relying on it as a coating and filler to boost smoothness, brightness, and print quality. Meanwhile, plastics also claim a major share, as PCC acts as an affordable filler that strengthens materials, improves finish, and resists heat. Why does Asia Pacific outperform other regions in the global precipitated calcium carbonate market? The Asia Pacific region continues to lead the global precipitated calcium carbonate (PCC) market, thanks to booming paper and packaging industries, rapid industrialization, and easy access to cost-effective raw materials. As the world's paper production hub, with China alone producing over 110 million metric tons in 2024, the region relies heavily on PCC as a key filler and coating agent to enhance paper quality. Surging construction activity, particularly in India (where the sector is projected to reach $1.4 trillion by 2025), is fueling demand for PCC in paints, coatings, and building materials. Add rapid urbanization and infrastructure development to the mix, and the region's appetite for PCC shows no signs of slowing down. Abundant limestone reserves in countries like China, India, and Vietnam keep production costs low, giving local manufacturers an edge in both domestic and export markets. Request For Customization on This Report as Per Your Requirements - (We tailor your report to meet your specific requirements. Inquire with our sales team about customising your report.) Precipitated Calcium Carbonate Market: Competitive Landscape The report contains qualitative and quantitative research on the global precipitated calcium carbonate market, as well as detailed insights and development strategies employed by the leading competitors. Some of the main players in the global precipitated calcium carbonate market include; Imerys Omya AG Minerals Technologies Inc. Mississippi Lime Company GLC Minerals Sibelco Carmeuse Nordkalk Corporation Maruo Calcium Co., Ltd. Fimatec Ltd. Calchem Cales de Llierca Saicalnates Gulshan Polyols Ltd. Chememan Co. Ltd. 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What will be the CAGR value of the precipitated calcium carbonate market during 2025-2034? Which region will contribute notably towards the precipitated calcium carbonate market value? Which are the major players leveraging the precipitated calcium carbonate market growth? What can be expected from the global precipitated calcium carbonate market report? 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'It comes so fast and it's something flying into your neighborhood, but it really does seem like part of everyday life,' Shih said. Even though delivery drones are still considered novel, the cargo they carry can be pretty mundane. Walmart said the top items from the more than 150,000 drone deliveries the nation's largest retailer has completed since 2021 include ice cream, eggs and Reese's Peanut Butter Cups. Unlike traditional delivery, where one driver may have a truck full of packages, drones generally deliver one small order at a time. Wing's drones can carry packages weighing up to 2.5 pounds. They can travel up to 12 miles round trip. One pilot can oversee up to 32 drones. Zipline has a drone that can carry up to 4 pounds and fly 120 miles round trip. Some drones, like Amazon's, can carry heavier packages. Once an order is placed, it's packaged for flight and attached to a drone at a launch site. The drone automatically finds a route that avoids obstacles. 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She thinks the same thing could happen with drones, especially as improved technology reduces the chance for errors. Woodworth added that U.S. airspace is tightly controlled, and companies need to demonstrate to the FAA that their drones are safe and reliable before they are cleared to fly. Even under the proposed new rules, the FAA would set detailed requirements for drone operators. 'That's why it takes so long to build a business in the space. But I think it leads to everybody fundamentally building higher quality things,' Woodworth said. Others worry that drones may potentially replace human delivery drivers. Shih thinks that's unlikely. One of DoorDash's most popular items is 24-packs of water, Shih said, which aren't realistic for existing drones to ferry. 'I believe that drone delivery can be fairly ubiquitous and can cover a lot of things. We just don't think its probable today that it'll carry a 40-pound bag of dog food to you,' Shih said. 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Amazon says its drones use cameras and sensors to navigate and avoid obstacles but may record overhead videos of people while completing a delivery. Other residents complained about noise. 'It sounds like a giant nagging mosquito,' one respondent wrote. Amazon has since released a quieter drone. But others love the service. Janet Toth of Frisco, Texas, said she saw drone deliveries in Korea years ago and wondered why the U.S. didn't have them. So she was thrilled when DoorDash began providing drone delivery in her neighborhood. Toth now orders drone delivery a few times a month. Her 9-year-old daughter Julep said friends often come over to watch the drone. 'I love to go outside, wave at the drone, say 'Thank you' and get the food,' Julep Toth said. Durbin writes for the Associated Press.
