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Korea Herald
17-07-2025
- Business
- Korea Herald
GC Biopharma Receives Marketing Authorization for BARYCELA in Vietnam
YONGIN, South Korea, July 17, 2025 /PRNewswire/ -- GC Biopharma ( a South Korean pharmaceutical company, announced that its varicella vaccine BARYCELA has received marketing authorization from the Drug Administration of Vietnam (DAV). Following domestic approval in 2020 and WHO Pre-Qualification (PQ) in 2023, GC Biopharma has been accelerating individual country registrations as part of its dual-track strategy—pursuing both global procurement channels and direct market entry initiatives. To obtain approval in Vietnam, GC Biopharma conducted local clinical trials to establish the product's safety and immunogenicity. This achievement highlights the company's ability to meet the increasingly stringent regulatory standards set by DAV. As a vaccine administered primarily to children, quality certification holds particular importance in the varicella segment. GC Biopharma plans to establish stable annual revenue in Vietnam by leveraging its local affiliate to engage directly in sales activities, in consideration of the country's private market-oriented vaccine distribution system. From 2018 to 2021, Vietnam's private vaccine market recorded a compound annual growth rate (CAGR) of 32%, reaching approximately USD 300 million in 2021. Varicella vaccines accounted for nearly 10% of the private market [1], with demand for private vaccinations continuing to grow steadily. "This marketing authorization represents more than a product export—it is the result of a localization strategy and a significant step toward expansion in Southeast Asia," said Jae Woo Lee, Head of Development Department at GC Biopharma. "We will continue to strengthen our position as a trusted vaccine brand by delivering clinical and quality standards that meet global expectations." BARYCELA is a live attenuated varicella vaccine developed by GC Biopharma using its proprietary MAV/06 virus strain. The vaccine is characterized by high viral titer and manufacturing yield. Notably, BARYCELA is the world's first varicella vaccine produced without antibiotics, utilizing a fully aseptic manufacturing process. About GC Biopharma GC Biopharma (formerly known as Green Cross Corporation) is a biopharmaceutical company headquartered in Yong-in, South Korea. The company has over half a century of experience in the development and manufacturing of plasma derivatives and vaccines, and is expanding its global presence with successful US market entry of Alyglo ® (intravenous immunoglobulin G) in 2024. In line with its mission to meet the demands of future healthcare, GC Biopharma continues to drive innovation by leveraging its core R&D capabilities in engineering of proteins, mRNAs, and lipid nanoparticle (LNP) drug delivery platform to develop therapeutics for the field of rare disease as well as I&I (Immunology & Inflammation). To learn more about the company, visit This press release may contain biopharmaceuticals in forward-looking statements, which express the current beliefs and expectations of GC Biopharma's management. Such statements do not represent any guarantee by GC Biopharma or its management of future performance and involve known and unknown risks, uncertainties, and other factors. GC Biopharma undertakes no obligation to update or revise any forward-looking statement contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Sohee Kim Yelin Jun
The 42
14-07-2025
- Business
- The 42
Cobh Ramblers insist takeover 'reflects our commitment to the club's future'
COBH RAMBLERS INSIST their takeover from new ownership group Digital Athlete Ventures (DAV) 'reflects our commitment to the club's future' after a turbulent year off the pitch. Confirmation of the deal brings to an end the short-lived tenure of FC32, the investment firm that only took control last October and whose funding has helped Cobh to second in the League of Ireland First Division. In a club statement released this morning, DAV are described as 'a sports and media investment firm founded to empower elite athletes, entertainers, and strategic investors to take ownership positions in professional sports clubs and related platforms.' Advertisement DAV have taken a 90% stake in the club with the takeover led by Ilya Movshovich, Pedro Lombardo (Managing Partner at JPX Investments), and Bryant Clark (Founder of Texas-based Fifty Five South Ventures). Cobh's statement said the new owners are 'backed by several prominent sports investors, DAV combines capital, content, and operational insight to drive long-term value across its portfolio.' Bill O'Leary, chairman of the club, added: 'After months of hard work, the Board is proud to announce this investment partnership. In a highly competitive landscape, securing a deal of this calibre reflects our commitment to the club's future. What set DAV apart was not just their financial backing, but their operational capabilities and respect for the club's legacy and community. Ilya and Pedro have been a pleasure to work with, and we're excited to move forward together.' Cobh Ramblers FC is pleased to announce that 90% of the club has been acquired by a new ownership group Digital Athlete Ventures (DAV) The group is led by Ilya Movshovich, Pedro Lombardo (Managing Partner at JPX Investments), and Bryant Clark (Founder of Texas-based Fifty Five South Ventures).
The Irish Sun
14-07-2025
- Business
- The Irish Sun
‘New chapter' – Cobh Ramblers purchased by US-based company under a planned multi-club business
COBH Ramblers are under new ownership after the US-based Digital Athlete Ventures (DAV) purchased a 90 percent stake in the First Division club. The Florida-based investment group have made their first move into football with Ramblers but have plans to build a multi-club portfolio. The announcement comes just four days after Ramblers confirmed FC32 - who acquired the club last November - were no longer involved in the club. But talks with DAV were ongoing for some time with the Florida-based group financially supporting the club it parted company with FC32. A statement read: 'This agreement marks the beginning of a new chapter for Cobh Ramblers FC, centred on long-term sustainability and growth. 'DAV supported the club financially during the transaction process while conducting comprehensive due diligence and collaborating closely with club leadership to shape a shared vision. Read more on Irish football 'DAV brings deep expertise across performance innovation, fan engagement, and football operations, which aligns closely with the club's values and future ambitions. 'Both Cobh Ramblers FC and Digital Athlete Ventures are committed to building a stable foundation for the club's future, with the local community at the heart of their vision. 'Preserving the identity and heritage of the club, while fostering new opportunities for growth and engagement, will be central to this partnership. 'The new ownership group has made clear that community inclusion, transparency, and long-term stewardship will guide their approach from day one.' Most read in Football The new owners will visit Ireland next week to outline their plans for what is their first foray into football, though the group has extensive investment and entrepreneurial experience. The group is led by Ilya Movshovich, Pedro Lombardo (Managing Partner at JPX Investments), and Bryant Clark (Founder of Texas-based Fifty Five South Ventures). RTE pundit's one-liner about Damien Duff makes Joey O'Brien laugh after Shelbourne's win vs Linfield DAV are also investors in motorsports with singer Marc Anthony's outfit Team Miami, while they recently brought in Alexander Jarvis of Blackbridge Sports as an advisor. Jarvis has previously brokered ownership deals including US-based Lenore purchasing a stake in Benfica. And he announced on LinkedIn that his role with DAV is to 'build out a multi-club business.' DAV Co-lead investor Movshovich, said: 'Our commitment to Cobh is long-term - we're here to provide real stability and help the club grow in a sustainable, purposeful way, both on the pitch and behind the scenes.' 1 Cobh Ramblers are currently second in the First Division table and are pushing for promotion Cobh Ramblers chairperson Bill O'Leary added: 'After months of hard work, the Board is proud to announce this investment partnership. "In a highly competitive landscape, securing a deal of this calibre reflects our commitment to the club's future. 'What set DAV apart was not just their financial backing, but their operational capabilities and respect for the club's legacy and community. "Ilya and Pedro have been a pleasure to work with, and we're excited to move forward together.'
Irish Examiner
14-07-2025
- Business
- Irish Examiner
Cobh Ramblers under new ownership following chaotic end to FC32 reign
Cobh Ramblers' search for investment is over following US-based group Digital Athlete Ventures taking a 90% stake in the club. This comes after a chaotic end to the FC32 era, which began last October with a much-publicised takeover by the multi-national organisation that included two-time Super Bowl champion Lawrence Tynes as one of their backers. They spent big and built a squad that is now second in the First Division under Mick McDermott, who was brought down from Glentoran last winter. The plan was to build a multi-club model but that collapsed following the acquisition of Spezia Calcio in Italy. SKN St. Pölten, the Austrian subsidiary, suffered the most as their funding was cut off immediately, while Cobh were forced to release a statement that distanced themselves from the organisation's issues. Their announcement came as Vice President Paul Francis, who was the face of the original takeover, resigned. Cobh have been searching for investment since, and their saviours are US-based Digital Athlete Ventures. This organisation is led by entrepreneur Ilya Movshovich, Pedro Lombardo, managing partner at JPX Investments, and Bryant Clark, founder of Texas-based Fifty Five South Ventures. This organisation is described as a sports and media investment firm that works on empowering 'elite athletes, entertainers, and strategic investors' to positions in professional sports clubs and related platforms. DAV is backed by 'several prominent sports investors' and is based on the principle of combining capital, content, and operational insight to drive long-term value across its portfolio. This was communicated in a press release by the club on Monday, which said the goal of the takeover long term stability. Cobh Ramblers Chairman Bill O'Leary is thrilled to have the takeover over the line after months of negotiations. 'After months of hard work, the Board is proud to announce this investment partnership,' he said in a statement released by the club. 'In a highly competitive landscape, securing a deal of this calibre reflects our commitment to the club's future. What set DAV apart was not just their financial backing, but their operational capabilities and respect for the club's legacy and community. "Ilya and Pedro have been a pleasure to work with, and we're excited to move forward together.' Jim Farrell, a board member at Cobh Ramblers, added: 'A massive thank you to our volunteer Board and all the other dedicated volunteers. Your efforts in recent months, along with DAV's support, and guidance from Eric and Alex has been crucial in securing the club's long-term future." Ramblers are currently second in the League of Ireland First Division, four points behind leaders Dundalk and they open their FAI Cup campaign this weekend with a game against non-league side Bangor Celtic. Mick McDermott and his players are also the holders of the Munster Senior Cup, after their victory over Rockmount in the competition's final last May at Turner's Cross.
India Today
28-06-2025
- Sport
- India Today
An anti-ageing cream called cricket
The year is 1997. A child is protesting to not wear his maroon sweater, as mandated by his DAV school. It's the end of March, the sun is out, winter has largely receded, but mornings in North India still have a nip. After the unsuccessful agitation, the sweater-clad child walks to the bus stop. He has been following a Test match happening in a different time zone, which ended post his bedtime. There is no mobile internet to check the result, so his eyes are searching for a newspaper at the bus is one. Kept, folded, on a wooden bench, whose owner has excused himself to smoke a beedi. The child skips past all the politics and local crime news, and lands on the second last page - the sports page. He freezes, as he reads the headline "India 81 all out". This is the famous test at Bridgetown, Barbados, where India failed to chase 120. The kid is numb, as he drags his soul-less body onto the bus.I have been watching cricket for 30 years now. As we age, our emotional investment in this game depreciates. Our heroes age, fade away, some get a farewell match, some don't, newer players come. There are some matches you just check the highlights of. Amazed at yourself by the disinterest, you think this is it. You have moved But then, on a random weekday, fifth day of a Test match, two wickets down, 100 odd runs to get, a Shardul Thakur sends Harry Brook back to the pavilion, with a delivery straying down the leg side. Two wickets in two deliveries. You scream "OUT" like that child way back in 1996, who screamed when Venkatesh Prasad uprooted Aamir Sohail's stump. Cricket keeps us young. It is the best anti-aging heartbreaks are core memories. They stay longer than the wins - a product of Darwinian evolution. We are coded to retain the bad outcomes, the threats, so as to learn and survive longer. We cope differently.I remember those Sharjah debacles against Pakistan on Jummah days. I would walk back home (we didn't have cable TV) broken-hearted. And I would look at people on the street, the paani puri wala, the one girl gleefully having the thrilling paani-puri, an uncle negotiating the best rate of potatoes and the numerous other people calmly going about their business. I would wonder if their lives are better off not following cricket, not having to witness Aquib Javed running through the Indian tail. Why am I ruining my entire day for a non-material loss? The players, the board of cricket, the sponsors don't even care about my existence. Why should I be so emotionally invested? Why should I be sad over something that has zero bearing on my goals and ambitions in life? And then, a few days later. Sachin would hit a six over the head of Michael Kasprowicz, and we were all back with our cheerleader pom an incredible time warp, and we are all willingly part of it. An emotional roller-coaster we have been riding for decades. Each time we think we are too old for this ride, and we want to get down, it pulls us back in, with miracles like two centuries in the same Test match by Rishabh Pant. And then, on the very next day, presents a fresh heartbreak. India fails to defend 371. Only the second time ever. Each loss plumbs new depths, and each win sets new records.I was in Goa this time on the fifth day, when Stokes and Root were batting with some 50 odd runs to get. I was out for dinner in the immaculate Tanjore tiffin room, polishing off some brown rice with a divine Puli my phone conked off. Panic. I had to rush home. After some anxious moments with the valet, taking his own sweet time, I reached my place, plugged my phone in, waited patiently for it to boot-up, then typed in "Eng vs Ind" on the Google bar, waiting for the score to refresh, hoping to see an increment in the wickets' the buffering circle rotated, it reminded me of that newspaper at the bus stop, 28 years ago. Same child-like anxiety. Same result. Maybe the same intensity of heartbreak. Sigh. Soon, another victory, another moment of magic, will pull us back onto this perennial roller-coaster. Till then, have faith in this anti-ageing cream called cricket.(Abhishek Asthana is the founder of a creative agency – GingerMonkey. He tweets as @GabbbarSingh)- Ends(Views expressed in this opinion piece are those of the author)Tune InMust Watch
