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Business Wire
15-05-2025
- Business
- Business Wire
Redica Systems Closes Financing to Advance Predictive Quality and Regulatory Intelligence in Life Sciences
PLEASANTON, Calif.--(BUSINESS WIRE)--Redica Systems, a leader in Quality and Regulatory Intelligence for the Life Sciences industry, today announced a financing with participation by Merck Global Health Innovation Fund (MGHIF) along with existing investors Savant Growth and Rock Creek Capital. The investment will accelerate Redica's expansion of its Catalyst Platform™ and the Redica Supplier Data Network™ (SDN), advancing AI-driven workflows, predictive quality and regulatory intelligence, and supply chain risk management solutions tailored for life sciences organizations. 'This investment strengthens our ability to power predictive quality and data-driven AI programs,' said Michael de la Torre, CEO of Redica Systems. 'Our mission is to empower customers to proactively enhance quality and minimize compliance risks—ultimately improving product safety and driving measurable business performance.' The financing represents a major milestone in Redica's mission to deliver intelligent, scalable solutions for an increasingly complex regulatory and supply chain environment. 'We are excited to work with Redica Systems to advance their groundbreaking work in predictive intelligence,' said Joe Volpe, Managing Director at Merck Global Health Innovation Fund. 'The ability to securely integrate public and private data is an important piece in the life sciences industry's capacity to monitor and mitigate quality and supply chain risks.' This collaboration enhances Redica's strong foundation for extracting, enriching, and connecting unstructured data—from regulations and standards to inspections and enforcement—transforming it into structured, actionable intelligence. Redica Catalyst™ Platform - a purpose-built Enterprise AI regulatory and quality solution for the Life Sciences sector. It uses a multilayered architecture to integrate structured and unstructured data from public and private sources. With capabilities such as Redica ID™ - for entity resolution and integration with master data and Redica DocIQ™ - for processing unstructured data, Catalyst supports predictive quality, compliance, and supply chain oversight with precision and scale. It uniquely blends AI with human-in-the-loop workflows to ensure high data accuracy, actionable insights, and seamless enterprise adoption. Redica Supplier Data Network™ (SDN) - a transformative data-sharing ecosystem designed to resolve persistent challenges around fragmented supplier risk data. It consolidates proprietary and public datasets to create secure, comprehensive supplier profiles. These profiles integrate seamlessly with Redica ID and feed into the Catalyst engine, powering predictive analytics across the supply chain. Features include shared audit programs, GMP document repositories, and standardized supplier questionnaires—all hosted in a secure environment that promotes cross-enterprise collaboration and reduces redundancy. About Redica Systems Redica Systems, headquartered in Pleasanton, California, provides Quality and Regulatory Intelligence (QRI) solutions to life sciences companies worldwide. Using advanced AI and machine learning, Redica's platform aggregates data from over 200 global regulators, delivering actionable insights to help companies optimize compliance, mitigate risk, and enhance operational efficiency. Its flagship solutions, including the Catalyst data platform, RedicaID, DocIQ, and the Redica Supplier Data Network, are designed to solve complex industry challenges with unmatched precision.
Yahoo
15-05-2025
- Business
- Yahoo
Redica Systems Closes Financing to Advance Predictive Quality and Regulatory Intelligence in Life Sciences
PLEASANTON, Calif., May 15, 2025--(BUSINESS WIRE)--Redica Systems, a leader in Quality and Regulatory Intelligence for the Life Sciences industry, today announced a financing with participation by Merck Global Health Innovation Fund (MGHIF) along with existing investors Savant Growth and Rock Creek Capital. The investment will accelerate Redica's expansion of its Catalyst Platform™ and the Redica Supplier Data Network™ (SDN), advancing AI-driven workflows, predictive quality and regulatory intelligence, and supply chain risk management solutions tailored for life sciences organizations. "This investment strengthens our ability to power predictive quality and data-driven AI programs," said Michael de la Torre, CEO of Redica Systems. "Our mission is to empower customers to proactively enhance quality and minimize compliance risks—ultimately improving product safety and driving measurable business performance." The financing represents a major milestone in Redica's mission to deliver intelligent, scalable solutions for an increasingly complex regulatory and supply chain environment. "We are excited to work with Redica Systems to advance their groundbreaking work in predictive intelligence," said Joe Volpe, Managing Director at Merck Global Health Innovation Fund. "The ability to securely integrate public and private data is an important piece in the life sciences industry's capacity to monitor and mitigate quality and supply chain risks." This collaboration enhances Redica's strong foundation for extracting, enriching, and connecting unstructured data—from regulations and standards to inspections and enforcement—transforming it into structured, actionable intelligence. Redica Catalyst™ Platform - a purpose-built Enterprise AI regulatory and quality solution for the Life Sciences sector. It uses a multilayered architecture to integrate structured and unstructured data from public and private sources. With capabilities such as Redica ID™ - for entity resolution and integration with master data and Redica DocIQ™ - for processing unstructured data, Catalyst supports predictive quality, compliance, and supply chain oversight with precision and scale. It uniquely blends AI with human-in-the-loop workflows to ensure high data accuracy, actionable insights, and seamless enterprise adoption. Redica Supplier Data Network™ (SDN) - a transformative data-sharing ecosystem designed to resolve persistent challenges around fragmented supplier risk data. It consolidates proprietary and public datasets to create secure, comprehensive supplier profiles. These profiles integrate seamlessly with Redica ID and feed into the Catalyst engine, powering predictive analytics across the supply chain. Features include shared audit programs, GMP document repositories, and standardized supplier questionnaires—all hosted in a secure environment that promotes cross-enterprise collaboration and reduces redundancy. About Redica Systems Redica Systems, headquartered in Pleasanton, California, provides Quality and Regulatory Intelligence (QRI) solutions to life sciences companies worldwide. Using advanced AI and machine learning, Redica's platform aggregates data from over 200 global regulators, delivering actionable insights to help companies optimize compliance, mitigate risk, and enhance operational efficiency. Its flagship solutions, including the Catalyst data platform, RedicaID, DocIQ, and the Redica Supplier Data Network, are designed to solve complex industry challenges with unmatched precision. For more information, please visit View source version on Contacts Media Contact: Larry CobleEmail:
Time of India
13-05-2025
- Politics
- Time of India
Who is Hafiz Abdur Rauf? Man leading funeral of terrorists killed in Operation Sindoor
Hafiz Abdur Rauf NEW DELHI: Hafiz Abdur Rauf , who led the funeral of terrorists killed in the May 7 " Operation Sindoor ," has been called out as a "common man." As soon as the pictures of him being present at the funerals went out, the Pakistani army called him a "common man." Pakistan's top official, DG ISPR Ahmed Sharif Chaudhry, during a press conference, shared Rauf's details, including his national ID number, birth date, and family information. "This man is Hafiz Abdur Rauf, who is actually leading the prayers. He has three daughters, son and he was born in March 1973. You can see his family details and everything," Chaudhry had said in a presentation during a press conference on Sunday in which he had shown Rauf's details. Chaudhary also claimed that Abdul Rauf was a preacher and a member of the Pakistan Markazi Muslim League (PMML) party. Press Information Bureau's fact-check unit exposed Pakistan's another lie and said that the identity details shared by DG ISPR completely overlap with the details of Hafiz Abdur Rauf, a member of LeT's senior leadership since at least 1999 and part of the US sanctions list . Who is Hafiz Abdur Rauf? Hafiz Abdul Rauf is a 'specially designated global terrorist ' (SDGT) by the US department of treasury and is also on the SDN (Specially Designated Nationals) list of the US government. According to the US treasury department, Hafiz Abdul Rauf, a member of LeT's senior leadership since 1999, is the chief of Falah-i-Insaniat Foundation , operating LeT's relief activities in disguise. Earlier, India had pointed out Pakistan's connection to terrorism, citing a viral image of Rauf leading funeral prayers for LeT militants killed during Operation Sindoor, attended by senior Pakistani officials, with a wreath from Maryam Nawaz, Pakistan's Punjab's chief minister and prime minister Shehbaz Sharif's niece.
Time of India
13-05-2025
- Politics
- Time of India
Pakistan's ‘innocent preacher' is actually a global terrorist
Pakistan had claimed that the man leading the prayers was Abdul Rauf (circled), a preacher and member of Pakistan Markazi Muslim League. But it turns out that he was actually Hafiz Abdul Rauf — a 'specially designated global terrorist' by the US who is also on SDN (Specially Designated Nationals) list of the US govt (AFP photo) Pakistan's misinformation campaign was exposed yet again after its claim that the man leading funeral prayers for terrorists was an innocent preacher turned out to be blatant lie and the man in question was identified as a designated global terrorist . During a press conference, Pakistan's DG-ISPR (Director General of Inter-Services Public Relations) had flashed the national ID card of a man with a similar name, Abdul Rauf, claiming that he was a preacher and a member of the Pakistan Markazi Muslim League (PMML) party. However, details from the same bio-data exposed the intricate web of misinformation spun by the ISI. It turned out that Abdul Rauf was not a preacher or Masood Azhar's slain brother with the same name but a different individual with ties to Lashkar-eTaiba. The man, Hafiz Abdul Rauf , is a 'specially designated global terrorist' (SDGT) by the US department of treasury and is also on the SDN (Specially Designated Nationals) list of the US government. Pakistan's lies were busted from their computerised national identity card (CNIC) number visible in the document flashed by DG ISPR Lt Gen Ahmed Sharif. The number 35202-5400413-9 on the document is the same as the one listed by the US treasury and the Office of Foreign Assets Control which incidentally also lists Lt Gen Sharif's father, Mahmood Sultan Bashiruddin, as a designated terrorist with ties to al-Qaida. In the press conference held by DG ISPR during Operation Sidoor, a Pakistan Air Force officer also claimed to have shown 'tactical brilliance' in Pulwama, which is being interpreted as an acknowledgement of the Pakistani military's role in the 2019 Pulwama terror attack that killed 40 CRPF personnel. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invest $200 in Amazon without buying stocks to earn a second salary Marketsall Sign Up Undo They then went on to allege that India's claims of Abdul Rauf being a terrorist were not true. Incidentally, the same photograph of Abdul Rauf at the burial was used by India to identify and release the names of senior Pakistan army personnel and key police officials who attended the funeral of terrorists — including high-ranking officers such as Lt Gen Fayyaz Hussain Shah and Inspector General of Police Usman Anwar. According to the US treasury department, Hafiz Abdul Rauf, a member of LeT's senior leadership since 1999, is the chief of Falah-i-Insaniat Foundation, operating LeT's relief activities in disguise.
Yahoo
12-05-2025
- Business
- Yahoo
Black Box Strengthens Australian Presence. Launches Security Operations Center, and Data Networking Lab in Sydney
MUMBAI, India and SYDNEY, May 13, 2025 /PRNewswire/ -- Black Box Limited (BSE: 500463) (NSE: BBOX), a leading digital infrastructure solution provider, today announced the expansion of its operations in Australia with the launch of a new facility in Sydney. This strategic move underscores Black Box's commitment to providing world-class, customer-centric technology solutions that combine global expertise with tailored local execution. At the core of the expansion is the establishment of a state-of-the-art Security Operations Center (SOC) and an advanced Data Networking Lab. These facilities are purpose-built to meet the growing demand for robust cybersecurity and high-performance networking solutions among Australian enterprises. The new SOC will offer 24/7 threat monitoring, AI-driven risk mitigation, and real-time incident response, enabling organizations to proactively protect their digital environments. Complementing this, the Data Networking Lab will accelerate the deployment of next-generation technologies such as Wi-Fi 6E, AI-powered automation, and Software-Defined Networking (SDN)—empowering businesses to modernize, optimize, and future-proof their IT infrastructure. "Our expansion is fundamentally about serving our customers better," said Mr. Sanjeev Verma, President & CEO, Black Box. "We're not just opening a new office—we're creating a dedicated innovation hub that will transform how Australian enterprises approach digital security and network modernization." This investment represents a significant milestone in Black Box's global growth strategy and reinforces its vision of enabling secure, intelligent, and scalable digital transformation for enterprises worldwide. As Australia's digital economy continues to evolve rapidly, Black Box is committed to playing a leading role in helping organizations strengthen resilience, agility, and competitiveness in an increasingly complex technology landscape. About Black Box Black Box is a global digital infrastructure integrator specializing in network integration, cybersecurity, digital connectivity, and data center services. With 4,000 professionals worldwide, the company supports businesses across the United States, Europe, Asia Pacific, the Middle East, and Latin America, helping them accelerate digital transformation, fortify cybersecurity, and optimize operations. At the core of its solutions is cybersecurity expertise, offering AI-driven threat detection, proactive risk mitigation, and 24/7 security operations to defend enterprises against evolving cyber threats. Partnering with industry leaders, Black Box delivers secure, scalable, and industry-specific technology solutions. By blending cutting-edge security with innovation, the company empowers businesses to build resilient digital ecosystems that drive growth and agility in an increasingly complex threat landscape. For more information, visit View original content: SOURCE Black Box Error 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
