Latest news with #Triad
Time Business News
22-07-2025
- Business
- Time Business News
Wound Care Biologics Gain Ground in Healing Complex Surgical and Trauma Wounds
The bioengineered products used for non-healing wounds of lower extremity are Wound care biologics. Usage involves of active biological agents such as plant and animal-derived biomolecules which exhibits antioxidant and antimicrobial properties. They used in the post surgeries and trauma cases as they provide moist healing environment aiding heat loss, protein, and prevent bacterial contamination. Demand for various products are also been manufactured to replace or augment various substrates in the wound healing cascade. Wound care biologic dressings are increasingly being used in post surgeries and severe trauma cases as they provide moist healing environment aiding heat loss, protein and electrolyte loss for faster healing, and prevent bacterial contamination. Key Growth Drivers and Opportunities Increasing incidence of traumatic: Growing incidences of traumatic, surgical, ulcers and burn wounds are the major driver factor of wound care biologics. In 2017, according to global diabetes community it was estimated that 422 million adults are living with diabetes globally, and this is expected to increase to 642 million by 2040. Challenges The higher cost tag associated with biologics and the tough regulatory hurdles for bringing new tissue-engineered products to market are holding back the growth of the wound care biologics sector. Smaller healthcare centers frequently find it tough to pay for or keep these cutting-edge treatments on hand, which limits patients' ability to get them. Innovation and Expansion Convatec Enters Biologics Market with Triad Life Sciences Acquisition In March 2022, Convatec Group Plc made a move by acquiring Triad Life Sciences Inc., a medical device company from the United States. Triad focused on creating products from biological sources to help heal surgical wounds, chronic wounds, and burns. For Convatec, purchasing Triad was a truly significant step. It allowed them to enter the market for biological wound care solutions, providing them with more tools to address medical needs that had previously gone unmet. MIMEDX Gains Japan Approval, Expands Global Footprint with Epifix In June 2021, MIMEDX (US) received approval from the Japanese Ministry of Health, Labour and Welfare for the commercialization of Epifix in Japan. MIMEDX, a US-based company, has received the green light from Japan's Ministry of Health, Labour and Welfare to bring Epifix to market in Japan. This news is a big deal and marks a major step forward for the company's plans to expand its reach around the world. Inventive Sparks, Expanding Markets Key players operating in the wound care biologics market includes Smith & Nephew Plc., Organogenesis, Inc., Integra Lifesciences Holdings Corporation, among others. Companies in the wound care biologics sector are focused on providing cutting-edge healing options that speed up recovery and enhance the quality of life for patients. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS
Business Wire
22-07-2025
- Business
- Business Wire
Triad Bank Taps Vine to Deliver Faster, Relationship-Driven Commercial Lending
AUSTIN, Texas--(BUSINESS WIRE)-- Vine Financial, a commercial lending accelerator for banks and credit unions, announced that Triad Bank is using its commercial lending technology to streamline workflows and better serve local businesses. 'As a community bank with a credit policy different from a larger institution, Vine was able to adapt to our workflow, making it easy to align the platform with our specific underwriting and analysis needs.' Triad Bank has always prioritized personal relationships and fast, creative service. By implementing Vine, the bank is significantly reducing the time and effort required to move commercial loans from application to decision. Vine's platform brings together AI-powered document reading and generation, financial analysis and smart workflows, allowing Triad's team to respond faster, stay focused on client needs and scale its commercial lending operations without sacrificing personal service. 'Vine offers a highly customizable loan analysis platform, allowing us the ability to tailor data inputs, risk metrics and report outputs to fit our specific underwriting framework and portfolio review strategy,' said Melissa Patocka, Senior Vice President, Triad Bank, Tulsa. 'As a community bank with a credit policy different from a larger institution, Vine was able to adapt to our workflow, making it easy to align the platform with our specific underwriting and analysis needs.' Vine's platform is designed to accelerate commercial lending by reducing time-consuming, manual work. It reads borrower documents, spreads financials, generates credit memos and aligns output with the bank's credit policy, all within one unified system. Before adopting Vine, Triad's commercial lending process could take several days. Now, Vine automates the heavy lifting, providing a more streamlined, auditable and borrower-friendly experience. 'Triad Bank is everything a modern community bank should be, relationship-driven, responsive and focused on delivering real value to customers,' said David Eads, CEO and co-founder at Vine. 'We're proud to be their partner and excited to help their team grow their impact even further.' About Vine Financial Vine is a faster, more accurate, and more auditable Commercial Lending Accelerator for banks and credit unions. From document reading to spreading to document generation, Vine empowers lenders with the tools they need, all in one platform. With Vine, financial institutions can deliver faster decisions, provide more value, and build stronger relationships. For more information, visit
Yahoo
07-06-2025
- Business
- Yahoo
Executive order signed to lift ban on overland supersonic flight, opening door for future Greensboro-made jet
GREENSBORO, N.C. (WGHP) — A company with ambitious goals centered on the Triad is celebrating the issuance of a presidential executive order. On Friday, Donald Trump signed an executive order to lift the FAA's ban of supersonic flights over the United States. Recently, Senators Ted Budd (R-North Carolina) and Thom Tillis (R-North Carolina) were among several lawmakers who introduced bills in the house and senate that would revise this ban. The lifting of this ban comes as Boom Supersonic, a company aiming to build a supersonic airliner, has chosen Piedmont Triad International Airport in Greensboro as the site where it will build engines for its planned Overture jet. Boom wrote in a statement that it supports repealing the ban, which the company calls outdated. Boom Supersonic did multiple test flights earlier in the year with their XB-1 jet, which broke the sound barrier without creating an audible boom. 'Legalizing supersonic flight makes a renaissance in supersonic passenger travel inevitable,' said Blake Scholl, Founder and CEO of Boom Supersonic. 'We're grateful to President Trump for his leadership—this important step allows us to accelerate development of our Overture supersonic airliner.' Boom is investing about $500 million to build Overture, a commercial supersonic jet, in Greensboro and, in January 2023, on a 62-acre site where its so-called 'Superfactory' is . The company, which plans to employ more than 1,700, also has an . Boom plans to have its first passengers in the air by 2029 and will fly more than 600 'profitable routes' to destinations worldwide with a range of 4,250 nautical miles. Boom has taken on three partners to design and build which will power the Overture, and now has partnerships with companies to provide Another partner, Dimensional Energy, is to provide which is as being made from 'renewable biomass and waste resources,' which could be corn, algae or wood products. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23-05-2025
- Business
- Yahoo
GTCC to launch new biotechnology program to train students for jobs in growing industry
GUILFORD COUNTY, N.C. (WGHP) — Biotech is growing in North Carolina, and now one Triad college is stepping up to help train the workforce. Guilford Technical Community College is launching a new program this fall to help students land jobs in the growing biomanufacturing industry. GTCC leaders said that with biotech companies already growing in Guilford County, they say now is the time to build a local pipeline of skilled talent. The program is designed to help students step directly into jobs like bioprocess technicians, pharmaceutical production specialists and quality control analysts in the Triad. 'We've got multiple companies that are currently in Guilford County and biotech … It's a growing field,' GTCC Dean of STEM Anne Simpson said. The new Bioprocess Manufacturing Technology Program at GTCC is launching this fall. Students will train hands-on in microbiology, cell culture and manufacturing processes, which are skills that match what employers are asking for. It will span five semesters. 'It is an associate of applied science degree. The students who will complete the program will be able to enter the workforce and our biomanufacturing field,' Simpson said. Companies in the industry are already operating in Guilford County. 'We have Galera, Syngenta, and a smaller one that we've worked with so far is BioGreen Synergy, and they do biofuel also,' Simpson said. GTCC hopes their graduates will stay local after they graduate. They're also working directly with companies to align coursework with their workforce needs. 'We have started our industry committee for the new program. and that allows the industry folks to be able to tell us what their needs are, and we can ensure our curriculum is meeting those needs … That can be from the actual curriculum. That can be soft skills that students need to develop while they're training with us and ensuring that as the technology changes, our curriculum changes to match those industry needs as well,' Simpson said. GTCC is capping the first cohort at 24 students, and registration is now open for the fall semester. While classes will begin on Aug. 14 in GTCC's existing biology labs, a new lab space is already in the works at the GTCC Center for Advanced Manufacturing on the Jamestown campus. GTCC is also participating in a MentorLinks grant through the NSF. The partnership will support the continued development of the new program. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Perth Now
22-05-2025
- Science
- Perth Now
Women are attracted to men with psychopathic traits
Couple kiss Credit: BANG - Entertainment News BANG - Entertainment News Bang Showbiz Women are more attracted to men with psychopathic traits. New findings - conducted by researchers from Hunan Normal University in China - show that men with psychopathic traits are more appealing to the opposite sex. In the study, the researchers showed photos of men with varying degrees of Dark Triad traits - narcissism, machiavellianism and psychopathy - to over 500 women, who were asked to rate the men in terms of attractiveness and trustworthiness. The results revealed that the images of the men with high Dark Triad traits were seen as both more trustworthy and more attractive by females. Study author Dr. Qi Wu said: "In short-term cooperative settings, individuals with high Dark Triad traits tend to inspire more trust." "[This is] partly due to being seen as more attractive based on their facial features."
