Latest news with #strategicpartnership
Yahoo
21 hours ago
- Business
- Yahoo
Bio Usawa Biotechnology and ServareGMP Form Strategic Partnership to Advance Accessible Biotherapeutic Manufacturing in Africa
Strategic alliance brings advanced first-of-its-kind biotherapeutic production, workforce training, and rapid response capabilities to low- and middle-income countries to address healthcare equity gaps KIGALI, Rwanda and SAN FRANCISCO and SAN DIEGO, July 23, 2025 (GLOBE NEWSWIRE) -- Bio Usawa Biotechnology Ltd. (Bio Usawa) and ServareGMP (Servare) today announced a strategic partnership to establish advanced monoclonal antibody manufacturing capabilities in Africa, directly addressing the critical healthcare access gap affecting patients in low- and middle-income countries (LMICs). This transformative collaboration spans four core pillars: Local Biomanufacturing Infrastructure: Building and operating advanced GMP manufacturing facilities in Africa for the production of high-quality monoclonal antibodies. Workforce Development & Training: Implementing industry-leading training programs to cultivate a skilled biopharma workforce across the continent. Process Innovation: Deploying next-generation process optimization and cost-reduction technologies to make antibody therapies more affordable. Emergency Response Capability: Establishing rapid development and deployment protocols for mAbs to respond to pandemics and regional health crises. Leveraging Industry-Leading Expertise for Healthcare Transformation The partnership combines Bio Usawa's deep understanding of African healthcare markets with Servare's extensive biopharmaceutical development expertise. Together, the organizations bring decades of proven experience across biotherapeutic development, clinical testing, current Good Manufacturing Practice (cGMP), regulatory approvals, and global commercialization of breakthrough biomedicines, including many of the leading blockbuster therapies on the market today. This collaboration is grounded in a shared commitment to addressing the growing therapeutic access disparity in LMICs. The partnership's strategic focus aligns with recent initiatives by both organizations: Servare's collaboration with the Coalition for Epidemic Preparedness Innovations (CEPI) to develop countermeasures against the Nipah virus, and Bio Usawa's partnership with Bioeq AG for BioUcenta, a biosimilar of Lucentis® targeting retinopathies in Sub-Saharan Africa. 'ServareGMP was founded on the belief that world-class biomanufacturing should be globally distributed,' said Gary Pierce, Executive Director of ServareGMP. "Through this collaboration, we are not only addressing immediate healthcare needs but also building sustainable infrastructure that will benefit future generations of African patients. Together, we will impact African healthcare by empowering communities and saving lives.' 'This initiative is about more than medicine—it's about building self-reliance, equity, and resilience,' said Richard Chin, M.D., Bio Usawa's co-founder and Chair of the Board of Directors. 'We are proud to co-create a future in which life-saving therapies are widely available at an affordable price for patients in Africa and in other LMICs. We are building the foundation for a more just and resilient global healthcare system.' A Model for Global Health Equity The partnership extends beyond cost reduction to fundamentally restructure how biotherapeutics are developed, produced, and delivered in LMICs. By investing in local talent, infrastructure, and innovation, the partnership seeks to ensure that patients in Africa can access the same life-saving therapies as those in high-income countries—both during crises and for ongoing care. About Biotherapeutic Access in LMICs Monoclonal antibodies are a cornerstone of modern medicine. However, cost and access barriers prevent their widespread use in many LMICs. This partnership will change that by enabling local production and distribution—cutting costs, reducing reliance on imports, and improving response times in health emergencies. About Bio Usawa Biotechnology Bio Usawa is a leading African biotechnology company dedicated to expanding access to affordable, high-quality biosimilars across the continent. Through strategic industry partnerships and deep regional expertise, Bio Usawa is pioneering a future where life-saving biomedicines are developed, manufactured, and distributed by Africans, for Africans—and beyond. For more information, visit About ServareGMP ServareGMP is a specialized non-profit biotechnology organization founded by industry veterans with extensive experience across the biopharmaceutical value chain. The organization's leadership team brings proven expertise spanning discovery, development, manufacturing, regulatory approval, and commercialization of innovative therapeutics. For more information, visit Media Contacts:For Bio Usawa: Daniel LevineLevine Media Group+1 510-280-5405danny@ For ServareGMP:Enrique Cowenecowen@
Zawya
a day ago
- Business
- Zawya
Saudi: Two MEIRA's members collaborate to advance regional IR innovation, serve listed firms
Saudi Arabia - Elevare360 Advisory, a Saudi-based investor relations and strategic communications consultancy, has signed a strategic partnership agreement with Qatari capital markets data and analytics platform Sahmik to accelerate investor relations (IR) standards across the GCC. Being members of the Middle East Investor Relations Association (MEIRA), both firms will launch a co-branded bilingual IR Platform tailored to clients in Saudi Arabia, according to a press release. The new solution is themed as 'Powered by Sahmik × Elevare360' and will integrate real-time market data, ESG dashboards, and institutional-grade reporting tools into state-of-the-art IR websites. Sahmik platform is already trusted by major GCC listed companies, and is expected to offer Saudi issuers a digital gateway to articulate their equity story, meet disclosure requirements, and actively engage shareholders. It will further support the region's digital transformation drive to attract long-term capital and position listed companies for global visibility. Moreover, the partnership reflects the rising prominence of the Saudi stock market and the abundant opportunities it presents for regional and international investors. Co-Founder and COO of Elevare360, Mishal Al Harbi, said: 'This partnership underscores our conviction that data-driven investor-relations (IR) solutions are essential for Saudi companies that want to attract and retain both institutional and retail investors.' Al Harbi noted: 'By deploying these cutting-edge tools, we can help transform the Kingdom's capital market. Together with Sahmik, we're equipping issuers to be more transparent, investor-ready, and fully aligned with the ambitions of Vision 2030.' It is worth noting that 2024 saw 44 new listings that raised the Saudi Exchange's (Tadawul) total to 353 companies compared with 247 Main-Market names at the end of 2023. 'Momentum is set to accelerate, with forecasts from Al Rajhi Capital, EY, and others projecting 50–60 IPOs across 2025–26,' according to the statement. The partnership, meanwhile, is initially focused on Saudi Arabia and Qatar with plans to expand across the broader GCC in response to growing demand for digital IR tools and localized advisory services.
Arab News
a day ago
- Business
- Arab News
Elevare360 and Sahmik to power IR innovation in region
Elevare360 Advisory, a Saudi-based investor relations and strategic communications consultancy, and Sahmik, a Qatari capital markets data and analytics platform, have signed a strategic partnership agreement marking a pivotal step toward advancing investor relations standards across the GCC. As part of the agreement, the two firms will launch a co-branded bilingual investor relations platform tailored to clients in Saudi Arabia. The new solution, 'Powered by Sahmik × Elevare360,' will integrate real-time market data, ESG dashboards, and institutional-grade reporting tools into state-of-the-art IR websites. Already trusted by major GCC-listed companies, Sahmik's platform brings proven technology and credibility to the Kingdom. The solution will offer Saudi issuers a digital gateway to articulate their equity story, meet disclosure requirements, and actively engage shareholders — supporting the region's digital transformation drive to attract long-term capital and position-listed companies for global visibility. This partnership reflects the rising prominence of the Saudi stock market and the abundant opportunities it presents for regional and international investors. It also signals the growing maturity of GCC-based companies in adopting professional IR practices and forging high-impact cross-border alliances. As part of the agreement, the two firms will launch a co-branded bilingual investor relations platform tailored to clients in Saudi Arabia. Amid the Kingdom's busiest issuance cycle to date, 2024 saw 44 new listings raise the Saudi Exchange's total to 353 companies — up from 247 main-market names at the end of 2023. Momentum is set to accelerate, with forecasts from Al-Rajhi Capital, EY, and others projecting 50–60 IPOs across 2025–26. Against this backdrop of rapid expansion, the Elevare360 × Sahmik collaboration arrives at a pivotal moment — equipping issuers with data-rich, bilingual IR technology and strategic counsel to stand out, meet rising disclosure demands, and compete for global capital on a broader, faster-moving market stage. 'This partnership underscores our conviction that data-driven investor-relations solutions are essential for Saudi companies that want to attract and retain both institutional and retail investors. By deploying these cutting-edge tools, we can help transform the Kingdom's capital with Sahmik, we're equipping issuers to be more transparent, investor-ready, and fully aligned with the ambitions of Vision 2030,' said Dr. Mishal Al-Harbi, co-founder and COO of Elevare360. 'The Elevare-Sahmik alliance is a natural extension of our mission to democratize access to capital markets data and IR technology. By combining our analytics engine with Elevare's strategic expertise, we're delivering a truly end-to-end IR solution that scales across the GCC,' said Dalibor Pajic, head of content and data management. Rasha El-Hassan, head of IR advisory at Elevare360, added: 'The integration of advanced analytics and real-time market intelligence with strategic advisory services is a game changer for IR professionals across the region. Through our partnership with Sahmik, we are empowering companies to proactively manage investor perceptions, streamline compliance, and elevate their equity narratives in alignment with global best practices. This collaboration marks a significant leap forward in setting new standards for investor engagement and transparency in our region.' Initially focused on Saudi Arabia and Qatar, the partnership plans to expand across the broader GCC in response to growing demand for digital IR tools and localized advisory services. As members of the Middle East Investor Relations Association, both Elevare360 and Sahmik view this partnership as a testament to the value of regional collaboration within the MEIRA community — demonstrating how shared standards, data transparency, and strategic storytelling can unlock cross-border value.
Finextra
2 days ago
- Business
- Finextra
UBS signs multi-year data and analytics deal with LSEG
UBS Group AG and LSEG today announced a long-term strategic partnership that will enable UBS to adopt LSEG's full suite of data & analytics solutions across asset classes, business franchises and the trade lifecycle of the bank. 0 This multi-year partnership supports UBS's strategic growth ambitions and plays an important role in the Group's integration programme and objectives, enabling the delivery of cost synergies and operational efficiencies. By consolidating data infrastructure, enhancing data cataloguing, and streamlining data governance and access across the bank, the partnership will strengthen UBS's ability to meet evolving needs and serve clients with greater agility and precision. The partnership also positions UBS to benefit from the next-generation capabilities on LSEG Workspace. These include cloud-native analytics, AI-powered modelling tools, and enhanced interoperability across platforms such as Microsoft Teams and Microsoft Excel — all designed to accelerate innovation and improve decision-making across UBS's value chain. The integration of advanced AI and cloud-based capabilities will support UBS in accelerating innovation, improving data-driven decision-making, and unlocking new opportunities across its global business. Sergio P. Ermotti, Group Chief Executive Officer, UBS, said: 'This expanded partnership reflects our shared commitment to innovation, efficiency, and delivering differentiated value to our clients. As we continue to execute on our integration strategy, the longstanding trusted partnership with LSEG will be important in unlocking synergies, supporting scalable and long-term revenue growth across the Group.' David Schwimmer, Group Chief Executive Officer, LSEG, commented: 'We are proud to deepen our partnership with UBS through this strategic agreement. Our focus is on delivering high-quality, multi-asset class solutions that support our partners' and customers' evolving needs. We look forward to working closely with UBS to enable mutual, sustainable growth for both organisations, and the wider market.'
Yahoo
2 days ago
- Business
- Yahoo
Global Defense Contractor Burke Products Selects Datavault AI for Enhanced National Defense and Aerospace Technologies Contracts
Datavault AI Selected to Support Mission-Critical Defense and Aerospace Programs in Strategic Partnership with Burke Engineering BEAVERTON, Ore., July 22, 2025--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT), a leader in data visualization, valuation, and monetization technologies, today announced a strategic partnership with Burke Products ("Burke"), a minority-owned Tier 1 supplier to Lockheed Martin (NYSE: LMT), Raytheon Technologies (NYSE: RTX), Department of Defense, Original Equipment Manufacturers (OEMs), and the Defense Logistics Agency as well as their international allied force corollaries. The partnership stands to deliver 2025 Revenues from existing contracts of Burke's that have now been subcontracted to Datavault AI and is set to scale into productized offerings into 2026. Within the partnership Datavault AI has been contracted by Burke Products to engineer and produce solutions responsive to an array of opportunities. All opportunities are managed under the contract in a case-by-case fashion designed to be responsive to private and public RFPs and requests made directly and through subcontracts obtained by Burke and other contracting mechanisms in place at Burke Products on a global basis. Military grade engineering, manufacturing and productization is now underway. The collaboration aims to advance defense and aerospace capabilities by integrating Datavault AI's services and proprietary data and ADIO® tone technologies with Burke's experienced manufacturing and engineering teams to accelerate productization and speed to market that Datavault AI's technologies have been designed to automate and support at scale. According to Janes, global defense spending is projected to exceed $2.2 trillion in 2025, with the U.S. defense budget alone expected to surpass $900 billion. As modernization efforts escalate, the sector is increasingly focused on secure data solutions, advanced tracking, and predictive intelligence—areas where Datavault AI is uniquely positioned to deliver for Burke new and innovative solutions that solve for advantages and forward progression of technologies in this sector. With Web 3.0 centric contributions of Datavault AI this partnership will explore technological synergies with particular emphasis on secure data management, resource tracking, and communication systems critical to mission success. Aaron Bakhshi, CEO of Burke Products, shared his outlook on the business alliance and licensing contracts now in place with Datavault AI, "For more than 59 years, Burke Products has supplied advanced electro-mechanical components and assemblies to leading defense and aerospace partners, including Lockheed Martin, Raytheon Technologies, Northrop Grumman, General Dynamics, the U.S. Navy, the Defense Logistics Agency, and their allied international counterparts. As a minority-owned defense contractor committed to engineering innovation, we view this strategic alliance with Datavault AI as a transformative step toward future-ready solutions. The introduction and demonstrations of Datavault's solutions into our product portfolio marks a significant evolution in how we approach innovation across mission-critical systems." Bakhshi continued: "This collaboration originated from Sonia Choi's ability to identify and align mutual strategic interests, particularly around innovations in acoustic sciences and separately, the urgent challenge of addressing stolen valor—two distinct areas where Datavault AI's platform provides an elegant and effective solution. Additionally, our shared vision around the scalable deployment of Digital Twin technologies further strengthens the foundation of this partnership and unlocks significant future potential. Her skill in connecting advanced technology to real-world defense applications and viable business models was instrumental in forming this agreement. It resonates with me, as it reflects the executive vision and innovation that Burke Products strives to champion across all of our initiatives. We believe the work underway with Datavault AI will deliver measurable value to our clients and help redefine operational standards across multiple defense verticals with new Web 3.0 solutions." The first phase will integrate Datavault AI's acoustic sciences services and products, including patented ADIO® tone technology, into Burke's pre-existing systems. Future phases may expand into integrating Datavault AI's proprietary data solutions for digital twin modeling, predictive analytics, inventory logistics and management as well as blockchain-based can tools to secure supply chains and authenticate critical components throughout their lifecycle. "It has been an honor to work with and partner alongside Aaron Bakhshi and Burke Products to help extend Datavault AI's orchestrated blend of talent and technological footprint into the defense sector," said Sonia Choi, Co-Founder and CMO of Datavault AI and Lead Principal Investigator on a privately funded Strategic Partnership Project facilitated through the U.S. Department of Energy's Brookhaven National Laboratory. "Burke Products has a rare and profound legacy of combining engineering precision with innovation—qualities that immediately resonated with our shared commitment to mission-critical performance. We are both builders and systems thinkers, capable of harnessing our technologies to automate high-value solutions in environments defined by complexity and zero tolerance for error. By leveraging our advanced data and acoustic sciences to solve real-world problems and by aligning our ecosystems together, we're laying the groundwork for scalable, American-built solutions. This marks a pivotal step and underscores Datavault AI's strategic entry into, and sustained relevance within, modern defense infrastructure," stated Sonia Choi. As the defense and aerospace sectors rapidly evolve, this partnership marks a significant milestone. With a focus on security, precision, and next-gen data integration, Datavault AI and Burke Products are working together to shape the future of national defense technology. Nathaniel T. Bradley, Co-Founder and CEO of Datavault AI, asserted: "This collaboration marks an international milestone of a scale we couldn't have anticipated when we first founded the company. Sonia Choi has been diligently building toward this moment for years, and her ability to identify high-impact applications for Datavault AI's technologies—while guiding our team through the execution with focus and discipline—has been exceptional. Through her vision and leadership, we've reached a breakthrough that aligns seamlessly across our VerifyU, ADIO®, High Performance Computing, WiSA and Datavault platforms, in concert with Burke Products' expansive capabilities, trusted network, and precision-driven engineering excellence." Bradley noted, "Together, with Burke Products, we now have an industry leading, solutions-oriented contracting partner that not only understands Datavault AI's mission, but is equipped to deliver defense-grade, purpose-built innovations when they are most needed. Sonia's and Aaron's influence will have a lasting impact—not only on Datavault AI's trajectory, but on the broader U.S. defense industry it serves. We're deeply grateful to Burke Products for validating our intellectual property, recognizing the strength of our team, and stepping forward with us to realize the full potential of this partnership." About Datavault AI Inc. Datavault AITM (Nasdaq: DVLT) is leading the way in AI driven data experiences, valuation and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at About Burke Products, Inc. Burke Products, Inc. is a minority-owned manufacturer of high-precision electro-mechanical components and assemblies, serving the aerospace and defense sectors for over 59 years. The company has established a longstanding reputation for reliability and excellence across critical supply chains, maintaining established relationships with clients including the U.S. Department of Defense, Defense Logistics Agency (DLA), Lockheed Martin, Raytheon Technologies, Honeywell, General Dynamics, Goodrich, and Johnson & Johnson. Internationally, Burke has fulfilled government contracts and procurement programs for India and our allied defense partners in the UK, Japan, Germany, Turkey, and many others. Operating under ISO and AS-compliant quality systems, Burke specializes in contracted manufacturing, acoustic systems and technology integration, and rapid design-to-production capabilities for defense-grade hardware. Its core competencies support both domestic and allied military readiness through scalable, high-integrity supply partnerships. To learn more about Burke Products, please visit Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as "expect," "will," "anticipates," "estimates" and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law. View source version on Contacts Investors: Alliance Advisors Investor Relationsdatavaultinvestors@ Marketing Inquiries: marketing@ Error while retrieving data Sign in to access your portfolio Error while retrieving data
