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  • 03 Feb 2023 12:05 PM | Mike Hearn (Administrator)

    AFT Pharmaceuticals (NZX: AFT, ASX: AFP) today announces it has reached agreement with Latitude Pharmaceuticals Inc to license Latitude’s key technology to develop a stable antibiotic eye drop for patients at risk of serious eye infections.

    The total addressable market is estimated by AFT Pharmaceuticals and Latitude Pharmaceuticals as US$1 billion globally.

    Latitude is a formulation development contract research organization based in San Diego, United States, that provides innovative drug formulation development services and proprietary drug delivery systems to the human and veterinary pharmaceutical industries.

    The licensed intellectual property involves a patented aqueous stable formulation for an antibiotic eye drop. The antibiotic is already approved for treating a wide range of medically important bacterial infections including those caused by the antibiotic resistant MRSA (Methicillin Resistant Staphylococcus Aureus) bacteria. However, no approved ophthalmic solution for this antibiotic currently exists for the treatment of serious, potentially sight-threatening infections, with the market being served with eye drop solutions made by compounding pharmacies.

    AFT Managing Director Dr Hartley Atkinson says “Such extensive off-label use has validated the market potential for this antibiotic for treating a number of important ophthalmic conditions and the availability of a registered pharmaceutical product would enable insurance coverage in the key USA market while avoiding the risk of contamination from compounding operations.”

    The planned development programme is expected to take 3-4 years up to the point of regulatory filings globally including in the major markets of USA, Europe, China, and Japan. The programme is intended to be included within the company’s existing research and development budget, which is forecast to be circa $12m per annum in the FY2023 and FY2024 financial years.

    Dr Atkinson says: “We see this as a very worthwhile area to help the treatment of patients at risk of a serious eye infection due to drug resistant super bugs. It also offers an attractive global commercial opportunity and is aligned with our recent drive to further build up our research and development pipeline to fuel our global growth aspirations.”

    Latitude President, Dr Andrew Chen, says the agreement with AFT Pharmaceuticals is an exciting opportunity for the company.

    “Partnerships with companies like AFT Pharmaceuticals are essential for realising a technology’s full potential. AFT has the networks, skills, and resources to make the most of this important opportunity, and it is exciting to partner with them on this journey.”

    AFT has considerable expertise in drug repurposing work (reformulation of existing drugs) having started such projects with Maxigesic back in 2004 and has previously conducted clinical studies in several countries around the world.

    AFT has developed and out-licensed patented repurposed pharmaceutical products in over 100 countries and, to date, launched these products in some 53 countries. AFT also in-licensed a significant number of products and has a growing number of existing R&D programmes.


  • 01 Feb 2023 12:52 PM | Mike Hearn (Administrator)

    NAPA, CA -Jan. 31, 2023/PRNewswire — CropX Technologies, a global leader in digital solutions for agronomic farm management, today announced its acquisition of Tule Technologies, a precision irrigation company based in California. This acquisition brings new data capture technologies to the CropX Agronomic Farm Management System and expands its market in California drip-irrigated specialty crops.

    The CropX system offers its users real-time mobile and desktop insights and advice on irrigation, disease control, nutrient management and more, based on above-ground crop sensing data and below-ground soil monitoring. Tule brings a complementary new mode of data collection from above the plant canopy that precisely determines crop water use, which will enhance CropX’s artificial intelligence predictions, recommendations and automations, and add to its solutions for drip-irrigated specialty crops such as tree-nuts and vineyards.   

    “We are excited to welcome Tule to CropX, expanding our offerings to our customers to solve agronomic problems. With Tule’s canopy data incorporated into the CropX system, CropX is adding a new and powerful dimension to the world’s most complete precision irrigation solution,” said Tomer Tzach, CEO of CropX Technologies.

    Effective immediately, all Tule employees will join CropX, adding expansive on-farm and client service expertise in the specialty crop and drip irrigation space, as well as technology talent to CropX’s growing global team. 

    “At Tule, we’ve admired CropX for their agronomic expertise, engineering excellence, and global ambition,” said Dr. Tom Shapland, CEO of Tule Technologies. “We couldn’t be more thrilled to join the CropX team.”

    The acquisition comes at a time of increasing demand for precise watering technologies in agriculture. “The farming industry is at the frontlines of global challenges to balance food security with water and other natural resources,” said Dr. John Gates, Senior Vice President and Global Head of Product at CropX. “We are committed to helping our customers manage water confidently and efficiently with technology. Tule’s unique tech and vast experience with California vineyards and orchards are a perfect fit.” 

    This is the fourth acquisition CropX has made since 2020 and the second US-based company. CropX acquired Nebraska-based CropMetrics in the first quarter (Q1) of 2020, New Zealand-based Regen in Q4 of 2020, and Netherlands-based Dacom Farm Intelligence in Q3 2021, in each case adding expertise, technologies, customers, data and expanding markets.  CropX will do the same with Tule working to incorporate the team and technology into an easy-to-use yet powerful agronomic farm management system. The final results being a more robust solution to more farmers and enabling a sustainable and connected agriculture industry.

    About Tule Technologies 

    Founded in 2014 with backing from Y-Combinator and others, Tule (pronounced “too-lee”) combines proprietary technology, agronomic expertise, and cutting-edge artificial intelligence to provide farmers with irrigation decision support solutions. Their unique in-field sensor, developed at the University of California, Davis, is the only commercially-available device for measuring Actual Evapotranspiration (i.e., the water use of a farm field). The company’s customers include the winemakers who tend to coastal California’s most prized vineyards to the agronomists who farm thousands of acres of tree crops in California’s inland valleys.

  • 23 Jan 2023 4:31 PM | Mike Hearn (Administrator)

    Kaibot, the small New Zealand AI-enabled learning robot designed to help five-15-year-old children learn to code, will launch this week at the Future Education Technology Conference (FETC) in New Orleans.  

    The Kiwi-designed robot and its online platform Kaibot in Kainundrum has already won acclaim, taking out the Learn-to-Code category in the Smart Toys Competition in Dubai 2023, and being named as a finalist in the DA top EdTech product of the year award for 2023.

    Over the next three months, Kaibot will be put through its paces in front of thousands of teachers throughout the US.

    Such is the level of interest in Kaibot that influential tech educators will be participating in workshops and professional development seminars featuring Kaibot at FETC and other educational events throughout the US this year.

    Founder Bruce Jackson says that he’s excited to get Kaibot in front of the education community for real hands-on demonstration.

    “Kaibot is designed to make learning to code, fun, intuitive and challenging, and to hold the attention of the youngest school children through to more capable teenage coders.

    “I'm a firm believer that coding is an essential skill, just like reading and math. Even if you don’t want to get into a computer science role in the future, a basic understanding of code will be useful even in traditional fields, even if you're going to be a doctor or a lawyer,” Jackson says.

    Kaibot is unique in the way it blends coding, learning, and 3D visualization to create a fun and engaging learning experience that can be scaled up in complexity as the child learns.  

    The innovative palm-sized black and blue robot is coded using a deck of cards with commands printed on them - Kaibot scans the sequence of cards and then plays back what’s been scanned, allowing it to participate in races and challenges.

    The robot can be operated entirely without using a computer screen if desired, or with the addition of its online platform, Kaibot in Kainundrum, its exploits can be viewed in an interactive 3D environment on a computer or iPad, allowing the use of block-based coding and the ability to develop their own games using lasers, gates and mirrors.

    The beauty of Kaibot is that this allows the educator to choose the amount of technology that is brought into play, depending on the age and stage of the participant, using a blend of the physical and the digital worlds.

    A unique feature is the ability to use braille-imprinted coding cards meaning that blind, or hard-of-sight students are also able to participate in coding education and fun challenges.

    “We wanted an inclusive product, no matter what difficulties the child may be facing. No matter what gender, or if they’re visually impaired, or hearing-impaired, we want to improve education equity,” Jackson says.

    Leading educators are already impressed by Kaibot and Konundrum and are developing comprehensive learning plans featuring the robot. Some will be presenting these plans at workshops and professional development seminars at FETC and other shows throughout the US.

    One leading academic in this field, Rudy Neufeld, CEO, President and Senior Author at Neufeld Learning Systems Inc. has published a 260-page resource; “First Steps in Coding through Mathematical Thinking and Game-Based Learning” - which presents lesson plans and suggested activities utilising Kaibot for beginners to advanced learners in coding from concrete to the abstract.

    “Robots engage the minds of students in rich, exploratory, open-ended enquiries, thereby creating, ‘Communities of Innovation’, as students work together and share their explorations and findings,” says Neufeld.

    “The processes of understanding how to code takes the learner through a rich field of mathematical concepts. When you create code, you are speaking mathematics. In coding, one teaches a robot which then gives feedback, to reflect the thinking by giving a visual, concrete result,” he says.

    Jackson’s passion for robotics and coding began 5 years ago, when he took his son along to a school open-day that promised an introduction to coding. He discovered that there weren’t actually the kind of interactive learning devices available on the market to make it easy to teach coding to youngsters – so, he set out to create his own.

    His first product ‘Kai’s Clan’ broke new ground, creating a STEAM toolbox for students 8+ years old, also winning International Product Awards. Kai’s Clan is a great ‘next-step’ resource for educators and kids who’ve done a little bit of scratch/blockly in the classroom. When Covid hit, Jackson and his team took the time to expand – KaiBot was conceived.

    Ronel Schodt, Kai's Education, Sales and Marketing Manager says that with computer science and digital technologies now becoming a compulsory part of the curriculum right around the world, that means the potential for KaiBot is enormous.

    “We are very excited to be attending FETC and finally revealing Kaibot to the world,” she says. 

    “FETC attracts the most dynamic and innovative education leaders and professionals from around the world and is known as the best place to engage with the thought leaders who are leading the charge in classrooms.

    “The level of support we’ve received is incredible and we can’t wait to meet everyone and let Kaibot show what it can do,” she says.



     For more information, contact:

    PR Representative, Paul Blomfield, PH: 021 970 871

    Ronel Schodt, Kai's Education, Sales and Marketing Manager, PH: +64 21 746 871

    Kai’s Education website: Kai's Education Home - Kai's Education (
  • 22 Jan 2023 11:02 AM | Mike Hearn (Administrator)

    Delta will debut a Los Angeles-Auckland service in October, bringing much-needed competition to the route.

    The airline will operate daily flights between from October 28 using an Airbus A350-900 aircraft, it announced today.

    The giant US carrier will take on Air New Zealand as the only airline flying the Auckland-Los Angeles route non-stop, although there are some indirect services through the Pacific. Passengers have complained of high prices on Los Angeles route and Delta becomes the only US airline on the routes.

    American Airlines didn’t reinstate the Auckland-Los Angeles services it ran before the pandemic.

    Delta will have more than 1750 weekly flights to 85 destinations around the globe this northern summer and has just been named the most punctual airline in the US.

    “With brand-new flights this year to cities like Auckland, Geneva and London-Gatwick, we’re giving customers more options to enjoy the premium experience and elevated hospitality they have come to know and expect from us,” said Joe Esposito, Delta’s senior vice president of network planning.

    Delta operates more than 150 daily flights from Los Angeles to 53 destinations across the globe as the airport’s leading premium global carrier.

    “LAX continues to grow its global network of destinations that are connecting Angelenos to every corner of the globe, and Delta’s addition of nonstop service from Los Angeles to New Zealand is in lockstep with the airline’s commitment to expand and improve service to our region,” said Justin Erbacci, chief executive officer of Los Angeles World Airports.

    Delta offers connections to 45 cities in the America’s through Los Angeles.

    Auckland Airport’s chief executive, Carrie Hurihanganui, said Delta’s announcement was a wonderful way to start the year

    “Los Angeles has always been a popular choice for Kiwi travellers, either heading to experience the best of California, or to destinations across the United States and beyond. It’s also real a vote of confidence in New Zealand as a high-quality travel and tourism destination. ‘‘

    North America is the country’s second largest inbound market, after Australia.

    The airline says on flights between Auckland and LAX, customers have a choice of three cabin types from economy to a business class offering with a lie-flat seat.

    For the second year in a row, Delta earned a top Cirium award for global operational excellence. The award reflects Delta’s operational complexity, and the exemplary work of Delta people to achieve on-time performance while limiting the impact of disruption to its customers.

    Delta was the most on-time North American airline in 2022. Of Delta’s 1,004,684 flights last year tracked by Cirium, 83.63 per cent arrived on time, Cirium reported.

    Delta has more than 90,000 staff and has more than 4000 daily flights to more than 275 destinations on six continents. It flies 200 million customers a year.

    The entry of Delta to the Los Angeles route will follow head-to head competition on another of Air NZ’s prized services: Auckland to New York. Qantas has announced plans to start flying that route from the middle of the year.

    And more capacity is being added to mainland China routes now that country has eased Covid-19 restrictions. It is expected that by April 50 per cent of pre-pandemic capacity will be re-instated. Flights to, and through China, on carriers China Southern and China Eastern will further increase competition on longhaul routes and put downward pressure on fares.


  • 20 Jan 2023 10:05 AM | Mike Hearn (Administrator)

    Twenty-five year M&A veteran retained to identify targets.

    Auckland-based GPS component maker Rakon is targeting US acquisitions to gain access to top-tier America companies.

    CEO Sinan Altug told shareholders yesterday there were "clear synergies" in buying a US-based business with local US manufacturing to strengthen existing customer relationships. 

    "An acquisition of this nature could also put Rakon in a good position to benefit from the Biden Administration's initiatives to grow US-based semiconductor supply chains," Altug wrote in a New Year message.

    Rakon, which has thrived during recent global chip shortages, had retained mergers and acquisitions veteran Angus Cooper as it focused on identifying companies that could complement its existing operations.

    Cooper boasts 25 years of public company experience and successfully led over 30 acquisitions, with a track record of delivering value to shareholders, Altug said.

    "Our M&A efforts focus on identifying companies that would complement our existing operations, provide access to new markets and technologies, and ultimately drive long-term value for our shareholders, he said.

    Meanwhile, construction at Rakon India’s new manufacturing facility in Bengaluru (Bangalore) is nearing completion. Clean room facilities were finished and the process of transferring manufacturing operations from the existing site had begun.

    Other key growth projects were tracking well, Altug said.

    These included a new nanotechnology production process supporting five products and generating strong customer interest; a suite of products for low earth orbit satellites which were establishing Rakon in that ecosystem; and a new semiconductor chip. 

     Altug said Rakon would also shortly move its UK semiconductor chip development team to new offices in Cambridge, to tap into a "vibrant" talent pool in the heart of the UK's semiconductor design ecosystem.


  • 10 Jan 2023 2:23 PM | Mike Hearn (Administrator)

    Volpara Health Technologies (“Volpara,” “the Group,” or “the Company”; ASX:VHT), a global leader in software for the early detection of breast cancer, today announced that it has signed five-year contracts with five of North America’s leading healthcare providers, representing over US$7.8M in TCV (NZ$12.3M1).

    The new volume-based contracts include the full breadth of Volpara software: Deal Customer Description Contracted software TCV Bon Secours Mercy Health The United States’ fifth largest Catholic health care ministry with 48 hospitals is one of the nation’s 20 largest health care systems Volpara Risk Pathways™ US$1.55M

    Adventist Health A faith-inspired, non-profit integrated health system serving more than 80 communities on the West Coast and Hawaii Volpara Patient Hub™ Volpara Risk Pathways™ Volpara Scorecard™ US$1.69M

    Northside Hospital One of Georgia’s leading health care systems serving 5 million patient annually. Volpara Patient Hub™ Volpara Risk Pathways™ Volpara Scorecard™ US$1.93M 

    Duly Health and Care The largest independent, multi-specialty physiciandirected medical group in the Midwest Volpara Analytics™ Volpara Risk Pathways™ Volpara Scorecard™ US$1.45M

    Onsite Women’s Health An innovator in the delivery of breast health services through a collaborative care model partnering with OB/GYN and primary care practices nationwide Volpara Analytics™ Volpara Scorecard™ US$1.19M

    The company also announces that Centura Health, a 19-hospital health system serving patients across Colorado and western Kansas, has renewed for an additional five-years. The contract is a further US$887K (NZ$1.4M1) in TCV.

    Volpara Group CEO Teri Thomas said: “Volpara is delighted to partner with such large and wellrespected organisations to save even more families from cancer. The growing demand for Volpara’s breast software, which brings together cancer risk assessment, density scoring, image quality optimization, and patient tracking and reporting, reflects an industry transformation to more datadriven, personalized, high-quality care.” Thomas adds: “These new contracts are also representative of the “elephant” commercial opportunities Volpara is prioritizing to drive recurring revenue growth. The upgrades and renewals reflect the success providers rely on Volpara to deliver.”

    Installation is expected to occur within the next six to twelve months. All contracts are expected to contribute to revenue growth from FY24 onwards and all contracts are for an initial five-year subscription license term with annual payments. Each customer has the right to terminate their contract after 3 years, except for Bon Secours Mercy Health. Consideration paid upon signing for each contract is not considered material. 


  • 20 Dec 2022 5:28 PM | Mike Hearn (Administrator)

    Parrot Analytics Partners With University Of Chicago, McGill University, And Duke University To Study Local Community Impact Of Hit Global Series

    Los Angeles, CA – December 19, 2023 – Parrot Analytics has joined the University of Chicago, McGill University and Duke University to study the impact of OTT platforms and streaming services in shaping communities of taste around the globe and the dynamics between local audiences and the global accessibility of content.

    The collaboration is between the University of Chicago’s departments of East Asian Languages and Civilizations (EALC) and Cinema and Media Studies, Duke University’s department of English and McGill University’s department of English. It is funded by the Franke Institute for the Humanities at the University of Chicago.

    Parrot Analytics’ suite of global audience demand data measurement will help the universities’ collaboration, which aims to understand how global shows achieve cross-regional success and the role played by distribution platforms in influencing audience tastes and consumption patterns.

    “Our initial case study will investigate Squid Game to better understand the dynamics of its viral success,” said Hoyt Long, professor of Japanese literature, from the University of Chicago. “We propose to do this by collecting digital trace data from three different regions (US, Japan, and South Korea) to analyze audience response patterns in each region and the kinds of discussions it triggered.”

    “What kinds of shows achieve cross-regional success? What is the relation of these shows to local production and consumption markets? What can more fine-grained analysis of demand signals tell us about these larger dynamics?” said Professor Richard Jean So from McGill University. “For all of these questions, we need Parrot Analytics’ robust global audience demand data to understand how new distribution platforms are influencing taste and consumption patterns.”

    "Scholars have long been interested in the cultural reception of books, film, and television, but we haven’t had access to extensive audience data across nations and languages. Approaches such as ours aim to unite quantitative methods of cultural study with qualitative understandings of the meaning and impact of television shows in different communities around the world," says Aarthi Vadde, Professor of English at Duke University.

    “We are thrilled to be a part of this study to help academia understand the factors that go into making a local piece of content an international success, impacting communities and audiences across the globe”, said Alejandro Rojas, VP of Applied Analytics at Parrot Analytics. “What made Squid Game such a hit, and what can we learn about the global attention economy by carefully reconstructing one of its recent media successes? Through comparison with this larger background and other high demand shows, we hope to explain the distinctiveness of its viral success and what it says about the potential of SVOD services like Netflix to capture global media attention.”

    About the University of Chicago department of Cinema and Media Studies:

    Since its founding in 1995, the academic program in Cinema and Media Studies has assembled a group of leading scholars in the field and developed a world-wide reputation for original, rigorous, and influential scholarship. This scholarship spans the historical and theoretical understanding of motion pictures as a mass phenomenon whose scale, reach, and cultural implications are bound up with the historical experience of modernity and globalization.

    About the University of Chicago department of East Asian Languages and Civilizations:

    The Department of East Asian Languages and Civilizations (EALC) is at the forefront of innovative humanistic approaches to the study of China, Japan, and Korea, past and present. Faculty specializations range from ancient palaeography to contemporary cinema and digital studies, but interdisciplinary and interregional paths of inquiry are also a core component of faculty research.

    About the Duke University department of English:

    The Department of English at Duke is a top-ranked program for the study of English-language literature across multiple continents and through a range of representational forms including novels, poetry, film, and new media. Expertise in the department ranges in time, from the earliest Medieval written manuscripts to the most recent 21st century developments in digital culture. Duke is widely known for its commitment to interdisciplinary research, including programs like Data+, which bring the resources of data science to bear on the study of history and culture.

    About the McGill University department of English:

    The McGill English Department is a globally top-ranked English department which specializes in the research and teaching of English-language literature, as well as film and other forms of culture, such as television and digital culture.

  • 20 Dec 2022 2:54 PM | Mike Hearn (Administrator)

    BRISBANE – The Office of the United States Trade Representative (USTR) and the Department of Commerce joined the first negotiating round for the Indo-Pacific Economic Framework (IPEF) in Brisbane, Australia from December 10-15, 2022.  The round was hosted by Australia’s Department of Foreign Affairs and Trade.
    The interagency U.S. delegation was led by Sarah Ellerman, IPEF Pillar I Chief Negotiator and Assistant United States Trade Representative for Southeast Asia and the Pacific (Acting), and Sharon H. Yuan, Department of Commerce Counselor and Chief Negotiator.
    Approximately 450 officials from the United States, Australia, Brunei, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Vietnam attended the negotiating round.
    Ahead of the meetings in Brisbane, USTR officials shared Pillar I (Trade) negotiating text with IPEF Partners for the following topics: trade facilitation, agriculture, services domestic regulation, and transparency and good regulatory practices.  During these text-based discussions, IPEF Partners shared their enthusiasm for creating a high-standard agreement that can create sustainable and inclusive economic growth throughout the region. 
    In addition to text-based discussions, USTR officials held detailed conceptual discussions for the following topics under Pillar I: environment, labor, digital economy, competition policy, and inclusivity.  The United States highlighted the ambitious scope of this pillar, which is detailed in the ministerial statement that was released following the IPEF ministerial meeting in Los Angeles, California in September 2022.
    Before the negotiating round, the Department of Commerce shared text for Pillar II (Supply Chains) and Pillar IV (Fair Economy: Tax and Anti-Corruption), as well as a concept paper for Pillar III (Clean Economy), with IPEF Partners.  Throughout the week, Department of Commerce officials led in-depth discussions of these pillars with IPEF Partners.  IPEF Partners engaged in a productive exchange of ideas as they collectively seek to achieve high-standard outcomes and deliver concrete benefits to enhance the economic competitiveness of their respective economies. Following the September convening in Los Angeles, the Department of Commerce released ministerial statements for Pillars IIIII, and IV.
    Collectively, the four pillars that comprise the framework represent a shared vision for an open, connected, prosperous, and resilient Indo-Pacific region.
    On the margins of the negotiating round, the U.S. delegation engaged a wide variety of stakeholders on recent updates and conversations with IPEF Partners.  Staff from the Senate Finance Committee and the House of Representatives Committee on Ways and Means traveled to Brisbane and were briefed by USTR and Department of Commerce officials.  USTR and the Department of Commerce will continue to provide regular updates and briefings to stakeholders and Congress as negotiations progress in keeping with our strong commitment to transparency in the development and implementation of the Biden-Harris Administration’s trade agenda. 
    The United States will continue to engage with IPEF Partners and will participate in additional in-person negotiating rounds in 2023.  Additional details regarding the next in-person negotiating round will be shared at a later date.
    For more information on IPEF, please visit

  • 18 Dec 2022 6:00 PM | Mike Hearn (Administrator)

    Motion Picture Group taps Parrot Analytics to accelerate marketing innovation, analytics and audience activation in multi-year deal.

    Los Angeles (December 14, 2022) - Lionsgate’s Motion Picture Group has partnered with Parrot Analytics, the industry’s leading global audience analytics and content valuation company, in a multi-year marketing intelligence and innovation agreement. The partnership will enable Lionsgate’s Motion Picture Group to access Parrot Analytics’ entertainment analytics and valuation product suite as the studio looks to continue its success in today’s attention economy.

    “In this time of unprecedented industry transformation, we continue to be focused on innovation and successful value-creation strategies for the studio and our partners,” added Whitney Harris, SVP, Head of Data and Consumer Insights, Lionsgate Motion Picture Group. “The capabilities offered by Parrot Analytics will enhance our marketing analytics and enable faster and better decision making to unlock the full value of our IP.”

    Parrot Analytics is the industry leader in quantifying global audience demand for content, enabling media and entertainment companies to better understand the value of content globally and respond to a rapidly evolving, digital-first audience landscape.

    “Lionsgate is one of the most innovative and entrepreneurial studios in the motion picture industry and we’re thrilled to partner with such a forward-thinking team,” says Parrot Analytics CEO Wared Seger. “From content valuation to marketing analytics, the Lionsgate-Parrot Analytics teams are innovating at the cutting-edge of today’s attention economy.”

    In leveraging Parrot Analytics’ global audience analytics, Lionsgate joins a rapidly growing roster of industry leaders, including such studios as Warner Bros. Discovery, NBCUniversal, and Sony Pictures; media and technology companies including Amazon, Comcast, and Google; networks such as Sky and Turner; government agencies such as Canadian Media Fund and British Film Institute; and streaming services such as HBO Max and Amazon Prime Video.

    About Lionsgate

    Lionsgate (NYSE: LGF.A, LGF.B) encompasses world-class motion picture and television studio operations aligned with the STARZ premium global subscription platform to bring a unique and varied portfolio of entertainment to consumers around the world. The Company's film, television, subscription and location-based entertainment businesses are backed by a 17,000-title library and a valuable collection of iconic film and television franchises. A digital age company driven by its entrepreneurial culture and commitment to innovation, the Lionsgate brand is synonymous with bold, original, relatable entertainment for audiences worldwide.

  • 07 Dec 2022 2:27 PM | Mike Hearn (Administrator)

    $5 million raise to accelerate global market development and product development

    AUCKLAND, New Zealand, December 05, 2022— Pictor, a global leader in immunodiagnostics, today announced a funding round to help accelerate pipeline product development projects along with market development activities within Australia/New Zealand, the US and Europe for its Human Health and Animal Health portfolios.

    This follows the recent successful launch of the PictArray™ SARS-CoV-2 IgG Antibody Test through Rako Science in New Zealand and key partners in the US. “The test better informs patients and doctors in determining whether the patient should be immunized or boosted,” said Pictor’s Chief Medical Officer Tadd Lazarus, MD.

    Pictor’s multiplex technology enables two key different approaches – testing for multiple diseases or testing for different stages/multiple markers of a disease, all within a single enzyme-linked immunosorbent assay (ELISA) test well. This can provide both greater sensitivity (accuracy), higher throughput and cost efficiencies.

     Within the Human Health space, Pictor’s current focus is expanding access to its highly accurate tests for COVID-19 antibodies and accelerating the development of its test for tropical fevers. Pictor has also leveraged its multiplex platform to develop an Animal Health business and is poised to launch two tests in Q2, 2023. The PictArray™ Mycoplasma bovis (M. bovis) and PictArray™ Johne’s Disease tests, developed with support from the Ministry for Primary Industries’ Sustainable Food and Fibre Futures fund, will enable more accurate and effective dairy and beef herd management both in New Zealand and internationally.

    In announcing the financing, Pictor CEO Howard Moore said: “This funding round provides a potential opportunity for investors to realize a significant increase in value through the near-term commercialization of our current pipeline, along with acceleration of future product development projects.”

    Former Morrison & Co. CEO Marko Bogoievski is helping lead the current funding round following his investment and involvement in Pictor since early 2022.

    About Pictor

    Pictor is an in vitro diagnostics company that offers a patented multiplexed platform for highly accurate and efficient testing of complex and infectious diseases for human and animal health. PictArray™ multiplexed technology makes it possible to test multiple disease markers in a single test simultaneously — with higher sensitivity, faster throughput, and reduced turn-around time. The company’s lead product, the PictArray™ SARS-CoV-2 IgG ELISA Kit, enables more informed clinical intervention to manage the threat of COVID-19. For more information, please visit http://pictordx.com and @PictorLtd on Twitter or Facebook.

    About Marko Bogoievski

    Known as a high-conviction investor, Marko Bogoievski served as the chief executive officer of New Zealand-based Morrison & Co before stepping-down in December 2021. His career saw him lead Morrison & Co to become a global leader in infrastructure investment, specifically focused on data, renewable energy and healthcare. In his thirteen-year tenure with Morrison & Co, Bogoievski led growth in funds under management to over US$20 billion.


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