24, Jul 2024
CSC and Palo Alto Networks Join Forces to Fortify Domain Security for Cortex XSOAR, XSIAM, and XPANSE Users and CSC Domain Registrar Clients
July 24, 2024,Wilmington, Del., United States : CSC, an enterprise-class domain registrar and world leader in mitigating domain security, domain name system (DNS), and digital brand threats, today announces a technical collaboration with Palo Alto Networks to boost domain security for users of Palo Alto Network’s Cortex XSOAR, XSIAM, and XPANSE solutions and for CSC’s domain registrar clients. Under this collaboration, CSC will use domain name, DNS, and secure sockets layer (SSL) portfolio data—in conjunction with intelligence and capabilities within Cortex—to contextualize risks and facilitate the remediation of threats.
This new integration pack for our CSCDomainManager℠ application programming interface (API) is now available for download via the Cortex marketplace. As part of the relationship, joint Cortex and CSC clients can also benefit from a complimentary, defined package of domain name and URL phishing takedowns that target corporate domain name portfolios. This will help secure clients against threat vectors targeting their brands online—working to fortify their overall security posture.
“Given the increasing threats faced by organizations and their consumers due to brand impersonation and other DNS security issues, we’re excited to extend CSC’s robust data sets and solutions to our clients conveniently through their existing Cortex products. Going after malicious actors at their root via takedowns and ensuring proper DNS security to prevent hijacking and other risks are powerful proactive steps to prevent damaging security incidents,” says Andrew Scott, director of product at Palo Alto Networks.
“CSC detects domain threats, online brand and DNS abuse, and fraud to protect companies from cyberattacks caused by compromised or fraudulent domains,” says Mark Calandra, president of CSC’s Digital Brand Services division. “Our inclusion in the Cortex marketplace is a testament to our capabilities and in-depth knowledge of the domain security landscape and boosts the visibility of our services by seamlessly integrating into the workflow of users focused on optimizing their cybersecurity posture.”
“In today’s ever-evolving cybersecurity landscape, integrating robust domain security and brand protection measures is not just a necessity, but a strategic imperative. Our collaboration with Palo Alto Networks exemplifies our commitment to delivering a comprehensive security posture that address the blended threats our clients face,” says Ihab Shraim, chief technology officer at CSC’s Digital Brand Services. “By leveraging advanced intelligence and capabilities, we empower businesses to proactively defend against domain-related cyber threats and ensure the integrity of their digital brand presence.”
Key benefits of the CSC and Cortex integration include:
Cortex XSOAR: Automates threat detection and incident response, simplifying management of domain-related security.
Cortex XSIAM: Analyzes data to identify vulnerabilities and enhances proactive threat mitigation strategies.
Cortex XPANSE: Provides visibility into and secures internet-facing assets, improving detection of vulnerable domains.
CSC Enhanced Domain Registrar Security: Strengthens defenses against hijacking, phishing and cyber threats. Implements continuous monitoring to protect against evolving domain security threats.
This partnership underscores the commitment of both CSC and Palo Alto Networks to deliver state-of-the-art security solutions, ensuring the safety and integrity of digital assets for their clients.
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- By Rabindra
24, Jul 2024
79th National Garment Fair by CMAI in Mumbai Inaugurated by Seerna Rajamouli, of R S Brothers, South India’s leading Retail Group
Mumbai, July 24, 2024: The 79th National Garment Fair (NGF) 2024 organised by the Clothing Manufacturers Association of India (CMAI), was inaugurated by Seerna Rajamouli of R S Brothers, South India’s leading Retail Group on 23rd July in the august presence of industry leaders, apparel manufacturers, retailers, distributors and other industry members at the Bombay Exhibition Centre, Goregaon and Jio World Convention Centre, BKC.
79th NGF is showcasing more than 1300 apparel brands within an expansive 1 million square feet of exhibition space spread across two venues – Men’s Wear, Women’s Wear and Accessories at the Bombay Exhibition Centre, Goregaon, and Kids Wear at the Jio Convention Centre, BKC over the next four days from 23rd to 26th July 2024 featuring a diverse range for collections for the largest assembly of retailers and distributors from across India.
CMAI dignitaries present at the inauguration included, Rajesh Masand – President, Rohit Munjal -Vice President & Chairman-NGF, Santosh Katariya – Hon. General Secretary, Ankur Gadia – Hon. Treasurer, Anand Choksi, Jt. Chairman-NGF and Rahul Mehta, Chief Mentor among other office bearers and managing committee members.
Speaking about the domestic apparel market, Rajesh Masand, President, Clothing Manufacturers Association of India (CMAI), said, “The apparel industry is optimistic about the upcoming festive season. Along with showcasing the vibrant and diverse offerings of apparel brands, the National Garment Fair highlights the industry’s resilience after a tepid demand since last two years. This NGF provides an unparalleled platform for brands and manufacturers to showcase their latest collections and innovations. As the country gears up for a season of celebration, NGF serves as a crucial hub for retailers and buyers to source the finest apparel, ensuring that end consumers have access to a wide range of stylish options.”
Speaking at the inauguration, Seerna Rajamouli, R S Brothers said, “The fashion industry is at a fascinating intersection of form and function. The consumers need clothing, true, but there is also a deeply psychological aspect to the clothes they wear and the ways the apparel industry influences consumers to purchase their brand over. We are amazed with the positive energy at the fair and impressed to see vast variety of collections that is on display at both the fair venues. Indeed, its the perfect sourcing platform for our buying teams who are present here.”
About the business prospects at NGF, Rohit Munjal, Vice President & Chairman-NGF, Clothing Manufacturers Association of India (CMAI) said, “The 79th National Garment Fair is a testament to our commitment to present innovation, fashion and trends which foster connections in the apparel industry. Trade visitors will have the opportunity to explore collections from over 1300 brands across Men’s Wear, Women’s Wear, Kids Wear, and Accessories. We look forward to a successful event that continues to drive growth and opportunity.”
Rahul Mehta, Chief Mentor, Clothing Manufacturers Association of India (CMAI), expressed, “Looking ahead to the upcoming festive season, all stakeholders present here anticipate growth in both volume and profits. The initial response has been buoyant and we are optimistic about a successful festive quarter for the apparel industry.”
The National Garment Fair (NGF) by CMAI has successfully delivered 78 editions previously and stands as the premier trade fair in the Indian apparel industry. This biannual show serves as a key platform, bringing together national and regional brands, manufacturers, designers, and fashion accessories producers with retailers, agents, distributors, and e-commerce companies. Renowned for its prestige and effectiveness, the NGF offers a comprehensive sourcing platform that optimises both time and cost efficiency.
The domestic apparel market is projected to reach USD 105.50 billion in 2024 with an anticipated annual growth rate of 3.81% from 2024 to 2028.
About CMAI
The Clothing Manufacturers Association of India (CMAI) is the most representative association of the Indian apparel industry having over 5000 members and serving more than 25,000 Retailers. Its Membership consists of Manufacturers, Exporters, Brands, and ancillary industry.
CMAI advocates regarding policies and also guides and encourages its members on ESG related matters and initiatives. In 2019, CMAI launched the SU.RE initiative to encourage members to embrace sustainability.
Established sixty one years ago, CMAI has contributed immensely towards development of the industry. In 1978, CMAI had led the creation of the Apparel Export Promotion Council (AEPC). CMAI is also authorised by the Government of India to issue Certificate of Origin (Non-Preferential) to Exporters.
CMAI is the only Indian Association that represents the entire Indian Apparel Industry & Trade on prestigious international forums such as International Apparel Federation (IAF) headquartered in Netherlands.
Visit: www.cmai.in | Follow Twitter: @CMAI_Official
24, Jul 2024
Laserfiche Global Headquarters Achieves LEED Silver Certification
July 24, 2024,Long Beach, Calif., United States : Laserfiche — the leading SaaS provider of intelligent content management and business process automation — announced today that its Long Beach-based global headquarters has been awarded LEED Silver certification. LEED (Leadership in Energy and Environmental Design), developed by the U.S. Green Building Council (USGBC), is the most widely used green building rating system in the world and an international symbol of excellence. Laserfiche achieved LEED Silver certification for implementing practical and measurable strategies and solutions in areas including sustainable site development, energy efficiency, materials selection, and indoor environmental quality.
The Laserfiche headquarters project integrated sustainability and environmental practices into the construction and overall design from its inception. The site, located on a corner block of Long Beach Boulevard near the 405 freeway, was once the location of eight formerly active oil wells and widely considered undevelopable. A full remediation restored the soil and groundwater environment in preparation for construction.
Reinforcing sustainable practices beyond site remediation, Laserfiche selected low-carbon and chemically transparent building materials. During construction, Laserfiche achieved an 85% construction waste diversion rate, translating to 80 tons of CO2 saved from emissions — equivalent to an energy offset of 10 single family houses for a full year.
Design and construction followed principles of biophilic design, which focuses on incorporating elements of the natural world that contribute to human health, wellness and productivity. The office optimizes energy efficiency and thermal comfort while maximizing daylight throughout, providing well-lit workspaces and access to outdoor areas, including communal patios.
“Achieving LEED status with our global headquarters demonstrates Laserfiche’s deep commitment to our employees and the wider Laserfiche community,” says Karl Chan, chief executive officer at Laserfiche. “As one of the first global technology companies to establish a headquarters in Long Beach, we’re excited to deepen our connection to the city and region. We look forward to continuing to model innovation in our product development as well as our workplace.”
“Achieving LEED certification is more than just implementing sustainable practices. It represents a commitment to making the world a better place and influencing others to do better,” said Peter Templeton, president and CEO, USGBC. “Given the extraordinary importance of climate protection and the central role buildings play in that effort, Laserfiche’s Global Headquarters is creating a path forward through their LEED certification.”
24, Jul 2024
SLB to Accelerate Co-Development of AI-Driven Digital Platform for Aker BP
July 24, 2024,Houston, United States : SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company’s E&P operations. The new platform will leverage the Delfi™ digital platform to enable new digital solutions in the cloud for Aker BP.
“By co-developing AI-powered digital technologies, we will transform Aker BP’s subsurface workflows, accelerating planning cycles, increasing production, and reducing costs across their entire E&P life cycle,” said Rakesh Jaggi, President, Digital & Integration, SLB. “We have made a long-term commitment with Aker BP to continuously improve the subsurface part of their platform, driving constant efficiency optimization and more sustainable energy production.”
The partners will transition Aker BP’s current application portfolio to the cloud and create one integrated platform for subsurface workflows. The high-performance computing speed of the cloud will enable the platform to leverage advanced AI and domain expertise from SLB and Aker BP to reveal new insights from previously untapped data, driving substantial efficiency and performance improvements.
“The platform we develop in partnership with SLB is a key step in realizing our strategy to build the E&P company of the future and cement our position as a digital leader,” said Per Øyvind Seljebotn, SVP Exploration & Reservoir Development, Aker BP. “Leveraging the cloud for data-driven subsurface workflows will increase efficiency and value creation, while helping to lower the environmental impact from our fields and discoveries.”
An essential part of enabling AI-driven workflows is establishing a unified data environment. The new platform builds on SLB’s commitment to the Open Group’s OSDU® Technical Standard and close integration with Microsoft’s Azure Data Manager for Energy.
“Moving to the Delfi platform is a big step forward on our data-driven journey. The use of Azure Data Manager for Energy, a strong and open collaboration with our digital ecosystem, and a high ambition to leverage GenAI are key benefits in this partnership with SLB,” said Paula Doyle, Chief Digital Officer, Aker BP.
24, Jul 2024
The Estee Lauder Companies Names Akhil Shrivastava as Executive Vice President and Chief Financial Officer Effective November 1, 2024
July 24, 2024,New York, United States : The Estée Lauder Companies Inc. (NYSE: EL) (“ELC” or “the Company”) today announced that Akhil Shrivastava has been appointed Executive Vice President and Chief Financial Officer, succeeding Tracey T. Travis, whose intention to retire was announced on July 11, 2024. Akhil will report to William P. Lauder, Executive Chairman, and Fabrizio Freda, President and Chief Executive Officer, consistent with the reporting structure for Tracey.
Akhil will assume his new role effective November 1, 2024. Tracey will remain at the Company until her retirement on June 30, 2025 to support a seamless transition.
“With over 25 years of extensive financial and leadership experience, Akhil is an exceptional and capable leader whose financial and strategic expertise and insights have been important in supporting the Company over the past several years, and he will be instrumental in driving forward our strategic direction and decisions,” said Fabrizio Freda. “I look forward to partnering with Akhil as we continue to rebuild stronger, more sustainable profitability and sales growth acceleration across the business.”
In his new role as Chief Financial Officer, Akhil will be responsible for the Company’s Global Finance, Accounting, Tax, Treasury, Investor Relations and New Business Development organizations. He will lead ELC’s Global Finance & Strategy (F&S) organization and will continue to cultivate and strengthen the tremendously talented Finance & Strategy Team, continuing to imbue agility and consumer-focus across the organization to drive sustainable value creation, governance, and strategic business objectives and priorities for the long-term.
Since joining ELC in 2015, Akhil has held several senior finance roles within the Company. He was recently named ELC’s Senior Vice President, Corporate Controller, a role that oversees Corporate Accounting and Financial Planning & Analysis, the International and Online Finance organizations, Pricing and Value Chain Finance, serving on both the Finance & Strategy Leadership Team and Executive Leadership Team. He also oversees the Operational Excellence pillar as part of the Profit Recovery and Growth Plan focused on driving strong inventory, cash, and cost improvements for the Company. Prior to his current role, he was Senior Vice President, Treasurer, where he was responsible for core Treasury functions, the Enterprise Risk Program, Real Estate, and oversight of the Company’s retirement funds.
Akhil will serve as a member of several of ELC’s senior management leadership groups including the Executive Leadership Team, Investment Development Committee, Fiduciary Investment Committee, and Corporate Risk Management Committee. In some cases, his membership will continue, and, in others, he will be a new member.
“Akhil has demonstrated his capabilities as a transformational, visionary, and collaborative leader who combines finance and strategy with an appreciation for the creativity within our business and our brands with consumers at the heart,” said William P. Lauder. “He also has a keen ability to cultivate high-performing teams and organizations and will continue to strengthen the tremendously talented Finance & Strategy organization, which will be instrumental in continuing to drive our strategic business objectives and priorities for the long-term.”
Akhil first joined ELC in 2015 as Vice President, Global Finance & Strategy for the Estée Lauder brand and was then appointed to the role of Senior Vice President, Global Finance & Strategy for Jane Hertzmark Hudis’ Brand Cluster in January 2019, where he provided strategic leadership and financial guidance while maximizing business and transformational opportunities across the brand cluster. Specifically, he helped allocate resources to support and promote the best growth opportunities from a consumer, sub-category, geography, and channel perspective.
He has also served as a valued member of many key enterprise initiatives at the Company, providing strategic financial direction for projects which include transforming ELC’s planning processes and capabilities to support the end-to-end business from consumer demand to delivery.
“With its leading portfolio of iconic brands, extensive global reach, and impressively talented people, I am honored to lead the Global Finance team,” said Akhil Shrivastava. “I look forward to helping to advance the Company’s multiple engines of growth to rebuild stronger, more sustainable profitability and support sales growth acceleration across brands, product categories, and regions while evolving the business for the future.”
Before joining The Estée Lauder Companies, Akhil spent eighteen years at Procter & Gamble, where he served in several finance and leadership roles across Asia, North America, and the global businesses, including Finance Director for Gillette, North America.
Akhil is a graduate of Engineering College in Rewa, India and has a Master’s Degree in Finance and Control from Delhi University.
Cautionary Note Regarding Forward-Looking Statements
Statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include the various quotations related to rebuilding profitability and sales growth and the future of the finance and strategy function. Although the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, actual results may differ materially from the Company’s expectations. Factors that could cause actual results to differ from expectations include the ability to successfully implement the Company’s profit recovery and growth plan and those described in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2023. The Company assumes no responsibility to update forward-looking statements made herein or otherwise.
24, Jul 2024
Budget response from Dr Narayana Subramaniam
Fillip to cancer patients
India is considered to be the “cancer capital” of the world
Three cancer drugs were exempted from customs duty while reducing the levy on x-ray tubes and flat panel detectors used in x-ray machines from 15% to 5%. Lung cancer is the second leading cause of cancer deaths among men and it is affecting younger age groups now. Targeted therapy drugs, which cost around Rs 5 lakh a month, are holding out hope for patients as they prolong life by precisely identifying and inhibiting the growth of cancer cells. They are better than other cancer therapies.
By reducing the financial burden on the patients, this move is expected to improve access to advanced cancer treatments. Dr Narayana Subramaniam, Senior Consultant and Director, Head and Neck Surgery and Director of Clinical Innovation at Sparsh Hospitals, in Bengaluru. said, “Cancer treatment often involves a significant financial burden for patients and their families. By exempting the drugs from customs duty, the government has taken a concrete step towards alleviating this burden, making essential medications more affordable for those in need across the country”
About Dr Narayana Subramaniam
Dr. Narayana Subramaniam is a national and international award-winning head and neck oncology and reconstructive surgeon. His expertise lies in ablative surgery of the oral cavity, oropharynx, salivary glands, thyroid, larynx, pharynx, sinonasal cavity and anterior skull base, with significant experience in a salvage (post-radiotherapy) and re-operative setting. He also performs regional and microvascular (free) flap reconstruction, with a special interest in facial nerve reanimation, prefabricated dental rehabilitation (jaw-in-a-day) and secondary reconstruction (delayed reconstruction of post-cancer defects).
Passionate about research, he has written a popular textbook on head and neck cancer, published over one hundred and twenty articles and/or book chapters (h-index 14), and given over one hundred talks and lectures in national and international forums. He has trained over 25 fellows from 6 countries and was designated a Professor by the Rajiv Gandhi University of Health Sciences.
24, Jul 2024
Corpay Cross-Border Named the Official B2B FX Partner for AEG Presents UK in Europe
July 24, 2024,Toronto, Canada : Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with AEG Presents UK, a global leader in live music and events, to become the Official B2B Foreign Exchange (FX) Partner of AEG Presents in Europe.
Through this partnership, AEG Presents UK will gain access to and utilise Corpay Cross Border’s innovative solutions to help mitigate foreign exchange exposure from their day-to-day business needs. Additionally, Corpay Cross-Border’s award-winning platform will enable them to manage their global payments from a single point of access.
“The Corpay Cross-Border team is thrilled to become the Official B2B FX Partner of AEG Presents UK in Europe,” said Brad Loder, Chief Marketing Officer, Corpay Cross-Border Solutions. “This is a significant milestone for Corpay’s global partnership program evolution, as it further expands our footprint within the world of live music, events, and entertainment. With our strong focus on growing the Corpay brand, as well as our currency risk management business globally, we are elated to partner with AEG Presents, a global leader in live music and events.”
Stephen Van Dyk, Vice President & Finance Director, AEG Presents UK said: “We are looking forward to working with Corpay and utilising their platform and services.”
24, Jul 2024
FPT Software and Project Management Institute Forge Strategic Partnership, Driving Talent Development and Innovation
July 24, 2024,Hanoi, Vietnam : Global leading IT company FPT Software recently signed a large-scale Memorandum of Understanding (MoU) with the world’s leading organization for project management, the Project Management Institute (PMI). This partnership aims to bridge skill gaps within the technology industry and foster innovation worldwide.
Under this agreement, PMI commits to supporting FPT Software in creating and implementing a comprehensive career-long learning and development framework for its employees. PMI will also share the most up-to-date project management principles and standards so that FPT Software can ensure quality control of its in-house training programs.
In 2024, FPT Software aims to achieve 555 certifications for its project managers, including 500 Project Management Professional (PMP) certificates, 50 Program Management Professional (PgMP) certificates, and 5 Portfolio Management Professional (PfMP) certificates. In three years, FPT Software plans to obtain a total of 2,600 PMI certifications. These project management certifications are the gold standard in project management, recognized by organizations worldwide. This not only validates the expertise of FPT Software’s workforce but also enhances their professional recognition globally, boosting FPT Software’s credibility when engaging with potential customers, leading to improved operational efficiency and client satisfaction.
“FPT Software has over 2,300 project managers, and we always prioritize the continuous development and enhancement of skills and knowledge for our project management professionals. The partnership with PMI sets the premise for us to standardize delivery between offshore, nearshore, and onshore operations, and strengthen our service consistency and reliability across different geographies. By aligning our processes with PMI’s internationally recognized standards, we can better meet the diverse needs of our global clientele and further solidify our position as a trusted partner in digital transformation,” said Vu Tien Dat, FPT Software’s Chief Delivery Officer.
SoHyun Kang, Regional Managing Director – Asia Pacific, PMI said, “It gives us great pleasure to collaborate with FPT Software to nurture talent and bridge the skill gap to meet the industry demands of supporting technology and innovation development in Vietnam and globally. PMI is committed to empowering project professionals with globally recognized certifications, standards, online courses, thought leadership and tools that can help them in their career journey of learning and development. We welcome FPT Software to our vibrant and growing project professionals’ community which is at the core of what we do at PMI. We harness the power of our community to consistently add value to the profession.”
24, Jul 2024
Veet Unveils Its Revolutionary Veet Pure Range with Brand Ambassador Sara Ali Khan
July 24, 2024,New Delhi, Delhi, India : Veet®, the leader~ in depilatory products, announces the launch of its groundbreaking new range, Veet Pure, at an exclusive event held in Mumbai today. The event was graced by Bollywood sensation and Veet brand ambassador, Sara Ali Khan, who unveiled the product to an enthusiastic audience of influencers and beauty enthusiasts. This innovative product line marks a significant milestone for Veet, promising a salon-smooth finish in just 5 minutes^ and offering consumers a no-compromise solution for hair removal.
Veet is set to enhance the hair removal process with the new range of Veet Pure made with natural extracts such as organic aloe vera, rose extracts, and mint extracts. Veet Pure is designed to meet the evolving needs of modern women who seek effective and gentle hair removal solutions. The new product stands out with its gentle yet effective formula, addressing common concerns associated with hair removal creams, such as foul smell.
Actress and Brand Ambassador Sara Ali Khan expressed her excitement at the launch, “I have always been an integral part of the Veet family and have witnessed how it has always catered to the needs of modern women. Hair removal can be such a task, we don’t necessarily have the time to indulge in time-consuming salon appointments every time. Veet Pure is a game-changer for women who want an easy and effective hair removal solution that’s also gentle on the skin.”
Speaking on the occasion, Kanika Kalra, Regional Marketing Director, Health, Reckitt South Asia said, “At Reckitt, we aim to deliver the best user experience that addresses consumers’ interests, with a sharp focus on constant innovation and excellence. We’re proud to introduce a product that combines effectiveness with gentle care, reflecting our mission to enhance women’s lives. With the new Veet Pure, we aim to deliver the superior choice of hair removal to all the women who want a hassle-free experience with a salon-smooth finish every time. We understand the importance of gentle, effective, and convenient hair removal options, and Veet Pure delivers just that. Our consistent efforts to innovate ensure that we provide the best products to our consumers.”
Veet Pure provides consumers with smooth, moisturized, and visibly glowing skin in just 5 minutes^, setting a new standard in hair removal solutions. Additionally, it helps in exfoliating your skin, providing a comprehensive beauty solution without compromising on quality. The all-new Veet Pure packaging further enhances the appeal of this revolutionary range, emphasizing Veet’s commitment to innovation and quality.
Veet Pure is now available nationwide, inviting consumers to experience the salon smooth finish at home, at a starting price of INR 54 for 15 grams.
24, Jul 2024
KBI Biopharma Extends and Expands Commercial Contract with Leading Global Pharmaceutical Company
July 24, 2024,Durham, N.C., United States : KBI Biopharma, Inc. (KBI), a JSR Life Sciences company and global cGMP contract development and manufacturing organization (CDMO), today announced that it has extended and expanded its manufacturing contract with a leading global pharmaceutical company. Originally initiated in 2020, the renewed contract extends through 2029 with a notable amendment that outlines a purchase commitment for two therapeutic products representing an incremental value of approximately $250 million through the end of the renewed term.
In addition, KBI, in late June, completed a successful regulatory inspection by the U.S. Food and Drug Administration (FDA) of its mammalian operation in Durham, North Carolina. This regulatory inspection enables the company’s North Carolina operations to begin providing a mammalian drug substance commercially to one of its key strategic customers. It also demonstrates KBI’s ability to act as a preferred partner for large volume commercial therapeutic manufacturing.
“As KBI continues fulfilling its commitment to our customers in helping solve their complex manufacturing challenges, this commercial contract extension allows us to demonstrate our approach as a next-generation CDMO,” said J.D. Mowery, President and CEO of KBI Biopharma. “With this agreement as well as our successful FDA regulatory inspection, we’re driving breakthroughs in biopharmaceutical development and manufacturing that help bring new therapies to market.”
He concluded, “By establishing these trusted, long-term partnerships with global pharmaceutical leaders, we’re able to positively impact the lives of patients worldwide.”
