38 C
Vientiane
Monday, April 28, 2025
spot_img
Home Blog Page 331

Visitor pre-registration is opening now for productronica China 2025 in March

SHANGHAI, March 10, 2025 /PRNewswire/ — productronica China 2025 will be held on March 26-28, 2025 at the Shanghai New International Expo Centre (Halls E1-E5, W1-W4), with a scale of nearly 100,000 square meters and feature over 1,000 exhibitors.

These exhibitors will showcase a full range of products and technologies from the electronic manufacturing supply chain, including electronic chemical materials, dispensing and bonding solutions, automated electronic assembly, testing and measurement tools, quality assurance services, electronic manufacturing services, surface mount technology (SMT), cable processing, component manufacturing, motion control and drive technology, sensor technology, robotics, AGVs, intelligent warehousing, etc. The visitor registration is going on heatedly, please register now!


Cable processing industry will face new challenges

In the rapidly evolving global science and technology industry, the cable processing industry is experiencing a significant transformation, spanning from the smart upgrading of automotive manufacturing to advancements in industrial automation. The productronica China 2025 will strategically expand the display area for cable processing and connector manufacturing, showcasing various advanced cable processing equipment and connector products such as automated cable processing machines, crimping machines, and connector molds. These machines are capable of improving production efficiency and product quality, catering to the needs of various industries.

The exhibition will bring together outstanding domestic and international manufacturers, including Komax, Schleuniger, JAM, ShinMaywa, Wuxi Airstorm, KM Digitech, Hiprecise, Bozhiwang, Hacint Intelligence, Hongsheng Intelligent, Linquan Technology, E-Plus Technology, Schunk Sonosystems, Riyan Precision, LAZPIUR, HACINT, Fu Brothers, XUNYE, Telsonic Ultrasonic, WINGUD, DASENLIN, Z•X SCIENCE, Yixin, ZOMAX, HUAXUTECH, CHAORI, HARI-TECH, Zetai Technology, HOSVER, True Soltec, Cynthia Electric, Elink, RaySun, ZOKO, Guanju, Shunkeda, Defeng, JMK, Canu, Xinya, SBT, Bonne Ultrasonic, Zhongyao, Ruiling, Huirun, Liuxu, CREATION, Himinsen, Ruixin Automation, Hechang, Keweisi, Yantai, DELTECH, Juhai, Wen Lian Electronic Technology, Ruiyafeng, XINYIDE, Zeta Automation, HySum, AEG, Zhongli Automation, and BiaoXin Intelligent.

The automation and robotics industry is growing by leaps and bounds

Currently, collaborative robots have expanded into high-difficulty applications such as assembly, gluing, welding, and polishing, with the range of application industries continuously growing. In the meantime, the motion control system is also one of the core technologies in modern industry. Its development has witnessed the continuous progress of human industrial civilization.

productronica China 2025 will serve as an excellent platform to experience the charm of automation and robotics. This exhibition will bring together companies such as Omron, SIASUN DUCO, CGXi, ELITE ROBOTS, Estun Codroid, Passion, KinTN Intelligent, Guomai Intelligent, INSPIRE-ROBOTS, and Ti5robot, among others in the field of robots and intelligent warehousing. Industrial sensor companies like Pepperl+Fuchs, ELCO, Banner Electronics, CONTROLWAY, SENPUM, Flexem, Bojke, and others will also participate. Additionally, motion control enterprises such as HIWIN, AirTAC, igus, PMI, Golytec Automation, item, TPA, JWIPC, and Augmented Intelligence will be present. This event offers the opportunity to closely engage with innovative product solutions from these brands. Whether you are an industry expert with years of experience in manufacturing or a newcomer eager to immerse yourself in the intelligent industry, productronica China is a valuable-attend event.

Click: https://pc.global-eservice.com/?lang=en&channel=mts to register now and click : https://www.productronicachina.com.cn/en/ to know more about exhibitors’ and products’ information.

For further information, please contact Ms. Xing via email sinsia.xing@mm-sh.com 

Sri Lanka Unveils Landmark Fully Automated Terminal, CWIT, Powered by ZPMC’s Cutting-Edge Technology

SHANGHAI, March 10, 2025 /PRNewswire/ — On February 27, 2025, Colombo West International Terminal (CWIT), Sri Lanka’s first fully automated terminal developed with the participation of Shanghai Zhenhua Heavy Industries (ZPMC), officially commenced operations. As the largest and deepest container terminal in the country, CWIT further cements Sri Lanka’s position as a leading shipping hub in South Asia, marking a significant leap forward in port infrastructure and operational capabilities.

At 11 pm local time, the terminal successfully handled the loading and unloading of its first commercial vessel. The operation took 10.5 hours, supported by a state-of-the-art fleet of 3 ship-to-shore (STS) cranes, 8 automated rail-mounted gantry cranes (ARMG), and 17 intelligent guided vehicles (IGVs). The operational efficiency of a single STS crane surpassed expectations, showcasing the terminal’s advanced capabilities. Powered by a real-time locating system (RTLS) that integrates GPS, RFID, and MLT technologies, CWIT is a fully automated facility, setting a new benchmark for efficiency and innovation in the region.

CWIT, with its 1,400-meter quay and 20-meter depth, has a capacity of 3.2 million twenty-foot equivalent units (TEUs) per year. As part of the automated terminal project, ZPMC provided 8 STS cranes, 18 ARMG cranes, and essential auxiliary systems including equipment management for cranes and ARMGs, terminal operations, automated gates, real-time container positioning, and automated management of reefer containers.

The terminal’s STS cranes, with a 72-meter outreach and a 53-meter lifting height above the rail, set a new standard for port machinery in Sri Lanka. These cranes are designed to handle ultra-large container vessels with capacities of up to 24,000 TEUs. Equipped with advanced integrated subsystems such as dual-rail optical character recognition (OCR), container positioning, vibration monitoring, and Wi-Fi connectivity, the cranes ensure seamless operations. The automated spreader system effectively addresses challenges related to container height differences, longitudinal discrepancies, and angular deviations, significantly enhancing operational efficiency.

Since entering the Sri Lankan market, ZPMC has delivered over 100 units of advanced port machinery equipment to key ports across the country. The official commencement of operations at CWIT, which showcases ZPMC’s position as the global leader in automated terminal system solutions, is set to significantly boost Sri Lanka’s economy, enhance its competitiveness in the global shipping industry, and further the development of the Maritime Silk Road.

PropNex Unveils a Bold New Brand Identity and Appoints Key Strategic Leaders; Launches New Property Investment Book

SINGAPORE, March 10, 2025 /PRNewswire/ — Singapore’s largest real estate agency, PropNex Limited, has unveiled a refreshed brand logo after 25 years, signaling a new phase of growth and strategic direction. This marks its first major rebrand since its founding in 2000. PropNex celebrates its 25th Anniversary this year, on 15 July 2025.

The news was announced at the annual PropNex Sales Summit, where more than 4,000 salespersons and guests were in attendance. The rebranding, which extends across Singapore and regional markets, reflects the agency’s evolving identity and commitment to staying at the forefront of the real estate industry. More just a visual update, the refreshed logo symbolises PropNex’s bold intent to enhance customer experience, embrace digital transformation and strengthen its presence with over 16,000 salespersons regionally under its wing. 

Ismail Gafoor, CEO of PropNex highlighted, “Just as a strong structure relies on a solid foundation, our values, mission, and people provide the strength that propels PropNex forward. As we celebrate 25 years of excellence, our new logo stands as a testament to the principles that have shaped us—and will continue to inspire us—into the future.”

Strategic Leadership Appointments

PropNex also announced several key strategic leadership appointments at its Sales Summit, reinforcing its market-leading position in Singapore’s property sector. PropNex has appointed Dominic Lee as Head of Investment Sales to solidify the Company’s pole position in the high-value property segment, and Jason Tan as Chief Strategy Officer to drive innovation and accelerate strategic growth.

With over 24 years of experience in the real estate industry, Dominic has been with PropNex since 2006 and has headed the Luxury Team for the past decade. His deep market knowledge, strong relationships with developers and high-net-worth investors, and expertise in handling premium properties position him well to drive the growth of PropNex’s Investment Sales division. In his expanded role, he will focus on identifying strategic investment opportunities to amplify PropNex’s presence in the investment sales market.

Jason is a highly experienced leader with over 20 years in the industry. As an Advisory Associate Branch District Director, he successfully led a dynamic team of over 1,000 salespersons and was a tech consultant working alongside the Chief Technology Officer in developing PropNex’s proprietary apps, Investment Suite and Business Suite. He was instrumental in elevating the PropNex customer experience by pioneering innovative data-driven CRM systems, including the Property Wealth Report and the Marketplace gifting system. In his new role, Jason will work with Deputy CEO, Kelvin Fong and Chief Technology Officer, Michael Koh to lead strategic tech initiatives, empowering PropNex’s salesforce to deliver greater value to clients and enhance the overall real estate experience.

Mr. Gafoor highlighted, “We are pleased to welcome both Dominic and Jason, who have grown from being team leaders to now playing a pivotal role in adding greater value to our network of over 13,000 PropNex salespersons and the consumers we serve. As the real estate industry continues to evolve, staying ahead through digitalisation and innovation is crucial. Having the right people who truly understand the market landscape is equally important. We look forward to working closely with them to drive further growth and excellence, reinforcing PropNex’s position as Singapore’s preferred real estate agency.”

New Book on Property Investment by Deputy CEO of PropNex

PropNex has launched a new book by its Deputy CEO, Kelvin Fong, titled Property Wealth System: Elevate Your Assets, Elevate Your Wealth. The book offers a comprehensive framework for wealth creation through real estate investment, empowering readers to make informed decisions and grow their wealth systematically even in the face of challenges and uncertainty.

As a strong advocate for consumer education since its inception, PropNex conducts over 100 Consumer Seminars annually, including its signature Property Wealth System Masterclass and XPOs, which attract thousands of attendees. These seminars are designed and led by Kelvin Fong. His new book is a natural extension of PropNex’s commitment to educating consumers and property investors—encouraging them to rethink their financial future and leverage real estate to build lasting wealth.

Deputy CEO Mr. Kelvin Fong shared his inspiration behind writing the book, “Property is one of the most significant investment we make, and the right knowledge is key to making confident decisions. This book addresses critical questions that many property investors face, such as: When should I sell my property? When is the best time to take action? How do I determine whether to buy a new or resale property? It compiles the strategies and insights that PropNex and I have through our seminars and masterclasses over the years, offering readers, valuable lessons and practical takeaways for their property investment journey.

Just as importantly, all proceeds from this limited-edition hardcover book will be donated to PropNex’s adopted beneficiaries under Community Chest, making every purchase a step toward giving back.”

Covering key topics such as financial mindset, risk assessment, market analysis, and investment strategies, the book provides a step-by-step approach to building a sustainable property portfolio, with detailed examples and graphs.

The book will be available online at kelvinfong.propnex.com and in stores and online at Book Bar from 11 March 2025. All proceeds of the limited-edition hardcover book will be donated to PropNex’s adopted beneficiaries under Community Chest. As part of its PropNex Cares initiative, PropNex has contributed over $10 million to Community Chest since 2013, reinforcing its commitment to giving back to the community.

A BRAND EVOLUTION WITH PURPOSE

Retaining the signature blue tones, PropNex’s new logo is a bold reflection of its journey and vision.

At its core, the upward-pointing triangle symbolises the agency’s vision, championing consumers as a market leader—always striving upward, setting new benchmarks, and driving progress in the industry. It represents the unwavering commitment to leadership, excellence, and innovation.

Beneath it, the three darker, tiered triangles form a solid foundation—the pillars that uphold and strengthen PropNex’s mission.

  • The first tiered triangle represents Mission – The cornerstone of the agency’s purpose: enhancing the quality of life through value-added professional service.
  • The second tiered triangle reflects Core Values – The guiding principles that shape its identity and define how PropNex operates:
    • Continuous Self-Improvement, fueling growth, ambition, and a forward-thinking mindset
    • Autonomy & Entrepreneurship, fostering innovation and leadership
    • Respect & Concern for Individuals, building a culture of support and trust
    • Ethics, Honesty & Integrity, ensuring credibility and responsibility in all we do
  • The final tiered triangle reflects People – The driving force behind PropNex’s success: its dedicated salespersons, senior team leaders, staff and management.

For high-res images, please visit this link: https://bit.ly/2025PN

 

JD.com, Inc. (JINGDONG) Named Official E-commerce Innovation Partner of UEFA Champions League Expanding its Global Reach

BEIJING, March 10, 2025 /PRNewswire/ — JD.com, Inc. (also known as JINGDONG) is excited to announce that it has become the official e-commerce innovation partner for the UEFA Champions League (UCL). As a leading e-commerce retailer and technology service provider, JD.com, Inc. and its European e-commerce brand ochama will deliver unprecedented access to exclusive football interactions, merchandise, discounts, prizes, and innovative services to fans and consumers.

Logos
Logos

As Europe’s premier club competition, the UEFA Champions League stands as the pinnacle of European football. Renowned worldwide, it is celebrated as one of the most influential sporting events and a benchmark for excellence in football, captivating fans with its elite level of competition and storied tradition.

“We are thrilled to welcome JD.com, Inc., a global leader in online retail, as the UEFA Champions League’s official e-commerce innovation partner. Our partnership will help bring fans all over the globe closer to the action and together we aim to foster greater engagement and unique opportunities for fans to celebrate their love of the game,” said Guy-Laurent Epstein, Joint Managing Director, UC3.

“Partnering with the UEFA Champions League is an exciting milestone in JD.com, Inc.’s global expansion,” said James Shao, Senior Vice President of JD.com, Inc. and Head of Platform Operations and Marketing Centre at JD Retail. “As one of the most prestigious football tournaments in the world, it provides the perfect platform to introduce JD.com, Inc. to European audiences, helping them discover our brand. Through this collaboration, we are committed to delivering unparalleled access to official merchandise and innovative digital experiences to fans in Europe and China. We look forward to working with UC3 to create unforgettable moments for football enthusiasts worldwide.”

JD.com, Inc. will also partner with other marquee UEFA events including the UEFA Super Cup, the UEFA Futsal Champions League, and the UEFA Youth League. JD.com, Inc. will launch the official UEFA Champions League online shop in China.

The partnership will offer consumers exclusive discounts through JD.com, Inc. and users will have the chance to win coveted match tickets and other limited-edition prizes. As a global leader in e-commerce, JD.com, Inc. is committed to enhancing the shopping experience for consumers worldwide through a wide range of authentic quality products, and innovative and highly efficient fulfillment services. Through ochama, JD.com, Inc. operates in 24 countries across Europe, offering a wide range of products including electronics, baby and maternity, beauty, home appliances, and more.

JD.com, Inc. and UEFA will also jointly explore the development of exclusive licensed products, bringing football fans and consumers a broader range of high-quality merchandise and cutting-edge e-commerce services. A dedicated e-commerce community will be launched on the JD.com, Inc. app by collaborating with UEFA Champions League sponsors and football club brands, where consumers will have access to exciting prizes, football club jerseys and accessories.

About JD.com, Inc.
JD.com, Inc., also known as JINGDONG, has evolved from a pioneering e-commerce platform into a leading technology and service provider. Renowned for its innovation and excellence, the company has expanded into sectors including retail, technology, healthcare, and more, aiming to transform traditional business models with cutting-edge digital solutions. Ranking 47 on the Fortune Global 500, JD.com, Inc. is China’s largest retailer by revenue.

About UC3
UC3 unites European football’s governing body UEFA and the European Club Association (ECA), representing more than 700 top European clubs, around a new vision for managing commercial rights to UEFA club competitions (the “UCCs”). It is the commercial entity responsible for generating revenues from the UCCs and creating value for our partners. UC3 oversees the management, sales and delivery of all commercial rights (including media, sponsorship and licensing rights) for UEFA’s elite men’s and women’s club competitions.

 

Sun Life contributes to empower 1,000 migrant domestic workers in Hong Kong with financial literacy through HK$200,000 donation to Uplifters


HONG KONG SAR – Media OutReach Newswire – 10 March 2025 – Sun Life Hong Kong Limited (“Sun Life”) announced today a HK$200,000 donation to Uplifters, a non-profit organisation dedicated to empowering migrant domestic workers through online education and community support. The funding will contribute to support Uplifters’ flagship “Dare to Dream” programme, providing financial literacy education to approximately 1,000 migrant domestic workers per year in Hong Kong.

Sun Life announced a HK$200,000 donation to Uplifters to support its flagship “Dare to Dream” programme, providing financial literacy education to approximately 1,000 migrant domestic workers per year in Hong Kong.
Sun Life announced a HK$200,000 donation to Uplifters to support its flagship “Dare to Dream” programme, providing financial literacy education to approximately 1,000 migrant domestic workers per year in Hong Kong.

This initiative comes in response to findings from Sun Life’s latest survey, “Women’s Wealth: Building Confidence and Security”, which revealed that 44% of mothers in Asia experience stress from balancing the needs of their children and parents. For migrant domestic workers in Hong Kong, who often support families abroad, the financial and emotional burden is particularly significant.

Uplifters’ “Dare to Dream” programme is a free comprehensive online course focusing on money management, personal development and mental well-being. Since its launch in 2018, over 10,000 migrant domestic workers have enrolled, joining a thriving community of 14,700 members. The programme equips participants with the tools to set financial goals, manage their money effectively, and improve their overall mental health. Following the completion of “Dare to Dream, 86% report transformative changes in their lives. To learn more about Uplifters and their free online courses, please visit their website. Migrant domestic workers can join the course through their Messenger Chatbot on their Facebook Page Online Courses by Uplifters.

With approximately 350,000 migrant domestic workers in Hong Kong, many lack access to financial security beyond basic health and injury coverage. Mandatory insurance does not extend to their families or potential loss of income. Sun Life’s donation will contribute to enable Uplifters to expand its reach, offering financial literacy courses to migrant domestic workers in Hong Kong and fostering greater awareness of the importance of financial planning.

David Broom, Chief Client and Distribution Officer of Sun Life Asia said: “At Sun Life, empowering communities through financial literacy is a cornerstone of our mission in Asia. We’re thrilled to collaborate with Uplifters on a pioneering initiative supporting foreign domestic helpers in Hong Kong, leveraging our experience in Hong Kong, Indonesia and the Philippines. The ‘Dare to Dream’ programme offers comprehensive financial education and practical resources, empowering participants to pursue their financial aspirations with confidence. This initiative aligns perfectly with our broader commitment to addressing the financial challenges faced by diverse communities across Asia and reinforces our ongoing efforts to develop and implement impactful financial literacy programmes that create lasting positive change.”

Marie Kretz Di Meglio, Founder and CEO of Uplifters, said: “We are deeply grateful for Sun Life’s generous support, which will enable us to continue our mission to empower migrant domestic workers with the tools and knowledge they need to achieve financial independence and personal growth. Through our ‘Dare to Dream’ programme, we aim to transform lives by fostering financial literacy, mental well-being and a sense of community. This partnership with Sun Life is a testament to the power of collaboration in creating meaningful change for underserved groups in Hong Kong.”

This partnership reflects Sun Life’s ongoing dedication to fostering financial resilience and well-being among women and underserved communities, aligning with its broader mission to promote financial literacy across Asia.

Hashtag: #SunLife #Uplifters #CSR #Women #domestichelpers #education #financialliteracy #永明金融 #女性 #家庭傭工 #教育 #財務傳承

The issuer is solely responsible for the content of this announcement.

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2024, Sun Life had total assets under management of $1.51 trillion. For more information, please visit .

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. Sun Life Hong Kong Limited is a wholly-owned subsidiary of Sun Life Assurance Company of Canada.

ATFX Connect Expands Institutional Services with Mohammed Khan as Chief Operating Officer

LONDON, March 10, 2025 /PRNewswire/ — ATFX Connect, the institutional arm of ATFX, is pleased to announce the appointment of Mohammed Khan as Chief Operating Officer. With extensive experience in the institutional brokerage industry, he brings a wealth of expertise in business transformation, revenue generation, and strategic planning to ATFX Connect.

Mohammed Khan as ATFX Connect Chief Operating Officer
Mohammed Khan as ATFX Connect Chief Operating Officer

As Chief Operating Officer, he will focus on expanding ATFX Connect’s institutional services, refining product strategies, and strengthening key client relationships. Prior to joining ATFX Connect, Mohammed spent over 20 years at FXCM/Stratos Group in senior leadership roles. His expertise in operational efficiency, product innovation, and leveraging technology-driven solutions positions him to drive sustained business growth and institutional market expansion.

Regarding his new position, Mohammed shared:

“I am excited to join ATFX Connect and contribute to its continued success in the institutional space. ATFX has built a strong reputation for technology-driven solutions, and I look forward to leveraging my experience to enhance our offerings and expand our global presence.”

Wei Qiang Zhang, Managing Director of ATFX Connect, welcomed the appointment by stating:

“Moe is an invaluable asset to the global ATFX Connect strategy. We share the same vision for the future business model, and his leadership will be instrumental in transforming ATFX Connect into a truly robust institutional business. With his expertise, we will continue strengthening our institutional offering across our global presence, including the UK, Cyprus, Australia, Hong Kong SAR, South Africa, and Mexico.”

Mohammed Khan’s appointment reflects ATFX Connect’s commitment to institutional growth. As the company expands its global reach, his leadership will help drive innovation and enhance the platform’s ability to meet the evolving needs of institutional clients worldwide.

About ATFX Connect

Back in 2019, ATFX stepped into the Institutional arena with the launch of its Multi-Access platform ATFX Connect. The management’s vision was to expand the broker’s global presence and continue to provide award-winning liquidity and customer service to clients within the Institutional community. With the focus on the professional Investor, the ATFX Connect platform is designed to provide an efficient automated trading venue that delivers tailored liquidity solutions to Hedge Funds, Asset Managers, Brokers, Private Banks, and other financial institutions. (ATFX Connect Website: https://www.atfxconnect.com)

Taiyo Oil Selects Honeywell Ethanol To Jet Technology For Production Of Sustainable Aviation Fuel

Production in Okinawa, Japan to be the first in Asia Pacific, targeting 200 million liters of ETJ SAF annually

TOKYO, March 10, 2025 /PRNewswire/ — Honeywell (NASDAQ: HON) today announced that Taiyo Oil Co., Ltd. has chosen the Honeywell UOP Ethanol to Jet (ETJ) technology to produce Sustainable Aviation Fuel (SAF) at its Okinawa Operations in Japan. This facility will be based on Honeywell UOP’s first ETJ license and basic engineering design in the Asia Pacific region with a production target of 200 million liters per year.

Taiyo Oil Selects Honeywell Ethanol To Jet Technology For Production Of Sustainable Aviation Fuel
Taiyo Oil Selects Honeywell Ethanol To Jet Technology For Production Of Sustainable Aviation Fuel

Expected to begin operation in 2029, the facility becomes the fifth of its kind in the world and will provide a vital supply of SAF to both domestic and international markets, contributing significantly to the growing demand for SAF driven by the aviation industry’s efforts to reduce carbon emissions.

“For more than 40 years, Honeywell has provided Taiyo Oil with key major refining process units for its Shikoku operations, and we are honored to continue this trusted relationship to help the company advance its decarbonization initiatives,” said Barry Glickman, vice president and general manager of Honeywell Sustainable Technology Solutions. “As demand for SAF continues to increase, the aviation industry faces challenges posed by the limited availability of conventional SAF feedstocks like vegetable oils, animal fats, and waste oils. Honeywell’s ETJ SAF technology broadens the available feedstock options to help overcome these challenges.”

Honeywell’s innovative ETJ technology helps enable the conversion of ethanol derived from diverse feedstocks―including corn, sugar, and cellulosic materials―into SAF. This fuel meets the rigorous standards of the aviation sector while demonstrating a significantly lower impact to the environment. Depending on the type of ethanol feedstock used, Honeywell’s ETJ process provides a cost-effective path for producing lower greenhouse gas emission jet fuel on a total lifecycle basis, compared to petroleum-based jet fuel. This technology demonstrates Honeywell’s alignment to the global megatrends, including the energy transition.

“Taiyo Oil’s initiative represents an important leap forward in increasing the production of sustainable aviation fuel,” said Mr. Teruaki Sasaki, senior vice president, SAF Business Project, Taiyo Oil Co., Ltd. “By leveraging Honeywell’s ETJ SAF technology, we will be in a better position to help fulfill the global aviation sector’s demand and contribute toward the overall decarbonization goals.”

The rising demand in SAF aligns with Taiyo Oil’s initiatives to produce ETJ SAF in support of global decarbonization goals. SAF produced from Honeywell’s ETJ process can be used as a drop-in replacement that requires no modifications to aircraft technology or existing fueling infrastructure.

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Lundbeck’s potential treatment for Multiple System Atrophy granted Orphan Drug Designation in Japan

VALBY, Denmark, March 10, 2025 /PRNewswire/ — The Ministry of Health, Labor, and Welfare (MHLW) in Japan has granted Orphan Drug Designation (ODD) to Lundbeck’s investigational drug, amlenetug, a potential new treatment option targeting Multiple System Atrophy (MSA).

H. Lundbeck A/S (Lundbeck) announced that amlenetug has received Orphan Drug Designation (ODD) from the MHLW in Japan.

The ODD in Japan adds to other important designations: the SAKIGAKE designation by Japan’s MHLW in March 2023, the Orphan Drug Designation (ODD) by the US FDA in April 2024, and by EMA in May 2021.

“We are pleased to receive Orphan Drug Designation for amlenetug in Japan. This designation highlights the potential of amlenetug as a treatment option for people living with Multiple System Atrophy. We are hopeful of the potential for amlenetug to slow the clinical progression of this devastating disease and look forward to advancing its development through the MASCOT trial”, said Johan Luthman, EVP and Head of Research & Development at Lundbeck.

Lundbeck has recently initiated, MASCOT, a phase III trial to assess efficacy and safety of amlenetug in the treatment of MSA.

The MASCOT trial will open for enrollment in North America, Europe, Asia and Australia.

About Amlenetug

Amlenetug is a human monoclonal antibody (mAb) that recognizes and binds to all major forms of extracellular α-synuclein and thereby intended to prevent uptake and inhibit seeding of aggregation. Amlenetug has an active Fc region, which may increase immune-mediated clearance of α- synuclein /mAb complexes through microglia mediated uptake.
Amlenetug is being developed by Lundbeck under a joint research and licensing agreement between Lundbeck and Genmab A/S.

About the MASCOT trial

MASCOT (NCT06706622) is a phase III, interventional, randomized, double-blind, parallel-group, placebo-controlled, optional open-label extension trial that will be conducted in North America, Europe, and Asia.
The trial comprises 2 parts: A double-blind period where participants are randomized to receive either high or low doses of amlenetug, or placebo for 72 weeks, followed by an open-label extension period where all participants enrolled in the trial are offered treatment with amlenetug
The aim of the trial is to evaluate the efficacy, safety, and tolerability of amlenetug in patients with MSA. Amlenetug will be delivered as an intravenous infusion every four weeks.

About MSA

MSA is a rapidly progressing rare condition of the nervous system that causes damage to nerve cells in the brain. MSA is seriously debilitating and places a high disease burden on patients. Symptoms of MSA usually start between 55 and 60 years of age and the patients typically live for 6 to 9 years after symptom onset.
In people living with MSA, an abnormal build-up of the protein alpha-synuclein is thought to be responsible for damaging areas of the brain that control balance, movement, and the body’s normal functions. The symptoms of MSA are wide-ranging and include muscle control problems, similar to those of Parkinson’s disease. Many different functions of the body can be affected, and symptoms including urinary incontinence, frequent falling, and unintelligible speech occur within 3 years of disease onset and are accompanied by reduced capacity to live independently. Death is often due to respiratory problems. Although there are many different possible symptoms of MSA, not everyone who is affected will experience all of them. There is currently no cure for MSA and no available treatment to slow its progression.

References

NHS : Multiple system atrophy – NHS (www.nhs.uk)

Contacts

Thomas Mikkel Mortensen

Jens Høyer

Media Relations Lead, Corp. Communication

Vice President, Head of Investor Relations

THMR@lundbeck.com

JSHR@lundbeck.com

+45 30 83 30 24

+45 30 83 45 01

Palle Holm Olesen

Vice President, Investor Relations

PALO@lundbeck.com

+45 30 83 24 26

About H. Lundbeck A/S

Lundbeck is a biopharmaceutical company focusing exclusively on brain health. With more than 70 years of experience in neuroscience, we are committed to improving the lives of people with neurological and psychiatric diseases.

Brain disorders affect a large part of the world’s population, and the effects are felt throughout society. With the rapidly improving understanding of the biology of the brain, we hold ourselves accountable for advancing brain health by curiously exploring new opportunities for treatments.

As a focused innovator, we strive for our research and development programs to tackle some of the most complex neurological challenges. We develop transformative medicines targeting people for whom there are few or no treatments available, expanding into neuro-specialty and neuro-rare from our strong legacy within psychiatry and neurology.

We are committed to fighting stigma and we act to improve health equity. We strive to create long term value for our shareholders by making a positive contribution to patients, their families and society as a whole.

Lundbeck has approximately 5,500 employees in more than 50 countries and our products are available in more than 80 countries. For additional information, we encourage you to visit our corporate site www.lundbeck.com and connect with us via LinkedIn.

CONTACT: 
H. Lundbeck A/S
Ottiliavej 9, 2500 Valby, Denmark
+45 3630 1311
info@lundbeck.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/h–lundbeck-a-s/r/lundbeck-s-potential-treatment-for-multiple-system-atrophy-granted-orphan-drug-designation-in-japan,c4116334

The following files are available for download:

https://mb.cision.com/Main/18215/4116334/3308944.pdf

Lundbeck’s potential treatment for Multiple System Atrophy granted Orphan Drug Designation in Japan