Month: October 2022

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India’s Tamil Nadu expresses support for Hon Hai investment

Taiwan-based manufacturing giant Hon Hai Precision Industry said on Thursday that the company has obtained a commitment from Tamil Nadu to fully support its investments in the Indian state.

Hon Hai, also known as Foxconn on the global markets, said Liu Young-way (劉揚偉) on Thursday received a delegation from Tamil Nadu, southern India, led by S. Krishnan, additional chief secretary to the state’s Industries Department, at the Taiwanese company’s headquarters in Tucheng District, New Taipei.

In a statement, Hon Hai said the Indian delegation expressed its gratitude to the company for its investment in the Indian state, and pledged to continue its support for any future investments by the firm.

On its Twitter page, Guidance Tamil Nadu, the investment promotion agency of the Government of Tamil Nadu, also said the delegation “elaborately discussed Foxconn’s plans for new ventures and investments, especially in emerging sectors and proffered Government’s complete support to the company in the State.”

According to iPhone assembler Hon Hai, the company has had a foothold in Tamil Nadu for more than a decade.

In early October, Apple Inc. announced that Hon Hai’s production sites in Tamil Nadu have been named part of the U.S. American tech giant’s supplier list for fiscal year 2021 along with the iPhone assembler’s other complexes in China’s Guangdong, Henan, Hubei, Jiangsu, Shaanxi, Sichuan and Zhejiang provinces, Brazil’s Amasonas and Sao Paulo, the U.S. states of California and Texas, and Vietnam’s Bac Giang province.

Indian news media reported in late September that Apple, which accounts for more than 40 percent of Hon Hai’s total sales, confirmed the Taiwanese assembler would start to roll out the iPhone 14s in its plant in Tamil Nadu. Hon Hai assembled earlier versions of the iPhone in the Indian state, the reports said.

The Tamil Nadu delegation arrived in Taiwan on Tuesday. During their stay, they also held a roundtable forum on investment on Wednesday with the Taiwan Technical Textiles Association and the Taiwan Electrical and Electronic Manufacturers’ Association.

In addition, the delegation will visit Taiwanese electronics, electrical engineering, textile, footwear and computer numerical control device suppliers to forge closer industrial cooperation before leaving Taiwan on Sunday.

During the Republic of China (Taiwan) Oct. 10 National Day celebration held by the ROC’s Chennai representative office on Oct. 6, Krishnan said Taiwan is one of the top five foreign investors in Tamil Nadu along with the United States, Japan, South Korea and Singapore.

According to the Chennai office, a total of 25 Taiwanese companies have invested in Tamil Nadu, with their investments in the state to date topping US$2 billion.

 

 

Source: Focus Taiwan News Channel

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Cong Thanh Nguyen ได้รับการแต่งตั้งให้เป็นผู้จัดการฝ่ายพัฒนาธุรกิจเวียดนามสำหรับ Nikkiso Clean Energy and Industrial Gases Group

เตเมคูลา แคลิฟอร์เนีย, Oct. 28, 2022 (GLOBE NEWSWIRE) — กลุ่มพลังงานสะอาดและก๊าซอุตสาหกรรมของ Nikkiso Cryogenic Industries (“กลุ่มบริษัท”) ซึ่งเป็นส่วนหนึ่งของกลุ่มบริษัท Nikkiso Co., Ltd (ประเทศญี่ปุ่น) มีความยินดีที่จะประกาศว่า Cong Thanh Nguyen ได้รับการแต่งตั้งให้เป็นผู้จัดการฝ่ายพัฒนาธุรกิจสำหรับตลาดอุปกรณ์และโซลูชันการแช่เยือกแข็งโดยการใช้สารไครโอเจน ซึ่งให้บริการในเวียดนาม

Cong จะทำงานที่เมืองฮานอย ประเทศเวียดนาม โดยเขาจะเป็นแนวหน้าในธุรกิจก๊าซอุตสาหกรรมและ LNG ที่กำลังเติบโตในภูมิภาค โดยให้บริการโซลูชันจากสายผลิตภัณฑ์อุตสาหกรรมของเรา อีกทั้งมอบการให้บริการและการสนับสนุนในท้องถิ่นอันยอดเยี่ยม เขาจะรับผิดชอบในการขยายการรับรู้แบรนด์ของกลุ่มไปยังลูกค้าในท้องถิ่นที่หลากหลาย นอกจากนี้ การดำเนินการนี้จะทำให้สายธุรกิจหลักสามสายของ Nikkiso ในเวียดนามเสร็จสมบูรณ์ นอกเหนือจากธุรกิจการบินอวกาศและการแพทย์

Cong เคยดำรงตำแหน่งผู้จัดการฝ่ายพัฒนาธุรกิจของ Vietnam Industrial Gas ความรับผิดชอบของเขาได้แก่การร่วมมือกับแผนกต่าง ๆ จำนวนมากเพื่อพัฒนาและใช้กลยุทธ์การปรับปรุง เขาสำเร็จการศึกษาระดับปริญญาโทด้านศิลปศาสตร์สาขาธุรกิจระหว่างประเทศจาก University of Greenwich ประเทศอังกฤษ (วิทยาเขตสิงคโปร์)

“ประสบการณ์ในอุตสาหกรรมและธุรกิจระหว่างประเทศของคุณ Cong ผนวกกับความรู้ของเขาเกี่ยวกับตลาดท้องถิ่นจะเป็นประโยชน์อย่างยิ่งในระหว่างที่เราทำงานเพื่อพัฒนาโอกาสในภูมิภาคนี้ครับ” Tim Born รองประธานประจำภูมิภาคเอเชียตะวันออกเฉียงใต้กล่าว

นอกจากนี้ Nikkiso ก็ยังคงมุ่งมั่นที่จะให้การสนับสนุนโดยตรงและแสดงตัวตนให้เป็นที่ประจักษ์แก่ลูกค้า ทั้งในระดับสากลและระดับท้องถิ่นต่อไป

เกี่ยวกับบริษัท CRYOGENIC INDUSTRIES
กลุ่มบริษัท Cryogenic Industries, Inc. (ปัจจุบันเป็นบริษัทในเครือของบริษัท Nikkiso Co., Ltd.) ผลิตและให้บริการอุปกรณ์เชิงวิศวกรรมสำหรับการแยกก๊าซด้วยความเย็นยิ่งยวด (เช่น ปั๊ม เทอร์โบเอกซ์เพนเดอร์ เครื่องแลกเปลี่ยนความร้อน เป็นต้น) และโรงแปรรูปสำหรับก๊าซอุตสาหกรรม (Industrial Gases), ก๊าซธรรมชาติเหลว (Natural Gas Liquefaction) (LNG), กระบวนการผลิตไฮโดรเจนเหลว (Hydrogen Liquefaction) (LH2) และ วัฎจักรแร็งคินสารอินทรีย์เพื่อการนำความร้อนทิ้งกลับมาใช้ใหม่ (Organic Rankine Cycle for Waste Heat Recovery) บริษัท Cryogenic Industries ซึ่งได้ก่อตั้งขึ้นมากว่า 50 ปีนั้นเป็นบริษัทแม่ของบริษัท ACD, Nikkiso Cryo, Nikkiso Integrated Cryogenic Solutions, Cosmodyne และ Cryoquip พร้อมทั้งกิจการธุรกิจที่อยู่ภายใต้การดูแลควบคุมจำนวนประมาณ 20 กิจการ

สำหรับข้อมูลเพิ่มเติม โปรดไปยังเว็บไซต์ www.nikkisoCEIG.com และ www.nikkiso.com.

สำหรับการติดต่อด้านสื่อ:
Anna Quigley
+1.951.383.3314
aquigley@cryoind.com

GlobeNewswire Distribution ID 8684410

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Desygner Launches ‘Workation’ With Global Hackathon in Bali to Spark Innovation

Desygner – a fast-growing martech solution – is hosting a fully sponsored global hackathon in Bali to kickstart a series of company-sponsored “workations” in some of the most sought-after destinations across the world for digital nomads. First in the series, the hackathon is set to go live from 31 Oct. 2022 until 11 Nov. 2022 at Munno Villas resort in Canggu, Bali, and is open to the public, including digital nomads and outstanding students. Participants will receive free accommodation, food, and activities during the hackathon.

Desygner Team

Desygner Team

GOLD COAST, Australia, Oct. 27, 2022 (GLOBE NEWSWIRE) — Imagine a world where a company books an amazing destination for their employees and pays to experience life as a digital nomad in Bali. At Desygner – a fast-growing martech solution – this is a way of work-life – distinct from the usual company offsite. With its digital workforce of over 100+ employees spread across the world, Desygner seeks to set a new status quo for innovation and talent acquisition by organising a series of company-sponsored “workations” in the most sought destinations around the world for digital nomads.

The Australian company today announced a 12-day global hackathon set to go live on the 31st of October 2022 until the 11th of November 2022 at Canggu in Bali, which is open for digital nomads and outstanding students in addition to the global Desygner Team, who are already heading towards their dream destination.

The hackathon is all-inclusive of accommodation, meals and entertainment provided to all participants. The event is an opportunity for talented Developers, DevOps, QA professionals, marketers, designers and sales professionals to work with the Desygner team and get hired for open positions in Bali, London, and the company HQ in Gold Coast, Australia (sponsoring remote applicants).

The main objective of the initiative is to benchmark Desygner as a brand that attracts the best talent around the world and to bring innovation to remote working, steering away from the traditional notion of work being physically tied to offices or company headquarters. The company, which is growing at a fast pace, believes that the right mix of work and play can spark innovation for creating “the awesome factor”, which is a thriving culture at Desygner.

Post-pandemic, as most organisations are experimenting with hybrid and remote working models, Desygner stands to lead by example in creating better work-life experiences to attract and retain talented staff to tackle global talent crisis as they grow.

Spearheading the workation, CEO of Desygner, Alex Rich, who envisions exceptional work culture for his staff by creating unique working environments a couple of times a year in beautiful locations worldwide said, “Instead of just investing in traditional startup slacks and ping-pong tables in the office, we are going one step further and investing in places people want to work from, in dream locations“.

“When you have a software company like Desygner with over 3 million lines of code and 30+ million users, you tend to focus on the bigger strategic projects, and smaller projects get missed. Therefore, the hackathon strategy pushes us to be more innovative than the larger companies to excel,” he says.

Speaking about the idea of a hackathon in Bali, Daniel de Byl, who is a QA Automation Developer at Desygner, said, “I love working at the office, but the workation in Bali is next level. I am super excited to be part of an event like this and work with colleagues from around the world face-to-face. It’s an experience to treasure for a lifetime.”

Interested participants can email their CV to balihackathon@desygner.com.

Contact Information:
Rajeshwari Channakrishna
PR & Communication
raj@desygner.com
+44 7440720172

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HOFA Launches London’s First DAO for Art Collectors, 11 November 2022

HOFA Gallery celebrates its tenth anniversary on 11 November 2022 by launching HOFA DAO – London’s first-ever decentralized, blockchain-powered community of contemporary art collectors, aiming to make global art investment more accessible. To mark the occasion HOFA will also launch HOFAVERSE, a new interactive multi-user Metaverse experience at their Mayfair flagship gallery space on 10 November, 6 pm – 9 pm (GMT). Partners are Morningstar Ventures and the DAO membership NFT passes are exclusively sold on Magic Eden’s new launchpad.

HOFA DAO Pass VIP

HOFA DAO Pass VIP

LONDON, England, Oct. 27, 2022 (GLOBE NEWSWIRE) — Founded in 2012, pioneering international contemporary art gallery HOFA Gallery, will celebrate its tenth anniversary on 11 November 2022 by launching London’s first ever decentralized, blockchain-powered community of contemporary art collectors called HOFA DAO (Decentralized Autonomous Organisation).

HOFA DAO’s new art community-led organisation will allow its members to make all decisions regarding the governance of their art portfolio, such as voting for new acquisitions. HOFA’s vision is to make investing in contemporary art open and accessible to all by using Blockchain technology. It is a natural next step for a company that has a strong record in creating accessible art experiences across contemporary art and blue-chip investments.

HOFA Co-founder Elio D’Anna says about the HOFA DAO, “Whilst the NFT digital collectibles market has declined in the last 10 months, we have seen a 20% increase in collectors investing in physical assets via the use of NFT authentication and blockchain technology. That’s the unique aspect of the HOFA DAO, membership is obtained via NFT passes giving access to investment-grade physical artworks. So, the collector benefits from the dual security of the blockchain with the stability of the traditional art market.”

He adds, “This is the new beginning to HOFA’s second decade of pioneering art experiences.”

The founding artist members are 100 highly selected global artists and the $3,000,000 portfolio includes works by blue-chip artists like Daniel Arsham and Invader, as well as established and emerging contemporary artists such as Jan Kaláb, Zhuang Hong Yi, Ilhwa Kim and bio-generative artist Agoria.

The first issue of 1,111 (of 3,333) HOFA DAO NFT membership passes is available on 11 November at 3 pm (GMT), each valued at $250 and available through Magic Eden’s Ethereum Launchpad, purchasable with crypto, Apple Pay and all major credit cards.

Members will enjoy fractional ownership of the tokenised portfolio, and profits from auctions and monthly sales will happen on-chain and be distributed via smart contracts, ensuring transparency across the ecosystem and its cryptocurrency ARTEM Coin. Other membership benefits include VIP access to exhibitions, art fairs, early releases and access to HOFAVERSE a new interactive multi-user Metaverse VR gallery.

Jack Lu, CEO and Co-Founder of Magic Eden says about partnering on the HOFA DAO project, “At Magic Eden, we are constantly seeing the NFT space evolve. The trend for blockchain technology’s use in securing tangible assets is rapidly growing and we’re excited to bring HOFA DAO’s inaugural portfolio of masterful artworks come to market through Magic Eden’s world-class Launchpad.”

Danilo S. Carlucci of Morningstar Ventures says about investing in the HOFA DAO, “Since at Morningstar Ventures we are increasingly investing our resources in establishing new NFT related ventures, partnering with HOFA on this DAO project allows us to explore new use cases. The marriage between art and web 3 is here to stay, and we are just getting started to see new ideas and concepts coming to fruition.”

Press preview 10 November 2022, 9 am – 2 pm. RSVP: emmalouise@thehouseoffineart.com

London pre-launch party at HOFA Gallery unveiling HOFAVERSE in conjunction with London Crypto Week by TOKEN2049 on 10 November 2022, 6 pm – 9 pm. RSVP

HOFA DAO NFT membership passes launch on Magic Eden’s Ethereum Launchpad is available on 11 November at 3 pm (GMT)

ENDS

thehouseoffineart.com

@thehouseoffineart.com

Contact Information:
Emma-Louise O’Neill
Comms & Brand Collaborations Director
emmalouise@thehouseoffineart.com
+447515136909

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HOFA DAO Pass VIP

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Mouawad Announces New Beverly Hills Boutique

International diamond house and luxury jeweler Mouawad has the pleasure of announcing the opening of a new-generation boutique in Los Angeles, California, USA, planned for the first quarter of 2023.

Mouawad boutique Facade, Two Rodeo Beverly Hills

Mouawad boutique Facade, Two Rodeo Beverly Hills

LOS ANGELES, Oct. 27, 2022 (GLOBE NEWSWIRE) — The boutique will immerse visitors in the world of Mouawad, showcasing unique jewelry and watch collections presented alongside high jewelry and masterpieces. In this engaging environment, visitors can experience in person the quintessence of Mouawad’s passion for “crafting the extraordinary,” reflecting the House’s heritage of more than 130 years of designing and creating for royalty, celebrities, and discerning clientele.

The new Mouawad boutique will be located at 236 North Rodeo Drive, placing it in an iconic location in the heart of Beverly Hills’ world-renowned luxury shopping district.

Mouawad fourth-generation Co-Guardians, Fred, Alain and Pascal Mouawad, commented, “Beverly Hills is a natural choice for Mouawad to open a new-generation boutique, based on our long-standing heritage of crafting the extraordinary for celebrities and red carpet events, and through our relationship with the Gemological Institute of America, whose California campus at its world headquarters is named in honor of our father Robert Mouawad.”

About Mouawad

MOUAWAD – A jewelry house specialized in “crafting the extraordinary” since 1890.

For more than a century, Mouawad has carved a name of renown in the world of jewelry and timepieces based on its artistic excellence, outstanding expertise, trusted relationships and deep passion for crafting the extraordinary.

Over the decades, royalty, high society, celebrities and esteemed clients have continued to be enchanted by Mouawad’s unique offering, thus earning the company its elite status and powering its growth across continents. Now, more than a hundred years since it began, this family business is today led by fourth-generation Co-Guardians and brothers Fred, Alain, and Pascal Mouawad, joined by fifth-generation Co-Guardians Jimmy and Anastasia Mouawad, who each perpetuate a heritage of excellence and bring a lifetime of passion to their respective roles. For more information, please visit our website www.mouawad.com. 

About Two Rodeo Drive

Two Rodeo Drive is home to 29 luxury and fashion boutiques, including Mouawad, Tiffany & Co. Jimmy Choo, Versace, Lanvin, Porsche Design, Brunello Cucinelli, Stefano Ricci, Breguet, Richard Mille, Etro, Breitling, 208 Rodeo Restaurant and more. Two Rodeo Drive is instantly recognizable as an iconic symbol of the prestigious and distinctive city of Beverly Hills and America’s most celebrated shopping district. Two Rodeo Drive is located at the corner of Rodeo Drive and Wilshire Boulevard. For more information, visit tworodeo.com or contact (310) 247-7040.

Contact Information:
Noor Ammouri
Group Head of Marketing
noor.ammouri@mouawad.com
00971 56 6442155

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Mouawad boutique Facade, Two Rodeo Beverly Hills, LA, in preparation for the grand opening

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TSMC launches 3DFabric Alliance

Taiwan Semiconductor Manufacturing Co. (TSMC) has announced the launch of a scheme to give partner companies early access to 3D silicon stacking and advanced packaging technologies for testing and development purposes.

In a statement, TSMC said the 3DFabric Alliance would give its customers “a head start on their product development.”

According to TSMC, 19 members have joined the 3DFabric Alliance, including Micron Technology, Samsung Memory, SK Hynix, ASE, Siliconware, Amkor, Ibiden and Unimicron.

“3D silicon stacking and advanced packaging technologies open the door to a new era of chip- and system-level innovation,” said L.C. Lu (魯立忠), TSMC fellow and vice president of design and technology platform.

According to Lu, this also requires extensive ecosystem collaboration to help designers navigate the myriad of available options and approaches.

Lu made the remarks Wednesday while announcing the launch of the 3DFabric Alliance at the 2022 Open Innovation Platform (OIP) Ecosystem Forum in Santa Clara, California.

Lu added that through the collective leadership of TSMC and its partners, the new 3DFabric Alliance offered customers an easy and flexible way to unlock the power of 3D IC in their designs.

 

 

Source: Focus Taiwan News Channel

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CORONAVIRUS/Taiwan reports 35,702 new COVID-19 cases, 84 deaths

Taiwan reported 35,702 new COVID-19 infections, including 62 imported cases, and 84 deaths from the disease on Thursday, according to the Central Epidemic Command Center (CECC).

The 35,702 new infections represented a 10.4-percent week-on-week drop in the number of cases, according to the CECC.

Despite most localities seeing a visible decline in cases, the CECC said people should continue observing related rules.

With the 35,640 new domestic infections reported on Thursday, Taiwan’s total COVID-19 cases for 2022 reached 7,505,053.

The deaths reported Thursday involved individuals who ranged in age from their 20s to their 90s, the CECC said.

All had underlying health issues, while 28 had not received any vaccine doses against COVID-19, the CECC added.

Moderate and severe cases

On Thursday, the CECC also reported 168 new cases classified as moderate and 86 as severe.

Two of the severe cases involve individuals under the age of 18 who developed multisystem inflammatory syndrome in children (MIS-C), according to the CECC.

One is an unvaccinated 4-year-old boy without underlying chronic issues, while the other is a 15-year-old boy who has gotten three vaccine jabs and had allergic rhinitis and hives, the CECC said.

The CECC added that the 4-year-old boy was in stable condition in hospital while the 15-year-old was discharged after receiving treatment.

Regional breakdown

Regionally, New Taipei recorded the highest number of new COVID-19 infections with 6,149, while Taichung had 4,851, Kaohsiung 4,233, Taoyuan 3,545, Taipei 3,469, and Tainan 3,147, according to the CECC.

Changhua County reported 1,902 cases, Pingtung County 1,180, Yunlin County 871, Hsinchu County 850, Miaoli County 790, Hsinchu City 786, Chiayi County 714, and Nantou County 703.

Yilan County reported 583 cases, Chiayi City 482, Keelung 476, Hualien County 389, Taitung County 245, Kinmen County 157, Penghu County 105, and the Matsu islands 13, according to CECC data.

Taiwan has recorded 7,591,541 COVID-19 cases since the start of the pandemic, including 36,232 classified as imported, and 12,563 deaths from the disease.

 

 

Source: Focus Taiwan News Channel

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Radioactive source for dirty bombs closely monitored: Agency

Institutions that use high-risk radioactive materials in Taiwan are subject to monthly inventory checks regarding safe handling and storage, an Atomic Energy Council (AEC) official said Thursday in an interview with CNA.

This came after the AEC issued a statement on Wednesday to reassure the public that Taiwan has a sound framework to regulate high-risk radioactive source, following media reports on the possibility of dirty bombs — weapons made up of radioactive materials and conventional explosives — being used in the war between Russia and Ukraine.

Of the radioactive sources that would pose a high risk to human health if not managed safely and securely, cobalt-60 (60Co), caesium-137 (Cs-137) and Iridium-192 (Ir-192) are used in Taiwan, Tsai Chin-hsien (蔡親賢), deputy director of the AEC’s Department of Radiation Protection, told CNA on Thursday.

Currently, the three substances are used for processes such as treatment for bacterial or fungal infections, Gamma Knife radiosurgery, irradiation of blood, welding, and calibration at 83 hospitals, companies and academic institutions, Tsai said.

Under Taiwan’s regulatory system on the radioactive source, an importer must present an import license from the AEC to the customs services for inspection before the shipment can go through the customs clearance, Tsai said.

The regulations also apply to the transport and storage of the radioactive materials to protect against potential loss or theft of the substances, he said.

For example, the materials must be stored in a secure manner, such as having an intrusion alarm system and the use of double doors for burglary prevention, he added.

Meanwhile, following an accident in 2011 involving the loss of a load of Ir-192 during transport by a vehicle, the AEC introduced new rules regarding operations associated with movement of the materials, including the use of a device to alert the driver of the host vehicle of any problems that happen to the package, Tsai said.

The package of Ir-192 which was dropped off accidentally during transportation was found intact 10 days later at a metal recycling site, and was the only incident of lost radioactive materials ever recorded in Taiwan, he added.

With a cloud-hosted inventory management system, the AEC is able to verify the high-risk radioactive materials held by the 83 institutions on a monthly basis, Tsai said.

The AEC also dispatches personnel to conduct inspections of the users at any time to ensure that the materials are safely and securely stored, he said.

In addition to 60Co, Cs-137 and Ir-192, Taiwan also imports Uranium-235 (U-235) which is used to generate electricity in nuclear power plants, Tsai said.

According to a report by the Associated Press on Monday, Russia has continued to press its claim that Ukraine is preparing to launch a dirty bomb on its own territory, which Ukraine, the U.S., the U.K. and France, have rejected.

Ukraine also dismissed Moscow’s claim as an attempt to distract attention from the Kremlin’s own alleged plans to detonate a dirty bomb, the report said.

 

 

Source: Focus Taiwan News Channel

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Kaohsiung’s Ambassador Hotel to shut down in January

The Ambassador Hotel Kaohsiung will close its doors in January after more than four decades in business, hotel management said Thursday.

In a statement, the hotel thanked its guests and customers for their patronage over the last 41 years, while announcing plans to renovate and repurpose the property after its closure on Jan. 31, 2023.

“Since opening in 1981, [the Ambassador Hotel] has welcomed many heads of state, politicians and international superstars, while devoting itself to developing Kaohsiung’s tourism sector and creating precious memories for countless domestic and international guests,” the statement read.

After its closure, the riverfront property will be renovated for use as a hotel and hotel-style serviced luxury apartments, the statement said, adding that a similar project is already underway at the Ambassador Taipei, which closed in September.

 

 

Source: Focus Taiwan News Channel

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Arthur D. Little Publishes New Report On Innovation In Life Sciences

LONDON, Oct. 27, 2022 (GLOBE NEWSWIRE) — Arthur D. Little (ADL) has launched a report on current and future transformation in healthcare, and the effect these far-reaching changes will have on the life sciences and insurance sectors. To asssess that from more than one perspective, ADL and Munich Re, a leading provider of reinsurance, primary insurance and insurance-related risk solutions, have pooled their expertise and recommendations.

The combination of aging populations, changing urban and work environments, technical innovations in data processing and analysis, and current advances in diagnosing and treating diseases will not only dramatically transform healthcare but also our way of living. Healthcare systems and wider society must therefore prepare for these innovations to ensure preparedness and greater resilience.

Disruptive developments such as digitization, far-reaching advances in medical technology, and the latest findings in life sciences interrelate and reinforce each other to an unprecedented extent. Consequently, the report sets out how everyone within the ecosystem needs to collaborate around a common goal – bringing innovations to patients faster and pushing the boundaries of insurability.

Describing the impacts of transformation and providing insights, imperatives and key takeaways for both the insurance and life sciences industries, the report focuses on opportunities in five key areas of healthcare:

–        Digital Health
–        Advanced therapeutics & new paradigms in treatments
–        Power of genes & omics
–        Mental health
–        Pandemic risk

Dr. Ulrica Sehlstedt, Managing Partner, and Global Practice Leader, Healthcare & Life Sciences at Arthur D. Little, comments: “Innovation is driving a revolution at every step of the patient journey. This impacts every player within the life sciences and healthcare industry, including insurance companies. The imperative is on the whole ecosystem to work together to provide positive solutions and mitigate current and future risks, which is why we are delighted that Munich Re has contributed to bring together knowledge, experience and perspectives within this in-depth report.”

Dr. Franziska Thomas, Partner and Head of Healthcare & Life Sciences of Arthur D. Little Germany, comments: “The last two years has seen an enormous acceleration in multiple areas of medicine – and indeed across wider society. The patient journey is transforming to become more personalized and decentralized. As this report explains, it is only through convergence between all areas within the ecosystem that solutions can be delivered to meet the rapidly changing needs of patients.”

To download the report visit: https://tinyurl.com/mszkfz28

Further information from: Cate Bonthuys / Sue Glanville
Catalyst Comms
+44 7746 546773
info@catalystcomms.co.uk

A pdf accompanying this announcement is available at:

http://ml-eu.globenewswire.com/Resource/Download/703e8c10-23ce-43a1-8ad4-98c37003af32

GlobeNewswire Distribution ID 1000753249

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