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Karolinska Development AB (publ): Karolinska Development's portfolio company Modus Therapeutics prepares clinical development program of sevuparin in sepsis/septic shock


(1)
STOCKHOLM, SWEDEN - March 10, 2021. Karolinska Development AB (Nasdaq Stockholm: KDEV) announces today that its portfolio company Modus Therapeutics is preparing a clinical development program of its drug candidate sevuparin in patients suffering from sepsis/septic shock, and possibly also other severe inflammatory conditions arising in conjunction with major trauma, surgery, autoimmunity and viral infections. Modus Therapeutics expects to start the first clinical trial in this new indication around the end of 2021. Sevuparin has already demonstrated a favorable safety profile in clinical trials for other indications.
Patients suffering from sepsis are at risk of developing septic shock and multi-organ failure. Septic shock is a leading cause of death in intensive care units, with mortality rates typically exceeding 30 percent. There is currently no specific pharmaceutical treatment available for the treatment of sepsis. As a result, it is one of the costliest conditio ....

Karolinska Institutet , Johan Dighed , Viktor Drvota , Karolinska Development Ab Nasdaq Stockholm , Karolinska Development , Nasdaq Stockholm , Modus Therapeutics , Modus Therapeutic , General Counsel , நாஸ்டாக் ஸ்டாக்‌ஹோல்ம் , மோடஸ் சிகிச்சை , ஜநரல் ஆலோசனை ,

Asia moves: HKEX names new CEO, BNY Mellon appoints Japan country executive, and more


Risk.net
Latest job news across the industry
Risk staff
Alejandro Nicolas Aguzin as its new chief executive, to replace
Charles
Li who is stepping down after 10 years in the role. Aguzin joins from JP Morgan, where he is currently chief executive officer (CEO) of JP Morgan’s international private bank and a member of the operating committee for the firm’s asset and wealth management business. 
Aguzin has been with the US bank since 1990 in a variety of senior management roles across various jurisdictions. Between 2012 and 2020, Aguzin was CEO for Asia-Pacific, where he oversaw and led JP Morgan’s growth in China and the broader region. Aguzin has also served as head of investment banking for Asia and CEO of JP Morgan Latin America.  ....

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Cairn Energy, Cheiron to Buy Shell's Western Desert Assets in Egypt for $646 Million -- Update


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Cairn, in consortium with Cheiron, has agreed to acquire Shell s oil-and-gas portfolio in the Western Desert of Egypt for $646 million upfront and up to $280 million in contingencies
The group has also agreed a $460 million asset disposal in the U.K., and said it is taking all necessary steps to realize the $1.2 billion Indian damages award
Cairn s 2020 net loss came in at $394 million
By Jaime Llinares Taboada
Cairn Energy PLC on Tuesday said that its consortium with Cheiron Petroleum Co. has agreed to acquire Royal Dutch Shell PLC s Western Desert assets in Egypt for $646 million.
The FTSE 250 energy company said Western Desert will expand and diversify its producing asset base, as the deal is expected to add 33,000-39,000 barrels of oil equivalent a day in 2021 of which 66% is gas. Cairn will acquire 50% of the assets and pay 50% of the price. ....

Western Desert , Jaime Llinares Taboada , Cairn Energy , Royal Dutch Shell , Waldorf Production Ltd , Cheiron Petroleum Co , Cheiron Petroleum , Waldorf Production , Dow Jones , Cairn Energy Plc Stock Exchange , Press Release , Up Front , Contingencies Cne Gb00bn0smb92 , மேற்கு பாலைவனம் , கெய்ன் ஆற்றல் , அரச டச்சு ஷெல் , வால்டோர்ஃப் ப்ரொடக்ஶந் லிமிடெட் , வால்டோர்ஃப் ப்ரொடக்ஶந் , டோ ஜோன்ஸ் , கெய்ன் ஆற்றல் ப்ல் ஸ்டாக் பரிமாற்றம் , ப்ரெஸ் வெளியீடு , மேலே முன் ,

Turquoise Hill beats profit estimates on higher copper, gold production


Turquoise Hill beats profit estimates on higher copper, gold production
(Adds profit comparison, metal prices, costs, capital
expenditure outlook)
March 8 (Reuters) - Canada s Turquoise Hill Resources Ltd
posted a surprise rise in quarterly profit on Monday,
helped by increased production of copper and gold at its Oyu
Tolgoi mine in Mongolia.
The results come a week after Chief Executive Officer Ulf
Quellmann resigned amid a protracted dispute between the company
and its top shareholder, Rio Tinto, over funding for the
underground expansion of the Oyu Tolgoi copper-gold mine.
Oyu Tolgoi is one of the world s largest copper-gold-silver
mines. Rio owns 51% of Turquoise Hill, which in turn owns 66% of ....

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