วัน: 11 กุมภาพันธ์ 2025

ACN Newswire

Maharashtra gets Major Economic Boost as CIDCO Signs Landmark MoUs at World Economic Forum, DAVOS

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Navi Mumbai, Maharashtra, Feb 11, 2025 - (ACN Newswire via SeaPRwire.com) - In a ground-breaking move, CIDCO has signed four landmark Memorandum of Understanding (MoUs) at the World Economic Forum in Davos, Switzerland, under the visionary leadership of Hon'ble CM, Shri. Devendra Fadnavis, and guidance of the Honourable Deputy Chief Minister & Urban Development Minister, Shri. Eknath Shinde, giving a major boost to Maharashtra's economy. Shri. Vijay Singhal, IAS, Vice Chairman & Managing Director, CIDCO, played a pivotal role in facilitating these partnerships.CIDCO signs four landmark MoUs at WEF 2025, Davos, under the leadership of CM Devendra Fadnavis, Dy CM & Urban Dev. Minister Eknath Shinde, and the pivotal role played by Shri. Vijay Singhal, IAS, VC & MD, CIDCO (Source: CMO Maharashtra Facebook)Two of these significant MoUs were signed with Eruditus and BookMyShow, creating history in the development of Navi Mumbai. The MoU with Erulearning Solutions Private Limited (Eruditus) is signed for a proposed investment of $2.4 to $3 billion over 10 years, creating 20,000 direct employment opportunities. Meanwhile, the MoU with BookMyShow involves an investment of $204 million to develop an outdoor entertainment arena in Maharashtra, creating 500 job opportunities in the state.Global Education Hub: Navi Mumbai's International Educity to Attract Students and Faculty from WorldwideCIDCO has launched the first-ever International Educity in Navi Mumbai, bringing together 8-10 esteemed foreign universities from around the world. CIDCO played a pivotal role in making this initiative a global benchmark. The International Educity in Navi Mumbai is poised to become a global learning hub, offering students from around the world the opportunity to learn from renowned international faculty.For its commitment to creating a world-class educational hub, CIDCO has identified a prime location for this project, situated within a 5 km radius of the forthcoming Navi Mumbai International Airport. This ambitious initiative aims to create a vibrant academic community, fostering cross-cultural exchange and collaboration among students and educators from diverse backgrounds.With its focus on innovation, accessibility, and community engagement, this Educity is set to redefine the education landscape in India. In a pioneering initiative, Navi Mumbai will become home to India's first-ever international university campus, featuring 8-10 foreign universities. This project will not only give a new identity to the city but also will help in exponential development of Navi Mumbai.Navi Mumbai Emerges as India's Ultimate Outdoor Entertainment Arena!CIDCO has unveiled plans to develop a state-of-the-art Outdoor Entertainment Arena in Navi Mumbai, modeled after iconic venues like Madison Square Garden in New York and The O2 Arena in London. This ambitious project aims to create a unique and unparalleled entertainment experience, setting a new benchmark for the industry.The proposed venue will host a wide range of events, including concerts, sports, theatre productions, and more, catering to diverse audiences and tastes. To bring this vision to life, CIDCO has partnered with BookMyShow, combining the expertise of two industry leaders to ensure world-class standards and attention to detail.Located in close proximity to Bollywood, this state-of-the-art outdoor entertainment arena will have a massive capacity of 20,000 seated or 25,000 standing, making it the largest and first-of-its-kind in the country. This iconic venue will become the epicenter of entertainment, hosting concerts, award shows, sports tournaments, and more throughout the year.Maharashtra’s Economic Growth Strengthened by Two Additional MoUsThese landmark agreements are expected to propel Maharashtra's economy forward, driving growth, employment, and opportunities for generations to come. With CIDCO's commitment to innovative and sustainable development, Maharashtra is poised to become a hub for business, entertainment, and education.In a significant development, CIDCO has signed two additional MoUs, further bolstering Maharashtra's economy:Panchshil Realty: A proposed investment of $3 billion to set up a state-of-the-art data center in the CIDCO area. This project will enhance Maharashtra's digital infrastructure and create new avenues for businesses and entrepreneurs.Welspun World: A proposed investment of $183 million in a logistics park, creating 2,000 direct employment opportunities.With these two MoUs, CIDCO has reaffirmed its commitment to fostering economic growth, innovation, and job creation in Maharashtra. These MoUs will drive progress and prosperity for years to come.These investments are a testament to Maharashtra's growing reputation as a premier investment hub. The International Educity will feature a diverse range of universities, each specializing in various fields, thereby propelling the education industry forward and enhancing the value of education in national development.Located near Navi Mumbai International Airport, this International Educity will enjoy proximity to key infrastructure, including Aerocity, Sports City, Medicity, Jawaharlal Nehru Port Trust, and proposed transport corridors.As the country's first-of-its-kind, this International Educity will serve as a model for future educational hubs, driving growth, employment, and opportunities for generations to come.For more details, contact:Priya Uttam RatambePRO-CIDCO+91 73875 55907sr.pro@cidcoindia.com  Copyright 2025 ACN Newswire via SeaPRwire.com.

SeaPRwire

The First in China! BLA Submitted for Luzhu Biotech’s Recombinant Herpes Zoster Vaccine Expected to Be Launched in 2026

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Hongkong – February 11, 2025 – (SeaPRwire) – On Feb. 9, 2025, the official website of the Center for Drug Evaluation, National Medical Products Administration of China indicates that the Biologics License Application (BLA) for Luzhu Biotech’s (2480.HK) biological product for prophylaxis, Recombinant Herpes Zoster Vaccine (CHO Cells), has been accepted. This vaccine is the second recombinant herpes zoster vaccine worldwide—following GSK’s Shingrix—and the first of its kind to be submitted for market approval in China. Translated version Origin version 01 How Big Is the Herpes Zoster Vaccine Market? BCHT’s Ganwei is currently the only domestically marketed herpes zoster vaccine in China. Since its launch in 2023, it has generated nearly RMB900 million in sales within the year, drawing significant market attention and rapidly intensifying competition in the field. As of Dec. 31, 2024, over 20 companies in China have advanced their herpes zoster vaccine pipelines into clinical trials or received Investigational New Drug (IND) approvals—an increase from just 4 companies in 2022. In 2023, Zhifei Biological began distributing vaccine Shingrix in China imported from GSK. Shingrix was approved for the Chinese market in less than 3 months through the “Green Channel” in 2019 and was commercialized the following year. As a blockbuster vaccine, Shingrix achieved approximately USD4.2 billion in global sales in 2024, ranking third worldwide. Ganwei and Shingrix represent two distinct technological approaches to herpes zoster vaccines, each with clear advantages and disadvantages. However, do their respective shortcomings in protection efficacy and side effects limit their broader market adoption? Could a new vaccine that combines the strengths of both while addressing their weakness further expand the herpes zoster vaccine market? If approved, Luzhu Biotech’s innovative Recombinant Herpes Zoster Vaccine could potentially be the breakthrough product that achieves this goal. 02 Luzhu Biotech’s Path to Innovation in Herpes Zoster Vaccines Founded in 2001, Luzhu Biotech has been one of China’s leading innovators in vaccine development since its establishment. Before 2008, the company successfully developed three types of bacterial polysaccharide conjugate vaccines and two multivalent meningococcal polysaccharide vaccines, including but not limited to the world’s first AC-Hib conjugate vaccine, the liquid AC polysaccharide conjugate vaccine, and China’s first group ACYW135 meningococcal polysaccharide vaccine. As Luzhu Biotech’s most advanced vaccine project, the company initiated the development of its recombinant herpes zoster vaccine in 2018. After 7 years of research, it has now reached the regulatory submission stage. Globally, only four herpes zoster vaccines are currently on the market—aside from Shingrix, the other three are live-attenuated vaccines. Following the same recombinant protein technology pathway, Luzhu Biotech’s herpes zoster vaccine has undergone rigorous head-to-head comparisons with Shingrix in preclinical studies and Phases 1 and 3 clinical trials. According to publicly disclosed data, Luzhu Biotech’s vaccine has demonstrated superior cellular immune response and a more favorable safety profile compared to Shingrix. Can this vaccine help Luzhu Biotech, a Hong Hong-listed Chapter 18A company, turn profitable and bring substantial revenue? Could it even become a globally recognized blockbuster? Notably, Luzhu Biotech’s herpes zoster vaccine is also undergoing clinical trials in the United States, making it the first Chinese vaccine to be submitted for approval in both China and the United States. If it surpasses Shingrix in overall effectiveness, including protection and safety, it could emerge as the best-in-class product, naturally paving the way for its success in the global market. Whether Luzhu Biotech can inject new vitality into the global vaccine market remains an exciting prospect to watch. PEANUT MEDIA LIMITED Ms. Chen Direct Line: +86-755-61619798 x8210 Email: hswh.project@czgmcn.com http://peanutmedia.com/

JCN Newswire

NEC Solution Modernizes Network Infrastructure Construction Work

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TOKYO, Feb 10, 2025 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) has developed a solution that enables the modernization of tasks, including planning, design and construction work, when telecommunications carriers install network infrastructure such as base stations. The introduction of this solution makes it possible to reduce the time required to build mobile infrastructure, from RAN to core, by approximately 60% compared to conventional methods.In order to accommodate the spread of 5G network virtualization technology (v-RAN, O-RAN, NFV), network infrastructure construction requires modernization to new processes based on cloud-native technology. It is expected that synergies between virtualization and modernization will further improve the level of automation in network infrastructure construction work. This solution responds to such needs, and improves the efficiency, quality and productivity of the virtualized mobile infrastructure construction process.Solution features:1. Provision of professional servicesBased on the wealth of knowledge NEC has gained from building virtualization platforms, the solution analyzes the business processes required when building network infrastructure, from site design to construction, testing, maintenance, operation, and quality management. This helps to support the identification of issues, the formulation of a vision, and the creation of a modernization implementation plan. The solution provides consultation on identifying issues in business processes, making improvements, providing implementation support, measuring the effects, and streamlining the business processes of telecommunications carriers to improve quality and productivity.2. A package of technologies supporting mobile network modernizationThe solution provides a package of technologies that are necessary for automating operations for each process of construction work. This allows telecommunications carriers to focus on implementing modernization measures. The solution is compatible with cloud-native technologies, and is composed of a microservice architecture that develops and links applications as small, independent groups of services. This makes it possible to support open, multi-vendor equipment.3. Real-time confirmation of operational data and acceleration of the feedback cycleNetwork operations staff are able to confirm operational data for all base stations in real time. This contributes to improving communication quality by speeding up the feedback cycle for base station status, as well as increasing operational efficiency.NEC provides the "Network and Cloud-Native Orchestrator" for telecommunications carriers. This supports digital transformation (DX) (modernization, hyper-automation, and automation/autonomy) in network operations, and enables total operational efficiency and optimal operation management (orchestration) from network virtualization/containerization, cloud design/construction to maintenance. Through this solution, NEC optimizes the entire lifecycle of network infrastructure, from construction to operation. This enables telecommunications carriers to quickly expand their service areas and contributes to their profitability.NEC offers end-to-end DX services, from strategy and concept consulting to implementation-focused offerings, based on the three pillars of business models, technology, and organization/talent. Additionally, in its shift from a traditional systems integrator to a "Value Driver," NEC restructured its value creation model under the name "NEC BluStellar" (*), which leverages NEC's cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise, aiming to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.(*)NEC BluStellar is a value creation model that leverages NEC’s cutting-edge technologies, developed and refined through years of experience and proven cross-industry expertise. It aims to transform business models, address social challenges, resolve management issues faced by customers, and lead them into a brighter future.ShareAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.

ACN Newswire

GTJAI Participated in First Batch of Northbound Bond Connect Offshore RMB Repurchase Business on Launch Day

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HONG KONG, Feb 10, 2025 - (ACN Newswire via SeaPRwire.com) - The offshore RMB bond repurchase business using bonds held under Northbound Bond Connect as collateral (offshore repo arrangement) officially launched today. Guotai Junan International Holdings Limited ("GTJAI" or "the Company", stock code: 1788.HK), as one of the first Chinese securities firms in Hong Kong to participate in this business, successfully executed trade on the first day with strong support from HSBC as a market maker counterpart as well as custodian bank.As an important platform for the interconnection between the capital markets of the Mainland and Hong Kong, Bond Connect has always been a key link for the opening-up and cooperation of financial markets. In January this year, the Hong Kong Monetary Authority and the People's Bank of China announced new measures to deepen financial cooperation between Hong Kong and the Mainland. Under the offshore repo arrangement, Northbound Bond Connect participants can use eligible onshore bonds as collateral to conduct RMB repurchase business in Hong Kong. The launch of this innovative business will further enhance the market-based arrangement for offshore RMB liquidity management and increase Hong Kong's competitiveness as an offshore RMB business hub.GTJAI has been a participant in Northbound Bond Connect for a long time, engaging actively in related businesses. The Company won multiple awards in the 2024 Bond Connect Outstanding Participants and Individuals Selection, including " Northbound Bond Connect Outstanding Investor (Investment Banking Category)". GTJAI excelled in preparing for this repurchase business, ensuring smooth transactions on launch day through proactive coordination with qualified counterparties. This showcased GTJAI's strength in innovation and execution and its positive response to financial cooperation policies between Hong Kong and the Mainland. Copyright 2025 ACN Newswire via SeaPRwire.com.

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