MEDICAL

GT Molecular, Rapidly Expanding Molecular Diagnostics Biotech, Launches Two Highly Sensitive Tests for the Dangerous UK Variant of SARS-CoV-2

GT Molecular | January 13, 2021

GT Molecular, a quickly extending sub-atomic diagnostics biotech, has dispatched two profoundly delicate tests for the risky UK Variant of SARS-CoV-2 (B.1.1.7). These tale examines expand upon GT Molecular's clinical foundation and technology for profoundly exact and solid qPCR and advanced PCR recognition of SARS-CoV-2 virus and are offered in two formats.

The fee-for-service testing of wastewater for the presence of SARS-CoV-2 and the variations available for use furnishes networks with a quick, exceptionally savvy technique to comprehend the measure of viral transmission inside a local area. Everybody inside a local area gives an example as a flush to the wastewater treatment office and a solitary wastewater test can cover a large number of individuals for a simple portion of what a clinical test for an individual expenses. Moreover, the presence of the infection in wastewater can go before nearby flare-ups locally by as long as seven days, giving wellbeing authorities time to prepare and increase testing.

By applying this technique for local area wastewater checking to the recently coursing UK variation, GT Molecular is the first to go above and beyond and really "genotype the sewer".

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MEDICAL

Texas Children's Pavilion for Women Acquires Austin Perinatal Associates Expanding Hospital's Maternal-Fetal Medicine Footprint to Central Tex

Texas Children's Hospital | May 09, 2022

Texas Children's Physician Group announced today that it has completed the acquisition of Austin Perinatal Associates, a well-known private maternal-fetal medicine practice based in Austin. Located at 6500 North Mopac Expressway, the facility is the ninth community maternal-fetal medicine clinic operated by the Texas Children's Pavilion for Women and the first to offer women's services in Central Texas – bringing the hospital's well-known, top tier women's health care closer to patients in this growing region of the state.  The announcement comes a decade after the expansion of Texas Children's Hospital into obstetrics and gynecological care, with a special focus on high-risk pregnancies, fetal surgery, and multiple births. Additional growth in the area includes a new freestanding, top tier children and women's hospital in North Austin that will top off in mid-May. Texas Children's Hospital Austin is set to open Q1 2024. The clinic, founded by Maternal-Fetal Medicine Specialist Dr. David L. Berry, has served as a convenient location for patients to receive a full array of care, including ultrasounds, genetics services, antenatal testing, and diabetes and hypertension management since 1997. Patients will now have access to clinical support with specialty programs at Texas Children's, including the Texas Children's Hospital Fetal Center, The Women's Place, and nutritional counseling Texas Children's continues to expand from Houston into the Austin area to bring Central Texans the same personalized, family-centered, high-quality medical care and services they've provided since 1954, With more than 60 years of newborn care experience, over 6,000 births a year, and maternal-fetal medicine offices throughout the Houston area, I'm excited to be a part of their expansion efforts into Austin." Berry. Berry is a fourth generation physician who returned to his hometown following his residency and post-graduate fellowship at Baylor College of Medicine to launch Austin Perinatal Associates in order to meet the medical needs of women experiencing high-risk pregnancies. His expertise includes prenatal diagnosis, invasive fetal diagnostics and therapeutics, infectious disease, cancer in pregnancy, and critical care obstetrics. We are proud to announce the growth of our world-class, specialized care for mothers and babies in the Austin community and excited to welcome Dr. Berry to our team, Our maternal-fetal medicine physicians at Texas Children's Fetal Center are known worldwide for their expert care for high-risk pregnancies, and this clinic allows for a seamless connection to our Fetal Center – one of the nation's leaders in the diagnosis and treatment of abnormalities in unborn and newborn infants." Dr. Michael Belfort, OB/GYN-in-Chief at Texas Children's Pavilion for Women and Professor and Chair of the Department of Obstetrics and Gynecology at Baylor College of Medicine. About Texas Children's Hospital Texas Children's Hospital, a not-for-profit health care organization, is committed to creating a healthier future for children and women throughout the global community by leading in patient care, education and research. Consistently ranked as the best children's hospital in Texas, and among the top in the nation, Texas Children's has garnered widespread recognition for its expertise and breakthroughs in pediatric and women's health. The hospital includes the Jan and Dan Duncan Neurological Research Institute; the Feigin Tower for pediatric research; Texas Children's Pavilion for Women, a comprehensive obstetrics/gynecology facility focusing on high-risk births; Texas Children's Hospital West Campus, a community hospital in suburban West Houston; and Texas Children's Hospital The Woodlands, the first hospital devoted to children's care for communities north of Houston. The organization also created Texas Children's Health Plan, the nation's first HMO for children; has the largest pediatric primary care network in the country, Texas Children's Pediatrics; Texas Children's Urgent Care clinics that specialize in after-hours care tailored specifically for children; and a global health program that's channeling care to children and women all over the world. Texas Children's Hospital is affiliated with Baylor College of Medicine.

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INDUSTRIAL IMPACT

Lummus and Synthos Advance Bio-Butadiene Technology Development to Produce Sustainable Rubber

Lummus Technology, LLC | February 14, 2022

Lummus Technology announced that its Green Circle business and Synthos S.A. have reached a major milestone in the development of advanced bio-butadiene technology. After completing a successful feasibility study in 2021, Lummus and Synthos have concluded that the bio-butadiene technology is ready for implementation, and the companies have agreed to move into the engineering and design phase of the project. Given the confidence in the technology and the strong market demand for renewable materials, Synthos has committed to building a plant with a capacity of 40,000 metric tons of bio-butadiene per year – twice as much as the companies had originally planned. In addition to the plant capacity expansion, Synthos has confirmed that it will license BASF's butadiene extraction technology from Lummus and leverage Lummus' digitalization capabilities for operational efficiency and reliability. "Since Lummus began collaborating with Synthos last year, it has become evident that this technology has the potential to be the new standard in our industry due to its renewable sourcing, production efficiency and low carbon footprint. The petrochemical industry is quickly adjusting to ambitious sustainability requirements, and at Lummus we continue to lead this change on multiple fronts. The commercialization with Synthos of this bio-technology for more sustainable rubber products is one of several sustainable process solutions that are making a positive impact." Leon de Bruyn, President and Chief Executive Officer of Lummus Technology "Synthos is making great strides in developing a synthetic rubber product portfolio with a significantly reduced environmental footprint. Entering the next phase of our collaboration with Lummus is another step toward our commitment to help our customers achieve their performance and sustainability goals," said Matteo Marchisio, Synthetic Rubber Business Unit Director, Synthos. "We believe the availability of sustainable synthetic rubber made from bio-butadiene will play an important role in the industry's ability to meet the demands of modern mobility, and we are proud to partner with Lummus Technology to lead the way." Synthos is a global leader in the development and production of synthetic rubber for tires and technical rubber goods and is committed to providing its customers with high-performance material solutions with a lower environmental footprint. In 2021, Green Circle and Synthos announced that they will collaborate on the development and commercialization of bio-butadiene derived from bio-ethanol to enable the production of value-added, more sustainable synthetic rubber. A subsidiary of Lummus, Green Circle is a leader in commercializing and developing breakthrough solutions to address the key pillars of the energy transition, including end-of-life waste plastics recycling, production of bio derived sustainable chemicals, and decarbonization strategies for existing and new assets. About Lummus Technology Lummus Technology is the global leader in developing process technologies that make modern life possible and focus on a more sustainable, low carbon future. Lummus is a master licensor of clean energy, petrochemical, refining, gas processing and renewable technologies, and a supplier of catalysts, proprietary equipment, digitalization and related lifecycle services to customers worldwide. About Synthos Synthos S.A. is a chemical producer and a major player in the global synthetic rubber market. Synthos S.A. Capital Group's business includes the production and sales of chemical products used as raw materials and intermediates in a wide range of industries, particularly in the tire industry, the construction industry and the packaging industry.

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MEDICAL

Invest Ontario Supports New Biomanufacturing Facility in Hamilton

Invest Ontario | April 01, 2022

Invest Ontario is supporting OmniaBio Inc. in launching a new biomanufacturing facility that will catalyze Ontario life sciences jobs and innovation while advancing pioneering medicine with the potential to cure, not just treat, many forms of cancer, cardiovascular diseases, Parkinson's and diabetes. OmniaBio, a Canadian cell and gene therapy contract development and manufacturing organization (CDMO), will be the anchor tenant in a new biomanufacturing campus being built in Hamilton's McMaster Innovation Park. Subject to reaching a definitive agreement, Invest Ontario will provide a loan of up to $40 million, contributing to an overall project investment of over $580 million, creating 250 jobs by 2031. Invest Ontario will also be providing non-financial support to OmniaBio, including helping the company meet its future talent needs and promoting opportunities to enhance local skills development partnerships. As a contract manufacturer, OmniaBio will support a broad range of cell and gene therapy companies – both homegrown and international – by providing process development and clinical/commercial production services in compliance with global health standards. The OmniaBio investment supports Ontario's new Life Sciences Strategy that will advance the province's leadership as a North American life sciences hub offering a collaborative ecosystem for the development, commercialization and adoption of innovative health products and services. OmniaBio is being spun out of the Toronto-based Centre for Commercialization of Regenerative Medicine (CCRM), a leader in developing and commercializing regenerative medicine-based technologies and cell and gene therapies. OmniaBio will build on CCRM's existing global client base, with the project ultimately creating a six-fold increase in biomanufacturing capacity. Ontario's life sciences sector is the largest in Canada (representing more than 50 per cent of related economic activity) and comprises about 1,900 firms employing around 66,000 people.

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CELL AND GENE THERAPY

Taysha Gene Therapies Added to the Nasdaq Biotechnology Index

Taysha Gene Therapies | December 16, 2021

Taysha Gene Therapies Inc. a patient-centric, pivotal-stage gene therapy company focused on developing and commercializing AAV-based gene therapies for the treatment of monogenic diseases of the central nervous system in both rare and large patient populations, announced that it has been added to the Nasdaq Biotechnology Index in accordance with the annual reconstitution of the index, effective prior to the U.S. market open on Monday, December 20, 2021. “We are pleased to announce Taysha’s inclusion in the Nasdaq Biotechnology Index. As we continue to advance our broad pipeline and execute on our near-term clinical and regulatory milestones, inclusion in this index will enhance our visibility and expand awareness of our story with investors.” RA Session II, President, Founder and CEO of Taysha The Nasdaq Biotechnology Index is designed to track the performance of a set of securities listed on The Nasdaq Stock Market® that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark. The Nasdaq Biotechnology Index is calculated under a modified capitalization-weighted methodology. Companies in the Nasdaq Biotechnology Index must meet eligibility requirements, including minimum market capitalization, average daily trading volume and seasoning as a public company, among other criteria. Nasdaq selects constituents once annually in December. About Taysha Gene Therapies Taysha Gene Therapies is on a mission to eradicate monogenic CNS disease. With a singular focus on developing curative medicines, we aim to rapidly translate our treatments from bench to bedside. We have combined our team’s proven experience in gene therapy drug development and commercialization with the world-class UT Southwestern Gene Therapy Program to build an extensive, AAV gene therapy pipeline focused on both rare and large-market indications. Together, we leverage our fully integrated platform—an engine for potential new cures—with a goal of dramatically improving patients’ lives.

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