Day: May 24, 2023

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The Coretec Group Releases May 2023 Shareholder Call Transcript and Webcast Recording

The Company provided updates on its Endurion battery program, discussed the importance of its latest provisional patent, and outlined goals for the remainder of 2023

ANN ARBOR, Mich., May 24, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today released the transcript and webcast recording from its May 18, 2023 shareholder update on the Company’s Investor Relations Website.

During the call, The Coretec Group’s Chief Executive Officer, Matt Kappers, Chief Technology Officer, Ramez Elgammal, Ph.D., and VP of Partnerships and Innovation, Michelle Tokarz, Ph.D., shared its strong results from cycling tests on its modified silicon battery material. These tests proved three important factors:

  • Coretec’s team successfully bonded a polymer to the silicon nanoparticles.
  • The Endurion engineered solid electrolyte interface layer improves rate capability.
  • The cycling stability of Endurion’s silicon material outperformed unmodified materials.

The Company also discussed the importance of its latest provisional patent. The patent identifies three distinct, novel methodologies for minimizing pulverization and increasing the rate capability by creating an artificial solid electrolyte interface. This innovation is capable of extending the life and increasing the capabilities of silicon-based anodes for lithium-ion batteries, with an emphasis on scalability. The development marks a major breakthrough for the Company’s Endurion battery program focused on EV batteries that charge faster and last longer than the current industry standard.

The Company also provided a roadmap for the rest of the year, and an update on its current and prospective partnerships. It is developing relationships with potential Endurion end-users such as automakers and battery companies as well as key suppliers and testing companies.

The call concluded with Company leadership answering questions from the investor community. Kappers urged all who are interested in receiving the latest Company updates to sign up for notifications on its Investor Relations Website, follow the Company’s social media channels on Twitter and LinkedIn, and watch its recent informational video that breaks down the Endurion battery program.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan-based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company’s current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium-ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy-focused products, including solid-state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group’s groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast-paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward-Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward-looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward-looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916-0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669-6818

GlobeNewswire Distribution ID 8845674

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New Access Accelerated Global Collective Report Charts Path Forward in Fight Against Noncommunicable Diseases

Access Accelerated and Partners Unveil Findings From Six-Year Report

GENEVA, SWITZERLAND / ACCESSWIRE / May 24, 2023 / Access Accelerated, a pioneering collective of leading biopharmaceutical and life science companies dedicated to confronting the growing global noncommunicable disease (NCD) crisis, announced the release of a six-year report: Key Lessons in Advancing Access to NCD Care: Collaboration, Connectivity, Community.

 

Access Accelerated
Access Accelerated logo

This milestone report highlights the initiative’s outcomes, impact, and collective learnings between 2017 and 2022 and serves as a retrospective, a showcase for the initiative’s success stories and challenges, and a much-needed vision for the future.

Michael Fredrich, Lead Access to Medicine Non-Communicable Diseases at Bayer Pharmaceuticals and Chair of the Access Accelerated Board, commented, “With the 2030 deadline for the UN Sustainable Development Goals approaching fast, which include Universal Health Coverage, it’s more important than ever that we make the most out of our resources and approach this fight strategically. This report gives us the opportunity to critically evaluate our past and use key learnings for the future. It is essential that we share insights and learn from our collective efforts. Much work lies ahead, but this report serves as a valuable foundation for effectively addressing NCDs.”

This initiative’s impact has already been felt widely. Access Accelerated and its strategic partners – the City Cancer Challenge Foundation, NCD Alliance, PATH, the World Bank and the World Heart Federation – have helped improve access to NCD screening, diagnosis, and treatment around the world, reaching over 700 million people through 54 partner projects in 37 countries and catalyzing $US1.6 billion in investment in 2022 alone. By the end of phase 2 (2020-2022), this number totalled $US3.7 billion. In the same period, Access Accelerated partner projects contributed to policy change in 35 countries and 13 projects were scaled to national level, moving away from pilot phase to locally embedded projects.

Six years since its founding, the initiative has accumulated a wealth of hard-won knowledge and experience. The report highlights those learnings, including the crucial role of open, transparent communication in measuring intangible impact of partnerships, the ways flexible long-term funding can open the way for locally embedded solutions, and why community- and patient-centric approaches are essential to sustainability. By capturing impacts beyond hard numbers, the report demonstrates the importance of local engagement, trust, and social capital in improving NCD outcomes over time.

According to Dr. Juan Pablo Uribe, World Bank’s Global Director for Health, Nutrition & Population and Director of the Global Financing Facility, the report demonstrates the importance of rigorous monitoring and reporting. “Learning from our successes and challenges is absolutely necessary if we are going to shape more efficient and effective initiatives that can respond to the growing NCD burden on countries around the world. That’s why we’re excited to have the insights offered by this report to inform future initiatives and are grateful to the partnership with Access Accelerated which has led to meaningful action in creating sustainable change.”

Visit www.accessaccelerated.org to download the report.

About Access Accelerated

Founded in 2017, Access Accelerated is an unprecedented industry-led collective of life science companies united by the belief that no person should die from a preventable and treatable disease. Through the power of collaboration and a proven framework for cooperation, Access Accelerated brings together stakeholders across the private, public and social sectors, including implementers, decision-makers and financiers, in a shared mission of advancing action against the escalating challenge of NCDs in low- and middle-income countries and underserved communities.

Contact Information

Thuy Khuc-Bilon
Communications Manager
info@accessaccelerated.org
+41 79 473 0341

SOURCE: Access Accelerated

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UPHOLD PROMISE TO PROTECT CIVILIANS CAUGHT IN CONFLICT: GUTERRES

UN Secretary-General Antonio Guterres on Tuesday urged upholding promise to protect civilians caught in conflict.

“Civilians have suffered the deadly effects of armed conflict for too long. It is time we live up to our promise to protect them,” Guterres told the UN Security Council debate on the protection of civilians in armed conflict.

The world is failing to live up to its commitment to protect civilians during wartime, the top UN official said, urging greater respect for international humanitarian law.

Last year, civilians accounted for 94 percent of victims of explosive weapons deployed in populated areas, he said.

More than 117 million people worldwide also faced acute hunger in 2022, primarily because of war and insecurity, which he described as “an outrage.”

Guterres pointed to recent action towards alleviating the impact of conflict on civilians. For example, some warring parties have taken steps to protect children and allow humanitarians to access people in need.

Addressing food security, he mentioned measures such as the Black Sea Initiative to export grain from Ukraine amid the ongoing war, as well as a memorandum of understanding on bringing Russian food and fertilizer to global markets.

Last November, states adopted a political declaration on restricting or refraining from the use of explosive weapons in populated areas, which he urged all countries to join.

The council also adopted a resolution the following month which aims to prevent UN sanctions from harming civilians and obstructing humanitarian action.

“These modest steps are welcome. But the terrible truth is that the world is failing to live up to its commitments to protect civilians; commitments enshrined in international humanitarian law,” said Guterres, referring to the Geneva Conventions.

“We need action and accountability to ensure it is respected. That depends on political will,” he added.

The secretary-general urged the international community to intensify efforts to prevent conflict, protect civilians, preserve peace and find political solutions to war.

“Where war continues, all countries must comply with international humanitarian law and members of this council have a particular responsibility,” he said.

Additionally, countries that export weapons should refuse to do business with any party that fails to comply with international humanitarian law, said the UN chief.

Source: National News Agency – Lebanon

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NEW CHINESE AMBASSADOR TO US ACKNOWLEDGES CHALLENGES IN RELATIONS

China’s new ambassador to Washington, Xie Feng, said on Tuesday that he will seek to enhance China-U.S. cooperation, but that relations face serious challenges.

“I have come here to safeguard China’s interest. This is my sacred responsibility,” Xie told reporters after landing at New York City’s John F. Kennedy International Airport.

“I’m also the envoy of Chinese people, so I’ve come here to enhance China-U.S. exchanges and cooperation,” said Xie, who has garnered a reputation for often blunt rebukes of U.S. actions as ties between the strategic rivals have deteriorated over issues ranging from Taiwan to trade.

Xie, 59, who most recently served as a vice foreign minister charged with overseeing policy toward the U.S., fills the post as, many analysts say, relations between the world’s two largest economies are in the worst state since they were formally established in 1979.

Relations face “serious difficulties and challenges,” Xie said in remarks before departing the airport and boarding a van. Chinese officials said he would drive to Washington.

A fluent English speaker who was previously posted twice to China’s Washington embassy, Xie lodged China’s formal denunciation in February for Washington “obstinately” shooting down what it suspected was a Chinese spy balloon after its flight over the United States spurred a diplomatic crisis.

Beijing has argued it was a civilian airship.

State Department spokesperson Matthew Miller said the U.S. welcomed Xie’s arrival.

“We look forward to working with the ambassador designate and his team,” Miller said. “We remain committed, as we said on a number of occasions, to maintain channels of communication with the PRC (People’s Republic of China) to responsibly manage competition.”

Source: National News Agency – Lebanon