South Africa – Page 76 – Sudan Gazette

April 10, 2023

From Inner Life to Outer World: How Women, Gen Z Are Invested in Business Education

Survey finds interest in tech sector stagnates for post-school career while the U.S. continues to attract global talent upon rebounding mobility

RESTON, Va., April 10, 2023 (GLOBE NEWSWIRE) — People thinking about going back to business schools are more interested in enriching their lives than increasing their incomes, according to a survey of prospective students of graduate management education (GME) released by the Graduate Management Admission Council (GMAC), a global association representing leading business schools. Seventy-nine percent of prospective students worldwide are motivated to pursue GME to better their lives and develop their potential—15 percentage points more than the next-best motivator, increasing income.

Furthermore, women, millennials, underrepresented U.S. candidates, and first-generation prospective students are all statistically more likely to indicate post-GME career preference for the government or nonprofit sector, which tends to be more stable and socially engaged though less lucrative than the private sector. Gen Z, on the other hand, are most interested in entering the finance and accounting industry, and about 10 percentage points more likely to cite increasing their incomes and expanding their networks as top motivators for pursuing GME than their older counterparts.

“In response to queries frequently received from our schools, we asked additional questions in our survey this year because meaningful shifts in prospective student demographics are underway. Understanding candidates from Gen Z—now the largest generation applying to business schools—is critical as programs plan for expanding the pipeline down the road,” said Joy Jones, CEO of GMAC. “We want to take a closer look at the trends among women, first-generation, and U.S. underrepresented candidates to equip schools with the knowledge that ensures every talented person can benefit from the best business education for them.”

Full-time MBA programs continue dominance while in-person experience trumps for Gen Z

Since 2019, the two-year MBA has been the preferred program among candidates globally. This year, the one-year MBA surpassed it as the most popular program choice, though the difference remains within the margin of error. Taken together, the full-time MBA of any duration continues to surpass interest in more flexible or executive MBAs and business master’s programs.

Gen Z is most interested in the two-year MBA and millennials are most interested in the one-year MBA. Despite growing up as digital natives, Gen Z also have a strong preference for in-person study, with 80 percent of Gen Z reporting preference for this modality compared to 69 percent of millennials. This could be an indication of where each generation is in their career—older candidates may have more established networks or more responsibilities at work or at home, while younger candidates are more interested in expanding their networks and may have more ease entering and exiting GME.

Flexibility speaks to women candidates as interest in the technology sector stagnates

It is true overall global preference remains with in-person learning. But online—and especially hybrid—programs have made in-roads with groups most likely to benefit from the flexibility they offer, specifically women, first-generation, and millennial candidates.

“There is no doubt that these programs play an important role in the overall equity of graduate management education, attracting candidates who rely on flexible program delivery and may not otherwise pursue a business degree,” said Anthony Wilbon, dean of Howard University’s School of Business and a board member of GMAC.

After graduation, consulting remains the top post-GME industry across generations and regions. Though change may be on the horizon in the number two slot – the technology industry – as Gen Z show more interest in finance and accounting than technology. While data was collected largely before the recent retraction of the tech industry, this year’s results demonstrate underlying challenges with the pipeline of GME candidates interested in tech—namely that Gen Z, women, and underrepresented U.S. candidates are less interested in the field.

The United States remain the top consideration as a study destination

COVID-19 forced people around the world to stay at home, but candidates are again looking to study abroad. Prospective students interested in studying outside of their country of citizenship are up, especially in Europe and Asia/Pacific Islands compared to last year – 84 percent of candidates from Asia are looking to study outside of their country of citizenship compared to 79 percent last year, and 81 percent of candidates from Europe are looking to study outside of their country of citizenship compared to 77 percent last year.

The trends driving candidates to study in places like the United States and Western Europe have not changed since last year. After losing the top spot for a year in 2020, the U.S. remains the most preferred study destination – driven by reputation and perceived career preparation, with 42 percent of respondents indicating interest, followed by Europe (37%) and Canada (9%). While candidates perceive U.S. GME programs as more expensive than others in Europe, Canada, or Australia, candidates also believe there is more financial aid available in the United States.

About the Prospective Student Survey

For more than a decade, the GMAC Prospective Students Survey has provided the world’s graduate business schools with critical insights into the decision-making processes of people currently considering applying to a graduate management education (GME) program. This year’s summary report considers data collected in the 2022 calendar year from 2,710 respondents in 131 countries around the world. Among them, 40 percent are female, 44 percent are younger than 24 years-old, 21 percent are U.S. underrepresented population, and 55 percent majored in a non-business field as undergraduates. The survey continues to explore trends in the candidate pipeline, program preferences, and career goals, with new questions added this year about first-generation candidates, motivations for pursuing graduate management education, and social issues like sustainability and corporate social responsibility. The report also considers the longevity of trends in online and hybrid education and candidate mobility brought on by the COVID-19 pandemic.

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test (GMAT) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and GMAC Tours are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
Mobile: 202-390-4180
thsu@gmac.com

GlobeNewswire Distribution ID 8804854

April 6, 2023

From Mine to Rostrum: Sotheby’s to Auction One of the Greatest Gem Discoveries of the Century

Estrela de Fura

Estrela de Fura – Gem

AT 55.22 CARATS, THE RARE GEMSTONE IS THE LARGEST & MOST VALUABLE RUBY TO EVER APPEAR AT AUCTION

EXPECTED TO ACHIEVE IN EXCESS OF $30 MILLION UNEARTHED IN MOZAMBIQUE AND CUT FROM A 101 CARAT ROUGH

THE WORLD’S LARGEST GEM-QUALITY RUBY IN EXISTENCE – THE ESTRELA DE FURA 55.22 WILL HIGHLIGHT SOTHEBY’S MAGNIFICENT JEWELS AUCTION THIS JUNE

“Already in its rough state, the Estrela de Fura showed its extraordinary quality traits with a potential to become a one-of-a-kind gemstone.
The cutter was able to realize this potential and created a faceted ruby with an astounding 55.22 ct weight, displaying a saturated and homogeneous red color, combined with a degree of clarity unseen in any other unheated ruby of comparable size.
To see a natural ruby of this size, with such a combination of quality characteristics spared from treatment was considered almost unimaginable.
The natural ruby of 55.22 ct is setting a new record not only for Mozambican rubies, but also for rubies in general.”
The Gübelin Gem Lab

NEW YORK, April 06, 2023 (GLOBE NEWSWIRE) — When FURA Gems announced its historic uncovering of the world’s largest gem-quality ruby ever discovered in September 2022, the news dominated headlines the world over, prompting tremendous excitement and taking the gemstone market by storm. Unearthed from FURA’s ruby mine in Montepuez, Mozambique in July of 2022, the gemstone – weighing an astonishing 101 carats – was subsequently named Estrela de FURA (Star of FURA in Portuguese), in a nod to its outstanding depth of color and size, and to shine a spotlight on Mozambique as a rich source of premium quality rubies. Even in its rough, untouched state, Estrela de FURA was considered by experts as an exceptional treasure of nature for its fluorescence, outstanding clarity and vivid red hue, known as ‘pigeon’s blood’ – a color traditionally associated only with Burmese rubies.

Estrela de Fura _ Raw gem

Now seven months after its initial debut, as the hammer fell on the final lot of The Exceptional Luxury Evening Auction in Hong Kong, speculation on the ruby’s whereabouts were finally put to rest when Sotheby’s auctioneer, Uni Kim, officially unveiled Estrela de FURA 55.22 to the world. Weighing a sizable 55.22 carats, this exceptionally important and rare Mozambique gem is the largest gem-quality ruby to ever appear at auction. Its combination of rich saturation of color, untouched by heat treatment, highly crystalline appearance and incomparable size that – with an estimate in excess of $30 million – places Estrela de FURA 55.22 as the most valuable and important ruby ever to come to market.

Following an initial series of studies of the 101 carat rough crystal to determine cutting options in the beginning of year, Estrela de FURA was masterfully cut and faceted by a team of artisans – with the rough transformed into a beautiful cushion-shaped stone, which according to a report from the Swiss Gemmological Institute (SSEF), “resulted in vivid red hues due to multiple internal reflections.” The report further states, “a natural ruby from Mozambique of this size and quality can be considered very rare and thus anexceptional treasure of nature.” The aforenamed gem is profoundly rich in chromium which, when exposed to ultraviolet light – as found in sunlight – causes the stone to radiate a fiery red fluorescence, further enhancing the stone’s vibrancy, as though lit from within.

Estrela de Fura _ lifestyle

The ruby has become one of the most sought-after colored gemstones at a time when color dominates the world of jewels and rarity drives the market. Rubies of this importance and magnitude are exceedingly rare, with only two examples having ever broken the $15 million barrier at auction, making the appearance of the present gem a landmark event in itself. The Gübelin Gem Lab states further that the ruby “is setting a new record not only for Mozambican rubies, but also for rubies in general.” Estrela de FURA 55.22 is poised to make history as it sets to surpass The Sunrise Ruby, a 25.59 carat ruby of Burmese origin, which sold for $30.3 million ($1,185,451 per carat) at Sotheby’s Geneva in 2015, and still holds the world auction record for a ruby*.

The stone’s new journey commences today at Sotheby’s Hong Kong, where it will then embark on a worldwide tour, with exhibitions scheduled in Taipei, China, Singapore, Geneva and Dubai (full dates will be released in due course) before it stars in Sotheby’s Magnificent Jewels auction in New York on 8 June.

__________________________________________________________________________________

“The miraculous discovery last year of the 101 carat Estrela de FURA at the FURA mine in Mozambique was of immense importance, shocking all those in the jewelry world. Now, in its newly transformed state of 55.22 carats, Estrela de FURA 55.22, is a true wonder of nature and sensational stone of perfect color and exceptional clarity, combined with a superb cushion shape. It is undoubtedly positioned to become the standard bearer for African rubies – and gemstones in general, bringing global awareness to their ability to be on par with, and even outshine, those from Burma, which have traditionally been the most desirable and recognizable source for rubies,” declares Quig Bruning, Head of Sotheby’s Jewelry, Americas.

“We, at FURA, are incredibly proud of the discovery of Estrela de FURA at such an early part of our Mozambican journey. Important gemstones, such as Estrela de FURA, are extremely rare, and a beautifully faceted gem-quality ruby of 55.22 carats is almost unheard of. From the in-depth analysis and study of the stone – through the process of cutting and polishing – we have worked with the utmost care and respect for the Ruby, recognizing its importance and stature. Witnessing the completion of Estrela de FURA 55.22 was a monumental achievement for all of us, and we are excited that a new page in the story of this incredible gem and Mozambican rubies is about to be written with Sotheby’s,” declares Dev Shetty, Founder and Chief Executive Officer of FURA Gems.

__________________________________________________________________________________

RUBY MINING IN MOZAMBIQUE

Ruby mining in Mozambique beholds a long, rich history, with the first significant discoveries of ruby deposits in the country dating back to the 1960s. However, it was not until the early 2000s that the mining of rubies in Mozambique gained real momentum, with the discovery of the Montepuez ruby deposit in the northern part of the country, where the Estrela de FURA rough crystal was originally found. The best of these rubies from Mozambique are characterized by an outstanding transparency and rich color, resulting in extraordinary overall quality. The Montepuez ruby deposit is one of the largest ruby deposits in the world, attracting significant interest from international mining companies.

__________________________________________________________________________________

A NOTE TO EDITORS

*The current world record for a ruby sold at auction is held by the ‘Sunrise Ruby,’ a 25.59 carat Burmese stone, which was auctioned at Sotheby’s Geneva in May 2015 for $30.3 million. This price also established a new record for any ruby per carat ($1,185,451 per carat), at the time

__________________________________________________________________________________

ABOUT FURA GEMS

FURA Gems Inc. is a young coloured gemstone mining and marketing company established in 2017. Headquartered in Dubai, United Arab Emirates, FURA has over 1,200 employees across continents. It is the first truly pioneering, creative and ethical enterprise to cover the entire spectrum of coloured gemstones.

FURA has three mining operating subsidiaries in Colombia, Mozambique, and Australia, that mine emeralds, rubies, and sapphires respectively. It is the fastest growing coloured gemstone mining company with the sole objective of ensuring stability and traceability of ethically mined coloured gemstones from rough to retail.

FURA Gems will allocate a portion of the proceeds of the sale towards setting up the Fura Training Academy to support the community where it operates in Mozambique.

The key objective is to promote access to qualified education and technical training to the local population in different work streams such as mining, carpentry, engineering, and agriculture to provide them with a sustainable income. www.furagems.com

__________________________________________________________________________________

CONTACT AT FURA GEMS INC. FURA COMMUNICATION

MR GIANLUCA MAINA | GIANLUCA.MAINA@FURAGEMS.COM

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GlobeNewswire Distribution ID 1000802550

April 5, 2023

Notified’s Investor Relations Event Platform Delivers New Features to Create Engaging and Accessible Stakeholder Communications

Latest Enhancements Improve User Experience for Earnings and Investor Days

NEW YORK, April 04, 2023 (GLOBE NEWSWIRE) — Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals, today announced a series of enhancements that are now available in its Investor Relations (IR) Event Platform – including expanded features that bolster digital accessibility compliance and improve stakeholder engagement for earnings and investor days. The latest developments to the platform enable Notified customers to meet compliance requirements while creating high-impact events to strengthen and expand their shareholder base, learn more about their investment community, and access the insights and analytics they need to make informed decisions.

“In today’s complex business environment, the responsibility of successfully managing communications between corporate leadership and stakeholders is absolutely critical,” said Nimesh Davé, president, Notified. “Companies want to raise awareness, increase visibility and stay competitive. At Notified, we are committed to developing the tools that empower companies to amplify their stories by innovating traditional IR processes to meet evolving investor expectations and ultimately support successful business outcomes. The latest enhancements to Notified’s IR Event Platform enable innovation by delivering flexibility and optionality, while ensuring industry-leading compliance and security.”

A Media Snippet accompanying this announcement is available by selecting the image or link below:

These enhancements include:

Enhanced Digital Accessibility and Compliance: Notified’s webcast players are regularly assessed and updated based on evolving accessibility requirements, in partnership with digital accessibility solution provider Level Access. The enhanced IR Event Platform webcast has an upgraded user experience that supports our customers in meeting Web Content Accessibility Guidelines (WCAG 2.1) Level AA standards, including screen reader compatibility.
New, Customized Layouts: new tools such as a welcome lobby and countdown clock are available to build excitement for highly anticipated events. Companies can match their full website look and feel by turning webcasts into one or multipage microsites.
Powerful Stakeholder Engagement: end users have increased control of their experience, including the ability to manage playback speed for both live and on-demand content, utilize live DVR to pause and resume without missing anything, and access to a picture-in-picture feature for video webcasts.
Optionality and Scalability: Notified’s IR Event Platform is available in Essentials and Expert modes – these new, flexible product versions enable IR teams to select a solution that meets their unique needs and budgets while ensuring inclusivity and accessibility for all users.

“Notified’s IR Event Platform enables finance teams to make the most of required communications – it is purpose-built for investor communications and corporate reporting,” said Erik Carlson, COO and CFO, Notified. “We’ve prioritized the features and functionality that our clients depend on to meet today’s standards – including unmatched delivery, security, customer service and flexibility–while enabling future innovation.”

With decades of market experience, Notified is the #1 provider of IR webcasts and a trusted provider to 88% of the Fortune 100. In addition to being Systems and Organization Controls 2 (SOC2) certified, it continues to partner with industry leading accessibility advisors for webcasts and websites, solidifying Notified’s ability to reach client goals while maintaining security and accessibility. The company’s comprehensive suite of solutions enable businesses to effectively reach and engage customers, investors, employees and the media – from press release distribution via GlobeNewswire to earnings calls, IR websites, social listening, media engagement, webinars and digital experiences.

“It’s deeply rewarding to support businesses that share our commitment to creating a more equitable digital world,” said Tim Springer, CEO, Level Access. “Notified has prioritized digital accessibility by building inclusive experiences for its customers and continues to prioritize accessibility to align with new feature releases. We couldn’t be prouder of our work together on the IR Event Platform, and we’re confident our collaboration will continue to change the status quo for online inclusion in the future.”

To learn more about Notified’s IR Event Platform, visit: https://www.notified.com/IR/earnings-day

About Notified:
Notified is committed to making it easy for brands to create and share powerful stories with the world. Our suite of world-class, award-winning solutions and our dedicated customer service team are relied upon by more than 10,000 global customers, from growing businesses and public companies to some of the world’s most recognizable brands.

Notified’s solutions help businesses effectively share and amplify their stories—to customers, investors, employees and the media. From press release distribution via GlobeNewswire to earnings calls, IR websites, social listening, media engagement, webinars and digital experiences, Notified has you covered. Notified is a part of West Technology Group, LLC (formerly Intrado Corporation) controlled by affiliates of certain funds managed by Apollo Global Management, Inc. (NYSE: APO). Notified is headquartered in New York, N.Y.

Learn more at www.notified.com or follow us on LinkedIn, Twitter, or our blog.

Contact:

Hannah Freedman

Director, Media and Communications

hannah.freedman@notified.com

GlobeNewswire Distribution ID 8802163

April 4, 2023

Vytelle Closes $20MM in Series B Funding to Accelerate Genetic Progress in Cattle

LENEXA, Kansas, April 04, 2023 (GLOBE NEWSWIRE) — Vytelle, a precision livestock company, has raised $20MM in Series B funding to accelerate genetic progress in cattle. With this new investment, Vytelle will continue to expand its global operations, while delivering the most accessible, reliable, and predictable reproductive technology available to customers today.

The investment was led by Forage Capital Partners, a Calgary based growth equity fund that invests across the entire food and agriculture value chain. New investor, Mountain Group Partners, joins current investors, Grosvenor Food and Ag Tech, Open Prairie, Fulcrum Global Capital, Serra Ventures, and KC Rise to complete the round.

Forage Capital Partner, Jim Taylor said, “Vytelle has proven their ability to scale and deliver consistent results for the benefit of cattle producers aiming to accelerate genetic progress around the world. We are impressed with Vytelle’s track record of growth and delivery and are excited about what the future will bring.”

Vytelle’s integrated technology platform combines Vytelle ADVANCE, a breakthrough in vitro fertilization (IVF) technology, with Vytelle SENSE, an animal performance data capture system, and Vytelle INSIGHT, an artificial intelligence based genetic analytics engine.

As the fastest growing advanced reproduction company, Vytelle is easily accessible to more than 50% of the US cow herd. Combining this footprint, with Vytelle’s curation of the world’s largest multibreed efficiency database, provides the infrastructure to impact bovine genetic progress rapidly. Progressive cattle producers can use the technology to multiply the impact of elite livestock productivity and profitability, sustainably delivering more protein with fewer inputs.

“We are delighted to have secured this new investment; this is indicative of strong market interest in our products and services. Our mission is clear, and we are grateful for the support of our investors who join us on our journey to ensure meat and milk are viable food choices for future generations.” said Kerryann Kocher, CEO of Vytelle.

About Vytelle

Vytelle is a precision livestock company reshaping how cattle producers worldwide optimize their herds. Through Vytelle’s integrated technology platform, generations of genetic gains can be made in just a few years. This allows producers to sustainably deliver more protein with fewer inputs, helping to ensure meat and milk are viable, competitive food choices for future generations. For more information about Vytelle, please visit www.vytelle.com.

About Forage Capital Partners

Forage Capital Partners is Canada’s most experienced team of Ag & Food investors, having managed over $500 million in commitments to the industry over the last 18 years. Forage Capital Ag & Food Business Solutions Fund works to provide its portfolio companies with the stability and flexibility they need to expand and adapt their business models during these challenging times. The fund will invest with creative business owners that are looking to capitalize on new and innovative opportunities. For more information on Forage Capital Partners, visit www.foragecapitalpartners.com.

About Mountain Group Partners

Mountain Group Partners is a Nashville-based venture capital firm that invests in early-stage companies predominantly in the life sciences, animal health and disruptive technology sectors.  The firm has invested in companies across animal health primarily in companion animals and technologies centered on improving protein production.  Mountain Group takes a hands-on approach to investing based upon its deep operational experience and currently has over $300 million in assets under management. For more information on Mountain Group Partners, visit www.mtngp.com.

Attachment

Vytelle Announces Series B Funding

Lisa Rumsfeld
Vytelle
lisa.rumsfeld@vytelle.com

GlobeNewswire Distribution ID 8801024

April 4, 2023

Decision Intelligence Leader & AI Innovator Quantexa Raises Valuation to $1.8 Billion With Completion of Series E Funding Round

GIC leads funding round of $129 million with Warburg Pincus, Dawn Capital and other existing investors participating

Quantexa joins elite group of UK tech companies reaching breakout Unicorn status

LONDON and NEW YORK, April 04, 2023 (GLOBE NEWSWIRE) — Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it has completed a $129 million Series E funding round. The latest investment round secures the British tech company’s unicorn status with a valuation of $1.8 billion and will accelerate the execution of its growth strategy within the *$230bn Decision Intelligence category.

The round was led by GIC, a global institutional investor, and existing investors also participated, including Warburg Pincus, Dawn Capital, British Patient Capital, Evolution Equity Partners, HSBC, BNY Mellon, ABN AMRO Ventures, and AlbionVC. This investment comes less than 18 months after Quantexa closed its $157 million Series D funding round in July 2021 and just weeks after its acquisition of Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI.

In what has been a difficult period for many tech companies, Quantexa continues to post impressive growth, having grown their ARR over 100% since closing their Series D round. In the same time period, Quantexa has seen robust growth in all regions, including a breakout performance in North America, with an increase in ARR of over 180%.

The success comes on the heels of Quantexa’s continued geographic expansion efforts which has seen the company grow from 500 to 650 employees over the past year and open new offices in New York City, the UAE, Amsterdam, and a new Technology and Analytics Hub in Malaga Tech Park, Spain, in November 2022. This new capital will ensure that Quantexa continues to grow its global presence and invest in its world-class engineering talent.

Quantexa also plans to use the funding to boost technology innovation efforts and strengthen its Decision Intelligence Platform capabilities in low-code data fusion, graph analytics, machine learning (ML), natural language processing (NLP) and artificial intelligence (AI). Additionally, Quantexa will increase focus on accelerating joint go-to-market efforts with its flagship partners which include Google, Moody’s, Accenture, KPMG, Deloitte, and EY.

Deployed in more than 70 countries, thousands of users across banking, insurance, telecoms industries, and within public sector, rely on Quantexa’s outcome-driven solutions to protect, optimize, and grow their organizations. Quantexa’s growing customer-base includes BNY Mellon, HSBC, Standard Chartered, Danske Bank, Vodafone, and The Public Sector Fraud Authority in the UK Cabinet Office.

Vishal Marria, CEO of Quantexa said, “After closing our Series D investment round, Quantexa has been on a transformational journey, accelerating the growth of our global software business and firmly establishing our leadership position in the emerging Decision Intelligence category. In a challenging market we have doubled our ARR, our user base, and continue to penetrate new markets and industries. This infusion of capital will fuel further innovation, diversification, and expansion, and opens exciting options for our future.

“It’s a real testament to our vision and trajectory to have such a significant contribution from our new investor, GIC and the majority of our Series D investors – in our latest round. We warmly welcome GIC and thank our existing investors for their continued confidence in our ability to generate growth and accelerate the path to profitability.”

*Total addressable market (TAM) estimate is based on Quantexa proprietary research with data from sources including IDC, Chartis, GreySpark (GS), Allied Market Research, and Inkwood Research.

About Quantexa

Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 600 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Toronto, Malaga, Brussels, Amsterdam, Luxemburg, Singapore, Melbourne, Sydney, and the UAE. For more information, please visit www.quantexa.com or follow us on LinkedIn.

About GIC

GIC is a leading global investment firm established in 1981 to secure Singapore’s financial future. As the manager of Singapore’s foreign reserves, GIC takes a long-term, disciplined approach to investing and is uniquely positioned across a wide range of asset classes and active strategies globally. These include equities, fixed income, real estate, private equity, venture capital and infrastructure. Its long-term approach, multi-asset capabilities and global connectivity enable it to be an investor of choice. GIC seeks to add meaningful value to its investments. Headquartered in Singapore, GIC has a global talent force of over 1,900 people in 11 key financial cities and has investments in over 40 countries. For more information, please visit www.gic.com.sg or follow on LinkedIn.

Media Enquiries 
C: Stephanie Crisp, Associate Director and Media Strategist, Fight or Flight
E: Quantexa@fightflight.co.uk

C: Adam Jaffe, SVP of Corporate Marketing
T: +1 609 502 6889
E: adamjaffe@quantexa.com
– or –
RapidResponse@quantexa.com

GlobeNewswire Distribution ID 1000802066

March 31, 2023

2023 Digital Therapeutics Alliance Inaugural Summit: DTx Industry Leaders Gather to Transform Global Healthcare

Held at the Washington D.C. Marriott at Metro Center June 7 – 9, 2023.The 3-day Summit programming will be facilitated by leaders from all facets of the DTx industry, including policymakers, manufacturers, payors, and other experts to guide innovation and equity in healthcare.

Arlington, VA, March 30, 2023 (GLOBE NEWSWIRE) — The Digital Therapeutics Alliance (DTA) is hosting its Inaugural Summit on June 7-9, 2023 at the Washington Marriott at Metro Center. Leaders from all facets of the digital therapeutics (DTx) ecosystem, including policymakers, clinicians, and payors, will join DTA members to discuss the challenges and opportunities of DTx integration into the healthcare system and identify optimized policy, reimbursement, and regulatory pathways to accelerate adoption.

The 3-day Summit programming will be facilitated by Andy Molnar, Chief Executive Officer of DTA, and feature keynote presentations, panel discussions, and interactive sessions that cover the advancement of DTx, the impact of healthcare policy, reimbursement and regulatory pathways, clinical evidence requirements, and patient access optimization.

DTA’s Chief Executive Officer, Andy Molnar states: “We are here to transform healthcare and deliver a new category of medicine to patients to improve their lives. The 2023 DTA Inaugural Summit brings together the leaders in healthcare innovation that are making these monumental changes. We are building viable frameworks with partners from Capitol Hill, the investment ecosystem, clinicians, health plans, patients, and caregivers.”

DTx products use evidence-based, clinically evaluated technologies to optimize clinical and health economic outcomes, deliver high quality therapies to underserved populations, and transform how patients understand, manage, and engage in their healthcare.

Leading into the Summit, US-focused DTA members and staff will convene in Washington D.C. to meet with congressional members and other influential parties to advocate for the Access to Prescription Digital Therapeutics Act (S. 723 and H.R. 1458).This bill seeks to create a new benefit category for digital therapeutics and ensure permanent coverage and reimbursement of DTx products by Medicare and Medicaid.

Everett Crosland, DTA board member and Chief Commercial Officer for Cognito Therapeutics, commented, “Given the rapidly evolving reimbursement environment, DTA’s 2023 Inaugural Summit offers the DTx industry an unprecedented opportunity to engage and advocate on the issues that matter most to our companies, patients, providers, and payor partners. I’m excited to speak about the emerging frameworks that are shaping our future.”

Event details and registration: 2023 DTA Inaugural Summit

About DTA:

The Digital Therapeutics Alliance (DTA) is a global non-profit trade association of industry leaders and stakeholders with the mission of broadening the understanding, adoption, and integration of digital therapeutics into healthcare. DTA works to enable expanded access to high quality, evidence-based digital therapeutics for patients, clinicians, and payors to improve clinical and health economic outcomes. To learn more, please visit: www.dtxalliance.org and follow us on LinkedIn.

Attachment

2023 Digital Therapeutics Alliance Inaugural Summit

Autumn Brennan
Digital Therapeutics Alliance
608-304-8000
abrennan@dtxalliance.org

GlobeNewswire Distribution ID 8799236