September 27, 2022 – Page 2 – Business Observer

September 27, 2022September 28, 2022

Pakistan strongly urges India to respect basic norms of inter-state relations

Pakistan has strongly urged India to respect basic norms of inter-state relations and refrain from commenting on the bilateral ties between the United States and Pakistan.

Responding to media questions about unwarranted remarks by the Indian Minister for External Affairs, Foreign Office Spokesperson Asim Iftikhar said Pakistan has longstanding and broad-based relationship with the United States, which has been vital in promoting peace, security and stability in the region.

He said in recent months Pakistan-U.S. relations have become robust and multidimensional, further deepening people-to-people and bilateral ties. Both countries are constructively engaged to maintain regional peace and security.

The Spokesperson said India also needs serious introspection of its diplomatic conduct.

Source: Radio Pakistan

September 27, 2022September 28, 2022

PM urges world to stand by Pakistan to overcome challenge posed by climate induced catastrophic flooding

Prime Minister Shehbaz Sharif has urged the world community to stand by Pakistan to overcome the challenge posed by climate induced catastrophic flooding.

He was talking to the media persons during his visit to a flood affected village of Dadu District today (Tuesday).

He expressed his gratitude to the countries extending help to Pakistan in this difficult hour. He, however, said they will have to be more forthcoming as Pakistan alone cannot handle this unprecedented situation on its own.

He said the devastating floods have inflicted a loss of thirty billion dollars to Pakistan.

Shehbaz Sharif said during his meetings in New York and while addressing the UN General Assembly, he forcefully raised the problems faced by Pakistan. He was confident that the international community is also cognizant of our problems.

Shehbaz Sharif also stressed for collective efforts to heal the wounds of flood victims. He said it is not time for politics or political point scoring rather diverting attention to the rescue, relief and rehabilitation of flood affected people.

Meanwhile, the Prime Minister visited a medical camp established at a tent city in Jakhro where he was briefed about the medical facilities being provided to the flood affectees.

Shehbaz Sharif also visited a temporary tent city school set up for the flood affected children where he met the students and announced to establish a smart school for providing better education to them.

Shehbaz Sharif was briefed that standing crops had been fully destroyed in Dadu.

He was briefed that 37 people had died due to flood and rain in the district.

Source: Radio Pakistan

September 27, 2022September 28, 2022

Sajid appeals to int’l community to help Pakistan compensate flood-affected workers

Minister for Overseas Pakistanis Sajid Hussain Turi has appealed to the international community and international organizations, including International Labor Organization to help Pakistan compensate the flood-affected workers.

Addressing media in Islamabad on Tuesday, he said due to this calamity, many of our workers and daily wagers are jobless and looking for government’s support.

The Minister said the flood has affected over 30 million people and also destroyed basic infrastructure, triggering the unemployment across the country.

He expressed hope that with effective planning and support of international community, we will come out of this difficult situation. He also reiterated government’s commitment not to leave workers alone at this difficult time.

Source: Radio Pakistan

September 27, 2022

The Globe and Mail Announces That LeddarTech Has Been Selected as One of Canada’s Top Growing Companies

QUEBEC CITY, Sept. 27, 2022 (GLOBE NEWSWIRE) — LeddarTech^®, a global leader in providing the most flexible, robust and accurate ADAS and AD sensing technology, is pleased to announce its recognition among Canada’s Top Growing Companies for 2022 by the Globe and Mail’s Report on Business, where LeddarTech ranked 280 out of 430 eligible companies.

The Canada’s Top Growing Companies list ranks Canadian companies on three-year revenue growth. LeddarTech thus continues to be recognized for its market-leading technology and business practices and, most recently, received two awards for its LeddarVision sensor fusion and perception software solution.

Canada’s Top Growing Companies is an editorial ranking launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program, companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.

“LeddarTech is very honored to be named by the Globe and Mail’s Report on Business as one of Canada’s Top Growing Companies,” stated Charles Boulanger, CEO of LeddarTech. “LeddarTech began in Canada in 2007 with a commitment to developing technology that improves people’s quality of life, increases public safety and encourages greater global environmental sustainability. In 2022 we celebrate our 15^th anniversary, and our commitments have not changed,” Mr. Boulanger continued. “On behalf of the management team, Board of Directors and our employees, I express our collective appreciation for this recognition. We remain motivated to continue our mission to become the most deployed sensor fusion and perception software solution that enables ADAS and AD applications.”

“Canada’s Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada,” says Dawn Calleja, Editor of Report on Business magazine. “The next generation of Canadian businesses can draw inspiration from this ranking.”

“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “The Globe and Mail congratulates them on their achievements.”

About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

About LeddarTech

Founded in 2007, LeddarTech is a comprehensive end-to-end environmental sensing company that enables customers to solve critical sensing, fusion and perception challenges across the entire value chain. LeddarTech provides cost-effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types and configurations. LeddarTech also supports LiDAR manufacturers and Tier 1-2 automotive suppliers with key technology building blocks such as LeddarSteer digital beam steering and the LeddarEngine, which comprises a highly integrated, scalable LiDAR SoC and software combination that enables the accelerated design of automotive-grade LiDAR solutions with optimized cost-to-performance ratios. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 140 patents granted or applied for, enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

September 27, 2022

PNAS Partners with Straive for Production Services

SINGAPORE, Sept. 27, 2022 /PRNewswire/ — The National Academy of Sciences has selected Straive, a leader in technology-driven solutions for Content, EdTech, and Data, to provide end-to-end content production services for its flagship publication, Proceedings of the National Academy of Sciences (PNAS).

(PRNewsfoto/Straive)

PNAS is one of the world’s most cited and comprehensive multidisciplinary scientific journals, publishing more than 3,500 research papers annually. The journal is an authoritative source of high-impact, original research that broadly spans the biological, physical, and social sciences.

The engagement involves the production of digital content, including copyediting, content structuring, author proofing, and production editing, using Straive’s Content Publishing Platform, ensuring full compliance with PNAS’s high editorial standards and publication requirements.

Regarding the announcement, Diane Sullenberger, PNAS Executive Editor, said, “The goal of PNAS is to disseminate the highest-quality scientific research, spanning diverse disciplines, as broadly as possible. By partnering with Straive, we have furthered our commitment to delivering scientific content of the highest caliber and enhancing its value.”

“We are pleased to partner with PNAS. Our approach involves providing PNAS with state-of-the-art production services that support its unique workflow requirements while ensuring efficiency, quality, and transparency. Our team is working very closely with PNAS leadership to ensure seamless integration of our platform and tools and an accurate adoption of PNAS procedures,” said Prabhakar Bisen, President and COO of Straive.

To know more about Straive’s content services, Click Here.

About PNAS
The Proceedings of the National Academy of Sciences (PNAS), a peer-reviewed journal of the National Academy of Sciences (NAS), is an authoritative source of high-impact, original research that broadly spans the biological, physical, and social sciences. The journal is global in scope, and submission is open to all researchers worldwide.

PNAS was established in 1914 in honor of the semicentennial anniversary of the National Academy of Sciences. Since then, the journal has worked to publish only the highest-quality scientific research and to make that research accessible to a broad audience. In addition, PNAS publishes science news, Commentaries, Perspectives, Special Features, podcasts, and profiles of NAS members.

About Straive (erstwhile SPi Global)
Straive is a market-leading content technology enterprise that provides data services, subject matter expertise (SME), and technology solutions to multiple domains, such as research content, e-Learning/EdTech, and data/information providers. With a client base scoping 30 countries worldwide, Straive’s multi-geographical resource pool is strategically located in seven countries: Philippines, India, USA, Nicaragua, Vietnam, United Kingdom, and the company headquarters in Singapore.

For media queries , contact Anoop Siddak Singh Tuli (anoop.tuli@straive.com)

Logo – https://mma.prnewswire.com/media/1678685/Straive_New_Logo.jpg

Logo – https://mma.prnewswire.com/media/1908240/PNAS_Logo.jpg

September 27, 2022

Luye Pharma Enters Local Seroquel® Distribution and Marketing Partnership with ICI Pakistan Limited

“We Care About Mental Health” awareness set to increase across APAC

Luye Pharma has granted ICI Pakistan Limited exclusive distribution and marketing rights for Seroquel^®in Pakistan.
As part of the “We Care About Mental Health” initiative, the two companies have pledged to make joint efforts to raise awareness regarding mental health issues.

SHANGHAI, Sept. 27, 2022 /PRNewswire/ — Luye Pharma Group, an international pharmaceutical company dedicated to the R&D, manufacturing and sale of innovative medications has entered a distribution and marketing partnership with ICI Pakistan Limited, a leading manufacturing and trading company based in Pakistan. According to the terms of the agreement, Luye Pharma grants ICI Pakistan Limited exclusive distribution and marketing rights for Seroquel^® (quetiapine fumarate immediate-release tablets) in Pakistan. Seroquel^® is used for the treatment of schizophrenia and bipolar disorder, and recommended by several authorized guidelines around the world.

The agreement was signed at an online ceremony, with both parties officially marking the start of the partnership and further pledging to make joint efforts to raise awareness of mental health issues as part of the “We Care About Mental Health” APAC initiative. The regional initiative aims to raise awareness of mental health issues, supporting patients, physicians and health systems in meeting patient needs.

Mental disorders such as bipolar disorder, schizophrenia, depression and anxiety have become major public health problems affecting global public health, especially in South Asia where high prevalence of common mental disorders have been reported. Data shows that between 150 and 200 million people in this region have a diagnosed psychiatric disorder. Among them, approximately 0.6% of the population in South Asia, including Pakistan, suffers from bipolar disorder[i], while the prevalence of schizophrenia in Pakistan is around 1.5%[ii]. Despite the significant burden of illness, the lack of community awareness around mental health and the prevailing stigma further limit the number of patients that actively seek healthcare.

In order to raise public awareness of mental health issues, Luye Pharma and partners jointly launched the “We Care About Mental Health” initiative in the Asia Pacific region in June 2020. As of today, a total of 58 educational activities have been held across 15 countries and regions. The annual Asia Pacific Psychiatry Symposium organized by Luye Pharma for Healthcare Professionals successfully took place in June this year. More than 600 physicians from 9 different Asia Pacific countries and regions participated, speaking about schizophrenia and bipolar disorder disease management. As an iteration of the initiative in Pakistan, Luye Pharma and ICI Pakistan Limited will organize a series of online and offline lectures to raise awareness of mental health issues, hosted by psychiatrists.

“Mental health is a serious global public health challenge that requires a sustained and united response from us all. The ‘We Care About Mental Health’ regional initiative aims to raise awareness, provide insights on the available treatment options and emphasize the importance of early diagnosis and treatment of mental health problems,” said Andy Siow, APAC Regional Director of Luye Pharma (International). “The partnership with ICI Pakistan Limited represents our first major step towards serving more patients in South Asia. As we deepen our market coverage across the region, we look forward to providing more high-quality, evidence-based innovative drugs to the market, working with local partners to raise mental health awareness, and bringing better care to patients in need.”

“The partnership with Luye Pharma is in line with ICI Pakistan Limited’s mission of Improving Lives. There is a dire need to increase awareness and address mental health issues in Pakistan, and we are pleased to be working with a global partner like Luye Pharma to bring high-quality innovative medicines to the local market in Pakistan.” said Ali Masood, General Manager of ICI Pakistan Limited’s Pharmaceuticals business. “We are delighted to begin this partnership as part of the ‘We Care About Mental Health’ initiative, and to work together with Luye Pharma in improving access to medication and contributing to better mental health care in Pakistan.”

About Luye Pharma Group

Luye Pharma Group is an international pharmaceutical company dedicated to the R&D, manufacturing and sale of innovative medications. The company has established R&D centers in China, the U.S. and Europe, with a robust pipeline of over 30 drug candidates in China and more than 10 drug candidates in other international markets. Along with a number of new drugs and new formulations in the central nervous system and oncology therapeutic areas under study in the U.S., Europe and Japan, Luye Pharma maintains high-level international standards in novel drug delivery technologies including microspheres, liposomes, and transdermal drug delivery systems. The company has achieved multiple innovations in new chemical entities and antibodies, and is also actively making strategic developments in the fields of cell therapies and gene therapies.

Luye Pharma is developing a global supply chain of 8 manufacturing sites with over 30 production lines in total, establishing GMP quality management and international standard control systems. With more than 30 products covering the central nervous system, oncology, cardiovascular, metabolism and other therapeutic areas, business is conducted in over 80 countries and regions around the world, including the largest pharmaceutical markets – China, the U.S., Europe and Japan, as well as in fast growing emerging markets. For more information, please visit: www.luye.cn/lvye_en

About ICI Pakistan Limited

ICI Pakistan Limited is a leading Pakistan-based manufacturing and trading company consisting of five diverse businesses: Polyester, Soda Ash, Chemicals & Agri Sciences, Pharmaceuticals and Animal Health. Through these businesses, the Company manufactures and trades in a wide range of products including: polyester staple fibre (PSF), soda ash, general and specialty chemicals, pharmaceuticals, nutraceuticals, animal health products and agricultural products (including chemicals, field crop seeds, vegetable seeds and more). In the nutrition segment, NutriCo Morinaga (Private) Limited, a subsidiary of the Company imports, locally manufactures, markets, and distributes select Morinaga Milk Industry Co. Ltd, Japan products in Pakistan.

ICI Pakistan Limited is part of the Yunus Brothers Group (YBG), one of the fastest-growing and most progressive Pakistani conglomerates with a wide portfolio of businesses including, but not limited to: cement, textiles, power generation and commodity trading. For more information, please visit: www.ici.com.pk

[i] Sadiq Naveed, etc. Prevalence of Common Mental Disorders in South Asia: A Systematic Review and Meta-Regression Analysis. Front Psychiatry. 2020; 11: 573150. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7492672/

[i]i Rukhsana Nawaz, etc. Overview of schizophrenia research and treatment in Pakistan. Heliyon. 2020 Nov; 6(11): e05545. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7695967/