Q BioMed Announces Strontium89 will be available as of September 2020 through Named Patient Program for Bone Metastases Pain Palliation in EU and Rest of World

NEW YORK, Aug. 11, 2020 /PRNewswire/ — Q BioMed Inc. (OTCQB: QBIO), a commercial stage biotech company, announced today it is launching a Named Patient Program for its non-opioid bone metastases pain palliation drug, Strontium89 (Strontium Chloride Sr-89 Injection, USP). The Named Patient Program will be available to physicians…

NEW YORK, Aug. 11, 2020 /PRNewswire/ — Q BioMed Inc. (OTCQB: QBIO), a commercial stage biotech company, announced today it is launching a Named Patient Program for its non-opioid bone metastases pain palliation drug, Strontium89 (Strontium Chloride Sr-89 Injection, USP). The Named Patient Program will be available to physicians and patients in the EU and throughout the world, and will be facilitated by Caligor Coghlan Pharma Services (CCPS).

Strontium89 is an FDA-approved, non-opioid radiopharmaceutical indicated for the treatment of painful skeletal metastases caused by cancer, and is agnostic of the primary tumor. Common primary tumors that metastasize to the bone include prostate, breast, lung, as well as others. In several multicenter, placebo-controlled trials in cancer patients with pain from bone metastases, pain relief occurred in more patients treated with a single injection of Strontium89 than in patients treated with an injection of placebo. Strontium89 is administered intravenously once every three months and for some patients can reduce or even eliminate the need for opioid analgesics; pain relief lasts from 2 – 5 months in most patients.

Use of Strontium89 in patients with evidence of seriously compromised bone marrow from previous therapy or disease infiltration is not recommended unless the potential benefit of the treatment outweighs its risks. Bone marrow toxicity is to be expected, particularly in white blood cells and platelets. The extent of toxicity is variable but effects are generally transient. In randomized studies of Strontium89, the majority of hematologic toxicity was mild to moderate (Grade 2 or less) and white blood cell and platelet counts remained within approximately 70% of pretreatment levels. For more information including Important Safety Information please visit the Strontium89 page on Qbiomed.com.

Over ten million people around the world suffer from pain associated with metastatic cancer in the bone and may benefit from Strontium89. For nearly two years, there has been little to no access to this vital therapy, after manufacturing ceased in December of 2018. Q BioMed is pleased that the Named Patient Program will ensure immediate global patient access to an important therapy for this patient population. In the meantime, Q BioMed is actively pursuing full regulatory and marketing approval for Strontium89 in all major markets worldwide.

Denis Corin, CEO of Q BioMed, said of the program, «We are very happy that Strontium89 is once again available worldwide, and that physicians have the ability to prescribe a safe, effective and non-opioid treatment to their bone metastasis pain patients regardless of their primary tumor type and notably beyond prostate cancer. We are actively working to ensure that Strontium89 is accessible to patients everywhere and to extend its relevance and use thorough additional clinical study.»

Any queries about the program and availability can be directed to info@qbiomed.com and at https://qbiomed.com/pipeline/sr89.

About Q BioMed Inc.

Q BioMed Inc is a biotech acceleration and commercial stage company. Q BioMed is focused on licensing and acquiring undervalued biomedical assets in the healthcare sector. Q BioMed is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital needed to ensure they meet their developmental potential, enabling them to provide products to patients in need‏.

Please visit http://www.QBioMed.com and sign up for regular updates.

Media Contact Q BioMed:
Denis Corin
CEO

Investor Relations
+1(404) 995-6671
ir@qbiomed.com

About CCPS 

Caligor Coghlan Pharma Services is a global company focused on changing the healthcare paradigm by supporting medical device and pharmaceutical companies from concept to commercialisation. Providing bespoke development consulting, regulatory and strategic services, packaging and labelling for clinical trial and initial commercial launch, early access and compassionate use programs, and medication/product management, storage, and logistics for hospitals, pharmacies and global healthcare systems. Ensuring patients have access to life enhancing treatments worldwide.

Forward-Looking Statements:

This press release may contain «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.

Please visit http://www.QBioMed.com and sign up for regular updates.

 

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SOURCE Q BioMed Inc.

SCAN Health Plan Leverages AI Based Predictive Models to Improve Identification of High Risk Members

LONG BEACH, Calif., Aug. 11, 2020 /PRNewswire/ — SCAN Health Plan®, one of the nation’s largest not-for-profit Medicare Advantage health plans, today announced the first phase launch of artificial intelligence (AI) based predictive models designed to improve health outcomes and inform benefit and service…

LONG BEACH, Calif., Aug. 11, 2020 /PRNewswire/ — SCAN Health Plan®, one of the nation’s largest not-for-profit Medicare Advantage health plans, today announced the first phase launch of artificial intelligence (AI) based predictive models designed to improve health outcomes and inform benefit and service design. This implementation will improve SCAN’s ability to identify high-needs members and provide tailored interventions to help avoid or reduce hospitalizations.

«At SCAN our goal is to support our members at every stage of their journey and utilizing advanced technology, such as AI, enables us to do so on a much more proactive basis,» said Josh Goode, SCAN chief information officer. «As our members’ needs evolve, the KenSci platform allows us to better interpret the needs behind the data so that we can respond with programs and services to help keep them healthy and independent.»

As a part of the first phase implementation, SCAN and KenSci, a system of intelligence for healthcare, have launched explainable AI models for healthcare, enabling SCAN to identify members at risk of Hospitalization for Potentially Preventable Complications* (HPC) as well as those eligible for Nursing Facility Level of Care (NFLOC). The platform provides SCAN with insights, proactively identifying members potentially at risk for specific disease states allowing for early interventions. In addition, SCAN is using machine learning (ML) techniques that are routine across consumer applications but new to healthcare in helping identify gaps in care to improve the management of chronic conditions.

«The volume and veracity of data opens up immense possibilities for healthcare organizations to transform the way they support their plan members,» said Samir Manjure, co-founder & CEO, KenSci. «We are excited to work with SCAN and appreciate their expertise in developing these tools to meet the needs of seniors. Together, there is tremendous opportunity to impact the health of older adults.»

«Data is a critical asset in modern healthcare and harnessing it appropriately provides invaluable insight,» said Moon Leung, SCAN senior vice president and chief informatics officer. «By leveraging KenSci’s AI expertise, we believe we can utilize our data to improve health outcomes and quality of life for many of our members.»

*HPC measure is based on National Committee for Quality Assurance (NCQA) HEDIS® technical specifications. For more details, please visit ncqa.org

About SCAN Health Plan
SCAN Health Plan is one of the nation’s largest not-for-profit Medicare Advantage plans, serving more than 220,000 members in California. Since its founding in 1977, SCAN has been a mission-driven organization dedicated to keeping seniors healthy and independent. Independence at Home, a SCAN community service, provides vitally needed services and support to seniors and their caregivers. SCAN also offers education programs, community funding, volunteer opportunities and other community services throughout our California service area. To learn more, visit scanhealthplan.com or facebook.com/scanhealthplan or follow us on Twitter @scanhealthplan.

About KenSci
KenSci’s machine learning powered risk prediction platform helps healthcare providers and payers intervene early by identifying clinical, financial and operational risk to save costs and lives. KenSci’s platform is engineered to ingest, transform and integrate healthcare data across clinical, claims, and patient generated sources. With a library of pre-built models and modular solutions, KenSci’s machine learning platform to integrates into existing workflows allowing health systems to better identify utilization, variation and improve hospital operations. With Explainable AI models for healthcare, KenSci is making risk-based prediction more efficient and accountable.

KenSci was incubated at University of Washington’s Center for Data Science at UW Tacoma and designed on the cloud with help from Microsoft’s Azure4Research grant program. KenSci is headquartered in Seattle, with offices in Singapore and Hyderabad. For more information, visit www.kensci.com.

 

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SOURCE SCAN Health Plan

MagVenture receives FDA clearance for OCD

ALPHARETTA, GA, Aug. 11, 2020 /PRNewswire/ — FDA has cleared MagVenture TMS Therapy® for adjunct treatment of Obsessive-Compulsive Disorder (OCD). This marks the second indication in the US for the Danish medical device company MagVenture who is already FDA cleared for the treatment of major depressive disorder.

OCD is a mental health disorder characterized by unreasonable thoughts and fears (obsessions) which lead to repetitive behavior…

ALPHARETTA, GA, Aug. 11, 2020 /PRNewswire/ — FDA has cleared MagVenture TMS Therapy® for adjunct treatment of Obsessive-Compulsive Disorder (OCD). This marks the second indication in the US for the Danish medical device company MagVenture who is already FDA cleared for the treatment of major depressive disorder.

OCD is a mental health disorder characterized by unreasonable thoughts and fears (obsessions) which lead to repetitive behavior (compulsions). OCD can severely affect one’s daily life and routines and cause distress or even functional impairment. Although pharmaceutical and psychological interventions are available, some OCD patients experience limited results from these and need more therapeutic options.

Transcranial Magnetic Stimulation (TMS) uses magnetic pulses to stimulate a specific area in the brain in order to improve the OCD symptoms. TMS is a well-established, FDA cleared option for people suffering from treatment-resistant Major Depressive Disorder and available throughout the US at numerous psychiatric practices and hospitals. MagVenture TMS Therapy® was FDA cleared for depression in 2015 and the first company to receive FDA clearance for the 3-minute Express TMS® – the shortest TMS treatment currently available. 

MagVenture TMS Therapy is an adjunct treatment to existing OCD therapies which may involve pharmaceutical and behavioral therapy. It is an out-patient procedure with no systemic side effects. The treatment specifically targets the networks in the brain which are known to be particularly affected by OCD, including the deeper-lying structures.

«We have worked closely with brain researchers for well over 25 years, providing numerous TMS solutions to help advance the field of neuroscience – both basic and applied. Expanding the treatment options to include other indications than major depressive disorder, such as OCD, is one more important step towards helping more adult patients improve their mental health,» says VP of Sales, MagVenture Inc, Kerry Rome.   

MagVenture TMS Therapy® FDA clearances: «As an adjunct for the treatment of adult patients suffering from Obsessive-Compulsive Disorder (OCD)» and «Treatment of Major Depressive Disorder in adult patients who have failed to receive satisfactory improvement from prior antidepressant medication in the current episode.» 

MagVenture is a Danish medical device company specializing in non-invasive magnetic stimulation systems for the treatment of major depressive disorder and brain research. In 2018, MagVenture was the first TMS company to receive FDA clearance for Express TMS®, reducing treatment time from the standard 37 minutes to just 3 minutes per session.

Kerry Rome, Vice President Sales, MagVenture Inc., USA: +1-310-213-2697

 

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SOURCE MagVenture

Constellation HomeBuilder Systems Rolls Out New COVID-19 Screening Tool

TORONTO, Aug. 11, 2020 /PRNewswire/ — Employees are one of a company’s greatest assets. Providing them peace of mind and protecting their health and safety has always been our first priority. With these beliefs in mind, Constellation HomeBuilder Systems is proud to announce the launch of our new <a target="_blank"…

TORONTO, Aug. 11, 2020 /PRNewswire/ — Employees are one of a company’s greatest assets. Providing them peace of mind and protecting their health and safety has always been our first priority. With these beliefs in mind, Constellation HomeBuilder Systems is proud to announce the launch of our new COVID-19 Screening Tool. As more states mandate health pre-screenings, there’s no better time to mitigate the risk to our clients’ operations.

As the largest provider of home building software solutions and services, Constellation HomeBuilder Systems is ideally placed to offer this unique solution that supports business operations, while minimizing risk for your staff and stakeholders.

Our COVID-19 Screening Tool has been developed specifically for the home building industry, and allows managers and HR teams to quickly and easily execute digital health assessments that are both secure and confidential.

Through the tool, assessment questionnaires are sent to anyone who plans to enter your workplace each day. This assessment includes specific questions suggested by health experts, or businesses can implement their own. This helps to ensure compliance with governmental as well as industry regulations.

Robust and customizable reporting features offer regular updates, so management has all the information they’ll need to make informed decisions, protect their business’s ongoing work, and minimize risk for their team.

Inside the tool, guidelines on COVID-19 safety protocols, self-isolation after exposure, and testing make it easy for your team to find accurate and up-to-date health information at any time of the day or night.

«Our primary goal is for our solutions to serve our clients, and help them recover from the devastating impacts of COVID-19,» says Christian Caswell, Director and Founder of CustomerInsight at Constellation HomeBuilder Systems. «Our new COVID-19 Screening Tool is a practical way for us to help our partners by offering a simple solution for new provincially-mandated health screening requirements.»

Since rolling out the COVID-19 Screening Tool from CustomerInsight, Constellation HomeBuilder Systems has continually invested in ongoing customer support and updates that ensure this tool can be integrated into any business’s existing systems. Click here to find more information on using the COVID-19 Screening Tool for your business.  

About Constellation HomeBuilder Systems
Constellation HomeBuilder Systems is the largest provider of software and services in the building industry. Their innovative software solutions, available as standalone or integrated systems, empower builders with information to drive business objectives and simplify the process of building homes and condos. Constellation HomeBuilder Systems is the home building software division of Constellation Software Inc. an international provider of market-leading software and services for specialized industries, which is traded publicly on the Toronto Stock Exchange.

For more information, please contact:

Elmira Abushayeva
Director of Marketing, Constellation HomeBuilder Systems
888-723-2222
eabushayeva@constellationhb.com

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SOURCE Constellation HomeBuilder Systems

True American Hero Mark «OZ» Geist Lauds Goya Workers For Their Courage

BROOKSHIRE, Texas, Aug. 11, 2020 /PRNewswire-HISPANIC PR WIRE/ — During a Goya Gives, «Working for our Country» event at Goya’s Brookshire, Texas manufacturing and distribution facility, former United States Marine Mark «OZ» Geist joined local business leaders in presenting the company with a cash donation to go towards stocking food pantries in Central, Texas.

<div id="prni_dvprnejpgee30left" style="WIDTH: 100%; TEXT-ALIGN: left"…

BROOKSHIRE, Texas, Aug. 11, 2020 /PRNewswire-HISPANIC PR WIRE/ — During a Goya Gives, «Working for our Country» event at Goya’s Brookshire, Texas manufacturing and distribution facility, former United States Marine Mark «OZ» Geist joined local business leaders in presenting the company with a cash donation to go towards stocking food pantries in Central, Texas.

Left to Right at Goya Foods Texas Facility: Evelio Fernandez, Vice President of Goya Foods Texas; Barry Smith, Bulls Eye Ranch; Mike Brannon, Brannon Industrial Group; Bob Unanue, President of Goya Foods;Â Stan Suggs, PW Farm Texas Products; Derrick Smith, Bulls Eye Ranch; Luz D. Rosario, General Manager of Goya Foods Texas; and Robert Unanue.

«I recognize and applaud the Goya families’ courage and sacrifice in not surrendering to fear in the face of the invisible enemy by continuing to work and ensure not only their own prosperity but that of our nation,» said American Hero Mark Geist.

Goya Gives, with overwhelming support from consumers, business leaders, community and faith-based organizations, has been able to extend its arms far beyond what was initially thought possible. «I am truly pleased to support a company who has worked through this pandemic at a time when economic activity and education around the globe has come to an abrupt halt. We are proud to join others in providing much needed food and nourishment to those in need,» said Mike Brannon, CEO of Brannon Industrial Group, who led the group presenting the donation.

«I thank Goya and its employees for keeping our critical food supply stocked and plentiful. I am humbled to play a part by supporting Goya Gives,» said Rick Figueroa, Business and Community Leader.

«We are grateful and humbled by the outpouring of support for our Goya family from our consumers and friends alike. We are proud of our courageous workforce who heroically proclaimed, ‘If we don’t step up, who will?’ Most importantly it is humbling for these courageous Goya family members to be recognized by a true American hero,» said Bob Unanue, President and CEO of Goya Foods. 

Through Goya Gives, a global program committed to promoting the overall well-being of communities through social responsibility, environmental initiatives, and company values, Goya supports each year nearly 300 charitable endeavors, scholarships, and events. In times of desperate need, Goya has always been at the forefront of disaster and humanitarian relief efforts, providing millions of pounds of food worldwide. At the start of the pandemic, the company donated an additional 500,000 pounds of food and 20,000 protective masks to health care providers. During Hurricane Maria Goya donated over 1 million pounds of food to the people of Puerto Rico, in addition to the starving people of Venezuela during governmental unrest, to the people of Haiti during the earthquake, and at home during Superstorm Sandy, and Hurricanes Isaac, Harvey, and Irene. Since 1936, giving back is the heart of Goya and has always been a part of the company’s DNA.  

To learn more about Goya Gives, please visit: www.goya.com

About Goya Foods

Founded in 1936, Goya Foods, Inc. is America’s largest Hispanic-owned food company, and has established itself as the leader in Latin American food and condiments. Goya manufactures, packages, and distributes over 2,500 high-quality food products from Spain, the Caribbean, Mexico, Central, and South America. Goya products have their roots in the culinary traditions of Hispanic communities around the world. The combination of authentic ingredients, robust seasonings, and convenient preparation makes Goya products ideal for every taste and every table. For more information on Goya Foods, please visit www.goya.com

Press Contact:
Natalie J. Maniscalco
845.659.6506
natalie@retromedianyc.com

Photo – https://mma.prnewswire.com/media/1226626/Goya_Foods_Texas_Facility.jpg
Logo – https://mma.prnewswire.com/media/1153368/GOYA_Logo.jpg  

SOURCE Goya Foods, Inc.

True American Hero Mark «OZ» Geist Lauds Goya Workers For Their Courage

BROOKSHIRE, Texas, Aug. 11, 2020 /PRNewswire/ — During a Goya Gives, «Working for our Country» event at Goya’s Brookshire, Texas manufacturing and distribution facility, former United States Marine Mark «OZ» Geist joined local business leaders in presenting the company with a cash donation to go towards stocking food pantries in Central, Texas.

BROOKSHIRE, Texas, Aug. 11, 2020 /PRNewswire/ — During a Goya Gives, «Working for our Country» event at Goya’s Brookshire, Texas manufacturing and distribution facility, former United States Marine Mark «OZ» Geist joined local business leaders in presenting the company with a cash donation to go towards stocking food pantries in Central, Texas.

«I recognize and applaud the Goya families’ courage and sacrifice in not surrendering to fear in the face of the invisible enemy by continuing to work and ensure not only their own prosperity but that of our nation,» said American Hero Mark Geist.

Goya Gives, with overwhelming support from consumers, business leaders, community and faith-based organizations, has been able to extend its arms far beyond what was initially thought possible. «I am truly pleased to support a company who has worked through this pandemic at a time when economic activity and education around the globe has come to an abrupt halt. We are proud to join others in providing much needed food and nourishment to those in need,» said Mike Brannon, CEO of Brannon Industrial Group, who led the group presenting the donation.

«I thank Goya and its employees for keeping our critical food supply stocked and plentiful. I am humbled to play a part by supporting Goya Gives,» said Rick Figueroa, Business and Community Leader.

«We are grateful and humbled by the outpouring of support for our Goya family from our consumers and friends alike. We are proud of our courageous workforce who heroically proclaimed, ‘If we don’t step up, who will?’ Most importantly it is humbling for these courageous Goya family members to be recognized by a true American hero,» said Bob Unanue, President and CEO of Goya Foods. 

Through Goya Gives, a global program committed to promoting the overall well-being of communities through social responsibility, environmental initiatives, and company values, Goya supports each year nearly 300 charitable endeavors, scholarships, and events. In times of desperate need, Goya has always been at the forefront of disaster and humanitarian relief efforts, providing millions of pounds of food worldwide. At the start of the pandemic, the company donated an additional 500,000 pounds of food and 20,000 protective masks to health care providers. During Hurricane Maria Goya donated over 1 million pounds of food to the people of Puerto Rico, in addition to the starving people of Venezuela during governmental unrest, to the people of Haiti during the earthquake, and at home during Superstorm Sandy, and Hurricanes Isaac, Harvey, and Irene. Since 1936, giving back is the heart of Goya and has always been a part of the company’s DNA.  

To learn more about Goya Gives, please visit: www.goya.com

About Goya Foods

Founded in 1936, Goya Foods, Inc. is America’s largest Hispanic-owned food company, and has established itself as the leader in Latin American food and condiments. Goya manufactures, packages, and distributes over 2,500 high-quality food products from Spain, the Caribbean, Mexico, Central, and South America. Goya products have their roots in the culinary traditions of Hispanic communities around the world. The combination of authentic ingredients, robust seasonings, and convenient preparation makes Goya products ideal for every taste and every table. For more information on Goya Foods, please visit www.goya.com

Press Contact:
Natalie J. Maniscalco
845.659.6506
natalie@retromedianyc.com

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SOURCE Goya Foods, Inc.

True American Hero Mark «OZ» Geist Lauds Goya Workers For Their Courage

BROOKSHIRE, Texas, Aug. 11, 2020 /PRNewswire-HISPANIC PR WIRE/ — During a Goya Gives, «Working for our Country» event at Goya’s Brookshire, Texas manufacturing and distribution facility, former United States Marine Mark «OZ» Geist joined local business leaders in presenting the company with a cash donation to go towards stocking food pantries in Central, Texas.

<div id="prni_dvprnejpgee30left" style="WIDTH: 100%; TEXT-ALIGN: left"…

BROOKSHIRE, Texas, Aug. 11, 2020 /PRNewswire-HISPANIC PR WIRE/ — During a Goya Gives, «Working for our Country» event at Goya’s Brookshire, Texas manufacturing and distribution facility, former United States Marine Mark «OZ» Geist joined local business leaders in presenting the company with a cash donation to go towards stocking food pantries in Central, Texas.

Left to Right at Goya Foods Texas Facility: Evelio Fernandez, Vice President of Goya Foods Texas; Barry Smith, Bulls Eye Ranch; Mike Brannon, Brannon Industrial Group; Bob Unanue, President of Goya Foods;Â Stan Suggs, PW Farm Texas Products; Derrick Smith, Bulls Eye Ranch; Luz D. Rosario, General Manager of Goya Foods Texas; and Robert Unanue.

«I recognize and applaud the Goya families’ courage and sacrifice in not surrendering to fear in the face of the invisible enemy by continuing to work and ensure not only their own prosperity but that of our nation,» said American Hero Mark Geist.

Goya Gives, with overwhelming support from consumers, business leaders, community and faith-based organizations, has been able to extend its arms far beyond what was initially thought possible. «I am truly pleased to support a company who has worked through this pandemic at a time when economic activity and education around the globe has come to an abrupt halt. We are proud to join others in providing much needed food and nourishment to those in need,» said Mike Brannon, CEO of Brannon Industrial Group, who led the group presenting the donation.

«I thank Goya and its employees for keeping our critical food supply stocked and plentiful. I am humbled to play a part by supporting Goya Gives,» said Rick Figueroa, Business and Community Leader.

«We are grateful and humbled by the outpouring of support for our Goya family from our consumers and friends alike. We are proud of our courageous workforce who heroically proclaimed, ‘If we don’t step up, who will?’ Most importantly it is humbling for these courageous Goya family members to be recognized by a true American hero,» said Bob Unanue, President and CEO of Goya Foods. 

Through Goya Gives, a global program committed to promoting the overall well-being of communities through social responsibility, environmental initiatives, and company values, Goya supports each year nearly 300 charitable endeavors, scholarships, and events. In times of desperate need, Goya has always been at the forefront of disaster and humanitarian relief efforts, providing millions of pounds of food worldwide. At the start of the pandemic, the company donated an additional 500,000 pounds of food and 20,000 protective masks to health care providers. During Hurricane Maria Goya donated over 1 million pounds of food to the people of Puerto Rico, in addition to the starving people of Venezuela during governmental unrest, to the people of Haiti during the earthquake, and at home during Superstorm Sandy, and Hurricanes Isaac, Harvey, and Irene. Since 1936, giving back is the heart of Goya and has always been a part of the company’s DNA.  

To learn more about Goya Gives, please visit: www.goya.com

About Goya Foods

Founded in 1936, Goya Foods, Inc. is America’s largest Hispanic-owned food company, and has established itself as the leader in Latin American food and condiments. Goya manufactures, packages, and distributes over 2,500 high-quality food products from Spain, the Caribbean, Mexico, Central, and South America. Goya products have their roots in the culinary traditions of Hispanic communities around the world. The combination of authentic ingredients, robust seasonings, and convenient preparation makes Goya products ideal for every taste and every table. For more information on Goya Foods, please visit www.goya.com

Press Contact:
Natalie J. Maniscalco
845.659.6506
natalie@retromedianyc.com

Photo – https://mma.prnewswire.com/media/1226626/Goya_Foods_Texas_Facility.jpg
Logo – https://mma.prnewswire.com/media/1153368/GOYA_Logo.jpg  

SOURCE Goya Foods, Inc.

Oracle Inventory Optimization Enables Retailers to Navigate Uncharted Demand

REDWOOD SHORES, Calif., Aug. 11, 2020 /PRNewswire/ — The global health crisis has created an inventory emergency for many retailers. Today’s unpredictable and volatile customer buying habits are limiting the effectiveness of using historical data to predict purchasing behavior and plan product inventory accordingly. Powered by machine learning, the new Oracle Retail Inventory Optimization Cloud Service can sit between a retailer’s forecasting and supply chain systems to help highlight the next best actions they can take to optimize…

REDWOOD SHORES, Calif., Aug. 11, 2020 /PRNewswire/ — The global health crisis has created an inventory emergency for many retailers. Today’s unpredictable and volatile customer buying habits are limiting the effectiveness of using historical data to predict purchasing behavior and plan product inventory accordingly. Powered by machine learning, the new Oracle Retail Inventory Optimization Cloud Service can sit between a retailer’s forecasting and supply chain systems to help highlight the next best actions they can take to optimize inventory. This helps retailers get to answers on inventory placement and volume faster so they can better serve customers while maintaining a healthy cash position.

«Retailers are struggling to adjust decades of well-defined inventory and traditional supply chain management processes that have been thrown a curveball by COVID-19,» said Jeff Warren, Oracle Retail vice president of strategy and solution management. «With the ability to be deployed in just weeks, Oracle Retail Inventory Optimization Cloud Service does the heavy lifting and modeling to rebalance and optimize inventory so retailers can invest in the right products and automatically adapt to new consumer patterns as they occur.» 

In today’s climate, the ability to respond to changing customer demands as quickly as possible is critical. Oracle Retail Inventory Optimization Cloud Service comes with pre-built machine learning models that more accurately predict overall inventory levels; recommend inventory re-distribution; balance supply and demand to free up money tied up in excess inventory; and more.

The cloud service easily integrates with existing forecasting and supply chain solutions and can be deployed quickly to reduce the burden on a retailer’s IT and development teams.

Making Inventory Work

Consumer habits in recent months have been anything but typical as shortages spurred the need for people to try new brands or stores, and the desire to go out less has led to fewer shopping trips, but often larger overall grocery purchases. As a result, inventory moves out of the stores faster, creating a strain on both the supply chain and its financial model, leading to a gross margin problem.

For example, an average grocery retailer, with 30,000 SKUs and at least 1,000 stores, will have millions of SKU-store combinations. Determining the optimal replenishment plan when things are changing so rapidly is almost impossible without the help of purpose-built, machine learning models.

With Oracle Retail Inventory Optimization Cloud Service retailers can simulate and forecast optimal inventory positions and parameters to eliminate trial-and-error. As a result, supply chain executives and chief financial officers can come together to navigate tricky terrain, manage cash flow, and determine the impact of inventory on the balance sheet. The autonomous solution self-learns and automatically tunes to optimize working capital and deliver fast value by:

  • Performing continuous optimization of replenishment parameters;
  • Informing replenishment strategies with service-to-inventory trade-offs;
  • Translating objectives into machine learning-driven replenishment policies down to the item-location;
  • Recommending inventory re-distribution to serve customers and avoid markdowns;
  • Enriching the inventory movement processes with time-phased inventory projections;  
  • Helping increase employee productivity to maximize a constrained workforce; and  
  • Interacting with Oracle Retail Offer Optimization to drive better outcomes through simultaneous manipulation of supply and demand. 

The cloud service is generally available today. To learn more or request a demo, visit: https://www.oracle.com/industries/retail/products/supply-chain/inventory-optimization

About Oracle Retail

Oracle is the modern platform for retail. Oracle provides retailers with a complete, open, and integrated platform for best-of-breed business applications, cloud services, and hardware that are engineered to work together. Leading fashion, grocery, and specialty retailers use Oracle solutions to accelerate from best practice to next practice, drive operational agility, and refine the customer experience. For more information, visit our website, www.oracle.com/retail.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Oracle Cloud Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

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SOURCE Oracle

Innovative Egg Assessment Tool From Canadian Med-Tech Startup Future Fertility Has Been Adopted For Patient Use by Trio Fertility

In the high-growth market of social egg freezing, there is no comparable tool to Violet™a revolutionary technology that offers scientific insights into the quality of the female egg

TORONTO, Aug. 11, 2020 /PRNewswire/ – Canadian startup company <a target="_blank"…

In the high-growth market of social egg freezing, there is no comparable tool to Violet™a revolutionary technology that offers scientific insights into the quality of the female egg

TORONTO, Aug. 11, 2020 /PRNewswire/ – Canadian startup company Future Fertility has commercially launched a product that is providing a new solution in the field of Assisted Reproductive Technology (ART). Their newly marketed product Violet™ is a cloud-based software that assesses the probability of an oocyte (human egg) to successfully fertilize and reach a blastocyst embryo stage. Violet™, an AI-based image technology that has been optimized through scientific collaborations with several In-Vitro Fertilization (IVF) clinics around the world, analyzes 2-D images of a patient’s eggs in real-time. Until now, there has been no accepted method to visually grade an egg or predict its reproductive potential.

Toronto-based TRIO Fertility is the first IVF clinic in Canada to implement Future Fertility’s Violet™ technology. For the first time, women who have opted for social egg freezing will have a tangible report that not only includes images of each egg, but also predicts the likelihood of it becoming a blastocyst embryo. Violet™ has been shown to be superior in accuracy to trained senior embryologists by more than 20%. It predicts egg fertilization at about 90% accuracy and the likelihood of an embryo developing at 63% accuracy in a non-invasive, instantaneous, and reproducible manner (ESHRE, 2020).

«Several years ago, we published a paper showing how difficult it was to assess oocyte quality morphologically. I have seen the Violet™ data and I am convinced that this new AI technology is now able to predict fertilization and blastocyst formation from oocyte images,» says Dr. Robert F. Casper, Scientific Director and Founding Partner at TRIO Fertility. «I believe that Violet™ will change the egg freezing paradigm for our patients at TRIO.»

Women who have opted for social egg freezing, a process of cryopreservation that enables them to postpone their family planning to a later time, will now be able to have new insight and transparency about the quality of their frozen eggs.

Learn more about the dynamic Future Fertility team, or find out how your IVF clinic can benefit from this technology by visiting futurefertility.com.

Follow Future Fertility on Facebook, Instagram, and Twitter.

Future Fertility is a Canadian med-tech company that develops AI-based solutions in the area of Assisted Reproductive Technology (ART). They currently offer a non-invasive image analysis tool called Violet™, which visually assesses the probability of a female egg (oocyte) to successfully fertilize and reach a blastocyst stage embryo. For more information, contact the Future Fertility team via futurefertility.com.

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SOURCE Future Fertility

«Squads After School» Boosts Tech Learning and Combats Social Isolation in the Age of COVID

CAMPBELL, Calif., Aug. 11, 2020 /PRNewswire/ — As Summer 2020 comes to a close and a new school year ramps up, families nationwide are still uncertain how this new school year will take shape in the grips of the extended coronavirus (COVID-19) pandemic. Some students will be asked to physically return to the classroom, and others will be learning from home, while a third scenario will have kids and teens enduring both through a hybrid approach.

No matter the scenario, parents will be tasked…

CAMPBELL, Calif., Aug. 11, 2020 /PRNewswire/ — As Summer 2020 comes to a close and a new school year ramps up, families nationwide are still uncertain how this new school year will take shape in the grips of the extended coronavirus (COVID-19) pandemic. Some students will be asked to physically return to the classroom, and others will be learning from home, while a third scenario will have kids and teens enduring both through a hybrid approach.

No matter the scenario, parents will be tasked with creatively filling gaps—kids won’t be learning as they are accustomed to, nor will they be interacting with friends in ways they are accustomed to.

iD Tech has launched Squads After School—an online enrichment program that offers the cutting-edge tech curriculum families expect of the world leader in STEM education, with an enhanced social component. Students can invite friends to build their own «Squads,» or be matched with other tech-minded participants to develop new friendships.

«The demand for high-quality STEM instruction outside of school certainly existed pre-COVID,» says Pete Ingram-Cauchi, CEO of iD Tech. «Since the pandemic hit, though, that need shifted to online learning, and we quickly pivoted our summer programs to meet that need with both the rollout of our Virtual Tech Camps and the expansion of Online Private Lessons,» Ingram-Cauchi continues.» Now, after months indoors and being distanced from others, kids are craving social time. And they want to have fun. Squads is an amazing learning opportunity, but we’ve taken the next step when it comes to the social experience and engagement.»

Since 1999, iD Tech has created fun, engaging tech experiences for kids and teens. And there’s no better way to get kids and teens excited about coding, game development, robotics, and design than through courses built around Roblox, Minecraft, Adobe Creative Cloud, Adobe Premiere, JavaScript, Python and other platforms that kids already know and love.

«With Squads After School, parents and kids will see familiar concepts like game design and modding, but groups of friends can now also band together to try to escape a fire-filled Obby in Roblox, or to slay Minecraft’s Ender Dragon,» says Ricky Bennett, Vice President of Innovation & Partnerships at iD Tech.

Once a student is registered for a weeklong Squads After School course, they are matched with an iD Certified Instructor—staff with a passion for tech, and the skills, experience, and personality to bring out the best in participants. With each daily 90-minute after-school session, kids and teens collaborate and problem solve, bond with others over new challenges, and of course, celebrate big wins—all while connecting with and making new friends. Instructors are recruited from top universities including Caltech, NYU, and UCLA.

When students are entertained and engaged, the long-term outcomes are incredible, leading to successes in school, college, and dream careers. iD Tech’s 20+ years of experience have shown that learning alongside new or existing friends is the perfect way to boost that valuable fun factor.

Tens of thousands of students annually enroll in iD Tech programs, gaining life-changing skills in topics ranging from coding, artificial intelligence, 3D modeling, robotics, game design, and more.

Squads are forming now for courses running September through December.

ABOUT iD TECH
iD Tech is the world leader in youth STEM education and believes that all students deserve quality tech education. The family company was founded by a mother and daughter over 20 years ago in Silicon Valley and operates year-round online programs, in addition to summer camps at more than 150 top universities worldwide. Course topics include coding, 3D modeling, artificial intelligence, robotics, and game design. iD Tech is dedicated to bridging the digital divide and is committed to gender diversity. Since its inception, iD Tech has donated more than $5 million in life-changing educational experiences to underrepresented communities. For more information, visit www.iDTech.com.

 

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SOURCE iD Tech