Day: March 22, 2022

The round was led by early backers Highland Europe and C Ventures, with participation from BYVP and TriplePoint Capital

LONDON, March 22, 2022 /PRNewswire/ — Today, Threads Styling (Threads) – the leading global luxury chat-based shopping platform – announces it has raised a $12m fundraising round led by Highland Europe and C Ventures, with participation from BVYP and TriplePoint Capital. The funding will enable Threads to continue to expand its current product offering, allowing it to service clients at 360 degrees whilst amplifying its brand new, curated ecommerce website and dedicated Live Shopping events. The round forms part of a dual-raising strategy that  sees Threads give customers a unique opportunity to invest in the company through a crowdfunding campaign with Crowdcube.

Founded in 2009 by Sophie Hill, Threads Styling is the leading global luxury chat-based shopping platform, providing a personalised service over social media and chat-based commerce, with the vision to pioneer a new luxury shopping experience for the next generation of shoppers. Today, Threads is the destination for style inspiration and new brand discovery for its Gen Z and Millennial customers, as well as a key source of industry insight into what’s trending with young luxury consumers.

Following continued strong growth of the business over the pandemic period, Threads will use the capital from this round to accelerate and build its product offering, diversifying its social first business model to expand and amplify the ways in which it can cater to its clients needs. The round follows Threads’ recent launch of an ecommerce platform and a dedicated Live Shopping strategy, expanding the ways in which clients can be inspired and engage with the Threads brands.

Following this significant backing from institutional investors, Threads is also opening its doors to its community of loyal customers and the next generation of investors, inviting them to participate in its next phase of growth through a crowdfunding campaign with Crowdcube, due to go live later this month. This dual-raising strategy supports Threads client first mission, giving customers the opportunity to become part of the Threads journey by investing in the company themselves, supporting its distinctive vision to pioneer the future of luxury commerce.

Sophie Hill, Founder and CEO of Threads Styling, says: “The landscape of luxury is changing, our experience has proven that combining relatable inspiration with a convenient client first service has answered the needs of the new gen luxury shopper. This new round of investment will drive further expansion of our model through our new ecommerce platform and live shopping events on social media.  We’re incredibly grateful to our investors for their continued support and, given our community has been an important part of our growth over the years, we’re excited to formally welcome the next generation of investors into the Threads family.”

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SINGAPORE, March 22, 2022 /PRNewswire/ — Vantage, the international multi-asset broker, announces today that it has been selected as the “Best Trading Services Provider APAC (Asia-Pacific)” at the ADVFN International Financial Awards 2022.

The panel-judged awards – now in their eighth year – recognises and celebrates the best of breed products and services from across both the traditional financial and Fintech industries.

“We are honoured to receive this award at the ADVFN International Financial Awards 2022,” said Marc Despallieres, Chief Strategy Officer, Vantage. “This is truly a validation of our efforts as we continue to innovate and build our presence in the APAC region, providing a best-in-class trading ecosystem for our clients.”

“Vantage has been operating in the APAC region for some years now, but with the growing sophistication and higher expectations among our clients, we knew we could not be complacent.”

“Instead, we’ve continued our work in emerging markets, improving our clients’ user journeys, providing the tools necessary for an ultra-smooth execution, expanding our operating regions to reach underserved clients, and growing our product offerings while maintaining our low trading fees to suit clients’ trading needs.”

“I would like to take this opportunity to offer my heartfelt thanks to our team for their hard work, as well as our clients for their unwavering support for Vantage.”

This is the second major accolade Vantage has received in the APAC region, since its major rebranding exercise in 2021. Vantage was earlier recognized at the Transform Awards Asia 2021 – an APAC awards programme that recognises excellence and innovation in brand development.

At Transform Awards Asia, Vantage received the “Best brand development project to reflect changed mission, values or positioning” and “Best visual identity from the financial services sector” awards.

About Vantage

Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, and Shares.

With more than 10 years of market experience. Vantage now has over 1,000 employees/personnel across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem and a faster and simpler trading platform that enables clients to take advantage of trading opportunities.

Be empowered to trade on market opportunities when you
trade smarter @vantage.

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Comparative clinical trial shows significant improvement in wound closure and infection control based on treatment with the plasmajet kINPen® MED from neoplas med compared to best practice wound care – cost-effectiveness analysis proves high cost-savings by innovative technology

GREIFSWALD, Germany and FELDKIRCH, Austria, March 22, 2022 /PRNewswire/ — The results of a randomized controlled trial (RTC) may offer new opportunities for the approximately two million patients with chronic wounds solely in Germany: The innovative cold atmospheric plasmajet (CAP-jet) technology showed significantly more healing progress in chronic wounds in comparison to best practice (BP) modern wound care at two study centers. Within six weeks, 59 percent of all wounds healed completely under cold plasma treatment compared to only 5.1 percent in patients under BP therapy. Time to complete healing was also considerably shorter under CAP-jet treatment, and wound infections were overcome statistically significant more rapid. With a very good tolerability profile, an economic analysis of the study data also showed a cost saving of 65 percent for the dressing material alone compared to the BP group. The study data were recently published in the journal Nature Scientific Reports.

Acceleration of wound healing and wound closure proven

In the study conducted by Prim. Univ.-Professor Robert Strohal, head of the Department of Dermatology and Venereology at the Federal Academic Teaching Hospital Feldkirch, the cold plasma procedure of the Greifswald-based company neoplas med GmbH was scientifically examined in wound care. For this purpose, he compared treatment with the CAP-jet kINPen® MED at the Austrian Federal Academic Teaching Hospitals Feldkirch and Bregenz with current best practice treatment in 78 patients with infected and non-infected wounds. ‘This study was the first to investigate the exclusive effect of tissue accessible cold plasma on wound healing and infection control without the use of an additional standard therapy,’ said Prim. Univ.-Prof. Strohal.

After treatment with the CAP-jet, the proportion of healthy tissue increased significantly faster than under the BP treatment and the wounds under CAP-jet therapy also healed significantly faster. At the end of the study, the wound area in the CAP group had reduced by 94.7 percent compared to the baseline value, in the comparison group it was only 56.3 percent. CAP also proved superior in terms of infection control. In contrast to BP therapy, all wounds infected at the start of the study showed complete resolution of infection signs. In addition, the signs of infection disappeared significantly faster under cold plasmajet therapy.

Patients’ quality of life can improve

Ulrike Sailer, CEO of the company neoplas med GmbH in Greifswald/Germany, explained: ‘The Joint Federal Committee (Gemeinsamer Bundesausschuss, G-BA) as the central decision-making body of the German health care system already recognized last year the potential of cold plasma for the innovative treatment of chronic wounds at our request. Therefore, the G-BA decided to carry out an observational trial for testing with the aim of obtaining health insurance approval. The results of the clinical trial that now have been published clearly demonstrate the superiority of the CAP-jet kINPen® MED compared to BP wound care. These results provide further evidence for the high clinical relevance of the CAP-jet precision technology. At the same time, it represents important news for millions of people who suffer from chronic wounds for years.’

Chronic wounds are often associated with high morbidity and considerable impairments in everyday life as well as the patients’ psyche. Faster wound healing and thus a shorter therapy duration by using the plasmajet kINPen® MED can therefore significantly improve the patients’ quality of life. Furthermore, a lower burden by pain during treatment can be observed, and a reduced number of dressing changes can be assumed. Patients confirmed the very good tolerability and even described the treatment as pleasant in the majority of cases.

Significant advantage in treatment costs

A cost-effectiveness analysis based on the available study data showed that 21.4 percent fewer physician visits and 34.3 percent fewer dressing changes were necessary in the CAP-jet group compared to BP. The savings alone in dressing material resulted in a cost advantage for CAP-jet therapy of 64.7 percent compared to BP. Previously, average costs of 10,000 € per patient and year were assumed. Ulrike Sailer: ‘Thus, the cold plasmajet kINPen® MED offers not only a more efficient and tolerable technology, but also opens up the opportunity for significantly higher cost-effectiveness in the treatment of chronic wounds.’

Further information material can be found under the following link: https://1drv.ms/u/s!Aph6cOwNbPEJgQCIbClSETCZ_lal?e=BvkuGi

Background Information:

The study included 78 patients with wounds up to 10 x 20 cm in size and existing for at least 6 weeks. The patients were randomized in a 1:1 ratio into two groups and treated for the study duration of 6 weeks either with the CAP-jet kINPen® MED (30 seconds per cm² wound area) or suitable wound dressings according to BP wound care. Only one wound per patient was evaluated.

With regard to the treatment regime, CAP-jet therapy was administered 3 times in the 1^st week in the CAP group, 2 times in the 2^nd week and once a week in the following observation period; furthermore, the wounds were covered with gauze and a secondary dressing. In contrast, the BP group was treated with a wound phase-adapted dressing; infected wounds were additionally cleaned with an antiseptic. In both groups, patients with venous ulcers received compression therapy. The primary endpoint of the study was the amount of granulation tissue at the end of the study. In addition, cold plasma effects on wound infection, wound area, healing time, wound pH and exudate volume (wound fluid) as well as local tolerability were investigated.

Improvement in wound infection: All 13 wounds infected at baseline in the CAP-jet group showed complete resolution of infection signs without the need for additional antiseptics. In contrast, 4 of the 18 wounds infected at baseline in the BP group showed no improvement despite the use of antiseptics. Furthermore, the signs of infection decreased significantly faster under CAP-jet therapy compared to BP therapy. These data confirm the previously published evidence on the good antimicrobial efficacy of CAP.

Cold plasma is a gas containing ionized atoms, ions and electrons that has been shown to disinfect wounds and activate the wound healing process. With its fine jet, the plasmajet kINPen® MED enables highly precise treatment in anatomically and pathologically challenging areas under visual control and without touching, which is not possible with other wound therapies.

Study reference:

Strohal R, Dietrich S, Mittlböck M, Hämmerle G. Chronic wounds treated with cold atmospheric plasmajet versus best practice wound dressings: a multicenter, randomized, non-inferiority trial. Sci Rep. 2022 Mar 7;12(1):3645. doi: 10.1038/s41598-022-07333-x.

Literature:

Martinengo L et al.: Prevalence of chronic wounds in the general population: systematic review and meta-

analysis of observational studies. Annals of epidemiology 2019; 29, 8-15, DOI:10.1016/j.annepidem.2018.10.005.

Agale SV: Chronic leg ulcers: epidemiology, etiopathogenesis, and management. Ulcers 2013, 413604, DOI:10.1155/2013/413604.

Vishwanath V: Quality of life: Venous leg ulcers. Indian Dermatol. Online J. 2014, 5, 397–399. Doi:10.4103/2229-5178.137828.

Green J et al.: A. Chronic venous leg ulcer care: Are we missing a vital piece of the jigsaw? Wounds UK 2017, 13, 32-40.

About neoplas med GmbH

neoplas med GmbH was founded in 2009 as a spin-off of the Leibniz Institute for Plasma Science and Technology e. V. (INP) in Greifswald, Germany. Ulrike Sailer took over the position of managing director at the end of 2019. Based on the INP research into plasma medicine, the emerging company develops innovative products for medical applications. The first product developed on this basis is the CE-marked kINPen® MED atmospheric pressure plasmajet, the first internationally approved and marketed plasmajet for the treatment of chronic wounds and pathogen-induced skin disorders. It is the result of a long-lasting cooperation with the INP institute, the university hospital of Greifswald, Germany, the Charité hospital of Berlin, Germany, and various industrial partners. In July 2021, the Federal Joint Committee, as the central decision-making body in the self-governing health care system, decided on a trial study with the cold plasmajet procedure and thus took an important step towards reimbursement by the health insurance companies.

About kINPen® MED 

The plasmajet kINPen® MED is the first atmospheric pressure plasmajet to receive CE approval for the treatment of chronic wounds and pathogen-induced skin disorders. The plasmajet applies a physical cold plasma with a temperature of < 40 degrees Celsius with pinpoint precision and without wound contact. Areas with an uneven profile, recesses or cavities can be reached easily and treated evenly. The noble gas argon used for the generation of the plasma provides a controlled atmosphere around the generated plasma beam, thus ensuring a consistent high treatment quality.

Press contact

Claudia Kerber
Phone: +49 3834 515 201
Mobile: +49 (0)162 23 770 70
claudia.kerber@neoplas-med.eu
neoplas med GmbH
Walther-Rathenau-Straße 49a, 17489 Greifswald, Germany

SHENZHEN, China, March 22, 2022 /PRNewswire/ — Global LED manufacturer Absen, today announced the start of a new recruitment phase in a bid to further expand its global partnership network and strengthen its leading position as LED innovations and technologies specialist and to support market growth.

Supporting the exponential growth of the LED market, Absen – who currently operates in over 130 countries – is set to expand its global network by reaching out to other like-minded businesses who may apply to become an Absen representative in its commitment to remain market leaders globally.

Building upon an already impressive network since the companies beginnings in 2001, Absen currently boasts 13 domestic and overseas offices, employing over 2,000 staff and representatives who are responsible for the completion of over 50,000 projects to date. To further establish the global partnerships already fostered from two decades in the LED industry, the company is committed to welcoming businesses with similar ideologies, vision and drive.

“We have, and will continue to experience, a huge expansion in the LED market. In line with this growth, we are committed to enhancing our existing network of valued partners,” states Laura Luo, Vice President at Absen “as technological advances are made with LED, and the applications in which LED can be used continues to evolve – so must our network of Absen representatives. There simply hasn’t been a better time for LED.”

Absen attributes its two decades of success as market leaders, pertaining to the same core values: honesty, gratitude and responsibility – and more importantly than ever before – sustainability.

“We are looking for potential partners who share the business ideologies that we, as a company, feel very strongly about. Supporting growth sustainably will be a collective effort we are committed to taking forward with our new partners.”

Over the past five years, Absen has made huge strides in its sustainability and energy conservation commitments, reducing carbon emissions by approximately 700,000 tons in that time.

The new phase of Absen’s network growth strategy calls for other ‘best in class’ businesses to apply for more information directly from Absen. New partners will be trained, guided and supported by the extensive knowledge from the team and will fully benefit from the opportunities LED presents to the global market.

https://www.absen.com/connect-to-the-future

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