LONDON, Jan. 14, 2025 /PRNewswire/ — Kinomica Ltd., a developer of diagnostics for precision oncology, today announced the appointment of Roche Diagnostics’ former Global Head of Strategy and Business Development, Dr Michele Pedrocchi as its new Chair of the Board of Directors.

With his more than 30 years of successful track record in Life Science and in-vitro Diagnostics and as a former member of the Executive Committee at Roche Diagnostics, Michele has extensive experience and understanding of the growth drivers of a business, including commercial execution and innovation of business models and products. His industry impacting achievements include an instrumental role in establishing polymerase chain reaction (PCR) as a routine diagnostics methodology in Europe and his pioneering role in introducing patient selection for targeted oncology treatments through Companion Diagnostics (CDx), as well as venturing into digital health solutions.

Tim Fell, Chief Executive Officer of Kinomica, said: “As an international executive who has brought ground-breaking diagnostic solutions into routine clinical practice, Michele’s experience and guidance will be invaluable as Kinomica seeks to do the same with phosphoproteomic diagnostics for therapy selection.”

Michele Pedrocchi, new Chair of the Board of Directors of Kinomica, commented: “I am thrilled to be taking on this role as Kinomica has great potential for contributing in a fundamental way to truly precision medicine. This world-class team of scientists has made impressive inroads on the promise of phosphoproteomics to guide cancer treatment. Making this proprietary approach and insights widely available is our declared goal.”

The new Chair appointment follows a financing round led by Mercia Ventures with additional participation from BGF, Longwall Ventures and other existing investors, that sees the company’s Board of Directors further strengthen with the appointments of Dr Robert Hornby and Joanna Smart as investor directors for Mercia Ventures and BGF respectively.

About Kinomica

Kinomica is a developer of precision oncology diagnostics. The company has developed KScan®, a phosphoproteomic diagnostic platform to help clinicians better realize the full potential of precision medicine by predicting which of the drugs currently approved to treat a disease a particular patient will respond best to, thereby aiding clinical decision making. Learn more at www.kinomica.com and follow us on LinkedIn.

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FORNEBU, Norway, Jan. 14, 2025 /PRNewswire/ — Reference is made to press release dated 6 November 2024 concerning the agreement between Akastor ASA (OSE: AKAST) and Mitsui & Co., Ltd. (“Mitsui”) on the transfer of all of Mitsui’s interests in AKOFS Offshore AS (“AKOFS Offshore”). The transfer has today been completed as per the terms agreed, whereby Akastor now controls 75% of the shares in AKOFS Offshore.

Simultaneously with the above-mentioned completion, the remaining two shareholders Akastor and Mitsui O.S.K. Lines, Ltd. (“MOL”) have entered into a new shareholders agreement effective as from today. Additionally, Akastor and MOL have today entered into a separate transaction agreement for transfer of 8.3% of the shares in AKOFS Offshore from Akastor to MOL, which when completed will give an ownership interest of 2/3 and 1/3, respectively. The transaction is entered into on an “as is “basis, on substantially same commercial terms as Akastor’s acquisition from Mitsui and includes transfer of a proportional portion of the shareholder loans and debt interests relating to AKOFS Offshore. Completion of the transaction is expected to take place later in Q1 2025. AKOFS Offshore will remain as a jointly controlled entity to Akastor.

For further information, please contact:
Øyvind Paaske
Chief Financial Officer
Tel: +47 917 59 705
[email protected]

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

About AKOFS Offshore:

AKOFS Offshore is a provider of vessel-based subsea well installation and intervention services to the oil and gas industry. The company operates three specialized offshore vessels, AKOFS Santos, Aker Wayfarer and AKOFS Seafarer, with the first two vessels contracted to Petrobras for work in Brazil and the last one contracted to Equinor for work on the Norwegian Continental Shelf. The company employed 360 people as per the end of 2024. AKOFS Offshore is owned by Akastor AS (75%) and Mitsui O.S.K. Lines, Ltd. (25%).

For further information, please visit homepage: https://www.akofsoffshore.com

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments. The company has a flexible mandate for active ownership and long-term value creation.

This information was brought to you by Cision http://news.cision.com.

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DUBAI, UAE, Jan. 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce its partnership with Entravel, the leading crypto-native hotel booking platform, to provide users with exclusive access to discounted luxury travel.

As part of this collaboration, all Bybit users can enjoy a free membership to Entravel, unlocking extraordinary perks, including heavily discounted hotel rates and seamless booking with digital assets. Bybit Card holders gain even more, with up to an additional 6% discount via cashback on luxury hotel bookings.

This initiative is a significant step in Bybit’s mission to integrate crypto usage into everyday life, making it easier than ever for users to trade, invest, and now, travel seamlessly with their digital assets.

“Live the Crypto Life. With Bybit Card. Bybit Card continues to broaden the use cases for borderless crypto spending,” said Joan Han, Sales & Marketing Director at Bybit. “We are thrilled to partner with Entravel, simplifying crypto solutions for our users’ travel needs while enriching their experiences with unique benefits. Together, we aim to make Bybit the go-to platform for investing, trading, and enjoying life.”

Luxury Travel with a Crypto Twist

Entravel’s platform offers more than one million hotels globally, including leading luxury brands, with discounts of up to 60%–70% compared to traditional travel websites. Entravel’s innovative crypto-native, members-only program enables these unmatched savings by sourcing exclusive hotel rates through direct partnerships.

Bybit users can effortlessly pay with their Bybit Card, accessing the same ease and convenience as any mainstream travel platform. This partnership empowers users to enjoy their digital assets while creating memorable travel experiences.

Don’t Miss Out – Claim Your Free Membership Today

The collaboration between Bybit and Entravel is designed to bring unprecedented value to Bybit’s community of over 60 million users worldwide (excluding the EU). Free memberships are now available, but spots are limited.

#Bybit / #TheCryptoArk

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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