Fintech PR
PharmaVentures acts as the exclusive M&A advisor on the successful sale of Phasefocus to Bruker
LONDON, March 19, 2024 /PRNewswire/ — PharmaVentures is pleased to announce that it acted as the exclusive advisor to Phasefocus Holdings Limited on its sale to Bruker (NASDAQGS:BRKR).
Phasefocus is a privately held company that has leading expertise in imaging, image processing algorithms and imaging platform. Phasefocus has deployed their expertise to develop a novel optical microscope, called Livecyte, for label-free cell imaging. Phasefocus’ microscopy capabilities will enhance Bruker’s existing portfolio, enabling new research advances.
Adrian Dawkes, Managing Director at PharmaVentures, said: “We are delighted to have leveraged our network and capabilities in M&A to deliver this successful outcome for Phasefocus shareholders. It is particularly pleasing to help this innovative UK technology company gain commercial validation from Bruker, a global player in the imaging, material and life science research sector.” Fintan Walton, Chairman and Chief Executive at PharmaVentures added: “This transaction endorses our firm as a leading player in cross border life sciences M&A.”
Financial details of the transaction were not disclosed.
For further information, please contact:
Adrian Dawkes
Managing Director
adrian@pharmaventures.com
+44 (0)7931 428487
About PharmaVentures
PharmaVentures Ltd is a premier life science transaction advisory firm and a leading international company in partnering, M&A deals and strategic alliances. For over 30 years, PharmaVentures has acted as advisor on over 1000 deal related projects covering licensing, mergers, acquisitions, divestments, and joint venture activities for companies worldwide.
PharmaVentures’ deep bank of specialist experience, deal analytics and network of contacts from innovators to large pharma makes us uniquely placed to support business in all aspects of deal making and strategic planning.
PharmaVentures is well known for its deep insight into deal structures and its success for generating partnering interest.
PharmaVentures’ services include:
- M&A (divestments, mergers, acquisitions, and strategic transactions)
- Licensing (in and out licensing)
- Fundraising Support
- Strategy (commercialisation, deal strategy, due diligence, market entry)
- Valuations (licensing, M&A, and fundraising)
- Pricing and Market Access
PharmaVentures is based in London, UK, and employs over 30 professionals and has associates in Europe and Asia-Pacific.
NOTE: This Press release is issued by PharmaVentures Limited, whose wholly owned subsidiary PharmaVentures Capital Limited is authorised and regulated by the Financial Conduct Authority (741356). This communication is for information purposes only and does not constitute an offer or solicitation to purchase or engage in any investment products, securities or services and should not be deemed as such.
For more details, visit https://www.pharmaventures.com
Follow us on LinkedIn: https://www.linkedin.com/company/pharmaventures/
About Phasefocus
Based in Sheffield, UK, Phasefocus is a private company founded in 2006 from University of Sheffield research. Phasefocus is changing what is possible in live cell assays, helping scientists uncover subtle differences in cell behaviour across whole cell populations. Livecyte, Phasefocus’s flagship product, delivers an unprecedented level of single cell data from live cells. High-contrast label-free imaging, correlative fluorescence and powerful automated image analysis algorithms result in high-content time-lapse outputs from standard 96-well plate assays.
View original content:https://www.prnewswire.co.uk/news-releases/pharmaventures-acts-as-the-exclusive-ma-advisor-on-the-successful-sale-of-phasefocus-to-bruker-302092131.html
Fintech PR
Uzbekistan’s Saneg turns flared gas into fuel
TASHKENT, Uzbekistan, Jan. 27, 2025 /PRNewswire/ — By utilising associated gas produced at oilfields rather than flaring it, Saneg is bolstering Uzbekistan’s energy supply while tackling emissions.
Uzbekistan faces the dual challenge of making its energy supply more secure and more sustainable. A prominent natural gas producer in the Soviet era, the country now grapples with declining production, forcing it to rely increasingly on imports to fuel its growing economy. At the same time, it is under rising international pressure to address emissions from its oil and gas sector.
Driving progress on both of these fronts is an initiative led by Uzbekistan’s largest independent oil and gas producer, Saneg.
In March last year, the company launched a €14mn project in partnership with Switzerland’s Vema, Norway’s ICA-Finance and Uzbekistan’s Geo Research & Development Co. (GRDC), to reduce flaring of associated gas produced at its key oilfields, by processing and feeding this gas into the national transmission grid. Saneg has since completed and commissioned 70 km of gas pipelines and 21 modular compressor units across the Northern Urtabulak, Sardob, Shurtepa, Eastern Tashly, Northern Shurtan, Yangi Karatepa and Turtsari fields, with the capacity to handle 70mn cubic metres of methane each year, CEO Tulkin Yusupov said in a recent interview.
By capturing and using this gas instead of flaring it, Saneg has already extinguished six flares, cutting its annual carbon footprint by nearly 140,000 tonnes of CO2. The recovered gas is now used to generate energy, as well as extra revenue for the company.
“We strive to introduce the best available technologies that ensure the efficient and careful use of resources and reduce the anthropogenic load, for the transition to a green economy,” Yusupov said.
Vema’s director, Mikhail Partikevich, hailed the project as testament to Saneg’s commitment to environmental responsibility. “This successful implementation strengthens the position of Uzbekistan internationally as a state that implements advanced solutions in the energy sector,” he said.
The newly installed compressors provide gas compression at pressures between 5 and 40 atmospheres, while ultrasonic gas flow meters and specialised equipment ensure precise measurement.
The project was initiated and financed by Vema and ICA-Finance, which also conducted pre-project studies and oversaw implementation. GRDC developed technical documentation, while Saneg handled construction. Building on this success, Saneg is now planning a similar project at the Shirkent field, working with Vema to assess flared gas volumes and develop a technical solution.
Saneg also partnered with Vema and ICA-Finance on a leak detection and repair (LDAR) campaign at its assets last year, using modern analytical systems and drones to prevent over 83,000 tonnes of CO2-equivalent methane emissions annually – a reduction comparable to removing 20,000 cars from the road. Methane is a more potent greenhouse gas than CO2 but has a shorter atmospheric lifetime, meaning that action taken today on emissions can help combat global warming faster.
Thanks to that work, Saneg became the first company in Central Asia to register a programme to cut methane emissions at its production assets, with Germany’s Emissions Trading Authority. The initiative was developed according to the Clean Development Mechanism (CDM) methodology, created by the European Fuel Quality Directive (FQD).
Saneg established itself as a key oil and gas player in Uzbekistan after securing rights to 103 previously state-owned oilfields in 2019. It has since boosted oil flow from the fields’ mostly mature reservoirs, and acquired an oil refinery. Though primarily focused on oil, Saneg managed to more than double the fields’ natural gas output by 2023, to almost 1.3bn cubic metres, even as national production declined. It aims to raise this to 3bn m3 in the future, partly by exploiting tight reservoirs underneath conventional formations.
About Saneg
Sanoat Energetika Guruhi (Saneg) (Jizzakh Petroleum until November 2021) is Uzbekistan’s largest private oil and gas company, owning the subsoil rights to 103 deposits for geological exploration and extraction, which account for about 80% of oil production in the Republic of Uzbekistan. The company employs over 5,000 people and has production facilities in Karshi, Mubarek, Fergana and Andijan.
View original content:https://www.prnewswire.co.uk/news-releases/uzbekistans-saneg-turns-flared-gas-into-fuel-302360960.html
Fintech PR
bbSOL Unveils its Largest Airdrop on Bybit Web3
DUBAI, UAE, Jan. 27, 2025 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, is unleashing the rewarding power of its SOL liquid staking token bbSOL in the first mega airdrop of 2025, the bbSOL Golden Maxi Rewards event. With over $700,000 worth of SONIC, J, SSI, and ALCH up for grabs in prizes, the event is bbSOL’s largest giveaway to date, and promises to get Bybit Web3 users in festive spirit throughout the Lunar New Year.
From Jan. 27 to Feb. 17, 2025, eligible users may exclusively get on board the growth journey of bbSOL and explore rewards options during the event, by simply staking 0.5 SOL or more on Bybit Web3 using their Bybit Web3 Seed Phrase Wallet. Registration and other tasks are required, terms and conditions apply. The top stakers may be eligible for up to 800 J, 800 SONIC, 80 SSI, and 800 ALCH in Red Packets.
Barely five months’ old, bbSOL is fast maturing as a popular portal to the Solana ecosystem, connecting Bybit Web3 users to the immense opportunities on the emerging SOL network without leaving the Bybit app. The innovative SOL staking solution has seen over $280 million in Total Value locked since its launch.
“At Bybit Web3, we are constantly thinking out of the box to provide more creative solutions and pathways to returns. bbSOL is the culmination of our focus on product innovation. And we are committed to offering an expansive range of rewards and helping our users stay ahead of the curve of Web3 innovations,” said Emily Bao, Head of Spot and Web3 at Bybit.
Bybit Web3 made significant strides in 2024, building a robust ecosystem to connect millions of users worldwide to multi-chain opportunities. In a recent keynote address by Ben Zhou, the CEO and Co-founder of Bybit alluded to the future of on-chain Bybit as a gateway to Web3. The Web3 dimension of Bybit plays a pivotal role in integrating on-chain asset management, delivering advanced CeDeFi trading solutions into a seamless Web3 experience for all.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 10 million wallet users, over 20 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as a top 3 global crypto exchange, trusted by 40 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit, please visit Bybit Web3.
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: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Logo – https://mma.prnewswire.com/media/2267288/5135904/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bbsol-unveils-its-largest-airdrop-on-bybit-web3-302360935.html
Fintech PR
ACE Money Transfer Expands Global Reach by Partnering with Alipay for Smooth Remittances to China
MANCHESTER, England, Jan. 27, 2025 /PRNewswire/ — In a groundbreaking move, ACE Money Transfer, a leading international remittance provider, announces a partnership with Alipay, one of the world’s dominant digital payment platforms. This integration marks a significant milestone for ACE, seamlessly integrating Alipay into its existing network of over 375,000 payout locations and unlocking a world of secure and convenient money transfers for its global customer base, with a particular focus on the vast 39.5+ million Chinese diaspora.
Rashid Ashraf, CEO of ACE Money Transfer, shared the company’s vision: “This partnership with Alipay is a transformative moment for ACE Money Transfer. By joining forces with Alipay, we’re not just expanding our network; we’re directly impacting millions. The partnership will enable tens of millions of Chinese citizens across 130 countries and regions worldwide to send money to loved ones with a secure and efficient channel, fueling financial lifelines for countless families.”
The ACE Money Transfer-Alipay partnership offers a multitude of advantages for customers, particularly those within the Chinese diaspora, including:
Unmatched Convenience: Effortlessly receive international transfers directly into Alipay wallets or bank cards tied to Alipay account.
Safety and Security: Both ACE and Alipay prioritize the highest levels of security, ensuring every transfer reaches its destination safely.
Global Network Powerhouse: With ACE’s expansive reach combined with Alipay’s strong base in China, users have a wider range of options for receiving funds.
About ACE Money Transfer
ACE Money Transfer, based out of Manchester, the UK, is a growing remittance provider. It offers online money transfer services to millions of expatriates with an extensive network of 375,000+ locations spread across 100+ countries worldwide.
Media Contact:
pr.communications@acemoneytransfer.com
+44 161 3936 999
Photo: https://mma.prnewswire.com/media/2606623/ACE_Expansion.jpg
View original content:https://www.prnewswire.co.uk/news-releases/ace-money-transfer-expands-global-reach-by-partnering-with-alipay-for-smooth-remittances-to-china-302360813.html
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