Category: pbpnamox

  • Tank-emptying made simple

    first_imgGerman Railway’s Stuttgart works has produced a range of small retention tank emptying vehicles using pumped collection tanks from Sanivac.The battery-powered carts are small enough for convenient use at stations or carriage depots. The batteries power built-in pumps to transfer waste from the train’s tanks into a transfer tank on the vehicle. Headlights provide adequate working illumination, regardless of trackside floodlighting.Tank emptying is achieved by simply reversing the pump direction to discharge through the connection hose. If a waste disposal drain is convenient to the on-board tank, the pump unit can be used to empty effluent directly.Sanivac Vakuumtechnik GmbHWedel, GermanyReader Enquiry Number 144last_img

  • Joseph Mariathasan: Europe’s pharmaceutical and biotech industries

    first_imgAre Europe’s large pharma companies thematically too diversified? Are there opportunities to invest in smaller companies emulating the US market? The fact 85-90% of one of Europe’s largest healthcare funds is invested in the US suggests Europe faces some significant long-term challenges if it wishes to retain its pre-eminence in healthcare. The manager prefers small and mid-sized companies as new investment ideas that have a clear world-class expertise and a focus on specific areas, which he holds for upwards of five years. He sees Europe’s large pharma companies as solid, good companies but argues that they are thematically too diversified, or even run as healthcare conglomerates.Europe does not see the plethora of small and mid-sized spinoffs and start-ups that are seen in the US, but the US is not its only rival. China and India have well-established pharmaceutical industries, and, with an abundance of brainpower, they are well positioned to produce streams of cutting-edge healthcare companies.Europe’s healthcare industry can be divided into three segments, with a handful of giants – the UK’s GSK, the British-Swedish AstraZeneca, the Swiss Novartis and Roche, France’s Sanofi, Danish diabetes specialist Novo Nordisk and possibly the German company Fresenius. Beneath the pharma giants is a set of mid-sized companies that, for historical reasons, are owned by foundations or families, such as the Danish company Lundbeck, the French company Ipsen, the Spanish companies Rovi and Almirall and the Italian company Recordati. Beneath this are hundreds of emerging biotech companies – some very tiny and others of reasonable size. But the biotech industry is very much weighted towards the US, versus Europe. There are many reasons for this, including the availability of risk capital.Pharma is still perceived as being a safer-haven, low-volatility sector. Over the long term, it would generate lower returns than biotech but outperform the broader market. Biotech is still perceived as an innovation industry that is more volatile. But the US companies such as Celgene are producing double-digit revenue growth rates with very high sustainable profit margins. For Europe as a whole though, the issue may not be purely one of generating short-term investment returns. If the jewel in its crown is not to be tarnished over the long term, Europe’s pharmaceutical sector must find a way to emulate the success of the biotech companies in the US.Joseph Mariathasan is a contributing editor at IPE Europe’s pharmaceutical sector must find a way to emulate US biotech, Joseph Mariathasan writesThe European pharmaceutical industry is arguably the jewel in the crown of Europe’s industrial base, and GlaxoSmithKline (GSK) is one of the UK’s giants. It showed its strength last week when it filed its shingles vaccine Shingrix for US regulatory approval. Analysts estimate that the drug, one of GSK’s most promising experimental products, could generate revenues of $1bn (€909m) a year.But Europe faces some significant long-term challenges if it wishes to retain its pre-eminence in healthcare. GSK may be an example of what could be the problem – it needs to revitalise a drug portfolio characterised by reliance on a few blockbusters now seeing falling sales, such as its inhaled lung treatment Advair. The US patent on this expired in 2010, so it is only a matter of time before generic versions destroy its revenues.PwC estimates that almost half of all corporate research and development in the in UK in 2016 has been accounted for by the healthcare and pharmaceutical industry. Clearly, the sector has immense strengths, but the problem is that virtually all of that figure is accounted for by just two companies – GSK and AstraZeneca. Europe has not seen the plethora of small and mid-sized spinoffs and start-ups that characterise the US healthcare market.last_img read more

  • People moves: APG appoints former Norges Bank chief to board [updated]

    first_imgAPG – The €475bn Dutch asset manager APG has appointed financial heavyweight Knut Kjær (pictured, left) as a member of its supervisory board (RvC). Kjær was the founding chief executive of Norges Bank Investment Management, responsible for Norway’s sovereign wealth fund and the management of most of the country’s foreign reserves.In recognition of his contributions to the management of the Government Pension Fund, he was knighted by King Harald of Norway in 2008. APG, Mercer, PMT, Bouwinvest, BNP Paribas Asset Management, Hoogovens, Loomis Sayles, BMO Global Asset Management, Fidante Partners, eVestment, IFM Investors Since 2011, Kjær has been chairman and partner at FSN Capital Partners, a Nordic private equity firm, chairing its asset management branch since 2017. He also holds advisory positions at China Investment Corporation and the Monetary Authority of Singapore. Between 2008 and 2016, Kjær was a member of the investment committee of the €409bn Dutch civil service scheme ABP, APG’s main client.APG’s RvC also includes Maes van Lanschot (chairman), Bart Le Blanc (vice chair).Mercer – The investment consulting giant has hired Jo Holden as UK chief investment officer. Based in Liverpool, she has also joined the firm’s UK defined benefit (DB) leadership team. She has worked at Mercer since 2002 and set up its Manchester office in 2010 as well as expanding the firm’s UK public sector consulting team.David Fogarty, head of Mercer’s UK DB business, said: “Jo has extensive knowledge of the investment consulting space, and great energy and enthusiasm for developing our proposition further to meet the needs of our clients.”Holden replaces Steven Blackie, who was announced as head of global product strategy at Aviva Investors last week.PMT – The €70bn Dutch sector scheme for metalworking and mechanical engineering has appointed Gerard Roest and Ron Follon as trustees. Roest will be tasked with socially responsible investment. He was nominated by trade union FNV and succeeds Albert Akkerman, who died last September.Currently, Roest is board member of the general pension fund of Unilever and is a policy adviser at the FNV. He was previously chairman of BPL, the industry-wide pension fund for agriculture, and has been trustee at the former sector schemes for the wholesale of flowers and plants (Bloemen en Planten) and the paint and printing ink industry (Verf en Drukinkt), as well as the FNV’s own pension fund.Follon was nominated by employer organisation FWT and will become a member of PMT’s pensions committee. He is general secretary at the FWT and the organisation’s lead negotiator for collective labour agreements in the sector. Follon succeeds Hep van Luunen, who has been a PMT trustee for 16 years.Janus Henderson Investors – Georgina Fogo has been appointed chief risk officer at the £274bn (€315bn) asset management group. She will join in July from BlackRock where she is global head of compliance, and succeeds David Kowalski who retired last year. She has worked for BlackRock since 2009, and previously built the compliance teams for Barclays Global Investors – now iShares –in Europe and the US.In a statement, Janus Henderson co-CEOs Dick Weil and Andrew Formica said: “With the regulatory landscape for asset managers and clients becoming increasingly complex, her experience will be invaluable in ensuring Janus Henderson remains at the forefront of the change agenda and risk management best practice.”Bouwinvest – The €8.5bn property investor for the large Dutch pension fund for the building industry (BpfBouw) has appointed Barbara Sleijffers and Frans van Burk to the acquisition team of its retail fund. It said the new team members would assist the fund increasing its assets from €900m to €1.1bn by 2020.Sleijffers joins from Sweco Capital Consultants, where she provided pension funds with strategic and tactical advice on property. Prior to this, she worked at engineering firm DHV Royal Haskoning and insurer ASR. Van Burk is to become commercial assistant for acquisitions and joins from CBRE Global Investors, where he was senior commercial analyst. He has also worked at ING REIM.BNP Paribas Asset Management – Julien Halfon has joined the firm as head of pension solutions within its multi-asset, quantitative and solutions investment group.  (‘MAQS’). He is responsible for providing advice and designing bespoke strategies for pension funds and insurance companies. Halfon was previously a senior consultant at Mercer, and has also held senior positions at P-Solve, Lazard, Hewitt Bacon & Woodrow, and Goldman Sachs.Hoogovens – André van Vliet has joined the board of the €8.5bn pension fund Hoogovens, representing the scheme’s pensioners. Van Vliet will focus on institutional asset management and becomes a member of the pension fund’s balance and investment committee. Since 2016 he has been a board member at the €409bn civil service scheme ABP as well as Het Nederlandse Pensioenfonds, the general pension fund (APF) established by insurer ASR. Between 1998 and 2014 Van Vliet worked at Ortec Finance, latterly as managing director and partner.Loomis Sayles – The $267bn (€216bn) asset manager has appointed Kathleen Bochman as director of environmental, social and governance (ESG), a newly created role. She will lead the company’s existing ESG committee, providing strategic support to investment teams and the wider firm. Bochman has worked at Loomis Sayles since 2006, and previously held investment roles at Wellington Management and State Street Research & Management.BMO Global Asset Management – Zahra Sachak is BMO’s new director of relationship management in its UK institutional team, where she will oversee relationships with existing clients. She joins from Investec Asset Management where she worked in the North America institutional sales team. Sachak has also worked at Aviva Investors and Schroders.Fidante Partners – The investment manager has hired Hugh Ferrand to its institutional business development team. He joins from Invesco Perpetual, the UK arm of global asset management giant Invesco, where he oversaw its institutional business with pension schemes, charities, endowment funds and insurance firms. Prior to joining Invesco in 1999, Ferrand worked as an investment manager at Adam Bank and Blairlogie.eVestment – The data and analytics provider has named David Keogh as managing director for the Europe, Middle East and Africa (EMEA) region. Based in London, he will be responsible for growing eVestment’s client base in the EMEA region. He has worked in various management and business development positions at companies including Accenture, Barclays and Banco Santander.IFM Investors – The Australian fund manager has appointed former Industry Super Australia chief executive David Whiteley as global head of external relations. He will join in September to lead the firm’s public policy agenda. He will have global responsibility for the firm’s relationships with government, media, shareholders and industry groups.IFM Investors’ CEO, Brett Himbury, said: “Central to the role will be an emphasis on directing IFM Investors’ global responsible investment initiatives and its focus on enhancing returns, as well the societies in which we invest.”last_img read more

  • Maloney leaves it late

    first_img Loic Remy appeared to have given Rangers renewed hope in their survival quest with a stunning 85th-minute strike, only for Maloney to drive home a ferocious equaliser from 20 yards just seconds from the final whistle. It was a spectacular twist to the match and agonising for QPR who had played all but 20 minutes with only 10 men after Bobby Zamora was sent off for a moment of madness. In attempting to reach a throw in, Zamora kicked Jordi Gomez, striking the Spanish midfielder in the head with his studs and dropping him to the floor. Gomez received treatment and having consulted assistant Scott Ledger, referee Phil Dowd sent Zamora off. It was an inexplicable act from the former England forward given his side were in control at the time and the 32-year-old will now miss crucial fixtures against Everton, Stoke and Reading – with his side seven points from safety. Flashes of promise were evident from QPR in the opening five minutes as a back heal from Zamora was missed by Remy and Junior Hoilett at the far post. Better was to come from Remy in the ninth minute when the Frenchman struck the left post with a ferocious shot that had beaten keeper Joel Robles. But the bright start shuddered to a halt in the 21st minute when Zamora was dismissed for his reckless tackle on Gomez. The England forward complained bitterly at Dowd’s decision and Rangers fans repeatedly jeered Gomez thereafter, but Zamora had left the official with little option but to produce his red card. Julio Cesar kept a well-struck long-range effort from James McCarthy at bay while at the other end only a terrific tackle from Emmerson Boyce prevented Remy from connecting with a cross from Jose Bosingwa. Adel Taarabt was brought off the bench, replacing Hoilett, and his pinpoint delivery to Remy at the far post was headed narrowly wide. Despite their numerical advantage, Wigan had barely mustered a shot at goal and it was 10-man QPR who were the more dangerous side. Wigan would have taken the lead in the 78th minute had substitute James McArthur not directed his header straight at Cesar, who was making only his second real save of the game. The Latics must have raised their hopes when they were awarded a free-kick 30 yards out, but instead it proved their downfall as the ball was stolen by Stephane Mbia. Mbia dashed 50 yards and released Remy who rifled home his fifth goal since his £8million transfer from Marseille in January from the edge of the area. However, Mbia barged into the back of Maloney 20 yards out and the midfielder picked himself up to curl in the leveller. Press Associationcenter_img Wigan forward Shaun Maloney struck a free-kick four minutes into injury time to secure a 1-1 draw and nudge QPR closer to relegation from the Barclays Premier League.last_img read more

  • Pulis keen to hold on to Ince

    first_img The cautious boss is refusing to take safety for granted though, and will not start any contract negotiations for next season until Palace’s top-flight future is mathematically secure. Ince’s father, former Manchester United and England midfielder Paul, admitted he would like to see his 22-year-old son feature more regularly at Palace in an appearance on Saturday’s Match of the Day. Pulis appreciates his young midfielder’s position, but believes he will only improve as he fights to assert his authority. “It’s been difficult for Tom, but I have to say as a young lad who did everything at Blackpool, plays for the Under-21s, he’s not been any trouble whatsoever,” said Pulis. “His attitude in training has been fantastic, and the players have taken to him as well. “I think that’s great credit to Tom. I think it’s a part of his career that he will look back on and take a lot of stuff from. “It’s not gone to plan in respect of him playing every game but his attitude – he’s a credit to his parents and he’s been fabulous.” The former Stoke manager said only the form of resurgent trio Yannick Bolasie, Jason Puncheon and Marouane Chamakh has denied Ince more Selhurst Park opportunities. “He’s one that we’ll look at once things are done,” said Pulis, gearing up for Wednesday’s Premier League trip to Everton. “I’d love to sit down and get something done with him because I think he’s a top player. “Tom has been absolutely fantastic. Tom Ince will be a top Premier League player, without a shadow of a doubt. He’s got all the attributes and everything else. “The unfortunate thing is that in the position Tom plays, Puncheon has been outstanding, Bolasie’s been outstanding. So it’s been very, very difficult to get him into those positions, and the one who’s played behind has been Chamakh, who has been one of the players of the season.” Liverpool product Ince joined Blackpool in 2011, scoring 31 goals in 100 league appearances. The Anfield club have been regularly linked with a move to lure Ince back to Merseyside, and Palace will face serious competition for the highly-rated forward’s full-time services this summer. Pulis’ regimented influence has helped steer Palace to 12th place in the Premier League, seven points clear of the drop zone. Tom Ince will become one of Tony Pulis’ top targets for a permanent Selhurst Park switch if Crystal Palace complete their Barclays Premier League safety mission. Palace boss Pulis has tipped England Under-21 forward Ince to become a “top Premier League player”, despite the Blackpool loanee only featuring five times since his January move. Pulis will hold off on all contract talks until Palace secure their Premier League status, but admitted Ince will become a high priority if and when the Eagles tie up their top-flight future. Press Associationlast_img read more

  • Porterfield proud of Ireland effort

    first_img It meant that Ireland finished fifth in Pool B, behind the Windies on net run-rate only, and Porterfield believes his team can take plenty of heart from their performances in the last few weeks. “Overall, I’m very pleased with how the lads have stuck at it,” he said at his post-match press conference. “We’ve come in, we’ve beaten two Test nations, we’ve played some very good cricket. There are a lot of things we can take from this competition moving forward. “For now we are disappointed. We had very high hopes for it today, we came in with a lot of confidence with how we were playing and that’s testament to where we’ve come and where we’re at as a team. “We’ve got that confidence and belief to come out and beat anyone – it’s a great place to be. It’s a disappointed changing room now but when we do sit and reflect on it, I think we’ll be very happy with what we’ve achieved.” After winning the toss and batting first, Porterfield led the way for Ireland with a composed 107 off 131 balls, but they could only muster 237 all out. The total did not cause many problems for Pakistan, with Sarfraz Ahmed hitting an unbeaten 101. Porterfield added: “We were 40 or 50 short of what would have been a very competitive total and that makes it harder during the chase as well even if they did get off to a bit of a start. “But once they did we were always trying to claw it back but you’ve got to give credit to how they played, they didn’t really let us back into the game.” Captain William Porterfield revealed his pride at Ireland’s efforts during the World Cup as they narrowly missed out on qualifying for the knockout phase after defeat to Pakistan. The associate nation once again exceeded expectations at cricket’s premier global competition, with victories over Test-playing sides West Indies and Zimbabwe taking them to the brink of a quarter-final place. Ireland needed to avoid defeat on Sunday but despite Porterfield himself recording a century at Adelaide, Pakistan chased down a victory target of 238 with seven wickets and 23 balls to spare. center_img Press Associationlast_img read more

  • Cricket News We won’t interfere in Indian Premier League, says ICC

    first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: The ICC on Monday insisted that it will not interfere in the conduct of IPL, saying the world body rather plans to use the Indian domestic league as a benchmark to draft regulations for leagues across the world.“Reports in the Indian media that the ICC is somehow seeking to interfere in or dictate to the IPL are wide off the mark. That is not the case,” ICC Chief Executive David Richardson said in a statement.A newspaper report had claimed that the ICC wants to have a say in IPL policy matters in an attempt to gain control over the league.“As the Chief Executives’ Committee and the ICC Board were advised over the past few days, the development of the Regulations has been led by the Working Group, on behalf of its Members, to ensure the long-term health and reputation of the sport internationally and domestically.”Praising the successful conduct of the Indian Premier League, Richardson said the model was worth emulation.Also Read | IND v AUS: Virat Kohli’s side aim to prolong Australia’s agony in Nagpur“We are fortunate to have some outstanding T20 leagues, including the IPL, which set the gold standard for operations globally and this Working Group has taken into account those standards when developing the draft set of regulations. Our primary objective is to ensure other leagues around the world put in place the same minimum criteria and operate within a consistent framework,” Richardson said.“The Working Group will continue developing the regulations over the coming months.”The ICC, in a recent survey, found out that 95 percent of its professional players play only one T20 league and the regulations, according to sources, would only apply on the the remaining five percent who ply their trade in various leagues. It comprises mainly the West Indies players, who have picked T20 leagues over playing for the Caribbean team.There is a possibility that there could be a cap of two to three leagues per player but it has not been finalised yet. last_img read more

  • Déjà vu? Green Machine to host USA South on July 1 for RAN 15s title

    first_imgTWO years ago, Guyana’s National Rugby team, popularly known as the ‘Green Machine’, etched their names in the history books after edging the mighty USA South to claim their maiden Rugby Americas North (RAN) (formerly North American and Caribbean Rugby Association) 15s title with a come-from-behind 30-27 win.It was a last second penalty kick from Ryan Gonsalves which was ‘on the money’ that saw the ‘Green Machine’ win the trophy and now, Guyana will have a chance to not only reclaim the title that was won by Mexico last year, but also do something that several teams in RAN have never done; beat the USA twice.After Guyana outclassed Trinidad and Tobago 24-17 on June 10, they were preparing for a trip to Mexico City to face Mexico who were tipped to beat the Cayman Islands.However, the game proved how unpredictable sports could be, since the Cayman Islands emerged winners 39-17 over the Mexicans, which means that the Americans were crowned RAN’s North Zone champions.Guyana’s captain Ryan Gonsalves“Guyana will be ready to host USA South on July 1,” explained the Guyana Rugby Football Union (GRFU) secretary Terrence Grant, while speaking to Chronicle Sport yesterday.According to Grant, while he’s not at liberty to divulge certain information at the moment, he insisted that the GRFU is looking forward to the match and that at present, a committee was already established to ensure that all ends are covered for a successful hosting of the biggest Rugby game ever held locally.The visit by the USA will mark their first in Guyana, and their second in the Caribbean after travelling to Trinidad and Tobago in 2013 where they left with the RAN 15s title; winning 26-18.The Americans will want to exact revenge for their 2014 defeat to Guyana in Atlanta Georgia, in rather dramatic fashion.The good thing for Guyana is that their squad of players who had beaten the USA are still playing together and had improved in the 15s format.Guyana are known for their dominance in the game’s shortest format (Sevens), but since their win against the USA in 2014, the GRFU had made a commitment to have their National side pay more emphasis on 15s Rugby.Since then, the Green Machine have won back-to-back South Zone titles, and missed out on winning a second overall RAN 15s title when they went down 32-3 against Mexico last year.last_img read more

  • Watch Mike Tyson share a piece of advice for Francis Ngannou

    first_imgLast Updated: 9th November, 2019 14:42 IST Watch Mike Tyson Share A Piece Of Advice For Francis Ngannou Mike Tyson had an incredible boxing career despite having a shorter height in comparison to his rivals. He has the same advice for Francis Ngannou. Know more Also Read- Mary Kom Recognised As Olympian, Gets Post-nominal Title ‘OLY’Also Read- Mary Kom Forced To “settle” For Bronze, Manju Rani Reaches WC Final SUBSCRIBE TO US Mike Tyson is one of the deadliest heavyweight boxers who has shown the world how dangerous a single punch can be. The youngest man to seize the heavyweight belt at the age of 20 years went onto knockout eminent boxers in his career. The Iron Mike’s career has been full of controversies there is no doubt that he has left his mark in boxing. Despite being 1.78 and comparatively shorter than his contemporaries, Tyson showed us that height and reach doesn’t matter if you have got pace and power. He passes on the same ideology to Francis Ngannou who has recently challenged Tyson Fury for a boxing match.Also Read- WATCH: Mike Tyson Teaches UFC Contender Francis Ngannou Boxing MovesMike Tyson: Piece of Advice for Francis NgannouFrancis Ngannou thinks that he can shock the world by knocking out Tyson Fury inside a ring or an octagon. He has also considered Mike Tyson as the perfect man to train him and Mike Tyson feels that Francis can beat Fury. Tyson Fury is a tall man but Mike Tyson does not see it as a difficulty. In a tweet, Tyson is seen having a sparring session with UFC Heavyweight Francis Ngannou. Tyson describes how Fury’s body can be attacked in the fight by closing the gap and also feels that if the distance is closed properly, even Fury’s face can be aimed. Have a look at Mike Tyson in action at this age. Also Read- UFC News: Mike Tyson Has Some Advice For Embattled Conor McGregorMike Tyson: Battling HeightsTyson has successfully defeated some of his biggest rivals despite being shorter than them. He thinks Francis Ngannou can also do the same what he did for so many years.Have a look at one of Mike Tyson’s best battles he won despite being shorter in height than his rival.Mike Tyson (1.78m) vs Tony Tucker (1.96m)Tony Tucker was a highly taller man and was going to face Mike Tyson as 34-0 in the fight. A lot of fans considered that Tucker will defeat Tyson but that surely didn’t happen. Mike Tyson gained an impressive decision in the match. First Published: 9th November, 2019 14:42 IST 9 months ago Mary Kom recognised as Olympian, gets post-nominal title ‘OLY’ Raj Sarkar FOLLOW US 10 months ago WATCH: Mike Tyson teaches UFC contender Francis Ngannou boxing movescenter_img COMMENT Written By WATCH US LIVE 10 months ago UFC News: Mike Tyson has some advice for embattled Conor McGregor 10 months ago AIBA ban can take away champions of future: Tyson Fury WE RECOMMEND LIVE TV 10 months ago UFC News: Fight results and detailslast_img read more