Technology

Up-and-Coming Chinese Skincare Expert PMPM Bags International Industry Influential Brand Award at United Nations Forum

Published

6 months ago

June 28, 2024

NEW YORK, June 28, 2024 /PRNewswire/ — The emerging beauty brand, PMPM, cliched the International Industry Influential Brand Award at the Corporate Globalization and Sustainable Development Forum 2024 organized by the United Nations (UN). During the event, Shan Shuo, CEO of PMPM’s parent company Shin Corporation, signed the China Brand UN Declaration. The landmark moment coincided with the unveiling of the brand’s declaration alongside its new Chinese identity, Pian Pian, at New York’s Times Square, concluding PMPM’s remarkable four-year growth as it is posed to open up a new chapter on its go-global journey.

Chinese beauty brands, or “C-beauty” brands, are edging out J-Beauty (Japanese) and K-Beauty (Korean) brands to secure high recognition from domestic consumers in recent years. Born in a digital-first environment, C-brands, more adept with online sales channels, experienced a 51% growth from 2017 to 2022, higher than the 42% in the market overall, according to data from Euromonitor International.

In the first half of 2023, China’s beauty product exports reached $2.8 billion (20.9 billion RMB), a 32.5% increase from the year before, according to China Customs. The continuous success in the overseas market has further boosted the confidence in C-brands in capturing a larger international market share. PMPM, founded in China with a global vision, is one of these beauty startups that has risen quickly to the top of the C-Beauty charts.

On May 8, 2024, the UN Headquarters hosted an event aimed at enhancing CSR practices among Chinese companies, facilitating their integration into the global market while boosting their international competitiveness. PMPM was among the 20-plus China-based rising stars and international enterprises, that took to the stage to share their brand success and stories behind their rapid global expansion rooted in sustainable development principles.

As the youngest China homegrown brand listed in the Chinese Brand Innovation Development Project, PMPM has embedded globalization in its DNA from inception, partnering with top-tier scientific institutions such as Leibniz Research Institute for Environmental Medicine (IUF) to design and develop skincare solutions for young consumers in China. PMPM’s R&D endeavor allows it to bridge the gap in dermatology development for China’s demographics, carving out a niche market that focuses on innovative, science-based skincare tailored to the specific needs of Chinese youth.

Technological prowess aside, PMPM’s brand spirit deeply resonates with its followers. The name, which is inspired by the French phrase “Pour le Monde Pour le Monde”, invites users to “go to the world, explore the world”, encouraging a sense of adventure and discovery that aligns with the brand’s mission to merge high-quality ingredients from the East and West, creating a unique fusion that caters to the evolving skincare needs of its global-minded consumers.

PMPM’s innovative approach to skincare formulas has proven successful. Its Truffle Collagen Bottle, an anti-aging product that combines black truffles from Yunnan, China, and white truffles from Italy’s Piedmont Forest, has become one of the best-selling beauty products in China. Another market champion is PMPM’s Rose Essential Oil, a brightening and repairing solution sourced from China’s crimson glory with French rosa centifoliato.

“Being able to stand on the stage of UN validates our brand spirit of ‘No Destination is Too Far.’ Last year, we established our global R&D team, bringing together a host of leading skincare scientists from around the world, coupled with multiple innovation centers established in Europe and Asia to strengthen our fundamental research,” said Shan Shuo, CEO of PMPM.

“For product innovation, we strategically partner with world-leading global ingredient R&D laboratories to craft high-quality products, earning 58 patents and international quality certifications and contributing to industry standards. On the environmental front, PMPM has adopted eco-friendly packaging, saving an estimated 30,000 rolls of plastic tape annually and using FSC-certified paper to minimize environmental impact. Our years of dedication to sustainability culminated in achieving an ESG certificate in this June, a testament to our social responsibility accomplishments, received from the NOA Testing & Certification Group.” she added.

Looking forward to future growth after building a strong domestic and international footprint, PMPM remains committed to scaling up investment in product research. Dedicated to sustainability, biodiversity, philanthropy, and ecological preservation, PMPM is driven to create value for society, the environment, and corporate development through innovation as it continues to evolve into a global brand that fulfils social responsibility and pushes the boundaries of personal skincare.

With the unveiling of our Chinese brand name, PMPM has completed its metamorphosis from a brand being made in China to made for China, which launches PMPM into a new era that will see the brand drive deeper connections with local consumers with unique, innovative beauty formulas.

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SOURCE PMPM

Technology

Macrogen Consortium win tender for National Bio Big Data Project

Published

28 seconds ago

December 23, 2024

Illumina is proud to be selected as sequencing technology partner to the Macrogen Consortium.

SEOUL, South Korea, Dec. 23, 2024 /PRNewswire/ — Macrogen a global healthcare company that specializes in precision medicine and Illumina Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, announced today that they are honoured to support the National Bio Big Data project by sequencing and analysing 145,952 Korean genomes.

The National Bio Big Data Project project has been running in Korea as a pilot project since 2020. During this period about 20,000 genomes were analysed, 10,000 of these including people with a rare disease. The ultimate goal is to enable precision medicine by building a reference genome for about 770,000 Koreans by 2028 and a total of 1 million by 2032.

“Being a part of this step change to improving public health in Korea through the voluntary collection and analysis of genomic, clinical and life record information from the general public, is paramount to ensure precision medicine becomes a standard of care for all Koreans,” said Changhoon Kim, CEO Macrogen.

“Illumina is pleased to be a part of the Korean bio industry ecosystem and to participate in such an important national project. We look forward to contributing to Korea by bringing our expertise and lessons learned from our direct involvement in leading pop gen projects around the world,” said Robert McBride, General Manager of Illumina Korea.

People across the globe have very similar genes but a small number of variants between populations can impact health. For example, some variants are associated closely with particular diseases such as cystic fibrous.[1]These variants can present differently in populations and have a significant impact on how individuals respond to medicines and treatments. Therefore, it is beneficial for Koreans to have information available that is unique to them.

Worldwide, the number of pop gen projects is expanding rapidly, including the UK, Japan, Singapore, Qatar, the United Arab Emirates, and Nigeria.

“Population genome projects are growing worldwide with many programs reaching significant milestones. But despite this inequity remains with the majority of genome datasets being of European descent. This means we have a lot of information how to develop drugs for European populations but this doesn’t translate in any meaningful way to other nationalities,“ said Robert McBride.

Population genomics provides a platform for industry engagement and investment, specifically in the pharmaceutical, biotechnology, and data sectors. By integrating large, diverse data sets and using advanced computing technology (such as artificial intelligence or machine learning), health systems and partners are optimally positioned to unlock the power of the genome even further, while improving quality of life and care and fostering economic growth.

“Precision medicine is changing how diseases are treated and this benefits everyone. For patients, treatments often work better when decisions are based around an individual’s genome, for drug companies it can reduce cost of development and for governments there are long term savings related to less waste and healthier patients,” said Changhoon Kim.

References

[1] https://www.genome.gov/about-genomics/educational-resources/fact-sheets/human-genomic-variation#:~:text=How%20do%20peoples’%20genomes%20vary,person%20responds%20to%20certain%20medications.

About Macrogen

Macrogen is a global genetic service provider, partnered with over 18,000 scientists in 150+ countries, and with more than 20 years of experience in the industry.

Established in 1997, from the Genome Medical Research Institute of Seoul National University, Macrogen has become a major service provider and consulting agent for government agencies, universities and research institutes around the world.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit www.illumina.com and connect with us on X (Twitter), Facebook, LinkedIn, Instagram, TikTok, and YouTube.

About the Consortium

Macrogen Consortium members include the following companies: DNA Link, Theragen Bio, and CG Invites

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SOURCE Illumina

Technology

As 2025 IRS Mileage Rate Hits 70 Cents, Expert Warns: Ditch Risky Apps for Secure Paper Tracking

Published

5 hours ago

December 22, 2024

Gig economy expert Ed Ryder warns against the risks of mileage tracking apps, and advocates using paper-based tracking methods instead. He introduces The Big Mileage Form, a secure alternative developed over two years to meet the specific needs of food delivery gig workers. Ryder highlights recent tech failures, like the July 2024 global IT outage, to underscore the vulnerabilities of digital solutions. The press release also mentions Ryder’s significant mileage deduction using his form and directs readers to GigCoach.net for additional resources, including a consumer tutorial to drive better food delivery outcomes and a gig coach training program.

PHILADELPHIA, Dec. 22, 2024 /PRNewswire-PRWeb/ — As the IRS announces a standard mileage rate of 70 cents per mile for 2025, gig economy expert Ed Ryder, who has completed over 10,000 deliveries with his own car using major food delivery platforms, urges fellow gig workers to reconsider their mileage tracking methods. While acknowledging the convenience of digital solutions, Ryder advocates for a return to secure, paper-based tracking to protect valuable mileage deductions.

With the mileage rate at 70 cents, accurate tracking is crucial for gig workers and small business owners. Mileage apps seem convenient, but they risk data loss from outages, glitches, and cyber attacks. Many overlook these significant dangers.

“With the mileage rate increasing to 70 cents, accurate tracking is more crucial than ever for gig workers and small business owners,” says Ryder, creator of The Big Mileage Form. “While mileage tracking apps seem convenient, they come with significant risks that many overlook. Network outages, app glitches, and cyber attacks can jeopardize months of data.”

Ryder points to the July 2024 global IT outage as a prime example of technology’s vulnerabilities. “A faulty software update caused mass airline disruptions and impacted other industries, catching major corporations off guard. This incident highlights that even in our digital age, software isn’t infallible. For me, I simply won’t trust mileage tracking apps with my most important tax deduction.”

To address these concerns, Ryder developed a comprehensive, paper-based solution. “I spent two years perfecting The Big Mileage Form, tailoring it to the specific needs of food delivery gig workers,” he explains. “At 11×17 inches, it provides ample space for detailed record-keeping and, crucially, it’s immune to software glitches, data breaches, and ransomware attacks.”

Ryder’s meticulous paper-based record-keeping resulted in a mileage deduction exceeding $19,000 on his 2023 federal taxes. “All my business-related miles are thoroughly documented on paper. I’m fully prepared to defend this deduction in case of an audit. This level of confidence is what I aim to provide other gig workers.”

“In today’s digital age, sometimes the most secure solution is the simplest one,” Ryder concludes. “My form not only ensures data security but also prepares users for potential IRS audits. It’s time to reconsider the old-fashioned, but reliable pen-and-paper method.”

For those interested in learning more about effective mileage tracking and other aspects of gig work, Ryder offers valuable resources on GigCoach.net. These include a tutorial for consumers titled ‘Fair Deal Delivery,’ which provides insights on how to improve food delivery outcomes. Additionally, experienced food delivery couriers can explore Ryder’s gig coach training program. Visit GigCoach.net to access these resources and learn more about The Big Mileage Form.

Media Contact

Ed Ryder, Match Experiment LLC, 1 484-493-8740, hello@ideamaned.com, gigcoach.net

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SOURCE Gig economy expert Ed Ryder

Technology

DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Ascension Health Customers Whose Data May Have Been Compromised

Published

5 hours ago

December 22, 2024

NEWTOWN, Pa., Dec. 22, 2024 /PRNewswire/ — The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by Ascension Health (“Ascension”). Ascension learned of suspicious activity on or about May 8, 2024. To join this case, go HERE.

About Ascension Health

Ascension is a prominent non-profit health system in the nation and operates under Catholic principles.

What happened?

On or about May 8, 2024, Ascension detected unauthorized activity in its computer systems. Ascension initiated an investigation, which included retaining consulting cybersecurity experts and notifying the FBI. The investigation determined that between May 7 and 8, 2024, a cybercriminal accessed files containing personal information about Ascension’s patients and employees. This information included names, medical records, payment details, insurance information, government identification numbers, and other personal data such as dates of birth and addresses. Approximately 6 million individuals have been affected by this data breach.

How can I protect my personal data?

If you receive a data breach notification, you must guard against possible misuse of your personal information, including identity theft and fraud, by regularly reviewing your account statements and monitoring your credit reports for suspicious or unauthorized activity. Additionally, you should consider legal options for mitigating such risks.

Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for customers whose sensitive personal and patient data may have been compromised by the Ascension data breach.

For more information, please contact:

Marc H. Edelson, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492
Email: medelson@edelson-law.com
Web: www.edelson-law.com

About Edelson Lechtzin LLP
Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving data breaches, our lawyers focus on class and collective litigation in cases alleging securities and investment fraud, violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and catastrophic injuries.

This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so counsel does not represent you unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing now. Your ability to share in any potential future recovery does not depend on serving as lead plaintiff.

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SOURCE Edelson Lechtzin LLP