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Senior Life Sciences Executives Launch Enovo Life Sciences, in Partnership with Warburg Pincus

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NEW YORK and OORDEGEM, Belgium, Oct. 7, 2024 /PRNewswire/ — Life sciences industry veterans, Mario Philips and Roel Gordijn, today announced the launch of Enovo Life Sciences (“Enovo”), in partnership with Warburg Pincus, a leading global growth investor. Enovo will focus on identifying and acquiring one or more companies to build a market-leading life sciences platform serving the biologics and advanced therapies end markets. Enovo is backed by Warburg Pincus, which is currently investing out of its latest $17.3 billion global flagship fund, Warburg Pincus Global Growth 14 (“WP GG 14”).

Enovo is led by Mario Philips and his longtime colleague, Roel Gordijn. Mr. Philips and Mr. Gordijn collectively have over 50 years of leadership experience in the life sciences sector, including in vaccine and antibody manufacturing and, more recently, in the rapidly growing field of Advanced Therapy Medicinal Products. They played key roles in Warburg Pincus’ investment in Polyplus, a leading provider of upstream solutions for cell and gene therapies, where they oversaw significant organic growth and strategic acquisitions until its ultimate €2.4 billion sale to Sartorius Stedim Biotech last year.

Prior to his role as CEO of Polyplus, Mr. Philips, based in Belgium, held executive positions at Danaher/Pall Biotech, a leading life sciences company, and ATMI Life Sciences, a global technology company and leader in single-use bioprocessing solutions. Prior to his role as Chief Commercial Officer at Polyplus, Mr. Gordijn, based in the Netherlands, held a variety of executive roles at Danaher/Pall Biotech, ATMI Life Sciences, and Lonza.

Mario Philips, CEO, said, “Enovo Life Sciences will focus on acquiring one or more companies with proven capabilities and compelling growth potential with the aim of building a scaled, market-leading life sciences business. This platform will provide companies with the capital necessary to enable innovation that meets the needs of customers and patients, with the support of Warburg Pincus and its global network. We are well-positioned to invest in and develop a sizable platform where the latest technology and a sharp focus on value creation can unlock further growth.”

Roel Gordijn added, “We are thrilled at the prospect of building Enovo Life Sciences and continuing the success story we’ve had previously with Warburg Pincus. This investment will allow us to pursue partnerships with businesses with truly differentiated offerings and expertise. We are excited to partner with companies across the U.S., Europe and beyond, that are leaders in their respective fields.”

“The launch of this platform underscores our commitment to working with management teams and companies that support the delivery of innovative life sciences products and services worldwide. We strongly believe in the immense opportunity and the impact that biologics and advanced therapies can have on patients,” said T. J. Carella, Managing Director, Head of Healthcare, Warburg Pincus. “Mario and Roel have an unparalleled track record of leading and growing global businesses in life sciences and are the ideal executives to launch and build a platform that supports the development and delivery of life-changing therapies,” added Ruoxi Chen, Managing Director, Warburg Pincus.

Enovo will be supported by Warburg Pincus teams in London, New York and other global offices. The launch of Enovo follows Warburg Pincus’ announcement of Jake Strauss leading the healthcare investing practice in Europe, highlighting the firm’s commitment to healthcare investing at a global scale.

Since inception, Warburg Pincus has invested over $18 billion in more than 180 healthcare companies, including Summit Health, Modernizing Medicine, Ensemble Healthcare Partners, and Global Healthcare Exchange, and has been an active investor in life sciences, with investments in Norstella, PolyPlus, Simtra, Sotera Health, and Bausch + Lomb, among others.

About Warburg Pincus

Warburg Pincus LLC is a leading global growth investor. The firm has more than $83 billion in assets under management. The firm’s active portfolio of more than 225 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Since its founding in 1966, Warburg Pincus has invested more than $117 billion in over 1,000 companies globally across its private equity, real estate, and capital solutions strategies. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com. Follow us on LinkedIn.

Contact

info@enovolifesciences.com

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SOURCE Enovo Life Sciences

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Ricky Power Joins Stoch Analytics as Chief Growth Officer

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NEW YORK, Oct. 7, 2024 /PRNewswire/ — Stoch Analytics Limited, a software company based in Ireland, today announced that Ricky Power has joined the company as its Chief Growth Officer. In his new role, Mr. Power will lead the company’s sales, marketing, and business development activities.

“Stoch Analytics has an amazing team and a fantastic set of products,” said Chris Stiefeling, CEO and cofounder of Stoch Analytics. “Ricky joins us at the perfect time in our journey and will help us to unlock the incredible potential of what we have built. Ricky knows the actuarial market exceedingly well and fully appreciates the value and cost savings that we can deliver to life insurers around the world.”

Stoch Analytics develops, sells, and supports high-performance stochastic modeling solutions for the life insurance industry. These solutions include the company’s flagship Atlas software suite used for pricing, valuation and projection of insurance asset and liability portfolios. Atlas is well known for running 100 to 200 times faster than many competing products and is licensed by some of the world’s largest insurance companies. The company acquired the Atlas software suite from Oliver Wyman in 2023.

Mr. Power formerly led AXIS actuarial software sales globally at Moody’s Analytics. His focus for over a decade has been helping life insurers to find the best solutions for their actuarial modelling, financial reporting and scenario generation needs.

“The Stoch Analytics team have a long and rich history providing best of breed actuarial solutions. They have continuously modernized as they developed so customers can benefit from continuous improvement in features and functionality while enjoying unrivalled raw compute power and calculation speed,” said Ricky Power, Chief Growth Officer of Stoch Analytics. “I am very excited to join the team to support our growing customer base.”

About Stoch Analytics Limited

At Stoch Analytics, we deliver industry-leading modeling solutions to help life insurers navigate the stochastic world. Our flagship Atlas actuarial modeling suite has been in production at top insurers around the globe for more than 20 years. Formerly part of Oliver Wyman, we opened a new chapter by establishing Stoch Analytics in 2023, enabling us to focus on providing software and services for actuarial and risk management applications. For more information, visit www.stochanalytics.com.

Media Contact:
inquiries@stochanalytics.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ricky-power-joins-stoch-analytics-as-chief-growth-officer-302268731.html

SOURCE Stoch Analytics Limited

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CobbleStone Software’s Highly-Anticipated User Conference Is Only Days Away

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The 2024 CobbleStone Software user conference is taking place next week in vibrant Las Vegas.

PRINCETON, N.J., Oct. 7, 2024 /PRNewswire-PRWeb/ — CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – continues its tradition of hosting an immersive and educational conference event from October 16th to the 18th.

“Attendees will have a great time networking with like-minded individuals within the contract management space, and we look forward to hosting and educating about the vast benefits of efficient AI powered CLM solutions,” – Bradford Jones, VP of Sales and Marketing at CobbleStone

Attendees can expect a powerful conference packed with industry speakers, an exciting agenda, interactive workshops, and much more. Surrounded by contract management and procurement leaders, innovators, and experts, attendees will be exposed to great networking opportunities. With a high number of registrants, CobbleStone® is prepared to maintain its successful user conference track record by engaging with CobbleStone Contract Insight® users and prospective users next week.

While the conference will take place from Wednesday, October 16th to Friday, October 18th, prospective users have registered for a one-day-only complimentary contract management conference on Thursday, October 17th.

Some conference highlights will include:

Thought leadershipNetworking opportunitiesInteractive sessionsCLE sessionsExciting keynote speakerAnd much more

To view the full conference agenda, click here.

“We are very excited that attendees are days away from witnessing the immersive and thought-provoking conference. Attendees will have a great time networking with like-minded individuals within the contract management space, and we look forward to hosting and educating about the vast benefits of efficient AI powered CLM solutions,” says Bradford Jones, VP of Sales and Marketing at CobbleStone Software.

Contact CobbleStone Software for a free demo.

For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.

About CobbleStone Software:

CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone’s contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.

Follow CobbleStone Software on social media:

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To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone’s Contract Insights blog.

Media Contact

Simran Bains, CobbleStone Software, 866-330-0056, Marketing@CobbleStoneSoftware.com, https://www.cobblestonesoftware.com/ 

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View original content to download multimedia:https://www.prweb.com/releases/cobblestone-softwares-highly-anticipated-user-conference-is-only-days-away-302267547.html

SOURCE CobbleStone Software

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aelf and Gaia Hosted Hello [AI], Bringing Together AI and Blockchain Innovators at TOKEN2049 Week

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aelf’s AI-themed event kicked off Singapore’s TOKEN2049 week, paving the way for the future of AI-blockchain integration

SINGAPORE, Oct. 7, 2024 /PRNewswire/ — aelf, a leading AI-enhanced Layer 1 blockchain network, hosted Hello [AI] on 16 September 2024, with co-host Gaia. The event successfully kicked off Singapore’s TOKEN2049 week, attracting a capacity crowd of AI and blockchain enthusiasts, industry experts, and Web3 innovators at SKAI Loft, Swissôtel. Attendees included AI and blockchain enthusiasts, developers, industry experts, and Web3 leaders, looking to explore the fusion of AI and blockchain.

Supported by Google Cloud and Microsoft, and featuring partners such as Asia Blockchain Gaming Alliance (ABGA), NEAR, Plug and Play, Sapien, and SchellingAI, Hello [AI] underscored the growing synergy between AI and blockchain. The event provided a vibrant platform for discussion, thought leadership, and networking, signalling the critical role blockchain technologies will play in the future of digital innovation.

Advancing the AI-Blockchain Dialogue

At the heart of Hello [AI] was a focus on AI and blockchain integration. Brian Liang, COO of aelf, delivered the keynote, sharing aelf’s vision of an AI-enhanced blockchain ecosystem.

He emphasised the importance of community engagement in shaping this future and highlighted key developments from aelf’s Whitepaper v2. This includes aelf’s recent successful deployment of AI-powered audits for smart contracts and the integration of machine learning for smart contract optimisation. Liang also revealed upcoming developments, such as the rollout of aelf’s AI oracle and the use of natural language processing (NLP) to simplify smart contract creation.

Panel Discussion: AI-Powered Blockchain Application

A lively panel discussion moderated by Khaniff Lau, Business Development Director at aelf, featured key figures exploring the future of AI-enhanced blockchain applications. Panellists included Sydney Lai, Head of Developer Advocacy at Gaia; Steve Shirkey, Director of Azure AI for ANZ, ASEAN, and Korea at Microsoft; Chris May, Head of Global Sales at Sapien; and CC Chen, AI Blockchain Expert at Google Cloud.

The panel explored the potential of AI-powered blockchain applications, delving into real-world use cases and addressing challenges such as AI hallucinations. The panellists shared insights on improving the integration of AI in decentralised applications, enhancing interoperability between AI and blockchain systems, and overcoming technical barriers to adoption.

Fireside Chat: Can AI Become Truly Decentralised?

In a thought-provoking fireside chat moderated by Khaniff Lau, Emad Mostaque, Founder of Schelling AI, and Luki Song, Head of Ecosystem & Strategy at Chainbase, explored the potential for AI to not just exist within decentralised systems, but to actively function in a fully decentralized manner.

This discussion highlighted blockchain’s capacity to address key concerns around data ethics, trust in algorithms, and the infrastructure necessary to support decentralised AI, while offering insights into how decentralisation could reshape the AI landscape.

Interactive On-Chain Entertainment and Engagement

Beyond discussions, Hello [AI] offered on-chain, hands-on experiences. Attendees gamified their event participation by voting for music genres via TMRWDAO‘s Votigram bot on Telegram, weaving decentralisation into entertainment. Guests also collected Crypto Boxes, with rewards in the form of $ELF tokens, and $SGR tokens from Project Schrodinger, the world’s first AI-powered 404 NFT collection. These elements showcased blockchain’s ability to seamlessly integrate into real-world experiences and provide tangible rewards through decentralised technologies.

aelf’s Vision for a Decentralised, AI-Enhanced Future

Hello [AI] kickstarted this year’s TOKEN2049 and signified aelf’s pivotal role in advancing decentralised AI and blockchain technologies. The success of Hello [AI] sets the stage for aelf’s role as a pioneer in AI and blockchain convergence. “We are excited by the collective brilliance and shared vision within our community,” said Brian Liang. “As we continue to evolve, we invite more innovators to help us shape the future of Web3.” As aelf continues to lead the way in AI-blockchain integration, Hello [AI] underscored the network’s commitment to building a decentralised, AI-enhanced future for the global Web3 ecosystem.

Stay updated on aelf’s news and engage with the aelf community on:

Website: https://aelf.com 

Telegram: https://t.me/aelfblockchain  

Discord: https://discord.gg/aelfblockchain

About aelf

aelf, an AI-enhanced Layer 1 blockchain network, leverages the robust C# programming language for efficiency and scalability across its sophisticated multi-layered architecture. Founded in 2017 with its global hub in Singapore, aelf is a pioneer in the industry, leading Asia in evolving blockchain with state-of-the-art AI integration and modular Layer 2 ZK Rollup technology, ensuring an efficient, low-cost, and highly secure platform that is both developer and end-user friendly. Aligned with its progressive vision, aelf is committed to fostering innovation within its ecosystem and remains dedicated to advancing Web3 and AI technology adoption.

For more information about aelf, please refer to our Whitepaper V2.0: https://docs.aelf.com/resources/whitepaper-2/ 

About Gaia

Gaia is a pioneering decentralized AI platform dedicated to transforming knowledge into a dynamic, secure, and collaborative ecosystem. By bridging the gap between centralized AI solutions and open-source models, Gaia offers a unique network of living knowledge organisms that adapt and grow continuously. Our platform empowers knowledge holders to protect and monetize their intellectual property while enabling developers to build innovative, smarter applications on top of a secure, evolving foundation. With a commitment to privacy, adaptability, and collaboration, Gaia is redefining the future of AI, making knowledge a vibrant, protected, and accessible resource for all.

Disclaimer: The information provided in this press announcement is for general informational purposes only and does not constitute legal, financial, or investment advice. aelf makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, or reliability of the information provided in this press announcement. Any reliance you place on such information is strictly at your own risk. Blockchain technology and cryptocurrency involve inherent risks, including but not limited to market volatility, regulatory changes, and potential security vulnerabilities. By accessing and using the information provided in this press announcement, you agree to indemnify and hold aelf, its officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, or expenses arising out of or in connection with your use of the information. aelf reserves all rights not expressly granted in this press announcement.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aelf-and-gaia-hosted-hello-ai-bringing-together-ai-and-blockchain-innovators-at-token2049-week-302268834.html

SOURCE aelf

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