Daily Archives: October 8, 2012

Biotech, Business, Healthcare, Pharmaceuticals

Sprint Bioscience Strengthens Its Cancer Metabolism Portfolio

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Sprint Bioscience, a Swedish company developing oncology therapeutics targeting cancer metabolism, announced today that it has raised money to strengthen its drug discovery portfolio.

The investment by Första Entreprenörsfonden and Almi Invest will enable the company to continue to build a pipeline of drug discovery projects within cancer metabolism.

“We are investing in Sprint Bioscience because we consider their entrepreneurial drive and their particular skills in drug development to be key success factors for the changing environment of the future pharmaceutical industry. Sprint Bioscience’s business strategy involves out-licensing or collaborating at an early stage of drug discovery to ensure that projects are developed with a focus on current and relevant market needs,” says Rune Nordlander, partner at Första Entreprenörsfonden.

Sprint Bioscience is a company founded by experienced drug hunters with an ambition to improve the drug discovery process. “We believe in small organisations with effective working procedures and collaborations throughout the sector,” says the company’s CEO and co-founder, Dr. Anders Åberg.

“Sprint Bioscience has developed an efficient, fragment-based drug discovery (FBDD) platform that can take parallel projects from initial idea to active molecules tested in cell-based systems in a very short time” Anders Åberg continues. Our goal is to align the early phase in the laboratory with pharmaceutical companies’ needs.

Targeting the metabolism in tumours provides exciting opportunities to develop drug therapies with novel mechanisms of action. This could be used to overcome the resistance that many cancer cells develop to current treatments.

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For further information, please contact:

Anne-Marie Wenthzel, Director Business Development, Sprint Bioscience AB
Tel: +46-8-411 44 55
Cell Phone: +46-739 399 330
E-mail: amw@sprintbioscience.com

Anders Åberg, CEO and co-founder, Sprint Bioscience AB
Tel: +46-8-411 44 55
Cell Phone: +46-762 738 777
E-mail: anders.aberg@sprintbioscience.com

Contact Details: Sprint Bioscience
Teknikringen 38A
S-114 28 Stockholm
Sweden
Tel: +46 (0)8-411 44 55
info@sprintbioscience.com
www.sprintbioscience.com

Business

Mark Cuban Invited to Meet High-Frequency Trading Mavericks at Chicago Shark Tank, October 9

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Golden Networking brings the World’s Most Influential High-Frequency Trading Conference Series, High Frequency Trading Leaders Forum 2012, now in Chicago, October 9, and London, December 12 (www.High-Frequency-Trading-Conference.com).

New York City, NY, USA (October 7, 2012) — Mark Cuban has compared high-frequency traders to hackers. Just as hackers search for and exploit operating system and application shortcomings, high frequency traders do the same thing, he said. Moreover, Cuban adds that a hacker wants to jump in front of your shopping cart and grab your credit card and then sell it. “A high frequency trader wants to jump in front of your trade and then sell that stock to you. A hacker will tell you that they are serving a purpose by identifying the weak links in your system. A trader will tell you they deserve the pennies they are making on the trade or the rebate they are getting from the exchange because they provide liquidity to the market.”

That’s why Cuban has been invited to meet high-frequency trading mavericks at High Frequency Trading Leaders Forum 2012, (http://www.High-Frequency-Trading-Conference.com), this time in the windy city, Chicago, October 9. As of this time, Cuban must be enjoying the first “El Clasico” crash of the Spanish season, Barcelona and Real Madrid, at Camp Nou, before returning to the US.

Cuban has predicted that there will be another flash crash, worse than the May 2010 flash crash, he says, simply because there are too many players looking for the trillion dollar score. “They can’t all win, yet how many do you think wouldn’t risk everything, even what is not theirs, for that remote chance to score big? Put another way, there is zero recognition of the moral hazard attached to every trade. So why wouldn’t traders take the biggest risk possible?”

He concludes: “There is value to trading automation. It is here to stay. There is absolutely NO VALUE to High Frequency Trading. None. We need to bring our markets back to their original goals of creating capital for business. It’s impossible to guess how many small to medium size companies have been held back from growing and creating jobs and wealth because of lack of access to capital from the stock market. It’s not impossible to know that our economy has suffered because Wall Street equity markets are no longer a source of equity for helping companies grow, it is not a platform for hackers and that needs to change. Quickly.”

High Frequency Trading Leaders Forum 2012, “How Knight Capital’s ‘Knightmare on Wall Street’ Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers” (http://www.HFTLeadersForum.com), will provide attendees in Chicago and London with the most up-to-date review of where this ever-changing industry stands and how new technology and regulatory developments will impact it. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

High Frequency Trading Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
516-761-4712
jpetrova@goldennetworking.net
http://www.goldennetworking.net

Travel

Luxury Travel Ltd to Unveil An New Half Day Tour to Exotic Places in Countryside of Hanoi

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Vietnam’s first Luxury Tour Operator (www.luxurytravelvietnam.com) often offers new tours for discerning travelers and has just announced a new half day tour to Co Loa Citadel, Saint Giong Temple and Thanh Chuong Palace from Hanoi.

Hanoi, Vietnam, Oct 08, 2012 – Luxury Travel Ltd. has served the luxury travel industry for many years, and their staff has acquired first-hand knowledge about the luxury travel market in Vietnam. Their advisors have visited their recommended destinations, and have personally checked out the finest hotels, resorts, restaurants, unique optional tours designed for discriminating travelers.

At 8:30 am travelers will be picked up at their hotel in Hanoi and driven to Co Loa Citadel. Co Loa Citadel is a fortress in the Red River Delta, about 20 km north of Hanoi. The fortress is spiral-shaped, and it is composed of the outer walls and the citadel. Archaeologists revealed some fragments of Dong Son pottery and a large number of bronze objects. In Co Loa Citadel, there are also two remaining temples.

Travelers will then drive to Soc Son Temple, which was built around 980 and restored thirteen times, but still keepingits traditional architectural style. If travelers climb up to the pagoda on the top of the mountain, they can see the bronze Buddha statue, weighing 20 tons and standing 8.4 meters high. Also, on the side of pagoda, there is the Buddhism Institute.

Thanh Chuong’s Viet Phu (or Thanh Chuong Palace) sits on 3 hectares in the Hien Ninh Commune. Built in 2001, the estate incorporates a multitude of buildings reflecting the diversity of Vietnam’s architectural heritage. Each of the buildings contains historic antiques and works of art. Throughout the buildings there are many Buddha statues and ceramic, pottery and stone objects, which Thanh Chuong has been collecting for the last 30 years. (closed on Mondays)

Home and studio to one of the most celebrated painters in Vietnam, Thanh Chuong Palace shines as an architectural gem showcasing traditional cultural objects, exquisite antiques and compelling structures. A living space as opposed to a museum, regardless of whether history and art are your prime interests, a visit here impresses both the novice and the expert.

“Our purchasing team and product development ensures fresh, trendy and innovative products in the market. We often announce new tours in Vietnam. This half day trip takes you to discover the lush countryside of Hanoi, the historic Co Loa Citadel, Soc Son Temple (honoring Saint Giong) and the amazing Thanh Chuong Palace. When you book this trip, you will enjoy a leisurely tour to the countryside, its villages, rice fields, temples and pagodas. You will also have a chance to meet with a famous artist, and have a cup of tea in a unique place before continuing back to the capital at 12:30. After the tour, you are freee to resquest a drop off service at the Noi Bai Airport for free of charge. This tour can be taken in the afternoon from 1 pm to 6 pm if desired.” said Tony Pham, Product Manager of Luxury Travel Ltd.

Vietnam’s first luxury tour operator/DMC (www.luxurytravelvietnam.com) is based in Hanoi, with offices throughout Vietnam, Cambodia, Laos, Myanmar and Thailand. Luxury Travel is exceptional at designing tailor-made tours and providing unique travel experiences. Opened in 2004, the Luxury Travel Company Limited has its own offices, luxury vehicles, luxury travel advisors, and representative offices in California, London,Paris, and Sydney. The company’s depth of experience and large infrastructure enable it to create unique itineraries with the operational confidence to fulfill client expectations. Luxury Travel Ltd. has won numerous travel awards for excellent performance including the most recent “The Years’ Best” of the Guide Awards in 2012. www.facebook.com/luxurytravelcompany

Contact:
David Nguyen
Sales and Marketing Manager
Luxury Travel Group Ltd
05 Nguyen Truong To Str.,
Ba Dinh Dist, Hanoi 84444
Vietnam
84439274120
marketing@luxurytravelvietnam.com
http://www.LuxuryTravelVietnam.com