Day: May 13, 2023

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ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Telephone and Data Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TDS, TDSPrU, TDSPrV

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Telephone and Data Systems, Inc. (the “Company” or “TDS”) (NYSE: TDS, TDSPrU, TDSPrV) between May 6, 2022 and November 3, 2022, both dates inclusive (the “Class Period”), of the important July 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased TDS securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Company and its subsidiary, United States Cellular Corporation (“UScellular”), made false and/or misleading statements and/or failed to disclose that: (1) defendants had no reason to believe UScellular’s “free upgrade” promotional activity, which was tested and trialed during the second quarter of 2022, was effective at reducing the Company’s postpaid churn rate as they represented to investors, as opposed to merely adding new postpaid subscribers, when its churn rate was actually increasing or remaining constant over most quarters in the class period; (2) UScellular was not making progress with respect to its churn rate, as it represented to investors; (3) UScellular was not in fact balancing its promotional activity and its profitability; (4) due to extreme competition among postpaid carriers, UScellular did not have the flexibility to offset the costs from widespread, expensive promotions with price increases; and (5) as a result of the Companies’ decision for UScellular to continue engaging in heavy promotions to address its postpaid subscriber churn rate despite any lack of positive impact on churn rate, UScellular’s profitability substantially declined. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8838498

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Insilico Medicine Founder and CEO to Give Keynote on Disease Modeling with AI at PEGS Boston

Abu Dhabi, May 12, 2023 (GLOBE NEWSWIRE) — Insilico Medicine, a generative artificial intelligence (AI)-driven drug discovery company, announced that Alex Zhavoronkov, PhD, founder and CEO of the Company, will attend the PEGS Boston Summit from May 15-19. He will deliver a keynote presentation on “The State of the Science in Disease Modeling Across Diverse Indications” on May 15 at 11AM at the Hynes Convention Center and join in an interactive discussion on May 15 at 12:45PM.

In his presentation, Dr. Zhavoronkov will make the first announcement of peptide-based drug design strategies and Generative Biologics, a new engine that belongs to the company’s end-to-end AI-driven drug discovery platform Pharma.AI that leverages hundreds of millions of biological data points, machine learning algorithms, and generative biology models to build and design polypeptides from scratch.

A team of expert scientists are developing Pharma.AI at the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Center in Abu Dhabi, the region’s largest AI-powered biotechnology research center.

“We are at an exciting moment in the history of generative AI in drug discovery,” says Zhavoronkov. “Thanks to years of accumulated data and technological advances in generative AI, we can find targets and design new small molecules for hard-to-treat diseases with incredible speed and efficiency working in close partnership with pharmaceutical companies. We look forward to using generative AI to explore diverse drug development strategies.”

Insilico Medicine was one of the first companies to use generative adversarial autoencoders for de-novo drug discovery. In 2016, the Company introduced the earliest iternation of its generative biology tool for identifying novel targets with a publication in Nature Communications. Another publication followed in Oncotarget, demonstrating how Insilico could employ generative algorithms with reinforcement learning to design novel small molecules with predefined and optimized properties. By 2018, Insilico integrated generative biology and chemistry approaches into the commercially available Pharma.AI platform that accelerates the process of lead discovery from years to days, and is currently being utilized by 11 of 20 top pharmaceutical companies.

The Company has also utilized the platform to develop its own robust pipeline of assets, including two drugs – for idiopathic pulmonary fibrosis and COVID-19 – currently in clinical trials and many potentially best-in-class and first-in-class assets in preclinical stages of development available for licensing. In total, Insilico has 31 programs across 29 targets, including in fibrosis, oncology, immunology, and central nervous system disorders.

Zhavoronkov says PEGS, the world’s largest gathering of protein engineering and biotherapeutics experts, is the perfect setting for announcing the latest developments to Insilico’s platform. “We were instrumental in the early development of generative biology and generative chemistry, and now we’re advancing AI-designed drugs into clinical trials. It is truly a pivotal moment.”

About Insilico Medicine

Insilico Medicine, a clinical-stage generative artificial intelligence (AI)-driven drug discovery company, is connecting biology, chemistry, and clinical trials analysis using next-generation AI systems. The company has developed AI platforms that utilize deep generative models, reinforcement learning, transformers, and other modern machine learning techniques for novel target discovery and the generation of novel molecular structures with desired properties. Insilico Medicine is developing breakthrough solutions to discover and develop innovative drugs for cancer, fibrosis, immunity, central nervous system diseases, infectious diseases, autoimmune diseases, and aging-related diseases. In early 2023, the Company opened the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Centre in Abu Dhabi, the region’s largest AI-powered biotechnology research center. The R&D hub brings together global talent in artificial intelligence and software development to expand the capabilities of Insilico’s end-to-end AI-driven drug discovery platform, Pharma.AI, explore aging research and sustainable chemistry, and support the digital transformation of healthcare in the region.

For more information, visit www.insilico.com

Attachment

Brita Belli
Insilico Medicine
475-225-0843
brita@insilico.com

GlobeNewswire Distribution ID 8838633

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DERIAN DISCUSSES WITH EVANGELICAL CHURCH DELEGATION PROMOTION OF ISLAMIC-CHRISTIAN RELATIONS

Grand Mufti of the Lebanese Republic, Sheikh Abdul-Latif Derian, received today a delegation at Dar al-Fatwa including the Archbishop of the Evangelical Church in the province of Wertenbach in southern Germany and the priest responsible for developmental and ecumenical relations in the diocese, members of the evangelical churches present in Lebanon, and a representative of the National Evangelical Church in Beirut, Dr. Habib Badr, in the presence of the Secretary General of the National Committee for Islamic-Christian Dialogue, Dr. Muhammad Al-Sammak. Discussions touched on strengthening Islamic-Christian relations and coexistence, in addition to general public affairs.

Source: National News Agency – Lebanon

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KHODR URGES PEOPLE OF DEIR AL AHMAR TO DEMONSTRATE SELF-RESTRAINT

Baalbek-Hermel Governor Bashir Khodr tweeted today: ‘After the attack on the cemetery, I call on our people in Deir al-Ahmar to exercise the highest degree of restraint, and await the results of the investigation. I am following up on the matter with the security services, and I am confident that they will arrest the perpetrators.’

Source: National News Agency – Lebanon

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Yemen Welcomes Jeddah Declaration Signed Between Sudanese Armed Forces and Rapid Support Forces

The Republic of Yemen has welcomed the Jeddah Declaration, signed between the Sudanese Armed Forces and the Rapid Support Forces in Sudan regarding the commitment to protect civilians.

In a statement broadcast by the official Yemeni News Agency (Saba), the Ministry of Foreign Affairs expressed its hope that this agreement would represent a positive step towards enhancing confidence between the two parties, and would pave the way for other steps that would end the suffering of the Sudanese people and establish a subsequent period of peace and political stability

Source: Saudi Press Agency

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SFDA Obtains PIC/S Membership

Saudi Food and Drug Authority (SFDA) joins Pharmaceutical Inspection Co-operation Scheme (PIC/S), which aims at harmonizing inspection procedures worldwide, facilitating cooperation and networking between pertinent authorities, and regional and international organizations. SFDA’s acceded to PIC/S after having fulfilled all the requirements and standards required for membership and gained the approval of member states during the PIC/S meeting held in Geneva, Switzerland, on May 11-12, 2023. Saudi Arabia became the first Arab country to be admitted to PIC/S.

PIC/S presently comprises 54 authorities specialized in inspecting medicinal products for human or veterinary use, from all over the world, that seek to standardize the procedures of the Regulatory Authorities in the field of Good Manufacturing Practice (GMP(.

PIC/S conducts its work by having developed common standards in the field of inspection of pharmaceutical factories and global detection program, and by providing training opportunities to inspectors. It also aims at facilitating cooperation and networking between competent authorities, and regional and international organizations, thus increasing mutual confidence. This is reflected in PIC/S’ mission which is to lead the international development, implementation and maintenance of harmonized GMP standards and quality systems of inspectorates in the field of medicinal products.

PIC/S membership enables the SFDA to be an approved reference in the field of inspection of pharmaceutical factories. Furthermore, it enhances the efficiency and quality of manufacturing practices of local factories and facilitate exportation as a result of greater confidence of PIC/S member states in the local inspection performed by SFDA.

This membership will contribute to developing and raising inspectors’ efficiency through many specialized training programs held by PIC/S periodically, and exchanging inspection information and reports, which in return will help use resources in an optimal manner by targeting high-risk factories through inspection visits. It also helps standardize, at state level, the inspection procedures of pharmaceutical manufacturing practices and activate the rapid alert system at member state level.

SFDA’s accession to PIC/S is one of the strategic projects of the SFDA’s third strategic plan. It is in line with SFDA’s desire to join global organizations in order to cope with developments in the field of medicine manufacturing and benefit from international inspectorates’ expertise.

Source: Saudi Press Agency

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Russian Defense: A helicopter, two MiG-29, Su-25 and 18 Ukrainian drones shot down

The Russian Defense Ministry announced that its forces downed a Ukrainian helicopter in Kharkov, MiG-29 and Su-25 fighters in Luhansk, and 18 drones, as well as targeting US and British-made weapons depots.

In the Kupyansk axis, the actions of two Ukrainian sabotage and reconnaissance groups in the Kharkov region were thwarted, 170 soldiers were eliminated, and self-propelled artillery mounts of the Gvozdika and Akatsiya model were destroyed, According to the daily statement of the defense Ministry on the progress of the special military operation in Ukraine.

In the axes of southern Donetsk and Zaporozhye, the Ukrainian forces lost more than 155 soldiers killed or wounded, and the self-propelled artillery and the American-made M777 artillery system were destroyed.

The air defense systems downed a Ukrainian Mi-8 helicopter near the city of Kobyansk in the Kharkov region, and two MiG-29 and Su-25 fighter planes, and 18 Ukrainian drones were destroyed in the Kharkov region, the Luhansk Republic, Donetsk, and the Kherson and Zaporozhye regions.

Source: Syrian Arab News Agency

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Al-Sudani Returns To Baghdad / More

Prime Minister Muhammad al-Sudani returned, today, Saturday, to the capital, after concluding his two-day visit to Nineveh Governorate, which witnessed a number of activities.

The media office of the Prime Minister said in a statement: “Prime Minister Muhammad al-Sudani returned to the capital, Baghdad, after concluding his visit to Nineveh Governorate, which lasted for two days and witnessed a number of events, most notably:

1- Holding a series of meetings with the governorate officials, directors of service departments, and officials of the security services therein.

2- Holding a meeting with the representatives of Nineveh Governorate from all components.

3- Meeting clerics from various components, clan heads, activists, and representatives of federations and syndicates in the province.

4 – Visit the Mosul Dam and learn about the ongoing maintenance and grouting works of the Dam.

5- A visit to the reconstruction and rehabilitation project of Mosul International Airport.

6- The operational opening of Al-Hadbaa Specialized Hospital for Hematology and Bone Marrow Transplantation.

7- Laying the foundation stone for the Ibn Sina Teaching Hospital project and the Mosul Hotel project.

8- The inauguration of the Martyrs Bridge in Hammam Al-Alil district and the Suez Bridge in the left side of Mosul.

9 – Visit to the Prophet Yunus Mosque (peace be upon him) and the Great Al-Nuri Mosque in Mosul, and seeing the reconstruction and rehabilitation operations in them.

10- Receiving the Emir of the Yazidis in Iraq and the world, Sheikh of the Yazidi religion.

11- Visiting Al-Hamdaniya District in Nineveh Governorate.

12- Visiting the Syriac Orthodox Mar Shmouni Church in Bartella district, and meeting clerics and notables from the Christian component.

13- Visiting the Great Immaculate Church in Baghdida district, Nineveh Plain.

14- meet with the representatives of Shabak component, including notables and citizens, and listen to their proposals and problems, and direct them to be followed up.

15- Walking in one of the parks in Mosul in the evening, and meeting the citizens there.

16- Visiting the host of MP, Abdul Rahim Al-Shammari.

17- Visiting the host of MP, Ahmed Al-Jubouri in the village of Al-Safina in Al-Shura district, south of Mosul.

Source: National Iraqi News Agency

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Qubad Talabani: Baghdad Is The Strategic Depth Of Kurdistan, And Problems Must Be Solved Radically

The Deputy Prime Minister of the Kurdistan Regional Government, Qubad Talabani, confirmed that Baghdad is the strategic depth of the Kurdistan region, and the problems must be radically resolved.

The PUK website stated that Talabani met, today, Saturday, in Debashan, a delegation of the Parliamentary Awqaf and Tribal Affairs Committee headed by Mahmoud Al-Mashhadani, head of the committee, and they discussed the latest developments on the Iraqi scene and ways to strengthen relations between the region and Baghdad.

Al-Mashhadani said, according to the statement: “During the difficult and sensitive period after the fall of the Baathist regime, President Mam Jalal emerged as an Iraqi political leader, and he was a collector of all spectrums and voices without discrimination.”

For his part, Qubad Talabani stressed the importance of promoting the spirit of tolerance and peaceful coexistence, which is the responsibility of all political parties, noting the need for all of us to work with President Mam Jalal’s approach to solving problems, reconciliation and national unity.

Regarding the relations between Kurdistan region and Baghdad, Talabani said: “We have always emphasized that Baghdad is the strategic depth of the Kurdistan region, and although relations are now positive, we must all work to promote reconciliation and harmony and solve problems between the region and Baghdad in a radical and long-term way.”

Source: National Iraqi News Agency

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PM Visits The Host Of MP Abdul-Rahim Al-Shammari In Nineveh

The Prime Minister, Muhammad Al-Sudani, visited the host house of MP, Abdul Rahim Al-Shammari, during his visit to Nineveh Governorate.

According to the statement of his media office, the Prime Minister praised the position of the clansmen in general, and the role of the Shammar clan in particular, in combating terrorism and consolidating national unity through the national discourse of our authentic clans.

Al-Sudani renewed the government’s commitment and insistence on restoring the bright face of all areas of Nineveh Governorate, through reconstruction operations and building what was destroyed by terrorism, expressing his pride in the sacrifices of all Iraqis whose blood was shed on the land of Nineveh during the war to liberate it from the terrorist gangs of ISIS.

During the visit, he listened to ideas and proposals put forward by a group of young people from western Nineveh regions, related to service and security aspects and the values of coexistence among the people of the province.

Source: National Iraqi News Agency

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MP: Choosing The Board Of Trustees Of The IMN, According To The Principle Of Quotas, Is A Shameful Matter

The head of the New Generation Parliamentary Bloc, member of the Integrity Committee, Sarwa Abdel Wahed, confirmed that the selection of the Board of Trustees of the Iraqi Media Network according to the principle of quotas is a shameful matter after twenty years of change.

Abdel Wahed said in a press statement: The Board of Trustees is supposed to represent the different segments of society and not be restricted to journalists, media professionals, writers, writers, or poets.

She added: The Board of Trustees needs a specialist in the field of psychology, and it needs people with special needs, as well as artists, media professionals, and experts in the field of education or sports. These are supposed to monitor the performance of the network.

Abdel Wahed stressed: the need to move away from the method of appointments and rely on some competencies in addition to their basic work, so that they meet once a month and present their point of view in exchange for a simple financial reward, if you are looking to develop the network.

Source: National Iraqi News Agency