ISLE OF MAN

Milliman expands teams in Isle of Man

Retrieved on: 
Wednesday, February 6, 2019

Frize, who will operate from his base on the Isle of Man, will further expand Milliman's growing presence in Europe.

Key Points: 
  • Frize, who will operate from his base on the Isle of Man, will further expand Milliman's growing presence in Europe.
  • He moved to the Isle of Man in 1994, subsequently becoming Managing Director of BoE Life International.
  • Frize will bring his experience of the Isle of Man and cross-border market in helping clients make their decisions.
  • Furthermore, with the Isle of Man embracing Solvency II methods and principles, Milliman is ideally suited to provide its Solvency II expertise for the benefit of the wide range of cross-border insurance companies operating from the Isle of Man.

Juvenescence and the Buck Institute Launch New Company to Develop Ketone Body-Based Therapeutics

Retrieved on: 
Monday, February 4, 2019

Juvenescence, a biopharmaceutical development company focused on therapeutics for aging, and the Buck Institute for Research on Aging announce a new collaboration with the formation of BHB Therapeutics, Ltd, a joint venture.

Key Points: 
  • Juvenescence, a biopharmaceutical development company focused on therapeutics for aging, and the Buck Institute for Research on Aging announce a new collaboration with the formation of BHB Therapeutics, Ltd, a joint venture.
  • The company will focus on novel approaches to inducing a state of ketosis, which may have protective effects against age-related disease.
  • BHB Therapeutics is based on research conducted in the labs of Eric Verdin, MD and John Newman, MD, PhD.
  • BHB Therapeutics Ltd. is a biotechnology company focused on developing therapeutics derived from the ketone body -hydroxybutyrate that will slow the aging process.

President Donald J. Trump Appoints Prem Parameswaran, Group CFO and President of North America for Eros International Plc, to be a Member of the President’s Advisory Commission on Asian Americans and Pacific Islanders

Retrieved on: 
Tuesday, January 22, 2019

Eros International PLC (NYSE:EROS) (Eros), a Global Indian Entertainment Company, announced today that Prem Parameswaran, Group Chief Financial Officer and President of Eros International Plcs North America operations, will be appointed a member of President Donald J. Trumps Advisory Commission on Asian Americans and Pacific Islanders (AAPI).

Key Points: 
  • Eros International PLC (NYSE:EROS) (Eros), a Global Indian Entertainment Company, announced today that Prem Parameswaran, Group Chief Financial Officer and President of Eros International Plcs North America operations, will be appointed a member of President Donald J. Trumps Advisory Commission on Asian Americans and Pacific Islanders (AAPI).
  • Prem Parameswaran, Group Chief Financial Officer and President of North America Operations,said of the appointment, It is a great honor to be selected by the President of the United States to serve and represent the Asian Americans and Pacific Islanders on the Presidents Advisory Commission.
  • Hailing from all over the nation and from a wide range of disciplines, Commission members represent the diverse AAPI community.
  • Eros Now is Eros International Plcs On-Demand South Asian Entertainment Video Service accessible worldwide to viewers across internet enabled devices including mobile, web and TV.

Juvenescence Closes First Tranche of Series B Enabling Further Growth and Development

Retrieved on: 
Wednesday, January 16, 2019

Juvenescence Ltd, a biopharmaceutical company focused on modifying ageing and age-related disease, is pleased to announce the close of the first tranche of its Series B financing, in the amount of $46 million.

Key Points: 
  • Juvenescence Ltd, a biopharmaceutical company focused on modifying ageing and age-related disease, is pleased to announce the close of the first tranche of its Series B financing, in the amount of $46 million.
  • Juvenescence intends to complete its $100 million Series B financing with the closing of a second tranche in Q1 2019.
  • Juvenescence has now raised over $110 million in the past 15 months, which has enabled the rapid growth and development of the companys team, its strategic relationships, and its pipeline of therapies.
  • Juvenescence has built a comprehensive ecosystem focused on accelerating the discovery and development of novel therapeutics that are believed to modify ageing or age-related diseases.

Quanta Acquires Stake in Nigeria Lottery ILGL

Retrieved on: 
Thursday, December 13, 2018

DOUGLAS, Isle of Man, Dec. 13, 2018 /PRNewswire/ --Quanta, has signed contracts to acquire a stake in International Lottery and Gaming Limited (ILGL),and concluded the world's first deal to see a blockchain company acquire a traditional lottery company.

Key Points: 
  • DOUGLAS, Isle of Man, Dec. 13, 2018 /PRNewswire/ --Quanta, has signed contracts to acquire a stake in International Lottery and Gaming Limited (ILGL),and concluded the world's first deal to see a blockchain company acquire a traditional lottery company.
  • Commenting on behalf of ILGL, Charbel Saadeh, Managing Director of Naija Lottery said, "ILGL has provided popular and entertaining games to the Nigerian players; we are very excited to collaborate with Quanta to create an even more compelling experience to optimize lottery playing for the 200-million Nigerian market."
  • The Nigeria lottery industry is a major source of wealth distribution in the country, while the role of cryptocurrencies continues to garner national-level attention.
  • Quanta PLC owns Quanta Technology Limited, the operator of the world's first licensed, blockchain-based gaming company on the Ethereum platform.

Blockchain Lottery Pioneer Quanta Acquires Stake in Nigeria Lottery ILGL

Retrieved on: 
Thursday, December 13, 2018

DOUGLAS, Isle of Man, Dec. 13, 2018 /PRNewswire/ --Quanta, has signed contracts to acquire a stake in International Lottery and Gaming Limited (ILGL),and concluded the world's first deal to see a blockchain company acquire a traditional lottery company.

Key Points: 
  • DOUGLAS, Isle of Man, Dec. 13, 2018 /PRNewswire/ --Quanta, has signed contracts to acquire a stake in International Lottery and Gaming Limited (ILGL),and concluded the world's first deal to see a blockchain company acquire a traditional lottery company.
  • "This acquisition will usher in an era when innovation compliments tradition, injecting the power of blockchain technology into the lottery business.
  • We are confident that we can make blockchain popular and this acquisition represents a significant base for Quanta to target other emerging markets in Africa and other Continents," said Kostas Farris, Group CTO of Quanta.
  • Quanta PLC owns Quanta Technology Limited, the operator of the world's first licensed, blockchain-based gaming company on the Ethereum platform.

Continent 8 Named "International Business of the Year" at the Isle of Man Newspapers Awards for Excellence

Retrieved on: 
Friday, November 16, 2018

ISLE OF MAN, Nov. 16, 2018 /PRNewswire/ -- Continent 8 Technologies, the award-winning, multi-jurisdictional global data solutions provider, has been named the 2018 "International Business of the Year" at the prestigious Isle of Man Newspapers Awards for Excellence held last night at the Villa Marina, Isle of Man.

Key Points: 
  • ISLE OF MAN, Nov. 16, 2018 /PRNewswire/ -- Continent 8 Technologies, the award-winning, multi-jurisdictional global data solutions provider, has been named the 2018 "International Business of the Year" at the prestigious Isle of Man Newspapers Awards for Excellence held last night at the Villa Marina, Isle of Man.
  • This year, Continent 8 was shortlisted in the "International Business of the Year category" one of the most sought after awards of the night.
  • Continent 8's CEO Michael Tobin stated about this year's award, "We are truly honoured to be recognised as this year's International Business of the Year.
  • Continent 8 is an award-winning, multi-jurisdictional global network solutions provider that connects, manages, and secures the world's most valuable information.