Industry-First ASPM Solution Will Enable AppSec Leaders to Reduce Risk, Improve Developer Productivity and Provide Security Transparency with C-Suite Stakeholders

BOSTON, Dec. 13, 2023 /PRNewswire/ — Snyk, the leader in developer security, today released Snyk AppRisk, a solution designed to empower application security (AppSec) teams with the comprehensive Application Security Posture Management (ASPM) workbench they need to govern and scale their security programs, as well as minimize risk arising from applications. Snyk AppRisk is the industry’s first ASPM solution that creates seamless collaboration between developer and security teams to address cybersecurity challenges, while also delivering C-Suite stakeholders visibility into software supply chain risk posture and their overall AppSec program performance.

Snyk Launches Snyk AppRisk, Establishing the Next Era of Developer Security Focused on Enterprise-Scale Application Risk Management

Building on nearly a decade of Snyk’s experience working with enterprise customers to implement and scale effective developer security programs, a mission accelerated by the recent acquisition of Enso Security as well as the organic innovation of Insights, Snyk is now able to offer an unrivaled ASPM solution. Snyk AppRisk delivers automated application asset discovery, tailored security controls and risk-based prioritization to ensure developer and security teams are collaborating on risk via an advanced evidence graph linking development workflows to the apps deployed in the cloud.

Snyk’s 2023 Customer Value study identified "developer productivity" as a top three priority when searching for security solutions, validating how increasingly important developer productivity is for security leaders to consider, especially as AI code generation tools continue to multiply. Snyk AppRisk enables developers to maximize their time by being in lockstep with their security counterparts to ensure they focus on the remediation efforts that will have the largest risk reduction impact on the business. As a result, developer and security teams can together define appropriate guardrails to prevent security issues throughout the full software development lifecycle (SDLC) as well as measure the overall effectiveness of their developer security program.

"Global security leaders are hungry for more insight into their overall risk posture, while DevSecOps practitioners want to elevate their business influence to mature their developer security initiatives further," said Katie Norton, Senior Research Analyst, IDC. "Solutions that provide business critical insights into an organization’s entire application landscape, such as Snyk’s new ASPM solution, can aid in bridging this gap by helping AppSec leaders evolve from gatekeepers to guides."

"With the recent explosion of generative AI innovation, the speed of software development has reached new heights, while, at the same time, software supply chains are increasingly more complex as evidenced by the lingering effects of the Log4j vulnerability two years later. The need for developer and security teams to share application visibility, risk context and intelligent policy guardrails is critical to delivering innovation with trust." said Manoj Nair, Chief Product Officer, Snyk. "Snyk AppRisk will serve as a crucial linchpin for development and security teams to more effectively collaborate, fortifying their overall risk posture without sacrificing their speed to market."

Snyk AppRisk complements the breadth and depth of the Snyk Developer Security Platform and is designed to deliver a holistic, developer-first ASPM workbench, equipping and empowering global DevSecOps teams to:

Automate application asset discovery: continually discovering application assets and classifying them by business context, ensuring security is fully in sync with developers; Create tailored security controls: defining and managing appropriate security and compliance requirements, while verifying applications have the correct controls in place; and, Leverage risk-based prioritization: blending application context with best-in-class security and fix analysis to quantify risk and create an evidence graph, ensuring developer remediation efforts are focused on the issues that pose the biggest risk to the business.

Snyk AppRisk will prove critical for security teams as they tackle new vulnerable code components, thanks to a policy-driven approach – quickly identifying which assets are affected and prioritizing developer remediation efforts to significantly cut down on breach impact. The Log4j vulnerability disclosure, almost exactly two years ago, proved to be a watershed moment for the industry as developer, security and operations teams worldwide raced against the clock to find and fix their vulnerable assets. Snyk AppRisk would have significantly streamlined this stressful and time consuming remediation process, ultimately sparing many global enterprises time and money.

To this end, over 60% of Snyk customers view being able to track the severity of open source vulnerabilities, and the time to fix, as a key metric in DevSecOps success today. In addition, as AI agents further  push the pace of application development, security leaders have become increasingly concerned about new risks being introduced into their code at this accelerated pace. Snyk AppRisk ensures the correct security controls are in place in order for global development teams to safely adopt and trust these AI tools.

"Building applications both quickly and securely is non-negotiable for us in order to pursue our own vision of transforming today’s patient journey," said Julien Dewitte, Senior Security Engineer, Komodo Health. "Snyk’s unique, developer-based approach to ASPM will help us to gain an even better understanding of our software footprint, allowing us to more confidently deliver on our mission to reduce the global burden of disease."

Two versions of Snyk AppRisk will ultimately be available. AppRisk Essentials, a solution focused primarily on Snyk-based developer security tools, is available today. In early 2024, Snyk will additionally launch AppRisk Pro, an offering for enterprise customers to manage and scale their entire developer security programs to include additional security solutions beyond the Snyk Developer Security Platform. To learn more about Snyk’s unique, comprehensive approach to ASPM, visit here.

About Snyk
Snyk is the leader in developer security. We empower the world’s developers to build secure applications and equip security teams to meet the demands of the digital world. Our developer-first approach ensures organizations can secure all of the critical components of their applications from code to cloud, leading to increased developer productivity, revenue growth, customer satisfaction, cost savings and an overall improved security posture. Snyk’s Developer Security Platform automatically integrates with a developer’s workflow and is purpose-built for security teams to collaborate with their development teams. Snyk is used by 2,500+ customers worldwide today, including industry leaders such as Asurion, Google, Intuit, MongoDB, New Relic, Revolut and Salesforce.

Source : Snyk Launches Snyk AppRisk, Establishing the Next Era of Developer Security Focused on Enterprise-Scale Application Risk Management

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SINGAPORE, Dec. 13, 2023 /PRNewswire/ — MCA Trader proudly introduces its revolutionary mobile application, designed exclusively for Vietnamese investors. This app signifies a leap into a realm of unparalleled opportunities for smart investing, promising Vietnamese investors a seamless and delightful experience.

Simplified and Accessible Smart Investing: The MCA Trader app offers a simplified gateway to the dynamic world of investing. Whether you’re a seasoned trader or a novice, our platform caters to your specific needs. Bid farewell to confusing complexities and embrace a streamlined investment journey with our intuitive interface and accessible resources, all conveniently available on your mobile device.

Diverse Products and Comprehensive Functions: Unlock a wealth of investment opportunities with our extensive range of financial products and services. With over 18,762 products and 2,000 transaction combinations worldwide, Vietnamese investors can diversify portfolios like never before. Empower your trading strategies with features like 250 times leverage, T+0 Two-way transactions, and buy-up and buy-down options.

Trusted Security and Regulation: MCA Trader prioritizes the safety of user investments. As a licensed and regulated platform, we operate under the oversight of trusted financial authorities. Vietnamese investors can trade with confidence, knowing their investments are secure.

Thriving Community of Like-Minded Investors: More than just numbers, investing is about being part of a vibrant community that nurtures growth and success. With MCA Trader, Vietnamese investors join a thriving community of like-minded individuals. Exchange ideas, share insights, and embark on a rewarding investment journey together.

Promotions and Referral Benefits: To celebrate our app’s launch in Vietnam, we offer exciting promotions and referral benefits. Invite friends to join MCA Trader, and as they deposit, you enjoy higher returns. Embrace a rewarding experience while building a prosperous investment portfolio.

Download the MCA Trader app now, and explore limitless possibilities in smart investing. Empower your financial future and join a community that fosters growth and success.

MCA Trader is a renowned investment platform committed to empowering users with smart investing opportunities. With the MCA Trader app, we aim to provide Vietnamese investors with a seamless and enjoyable investment experience.

For media inquiries or more information, please contact:

Lim Kai Shi
Regional Marketing Manager
[email protected]
+6590012168

Source : Introducing the MCA Trader App: Empowering Investors in Vietnam with Limitless Opportunities

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SINGAPORE, Dec. 13, 2023 /PRNewswire/ — Vectra AI, the leader in hybrid attack detection, investigation and response, has released its 2024 Security Predictions for Asia Pacific and Japan. The predictions highlight the impact of another turbulent year of disruption from increasingly complex ransomware, emerging AI-driven threats, an ever-expanding attack surface, and over-burdened security teams.   

Chris Fisher, Vectra AI’s Director of Security Engineering APJ states everyone should be on high alert for 2024, as attackers capitalise on network infrastructure and other vulnerabilities, with breaches having notable and lasting implications.

Fisher comments, "While this year’s headlines appeared to be less sensational than the previous year’s, breaches have been far more impactful with attackers having moved away from traditional endpoint-style attacks to infiltrate network infrastructure. For example, the MOVEit breach is potentially one of the largest data breaches from a single instance of a vulnerability that we’ve seen to date, which affected a lot of ANZ/APJ organisations. We see this breach as laying the path for more critical zero-day mayhem in 2024."

On the cybersecurity landscape, Fisher continues, "While organisations have become better at putting traditional security systems in place, attackers are also getting more sophisticated by pivoting towards network infrastructure to gain entry. As we move into 2024, threat actors will see networks as a soft target, and this indicates that they will continue to exploit this as organisations struggle to stop lateral movement. Once attackers gain a foothold, they can move in a way that they can’t be detected and can do very significant damage."

Fisher also believes that AI will have a transformative impact on both attack and defense with its footprint felt across most of the trends uncovered. "GenAI is like a search engine on steroids. From a defender’s standpoint this can be hugely beneficial in aiding rapid and successful response. As more organisations embrace new GenAI initiatives, they will need to balance that speed of innovation with governance and greater accountability. We must also continue to look at what we really mean by ‘AI’ and look into how applied and adaptive AI can advance our security practices, helping us to find the right signals in a vast array of data."

Read on for more insights to Vectra AI’s 2024 predictions:  

Prediction 1: Security endpoint breaches will decline as downstream defences rise.

Traditional security is akin to building a higher and higher wall to keep out intruders, but once the intruder is inside it’s very difficult to catch them. In 2024 expect a rise of breaches where attackers have exploited an existing vulnerability and are able to move laterally through a network. Security incidents will move away from compromised endpoints, ushering in a new era of threats primarily targeting federated identity systems, public clouds, and business-email-compromise (BEC). This new breed of attacks will exploit the vulnerabilities and relative immaturity of security practices related to cloud, identity and SaaS applications.

Prediction 2: AI causes rise in next-level phishing and social engineering attacks.

AI-powered attacks in the form of more convincing phishing attempts, automated malware creation, evasion of security measures and personalised social engineering attacks will make it harder for traditional security tools to detect and prevent hackers. More specifically, Gen AI tools, such as ChatGPT, are enabling attackers to make smarter, more personalised phishing attacks, in numerous languages, on mass scale, with deepfakes also increasingly prevalent. The response to this will largely revolve around organisation-wide awareness and education, with AI-supported security, XDR and zero trust playing an important role too.

Prediction 3: Gen AI to support SOC teams and address cybersecurity talent shortage.

While AI is expected to add security complexities, on the flipside it has huge potential to support security teams. For example, GenAI can provide a toolset and rapid insights into security challenges and appropriate responses, by compiling a vast amount of information and assimilating it into proposed solutions or approaches. This is especially pertinent as the cybersecurity talent shortage grows, and experts are hard to come by. Greater support via AI systems is also expected to help attract more talent to the industry. It’s also important to note the difference between GenAI and applied or adaptive AI. While the former may have useful application, the latter is what drives true transformational change from a security standpoint.

Prediction 4: Organisations understand the difference between XDR and zero trust.

In recent years, zero trust has emerged as a dominant focus in the security landscape. However, zero trust isn’t a countermeasure, it’s a strategic approach that is aspirational, as with third-party systems and processes it’s inevitable an organisation will trust an outside entity. In 2024, there will be a rise in organisations understanding the difference between zero trust and the necessity of implementing robust security measures designed for this modern world, which is where extended detection and response (XDR) comes in. XDR underpins other strategies and innovation initiatives, including zero trust, to stop hackers in their tracks.

Prediction 5: CISOs are welcomed into the boardroom out of sheer necessity.

In 2024, cybersecurity is a strategic priority that can no longer be siloed in the IT department. Gartner has predicted that by 2026, 70% of boards will include at least one member with expertise in security. An expert in cybersecurity is able to understand the reality of threats and what is required to mitigate them, helping to educate other leaders of the organisation on where investment and resources should be focused on. In turn, this will help organisations to move beyond reactive defence and act on new business opportunities that come with being prepared.

About Vectra

Vectra AI is the leader in hybrid attack detection, investigation and response. The Vectra AI Platform delivers integrated signal across public cloud, SaaS, identity, and data center networks in a single platform. Vectra AI’s patented Attack Signal Intelligence empowers security teams to rapidly detect, prioritize, investigate and stop the most advanced hybrid cyber-attacks. With 35 patents in AI-driven detection and the most vendor references in MITRE D3FEND, organizations worldwide rely on the Vectra AI Platform and MDR services to move at the speed and scale of hybrid attackers. For more information, visit www.vectra.ai.

Source : Vectra AI warns of far more impactful breaches across the network infrastructure in its 2024 security predictions

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SINGAPORE, Dec. 13, 2023 /PRNewswire/ — WuXi Vaccines, a leading global vaccine Contract Development and Manufacturing Organization (CDMO), was named "Best Vaccine CMO of the Year" for the second consecutive year at the 2023 Asia-Pacific Vaccine Excellence Awards (AVEA) ceremony. 

The AVEA 2023 event was to recognize the remarkable accomplishments of vaccine and supply chain experts, organizations, and cutting-edge technologies in Asia, with ultimate award winners determined through voting by industry experts, professionals, and stakeholders in the vaccine community. WuXi Vaccines stood out among the nominees for its commitment to advancing global vaccine accessibility, especially in low and middle-income countries.

Mr. Jian Dong, CEO of WuXi Vaccines, commented, "We are deeply honored to receive the ‘Best Vaccine CMO Award of the Year’ for the second year. This prestigious accolade serves as a testament to WuXi Vaccines’ unwavering dedication to furthering global health initiatives by providing end-to-end solutions that enable our partners to bring vital vaccine products to the market more efficiently."

Notably, WuXi Vaccines has played a crucial role in the fight against COVID-19 by manufacturing of hundreds of millions doses of COVID-19 vaccine, enabling our client to supply the vaccine to over 180 countries. Recently, its first standalone vaccines CDMO site in Suzhou, China, has launched and successfully passed an on-site GMP audit by a global vaccine leader, which will accelerate global clients’ project timelines by providing high-quality end-to-end services for diversified vaccines. Its Dundalk facility in Ireland has reached significant milestones, including the initiation of Tech Transfer (TT), and has made substantial progress in commissioning qualification and validation (CQV) activities. The QC potency lab at the facility became operational in July 2020 and received the GMP certificate from the Ireland Health Products Regulatory Authority (HPRA) in July 2022.

About WuXi Vaccines

WuXi Vaccines is a leading contract development and manufacturing organization (CDMO) that focuses on vaccine development and manufacturing. It provides world-class, integrated development and manufacturing platforms to expedite partners’ vaccines to the clinical stage and the market, regardless of the vaccine modality (i.e., recombinant protein, viral, viral vectored, VLP, OMV, nucleic acid, conjugated vaccines). With its technical expertise, broad regulatory knowledge, premium quality system, advanced CMC development capabilities, multiple production platforms (cell culture, viral, microbial, polysaccharide and protein conjugation), and extensive GMP manufacturing capacities, WuXi Vaccines provides an end-to-end service – from vaccine discovery and development to large-scale commercial production and distribution. The company can enable global clients to deliver critical vaccines anywhere in the world, making it an essential partner in protecting public health.

For more information about WuXi Vaccines, please visit: wuxivaccines.com.

Contacts

Business
[email protected]

Media
[email protected]

Source : WuXi Vaccines Wins Second Consecutive "Best Vaccine CMO Award" at AVEA 2023

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SYDNEY, Dec. 13, 2023 /PRNewswire/ — As another record-setting summer approaches, millions of Australian families will be unable to keep their kids cool in dangerously hot homes, with cost-of-living pressures stretching households to the financial limit, a new report from Parents for Climate and Sweltering Cities warns.

The report, Hothouse Australia: Our kids at risk as heat soars, highlights that millions of children, including over 760,000 children living in poverty in Australia, face heightened risks to their health and education from exposure to extreme summer heat in homes, schools and childcare centres.

Around 3 in 4 lower-income households, already making hard choices to keep food on the table, are also likely to cut back on the use of air conditioning and cooling appliances due to cost pressures, despite living in poorly insulated and energy-inefficient homes.

Western Sydney mum, Rebecca De Marco, is one of them and dreads the strain the heatwave will add to already stretched finances.

"My first baby was born during the Black Summer fires. We were in a rental with no air conditioning, and the 40-degree heatwaves were a huge struggle. With another baby on the way, we’ve moved to a two-story rental in Western Sydney, and the heat is back.

"On 30-degree days we are only just able to cope. I’ve done everything I can with wet towels and so on, but on a warm day it gets to 30 degrees upstairs by the time we put our kids to bed at night.

"We’re only on one income at the moment, so we’re super careful with money. We’ve got pretty good at keeping bills down, but I know that won’t be the case this summer. When it gets above 30 degrees outside, we have no choice but to run the aircon all day."

The snapshot analysis of latest data shows:

Millions of children, especially the more than 760,000 children living in poverty in Australia, face heightened risks to their health and education in millions of poorly insulated, energy inefficient homes across Australia. Kids are more susceptible to a range of health issues due to extreme heat, and less capable of mitigating these risks. Families are under enormous financial pressure, with 3 in 4 lower-income households likely to cut back on the use of fans and air conditioners due to cost pressures. Additionally, around 1 in 5 Australians cannot afford to cool their home. Not all schools are heatsafe. Some states have no requirements for air-con in classrooms, including 350 schools that missed out in NSW. Playground surface temperatures in some cities can exceed 80C. Without action this crisis will only worsen. By 2050, hundreds of thousands of Australian children will face severe and extreme heat that risks their life and health, and 7 million will face higher and more intense heatwaves.

Parents for Climate and Sweltering Cities are calling on the Commonwealth to work with the states to protect the most vulnerable Australians from the twin threats of rising heat and rising costs.

The report proposes initiatives including the rollout of efficient reverse-cycle air conditioning units powered by rooftop solar panels in all low-income households, all schools and childcare centres, and better thermal insulation in all Australian homes to stop kids sweltering in unsafe homes and learning environments.

Children already carry the unfair burden of the coal and gas-fuelled climate crisis.To protect Australian children in a world increasingly defined by heat, the nation needs to make their homes and learning environments safer and cut carbon pollution. Investing in thermal protection and air conditioning powered by rooftop solar can do both.

Nic Seton, Parents for Climate CEO said, "Every summer we’re reminded of the dangers of leaving kids in cars, but children are also at risk from extreme heat in uncooled homes, schools and childcare centres. Too many families who are struggling with rising costs of living are unable to afford to keep their homes heatsafe.

Nic Seton, CEO of Parents for Climate

"Our children will pay the biggest price of rising temperatures, supercharged by burning coal and gas, particularly those in low income families. Their lives will be increasingly defined by how well we can adjust to the new reality of a hothouse Australia.

"Hot homes and schools can damage our kids’ health and make their lives harder now and into the future. Simple measures such as installing energy efficient air-conditioning powered by rooftop solar in homes and classrooms would deliver the twin benefits of keeping our kids safe and driving down our carbon emissions."

Emma Bacon, Sweltering Cities Executive Director said, "Australian homes are dangerously hot, and the cost of living crisis means more people than ever are struggling to keep cool. This summer we’re expecting high temperatures driven by El Niño and climate change. Families across the country are facing baking hot homes and sleepless nights.

"Renters are telling us that they can’t make simple changes to cool down their homes. We hear from people who are refused things like better blinds, a screen door or insulation.

"Heatwaves are our deadliest environmental disaster and kids are one of the at-risk groups. We need to make sure they can be safe at home or school during heatwaves.

"It’s about more than being uncomfortable, extreme heat can have significant short and long-term impacts, especially on children. They face an elevated risk of severe heat stroke and heat stress, and increased risk of asthma, chronic respiratory illnesses, cardiovascular disease and even death. We need to do more to protect kids and other vulnerable groups."

Parents for Climate Action (https://www.parentsforclimate.org/), is Australia’s leading climate action organisation for parents, carers, families, and all who care about a safe future for kids. It educates and empowers supporters to make the climate safer for every child.  Founded in 2019 by six regional, rural, and urban mums in four states and territories, it has grown rapidly to fill a critical gap in the climate movement. It is a parent organisation run by parents for parents.

Source : Millions of Australian kids at risk as families struggle to cool dangerously hot homes in cost of living crisis

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SYDNEY, Dec. 13, 2023 /PRNewswire/ — B Corp certified digital lender and non-bank challenger MONEYME (ASX: MME) has found in a recent customer survey that 82 percent of its customers are concerned about sustainability, with 74 percent believing that a lender’s sustainability efforts are relevant or of interest to them. 

Clayton Howes, CEO of MONEYME

The survey found that even in the midst of rising interest rates and a cost-of-living crisis, sustainability is a significant factor in Australian consumers’ decision-making process when selecting a financial institution.

This comes amidst news that the ASIC Act was amended to allow the Australian Accounting Standards Board (AASB) the power to develop sustainability standards for financial reporting. 

The AASB has already proposed three new reporting standards that would require Australian businesses to disclose climate-related financial information. Although disclosure rates are increasing, new research by the government revealed that less than half of ASX-listed companies reported climate-related information in 2022.

In November this year, Treasury published the Government’s highly anticipated Sustainable Finance Strategy consultation paper. The strategy, aimed to support Australia’s transition to net zero by promoting investment into sustainable activities, proposes a range of measures, including transparent and standardised sustainability-related financial disclosures, labelling for sustainable investment products, and increased support for regulators.

The customer survey, commissioned by MONEYME and conducted by PIE, included 322 respondents and uncovered insights regarding the influence of sustainability efforts on the choice of a consumer credit provider. 

Key findings from the survey include:

81% are concerned about sustainability: An overwhelming 81% of MONEYME customers expressed at least some concern about the sustainability performance of lenders. Among them, one-third (33%) admitted to being "very" or "extremely" concerned about the sustainability performance of their lenders. 74% see relevance in lenders sustainability efforts: A substantial 74% of MONEYME customers acknowledged the relevance of a lender’s sustainability efforts or expressed interest in the matter. 17% consider sustainability commitments: For 17% of respondents, a company’s sustainability commitments and efforts were a determining factor in choosing a lender. 27% would avoid poor sustainability: 27% of respondents stated that they would actively avoid choosing a lender with poor sustainability performance. 64% influenced by social inclusion: A noteworthy 64% of customers reported that they are influenced by a lender’s efforts in social inclusion initiatives. 55% influenced by community engagement: More than half, 55%, indicated that a lender’s community giving and engagement efforts would influence their choice. 53% influenced by environmental performance: Over half, 53%, revealed that a lender’s environmental efforts and performance play a role in their choice of lender. MONEYME top performer in sustainability: 70% of survey respondents, including an additional 35 external stakeholders who are not MONEYME customers, positively ranked MONEYME’s sustainability performance.

MONEYME’s commitment to sustainability was highlighted by its recent achievement of B Corporation Certification, a recognition earned through a rigorous evaluation and verification process that yielded a B Impact Assessment (BIA) score of 91.2. 

Clayton Howes, CEO & Managing Director of MONEYME, said: "MONEYME is committed to adopting and putting into practice high sustainability standards, as our recent B Corp Certification demonstrates. 

"It’s great to see sustainability standards for financial reporting will be set in stone, making it clear for stakeholders to see for themselves the sustainability efforts businesses are taking, without any greenwashing and marketing spin.

"This is not just beneficial for investors looking to support a more sustainable future, but also promotes greater transparency to consumers. As our survey demonstrates, our customers value companies that take sustainability seriously.

"Working towards having a positive environmental and social impact is not a nice-to-have, or second thought, for our business. It’s a firm commitment – one that our customers seem closely aligned with. 

"Our hope is that our example and the new standards will inspire others in our industry to join the movement and prioritise sustainability and positive impact."

For more information about MONEYME and its commitment to sustainability, please visit moneyme.com.au/sustainability.

About MONEYME

MONEYME is a founder-led digital lender and Certified B Corporation™.  We challenge the traditional ways of credit and simplify the borrowing experience with digital-first experiences that meet the needs of modern consumers.

We target customers with higher-than-average credit profiles through a range of fast, flexible, and competitively priced products, including car loans, personal loans, and credit cards.

Our point of difference is delivering unrivalled customer experiences powered by smart technology. From near real-time credit decisioning to loans that settle in minutes, we deliver speed and efficiency in everything we do. 

We service ‘Generation Now’, ambitious Australians who expect more from life and the companies they engage with. We uphold a strong ethos of sustainability and hold ourselves accountable to the high standards of the B Corp movement.

MONEYME Limited is listed on the ASX, and the Group includes licensed and regulated credit and financial services providers operating in Australia.

For more information, visit moneyme.com.au or investors.moneyme.com.au 

Source : MONEYME: Borrowers value sustainability despite cost-of-living crisis

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–First Chinese RSV PreF Vaccine Candidate to Enter Clinical Trial Stage–

SHANGHAI, Dec. 13, 2023 /PRNewswire/ — Clover Biopharmaceuticals, Ltd. (Clover; HKEX: 02197), a global commercial-stage biotechnology company committed to unleashing the power of innovative vaccines to save lives and improve health around the world, today announced that enrollment of the first participants has been completed in a Phase Ⅰ first-in-human study evaluating the company’s RSV PreF-Trimer subunit vaccine candidate (SCB-1019), which is based on Clover’s Trimer-Tag vaccine technology platform.  

"We are pleased to be the first vaccine company based in China developing an RSV prefusion-stabilized F (PreF) vaccine to enter the clinical trial stage establishing our leadership position in the space, which demonstrates the value of our validated Trimer-Tag platform and capabilities of our R&D team," said Joshua Liang, Chief Executive Officer and Board Director of Clover, "RSV vaccines remain a high unmet medical need, especially in China where no domestic RSV PreF vaccines have entered the clinical stage to-date, but also globally where there is opportunity for differentiation."

SCB-1019 is a bivalent RSV-A/RSV-B vaccine candidate based on the prefusion-stabilized F (PreF) protein leveraging the validated Trimer-Tag platform and proprietary stabilizing PreF mutations. The Phase Ⅰ clinical trial in Australia is a randomized, placebo-controlled study to assess the safety, reactogenicity and immunogenicity of SCB-1019 at multiple dose levels and in different formulations in young and older adults. Safety and immunogenicity results are expected by the second half of 2024.  

About Clover  

Clover Biopharmaceuticals is a global commercial-stage biotechnology company committed to unleashing the power of innovative vaccines to save lives and improve health around the world. With integrated research and development, manufacturing and commercial capabilities as well as strong partnerships with organizations globally, Clover has a diverse pipeline of candidates that have the potential to meaningfully reduce the burden of vaccine-preventable diseases—and to make more diseases preventable.   

Clover Forward-looking Statements   

This press release contains certain forward-looking statements and information relating to us and our subsidiaries that are based on the beliefs of our management as well as assumptions made by and information currently available to our management. When used, the words "aim," "anticipate," "believe," "could," "estimate," "expect," "going forward," "intend," "may," "might," "ought to," "plan," "potential," "predict," "project," "seek," "should," "will," "would" and the negative of these words and other similar expressions, as they relate to us or our management, are intended to identify forward-looking statements.   

Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. We give no assurance that these expectations and assumptions will prove to have been correct. Because forward-looking statements relate to the future, they are participant to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. We caution you therefore against placing undue reliance on any of these forward-looking statements. Any forward-looking statement made by us in this document speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Participant to the requirements of applicable laws, rules and regulations, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. All forward-looking statements contained in this document are qualified by reference to this cautionary statement.   

Source : Clover Initiates Phase Ⅰ Clinical Trial for RSV Vaccine Candidate

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NEW YORK, Dec. 13, 2023 /PRNewswire/ — Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that the Company’s board of directors (the "Board") had approved a cash dividend of US$1.15 per ADS (or US$0.2875 per ordinary share) payable in U.S. dollars (the "Dividend") to holders of ADSs and ordinary shares of record as of the close of business on December 29, 2023, New York Time and Beijing/Hong Kong Time, respectively. The aggregate amount of the Dividend will be approximately RMB1 billion. For holders of ordinary shares, in order to qualify for the Dividend, all valid documents for the transfer of shares accompanied by the relevant share certificates must be lodged for registration with the Company’s Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong no later than 4:30 p.m. on December 29, 2023 (Beijing/Hong Kong Time). The Dividend is expected to be paid to holders of ordinary shares and ADSs (through the depositary bank and subject to the terms of the deposit agreement) on or around March 27, 2024.  

In light of Autohome’s strong cash balance and healthy cash flow, the Board also approved an amendment to its dividend policy, pursuant to which the Board intends to declare a cash dividend semi-annually from 2024 to 2026. The total yearly cash dividend is expected to be no less than RMB1.5 billion with the exact amount to be determined by the Board based on the Company’s then financial performance, cash position, and applicable foreign exchange laws and regulations in China, among other factors.

Mr. Craig Yan Zeng, the Chief Financial Officer of the Company, commented, "The declaration of a cash dividend and the amendment to our dividend policy reflect our robust cash position, strong cash flow and confidence in our future growth prospects. As we head into 2024, we will continue to focus on delivering value to our shareholders."

About Autohome Inc.

Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online destination for automobile consumers in China. Its mission is to relentlessly reduce auto industry decision-making and transaction costs driven by advanced technology. Autohome provides occupationally generated content, professionally generated content, user-generated content, and AI-generated content, a comprehensive automobile library, and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle. The ability to reach a large and engaged user base of automobile consumers has made Autohome a preferred platform for automakers and dealers to conduct their advertising campaigns. Further, the Company’s dealer subscription and advertising services allow dealers to market their inventory and services through Autohome’s platform, extending the reach of their physical showrooms to potentially millions of internet users in China and generating sales leads for them. The Company offers sales leads, data analysis, and marketing services to assist automakers and dealers with improving their efficiency and facilitating transactions. Autohome operates its "Autohome Mall," a full-service online transaction platform, to facilitate transactions for automakers and dealers. Further, through its websites and mobile applications, it also provides other value-added services, including auto financing, auto insurance, used car transactions, and aftermarket services. For further information, please visit https://www.autohome.com.cn.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates" and similar statements. Statements that are not historical facts, including statements about Autohome’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in Autohome’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Autohome does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Autohome Inc.
Investor Relations
Sterling Song
Investor Relations Director
Tel: +86-10-5985-7483
E-mail: [email protected]

Christensen China Limited 
Suri Cheng
Tel: +86-185-0060-8364
E-mail:  [email protected]

Source : Autohome Inc. Announces Cash Dividend and Amendment to Dividend Policy

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network