HAMBURG, Germany, Oct. 2, 2023 /PRNewswire/ — 3B Scientific, a leading manufacturer and marketer of medical simulation products and anatomical models for healthcare education, announces today its acquisition of Wallcur LLC, a prominent provider of healthcare simulation products. This acquisition broadens 3B Scientific’s product offering and further demonstrates our ongoing commitment to advancing medical training.
Wallcur, a respected name in healthcare simulation for over 40 years, has earned a reputation for its innovative and high-quality simulated medicine products that enhance medical education across the globe. Wallcur’s mission is to provide ideas and products that both stimulate and simulate clinical learning in a safe non-clinical environment to help graduate the most competent, confident, and ready practitioner for today’s healthcare system. By joining forces with Wallcur, 3B Scientific aims to further empower healthcare professionals and educators with cutting-edge training solutions.
The synergies between 3B Scientific and Wallcur are evident in their shared dedication to improving patient outcomes through effective training. This strategic alliance will combine the strengths of both companies, enabling them to provide an even broader range of simulation solutions that cater to the evolving needs of medical educators and practitioners.
“This acquisition is a reflection of our unwavering commitment to enhancing healthcare education worldwide,” said Todd A. Murray, CEO of 3B Scientific. “Wallcur’s expertise and track record in healthcare simulation perfectly align with our mission. Together, we will continue to deliver world-class training solutions that have a lasting impact on medical education.”
Wallcur’s Managing Member, Brett Lanuti, expressed enthusiasm about the merger, sharing, “Joining forces with 3B Scientific is an exciting opportunity to take our simulation offerings to new heights. We are confident that this partnership will benefit the healthcare community by raising the bar for medical education.” Concurrent with the transaction Mr. Lanuti will transition out of the business and Wendy LaGrange currently Vice President of Sales and Business Development will assume a leadership role for Wallcur as Vice President and Managing Director for the Wallcur business.
As part of the acquisition, Wallcur will continue to operate under its brand name, and its headquarters will remain in San Diego, CA. Customers can expect the same level of excellence and commitment to quality that Wallcur has consistently delivered over the years.
About the 3B Scientific Group
3B Scientific, established in 1948 in Hamburg, Germany, is a global provider of state-of-the-art medical simulators, catering to medical education training across all levels. Building on an extensive range of top-quality educational and simulation products, the 3B Scientific Group of Companies has established a strong presence in over 120 countries worldwide. Using this wide-reaching platform, 3B Scientific continues to drive its mission forward: advancing the delivery of medical and healthcare education worldwide.
Wallcur is a trusted name in healthcare simulation, specializing in products that enhance medical education and training. With a history of excellence dating back to 40 years, Wallcur has been at the forefront of developing realistic and effective simulation solutions that benefit medical professionals and students worldwide.
Wallcur was born out of a desire to teach future nurses using an innovative approach to learning. Wallcur started with the world-renowned MATH FOR MEDS book, which became the highly successful standard for learning dosages and solutions throughout the US and Canada. Today, with continued educator feedback, collaborative research, and design, Wallcur has upheld its mission to provide the most up-to-date, realistic, and cost-effective simulated clinical practice available.
Worldwide Speakers Group (WWSG) is proud to announce that former Governor of Maryland, Larry Hogan has joined their roster of global thought leaders.
BALTIMORE and WASHINGTON, Oct. 2, 2023 /PRNewswire/ — Worldwide Speakers Group (WWSG) is proud to announce that former Governor of Maryland, Larry Hogan has joined their roster of global thought leaders. WWSG will facilitate the former Governor’s global speaking engagements exclusively.
“Worldwide Speakers Group is a leader in its industry, and I am honored to join the roster of distinguished thought leaders that WWSG currently represents. I look forward to continuing working with Bob Thomas, Dan Sims, and the entire WWSG team,” said former Governor Hogan.
Larry Hogan isn’t a career politician. A best-selling author, lifelong small business owner, cancer survivor, and the most popular Governor in the history of Maryland, Governor Hogan’s unique insights into crisis management and leadership have been recognized internationally.
Hogan’s array of relevant speech topics include: Unity, Civility, Crisis Leadership and Communications, Workforce Development, Cybersecurity Infrastructure, Economic Turnaround, and remarks on the upcoming election as it may pertain to specific industries.
The former Governor joins several other high-profile thought leaders to sign with WWSG, including The Honourable Stephen Harper (22nd Prime Minister of Canada), Robert Zoellick (Former World Bank President), Sheila Bair (19th Chair of the U.S. Federal Deposit Insurance Corporation), Gary Locke (21st Governor of Washington and Former Secretary of Commerce), Niall Ferguson (Visionary Historian and Author), Chris Miller (Award-Winning Author of Chip War and Macroeconomic and Geopolitical Advisor), General John Kelly (Former Secretary of Homeland Security & Chief of Staff to the President), Elaine Chao (Former Secretary of Transportation and Secretary of Labor), and many more.
Worldwide Speakers Group operates on six continents representing an elite roster of global thought leaders, working with multinational financial services and healthcare organizations, trade associations, colleges and universities, and public lecture series to skillfully connect them with the world’s top speakers. For more information, visit wwsg.com or call (703) 373-WWSG (9974).
NEW YORK, Oct. 2, 2023 /PRNewswire/ — The sports supplement market size is expected to grow by USD 2.2 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 8.52% during the forecast period. Increased participation in sports and fitness activities drives the market growth. However, factors such as the presence of counterfeit products may impede market growth. The market is segmented by type (protein and non-protein), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format
Technavio has announced its latest market research report titled Global Sports Supplement Market 2023-2027
Key Segment Analysis
The market share growth by the protein segment is significant during the forecast period. The protein segment plays a vital role in muscle repair and growth. There is an increasing adoption of protein supplements by several as part of their training regimen. The main advantage of these supplements is that they offer a convenient and easily digestible source of protein, which helps promote muscle protein synthesis and aids in muscle repair. There is a growing focus on health and fitness which has resulted in increased demand for sports supplements, especially protein-based ones, as people seek convenient solutions to support their fitness goals. In addition, there is a significant growth of non-protein supplements containing caffeine, creatine, beta-alanine, and nitric oxide boosters which have the potential to enhance energy, strength, power, focus, and endurance during exercise. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
To know additional highlights and key points on various market segments and their impact in coming years, View a FREE PDF Sample Report.
Geographical Market Analysis
North America accounts for 46% of the growth of the global market during the forecast.
Company Insights
The sports supplement market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including Abbott Laboratories, Amway Corp., Ascendis Health Ltd., Associated British Foods Plc, BPI Sports, Clif Bar and Co., Competitive Edge Labs LLC, Glanbia plc, GlaxoSmithKline Plc, Haleon Plc, Herbalife International of America Inc., Meiji Holdings Co. Ltd., MusclePharm, Nestle SA, NOW Health Group Inc., PacificHealth Labs, Pro Action srl, Universal Nutrition, Vitaphar NV, and Weider Global Nutrition LLC.
View the FREE PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
FAQS
How do the major trends impact the market?
How big is the North America market?
How do the key drivers and challenges impact the market?
Related Reports:
The artificial sweetener marketsize is projected to increase by USD 2,017.87 million and the market size is estimated to grow at a CAGR of 5.05% between 2022 and 2027. This artificial sweetener market report extensively covers market segmentation by application (food and beverages, direct sales, pharmaceuticals, and others), type (aspartame, neotame, sucralose, acesulfame-k, and saccharin), and geography (APAC, North America, Europe, South America, and The Middle East and Africa). The increasing popularity of low-calorie sweeteners is the key factor driving the growth of the global artificial sweetener market.
Thepoke foods marketsize is projected to increase by USD 849.19 million and the market size is estimated to grow at a CAGR of 8.53% between 2022 and 2027. This poke foods market report extensively covers market segmentation by distribution channel (offline and online), product (varieties of tuna and other species), and geography (North America, Europe, APAC, South America, and Middle East and Africa). One of the key factors driving growth in the poke foods market is the health benefits of poke foods.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation byType
Market Segmentation by Distribution Channel
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
NEW HAVEN, Conn., Oct. 2, 2023 /PRNewswire/ — Biohaven Ltd. (NYSE: BHVN), a global clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of life-changing therapies to treat a broad range of rare and common diseases, today announced that it has commenced an underwritten public offering of $200 million of its common shares. All of the common shares to be sold in the offering will be offered by Biohaven. In addition, Biohaven expects to grant the underwriter a 30-day option to purchase up to an additional $30 million of common shares at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. Biohaven intends to use the net proceeds received from the offering for general corporate purposes.
J.P. Morgan Securities LLC is acting as the book-running manager of the offering.
The offering is being made only by means of a prospectus supplement and the accompanying prospectus, copies of which, when available, may be obtained from the offices of J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at [email protected].
The shares will be issued pursuant to an effective shelf registration statement on Form S-3. Before investing in the offering, interested parties should read the prospectus and related prospectus supplement for this offering, the documents incorporated by reference therein and the other documents Biohaven has filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of such state or jurisdiction.
Forward-looking Statements
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of certain words, including “continue”, “plan”, “will”, “believe”, “may”, “expect”, “anticipate” and similar expressions, is intended to identify forward-looking statements. Investors are cautioned that any forward-looking statements, including statements regarding the timing, size and completion of the proposed public offering as well as the expected use of proceeds related thereto are not guarantees of future performance or results and involve substantial risks and uncertainties. Actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors including: Biohaven’s ability to complete the offering of its common shares on the proposed terms, or at all, changes in market conditions, and Biohaven’s expectations related to the use of proceeds from the offering of its common shares. Additional important factors to be considered in connection with forward-looking statements are described in Biohaven’s filings with the Securities and Exchange Commission, including within the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”. The forward-looking statements are made as of the date of this new release, and Biohaven does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor Contact:
Jennifer Porcelli Vice-President, Investor Relations [email protected] (201) 248-0741
Expands its geographic footprint and product portfolio
MINNEAPOLIS, Oct. 2, 2023 /PRNewswire/ — Minneapolis based Fabcon Precast announced today that it has acquired Bristol Precast, a division of The Bristol Group.
The Bristol Group is a design-build commercial construction firm and manufacturer of precast concrete wall panels and other structural products, serving customers in the industrial, multi-family, hospitality, commercial, corrections and parking structure markets. Bristol Precast provides engineered precast and prestressed concrete products throughout Kentucky, Ohio, Indiana, Tennessee, Missouri and West Virginia. Bristol Precast has offices in Lexington as well as a state of the art production facility in Charlestown, Indiana. The purchase includes all aspects of the Bristol Precast business.
“The Bristol Precast acquisition will enable Fabcon to expand our Mid-South market penetration and to better serve the region with the most comprehensive selection of precast solutions available,” said Mike Rafi, CEO of Fabcon. “We are committed to offering the best customer experience as we expand our footprint and our capabilities.”
John Pennington, President of The Bristol Group, will join Fabcon and support the effort to integrate the business and ensure a smooth transition for all of Bristol customers.
“This transition is a great fit for Bristol Precast,” said Todd Ball, CEO of the Bristol Group. “Fabcon has a similar philosophy of offering premier products, creating strong market positions and delivering great service and support. For the Bristol Precast team, this combination offers additional growth opportunities.” The Bristol Group will continue operating its design-build engineering and construction business. Its customers, suppliers, and partners will experience no disruption during this transition period as it continues the service and support that have made it a trusted partner.
The acquisition of Bristol Precast enhances Fabcon’s position as a leading precast provider in the country. Eight strategically-placed manufacturing facilities give Fabcon an effective span of delivery that includes most everything east of the Rockies and north of the Gulf Coast. Fabcon is now located in Charlestown IN, Grandville, MI, Grove City, OH, Mahanoy City, PA, Pleasanton, KS, Savage, MN, Selkirk, NY and Trenton, MI.
About Solace Capital Partners Solace Capital Partners is a Los Angeles-based private investment firm focused on providing flexible capital solutions for middle market companies in the United States and Canada. Solace seeks to form collaborative partnerships with management teams and leverage the firm’s extensive resources to realize operational improvements and drive performance in its portfolio companies while generating attractive risk-adjusted returns for its investors. For more information, please visit solacecap.com.
About Fabcon Founded in 1971, Fabcon is a leading provider of structural precast wall panels. During its 52 years, the company has expanded capabilities, grown markets and pioneered multiple precast panel firsts. It currently operates out of eight manufacturing facilities and delivers product to nearly all of the 48 contiguous states. To contact one of Fabcon’s offices or sales and product professionals nationwide, visit FabconPrecast.com or call (800) 727-4444.
RENTON, Wash., Oct. 2, 2023 /PRNewswire/ — Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired the operations of Daleray Corporation (“Daleray”), a Fort Lauderdale, Florida based, privately held company that has operated under the Company’s Distribution By Air brand since 2014. The Company structured the transaction similar to its previous transactions, with a portion of the expected purchase price payable in subsequent periods based on the future performance of the acquired operations.
Originally founded in 2003 and operated by Ray Fulford and Dale Kloss, Daleray provides both domestic and international freight forwarding services and is well recognized for its expertise and in-depth knowledge and support of the cruise line industry. On a post-closing basis, Daleray will transition to operate as Radiant Global Logistics (“RGL-FLL”) and will anchor the company’s cruise logistics service offerings in south Florida. Dale Kloss will continue with the company as Director – Cruise Logistics, focused on developing advanced solutions for the cruise line industry. Ray Fulford will transition into a well-earned retirement after 53 years of service in the transportation industry. Assuming responsibility for the day-to-day operations of the station will be Michael Cuevas.
Dale Kloss commented, “Through years of dedicated services, our entire team here in Florida has developed some very strong relationships with our customers, vendors and associates around the globe. Our customers have always remained our top priority whether they were here in the United States or abroad and this philosophy has been key to our success. Back in 2014 Ray and I were looking to align ourselves with a partner who shared our passion for the business. We found that and so much more with Radiant: we are proud to fly the Radiant flag here in Florida. Radiant has consistently provided an environment for us to grow our business over the years.”
Ray Fulford echoes this sentiment. “I have appreciated the partnership with Radiant and enjoyed working with a professional and sound organization. It has been exciting to watch and be a part of the building momentum of the Radiant network and we are excited to now transition our business in a way that meets our own personal goals, while ensuring the continued success of our customers and employees.”
“The Daleray transaction and our long-standing partnership with Ray and Dale are significant to the continued evolution of Radiant,” remarked Radiant’s Founder and CEO, Bohn Crain. “We launched Radiant in 2006 with the goal of partnering with logistics entrepreneurs who would benefit from our unique value proposition and the built-in exit strategy. It is satisfying to be able to support Ray in his well-deserved retirement while at the same time continuing forward to an exciting next chapter with Dale and the team in Florida as we continue to develop and deliver advanced supply chain solutions for their cruise line and other customers.”
About Radiant Logistics (NYSE American: RLGT)
Radiant Logistics, Inc. (www.radiantdelivers.com) is a publicly traded third party logistics company providing technology-enabled global transportation and value added logistics solutions primarily to customers based in the United States and Canada. Through its comprehensive service offering, Radiant provides domestic and international freight forwarding along with truck and rail brokerage services to a diversified account base including manufacturers, distributors and retailers which it supports from an extensive network of Radiant and agent-owned offices throughout North America and other key markets around the world. Radiant’s value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment, inventory management and technology services.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans.All statements other than statements of historical fact contained herein, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects,” “intends,” “plans,” “projects,” “estimates,” “anticipates,” or “believes” or the negative thereof or any variation thereon or similar terminology or expressions. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause our actual results to differ from our expectations, include but are not limited to, the performance of our historic business at levels consistent with recent trends and reflective of the synergies we believe will be available to us as a result of our recent acquisitions; and those risk factors that apply to our operations as disclosed in Item 1A of our Report on Form 10-K for the year ended June 30, 2023 and other filings with the Securities and Exchange Commission and other public documents and press releases which can be found on our web-site (www.radiantdelivers.com). Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances occurring after the date hereof.
