Global Business Magazine

Tensive reports pivotal 12-month clinical trial data confirming REGENERA™ delivers natural breast reconstruction after lumpectomy

BusinessMagazine — Tue, 28 Jul 2026 06:30:00 +0000

Good-to-excellent cosmetic outcomes
30 of 94 patients enrolled have now reached 24 months of follow-up
High surgeon satisfaction sustained through study to date
Improvements in patient-reported breast satisfaction and cancer worry were statistically significant and durable to date
Five-year data from separate first-in-human study shows persistent volume replacement, device resorption leaving natural tissue, no capsule formation
First EU regulatory approval, anticipated in early 2027

Milan, Italy – July 28, 2026 – Tensive S.r.l., a clinical-stage advanced biomaterials medical device company, and the developer of REGENERA/SOFTAG bioresorbable scaffolds for breast reconstruction and tissue marking, today reported positive interim 12-month follow-up data from its ongoing pivotal trial (NCT05941299) evaluating the REGENERA implant in patients undergoing lumpectomy. One year after implantation, the device continued to demonstrate a favorable safety profile, high surgeon satisfaction and durable, good-to-excellent cosmetic outcomes, with sustained improvements in patient-reported quality of life and no interference with oncologic follow-up.

“These twelve-month data reinforce what we have seen consistently across our clinical program: REGENERA is safe, it integrates naturally, and the benefit to patients endures,” said Sanjay Kakkar, MD, Chief Executive Officer of Tensive. “A year after implantation, cosmetic outcomes remain excellent, surgeons remain highly satisfied, and patients report lasting improvements in how they feel about the affected breast and less anxiety about cancer. This was all achieved without interfering with imaging. As we advance toward commercialization, with CE Mark as soon as early 2027, these results bring us closer to offering millions of women who today have no viable option for reconstruction after lumpectomy a natural, permanent solution.”

Tensive’s innovative polymeric bioresorbable scaffolds allow a natural, non-invasive, permanent and safe solution for breast reconstruction during lumpectomy. Positive interim six-month results from Tensive’s ongoing pivotal trial were published in April 2026 in the peer-reviewed journal Updates in Surgery.

Key results from the 12-month follow up data

The 12-month follow-up data covers all 94 patients enrolled in the trial, of whom 87 have exceeded twelve months and 30 have now completed 24 months (two years) of follow-up. One procedure-related adverse event — post-radiotherapy redness and wound retraction that did not regress over time — was reported. Even with this finding, the percentage of potentially related events remains well below the pre-specified 5% safety threshold. Mean investigator’s satisfaction, measured on a 0–10 visual analogue scale, was 8.4 at implantation, 9.0 at six months, and 8.6 at twelve months, with a device usability score of 58 (scale 12–60).

Good-to-excellent cosmetic outcomes were recorded in 94.5% of evaluable cases at implantation, 96.5% at six months and 94.2% at twelve months. Patient-reported outcomes (BREAST-Q®) improved significantly versus baseline at both six and twelve months in the Satisfaction with Breast and Cancer Worry domains (p<0.001). REGENERA caused no interference with oncologic imaging on ultrasound, MRI or mammography. The full dataset from the pivotal trial will be the subject of a forthcoming peer-reviewed scientific publication.

These findings build on the six-month interim results published in Updates in Surgery in April 2026 [2] and on earlier first-in-human data [3,4], reinforcing a consistent picture of safety, biocompatibility and durable patient benefit as the pivotal trial matures toward its full read-out.

Five-year follow-up from first-in-human study

Separately, Tensive reported today that five-year follow-up from its first-in-human study continues to show excellent aesthetic outcomes, persistent volume replacement and vascularization of the implant site on ultrasound, with gradual resorption of the scaffold and no capsule formation — clear evidence suggesting that the natural reconstruction REGENERA is designed to deliver can be achieved.

Breast conserving surgery (BCS) is the gold standard for early-stage breast cancer, yet cosmetic outcomes remain a significant clinical challenge: deformity risk is substantial when tumor-to-breast ratios are high or lesions are centrally located and is associated with poor psychosocial outcomes and increased fear of recurrence [1]. Conventional volume replacement options carry autologous tissue rejection risk, longer operative times, and significant technical demands, leaving an estimated 1.6 million women per year without viable options for reconstruction after lumpectomy [1,2]. REGENERA addresses this directly; the sponge-like bioresorbable scaffold is placed during lumpectomy, fitting seamlessly within surgical workflows. It is bioresorbable (gradually replaced by the patient’s own natural tissue). Because REGENERA is a material similar in consistency to adipose tissue, it adapts to the surgical cavity without the need for any manual size adjustments and thereby offers surgeons a fast, convenient and low-risk solution during the initial lumpectomy surgery. Furthermore, as it is bioresorbable, it eliminates the risks, costs and inconvenience of further surgical intervention to reconstruct the breast or remove the device.

REGENERA/SOFTAG advanced biomaterial is a bioresorbable implant designed to be inserted in place of the surgically removed tumor during a lumpectomy procedure. The biomaterial used in REGENERA resembles a sponge with a fine scaffold matrix; it can be rapidly placed during the lumpectomy surgery in a fast one-step, minimally invasive, easy-to-adopt procedure for surgeons. The patient’s own healthy tissue regrows in the area initially filled by the biomaterial and gradually absorbs it. The result is breast restoration composed of the patient’s own natural tissue while preserving the patient’s original breast shape and feel from the time of surgery. Importantly, the implant is clearly differentiated from surrounding tissue on diagnostic imaging, facilitating precisely targeted delivery of radiotherapy and more accurate surveillance and follow-up.

References

[1] J.F. Waljee et al. Plast Reconstr Surg 2008. Analysis of unreconstructed lumpectomies based on estimates from ISAPS, BCRF, ACS, WHO and Global Market Insights.
[2] M. Ghilli et al. Safety of the use of an absorbable implant in breast-conserving surgery followed by radiotherapy: preplanned interim results from a prospective study. Updates in Surgery 2026. https://link.springer.com/article/10.1007/s13304-026-02629-3
[3] Mariniello et al. Breast Cancer 2023. https://doi.org/10.1007/s12282-023-01446-5
[4] Mariniello et al. Breast Cancer 2025. https://doi.org/10.1007/s12282-025-01780-w

Tensive S.r.l. (www.tensive.com) is a clinical-stage advanced biomaterials medical device company developing bioresorbable, biomimetic polymeric scaffolds for breast reconstruction and tissue marking for patients recovering from lumpectomy or undergoing cosmetic procedures. Tensive’s mission is to improve clinical outcomes and the quality of life for breast cancer patients worldwide through accessible, innovative, and sustainable solutions.

For more information please contact:

Tensive Srl

Cohesion Bureau

media@tensivemed.com
info@tensivemed.com

Italian and international media & investors
Giovanni Ca’ Zorzi
tensive@cohesionbureau.com
+33 7 84 67 07 27

Attachment

20260728_Tensive_PR_12_months_data_FINAL

Regarding audited financial statements for the year 2025 of Vytis Reno Loans 2025-1 DAC

BusinessMagazine — Tue, 28 Jul 2026 06:11:00 +0000

Vytis Reno Loans 2025-1 DAC (the Issuer) hereby informs that its audited financial statements for the financial year 2025, which under the securitisation transaction documents were required to be published by 30 June 2026, have not yet been finalised. The issuer is not subject to the statutory obligation to publish audited financial statements in the Central Database of Regulated Information (CRIB), as the par value of each bond exceeds EUR 100,000. The obligation to publish audited financial statements arises from the securitization transaction documents, the Terms and Conditions of the notes.
The previously appointed auditor was unable to continue the audit due to a technical and regulatory restriction. As the Issuer’s notes (ISIN LT0000136418) are admitted to trading on the regulated market operated by Nasdaq Vilnius AB, the Issuer is classified as a public interest entity. The auditor’s inability to continue the audit is not related to the Issuer’s financial position, operations or accounting records. The Issuer further confirms that its financial position has not deteriorated and that the securitisation transaction is operating as intended, with other obligations of the Issuer being performed in a timely and proper manner.
The Issuer hereby announces that Mazars has been selected as the new audit firm. Mazars is currently carrying out its client acceptance and onboarding procedures in respect of the Issuer. The audited financial statements for the year 2025 are expected to be completed and published by 15 November 2026.
The Issuer also informs that it will shortly submit a request to the Note Trustee, acting on behalf of the noteholders, for a waiver in respect of the consequences arising from the delayed delivery of the audited financial statements.
The Issuer will provide a further announcement regarding any material developments.

Contact person for further information:
Maria Dawnson
Director
maria.dawson1@tmf-group.com

Indonesian stocks stage massive turnaround, hitting bull market status after clocking a five-year low just last month

BusinessMagazine — Tue, 28 Jul 2026 03:55:40 +0000

An Indonesian worker walking next to a screen featuring market trading information at the Indonesia Stock Exchange (IDX) in Jakarta.

Adek Berry | AFP | Getty Images

Attractive valuations, quick intervention by local financial regulators and a gradual return of foreign investors have helped Indonesian stocks reach bull-market status after hitting a five-year low in early June.

Indonesia’s Jakarta Stock Exchange Composite Index is down about 29% year-to-date, but has reached the bull-market threshold of a 10%-plus gain since that trough last month, according to LSEG data. S&P Global ratings reaffirming Indonesia’s BBB sovereign rating with a stable outlook a couple of weeks ago helped boost sentiment.

“S&P’s affirmation removed an important macro overhang,” said Mohit Mirpuri, senior partner at SGMC Capital. “Over the past month, we’ve seen the market transition from pricing in deterioration to pricing in stabilization.”

Indonesian shares have been on a roller coaster for much of 2026 after index provider MSCI called into question governance on many of the country’s stocks and said it would consider downgrading the market to frontier status from emerging. Many of the companies have low free floats and significant concentration of ownership, for instance.

MSCI ultimately decided to hold off downgrading Indonesia’s market status, which was “a big relief” to investors and helped halt panic selling, according to Gareth Leather, senior economist at Capital Economics. Investors started pulling profits out of expensive AI and tech stocks and looked for safer, bargain-priced markets to put their cash into, he said.

“After months of heavy selling, Indonesian equities simply became too cheap to ignore,” Liza Camelia, head of research at Kiwoom Sekuritas Indonesia, told CNBC.

Investors were also relieved that fiscal risks may be less severe than previously feared, after government revenue surprised on the upside, with tax collections recovering strongly during the first half, Camelia noted.

The Indonesian regulator’s measures to have a higher minimum free float and tighter ownership disclosure requirements also helped “to address the market’s thin liquidity and associated transparency and concentration issues that drove some investors out,” said Jeemin Bang, associate economist at Moody’s Analytics.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

By CNBC

CNBC’s The China Connection newsletter: A U.S.-China debate that’s becoming bigger than tariffs

BusinessMagazine — Mon, 27 Jul 2026 23:00:02 +0000

In this article

U.S. and Chinese companies have come to dominate the global artificial intelligence race.

Imen Ben Youssef | Afp | Getty Images

Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I’m seeing and hearing from local businesses.

As Chinese startups build new artificial intelligence models and more American startups use them, they’re raising the stakes for U.S.-China relations.

The big story

China’s role in AI is transforming rapidly.

President Xi Jinping’s AI speech on July 17 and the coinciding release of Claude Fable 5 rival Kimi K3 were just a start. The flurry of U.S. government pushback on Chinese open-source models ignited calls against “premature restrictions” in an open letter Friday from Nvidia’s Jensen Huang and more than 20 other tech companies.

“To me, the release of Kimi K3 has kicked off a hornet’s debate in Washington about what to do about Chinese open-weight models,” said Ryan Fedasiuk, fellow at the American Enterprise Institute.

The debate will soon be tested at a high level.

In remarks late last week about a U.S. data center policy, U.S. President Donald Trump said he plans to discuss AI with Xi during a visit to the U.S. in late September. China’s foreign ministry responded by saying Beijing was ready to work with the U.S. on AI.

Whether the two countries end up being more collaborative — or adversarial — on the technology will be “very consequential,” said Lex Zhao, a Chinese-born venture capitalist who oversees $150 million in assets as a Boston-based managing partner at One Way Ventures.

“The reality is that a lot of American startups use Chinese AI models,” he said. “A lot of companies we invest in build on top of these models.”

Zhao believes the U.S. and China each hold “a lot of leverage” over the other, limiting what actions they will take on AI.

Such commercial interdependence is turning a technology challenge for Washington into a diplomatic one.

This month, China not only hosted its World AI Conference in Shanghai but also the APEC Digital Weeks in Chengdu, where nearly two dozen senior tech officials gathered — including from the U.S.

George Chen, partner and chair of digital practice at consultancy The Asia Group, attended both events.

“Now Beijing also views AI as a new kind of diplomacy to grab more allies and partners,” he said, adding that the coming Trump-Xi summit in Washington, D.C., in September will be the first time the two leaders can address AI diplomacy matters.

Overwhelming demand

China’s tech advances have come despite four years of U.S. restrictions on access to advanced semiconductors for training AI. Excitement over powerful new models is still constrained by computing power.

Earlier this month, AI consultant Shu Weibing said he visited Z.ai‘s offices, only to find a three-month waitlist for companies wanting to use the startup’s most advanced GLM 5.2 coding tools released in mid-June. Z.ai did not respond to a request for comment.

And just a few days after Moonshot launched Kimi K3, the startup said it was pausing new subscriptions due to computing power limits.

China is pouring resources into domestic computing capabilities. Z.ai is ramping up a giant 1-gigawatt data center, a source familiar with the matter confirmed to CNBC.

But the pace of Chinese AI releases, even as of late June, convinced slightly more Americans that China is more advanced than the U.S. on developing AI, according to a Pew Research survey. A separate Pew study in early July found that roughly half of Americans disagreed with both Democratic and Republican policies related to AI.

U.S.-based Hugging Face even said it had to use Z.ai’s GLM 5.2 to address a cyberattack from a rogue OpenAI model.

“The incident clearly underscores why open source is so necessary for American enterprise and it would be foolish to close it off,” said Fedasiuk, noting “I think it’s possible to stake out a middle ground here.”

Amid U.S. companies’ claims that Chinese developers stole AI capabilities, the most advanced U.S. open-source model to date, from startup Thinking Machines Lab, disclosed that it used DeepSeek and Kimi in the development process.

Other countries are watching closely. APEC representatives gathered in Chengdu published a statement Thursday in support of open-source AI models “that employ strong security assurance.”

It’s not clear whether policy, even if discussed by the leaders of the world’s two largest economies in two months’ time, can secure an edge in the fast-moving AI race.

The best practice among businesses is to use systems that give them the option to switch between different models, rather than just relying on one, said One Way’s Zhao.

As Chinese models improve and spread, it may become harder for companies in the U.S. and elsewhere not to build on them.

Need to know

Geely to make EVs at Ford plant in Spain under new joint venture

The joint venture is expected to include a new electric crossover for Ford, in “addition to a new member of the Bronco family, plus two electric Geely SUVs, with production starting in 2028,” the companies said. In China, car sales are headed for their worst year since 2021 as growth slows.

Industrial profit growth slows again in June

China’s industrial profits rose by 15.1% in June from a year earlier, down from May’s 21.1% gain. Investors will now turn to the Communist Party’s Politburo meeting, traditionally held in late July, where economists anticipate stronger easing language after the second-quarter slowdown.

Memory chipmaker CXMT skyrockets 470% in Shanghai debut

The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share. Shares surged to 49 yuan apiece on open. CXMT held a 7.67% share of the global DRAM market in 2025, based on fourth-quarter sales figures shared in its IPO prospectus.

Coming up

July 30: China Politburo policy meeting expected

July 31: Official manufacturing PMI

Aug. 3: RatingDog China General Manufacturing PMI

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

By CNBC

PRSA-NY Announces 2026 Big Apple Awards Shortlist Following Record Year of Growth

BusinessMagazine — Mon, 27 Jul 2026 17:11:00 +0000

New, expanded categories increased entries from a broad cross-section of NY PR
Tickets now on sale for September 17, 2026 gala at Sony Hall

NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) — PRSA-NY today announced the shortlist for the 2026 Big Apple Awards, recognizing outstanding public relations campaigns and communications professionals from across the New York metropolitan area. The shortlist reflects another fiercely competitive year for the awards program, with finalists representing agencies, corporations, nonprofits, and organizations of all sizes. Winners will be honored at the 2026 Big Apple Awards Gala on Thursday, September 17 at Sony Hall in New York City.

The 2026 Big Apple Awards sustained their impressive momentum, drawing more entries than last year and spotlighting a significantly broader range of winning organizations. The results demonstrate both growing participation and the exceptional quality of work submitted across the communications profession. Established in 1988, the Big Apple Awards celebrate outstanding achievement in public relations, marketing communications, and reputation management by honoring work that delivers measurable impact and advances the communications profession. Nominees, entrants and members of the NY metro PR community can now purchase tickets for the 39th Big Apple Awards. Early bird ticket rates are available for all until August 31, 2026.

Expanded Categories, Bigger Awards Program for 2026 Big Apple Awards
This year’s Big Apple theme, Where Stories Move Hearts, Minds and Markets, reflects the growing impact of communications in shaping trust, influence, and real business outcomes in the nation’s largest media market. With this broader view of impact in mind, PRSA-NY refreshed and expanded the categories to include honors recognizing excellence in financial communications, fintech, AI innovation, and purpose-driven campaigns, and relaunched the Ally Award, which celebrates communicators who are advancing equity, inclusion, and meaningful change.

“The Big Apple Awards have always celebrated great work. What stands out this year is just how broad that excellence has become,” said Paul Cohen, President of PRSA-NY. “The shortlist reflects a communications profession that’s more diverse, more strategic, and more influential than ever before, with outstanding work coming from organizations of every size and across every sector.”

“Our goal for the awards was to accurately represent the full breadth of the PR industry here in New York, including major agencies, mid-size firms and dedicated in-house communications teams at non-profits and public companies alike – and we’re proud to see the exceptional results of this work,” said Stephanie Jo Peksen, co-chair of the 2026 Big Apple Awards.

“Our congratulations to every finalist, and extra thanks to our 54 judges for the care and expertise they brought to what was an exceptionally competitive field,” said Marc Drechsler, Big Apple Awards Co-Chair.

After a rigorous judging process conducted by communications leaders from across the profession, PRSA-NY selected the following finalists for recognition at the 2026 Big Apple Awards:

2026 BIG APPLE AWARDS HONOREES SHORTLIST

Best AI Platform or Service
- Content OS, Notified
Best Education Program
- Amplifying Youth-Led Journalism: Emerging Storytellers Illuminate Addiction and Recovery Across Minnesota, Padilla
Best Use of Owned Social Media
- Travelers Championship: Elevating New England’s PGA TOUR Event Through Social-First Storytelling, MikeWorldWide
- Hot Seats for Dove, Edelman
Best Use of Spokesperson/Influencer
- Corporate Natalie and Aruba Make VTO the New PTO, Zeno Group
- From Ambassador to Architect: How Serena Williams Made Reckitt Catalyst Impossible to Ignore, HAVAS Red and Reckitt
- From the Makers of Dramamine, Advanced Herbals® Ginger Chews Gives Travelers a ‘Chew Over’, 360PR+
- Travelers Championship: Elevating New England’s PGA TOUR Event Through Social-First Storytelling, MikeWorldWide
- Humana Game Changers: The Next Chapter, Coyne PR
- Gut Health in Motion with IBgard and Katie Austin, Carmichael Lynch Relate
- CeraVe Taps Jake Shane to Skin-terrogate Derms at AAD, Coyne PR
Best Use of Video in a Campaign
- A Patient’s Journey with Pain Management, Coyne PR
- Lysol Here For Healthy Schools: SOMO (Sick of Missing Out), HUNTER
Corporate Social Responsibility
- Owens Corning Roof Deployment Project, Coyne PR
- Here’s What We Know, Weill Cornell Medicine
Crisis Communications & Issue Management
- Seeing RealSense, Bospar
- The Trevor Project’s Emergency Lifeline Campaign for LGBTQ+ Youth, The Trevor Project
- Common Cause, The TASC Group
Diversity, Equity, Inclusion & Belonging
- The Trevor Project: Zach Eisenstein, Director of Communications & Public Engagement, The Trevor Project
Events & Observances
- Bringing ALE-ves home for the holidays with Breckenridge Brewery – Diffusion x Breckenridge Brewery, Diffusion PR
- The Littlest Float: How Goldfish Turned the Smallest Float into a National Media Moment, Zeno Group
- Premier Protein x Milk Bar Protein-Packed Sweet Treat Menu, HUNTER
Excellence in Financial Communications
- Zito Partners/Thornburg Investment Management ETF Launch Campaign, Zito Partners
- Weber Advisory supports BMO’s Real Financial Progress Index, Weber Shandwick
- The Smart Response: How Smarty Owned the Tariff Moment, Bospar
Excellence in Fintech Communications
- Differentiating DP’s Human-Guided Approach to Technology Solutions, Aspectus Group
Excellence Utilizing AI in a Communications Campaign
- When AI Said You’re Dead: Building the Industry’s First GEO Auditing Framework, Bospar
- Expertise at Scale: How One Practitioner Used AI to Build Category Authority in Private Equity, ToltIQ
Generational Targeted Marketing
- Bridging the Gap: Creating a Data-Driven Narrative on the Succession Crisis for Financial Advisors, Kestra Financial and Bluespring Wealth, with Vested
- Regeneron Urges Men 65+ to Get Real About Skin Cancer, GCI HEALTH
Integrated Communications
- The Future of Audit. Now. Telling EY Assurance’s transformation story, M Booth
- Sea-to-Table Restaurant Week 2025, Padilla
- Sip Into The White Lotus, HUNTER
- Celebrating the Wins with Dairy Queen, MikeWorldWide
- Aruba Redefines Tourism, Responsibly, Zeno Group
- Expertise at Scale: How One Practitioner Used AI to Build Category Authority in Private Equity, ToltIQ
- Drivers with Drive: How Pennzoil Turned a Shared Performance Mindset into Cultural Relevance and Retail Results, Coyne PR
Marketing Business-to-Business
- Elevating the Workforce Through Thought Leadership – Phaidon International x Diffusion, Diffusion PR
- The Future of Audit. Now. Telling EY Assurance’s transformation story, M Booth
- Expertise at Scale: How One Practitioner Used AI to Build Category Authority in Private Equity, ToltIQ
Marketing Consumer Products & Services
- Sound the Alarm: How Edible Turned a TV Moment Into Cultural Buzz, Coyne PR
- ReLAX and Unwind with Virgin Atlantic and Alan Cumming, 360PR+
- Driving Trends in Pop Culture – Wattpad x Diffusion, Diffusion PR
- “Breathapy”: TheraBreath & Jake Shane Turn an Awkward Conversation into Fresh Confidence, Coyne PR
- TUMS Makes Gameday Food Dreams a Reality with TUMS Fantasy Foodball Pool, Haleon
- Peppercomm x Sharp at KBIS, Peppercomm & Sharp
- Elijah Craig Bourbon Captures Lightning in a (Different) Bottle, Three Cheers
- A Patient’s AHP Journey in Motion, Alnylam
- From Food Brand to Community Builder: Bob’s Red Mill’s “Moregetherness” Campaign, 360PR+
- Red Robin Bottomless Burger Pass, Carmichael Lynch Relate
- Celebrating the Wins with Dairy Queen, MikeWorldWide
Media Relations Innovative
- Celebrating the Wins with Dairy Queen, MikeWorldWide
- Lysol Laundry Sanitizer: “An Ode-r to Refs”, HUNTER
- Engineering Trust in a Terminator Market: How Fauna Robotics bottled lightning, The Bulleit Group
Mental Health & Awareness
- Big Apple Award for Mental Health – Nonprofit Organization: OK Today, Global Gateway Advisors
Reputation/Brand Management & Engagement
- Seeing RealSense, Bospar
- Invested in America: Redefining Corporate Perception, U.S. Businesses of Philip Morris International
- Reframing the Tariff Debate: Elevating Canned Seafood in the National Economic Conversation, HUNTER
- The Future of Audit. Now. Telling EY Assurance’s transformation story, M Booth
Website, Blog, Newsletter or Microsite
- Meredith & The Media Redefines the Modern Day Media Mix, Bridging Journalism & Communications, Meredith & The Media

Big Apple Awards Gala Tickets On Sale Now
Winners will be announced during the 2026 Big Apple Awards Gala, where communications professionals from agencies, corporations, nonprofit organizations and institutions will convene to celebrate standout work and recognize excellence across the industry. Tickets can be purchased online now. Additional honors, including individual achievement awards and recognition of the 2026 15 Under 35 Awards class, will also be presented during the gala.

Sponsors for 2026 Big Apple Awards
PRSA-NY is grateful for the support of its members and the broader PR community, including sponsors Edelman, HUNTER, Burson, 360PR+, Truescope, Davis + Gilbert LLP, Anchin, The Museum of Public Relations, D S Simon Media, Coyne PR and Notified. Sponsorship opportunities are available at a variety of levels to join the Sponsor Honor Roll. Contact fays@commpro.biz to learn more.

About PRSA-NY
The New York Chapter of the Public Relations Society of America is the best-established, most substantial and most influential group of public relations professionals in the country. Located in the media capital of the world, PRSA-NY offers its members top-level career development and education, networking, mentoring and award programs. PRSA-NY serves communications decision-makers at agencies, businesses, nonprofit organizations and public and private institutions. Learn more at https://www.prsa-ny.org/

Press Contact:
Justine Mrsich, M.S., APR
justine.mrsich@outlook.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9f87f575-9d31-4a2d-8d13-713de0313c50

Cosmos Health Advances Its Technology-Driven Transformation with an AI-Enabled Subscription Platform Across B2C and B2B Channels

BusinessMagazine — Mon, 27 Jul 2026 17:05:00 +0000

Digital subscription platform brings together the Company’s proprietary consumer health products across consumer (B2C) and corporate (B2B) channels
Customers can begin through one of three paths: a free nutritionist consultation, an AI-powered assistant, or building their own package
Corporate offering supports employee wellness programs and corporate gifting through multi-recipient management, tiered volume pricing, centralized billing, and dedicated account management
Future platform enhancements are expected to include AI-driven personalization and the potential integration of at-home testing and diagnostic kits
Platform builds on the U.S. subscription launch of NOOR Collagen, which has delivered an early repeat purchase rate above 60%

CHICAGO, July 27, 2026 (GLOBE NEWSWIRE) — Cosmos Health Inc. (“Cosmos Health” or the “Company”) (NASDAQ:COSM), a diversified, vertically integrated global healthcare group, today announced that it is actively developing a flexible, technology-driven subscription platform for its consumer health products, representing a significant step in the Company’s broader technology-driven transformation.

Designed around customer choice, the platform will allow customers to begin with a free consultation with a nutritionist, engage with an AI-powered assistant, or select products and build their own package. Based on each customer’s health and wellness goals, the platform will assemble a personalized package consisting primarily of Cosmos Health’s proprietary products, supplemented where appropriate with third-party products to address broader customer needs.

The platform is being designed to support multiple purchasing models, including consumer subscriptions (B2C) at the customer’s preferred frequency; corporate subscriptions (B2B) for employee wellness programs and corporate gifting, with multi-recipient management, tiered volume pricing, centralized billing, and dedicated account management; and one-time or gift purchases that may convert into ongoing subscriptions.

Recurring and one-time payments are expected to be processed through a secure, integrated checkout, with invoicing available for corporate accounts.

Over time, the Company intends to enhance the platform with AI-driven personalization that refines recommendations based on customer data and preferences. Cosmos Health also plans to explore the integration of at-home testing and diagnostic kits, which could allow subscriptions to be informed by individualized health insights.

The platform builds on the subscription model launched in the United States with NOOR Collagen, which has delivered encouraging early results, including a repeat purchase rate above 60%. The Company intends to expand the platform into international markets as it advances its strategy of building a scalable, technology-enabled, recurring-revenue business.

Greg Siokas, CEO of Cosmos Health, stated: “We are building a subscription platform designed to meet customers wherever they are—whether they are individual consumers, corporate clients, or one-time buyers—and turn each interaction into a lasting relationship. By combining personalized guidance with technology, and over time AI-driven personalization and diagnostic insights, we intend to deliver a differentiated consumer health experience while building the predictable, recurring revenue that creates long-term value for our shareholders.”

About Cosmos Health Inc.
Cosmos Health Inc. (Nasdaq:COSM), incorporated in 2009 in Nevada, is a diversified, vertically integrated global healthcare group. The Company owns a portfolio of proprietary pharmaceutical and nutraceutical brands, including Sky Premium Life®, Mediterranation®, bio-bebe®, C-Sept® and C-Scrub®. Through its subsidiary Cana Laboratories S.A., licensed under European Good Manufacturing Practices (GMP) and certified by the European Medicines Agency (EMA), it manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union. Cosmos Health also distributes a broad line of pharmaceuticals and parapharmaceuticals, including branded generics and OTC medications, to retail pharmacies and wholesale distributors through its subsidiaries in Greece and the UK. Furthermore, the Company has established R&D partnerships targeting major health disorders such as obesity, diabetes, and cancer, enhanced by artificial intelligence drug repurposing technologies, and focuses on the R&D of novel patented nutraceuticals, specialized root extracts, proprietary complex generics, and innovative OTC products. Cosmos Health has also entered the telehealth space through the acquisition of ZipDoctor, Inc., based in Texas, USA. With a global distribution platform, the Company is currently expanding throughout Europe, Asia, and North America, and has offices and distribution centers in Thessaloniki and Athens, Greece, and in Harlow, UK. More information is available at www.cosmoshealthinc.com, www.skypremiumlife.com, www.cana.gr, www.zipdoctor.co, www.cloudscreen.gr, as well as LinkedIn and X.

Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein may contain 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. Words such as “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” and similar expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could,” generally identify forward-looking statements, although not all forward-looking statements contain these words. These statements involve risks and uncertainties that may individually or materially affect the matters discussed herein for a variety of reasons outside the Company’s control, including, but not limited to: the Company’s ability to raise sufficient financing to implement its business plan; the effectiveness of its digital asset strategies, including accumulation and yield-generating activities; the impact of the war in Ukraine and ongoing conflicts in the Middle East and other regions on the Company’s business, operations, and the economy in general; the Company’s ability to successfully develop and commercialize its proprietary products and technologies; changes in interest rates; changes in foreign currency exchange rates, commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges and of adopting certain accounting standards; the impact of legal and regulatory changes, including changes to tax laws and regulations; guidance for fiscal 2026 and beyond and financial outlook. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described from time to time in our periodic reports filed with the SEC and available at the SEC’s website (www.sec.gov). There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.

Investor Relations Contact:
BDG Communications
cosm@bdgcommunications.com

Nvidia, SpaceX, Microsoft launch AI safety initiative as OpenAI cyberattack fallout continues

BusinessMagazine — Mon, 27 Jul 2026 11:32:45 +0000

In this article

Nvidia and a host of tech giants on Monday launched a new artificial intelligence safety initiative focused on open models, as the fallout from a cyberattack committed by rogue OpenAI models continues.

Last week, it emerged that the target of the attack, startup Hugging Face, was unable to use leading U.S. frontier models to defend itself, with guardrails not distinguishing between aggressor and defender. Instead, it turned to a self-hosted, open-weight Chinese model, which was not bound by those same restrictions.

In the wake of U.S. lawmakers increasingly weighing how to curb growing adoption of Chinese AI models, the most advanced of which are open weight, tech giants have launched an initiative aimed at building and sharing open AI tools.

Open models can be downloaded, modified and self-hosted, in contrast to closed models — including frontier systems built by Anthropic and OpenAI — which can only be accessed through specific infrastructure.

“The Open Secure AI Alliance will work to remediate and disclose vulnerabilities using open technologies,” Nvidia said in a statement. “The recent Hugging Face security incident delivered a clear reminder: cyber defenders need open, frontier agentic systems for self-defense.”

Alongside Nvidia, other members of the alliance include Microsoft, SpaceX, Palantir, and dozens of other tech companies from the U.S. and Europe.

The push to curb Chinese AI

There are growing calls for measures to limit access to models built by Chinese AI companies, which have been accused of campaigns to extract information from U.S. rivals’ systems, known as “distillation” — when one model extracts knowledge from a better-trained model.

Last week, Treasury Secretary Scott Bessent threatened sanctions on Chinese companies that commit distillation attacks against U.S. companies.

“There is a real possibility the US government does impose restrictions on Chinese models,” Chris McGuire, senior fellow for China and emerging technologies, at think tank the Council on Foreign Relations, told CNBC.

That could include a ban on transactions involving the models, such as purchasing tokens via an API or U.S. companies hosting the model on the cloud and charging customers for inference, he said.

“In Washington this is not a debate about open-source vs closed-source, it is a debate about whether or not to tolerate Chinese IP theft,” McGuire said. “Any actions would be focused on Chinese companies, not the open-source ecosystem.”

But with the majority of the most capable open-source models being built by Chinese companies, there are concerns over restrictions.

Last week, Nvidia, Microsoft, Meta, Palantir and more than 20 other companies released a letter urging policymakers to avoid “premature restrictions” on open-weight AI models that would “stifle competition or drive innovation overseas.”

The OpenAI-Hugging Face incident showed a “practical truth,” said Nvidia. “When defenders cannot inspect, adapt and run advanced AI on their own infrastructure, their ability to respond is constrained at exactly the moment speed matters most.”

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

By CNBC

OMODA 4 Ignites Global Buzz Ahead of ASEAN Debut on July 27

BusinessMagazine — Mon, 27 Jul 2026 03:07:00 +0000

WUHU, China, July 26, 2026 (GLOBE NEWSWIRE) — On July 27, OMODA & JAECOO will host the “OMODA SUPER AI NIGHT” event in Indonesia. At the event, OMODA 4, a Cyber-Mecha-inspired trendy SUV specially designed for“CYBER LOHAS”, will make its ASEAN debut and officially showcase the full capabilities of its Super AI Smart Cockpit.

For the brand, this event marks a significant extension of its technology roadmap and represents the first comprehensive showcase of OMODA 4’s core intelligent capabilities. Previously, with the SHS (Super Hybrid System), OMODA & JAECOO demonstrated its “super performance” capabilities in global markets. Building on its personalized and youthful brand positioning, OMODA & JAECOO has developed the Super AI Cockpit that Truly Understands Global Youth, establishing a dual technical strategy that integrates both performance and intelligence.As the first mass-production model under the brand’s “Super Intelligence” strategy, OMODA 4’s AI Smart Cockpit features four core capabilities: Better Intent Understanding, Better Understanding of User Habits, Better Understanding of Emotions, and Better Understanding of Trends. It understands intentions by accurately predicting users’ operational needs and simplifying interaction processes. It understands habits by learning users’ driving preferences and intelligently adapting to different mobility scenarios. It understands emotions by leveraging multi-dimensional sensing technologies to provide thoughtful feedback and create a warmer, more human-centered cabin environment. It understands trends by continuously integrating popular functions and digital content ecosystems favored by younger communities, aligning with the aesthetics and interests of CYBER LOHAS.

With its distinctive Cyber-Mecha positioning and comprehensive intelligent product capabilities, OMODA 4 has been capturing global attention among young consumers since its debut at the 2026 Beijing Auto Show. Even before its official market launch, it has already become one of the most anticipated new models in the global automotive market for 2026.

From ASEAN to the Middle East, Europe, and Latin America, discussions and expectations from users across different regions have converged into a global wave of enthusiasm.In Malaysia, the response has been particularly strong. Following the local automotive platform Automachi’s report that “OMODA 4 is confirmed to launch in the Malaysian market,” the model has generated widespread discussion. Its futuristic design appeal and comprehensive product attributes received positive feedback from both high-end customers and mainstream consumers. In the Middle East, consumers have shown strong interest in its pioneering design and intelligent features, with many reaching out through official brand channels asking, “Where can I find more information? ”European users have focused on pricing, launch timing, and product details, with many actively asking, “When will it be available?” and “I’m interested—what is the expected launch price? ”In Brazil, users have praised its striking design and advanced technology, with one enthusiast commenting, “I love this blue version so much! I’ve been dreaming of owning this car since last year. It’s amazing.”

OMODA 4 is more than just a means of transportation—it represents the attitude and aesthetics of a new generation, while serving as an intelligent mobility companion that truly resonates with users. At the “OMODA SUPER AI NIGHT” on July 27, OMODA 4 will fully demonstrate its intelligent capabilities. Through an all-round cockpit experience featuring “Better Intent Understanding, Better Understanding of User Habits, Better Understanding of Emotions, and Better Understanding of Trends”, OMODA 4 will bring a more futuristic mobility experience to every young consumer who refuses to settle for the ordinary.

About OMODA & JAECOO

As a youthful, personalized global brand, OMODA & JAECOO lives by the vision of “Co-creating a Beautiful Life with Young People.” OMODA is dedicated to embracing pioneering global consumers, striving to build “the World’s Leading Crossover Brand.” It delivers fashion-forward vehicles with cutting-edge design and futuristic technology to Gen Z, redefining trendy travel culture with a crossover attitude. JAECOO adheres to the philosophy of “From Classic, Beyond Classic,” and is committed to becoming a “Global Elegant Off-Road Brand.” With exceptional four-wheel drive performance, forward-thinking intelligent technologies, and outstanding safety features, it leads a new era of elegant off-road driving.

Born Green, OMODA & JAECOO leverages the world-leading SHS super hybrid technology (covering both PHEV and HEV) to offer the best hybrid solution for global users, driven by the core advantages of “Super High Power, Super Low Energy Consumption, and Super Long Combined Range.” At the same time, the brand is accelerating its BEV technology deployment, responding to diverse mobility needs with stronger and more comprehensive technological capabilities.

In terms of intelligence, the brand focuses on intelligent driving and intelligent cockpit. Powered by SIVP (Super Intelligent Valet Parking) and AI cockpit technologies as key enablers, it builds a full-scenario smart mobility experience and continues to lead the future of mobility. In addition, in collaboration with AiMOGA, the brand has developed robots that extend smart technology into diverse interactive scenarios, broadening the landscape of smart living.

Driven by deep insights into user needs, the brand hit one million in sales in just three years, setting the fastest growth record in the global automotive industry. To date, it has expanded into 77 markets worldwide, covering Europe, Asia, Australia, Africa, Latin America, and the Middle East. Europe stands out as a particularly strong market – the brand has already entered 22 European countries and become one of the fastest-growing car brands.

Contact Person: Wu Zehui

Email: wuzehui@mychery.com

Website: https://www.omodajaecoo.com/

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/60b3f604-25d8-472c-81c6-802abe60ecdc

https://www.globenewswire.com/NewsRoom/AttachmentNg/246ed300-1afb-45e1-8ed7-87770f0e077b

https://www.globenewswire.com/NewsRoom/AttachmentNg/4e92b4b3-ac7f-4784-97f0-4f464b0108cc

China industrial profit growth slows again in June as retreating oil prices sap earnings lift

BusinessMagazine — Mon, 27 Jul 2026 02:02:04 +0000

LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China.

He Huawen | Visual China Group | Getty Images

China’s industrial profits rose 15.1% in June from a year earlier, according to data released Monday by the National Bureau of Statistics, slowing for a second straight month as easing energy prices took the edge off the price gains that had driven this year’s rebound.

The June figure extended a two-month deceleration, after May’s 21.1% gain marked the first slowdown since November.

For the first half of this year, profits climbed 18.7%, slowing from the 18.8% pace recorded in the January-May period.

Industrial corporate earnings have staged a notable turnaround this year, swinging from barely positive growth in 2025 to double-digit gains, as an artificial intelligence-fueled boom in chip and equipment manufacturing coincided with the end of nearly three years of factory-gate deflation.

The recovering profit has also been helped by a favorable comparison with last year. Earnings fell 3.6% in June last year and declined 2.8% in the first half of 2025.

Factory-gate prices also rose 3.6% year on year in the second quarter, the first positive reading since late 2022.

That reflation boost appears wobbly, as much of the price recovery was driven by surging global energy costs, while domestic demand lags, economists say.

Producer prices dipped 0.3% month-on-month in June, the first decline since July 2025, according to LSEG data, as normalizing tanker flows through the Strait of Hormuz pulled oil, refined-fuel, and petrochemical prices lower.

Investors will now turn to the Communist Party’s Politburo meeting, traditionally held in late July, where top leaders will review first-half performance and set policy direction for the rest of the year.

Economists anticipate stronger easing language after the second-quarter slowdown, though expectations for a large stimulus package remain low, as Beijing refrains from more forceful action given resilient exports and its focus on curbing excess factory capacity.

“The Politburo is likely to make policy support mildly more urgent, prioritizing faster fiscal rollout,” said Robin Xing, chief China economist at Morgan Stanley, pegging their baseline as a “gradual policy ramp-up rather than a one-off stimulus push.”

“Growth should stay resilient thanks to exports, even as domestic demand lags,” Xing said, citing the AI-driven investment cycle — in which China is a key hardware supplier — and a broader Asian industrial capex super-cycle that is now unfolding.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

By CNBC

Rentomojo Expands Its Dedicated Water Purifier Service in Hyderabad With In-House DriftGo, NiraFlo and RM Premium Ranges, Free 6-Month Filter Replacements and Lifetime Maintenance

BusinessMagazine — Sun, 26 Jul 2026 09:56:00 +0000

Designed for Hyderabad’s varying TDS levels, the managed subscription includes technician-led water testing, installation within 48–72 hours, scheduled filter replacements and lifetime repair support from ₹401 per month.

Rent water purifier in Hyderabad

Renting a water purifier in Hyderabad is an affordable and convenient option, with prices starting as low as ₹401 per month.

Bangalore, India, July 26, 2026 (GLOBE NEWSWIRE) — Rentomojo’s water purifier programme in Hyderabad is positioned as a specialist service rather than a catalogue listing, with plans from ₹401 a month that include free filter replacement every six months on the company’s in-house ranges, free lifetime repair and maintenance support for the length of the rental, and technician-led water-quality checks completed before and after installation. The company committed to this service structure for Hyderabad on June 19, 2026, per its GlobeNewswire release, and lists in-house purifier lines including DriftGo, DriftPro, DriftLux, NiraFlo and RM Premium alongside third-party brands on its Hyderabad product page. For more information visit https://www.rentomojo.com/hyderabad/appliances/water-purifiers-on-rent

Hyderabad’s drinking-water profile is not uniform, which is what makes purifier selection a diagnostic decision rather than a shelf choice. HMWSSB piped supply runs at 100 to 400 ppm total dissolved solids, while borewell water across the outer corridors ranges from 500 to over 1,500 ppm, per the technical guidance published on Rentomojo’s Hyderabad water purifier page. A household in Kondapur drawing tanker water can face a different specification requirement from one on HMWSSB pipes two kilometres away. The company’s Hyderabad catalogue is structured for that: RO plans matched to TDS above 500 ppm, UV plus UF for lower-TDS households, and mineral-enhancement variants for taste and hardness balancing, with a Rentomojo technician verifying the water source at delivery.

Ownership pricing is front-loaded and then quietly recurring. Buying an RO plus UV plus UF unit outright costs ₹12,000 to ₹21,000, and filter changes plus annual maintenance run ₹3,500 to ₹6,000 a year on an owned purifier, per the company’s Hyderabad site FAQ. The March 27, 2026 draft red herring prospectus places category-level annual maintenance and repair at roughly ₹3,000 to ₹3,500, close to 40% of product value recurring every year on an asset that is depreciating throughout. The prospectus also puts the two-year cost of owning a purifier outright at ₹12,544 against ₹9,384 on a rental plan, before the household absorbs any repair it did not budget for.

The specialist advantage on the rental side is service continuity. In-house purifier lines carry filter replacement every six months at no additional charge, and any repair required during the rental period is covered for the lifetime of the plan, per the June 19, 2026 GlobeNewswire release and the company’s Hyderabad site FAQ. Delivery with professional installation is completed in 48 to 72 hours across Hyderabad, per the Hyderabad product page. A 7-day return trial lets customers keep the unit for a week and return it if not satisfied, per the same FAQ. Servicing is delivered by an in-house team of 1,688 technicians, carpenters and painters rather than outsourced contractors, per the DRHP. That in-house field team is the operational reason the six-month filter change, the lifetime repair commitment and the pre-installation water-quality check can be treated as service standards rather than best-effort promises.

Configurations listed in Hyderabad span RO, RO+UV, RO+UV+UF, UF+UV, alkaline, copper and under-the-sink systems, with entry plans from ₹401 a month for the DriftGo 7-stage RO+UV+UF and ₹391 a month for the mineral-enhancer variant on a 36-month plan, per the Hyderabad catalogue. Third-party units from Livpure, DrinkPrime, Kent and Zunpure are available alongside the in-house lines, letting customers compare technology and pricing at booking. Booking is completed online against a refundable deposit and standard KYC, with postpaid billing by card, UPI or net banking and up to 15% off when a tenure is settled in advance.

For households whose stay at a given address is measured in project cycles rather than decades across HITEC City, Gachibowli, Madhapur, Kondapur, Kukatpally and Banjara Hills, a fully maintained purifier on a monthly plan has become the practical way to meet a genuine health requirement without converting it into a depreciating asset. Because annual servicing costs approach the annual cost of renting, water purification does not follow the break-even curve that governs most rented household goods. In that setting, Rentomojo is competing less as one of several rental platforms and more as a dedicated water purifier service: in-house units engineered against the city’s TDS profile, a six-month filter cycle carried by the provider, and lifetime repair support that removes the servicing burden entirely from the household. To learn more about renting furniture and appliances in Hyderabad, visit: https://www.rentomojo.com/hyderabad/appliances-on-rent

About Rentomojo — Rentomojo is an Indian furniture and appliance rental platform offering beds, sofas, wardrobes, dining tables, study desks, televisions and household appliances on subscription-based monthly plans, with maintenance, annual servicing and free relocation included. According to its draft red herring prospectus filed in March 2026, Rentomojo is the largest tech-driven full-stack direct-to-consumer rental platform in India by FY25 subscription revenue and live subscribers, operating across 22 cities with 227,511 live subscribers and an in-house team of 1,688 technicians, carpenters and painters. Rentomojo furniture rentals start at ₹79 per month on a minimum tenure of three months, extending to 36 months.

Disclaimer: This release draws on Rentomojo’s June 19, 2026 GlobeNewswire announcement, its Hyderabad water purifier product page at rentomojo.com and the company’s March 27, 2026 draft red herring prospectus. Prices are indicative, vary by city and product, and are subject to change.

Attachment

Rent water purifier in Hyderabad

CONTACT: +91 1800 102 6601 jo@rentomojo.com Rentomojo Private Limited B Wing- 4th Floor, BHIVE Workspace, WJ88+69V BMTC Complex, Old Madiwala, Kuvempu Nagar, Stage 2, BTM Layout, Bengaluru, Karnataka - 560068