Author: Lillian Jones

–News Direct– Atrato Capital chief investment officer Steven Noble joins Proactive's Stephen Gunnion with news that Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) has acquired a portfolio of 17 omnichannel supermarkets in France from Carrefour through a sale and leaseback transaction valued at 75 million. The deal ensures a leaseback to Carrefour for 12 years, yielding an initial return of 6.3% with the advantage of annual uncapped inflation-linked rent reviews. Noble emphasized that this move aligns with Atrato Capital's ongoing strategy to focus on omnichannel stores, crucial for both online and in-store grocery sales. The acquisition not only fits its existing investment strategy but also expands its addressable market to the French grocery sector, valued at 284 bi...

–News Direct– Ondo InsurTech PLC (LSE:ONDO) chief executive Craig Foster joins Proactive's Stephen Gunnion with an update on the deployment of its LeakBot devices to Nationwide clients in the United States. Foster said since partnering with Nationwide, one of the US's largest home insurance companies, in November, the first deployment in the state of Ohio had exceeded expectations, with an installation rate of over 70%, significantly higher than usual rates. He said the unsolicited shipment approach used, led to this high uptake. Further deployments are anticipated following this initial success, with discussions ongoing about expansion into additional states. Additionally, Foster touched on Ondo InsurTech's broader US operations, noting launches in Washington, ...

–News Direct– One Media iP Group PLC CEO Michael Infante takes Proactive's Stephen Gunnion through the company's 2023 financial performance, describing it as robust and in line with expectations despite a challenging global context. Infante highlighted the resilience and profitability of the business, which has maintained a focus on recurring income from music rights. The company continues to pay dividends and has successfully navigated challenges that have impacted larger firms. Infante also detailed advancements in its technical copyright analysis tool (TCAT) subsidiary, developed to detect music piracy across major platforms like Spotify and Apple Music. The software, leveraging AI, aids in combating the increasingly complex issue of music piracy. Further, Infante int...

–News Direct– Poolbeg Pharma PLC CEO Jeremy Skillington and Tim Cot CEO of Silk Road Therapeutics join Proactive's Stephen Gunnion with details of an exclusive 12-month option agreement with Silk Road Therapeutics for Poolbeg to acquire a novel topical drug aimed at treating oral ulcers in patients with Behet's disease, a rare and debilitating condition. Skillington said the move is aligned with Poolbeg's strategic focus on rare and orphan diseases. Cot, with an extensive background in orphan drug approvals from his time at the FDA, highlighted the potential of the drug given its unique formulation and unmet need in the market. He explained the severe impact of Behet's disease, underscoring the innovative potential of their topical treatment in improving...

–News Direct– Bandcamp, the worlds largest super fan platform supporting artists, is celebrating its 40th Bandcamp Friday On May 3rd 2024, an industry unique initiative where the platform doesn't take any revenue share at all, passing all funds along to artists. Since the inception of Bandcamp Fridays in 2020, the platform has contributed $123 million to artists through this initiative alone, complementing the $1.3 billion generated for artists across all Bandcamp transactions to date. This growth is fueled by a highly dedicated fanbase, growing at a rate of approximately 100,000 per month, whose engagement is not just supporting artists financially but also driving a significant shift in how music ecosystems can operate. Bandcamps strategy of fostering deep connections within its...

–News Direct– FTN Network, a company built for delivering affordable, customizable, and highly detailed NFL advanced charted data for betting, season-long fantasy, and daily fantasy, ushered the 2024 football season today with the release of its 2024 NFL Draft Team Grades and 2024 Rookie Fantasy Scouting Guide 2.0. The guide, which is authored by FTN President and Sirius XM Radio Host Jeff Ratcliffe, features rookie rankings, projections, veteran comps, dynasty value, trade value charts, draft boards, and more. FTNs 2024 football season started on a high note with a successful weekend of NFL Draft coverage after providing NFL fans with some the most accurate set of mock drafts in the industry. In a field of 137 contestants, three FTN analysts finished in the top 15 of the FantasyPros moc...

–News Direct– The second annual and first standalone Air|Water Porsche enthusiast show, produced by the Luftgekhlt events team, celebrated a tremendous success this weekend, with artistically curated cars attracting more than 11000 enthusiasts, who immersed themselves in the celebration of 75 years of everything Porsche. Footwork Arrows F1 car formed part of the 33-car white Porsche display at Air|Water 2024 The team welcomed more than 1000 registered display cars spread throughout the 130 acre site at the Orange County Fair & Event Center. There was no shortage of discoverable experiences and aching feet. From the galleries created in the six main exhibition halls, to the off-road and rallye machines in the Action Sports Arena, the Broad Arrow Live Auction in The Hangar, and a ...

–News Direct– By Jeremy Golden, Benzinga Artificial intelligence (AI) is on the cusp of transforming nearly every single industry. When it comes to healthcare, several trends have emerged. As doctors and scientists continue to innovate, the market for AI in healthcare is expanding. The AI healthcare market appears poised for growth, with a market size of $22 billion in 2023 a number thats expected to accelerate at a CAGR of 36.4% from 2024-2030. The market for AI in healthcare is expected to reach $187.95 billion by 2030, demonstrating the transformative shift its brought to the healthcare industry. AI-focused healthcare companies are driving this progress. Here is how three healthcare companies are harnessing AIs capabilities, using technology to drive innovation, target treatments a...

–News Direct– Consensus Health, a leading New Jersey-based healthcare organization with a physician-led medical group and an Independent Physician Alliance (IPA), announced today it was named winner of two Stevie Awards in The 22nd Annual American Business Awards. Consensus Health earned both a silver Stevie Award in the Company of the Year – Health Products & Services Large category as well as a bronze for Achievement in Growth. Consensus Health was recognized for its growth, distinctive model and commitment to the delivery of quality healthcare across New Jersey. The care it brings to the New Jersey community, based on the clinical autonomy afforded its physicians, has elevated the Companys presence throughout New Jersey, as evidenced by its network of 166 physicians across 56 ...

–News Direct– The Middle East, a region long known for its oil and gas riches, is transitioning to a new, more sustainable future, potentially dominated by electric vehicles. The UAE, for instance, has launched several initiatives over the past years to encourage the adoption of EVs among its residents. Strategies like the Dubai Green Mobility Strategy 2030 aim to have around 42,000 electric cars on Dubais streets by the end of this decade. Currently, the UAE is ranked 7th globally and is the top country in the MENA region on the Global Electric Mobility Readiness Index (Gemrix), demonstrating the nations dedication to sustainable transportation and its goal of achieving carbon neutrality by 2050. Like the UAE, the Saudi government has also taken significant steps to drive EV adoption, i...