Laboratoires Majorelle appoints Alexandre de Germay as Chief Executive Officer

PARIS, Oct. 22, 2021 (GLOBE NEWSWIRE) — Laboratoires Majorelle, a fast-growing French specialty pharma company focused on prescription and OTC products in women’s health and urology, today announces the appointment of Alexandre de Germay as Chief Executive Officer.

Alexandre de Germay has more than 25 years of experience in specialty pharma, achieving significant growth and scaling specialty pharma businesses. Alexandre joins from Sanofi where he spent five years leading global businesses with sales of ca. €9 billion across 300 assets and several therapeutic areas, including cardiology, transplant and established products.  During his tenure, Alexandre refocused the organization toward assets and disease areas that delivered significant growth. He drove digital transformation across all geographies to improve customer interaction, while significantly reducing operational expenses and improving margins.

Prior to Sanofi, Alexandre spent 20 years with Pfizer ultimately as Regional President of Japan-Asia-Pacific, with responsibilities to lead an organization of 5,000 employees and more than $5 billion in sales.

Mr. de Germay’s strong track record in growing and scaling up specialty pharma businesses will further support Majorelle’s accelerated growth trajectory as the Company extends its product portfolio and commercial infrastructure in France and grows into a pan-European specialty pharma company.

Alexandre de Germay said: “Since its creation, Majorelle has had a significant impact on the lives of patients it serves and especially in the field of women’s health and urology. I am honored to lead such a high-performing organization focused on this important area and excited by the opportunities ahead. The skill and commitment of the team behind these successes make me very confident that we can expand the growth journey and continue to address those unmet medical needs.”

Olivier Bohuon, Chairman of Majorelle and Senior Adviser to EW Healthcare Partners, added: “On behalf of the Board and EW Healthcare Partners, I would like to warmly welcome Alexandre to Majorelle. His experience and track record will be instrumental as we scale up the company, drive revenue growth and make add-on acquisitions.”

About Laboratoires Majorelle

Headquartered in Paris, Majorelle is a French specialty pharma company focused on prescription and OTC products in women’s health and urology that offer health solutions for men and women in France. The company’s portfolio of products commands a strong position in the French market with its highly respected brand image and affordable pricing.

Since its founding in 2012, Majorelle has developed the most relevant and dynamic women’s health product range in the French market, meeting unmet medical needs, making new treatments available to patients, and offering significant public health outcomes. The company has 70 employees and has experienced over 20% annual revenue and EBITDA growth in recent years.

EW Healthcare Partners acquired the majority stake in Majorelle in April 2021.

About EW Healthcare Partners

EW Healthcare Partners is one of the largest and oldest private healthcare investment firms and seeks to make growth equity investments in fast growing commercial-stage healthcare companies in the pharmaceutical, medtech, and technology-enable services sectors in the United States and in Europe. Since its founding in 1985, EW Healthcare Partners has maintained its singular commitment to the healthcare industry and has been a long-term investor in over 150 healthcare companies, ranging across sectors, stages and geographies. The team is comprised of over 20 investment professionals with offices in Houston, New York and London. For more information, see www.ewhealthcare.com.

For Press Inquiries, please contact:

Olivier Bohuon, Chairman of the Board, Laboratoires Majorelle

obohuon@ewhealthcare.com 

This content was issued through the press release distribution service at Newswire.com.

Webtel.mobi to Be Revalued to Include Global Value of Its TUV Digital Currency – Significant Value Appreciation Is Anticipated

Webtel.mobi’s previous valuation excluded the TUV Digital Currency in its reconfigured format – which gives First-Mover and potential Sector-Influencer advantages in the 10 largest volume markets worldwide. The Revaluation will include this significant increase in capacity and value

Webtel.mobi’s internal Share Swap Facility for WM share acquisition or sale is available to all its Members

Webtel.mobi’s internal Share Swap Facility for WM share acquisition or sale is available to all its Members

NEW YORK, Oct. 22, 2021 (GLOBE NEWSWIRE) — Global Telephony Provider Webtel.mobi (“WM”) is in the process of appointing an external consultancy to revalue the company.

This is the first of two revaluations of WM that will take place within the next six months, with this first revaluation to include WM’s reconfigured TUV Global Digital Currency. The second will revalue the Company once its Gold-Backed “Secured TUV” and programmable “Smart TUV” are released in Q1 2022.

The previous valuation of WM by the Global Consultancy Frost & Sullivan – completed in April/May 2021, after the conclusion of the research on the WM System by the Levy Economics Institute, and after the 30+ worldwide due diligences the Company had undergone – saw Frost & Sullivan value WM at just over USD 224 Billion, with its shares valued at just over USD 252.00 per share. However, the impending revaluations have the potential to increase this value substantially.

This is due to the increased breadth, scope, and volumes of markets the reconfigured TUV Digital Currency gives access to, in which it provides significant advantages over all other facilities in those markets. These include the ten largest markets in the world by transaction volumes – each of which has transactions in the USD Trillions per day.

This increase in access to the transaction volumes of the Global FX Market, Global Settlements Market, and multiple other markets – combined with WM’s low running costs and zero debt position – provide a solid platform from which WM will be able to increase its share of those very large markets.

Previously, when WM was operating worldwide with its Platform 1, its self-restricted operations did not provide access to the TUV to an unrestricted market. However, with its new Platform 2, its operations have now been recommended in an unrestricted manner worldwide, in conjunction with WM’s Global Clearing System.

The TUV Digital Currency – the first global, operational, multicurrency Digital Currency combining the safety and security of Digital Currency with the convenience and ubiquitous use as cash – provides significant advantages of low to zero cost and increased speed and security for virtually every transaction that exists. It also acts as a hedge against inflation or currency depreciation.

Although WM was previously granted eligibility to carry out a Main Board listing on one of the top 5 major Stock Exchanges worldwide, it does not plan to carry out a Stock Exchange listing. This is because Stock Exchanges – which are all private companies – are primarily owned by companies that WM’s TUV Digital Currency, Global Clearing System and other facilities will potentially have a significant effect on. As such, WM deems it a risk to list on Exchanges owned by them.

However, to compensate for this, WM created a “Share Swap” facility on its platform, where WM Shareholders and Members of WM can buy and sell shares between themselves.

Although this is neither a public market nor available to the public (it is a Closed-Loop Members-Only Market), it is free to join WM as a Member, and therefore any persons worldwide who join WM as a Member can acquire WM Shares from the Share Swap facility – creating an internal market within WM’s Members-Only Closed-Loop environment.

Moreover, the Share Swap facility provides a PP2P facility for Share sales and acquisitions – also at zero cost for the trade, and with complete security. The operation of the Share Swap Platform is furthermore supervised by WM’s Resident Agent and Registrar firm in Guernsey, to ensure third-party oversight of all Share Swap transactions.

The Share Swap facility is already fully-operational, and persons have already been signing up as WM Members to acquire WM Shares from it, so there is no need for WM to carry out a listing on any Stock Exchange to create a market for acquisition of its shares from existing Shareholders (if they wish to sell).

The appointment of the external firm to carry out the first revaluation is almost complete, and the first of the two revaluations is expected to be completed in late Q4 2021, with the second revaluation taking place in Q1 2022 after the worldwide release of the Gold-Backed “Secured TUV” and Programmable “Smart TUV”.

Other than the Secured TUV and Smart TUV, the other new facilities – already in various stages of completion – that WM will be releasing in 2022 comprise the following:

  • SCRM Machines
    A global centrally-controlled network of cash-kiosks – known as Stored Credit Refund Machines (“SCRMs”), that provide access to refunds of Stored Credit held in TUV Digital Currency by primarily Unbanked Persons worldwide.
  • Global Emergency Service
    A global centrally-controlled warning system by text message for impending natural disasters (Tsunamis, Hurricanes, Tornados, etc.). This is a Community-Support facility that will be free of charge to Members. It sends warning messages to persons in the area of an impending natural disaster anywhere in the world – whether they are resident there, or visitors on holiday or business. A facility such as this on a global basis that includes residents and visitors in an area does not yet exist, but as WM has the global capacity to implement this system, it will do so as a free service.
  • Personal Emergency Service
    A global centrally-controlled Request for Assistance service for when persons are in situations of personal danger and require immediate assistance. This system sends a text message to the mobile phones of all persons selected by the member from their address list – and to law enforcement and/or emergency services if selected – informing them the Member is in immediate danger and requires immediate assistance. A link from which to track the Member’s mobile phone online is included in the message. There are two methods of operation of this system. The first is for where the Member is in such immediate danger that there is no time to type a message. In this case, a single link is clicked on that sends out a pre-written message by the Member immediately – together with the link to track the phone. The second is if there is time to type the message before sending it to the selected contact list with the link to track the phone. A Facility such as this on a global basis does not yet exist, but as WM has the global capacity to implement this system, it will do so as a free service.

WM’s Artificial Intelligence Complex Adaptive System that powers the WM system was built in a modular format, enabling the rapid reconfiguration of existing parts of the system to replicate other services if required.

As such, there were – and are – many more service types that could have been – and could be – added to WM’s wide range of existing Facilities.

However, as the WM Global Clearing System and TUV Digital Currency combination already provide the Members of the Company – and the Company – lower cost, higher speed, and higher security access to the world’s ten largest markets by volume and value – as well as to the majority of transactions existing worldwide for FX Conversion, Payments, Transfer, Settlement, and other related activities – WM has no short-term plans to release any further facilities other than the ones already listed.

This is because the sizes of the markets that WM has first-mover and potentially sector-influencing capacities in by virtue of its existing facilities are so large, there is no need to add any further services or facilities to its existing suite.

Consequently, WM will rather be focusing on increasing its global VSMP and Member numbers from the current 228 Million to many times more that, as it continues to expand worldwide in 2022.

Resources:

Media Contact:
Nick Lambert: wm@thoburns.com

WM’S Previous Valuation:
https://webtel.mobi/media/info/webtelmobi-holdings-limited-valuation-april-15-2021-final.pdf

Frost & Sullivan:
https://www.frost.com/

WM’S Resident Agent and Share Registrar:
http://www.fides.gg/
https://www.gfsc.gg/commission/regulated-entities/2003943

The Levy Economics Institute:
https://www.levyinstitute.org/

Media Articles on WM:
https://webtel.mobi/info/current-media/

Video on the Capacities of the WM System:
https://youtu.be/XYBrCikUhn8

Characteristics of WM’s TUV Digital Currency:
https://webtel.mobi/info/tuv-characteristics

WM’s “Secured TUV” Digital Currency:
https://webtel.mobi/info/my-secured-tuvs

WM’s “Smart TUV” Digital Currency:
https://webtel.mobi/info/my-smart-tuvs

Research Papers on Webtel.mobi’s Global Clearing System and TUV:
https://webtel.mobi/pc/info/research/

WM’s urls:
https://webtel.mobi/pc (Tablets / Laptops / Desktops)
https://webtel.mobi (Smart Phones)
https://webtel.mobi/wap (Pre-Smart Mobile Phones)

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ef6ff2cf-4dbe-44a2-97b3-60164eaf4652

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Cambodia Celebrating Clean Energy Week

Clean Energy Week has been celebrating to showcase the opportunities clean energy can bring to Cambodia.
Held between Oct. 21-28 online, the virtual events share how clean energy can bring much needed green investment and jobs, while supporting energy security, improve energy independence and set Cambodia on a path to lower electricity costs.
The launch of Clean Energy Week took place at Cambodia’s largest solar farm near Oudong, north of Phnom Penh, and was attended by H.E. Australian Ambassador Pablo Kang, SchneiTec Group CEO Dr. Heng Socheat and EnergyLab Country Manager Ms. Melissa Liu.
While global economies are struggling to secure energy at expected prices as prices of gas and coal soar, China announced last month they will support more green energy and stop building new coal power in developing countries, said a press release.
“This comes at a time when the Cambodian Government is finalising their power plan out to 2040. Cambodia has an incredible opportunity to plan a future that produces its own clean electricity ensuring secure, reliable, affordability and sustainable electricity for all,” it stated.
During Clean Energy Week – there are over 15 online events organised by EnergyLab or partners, available for free for anyone to attend and learn about how clean energy can support Cambodia grow green out of the pandemic.
Clean Energy Week also shares education information about clean energy, available on their Facebook page.
The Founding Sponsors of Clean Energy Week since 2018 are the Australian Embassy and UNDP Cambodia.
It is also co-funded by European Union Funded Switch Asia programme SWITCH to Solar, Heinrich Böll Stiftung Cambodia, Oxfam in Cambodia and USAID.

Source: Agency Kampuchea Press

Mr. Komeil Ghasemi, the Head Coach of Cambodian National Wrestling Team

Mr. Komeil Ghasemi, an Olympic gold and silver medalist and one of the world’s wrestling geniuses, is currently the head coach of the Cambodian national wrestling team, Cambodian SEA Games Organising Committee (CAMSOC) said.
According to a long-term plan, CAMSOC continued, the Cambodian Wrestling Federation intends to use Mr. Kamil Ghasemi, who is currently one of the best coaches in the world, to introduce many champions to win medals in the sport in order to develop the sport of wrestling in this country.
In the last two years, Mr. Kamil Ghasemi has used modern training methods to bring many Iranian wrestling champions to the highest level of wrestling in the world, and a number of them have won gold medals at the 2021 Tokyo Olympics and the 2021 World Championships in Norway, it added.

“Cambodian wrestling coaches are trained under Mr. Kamil Ghasemi, and Cambodian sports officials are very hopeful that with careful planning and support as head coach of the national wrestling team in the coming years, Cambodian wrestling will reach the highest level in East Asia,” underlined CAMSOC.
Born in 1988 in Juybar of Iran’s Mazandaran province, Mr. Kamil Ghasemi is a retired Iranian wrestler who is the most successful Iranian heavyweight wrester at the Olympic Games.

Source: Agency Kampuchea Press

Draft Budget Law for 2022 Endorsed by Cabinet Ministers

The draft National Budget Law for 2022 was approved in the plenary weekly cabinet meeting held here at the Peace Palace this morning under the chairmanship of Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen.
According to H.E. Phay Siphan, Minister Attached to the Prime Minister and Chairman of the Royal Government Spokesperson Unit, the draft National Budget for 2022 is elaborated at a time when the world, as well as Cambodia, is standing at the centre of the COVID-19 crisis.
The 2022 budget has been designed to direct resources to continue the fight against the pandemic, protect the citizens’ lives, maintain socio-economic balance and people’s livelihoods as well as to restore and promote the economic growth, and at the same time continue the sustainability of the State’s operations and boost key reform programmes of the Royal Government.
According to the draft National Budget Law 2022, the Royal Government plans to generate some 23,462 billion Riel (approximately US$5,771 million) as national income, up 17.7 percent compared to the National Budget Law for 2021, while the expenditure will increase by 6.8 percent to some 32,576 billion Riel (about US$8,013 million).
For general administration, the planned expenditure will be around 1,916,131 million Riel, up 5.5 percent as Cambodia is going to hold the Commune/Sangkat Council Election in mid-2022.
The military sector, public security and social order will require a budget of 4,675,287 million Riel, down 0.9 percent; social welfare 7,332,061 million Riel, up 6.7 percent; economy 1,457,206 million Riel, down 0.2 percent; and other expenditures 3,731,019 million Riel.

Source: Agency Kampuchea Press