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Language Translation Services Provider Sustains Relationships That Outlast Average Executive Tenure

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Language Translation Services Provider Sustains Relationships That Outlast Average Executive Tenure
According to research conducted by M&A Executive Search of Minneapolis, Minnesota, the average tenure of a C-Suite executive in America is a mere 4.9 years. While this figure has rapidly decreased from six years over the past decade, ASTA-USA has prioritized both customer and employee retention rates, resulting in relationships that withstand the test of time.

DALLAS - October 25, 2022 - (Newswire.com)

ASTA-USA Translation Services, Inc., one of America's top language translation service providers for high-impact organizations, knows first-hand about C-suite executive tenure and retention. According to Mr. Alain J. Roy, President and Founder of ASTA-USA, "While corporate clients will maintain a working relationship for decades on end, the executive contact for each client tends to turn over quite frequently."

One of the most notable instances of this phenomenon involves a global technology organization that ASTA-USA has proudly served for more than 10 years. Throughout the course of a decade-long partnership, ASTA-USA has fulfilled upwards of 450 translation assignments in 22 languages for this client. Although an impressive feat, ASTA-USA's mission goes beyond sheer volume to focus on the intricate details that leave an impression. Amid consulting with 17 domestic and international departments, each one of these translation services was provided without delay, error, or complication. 

During this timeframe, one client account manager at ASTA-USA was responsible for the coordination of all 450 assignments. Meanwhile, on the client-facing end, ASTA-USA collaborated with 44 different C-suite executives. Of these 44 executives, 17 have since left the organization while their relationship with the language translation services provider has remained intact and continues to thrive. 

"Aside from the fact that we always deliver error-free services on time, or ahead of schedule, we strongly believe that the central reason our clients stay with us centers on the fact that most of our account managers, professional linguists, and administrators have been with us for 10, 15, 20 years or more. We pride ourselves on superior quality, not only in terms of how we serve our clients but also in the way we treat our associates," said Mr. Roy.

Since its foundation in 1987, translation services provider ASTA-USA has provided best-in-class translation and interpretation services to corporations, organizations, government departments, and individuals across the United States and beyond.

For more information, visit www.asta-usa.com.


About ASTA-USA Translation Services, Inc.
ASTA-USA is a highly specialized language services provider.

Every day, corporations and governments of all sizes rely on the expertise of ASTA-USA to translate their important written materials, and to provide real-time, live, human interpreting services. Headquartered in Cheyenne, Wyoming, ASTA-USA's Translation Directors, and Professional Translation Teams are based all over the USA, Canada, the United Kingdom, the Middle East, Asia, South America, Latin America, and Africa.


Contact Information:
Madeleine Moench
[email protected]


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Original Source: Language Translation Services Provider Sustains Relationships That Outlast Average Executive Tenure

Sunshine Care to Open Newest Clinic Nov. 1, 2022, Using Mostly ReStore Store/Habitat for Humanity Materials

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Sunshine Care to Open Newest Clinic Nov. 1, 2022, Using Mostly ReStore Store/Habitat for Humanity Materials
Sunshine plans an aggressive clinic opening schedule in rural and suburban areas along with franchising. Sunshine Care Virtual Clinics and SunshineCare.Online are companies created from the result of prior ObamaCare Innovation Grant Programs designed to help create and improve patient outcomes and lower healthcare expenses.


Sunshine Care

SunshineCare.Online

TULSA, Okla. - October 24, 2022 - (Newswire.com)

Sunshine Care Virtual Clinics will open its first location using mainly ReStore Store/Habitat for Humanity materials, and plans on continuing the protocol. "We plan an aggressive clinic opening schedule, in rural and suburban areas along with franchising. Our plan is to always recommend utilizing ReStore Stores/Habitat for Humanity locations in remodeling and construction," says company CEO Rusty McMurray.

"Using local ReStore Stores/Habitat for Humanity serves as a give back to the local community we serve, cuts the lag time in ordering and delivering needed materials, plus lowers the construction budget," continues McMurray. 

Sunshine Care Virtual Clinics and SunshineCare.Online are companies created from the result of prior ObamaCare Innovation grant programs designed to help create an improved quality of life and lower the cost of care for patients. These ObamaCare innovation grants helped provide important foundational knowledge to create new billing codes to allow practices like Sunshine Care to grow and improve outcomes for patients. 

These payment sources for medical providers exist today, but for whatever reason, providers have been slow to adopt them. Sunshine Care over the last five years has served and improved the quality of life using these ObamaCare reimbursements to serve almost 20,000 Oklahomans, and reduced patient rehospitalizations by thousands, thus lowering the cost of care and improving outcomes.

"Currently, we are licensed in about a dozen states and adding more each week. We are planning our expansion model around ReStore Store/Habitat for Humanity locations across the country. Our only hope is to become a living part of every community we serve," says Rusty McMurray Sunshine Care CEO.


Contact Information:
Rusty McMurray
CEO
[email protected]
(918) 734-0908


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Original Source: Sunshine Care to Open Newest Clinic Nov. 1, 2022, Using Mostly ReStore Store/Habitat for Humanity Materials

With $2M in Pre-Seed Funding, HeyRitual Launches to Take Couples Therapy Into the Digital Age

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With M in Pre-Seed Funding, HeyRitual Launches to Take Couples Therapy Into the Digital Age
Ritual combines 1:1 guidance from experienced relationship experts with scientifically validated tools in a user-friendly platform


Logo

HeyRitual wants to make couples guidance available for the masses

NEW YORK - October 24, 2022 - (Newswire.com)

HeyRitual, a company driven to make couples support more accessible to the masses, announced a $2 million pre-seed financing round led by GroundUp Ventures, with participation from SamsungNext, Verissimo Ventures, 97212 Ventures, Fresh Fund, Homeward Ventures, strategic angel Jonathan Weiner, the Founder of HLTH, and super angel Errol Damelin. Ritual has emerged from its beta phase and is now available to the general public.

Founded by David Pruwer (CEO), Nir Shtern (CPO) and Gilad Meir (CTO) as a modern alternative to traditional couples therapy, HeyRitual tackles one of the most underserved areas of the growing mental health space: relationships. Around 75% of couples experience real relationship struggles and yet only a fraction, 8%, reach clinically proven support in couples therapy, often when it's too late for effective change. The high cost of couples therapy, combined with the friction of coordinating schedules and battling societal stigma, present high barriers to wider adoption. HeyRitual is opening support to groups that would never otherwise reach couples therapy. 

Combining live 1:1 guidance from relationship experts with a host of in-app tools, HeyRitual helps users understand, develop and build relationship skills in their own time. The app is now available with the following features:

  • Customized digital skill building journey of bite-sized video & audio clips
  • Guided self-reflection to foster healthier communication and deeper self-understanding
  • Digital skill toolkit to help strengthen relationship muscles 
  • Weekly 1:1 sessions with a personal relationship expert 

"We created HeyRitual to deliver an experience that merges the magic of therapy with a scalable tech platform that empowers our users to grow on their own terms," said David Pruwer, HeyRitual's CEO and Co-founder. "We're taking the tried and tested components of couples therapy and redesigning the experience for the modern digital era, providing our therapists with a host of tech tools to reach wider audiences in new ways". 

Utilizing clinically backed approaches that have worked for thousands of couples, HeyRitual's diverse team of leading therapists and relationship researchers has been testing its product with users across the U.S. over the past six months. Members who used HeyRitual for just four weeks reported significantly higher levels of relationship satisfaction. 

"We're proud to be partnering with HeyRitual," said Jonathan Machado, Managing Director at Samsung Next and Head of Digital Health. "The relationship health space has been looking for a solution to extend couples therapy to the masses in a scalable way. Using its data-driven technology and its clinical content engine, HeyRitual has found a way to deliver effective relationship support at scale and at a far lower cost than traditional therapy. Therapists love HeyRitual's model due to its sustainable framework. HeyRitual's on an exciting journey, they're just getting started."

To learn more, visit: www.heyritual.com or contact us. 


Contact Information:
Reut Inbar
Head of Content and Communication
[email protected]
+9720526295245


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Original Source: With $2M in Pre-Seed Funding, HeyRitual Launches to Take Couples Therapy Into the Digital Age

WHILL Power Chairs Announces Partnership With Stealth Products

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WHILL Power Chairs Announces Partnership With Stealth Products
Power chair experts team up to assist mobility-impaired consumers with a broader range of medical conditions


WHILL model F and C2 with Stealth Accessories

WHILL model F and C2 with Stealth Accessories

SAN FRANCISCO - October 24, 2022 - (Newswire.com)

WHILL, Inc., award-winning provider of electric mobility chairs, and Stealth Products LLC, announced a new partnership whereby seating and positioning options have been curated specifically for the WHILL model C2 power chair to address a wider range of mobility issues for consumers.

After testing dozens of customization options, WHILL and Stealth have revealed a product mix of over 50 SKUs from headrests to lap belts, all specifically compatible with the WHILL model C2.  WHILL and Stealth will continue to expand product offerings as more customer needs are identified. 

"With its compact size, patented omni-wheels, remote app control, and advanced battery technology, the award-winning WHILL model C2 allows users to explore the world effortlessly," said Satoshi Sugie, CEO of WHILL. "The new partnership with Stealth Products allows us to customize that experience even more to address specialized mobility issues and continue to reduce barriers for our customers."

"Stealth is excited to enter into this partnership with WHILL," said Scott Brown, National Sales Manager for Stealth Products. "Our mutual commitment to providing high-quality solutions for individuals with specialized needs is the primary motivator to create a more comprehensive seating and mobility outcome for all customers."  

The WHILL model C2  received full FDA approval earlier this year acknowledging its ability to be adaptive and fitted to a variety of needs. Sylvia Longmire, brand ambassador and long-time user of the product explains: "As a disabled veteran with an active lifestyle, I know FDA approval of the WHILL model C2 will make a hugely positive difference in the lives of fellow veterans receiving care through the Veterans Administration."

WHILL power chairs outfitted with Stealth seating and positioning options will be featured at MedTrade East in Atlanta Oct. 24-26, 2022. A full range of Stealth products specially curated for WHILL power chairs can be found at WHILL dealers nationwide and a virtual catalog can be found online at https://whill.inc/us/more-possibilities-more-comfort/.

About WHILL, Inc.  WHILL connects the world with short-distance mobility products and services and provides Mobility-as-a-Service solutions, offering autonomous and manual transportation services that make public spaces like airports, vacation destinations, and convention centers more accessible. WHILL now offers products and services in over 20 countries and regions globally. https://whill.inc

About Stealth Products  Launched in 1999, Stealth Products is a U.S. manufacturer of versatile, high-quality head and neck positioning systems, as well as switch site location hardware. With consistent growth for 23 years and distributors in 22 countries, Stealth designers and engineers have been able to produce nearly any unique product requested, resulting in a culture of continuous innovation to improve the lives of their customers.  


Contact Information:
Christina Gorini
Percepture for WHILL, Inc.
[email protected]


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Original Source: WHILL Power Chairs Announces Partnership With Stealth Products

The AcCELLerate Forum to Focus on Creating a Sustainable Ecosystem of Cell and Gene Therapy

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The AcCELLerate Forum to Focus on Creating a Sustainable Ecosystem of Cell and Gene Therapy
Virtual workshop on Nov. 17-18 bridges the gap between critical stakeholders to pinpoint today's challenges and create forward-thinking solutions that enable the cell and gene therapy industry to create and deliver life-saving treatments equitably.


Be the Match

Be the Match

MINNEAPOLIS - October 24, 2022 - (Newswire.com)

The AcCELLerate Forum, a joint partnership between the American Society for Transplantation and Cellular Therapy (ASTCT™), the Center for International Blood and Marrow Transplant Research® (CIBMTR®), and the National Marrow Donor Program® (NMDP)/Be The Match®, brings key stakeholders together to identify ongoing needs and opportunities in cell and gene therapy for advocacy, measurement of value and impact and sustainability. The virtual workshop on Nov. 17-18, 2022, joins providers, payers, government agencies and industry members who will work together to define essential factors needed to create a sustainable cell and gene therapy ecosystem. 

"NMDP/Be The Match is proud to be one of the sponsors of this important forum that has interests for all key stakeholders across the ecosystem," said Jeffery Auletta, M.D., Senior Vice President, Patient Outcomes and Experience, of NMDP/Be The Match, Chief Scientific Director, CIBMTR. "Our established relationships with a global network of transplant centers and cell and gene therapy developers uniquely position NMDP/Be The Match to bring these experts together to identify the needs and opportunities in this field for advocacy, measurement, and sustainability."

Dr. Auletta will join industry and transplant center partners and other professionals to address the question, "Are Center-Specific Outcomes Possible for CAR T-cell Immunotherapy?" The participants will focus on the perspectives of the payer, data acquisition and analysis, and center perspectives in defining outcomes for CAR T cells. They will also discuss healthcare inequity, specifically barriers to access and their impact on cell therapy outcomes. The speakers will incorporate the evolving cell therapy landscape from industry collaboration to clinical trials and real-world treatment in their presentations and in a moderator-led roundtable with attendee participation. Visit the event website to register and see the complete schedule and list of presenters.

In addition to NMDP/Be The Match, the event co-hosts include:

The American Society for Transplantation and Cellular Therapy (ASTCT) is an international professional membership association of more than 3,000 physicians, investigators, and other health care professionals from more than 45 countries. Our mission is dedicated to improving the application and success of blood and marrow transplantation and related cellular therapies. For more information about ASTCT, visit www.astct.org and follow us on Twitter, @ASTCT.

The CIBMTR, a research collaboration between the NMDP/Be The Match and the Medical College of Wisconsin, facilitates critical cellular therapy research through a clinical database of more than 600,000 patients from more than 350 centers worldwide, with a biospecimen repository of more than 195,000 samples. 

Background:

The National Marrow Donor Program® (NMDP)/Be The Match® is the leading global partner working to save lives through cellular therapy. With 35 years of experience managing the most diverse registry of potential unrelated blood stem cell donors and cord blood units in the world, NMDP/Be The Match is a proven partner in providing cures to patients with life-threatening blood and marrow cancers and diseases. Through their global network, they connect centers and patients to their best cell therapy option—from blood stem cell transplant to a next-generation therapy—and collaborate with cell and gene therapy companies to support therapy development and delivery through Be The Match BioTherapies®. NMDP/Be The Match is a tireless advocate for the cell therapy community, working with hematologists/oncologists to remove barriers to consultation and treatment, and supporting patients through no-cost programs to eliminate non-medical obstacles to cell therapy. In addition, they are a global leader in research through the CIBMTR®—a collaboration with the Medical College of Wisconsin, investing in and managing research studies that improve patient outcomes and advance the future of care.


Contact Information:
Phyllis Grabot
[email protected]

Bonnie Quintanilla
[email protected]


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Original Source: The AcCELLerate Forum to Focus on Creating a Sustainable Ecosystem of Cell and Gene Therapy

Memoir Marks the 25th Anniversary of First Transgender Employment Policy

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Memoir Marks the 25th Anniversary of First Transgender Employment Policy

Dr. Mary Ann Horton

Photo of Dr. Mary Ann Horton

POWAY, Calif. - October 24, 2022 - (Newswire.com)

Before 1997, transgender workers were routinely fired when their employers found out they were changing their sex. That changed on Oct. 28, 1997, when Lucent Technologies became the first Fortune 500 company to formally commit that it would not discriminate based on "gender identity, characteristics, or expression". Dr. Mary Ann Horton, who instigated the change, has written a memoir, Trailblazer: Lighting the Path for Transgender Inclusion in Corporate America. "When I led transgender-101 workshops, my personal story was people's favorite part. They wanted more, and Trailblazer is the result," said Horton. "It will be released on the 25th anniversary, Oct. 28."

Horton was a software technology worker at Lucent in Columbus, Ohio, when Lucent added the language. It allowed Mary Ann, then known as Mark, to come out in the workplace without fear of reprisal. When she didn't need to spend energy hiding part of herself, her productivity soared, and she was promoted. Three years later, she persuaded Lucent to cover gender-confirming medical care in their health insurance. She blazed the trail for Apple, Avaya, Xerox, IBM, Chase, and other companies to follow.

Nokia, who acquired Alcatel-Lucent in 2015, will celebrate the 25th anniversary of their groundbreaking policy this Oct. 28, with a flurry of social media announcements.

Dr. Mary Ann Horton is a transgender activist, author, internet pioneer and computer architect. She earned her PhD in Computer Science from UC Berkeley, where she invented the email attachment for binary files. She spent 20 years with Bell Labs/Lucent and retired from San Diego Gas & Electric, where she helped protect the power grid from hackers. Her 1997 work with Lucent Technologies adding trans-inclusive language and health benefits earned her the Trailblazer Outie Award from Out & Equal. Visit her website at maryannhorton.com.

Press Kit: https://maryannhorton.com/presskit/

end


Contact Information:
Mary Ann Horton
Owner
[email protected]
858-746-4741
Related Files
Press Release - Anniversary.pdf



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Original Source: Memoir Marks the 25th Anniversary of First Transgender Employment Policy

Esophageal String Test®, a Less Invasive Way to Monitor Adults and Children With Eosinophilic Esophagitis (EoE), Launches in the US

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Esophageal String Test®, a Less Invasive Way to Monitor Adults and Children With Eosinophilic Esophagitis (EoE), Launches in the US
Test offers EoE patients a simple, clinically proven method to control their disease. "…Beyond thrilled to use this at Phoenix Children's Hospital…" - Dr. Schroeder, Medical Director, Eosinophilic Disease Clinic, Phoenix Children's Hospital

AURORA, Colo. - October 24, 2022 - (Newswire.com)

Clinicians with the Gastrointestinal Eosinophilic Disease Program at the Digestive Health Institute, Children's Hospital of Colorado, performed the Esophageal String Test® (EST) on a patient in early September. The test will be offered regularly at the hospital.

The EST was also performed on patients in the Eosinophilic Gastrointestinal Disease Clinic at Phoenix Children's Hospital. 

"I am now beyond thrilled to use this new esophageal surveillance technique at Phoenix Children's and for my patients with eosinophilic gastrointestinal disorders. The EST is a game-changer for my patients who are looking for a less invasive and less expensive way to screen their disease activity," said Dr. Shauna Schroeder, Medical Director for the Eosinophilic Gastrointestinal Disease Clinic at Phoenix Children's Hospital. She further stated "Having trained in Denver, I had experience using the EST as a research tool in patients with eosinophilic esophagitis. I am now able to more granularly adjust medications and diets improving the care of my patients with eosinophilic esophagitis."

The Esophageal String Test® utilizes a simple collection device, the EnteroTracker®, to collect upper gastrointestinal samples from adults and children.  The samples are sent to an independent reference lab for analysis of disease activity. Several other clinics around the country are planning to offer the test soon.

About EnteroTrack 

EnteroTrack, an early-stage company, develops simple-to-use, minimally invasive technologies to sample gastrointestinal (GI) mucosal content that can be assayed for various biomarkers of disease. The company's platform technology, the EnteroTracker® is initially being used to support clinical monitoring of Eosinophilic Esophagitis in adults and children without need for sedation, advanced training, or complex procedures. Clinical studies evaluating the utility of the EnteroTracker® for additional applications including Esophageal Adenocarcinoma, Barrett's Esophagus, GERD, GI microbiome, food allergy testing, and others are currently underway.


Contact Information:
Robin Shandas
CEO, Media and Investor Inquiries
[email protected]

Brookelynn Stillwell
General Inquiries
[email protected]


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Original Source: Esophageal String Test®, a Less Invasive Way to Monitor Adults and Children With Eosinophilic Esophagitis (EoE), Launches in the US

Jifiti Launches B2B BNPL Functionality, Augmenting Its Robust White-Labeled BNPL Platform

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Jifiti Launches B2B BNPL Functionality, Augmenting Its Robust White-Labeled BNPL Platform
Banks, lenders and merchants can now provide BNPL financing to business customers, in addition to consumers, through one platform.

COLUMBUS, Ohio - October 24, 2022 - (Newswire.com)

Jifiti, a leading fintech company, announced today the launch of its business-to-business (B2B) BNPL solution. Any bank, lender and merchant that caters to business customers can now offer BNPL in their own brand, embedded directly into the user journey, without a middleman. 

With the addition of B2B financing, Jifiti now facilitates every Buy Now Pay Later option for leading banks, lenders and merchants globally, online and in-store, through a single platform. Merchants that would like to offer B2B-embedded financing can connect to Jifiti's platform via e-commerce plugins, a simple API integration or use Jifiti's zero-integration virtual card technology. 

Jifiti is rolling out its B2B solution to multiple partners across international markets, including top retail brands and financial institutions. Merchants can now support their business customers easily and seamlessly, offering them more payment options that were not previously available to them. Business buyers require specialized BNPL solutions as the purchasing amounts are higher, approvals are more complex and they require different loan terms than consumers. 

Jifiti's modular platform supports every BNPL option, including split payments, installment loans, lines of credit and now B2B loans. As the platform is white-labeled, the financial institution and merchant retain full customer and data ownership and are able to build brand loyalty. 

"The B2B market was the next logical step in our journey at Jifiti. We aim to give every customer the financing that best suits their needs. Now, we can help our bank and merchant partners extend that same level of customization to their business customers through specialized B2B-embedded finance," stated Yaacov Martin, CEO and Co-Founder of Jifiti.

About Jifiti

Jifiti is a leading fintech company that powers point-of-sale financing for banks, lenders and merchants. The company's white-labeled Buy Now Pay Later (BNPL) platform provides banks and lenders with state-of-the-art technology to easily deploy and scale their competitive consumer loan programs at any merchant's point of sale - online, in-store and via call center. 

With its multinational presence, Jifiti provides end-to-end point-of-sale financing solutions to global brands in any international market. Jifiti works with leading financial institutions including Mastercard, Citizens Bank, CaixaBank, Credit Agricole, and retailers such as IKEA, Walmart and others worldwide. 


Contact Information:
Maya Mason
VP Marketing
[email protected]


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Original Source: Jifiti Launches B2B BNPL Functionality, Augmenting Its Robust White-Labeled BNPL Platform

Can I Qualify for a Gas Stimulus Check if the Gas Rebate Act Passes?

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Can I Qualify for a Gas Stimulus Check if the Gas Rebate Act Passes?
NEW YORK - October 24, 2022 - (Newswire.com)

iQuanti: With inflation at record highs, many Americans are feeling the pain of higher prices. This is especially true when it comes to filling their gas tanks. As of June 2022, the average price of a gallon of gas was more than $5.

In an effort to provide some sort of financial relief, the federal government has come up with several short-term options for assisting the public while also addressing the larger issue of inflation at hand. Some of these ideas include tapping into emergency oil reserves as well as a federal gas tax holiday to encourage more production out of the oil companies. One of the leading proposals at the moment is the Gas Rebate Act of 2022, which has been dubbed the "gas stimulus". Let's dive deeper into what the gas stimulus check is and whether you would qualify for it.

What is the gas stimulus?

Similar to the stimulus checks that were sent out during the COVID pandemic, the gas stimulus would be a series of checks sent out to qualifying Americans. Each payment would be for $100 with an additional $100 for households with dependents. Payments would be made until the end of the year and for each month where the price of gas was higher than $4 per gallon.

How do I qualify for a gas stimulus check?

The Gas Rebate Act of 2022 proposes that eligibility would be tied to a sliding scale based on your household income. To qualify for the proposed stimulus check, your earnings would need to be as follows:

  • Less than $75,000 for single filers. Those earning between $75,000 and $80,000 would receive a reduced amount with payments being completely phased out for households making more than $80,000.
  • Less than $150,000 for joint filers. Those earning between $150,000 and $160,000 would receive a reduced amount with payments being completely phased out for households making more than 160,000.

Note that these income requirements are similar to the ones that were used for determining eligibility for the three COVID stimulus payments millions of Americans received between 2020 and 2021.

When will I receive my gas stimulus check?

Unfortunately, the Gas Rebate Act of 2022 is still only just a proposal. It's currently stalled in the U.S. House, and given the amount of money that has just been issued over the last two years in COVID relief, it seems that lawmakers may be reluctant to ever approve it. 

However, some individual states have taken matters into their own hands and approved similar relief measures for their citizens. For instance, in California where gas costs considerably more than in most states, there are plans to give "inflation relief" checks for up to $1,050 for each qualifying family. In another example, a group of North Carolina state senators is proposing giving every locally licensed adult driver a one-time payment of $200.

The bottom line

While the government recognizes the strain of high gas prices, its efforts to provide uniform relief to all Americans seem to be stalled. Depending on where you live, your state may come up with some alternative means of relief.

However, for the time being, Americans should take matters into their hands. Exercising good financial habits like maintaining a budget and scaling back on driving when possible will help ease the strain until gas prices can return to normal.


Contact Information:
Keyonda Goosby
Public Relations Specialist
[email protected]
(201) 633-2125

Carolina Darbelles
Senior Public Relations Specialist
[email protected]
(201) 633-2125


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Original Source: Can I Qualify for a Gas Stimulus Check if the Gas Rebate Act Passes?

Gb Sciences’ Plant-based Formulations Designed to Treat Anxiety Achieve Statistical Significance in Animal Study

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Gb Sciences’ Plant-based Formulations Designed to Treat Anxiety Achieve Statistical Significance in Animal Study
Gb Sciences' anxiety formulations were previously identified using the company's AI-driven PhAROS™ platform, and they have now been evaluated using preclinical zebrafish models of stress at the National Research Council of Canada.

LAS VEGAS - October 24, 2022 - (Newswire.com)

Gb Sciences, Inc. ("GbS"; OTCQB:GBLX), a leading plant-inspired research and biopharmaceutical drug development company, has received positive preclinical results in an interim report from its study using preclinical zebrafish models of stress at the National Research Council of Canada (NRC). GbS' proprietary anxiety formulations have achieved a statistically significant reduction of stress in this preclinical study. The NRC is testing GbS' proprietary, psychotropic plant-based formulas for the treatment of depression and anxiety. GbS has leveraged its patent-pending PhAROS™ (Phytomedical Analytics for Research Optimization at Scale) platform to identify these combinations of plant compounds for novel drug candidates. These are the company's first non-cannabis formulations to advance in preclinical studies.

"We have achieved an important milestone in the development of our novel, kava-inspired anxiety formulations. Not only did some of our formulations achieve statistical significance in the animal model, but these minimum essential mixtures also demonstrated synergy by significantly outperforming the individual active ingredients within our minimum essential mixture formulations," said Dr. Andrea Small-Howard, Gb Sciences' President and Chief Science Officer. "This preclinical data also confirms that our PhAROS™ platform was capable of yielding concrete, potentially effective, plant-inspired combination drugs."

For these novel psychotropic drug candidates, the Gb Sciences research team used the PhAROS™ platform to identify new ingredients to improve upon an initial formulation for anxiety based on traditional medicine. The original plant mixture was derived from the kava plant, but some elements of kava are thought to cause liver toxicity. PhAROS™ identified ingredients from the Piper plant family as a substitute for the functionality of the ingredients in question without the potentially adverse safety profiles of those original ingredients. The Piper plant family includes pepper plants that are used worldwide in traditional medicines.

The PhAROSTM platform is a revolutionary, AI-driven science gateway and virtual research environment for drug discovery. With its data analytics and machine learning capabilities, PhAROS™ allows Gb Sciences to greatly reduce the time and money required to bring novel, plant-inspired formulations to market. PhAROS™ represents a breakthrough combination of data sciences and traditional plant-based medicines. 

To learn more about Gb Sciences, visit www.gbsciences.com.

About Gb Sciences and GbS Global Biopharma

Gb Sciences, Inc. is a plant-inspired, biopharmaceutical research and development company creating patented, disease-targeted formulations of cannabis- and other plant-inspired therapeutic mixtures for the prescription drug market through its Canadian subsidiary, GbS Global Biopharma, Inc. The 'plant-inspired' active ingredients in its therapeutic mixtures are synthetic homologues identical to the original plant compounds but produced under current Good Manufacturing Practices. Gb Sciences' intellectual property portfolio contains six issued U.S. and three issued foreign patents, as well as 17 U.S. and 51 foreign patent-pending applications. In its drug development pipeline, Gb Sciences has five preclinical phase product development programs. Gb Sciences' lead program for Parkinson's disease is being prepared for a first-in-human clinical trial. Gb Sciences' formulations for chronic pain, anxiety, and depression are currently in preclinical animal studies with researchers at the National Research Council of Canada (NRC). The company also received positive preclinical proof-of-concept data supporting its complex mixtures for the treatment of Cytokine Release Syndrome, and its lead candidates will be optimized based on late-stage preclinical studies at Michigan State University. Gb Sciences' productive research and development network includes distinguished universities, hospitals, and Contract Research Organizations. To learn more, visit www.gbsciences.com

Forward-Looking Statements

This press release may contain statements relating to future results or events, which are forward-looking statements. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import may identify forward-looking statements. These statements are not historical facts, but instead represent only the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further, information concerning the Company and its business, including factors that potentially could materially affect the Company's business and financial and other results, are contained in the Company's filings with the Securities and Exchange Commission, available at www.sec.gov. All forward-looking statements included in this press release are made only as of the date of this press release, and we do not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.

Media Contact

Alexis Quintal

[email protected]


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[email protected]


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Original Source: Gb Sciences' Plant-based Formulations Designed to Treat Anxiety Achieve Statistical Significance in Animal Study