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TD Bank announces Matt Boss as head of US Consumer Banking

CHERRY HILL, N.J. — (BUSINESS WIRE) — $TD #bankingTD Bank, America’s Most Convenient Bank®, recently elevated Matthew (Matt) Boss to Head of U.S. Consumer Banking. In his expanded role, Boss is responsible for TD’s more than 1,100 store locations, contact centers, digital sales and capabilities, retail operations, U.S. Wealth, and TD Auto Finance, while continuing to oversee all consumer product teams, including deposit products, credit cards and unsecured lending and residential lending.

 

“Matt is a strong, forward-thinking leader with a keen focus on delivering results through a culture based on performance and accountability,” said Leo Salom, President and CEO, TD Bank, AMCB. “His customer-centric approach, ability to drive best-in-class products and services from development to delivery, and deep commitment to fortifying our governance risk and controls will serve him well in his new role and position TD Bank for continued success here in the U.S.”

 

With nearly 25 years of banking experience, Boss joined TD Bank in 2017 to lead its Credit Cards and Unsecured Lending portfolios before being promoted to Head of Consumer Product Management in the U.S. Under his leadership, the bank scaled its deposit business while overhauling its overdraft policy, transformed the cards franchise, and optimized its mortgage operations. Boss has also made significant progress in attracting and retaining top talent across his teams and currently oversees the bank’s diversity and inclusion strategy as Chair of the Diversity Leadership Team.

 

“I’m excited about the path ahead for TD and the U.S. Consumer Bank,” said Boss. “We’ve built a strong franchise over the past few decades and have recently introduced a number of product innovations and capability enhancements, but we have so much more to do. It’s as important as ever that we continue to evolve our strategic approach to the business to ensure we’re well-positioned to provide even more value to our customers and communities in the years to come.”

 

Prior to TD, Boss served as the Managing Director of Products and Marketing for Melbourne-based Australia & New Zealand Banking Group (ANZ). In that role, he led the product functions for the retail and commercial bank, including responsibility for digital channels and assets, end-to-end marketing, data and analytics. Boss also spent more than a decade at Bank of America leading teams in the U.S. and England in roles of increasing responsibility across product, marketing, credit cards, and strategy.

 

Outside of TD, Boss serves as a board member of the National Forest Foundation and the Consumer Bankers Association. He earned a Bachelor’s degree in business administration and finance from the University of Massachusetts – Amherst.

 

About TD Bank, America’s Most Convenient Bank®

TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S. by assets, providing over 10 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Instagram at www.instagram.com/TDBank_US/.

 

TD Bank is a subsidiary of The Toronto-Dominion Bank, a top 10 North American bank. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com/us.

Contacts

Miranda Garrison

Miranda.Garrison@td.com

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Innophos upgrades production facility for EC grade calcium phosphates

CRANBURY, N.J. — (BUSINESS WIRE) — Innophos, a leader in the food and nutritional ingredient industry, is excited to announce a significant upgrade in its production facility for EC (European Commission) grade calcium phosphates. This capital investment is a strategic move to meet the growing demand in the EU food and dietary supplement markets.

 

This investment at Innophos’ Chicago Heights, IL production facility will result in greater manufacturing flexibility and is set to enhance the company’s ability to supply high-quality, EC grade calcium phosphates, long known for their purity, consistency, and compliance with stringent European regulatory standards.

 

Migue DeJong, Commercial Director, stated, “This investment reflects our commitment to providing our European customers with top-tier products and services. We recognize the growing need for high-quality calcium phosphates in the food, health, and wellness industry, and we are poised to meet this demand with our enhanced production capabilities.”

 

Calcium phosphates are essential ingredients in dietary supplements, food and beverage products, and infant food and formula contributing to bone health and overall well-being. Innophos’ EC grade calcium phosphates are specifically designed to blend seamlessly into various formulations, offering excellent bioavailability and stability.

 

For more information about Innophos’ EC grade calcium phosphates and other products, please visit our website.

 

About Innophos

Innophos is a leading global producer of specialty phosphate and mineral solutions serving food, beverage, nutrition, and industrial markets. Leveraging our expertise in phosphate science and technology, we partner with our customers to innovate and deliver products that excel in quality and performance. Headquartered in Cranbury, New Jersey, Innophos has an integrated manufacturing footprint that spans the United States, Canada, Mexico, and China. For more information, please visit www.innophos.com.

Contacts

Carrie Livingston

Email: carrie@colinkurtis.com
Phone: 815-519-8302

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AdvanSix to release first quarter financial results and hold Investor Conference Call on May 3

PARSIPPANY, N.J. — (BUSINESS WIRE) — AdvanSix (NYSE: ASIX) will issue its first quarter 2024 financial results before the opening of the New York Stock Exchange on Friday, May 3. The company will also hold a conference call with investors at 9 a.m. ET that day.

 

Presentation materials / Webcast details

A real-time audio webcast of the presentation can be accessed at http://investors.advansix.com. Related materials will be posted prior to the presentation at that site, and a replay of the webcast will be available on the AdvanSix investor website following the presentation.

 

Conference call details

To participate on the conference call, dial (844) 855-9494 (domestic) or (412) 858-4602 (international) approximately 10 minutes before the 9:00 a.m. ET start and tell the operator that you are dialing in for AdvanSix’s first quarter 2024 earnings call. A replay of the conference call will be available from 12 noon ET on May 3 until 12 noon ET on May 10. You can listen to the replay by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international). The access code is 7285784.

 

About AdvanSix

AdvanSix is a diversified chemistry company that produces essential materials for our customers in a wide variety of end markets and applications that touch people’s lives. Our integrated value chain of our five U.S.-based manufacturing facilities plays a critical role in global supply chains and enables us to innovate and deliver essential products for our customers across building and construction, fertilizers, agrochemicals, plastics, solvents, packaging, paints, coatings, adhesives, electronics and other end markets. Guided by our core values of Safety, Integrity, Accountability and Respect, AdvanSix strives to deliver best-in-class customer experiences and differentiated products in the industries of nylon solutions, plant nutrients, and chemical intermediates. More information on AdvanSix can be found at http://www.advansix.com.

 

Contacts

Media
Janeen Lawlor

(973) 526-1615

janeen.lawlor@advansix.com

Investors
Adam Kressel

(973) 526-1700

adam.kressel@advansix.com

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Talking Medicines reports record revenue bookings and strategic partnerships in Q1, 2024

GLASGOW, Scotland — (BUSINESS WIRE) — Talking Medicines, a pioneering leader in healthcare intelligence leveraging Advanced Data Science and Artificial Intelligence, is proud to announce a robust start to 2024, marked by record revenue bookings and significant advancements in its innovative platform Talking Medicines Drug-GPT. The Company is headquartered in Glasgow with a growing sales presence in New Jersey/New York/Philadelphia.

 

In the first quarter of 2024, Talking Medicines achieved significant success with its Talking Medicines Drug-GPT platform, revolutionizing access to intelligence on pharmaceutical medicine brands and disease areas. This innovative technology has garnered substantial interest from leading global healthcare advertising agencies, who recognize its potential to transform strategies for pharmaceutical clients.

 

Among Talking Medicines’ esteemed clientele are some of the world’s most prominent healthcare ad agency networks, reaffirming the platform’s efficacy in providing key insights derived from aggregated patient and healthcare professional conversations. By tapping into previously unseen data, Talking Medicines empowers its clients to drive better strategies and make informed decisions in relation to the pharmaceutical landscape.

 

Furthermore, Talking Medicines has forged strategic partnerships with both open and closed data communities, solidifying its commitment to expanding access to crucial insights. Notable among these partnerships is the collaboration with data aggregator Socialgist, which enables Talking Medicines to tap into millions of public conversational sites, enriching the Talking Medicines Drug-GPT platform with a wealth of diverse data sources.

 

Speaking on these achievements, Jo Halliday CEO expressed excitement about the company’s trajectory and the transformative impact of Talking Medicines Drug-GPT on the healthcare industry. “We are thrilled by the overwhelming response to Talking Medicines Drug-GPT and our strategic partnerships. This success underscores our dedication to empowering healthcare stakeholders with actionable insights derived from Advanced Data Science and Artificial Intelligence,” Jo Halliday, CEO stated.

 

Looking ahead, Talking Medicines remains committed to driving innovation and fostering collaborations that enhance healthcare decision-making through intelligence globally.

 

About Talking Medicines:

Talking Medicines based in Glasgow and New Jersey is a leading provider of healthcare intelligence, leveraging Advanced Data Science and Artificial Intelligence to transform pharmaceutical brand strategies. The company’s innovative platform, Talking Medicines Drug-GPT, revolutionizes access to intelligence on pharmaceutical medicine brands and disease areas, empowering healthcare stakeholders with actionable insights derived from aggregated patient and healthcare professional conversations. For more information, please visit www.talkingmedicines.com.

Contacts

Britt Gibson

Britteny@talkingmedicines.com
+1 551-280-9502

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Business Energy Environment Lifestyle Regulations & Security Science Weather & Environment

SageSure to Acquire GeoVera MGA, Including GeoVera’s Industry-Leading Underwriting Franchise in Residential Earthquake Risk

Transaction and track record of underwriting outperformance solidify SageSure as the leader in catastrophe-exposed property insurance.

 

JERSEY CITY, N.J. — (BUSINESS WIRE) — SageSure, one of the largest managing general agents focused on catastrophe-exposed markets, today announced that it has entered into a definitive agreement to acquire GeoVera Advantage Insurance Services, Inc. (“GeoVera MGA”), an existing managing general agent within the specialty property insurance provider GeoVera Insurance Holdings, Ltd. (“GeoVera”).

 

Upon the transaction’s completion, SageSure will assume the underwriting operations of GeoVera MGA’s best-in-class residential earthquake franchise.

With the addition of the GeoVera MGA’s deep earthquake expertise, the transaction will further enhance SageSure’s robust catastrophe risk underwriting capabilities and accelerate its entrance into new markets, including Oregon and Washington.

 

“We are excited to enter into an agreement that solidifies SageSure as one of the leading underwriters of catastrophe-exposed property risk in the US. This transaction is a rare opportunity to create significant value for employees and investors of both companies,” said Terrence McLean, President and CEO of SageSure. “The addition of Nesrin Basoz and the GeoVera MGA team will ensure continuity in GeoVera’s product offerings and a seamless experience for GeoVera distributors and policyholders.”

 

Both SageSure and GeoVera MGA teams will continue to drive their respective areas of expertise with the common goal of delivering underwriting outperformance.

 

The transaction will also establish SageSure’s partnership with GeoVera’s insurance carriers, which will provide residential earthquake capacity in California, Oregon, and Washington, and E&S homeowners, commercial habitational, and residential wind capacity in Florida. SageSure’s existing carrier partner SafePort Insurance Company will join GeoVera’s insurance carriers, enhancing an already strong, well-capitalized, and diversified AM Best-rated carrier group.

 

“We are proud to partner with SageSure on this innovative transaction,” said John Forney, President and CEO of GeoVera. “Our MGA team will provide SageSure with additional underwriting expertise and product diversity, while our new carrier partnership will ensure stability and continuity for GeoVera agents and policyholders. We look forward to the exciting opportunities this partnership will bring.”

 

To support the transaction, credit funds managed by Ares Management, SageSure’s long-standing capital provider, will provide an expansion to SageSure’s existing debt facility.

 

Howden Capital Markets & Advisory is serving as exclusive financial advisor to SageSure on the transaction, with Willkie Farr & Gallagher LLP serving as SageSure’s legal counsel.

 

The transaction is expected to close in the fourth quarter of 2024, subject to the receipt of required regulatory approvals and other customary closing conditions.

 

About SageSure

SageSure is the managing general agent specializing in coastal residential and commercial property insurance. SageSure offers more than 50 competitively priced insurance products in 14 coastal states on behalf of its carrier partners, serves more than 550,000 policyholders, and has more than $1.6 billion of inforce premium. Since its launch in 2009, SageSure has been pioneering property insurance through its market-leading online quoting and binding platform and its sophisticated risk modeling and scoring technology. For more information, visit sagesure.com.

 

About GeoVera Insurance Holdings, Ltd.

GeoVera Insurance Holdings, Ltd. is a provider of specialty property insurance products focused on catastrophe-exposed properties in the earthquake and wind markets, operating on both an admitted and surplus lines basis. GeoVera is headquartered in Fairfield, CA with offices in Sheboygan, WI, Jacksonville, FL and Tampa, FL. GeoVera and its subsidiaries maintain a Financial Strength Rating of A (Excellent) from AM Best. For more information, visit GeoVera.com.

Contacts

Walker Sands

sagesure@walkersands.com

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Business Culture Healthcare Lifestyle Local News Science

TheraBreath™ brand expands product line with Deep Clean and Overnight Oral Rinses

TheraBreath’s New Dentist-Formulated Rinses Continue to Bring Alcohol-Free Oral Care Solutions to Consumers Nationwide

 

EWING, N.J. — (BUSINESS WIRE) — TheraBreath™ brand, the fastest-growing mouthwash brand in the U.S. among leading brands, announces two new additions to the oral care aisle: TheraBreath Deep Clean Oral Rinse and TheraBreath Overnight Oral Rinse. Both rinses offer dentist-formulated, alcohol-free, and dye-free solutions for oral health.

 

TheraBreath Deep Clean Oral Rinse marks the brand’s debut with antiseptic benefits all while preserving their signature alcohol-free formula across their oral rinses. The new rinse effectively kills 99.9% of germs that cause bad breath, plaque, and gingivitis.* Coming in a new Fresh Mint flavor, Deep Clean provides a minty fresh taste.

 

Specially intended for nighttime use, TheraBreath Overnight Oral Rinse is an anticavity fluoride rinse that fights bad breath for 12 hours**. The rinse also helps to prevent cavities and strengthen enamel. Coming in a Chamomile Mint flavor, this unique flavor profile aligns well with bedtime routines.

 

“These new rinses reflect our deep commitment to oral care. They are crafted from research and understanding of what our consumers truly need – effectiveness and a product that fits seamlessly into their daily lives,” said Anthony Cirigliano, TheraBreath’s Lead Product Development Engineer.

 

TheraBreath’s products cater to a personalized approach to oral hygiene with each product offering specific benefits for a consumer’s individual needs. TheraBreath Deep Clean Oral Rinse and TheraBreath Overnight Oral Rinse are now available at retailers nationwide such as Walmart, Walgreens, and Target in addition to Amazon. For more information about TheraBreath products, please visit www.therabreath.com/pro.

*In laboratory testing

**When used as directed

 

About TheraBreath™:

In 2021, the TheraBreath brand was acquired by Church & Dwight Co., Inc., becoming the latest addition to its family of oral care products that include Waterpik® water flossers, ARM & HAMMER™ toothpaste, and Spinbrush™ toothbrushes. TheraBreath’s founder, Dr. Harold Katz created the oral care rinses at the California Breath Clinics over 30 years ago. TheraBreath products are revolutionary because they attack the germs that cause bad breath. TheraBreath has grown to have an extensive line of oral care products that include addressing issues such as gum health, teeth whitening, cavity prevention, and dry mouth symptoms.

Contacts

Media Contact:
Molly Walsh

molly.walsh@gcw.agency

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Wipro Limited to announce results for the fourth quarter and year ended March 31, 2024, on April 19, 2024

EAST BRUNSWICK, N.J. & BANGALORE, India — (BUSINESS WIRE) — $WIPRO #DigitalTransformation — Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) a leading technology services and consulting company, will announce results for the fourth quarter and year ended March 31, 2024, on Friday, April 19, 2024, after stock market trading hours in India.

 

The results will be available in the Investors section of the company’s website at www.wipro.com/investors/

 

At 7 p.m. IST* (9:30 a.m. U.S. ET) following the results announcement, the senior management will discuss the company’s performance for the quarter and answer questions sent by 6:30 p.m. IST* (9 a.m. U.S. ET) to: dipak.bohra@wipro.com or abhishek.jain2@wipro.com

 

The audio from the conference call will be available online through a webcast and can be accessed at https://links.ccwebcast.com/?EventId=WIP190424

 

Dial-in details for the conference call are as below

 

Time

7 p.m. – IST* (9:30 a.m. – ET#)

Click here for the diamond pass link

Diamond Pass™ is a Premium Service that enables you to connect to your conference call without having to wait for an operator. If you have a Diamond Pass™ click the above link to associate your pin and receive the access details for this conference, if you do not have a Diamond Pass™ please register through the link and you will receive your Diamond Pass™ for this conference.

Primary Access Toll Number

+91 22 6280 1120

+91 22 7115 8021

US Toll-Free Number

Singapore Toll-Free Number

1 866 746 2133

800 101 2045

UK Toll-Free Number

Hong Kong Toll-Free Number

0 808 101 1573

800 964 448

No passcode Required

 

Please dial any of the above numbers five to ten minutes ahead of schedule. The operator will provide instructions on asking questions before and during the call.

 

The replay of the call will be available two hours after the end of the call on the following numbers.

 

Call Playback Numbers:

Phone Number

Passcode/Conference ID

Replay Dates

India

+91 22 71945757

Access Code: 947765

19-Apr-24 to 26-Apr-24

Toll Free USA

+1 8332898317

Access Code: 947765

19-Apr-24 to 26-Apr-24

 

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 240,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

 

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.

 

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Contacts

Dipak Bohra

+91 80 61427201

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Business Healthcare Lifestyle Local News Regulations & Security Science

US FDA approves Bristol Myers Squibb and 2seventy bio’s Abecma for triple-class exposed relapsed or refractory multiple myeloma after two prior lines of therapy

Abecma tripled progression-free survival compared tostandard regimens in the Phase 3 KarMMa-3 trial, with a 51% reduction in risk of disease progression or death and a well-established safety profile

Expanded approval brings this personalized CAR T cell therapy to more patients with relapsed or refractory multiple myeloma earlier in their treatment journey as a one-time infusion offering meaningful treatment-free intervals when responding to therapy

Abecma is now approved in the U.S., Japan, Switzerland and the EU for earlier use for triple-class exposed relapsed and/or refractory multiple myeloma, underscoring BMS’ commitment to delivering Abecma globally, with consistently high manufacturing success rates and continuous increases in capacity

 

PRINCETON, N.J., & CAMBRIDGE, Mass. — (BUSINESS WIRE) — $BMY #CARTBristol Myers Squibb (NYSE: BMY) and 2seventy bio, Inc. (Nasdaq: TSVT) have announced that on April 4, 2024, the U.S. Food and Drug Administration (FDA) approved Abecma®(idecabtagene vicleucel; ide-cel) for the treatment of adult patients with relapsed or refractory multiple myeloma after two or more prior lines of therapy including an immunomodulatory agent (IMiD), a proteasome inhibitor (PI), and an anti-CD38 monoclonal antibody, based on results from the KarMMa-3 trial.

 

This approval expands Abecma’s indication, making it available in earlier lines to patients who have relapsed or become refractory after exposure to these three main classes of treatment (triple-class exposed), after two prior lines of therapy. Abecma is administered as a one-time infusion, with a new recommended dose range of 300 to 510 x 106 CAR-positive T cells. Please see the Important Safety Information section below, including Boxed WARNINGS for Abecma regarding Cytokine Release Syndrome, Neurologic Toxicities, Hemophagocytic Lymphohistiocytosis/Macrophage Activation Syndrome, Prolonged Cytopenia, and Secondary Hematological Malignancies.

 

Abecma has demonstrated a progression-free survival benefit three times that of standard regimens in relapsed or refractory multiple myeloma, and we are now bringing the promise of cell therapy to patients earlier in their treatment journey,” said Bryan Campbell, senior vice president, Head of Commercial, Cell Therapy, Bristol Myers Squibb. “This approval underpins our commitment to addressing the unmet needs of more patients living with multiple myeloma by improving upon the current treatment paradigm, and we remain steadfast in our pursuit of innovation and advancing cell therapy research to deliver potentially transformative therapies.”


“We are extremely pleased that Abecma will be available to many more patients in the U.S.,” said Chip Baird, chief executive officer, 2seventy bio. “This approval represents another important milestone for patients, for Abecma, and for 2seventy bio as we remain committed to increasing treatment options and working to improve outcomes for patients living with multiple myeloma.”

 

 

Despite advances in treatment, multiple myeloma remains an incurable disease characterized by periods of remission and relapse. In early lines of treatment, regimens consisting of combinations of IMiDs, PIs, and anti-CD38 monoclonal antibodies are often used to help manage the disease. Unfortunately, as many patients go on to relapse and/or become refractory to these classes of therapy, more patients are becoming triple-class exposed earlier in their treatment journey. There are limited options for these patients, and triple-class exposed relapsed and/or refractory multiple myeloma is associated with poor outcomes and a median progression-free survival (PFS) of three to five months. In this patient population with high unmet need, Abecma has demonstrated clinically meaningful and statistically significant improvements in PFS (95% CI: 13.3 months vs. 4.4 months [HR: 0.49; p<0.0001]). In addition, Abecma exhibited a well-established safety profile with mostly low-grade cytokine release syndrome and neurotoxicity. No cases of Parkinsonism were reported in the study.

 

“The results of the KarMMa-3 study are remarkable, especially given the historic outcomes with standard regimens for these patients with relapsed or refractory disease,” said Al-Ola A. Abdallah, M.D., University of Kansas, Clinical Associate Professor, Clinical Director, Hematologic Malignancies and Cellular Therapeutics and chair of U.S. Myeloma Innovations Research Collaborative. “With this approval, these patients now have an opportunity to be treated at an earlier line of therapy with a potentially transformative therapy that offers significantly improved progression-free survival for this difficult-to-treat disease that has had no established treatment approach.”

 

To support this approval and future expansions, Bristol Myers Squibb has made continuous investments to increase manufacturing capacity and has shown a consistently high manufacturing success rate of 94% for Abecma in the commercial setting.

 

Abecma was recently approved in Japan, Switzerland and the European Union for adult patients with triple-class exposed relapsed and/or refractory multiple myeloma after two prior lines of therapy, making it the only CAR T cell therapy available globally for earlier lines of therapy for patients with triple-class exposed relapsed and/or refractory multiple myeloma. Abecma is also currently approved in Great Britain and Israel for adult patients with triple-class exposed relapsed and refractory multiple myeloma after three or more prior lines of therapy.

 

KarMMa-3 Pivotal Trial Results

The KarMMa-3 trial is a pivotal, Phase 3, open-label, global, randomized, controlled trial evaluating Abecma compared to standard regimens in patients with relapsed and refractory multiple myeloma who have received two to four prior lines of treatment, including an immunomodulatory agent, a proteasome inhibitor, and an anti-CD38 antibody, and were refractory to the last treatment regimen, with 94% of patients with disease refractory to prior treatment with daratumumab. KarMMa-3 is the only Phase 3 trial to evaluate a CAR T cell therapy in a patient population consisting entirely of triple-class exposed relapsed and refractory multiple myeloma patients. The trial’s patient-centric design allowed for crossover from standard regimens to Abecma upon confirmed disease progression. At the time of the final progression-free survival (PFS) analysis, more than half (56%) of patients in the standard regimens arm crossed over to receive Abecma as a subsequent therapy.

 

In the study, 254 patients were randomized to receive Abecma and 132 were randomized to receive standard regimens that consisted of combinations that included daratumumab, pomalidomide, and dexamethasone (DPd), daratumumab, bortezomib, and dexamethasone (DVd), ixazomib, lenalidomide, and dexamethasone (IRd), carfilzomib and dexamethasone (Kd) or elotuzumab, pomalidomide and dexamethasone (EPd) chosen based on their most recent treatment regimen and investigator discretion. In the Abecma arm, pretreatment consisted of leukapheresis and optional bridging therapy. The choice to use bridging therapy was at the discretion of the investigator.

 

At an estimated median duration of follow-up of 15.9 months at the primary PFS analysis, Abecma more than tripled the primary endpoint of PFS compared with standard regimens, with a median PFS of 13.3 months (95% CI: 11.8-16.1) vs. 4.4 months (95% CI: 3.4-5.9), respectively (HR:0.49; 95% CI: 0.38-0.64; p<0.0001), representing a 51% reduction in the risk of disease progression or death with Abecma. Abecma also showed a significant improvement in overall response rates (p<0.0001) with the majority (71%) of patients treated with Abecma achieving a response, and 39% achieving a complete or stringent complete response. In comparison, less than half of patients (42%) who received standard regimens achieved a response, with 5% experiencing a complete response or stringent complete response. Responses were durable with Abecma, with a median duration of response of 14.8 months (95% CI: 12.0-18.6). In those patients who derived a complete response or better, median duration of response was 20 months (95% CI: 15.8-24.3).

 

Abecma has exhibited a well-established and consistent safety profile with mostly low-grade cytokine release syndrome (CRS) and neurotoxicity. Among patients who received Abecma in the KarMMa and KarMMa-3 studies (n=349), any grade CRS occurred in 89% of patients, including Grade >3 CRS in 7% of patients, and three cases (0.9%) of Grade 5 CRS reported. The median time to onset of CRS was 1 day (range: 1-27 days), and the median duration of CRS was 5 days (range: 1-63 days). Any grade neurotoxicity occurred in 40% of patients treated with Abecma in the KarMMa and KarMMa-3 studies, including Grade 3 neurotoxicity in 4% of patients, and two cases (0.6%) of Grade 4 neurotoxicity reported. At the safety update for KarMMa-3, one case of Grade 5 neurotoxicity was reported. The median time to onset of neurotoxicity was 2 days (range: 1-148 days), and the median duration of neurotoxicity was 8 days (range: 1-720 days).

 

About Abecma

Abecma is a CAR T cell therapy that recognizes and binds to BCMA on the surface of multiple myeloma cells leading to CAR T cell proliferation, cytokine secretion, and subsequent cytolytic killing of BCMA-expressing cells. Abecma is being jointly developed and commercialized in the U.S. as part of a Co-Development, Co-Promotion, and Profit Share Agreement between Bristol Myers Squibb and 2seventy bio.

 

This approval further underscores Bristol Myers Squibb’s deep knowledge and experience in cell therapy science and continued clinical advancements for multiple myeloma patients. The companies’ broad clinical development program for Abecma includes ongoing and planned clinical studies (KarMMa-2, KarMMa-3, KarMMa-9) for patients with multiple myeloma. For more information visit clinicaltrials.gov.

 

U.S. Important Safety Information

BOXED WARNING: CYTOKINE RELEASE SYNDROME, NEUROLOGIC TOXICITIES, HLH/MAS, PROLONGED CYTOPENIA and SECONDARY HEMATOLOGICAL MALIGNANCIES

  • Cytokine Release Syndrome (CRS), including fatal or life-threatening reactions, occurred in patients following treatment with ABECMA. Do not administer ABECMA to patients with active infection or inflammatory disorders. Treat severe or life-threatening CRS with tocilizumab or tocilizumab and corticosteroids.
  • Neurologic Toxicities, which may be severe or life-threatening, occurred following treatment with ABECMA, including concurrently with CRS, after CRS resolution, or in the absence of CRS. Monitor for neurologic events after treatment with ABECMA. Provide supportive care and/or corticosteroids as needed.
  • Hemophagocytic Lymphohistiocytosis/Macrophage Activation Syndrome (HLH/MAS) including fatal and life-threatening reactions, occurred in patients following treatment with ABECMA. HLH/MAS can occur with CRS or neurologic toxicities.
  • Prolonged Cytopenia with bleeding and infection, including fatal outcomes following stem cell transplantation for hematopoietic recovery, occurred following treatment with ABECMA.
  • T cell malignancies have occurred following treatment of hematologic malignancies with BCMA- and CD19-directed genetically modified autologous T cell immunotherapies, including ABECMA
  • ABECMA is available only through a restricted program under a Risk Evaluation and Mitigation Strategy (REMS) called the ABECMA REMS.

 

Warnings and Precautions:

Early Death: In KarMMa-3, a randomized (2:1), controlled trial, a higher proportion of patients experienced death within 9 months after randomization in the ABECMA arm (45/254; 18%) compared to the standard regimens arm (15/132; 11%). Early deaths occurred in 8% (20/254) and 0% prior to ABECMA infusion and standard regimen administration, respectively, and 10% (25/254) and 11% (15/132) after ABECMA infusion and standard regimen administration, respectively. Out of the 20 deaths that occurred prior to ABECMA infusion, 15 occurred from disease progression, 3 occurred from adverse events and 2 occurred from unknown causes. Out of the 25 deaths that occurred after ABECMA infusion, 10 occurred from disease progression, 11 occurred from adverse events, and 4 occurred from unknown causes.

 

Cytokine Release Syndrome (CRS): CRS, including fatal or life-threatening reactions, occurred following treatment with ABECMA. Among patients receiving ABECMA for relapsed refractory multiple myeloma in the KarMMa and KarMMa-3 studies (N=349), CRS occurred in 89% (310/349), including ≥ Grade 3 CRS (Lee grading system) in 7% (23/349) of patients and Grade 5 CRS in 0.9% (3/349) of patients. The median time-to-onset of CRS, any grade, was 1 day (range: 1 to 27 days), and the median duration of CRS was 5 days (range: 1 to 63 days). In the pooled studies, the rate of ≥Grade 3 CRS was 10% (7/71) for patients treated in dose range of 460 to 510 x 106 CAR-positive T cells and 5.4% (13/241) for patients treated in dose range of 300 to 460 x 106 CAR-positive T cells.

 

The most common manifestations of CRS (greater than or equal to 10%) included pyrexia (87%), hypotension (30%), tachycardia (26%), chills (19%), hypoxia (16%). Grade 3 or higher events that may be associated with CRS include hypotension, hypoxia, hyperbilirubinemia, hypofibrinogenemia, ARDS, atrial fibrillation, hepatocellular injury, metabolic acidosis, pulmonary edema, coagulopathy, renal failure, multiple organ dysfunction syndrome and HLH/MAS.

 

Identify CRS based on clinical presentation. Evaluate for and treat other causes of fever, hypoxia, and hypotension. CRS has been reported to be associated with findings of HLH/MAS, and the physiology of the syndromes may overlap. HLH/MAS is a potentially life-threatening condition. In patients with progressive symptoms of CRS or refractory CRS despite treatment, evaluate for evidence of HLH/MAS.

 

Of the 349 patients who received ABECMA in clinical trials, 226 (65%) patients received tocilizumab; 39% (135/349) received a single dose, while 26% (91/349) received more than 1 dose of tocilizumab. Overall, 24% (82/349) of patients received at least 1 dose of corticosteroids for treatment of CRS. Almost all patients who received corticosteroids for CRS also received tocilizumab. For patients treated in dose range of 460 to 510 x 106 CAR-positive T cells, 76% (54/71) of patients received tocilizumab and 35% (25/71) received at least 1 dose of corticosteroids for treatment of CRS. For patients treated in dose range of 300 to 460 x 106 CAR-positive T cells, 63% (152/241) of patients received tocilizumab and 20% (49/241) received at least 1 dose of corticosteroid for treatment of CRS.

 

Monitor patients at least daily for 7 days following ABECMA infusion at the REMS-certified healthcare facility for signs or symptoms of CRS and monitor patients for signs or symptoms of CRS for at least 4 weeks after ABECMA infusion. At the first sign of CRS, institute treatment with supportive care, tocilizumab and/or corticosteroids as indicated. Ensure that a minimum of 2 doses of tocilizumab are available prior to infusion of ABECMA. Counsel patients to seek immediate medical attention should signs or symptoms of CRS occur at any time.

 

Neurologic Toxicities: Neurologic toxicities, including immune-effector cell-associated neurotoxicity (ICANS), which may be severe or life- threatening, occurred concurrently with CRS, after CRS resolution, or in the absence of CRS following treatment with ABECMA.

 

In patients receiving ABECMA in the KarMMa and KarMMa-3 studies, CAR T cell-associated neurotoxicity occurred in 40% (139/349), including Grade 3 in 4% (14/349) and Grade 4 in 0.6% (2/349) of patients. The median time to onset of neurotoxicity was 2 days (range: 1 to 148 days). The median duration of CAR T cell-associated neurotoxicity was 8 days (range: 1 to 720 days) in all patients including those with ongoing neurologic events at the time of death or data cut off. CAR T cell-associated neurotoxicity resolved in 123 of 139 (88%) patients and median time to resolution was 5 days (range: 1 to 245 days). One-hundred and thirty four out of 349 (38%) patients with neurotoxicity had CRS. The onset of neurotoxicity during CRS was observed in 93 patients, before the onset of CRS in 12 patients, and after the CRS event in 29 patients. The rate of Grade 3 or 4 CAR T cell-associated neurotoxicity was 5.6% (4/71) and 3.7% (9/241) for patients treated in dose range of 460 to 510 x 106 CAR-positive T cells and 300 to 460 x 106 CAR-positive T cells, respectively. The most frequent (greater than or equal to 5%) manifestations of CAR T cell-associated neurotoxicity include encephalopathy (21%), headache (15%), dizziness (8%), delirium (6%), and tremor (6%).

 

At the safety update for KarMMa-3 study, one patient developed fatal neurotoxicity 43 days after ABECMA. In KarMMa, one patient had ongoing Grade 2 neurotoxicity at the time of death. Two patients had ongoing Grade 1 tremor at the time of data cutoff.

 

Cerebral edema has been associated with ABECMA in a patient in another study in multiple myeloma. Grade 3 myelitis and Grade 3 parkinsonism have occurred after treatment with ABECMA in another study in multiple myeloma.

 

Monitor patients at least daily for 7 days following ABECMA infusion at the REMS-certified healthcare facility for signs or symptoms of neurologic toxicities and monitor patients for signs or symptoms of neurologic toxicities for at least 4 weeks after ABECMA infusion and treat promptly. Rule out other causes of neurologic symptoms. Neurologic toxicity should be managed with supportive care and/or corticosteroids as needed. Counsel patients to seek immediate medical attention should signs or symptoms occur at any time.

 

Hemophagocytic Lymphohistiocytosis (HLH)/Macrophage Activation Syndrome (MAS): In patients receiving ABECMA in the KarMMa and KarMMa-3 studies, HLH/MAS occurred in 2.9% (10/349) of patients. All events of HLH/MAS had onset within 10 days of receiving ABECMA, with a median onset of 6.5 days (range: 4 to 10 days) and occurred in the setting of ongoing or worsening CRS. Five patients with HLH/MAS had overlapping neurotoxicity. The manifestations of HLH/MAS include hypotension, hypoxia, multiple organ dysfunction, renal dysfunction and cytopenia.

 

In KarMMa-3, one patient had Grade 5, two patients had Grade 4 and two patients had Grade 3 HLH/MAS. The patient with Grade 5 HLH/MAS also had Grade 5 candida sepsis and Grade 5 CRS. In another patient who died due to stroke, the Grade 4 HLH/MAS had resolved prior to death. Two cases of Grade 3 and one case of Grade 4 HLH/MAS had resolved.

 

In KarMMa, one patient treated in the 300 x 106 CAR-positive T cells dose cohort developed fatal multi-organ HLH/MAS with CRS. In another patient with fatal bronchopulmonary aspergillosis, HLH/MAS was contributory to the fatal outcome. Three cases of Grade 2 HLH/MAS resolved.

 

HLH/MAS is a potentially life-threatening condition with a high mortality rate if not recognized early and treated. Treatment of HLH/MAS should be administered per institutional guidelines.

 

ABECMA REMS: Due to the risk of CRS and neurologic toxicities, ABECMA is available only through a restricted program under a Risk Evaluation and Mitigation Strategy (REMS) called the ABECMA REMS. Further information is available at www.AbecmaREMS.com or contact Bristol-Myers Squibb at 1-866-340-7332.

 

Hypersensitivity Reactions: Allergic reactions may occur with the infusion of ABECMA. Serious hypersensitivity reactions, including anaphylaxis, may be due to dimethyl sulfoxide (DMSO) in ABECMA.

 

Infections: ABECMA should not be administered to patients with active infections or inflammatory disorders. Severe, life-threatening, or fatal infections occurred in patients after ABECMA infusion.

 

In all patients receiving ABECMA in the KarMMa and KarMMa-3 studies, infections (all grades) occurred in 61% of patients. Grade 3 or 4 infections occurred in 21% of patients. Grade 3 or 4 infections with an unspecified pathogen occurred in 12%, viral infections in 7%, bacterial infections in 4.3%, and fungal infections in 1.4% of patients. Overall, 15 patients had Grade 5 infections (4.3%); 8 patients (2.3%) with infections of pathogen unspecified, 3 patients (0.9%) with fungal infections, 3 patients (0.9%) with viral infections, and 1 patient (0.3%) with bacterial infection.

 

Monitor patients for signs and symptoms of infection before and after ABECMA infusion and treat appropriately. Administer prophylactic, pre-emptive, and/or therapeutic antimicrobials according to standard institutional guidelines.

 

Febrile neutropenia was observed in 38% (133/349) of patients after ABECMA infusion and may be concurrent with CRS. In the event of febrile neutropenia, evaluate for infection and manage with broad-spectrum antibiotics, fluids, and other supportive care as medically indicated.

 

Viral Reactivation: Cytomegalovirus (CMV) infection resulting in pneumonia and death has occurred following ABECMA administration. Monitor and treat for CMV reactivation in accordance with clinical guidelines. Hepatitis B virus (HBV) reactivation, in some cases resulting in fulminant hepatitis, hepatic failure, and death, can occur in patients treated with drugs directed against plasma cells. Perform screening for CMV, HBV, hepatitis C virus (HCV), and human immunodeficiency virus (HIV) in accordance with clinical guidelines before collection of cells for manufacturing. Consider antiviral therapy to prevent viral reactivation per local institutional guidelines/clinical practice.

 

Prolonged Cytopenias: In patients receiving ABECMA in the KarMMa and KarMMa-3 studies, 40% of patients (139/349) experienced prolonged Grade 3 or 4 neutropenia and 42% (145/349) experienced prolonged Grade 3 or 4 thrombocytopenia that had not resolved by Month 1 following ABECMA infusion. In 89% (123/139) of patients who recovered from Grade 3 or 4 neutropenia after Month 1, the median time to recovery from ABECMA infusion was 1.9 months. In 76% (110/145) of patients who recovered from Grade 3 or 4 thrombocytopenia, the median time to recovery was 1.9 months. Five patients underwent stem cell therapy for hematopoietic reconstitution due to prolonged cytopenia. The rate of Grade 3 or 4 thrombocytopenia was 62% (44/71) and 56% (135/241) for patients treated in dose range of 460 to 510 x 106 CAR-positive T cells and 300 to 460 x 106 CAR-positive T cells, respectively.

 

Monitor blood counts prior to and after ABECMA infusion. Manage cytopenia with myeloid growth factor and blood product transfusion support according to local institutional guidelines.

 

Hypogammaglobulinemia: In all patients receiving ABECMA in the KarMMa and KarMMa-3 studies, hypogammaglobulinemia was reported as an adverse event in 13% (46/349) of patients; laboratory IgG levels fell below 500 mg/dL after infusion in 37% (130/349) of patients treated with ABECMA.

 

Hypogammaglobulinemia either as an adverse reaction or laboratory IgG level below 500 mg/dL after infusion occurred in 45% (158/349) of patients treated with ABECMA. Forty-one percent of patients received intravenous immunoglobulin (IVIG) post-ABECMA for serum IgG <400 mg/dL.

 

Monitor immunoglobulin levels after treatment with ABECMA and administer IVIG for IgG <400 mg/dl. Manage appropriately per local institutional guidelines, including infection precautions and antibiotic or antiviral prophylaxis.

 

Use of Live Vaccines: The safety of immunization with live viral vaccines during or after ABECMA treatment has not been studied.

Contacts

Bristol Myers Squibb

Media Inquiries:
media@bms.com

Investors:
investor.relations@bms.com

2seventy bio

Investors:

Elizabeth Pingpank

860-463-0469

elizabeth.pingpank@2seventybio.com

Media:

Jenn Snyder

617-448-0281

jenn.snyder@2seventybio.com

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Business Culture Digital - AI & Apps Education Lifestyle Perspectives Technology

Pearson accelerates and increases the development of AI learning content to meet growing demand from students and professionals

HOBOKEN, N.J. — (BUSINESS WIRE) — As Generative AI rapidly evolves and demand soars for AI-related skills, Pearson (FTSE: PSON.L), the world’s leading learning company, is bringing to market new learning content covering the application of AI. According to the World Economic Forum The Future of Jobs Report 2023, the increase in adoption of advanced technologies like AI means that 44% of workers will need to be upskilled or reskilled over the next five years.

 

Pearson’s new AI content will help more students and technology professionals understand large language models, machine learning, deep learning, cybersecurity, and ethics. This includes:

  • More than 10 new IT professional AI titles covering topics from prompt engineering to the use of AI in customer support.
  • Updates to existing AI-focused higher education and professional learning content to ensure the most up-to-date information, including titles like Quick Start Guide to Large Language Models by Sinan Ozdemir.
  • 30 on-demand AI video courses and more than 580 hours of live virtual AI training events taught by the same industry experts who author Pearson titles. Video content development will double from what we brought to market in 2023.

 

Tom ap Simon, President of Pearson Higher Education said, “With AI skills becoming increasingly important in the job market and helping humans be more productive, the need for AI learning is growing. We’re seeing more interest than ever in AI video content for IT professionals, and higher education courses. Now is the time for learners to seize the new opportunities being fueled by AI, and Pearson content helps them do that.”

 

“The rapid evolution of AI means people are learning and getting up to speed while the technology itself is changing. Keeping pace with AI is an ongoing challenge, especially for professionals who constantly need new skills for their jobs. I’m thrilled Pearson is committed to authors bringing our expertise to learners quickly and responsibly,” said Pearson author, Sinan Ozdemir.

 

Pearson is committed to investing in the responsible application of AI to advance product innovation and enhance the learning experience to educate, certify, and credential students and the workforce.

 

A selection of the new AI titles, AI-focused video courses, and live AI training and events are provided below:

Titles

Video courses

Live virtual training and events

This content builds on Pearson’s flagship AI titles including Artificial Intelligence: A Modern Approach, which is authored by Stuart Russell, Professor at University of California-Berkeley and one of the 2023 Time 100 Most Influential People in AI, and Peter Norvig, Director of Research at Google and Distinguished Education Fellow at the Stanford Institute for Human-Centered Artificial Intelligence.

About Pearson

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c. 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us at pearsonplc.com.

Contacts

Media
Dan.Nelson@Pearson.com

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AM Best to participate and exhibit at RIMS’ 2024 RISKWORLD Conference

OLDWICK, N.J. — (BUSINESS WIRE) — #insuranceAM Best will participate and exhibit at RISKWORLD—the RIMS 2024 Annual Conference and Exhibition—with sessions that will focus on reinsurance market conditions, cyber risks, artificial intelligence, stress testing and workers’ compensation. The risk management event takes place May 5-8 at the San Diego Convention Center, in San Diego, Calif.

On May 6, at 1:55 p.m. (PST), Dawn Walker, associate director, AM Best, will give a presentation titled, “Improving Conditions for Reinsurers and the Implications.” Walker also will give a presentation at 2 p.m. (PST) on May 7 titled, “Workers’ Compensation: Are Favorable Frequency Trends Sustainable?” Walker joined AM Best in 2022 and is part of its Strategy and Communications department; she has more than 15 years of insurance industry and risk management experience.

 

Sridhar Manyem, senior director, AM Best, will also deliver a pair of presentations at the conference. The first titled, “Cyber Insurance: Moderating Prices and Cautious Underwriting Even as Cyber Risks Resurface,” will be held at 9:55 a.m. (PST) on May 7. His second presentation will take place at 10:30 a.m. (PST) on May 8 and is titled, “AI in Insurance: Risks and Opportunities.” Manyem is the head of AM Best’s industry research team and oversees publishing of the company’s perspectives on topical issues.

 

Maura McGuigan, managing director, AM Best, will give a presentation titled, “The Critical Function of Effective Stress Testing,” at 3:30 p.m. (PST) on May 7. McGuigan is the head of credit rating criteria at AM Best, and responsible for the testing and review of its credit rating methodology criteria, models and tools, and economic and country risk.

 

In addition, AM Best will exhibit at booth No. 1636 at the conference. Visitors to the AM Best booth can learn about the rating agency, its role in the insurance industry and the resources it offers to insurance professionals, including Best’s Credit Ratings, insurance data and analysis resources and financial data products, and Best’s Performance Assessment for Delegated Underwriting Authority Enterprises (DUAEs).

 

A Best’s Performance Assessment is an industry-first tool providing an objective, independent opinion of a DUAE’s ability to perform services on behalf of carriers. DUAEs such as MGAs and MGUs, have become an important part of the insurance value chain, with premiums having doubled globally over the last decade.

 

In addition, AMBest TV will provide video coverage of the conference. For daily reports, panel discussions and executive interviews, visit https://www.ambest.tv/rims24 during the event or look for the RIMS-related playlist under the “Event Coverage 2024” tab at https://www.ambest.tv.

 

RIMS is an industry association of risk professionals, with its 80 chapters more than 200,000 risk practitioners and business leaders from over 75 countries. To view the official agenda and learn more about RISKWORLD, please visit the event overview.

 

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com