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Race與美國最大的癌症研究與治療組織City of Hope簽署全球許可協議。 根據該協議，Race將獨家獲得City of Hope的一項專利申請及相關技術知識的權利，該專利申請和相關技術知識表明，bisantrene可能是FTO途徑的最強效抑制劑。 該協議讓Race可在特定條件下，在City of Hope的某些專利權范圍內進行自由探索和運營。 隨著在評估bisantrene對FTO和m6A[1]途徑的靶向影響方面取得進展，Race通過該協議與City of Hope建立了合作，提供了相關科研合作機會。 悉尼2023年7月11日 /美通社/ -- Race Oncology Limited（以下簡稱「Race」）欣然宣布簽署了一項獨家許可協議（以下簡稱「協議」），以獲得美國癌症研究與治療組織City of Hope的知識產權（以下簡稱「IP」），該知識產權強調bisantrene是人類脂肪量和肥胖相關蛋白（FTO）的強效抑制劑。City of Hope不僅是美國最大的癌症研究與治療中心之一，也是糖尿病及其他危及生命的疾病的領先研究中心，鼓勵將其發明、發現和知識產權用於造福公眾。 該協議授予的權利包括City of Hope提交的專利申請（PCT申請號：PCT/US2020/043294）（「專利申請」）可能帶來的IP獨家許可，以及與專利申請中包含的數據有關的技術知識（「技術知識」）。該協議確保了Race對此IP的獨家使用權，該公司認為，這將為FTO抑制劑應用的合作研究和下游商業推廣構建一條透明的途徑。該協議的重要條款摘要見本公告第3頁。 首席執行官兼董事總經理Damian Clarke-Bruce表示：「City of Hope於2020年發表的研究報告強調了bisantrene是FTO的強效抑制劑。這項全球獨家協議確保Race可獲得與該研究相關的重要IP的使用權，並為我們與Jianjun Chen教授及其研究小組的密切合作提供了絕佳的機會。」 「隨著該協議的簽署，有關Race贊助的研究的合作討論將更易於推進。此外，該協議還為Race的FTO研究議程提供了明確的路徑。我們很高興能通過臨床前和臨床研究，進一步驗證bisantrene的這一靶向應用，並預計FTO抑制可能為癌症患者提供高效且個性化的藥物解決方案。」 關於Race Oncology (ASX: RAC) Race Oncology是一家在澳大利亞證券交易所（ASX）上市的精准腫瘤公司，擁有2/3期抗癌藥物bisantrene。 Bisantrene是脂肪量和肥胖相關蛋白（FTO）的強效抑制劑。經證明，FTO的過度表達是多種癌症的遺傳驅動因素。Race正在探索將bisantrene用作黑色素瘤和透明細胞腎細胞癌的新療法，這兩種癌症都是常見的FTO過度表達癌症。 在突破性的臨床前研究中，Race還發現bisantrene能防止蒽環類藥物引起的心髒損傷，同時與蒽環類藥物和蛋白酶體抑制劑協同作用，可提高其對癌症的靶向能力。 該公司還擁有關於bisantrene作為化療藥物的令人信服的臨床數據，目前正在開展急性髓性白血病（AML）的多項臨床試驗。 Race正通過其關於bisantrene臨床開發的「三大支柱」戰略，為股東謀求更大的商業回報。欲了解更多信息，請訪問：www.raceoncology.com 如果您對本公告或Race Oncology以往發布的任何公告有任何疑問，請訪問我們投資者中心的互動公告頁面https://announcements.raceoncology.com。 重要協議條款摘要 開發和商業化：該公司應盡力直接或間接通過次級被許可人使用知識產權來開發和推廣產品。 開發裡程碑：如果該公司未能實現以下盡職裡程碑，則必須在相關截止日期前支付費用： 「截止日期」 「盡職裡程碑」 自2023年7月8日起四年 在許可產品的FTO相關三期臨床試驗中給第一位患者用藥 自2023年7月8日起六年 對於許可產品（有效的IP相關權利主張所涵蓋的產品或服務），首次在美國、歐洲、中國或澳大利亞獲得FTO相關適應症的市場批准。 權利/許可: City of Hope同意向該公司授予需支付版稅的獨家使用權和許可，以 使用專利權來生產、使用、提供、銷售、執行和進口許可產品；以及 使用「技術知識」並打造相關衍生品，以生產、使用、提供、銷售、執行和進口許可產品。 付款：該公司同意向 City of Hope 支付與IP使用權/許可相關的以下費用： 自2023年7月8日起的30日內，一次性支付50,000美元的許可費，該費用一經支付不予退還； 在該公司控制權發生變更的情況下，支付1,000,000美元； 許可協議期間可能有八筆裡程碑付款，其中四筆為開發盡職裡程碑付款，另外四筆為銷售裡程碑付款，總金額高達2200萬美元； 以下版稅： 低個位數版稅； 如果上述基礎版稅少於200,000美元，那麼在特定的許可年度，被許可人支付的總版稅與200,000美元之間的差額將作為調整後的版稅，不過，對於bisantrene商業銷售的第一年，應按剩余月份數按比例支付最低年度版稅。 版稅在有效權利主張的最後日期或商業銷售十周年時到期。 分許可收入：該公司應向City of Hope支付所有分許可收入的適用百分比，最高為低兩位數的分許可費。 該協議包含的條款和條件被視為此類協議的標准條款和條件。 [1] N6-甲基腺甘是信使RNA中最普遍的修飾。
Race executes worldwide license agreement with City of Hope, one of the largest cancer research and treatment organisations in the United States. Under the agreement, Race will exclusively secure rights to a City of Hope patent application and associated know-how identifying that bisantrene may be the most potent inhibitor of the FTO pathway. Agreement grants Race freedom to explore and operate under certain City of Hope patent rights, subject to specified conditions. Agreement builds engagement with City of Hope and the related opportunity for scientific collaboration as Race progresses its evaluation of bisantrene's targeted impact on the FTO and m6A[1] pathways. SYDNEY, July 11, 2023 /PRNewswire/ -- Race Oncology Limited ("Race") is pleased to announce execution of an exclusive licence agreement ("Agreement") to access U.S. cancer research and treatment organisation City of Hope's intellectual property ("IP") which highlights bisantrene as a potent inhibitor of the human fat mass and obesity-associated protein, or FTO. City of Hope, one of the largest cancer research and treatment centres in the United States and a leading research centre for diabetes and other life-threatening illnesses, encourages the use of its inventions, discoveries and intellectual property for the benefit of the public. These rights granted under the Agreement include the exclusive license of IP potentially arising from a patent application (PCT Application No. PCT/US2020/043294) ("Patent Application") as filed by City of Hope and know-how relating to data included in the Patent Application ("Know-How"). The Agreement ensures Race's exclusive access to that IP, which the Company believes will construct a transparent path for collaborative research and the downstream commercialisation of FTO inhibitory applications. A summary of the material terms of the Agreement are provided on page 3 of this announcement. CEO and Managing Director, Damian Clarke-Bruce commented: "In 2020, City of Hope published research highlighting bisantrene as a potent inhibitor of FTO. This exclusive worldwide agreement secures access for Race to important IP associated with that work and opens exciting opportunities for us to collaborate closely with Professor Jianjun Chen and his research group. With the agreement in place, collaborative discussions regarding Race-sponsored research are now easier to facilitate. Moreover, this agreement secures a clear path for Race's FTO research agenda. We are excited about further validating this targeted application for bisantrene through preclinical and clinical studies and anticipate that FTO inhibition may offer a high-impact, personalised medicine solution for cancer patients." --ENDS-- About Race Oncology (ASX: RAC) Race Oncology is an ASX listed precision oncology company with a Phase 2/3 cancer drug called bisantrene Bisantrene is a potent inhibitor of the Fatso/Fat mass and obesity associated (FTO) protein. Overexpression of FTO has been shown to be the genetic driver of a diverse range of cancers. Race is exploring the use of bisantrene as a new therapy for melanoma and clear cell renal cell carcinoma, which are both frequent FTO over-expressing cancers. In breakthrough preclinical research, Race has also discovered that bisantrene protects from anthracycline-induced heart damage, while in tandem acting with anthracyclines and proteasome inhibitors to improve their ability to target cancer. The Company also has compelling clinical data for bisantrene as a chemotherapeutic agent and is in multiple clinical trials in Acute Myeloid Leukaemia (AML). Race is pursuing outsized commercial returns for shareholders via its 'Three Pillar' strategy for the clinical development of bisantrene. Learn more at www.raceoncology.com If you have any questions on this announcement or any past Race Oncology announcements, please go to the Interactive Announcements page in our Investor Hub https://announcements.raceoncology.com SUMMARY OF MATERIAL TERMS OF AGREEMENT Development and commercialisation: the Company shall use reasonable endeavours to use the IP to develop and commercialise products directly or indirectly through sub-licensees. Development Milestones: if the Company fails to achieve the following diligence milestones, it must pay a fee prior to the relevant deadline date: "Deadline Date" "Diligence Milestone" Four years from 8 July 2023 Dose the first patient in an FTO-Related Phase3 Clinical Trial of a Licensed Product Six years from 8 July 2023 Receive the first Marketing Approval for anFTO-Related Indication in the United States,Europe, China or Australia with respect to alicensed product (being products or servicescovered by valid claims relating to the IP). Rights/Licences: City of Hope agrees to grant to the Company exclusive royalty-bearing rights and licences to: o use the Patent Rights to make, have made, use, offer, sell, perform and import licenced products; and o use and make derivative works of the Know-How to make, have made, use, offer, sell, perform and import licenced products. Payments: in consideration for the rights/licences to the IP, the Company agrees to pay City of Hope: o a one-time non-refundable licence fee of USD$50,000 within 30 days from 8 July 2023; o subject to and upon a change of control in the Company occurring, USD$1,000,000; o There are eight milestone payments, four for development diligence milestones and four for sales milestones potentially payable over the course of the license agreement with the aggregate dollar amount up to USD$22M; o the following royalty payments: low single digit royalty payments; if the base royalty above amounts to less than USD$200,000, the difference between USD$200,000 and the total earned royalty paid by Licensee for the given licence year, as adjusted, provided, however, that for the first license year of commercial sales of Bisantrene, the minimum annual royalty payable shall be pro-rated for the number of months remaining in that calendar year. o the royalty payments shall expire on the last date on which a valid claim exists or the 10th anniversary of a commercial sale. Sublicense Revenues: the Company shall pay to City of Hope the applicable percentage of all sublicence revenues up to a low double digit sublicensing fee. The Agreement contains terms and conditions considered otherwise standard for an agreement of this nature. [1] N6-methyladenosine, which is an abundant modification in messenger RNA
Film Brings Evil into Light and Hope to Two Million Trafficked Children JERSEY CITY, N.J., July 11, 2023 /PRNewswire/ -- Goya Cares, an executive producer of the new blockbuster movie SOUND OF FREEDOM, celebrates the overwhelming success of surpassing the goal of over two million viewers to represent the two million children trafficked worldwide. "Although Tim Ballard, played by Jim Caviezel, saved many children, his focus on the mission to save one child, Rocio, is like the parable of the Lost Sheep, where the Good Shepherd leaves his flock to find one lost sheep. Indeed, every life has value and purpose. The SOUND OF FREEDOM brings this truth to light," said Bob Unanue, President and CEO of Goya Foods, and Executive Producer of SOUND OF FREEDOM. Goya Cares, inspired by THE SOUND OF FREEDOM, is a global initiative dedicated to combating child trafficking and educating on child mental health. The initiative brings together organizations, schools, and businesses to show solidarity and ultimately to protect the most vulnerable, our children. Partners of the Goya Cares coalition help to recover, restore, and reunite survivors, while also helping raise awareness and provide schools with free access to preventative education that helps recognize the dangers of child trafficking through the Goya Cares' educational series LIGHT. To learn more about Goya Cares, please visit: www.goyacares.com About Goya FoodsFounded in 1936, Goya Foods, Inc. is America's largest Hispanic-owned food company, and has established itself as the leader in Latin American food and condiments. Goya manufactures, packages, and distributes over 2,500 high-quality food products from Spain, the Caribbean, Mexico, Central, and South America. Goya products have their roots in the culinary traditions of Hispanic communities around the world. The combination of authentic ingredients, robust seasonings, and convenient preparation makes Goya products ideal for every taste and every table. For more information on Goya Foods, please visit www.goya.com. Press Contact:Natalie J. Maniscalco845.659.6506natalie@retromedianyc.com Goya Foods launches Goya Cares, a global initiative dedicated to eliminating child trafficking both domestically and internationally.
SHANGHAI, July 11, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) ("the Company") discussed the long-term cooperation opportunity with Siemens to boost technological innovation in the healthcare and energy sectors in a recent visit paid by the top executives from Siemens Healthineers and Siemens Energy. The two energy and healthcare groups are poised to seek greater collaboration in support of building a healthier and greener China, leveraging China and Germany's elevated bilateral ties and intensifying collaboration on climate action to push sustainability and innovation for multiple sectors. On July 5th, a visit by Elisabeth Staudinger, Managing Board Member at Siemens Healthineers, to Shanghai Electric's headquarters was received by Leng Weiqing, Chairlady of the Board at Shanghai Electric, followed by a trip by Karim Amin, Executive Vice President at Siemens Energy, on the same day. During the meetings, Shanghai Electric held talks with the high-level delegates from Siemens, its long-standing partner in new energy and high-end medical equipment, to discuss the fruitful outcomes of their collaboration that have driven innovation in China's healthcare sector and seek possibilities to upgrade their synergy to develop greener solutions for energy storage and new energy sources. "The collaboration between Shanghai Electric and Siemens has allowed us to fully take advantage of our expertise and capabilities in different industries, markets, and technologies to enhance our product R&D and innovation, with teams at the two companies yielding numerous impressive achievements over the past decades. We look forward to further strengthening our partnership with Siemens to propel the domestic innovation of medical equipment, improve China's public health facilities at the grassroots level, and empower China to build a safe, low-carbon, and efficient energy system, benefiting more Chinese citizens by jointly delivering more high-quality healthcare and sustainable energy solutions," said Leng Weiqing. Highlighting the growing demand for healthcare services in China, Elisabeth Staudinger stressed that China's 14th Five-Year Plan, which lays out the strategy to enhance domestic medical equipment manufacturing and technological innovation, will bring more cooperation opportunities for the two companies. "Siemens Healthineers wishes to work hand in hand with Shanghai Electric to speed up the development of China's medical sector, improve China's health and hygiene standards, and contribute towards the realization of the 'Healthy China 2030' vision," she said. Karim Amin acknowledged the remarkable achievements of collaboration between Shanghai Electric and Siemens and offered insights into Siemens Energy's business development. "Siemens Energy aims to deepen strategic cooperation with Shanghai Electric to support China's effort to achieve energy transformation. It means that we will ramp up investment in R&D, actively explore new applications of new technology, and offer products and services with better quality. As we bring more technical support to help China accelerate toward the "dual carbon" goal, we also anticipate joining hands with Shanghai Electric to achieve more breakthroughs in the new energy sector," he said. The visit came after the top official of China held the first in-person government consultations with German Chancellor Olaf Scholz since the outbreak of COVID-19 in June, during which the top officials of the two countries expressed their willingness to strengthen cooperation on low-carbon development and accelerate their transition to a more climate-friendly economy. As Beijing and Berlin continue to jointly work on issues such as decarbonizing industrial processes, doubling down on policies for the switch to climate-friendly mobility, and constructing the circular economy, new opportunities will be presented to the two companies to build upon their twenty-year partnership to catalyze innovation for renewable technology and healthcare. Since the acquisition of Westinghouse Electric over two decades ago, Siemen has been a key partner of Shanghai Electric in the energy sector, with the two companies co-developing clean, efficient power solutions with a joint venture, Shanghai Electric Power Generation Equipment. Boasting a 40 percent market share, the company has surpassed RMB 150 billion in revenue with its coal-fired power generation equipment, which has set numerous records for performance, capacity, and low carbon emissions. 2022 marks the beginning of a new partnership between Shanghai Electric and Siemens Healthineers, through which the two companies look to promote domestic innovation in medical equipment across China and improve access to quality medical resources for healthcare institutions nationwide. The two companies have confirmed deep cooperation across various areas in an agreement that encompasses business systems, product development, and after-sales services, facilitating Shanghai Electric's growth in the booming medical sector of China. About Shanghai Electric Shanghai Electric Group Company Limited (SEHK:2727, SSE:601727), a leading global supplier of industrial-grade eco-friendly smart system solutions with a presence around the world, is dedicated to smart energy, intelligent manufacturing, and the integration of digital intelligence. With the focus on low-carbon development and digital transformation by opening up new arenas and promoting new growth drivers, Shanghai Electric will strive to be a leader in the pursuit of peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, new energy equipment production, and high-end equipment localization, utilizing the boundless opportunities in an innovative industrial ecosystem along with global partners. For more information, please visit https://www.shanghai-electric.com/group_en/
Automobili Pininfarina has created a spectacular new hyper GT inspired by its family legacy and design heritage: the Battista Edizione Nino Farina New design edition celebrates the illustrious racing career and fearless spirit of motorsport legend and the first ever F1 World Champion Nino Farina, nephew of design icon and company founder Battista 'Pinin' Farina The Battista Edizione Nino Farina will make its world premiere at Goodwood Festival of Speed (13-16 July), driven by racing legend and former Goodwood hillclimb Champion Nick Heidfeld Limited to just five unique examples, Battista Edizione Nino Farina is the second 'design edition' in the Battista portfolio, following the rare and revered Battista Anniversario Edizione Nino Farina features an unmistakable exterior design including Rosso Nino paint with contrasting Bianco Sestriere and Iconica Blu finishes, new Glorioso Gold wheels and exquisite details including an eye-catching '01' body side graphic Bespoke interior features include a driver's seat finished in Black Sustainable Leather, beside a contrasting passenger seat finished in Beige Leather, with both featuring Black Alcantara trim and exclusive 'Nino Farina' inscriptions Each of the five Edizione Nino Farina will feature a unique aluminium door plate celebrating one of five outstanding landmarks in Nino's impressive career. To find out more visit: design-editions.automobili-pininfarina.com See the beautiful and bespoke Battista Edizione Nino Farina on road and track here CAMBIANO, Italy and MUNICH, July 11, 2023 /PRNewswire/ -- Automobili Pininfarina is honouring a motorsport icon with an exclusive new limited-edition version of its award-winning electric hyper GT – the Battista Edizione Nino Farina. Battista Edizione Nino Farina 01 The design edition will make its dynamic debut at the Goodwood Festival of Speed, where it will be piloted up the famous hill by former F1 star and hillclimb record holder, Nick Heidfeld. In his role as an advisor to Automobili Pininfarina, 'Quick Nick' has played a key role in the Battista story so far. Following the success of the limited-edition Battista Anniversario, the latest model represents the fascinating story of F1 racing legend Nino Farina, the first ever F1 World Champion and nephew of design icon Battista 'Pinin' Farina. Fittingly, it will make its dynamic debut just a few hundred metres from the Goodwood Circuit, where Nino drove to victory in the 1951 Goodwood Trophy (a non-championship F1 race). With just five examples to be crafted for clients worldwide, bespoke features adorning the exterior and interior of the Battista Edizione Nino Farina pay tribute to the racing legend born in Torino. Each car in the series celebrates one of five milestones in Nino Farina's incredible racing career, ensuring each collector will own a one-of-a-kind Italian design masterpiece. Paolo Dellachà, Chief Executive Officer for Automobili Pininfarina, said: "The Battista Edizione Nino Farina represents the vision of our talented Design team, paying an evocative tribute to an undisputed legend of the Pininfarina family and its heritage. An untold story about the spirit and the courage of a man driven by a racing passion like no other. "Our clients demand rarity, exclusivity, and the quality of execution synonymous with unique and coachbuilt Pininfarina designs of the past. Battista Edizione Nino Farina combines all these elements, with the phenomenal performance of the most powerful car ever made in Italy, the Battista. In our imagination, Nino would have dreamt to drive with his uncle Battista, pushing the car to its limits. As he did every time he raced. "Driving this car will be an experience much like pulling on the suit of a superhero, an exceptional and emotional experience is assured. I look forward to personally presenting the Battista Edizione Nino Farina at Goodwood Festival of Speed this year." HONOURING A LEGEND Battista 'Pinin' Farina was the founder of the famous Carrozzeria Pininfarina. He is the namesake of Automobili Pininfarina's first ever vehicle – the Battista – honouring his dream to create a solely Pininfarina-branded vehicle one day on the road. As an uncle to Nino Farina, he was responsible for igniting the future World Champion's passion for motorsport. Battista took his 16-year-old nephew to participate in his first ever race, as a passenger. This established his appetite for competition and Nino went on to take part in numerous races and championships across Italy in the 1930s. In 1950, Nino Farina competed in the first Grand Prix races formally organised by the FIA – today's Formula One World Championship – leading a three-car team. In his first year of World Championship driving, Nino Farina won the British (the first to be held at Silverstone), Swiss and Italian races, taking the overall World Championship in the process. Nino Farina was a highly respected Formula One driver among his peers, noted for his fearless driving and passion for the sport – which contributed to his early F1 wins in his debut year. He led his teammates to a 1-2-3 finish at the very first race of 1950, at Silverstone, and completed the season by winning at the Italian Grand Prix in September. Subtle detailing distinguishes each Edizione Nino Farina with the bespoke aluminium passenger door plate, anodised in black with one of five unique designs, ensuring each client has a unique vehicle. Each model will celebrate a different milestone from Nino Farina's life: Nino's date and place of birth (1906 in Turin) First ever F1 pole position and race victory at the 1950 British Grand Prix Nino's second victory in 1950 at the Swiss Grand Prix The third and final victory in 1950, at the Italian Grand Prix 1950 F1 world championship victory CURATED EXTERIOR DESIGN BY AUTOMOBILI PININFARINA Battista's peerless design – perfectly balancing technological innovation with a nod to Pininfarina's elegant past – has been elevated with the Edizione Nino Farina and its heritage-inspired livery. Dave Amantea, Chief Design Officer, Automobili Pininfarina, said: "This exclusive model pays homage to Nino Farina's courageous and fearless persona, and his incredible achievements in motorsport. It is our tribute to a family dynasty – to the man who will forever be known as the first driver ever to be crowned a Formula One World Champion and to our founder, the man responsible for igniting his passion for racing. "Each vehicle is a tribute to Nino's unrivalled history and each one represents a unique moment in his life, which was truly remarkable. We have taken inspiration from these moments to create a vehicle that would be the centre piece of any collection. Its signature Rosso Nino body colour has been chosen to evoke memories of the Italian racing red paintwork of the cars in which he enjoyed his greatest victories, while key finishes and design cues sit seamlessly with Battista's unmistakable design." The unique exterior design is finished in bespoke Rosso Nino – a deep and rich red hue that pays homage to the vehicles Nino Farina drove throughout his racing career. The intricate body and Rosso Nino paint is complemented by a special livery on the lower body, finished in Bianco Sestriere and Iconica Blu. The Bianco Sestriere and Iconica Blu detailing extends to the bespoke pinstripe on the door mirrors and underside of the rear wing – with bespoke graphics including a laurel wreath – while the number '01' in Bianco Sestriere is featured in a large graphic on the rear panel behind the door. Providing added exterior distinction is the Furiosa Pack, comprising a revised carbon fibre front splitter, side blades and rear diffuser, finished with a Bianco Sestriere pinstripe, while the Carbon Accent Pack is finished in Black Exposed Signature Carbon. Dark detailing extends to the Goccia roof, while the Exterior Jewellery Pack is finished in brushed aluminium, anodised in black. This complements the black brake calipers and centre lock rings, which are finished in brushed aluminium anodised in black. New 10-spoke forged aluminium Glorioso alloy wheel designs feature a distinctive Satin Gold finish. Subtle exterior detailing referencing Nino Farina is visible across the vehicle. A bespoke 'Nino Farina' engraving on the headlight unit is finished in brushed aluminium anodised in black, while the driver's side carbon side wing is enhanced with a 'Nino Farina' graphic signature. BESPOKE INTERIOR CREATES UNIQUE DRIVER AND PASSENGER ENVIRONMENTS The Battista Edizione Nino Farina's interior features a bespoke two-tone theme, with a driver's seat upholstery trimmed in black sustainable luxury leather and passenger seat in contrasting beige and black Alcantara. The Pilota seats feature a unique design between the driver and passenger, both with a bespoke quilting pattern and 'Nino Farina' on the backrest. On the black driver's seat, the bespoke headrest features an embroidered laurel wreath and '01' graphic in gold, while the Pininfarina logo is finished in red on the beige passenger seat. The backs of both seats are painted in Rosso Nino, matching the exterior bodywork. Following the exterior theme, the upholstery is accentuated with Iconica Blu seatbelts, with a bespoke duotone contrast stitch in beige and red on the centre tunnel, dashboard and seats. The steering wheel is finished in black Alcantara with Exposed Carbon, with a contrasting 12 o'clock ring in brushed aluminium anodised in red. The attention to detail extends to the steering wheel plate, which is finished in brushed aluminium, anodised black, bearing the 'Nino Farina' signature. Like the exterior, dark detailing extends to the interior with the Interior Jewellery Pack in brushed aluminium, anodised in black. Beautiful detailing specific to the Edizione Nino Farina is found throughout the interior. The chassis plate is black anodised with bespoke 'Nino Farina' dedication, while the passenger door plate is unique to each vehicle. BATTISTA PERFORMANCE Like the Battista and Battista Anniversario, the Edizione Nino Farina is powered by a state-of-the-art powertrain that delivers record-breaking performance. The world's first pure-electric hyper GT utilises a high-capacity 120 kWh lithium-ion battery contained within a strong but lightweight carbon fibre housing. Four independent high-performance electric motors – one driving each wheel – combine with Full Torque Vectoring, Electronic Stability Control and a software differential that allows drivers to tailor the power delivery and handling responses like never before, while its T-shaped liquid-cooled battery pack is mounted centrally behind the seats to ensure a low centre of gravity. The Battista's unique launch control technology contributes to Formula One car-beating acceleration, with 0-60mph achieved in 1.79s, 0-100km/h completed in 1.86s, 0-120mph executed in 4.49s and 0-200 km/h covered in just 4.75 seconds. A car as fast as Battista demands strong stopping power and official tests confirm Battista is the fastest braking EV in the world, completing 100-0 km/h in just 31m. Battista performance data highlights: 1,900 hp (1,400 kW) 2,340 Nm of torque 0-100 km/h (0-62 mph) in 1.86 seconds and 350 km/h (217 mph) top speed Up to 476 km driving range (296 miles, WLTP combined), US EPA: 300 miles The Battista combines hypercar performance with the cruising range and luxurious cabin of a traditional GT, with all-wheel drive and a choice of five driving modes to tailor the driving dynamics: Calma, Pura, Energica, Furiosa and Carattere. For more information, visit automobili-pininfarina.com/media-zone EDITOR'S NOTES THE AUTOMOBILI PININFARINA BATTISTA The Battista will be the most powerful car ever designed and built in Italy and it will deliver a level of performance that is unachievable today in any road-legal sports car featuring internal combustion engine technology. Faster than a current Formula 1 race car in its 0 -100 km/h sub-two second sprint, and with 1,900 hp and 2,340 Nm torque on tap, the Battista will combine extreme engineering and technology in a zero emissions package. The Battista's 120 kWh battery provides power to four electric motors – one at each wheel – with a combined WLTP range of up to 476 km (U.S. combined EPA: 300 miles) on a single charge. No more than 150 examples of Battista will be individually hand-crafted at the Battista Atelier in Cambiano, Italy. ABOUT AUTOMOBILI PININFARINA Automobili Pininfarina is based in operational headquarters in Munich, Germany, with a team of experienced automotive executives from luxury and premium car brands. Designed, engineered, and produced by hand in Italy, the Battista hyper GT and all future models will be sold in all major global markets under the brand name Pininfarina. The new company aims to be the most desired, sustainable luxury car brand in the world. The company is a 100 per cent Mahindra & Mahindra Ltd investment. Battista Edizione Nino Farina 02 Battista Edizione Nino Farina 03 Battista Edizione Nino Farina 04 Battista Edizione Nino Farina 05 Battista Edizione Nino Farina 06
New research by Western Union finds that without being able to send money back home 51% of migrants living in Australia believe their family or friends would be in poverty. The report, which explores the real-world impact of remittance payments, finds that 79% of migrants believe that their friends or families' quality of life has improved vastly due to the money that they send. Four in five (81%) migrants state that being able to send money to their friends or family gives their life a sense of purpose. DENVER, July 11, 2023 /PRNewswire/ -- New research released today by Western Union has revealed that just over half (51%) of migrants living in Australia believe their friends or family would be in poverty if it wasn't for them sending regular payments back home. The report – The Value of Remittance – looks to shed a light on the real-world impact of remittance payments, finding that 57% of migrants believe that without being able to send money, their family or friends would not be able to afford medical treatment and 56% state that they would not be able to afford good quality food. Over half (53%) went on to say that their family would not be able to attend school or further education if it wasn't for the remittance that they send and 51% stated they wouldn't be able to afford their rent or mortgage. The study, which surveyed migrants living in Australia, demonstrates the positive affect that remittance payments have on families around the world. The report found that 79% of migrants believe that their families' quality of life has improved vastly due to the money that they send and 77% believe that their family and friends have more opportunities in life as a result of their remittance payments. How is remittance being used by families of migrants living in Australia? On average migrants were found to send 11% of their annual income as remittance. With the primary reasons being to contribute towards their family's food bill (67%), healthcare costs (60%) and accommodation (42%). Ninety-two percent of migrants were found to have sent money to family back home in the past 12 months and 67% of migrants state that being able to send money to family back home was a key factor in their decision to move to Australia. The most common uses of remittance amongst families of migrants: Groceries (67%) Healthcare (60%) Accommodation (42%) Education (42%) Paying off family debt (33%) Transport costs (28%) Paying towards family childcare (20%) Supporting a family members business (15%) Paying towards family wedding costs (15%) The pressure of providing back home The study found that amongst rising inflation, many migrants are struggling with the pressure of providing for their families and friends back home. Over half (56%) of migrant's state that they have had to work extra hours or have started another job to continue sending remittance payments and 62% say that they have had to reduce the amount of remittance that they send due to rising living costs. Over half (52%) reported that they were concerned about the possibility of losing their job in the next 12 months and the impact this will have on their families back home. Top 10 countries migrants living in Australia are sending money to: India China Philippines Vietnam United Kingdom Lebanon Thailand France Germany Italy (Source: KNOMAD/World Bank Bilateral Remittance Matrix) This pressure is having a profound strain on the mental wellbeing of migrants living in Australia. Sixty-nine percent state that the responsibility of having to support their family or friends can sometimes be too much to bear and a further 69% of migrants say that they regularly make sacrifices in their own life to ensure that they are able to continue sending money to their friends or family. Fifty-eight percent also reported that they often feel lonely, suggesting many migrants are prioritising work over building their own personal relationships. Despite this, 81% of migrants of state that the fact that they are able to send money to their friends or family gives their life a sense of purpose and almost three-quarters (73%) of migrants say that without having moved to Australia they may not have been able to support their friends or family financially at all. For more information and to read the full report please visit: https://www.westernunion.com/blog/en/au/value-of-remittance-australia/ Note to editors: If you choose to run this story, please provide a link back to the Western Union page: https://www.westernunion.com/blog/en/au/value-of-remittance-australia/ Methodology Research was conducted by 3Gem on behalf of Western Union in March 2023. The research surveyed 1,500 migrants who regularly send remittance across the following countries: Country N= UK 350 Italy 300 Spain 300 Canada 200 Australia 200 New Zealand 150 Total 1500 The top 10 countries for outward remittances was sourced from: KNOMAD/World Bank Bilateral Remittance Matrix 2021, December 2022: https://www.knomad.org/data/remittances About Western Union The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union's platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and approximately 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world's widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com .
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