Thursday, September 10, 2026

PPAI Releases Landmark Study Showing Branded Merchandise Supports a $472 Billion Global Economic Footprint

 IRVING, Texas - Thursday, 10. September 2026 AETOSWire Print 


First-of-its-kind Oxford Economics study reveals annual spending, jobs and tax contributions


 


(BUSINESS WIRE)--Branded merchandise connects brands and people every day, but its impact extends well beyond the products consumers wear, use, receive or purchase. A landmark study commissioned by Promotional Products Association International (PPAI) provides the first comprehensive look at the global economic ecosystem behind branded merchandise.


Conducted by independent global advisory firm Oxford Economics, the Branded Merchandise Global Market Report measures the industry end to end, from manufacturing and decoration to distribution, retail, e-commerce, fulfillment, marketing and brand activation.


Key findings:


$338.3 billion was spent on branded merchandise globally in 2025.

The industry supported $472.3 billion in global GDP.

Branded merchandise supported 11.9 million jobs worldwide.

The sector supported $141.3 billion in global tax revenues – roughly the same as the entire Swiss federal budget.

“For years, we’ve known branded merchandise has an extraordinary ability to connect brands with people,” said Drew Holmgreen, president and CEO of PPAI. “Behind every branded item is a global network of businesses creating jobs, economic activity and value around the world.”


Measuring the Ripple Effect


A distinguishing feature of the report is its examination of the industry through three channels of economic impact (direct, indirect and induced), demonstrating how activity generated by branded merchandise extends well beyond the businesses that directly create and sell the products.


Combined, these channels produced a global GDP multiplier of 2.95, meaning that for every $1 million in GDP generated directly by the industry, an additional $1.95 million was supported elsewhere in the global economy. The findings also broaden the definition of branded merchandise beyond traditional promotional products. The study includes licensed merchandise, apparel and workwear, retail-branded goods, creator merchandise, print-on-demand and e-commerce products, recognition gifts and merchandise used in marketing, events and brand activations. What unites them is their role as tangible expressions of a brand.


About Oxford Economics


Oxford Economics is a key adviser to corporate, financial, and government decision-makers and thought leaders. Its worldwide client base now comprises over 3,000 international organizations.


About PPAI


Promotional Products Association International (PPAI) is the world’s largest and longest-running not-for-profit branded merchandise association with a 123-year history of serving a community that has grown to some 15,000 corporate members. For more information, visit PPAI.org.


 


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Contacts

Mary Prevost

mary@prevostpartners.com

612.202.3047

GasEntec Announces New Ownership Structure, Accelerating Next Phase of Global Growth

 SAN FRANCISCO - Thursday, 10. September 2026 AETOSWire  



Independent LNG infrastructure and technology company expands investment in proprietary technology, modular solutions and global project development.


(BUSINESS WIRE) -- GasEntec Holdings Inc., a global LNG technology and assets company, today announced a new ownership structure designed to accelerate GasEntec’s next phase of growth and expand the commercialization of its proprietary LNG technologies and solutions.


A consortium led by the Groupe Mimran has acquired a majority stake in GasEntec Holdings Inc., the US holding company, supporting GasEntec’s global growth. Under the new structure, GasEntec Holdings is the parent company of GasEntec’s South Korean operating business. Prior shareholders have exited in full. GasEntec’s customer relationships, contracts, engineering organization and ongoing global operations remain unchanged.


GasEntec will continue to operate independently, with its technology development, engineering and operations centered in South Korea and an expanding commercial presence across global markets.


The new structure provides GasEntec with additional capital and strategic resources to build on its history of LNG innovation and project execution. GasEntec is expanding its technology portfolio, accelerating the commercialization of proprietary solutions and pursuing new infrastructure opportunities across the global LNG value chain.


Founded in South Korea in 2013, GasEntec has built a differentiated LNG technology and infrastructure platform spanning regasification, floating and onshore terminals, gas handling, cryogenic systems, and LNG logistics. Its proprietary modular technologies and end-to-end capabilities enable critical LNG infrastructure to be deployed faster, more flexibly and at scale. Building on a proven track record across geographies and asset types, GasEntec is accelerating investment in technology development and expanding into adjacent opportunities.


Arieh Mimran, Chief Investment Officer of the Groupe Mimran, serves as Chairman of GasEntec Holdings.


“This marks an important new chapter for GasEntec,” said Arieh Mimran. “GasEntec has built an exceptional foundation of LNG technology, engineering expertise and real-world project execution. The investment aims to provide the long-term capital and strategic support to help the company scale those capabilities globally. The market increasingly needs energy infrastructure that can be delivered quickly, deployed flexibly and expanded as demand grows—and that is precisely where GasEntec excels.”


GasEntec enters this next phase as an independent, well-capitalized global LNG technology and infrastructure company, focused on scaling its proprietary technologies, expanding its project portfolio and addressing growing demand for faster, more flexible energy infrastructure worldwide.


About GasEntec


GasEntec is an energy technology platform delivering fast, modular LNG infrastructure essential to meet accelerating global demand for digital infrastructure, AI expansion, flexible baseload fuels, and sovereign energy security.


Its dual-business model combines a technology business built on credentialed modular LNG intellectual property with a scalable asset platform that sells, leases, or charters integrated LNG solutions.


GasEntec’s modular floating and onshore LNG systems enable rapid, scalable deployment of downstream LNG infrastructure, providing clients with integrated solutions to distribute LNG to and within critical markets.


Founded in 2013 in South Korea, GasEntec has become a key provider of modular LNG infrastructure and equipment supporting global LNG logistics and regasification.


About Groupe Mimran


Groupe Mimran is a global, family-owned industrial conglomerate and investment office founded in 1946 by Jacques Mimran. The family builds, operates, and transforms businesses across essential industries and high-barrier markets, with a core focus on energy independence, food security, logistics, and infrastructure. Spanning owner-operated enterprises, strategic buyouts, and turnarounds, Groupe Mimran’s legacy includes leading investments across agriculture, banking, commodities, hospitality, and natural resources.


The Mimran investment office oversees allocations across a global portfolio of operating companies and diversified financial portfolios. Historical and active portfolio assets include The Alpina Gstaad, CBAO, Compagnie Sucrière Sénégalaise, Endeavour Mining, Les Grandes Moulins D’Abidjan, Les Grandes Moulins De Dakar, Lamborghini, Olida, and Teranga Gold Corporation.


Groupe Mimran is led by Jean Claude Mimran alongside his sons, Arieh Mimran, who serves as Chief Investment Officer, and Nachson Mimran, who serves as Co-Chairman.


 


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Contacts

Steve Olson

Chief Marketing Officer

steveo@gasentec.com

+1 (770) 710-4768


Montieth & Company

gasentec@montiethco.com

NIQ’s Optiq™ Goes Live in Discover, Expanding Access to Trusted Consumer Intelligence

 Global beta rollout of NIQ’s Optiq Chat later this month will give more clients conversational access to explainable answers grounded in NIQ data and expertise


 

(BUSINESS WIRE)--NielsenIQ (NIQ), a leading consumer intelligence company, today announced that Optiq is now live within Discover, NIQ’s platform for accessing, analyzing and applying consumer and market intelligence, advancing the company’s strategy to make trusted consumer intelligence easier to access and apply.

Where Ask Arthur introduced new ways to explore and analyze NIQ data through AI within Discover, Optiq expands that experience across conversational AI, mobile access and enterprise AI integrations, giving clients greater flexibility to access and apply NIQ intelligence across the applications and workflows where they make decisions.

“AI models are becoming ubiquitous. Trusted intelligence is not,” said Irina Stoian, Chief AI Commercial Officer at NIQ. “That is why we are building the full system. Think of it like a body: harmonized NIQ data acts as the nervous system, delivering signals about the marketplace to decisioning agents that act as the brain, helping clients evaluate relevant information as they consider potential next steps. From there, we are building the hands: the connections that can bring approved recommendations into the systems where action happens. This is not AI layered onto another dashboard. It is a new intelligence system designed to move at the speed of commerce.”

One AI experience, designed around how clients work

Optiq is designed around the different ways clients access and apply intelligence, bringing NIQ data and expertise into the applications, AI environments and moments where decisions happen.

Optiq Chat is now live within Discover for eligible US clients, with the tool rolling out across the globe in the coming weeks, providing a conversational way to interact with NIQ data, enabling users to begin with a business question and explore explainable answers through natural language.
Optiq Mobile extends the experience beyond the desktop, helping users access NIQ intelligence wherever decisions are made.
Optiq Bridge is designed to bring NIQ data and business context into external AI environments, allowing users to work with NIQ intelligence within the AI tools and workflows they already use.
As powerful AI models become increasingly accessible, the quality of the intelligence behind them becomes a critical differentiator.

Optiq brings conversational AI to The Full View™, combining NIQ’s differentiated data, harmonization, commercial definitions and analytical expertise to help clients explore business questions in context and put the answers to work.

NIQ’s broader AI foundation manages more than 160 petabytes of commercial data and supports 28,000 AI models running production daily, providing the scale and domain expertise required to power trusted commercial decisions.

“Optiq is about fundamentally changing how people interact with NIQ intelligence,” said Troy Treangen, Chief AI & Product Officer at NIQ. “By combining conversational access with NIQ’s harmonized data and business context, we are moving more of the complexity behind the scenes. Clients can start with a business question, understand the basis for that answer and move more quickly toward action.”

Optiq Chat expands globally later this month

As part of the next phase of the rollout, Optiq Chat will expand to clients for a limited beta release globally later in September, with all eligible NIQ Discover clients expected to have access by the end of the month.

Clients can use natural language to explore questions across business areas such as category and brand performance, competitive dynamics, pricing and promotions. They can then investigate results with follow-up questions as new areas of inquiry emerge.

The experience is designed to reduce the complexity between a business question and the data required to answer it, helping users move more quickly from question to insight to action.

The rollout builds on NIQ’s broader AI strategy across applications, infrastructure and workflows, including the ConnectAI Charter Program, new enterprise AI integrations and the development of agentic commerce measurement. Together, these initiatives are expanding how NIQ’s proprietary data and expertise can be accessed, embedded and applied across client organizations.

For more information, visit the Optiq website.

FAQs

What is Optiq?

Optiq is NIQ's AI experience, designed to bring trusted intelligence directly into the workflows, applications and AI environments where clients work.

Optiq helps clients access and interact with NIQ intelligence more easily, helping them move faster from question to insight to action.

What is Optiq Chat?

Optiq Chat provides a conversational way to interact with NIQ data. Clients can ask business questions in natural language and receive trusted, explainable answers grounded in NIQ data.

It is designed to make insights simpler to access and apply, reducing the need to navigate complex reports, data selections or predefined workflows.

Is Optiq replacing Ask Arthur?

Optiq is the evolution of Ask Arthur.

It builds on the capabilities introduced through Ask Arthur and brings NIQ's evolving AI experience together under the Optiq identity.

As of September 7, Optiq is live throughout Discover, replacing the remaining Ask Arthur branding.

Is Optiq just a new name for Ask Arthur?

No. Ask Arthur has been evolving into Optiq over time as NIQ expands its AI-powered capabilities and experiences.

Optiq builds on the capabilities introduced through Ask Arthur and is expanding across conversational AI, mobile experiences, enterprise integrations and additional AI-powered capabilities.

Where can clients access Optiq?

Optiq is available within NIQ Discover for eligible clients, where Optiq Chat provides conversational access to trusted NIQ intelligence.

NIQ is also expanding the NIQ Optiq experience beyond Discover through mobile experiences via the App Store by Apple and integrations with external AI environments.

When will Optiq Chat be available to clients globally?

Optiq Chat access is expanding globally throughout September, with broader client availability across RMS datasets planned for September 21.

What can clients use Optiq Chat for?

Clients can use Optiq Chat to explore business questions across areas such as category and brand performance, competitive dynamics, pricing, promotions and retailer performance.

Users can continue the conversation with follow-up questions, allowing them to explore a business problem naturally as new questions emerge.

How is Optiq different from general-purpose AI tools?

Optiq is purpose-built around the commercial questions and workflows brands and retailers need to navigate.

Its differentiation comes from the trusted NIQ intelligence behind the experience, combining NIQ data, business context and analytical expertise with an intuitive AI-powered interface.

Why is trusted intelligence important for AI?

As powerful AI models become increasingly accessible, the quality of the intelligence behind them becomes increasingly important.

Trusted data, business context and industry expertise help AI provide answers that are relevant to real commercial questions and that businesses can use with greater confidence.

What is Optiq Mobile?

Optiq Mobile extends the Optiq experience beyond the desktop, giving users another way to access trusted NIQ intelligence wherever they work.

Optiq Mobile is currently available on iOS in the US, with additional expansion planned.

What is NIQ Optiq Bridge?

Optiq Bridge is designed to bring trusted NIQ intelligence into external AI environments, including direct connections with industry leading LLMs, enabling users to access NIQ intelligence within the AI tools and workflows where they already work.

It represents another way Optiq is expanding access to trusted intelligence beyond traditional NIQ applications.

How does Optiq fit into NIQ's broader AI strategy?

Optiq is one way NIQ is turning its intelligence advantage into AI-powered experiences for clients.

NIQ's broader strategy is focused on making trusted intelligence available wherever clients make decisions, whether through NIQ applications, clients' own AI environments or integrations with external platforms and workflows.

What's next for Optiq?

Optiq will continue to evolve across conversational experiences, mobile access, enterprise integrations and additional AI-powered capabilities.

The ambition is to make trusted NIQ intelligence increasingly accessible wherever and however clients work.

Forward-Looking Statements

This press release contains “forward-looking statements,” including statements regarding the planned timing, scope and availability of the Optiq Chat global beta; the anticipated development, expansion, integration, capabilities and availability of Optiq, Optiq Mobile and Optiq Bridge; the expected benefits and uses of these products; NIQ’s planned enterprise AI integrations; and NIQ’s broader AI strategy, including the development of agentic commerce measurement. Forward-looking statements generally may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “designed,” “expect,” “intend,” “may,” “plan,” “potential,” “should,” “will,” and similar expressions.

These statements are based on NIQ’s current expectations and assumptions and are not guarantees of future performance or results. Actual timing, availability, capabilities, adoption and benefits may differ materially due to risks and uncertainties, including product-development or deployment delays; design defects, errors or limitations; the performance and reliability of AI-generated outputs; client adoption and availability of applicable datasets; reliance on third-party technology and service providers; data quality, privacy, cybersecurity and intellectual-property risks; evolving laws and regulations concerning artificial intelligence and data use; competitive developments; and other risks described under “Risk Factors” in NIQ’s most recent Annual Report on Form 10-K and in NIQ’s other filings with the Securities and Exchange Commission. Readers should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. NIQ undertakes no obligation to update or revise these statements, except as required by applicable law.

© 2026 Nielsen Consumer LLC. All Rights Reserved.

NIQ-GENERAL

 

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Media contact:
Julia Mayer, julia.mayer@nielseniq.com

New ABB and BCG Report Highlights Growing Role of Direct Current Technologies in Future Power Systems

 Rapid expansion of AI computing, increasing electrification and rise of renewable energy are driving renewed interest in DC technology as part of future electrical systems

Both AC and DC systems have strategically important roles in meeting future electricity demand

Establishing common standards and developing DC-specific skills can help accelerate deployment

 


(BUSINESS WIRE)--ABB today published a new report, The Strategic Case for Hybrid AC/DC Power: Shaping the Transition to the Next Electrical Architecture, developed in collaboration with Boston Consulting Group (BCG). The report makes the case that direct current (DC) technology is moving from the periphery to the center of industrial, commercial, and digital infrastructure – and that the decisions made by business leaders and policymakers in the next two to three years will determine who shapes that transition and who inherits it.


The future of power distribution is not an either-or choice between alternating current (AC) and direct current, but a hybrid system that combines the strengths of both technologies. While AC will remain the backbone of most transmission and regional distribution networks, DC is expected to play an increasingly important role within facilities where many major energy sources and loads already operate natively on direct current. The fastest-growing technologies, including solar photovoltaic systems, batteries, electric vehicles, AI data centers and many industrial automation systems, are inherently DC-based. As these technologies scale, reducing the number of power conversion steps between generation, storage and consumption can improve efficiency, increase the usable capacity of an existing grid connection and simplify integration.


The report identifies AI data centers as one of the most immediate drivers of DC adoption. As AI workloads continue to increase power density requirements, conventional electrical architectures are reaching practical limits. The report finds that 800 VDC distribution is emerging as the defining architecture for next-generation AI infrastructure, enabling operators to maximize compute capacity within constrained grid connections while improving energy efficiency.


At the same time, the shift is also relevant for a range of other key industries with the research highlighting several opportunities beyond data centers. Automation-intensive manufacturing facilities, commercial buildings and, over the longer term, buildings can also benefit from DC systems or subsystems through lower conversion losses, more effective integration of onsite renewables and storage, and enhanced operational flexibility.


"In a world that will require more power while operating within the constraints of existing infrastructure, enabling broader adoption of DC systems will require stronger collaboration among business leaders, policymakers and technology stakeholders, as well as greater attention to the role DC can play,” said Morten Wierod, Chief Executive Officer of ABB. "For more than 25 years, ABB’s DC solutions have helped customers reduce conversion losses, improve power transfer efficiency and lower electricity demand. To enable broader adoption where the business case is strongest, we need common technologies, harmonized standards, and the workforce capabilities to support implementation at scale. AC and DC each have important roles to play, and together they can help build a more efficient, resilient and future-ready electrical system."


As part of the report, ABB and BCG address several long-standing misconceptions that have slowed DC adoption concluding that concerns around scale, safety and economics increasingly reflect outdated assumptions rather than the capabilities of today's technologies. Instead, fragmented standards and a shortage of DC-specific skills are seen as the primary challenges that need to be addressed urgently to accelerate deployment.


ABB was the first company to demonstrate the energy-saving potential of DC in vessels with a DC-based onboard power system that achieved fuel savings of up to 27 percent and launched the industry’s first solid state circuit breaker in 2022. With more than 700 DC-related patents, ABB is now bringing DC distribution to a much broader range of applications, including electric transport, microgrids and data centers. It is also working with industry partners to explore how DC distribution can support low-carbon aluminum production and the production of green hydrogen.


The full report is available at:

https://www.abb.com/global/en/company/innovation/hybrid-ac-dc-power


ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com


 


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For more information please contact:


Media Relations

Phone: +41 43 317 71 11

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Investor Relations

Phone: +41 43 317 71 11

Email: investor.relations@ch.abb.com


ABB Ltd

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8050 Zurich

Switzerland

New England Journal of Medicine Publishes Data from Phase 3 Studies Demonstrating Oveporexton (ORZEYFUL) Improved the Full Range of Narcolepsy Type 1 Symptoms and Quality of Life


 OSAKA, Japan & CAMBRIDGE, Mass. - 

Data Demonstrated Significant and Clinically Meaningful Improvements with the Potential to Redefine Narcolepsy Type 1 (NT1) Care Beyond Individual Symptoms

Oveporexton was Generally Well-Tolerated with Safety Profile Consistent with Previous Clinical Studies

Oveporexton is the First and Only Approved Orexin Agonist Designed to Treat the Underlying Cause of NT1 and is Now Approved in the U.S., China and Japan, with Additional Regulatory Submissions Underway

 


(BUSINESS WIRE) -- Takeda (TSE:4502/NYSE:TAK) announced that the New England Journal of Medicine published results from two Phase 3 studies evaluating oveporexton (ORZEYFUL), an oral orexin receptor 2 (OX2R) agonist, in people with narcolepsy type 1 (NT1).1 Oveporexton is the first and only medicine to treat the underlying cause of NT1.


"People living with narcolepsy type 1 face persistent symptoms across the day and night, which can impact many aspects of daily life,” said Emmanuel Mignot, M.D., Ph.D., principal investigator for the FirstLight (TAK-861-3001) Phase 3 study. “The newly published Phase 3 data reinforce the potential of oveporexton to transform how we approach narcolepsy type 1 in clinical practice, shifting from managing individual symptoms to treating the disease itself.”


NT1 is a chronic, rare neurological disease driven by orexin deficiency. As a result, people experience a range of daytime and nighttime symptoms including excessive daytime sleepiness, cataplexy (sudden loss of muscle tone), disrupted nighttime sleep, sleep paralysis, hallucinations and cognitive symptoms. The persistent, 24 hour-nature of the disease can severely impact many aspects of a person’s life, including work, education and social interactions.


“Leveraging the extensive research we conducted on the impact of narcolepsy type 1, we designed our comprehensive Phase 3 program to reflect the complexity of the disease and the experiences of those living with it,” said Sarah Sheikh, M.Sc., B.M., B.Ch., MRCP, Head, Neuroscience Therapeutic Area Unit and Global Development at Takeda. “The magnitude of effect seen across the full range of symptoms evaluated reinforces the potential of oveporexton to redefine how people feel on treatment. We are grateful to the patients, caregivers and healthcare providers who have participated in our studies and are thrilled to bring the first orexin agonist to the community.”


FirstLight and Radiant Light Phase 3 Study Designs


The FirstLight (TAK-861-3001) study enrolled 168 participants randomized to one of three dosing arms (twice-daily 2mg, twice-daily 1mg and placebo). The RadiantLight (TAK-861-3002) study enrolled 105 participants randomized to two dosing arms (twice-daily 2mg and placebo). The 14 primary and secondary endpoints from the studies assessed the effect of oveporexton on the broad disease impact compared to placebo over 12 weeks. More than 95 percent of the participants who completed the studies enrolled in the ongoing long-term extension (LTE) study.


The data published in the New England Journal of Medicine included primary and key secondary efficacy results along with the safety and tolerability of oveporexton. Results from additional secondary and exploratory endpoints assessing quality of life measures and disease severity were also published.


Efficacy Results:


The two Phase 3 studies demonstrated consistent, clinically meaningful and statistically significant improvements compared to placebo in wakefulness, sleepiness, cataplexy, disease severity and quality of life measures (p-values of <0.001) across doses over 12 weeks. These improvements were observed at the earliest assessed timepoint for each measure and were sustained throughout the duration of the studies.


The median percent reductions in weekly cataplexy rate ranged from 79.0% to 88.8% with oveporexton versus 27.7% to 39.1% with placebo at week 12.


Oveporexton improved disease severity across all domains of the narcolepsy severity scale (NSS-CT) including EDS, cataplexy, hypnagogic hallucinations and sleep paralysis across both doses, and in the disrupted nighttime sleep domain with oveporexton 2mg. More than 70% of treated participants reported the lowest severity level on the NSS-CT (mild; score 0-14) across doses.


Nearly all treated participants (97%) reported improvements in overall narcolepsy symptoms as assessed by the self-rated Patient Global Impression of Change (PGI-C) scale.


All dose groups achieved normative thresholds for wakefulness on the Maintenance of Wakefulness Test (MWT) (≥20 minutes) and Epworth Sleepiness Scale (ESS) (score of ≤10). Most participants reached or exceeded normal thresholds for quality of life outcomes as measured by the 36-Item Short Form Survey (SF-36; secondary endpoint) and EuroQol-5 Dimensions 5-Levels (EQ-5D-5L; exploratory endpoint).2.3


Safety Results:


Consistent across clinical studies to date, the most commonly reported treatment-emergent adverse events (TEAEs) across both studies were transient insomnia, urinary urgency, urinary frequency and excessive saliva.


Most TEAEs were mild to moderate in intensity, started within two days of treatment and did not require medical intervention.


Most insomnia events resolved within one week and did not impair or impact daytime functioning, unlike traditional insomnia symptoms. Approximately half of urinary events resolved by week 12 and unresolved events were all mild or moderate in severity.


Oveporexton is the first and only orexin agonist approved in the United States, Japan and China to treat the disease holistically rather than individual symptoms. With additional regulatory submissions underway, Takeda continues to work with health authorities to bring oveporexton to more people living with NT1.


About Oveporexton (ORZEYFUL)


Oveporexton is an oral orexin receptor 2 (OX2R) agonist, which selectively stimulates the OX2R to restore signaling and address the underlying orexin deficiency associated with narcolepsy type 1 (NT1). By activating OX2Rs, oveporexton promotes wakefulness and reduces abnormal rapid eye movement (REM)-sleep like phenomena, including cataplexy (sudden and temporary loss of muscle tone), to address a range of daytime and nighttime symptoms as evaluated in clinical studies and consistent with the approved label.


INDICATION


ORZEYFUL is indicated for the treatment of narcolepsy type 1 (narcolepsy with cataplexy) in adult patients.


IMPORTANT SAFETY INFORMATION


CONTRAINDICATIONS


ORZEYFUL is contraindicated in patients taking strong CYP3A inhibitors.


WARNINGS AND PRECAUTIONS


Insomnia: In pooled phase 3 studies in patients with NT1, 60%, 55%, and 1% of patients in the ORZEYFUL 2 mg twice daily, ORZEYFUL 1 mg twice daily, and placebo groups, respectively, developed insomnia. Prior to ORZEYFUL treatment initiation, inform patients about the risk of insomnia at initiation of treatment. If insomnia persists beyond 7 days and significantly impacts daytime functioning or quality of life, consider ORZEYFUL dosage reduction or discontinuation.


Urinary Frequency and Urgency: ORZEYFUL may cause or worsen urinary frequency and urgency. In pooled phase 3 studies in patients with NT1:


58%, 53%, and 5% of patients in the ORZEYFUL 2 mg twice daily, ORZEYFUL 1 mg twice daily, and placebo groups, respectively, developed urinary frequency.


16%, 15%, and 1% of patients in the ORZEYFUL 2 mg twice daily, ORZEYFUL 1 mg twice daily, and placebo groups, respectively, developed urinary urgency.


These lower urinary tract symptoms are consistent with ORZEYFUL’s mechanism of action through agonism of the orexin receptor 2 (OX2R) on central micturition pathways. Prior to initiation of ORZEYFUL treatment, inform patients about the risk of urinary frequency and urgency and screen for lower urinary tract symptoms. Monitor ORZEYFUL-treated patients with a history of overactive bladder for worsening urinary tract symptoms.


Creatine Phosphokinase Elevations: In pooled phase 3 studies in patients with NT1, asymptomatic creatine phosphokinase elevations >5x ULN were observed in 11% (21/196) of ORZEYFUL-treated patients and 5% (4/76) of placebo treated patients. Two of these cases were characterized by markedly elevated CPK and transaminase levels; both patients discontinued treatment. None of the cases were associated with myoglobinuria or renal impairment. Advise patients to report unexplained muscle pain, weakness, or dark urine, particularly when engaging in vigorous physical activity or taking concomitant drugs associated with myotoxicity.


ADVERSE REACTIONS


The most common adverse reactions (incidence ≥5% and greater than placebo) reported in phase 3 studies with ORZEYFUL were insomnia, pollakiuria, micturition urgency, and salivary hypersecretion.


DRUG INTERACTIONS


Concomitant use with strong or moderate CYP3A inhibitors increases oveporexton exposures, which may increase the risk of ORZEYFUL-associated adverse reactions.


Concomitant use of strong and moderate CYP3A inducers can increase oveporexton metabolism and decrease plasma levels of oveporexton, which may decrease the effectiveness of ORZEYFUL.


USE IN SPECIFIC POPULATIONS


Pregnancy: There is a pregnancy exposure registry that monitors pregnancy outcomes in women who are exposed to ORZEYFUL during pregnancy. Patients should be encouraged to enroll in the ORZEYFUL pregnancy registry if they become pregnant. To enroll or obtain information from the registry, patients can call 1-877-371-0309. Available data from clinical trials with ORZEYFUL use during pregnancy are insufficient to identify a drug-associated risk of major birth defects, miscarriage, or other adverse maternal or fetal outcomes.


Lactation: There are no data available on the presence of oveporexton in human milk, the effects on the breastfed infant, or the effects on milk production. Animal studies indicate that oveporexton was present in the milk of lactating rats. When a drug is present in animal milk, it is likely that the drug will be present in human milk.


Hepatic Impairment: Avoid use of ORZEYFUL in patients with severe hepatic impairment (Child-Pugh C), as it has not been studied in this population.


Renal Impairment: Avoid use of ORZEYFUL in patients with severe renal impairment on dialysis (eGFR <15 mL/minute), as it has not been studied in this population.


DRUG ABUSE AND DEPENDENCE


ORZEYFUL contains oveporexton. Controlled substance schedule to be determined after review by the Drug Enforcement Administration.


ORZEYFUL has potential for abuse and misuse. Carefully evaluate patients for a recent history of drug abuse, especially those with a history of CNS stimulant, and follow such patients closely, observing them for signs of misuse or abuse of ORZEYFUL.


Important Note: Prescribing Information is subject to change pending DEA scheduling and final label publication.


Please click for Full Prescribing Information.


About Takeda’s Orexin Franchise


Takeda is the leader in orexin science with a tailored portfolio of investigational orexin agonists in pre-clinical and clinical stages for multiple-sleep wake disorders and other indications where orexin biology plays a role including respiration, mood and metabolism. Oveporexton is the lead orexin receptor 2 (OX2R) agonist in Takeda’s orexin franchise and has been approved by regulatory bodies in China for the treatment of narcolepsy type 1 (NT1) in adolescents aged 16 and older and adults as well as in the United States and Japan for adults with NT1. The company is also investigating other oral orexin agonists, including TAK-360 for the treatment of NT1, narcolepsy type 2 (NT2) and idiopathic hypersomnia (IH), as well as TAK-495.


About Takeda


Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.


Important Notice


For the purposes of this notice, “press release” means this document, any oral presentation, any question-and-answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.


The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.


Forward-Looking Statements


This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could”, “anticipates”, “estimates”, “projects”, “forecasts”, “outlook” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States and with respect to international trade relations; competitive pressures and developments; changes to applicable laws and regulations, including drug pricing, tax, tariff and other trade-related rules; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic; the success of our environmental sustainability efforts, in enabling us to reduce our greenhouse gas emissions or meet our other environmental goals; the extent to which our efforts to increase efficiency, productivity or cost-savings, such as the integration of digital technologies, including artificial intelligence, in our business or other initiatives to restructure our operations will lead to the expected benefits; and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/sec-filings-and-security-reports/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.


Medical Information


This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.


References


1. Dauvilliers Y, Mignot E, Antczak J, et al. Oveporexton for Narcolepsy Type 1: Results from Two Phase 3 Trials. New England Journal of Medicine 2026.


2. Jiang R, Bas Janssen MF, Pickard AS. US population norms for the EQ-5D-5L and comparison of norms from face-to-face and online samples. Qual Life Res 2021;30:803-16.


3. Maruish, M. E. User's Manual for the SF-36V2 Health Survey 2011. Lincoln, RI. 3rd ed.


 


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Contacts

Investor Relations


Christopher O’Reilly

takeda.ir.contact@takeda.com


Media Relations


Tsuyoshi Tada (Tokyo)

Toiawase_kouhou@takeda.co.jp


Rachel Wallace (Boston)

Media_relations@takeda.com


 

LTM Collaborates with IBM and Red Hat on Lightwell to Advance AI-Driven Open-Source Software Remediation


 MUMBAI, India - 

Strengthens software supply chains by helping enterprises transform vulnerability discovery into scalable remediation outcomes


(BUSINESS WIRE) -- LTM, the Business Creativity partner to the world's largest enterprises, today announced that it has collaborated with IBM and Red Hat on Lightwell to help enterprises safeguard the open-source software supply chain through AI-driven vulnerability remediation.


As AI accelerates the discovery of software vulnerabilities, organizations must move beyond detection-focused approaches and adopt enterprise-scale remediation strategies that enable rapid risk mitigation without disrupting business-critical applications.


Lightwell’s approach of delivering validated fixes for production environments aligns with LTM's aim of helping customers build secure, resilient, and operationally efficient software supply chains. By combining AI-powered remediation capabilities with enterprise-grade validation and deployment support, Lightwell aims to help organizations address security challenges across increasingly complex open-source ecosystems.


Building on its long-standing status as an IBM Platinum Partner, LTM will help enterprises transform AI-driven vulnerability discovery into measurable remediation outcomes by leveraging Lightwell for open-source software dependencies. LTM plans to offer a comprehensive portfolio of services spanning remediation strategy, dependency analysis, risk-based prioritization, remediation program management, DevSecOps integration, testing and validation, and large-scale deployment support.


"As AI accelerates software development and vulnerability discovery, enterprises need a faster and more scalable approach to remediation. Lightwell represents a significant advancement in securing the open-source software supply chain by bringing AI-driven remediation and trusted software maintenance into the enterprise. Through our collaboration with IBM, LTM will help organisations strengthen their cyber resilience at scale," said Chandan Pani, Chief Information Security Officer, LTM.


Organizations across industries increasingly rely on open-source software as a foundation for digital innovation, making effective vulnerability remediation a critical component of cybersecurity and operational resilience. LTM’s expertise in application modernization, cloud, cybersecurity, and DevSecOps positions it to help enterprises integrate remediation strategies into their software engineering and security operations.


"Addressing today's software supply chain challenges requires a collective defense," said Sandip Patel, Managing Director, IBM India and South Asia. “As AI accelerates vulnerability discovery, collaboration across the ecosystem becomes increasingly important. Bringing LTM's engineering and transformation expertise to Lightwell can help enterprises mitigate risk and build more resilient software supply chains."


“AI-driven discovery has pressed the demand for speed and patch delivery far beyond the means of any one single vendor. A challenge of this magnitude requires an expert ecosystem, highlighted by partners like LTM, with the specialized skills and experience to not simply acknowledge a vulnerability, but to help customers of Lightwell via LTM's complementary services to accelerate delivery of Lightwell remediations into the customer's environment quickly to help prevent a zero-day exploit or production downtime,” said Ryan King, Vice President, AI and Infrastructure Partners, Red Hat.


LTM and IBM are committed to helping clients accelerate open-source innovation while reducing the operational burden of managing vulnerabilities across complex open-source environments, enabling organizations to innovate with confidence in an increasingly AI-driven world.


About LTM


LTM — a Larsen & Toubro Group company — is an AI-centric global technology services company and the Business Creativity partner to the world's largest enterprises. We bring human insights and intelligent systems together to help clients create greater value at the intersection of technology and domain expertise. Our capabilities span integrated operations, transformation, and Business AI—enabling new ways of working, new productivity paradigms, and new roads to value. Together with over 87,000 employees across 40 countries and our global network of partners, LTM owns outcomes for clients, helping them not just outperform the market, but Outcreate it. Read more at LTM.com.


About IBM


IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.


 


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Contacts

Media Contact

Gitanjali Sreepal, gitanjali.sreepal@ltm.com, Global Media Relations, LTM


 

Chiesi Group Delivers Solid H1 2026 Performance, Combining Growth, Continued Investment in Innovation and Positive Economic Impact Across Communities


 PARMA, Italy -

HIGHLIGHTS


H1 2026 revenues of €1.89 billion, up +3.6% at CER versus H1 2025, driven by growth in the inhaled triple therapy portfolio and strong momentum in the rare diseases therapeutic area

Continued investment in innovation with €426 million invested in R&D (22.5% of sales)

Completed strategic investment for treatment of hereditary angioedema (HAE) with acquisition of KalVista Pharmaceuticals

EBITDA continues to remain close to 30%, reflecting continued strong profitability and disciplined resource allocation

Recent Economic Footprint study highlights Chiesi's contribution to economic development, supporting 56,488 jobs globally, generating €6.0 billion in GDP impact and €2.0 billion in taxes and public revenues worldwide

 


(BUSINESS WIRE) -- Chiesi Group ("Chiesi"), an international research-focused biopharmaceutical company and certified B Corp, today announced its financial results for the six months ended 30 June 2026 ("H1 2026").


Performance across therapeutic areas and regions

Chiesi reported revenues of €1.89 billion, representing growth of +3.6% at constant exchange rates (CER) compared with H1 2025. These results do not include the impact of the recent acquisition of KalVista Pharmaceuticals.


The Group's growth is supported by continued expansion of its global rare diseases area (+€45m; +9.9% @CER), and sustained performance in neonatology and specialty care therapeutic areas (+6.5% @CER). The respiratory health area remains broadly stable (-0.8% @CER) fueled by the strong growth in our inhaled triple therapy portfolio.


Driven by the ongoing execution of its international growth strategy, Chiesi continued to expand its presence in key markets, with particularly strong momentum in the United States (+9.6% @CER), while maintaining resilient performance across Europe (+0.9% @CER) and a continuous development of the remaining geographies (+5.5% @CER).


EBITDA margin was 29.4%, reflecting continued strong profitability, disciplined resource allocation and operational focus. The Group also maintained solid cash generation from operations, enabling continued investment in its research pipeline, manufacturing capabilities, and strategic acquisitions.


Continued commitment to innovation

The focus on innovation remains central to Chiesi's strategy. During the first half of 2026, the Group invested €426 million in Research & Development, representing approximately 22.5% of revenues.


Investments were focused on advancing the pipeline across respiratory health, rare diseases and specialty care, while also supporting the development of the Group's Carbon Minimal Inhaler (CMI) platform and strengthening the industrial capabilities required to support its future rollout. This included the strategic partnership with Bespak, aimed at delivering lower carbon inhaled therapies through CMIs at scale, without compromising clinical choice or continuity of care for patients.


During the first half of the year, Chiesi also completed the acquisition of KalVista Pharmaceuticals, a US-based pharmaceutical company with a differentiated oral, on demand treatment for hereditary angioedema (HAE), further strengthening its global rare disease platform and pipeline in areas of high unmet medical need.


Creating positive impact beyond healthcare: Chiesi's Economic Footprint

Chiesi's impact extends well beyond the healthcare solutions it delivers to patients. According to its recent Economic Footprint assessment conducted with PwC Italy (part of an international professional services network), in 2025 the Group generated approximately €6 billion in total GDP worldwide, supported 56,488 jobs, and contributed nearly €2 billion in taxes and public revenues across the countries in which it operates.


As a European-headquartered company with innovation deeply rooted across the region, Chiesi generated €4.1 billion in total GDP across Europe, supported almost 30,000 jobs and contributed approximately €1.4 billion in taxes and public revenues. The study also found that Europe accounted for 78% of Chiesi's global R&D investment and 60% of all suppliers engaged by the Group, highlighting the region's central role in driving innovation, employment and economic growth.


At the same time, Chiesi continues to expand its contribution in key international markets, generating more than €1.1 billion in GDP impact in the U.S. while supporting almost 4,000 jobs in the country. It also contributes €800 million in GDP impact across China, Brazil, Australia, Mexico and rest of the world, and more than 22,000 jobs across these markets.


These findings demonstrate Chiesi's long-standing commitment to strengthening the overall healthcare ecosystem and creating value for patients, healthcare systems, local communities and economies across the world.


Jean Marc Bellemin, CFO and Interim CEO of Chiesi Group, commented:


"Our first-half results for 2026 reflect the resilience of our strategy and the strength of our global footprint. As we continue to deliver a solid performance, we remain focused on innovation, sustainable growth, and creating long-term value for patients, society and the environment. The acquisition of KalVista further strengthens our position in rare diseases and expands our presence in the U.S., while our Economic Footprint study illustrates Chiesi’s broader contribution to the economies and communities in which we operate. We remain focused on combining sustainable growth with continued innovation and long-term value creation for patients and society.”


About Chiesi Group

Chiesi is a research-oriented international biopharmaceutical group that develops and markets innovative therapeutic solutions in respiratory health, rare diseases, and specialty care. The company’s mission is to improve people’s quality of life and act responsibly towards both the community and the environment.


By adopting the legal form of Benefit Corporation in Italy, the US, France and Colombia, Chiesi’s commitment to creating shared value for society as a whole is legally binding and central to company-wide decision-making. As a certified B Corp since 2019, Chiesi is part of a global community of businesses that meet high standards of social and environmental impact. The company aims to reach Net-Zero greenhouse gases (GHG) emissions by 2035.


With 90 years of experience, Chiesi is headquartered in Parma (Italy), with 31 affiliates worldwide, and counts more than 7,500 employees. The Group’s research and development centre in Parma works alongside 6 other important R&D hubs in France, the US, Canada, China, the UK, and Sweden.


For further information please visit www.chiesi.com


 


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Contacts

Press Info:

Anna Bonisoli Alquati, Head of Global External Communications: mediarelations@chiesi.com

Michela Lijoi, Global External Communications Sr. Manager: mobile +39 328.6353044, e-mail: m.lijoi@chiesi.com

Davide Paterlini, Global External Communications Sr. Manager: mobile +39 345.7983132, e-mail: d.paterlini@chiesi.com