Category: Business World

Exclusive Sponsor presentation from Bell at Helicopter Technology CEE

Budapest, Hungary: In the latest helicopter news, Bell Helicopters have revealed that their newest line-up of helicopters would include a split-tip rotor design. Bell justifies this concept by noting the “safety disadvantages of traditional tail rotors and the added weight and complexity of ducted fan designs”* (Source: Flight Global). Furthermore, Bell are also looking to increase rotorcraft performance similar to fixed-wing aircrafts from obtaining split-tip winglets, which will save fuel usage significantly.

With that in mind, the leading and only rotary conference with a regional focus on Central and Eastern Europe, Helicopter Technology CEE conference will return to Budapest, Hungary on the 1st and 2nd September 2020. Bell will be in attendance for the event where delegates will have the chance to hear the latest helicopter programme updates, procurement goals, and technology advancements and more.

There is an early bird discount of £200 for bookings made by 30th June. Register at http://www.futurehelicopter.co.uk/PRcom8.

Bell to provide a technical presentation on Rotary Program Updates

Following the aforementioned helicopter updates, Bell will be providing a technical presentation on rotary wing updates and upgrades available to allied partner nations within the Central and Eastern European region (Presentation details to be confirmed).

Bell were the first to break the sound barrier and to certify a commercial helicopter. As a company, Bell is defining the future of on-demand mobility. A subsidiary of Textron, Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas, as well as commercial helicopters in Mirabel, Quebec, Canada.

2020’s event will also feature presentations from regional nations such as Czech Republic, Hungary, Slovakia, Romania, Germany and Croatia.

Thalassaemia International Federation and Hemanext® Inc. Announce New Strategic Alliance

Lexington, MA: The Thalassaemia International Federation (TIF), a worldwide organization dedicated to ensuring equal access to quality healthcare for every patient with thalassaemia and other hemoglobin disorders across the world, and Hemanext Inc., a privately held medical technology company dedicated to improving patients’ quality of life by delivering a better red blood cell (RBC) replacement therapy, today announced a new strategic alliance on behalf of people living with thalassaemia.

Hemanext and TIF are committed to helping elevate the standard of care for thalassaemia patients worldwide through education and research and development initiatives that will lead to important clinical advances. Through this new partnership, Hemanext will support TIF’s educational and advocacy activities in support of patients, caregivers, healthcare providers and policymakers worldwide.

More than 600,000 people worldwide have one of many types of thalassaemia, all of which are inherited blood disorders that are characterized by decreased production of hemoglobin, the protein found in RBCs that carries oxygen to cells throughout the body. The disease causes the destruction of red blood cells leading to anemia. As such, blood transfusions play a vital role in the treatment and management of thalassaemia and other hemoglobin disorders.

Hemanext is seeking to maximize the therapeutic value of transfusions and reduce financial burdens to health systems with its novel RBC replacement technology. Hemanext is developing a new hypoxic storage method, which the company and many researchers and clinicians believe might improve the quality of life for patients that require chronic and high-volume transfusions, including people with thalassaemia and other hemoglobin disorders. Optimizing transfusions is critically important at this time, as societies around the world attempt to preserve and expand the blood supply.

“Many efforts are being made to ensure the continuation of blood donations to avoid shortages, as very sadly this pandemic is keeping people from donating blood,” said Dr. Androulla Eleftheriou, TIF’s executive director. “We will be actively supporting the World Health Organization (WHO) World Blood Donor Day on June 14th. And TIF’s theme for 2020 is The dawning of a new era for thalassaemia: Time for a global effort to make novel therapies accessible and affordable to patients. TIF is pleased that Hemanext shares our goal to develop new treatments for hemoglobin disorders. We welcome Hemanext into our network of industry partners.”

“The fragility and inconsistency of the blood supply continues to be a concern. During this time, transfusion medicine continues to encourage blood donations and is committed to using blood in the safest and most efficacious way. However, new innovations are needed for the transfusion community,” said Hemanext President and CEO Martin Cannon. “Working with researchers in the U.S. and Europe, we are developing a technology that we think will deliver a higher-quality, more uniform red blood cell. We applaud TIF for its support of treatments in every country impacted by thalassaemia and other hemoglobin disorders.”

In many countries, medical complications and financial burdens pose significant concerns to thalassaemia patients, their families and national health systems. TIF is working with organizations around the world that share the Foundation’s dedication to seeking solutions to these challenges.

“Transfusion physicians worldwide and patients with hemoglobinopathies they serve would benefit from RBCs that are more durable than currently available cells,” said Dr. Michael Angastiniotis, a paediatrician and former Head of the Cyprus Thalassaemia Centre, and currently TIF’s Medical Advisor. “Based on preclinical data published by Hemanext and other researchers, hypoxic storage of RBCs may help advance transfusion medicine by reducing the amount and frequency of RBC units need to achieve desired therapeutic outcomes, thereby reducing patients’ risk of the dangerous condition of iron overload.”

Alex Marichal, VP of Marketing for Hemanext, added, “During the COVID-19 crisis, patients with thalassaemia and other hemoglobin disorders are even more vulnerable than they were before the pandemic spread around the world. We want to do our part to help them, and we appreciate the opportunity to work with TIF in support of the patients served by the Federation’s member organizations.”

Global 3D Printing Industry Revenue to Surge 155% by 2024

Constantly evolving value chains, market innovations, and cutting-edge technology developments are pushing 3D printing into the mainstream market. This type of production has surged in recent years and a growing number of businesses use 3D printing solutions, allowing them speed and flexibility while reducing costs.

The global 3D printing industry revenue is expected to continue its surge 155% hitting $40.8bn in value by 2024, according to data gathered by LearnBonds.

Prototype and Proof of Concept Main Reasons for Using 3D Printers

3D printing enables the production of complex shapes using less material than traditional manufacturing methods, which is why it is widely used for small production runs, prototyping, small business, and educational use.

In 2020, the global 3D printing industry is expected to be worth $16bn, revealed Wohlers Associates Annual Report on the State of 3D Printing. In the next two years, the market revenue is forecast to touch $25.5bn. Statistics indicate the strong upward trend is set to continue in the following years, with the market revenue growing by a compound annual growth rate of 26.4% between 2020 and 2024.

The State of 3D Printing Report by Sculpteo also revealed that in 2020, the most popular use case of 3D printing was prototyping among 68% of those asked, a 34% rise compared to 2017 figures. Another 59% of companies and businesses used the technology for proof of concept purposes, 36% more than three years ago.

Statistics show that 49% of companies used 3D printing in production, a 27% rise on 2017. Research & education and creation of mechanical & spare parts follow with 42% and 40% of respondents, respectively.

The survey also showed that 41% of those asked said that speeding up product development is one of the main reasons they use 3D. Offering customized products and limited series ranked as the second most-important reason for using the process. Increasing production flexibility was third among 12% of respondents.

HP, General Electric, and Seiko Epson Lead in 3D Printing Patents

Looking at the number of 3D printing patents over the last decade, HP is the global leader in this field. The US multinational information technology company publicly traded on the New York Stock Exchange (NYSE: HPQ) set up its 3D printing unit in 2014. Today, it has a total of 454 published patents for 3D printing.

US conglomerate General Electric (NYSE: GE) ranks second, with a total of 408 3D printing patents in the last decade. In 2018, the US multinational filed a patent to use Blockchain technology to validate and verify 3D printed parts in its supply chain. This technology makes it possible to store and transmit information in a transparent, secure, and functional way without a central control body.

Statistics show that Japan’s Seiko Epson and Germany’s Siemens follow filing 251 and 231 3D printing patents in the last decade, respectively.