Should you join the FIRE movement? Heres what’s involved in the intense saving lifestyle – Business Insider Australia

Thinking of joining the FIRE movement?

FIRE is an acronym for Financial Independence, Retire Early and describes a lifestyle of frugal living, investing and intense saving in order to kick up your heels as early as your 30s or 40s.

According to Investopedia, the idea stemmed from the 1992 book Your Money or Your Life in the US, with the movement also generating a steady following in Australia.

There are websites like Aussie Firebug and FI Explorer where the bloggers detail their journey to financial independence.

Aussie Firebugs definition of Financial Independence is having assets that produce an income which you can live off.

It involves investing, whether thats in low-risk options like index funds or in shares and real estate. And it means growing your assets as early as you can and letting compound interest the 8th wonder of the world as per Albert Einstein work its magic.

Other elements of financial independence include saving around 25 times your annual expenses and only withdrawing small amounts of money around 3% to 4% a year.

The Retire Early aspect doesnt always mean hanging up your work boots altogether by the time youre in your 40s. For the Aussie Firebug, it means youre no longer chained to the rat race and are instead free to pursue what youre truly passionate about regardless of being paid.

One of the key elements of the FIRE lifestyle is to have your money work for you and not the other way around. Its designed to give you the freedom to spend your time and money how you would like to.

While some may see the elements of extreme saving as something that reduces the fun and leisure activities you have, Michelle Ives, founder of the blog That Girl On Fire, believes its about being smart and intentional with your finances.

The ideas in the FIRE movement can help you with budgeting, curbing your spending and getting control of your finances.

While you may develop a system for saving and investing, there could be unexpected expenses you get hit with down the track. Plus, your investments may not give you the best returns.

There are also debts you may have to take care of when going on this journey so its important to have a plan.

If you stop working cold turkey and retire, you may be left with questions around what to do with all the extra time you have. But if you decide to reenter the workforce later down the track, you may have to consider ways to retrain or upskill if needed.

Then theres the element of extreme saving which could affect the kind of life you want to live now. You may have to forgo some of the things you like, whether its a holiday trip or a new pair of shoes, for the kind of life you want in the future.

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Should you join the FIRE movement? Heres what's involved in the intense saving lifestyle - Business Insider Australia

More than a fifth of women have secretly saved money from a partner in case they wanted to separate, says Fidelity International – Wealth Adviser

Over a fifth of women (22 per cent) have a secret savings fund to provide them with financial support should their relationship end or they choose to leave their partner, according to new research from Fidelity International, rising to more than a quarter (27 per cent) of women with children.

Nearly half (48 per cent) of women with a secret fund said they wanted to be prepared for any eventuality, while 44 per cent said they have always had separate savings from their partner and wanted to retain a sense of financial independence.

Data from the Office for National Statistics reveals that while families containing a married or civil partnered couple has decreased over the past 10 years, those choosing to co-habit (live together) has increased from 15.3 per cent to 18.4 per cent - equivalent to 3.5 million families as of 2019. This growing trend highlights the importance for women of feeling financially secure, particularly if they do not have a legal arrangement in place to support them if a relationship ends.Maike Currie, Investment Director at Fidelity International, says: When it comes to managing your money, being financially independent is one of the first steps to feeling financially empowered. Its so important, particularly considering the economic uncertainty we all face, that people have sufficient confidence in their finances to make decisions about all aspects of their lives.Ultimately, everyone should have a fall-back. This doesnt necessarily mean you want to run away from your partner, or that you are being secretive about your money. It does, however, mean you have the savings to make choices, whether thats leaving a failing relationship, resigning from a bad job or toxic company, or even a controlling parent. Its about having the means to make those choices. With more and more couples choosing to live together rather than marrying, ensuring financial independence is even more important to the younger generation.

The growing number of women putting aside money for the future - regardless of their relationship status - shows that taking control of your own money can do more than just allow women to have an income of their own; money can also offer a sense of freedom and provide an opportunity to change your personal circumstances if necessary.The motherhood penalty combined with the gender pay gap and can mean that womens personal finances suffer long into their retirement, compared to their male counterparts, with many facing a massive gender pension gap, as a result. According to research 50 per cent more women than men are heading towards retirement without any private pension savings. But there are steps that women can take to ensure that they are financially empowered - making sure they understand all of their households financial obligations and outgoings; establishing their own savings and investments; and exploring whether there are opportunities to maximise their workplace pension by increasing contributions.

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More than a fifth of women have secretly saved money from a partner in case they wanted to separate, says Fidelity International - Wealth Adviser

Nov 12 | How The Election Results Impact Your Wealth | Danbury, CT Patch – Patch.com

How The Election Results Impact Your Wealth

Live Virtual Event Thursday, Nov 12th 6pm EST

The event is free but registration is required; register now at http://www.RebyAdvisors.com/2020Election

During this lively "Fireside Chat," Bob Reby and Brian Levitt will cover:

Register now at:www.RebyAdvisors.com/2020Election

About Brian Levitt

Brian Levitt is the Global Market Strategist, focusing on North America, for Invesco. He is responsible for the development and communication of the firms investment outlooks and insights. Mr. Levitt has two decades of investment experience in the asset management industry, starting in fixed income product management and then transitioning into the macro and investment strategy group in 2005.

Mr. Levitt earned a BA degree in economics from the University of Michigan and an MBA in finance and international business from Fordham University. He is frequently quoted in the press, including Barrons, Financial Times and The Wall Street Journal. He appears regularly on CNBC, Bloomberg and PBSs Nightly Business Report.

About Bob Reby

Bob founded Reby Advisors in 1985 with the mission of helping families achieve sustainable financial independence. The firm now manages more than half a billion dollars in client wealth and advises more than 500 families nationwide.

He has appeared on variety of media including CNN, CNBC, FOX-TV, Business Week, Fortune, Investors Business Daily, and many others.Bob is the author of Retire Without Worry and Wealth Redefined: Charting the Way to Personal and Financial Freedom.

About Reby Advisors

Reby Advisors is a financial planning firm committed to helping families achieve sustainable financial independence. The firm specializes in protecting money from taxes and risks, generating predictable streams of income for retirement, and developing investment strategies designed to fund clients' lifestyle goals. Founded in 1985, Reby Advisors now manages more than half a billion dollars in assets, advising 500+ families nationwide. Learn more at http://www.RebyAdvisors.com

Those interested in attending the November 12 virtual event can register:www.RebyAdvisors.com/2020Election

__________________________________

Securities offered through Triad Advisors. Member FINRA/SIPC. Advisory services offered through Reby Advisors. Reby Advisors not affiliated with Triad Advisors. Invesco and Triad Advisors are not affiliated. Brian Levitt and Triad Advisors are not affiliated.

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Nov 12 | How The Election Results Impact Your Wealth | Danbury, CT Patch - Patch.com

Foundation 99, Legacy Building through Financial Literacy for the 99% – Yahoo Finance

Foundation 99, Legacy Building through Financial Literacy for the 99%

PR Newswire

AUSTIN, Texas, Oct. 27, 2020

AUSTIN, Texas, Oct. 27, 2020 /PRNewswire/ -- Foundation 99, a new 501(c)3 public charity announces its launch in Austin, Texas. Foundation 99 provides financial guidance to build economic security for the 99% by connecting individuals with financial coaches and tools they need to take care of their families.

Founded in 2019, with a mission to break the multi-generational cycle of poverty and lack of financial education that exists in disadvantaged and racially disparate communities, Foundation 99 focuses on bringing economic justice to help individuals break the spiraling cycle of financial illiteracy and distress.

Foundation 99 is a coaching-centered program that raises funds from donors who value financial wellness. It achieves its mission by partnering with school districts, municipalities, public agencies, and community organizations to deliver to their employees financial coaching and resources at no cost to them. Foundation 99's coaches work with willing employees to teach the value of money, how to stop destructive financial behaviors, and financial basics so they can break the cycle of poverty, close the racial wealth gap and have a chance at the American Dream.

Dr. Tony Smith, Board President, and John Pesce, CEO of Trusted Capital Group, a financial supporter for this vision, strongly believe that financial education is a game-changer. "Financial independence comes from understanding that free enterprise isn't free and knowing how to take action. Foundation 99 works to arm every person with the economic knowledge and support they need to care for themselves, their families, and their communities. Our goal is to achieve economic and racial justice," said Tony Smith.

Individuals can transition from surviving to thriving with access to financial education. "When we thought about how many Americans are financially undereducated due to a lack of access, we decided to fix the problem," stated John Pesce, "Foundation 99 provides a critical need for financial literacy to the 99%, providing resources that are powerful enough to break the cycle of economic inequality. The more individuals we impact the more we will strengthen our communities and start to close this racial divide."

Story continues

For information about Foundation 99 or bringing its financial education program to your organization visit our website: Foundation99.org.

View original content to download multimedia:http://www.prnewswire.com/news-releases/foundation-99-legacy-building-through-financial-literacy-for-the-99-301159475.html

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Foundation 99, Legacy Building through Financial Literacy for the 99% - Yahoo Finance

The National Center for Disability Entrepreneurship at The Viscardi Center Announces its First-Ever PitchFest Competition for Founders with…

ALBERTSON, N.Y., Oct. 28, 2020 /PRNewswire/ -- The Viscardi Center, an internationally renowned, not-for-profit that provides a lifespan of programs and services that educate, employ and empower children and adults with disabilities, will host its first-ever National Center for Disability Entrepreneurship [NCDE] Virtual PitchFest Competition on Thursday, November 19, in observance of National Entrepreneurship Month. This exciting event features NCDE's 12 founders with disabilities from across the country battling it out, in front of a panel of exacting judges, while competing for thousands of dollars in equity-free cash grants and special prizes. The event's Keynote Speaker is Arlan Hamilton, Founder of Backstage Capital.

The NCDE PitchFest Competition is a product of the program's mission to empower innovative self-starters to achieve self-employment success. The NCDE equalizes access to the entrepreneurial landscape for founders with disabilities through its skills building curriculum, subject matter experts, mentorship opportunities, Accelerator Fund and the Competition which elevates awareness of their businesses in front of a live, virtual, interactive audience. The PitchFest takes place via WebEx on Thursday, November 19, 1:15pm-3:15pm, EST.To save your spot and learn more, please visit: https://www.viscardicenter.org/ncde-pitchfest

About The National Center for Disability Entrepreneurship

The National Center for Disability Entrepreneurship (NCDE) at The Viscardi Center empowers innovative self-starters to achieve self-employment success. Developed and led by a highly experienced team of subject matter experts and mentors, NCDE offers aspiring founders with disabilities from across the U.S. a free, virtual, fully accessible program, professional benefits assistance, opportunities to pitch their business, as well as receive equity-free cash grants from the NCDE Accelerator Fund. NCDE also actively seeks out partners to help build the first accessible entrepreneurial ecosystem and elevate entrepreneurship as a strategic pathway to financial independence for the disability community. To learn more, please visit: viscardicenter.org/ncde

About The Viscardi Center

Founded by Dr. Henry Viscardi, Jr., who served as disability advisor to eight U.S. Presidents and became one of the world's leading advocates, The Viscardi Center educates, employs and empowers people with disabilities. It provides Pre-K-12 education, school-to-work youth transition services, vocational training, career counseling and employment placement, and assistive technology to children, adolescents, and adults with a wide variety of disabilities. The Viscardi Center also assists businesses in advancing disability inclusive cultures in their workplaces. To learn more, please visit: viscardicenter.org

SOURCE The Viscardi Center

http://www.viscardicenter.org

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The National Center for Disability Entrepreneurship at The Viscardi Center Announces its First-Ever PitchFest Competition for Founders with...

Meghan Markle, Prince Harry accused of trying to have it both ways – PennLive

The leader of an organization seeking to create a British republic openly chided Prince Harry and Meghan Markle. Graham Smith, CEO of Republic, an organization that seeks to abolish the British monarchy, stated in an interview with Express.co.uk that the Duke and Duchess of Sussex are trying to have their cake and eat it too.

I would not suggest that anybody follows their example because they are trying to have it both ways, stated Smith. They are trying to exploit their status and titles for their own personal gain as far as I can see.

For Smith, Harry and Meghan should either be entirely a part of the royal familymeaning they should perform all the duties and comply by the traditions that come with its statusor completely break from it by dropping all the their royal trappings, titles and financial monopolization of said titles included.

But they are trying to have it both ways, he continued. Part of this deal is cashing in on their statuses and titles. Thats not really appropriate.

After their very public break from the royal family back in January, Harry and Meghans Megexit lifestyle has continued to garner media attention. Despite claiming to want complete financial independence within their new private lifestyle, Harry and Meghan continue to leverage their story and their former royal lifestyle by cashing in on a deal with streaming behemoth, Netflix, for projects that may focus on their story. The couple also allegedly spent $400 an hour recording a podcast at a beach house together.

For their part, Harry and Meghan did return taxpayer money of $3.2 million to refund the cost of their home in England, Frogmore Cottage.

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Meghan Markle, Prince Harry accused of trying to have it both ways - PennLive

IKEA keen to develop shopping centres in India – Mint

NEW DELHI: Swedish furniture retailer IKEA on Thursday said it is interested in developing its Ingka Centers in India as part of its global expansion stargety.

As part of Ingka Centers global expansion strategy we are interested in developing IKEA-anchored meeting places in India but we are not able to provide more details at this point," the company spokesperson said in response to a query from Mint. Ingka Centres is a division of Ingka Group which owns most IKEA stores worldwide.

Ingka Centres owns 45 shopping centres in China, Europe, and Russia and hosts 480 million visitors each year. These are large shopping centres with IKEA stores as anchor stores. Overseas, some of these centres have over 200 shops including large hypermarkets stores such as Carrefour, apart from fashion brands such as H&M and food stores.

On Thursday, Business Standard reported that the company was looking to set up such centres in Delhi-NCR, Bengaluru and Mumbai, citing sources privy to the retailers India expansion plans.

The news comes as IKEA is looking to build its business across multiple formats--opening large and small stores as well as accelerating sales online.

In India, the retailer has one store in Hyderabad. It also opened up online sales in Pune ahead of a store in the city. The retailer is set to open a store in Navi Mumbai; two small format stores in Mumbai will open in 2021.

In an interview with Mint last year, IKEA India chief executive Peter Betzel, had said the company was adopting an omni-channel" approach as it expands in the country.

We need to be much more accessible to many people, which means adopting a true omni-channel approach. This means the big stores and small formats in the big cities of Mumbai, Delhi and Bengaluru and then also having an online approach. This is exactly what we need in India. If we look at how many physical meeting places we will have, may be in 8, 10 or 15 years, it would be much more than 25. Whether it will be 25 big stores, I cannot say today, Betzel said.

Ingka Group, the parent company of IKEA has three business including are IKEA Retail, which operates 367 IKEA stores. Ingka Investments, whose main mission is to protect the financial independence of the group, and Ingka Centres.

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East Cobb resident named to Tommy Nobis Center board of directors – East Cobb News

Submitted information and photo:

TommyNobisCenter,a Marietta-based nonprofit that helps individuals with disabilities enter or return to employment, recently elected Jerry Chang as a new board member.

Chang is senior managing director and partner at Ankura, a management consulting firm with clients in the legal, corporate, government, and nonprofit sectors. Chang has over 25 years of experience specializing in valuation and financial advisory, including mergers and acquisitions, strategic partnerships, strategic planning, and litigation support. He attended Georgia Tech before earning his BBA in finance, with honors, from Georgia State University and his MBA in business and finance from Emory Universitys Goizueta Business School. He holds the Chartered Financial Analyst (CFA) designation and was a member of Leadership Atlantas class of 2020.

I am honored and excited to serve on the Board of Directors ofTommyNobisCenter, says Chang. I am looking forward to helping transform the lives of many people with disabilities.

Chang believes that people with disabilities deserve to be treated with respect and dignity and given the opportunity to work toward financial independence. He supports the inclusion of all people in the workplace.

Jerrys experience and passion will be an incredible asset to our board, says Dave Ward, President and CEO ofTommyNobisCenter. His expertise and servants heart are the perfect combination for helping us achieve our mission and change lives.

Every Sunday we round up the weeks top headlines and preview the upcoming week in the East Cobb News Digest.Click hereto sign up, and youre good to go!

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Opinion: Barbara Brys Wealth Gives Her The Independence to Be a Great Mayor – Times of San Diego

Share This Article:San Diego Councilwoman Barbara Bry gives a prep talk to volunteers before a caravan for her mayoral candidacy. Photo by Chris StoneBy Colleen O'Connor

A recent spate of articles has focused on Barbara Brys wealth, implying it is somehow a disqualifying negative.

Support Times of San Diego's growthwith a small monthly contribution

In fact, it is a tremendous positive. Think FDR, JFK, and other great leaders who defied the entrenched powers that be to get great things done.

Why is Brys wealth an asset? Because she earned it herself and is using it to defy the special interests that have too long dominated San Diego politics.

An MBA from Harvard, a high-tech entrepreneur, and a budgetary wonk, Bry earned her own money as a co-founder of ProFlowers. She possess a rare combination of strengths rare for political office holder.

Because of this, she is genuinely independentbeholden to no one.

She can also read a balance sheet; decipher a budgets hidden flaws and giveaways (remember the Ash Street scandal); comprehend biotech and high-tech innovations; and make the tough decisions in the best interests of the city.

In short, she is exactly what San Diego needs in a post-pandemic, economic recession era.

However, two issues surrounding Brys financial investments have garnered scrutiny, including one involving San Diego Gas & Electric.

She is a proponent of the citys new government-run utility called San Diego Community Power, which is slated to begin purchasing more renewable energy for the city starting next year. At the same time, SDG&Es exclusive contract to distribute power is expiring after 50 years.

Brys financial holdings include Berkshire Hathaway, which has expressed an interest in competing against SDG&E. Some stories hint that this constitutes a conflict.

However, Bry has promised to recuse herself from that final vote, should Berkshire Hathaway finally decide to submit a bid. And thats the right thing to do.

According to the Voice of San Diego, one government ethics expert summed up Brys recusal promise this way: Thats just greatClearly that individual [Bry] is thinking not only about the law, but also about what his or her constituents expectations are, and expectations of fairness in the process.

The second financial tie involves Brys stock ownership in fossil fuel companies, even though she opposes offshore oil drilling. This is hardly, a city-centric conflict of interest.

So, lets look at the real issues and questions separating Bry and Todd Gloria: housing development, vacation rentals, height limits and fairness in local government processes.

San Diego does not need more residential neighborhood infill projects mandated by Sacramento, more Airbnb rentals destroying once tranquil neighborhoods, more dockless scooters, or more cement projects paving over our neglected parks.

The city definitely does not need elimination of the 30-foot height limit anywhere near water, including the Midway District.

As environmentalist Donna Frye has written, The San Diego City Council put this half-baked measure on the ballot with no environmental review and no requirement that any affordable housing be built.

As for fairness in local government, how about that Sports Arena redevelopment that was rushed through with only four bidders. Imagine a billion-dollar plus project with so few bidders. Its another flawed process that Gloria supports and Bry opposes.

For his part, Gloria constantly argues for more development. It is time for us to quit acting like a small town and instead start acting like the eighth-largest city in the country that we are, he says. If we do that, we can dispense with the issues that have been on the table for so long but never seem to get addressed.

What are those issues on the table? The 101 Ash Street scandal? Sacramentos control over local land-use issues? Rushed mega-developments?

Gloria essentially wants an end to all that makes San Diego a desirable and human-scale city. He wants bigger, higher and denser projects that are fast-tracked to groundbreaking.

Bry is self-funding her campaign, in part, to fight these done deals.

Look at her broad support from diverse local activists and environmentalists, including Donna Frye, Richard Ybarra, Father Joe Carroll and Supervisor Dianne Jacob. Not to mention Save San Diego Neighborhoods and numerous local Democratic clubs.

All know that Barbara Bry is the right person at the right time for the right reasons.

Colleen OConnor is a native San Diegan and a retired college professor.

Opinion: Barbara Brys Wealth Gives Her The Independence to Be a Great Mayor was last modified: October 28th, 2020 by Editor

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Independence Realty Trust Announces Third Quarter 2020 Financial Results – Cadillac News

PHILADELPHIA--(BUSINESS WIRE)--Oct 28, 2020--

Independence Realty Trust, Inc. (IRT) (NYSE: IRT), a multifamily apartment REIT, today announced its third quarter 2020 financial results.

Included later in this press release are definitions of NOI, CFFO, Adjusted EBITDA and other Non-GAAP financial measures and reconciliations of such measures to their most comparable financial measures as calculated and presented in accordance with GAAP.

Our quarter and year-to-date 2020 results reflect the continued resiliency of our portfolio and dedication of our team. said Scott Schaeffer, Chairman and CEO of IRT. We increased same store portfolio average occupancy on a quarter-over-quarter and year-over-year basis and delivered NOI growth of 0.5% in the third quarter, collecting 98.9% of rents billed and maintaining a conservative reserve for uncollected rents. We remain confident in our strategy, as we look to close out 2020 with positive momentum heading into 2021.

IRT is committed to managing our business for long-term success, as evidenced by recent advancements in our value add and capital recycling programs. In the third quarter, we progressed with renovations at 17 of our properties and have taken a proactive approach to acquiring and divesting properties which will better position our portfolio. Our actions support continued efforts to increase our return on investment at existing properties, as well as rotate capital out of non-core markets that offer limited growth potential and into core markets that fit our long-term investment criteria. We are also focused on the strength of our balance sheet, having approximately $217 million in total liquidity at quarter-end.

Same Store Property Operating Results

Third Quarter 2020 Compared toThird Quarter 2019 (1)

Nine Months Ended 9/30/20Compared to Nine MonthsEnded 9/30/19 (1)

Rental and other property revenue

3.0% increase

3.0% increase

Property operating expenses

6.8% increase

3.6% increase

Net operating income (NOI)

0.5% increase

2.6% increase

Portfolio average occupancy

40 bps increase to 94.0%

40 bps decrease to 93.3%

Portfolio average rental rate

2.2% increase to $1,106

3.7% increase to $1,101

NOI Margin

150 bps decrease to 58.8%

30 bps decrease to 60.2%

(1)

Same Store Property Operating Results, Excluding Value Add

The same store portfolio results below exclude 16 communities that are both part of the same store portfolio and were actively undergoing Value Add renovations during the three months ended September 30, 2020.

Third Quarter 2020 Compared toThird Quarter 2019 (1)

Nine Months Ended 9/30/20Compared to Nine MonthsEnded 9/30/19 (1)

Rental and other property revenue

1.2% increase

1.9% increase

Property operating expenses

6.2% increase

1.9% increase

Net operating income (NOI)

2.1% decrease

1.9% increase

Portfolio average occupancy

40 bps decrease to 94.6%

50 bps decrease to 94.5%

Portfolio average rental rate

0.8% increase to $1,084

1.9% increase to $1,084

NOI Margin

200 bps decrease to 58.3%

No change 60.5%

(1)

(Dollars in thousands, except per unit data)

Rent collections

3Q 2020

3Q 2019

2Q 2020

Rent collected for the period presented, as apercentage of rent billed

98.8%

99.1%

98.2%

Deferred payment plans: (3)

Number of deferred payment plans originated

3

-

260

Amount of monthly rent deferred for period presented

$55

-

$424

Amount of monthly rent deferred for the periodpresented, as a percentage of rent billed

0.1%

0.0%

0.9%

Combined rent collected and rent subject to deferredpayment plans, as a percentage of rent billed

98.9%

99.1%

99.1%

(1)

(2)

(3)

During the third quarter of 2020 and as a result of the COVID-19 pandemic, we recorded a $80,000 provision for bad debts. The table below presents additional details on the components of bad debt:

Components of Bad Debt(1)

3Q 2020

3Q 2019

2Q 2020

Amount

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Independence Realty Trust Announces Third Quarter 2020 Financial Results - Cadillac News

Indonesian clinic keeps villagers and forests healthy – Thomson Reuters Foundation

By Michael Taylor

Oct 27 (Thomson Reuters Foundation) - Offering affordable healthcare to communities living near forests could help reduce illegal logging and fight global warming, researchers said, as an organisation running such a service in Indonesia won a U.N. climate award on Tuesday.

A new study led by Stanford University analysed the health centre serving 120,000 people, set up by U.S.-based Health In Harmony and a local nonprofit adjacent to Gunung Palung National Park in West Kalimantan on the Indonesian part of Borneo island.

Using satellite images and patient records from 2009-2019, researchers linked the health programme to a 70% fall in deforestation compared with other national parks, equivalent to protecting more than 27 sq km (10 sq miles) of forest.

Study co-author Susanne Sokolow, a scientist at the Stanford Woods Institute for the Environment, said the researchers had observed a strong reduction in the rate of forest loss.

"Importantly, we also found that the more engaged the villagers were in terms of how many times they visited the clinic or participated in conservation programmes ... the more impact we saw," she told the Thomson Reuters Foundation.

The largest drop-offs in logging occurred next to villages that used the clinic the most, the study said.

Globally, about 35% of protected natural areas are traditionally owned, managed, used or occupied by indigenous and local communities, yet they are rarely considered in the design of conservation and climate programmes, according to Stanford.

Seeking solutions, Health In Harmony and its Indonesia-based sister organisation Alam Sehat Lestari (ASRI) first questioned local communities and found that a key reason why they cut down trees was to pay for healthcare.

With this information, they established an affordable clinic in 2007, serving thousands of patients by accepting a range of alternative payments, such as tree seedlings, handicrafts, manure and labour a system created with the communities.

Through agreements made with district leaders, the clinic also provided discounts to villages that could show evidence of reductions in illegal logging.

In addition, it offered training in sustainable, organic agriculture and a chainsaw buy-back scheme.

Health In Harmony was named winner of aU.N. Global Climate Action Award on Tuesday for its work to reverse deforestation, meet the health needs of communities and empower women farmers.

Alongside the Borneo clinic, it runs a kitchen garden programme that has helped about 325 women grow and sell vegetables, as well as providing more than 280 goats to elderly widows to promote their financial independence.

The Stanford study, published in the Proceedings of the National Academy of Sciences, said the 70% fall in deforestation was equivalent to an averted carbon loss estimated to be worth more than $65 million, using European carbon market prices.

The researchers also measured significant falls in infectious and other diseases, such as malaria and tuberculosis.

Monica Nirmala, executive director of the clinic from 2014 to 2018 and a board member of Health In Harmony, said the data in the study supported two important conclusions.

"Human health is integral to the conservation of nature and vice versa, and we need to listen to the guidance of rainforest communities who know best how to live in balance with their forests," she said in a statement.

Stanford researchers are working with the two nonprofits as they look to replicate the approach with other rainforest communities in Indonesia, Madagascar and Brazil.

Read more:

Forests overlooked as allies in global poverty fight, scientists say

Cash payments to cut poverty in Indonesian villages help forests too

Jailing of farmer who cut 20 trees spotlights Indonesia land conflicts

(Reporting by Michael Taylor @MickSTaylor; editing by Megan Rowling. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Visit http://news.trust.org)

Our Standards: The Thomson Reuters Trust Principles.

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Indonesian clinic keeps villagers and forests healthy - Thomson Reuters Foundation

Hubspot Front-End Web Developer job with rewardStyle | 148625 – The Business of Fashion

Title:Hubspot Front-End Web Developer

Role type:Contract-to-Hire

Hours:Full-Time, Flexible Work Schedule Required.

Location:Dallas, Texas (Daily in-office at our HQ located in Uptown Area of Dallas)

Reports to:Head of Marketing Operations

rewardStyle is looking for acontract-to-hire Front-End Web Developerto produce and maintain Hubspot powered web pages, banners, and targeted communications from the rewardStyle + LIKEtoKNOWit websites. The ideal candidate will be experienced in creating SEO-friendly Hubspot pages and WordPress sites. This is an amazing opportunity for a creative, driven developer to execute flawless results that could lead to a potential full-time position with rewardStyle.

Your responsibilities will include:

Successful candidates will have:

Eligible for Remote Work: Yes

Want to see what it is like inside rewardStyle HQ?

https://youtu.be/U39GQ0f7UMI

About Us

Since 2011, rewardStyle has fueled the arrival of a new influence on the retail industry: professional content creators. By providing the innovative technologies, strategic growth consultancy and partnerships necessary to empower a global network of 25,000 premium lifestyle content creators, rewardStyle is making a tangible impact on global e-commerce sales.In 2018, rewardStyle Influencers drove more than $1 billion in online retail sales.

LIKEtoKNOW.it, rewardStyle's consumer-facing shopping platformwhich makes beautiful and original influencer content actionable for millions of consumers worldwide, was launched in 2014. In March 2017, the game-changing LIKEtoKNOW.it app was launched, featuring a proprietary technology that allows consumers to instantly shop their screenshots of influencer-created imagery anywhere they discover it across social media and the mobile web.

Honored as one of the50 Most Innovative Companies in the World by Fast Company,rewardStyle has redirected the lifestyle publishing industry and contributed to the professionalization and financial independence of thousands of influencers worldwide, enabling them to earn meaningful revenue on their digital content and ultimately empowering them to create and grow small businesses into internationally recognized brands.

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Scout Bio Advances Novel Gene Therapy for the Treatment of Feline Diabetes – BioSpace

PHILADELPHIA, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Scout Bio, a biotechnology company focused on revolutionizing pet medicine by delivering a pipeline of one-time therapeutics for major chronic pet health conditions, today announced it has initiated two pilot clinical studies to demonstrate effectiveness of an AAV expressing a GLP-1 analog (SB-009) in treating diabetic felines.

Scout Bio envisions two potential therapeutic applications for SB-009. First, to replace daily insulin injections with a single injection of SB-009 to treat feline diabetes and second to significantly increase the percentage of cats entering remission when SB-009 is given with insulin.

The two initiated pilot clinical studies will investigate each of these two potential treatment paradigms.

Mark Heffernan, Ph.D., Chief Executive Officer of Scout Bio remarked, This one-time injectable therapy for feline diabetes has the potential to provide a convenient single treatment that is an alternative to the burden of twice daily insulin injections. We believe SB-009 has the potential to be a blockbuster product for animal health and that our pipeline of gene therapy products for pets will disrupt and grow major markets.

SB-009 was developed under a collaboration between scientists at Scout Bio and the University of Pennsylvanias Gene Therapy Program, where the protein was engineered to improve potency, circulating accumulation kinetics and manufacturability. The design of SB-009 makes the clinical dose both affordable and commercially attractive.

Matthew Wilson, VP Product Discovery and External Innovation said, This is a further example of our strong collaborative relationship with UPenns Gene Therapy Program and Scouts internal capabilities of executing preclinical research to rapidly identify highly potent AAV gene therapies. In less than 12 months after initiating a discovery program, we are now in a position to transition into patients.

Scout Bio has conducted robust preclinical studies with various GLP-1 constructs in rodents and healthy cats. Key findings include:

Dr. Anne Traas, Scout Bios Chief Development Officer reflected, Owners can be devastated to learn their pet has this life-threatening disease and unfortunately, many are unable to give twice daily insulin injections and have to make the difficult choice to euthanize their beloved pet. A one-time safe and efficacious therapy, given by a veterinarian, that eliminates the need for insulin and worry of hypoglycemia, would greatly improve the current treatment paradigm and result in an improved quality of life for diabetic cats and their owners.

Feline diabetes, a severe disease lacking recent innovation, remains a major challenge for veterinarians and owners to safely and effectively manage. Diabetes in most cats is similar to type 2 diabetes in people. Insulin resistance, caused by factors such as obesity, leads to Beta-cell disfunction (the cells that produce insulin). Cats become insulin dependent when blood sugar levels rise, commonly 3-10 times normal, leading to the development of clinical signs which can seriously and negatively impact both the owner and the cat. The most common signs are increased drinking, increased urination and weight loss despite ravenous appetite.

About SB-009 SB-009 is a recombinant AAV gene therapy viral vector utilizing a novel capsid expressing an engineered feline GLP-1 agonist for the treatment of feline diabetes. GLP-1 has been shown to be a safe and highly efficacious molecule in the treatment of humans with type 2 diabetes and SB-009 is the first gene-therapy delivered GLP-1 to be studied in clinical studies in cats with a view to treat the disease.

The expressed feline GLP-1 analog protein functions by stimulating the beta-cells in the pancreas to produce more insulin and may also have an effect in decreasing insulin resistance. GLP-1 receptor agonists do not decrease glucose levels in animals with normal blood glucose, so there is expected to be a very low, or no risk of hypoglycemia.

About Feline DiabetesMost diabetic cats appear to have disease similar to human type 2 diabetes, which is primarily defined as a combined problem with insulin production by the beta-cells in the pancreas, as well as a decrease in the sensitivity to the normal action of insulin (insulin resistance). In cats, one of the most common factors contributing to insulin resistance is obesity which reduces insulin sensitivity.

Lack of insulin production and decreased sensitivity to insulin causes the glucose (sugar) in the blood to become very high leading to the clinical signs. Very high levels of blood glucose also hurt the beta-cells in the pancreas, leading to further reductions in insulin production.

Substantial progress has been made in the treatment of human type 2 diabetes, even in the early stages of the disease. However, insulin therapy remains the only FDA-approved treatment for diabetes in cats.

About Current Treatment | Feline DiabetesCurrent therapy aims to replace the insulin that the cats body no longer makes by injecting insulin twice daily. Giving insulin in the right amounts may bring the blood sugar levels down. If the blood glucose can be brought under control for the majority of a 24-hour period each day, then the clinical signs will be reduced to manageable levels. Too much insulin can cause the blood sugar to drop to dangerous levels (hypoglycemia), so there has to be a careful balance made between maintaining ideal blood glucose levels andadministering too much insulinwhich may result in life threatening low blood sugar levels.

Often owners find the prospect of administering injections to their cats daunting and the strict regimen of twice daily injections and feedings can be difficult to fit into a busy lifestyle. Unfortunately, not treating the cats is simply not a viable option and usually results in a rapid decline in physical health. Even with insulin treatment, some cats diabetes is not well controlled, resulting in the continuation of clinical signs and/or euthanasia.

About Diabetic RemissionGood control of blood glucose may also allow the beta-cells to rest. That rest may increase their capacity to regain some of their insulin-secreting ability. Insulin administration helps to decrease and control the excess blood glucose levels and complement whatever insulin producing ability the cat has left. In some cases, cats regain enough function to allow the insulin injections to stop. This is called diabetic remission. A cat is determined to be in remission when blood sugar is normal and there is complete correction of clinical signs once insulin has been discontinued.

About Scout BioScout Bio is a biotechnology company focused on revolutionizing pet medicine by delivering a pipeline of one-time therapeutics for major chronic pet health conditions. Scout Bios therapeutics are designed to induce long-term expression of therapeutic proteins in pet patients using AAV vector technology. Scout Bio has an exclusive research and development collaboration with the University of Pennsylvanias Gene Therapy Program. Scout Bios innovative partnerships build on a 20-year history with AAV leaders and is complemented by Scout Bios global leaders in gene therapy research and development. Scout Bio is a private company headquartered in Philadelphia, Pennsylvania. For more information, see http://www.scoutbio.coFor further information, please contact:

Investors:Sarah McCabeStern Investor Relations, Inc.212-362-1200sarah.mccabe@sternir.com

Media:Fran Gaconnier214.417.4142Fran.gaconnier@scoutbio.co

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Scout Bio Advances Novel Gene Therapy for the Treatment of Feline Diabetes - BioSpace

Analysis of Recent Cell and Gene Therapy Innovations: 2020 Competitive Landscape Report – CD-19 is the Most Common Target Antigen for Allogeneic CAR-T…

DUBLIN, Oct. 28, 2020 /PRNewswire/ -- The "Competitive Landscape Analysis of Recent Cell and Gene Therapy Innovations" report has been added to ResearchAndMarkets.com's offering.

This research identifies some of the key developments across CAR-T cell therapies and provides insights across technological, IP, and investment landscapes. The study also provides an analysis of the competitive landscape while highlighting the key growth opportunities within the CAR-T cell therapy platform.

Key Topics Covered:

1.0 Executive Summary1.1 Research Focus: Emerging Technologies Enabling chimeric antigen receptor (CAR) T-cell Therapies1.2 Analysis Framework: The Author's Core Value1.3 Research Methodology: Five Steps Toward Success1.4 Key Findings of Technology Breakthrough Driving Sepsis Diagnosis

2.0 Technology Snapshot2.1 Rising Pace of Cell and Gene Therapy Approvals2.2 Regulatory and Ethical Perspectives on Gene Therapy2.3 Rising Demand for Precision Medicine Strategies2.4 Manufacturing Continues to be the Key Bottle Neck2.5 II Generation Chimeric Antigen Receptors Likely to Dominate the Cell Therapy Landscape in the Future2.6 CD-19 is the Most Common Target Antigen for Allogeneic CAR-T Therapies

3.0 Emerging Patent Landscape3.1 Steady Increase in Patent Grants for CAR-T Cell Therapies3.2 University of Pennsylvania and Novartis Lead the Patent Landscape for CAR-T Cell Therapies3.3 China and the US Lead the Patent Landscape for CAR-T Cell Therapies3.4 Snapshot of Key Patent Grants: Novartis3.5 Snapshot of Key Patent Grants: Cellectis and BlueBird Bio

4.0 Analysis of the Investment Landscape4.1 Key M&A Trends Across the Global Life Sciences Sector4.2 Gene Therapy - Venture Capital Funding Assessment4.3 Gene Therapy - Big Pharma In-licensing Deals Assessment4.4 Strategic Insights: Cell Therapies and Gene Therapies, Viral Vector CMOS

5. Analysis of the Competitive Landscape5.1 Allogene Therapeutics5.2 Precision BioSciences Inc.5.3 CRISPR Therapeutics AG5.4 Cellectis S.A.5.5 Celyad5.6 Bristol-Myers Squibb (BMS)5.7 Gilead5.8 Novartis5.9 BlueBird Bio5.10 Summary of the Scoring Methodology5.11 Competitive Analysis of CAR-T Participants

6.0 CAR-T Cell Therapies: Growth Opportunity Universe6.1 Growth Opportunity: CAR-T for Solid tumors, 2020

7.0 Industry Influencers

For more information about this report visit https://www.researchandmarkets.com/r/dgf6f3

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Research and Markets Laura Wood, Senior Manager [emailprotected]

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Analysis of Recent Cell and Gene Therapy Innovations: 2020 Competitive Landscape Report - CD-19 is the Most Common Target Antigen for Allogeneic CAR-T...

Scientists use clues in the human genome to discover new inflammatory syndrome – National Institutes of Health

News Release

Tuesday, October 27, 2020

Researchers from the National Institutes of Health (NIH) have discovered a new inflammatory disorder called vacuoles, E1 enzyme, X-linked, autoinflammatory and somatic syndrome (VEXAS), which is caused by mutations in the UBA1 gene. VEXAS causes symptoms that included blood clots in veins, recurrent fevers, pulmonary abnormalities and vacuoles (unusual cavity-like structures) in myeloid cells. The scientists reported their findings in the New England Journal of Medicine.

Nearly 125 million people in the U.S. live with some form of a chronic inflammatory disease. Many of these diseases have overlapping symptoms, which often make it difficult for researchers to diagnose the specific inflammatory disease in a given patient.

Researchers at the National Human Genome Research Institute (NHGRI), part of the NIH, and collaborators from other NIH Institutes took a unique approach to address this challenge. They studied the genome sequences from more than 2,500 individuals with undiagnosed inflammatory diseases, paying particular attention to a set of over 800 genes related to the process of ubiquitylation, which helps regulate both various protein functions inside a cell and the immune system overall. By doing so, they found a gene that is intricately linked to VEXAS, a disease which can be life-threatening. So far, 40% of VEXAS patients who the team studied have died, revealing the devastating consequences of the severe condition.

Usually, researchers discover a previously unknown disease by studying several patients with similar symptoms, then searching for a gene or multiple genes that may play a role in causing the disease. However, this was not a viable option for the NIH research team.

We had many patients with undiagnosed inflammatory conditions who were coming to the NIH Clinical Center, and we were just unable to diagnose them, said David B. Beck, M.D., Ph.D., clinical fellow at NHGRI and lead author of the paper. Thats when we had the idea of doing it the opposite way. Instead of starting with symptoms, start with a list of genes. Then, study the genomes of undiagnosed individuals and see where it takes us.

Out of the genome sequences of 2,560 patients with undiagnosed inflammatory conditions, over 1,000 patients had undiagnosed recurrent fevers and body-wide inflammation. The rest, part of the NIH Undiagnosed Diseases Network, had unusual and unclassified disorders.

Our objective was to see if any of the 2,560 patients shared variations in the same gene, said Daniel Kastner, M.D., Ph.D., scientific director of the Intramural Research Program at NHGRI and a senior author of the paper. Instead of looking at clinical similarities, we were instead taking advantage of shared genomic similarities that could help us discover a completely new disease.

Out of the 800 genes, one stood out. Three middle-aged males had rare and potentially damaging genomic variants in the UBA1 gene, but each of the three males appeared to have two copies of the UBA1 gene with one copy harboring the mutation, which was not unexpected because humans usually have two copies of every gene. However, the UBA1 gene resides in the X chromosome, and males have only one X chromosome (and one Y chromosome).

We were amazed to see this and wondered what it could mean. And thats when it clickedthis was only possible if there was mosaicism in these men, said Dr. Beck.

Mosaicism occurs when some people have groups of cells with mutations that are different from the rest of the body. The team predicted that there were specific cells in the patients bodies that carried the UBA1 gene in its normal form while other cells carried the gene in its mutated form.

Using DNA-sequencing methodologies, the researchers found that the mosaicism was indeed present in the patients myeloid cells, which are responsible for systemic inflammation and act as the first line of defense against infections.

The researchers then analyzed the genome sequences of additional individuals from various NIH cohorts and databases, which led to the discovery of an additional 22 adult males with the UBA1 gene mutations. Most of the individuals had symptoms that included blood clots in veins, recurrent fevers, pulmonary abnormalities and vacuoles (unusual cavity-like structures) in the myeloid cells.

Out of the combined 25 individuals, researchers were able to find a link between the various clinical rheumatologic and blood-related diagnoses made for the patients. Because these conditions exist in people with UBA1 mutations, the team grouped the various conditions into a new disease: VEXAS.

By using this genome-first approach, we have managed to find a thread that ties together patients carrying all of these seemingly unrelated, disparate diagnoses, Dr. Kastner said.

The researchers hope that this new genome-first strategy will help healthcare professionals improve disease assessments and provide appropriate treatments for thousands of patients who have various inflammation-related conditions. The study may also pave the way for a new and more appropriate classification of inflammatory diseases.

Additional research support for this study was provided by the National Institute of Arthritis and Musculoskeletal and Skin Diseases, the National Institute of Dental and Craniofacial Research, the National Heart, Lung, and Blood Institute, National Institute of Allergy and Infectious Diseases, the National Cancer Institute and the NIH Clinical Center.

NHGRI is one of the 27 institutes and centers at the National Institutes of Health. The NHGRI Extramural Research Program supports grants for research, and training and career development at sites nationwide. Additional information about NHGRI can be found athttps://www.genome.gov.

About the National Institutes of Health (NIH):NIH, the nation's medical research agency, includes 27 Institutes and Centers and is a component of the U.S. Department of Health and Human Services. NIH is the primary federal agency conducting and supporting basic, clinical, and translational medical research, and is investigating the causes, treatments, and cures for both common and rare diseases. For more information about NIH and its programs, visit http://www.nih.gov.

NIHTurning Discovery Into Health

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Scientists use clues in the human genome to discover new inflammatory syndrome - National Institutes of Health

Discovery of Helpful and Harmful COVID-19-Related Genes to Aid Development of New Therapies – HospiMedica

Image: SARS-CoV-2 viral particles (blue) in a clinical isolate. (Photo courtesy of CDC)

Researchers at Yale University (New Haven, CT, USA) and the Broad Institute of MIT and Harvard (Cambridge, MA, USA) screened hundred of millions of cells exposed to the SARS-CoV-2 and MERS viruses, and have identified dozens of genes that enable the viruses to replicate in cells, as well as those that seem to slam the door on the virus. The pro-viral and anti-viral roles of these genes will help guide scientists in development of new therapies to combat COVID-19, according to the researchers.

Scientists have identified how SARS-CoV-2 attaches to and invades cells, but less is known about why some cells are more susceptible to infection. Understanding the genetics behind host cells susceptibility to infection may help explain why some people exposed to the virus experience few or no symptoms while others become extremely ill or die. Researchers performed a genome-wide screen of a line of green monkey cells, which are more sensitive to SARS-CoV-2 infection than commonly used human cell lines. The screens for the first time allowed researchers to simultaneously track interactions of virus and cells. The screens confirmed earlier findings that the ACE2 gene, which encodes a receptor on the cell surface, promotes infection by SARS-CoV-2.

However, the screens also identified two previously unknown pro-viral factors, as well as a third that seems to assist in preventing infection. They found that members of the SWI/SNF protein complex, which turns genes on and off, and HMGB1, which has a myriad of functions including regulation of inflammation, were linked to increased cell death after infection. The researchers then introduced small molecule drugs that inhibit function of two of the identified gene products, and found they could increase survival of cells after infection in a dish. By contrast, the histone H3 complex, which helps regulate expression of genes within the cell nucleus, seemed to provide a protective effect, inhibiting the ability of SARS-CoV-2 to infect and kill cells.

It is very important to understand wide variation of responses to COVID-19, for instance why advanced age makes it much more likely that people will die, said Yales Craig Wilen, assistant professor in laboratory medicine and immunobiology. We have identified both proviral and antiviral genes that may help us predict who is likely to get severely ill and what kind of drugs would be helpful or detrimental in treating patients.

Related Links:Yale University Broad Institute of MIT and Harvard

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Discovery of Helpful and Harmful COVID-19-Related Genes to Aid Development of New Therapies - HospiMedica

Axovant Gene Therapies to Host Virtual Parkinson’s Disease R&D Day on October 30, 2020 – GlobeNewswire

NEW YORK, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Axovant Gene Therapies Ltd. (Nasdaq: AXGT), a clinical-stage company developing innovative gene therapies, today announced that it will host a virtual R&D Day on Friday, October 30, 2020 at 11:30 AM Eastern time, to discuss the Companys AXO-Lenti-PD gene therapy for Parkinsons disease.

Axovants Parkinsons disease R&D Day will be moderated by Chief R&D Officer, Gavin Corcoran, M.D., and will feature presentations on the current treatment landscape and unmet medical need for people living with Parkinsons disease from the following key opinion leaders:

In addition, the Company will present data from the second cohort of the Phase 2 SUNRISE-PD trial for AXO-Lenti-PD including:

Drs. Adler, Palfi, and Eberling will be joined by Dr. Corcoran to answer questions following the formal presentations.

AXO-Lenti-PD is the only investigational gene therapy for Parkinsons disease that delivers three genes via a lentiviral vector to encode a set of critical enzymes required for endogenous dopamine synthesis, with the goal of improving motor function and restoring steady, tonic levels of dopamine in the brain. The gene therapy aims to provide patient benefit for years following a single administration.

To register for the R&D webcast, please click here.

A live audio webcast of the R&D Day can be accessed through the Events & Presentations section of the company's website at investors.axovant.com. An archived replay of the webcast will be available on the company's website following the event.

Biographies of R&D Day Panelists:

Dr. Adler has received numerous grants to investigate experimental treatments for Parkinson's disease, essential tremor, dystonia, restless legs syndrome, and chronic traumatic encephalopathy (CTE). He serves as an advisory member to many different international medical societies such as the International Parkinson and Movement Disorder Society, MDS Industry Education and Services Committee, and the American Academy of Neurology Section of Movement Disorders. Dr. Adler has a commitment to education having trained residents, 14 fellows and graduate students, and has given many invited lectures. Dr. Adlers main research interests are investigating tissue diagnostic tests for Parkinsons disease, biomarkers for an early diagnosis of Parkinsons disease and PD with dementia, and identification of new treatments for PD and PD with dementia. He also has been investigating essential tremor, restless legs syndrome, and dystonia. He has published over 400 research papers and reviews, and edited a book entitled Parkinson's Disease and Movement Disorders: Diagnosis and Treatment Guidelines for the Practicing Physician. In 2006, Dr. Adler was awarded the Mayo Clinic Distinguished Investigator of the Year Award.

Dr. Palfi has published extensively on trophic factor- and enzyme-based gene therapy in Parkinsons disease and Huntingtons disease. He is a principal investigator on numerous preclinical and clinical studies and has been involved in studies of many novel agents including implanted brain devices, optogenetic, homeoprotein, trophic factors GDNF, CNTF and dopamine lentiviral vectors.

Dr. Eberling earned undergraduate and graduate degrees in biological psychology from the University of California at Berkeley, later moving to the Lawrence Berkeley National Laboratory where she developed expertise in neuroimaging techniques and gene therapy approaches for Parkinsons disease.

About Axovant Gene Therapies

Axovant Gene Therapies is a clinical-stage gene therapy company focused on developing a pipeline of innovative product candidates for debilitating neurodegenerative diseases. Our current pipeline of gene therapy candidates target GM1 gangliosidosis, GM2 gangliosidosis (also known as Tay-Sachs disease and Sandhoff disease), and Parkinsons disease. Axovant is focused on accelerating product candidates into and through clinical trials with a team of experts in gene therapy development and through external partnerships with leading gene therapy organizations. For more information, visit http://www.axovant.com.

Contacts:

Investors

Parag MeswaniAxovant Gene Therapies Ltd.(212) 547-2523investors@axovant.com

Media

Josephine Belluardo, Ph.D. LifeSci Communications(646) 751-4361jo@lifescicomms.commedia@axovant.com

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Axovant Gene Therapies to Host Virtual Parkinson's Disease R&D Day on October 30, 2020 - GlobeNewswire

Parents win insurance appeal for 8-year-olds Muscular Dystrophy treatment – WWTI – InformNNY.com

HARRIS COUNTY, Ala. (WRBL) A Harris County family is celebrating overcoming a major obstacle in treating their 8-year-old-son who has a rare form of Muscular Dystrophy, thanks to a village of supporters and a phone call from the Chief Medical Officer of a major insurance company.

8-year-old Jacob Saalman is like most kids. He loves being outdoors, riding four-wheelers, and playing baseball. This Halloween, he carved pumpkins with his family. Jacob loves his dad, a former Fort Benning Ranger, and his mom. Jacob adores his four-year-old brother, Hudson.

Jacob is very protective of Hudson. Hes a mother hen. Oftentimes I have to tell Jacob to stop parenting, shared Ryan and Brooke Saalman, Jacobs parents.

However, Jacob is not like most kids when it comes to his health. Jacobs handled more medical procedures, biopsies, and tests than many adults. Its heartbreaking. Jacobs mom and dad say hes resilient with a quiet strength.

I would say he is very strong and adaptable. All the things he has to do, all the medical stuff he has been through, pokes and prods and port placement and muscle biopsies. He has been through a lot, said Brooke.

Jacob is very sick. So is his brother Hudson. Both boys have Duchenne Muscular Dystrophy, a rare genetic disease, preventing their bodies from making a protein called Dystrophin that protects our muscles from breaking down with use.

Jacob plays ball now. By 12, he will most likely need a wheelchair. After that, the prognosis remains bleak for the brothers and the parents who love them.

The life expectancy is upper 20s and into the 30s. But you are not walking around or living a normal life. You are most likely on a ventilator and having a parent care of you 24/7, shared Ryan.

Jacobs medical team is convinced an FDA approved home infusion called Exondys 51 will significantly improve Jacobs quality of life by helping him produce partial Dystrophin proteins.

Its not a cure. It slows the rate of the disease, and also its been proven to help kids walk longer, and it is also shown to improve pulmonary function, and thats the issue later on down that causes a lot of problems and even death from this disease, said Brooke.

The Saalmans goal is to stave off the disease for as long as possible. They believe Exondys 51 can help keep Jacob as healthy as possible until a gene therapy is ready.

We still have hope. What gives us the most hope is there are gene therapy trials in phase three. So we are hoping within the next two or three years we will be able to have a gene therapy that will make this a much milder disease, said Brooke.

One of Jacobs physicians, Han C. Phan, MD, with Rare Disease Research LLC in Atlanta, Georgia, shared this statement with News 3:

Jacob has Duchenne Muscular Dystrophy, a slowly progressive condition for which without treatment could limit his life expectancy. Every child with DMD should receive the treatment he deserves and without such could be detrimental to his overall health.

The family says Horizon Blue Cross Blue Shield of New Jersey had twice denied Jacob Exondys 51, despite other major insurance companies approving similar patients treatment. The drug costs 300,000 a year. The company listed several reasons for denying coverage for the medicine in a letter sent to the Saalman family.

Ryan Saalman shared the familes heartbreak and frustration on his Facebook page earlier in the week. The status update was shared several thousand times and sent to News 3.

Monday, the Sallman family spoke with News 3 about their struggle since April to get the medication approved with their insurance company.

Its just frustrating to know there is a child that has this need, and we pay good money for our insurance. You think that if a doctor says this is medically necessary that they will get the medication, and thats not the case. These kids deserve that. Everything they go through. They deserve some help, said Brooke.

News 3 reached out to Horizon Blue Cross Blue Shield of New Jersey on Monday. Tuesday, News 3 worked with The Saalman family and Horizon BCBS of New Jersey to get the necessary medical privacy forms filled out to get information on the insurance companys case. However, before the process was complete, The Saalman family says they got a phone call from the insurance companys Chief Medical Officer. The family was thrilled to learn Exondys 51 has been approved for Jacob.

Today, I think we truly saw the power of community. In this fight against Duchenne Muscular Dystrophy, it takes a village, and I think our village got really big really fast. Our new village gave an 8-year-old boy a loud enough voice that Horizon BCBS has overturned last weeks denial. Jacob will be able to get the medication he needs. The Saalman Family wants to thank the thousands of people that shared our story; we truly believe it is because of all of you that this has happened,

The Saalman family is overjoyed. Time is not on their side as this disease doesnt slow down. With each delay comes another day Duchenne Muscular Dystrophy robs Jacobs muscles of their ability to function. The family hopes the newly approved infusion will be ready for Jacob within a few weeks. The treatment should help slow the diseases progression down and give the family the time they need to wait for a promising gene therapy they pray is on the horizon.

The day before The Saalman family learned the medication had been approved, Jacob hit the winning RBI for the final game of his baseball season in a tie game with two outs. Jacob got the game ball in the final game of what may be his last season of baseball.

And sometimes God shows up in the last game, in the last inning, with two outs and two strikes on the board, when the hope of a win is almost gone and He crushes our expectations. Man, did I ever need that reminder tonight, and maybe you do too, shared Jacobs father on Facebook.

For more information on Jacob and Hudsons battle with Duchenne MD and ways you can help, you can visit their blog: Saalman Strong. The family has been encouraged to establish a GoFundMe page: Jacob and Hudsons fight against Duchenne MD

News 3 will keep you updated on the Saalman family and the journey with their sons Jacob and Hudson.

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Parents win insurance appeal for 8-year-olds Muscular Dystrophy treatment - WWTI - InformNNY.com

2020 Dickson Prize in Medicine Awarded to Pioneer Researcher in Synthetic Biology – Newswise

Newswise PITTSBURGH, Oct. 26, 2020 James J. Collins, Ph.D., an innovator in synthetic biology whose ideas have contributed to novel diagnostics and treatments targeting infections and complex diseases, has been awarded the 2020 Dickson Prize in Medicine, the University of Pittsburgh School of Medicines highest honor.

The prize is given annually to an American biomedical researcher who has made significant, progressive contributions to medicine. The award consists of a specially commissioned medal, a $50,000 honorarium and an invitation to present the keynote lecture during the Universitys annual campus-wide showcase of scientific research. Due to the COVID-19 pandemic, both the annual showcase and Collins lecture have been postponed until 2021 at a date to be determined.

Dr. Collins is defining whats possible in the disciplines of synthetic and systems biology. His highly creative work applying engineering design principles to molecular biology has generated numerous new diagnostics and therapeutics with wide application to medicine, said Anantha Shekhar, M.D., Ph.D., Pitts senior vice chancellor for the health sciences and John and Gertrude Petersen Dean of Medicine. It is our honor to recognize him with the School of Medicines most prestigious award.

Im grateful to work with outstanding lab members and collaborators whose dedication and insight have been critical to what weve achieved, said Collins, who is the Termeer Professor of Medical Engineering and Science in the Department of Biological Engineering at Massachusetts Institute of Technology and is affiliated faculty with the Broad Institute of MIT and Harvard University, and the Wyss Institute at Harvard. I am thrilled and honored to receive the Dickson Prize in Medicine.

A seminal 2000 publication describing the successful creation of a stable, synthetic gene circuit in Escherichia coli bacteria has been cited more than 4,000 times and marked the arrival of an important new discipline in biomedicine. Collins later demonstrated that synthetic gene networks could be linked with a cells genetic circuitry as a regulatory mechanism to create programmable cells for biomedical applications.

More recently, Collins has created engineered microbes and whole-cell biosensors to serve as in vivo diagnostics and therapeutics. One innovative platform that he and colleagues developed embeds freeze-dried, cell-free synthetic gene networks onto paper and other materials with a wide range of potential clinical and research applications.

The resulting materials contain properties of a living cell, are stable at room temperature and can be activated by simply adding water. Collinss work on freeze-dried, cell-free synthetic biology has established a platform for a new class of rapid, programmable in vitro diagnostics for emerging pathogens, including drug-resistant bacteria and viruses. Collins and his team currently are developing a rapid self-activating COVID-19 face mask as a wearable diagnostic.

Collins earned an A.B. in physics at the College of the Holy Cross in Worcester, Mass., before completing a Ph.D. in medical engineering at the University of Oxford with the distinction of Rhodes Scholar. He has received a MacArthur Foundation Genius award, NIH Directors Pioneer Award and Sanofi-Institut Pasteur Award. Collins is an elected member of the National Academy of Sciences, National Academy of Engineering, National Academy of Medicine and the American Academy of Arts and Sciences. He is a charter fellow of the National Academy of Inventors.

To read this release online or share it, visit http://www.upmc.com/media/news/102620-Dickson-Prize-2020.

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2020 Dickson Prize in Medicine Awarded to Pioneer Researcher in Synthetic Biology - Newswise

FDA Approves New FoundationOneLiquid CDx Companion Diagnostic Indications for Three Targeted Therapies That Treat Advanced Ovarian, Breast and…

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Foundation Medicine, Inc. today announced that the U.S. Food and Drug Administration (FDA) approved FoundationOneLiquid CDx for three new companion diagnostic indications to help match patients who may benefit from treatment with specific FDA-approved targeted therapies. The new indications are for Piqray (alpelisib) in advanced or metastatic breast cancer; Rubraca (rucaparib) in advanced ovarian cancer; and Alecensa (alectinib) in a certain type of metastatic non-small cell lung cancer (mNSCLC). The FDA also approved a label expansion for FoundationOne Liquid CDx to report additional select copy number alterations and genomic rearrangements.

FoundationOne Liquid CDx analyzes the largest genomic region of any FDA-approved comprehensive liquid biopsy test and was approved in August to provide tumor mutation profiling in accordance with professional guidelines for patients with any solid tumor. Concurrently, it was approved as a companion diagnostic for a poly (ADP-ribose) polymerase (PARP) inhibitor approved by the FDA for the treatment of metastatic castration-resistant prostate cancer patients with qualifying BRCA1/2 alterations, and for three first-line EGFR tyrosine kinase inhibitors (TKIs) for the treatment of non-small cell lung cancer patients.

FoundationOne Liquid CDx offers oncologists an important and minimally invasive tool to consider when making treatment decisions for their patients, regardless of the type of cancer they have, said Brian Alexander, M.D., M.P.H., chief medical officer at Foundation Medicine. These three additional companion diagnostic claims expand the tests clinical utility into breast and ovarian cancer, demonstrating our commitment to bringing precision medicine to more patients, and we plan to continue working with our biopharma partners to increase that reach.

Todays approval expands FoundationOne Liquid CDxs companion diagnostic indications to include the following targeted therapies:

PIK3CA is the most commonly mutated gene in HR+/HER2- breast cancer; approximately 40% of patients living with HR+/HER2- breast cancer have this mutation.1

An estimated one in four women with epithelial ovarian cancer have a mutation of the BRCA1 or BRCA2 gene.2

Using a blood sample, FoundationOne Liquid CDx analyzes over 300 cancer-related genes for genomic alterations. FoundationOne Liquid CDx results are delivered in an integrated report that identifies alterations matched to FDA-approved therapies. It also enables accelerated companion diagnostic development for biopharma companies developing precision therapeutics.

As a laboratory professional service which has not been reviewed or approved by the FDA, the FoundationOne Liquid CDx report delivers information about the genomic signatures microsatellite instability (MSI) and blood tumor mutational burden (bTMB), as well as single gene alterations, including NTRK fusions, to help inform the use of other therapies including immunotherapies. Also, as a laboratory professional service, the report provides relevant clinical trial information and includes interpretive content developed in accordance with professional guidelines in oncology for patients with any solid tumor.

About FoundationOne Liquid CDx

FoundationOne Liquid CDx is a qualitative next generation sequencing based in vitro diagnostic test for prescription use only that uses targeted high throughput hybridization-based capture technology to analyze 324 genes utilizing circulating cell-free DNA (cfDNA) isolated from plasma derived from anti-coagulated peripheral whole blood of advanced cancer patients. The test is FDA-approved to report short variants in over 300 genes and is a companion diagnostic to identify patients who may benefit from treatment with specific therapies (listed in Table 1 of the Intended Use) in accordance with the approved therapeutic product labeling. Additional genomic findings may be reported and are not prescriptive or conclusive for labeled use of any specific therapeutic product. Use of the test does not guarantee a patient will be matched to a treatment. A negative result does not rule out the presence of an alteration. Patients who are negative for companion diagnostic mutations should be reflexed to tumor tissue testing and mutation status confirmed using an FDA-approved tumor tissue test, if feasible. For the complete label, including companion diagnostic indications and complete risk information, please visit http://www.F1LCDxLabel.com.

About Foundation Medicine

Foundation Medicine is a molecular information company dedicated to a transformation in cancer care in which treatment is informed by a deep understanding of the genomic changes that contribute to each patient's unique cancer. The company offers a full suite of comprehensive genomic profiling assays to identify the molecular alterations in a patients cancer and match them with relevant targeted therapies, immunotherapies and clinical trials. Foundation Medicines molecular information platform aims to improve day-to-day care for patients by serving the needs of clinicians, academic researchers and drug developers to help advance the science of molecular medicine in cancer. For more information, please visit http://www.FoundationMedicine.com or follow Foundation Medicine on Twitter (@FoundationATCG).

Foundation Medicine and FoundationOne are registered trademarks of Foundation Medicine, Inc.

PIQRAY is a registered trademark of Novartis AG.

RUBRACA is a registered trademark of Clovis Oncology, Inc.

ALECENSA is a registered trademark of Chugai Pharmaceutical Co., Ltd., Tokyo, Japan.

Source: Foundation Medicine

1 The Cancer Genome Atlas Network. Comprehensive molecular portraits of human breast tumours. Nature. 2012;490(7418):61-70.2 Pennington et al, Clin Cancer Res. 2014; 20(3):764-7753 Dearden et al. Ann Oncol. 2013 Sep; 24(9): 23712376.

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FDA Approves New FoundationOneLiquid CDx Companion Diagnostic Indications for Three Targeted Therapies That Treat Advanced Ovarian, Breast and...