Monthly Archives: April 2022

De Havilland Canada is offering a second life extension program for the Dash 8-100, its smallest turboprop. Why would airlines want this?

De Havilland Canada has bought the rights to the Dash 8 family from Bombardier. The fate of the Dash 8-400 (Q400), the newest, largest member of this turboprop family, is still uncertain. The company would need to invest in restarting the production of the plane. And this seems difficult because the availability of stored used examples is seriously limiting the demand for new planes.

Image: de Havilland

But curiously perhaps, some airlines really like their existing, older planes. Last week, De Havilland announced that it has a launch customer for its Extended Service Program PLUS (ESP PLUS). This program involves the Dash 8-100. Widere, a Norwegian regional carrier, signed on to incorporate ESP PLUS on ten planes in its fleet. The airline also has options to incorporate the program on ten more aircraft.

The purpose of ESP PLUS is to increase the service life of these planes to 160,000 cycles. A cycle is a take-off and a landing. Originally, this model had a service life of 80,000 hours. The first Extended Service Program increased this to 120,000 hours. So the ESP PLUS is an additional step, practically doubling the original life of the Dash 8-100 fleet.

What makes this noteworthy, is the age of these turboprops. On average, Wideres Dash 8-100s are about 27 and a half years old with a fairly narrow spread. Only one of them is just under 20 years old. Another is 22 and a half, with the rest of them being 25 and over. Some are over 30! We sometimes see airlines investing heavily on freighters that have over twenty years on their wings. But why would Widere invest in such a program for small turboprops?

What makes the Dash 8-100 worthy of such care and attention, is its niche: size. As aircraft sizes go, airlines have a variety of choices for 19-seaters. This is a key number because planes with 20 or more passengers require a cabin crew member. Going bigger, there are some choices for planes with 45-50 seats.

But as Leeham News points out, there are really no choices out there for an aircraft with around 30 seats. Apart from the Dash 8-100, that is. Obviously, demand for such an aircraft isnt very strong. Airlines could eventually see a new design, perhaps incorporating an interesting means of propulsion. But such designs (or even conversions) arent around the corner. Astonishingly, Wideres 27-year-old planes may well stay in service for another 27 years, or more!

According to de Havilland, the ESP PLUS could add another 30 to 40 years to the life of the Dash 8-100. The ESP and ESP PLUS programs exist thanks to the larger turboprops in the family. Service improvements on the bigger, heavier Q400 are enabling such life extension programs for the smaller models. De Havilland also offers the ESP (not PLUS) for the intermediate Dash 8-300.

Finally, as the smallest variant of a bigger turboprop family, the Dash 8-100 is also a good systems testbed. As we have seen previously, de Havilland and Pratt & Whitney Canada will use such a plane for their testing of a Hybrid-electric propulsion conversion. This program includes investment from the governments of Canada and Quebec. Widere is its own electric propulsion project, with a smaller aircraft.

Source

Spyros Georgilidakis has degrees in Business Enterprise and Management. He has 14 years of experience in the hospitality and travel industries, along with a passion for all-things-aviation and travel logistics. He is also an experienced writer and editor for on-line publications, and a licensed professional drone pilot.

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Dash 8-100: Why Extend The Life Of Such Old Planes? - Mentour Pilot

It was already clear that the Red Sox and third baseman Rafael Devers were very far off from each other in extension talks during spring training. Now, some details have emerged on how just much of a difference there was between the sides.

The Red Sox and Devers were more than $100 million apart in talks, according to Jon Heyman of the New York Post. That jibes with reporting from ESPNs Jeff Passan, who told WEEIs The Greg Hill Show on Wednesday that the Red Sox are over $200 million and that Rafael Devers wants more than $300 million in recent discussions.

The Red Sox are said to have offered the excellent young slugger Devers nothing like what he was seeking in terms of length or dollars, Heyman wrote. Word is, Devers was looking for an ultra-long deal that would have made him a Red Sox for life, while the club was thinking more like a contract for much less length a kind of half-life deal. The teams exact offer isnt known, but suffice it to say, they were surely more than $100 million apart.

Devers, 25, is set to become a free agent after the 2023 season. He has said that he doesnt want to negotiate during the regular season, meaning the sides will have to wait until next winter to hammer out a potential long-term deal.

This thing is playing out, guys, in a very, very similar fashion to Mookie Betts, Passan told WEEI, referencing how the Red Sox failed to come to terms with Betts on an extension before trading him to the Dodgers in Feb. 2020.

The Red Sox and Devers had discussions toward the end of spring training but those broke off once it was clear the sides werent close to an agreement. Boston also failed to lock up shortstop Xander Bogaerts, who was reportedly offered a below-market, four-year, $90 million extension (thats really a 1-year, $30 million add-on to the three years left on his contract) in an effort from preventing him to opt out this fall.

Appearing on MassLives Fenway Rundown podcast Tuesday, chief baseball officer Chaim Bloom said the club still wants to sign both Bogaerts and Devers despite talks breaking down during camp.

I dont love getting into too much detail on these types of things unless we actually do get to a deal. I think its really up to the players, how much they want to say, Bloom said. Basically, both those guys have talked about it to varying degrees. We would love to have both guys here for a long time. We want to do it in a way that makes sense for them and makes sense for us. Obviously, this spring, we didnt find that path but we want to have them here and hopefully we will find it.

Related links:

Boston Red Sox offered Xander Bogaerts 4-year, $90 million extension; a slap in the face, one of his friends says (report)

Trevor Story gets first Boston Red Sox RBI after missing three games with food poisoning, convincing Alex Cora he was good to go

How Chaim Bloom has blocked out the noise since joining Boston Red Sox, despite occasionally searching his name on Twitter

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Boston Red Sox, Rafael Devers more than $100M apart in extension talks: Its playing out in a very similar f - MassLive.com

Artist's impression of the Dreadnought-class submarine. Credit: UK Ministry of Defence

According to the US Stockpile Stewardship and Management Plan released last month, the development of the United States first new nuclear warhead since the Cold War appears to be proceeding. Collective sighs of relief are emanating from Washington and London. But they may be louder in the United Kingdom.

Last October, despite resistance from Democrats, the US Senate Armed Services Committee authorized $134 million of 2022 funding for the W93 submarine-launched ballistic missile warhead and the Mark 7 aeroshell re-entry body for the Trident II D5 missiles that will carry it. The Energy Department has been vague in describing the W93, referencing it as a new program of record rather than a new warhead. The new stockpile plan lays out a more detailed and accelerated timeline for the W93, but remains ambiguous in regard to details, saying the program offers the Navy a modernized warhead capability that incorporate(s) modern technologies to address future threats. The warhead apparently is intended to ensure continuity, replacing older W76 and W88 warheads as they are phased out of service.

The United States need for the W93 is not as urgent as the timeline suggests. Both existing warheads have recently undergone costly modernization and life-extension programs and seem likely to remain in deployment for many years, and perhaps decades.

The programs urgency seems attributable to the United Kingdoms nuclear modernization efforts. The Royal Navy is undergoing a sweeping renewal of its nuclear forces, including the construction of four new Dreadnought-class submarines. Part of the long process reaffirmed in an update to Parliament late last year involves the delivery of a new British warhead in parallel with the US W93/Mk7 warhead program.

It ought to come as no surprise that Washington and London are cooperating on the new warhead program: The two countries use identical Trident II D5 missiles from a common pool located in Kings Bay, Georgia, which makes warhead compatibility essential. But the partnership is raising questions about Britains sovereignty and who is footing the bill for the W93.

Unfounded urgency. Over the course of 25 years of studies, engineering, and production, the W93 program may cost up to $14 billion, with production of the first warheads expected between 2034 and 2036. The case for embarking on the program was made in the latter days of the Trump administration; its urgency remains open to question. The Navy has spent large sums modernizing the submarine-launched ballistic missile warheads the Navy now deploys on its 14 Ohio-class submarines, the W76 and W88. One prevailing reason for the new program is the Navys numerical reliance on the older, lower-yield W76-1 and W76-2 warheads, at 90 kilotons and 8 kilotons respectively, which outnumber the 455-kiloton thermonuclear W88 by almost five to one in the arsenal. An unclassified white paper from 2020 suggests the W93 would likely offer a variable- or at least higher-yield alternative, diversifying the Navys warfighting options by allowing it to hold all targets in current plans at risk.

Obvious overlap between the US and British programs ends with the Trident missiles. But circumstances around the W93 program suggest more than meets the eye. London needs a new warhead more than Washington does; not only does the United Kingdom rely solely on its nuclear submarines for its deterrent, lacking intercontinental ballistic missiles and bombers like those of the United States, but it has also never deployed the W88relying exclusively on the older W76, or Holbrook warheads, as they are known.

Very significant implications. The British government has insisted on its countrys nuclear sovereignty since it first developed its deterrent, but poor management and expensive delays have damaged this claim in recent years, while previous indigenous programs have failed. In a 2020 House of Commons Defense Briefing, then-Permanent Secretary of the Ministry of Defence Sir Stephen Lovegrove admitted that British funds for a warhead replacement would run out in four years, adding that uncertainty in Washington about the program would have very significant implications for the United Kingdom. Allegations that the W93 was more for the British than the American deterrent were not helped when it emerged that British Defence Secretary Ben Wallace had directly lobbied members of Congress to support its funding in 2020.

US officials have not helped either, reiterating in the recent stockpile plan that the W93 program was also vital for continuing our longstanding cooperation with the United Kingdom, whose nuclear deterrent is critical to US national security. Warhead programs are costly and take decades of research and development, but there are real concerns the W93 is not an urgent need for the Navy. Chair of the House Armed Services Committee Rep. Adam Smith suggested as much, noting that the program may arguably be a little bit ahead of need and that the UK is pushing a lot of that. The question for lawmakers is therefore the inherent value of the British deterrent to US national security, especially for a program the United States does not need and for which it appears to be footing much of the bill.

The war in Ukraine has seemingly reaffirmed the Biden administrations commitment to its NATO allies, with the recent Nuclear Posture Review summary also ruling out a no-first-use policy long opposed by many allies in Europe. In this case, however, even the long-held nuclear cooperation between Washington and London does not justify the development of the first new nuclear weapon in decades.

The cost of the W93 program and the urgency with which it is being pursued have not yet been justified. The United States should not rush to design and build a symbolic new warhead for the arsenal of an ally, even one as close as Britain, when Congress has so far failed to build a case for it on much more than British interest alone.

As for London, the Ministry of Defence has built an equally unconvincing case and, perhaps worse for its security, one that exposes a deep reliance on an ally for its supposedly independent deterrent. The war in Ukraine and heightened tensions with Russia must not dictate unnecessary modernization spending.

Read this article:

America's new multibillion-dollar nuclear warhead is a great deal for the British - Bulletin of the Atomic Scientists

Northampton, MA --News Direct-- Entergy Corporation

Volunteering and giving are at the heart of our mission to power life, and our employees embody this commitment every day. In honor of National Volunteer Month a monthlong celebration recognizing volunteers and encouraging continued volunteerism in April we are shining a light on the selfless spirit of six employees who dedicate their time to give back in Arkansas, Louisiana, Mississippi, New Orleans and Texas.

Arkansas

Amy Sotomayer, ALARA specialists at Arkansas Nuclear One, is committed to volunteerism because she believes that it is not always where someone is from or where they have been it is about where they are going. She is driven to volunteer in her community because she wants to help create positive change for the future. She enjoys volunteering with the local school districts youth to help develop their leadership skills by hosting job fairs, teaching life skills and engaging in their academic success.

I am proud to be a part of a company that provides resources and dedicates their time to support the causes that mean so much to us. Whether it is working with students or engaging with the Special Olympics, Entergy does everything they can to help us be successful in giving back to our community.

Louisiana

Laura Beauchamp, director of resource planning and market operations in Louisiana, is committed to volunteerism because she enjoys building relationships with her community, neighbors and other employees at Entergy. One of her favorite volunteer events is working with the New Orleans Mission to serve Thanksgiving dinner to local members and those in need.

I am always encouraging my team and the teams around me to give back because that is how we ensure that we are all are providing a bright future for the next generation.

Mississippi

David Notbohm, director of continuous improvement in Mississippi, volunteers with Scouts BSA troops and the Sea Scout program to help members build life skills and confidence in the areas of science, technology, engineering, math and the outdoors.

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Ive been given so many opportunities to learn and gain skills in life and with my career. Working with youth allows me to pay it forward so they can receive the opportunities that I have experienced.

New Orleans

Abdul Yanusah, line superintendent in New Orleans, is committed to volunteerism because it gives him the opportunity to get out and meet neighbors and the people he helps provide power to. One of his favorite volunteer events includes partnering with Goodwill Industries and Central City Fellowship to pass out household essentials, such as cleaning supplies, hygiene products, diapers and meals to those in need.

As a New Orleans native, it is important for me to give back to an area where I grew up because I want to see us all thrive. I am grateful for the opportunity to power life in our neighbors homes and the community.

Texas

Brenda Davis, administrative assistant in Texas dedicates her time to volunteer with the Southeast Texas Food Bank, Field of Plenty, Orange County Texas Agri Life Extension and the Vidor High School Band Boosters. She has played a significant role in getting her co-workers involved in feeding those in need, teaching local youth kitchen safety and supporting the needs of the high school band.

"I could be the difference in whether someone is offered a service, provided food, mentored or shown a good role model. We can do so much more when we all work together, pulling in the same direction."

Corporate

Kenyon Webber, senior engineer in transmission, is committed to volunteering because she sees the positive impact that we have on communities when we all work together. She enjoys volunteering with STEM NOLA/STEM Global Action, Girl Scouts, the STEM Library Lab and STEM Goes Red at the American Heart Association.

I am passionate about showing students the wonders of STEM, careers in STEM and how to think critically. As a hometown champion, I want to relate to my community, meet them where they are and be a good neighbor.

We strive to contribute to a society that is healthy, educated, environmentally safe and productive. By showing the same enthusiasm for volunteerism as we do for providing customers with safe, reliable and affordable energy, Entergy employees demonstrate why they are known as the best in the industry.

During another year of uncertainty, employees and retirees remained dedicated to serving our communities by logging more than 100,000 volunteer hours in 2021, resulting in a $3.3 million economic impact to local economies. Approximately 1,800 of the total hours were dedicated to pro bono efforts, resulting in $477,000 of in-kind legal services.

Last year, our commitment to volunteerism helped earn the company recognition from Points of Light as one of the 50 most community-minded companies in the country for the sixth consecutive year. Entergy was also named to the 100 Best Corporate Citizens List by 3BL Media

View videos of Entergy volunteers celebrating National Volunteer Month.

View additional multimedia and more ESG storytelling from Entergy Corporation on 3blmedia.com

View source version on newsdirect.com: https://newsdirect.com/news/celebrating-entergy-employees-for-their-dedication-to-our-communities-282637299

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Celebrating Entergy Employees for Their Dedication to Our Communities - Yahoo Finance

The 140-member crew of U.S. Coast Guard Cutter Polar Star (WAGB 10) returned to the United States and entered dry dock Friday after completing a 147-day deployment in support of the U.S. Antarctic Program and national interests in Antarctica and the Southern Hemisphere.

The Polar Stars crew departed their Seattle homeport on Nov. 13, 2021 for the cutters 25th Operation Deep Freeze deployment and traveled 24,300 nautical miles to Antarctica and back.

This year marks the 66th iteration of Operation Deep Freeze, an annual joint military service mission in support of the National Science Foundation, the lead agency for the United States Antarctic Program. Since 1955, the U.S. Department of Defense and the Coast Guard have provided air and maritime support across and around the Antarctic continent.

The cutter made several international port calls including stops in Wellington and Lyttelton, New Zealand, and Hobart, Tasmania, Australia. Polar Stars crew hosted the U.S. Ambassador to New Zealand and members of the Royal New Zealand Navy while in New Zealand.

While in Antarctica, Polar Star transited through more than 450 miles of pack ice and broke a 37-mile channel through seven-foot thick fast ice to McMurdo Station to allow the safe transit and offload of supply vessels Ocean Giant and Maersk Peary.

Polar Star also partnered with the Royal New Zealand Navy to escort the ice-capable logistics ship HMNZS Aotearoa for its first trip to McMurdo Station.

Polar Star transited to the Bay of Whales Feb. 17, setting a record for the furthest south any vessel has navigated, reaching 78 degrees 44 minutes 1.32 seconds south latitude, keeping about 500 yards from the ever shifting Ross Ice Shelf. The cutter also surveyed 396 nautical miles of the ice shelf for future navigational use.

Polar Star spent a total of 65 days in Antarctica, making it the longest Operation Deep Freeze deployment completed by a Coast Guard polar icebreaker in 18 years.

After completing operations in Antarctica, Polar Star moored in Hobart and hosted the Governor of Tasmania, Barbara Baker, and U.S. Consul General Kathleen Lively, along with several other government and military officials that are dedicated to supporting scientific efforts in Antarctica.

I am so proud of this crew and their accomplishments, said Capt. William Woityra, commanding officer of the Polar Star. They overcame constant challenges to complete the mission and set records along the way. They epitomize the values on the Antarctica Service Medal: courage, sacrifice, and devotion. I can think of no better team to lead future expeditions and new icebreakers as the Coast Guard invests in Polar Security Cutters.

Polar Star did not return to its homeport of Seattle, instead the crew proceeded directly to dry dock in Vallejo, California, to immediately start work on the second phase of a five-year, $75 million Service Life Extension Program. The Coast Guard will replace antiquated technology to ensure the longevity of the nations only operational heavy icebreaker while in dry dock this year, supporting the Coast Guards enduring commitment to Antarctic operations.

The Coast Guard has been the sole provider of the nations polar-icebreaking capability since 1965. Commissioned in 1976, the Polar Star is the United States only operational heavy icebreaker. The Coast Guard is increasing its icebreaking fleet with construction of three new Polar Security Cutters (PSC) to ensure persistent national presence and reliable access to the Polar Regions. Coast Guard Commandant Adm. Karl L. Schultz revealed the name of the first PSC Coast Guard Cutter Polar Sentinel during his 2022 State of the Coast Guard Address.

Read more at USCG

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Nation's Sole Heavy Icebreaker Returns to the US After a 147-Day Antarctic Deployment - HS Today - HSToday

The new report titled Wellness Supplements Market Report helps clients to gain a better understanding of making intelligent and informed decisions about the Wellness Supplements industry. The report includes a detailed list of key players dominating the Wellness Supplements market by providing market feasible data sources and then further analysis. The comprehensive and quality reports are prepared with the goal of empowering clients with thorough knowledge of market capacity in a real-time marketplace.

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Wellness Supplements Market With Current Scenario and Industry Forecast to 2028 Political Beef - Political Beef

Versatility has always been the name of the hair game. Be it clip-ins, a fall, or extensions, women like to know that they have options. Lets be clear, hair is a fashion accessory and has been for centuries, and while hairstyles and pieces have evolved over the years, from the towering powdered coiffures of the 18th century to today's thick, luxurious yet natural look, the desire for body, length, and versatility has remained the same.

Most hairstylists and consumers still embrace the classic and traditional ways of achieving a long mane with bonding and sew-ins, but with technology constantly expanding in the world of hair, you now have different options to achieve the same results, says Tish Celestine, celebrity hairstylist and owner of LaBelle Boutique. Tape-ins can make life easier in some instances, and are popular among hair enthusiasts.

Sophia Alston, celebrity hairstylist and owner of Sophia Hair, explains, With tape-in hair extensions, there is no commitment; you can change the look from short to long instantly, and this is appealing for people who want an immediate change. These extensions provide many benefits as well. For instance, if you need more fullness, then tape-ins are a fast and easy way to create volume. They are also functional. You can wear your hair up in a ponytail or cascading down around your shoulders. The choice is yours, provided the hair is attached properly and you are doing regular hair-care maintenance, then your look should ultimately last you anywhere from six to eight weeks, says Alston.

Hairstylist and beauty industry executive Dani Tygr says that in addition to choosing the right hair for your desired look, it is also important to remember to choose the right licensed cosmetologist. Its going to all come down to the stylist and their education, not just the application, but consulting with extensions overall. What type of tape-in is the client seeking, and are they the right candidate to wear extensions? These questions must be at the forefront, as choosing the right extensions is the difference between having really bad hair damage and preserving your own hair.

Making the choice to get tape-ins is not completely cut-and-dried, but there is no need to worry; our beauty experts wouldnt dream of leaving you hanging. So we have compiled some of their top choices for your next salon experience. With these suggested brands, youll be showcasing new long and luxurious locks just in time for the summer.

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Considered global innovators of tape-in extensions, Hair Talk USA has groundbreaking technology and top quality 100 percent Remy human hair. Their patent-pending band style features a completely concealed adhesive band that is made to mimic the natural root and create a nearly invisible result, thus leaving, discreet, comfortable, and flawless natural body wave extensions that blend perfectly with your natural hair.

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These tape-in extensions are quick and easy to apply while lying extremely flat to the scalpa hassle-free option. There are no extra tools required to install this system besides a sectioning comb.

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ZALA tape-in human hair extensions pride themselves on using the latest technology in the hair industry. They make it possible to apply a full head of tape-in extensions in under 30 minutes.

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The Top 8 Tape-In Hair Extensions According to Experts - Oprah Mag

Results from pharmacokinetic/pharmacodynamic modeling demonstrated that binding affinity optimization of CS2006/NM21-1480 allowed optimal PD-L1 blockade and 4-1BB stimulation concomitantly, at a broad dose range thereby and facilitating dose-finding in the clinic

CS2006/NM21-1480 was efficacious as monotherapy in both hot and cold tumor models; combination with a CD3-T cell engager resulted in enhanced anti-tumor activity, with increased CD8-positive T memory cells within the tumor

These data provide translational support for the ongoing clinical development of CS2006/NM21-1480 as a potential best-in-class, next-generation immune-oncology agent

SUZHOU, China, April 13, 2022 /PRNewswire/ -- CStone Pharmaceuticals ("CStone", HKEX: 2616), a leading biopharmaceutical company focused on the research, development, and commercialization of innovative immuno-oncology therapies and precision medicines, today announced that the preclinical data of multi-specific antibody CS2006/NM21-1480 has been presented at the American Association for Cancer Research (AACR) Annual Meeting 2022.

Session: PO.IM02.09 - Therapeutic Antibodies 1

Date: April 12, 2022, 9:00 AM - 12:30 PM ET

Format: E-posters

Title: 2870/13-Dose selection investigations and combination strategies of NM21-1480, a PD-L1/4-1BB/HSA trispecific MATCH3 therapeutic clinical candidate

Presenter: Dr. Dan Snell

CS2006/NM21-1480 is a monovalent, tri-specific antibody-based molecule targeting PD-L1, 4-1BB, and human serum albumin (HSA). CS2006/NM21-1480 represents a leading class of broadly acting next-generation anti-PD-1/PD-L1 cancer immunotherapies and a new backbone molecule for tumor-specific combination therapies. CS2006/NM21-1480 is designed to bind to the immune co-stimulatory receptor 4-1BB and conditionally activate T cells only when engaging and blocking the checkpoint receptor ligand PD-L1 on the surface of tumor cells, potentially preventing the liver toxicities observed with previous anti-4-1BB agonistic antibodies.

Compared to other PD-L1/4-1BB bispecific antibody candidates, CS2006/NM21-1480's unique monovalent structure and ultra-high-affinity PD-L1-binding are designed to tap the synergistic potential of tumor-localized modulation of PD-L1 and 4-1BB. Furthermore, half-life extension via the HSA-binding is designed to enable convenient dosing schedules for patients. CS2006/NM21-1480 is anticipated to be effective against tumors with a wide range of PD-L1 expression levels and may overcome primary and/or acquired resistance to anti-PD-1/PD-L1 therapies.

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"The preclinical data of CS2006/NM21-1480 are encouraging and further demonstrate its potential to become a best-in-class anti-4-1BB agonist and next-generation immune checkpoint inhibitor. The bell-shape dose-response curve associated with this class of agents presents a unique challenge with dose-selection in the clinic. However, this concern seems to be alleviated by the fine affinity balance engineered in CS2006/NM21-1480 which allows optimal PD-L1 blockade and 4-1BB activation at the same time." Dr. Archie Tse, Chief Scientific Officer of CStone, said, "The first-in-human dose escalation study is ongoing in the United States, and patient enrollment has commenced in Taiwan, China. In addition, the investigational new drug application has been approved by the National Medical Products Administration of China and the clinical trial is underway. Moving forward, we will step up our efforts to drive research and development of CS2006/NM21-1480, and other pipeline assets to provide high-quality treatments for a wider range of cancer patients as soon as possible."

CS2006/NM21-1480 was discovered and engineered by Numab Therapeutics ("Numab"), CStone's partner, using its proprietary cap technology and MATCH platform. CStone and Numab signed an exclusive regional licensing agreement for the development and commercialization of the drug candidate. Pursuant to the terms of the licensing agreement, CStone will fund the research and development of CS2006/NM21-1480 up to completion of an initial Phase 1b clinical trial. In exchange, CStone obtains exclusive rights from Numab to develop and commercialize CS2006/NM21-1480 in Greater China (including Mainland China, Hong Kong, Macau, and Taiwan), South Korea, and Singapore. Numab retains all CS2006/NM21-1480 rights for the rest of the world. Upon completion of CStone's funding period, no further financial obligations will be owed by either party.

About CStone

CStone (HKEX: 2616) is a biopharmaceutical company focused on researching, developing, and commercializing innovative immuno-oncology and precision medicines to address the unmet medical needs of cancer patients in China and worldwide. Established in 2015, CStone has assembled a world-class management team with extensive experience in innovative drug development, clinical research, and commercialization. The company has built an oncology-focused pipeline of 15 drug candidates with a strategic emphasis on immuno-oncology combination therapies. Currently, CStone has received seven NDA approvals for four drugs. Multiple late-stage drug candidates are now under pivotal clinical trials or registration. CStone's vision is to become globally recognized as a world-renowned biopharmaceutical company by bringing innovative oncology therapies to cancer patients worldwide.

For more information about CStone, please visit http://www.cstonepharma.com.

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CStone Announces Presentation of Preclinical data on a Multi-Specific Antibody-based Therapeutic Candidate CS2006/NM21-1480 at the American...