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Essential Role of Ultrapure Dialysis Fluid Highlighted on World Patient Safety Day

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Fresenius Medical Care, the worlds leading provider of dialysis products and services, today announced the launch of the organizations first World Patient Safety Day initiative to raise awareness of the importance of ultrapure dialysis fluid for developing economies across Asia Pacific. On 17 September each year, the World Health Organization (WHO), international partners and all countries commemorate World Patient Safety Day: a day that aims to increase global awareness of the need to protect patients in healthcare settings. Fresenius Medical Care Asia Pacific has chosen this important day to highlight the crucial role that ultrapure dialysis fluid (UPDF) plays in reducing morbidity and mortality in hemodialysis (HD) patients,1 and to launch a multi-year initiative providing ongoing healthcare professional education to increase the uptake of high-quality dialysis fluid.

Water is an essentialrequirement for HD and patients are highly vulnerable to contaminants that may be present in that water.2 This means that the quality of water used for dialysis fluid is critical and has led to the use of UPDF, ­­which is defined by the ISO organization as containing <0.1 colony-forming unit/ml (CFU/ml) using sensitive microbiological methods and <0.03 endotoxin unit/ml (EU/ml).1

Studies have demonstrated that the use of UPDF prevents inflammation and its detrimental biological and clinical consequences, as well as better preserving residual renal function in HD patients.1 Further, the use of UPDF is associated with a lower risk of infection and inflammation, and significant reductions in cardiovascular events, morbidity and mortality.1,3,4 However, in developing countries, UPDF is not always used, with the low quality of dialysis fluid having potential negative outcomes for patients.5 A survey reviewingthe quality of dialysis fluid in dialysis facilities in Vietnam and Cambodia found that the endotoxin level in only two of the four facilities surveyed was satisfactory, while the bacterial counts in dialysis fluids were not acceptable in any of the facilities surveyed.5 The studys authors concluded that there was an urgent need for developing countries to educate healthcare workers in preparing endotoxin-free dialysis fluid.5 Furthermore, there is good evidence that UPDF is technically and economically feasible for most dialysis centers, with the additional costs offset by indirect and direct health benefits.1

The International Organization for Standardization (ISO) has developed a series of standards for the quality of dialysis fluid and concentrates. Notably, Fresenius Medical Cares complete portfolio of products “ from water treatment systems, dialysis concentrates, dialysis machines and filters “ are aligned with these standards. By driving awareness and adoption of the ISO standards, we are helping to enhance the safety of patients, protecting them from the risks associated with impure water and improperly prepared dialysis fluid, said Mr. Harry de Wit, CEO of Fresenius Medical Care Asia Pacific. We have chosen World Patient Safety Day to highlight the importance of this issue.

The company will utilize a series of educational initiatives with input from company and external experts presenting on different aspects of UPDF and the ISO standards. These will begin with an online symposium presented on World Patient Safety Day, ˜Does Ultrapure Dialysis Fluid Matter in Hemodialysis? and publication of a white paper, ˜Turning the tide: Maintaining water quality for dialysis through an ISO framework, which healthcare professionals, dialysis technicians and engineers can obtain from their local Fresenius Medical Care representative.

Key panelist on the symposium, Dr. Titus Lau, Senior Consultant, Program Director for Hemodialysis at National University Hospital, Singapore, spoke to the urgency of this initiative: High quality dialysis fluid is a basic component of good hemodialysis treatment. Ensuring microbial purity and electrolyte consistency is crucial and must be an integral part of the management of any dialysis unit. The existing technology makes ultrapure dialysis fluid attainable and dialysis providers should make an intentional effort towards this level of water quality to ensure the best possible outcomes for all their patients. It is certainly appropriate for Fresenius Medical Care to conduct this online symposium as part of the activities on World Patient Safety Day to help focus on a less visible component of dialysis care but one that is certainly of great importance.

For more information about Ultrapure Dialysis Fluid, please visit: https://bit.ly/3moMk0Q

About the online symposium

The online symposium Does Ultrapure Dialysis Fluid Matter in Hemodialysis? will be held at 1:00 “ 2:30pm HKT (UTC/GMT+8) on World Patient Safety Day, 17 September (Thu). Registration can be done here.

For further information, please contact:

Dr Alexandra Villar: [email protected]

References

  1. Canaud, B. and Lertdumrongluk, P. Ultrapure Dialysis Fluid: A New Standard for Contemporary Hemodialysis. Nephro-Urology Monthly. 2012;4(3),519-523.
  2. Lucena, R., Boccato, C., Vienken, J., & Evans, D. Water and Dialysis Fluids: A Quality Management Guide. 2015. https://doi.org/10.13140/RG.2.1.3595.8485
  3. Gandrapu B. and Henner DE. (2017) Does Ultrapure Dialysis Fluid improve Quality of Life in Hemodialysis Patients?. Enliven: Nephrology and Renal Studies 4(1): 002.
  4. Nguyen DB., et al. Hemodialysis-Associated Infections. Chronic Kidney Disease, Dialysis, and Transplantation. 2019;389-410.e8.
  5. Naramura, T., et al. Dialysis and Quality of Dialysate in Southeast Asian Developing Countries. Nephron Extra. 2014;4(1),64-69.

ABOUT FRESENIUS MEDICAL CARE

Fresenius Medical Care is the world’s leading provider of products and services for individuals with renal diseases of which around 3.5 million patients worldwide regularly undergo dialysis treatment. Through its network of 4,036 dialysis clinics, Fresenius Medical Care provides dialysis treatments for 347,683 patients around the globe. Fresenius Medical Care is also the leading provider of dialysis products such as dialysis machines or dialyzers. Along with the core business, the company focuses on expanding the range of related medical services in the field of Care Coordination. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock Exchange (FMS). For more information, please visit the companys website: www.freseniusmedicalcare.asia.

DISCLAIMER

This release contains forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to various factors, including, but not limited to, changes in business, economic and competitive conditions, legal changes, regulatory approvals, results of clinical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Fresenius Medical Care AG & Co. KGaA’s reports filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.

Media

Dr. Alexandra Villar

Vice President

Corporate Communications and Branding

Asia Pacific

Fresenius Medical Care

Northpoint, 100 Miller Street

North Sydney, NSW 2060

Australia

T +61 2 9466 8020

[email protected]

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IT Tech Packaging, Inc. Advances Additional Orders Negotiation with One of Its Top 5 Customers

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BAODING, China, Sept. 24, 2020 /PRNewswire/ — IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that the Company is advancing negotiation with one of its top 5 customers, based in Shandong Province for orders of the paper products. The customer is currently ranked among the top 5 customers of the Company during the past couple of years.

Based on the negotiation, the Company and the customer will further cooperate on products supply and purchase in the next quarters and definitive new contracts are expected to be signed by the end of the year. Based on its increasing clients’ demand, the customer will continue to increase its purchase orders from the Company.

Mr. Zhenyong Liu, Chairman and Chief Executive Officer of IT Tech Packaging commented, "We are pleased with the negotiation with the customer for further partnership. As Chinese economy recovers from the COVID-19 epidemic with an amazing pace, our top clients such as companies focusing on printing and packaging are also receiving amount of orders and some even have backlog of orders, so they push forward the negotiations for raw materials and increase purchase volume of our products. We appreciate their confidence in our products as well as efficiency of delivery. We hope the stable partnership between us will continue contributing considerable revenue stream in the upcoming quarters."

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE American since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company’s public filings with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
[email protected]
Tel: +86 0312 8698215

Investor Relations:
Janice Wang
+86-138-1176-8559
+1-908-510-2351
EverGreen Consulting Inc.
Email: [email protected]

Related Links :

http://www.itpackaging.cn/

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DevOps World 2020 Award Winners Announced

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DEVOPS WORLD 2020CloudBees, Inc., the enterprise software delivery company, today announced the winners of its annual DevOps World Awards. Three sets of awards were given, honoring the outstanding achievements of CloudBees customers and contributors who have gone above and beyond in supporting the Jenkins and Jenkins X open source projects. The categories, which each have their own subcategories, include: CloudBees Innovation Awards, Jenkins Community Awards and Jenkins X Community Awards.

CLOUDBEES INNOVATION AWARDS

These awards honor companies that are achieving outstanding business results and returning value to their organizations using CloudBees solutions.

The winners are:

  • BNP Paribas CIB, for DevOps Automation Excellence. This award is presented to the customer that exemplifies the most outstanding automated DevOps process across a team or organization.
  • Capital One, for DevOps Scalability Achievement. This award is presented to the customer demonstrating the most outstanding highly-scaled continuous delivery and DevOps implementation across a team or organization.
  • Nationwide Building Society, for DevOps Rising Star. This award recognizes a company that has embarked on a DevOps transformation and has achieved impressive results right out of the gate, within the last year.
  • Internal Revenue Service (IRS) and Citizant (Prime Contractor), for Diversity in DevOps. This award recognizes an organization that has done two things: (1) Implemented diversity and inclusion practices within its DevOps community that embrace the uniqueness of all employees, and (2) Adopted practices that empower and celebrate team members to spur innovation and stronger business outcomes.

Every year, our panel comes away more impressed than ever by the innovative ways our customers are using technology to generate value across their software delivery systems, said Sacha Labourey, CEO and co-founder of CloudBees. This years award winners set a new standard for excellence and innovation in the use of DevOps.

JENKINS COMMUNITY AWARDS, JENKINS X COMMUNITY AWARDS

These awards celebrate individual contributors and their efforts within the Jenkins and Jenkins X projects.

The 2020 Jenkins Community Award winners are:

  • Tim Jacomb, from the United Kingdom, was recognized as Most Valuable Jenkins Contributor. The award is presented to an individual who has contributed to the Jenkins project the most through new features, bug fixes or plugin development efforts.
  • James Holderness, from the United Kingdom, was named Jenkins Security MVP, honored for most consistently providing excellent security reports or resolving security issues.
  • Marky Jackson, from the United States, earned the title of Most Valuable Jenkins Advocate, recognizing the individual who helped advocate for Jenkins through organization of a local Jenkins Area Meet­up(s) and Jenkins-related events.

The 2020 Jenkins X Community Award winners are:

  • Ankit Mohapatra, from the United States, was named Most Valuable Jenkins X New Contributor, presented to an individual who did their first contribution since this award category was first introduced at DevOps World last year, in August 2019.
  • Terry Cox, from the United Kingdom, received the award for Most Innovative Jenkins X Implementation, presented to an innovative individual who has embraced Jenkins X.

The Jenkins and Jenkins X communities are among the most active, committed and dedicated advocates for technology youll find anywhere, said Tracy Miranda, executive director of the Continuous Delivery Foundation. We are proud to have the DevOps World 2020 Awards shine a light on just a few of the many amazing contributions these communities make day after day, year after year.

Additional Resources

  • The CloudBees Innovation Award winners will be announced during the Day 3 opening keynote, The Power of Community.
  • The Community Awards winners will be announced during a session called Jenkins and Jenkins X Community Awards, on Thursday, September 24, at 9am PST.
  • See event agenda here: https://sessions.devopsworld.com/sessions.

About CloudBees

CloudBees, the enterprise software delivery company, provides the industrys leading DevOps technology platform. CloudBees enables developers to focus on what they do best: Build stuff that matters, while providing peace of mind to management with powerful risk mitigation, compliance and governance tools. Used by many of the Fortune 100, CloudBees is helping thousands of companies harness the power of continuous everything and gets them on the fastest path from a great idea, to great software, to amazing customer experiences, to being a business that changes lives.

Backed by Matrix Partners, Lightspeed Venture Partners, Verizon Ventures, Delta-v Capital, Golub Capital and Unusual Ventures, CloudBees was founded in 2010 by former JBoss CTO Sacha Labourey and an elite team of continuous integration, continuous delivery and DevOps professionals. Follow CloudBees on Twitter, LinkedIn and Facebook.

Media Contact

Sydney Holmquist

PAN Communications

+1.407.734.7327

[email protected]

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Latin America Is Considered One of the Best Regions to Invest After the Economic Crisis

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The outlook for Latin America remains challenging due to increased Covid-19 related debt (USD 34.8bn YTD) and significant structural reforms being debated by congresses across the region. Even as economies are slowly starting to rebound, the region faces high levels of contagion. Credicorp Capital Asset Management (CCAM) sees volatility and increasing opportunities ahead in the region.

Dario Valdizan Head of Buy Side Research at Credicorp Capital expects that, China’s fixed asset investment related growth will be supportive of an increasing demand for copper and iron ore, favoring countries like Chile and Peru. On the demand front, we see a more efficient deployment of government assistance in Brazil combined with a higher penetration of e-commerce as supportive backdrop to consumer staples.

Furthermore, he stated that, Although we expect sovereigns credit metrics to deteriorate, we do not foresee Latin Americas sovereign bonds losing their Investment Grade (IG) with the exceptions of Mexico and Colombia (which we expect to lose their IGs in the next 18 months). On the Corporate debt front, he mentioned that Latin America corporations were well prepared for the crisis with low debt ratios and solid balance sheets. Latin America’s Corporate spreads are more attractive compared to those of US or other Emerging Markets, even after the fast recovery from their peak reached in March at 880bps. CCAM prefers names in the consumer non-discretionary industry and the utilities sector for their resilience during this crisis.

When dealing with Covid-19, two distinct tactics emerged in Latin America. On one hand, the proactive, centralized government approach used by the Andean countries (Chile, Colombia and Peru) entailed drastic lockdowns and constant communications with regards to Covid-19 associated risks. On the other hand, Brazil and Mexico implemented decentralized approaches led by governors. This was possible due to their federal government structures. While Brazil implemented a robust fiscal and monetary response, Mexicos response involved an expanded role of its Central Bank beyond that of lender of last resort. As both presidents minimized the possible dangers of the pandemic, neither country addressed the impending health consequences, which is reflected in the contagion and death levels.

As countries have started to reopen their economies, investors have turned their attention to measuring mobility indicators in an attempt to gauge the velocity of a potential recovery. Full economic recovery hinges on governments abilities to identify and reach those parts of their populations requiring assistance. Countries with mature digital, health, and government infrastructures are at a distinct advantage while those lacking in it are at risk of a permanent second wave until a vaccine is developed and distributed.

About us

Credicorp Capital is part of Credicorp Ltd., the leading and largest financial holding company in Peru with more than 130 years of history, which is listed on the New York Stock Exchange (NYSE: BAP) and has a market capitalization of USD 20.12 billion *.Credicorp Capital is one of the subsidiaries of the holding Credicorp Ltd., which groups together BCP, Prima, Pac­fico, Mibanco, Krealo and Credicorp Capital. It is also a holding company dedicated to providing financial services that arose from the consolidation of three leading Latin American corporations in Colombia, Chile and Peru. Additionally, it is a regional platform dedicated to providing financial advisory services. Today, it has a presence in 5 countries, Colombia, Chile, Peru, USA and United Kingdom, more than 1,500 employees and USD 30.7 billion ** of Assets Under Advisory/Management.

* Source: Credicorp / Information at the end of 2019, considering an exchange rate of USD 3.34

** Source: Credicorp Capital / Information at the end of 2019 (includes assets under custody managed by the Wealth Management team)

Diana Carolina Enriquez Avilez

[email protected]

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Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
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