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PMI Announces Medicago to Supply Up to 76 Million Doses of Its Plant-Derived COVID-19 Vaccine Candidate

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Since 2008, Philip Morris Investments B.V. (PMIBV), a subsidiary of Philip Morris International (PMI) (NYSE: PM), has been a shareholder of Medicago (in which it currently holds an approximately one-third equity stake) and has supported Medicagos innovative plant-derived research and development focused on vaccines. The investment is consistent with PMIs own efforts to leverage science and innovation. Japan-based Mitsubishi Tanabe Pharma Corporation (MTPC) is the majority shareholder and PMIBVs partner in Medicago. Among other things, PMIBV and MTPC will contribute additional funding to support Medicagos efforts to develop a COVID-19 vaccine candidate.

Medicago, a biopharmaceutical company headquartered in Quebec City, announced that it reached an agreement with Public Services and Procurement Canada (PSPC) to supply up to 76 million doses of its vaccine candidate for COVID-19, subject to Health Canada approval. Innovation, Science & Economic Development (ISED), another department of the Canadian federal government, will contribute C$173M (or approximately $131M) to Medicago to support its on-going vaccine development and clinical trials, and for the construction of its Quebec City manufacturing facility.

PMIs CEO Andr Calantzopoulos said: We welcome the collaboration announced between two departments of the Canadian government and Medicago to accelerate its efforts against COVID-19. Better outcomes can be achieved when governments and companies join efforts to promote shared objectives for the greater good. We are pleased to be able to support Medicagos work to develop, substantiate, manufacture, and make available a COVID-19 vaccine candidate. We all hope they will be successful.

Medicago began Phase 1 testing on volunteers on July 14 and is anticipating that Phase 2 trials will begin in early November 2020. If Phase 2 trials are successful, Phase 3 trials are expected to begin in December 2020.

Philip Morris International: Delivering a Smoke-Free Future

Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company, and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. In addition, PMI ships a version of its IQOS Platform 1 device and its consumables to Altria Group, Inc. for sale under license in the U.S., where the U.S. Food and Drug Administration (FDA) has authorized their marketing as a modified risk tobacco product (MRTP), finding that an exposure modification order for these products is appropriate to promote the public health. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMIs smoke-free product portfolio includes heat-not-burn and nicotine-containing vapor products. As of September 30, 2020, PMI estimates that approximately 11.7 million adult smokers around the world have already stopped smoking and switched to PMIs heat-not-burn product, available for sale in 61 markets in key cities or nationwide under the IQOS brand. For more information, please visit www.pmi.com and www.pmiscience.com.

# # #

Philip Morris International

David Fraser

T. +41 (0)79 843 8603

E. [email protected]

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Shanxi Shows Its New Charm of Cultural and Tourism Integration at China International Travel Mart 2020

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HONG KONG SAR – Media OutReach – 16 November 2020 – The China International Travel Mart 2020 (CITM 2020), co-sponsored by the Ministry of Culture and Tourism, Civil Aviation Administration of China, and the Shanghai Municipal People’s Government, will kick off at the Shanghai New International Expo Center from November 16th to 18th. With the theme of “Ancient Civilization of China · Beautiful Scenery of Shanxi”, Culture and Tourism Department of Shanxi Province will fully display Shanxi’s rich cultural tourism resources and products, such as “three world heritages” and three tourism sectors which are “the Yellow River, the Great Wall, and the Taihang Mountains”, showing its unique charm to the world.

 

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Shanxi gets its name for being located in the west of Taihang Mountains. Its unique natural geographical conditions gestate magnificent scenery of Shanxi. The Yellow River ranked as the second-longest river in China, flows through 4 cities and 19 counties in Shanxi Province, forming the Hukou Waterfall, Qiankun Bay, Laoniu Bay, and other spectacular scenery. The beautiful landscape along the Taihang Mountains, represented by Hengshan Mountain, Taihang Grand Canyon, and Mount Wangmang, makes its four seasons as beautiful as paintings.


Shanxi Province, known as one of the cradles of Chinese civilization and one of the major provinces of Chinese culture, has left us numerous scenic spots, historical sites, and cultural treasures in the long history of thousands of years. The stories of Yao, Shun and Yu and their historical sites and remains have proven that it was the first place called “China”. Mount Wutai, the holy land of Buddhism, Pingyao Ancient City, and the Yungang Grottoes, one of the greatest ancient stone carving art treasure houses, are World Heritage Sites in Shanxi. The Great Wall, as the most recognizable cultural symbol of China, stretches 8,851 km (5500.3 mi), with 3,500 km (2175 mi) of that run across Shanxi Province. What’s more, intangible cultural heritages and food feasts throughout Shanxi make its cultural tourism brand image richer and livelier.


We do believe that the Culture and Tourism Department of Shanxi Province will bring Shanxi’s ancient Chinese civilizations and beautiful scenery to people from home and abroad with impressive results at the mart.

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Beyond Meat Introduces Brand New Beyond Pork™ Product in China

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  • The plant-based minced pork is Beyond Meat’s latest cutting-edge innovation and the company’s first product developed specifically for the Chinese market
  • From Nov. 18-24, Shanghai foodies can be the first to try Beyond Pork at five popular Shanghai restaurants 

SHANGHAI, CHINA – Media OutReach – 19 November 2020 – Beyond Meat, Inc. (NASDAQ: BYND), a pioneer in plant-based meat, is announcing its latest product innovation: Beyond Pork™. Designed to deliver the sumptuous taste, juicy texture and culinary versatility similar to traditional minced pork, Beyond Pork was created specifically for the Chinese market and is the next step forward in Beyond Meat’s commitment to creating high-quality products that meet consumers’ demand for delicious, nutritious and sustainable protein.

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The introduction of Beyond Pork follows the successful launches of the Beyond Burger® and Beyond Beef™ in mainland China and comes at a time when interest in plant-based meat is growing in China and around the world. Pork is the most popular meat in China and the country ranks among the highest pork consumption rates in the world[1], making it an excellent location for the unveiling of Beyond Pork. The development of Beyond Pork was a global collaboration between dedicated Beyond Meat teams in Los Angeles and Shanghai. In addition, Beyond Meat conducted multiple sensory tests in China to get direct consumer feedback toward perfecting the product. The result? Beyond Pork was a fan favorite among consumers for its ability to mirror the mouthwatering umami flavor, texture and aroma of animal-based minced pork, while offering the added health and environmental benefits of plant-based meat.

“We’re excited to launch Beyond Pork in China, marking a milestone for Beyond Meat as we are not only launching an entirely new product innovation, but our first plant-based meat product created specifically for the Chinese market,” said Candy Chan, China General Manager, Beyond Meat. “With Beyond Pork, Beyond Meat is providing even more delicious options for consumers to continue to eat their favorite dishes while enjoying the added nutritional and environmental benefits of plant-based meat. Beyond Pork’s exclusive debut in China furthers Beyond Meat’s commitment to this important market and its vision for plant-based meat to continue winning the hearts (and mouths) of Chinese consumers.”

Minced pork is featured in many Chinese dishes, making China the perfect place for Beyond Pork to show off its potential. From dumplings and mapo tofu to zhajiang noodles and lion’s head meatballs, Beyond Pork delivers the meaty taste and texture that Chinese consumers crave but with about 50% less saturated and total fat[2]. Made from simple plant-based ingredients, like rice and soybeans, Beyond Pork offers a rich source of protein with 18.5g per 100g serving and has no antibiotics or hormones.

To celebrate the launch of Beyond Pork, Beyond Meat is partnering with five popular restaurants in Shanghai, one of China’s food capitals. The roster of partner restaurants features some of the hottest names in Shanghai’s food scene, including Egg, Moménti, RAC, Solo X, and Tun Wang. 

“I was very impressed the first time I tried Beyond Pork; I even thought the chef must have actually used traditional animal pork mince by mistake. I think our fans are going to be very impressed when they try it — I bet they won’t even be able to tell the difference either,” said Simon Briens, Co-Founder of RAC restaurant.

Chefs from the five restaurants all joined a special VIP launch event on 17 November to unveil their dishes at the TX Huaihai Mall in Shanghai. Each chef was tasked with using Beyond Pork as they would animal-based minced pork, and their dishes ranged from RAC’s Beyond Pork Spicy Bolognaise to Tun Wang’s Beyond Pork and Shiitake Wonton Noodles. By working with five outstanding restaurants at the same time, Beyond Meat can showcase the wide variety of dishes that Beyond Pork can be used in with delicious results each time. Consumers in Shanghai will be able to enjoy the Beyond Pork special menu items in each of the five restaurants for a limited time (18 to 24 November). Follow Beyond Meat on Weibo or WeChat for the latest news and updates for Beyond Pork and other exciting happenings.



[2] Compared to common 70/30 minced pork; Per 100g serving Beyond Pork has 15g total fat and 5g saturated fat

About Beyond Meat

Beyond Meat, Inc. (NASDAQ: BYND) is a global protein company, offering a portfolio of revolutionary plant-based meats. Founded in 2009, Beyond Meat products are made from simple, plant-based ingredients and designed to have the same taste and texture as animal-based meat, while being better for people and the planet. Beyond Meat’s brand commitment, Eat What You Love™, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based meat, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. As of September 26, 2020, Beyond Meat had products available at approximately 122,000 retail and foodservice outlets in over 80 countries worldwide. Visit beyondmeatchina.com.cn, follow @别样肉客BeyondMeat on Sina Weibo, and scan the QR code below to follow us on WeChat.

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Forward Looking Statements

Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 19, 2020, and the Company’s Quarterly Report on Form 10-Q for the quarter ended September 26, 2020 filed with the SEC on November 9, 2020, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.

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Trend Micro IPS Rules Integrate with AWS Network Firewall

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Customers get trusted protection for easy-to-manage, scalable network security

 

HONG KONG SAR – Media OutReach – 18 November 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today announced it is a Launch Partner for AWS Network Firewall, a managed service that makes it easy to deploy essential network protections for all of your Amazon Virtual Private Clouds (Amazon VPCs) on Amazon Web Services (AWS). As a Launch Partner, Trend Micro has integrated managed threat intelligence feeds from its cloud security solution to enable superior protection inline with this new AWS managed firewall service.

As digital transformation is accelerating globally, businesses consider how to strategically protect their cloud environments while maintaining scalability and minimizing friction. See how Trend Micro continuously works to provide easy to manage, scalable cloud security solutions to support AWS customers as an AWS Advanced Technology Partner: www.trendmicro.com/aws.

According to Gartner, “In the past, organizations deployed more than one firewall brand at the perimeter or in front of the demilitarized zone with an aim to provide an overlap of capability in case a single product could not be relied on… While this argument has some merit — back doors and vulnerabilities occasionally happen — implementing multiple firewalls increases management complexity and the potential for human error, reduces scalability, and increases operational costs.[1]

Trend Micro’s built-in IPS intelligence will inspect traffic for malicious intent so that the firewall can stop threats before they get a foothold in a virtual private cloud. Together, AWS and Trend Micro offer a simple, scalable service with reliable protection that does not require any infrastructure management.

“Our customers asked for the ability to manage network security at scale, and we are thrilled to deliver just that,” said Andrew Thomas, General Manager, Perimeter Protection, Amazon Web Services, Inc. “This low friction network firewall functionality is bolstered by AWS Partners like Trend Micro, who has stepped up to deliver additional layers of protection for customers through integration with AWS Network Firewall.”

“We are proud to help customers adopt more advanced security capabilities with less heavy lifting,” said Steve Quane, chief product officer for Trend Micro. “The approach of traditional NGFW vendors to the cloud has not been scalable and has created unnecessary pains for customers. With AWS reducing customer friction at the infrastructure layer, we’re excited to help raise the bar for baseline network level protections by delivering our leading threat intelligence enforced through integration with AWS Network Firewall.”

Trend Micro offers complete, industry-leading hybrid cloud security solutions to simplify protection of business data in AWS environments. This includes additional network security as well as protection for cloud native services, file object storage and cloud-based applications. Trend Micro’s threat intelligence will be available free with easy deployment for AWS Network Firewall customers.



[1] Gartner, Control Network Security Complexity, Inefficiencies and Security Failures by Minimizing Firewall Diversity, March 27, 2020

About Trend Micro

Trend Micro, a global leader in cybersecurity, helps make the world safe for exchanging digital information. Leveraging over 30 years of security expertise, global threat research, and continuous innovation, Trend Micro enables resilience for businesses, governments, and consumers with connected solutions across cloud workloads, endpoints, email, IIoT, and networks. Our XGen™ security strategy powers our solutions with a cross-generational blend of threat-defense techniques that are optimized for key environments and leverage shared threat intelligence for better, faster protection. With over 6,700 employees in 65 countries, and the world’s most advanced global threat research and intelligence, Trend Micro enables organizations to secure their connected world www.trendmicro.com.hk.

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