EIB supports AB Science in its COVID-19 development programme

Paris, 30 November 2020, 7am 

EIB supports AB Science in its COVID-19 development programme

  • Financing deal worth €15.0 million signed to support clinical development programme for masitinib
  • Masitinib developed as a credible candidate for treating COVID-19 in addition to other diseases for which no therapeutic solutions are available

AB Science SA (Euronext – FR0010557264 – AB) and the European Investment Bank (the EIB) are pleased to announce the signing of a loan agreement totalling €15.0 million (the COVID-19 loan) today.

This agreement will enable AB Science to fund the clinical development programme evaluating masitinib as a treatment for COVID-19.

Masitinib might be an effective treatment for COVID-19 due to its recently discovered dual mechanism allowing it to act as both an anti-inflammatory and an antiviral agent. Masitinib directly inhibits the 3CL protease, the main protease of SARS-CoV-2 directly involved in the replication of the virus.

This initial partnership

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Sadara conducts its first-ever technical event as part of its Technical Enrichment Programme | United Arab Emirates | Petrochemicals

Sadara executive management, engineers and other professionals gathered earlier this month for their first Technical Day event – a platform connecting Sadara’s professionals to exchange expertise, innovative ideas and success stories. The event was conducted as a major part of the new Sadara Technical Enrichment Programme (STEP), and due to the coronavirus pandemic, it was a virtual one, made possible by the very latest digital technologies.

The Sadara Technical Enrichment Programme (STEP) is a new initiative launched in early 2020 to provide an opportunity to share technical knowledge, innovation and expertise among the company’s professionals. STEP aims to boost the sharing of technical knowledge in different fields and thereby support Sadara’s journey toward being a world-class, leading organisation.

The 2-day live event featured keynote speeches from Sadara senior management and external guest speakers, technical paper presentations from Sadara employees, presentations from external guest speakers and interactive virtual training sessions. The

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Singapore School of Science and Technology and Ngee Ann Poly to launch Integrated Diploma Programme, Parenting & Education News & Top Stories

SINGAPORE – The Singapore School of Science and Technology (SST) and Ngee Ann Polytechnic (NP) will be launching a pilot Integrated Diploma Programme (IDP).

It is for students who are strong academically and display an aptitude in applied Science, technology, engineering, as well as mathematics (Stem). They must also want to pursue a polytechnic education.

Under the programme, students from SST will progress directly to a Stem course in NP without having to sit the O levels.

The IDP was announced by Education Minister Lawrence Wong on Tuesday (Nov 17) at SST’s 10th anniversary celebrations, which was held virtually.

SST is a specialised independent school that offers a four-year secondary O-level programme, with a focus on applied learning in the fields of science, technology, engineering, aesthetics and mathematics.

The applied learning approach is to connect theoretical concepts to real life applications.

There are three other specialised independent schools in Singapore

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Festi hf.: Buy-back programme week 45

In week 45 Festi purchased in total 750.000 own shares for total amount of 114.093.750 ISK as follows:







Own shares total





Share price


at end of day













22.837.500 kr







23.025.000 kr







11.550.000 kr







11.568.750 kr







22.612.500 kr







22.500.000 kr














114.093.750 kr


This announcement of purchase of own shares is in accordance with the buy-back programme announced 4 October 2020 to Nasdaq OMX Iceland. The programme envisages the buy-back of a total of 4.000.000 own shares or 1.2% of the issued shares, with the cap of 600 million ISK purchase price.

Before the purchase Festi held 5.645.407 own shares or 1.70% of issued shares. Festi has now

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Leadership programme exposes teachers and children to science

Ross Intermediate School pupil Nevaeh Shaw, 12, investigates the surface tension of water at a science festival.

David Unwin/Stuff

Ross Intermediate School pupil Nevaeh Shaw, 12, investigates the surface tension of water at a science festival.

Palmerston North teachers have celebrated bringing science expertise into schools with a festival.

In recent years, teachers from schools in the Palmerston North East Community of Learning, a group of schools which work together, have been attending the Royal Society science teachers leadership programme.

To show what work teachers from the community of learning had been doing with students, they held a science, technology, engineering and maths festival at Terrace End School on Thursday, where schools displayed their projects.

Freyberg High School’s head of science Mairi Borthwick works across the schools in the group.

* Manawatū secondary schools short in specialist subjects
* Manawatū parents want more life skills taught in schools
* Moves are made to engage young people in politics

She said the community of learning four

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Bringing In a Seamless Technology-Based Hiring Programme for Gig Workers

5 min read

Opinions expressed by Entrepreneur contributors are their own.

You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

With the pandemic around the world restricting our movement and physical behavior, how do you ensure large-scale hiring of gig workers? Gig economy is one of the few sectors gaining demand and to match the supply it must have a quick and efficient on-boarding process.

The traditional hiring methodologies are passé, to speak the least as they don’t support the scale of hiring gig workers. The unstructured and manual verification processes cannot provide quality assessment of the on-boarded workers. This is true across the industry—cab aggregation, food delivery, logistics or professional service marketplace.

The challenge

Gig economy companies need to hire verified workers with clean background to mitigate risks of employee fraud or customer harassment. The challenge is that delay in on-boarding means potential business loss.

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Marie Sklodowska-Curie Fellowship Programme Attracts Interest from Students and Donors

Over 550 candidates from more than 90 countries submitted applications to the IAEA Marie Sklodowska‑Curie Fellowship Programme (MSCFP) by the 11 October deadline. The fellowship aims to increase the participation of women in nuclear science by providing scholarships in nuclear related subjects to 100 graduate students per year. At the same time, six more donors have announced financial and in-kind support to the initiative.

“We are extremely pleased to see great interest in the programme,” said Mikhail Chudakov, Deputy Director General and Head of the Department of Nuclear Energy, which runs the fellowship programme. “Enabling more women today to study and excel in nuclear engineering and operations, nuclear medicine, radiation protection and other nuclear related fields will lead to more women in leadership positions in the field tomorrow. This is the first step towards that goal.”

Fellows will receive up to €10 000 per year towards the cost of tuition

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Galway Science & Technology Festival announces 2020 programme

The Galway Science and Technology Festival (GSTF ), as part of SFI’s National Science Week, returns this November as a virtual event, but promises to capture all of its usual fun and excitement.

The Festival will run for two weeks from November 8, and this year offers all primary schools in Galway City and County the chance to participate with many exciting workshops. The culmination of the Festival will be in the ‘e-Exhibition’, an interactive, online production on Sunday, 22nd November featuring special presenters, STEAM demonstrations and fun activities for the whole family to watch and enjoy together.

Now in its 23rd year, the festival educates, inspires and motivates Galway to be curious about the world around us, and to nurture in students of all ages an interest in Science, Technology, Engineering, Maths and Medicine (STEMM ).

The programme will feature ‘Career Stories’ and Cisco Webex streamed workshops for TY

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