Latest news with #DPG
Time Out
3 days ago
- Entertainment
- Time Out
All the spectacular winning shots of the UN World Oceans Day photo competition
Step right this way for some stunning snapshots of our waters and their wildlife They say we know more about outer space than we do about the ocean, but something that we can all agree on when it comes to our seas is that they are pretty magnificent – and in dire need of protection. To showcase them at their very best, a photo competition is held annually to align with the UN World Oceans Day, which is a collaboration between the UN Division for Ocean Affairs and the Law of the Sea, DPG, Oceanic Global, and the Intergovernmental Oceanographic Commission of UNESCO. The winners for this year's edition have just been announced, and they're seriously mesmerising. Recommended: In pictures: the winners of the Comedy Wildlife Photography Awards. There were three returning categories: 'big and small water faces', 'underwater seascapes' and 'above water seascapes', and a new category of 'wonder: sustaining what sustains us', and the submissions, which were from thousands of amateur and professional photographers, were judged by a panel of experts. Scroll on for the stunning winning shots. Photograph: © Rachel Moore (USA) | Wonder: Sustaining What Sustains Us — Winner Photograph: © Luis Arpa (Spain) | Wonder: Sustaining What Sustains Us — 2nd Place Photograph: © Steven Lopez (USA) | Wonder: Sustaining What Sustains Us — 3rd Place Photograph: © Ollie Clarke (UK) | Wonder: Sustaining What Sustains Us — Honorable Mention Photograph: © Andrey Nosik (Russia) | Big and Small Underwater Faces – Winner Photograph: © Giacomo Marchione (Italy) | Big and Small Underwater Faces — 2nd Place Photograph: © Lars von Ritter Zahony (Germany) | Big and Small Underwater Faces — 3rd Place Photograph: © Dani Escayola (Spain) | Underwater Seascapes — Winner Photograph: © Gerald Rambert (Mauritius) | Underwater Seascapes — 2nd Place Photograph: © Pedro Carrillo (Spain) | Underwater Seascapes — 3rd Place Photograph: © Lars von Ritter Zahony (Germany) | Underwater Seascapes — Honourable Mention Photograph: © Leander Nardin (Austria) | Above Water Seascapes – Winner Photograph: © Nur Tucker (UK/Türkiye) | Above Water Seascapes — 2nd Place Photograph: © Andrey Nosik (Russia) | Above Water Seascapes — 3rd Place Photograph: © Ken Findlay (South Africa) | Above Water Seascapes — Honorable Mention Did you see that the greatest outdoor travel destinations have been named in a new ranking? Plus: The seven wonders of the world, ranked from best to worst. Stay in the loop: sign up to our free Time Out Travel newsletter for all the latest travel news and best stuff happening across the world.
Cision Canada
5 days ago
- Business
- Cision Canada
Duchesnay Pharmaceutical Group accelerates global growth with innovative technology supported by Investissement Québec's grand V initiative and the Government of Quebec
The consolidation of production capacity will enable the Group to meet the growing demand for its products around the world. BLAINVILLE, QC, June 17, 2025 /CNW/ - Duchesnay Pharmaceutical Group (DPG), winner of the 2024 ADRIQ Life Sciences Innovation Award, is pleased to announce the installation of an additional state-of-the-art pharmaceutical tablet printer at its Blainville plant, which will increase its production capacity and support its international expansion. This acquisition was made possible thanks to support from Investissement Québec's grand V initiative and the Government of Quebec's ESSOR program. With a production capacity of up to 150,000 tablets per hour, this new machine incorporates advanced technology that ensures the quality of the logo depicting a pregnant woman on the Group's flagship product which is exported to more than 40 countries. By consolidating its production capacity, the Group plans to support its international expansion by extending its global presence to 10 new markets over the next two years in order to meet the growing demand for its products. "As it continues its global growth, the Group remains committed to excellence and innovation in supporting women's well-being around the world. The new machine will not only enable us to meet growing demand but also optimize our manufacturing processes in a sustainable manner. With the support of the grand V initiative, we are taking another step forward in our global expansion," said Mélanie Therrien, Vice President, Finance and Corporate Affairs, DPG. "Supported by Investissement Québec's grand V initiative, Duchesnay Pharmaceutical Group has taken a step toward greater productivity by acquiring a new state-of-the-art printer. This new equipment will enable the company to significantly increase its production capacity and support its growth in the pharmaceutical sector," said Bicha Ngo, President and CEO of Investissement Québec. With this strategic acquisition, DPG reaffirms its commitment to innovation and excellence and is fully aligned with the industrial transformation dynamic. ABOUT DUCHESNAY PHARMACEUTICAL GROUP Duchesnay Pharmaceutical Group (DPG), with its affiliated companies, is headquartered in Blainville, Quebec. The Group consists of six pharmaceutical companies to meet the needs of patients in Canada, the U.S. and abroad. The companies are Duchesnay (Canada) and Duchesnay USA, both dedicated to women's health; Medunik Canada and Medunik USA, which provide treatments for rare and debilitating diseases; and Analog Pharma Canada and Analog Pharma, specializing in orphan generic medications. From its state-of-the-art manufacturing plant, DPG exports its innovative treatments to more than 50 countries. DPG is one of the eight companies across the country chosen to participate in the Government of Canada's Global Hypergrowth Project. This appointment offers exclusive and personalized support for at least two years, in order to accelerate its growth to become an anchor firm in the Canadian economy. DPG is the winner of the 2024 Life Sciences Innovation Award by ADRIQ, the Association for the Development of Research and Innovation of Quebec, which recognizes DPG's healthy workplace culture and commitment to pharmaceutical innovation, while DPG president Éric Gervais is the recipient of the 2024 Bernard-Landry Award by ADRIQ which acknowledges his impactful leadership on Quebec's research and innovation ecosystem. DPG, through its proprietary research and development, and through exclusive partnerships, offers innovative treatments for a variety of medical conditions in women's health, urology, oncology and for rare diseases, plus lower-cost generic medications. DPG recognizes the dedication and professionalism of its employees and promotes a positive culture and flexible work environment. It is deeply committed to environmental responsibility and to giving back to the community through the support of various charitable organizations.
Yahoo
30-05-2025
- Business
- Yahoo
Duff & Phelps Utility and Infrastructure Fund Inc. Redeems Remaining Floating Rate Mandatory Redeemable Preferred Shares, Series C and Issues Floating Rate Mandatory Redeemable Preferred Shares, Series D
CHICAGO, May 30, 2025--(BUSINESS WIRE)--Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end investment management company advised by Duff & Phelps Investment Management Co. ("Duff & Phelps"), today exercised an option to voluntarily redeem ("Redemption Date") its remaining 1,400,000 issued and outstanding Floating Rate Mandatory Redeemable Preferred Shares, Series C (the "Series C MRP Shares") (CUSIP No. 26433C4#9). The Series C MRP Shares were redeemed at the liquidation preference of $25.00 per share and accumulated but unpaid dividends and distributions up to, but excluding, the Redemption Date. The redemption of the Series C MRP Shares is being funded by DPG's issuance of 1,000,000 Floating Rate Mandatory Redeemable Preferred Shares, Series D (the "Series D MRP Shares") and borrowing $10 million under the Fund's existing credit facility with a major commercial bank. The issuance of Series D MRP Shares and additional borrowing under the credit facility occurred on May 29, 2025. The 1,000,000 Series D MRP Shares were issued at a liquidation value of $25.00 per share, par value of $0.001 per share, with a maturity date of May 29, 2030. The Series D MRP Shares have a floating rate based on the three-month secured overnight financing rate (SOFR) plus 2.00% and will pay dividends on a quarterly basis. Duff & Phelps believes this capital restructuring is prudent management of DPG's borrowings to facilitate its use of leverage. About the Fund Duff & Phelps Utility and Infrastructure Fund Inc. is a closed-end investment management company whose investment objective is to seek total return, resulting primarily from (i) a high level of current income, with an emphasis on providing tax-advantaged dividend income and (ii) growth in current income, and secondarily from capital appreciation. The Fund seeks to achieve these objectives by investing primarily in equities of domestic and foreign utilities and infrastructure providers. Under normal market conditions, the Fund will invest at least 80% of its total assets in dividend-paying equity securities of companies in the utility industry and the infrastructure industry. The utility industry is defined to include the following sectors: electric, gas, water, telecommunications, and midstream energy. The infrastructure industry is defined as companies owning or operating essential transportation assets, such as toll roads, bridges, tunnels, airports, seaports, and railroads. For more information, contact shareholder services at (866) 270-7598, by email at duff@ or visit the DPG website, About the Investment Adviser Duff & Phelps Investment Management Co. is a boutique investment manager that specializes in listed real asset strategies for institutional and individual clients. An investment manager of Virtus Investment Partners, Inc. (NYSE: VRTS), the firm began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, utilizing a process with values that include quality, reliability, and specialization. Investment strategies include U.S. and global real estate securities, global listed infrastructure, energy infrastructure, water, and clean energy. For more information visit View source version on Contacts Shareholder Services(866) 270-7598duff@
Business Wire
30-05-2025
- Business
- Business Wire
Duff & Phelps Utility and Infrastructure Fund Inc. Redeems Remaining Floating Rate Mandatory Redeemable Preferred Shares, Series C and Issues Floating Rate Mandatory Redeemable Preferred Shares, Series D
CHICAGO--(BUSINESS WIRE)-- Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end investment management company advised by Duff & Phelps Investment Management Co. ('Duff & Phelps'), today exercised an option to voluntarily redeem ('Redemption Date') its remaining 1,400,000 issued and outstanding Floating Rate Mandatory Redeemable Preferred Shares, Series C (the 'Series C MRP Shares') (CUSIP No. 26433C4#9). The Series C MRP Shares were redeemed at the liquidation preference of $25.00 per share and accumulated but unpaid dividends and distributions up to, but excluding, the Redemption Date. The redemption of the Series C MRP Shares is being funded by DPG's issuance of 1,000,000 Floating Rate Mandatory Redeemable Preferred Shares, Series D (the 'Series D MRP Shares') and borrowing $10 million under the Fund's existing credit facility with a major commercial bank. The issuance of Series D MRP Shares and additional borrowing under the credit facility occurred on May 29, 2025. The 1,000,000 Series D MRP Shares were issued at a liquidation value of $25.00 per share, par value of $0.001 per share, with a maturity date of May 29, 2030. The Series D MRP Shares have a floating rate based on the three-month secured overnight financing rate (SOFR) plus 2.00% and will pay dividends on a quarterly basis. Duff & Phelps believes this capital restructuring is prudent management of DPG's borrowings to facilitate its use of leverage. About the Fund Duff & Phelps Utility and Infrastructure Fund Inc. is a closed-end investment management company whose investment objective is to seek total return, resulting primarily from (i) a high level of current income, with an emphasis on providing tax-advantaged dividend income and (ii) growth in current income, and secondarily from capital appreciation. The Fund seeks to achieve these objectives by investing primarily in equities of domestic and foreign utilities and infrastructure providers. Under normal market conditions, the Fund will invest at least 80% of its total assets in dividend-paying equity securities of companies in the utility industry and the infrastructure industry. The utility industry is defined to include the following sectors: electric, gas, water, telecommunications, and midstream energy. The infrastructure industry is defined as companies owning or operating essential transportation assets, such as toll roads, bridges, tunnels, airports, seaports, and railroads. For more information, contact shareholder services at (866) 270-7598, by email at duff@ or visit the DPG website, About the Investment Adviser Duff & Phelps Investment Management Co. is a boutique investment manager that specializes in listed real asset strategies for institutional and individual clients. An investment manager of Virtus Investment Partners, Inc. (NYSE: VRTS), the firm began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, utilizing a process with values that include quality, reliability, and specialization. Investment strategies include U.S. and global real estate securities, global listed infrastructure, energy infrastructure, water, and clean energy. For more information visit
Cision Canada
29-05-2025
- Health
- Cision Canada
A joint study by Duchesnay and PeriPharm exposes critical gaps in access to innovative women's health products in Canada
The research reveals the challenges of introducing innovative medications in women's health in Canada BLAINVILLE, QC, May 29, 2025 /CNW/ - Duchesnay, member of Duchesnay Pharmaceutical Group (DPG), winner of the 2024 Life Sciences Innovation Award by ADRIQ, in collaboration with PeriPharm, is proud to announce the results of a landmark study exploring the accessibility of innovative women's health products in Canada. The research exposes systemic gaps and significant barriers that prevent Canadian women from accessing the innovative therapies they need. The study found that of the 45 women's health products approved by the U.S. Food and Drug Administration (FDA) from January 1, 2003, to December 31, 2023, only 24 (53%) had received regulatory approval by Health Canada as of July 2024 and only 13 of these products are currently reimbursed publicly. 1 "These findings highlight a clear need to address inequities in how women's health is assessed, valued and prioritized," said Dany Hallé, Vice president, Commercial Affairs, DPG. "Striving to shape women's health ecosystem in Canada, we, at Duchesnay, believe that Canadian women deserve to have timely access to healthcare innovations." Another important issue highlighted by researchers is the delays Canadian women face when it comes to approval and reimbursement processes for women's health therapies. Compared to the general access timeline for medications in Canada, the process for obtaining public coverage listing for women's health medications takes one year longer and can even exceed three years. The study suggests that the current evidence-based Health Technology Assessment (HTA) framework may not fully capture the added value of innovative drugs in women's health, potentially contributing to delays or barriers in reimbursement and market access. "This is a call to action," said Catherine Beauchemin, Ph.D., partner at PeriPharm. "This initiative marks an important first step toward improving access to innovations in women's health. To advance women's health outcomes in Canada, we must start by understanding their needs and preferences." This study will serve as a benchmark and lay the groundwork for the development of a position paper co-written by leading experts in the domain addressing the challenges women ultimately face in the assessment of innovative medicines in Canada. This white paper would be hopefully available by year end. 1 In comparison, based on data between 2016 and 2020, 67% of all new active substance approval by FDA and/or EMA have been submitted to Health Canada. ABOUT PERIPHARM Founded in 2003, PeriPharm is a Canadian company specializing in pharmacoeconomics and outcomes research. The company's mission is to provide high-quality, diversified services to ensure optimal market access of health care innovations. PeriPharm's activity is built on the belief the best available therapies should be accessible to those who need it. As a leader in the field of health economics and data generation, PeriPharm has contributed to the success of several market access initiatives. For more information about PeriPharm, please visit Follow us on LinkedIn. ABOUT DUCHESNAY Duchesnay is a specialty pharmaceutical company with a long-standing commitment to women's health. Until recently, the company focused on filling the void in terms of scientific research and education and on developing pharmacological solutions that are safe and effective for use during pregnancy and breastfeeding. Today, Duchesnay has broadened its portfolio of products to offer safe and effective therapeutic options that meet the health and quality of life needs of women and their family members at different stages of their lives. Believing that women around the world deserve to have access to specialized treatments for their conditions, Duchesnay now distributes its products internationally. For more information about Duchesnay, please visit Follow us on LinkedIn. ABOUT DUCHESNAY PHARMACEUTICAL GROUP Duchesnay Pharmaceutical Group (DPG), with its affiliated companies, is headquartered in Blainville, Quebec. The Group consists of six pharmaceutical companies to meet the needs of patients in Canada, the U.S. and abroad. The companies are Duchesnay (Canada) and Duchesnay USA, both dedicated to women's health; Medunik Canada and Medunik USA, which provide treatments for rare and debilitating diseases; and Analog Pharma Canada and Analog Pharma, specializing in orphan generic medications. From its state-of-the-art manufacturing plant, DPG exports its innovative treatments to more than 50 countries. DPG is one of the eight companies across the country chosen to participate in the Government of Canada's Global Hypergrowth Project. This appointment offers exclusive and personalized support for at least two years, in order to accelerate its growth to become an anchor firm in the Canadian economy. DPG is the winner of the 2024 Life Sciences Innovation Award by ADRIQ, the Association for the Development of Research and Innovation of Quebec, which recognizes DPG's healthy workplace culture and commitment to pharmaceutical innovation, while DPG president Éric Gervais is the recipient of the 2024 Bernard-Landry Award by ADRIQ which acknowledges his impactful leadership on Quebec's research and innovation ecosystem. DPG, through its proprietary research and development, and through exclusive partnerships, offers innovative treatments for a variety of medical conditions in women's health, urology, oncology and for rare diseases, plus lower-cost generic medications. DPG recognizes the dedication and professionalism of its employees and promotes a positive culture and flexible work environment. It is deeply committed to environmental responsibility and to giving back to the community through the support of various charitable organizations.
