Latest news with #MarkRutledge
Business Wire
2 days ago
- Business
- Business Wire
Blackstone Completes CDN$7 Billion Equity Investment in Rogers in Partnership with Leading Canadian Institutional Investors
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) has successfully closed its previously announced CDN$7 billion equity investment in Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI). Under the terms of the transaction, funds managed by Blackstone Credit & Insurance ('BXCI') and leading Canadian institutional investors have acquired a non-controlling interest in a newly established subsidiary of Rogers that owns a portion of the company's wireless backhaul transport infrastructure. The Blackstone-led investor group includes Canada Pension Plan Investment Board (CPP Investments), Caisse de dépôt et placement du Québec (La Caisse), the Public Sector Pension Investment Board (PSP Investments), British Columbia Investment Management Corporation (BCI) and the Investment Management Corporation of Ontario (IMCO). Robert Horn, Global Head of Infrastructure & Asset Based Credit at Blackstone, said: 'We're thrilled to close this transaction with Rogers to further their growth and balance sheet objectives. This is another example of Blackstone providing flexible and efficient capital solutions for the world's leading corporations, while delivering what we believe is a highly differentiated opportunity for our investors.' Mark Rutledge, US Head of Infrastructure Services at Blackstone Credit & Insurance, added: 'Rogers' backhaul network is positioned to enable the powerful megatrends we see in mobile data usage. We are excited to support Rogers in its next phase of investment and growth.' BXCI's Infrastructure and Asset Based Credit platform manages over $90 billion and has over 70 investment professionals, among the largest in the asset-backed marketplace. About Blackstone Credit & Insurance Blackstone Credit & Insurance ('BXCI') is one of the world's leading credit investors. Our investments span the credit markets, including private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.
Yahoo
11-06-2025
- Health
- Yahoo
World Precision Instruments and SynVivo Launch Next-Generation Multiplexed TEER-on-a-Chip Platform for Real-Time Organ-on-a-Chip Cell Monitoring
SARASOTA, Fla. and HUNTSVILLE, Ala., June 11, 2025 /PRNewswire/ -- World Precision Instruments (WPI), a global leader in transepithelial electrical resistance (TEER) instrumentation, and SynVivo Inc., a pioneer in Organ-on-a-Chip (OOC) technology, today announced the commercial launch of a next-generation multiplexed TEER-on-a-Chip platform—a breakthrough solution enabling real-time, high-throughput measurement of barrier integrity in advanced Organ-on-a-Chip models. The co-developed platform integrates WPI's gold-standard EVOM™ measurement technology with SynVivo's SynTEER™ multiplexed OOC models with embedded electrodes, providing researchers with a seamless solution for performing TEER measurements directly within microfluidic chips. Initially validated on SynVivo's advanced SynBBB™ Blood-Brain Barrier model, this is the first in a planned series of Organ-on-a-Chip platforms powered by the new EVOM-Chip™ system from WPI. With electrodes embedded directly into SynVivo's SynTEER™ multiplexed OOC models researchers can now perform real-time TEER measurements across multiple channels—enabling continuous barrier monitoring, streamlined workflows, and improved reproducibility. The EVOM-Chip™ system allows for hands-free, simultaneous data collection, and remains fully compatible with live-cell imaging and physiologically relevant flow conditions. "This collaboration represents a major advancement in functional barrier modeling," said Gwen Fewell, President & CEO of SynVivo Inc. "Integrating TEER measurement directly into our chip enhances data fidelity, reduces variability, and streamlines experimental workflows—key to enabling more predictive, standardized and scalable in vitro models. By combining our vascularized OOC technology with WPI's industry-leading TEER measurement expertise, we're delivering a powerful solution for researchers tackling complex questions in CNS drug development, inflammation, and drug discovery." WPI's EVOM™ family of TEER instrumentation has set the standard for barrier function assessment for over 30 years. SynVivo's SynTEER™ platform builds on this legacy with pre-integrated, precisely aligned electrodes designed to optimize TEER signal fidelity across a range of Organ-on-a-Chip applications. As the OOC market rapidly grows, it continues to face challenges around standardization and automation, both of which are essential for mainstream adoption in pharmaceutical research. "A critical gap has been the ability to perform on-chip, non-destructive sensing—particularly TEER measurements—a need shared by the majority of OOC platforms but rarely implemented successfully or in a multiplex fashion," explains Mark Rutledge, CEO of WPI. "With EVOM™ Chip, researchers can monitor their OOC platforms from cell seeding through barrier formation, as well as before, during and after drug treatment, to get accurate and reproducible readouts, without affecting the health or well-being of the cells." The system's initial application on the SynBBB™ Blood-Brain Barrier platform has demonstrated a strong correlation between electrical resistance and functional barrier properties, supporting its use in CNS drug development, inflammation studies, and neurovascular research. See It Live at MPS World Summit – Brussels, June 10–13, 2025Visit WPI and SynVivo at the MPS World Summit to explore the EVOM-Chip™ and SynTEER-on-a-Chip systems in action and learn how integrated TEER-on-Chip technology can accelerate your research. WPI Booth #131 SynVivo Booth #404 ABOUT WORLD PRECISION INSTRUMENTS For over 55 years, World Precision Instruments (WPI) has been a leading global manufacturer and provider of innovative research equipment and laboratory supplies to the life sciences, pharmaceutical, health care, and industrial markets. Our proven technology supports complex model development, including preclinical models and organ-on-a-chip systems, providing researchers with the tools to identify and validate drugs to understand mechanism of action, dosage, administration, drug-drug interactions, patient-specific reactions, pharmacokinetics, pharmacodynamics, safety and efficacy. Our areas of innovation focus on tissue and cell biology, fluidics, animal physiology and electrophysiology. With an extensive global network and a passion for innovation, WPI provides novel solutions to customers' daily challenges. For more information, visit About SynVivoSynVivo is a pioneering organ-on-chip company developing physiologically relevant tissue models for drug discovery, disease research, and safety testing. Its advanced microfluidic platforms replicate human tissue microenvironments to enhance the predictive accuracy of in vitro testing. SynVivo is committed to bridging the gap between traditional preclinical models and human clinical outcomes, advancing a new standard in predictive, human-relevant drug development. View original content to download multimedia: SOURCE SynVivo and World Precision Instruments Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
02-06-2025
- Business
- Globe and Mail
Standard Strategies Inc. Announces Change of Stock Symbol to "SBTC"
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2025) - Standard Strategies Inc. (CSE: MIDO) (the "Company") is pleased to announce that effective June 5, 2025, the Company's common shares will begin trading on the Canadian Stock Exchange under the new stock symbol "SBTC", replacing the previous symbol "MIDO". The change in trading symbol reflects the Company's strategic pivot and focus on digital asset infrastructure and treasury-grade Bitcoin solutions. Shareholders are not required to take any action in connection with this change. "This new symbol aligns with our updated corporate strategy and positioning in the evolving landscape of digital finance," said Mark Rutledge, CEO of Standard Strategies Inc. "As we transition from our legacy operations, SBTC better reflects our identity and the markets we intend to serve." The Company's updated website reflecting its new business strategy is at About Standard Strategies Inc. Standard Strategies Inc. (CSE: MIDO) is a Canadian public company focused on providing digital asset infrastructure and analytics to support decentralized finance (DeFi) initiatives. Through strategic partnerships and investments, the Company aims to facilitate the adoption of Bitcoin and other digital assets in corporate treasury strategies. Additional information about Standard Strategies is available at or under its profile on SEDAR+ at
Globe and Mail
30-05-2025
- Business
- Globe and Mail
Midori Announces Board Resignation
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Midori Carbon Inc. (CSE: MIDO) (" Midori" or the " Company") announces that Matthew Lodge will be stepping down from its Board of Directors. The Company thanks Mr. Lodge for his valuable contributions as a director and wishes him well in his future endeavours. Additional information about Midori is available at or under its profile on SEDAR+ at ON BEHALF OF MIDORI CARBON INC. " Mark Rutledge" CEO and Director Neither the Canadian Securities Exchange nor any Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Yahoo
24-05-2025
- Health
- Yahoo
Everyday Hero: 'Get under it' with the Lowcountry Splash
Around five hundred people will jump into the water on Saturday morning and 'get under it.' An idea that started 24 years ago has raised hundreds of thousands of dollars for causes near and dear to the man who started it and has kept it going. Mark Rutledge, CEO of Rehab Carolina Physical Therapy, has reason to be excited. Two decades ago, he came up with the idea of the Lowcountry Splash while running the Cooper River Bridge Run. 'I ran the Bridge Run in like 1992 for the first time, and the motto, of course, is 'get over it' and I'm running it, and I'm an old swimmer; I swam in college, and I'm thinking it'd be cool to get under it. So that's where the idea was born, and then we made it happen in 2002,' Rutledge explained. The splash is a 2.4- or 6-mile swim starting in the Wando River and ending in the Charleston Harbor. It's an annual fan favorite for swimmers. In its early stages, it was a way for Rutledge to raise money for the neonatal intensive care unit at the Medical University of South Carolina, a foundation in his son Logan's name. 'He was born prematurely. He was born at 24 ½ weeks and was in the neonatal intensive care unit at MUSC. He was doing great. They were actually amazed at how well he had been doing for how early he had been born, and then he got an infection. In two days, he died from heart problems,' Rutledge said. 'So, he lived for a month.' The Lowcountry Splash made hundreds of thousands of dollars in the early stages, but a trip to Edisto soon directed the dollars to a new cause. 'We were at Edisto visiting friends, and two kids drowned while we were there. We heard the helicopters, we heard the ambulances, and we were all ex-swimmers at South Carolina. We didn't know what was going on. So I started investigating that and found out that South Carolina had the fourth highest drowning rate per capita in the country.' After discovering this, Rutledge decided to change directions and redirect the money to a program that teaches people how to swim, the Lowcountry Aquatic Program Swimming (LAPS). LAPS teaches students from kindergarten through first grade in Charleston County. 'We were up to teaching 1,700 kids with free swim lessons of kindergarteners and first graders when we were really at our peak before COVID,' Rutledge said. COVID killed the program, but Rutledge is working hard to restore it. The fun fact is that in the 23 swims that have been, no one has ever been bitten by a shark. The splash has raised around $1 million since its inception and will be heading into its 24th race this Saturday. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
