Press release: UK to innovate new life-saving treatment and diagnosis technology

first_img There is no other programme in the world with the scale and ambition like that of our Accelerating Disease Detection challenge. Backed by government investment, we are aiming to use 5 million volunteers to discover new methods to tackle devastating illnesses before they take effect – and even before symptoms occur. The business and charity investment expected alongside ours shows our modern Industrial Strategy in action, working alongside industry to ensure the UK remains a world-leader in medical discoveries that will save lives and benefit our economy. Professor Sir Nilesh Samani, Medical Director at the British Heart Foundation, said: Alzheimer’s Research UK is delighted to play a part in this landmark cohort and harness this incredible resource to make breakthroughs possible for people with dementia. Today, we diagnose dementia causing diseases after symptoms show, but to ensure people get the greatest benefit from future treatments, we must be able to diagnose them as soon as possible. Alzheimer’s Research UK is working to revolutionise how diseases like Alzheimer’s are identified and uniting the best minds in digital data and technology to draw on the full potential of the Accelerating Detection of Disease cohort. The programme – Accelerating Detection of Disease – has the potential to transform the way people are treated, supporting the NHS to continue to deliver the highest quality care for UK patients. Not only will this programme save thousands of lives, it has the potential to support developing industry in artificial intelligence, healthcare and diagnostics.Business Secretary Greg Clark said: Sara Hiom, Director, Early Diagnosis and Health Professional Engagement at Cancer Research UK, said: Diseases could be detected even before people experience symptoms, thanks to a pioneering new health-data programme as part of the government’s modern Industrial Strategy.Businesses and charities are expected to jointly invest up to £160 million, alongside a £79 million government investment, as part of the Accelerating Detection of Disease programme. The project will support research, early diagnosis, prevention and treatment for diseases including cancer, dementia and heart disease.The pioneering initiative will recruit up to 5 million healthy people. Volunteered data from the individuals will help UK scientists and researchers invent new ways to detect and prevent the development of diseases.Prime Minister Theresa May said: Cancer Research UK sees great potential in the Accelerating Detection of Disease programme, not only as a platform for research to further our understanding of the prevention and earlier detection of major diseases such as cancer, but as a way to engage the public more fully in their own health, increase their awareness of risk factors for disease and support our great health service. Last year, I set out a mission to use data and AI to transform the diagnosis of chronic diseases and create a future where thousands more survive cancer; where a diagnosis means treatment and survival, rather than having to simply manage the condition. Today’s announcement is another positive step forward in achieving this, as we work towards identifying more intelligent approaches to preventing disease and transforming the lives of patients and their families. The Accelerating Detection of Disease programme will put the UK at the forefront of global research into early diagnosis and help us shift the standard in healthcare forever. We have a vision to live in a world where you prevent disease rather than treat it too late. The ability to identify people at risk or suffering from early forms of disease with greater precision will have a profound impact on how we develop diagnostics and new ways to treat disease. I am delighted that this challenge will bring together the NHS, charities and industry to develop a truly world leading resource.center_img This is a wonderful opportunity for volunteers to support the NHS by participating in health research. The programme will lead to new ways to prevent diseases or detect them at an early stage when they can be treated more effectively. UKRI Challenge Director Fiona Watt said: The British Heart Foundation is pleased to see the government confirm its commitment to the Accelerating Detection of Disease Challenge. This initiative could not only lead to exciting developments in detecting diseases at earlier stages, when they may be more amenable treatment and cure, but also better ways of preventing them. For heart and circulatory disease such as coronary artery disease, heart failure and vascular dementia the advances from this project could be game-changing and the BHF are delighted to be supporting and be part of this major initiative. Public endorsement, engagement and involvement with this project will be crucial and we also hope to support this aspect. Today’s business investment is an important step in delivering the AI and Data Grand Challenge mission to use data, artificial intelligence and innovation to transform the prevention, early diagnosis and treatment of chronic diseases by 2030. The programme is led by Professor Sir John Bell and brings together the NHS, industry and leading charities including Cancer Research UK, the British Heart Foundation and Alzheimer’s Research UK.Leader of the programme Prof. John Bell said: The programme was a key commitment in the second Life Sciences Sector Deal and its use of genomics will change the future of health and medicine in a new era of precision healthcare. Putting genomics at the heart of this globally-leading initiative, delivers the government’s commitment to develop a genomic volunteers programme and contributes to our UK-wide ambition to sequence five million genomes by 2023 to 2024, maintaining our global lead in this field. Hilary Evans, Chief Executive of Alzheimer’s Research UK, said: Businesses and charities back Industrial Strategy challenge to develop life-saving disease detection technology with an expected co-investment of up to £160 million investment will support the recruitment of up to 5 million healthy volunteers to develop new diagnostic tests using AI in the largest ever study of its kind announcement is part of biggest boost to R&D in UK history through the government’s modern Industrial Strategylast_img read more

Betgenius – Euro 2020: Agile trading approach holds key to live betting growth this summer

first_img Submit StumbleUpon Scott Longley – Confusion reigns over FDC’s second betting rights deal July 14, 2020 Share Related Articles 888 calls for Betgenius sportsbook makeover June 25, 2020 Share Dmitri Agapov Head of Trading at Betgenius looks ahead to the battle for in-play engagement and outlines why control of technology will be vital in achieving success…________________________How can we win market share this summer? That’s a question that traders and marketers at sportsbooks across Europe will be asking themselves ahead of the 2020 UEFA European Championship.Starting 12 June, blanket TV coverage and digital content will ensure fan engagement is sky-high and for sportsbooks, capitalising on this wave of excitement, retaining the attention of customers and maximising turnover, is the name of the game. The quality of your in-play experience will be a huge factor in whether the summer provides a long-term boost to your bottom line. During a tournament at which hardly any games are concurrent, attention to detail around the live betting experience is absolutely vital.Price differentiation has historically been a key pre-match football battleground but its importance in in-play is also on the rise. Creating a stand-out offering – such as the right range of markets, high market uptime and competitive pricing – is only possible if you are in control of your trading strategy, your margin and your market suspensions.Following the ActionWhen it comes to tapping into live football engagement through trading, few have nailed it as well as Sky Bet. Linked closely to live game state, its Price Boosts have carved significant in-play football market share and built a loyal base of recreational customers.But while contextually cutting live margin is standard practice for many of the leading operators, for many, the opportunity remains untapped.So how can it be done? First of all, sportsbooks must identify which markets and fixtures they should focus on and prepare how to weight changes so that prices catch the eye but vulnerabilities and edges don’t emerge.As a general rule, cutting margin for popular local selections with a high-margin already built-in, like player goalscorers in games involving the home nation or between ‘elite’ nations – when they are relevant to the tournament narrative – is most effective. By enhancing the local nation’s striker to score the opener after a man-of-the-match performance in the previous game, for example, product stickiness and bet placement is enhanced.This is a great example of why flexible trading that allows for nimble thinking and tailored pricing is extremely valuable.Minimising Friction But while price enhancements are great for catching the eye, holding attention and building out brand reputation, they must be backed up by a strong core live offering first-and-foremost. During a major tournament with 51 matches, sportsbooks won’t get a second chance to get it right.When it comes to in-play, just a few seconds of unnecessary downtime is enough time for customers to switch app, deposit and place a bet. As a result, we’re seeing traders across the industry increasingly adopt highly aggressive live suspension strategies to avoid providing a disrupted experience.A hot trend in this sense is reconfiguring prices instantly when a penalty, card or corner is awarded, without suspending. So far this football season, these capabilities have enabled our partners to keep cash out and headline markets open for nearly 100% of event lifetime – allowing punters betting opportunities and ways out with every twist-and-turn.Euro 2020 is set to be the highest turnover betting event of the year and represents a month-long opportunity to engage valuable customers. The potential rewards are clear. By delivering a quality in-play betting product that feels intrinsically tied to the live-action, sportsbooks can have another bumper summer.____________________Dmitri Agapov Head of Trading Betgenius expands virtual sports range with Kiron August 20, 2020last_img read more

5 days agoBVB coach Favre on axing Sancho: He still has much to learn

first_imgAbout the authorPaul VegasShare the loveHave your say BVB coach Favre on axing Sancho: He still has much to learnby Paul Vegas5 days agoSend to a friendShare the loveBorussia Dortmund chief Michael Zorc says dropping Jadon Sancho yesterday was the right call.Sancho had returned late from international duty with the England squad and was dropped for the win over Borussia Monchengladbach.”We did not make the decision easily, but it was without alternative. Sancho is an excellent player, but we have a responsibility for the club, for the spirit in the team,” said Zorc.BVB coach Lucien Favre also spoke of the former Manchester City winger: “Jadon is a great player, not a discussion. But he still has a lot to learn. He must continue to enjoy training and progress.” last_img read more

Are all Russia ties now sinister or are some just business

first_imgMOSCOW – A shipping company partly owned by President Donald Trump’s commerce secretary is one of the few in the world that can transport liquefied petroleum gas in cold and icy conditions. Russia is known for its brutal winters as well as its giant, state-controlled oil and gas producers.So, for years, Wilbur Ross’ company has been moving LPG for a Russian gas giant.But now, in what might seem almost an echo of the Red Scare that lasted in America for generations, this business relationship is seen as tainted, an ominous connection to a country that unleashed cyberwar against American democracy and the 2016 election that put Trump in the White House.Are all connections to Russia now suspect? Or are they sometimes merely an inconvenient consequence of doing business in a country where major corporations often are controlled by the Kremlin?The latest tie between Russia, Trump and his campaign and administration officials came to light Sunday with news that the U.S. commerce secretary is a part owner of Navigator Holdings, a shipping company that transports LPG produced by Sibur, a big Russian company with ties to the Kremlin.Some shipping business experts who follow the company are shrugging off the news.“Russia has a lot of commodities that need to go somewhere else,” said Benjamin J. Nolan, a financial analyst who covers Navigator for Stifel, Nicolaus & Co. He added, “Odds are, they are going to have long term contracts with Western shipping companies.”The Russian government is a powerful factor in almost every part of the country’s economy. Some of Russia’s biggest banks, such as Sberbank and VTB are state-controlled, with their management answering directly or indirectly to the Kremlin.Then there is Gazprom, a big gas supplier to Europe, and Rosneft, the oil producer. Both are majority state owned.The new Russian giant in the spotlight, Sibur, has its own special connections to the state, and President Vladimir Putin in particular. It is partially owned by a man said to be Putin’s son-in-law, and two of its biggest shareholders are oligarchs close to Putin. One of them is his old judo partner.The details of Ross’ stake in Navigator were found among 13.4 million leaked records on offshore entities used by the rich and powerful and famous. They are the biggest leak on the shadowy offshore financial system since the Panama Papers last year, and could shed more light on the byzantine ways companies and individuals hide their wealth or lower their taxes.Following news of the leak, Ross has said in interviews that his ties to Russia are being blown out proportion. He told Britain’s Sky network that his Navigator stake had been previously disclosed in financial documents filed with government ethics officials, and noted that Sibur is not under any U.S. sanction. For its part, Sibur has said that only a tiny percentage of shipping business goes to Navigator, less than 3 per cent of “logistics expenses.” It said that it is surprised by the “politically driven interpretation” in some media reports of its “ordinary business operations.”Trump himself also has faced scrutiny over his business ties to Russia. In prepared remarks to the Senate and House intelligence committees, Trump’s personal lawyer, Michael Cohen, disclosed that the Trump Organization had been pursuing a business proposal in Russia during the presidential campaign. Cohen has said that the proposal for a Trump Tower Moscow never came to fruition and denied it had any impact on the campaign, saying it was “solely a real estate deal and nothing more.”No evidence has yet emerged that the business deals are being examined by special counsel Robert Mueller. The former FBI director is investigating the Kremlin’s interference in the 2016 election and any possible co-ordination with Trump associates.As for Ross, the most obvious link to Putin is Kirill Shamalov, who is married to a woman who is said to be Putin’s youngest daughter. Shamalov once owned more than 20 per cent of Sibur, but has since cut that stake to 3.9 per cent, according to the International Consortium of Investigative Journalists, the group that has been reviewing the new trove of documents.Another Kremlin link is the Putin’s old judo partner, Gennady Timchenko, the second largest shareholder of Sibur.Businessmen with Kremlin links are sometimes tapped to work on key projects with political symbolism, such as the bridge to Crimea or the Sochi Olympics. Timchenko’s construction company has a role building stadiums for next year’s soccer World Cup.Timchenko was sanctioned by the U.S. after Russia annexed the Crimea. The U.S. also barred banks from providing long-term financing to a gas company belonging to Sibur’s largest shareholder, Leonid Mikhelson.Ross has never met Sibur’s Shamalov, Timchenko and Mikhelson, according to a Commerce Department statement, and was not involved in his shipping company’s negotiations with Sibur.Kremlin connections can boost the fortunes of U.S. companies, but they can also backfire. Russian partners sometimes come under suspicion abroad that they are acting out of political, not purely commercial, motives.The state gas company Gazprom, in particular, has been accused of manipulating price talks over natural gas to put pressure on governments of other European countries, particularly Ukraine. That’s prompted many European countries to seek gas supplies from elsewhere.A deal between Rosneft and Exxon Mobil also has run into trouble. The Treasury Department fined Exxon Mobil $2 million in July over what it called “reckless disregard” for U.S. sanctions by signing deals with Rosneft’s sanctioned head Igor Sechin in May 2014. Secretary of State Rex Tillerson was the U.S. oil firm’s CEO at that time.Exxon has maintained it did nothing wrong and sued the U.S. government in an effort to stop the fine.As for Ross’ Navigator, some experts say it’s hardly surprising the company counts a Russian company among its customers.“Russia is the biggest producer of oil, and that needs to be sold in a global market place,” said Jonathan Chappell, a financial analyst at Evercore. “Navigator is perfectly positioned.”—-Condon reported from New York. Associated Press writer Chad Day contributed from Washington.last_img read more

IIT KGP signs MoU with CDAC for high performance computing facility data

first_imgKolkata: The IIT Kharagpur has signed an MoU with Centre for Development of Advanced Computing (C-DAC) to set up a Petaflop high performance computing facility and data center funded under the National Supercomputing Mission. PetaFlop is the measurement of computing power based on the frequency of mathematical calculations that can be done per second. Setting up of the 1.3 PetaFlop high performance computing facility and data center is going to change the face of computation-based research and development in India, an IIT KGP statement said Thursday, adding that the MoU was signed on March 12. With the growing importance of high performance computing in newer research areas in cancer, data protection etc, such facilities as the one being built at IIT KGP will become a core factor in various research domains, the statement said. IIT KGP Director Prof P P Chakrabarti said the initiative will be undertaken at the Centre for Computational and Data Sciences, located at the institute campus and large-scale computational support will be given to the researchers, who are engaged in research activities in diverse areas of national importance. The facility is expected to come up in the next 3-4 months with the work to be carried in three phases of – ‘assembling, assembling and manufacturing and design and manufacturing,’ the statement quoted Director General, C-DAC, Dr Hemant Darbari as saying. The C-DAC is a premier R&D organisation of the Ministry of Electronics and Information Technology (MeitY). All products and accessories will be indigenously designed and manufactured in India.last_img read more

Monetary economics in emerging markets needs a rethink RBI Guv

first_imgWashington: Observing that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools, Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said monetary economics in emerging markets needs a rethink.This includes challenging the conventional wisdom of modern central banks to hike or reduce their interest rates by 25 basis points or multiples thereof, Das said in a special address delivered on the sidelines of the annual Spring Meetings of the International Monetary Fund and World Bank. Highly appreciated by the audience for his call for out-of-the-box thinking to address monetary policy challenges of the 21st century, Das said the unconventional monetary policies of advanced economies have resulted in “risks and spillovers” for the emerging markets. In his speech titled ‘Global Risks and Policy Challenges facing Emerging Market Economies’, Das observed that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools. In despair, some have turned to the heterodox evolution of ideas that are being practiced as modern monetary theory, he noted. In the end, monetary policy must touch the real economy, spur investments, and maintain monetary and financial stability, he asserted. The time has come to think out of the box, including by challenging the conventional wisdom, he told the packed auditorium. Typically, modern central banks with interest rates as their main instrument move in baby steps — 25 basis points or multiples thereof — and announce a stance of tightening, neutrality or accommodation to guide the markets and the public on the likely future course of policy, he said. “One thought that comes to my mind is that if the unit of 25 basis points is not sacrosanct and just a convention, monetary policy can be well served by calibrating the size of the policy rate to the dynamics of the situation and the size of the change itself can convey the stance of policy,” the RBI Governor said. For instance, if easing of monetary policy is required but the central bank prefers to be cautious in its accommodation, a 10 basis points reduction in the policy rate would perhaps communicate the intent of authorities more clearly than two separate moves — one on the policy rate, wasting 15 basis points of valuable rate action to rounding off, and the other on the stance, which in a sense binds future policy action to a pre-committed direction, he said. Likewise, in a situation in which the central bank prefers to be accommodative but not overly so, it could announce a cut in the policy rate by 35 basis points if it has judged that the standard 25 basis points is too little, but its multiple, that is 50 basis points, is too much. “This approach can also be useful when the central bank is on a tightening mode and potentially help avoid policy turnaround from forward guidance via stance too far into the future, which in a highly volatile global scenario, may not even be a year,” Das said. Stating that management of global spillovers poses a formidable challenge to emerging market economies, Das told the audience that a truly global financial safety net remains elusive as in this age of mobile capital flows, consequences of their arrivals, sudden stops and reversals are to be borne nationally. As a result, emerging market economies (EMEs) are typically at the receiving end when global spillovers flare up, he said, adding that they have no recourse but to build their own forex reserve buffers. Paradoxically, the accumulation of reserves has become stigmatised, including with labels such as “currency manipulation”, he rued. “As I see it, we may be unintentionally setting the stage for several EME currencies to break out and challenge the hegemony of the dominant reserve currencies,” he said. “There is a need for greater understanding on both sides. In the meantime, so far as the Reserve Bank of India is concerned, we will continue to play by the extant rules of the game,” Das said in his special address. Das also said central banks have to interact closely with financial markets for transmission of monetary policy impulses. “In this context, ensuring a sound and efficient payment and settlement system is a pre-requisite,” he noted.last_img read more

Egyptians vote in referendum to extend President Sisis rule

first_imgCairo: Egyptians voted Saturday in a referendum that aims to cement the rule of President Abdel Fattah al-Sisi, the former coup leader who presents himself as a rock of stability in a turbulent region. Voters were being asked to back amendments to the constitution to allow Sisi, 64, to run for another six-year term while boosting his control over the judiciary and giving the military even greater influence in political life. The three-day referendum bucks the trend of North Africa’s mini-Arab Spring, in which mass pro-democracy protests this month swept away veteran presidents in Algeria and Sudan. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USSisi himself was among the first to vote when polls opened, casting his ballot in the upmarket Cairo suburb of Heliopolis. In Shubra, a working-class neighbourhood of the capital, dozens of voters, mostly women carrying their children, queued outside a polling station in the local high school. In Cairo, troops and police were deployed in numbers although the interior ministry denied to give any nationwide figures. Egypt is still battling a jihaidst insurgency based in the Sinai Peninsula that has seen attacks in Cairo and other cities. Also Read – Record number of 35 candidates in fray for SL Presidential pollsSisi has argued that he needs longer to complete the job of restoring security and stability after the turmoil that followed the overthrow of veteran autocrat Hosni Mubarak in the Arab Spring of 2011. Out on the streets, his supporters waved flags bearing their campaign motto: “Do the Right,” as they pressed passers-by to turn out and vote ‘Yes’. At a polling station in Manyal, a Cairo suburb overlooking the Nile, Mohamed Abdel Salam, 45, said he was voting enthusiastically in support of the changes. “I don’t care about the presidential terms,” he said. “Sisi could stay forever as long as he’s doing his job… and he has already done a lot”. Sisi won his first term as president in 2014, a year after he led the army in overthowing elected Islamist president Mohamed Morsi following mass protests against his single turbulent in power.last_img read more

Harkatul Mujahideen militant killed in encounter in JK

first_imgSrinagar: A militant belonging to the Harkatul Mujahideen (HuM) was killed Friday in an encounter with security forces in Jammu and Kashmir’s Shopian district, police said.Acting on a credible input about the presence of militants, security forces had launched a cordon and search operation at Ramnagri in Herpora area of the district, a police spokesman said. “During the operation, the hiding terrorists fired on the search party. It was retaliated leading to a brief exchange of fire,” the spokesman said. Also Read – 2019 most peaceful festive season for J&K: Jitendra SinghHe said one militant was killed who was identified as Ishfaq Ahmad Sofi alias Umar, a resident of Model Town-B in Sopore area of Baramulla district. “According to police records, Ishfaq had a long history of terror crime records and was initially affiliated with proscribed terror outfit HuM. He and other terrorist associates were involved in a series of terror crimes, including grenade attacks on CRPF bunker at Safa Kadal, Soura and Police Station Khanyar,” the spokesman said. Ishfaq, who was arrested earlier and released on bail, had joined the terror ranks again in 2018, he said, adding that incriminating material, including arms and ammunition, was seized from the scene of encounter.last_img read more