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These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. About Fulcrum Therapeutics Fulcrum Therapeutics is a biotechnology company developing new medicines to deliver a new future to patients and their families by transforming gene regulation in disease. This website uses functional cookies to improve your experience.
The financing was co-led by Casdin Capital and Boxer Capital of Tavistock Group and included new investors Eli Lilly and Company and Schroder Adveq, as well as other undisclosed institutional investors, along with existing investor Third Rock Ventures. We appreciate the support of our new and existing investors, which will enable us to name our first two development candidates, expand our discovery-stage research and work toward our goal of delivering novel small molecules that can redirect the course of disease and deliver profound benefit to patients.
Cedilla identifies previously unexploited proteoforms of high-value targets. While prior attempts to drug these targets have focused only on their canonical states, Cedilla has discovered the means to affect function or stability by engaging pivotal, post-translationally modified states. Cedilla Therapeutics is a private biotechnology company developing targeted small molecule medicines for the treatment of cancer and other diseases caused by protein dysregulation.
The company employs a target-centric approach, focusing on scientifically-validated drivers of disease that have eluded conventional therapeutic modalities. Cedilla identifies functionally-relevant proteoforms, or protein states, creating novel opportunities for therapeutic intervention. For more information, please visit www.
View source version on businesswire. The royal is preparing to give a keynote speech on her research into Early Years development. Hospitals and institutions face a significant challenge each year when it comes to the financial impact of unplanned downtime and sub-optimal performance of their diagnostic imaging systems. COVID has pushed consumers more toward online shopping and contactless payments, according to Discover's annual Holiday Shopping survey.
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The sixth series has finished filming and will air in Dublin, Nov. Wood pellets are renewable energy carriers. These are produced from sawdust or other ground woody materials. According to international standards, product requirements for energy density, moisture, abrasion resistance, particle size, and shape for wood pellets are defined, turning wood pellets into a commodity.
As such, standardized wood pellets offer promising properties for large scale production. With rising production of wood pellets, there has been a significant rise in trade flows of wood pellets across the globe. There are different applications of wood pellets which are boosting their demand worldwide. For example, wood pellets are widely used as a convenient solid biofuel in automatic stoves and boilers in the domestic heating sector.
Wood pellets reduce greenhouse gas GHG emission of the electricity generation when co-fired in coal-based power plants. Industrial wood pellets are used as a substitute for coal in power plants while premium pellets are used in pellet boilers and pellet stoves for heating. Wood pellets have emerged as a viable and promising renewable energy source as a replacement of coal, especially in Europe and North America.
The pellet market has been witnessing a tremendous growth worldwide from the past few years with increasing demand for both industrial application in large scale power plants and small scale application in residential heating systems. The market for wood pellets is gaining a remarkable traction since they have low carbon footprints.
As such, growing concerns regarding environmental sustainability across the globe is the major factor behind the growing demand for wood pellets which is driving the global market growth. Governments of different countries along with global organizations are continuously taking necessary steps and measures to reach their set target related to the reduction of carbon footprints or greenhouse gas GHG emissions.
Limited availability of non-renewable resources and their adverse impact on the environment has made it necessary for the world economy to switch to alternative power sources without harming the environment. Governments across the globe have set their targets aimed to move towards different renewable energy sources. The use of wood pellets as fuels has gained a widespread adoption for heating homes and power boilers, especially in the European region.
The easy availability of raw materials such as timber and compacted sawdust coupled with the low production cost are some of the factors which are also contributing to the robust rise in demand for wood pellets, thereby driving the market growth.
As such, new and advanced designs for pellet mills are being developed so as to obtain high yield with optimum fuel input. Furthermore, extensive research is being carried out to produce wood pellets with high-calorific value from the available feedstock.
All these factors are anticipated to fuel the growth of global wood pellets market during the next five years. Europe accounted for the major share in the global wood pellets market in Also, wood pellet consumption in this region is estimated to increase to 30 million metric tons in , with imports rising to According to the report, the EU has pellet plants in , with a combined capacity of 2. Capacity is also expected to reach 72 per cent in , up from 70 per cent in and 67 per cent in By country, the United Kingdom become the top consumer of wood pellets in the EU region in , with 8 million metric tons, followed by Italy 3.
Stringent regulations regarding environmental sustainability and continuous efforts to achieve their emission targets within the specified time period contributes significantly to the dominance of European region in the global wood pellets market. Supportive government initiatives and the incentives offered by the EU member states also drives the growth of wood pellets market in this region.
North America is also increasing its wood pellet consumption owing to the regional price competitiveness with propane and residential heating oil. Rapid replacement of traditional burners for improving feed-in is also spurring the demand for wood pellets in this region. Favourable government policies to ramp up the use of wood pellets for power generation along with the increasing number of power plants is fuelling the demand for wood pellets in APAC countries, especially in Japan, South Korea, and China.
Growing focus on renewable energy sector in APAC countries is further propelling the regional market growth. Also, the country is so aggressively subsidizing biomass sector so heavily that it is actually hindering the adoption of other renewable energy sources like wind and solar. Japan is currently the global primary buyer of palm kernel shells PKS , purchasing more than 60 per cent of total PKS exports in PKS is a primary fuel that is used by many independent power producers in Japan who want to get benefit of the feed-in-tariff FIT which is a part of the country's policy for low-carbon generation.
The FIT scheme offers a year subsidy to firms which generate renewable energy. Increasing investments in biomass plants in this region will also bolster the wood pellet market growth during the next five years. For example, in February , Renova Inc made a final investment decision FID and achieved financial close for the The biomass power plant will use wood pellets and PKS as a fuel source and is planned to get started by March These companies hold a noteworthy share in the market on account of their good brand image and product offerings.
Major players in the global Wood Pellet market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.
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