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Turkish Healthcare Startup RS Research Uses Nanotech To Selectively Destroy Tumors
The startup designed a nanotechnology platform for highly targeted delivery of drugs directly to cancer cells.
All currently available types of treatment for cancer leave a lot to be desired — both in terms of their effectiveness and side effects. Chemotherapy, for example, is effective at preventing cancer from spreading to other parts of the body and even capable of eliminating it entirely, but it can’t tell the difference between cancer cells and healthy cells. Turkish healthcare startup RS Research strongly believes that it has the recipe for significantly increasing the effectiveness of drug-based cancer treatments like chemotherapy.
The startup designed a nanotechnology platform for highly targeted delivery of drugs directly to cancer cells. The platform is called Sagitta, and the name comes from the Latin word for “arrow.”
“Sagitta platform is a groundbreaking technology approach utilizing Polymer Drug Conjugates to target the tumor with a high payload of cytotoxins; resulting in high efficacy with reduced side-effect profile. In addition to moving our own candidates through clinical development, Sagitta platform is available for co-development projects,” explains RS Research on its website.
In other words, Sagitta allows drugs to do their job with minimal side effects, making it possible to avoid causing damage to healthy cells. If everything goes right, the technology could be used to support cancer treatment in Turkey and beyond as early as 2024.
Also Read: FDA Approves Israeli Cancer-Freezing Technology
Together with other innovative cancer treatments, such as gene therapy, hormone replacement therapy, and immunotherapy, scientists and doctors are gradually expanding the range of treatment options available to cancer patients, and we can only hope that a real cure isn’t too far away.
Not too long ago, the FDA approved an Israeli medical technology after demonstrating its ability to eliminate tumors using new cancer-freezing technology.
The COVID-19 pandemic has greatly accelerated many areas of medical research, and it would be a welcome turn of events if some coronavirus-related findings helped finally defeat cancer.
News
NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country
NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
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