Recludix Pharma to Present at the Oppenheimer 35th Annual Healthcare Life Sciences Conference
To access the live and archived webcast, visit the News & Events page of the company's website at https://recludixpharma.com/news-events. The archived webcast will be available for 30 days following the presentation.
About RecludixRecludix is a leader in developing platform approaches to discover potent and selective inhibitors of challenging protein targets. The company's management team includes industry veterans with a track record of success, including former leaders of Seagen, Blueprint Medicines, and Lilly. Recludix has developed a unique drug discovery platform that integrates custom generated DNA-encoded libraries, massively parallel determination of structure activity relationships, and a proprietary screening tool to ensure selectivity. The company is employing this approach first in the development of SH2 domain inhibitors. Recludix's most advanced programs are focused on STAT (signal transducer and activator of transcription) proteins where abnormal activation is found in inflammatory diseases, such as rheumatoid arthritis, asthma, atopic dermatitis, and inflammatory bowel disease. The company has a strategic partnership with Sanofi for the development and commercialization of a STAT6 inhibitor. Recludix is also advancing STAT3 inhibitors for Th17-mediated I&I diseases, as well as additional programs. Recludix was named a 2024 Fierce 15 biotech company. For more information, please visit the company's website at https://recludixpharma.com.
Recludix ContactsMatt Caldemeyer Chief Business Officermcaldemeyer@recludix.com
Alexandra Santos asantos@wheelhouselsa.com
Aljanae Reynoldsareynolds@wheelhouselsa.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
6 hours ago
- The Hill
A hybrid electric grid is answer for today's energy woes
U.S. electricity demand is rising rapidly, and all the while the electric system is operating closer to its physical limits, causing more frequent system disturbances. These problems will increase in number and severity if we continue down our current path. Most national attention has focused on the need for additional generation. However, the power produced by these generators cannot be delivered to the trillions of devices that use this energy without a robust network of transmission lines that links generators to local distribution networks throughout the country. The current patchwork legacy system of jurisdictional responsibilities and competing state interests bottlenecks the needs of the 21st century electric economy. Transmission siting approvals are shared among many redundant decisionmakers based on laws enacted when interstate transmission was in its infancy. The result is that sub-regional decisions are made that fail to take full consideration of the advantages, economies of scale and the best new technologies that benefit the interconnection as a whole. A high-voltage direct current (or DC) transmission system, for example, can overlay the alternating current or AC grid, providing significantly more capacity to move power large distances to users. High-voltage DC, however, can only be optimized by studying the electric network as a whole. The average age of our transmission lines is between 40 and 50 years. Obtaining required approvals of new projects can take decades, and lines proposed to meet minimum reliability requirements are often rejected for political reasons or abandoned by their proponents as costs and delays accumulate. As the grid is stretched closer to its physical limits, lower-cost generators operating below their full capability cannot help regions in distress because of the delivery limitations of the AC system. As recently observed, the Northeast operated near critical limits during an extended heat wave, while generation in neighboring areas couldn't be delivered to alleviate the concern. NERC, the national agency responsible for reliability of the high voltage electric system, stated in its 2024 Reliability Report that 35 GWs of additional transfer capability was needed throughout the national grid. Electricity does not flow over transmission lines like water or natural gas through pipes. Changes in supply or demand and other system conditions instantaneously impact power flows across the entire Eastern (600GWs), Western (160GWs) and Texas (95 GWs) AC interconnections based on physical laws unique to electricity. This speed-of-light delivery must be kept in balance between power sources and uses at all times, while maintaining a constant frequency of 60 hertz and ensuring that the amount of energy transmitted does not exceed the capacity of any individual transmission line in the interconnection. Every second, complex computer programs surveil every source, line and use to identify limitations that result from system changes so that operators can respond effectively. Because every change affects the entire AC network, complex, protracted studies must be made for all system additions, slowing down the ability to keep up with requests to connect to the system. The Chinese and Europeans have long recognized these same problems. In 2005, the Chinese began to overlay their 1300 GW AC grid with an high-voltage DC system, creating a hybrid grid that currently consists of 55 HVDC lines with a combined 170 GWs of transfer capacity. Another 27 GWs is under construction. Many of China's high-voltage DC lines are more than 1,500 miles long, and a new 12 GW line is over 2,100 miles long, which is like connecting California to the MidAtlantic. The Europeans formed a consortium, ' Friends Of The Supergrid,' in 2006 to consider a high-voltage DC supergrid over their 540 GW AC grid. Europe also established ENTSOe, a group of all transmission owners, to study their collective transmission needs and coordinate a unified plan with the European Union. But the U.S. has not taken full advantage of high-voltage DC capability and other important new technologies. In 2016, Alexander Macdonald published a study based on 10 years of NOAA supercomputer analysis of system conditions and weather patterns, which concluded that every dollar of high-voltage DC investment would produce $3 of benefits while also substantially reducing carbon emissions. Opportunities also exist to replace existing conductors with composite core conductors, which would substantially increase the carrying capacity of existing lines. And a new technology known as grid-forming inverters can detect system anomalies in milliseconds, providing immediate benefits to real time grid reliability. This capability is especially important as more 'rotating iron' is reaching the end of its useful life. If these matters are not addressed, America will not have the energy to meet the needs of a growing economy. We need a program to upgrade the national electric grid, which should include three critical elements. First, like the establishment of the transcontinental railroad and interstate highway system, America needs to build a national, preferably buried, network of high-voltage DC lines that overlays the existing AC network. In addition to the physical security and environmental advantages, buried high-voltage DC lines can be placed in the same Right of Way as existing AC transmission lines. Second, the transfer capacity of the existing AC network should be improved by hot line conversion, without taking any line outages, to composite core conductors on crucial circuits. Third, the advantages of grid-forming inverters to real-time grid reliability are intuitively obvious; installation of these devices should be a priority. With rapidly rising demand, the future is coming at us quickly, and we are not ready for it. These three priorities, effectively implemented, would assist in ensuring that there is sufficient reliable energy to meet the growth needs of the American economy.
Business Upturn
10 hours ago
- Business Upturn
Remittix Announces Q3 2025 Beta Wallet Launch with Solana Network Support, Raising Over $17.3 Million in Ongoing Presale
KOŠICE, Slovakia, July 26, 2025 (GLOBE NEWSWIRE) — Remittix (RTX) , a crypto payments platform aiming to simplify cross-border and freelance transactions, has confirmed the Q3 2025 launch of its beta wallet, alongside newly announced integration with the Solana blockchain. These developments mark key milestones in Remittix's roadmap toward enabling fast, low-cost, and user-friendly crypto-to-fiat payments. As of July, Remittix has raised more than $17.3 million in presale contributions and sold over 575 million RTX tokens, with a limited-time 50% token bonus still available for early adopters. Beta Wallet Launch Set for Q3 2025 The upcoming Remittix Wallet (beta) will allow users to store, send, and manage crypto assets with near-zero fees. It is designed with a broader goal of making everyday crypto transactions—from remittances to bill payments—as seamless as sending a bank transfer. At launch, the wallet will support both Solana and Ethereum, giving users access to high-speed and scalable transaction infrastructure. 'Remittix is focused on building real-world financial tools that can simplify payments for freelancers, merchants, and global users,' said a spokesperson for Remittix. 'The beta wallet release will mark the beginning of that vision.' Solana Integration for Enhanced Transaction Speed By incorporating Solana, Remittix users will benefit from millisecond transaction speeds and ultra-low fees, making it ideal for use cases like micropayments, freelance earnings, and cross-border remittances. When combined with Ethereum's security and broad compatibility, the Remittix platform aims to offer both flexibility and performance. Crypto-to-Fiat Utility on the Roadmap In addition to basic crypto wallet functionality, Remittix is working toward introducing instant crypto-to-fiat conversion. This future feature will enable users to spend RTX tokens directly on goods, services, or bill payments without relying on third-party exchanges. Target use cases include: Contractor and freelance payments Retail and merchant acceptance Instant global remittances Crypto-based bill settlements While this utility will roll out post-beta, the infrastructure is being built with compliance and scalability in mind. Additional Highlights $250,000 Remittix Giveaway currently live for the community currently live for the community Token price: $0.0842 with 50% bonus available during the current phase $0.0842 with 50% bonus available during the current phase Q3 2025: Target release window for the beta wallet About Remittix (RTX) Remittix is a blockchain-based payment ecosystem focused on delivering practical crypto utility for global users. Through its low-fee cross-border features, dual-chain architecture, and upcoming fiat conversion capabilities, Remittix seeks to reduce friction in digital payments and make crypto more accessible to non-technical users. With over $17.3 million raised and an expanding user base, Remittix continues to move toward a more integrated financial future—one where crypto serves as a functional alternative for real-world payments. For media inquiries: Visit Remittix Whitepaper & Presale Info Follow Remittix on X for official updates Disclaimer: This content is provided by Remittix . The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at: Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Upturn
10 hours ago
- Business Upturn
Remittix Confirms Q3 2025 Beta Wallet Launch with Solana and Ethereum Support, Presale Surpasses $17.3 Million
KOŠICE, Slovakia, July 26, 2025 (GLOBE NEWSWIRE) — Remittix (RTX) , a crypto payments project focused on practical financial utility, has officially announced the Q3 2025 launch of its beta wallet featuring Solana and Ethereum integration. The news follows strong momentum in its presale phase, which has now exceeded $17.3 million in contributions and 573 million tokens sold. The Remittix Wallet aims to bridge digital and real-world payments, offering users an easy-to-use platform for low-fee transfers, multi-chain compatibility, and a future rollout of crypto-to-fiat functionality. Beta Wallet Release Set for Q3 2025 The Remittix beta wallet is built to serve individuals looking for simplified digital payments without the burden of excessive fees or complex conversion systems. At launch, it will support Ethereum and Solana, two leading blockchain networks known for speed, scalability, and strong developer ecosystems. Key wallet features include: Secure multi-chain asset storage Low-cost peer-to-peer transactions Infrastructure prepared for crypto-to-fiat utility in later phases 'The upcoming wallet release is a foundational step toward enabling seamless, real-world crypto payments for a global user base,' said a Remittix spokesperson. Crypto-to-Fiat Payments on the Horizon Following the wallet beta release, Remittix plans to introduce crypto-to-fiat conversion tools that will allow users to spend RTX and other assets in real time—without centralized exchanges or third-party apps. This feature is expected to support use cases such as: Cross-border remittances Contractor and freelancer payments Retail and merchant transactions Direct utility or bill payments in crypto The goal is to make everyday transactions with digital assets as intuitive and immediate as traditional payment methods. Growing Community and Presale Support Remittix's presale continues to gain traction, now surpassing $17.3 million raised with 573 million+ tokens sold. A 50% token bonus remains available to participants for a limited time, alongside a $250,000 giveaway currently open to the public. Project Highlights Beta Wallet Launch: Targeted for Q3 2025 Targeted for Q3 2025 Multi-Chain Support: Solana and Ethereum enabled Solana and Ethereum enabled Future Roadmap: Crypto-to-fiat tools under development Crypto-to-fiat tools under development $17.3M+ Raised: Over 573 million tokens sold Over 573 million tokens sold Community Offers: 50% bonus tokens and $250K giveaway live About Remittix Remittix (RTX) is a crypto payments platform developed to integrate blockchain into everyday life. By offering fast, cost-efficient transactions and building toward instant crypto-to-fiat usability, Remittix aims to empower global users—including freelancers, remote workers, and digital natives—with a modern financial toolkit. The beta wallet launch in Q3 2025 will mark the first major release in its roadmap, with ongoing presale contributions supporting further development. For media inquiries: Visit Remittix Whitepaper & Presale Info Follow Remittix on X for official updates Disclaimer: This content is provided by Remittix . The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
