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MGI Tech announces partnership with Universidad de San Martín de Porres to strengthen human genetics research

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The implementation of MGI Tech’s next-generation genomic sequencing (NGS) technologies will strengthen scientific research in the country, enabling the identification of key genetic variations, contributing to disease prevention, and personalizing medical treatments.A team of specialists from USMP will work on advancing five research projects focused on rare diseases, infectious diseases, cancer, pharmacogenomics as well as understanding the genetics of native communities.

LIMA, Peru, Dec. 1, 2024 /PRNewswire/ — MGI Tech Co., Ltd. (“MGI”), a company committed to building core tools and technologies that drive innovation in life science, announced a partnership with the Universidad de San Martín de Porres to strengthen human genetics research through the implementation of next-generation genomic sequencing (NGS) technologies in the laboratory in the laboratory of the university’s Genetic and Molecular Biology Research Center. This advancement will enable the identification of genetic risk factors in the population for the development of future public health treatments.

Carlos Carpio, Commercial Director for MGI Latin America, highlights that this partnership is a milestone will significantly enhance genetic research in the country by enabling large-scale studies of human genomes, exomes, and metagenomics with more speed and precision in Peru and Andean countries. “This technological upgrade will allow for the complete automation of the process, from sample preparation to bioinformatic analysis. The implementation will not only reduce research times and costs but also democratize access to this technology in the country, providing more opportunities for training highly specialized professionals in genomics and bioinformatics.”

The laboratory is equipped with the DNBSEQ-G400RS sequencer*, the MGISP-100 automated library preparation system, and MGI’s MEGABOLT bioinformatics accelerator, which will enable USMP researchers to carry out advanced studies with precision and speed.

Dr. Ricardo Fujita, Director of the Research Institute and investigator of the Genetic and Molecular Biology Research Center of the Faculty of Human Medicine at the Universidad de San Martín de Porres, points out that Peruvians and Andean populations are part of the 80% of global populations that are not represented in medical and genomic studies.

“The lack of inclusion limits the ability to identify the genetic causes of various conditions such as rare diseases, cancer, or diabetes, or responding adequately to drugs, making it difficult to treat them in a personalized and effective way.”

A recent study by the Universidad de San Martín de Porres reveals that the average indigenous genetic heritage of the Peruvian population is 70%, underscoring the need to investigate specific genetic characteristics for the study of diseases and the development of more precise treatments.

Thanks to this advanced technology, Dr. Fujita, along with seven researchers from the university, will lead five ambitious research projects:

Rare diseases: Focusing on neurological, neuromuscular, ocular, dermatological, autism spectrum, and developmental conditions.Cancer: Over the next two years, they will analyze 200 cases of sporadic cancers (without family history or hereditary mutations) to study hereditary predispositions and explore genetic and epigenetic markers.Immunogenomics and pharmacogenomics: Genetic variants in the Peruvian population that influence susceptibility and resistance to infections will be investigated.Genetics of native populations: In four years, 1,000 genomes from South American native populations will be contributed to open databases, helping build a Peruvian BioBank.Metagenomics: 1,000 metagenomic samples will be analyzed to study microorganisms causing infectious diseases, especially transmissible ones, and the normal human microbiome in the Andes and Peruvian Amazon over the next two years.

Dr. Fujita highlights that, with the implementation of this technology, the university will be able to collaborate closely with hospitals and academic institutions in researching diseases prevalent in Peru and neighboring countries. “The incorporation of MGI Tech’s state-of-the-art equipment will promote a significant advance in genetic research in the region. This will make it possible to identify genetic risk factors specific to our population and contribute to the development of personalized treatments tailored to local needs.”

Furthermore, the expert predicts that this technology will strengthen the training of future professionals in genetic medicine and molecular biology. “This initiative positions USMP as a leader in genomic research in the region, driving the development of personalized medicine and contributing to a better understanding of human health.”

*For Research use only and not for use in any diagnostic procedures.

About MGI 

MGI Tech Co., Ltd. (or its subsidiaries, together referred to MGI) is committed to building core tools and technologies that drive innovation in life science. Our focus lies in research & development, manufacturing, and sales of instruments, reagents, and related products in the field of life science and biotechnology. We provide real-time, multi-omics, and full spectrum of digital equipment and systems for precision medicine, agriculture, healthcare and various other industries. 

Founded in 2016, MGI has grown into a leader in life science, serving customers across six continents and have established research, manufacturing, training, and after-sales service facilities globally. MGI stands out as one of the few companies capable of independently developing and mass-producing clinical-grade gene sequencers with varying throughput capacities, ranging from Gb to Tb levels. With unparalleled expertise, cutting-edge products, and a commitment to global impact, MGI continues to shape the trajectory of life sciences into the future. To learn more, please visit https://en.mgi-tech.com/, LinkedIn, X, and YouTube. 

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SOURCE MGI TECH

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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October 19, 2026

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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October 19, 2026

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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October 19, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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