Cerus Advisors DMCC Kicks Off Operations
Cerus Advisors DMCC has launched global operations.
According to a media release, Cerus provides funding and experienced-based, strategic support to its portfolio companies to guide their growth. The firm is led and managed by a team of highly experienced professionals and entrepreneurs with a long standing track record in investment management and operations. The team includes Marios Fotiadis, M.B.A, Kleanthis G. Xanthopoulos, Ph.D., Gabriela M. Le Henand, and Riccardo Ricciardelli, M.B.A.
"We know from our collective experience that the intrinsic value of a company needs to be protected through the right financial, operational and strategic guidance," said Marios Fotiadis, M.B.A., Chairman, Manager Partner. "Cerus' business model is enhanced through our ability to deploy funding as well as strategic and operational value to our portfolio companies by utilizing our unique platform. We look forward to establishing Cerus as the global partner of choice to entrepreneurs who align with our investment philosophy and vision."
"The life sciences industry is an incredibly fascinating, innovative and very fast growing global enterprise. Recent scientific advances have opened new dimensions in drug discovery and medical technologies based on the industry's desire to innovate. By contrast, the way we build and capitalize life sciences companies has remained stagnant, with venture and private capital serving as the most common way to enable growth opportunities," said Dr. Kleanthis G. Xanthopoulos, Managing General Partner. "With the birth of Cerus, we intend to create an alternative to the traditional investment models to keep pace with our industry and create long-term value for our founding entrepreneurs and syndicated investors."
The team seeks life science opportunities with technologies and concepts that address unmet medical needs, have high-value supportive intellectual property, and are in attractive therapeutic areas. In real estate, the team is focusing on commercial growth opportunities.
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THE DAILY VIEW
Papyrus Joins Forces with Designer Lela Rose
Papyrus is looking to bring the “elegance and style” of fashion to its greeting cards via a new designer collaboration series.
According to a release, the collaboration marks the first time a fashion design house and greeting card brand have joined forces to develop a custom greeting card collection.
Papyrus said it is partnering with American fashion designer Lela Rose to introduce the series. Rose will feature her "sophisticated yet modern style" in the debut card and gift collection, slated to launch during New York Fashion Week. The collection will be available in New York City Papyrus stores and select retailers in September, with availability expanding to all Papyrus locations and retailers in October.
"The fashion designer collaboration series is a celebration of the commitment Papyrus has to the arts, including a focus on the fashion industry, quality craftsmanship and trend-forward design," said Christy Kaprosy, President of Papyrus-Recycled Greetings. "We are delighted to have Lela Rose's elegant line lead the first Papyrus fashion designer collaboration program, and we are excited to bring more fashion designers to our loyal customers in the future."
The company noted the collection, which draws inspiration from some of Rose's recent runway designs, consists of 16 cards and five gift accessories, including gift bags, gift tissue, roll wrap and a gift tag set. It also will be available online at papyrusonline.com
"I'm thrilled to be the first designer to collaborate with Papyrus on their exclusive new fashion series," said Lela Rose. "This is a unique way to showcase our designs, silhouettes and prints, and extend the brand into a new category."
- Big Gift: Bill Gates, founder and co-chair of the Bill & Melinda Gates Foundation, has committed $50 million to fight the epidemic.
- Early Donation: In August, Paul G. Allen Family Foundation donated $2.8 million toward the outbreak in West Africa.
- Latest Pledge: Facebook founder Mark Zuckerberg and his wife Priscilla Chan this month pledged $25 million to the CDC.
- Corporate Funds: World Bank Group in August pledged up to US $200 million in emergency funding to help Guinea, Liberia, and Sierra Leone contain the spread of infections.
- Crowdfunding: Scripps Research Institute's Erica Ollman Saphire seeks to raise $100K for equipment to speed her work, partially funding by U.S. government.