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ARIAD Announces Support of Patients with Resistant or Intolerant CML Through Its Donation to Chronic

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ARIAD Announces Support of Patients with Resistant or Intolerant CML Through Its Donation to Chronic Disease Fund

CAMBRIDGE, Mass.–(BUSINESS WIRE)– ARIAD Pharmaceuticals, Inc. (NAS: ARIA) today announced that it had made a donation to the Chronic Disease Fund (CDF) in support of patients with chronic myeloid leukemia (CML) who are resistant or intolerant to prior therapy. CDF is an independent non-profit charitable organization that helps eligible patients with chronic diseases, cancer and other life-altering conditions obtain the life-saving medications they need. Through ARIAD‘s contribution, the organization will provide financial assistance to eligible patients with resistant or intolerant CML who require help paying their out-of-pocket expenses, including co-pays or co-insurance. CDF will determine the distribution of these funds and patient eligibility.

“Approximately 5,000 new cases of CML are diagnosed each year in the United States, and over time, many of these patients will develop resistance or intolerance to tyrosine kinase inhibitors,” said Marty Duvall, senior vice president, commercial operations at ARIAD. “ARIAD is dedicated to helping these refractory or intolerant patients receive the medications they need, and we are proud to support the CDF as it assists patients.”

In addition, ARIAD has a patient assistance and support program designed to help healthcare professionals or patients access, afford and adhere to treatment. Information on the ARIAD PASS™ program for patient assistance is available by calling 1-855-447-PASS (855-447-7277) or visiting www.ARIADPASS.com.

About ARIAD

ARIAD Pharmaceuticals, Inc., headquartered in Cambridge, Massachusetts and Lausanne, Switzerland, is an integrated global oncology company focused on transforming the lives of cancer patients with breakthrough medicines. ARIAD is working on new medicines to advance the treatment of various forms of chronic and acute leukemia, lung cancer and other difficult-to-treat cancers. ARIAD utilizes computational and structural approaches to design small-molecule drugs that overcome resistance to existing cancer medicines. For additional information, visit http://www.ariad.com or follow ARIAD on Twitter (@ARIADPharm).

ARIAD Pharmaceuticals, Inc.
For Investors:
Kendra Adams, 617-503-7028
Kendra.adams@ariad.com
or
For Media:
Liza Heapes, 617-621-2315
Liza.heapes@ariad.com

KEYWORDS:   United States  North America  Massachusetts

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The article ARIAD Announces Support of Patients with Resistant or Intolerant CML Through Its Donation to Chronic Disease Fund originally appeared on Fool.com.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

GE Capital Extends Financing Program for 1,200 Brunswick Marine Dealers across U.S. and Canada

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By Business Wirevia The Motley Fool

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GE Capital Extends Financing Program for 1,200 Brunswick Marine Dealers across U.S. and Canada

CHICAGO–(BUSINESS WIRE)– GE Capital’s Commercial Distribution Finance (CDF) business announced today an extension through 2016 of its dealer finance programs with Brunswick Corporation in the U.S. and Canada. This extension will provide Brunswick’s dealer network with inventory financing for its boat brands as well as Mercury Marine engines.

In the U.S., CDF and Brunswick agreed to extend their joint venture, known as Brunswick Acceptance Company (BAC). Formed in 2002, BAC provides a long-term source of wholesale inventory financing for Brunswick boat dealers. BAC is the largest floorplan finance provider for Brunswick boat brands and Mercury Marine engines in the U.S., as well as one of the largest providers of wholesale financing programs and service to the marine industry.

“We are very happy to continue our joint venture relationship with Brunswick for another four years,” said Bruce Van Wagoner, president of CDF‘s marine business. “We are committed to providing their dealers with flexible financing and the best customer experience possible to help them succeed.”

“Our relationships with our dealers extend well beyond providing them with just great boats and engines,” said Brunswick chairman and chief executive officer Dustan E. McCoy. “We have long believed that, as our dealers prosper, so will we. BAC has a demonstrated ability to provide market-leading products and services as a stable and affordable source of financing. It’s an important tool dealers can use to help provide boaters with a fully satisfying ownership experience. Further, the extension of this agreement is a reflection of our confidence in BAC as well as the commitment that the partners have in the U.S. marine industry.”

In Canada, CDF renewed its agreement to be the strategic inventory finance provider for Brunswick boat dealers through 2016. “Over the years, we have developed great relationships with their dealer network, and we look forward to continuing to serve them at the highest level,” said Howard Shiebler, president of CDF Canada.

For more than 50 years and through all business and economic cycles, CDF has offered customer-centric floorplan financing programs that enable marine dealers to stock a broad selection of new and pre-owned products. Floorplan financing, also known as inventory financing, is an important element of a successful manufacturer-dealer business model as manufacturers and distributors benefit from enhanced product flow and increased sales opportunities, and dealers obtain improved terms and credit availability.

About Brunswick Corporation

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

GE Capital Launches New Credit Facility for ASI System Integration, Inc.

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By Business Wirevia The Motley Fool

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GE Capital Launches New Credit Facility for ASI System Integration, Inc.

$40 million of inventory working capital will fuel growth

CHICAGO–(BUSINESS WIRE)– GE Capital’s Commercial Distribution Finance (CDF) business announced today that it has established a $40 million inventory and working capital financing credit facility for ASI System Integration, Inc. (ASI), a technology consulting service based in New York, N.Y. that works with corporate, public sector and reseller clients.

Providing an alternative to standard open account terms, which typically require payment in full within 30 days, inventory and working capital financing programs allow companies in the information technology (IT) channel to address the cash conversion cycle from inventory procurement and service billing to accounts receivable collection.

“We chose to work with GE Capital because of its global reach, broad capabilities and excellent reputation in the market,” said Sonny Chabra, ASI‘s chairman and CEO. “This financing provides us with the credit and flexibility necessary to continue to follow our growth strategy.”

“We are pleased that ASI chose GE Capital to provide working capital financing to grow its business,” said Mike Marcolina, managing director at CDF. “The opportunity to help fast-moving American businesses like ASI reinforces our commitment to the channel community.”

CDF has supported the IT industry for more than 30 years. It is the financing provider to more than 250 vendors and 1,400 resellers. It provided $12 billion in channel financing last year.

About ASI System Integration, Inc.

ASI provides a range of IT solutions for all industries, including consulting, systems design, integration, lifecycle sourcing, asset disposition and IT workforce staffing. Computer Reseller News recently named ASI to its 19th annual Solution Provider 500 list (formerly the VAR500), which ranks the highest producing integrators and solution provider organizations in the IT channel. For more information, please visit www.asisystem.com.

About GE Capital, Commercial Distribution Finance

GE Capital, Commercial Distribution Finance provided nearly $31 billion in financing for more than 40,000 manufacturers, dealers and distributors across North America in 2012. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management and related financial products. Customers have access to exclusive online tools and analytics to manage their accounts and inventory. For more information, visit http://www.gecdf.com/ or follow company news via Twitter (<a target=_blank …read more
Source: FULL ARTICLE at DailyFinance