Throat Lozenges Market Trends Analysis Research Report 2020-2027

 The latest report published by Market Research Future (MRFR) reveals that the global throat lozenges market will surpass a valuation of USD 6000 Mn by the year 2023. Throat lozenges have been receiving a positive response from consumers. Being an easily available OTC product, throat lozenges sales remain strong globally. In addition, they can be easily consumed having no unpleasant taste or smell unlike other medicines. Brands are introducing new flavours to offer more options to consumers, which is impacting positively on the market. Over the years, throat lozenges have become more effective in providing relief. Cold and cough is extremely common all over the world, which continues to drive the demand for treatments and medications that are aimed towards it. The aforementioned factors are supporting the growth of throat lozenges market. The market is projected to witness a compound annual growth rate of 4.20% during the assessment period (2018-2023).

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Throat infections are common, and lozenges are usually the first line of defence for such conditions. Throat lozenges brands continue to leverage marketing tools to increase the commercial visibility of their product.  Other factors that are linked with the growth of global throat lozenges market include the development of new ingredients, rapid product penetration in fast-developing countries and low-price of throat lozenges. However, the availability of alternative treatments and therapies somewhat inhibit the market opportunities for throat lozenges.

Global Throat Lozenges Market: Segmental Analysis

MRFR’s report include a descriptive segmental analysis of the market based on type, ingredient, and indication. By type, the market has been segmented into hard-candy lozenges, soft lozenges, and compressed lozenges.  The hard-candy segment is further sub-segmented into chewy or caramel based medicated tablets and centre filled hard-candy lozenges. The hard candy lozenges segment currently accounts for more than one-third share of the market and is expected to remain highly lucrative during the forecast period. In 2017, over USD 2400 Mn worth hard-candy lozenges were sold globally. By ingredient, the market has been segmented into menthol, eucalyptus oil, mint, peppermint oil, honey & ginger, lemon, and others. Among these, the menthol segment accounts for the largest market share. In 2017, the segment reached a market valuation in excess of USD 1700 Mn and projected to expand at a CAGR of 3.45% by 2023. By indication, the market has been segmented into cold and cough, sore throat, throat diseases, and others. The sore throat segment holds the pole position and the trend is likely to continue over 2023. The segment surpassed a market valuation of USD 2400 Mn in 2017.

Global Throat Lozenges Market: Regional Analysis  

The report also includes a regional analysis of the market that covers Europe, North America, Asia Pacific (APAC), South America and the Middle East & Africa (MEA). Currently, North America and South America collectively account for the largest market share. In 2017, the Americas accounted for more that 31% share of the market.  North America in particular is expected to remain an important market for throat lozenges during the review period. Sales of OTC medial products including throat lozenges will continue to grow in the region in the years to come. Meanwhile, Europe has emerged as the single largest market for throat lozenges. Prevalence of common cold is considerably high in various parts of Europe, which acts as favorable element for the region’s throat lozenges market.

Global Throat Lozenges Market: Competitive Landscape

Bausch Health Companies Inc, Procter & Gamble, Prestige Brands Inc, Wrigley Company, Reckitt Benkiser Group plc, Gepach International, Bliss GVS Pharma Ltd, Thornton & Ross, Ricola AG, Ernest Jackson, Mondelēz International group, GlaxoSmithKline, Pfizer Inc., Doestsch Grether AG are some of the leading companies profiled in MRFR’s report.

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Soaring Demand Drives Global Digital Genome Market Growth During the Forecast Period, 2020-2027

 The penetration of advanced technology in the healthcare sector has developed various techniques for studying different parameters in this sector. Digital genome is one such emerging technology that avails the complete set of genes in digital format which aid in the detailed understanding of genes and their biological functions. According to the report that has been published by Market research Future (MRFR), the global digital genome market is anticipated to project significant growth in the coming years.

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Market Drivers and Restraints:

The high prevalence of various genetic disorders has generated the emergence of advanced techniques to study the issues and find remedies to them. The digital genome technology allows the scientists to convert a large amount of data into more sorted and simpler format which help them in solving the problems. The digital genome technology provides overall genetic make-up of the disease which aids in making critical decisions regarding the treatment procedures. The high demand for simplified genetic information in order to shorten the time required for understanding the diseases and providing relevant treatments is majorly driving the growth of the global digital genome market.

The rapidly increasing geriatric population, current developments in the biotech sector, increasing prevalence of Alzheimer's disease and increasing research in the field of genomics are some of the major factors that are fueling the growth of the global digital genome market. However, the high cost of digital genome technology, lack of knowledge regarding digital genome, security issues and inaccuracy of the results are likely to create hindrance in the expansion of the global digital genome market.

Market Segmentation:

The global digital genome market has been segmented on the basis of product, application and end-users. Based on product, the digital gnome market is segmented into sequencing services, sequencing instruments, sequencing consumables, bioinformatics and sample preparation kits and reagents.

Based on application, the global digital genome market is segmented into diagnostics, agriculture & animal research, personalized medicine, drug discovery and treatment analysis. Based on end-users, the digital genome market is segmented into research centers and government institutes, academic institutions, pharmaceutical & biotechnology industries, hospitals, and diagnostic centers.

Regional Analysis:

Geographically, the global digital genome market is segmented into four major regions such as Americas, Asia Pacific, Europe and the Middle East and Africa. The global digital genome market is currently dominated by the Americas, owing to the high prevalence of chronic diseases such as cancer and diabetes and increasing research expenditure for development of proper treatments in this region

The skyrocketing demand for personalized medication and targeted therapy in the Europe region is fueling the growth of the digital genome market in this region. Whereas, the Asia Pacific region is anticipated to witness significant growth in the global digital genome market owing to the rapid development in the field of biotechnology and rising healthcare spending in this region.

The Middle East and Africa region accounts for the least share in the global digital genome market owing to the poor primary healthcare services and low penetration of advanced technology in the healthcare sector in various underdeveloped areas of this region.

Competitive Analysis:

The players in the global digital genome market are aiming towards expanding their businesses in the global market by increasing the research and development expenditure for development of upgrades in the field of digital genomes. The strategic mergers and acquisitions are aiding the players in gaining a competitive edge in the global digital genome market.

In June 2018, Digital DNAtix Ltd., a genetic blockchain company, has announced the pilot of a blockchain-based ecosystem and infrastructure for anonymous genetic testing, services and research with the help of digital genomes.

The major players that are highlighted in the report on the global digital genome market by MRFR are Umbel, BiogeniQ, GenomeMe, NanoString, Illumina, Inc. and others.

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Hepatitis B Treatment Market 2020 Analysis, Industry Size, Share Leaders, Current Status by Major vendors and Trends by Forecast to 2027

 Overview:

The global hepatitis B treatment market is expected to grow at an approximate CAGR of 5.3% during the forecast period, 2018–2024.
Hepatitis B is a viral infection caused by a hepatitis B virus. This infection lasts for a longer period and can cause many other complications, such as scarring in the liver, liver cancer or liver failure. The person suffering from hepatitis B faces various symptoms such as fever, fatigue, nausea, and muscle aches. The other symptoms include jaundice, swelling in the legs, poor appetite, drowsiness and many more. The key factors contributing the market growth are growing geriatric population, increasing the prevalence of viral infection and growing sexually transmitted diseases among the population contribute to driving the market growth. The World Hepatitis Alliance (WHA), 2017 reported that 52 million children across the world are living with viral hepatitis. Such a huge population suffering from Hepatitis boosts the market growth.
However, the factor such as the side effects or complication caused due to treatment may hamper the market growth. 

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Segmentation

The global hepatitis B treatment market is segmented on the basis of type, treatment, distribution channel, and region.
Based on type, the market is segmented into acute and chronic. On the basis of treatment, the global hepatitis B treatment market is segmented into immune modulator drugs, antiviral drugs, vaccine, and surgery  (liver transplant). The immune modulator drugs are further sub-segmented into pegylated interferon and interferon alpha. The antiviral drugs are sub-segmented into tenofovir disoproxil, entecavir, telbivudine, lamivudine, and others. By distribution channel, the market is segmented into hospital & retail pharmacies and online pharmacies.

Regional Analysis

The Americas dominates the global market for hepatitis B treatment. Factors such as the presence of a large number of healthcare companies, increasing geriatric population and high healthcare expenditure among the population within the Americas drives the market. The National Vaccine Information Center reported 3,370 cases of hepatitis B were reported in the US in 2015.

Following similar trends, Europe stood second in the global hepatitis B treatment market. The increased prevalence of viral diseases and growing healthcare expenditure in this region boost market growth. Also, the presence of developed economies, increasing healthcare facilities, and rising government funding for healthcare boost market growth. Asia Pacific was the fastest growing region for the global hepatitis B treatment market in 2017. This can be attributed due to the increasing incidences of HIV infection and rising demand for the treatment of viral infection among the population boosts market growth. 

On the other hand, the Middle East and Africa holds the least share in the global hepatitis B treatment market. The poor economies within the African region and lack of awareness about the treatment methods hinder the market growth.

Key Players

Some of the key players in the global hepatitis B treatment market are Accord Healthcare Inc., Apotex Corp., Arbutus Biopharma, Arrowhead Pharma, Aurobindo Pharma Limited, Bristol-Myers Squibb Company, Gilead Sciences, Inc., GlaxoSmithKline, Lupin Pharmaceuticals, Inc., Merck & Co., Inc., Par Pharmaceutical, Inc., Teva Pharmaceuticals, Zydus Pharmaceuticals, and others.

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Orthobiologics Market to Witness Widespread Expansion During 2020-2027

 Overview:

The global orthobiologics market had a market valuation of USD 4,964 million in 2019 and from there, the market is expected to garner a CAGR of 5.6% during the forecast period of 2020 to 2025. Market Research Future (MRFR), in its attempt to dig deep into the market, revealed several factors that can have a lasting impact on global growth. 

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Drivers and Restraints:

Among the major factors driving the global market ahead, the rising demand for minimally-invasive procedures, increasing cases of trauma and accidents that lead to procedures where orthobiologics are needed, rising technological inclusion, hike in investment for research and development, cases of obesity and geriatric population, and others are expected to boost the market prospect. A better state of disposable incomes can also inspire growth for the market. 

However, there are problems related to reimbursement policies owing to which the market may find the growth a bit restricting in the coming years. The recent COVID-19 pandemic may also restraint market growth to some extent.

Segmentation:

The global orthobiologics market has been studied on the basis of a segmentation made by MRFR experts. The segmentation includes product, application, and end-user and they have been enriched by figures, charts, graphs, and others. 

By product, the global market on the orthobiologics has been segmented into bone morphogenetic protein (BPM), synthetic bone substitutes, demineralized bone matrix (DBM), viscosupplementation products, allograft, and others.

By application, the global market study has been segmented on the basis of an understanding of segments like spinal fusion, soft tissue injuries, fracture recovery, osteoarthritis & degenerative arthritis, and others. The spinal fusion segment was the dominant sector in 2018 as it was getting traction from spinal injuries from sports-related accidents, traumatic injuries, and accidents.

By end user, the global report includes a proper study of segments like hospitals, orthopedic clinics, and others.

Regional Analysis:

The global market will gain substantially from the American market as most of the major players are from this region. The regional market is also slated to benefit from the presence of the US and Canada, where the investment for such products is substantially high. Structural advantage will also help the regional market in including the latest innovations into the mainframe without making much fuss. 

Competitive Landscape:

Globus Medical Inc., Arthrex, Inc., Exactech, Inc., Johnson & Johnson, Wright Medical Group N.V., Zimmer Biomet, Medline Industries, Inc., Integra LifeSciences, Stryker Corporation, NuVasive, Inc., and others are some of the prominent names in the orthobiologics market. These companies are known for their substantial strategic involvement in taking the global market forward. Mostly, these companies rely on methods like innovation, better investment in research and development, merger, tie-up, branding, launching, acquisition, and others. MRFR recorded their moves to understand more about trends that can impact the global market. 

Industry News:

In June 2020, VIVEX Biologics, Inc., a company known for its performance in the field of regenerative medicine company with a specialization in the development of naturally sourced treatment options, revealed their results for the VAST study that wen through a 12-month trial to evaluate VIA Disc®, a non-surgical, injectable intradiscal treatment option for patients who have been affected by degenerative disc disease (DDD). They are yet to receive the acceptance report. 

In June 2020, Bioventus, an eminent company in the field of orthobiologic solutions, has announced that it would launch its SIGNAFUSE Bioactive Bone Graft in a new strip format. It will include 55% bioglass by weight and it can induce higher levels of osteoblast differentiation in comparison to other synthetic bone graft strips. 

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Drug Discovery Informatics Market 2020 Analysis, Industry Size, Share Leaders, Current Status by Major vendors and Trends by Forecast to 2027

 Market Synopsis

Market Research Future (MRFR) reveals that the drug discovery informatics market is set to capture a decent growth rate of 11.5% from 2020 to 2027. 

Growth Boosters and Challenges

The drug discovery informatics industry is gaining speed worldwide, primarily on account of the advances in high-performance web and computing services and the rising use of in-silico modeling devices. The generation of massive volumes of data related to drug discovery along with the heightened demand for medicine moieties could favor the global market. Introduction of innovative drug discovery information technology will amplify the competition level in the global market. To cite an instance, in January 2021, Certara, Inc. introduced physiologically based Pharmacokinetic Simulator platform version 20, Simcyp, which helps study the drug action during lactation and pregnancy.

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Furthermore, the surge in chronic ailments like oncology, diabetes mellitus, cardiovascular diseases (CVD), and several infectious disorders has raised the concerns among healthcare workers and government firms alike. Governments are taking up initiatives to boost financial assistance to facilitate upgradations in the pharmaceutical sector, which is touted to benefit the drug delivery informatics market.  

Market Segmentation

To offer a comprehensive framework of the drug discovery informatics industry, MRFR has profiled product, mode, service, and end user as the key segments in the report.

The products listed in the MRFR report are development informatics and discovery informatics.

Mode-wise segments are outsourced informatics and in-house informatics.

Services considered in the report include docking, sequencing and target data analysis, clinical trial data management, molecular modeling, and more. The sequencing and target data analysis segment should lead the global market over the next couple of years, given informatics solutions’ extensive applications in targeted analysis and the massive volumes of data produced drug discovery processes.

Major industry end users are contract research organizations (CROs), pharmaceutical and biotechnology industries, and others.

Regional Status 

The drug discovery informatics industry has been geographically divided into Europe, the Americas, Asia Pacific, or APAC as well as the MEA or Middle East & Africa.

The Americas has been at the forefront of the global market for drug discovery informatics since 2017 and is deemed to remain lucrative throughout the analysis period. Strong presence of several reputed contenders like PerkinElmer Inc., Thermo Fisher Scientific, Inc., and International Business Machines Corporation ensure the region’s elite position in the global industry. Moreover, the modern healthcare infrastructure, thriving biotechnology and pharmaceutical industries, and innovations in next-generation sequencing in Canada and the US also add to the American market’s value. Majority of the vendors in the Americas indulge in research collaborations and joint ventures and this could favor the market in the following years. To illustrate, in December 2020, Atomwise Inc. reported an extensive series of joint ventures with companies like OrganAi, A2i Therapeutics and vAirus, to launch programs related to immunology, oncology, infectious disease, neuroscience and clotting disorders.

Europe is the second highest gainer in the global market and will continue thriving rapidly in the next few years, thanks to the financial aid by the government in terms of research and development activities and the surge in therapeutic discovery ventures. Rise in these activities in line with growing participation of various universities, and academic and research institutes, could further strengthen the market position in Europe.

Asia Pacific will remain a highly lucrative market from 2020 to 2027 and expand at a fast pace backed by the expanding elderly population as well as the alarming rise in chronic disorders. Soaring awareness and significant use of drug discovery informatics, combined with the mounting number of clinical trials in the region also fosters the market value. Governments across multiple countries in the region are working on encouraging the use of bioinformatics for faster medicine discovery. To cite a reference, in July 2020, the Indian government introduced Drug Discovery Hackathon; a training program aimed at discovering effective molecules to fight against COVID-19. This objective is expected to be fulfilled with the use of drug discovery informatics tools that help identify, validate, and design the lead molecule.

The MEA market for drug discovery informatics should depict a decent growth in the years ahead, especially since North Africa and the Middle East account for close to 2% of the worldwide pharmaceutical sales. Exploding population and the resultant rise in drug consumption, especially higher-yield and more effective pharmaceutical products has drawn in a number of global pharmaceutical vendors. This could be a significantly favorable factor for the MEA market in the ensuing years.

Top Contenders

The players spearheading the global market for drug discovery informatics include Jubilant Life Sciences Ltd., PerkinElmer, Inc., IO Informatics, Inc., Infosys Limited, Novo Informatics Pvt. Ltd., Dassault Systèmes, Collaborative Drug Discovery Inc., Charles River Laboratories, Inc., International Business Machines Corporation, Selvita, GVK Biosciences Private Limited, Thermo Fisher Scientific, Inc., Certara, L.P., to mention a few.

Latest News

December 2020

Curve Therapeutics Ltd. adopted the CDD Vault platform for the management of its genetically encoded Microcycle platform that can be used in numerous applications across biotechnology, academic institutes and pharmaceutical. This platform helps secure and seamlessly share data faster and in real-time, thus assisting in collaborative discoveries.

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Healthcare Information Systems Market Growth, Trends and Value Chain 2020-2027

 Market Synopsis

The healthcare information systems market is projected to grow at a CAGR of 10.0% during the forecast period 2018 to 2023. As per the healthcare information systems market research report, the global market for healthcare information systems is projected to grow swiftly. According to analysts, increasing cost of healthcare as well as increasing geriatric population will drive the market growth during the forecast period. The healthcare information systems market research report offers a comprehensive analysis of the global healthcare information systems market and its deployment, components, end-users, and type segments. The low per capita income along with poor economic conditions in certain regions are the elements that could influence the healthcare information systems market advancement throughout the forecast period 2018 to 2023. The healthcare information systems market research report by expert analysts is developed to assist organizations in the healthcare information systems market.

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Market Segmentation

The global healthcare information systems market has been segmented based on deployment, components, end-users, and type. On the basis of type, the market for healthcare information systems is segmented based on pharmacy information systems, hospital information systems. Additionally, the market on the basis of components, is segmented into software, hardware. The global market for healthcare information systems is also covered based on the deployment segment which is further split into web-based, on premise. Based on end-users, the market is segmented into hospitals.

Major elements such as lack of expertise could obstruct the healthcare information systems market growth. However, according to the healthcare information systems market research report, mounting prevalence of fatal diseases along with increase in adoption of advanced technologies will propel growth throughout the forecast period 2018 to 2023. The healthcare information systems market is set to register growth at a high CAGR owing to these key factors. The exploration of deployment, components, end-users, and type segments along with regional markets has been given in the global healthcare information systems market research report. The research analysts studying the healthcare information systems market have put out market forecasts in the healthcare information systems market research report in order to support healthcare information systems market-based companies. The healthcare information systems market research report provides an extensive understanding of the healthcare information systems market based on the information and forecasts till 2023.

Regional Overview

North America, Europe, Asia Pacific and the rest of the world regional market for healthcare information systems are predominantly covered in the global healthcare information systems market research report. Country-level healthcare information systems markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level healthcare information systems markets are covered in the report. In Asia-Pacific (APAC) region, the country-level healthcare information systems markets covered are Japan, India, China, and others. The healthcare information systems market research report also explores the regional market for healthcare information systems present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The healthcare information systems market research report also covers regional markets from the rest of the world alongside healthcare information systems markets of Africa and the Middle East.

Competitive Landscape

Growing usage of digital healthcare infrastructure and enhanced efficiency of services are presumed to drive the healthcare information systems market growth worldwide. The global healthcare information systems market could be challenged by infrastructure based limitations, nevertheless, organizations in the healthcare information systems market will carry the growth rate forward. The healthcare information systems market research report presents company profiles of major companies active in the healthcare information systems market globally. Furthermore, the global healthcare information systems market report offers an all-inclusive analysis of the market collected from the healthcare information systems market’s primary and secondary sources covering both decision makers and thought leaders. The healthcare information systems market research report highlights such key areas assisting businesses operating in the healthcare information systems market to build better growth strategies.

Industry News

Despite a protest against a local non-profit, which provides approximately $30 million less and federal worries that the move could advertise public healthcare in the state, the Oklahoma Health Care Authority has approved the contract with a multinational software firm to share health information. A protest against the organization was lodged on 11 January by the Tulsa-based MyHealth Access Network calling the offering procedure "heavily flawed" as well as "arbitrary."

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Radiofrequency Ablation Devices Market 2020 Analysis, Industry Size, Share Leaders, Current Status by Major vendors and Trends by Forecast to 2027

 Market Synopsis

According to the research conducted at Market Research Future Reports (MRFR), the global radiofrequency ablation devices market is estimated to record a CAGR of 11.2% during the review period from 2018 to 2023. The advantage of radiofrequency ablation over other ablation medical procedures is projected to be the most significant factor driving the global radiofrequency ablation devices market 2020. Also, the higher success rate of radiofrequency is estimated to escalate the global radiofrequency ablation devices market at a global front. Besides, the increasing healthcare expenditure due to the growing diseases and victims is likely to have a substantial impact on the market in the forthcoming period. Diseases such as arthritis and osteoporosis have increased in number from the past few years, leading to significant growth in the market. Further, the increasing geriatric population is another crucial factor leading to the rise in the global radiofrequency ablation devices market.

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However, complications such as acute respiratory distress syndrome, which has a very low success rate, and the burning sensation are the treatment site of tissue are some of the important factors resulting in the obstruction of the global radiofrequency ablation devices market.

Market Segmentation

The global radiofrequency ablation devices market can be segmented on the basis of application, type, and geography.

On the basis of application, the global radiofrequency ablation devices market can be distinguished into Surgical Oncology, Cardiology and Cardiac Rhythm Management, Gynecology, Cosmetology, Pain Management

On the basis of type, the global radiofrequency ablation devices market can be distinguished into unipolar radiofrequency ablation and bipolar radiofrequency ablation

On the basis of geography, the global radiofrequency ablation devices market can be distinguished into the Americas, Europe, North America, Asia-Pacific, and the Middle East and Africa.

Regional Analysis

The global market for radiofrequency ablation devices is estimated to grow significantly during the review period. On the basis of region, the market can be segregated into the Americas, Europe, North America, Asia-Pacific, and the Middle East and Africa. As per the study, the global market is projected to be dominated by the Americas. The increasing cancer cases, along with the rising geriatric population, are estimated to be the most significant factor leading to the growth of the regional market. Further, the rise in the healthcare sector in the region is estimated to drive the regional market. The European market is projected to hold the second position in the global market. The increasing cases of cosmetology, gynecology, and pain management in the region is estimated to augment the regional market. The APAC region is projected to acquire the third position. However, the APAC region is likely to expand at the fastest pace during the review period. The increasing innovation and awareness about the medication in the region are likely to propel the regional market. On the contrary, the MEA region is estimated to acquire the least market share in the global market. The slow growth in the region can be accredited to the presence of low economy nations. The African regions lag behind. The majority of the market is anticipated to be acquired in the Middle East region. The developed economies, such as Dubai, Kuwait, and other Middle East nations, make most of the valuable contribution to expanding the market.

Key Players

The renowned players of the global radiofrequency ablation services market are Medtronic Inc, Stryker, Boston scientific corporation, Cosman Medical, Inc., Smith & Nephew, St. Jude Medical, Johnson & Johnson (J&J) services, Angiodynamics, LLC, RF Medical Co, Ltd, AtriCure, Inc., and others.

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