The Monaco Scientific Centre has become the first public establishment in Monaco to take an interest in a private company, signing a financial agreement with local startup Coraliotech, which recreates coral molecules to be used in health products.
The finance deal was signed between the Monaco Scientific Centre (CSM) and Coraliotech on Monday 11th January. It is the culmination of a collaboration that began between the CSM and Dr. Rachid Benchaouir, Founder and CEO of Coraliotech, in 2014.
Dr. Benchaouir had been carrying out joint research with the Departments of Marine Biology and Medical Biology, studying genetic diseases and DNA sequencing of corals. He discovered a coral molecule that can be used in the development of pharmacological and cosmetic products, for both innovative and sustainable purposes. The molecule helps protect skin cells against ultraviolet radiation and particularly toxic chemical agents.
These properties have been patented and the CSM is co-owner.
Mr. Benchaouir created Coraliotech with the support of the CSM, and the Monegasque marine biotechnology startup has been part of the MonacoTech incubator since the end of 2017. Its objective is to produce, promote and market products of interest to human health from these marine organisms, which have been recreated in a laboratory using coral DNA.
“The entry of CSM into the capital of Coraliotech demonstrates that science and the development of new applications are closely linked and makes it possible to capitalise on the benefits of this joint patent through the marketing of patented products or operating licenses,” said the government in a press statement. “With this signature… the CSM becomes the first Monegasque public establishment to enter the capital of a private company.”
Photo of Dr R. Benchaouir and Pr P. Rampal signing the financial agreement, by Michaël Alesi/Government Communication Department
Month: January 2021
Newly-approved Moderna jab arriving in Nice
Coach Kovac: “Our best match since the start of the season”
The Red and Whites secured a huge 3 to 0 victory over SCO Angers on Saturday, catapulting them into a solid fourth place in the Ligue 1 standings and putting a rare smile on Coach Niko Kovac’s face.
For the 19th matchday of Ligue 1 and the first game of the New Year played at home at Stade Louis II, AS Monaco performed like a dream team, crushing Angers 3 to 0.
In a match where they dominated from the get-go, Coach Kovac changed up his defense slightly, notably with the return of Benjamin Lecomte as goalkeeper and putting Djibril Sidibé in the right back spot. Otherwise, he chose a “classic six” for the front, a strategy that worked well for the team.
Though the points don’t show it, the Red and Whites were the ones who had primary possession of the ball in the first half. It took until the end of the first half to see the opening goal, when Chilean defender Guillermo Maripán made a close range shot that eeked past Anger’s goalie Paul Bernardoni at the 40 minute mark.
After the break, and well past the hour mark, there was a bit of excitement when Angers’ Ismaël Traoré made a shot to the corner which was brilliantly stopped by Lecomte. Minutes later, Monaco fought back with a Kevin Volland goal, his ninth this season, making the score a cool 2 to 0.
Finally, it was Stevan Jovetić, freshly on the pitch replacing Wissam Ben Yedder, who made the third and final goal, beautifully assisted by Volland.
“It was our best match of the season, it’s arguably the most complete overall,” Coach Kovac said after the game. “It was a great game. We did some good things in transition, in our pressing. We were very well organised and structured. We had possession of the ball. We deserve the victory, so yes I’m very happy.”
The coach, delighted with the result, knows that they can’t rest on their laurels, though. “We have to keep grabbing the top spots, but it’s not an easy thing,” he went on to say. “We are on the right track. If we play the next matches 100% like tonight, we can claim the first five places. We are happy with the victory, but it’s only half-way through the season. My players can still improve, thanks to work.”
Fans can see that hard work in action when Monaco faces Montpellier at an away game on Friday 15thJanuary for the first match or the season’s second half.
Written by Stephanie Horsman with a press release from AS Monaco
Roca Team knocked out of Coupe de France
Bella’s guide to seasonal bargain shopping
The end-of-season sales is definitely my favourite time of the year. I love shopping for beautiful designer items, but I consider myself a real bargain shopper.
After finding the perfect Christmas gifts for everyone else, it is time to put yourself first.
If you love shopping as much as I do, you don’t have to cut shopping out of your life. The trick is to buy smart, timeless pieces with great quality instead of wasting money on useless items during the year. It is all about timing and spotting ‘the pearl’.
The ecosystem is also a very important factor for the fashion industry. Sustainability has recently become a significant new driver in consumers’ purchasing decisions. A drop in demand caused by travel restrictions across the world, store closures and national lockdowns have led to excess inventory. Destroying unsold stock is a widely used but rarely discussed technique that luxury companies perform to maintain the scarcity of their goods and the exclusivity of their brand image. But incineration has some very negative consequences. Burning clothes releases carbon dioxide and other greenhouse gases into the atmosphere, which exacerbates global warming. Incineration of clothes made from synthetic fibres may also release plastic microfibers into the atmosphere.
But after receiving a lot of media criticism, some brands have stopped the practice and are now selling part of the unsold inventory in outlets or discounted in stores during the official sales period.
Most of my favourite brands are offering sales on autumn/winter merchandise and I have selected for you a mix of the best designer items which are on sale right now, as well as high street bargains.
Sales items on display can look messy sometimes, so I have found some amazing pieces for you. But hurry up, they’re selling out fast!
And remember, just because it is marked down doesn’t mean you’re getting a bargain. You need to be aware of what the item usually costs, and buying something that you don’t really need is never a bargain, no matter how discounted the price is.
Instagram: _bella_marino_
Critical situation as Monaco faces a “rebound of the epidemic”
The curfew has been brought forward to 7pm and restaurants will no longer be able to open in the evening, in a new round of restrictions designed to pull the Principality back from a record high in Covid cases.
The number of daily coronavirus infections has increased significantly in the Principality, peaking recently at 40. This has led to an increase in the incidence rate which now stands at 410 positive cases per 100,000 inhabitants. The positivity rate (number of positive cases compared to the number of people tested) is now 7.44% compared to 3.5% previously.
As a result, the number of patients hospitalised in Monaco reached a new high of 19 on Saturday, while there are currently nine critical patients in intensive care – the maximum seen since the pandemic began. On the night of 6th January, an 82-year-old resident with Covid-19 died, becoming the Principality’s fifth victim.
Meanwhile, 117 people are being home monitored.
Faced with these figures, the government confirmed in a statement on Saturday that Monaco is facing a “rebound in the epidemic”.
After discussions with the National Council, the government has decided to bring the curfew forward one hour to 7pm. That means all shops, restaurants, casinos and cultural institutions must close their doors by this time and residents should have returned to their homes.
Only the usual exemptions will remain – travel related to professional activity, education or training, for medical reasons, for pressing family reasons, to assist vulnerable people or childcare, or brief outings for pets.
This order will come into force on Monday 11th January and last until Wednesday 27th January.
Photo by Monaco Life