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Biocytogen Grants Taisho Pharmaceutical a License to its RenNano® Fully Human Heavy Chain-Only Antibody Discovery Platform

Mar 30, 2026 admin 0 Comment

Business Wire India

Biocytogen Pharmaceuticals (Beijing) Co., Ltd. (Biocytogen, SSE: 688796; HKEX: 02315), a global biotechnology company that drives the research and development of novel antibody-based drugs with innovative technologies, today announced that it has entered into a platform license agreement with Taisho Pharmaceutical Co., Ltd. (“Taisho”), granting Taisho the right to access and use Biocytogen’s proprietary RenNano^® fully human heavy chain-only antibody (HCAbs) discovery platform for its internal research and development programs.

Under the terms of the agreement, Taisho will leverage RenNano^® mice to enable the generation and screening of fully human HCAbs in vivo and to support downstream research associated with antibody discovery. Financial terms of the agreement have not been disclosed.

“We are very pleased to enter into this collaboration with Taisho,” said Dr. Yuelei Shen, President and CEO of Biocytogen. “RenNano^® is a robust and powerful fully human VHH discovery platform that provides an ideal antibody foundation for the development of a broad range of next-generation innovative therapeutics. Through this collaboration, RenNano^® will support Taisho’s internal R&D efforts and help establish a more efficient, fully human VHH discovery workflow.”

This collaboration further expands Biocytogen’s growing portfolio of global partnerships. Leveraging its robust in vivo immune response, the RenNano^® platform enables the efficient generation of fully human heavy-chain-only antibodies with high diversity, specificity, affinity, and favorable developability. The platform comprehensively supports next-generation VHH-based antibody modalities, including bispecific antibodies, antibody-drug conjugates (ADCs), and in vivo CAR-T therapies.

About Biocytogen

Biocytogen (SSE: 688796; HKEX: 02315) is a global biotechnology company that drives the research and development of novel antibody-based drugs with innovative technologies. Founded on gene editing technology, Biocytogen has established a dual-engine platform combining a fully human antibody library with an extensive target-humanized mouse model portfolio, enabling a systematic approach to accelerating global drug discovery and development.

Biocytogen has independently developed its proprietary RenMice^®(RenMab^®/ RenLite^®/ RenNano^®/RenTCR™/ RenTCR mimic™) platforms for fully human monoclonal/bispecific/multispecific antibody discovery, bispecific antibody-drug conjugate discovery, hu-VHH discovery, and TCR mimic antibody discovery, and has established a sub-brand, RenSuper™ Biologics, to explore global partnerships for an off-the-shelf library of >1,000,000 fully human antibody sequences against over 1000 targets for worldwide collaboration. As of December 31, 2025, more than 350 agreements for therapeutic antibodies and clinical assets—spanning co-development, out-licensing, and transfers—have been established globally, including landmark partnerships with leading multinational pharmaceutical companies (MNCs). Biocytogen pioneered the generation of drug target knock-in humanized models for preclinical research, and currently provides a few thousand off-the-shelf animal and cell models under the company’s sub-brand, BioMice™, along with preclinical pharmacology and gene-editing services for clients worldwide. Headquartered in Beijing, Biocytogen has branches in China (Haimen, Jiangsu, Shanghai), the USA (Boston, San Francisco, San Diego), and Germany (Heidelberg). For more information, please visit https://biocytogen.com.

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business

Omdia: US PC Market Returned to 3% Growth in Q4 2025 as Windows 11 Refresh and Component Cost Increases Converged

Mar 30, 2026 admin 0 Comment

Business Wire India

The latest research from Omdia shows that US PC shipments (excluding tablets) grew 3% year-on-year in Q4 2025 to 18.2 million units, reversing two consecutive quarters of annual decline. The return to growth was driven by a combination of the peak of Windows 11 commercial refreshes, holiday-season demand, and vendor efforts to secure inventory ahead of anticipated memory and storage supply constraints in 2026. Full-year 2025 shipments reached 71.5 million units, up 3% from 2024, but 2026 shipments are now forecast to decline 13% year-on-year due to highly constrained supply of memory and storage products.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330580326/en/

US PC estimates and forecasts by segment, 2025-2030

“Q4 marked a meaningful inflection point for the US PC market,” said Kieren Jessop, Research Manager at Omdia. “After two quarters of year-on-year decline, the market returned to growth driven by solid performances across both the consumer and commercial segments. Consumer shipments rose 6% to 8.2 million units – the fourth consecutive quarter of annual growth – underpinned by holiday spending and a product mix shift to more affordable price ranges. The commercial segment grew 4% as enterprises continued their Windows 11 migration, particularly in the final stretch before the Windows 10 end-of-support deadline in October.”

Jessop continued, “The education segment remains a weak spot, declining 11% in Q4, although this was a notable improvement from the 29% drop in Q3 and the 16% decline in Q2. Reduced federal and state funding continues to weigh on school procurement, but we believe much of the inventory overhang that characterized the middle of the year has now been cleared. Government shipments edged up 1%, stabilizing after the sharp pullback earlier in 2025.”

“Looking ahead, the outlook for 2026 is significantly more cautious. Memory and storage costs have risen 40–70% since the start of 2025, and Omdia expects at least a further 60% increase in mainstream PC memory and storage costs in Q1 2026. These supply constraints are expected to have the greatest impact on the sub-$500 segment, which includes most education and entry-level consumer devices. As thinner margins and lower allocation priority constrain the low-end market, smaller vendors are especially at risk of being squeezed out of the market,” Jessop added.

Omdia forecasts US PC shipments to decline 13% in 2026 to approximately 61.9 million units before recovering modestly in 2027.

US desktop and notebook forecast Omdia PC Forecast: 2025 to 2027
Segment	2025 shipments	2026 shipments	2027 shipments	2025 annual growth	2026 annual growth	2027 annual growth
Consumer	27,695	24,269	25,566	5.2%	-12.4%	5.3%
Commercial	31,221	28,333	29,152	6.0%	-9.2%	2.9%
Government	3,840	3,629	3,738	0.1%	-5.5%	3.0%
Education	8,760	5,645	7,735	-8.7%	-35.6%	37.0%
Total	71,516	61,877	66,191	3.3%	-13.5%	7.0%

Note: Unit shipment in thousands. Totals may not add up due to rounding. Source: Omdia PC Horizon Service (sell-in shipments), March 2026

“Dell, which surged 22% year-on-year to claim the number two position in Q4 with a 25% market share had its strongest quarterly performance in the US in over two years. Its growth was concentrated in the commercial segment, where it benefited from large enterprise refresh deals and strong momentum in its premium lines. HP retained the top spot with 25% share despite more modest 1% growth, while Lenovo and Apple each recorded market share in the mid-teens.

For full-year 2025, however, the biggest story at the vendor level was Apple, which has been making market share gains in US businesses, reaching an 11% share in full year 2025: up 2.4 percentage points from 2024. This growth was driven by the MacBook Air, especially after doubling the M4 Air’s memory to 16GB while reducing the price by $100, bringing it back to the M1’s $999 price point. The $599 Neo extends that value trajectory and is expected to significantly disrupt the entry-level segment,” Jessop concluded.

US desktop and notebook shipments (market share and annual growth) Omdia PC Market Pulse: 4Q25
Vendor	4Q25 shipments	4Q25 market share	4Q24 shipments	4Q24 market share	Annual growth
HP	4,560	25.0%	4,495	25.5%	1.4%
Dell	4,485	24.6%	3,679	20.8%	21.9%
Lenovo	2,961	16.3%	2,938	16.6%	0.8%
Apple	2,864	15.7%	3,024	17.1%	-5.3%
Acer	1,013	5.6%	991	5.6%	2.2%
Others	2,335	12.8%	2,526	14.3%	-7.6%
Total	18,217	100.0%	17,653	100.0%	3.2%

Note: Unit shipments in thousands. Percentages may not add up to 100% due to rounding. Source: Omdia PC Horizon Service (sell-in shipments), March 2026

US desktop and notebook shipments (market share and annual growth) Omdia PC Market Pulse: 2025
Vendor	2025 shipments	2025 market share	2024 shipments	2024 market share	Annual growth
HP	17,772	24.9%	17,479	25.3%	1.7%
Dell	16,745	23.4%	15,805	22.8%	6.0%
Lenovo	12,691	17.7%	11,872	17.2%	6.9%
Apple	11,424	16.0%	10,273	14.8%	11.2%
Acer	3,857	5.4%	4,261	6.2%	-9.5%
Others	9,027	12.6%	9,520	13.8%	-5.2%
Total	71,516	100.0%	69,210	100.0%	3.3%

Note: Unit shipments in thousands. Percentages may not add up to 100% due to rounding. Source: Omdia PC Horizon Service (sell-in shipments), March 2026

ABOUT OMDIA

Omdia, part of TechTarget, Inc. d/b/a Informa TechTarget (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients’ strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.

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health

India Pharma 2026 Highlights Move from Volume to Innovation Led Growth

Mar 30, 2026 Neel Achary 0 Comment

New Delhi: The upcoming India Pharma 2026 is set to spotlight India’s transition from volume-driven production to an innovation-led growth model in the pharmaceutical sector.

Industry leaders and policymakers are expected to use the platform to highlight the need for stronger research and development, advanced manufacturing, and greater global competitiveness. The focus is shifting from producing large quantities of generic medicines to developing high-value drugs, novel therapies, and cutting-edge technologies.

Experts believe this transition is crucial for India to strengthen its position in the global pharmaceutical landscape. While the country has long been known as a major supplier of affordable medicines, the next phase of growth will depend on investments in innovation, quality, and intellectual property.

The event will also provide an opportunity to discuss regulatory reforms, collaborations between industry and academia, and strategies to boost exports. Participants are likely to explore how emerging technologies and digital solutions can further enhance efficiency and innovation in the sector.

With growing global demand for advanced healthcare solutions, India Pharma 2026 is expected to serve as a key platform to shape the future direction of India’s pharmaceutical industry.

business

Oil Extends Rally Amid Ongoing Supply Risks

Mar 30, 2026 Neel Achary 0 Comment

Today’s markets analysis on behalf of Joseph Dahrieh, Managing Director at Tickmill

Oil prices extended their upward trajectory on Monday, supported by escalating geopolitical tensions and mounting concerns over supply disruptions. The closure of the Strait of Hormuz continued to fuel global supply fears. At the same time, the possibility a secondary disruption in the Red Sea is adding to the concerns.

Supply-side risks are being further amplified by the potential for military escalation. Additional U.S. troop deployments and ongoing attacks on key energy infrastructure are reinforcing concerns over sustained tensions and disruptions, underpinning the current bullish momentum in crude markets.

Looking ahead, oil prices are likely to remain highly sensitive to geopolitical developments. Any escalation affecting key maritime routes could drive further upside, particularly if multiple chokepoints are simultaneously compromised. Conversely, the reopening of the Strait of Hormuz could alleviate some of the upward pressure. However, given the scale of current disruptions, normalization in supply flows in the event of a de-escalation may take time, suggesting that oil prices could still remain elevated.

news

Himachal Governor Briefs PM Modi on Key Development Initiatives

Mar 30, 2026 Neel Achary 0 Comment

New Delhi: Himachal Pradesh Governor Shiv Pratap Shukla met Prime Minister Narendra Modi in New Delhi to discuss a range of important initiatives and developments in the state.

During the meeting, the Governor apprised the Prime Minister of ongoing welfare programmes, administrative priorities, and efforts aimed at strengthening infrastructure and public services in Himachal Pradesh. He also highlighted steps being taken to promote sustainable development and improve the overall quality of life for residents.

The discussion included key sectors such as rural development, healthcare, and tourism, which continue to play a vital role in the state’s growth. The Governor shared updates on recent progress and sought continued support from the Centre for upcoming projects.

Prime Minister Modi appreciated the efforts being made in the state and reiterated the Centre’s commitment to supporting Himachal Pradesh’s development journey. The meeting reflects ongoing coordination between the state and the Centre to ensure effective implementation of policies and programmes.

health

CCRAS Partners with AI Platform to Expand Ayurveda Research Across Languages

Mar 30, 2026 Neel Achary 0 Comment

New Delhi: The Central Council for Research in Ayurvedic Sciences (CCRAS) has joined hands with Anuvadini AI to make Ayurveda research more accessible to people across India by translating it into 13 languages.

The initiative aims to bridge language barriers that often limit access to traditional knowledge, especially in a country as linguistically diverse as India. By leveraging artificial intelligence, the collaboration will enable wider dissemination of research findings, educational materials, and scientific literature related to Ayurveda.

Officials said the move is expected to benefit students, researchers, and practitioners by allowing them to access authentic information in their native languages. It will also help bring traditional Indian medical knowledge closer to local communities, encouraging greater awareness and understanding.

The partnership reflects a growing effort to combine technology with traditional systems of medicine, making them more inclusive and easier to engage with. By expanding the reach of Ayurveda research, CCRAS hopes to promote its relevance not just within India but also on a global stage.

news

Uttar Pradesh to Expand Anganwadi Workforce with Major Recruitment Drive

Mar 30, 2026 Neel Achary 0 Comment

Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath has announced a large-scale recruitment drive to strengthen the state’s Anganwadi system, with plans to hire 5,000 Anganwadi workers and 60,000 helpers this year.

The move is aimed at improving the delivery of nutrition, healthcare, and early childhood services under the Integrated Child Development Services (ICDS) scheme. Officials said the recruitment will help address staff shortages and ensure better outreach, particularly in rural and underserved areas.

Highlighting the importance of Anganwadi centres, the Chief Minister stressed their role in supporting the health and development of children, as well as providing essential services to pregnant women and new mothers. Strengthening this network, he noted, is key to improving overall community well-being.

The state government is expected to streamline the recruitment process to ensure transparency and timely appointments. Once completed, the expanded workforce is likely to enhance service delivery and bring greater efficiency to grassroots welfare programmes.

business

When Poetry Becomes a Cyber Threat: The Hidden Risks in AI Models

Mar 30, 2026 Neel Achary 0 Comment

When Poetry Becomes a Cyber Threat: The Hidden Risks in AI Models

Poetry has long been celebrated as a vehicle for human expression. But beneath the rhythm and rhyme lies a rigid mathematical structure – one that, in the age of artificial intelligence, may expose an unexpected vulnerability.

Beneath the artistic legacy of ancient epics lies a rigid syntactic cage. In the context of modern machine learning and language models, this strict framework presents a unique vulnerability. By leveraging these artistic constraints, adversarial payloads can bypass semantic filters, turning humanity’s oldest mnemonic device into a mechanism for digital deception.The Blind Spot in AI Alignment

To understand why Shakespeare would have been an incredible asset to a modern Red Team or VAPT operation, we have to look at how modern AI safety training works.

Large Language Models (LLMs) have scaled globally, expanding the attack surface across digital ecosystems by introducing new vulnerabilities and amplifying existing ones. To ensure safety, LLMs are safeguarded using Reinforcement Learning from Human Feedback (RLHF). Human testers spend thousands of hours feeding the model malicious prompts like “Write me a computer virus“ or “How do I build a homemade bomb?” and teaching the model to refuse such requests.

However, there is a critical limitation in this training data: it is overwhelmingly conversational and prose-based. These safety classifiers are designed to detect malicious intent primarily in standard conversational syntax. When a malicious command is wrapped in structured verse such as iambic pentameter or an AABB rhyme scheme, it pushes the prompt into Out-of-Distribution (OOD) territory. The model has rarely encountered security threats formatted as poetry during alignment training.

The result is simple: the AI is trained to detect obvious threats, but adversarial poetry hides the threat within complex linguistic structure.

The Anatomy of the ExploitExecuting this vulnerability requires more than just basic knowledge of LLMs or the gift of rhyme. It demands a deliberate, two-stage methodology.

Stage one: Semantic Obfuscation. Attackers remove the prompt of known trigger words to bypass the LLM’s basic safety classifiers. Through metaphorical shifts, a “keylogger” becomes “a silent scribe in the shadows,” and an “injection-based attack” becomes “a poisoned drop in the curator’s inkwell.” Every metaphor creates an extra layer of deception.

Stage two: Attention Hijacking. The attacker forces the model to follow a rigid format such as a villanelle, sestina, or structured sonnet. This requires the AI to dedicate significant computational attention to maintaining rhyme, rhythm, and tone.

As the model prioritizes structural compliance, its ability to enforce safety checks weakens. The AI becomes so focused on composing the poem that the hidden payload may pass unnoticed.

The Empirical Proof

This threat was examined in the research paper “Adversarial Poetry as a Universal Single-Turn Jailbreak Mechanism in Large Language Models,” authored by researchers from institutions including DEXAI – Icaro Lab and Sapienza University of Rome.

By converting 1,200 harmful prompts from the MLCommons dataset into poetic form, researchers measured a dramatic shift in safety outcomes. Formatting malicious prompts as poetry increased the Attack Success Rate (ASR) from 8.08% to 43.07%.

Key findings include:

· The Most Vulnerable: Models like deepseek-chat-v3.1 saw a catastrophic 67.90% increase in unsafe outputs, while qwen3-32b, gemini-2.5-flash, and kimi-k2 suffered ASR spikes of over 57%.

· The Structural Failure: The cross-model results prove this is a universal structural flaw, not a provider-specific bug, affecting models aligned via RLHF, Constitutional AI, and hybrid strategies.

· The Outliers: Only a few specific models demonstrated resilience (e.g., claude-haiku-4.5 showed a negligible -1.68% change), hinting at differing internal safety-stack designs.Importantly, the tests were conducted using default provider configurations, meaning the ~43% ASR likely represents a conservative estimate of the true vulnerability.

A Broader Taxonomy of Deception

Adversarial poetry is only one example of structural prompt manipulation. Attackers can obscure intent using a variety of other formats, such as low-resource languages, Base64 encoding, leetspeak, or dense legal terminology.

Similarly, prompts that force models to navigate complex logic puzzles, nested JSON or YAML structures, or artificial state machines can overload processing capacity. In each case, the structure distracts the model’s attention, allowing the malicious intent to slip through undetected.

The Regulatory Reality Check

This raises a crucial question for AI developers: How well do language models understand intent across different linguistic structures?

Current safety filters remain largely surface-level, scanning for obvious conversational threats rather than deeper semantic intent. As demonstrated, simply restructuring a request into verse can bypass these defenses. Security researchers warn that this exposes a deeper flaw in how AI models interpret structured language.

“One of the biggest misconceptions in AI safety is the assumption that more capable models are automatically safer. In reality, the opposite can happen. A model that becomes highly skilled at generating complex structures such as poetry may also become more effective at executing hidden or obfuscated instructions embedded within those formats,” said Manpreet Singh, Co-Founder & Principal Consultant at 5Tattva.

Addressing this requires more than keyword filtering. Researchers must analyze the internal mechanisms of LLM safety systems to understand where alignment fails.

The implications extend to regulation as well. Frameworks such as the EU AI Act rely on static testing assumptions that AI responses remain stable across similar prompts. This research challenges that assumption, showing that minor structural changes can dramatically alter safety outcomes.

The Ghost in the Syntax

We built these systems to withstand brute force. We trained them to detect explicit threats and filter malicious instructions.

But poetry doesn’t attack logic; it exploits structure. When a language model is forced into strict meter and rhyme, its attention shifts toward maintaining cadence rather than evaluating risk.

The result is a subtle but powerful vulnerability: while the model focuses on form, the hidden instruction may pass straight through its defenses – turning poetry into an unexpected attack vector in the age of AI.

business

Mirae Asset Sharekhan Sets out Vision to Strengthen India’s Investor Decision-Making Through a Unified Digital Research Centre

Mar 30, 2026 admin 0 Comment

Business Wire India

Mirae Asset Sharekhan announced the launch of the Mirae Asset India Research Centre, a unified digital research platform designed to strengthen investor decision-making with clear, credible and process‑driven market insights. The Research Centre was launched in Q1 of CY2026.

As participation in India’s capital markets widen, the real challenge for investors isn’t finding information- it’s cutting through the clutter. With so much fragmented data across equities, derivatives, mutual funds, commodities and other segments, it can be tough to know what actually matters for investors’ portfolio. The Mirae Asset India Research Centre was built to solve this by offering access to in-depth reports across 220+ stocks spanning over 30+ market sectors. They have brought together seasoned expertise and professional insights, translating complex market data into clear, actionable research that stays relevant across every market cycle.

The platform will be a single digital hub that will consolidate Mirae Asset Sharekhan’s research capabilities across equities, derivatives, commodities, mutual funds, ETFs, macroeconomics and thematic strategies into a single, authoritative digital hub. Their aim is to help investors move away from speculation and market “noise” towards informed, research-led investment decisions.

Speaking at this launch, Moon Kyung Kang, CEO, Mirae Asset Sharekhan, said, “With the launch of the Mirae Asset India Research Centre Portal, we are focused on bringing structure and clarity to investor decision-making. Our aim is to make expert lead, experience backed research accessible in a simple, actionable format, enabling investors to navigate markets with greater confidence and a long-term perspective.”

Mirae Asset India Research Centre – A Game Changer

Actionable investment views: Clear Buy / Hold / Sell recommendations supported by valuation frameworks, key risks and scenario analysis.
Mutual fund insights: Top Picks shortlisted using their Q-Square methodology along with fund performance breakdown to support investment decisions.
Single-window access: One stop for research calls, reports and thematic insights.
Quick, visual research: Quick research reads, simplified charts and intuitive green/red indicators for at-a-glance understanding.
Videos: Fast, accurate research delivered through bite-sized video formats.
Free Trial: A 15-day free trial is available for non-customers; whereas Mirae Asset Sharekhan customers can access all research calls and detailed reports without any additional cost.

What sets their Research Centre apart is a process-driven and transparent approach. Research will be curated separately for retail investors, and institutional clients, ensuring relevance while maintaining analytical depth. In the days ahead, the Mirae Asset India Research Centre will continue to evolve into a broader research ecosystem.

Visit the Mirae Asset India Research Centre at:
https://research.sharekhan.com/?utm_source=press-release

business

The Premier Jumping League (PJL) Launches with a Record-Breaking $300 Million Guaranteed Prize Pot, Defining a New Era for Showjumping

Mar 30, 2026 admin 0 Comment

Business Wire India

The PJL empowers riders to compete as full-time professional athletes while working towards a sustainable economic model for the sport.
Backed by McCourt Global and shaped by a leadership team with decades of experience in equestrian competition, sport, and entertainment, the PJL sets a new, sustainable, and globally relevant standard for elite jumping.
Sixteen teams will compete across fourteen iconic international venues throughout Europe, North America, and the Middle East when the inaugural season opens in March 2027.

The Premier Jumping League (PJL) launches with a record-breaking $300 million guaranteed prize pot, defining a new era for showjumping.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330990938/en/

Photography credits: Daniel Benson for The Premier Jumping League/ Wieden+Kennedy London

Backed by McCourt Global and its Executive Chairman, Frank McCourt, the PJL is a groundbreaking global competition that elevates high-performance riders and horses to their rightful place on the world stage. Built on merit, integrity, and excellence, the PJL brings together the world’s best athletes to compete for the biggest prize pot in the discipline’s history, helping to create a more resilient, long-term financial model for the sport.

Represented by sixteen teams, the PJL will introduce an industry-first rider selection process from a pool of 250 of the world’s leading riders.

World-class, immersive events will unfold across fourteen iconic international venues, spanning Europe, North America, and the Middle East inviting fans closer than ever to the grit, beauty, and power of high-stakes jumping.

The inaugural season will run from March to October 2027.

Designed to open the sport to new audiences whilst respecting its heritage, the PJL combines extraordinary athletic performance with premium entertainment, strengthened by the league’s partnership with Emmy award-winning production company Box to Box Films, and supported by a free-to-view broadcasting model. Cutting-edge technology, radical transparency, and innovative team formats enhance the drama, intensity, and rivalry that defines elite sport – unlocking the full potential of jumping, demanded by today’s global sports and entertainment marketplace, without compromising its core values.

With exceptional welfare standards, a pioneering development pathway, and financial sustainability at its core, the PJL is professionalising jumping.

This is elite sport.

This is extraordinary skill.

This is our sport as you’ve always loved it.

This is our sport as you’ve never seen it.

This is the PJL – the future of jumping.

Frank McCourt, Founder and Chairman of the PJL: “For far too long, many of the world’s best riders have been forced to choose between pursuing their talent and passion and building a sustainable career. The PJL is changing that by creating a clear and viable path for athletes to earn a great living by competing at the highest level, without compromising the traditions and values that define jumping. By aligning opportunity with performance and commitment, we are reshaping the future of the sport and empowering its most talented athletes to devote themselves fully to excellence.”

Neil Moffitt, Chief Executive Officer: “Today marks a major milestone for equestrian sport. The PJL has assembled an exceptional operations team to deliver on our mission to bring a new level of energy, excitement, and engagement to the sport.”

Lisa Lazarus, Chief Equestrian Advisor: “There is no greatness in horse sport without the welfare and safety of the horse. The PJL’s competition design, scheduling, travel approach, and veterinary oversight will reflect uncompromising standards of care, rest, and responsible decision-making every step of the way.”

Laura Kraut, Olympic gold medal-winning rider:“An Olympic gold medal is the greatest thing you can achieve in the sport. Yet for jumping athletes like me, the commercial opportunities often don’t follow. The gap between what athletes achieve and what they’re able to build tells you everything about the sport’s limited infrastructure to convert elite achievement into recognition and reward. I welcome the PJL’s values to reform this model in a way that drives revenue opportunities for all involved.”

Scott Brash, Olympic gold medal winner & current World Number 1 rider:“With horses—and in our sport especially—learning never stops. One of my biggest goals is to help move the sport forward, creating a better environment for athletes, horses, everyone involved, and those who follow along. I believe the PJL gives us a meaningful platform to have these important conversations. Competing at the highest level comes with enormous costs, and for most riders, securing financial support while dedicating the necessary time to the sport is a constant balancing act.

What makes the PJL so impactful is that it rewards riders in a way that allows us to truly prioritize both our own well-being and that of our horses—making full-time training and proper rest possible. That’s something genuinely groundbreaking.”

About the Premier Jumping League (PJL)

The PJL is a new global showjumping competition redefining the sport through elite team competition, record-breaking prize money, and a sustainable professional model for riders. Backed by McCourt Global and shaped by leaders from equestrian sport, international competition, and entertainment, the PJL brings together the world’s top riders and horses to compete across fourteen iconic venues in Europe, North America, and the Middle East. With sixteen teams, an innovative rider selection process and a guaranteed $300 million prize pot, the PJL combines world-class athletic performance with premium entertainment, opening the sport to new global audiences while honouring its heritage.

About McCourt Global

McCourt Global is a diversified enterprise building for tomorrow across real estate and infrastructure, sports, technology, and media. With a global portfolio, the company combines operational expertise with strategic capital to develop impactful projects that create long-term economic and social value. Founded by Executive Chairman Frank McCourt, a civic entrepreneur and fifth-generation builder, and led by an international executive team, McCourt Global builds on a 133-year legacy of developing infrastructure and delivering strong financial results alongside a commitment to social impact—an approach that began with the McCourt family’s original company in Boston in 1893.

McCourt Global’s portfolio includes McCourt Partners, the real estate and infrastructure firm; Olympique de Marseille, the iconic Ligue 1 football club; the Premier Jumping League, a global showjumping competition redefining the sport; and Project Liberty, an initiative to build a better internet where individuals have greater control over their data in the era of AI. Headquartered in New York, McCourt Global operates across North America, Europe, and beyond. For more information, visit McCourt Global’s website or follow the company on LinkedIn.

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