Clearside Biomedical Voluntary Files Petition For Chapter 11 Bankruptcy

(RTTNews) - Clearside Biomedical, Inc. (CLSD), a biopharmaceutical company, announced Mondday that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

As part of the case, Clearside also intends to file a motion seeking authorization to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code.

The proposed bidding procedures, if approved by the court, would require interested parties to submit binding offers to acquire Clearside's assets in whole or in part, which would be purchased free and clear of liens and interests.

Clearside has filed a series of motions with the court seeking to ensure the continuation of normal operations during this process.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

What Role Environmental Audits Play in a Company’s Sustainability Strategy

 NEW DELHI (India CSR): In today’s business climate, sustainability is no longer a buzzword, it’s a benchmark. Stakeholders, investors, and regulatory bodies are holding companies accountable for their environmental footprint. While many organizations have adopted sustainability goals, few realize that the key to achieving and verifying these goals lies in one of the most practical tools available: environmental audits.

From reducing operational risks to supporting transparent ESG (Environmental, Social, and Governance) reporting, environmental audits serve as a foundational element of any serious sustainability strategy.

What Are Environmental Audits?

An environmental audit is a systematic, documented evaluation of how well a company’s operations align with environmental laws, internal policies, and best sustainability practices. These audits help organizations identify potential risks, ensure regulatory compliance, and uncover opportunities for improvement.

Types of Environmental Audits

Compliance Audits: Focus on adherence to local, state, and national environmental regulations.

Management System Audits: Evaluate internal environmental policies and procedures, such as ISO 14001 standards.

Functional Audits: Target specific aspects like air quality, hazardous material management, water usage, or waste disposal.

Each type offers insights into a different layer of an organization’s environmental impact, contributing collectively to a well-rounded sustainability framework.

GAC Environmental: Enabling Audit-Driven Sustainability

As a leader in environmental consulting and compliance, gacenvironmental.net offers a comprehensive suite of audit and testing services that empower companies to integrate environmental intelligence into their decision-making. From mold and asbestos inspections to indoor air quality and water testing,

GAC helps organizations across sectors assess, correct, and improve their environmental performance.

Why Choose GAC?

• Certified auditors and inspectors with industry-specific knowledge
• Detailed reporting suitable for regulatory and ESG submissions
• Quick turnaround for fast-paced industries and development projects

GAC’s commitment to transparency and precision makes it a preferred partner for companies looking to meet sustainability goals with confidence.

Why Environmental Audits Are Central to Corporate Sustainability

Environmental audits are not just about spotting violations, they’re about driving responsible business practices that benefit both the planet and the company.

All stirred up: chemical engineers refute claims that ‘stirring doesn’t matter’

 Chemical engineers in the Netherlands have weighed in on the debate over whether to stir chemical reactions or not, following the publication of a study that suggested mixing doesn’t matter. In response, the team argues that stirring remains critical for reproducibility, selectivity and scalability, particularly in heterogeneous or industrially relevant systems.

Recent years have seen stirrer bars scrutinised, with some research raising issues, such as contamination causing false negatives, the bars themselves acting as ‘phantom catalysts’ or their position affecting reproducibility. More recently, a study claimed that stirring could be unnecessary for certain solution-phase organic reactions, prompting a flurry of social media posts about whether mixing mattered or not. Zhong-Quan Liu and his colleagues at Nanjing University of Chinese Medicine, investigated 329 classic organic reactions from 25 different categories and concluded that stirring didn’t affect the outcomes.

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‘We were surprised to see how quickly the claim that “stirring doesn’t matter” spread through the community and social media,’ says Timothy Noël at the University of Amsterdam. ‘This was, at best, only true under very narrow conditions. Once you scale up, introduce multiple phases, or deal with fast or exothermic reactions, mixing is absolutely decisive. To suggest otherwise risks misleading chemists into overlooking a critical experimental parameter and, in some cases, creating hazardous situations.’

Noël and his colleagues felt compelled to set the record straight and provide an easy-to-read framework to think about when mixing does or doesn’t matter. Publishing a preprint out of urgency, the team laid out the fundamental mechanisms of diffusion and convection in the transport of chemical species in solution and how poor mixing can lead to a range of issues, such as localised concentration gradients, or ‘hotspots’, that promote side reactions or unwanted precipitation.

‘Take a simple example: at small scale, an exothermic reaction cooled in an ice bath may appear perfectly manageable, even without much stirring,’ explains Noël. ‘But at larger scale (this can be even in the laboratory environment on a – rather modest – 250ml–1l scale), the heat generated in the centre of the reactor can quickly exceed what diffusion or passive cooling can handle. Without active mixing, local hotspots can develop, which may trigger runaway reactions and, in extreme cases, explosions.’