Nooyi, the Chairman and Chief Executive Officer of PepsiCo, with the Humanitarian Award, the Centers highest honor. The Dinner, held at the Waldorf Astoria Hotel, raised over http://madeveoon.journalnewsnet.com/awards-one-1000-scholarship-to-a-graduate-student-and-two-500-scholarships-to-undergrads-junior-and-senior-students-23 $2 million. The Chairman of medical interview course northern ireland the Dinner was Nelson Peltz, Honorary Co-Chairman of the Wiesenthal Centers Board of Trustees, Chairman of the Centers Board of Governors, and CEO and a Founding Partner of Trian Fund Management, L.P., who praised Mrs. Nooyis dedication to social responsibility saying, Throughout her career, Indra Nooyi has shown commitment to tackling some of societys biggest challenges [and has] done so with creativity, determination and vision. The Co-Chair of the Dinner was Tony West, Executive Vice President, Government Affairs, General Counsel & Corporate Secretary PepsiCo. Among the Vice Chairs were Maurice R. Greenberg, Chairman, The Starr Foundation; Barbara K. and Ira A. Lipman; Milken Family Foundation; Larry and Carol Mizel; Rupert Murdoch; the New York Yankees; and Trian Partners. Accepting the Humanitarian Award, Mrs. Nooyi spoke of her experiences earlier in her life where, as a person of color and a member of a religious minority in the U.S., she was sometimes made to feel unwelcome.
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Recurrence of CDI, and the failure to subsequently achieve a sustained clinical response after treatment, is a major issue in the management of the disease, as collateral damage to the gut microbiome by antibiotics such as vancomycin leaves patients vulnerable to disease recurrence. Phase 3 preparations are ongoing as the Company continues to explore options to support the future development of ridinilazole with a view to maximising the potential commercial value of this antibiotic. Summits preference remains finding a third party collaborator although the Company continues to actively explore other potential options, including funding from government and non-profit organisations. In parallel, Summit is undertaking an exploratory Phase 2 trial called CoDIFy 2 to evaluate ridinilazole against the antibiotic fidaxomicin. This trial is intended to further understand the impact of ridinilazole on a number of disease parameters, including its impact on patients gut microbiomes to help inform the design of the Phase 3 clinical programme for ridinilazole. Dosing of patients in this trial has now completed, and Summit expects to report top-line data, including analysis of the microbiome, during Q2 2017. The development of ridinilazole has been financially supported by Seeding Drug Discovery and Translational Awards both from the Wellcome Trust. FINANCIAL REVIEW Revenue As part of the exclusive collaboration and license agreement entered into with Sarepta, the Company received an upfront payment of 32.9 million. Of this amount, 0.6 million was recognised during the three months ended 31 October 2016. The remaining 32.3 million of the upfront payment is classified as deferred income and will be recognised as revenue over the development period.
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