BBloomberg Philanthropies directs large-scale philanthropy in five global focus areas: the Arts, Education, the Environment, Government Innovation, and Public Health. Its activities fund and run initiatives that partner with governments, nonprofits, and researchers to improve outcomes in these fields. The organization uses grants, program design, and collaborative efforts to implement programs rather than selling a product. It differs from others by being the charitable arm of Mike Bloomberg, coordinating a global, data-driven set of initiatives across five priority areas through its own offices and international partners. The goal is to improve societal outcomes worldwide in these five areas by supporting evidence-based programs and policy improvements.
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Woods Hole Oceanographic Institution honors Patricia E. Harris with Centennial Medal. Newswise - Woods Hole, Mass. (Nov 1, 2026) - Woods Hole Oceanographic Institution (WHOI) has awarded Patricia E. Harris, CEO of Bloomberg Philanthropies, its Centennial Medal, recognizing her leadership in advancing ocean conservation and her longstanding commitment to connecting science, policy, and philanthropy to protect the ocean. The Centennial Medal is part of a series of honors WHOI is presenting ahead of its 100th anniversary in 2030, to recognize individuals for extraordinary contributions to advancing ocean awareness, science, and policy. Under Harris' leadership, Bloomberg Philanthropies has made ocean conservation and climate action a major focus of its environment work. Through the Bloomberg Ocean Initiative, the organization works with governments, scientists, nonprofits, and coastal communities to strengthen marine protections, improve ocean data and transparency, advance sustainable fisheries, combat illegal fishing, and protect coral reefs and other critical marine habitats. To date, Bloomberg Philanthropies has helped strengthen protections for more than 11.3 million square miles of ocean. Its ocean work also supports international efforts to protect biodiversity on the high seas and advance the global goal of protecting 30 percent of the ocean by 2030, while helping turn conservation commitments into durable protections on the water. "The Woods Hole Oceanographic Institution has done so much to help us understand the ocean and what it will take to keep it healthy for generations to come," said Patricia E. Harris, CEO of Bloomberg Philanthropies. "At Bloomberg Philanthropies, Mike Bloomberg has made protecting the ocean a priority, and we know that achieving ambitious goals depends on strong partnerships. We are lucky to be able to team up with WHOI as we work to protect the ocean and support the billions of people whose livelihoods depend on it. I'm honored to accept this award on behalf of everyone on our environment team, and we look forward to accelerating the progress we're making together." "The future of the ocean is the future of our planet," said Peter de Menocal, President and Director of WHOI. "Patti Harris and Bloomberg Philanthropies have demonstrated how bold, visionary, and strategic philanthropy can help translate ocean science into meaningful action and reflects the kind of vision and commitment needed to protect the ocean for generations to come." "Patti Harris is one of the ocean's most effective champions," said Sigourney Weaver, Actor and Activist. "She brings the right people together and sees the work through until commitments become real protections. The ocean community is fortunate to have her leadership, and it's wonderful to see her recognized with WHOI's Centennial Medal." Harris joins a distinguished group of leaders recognized by WHOI as part of its centennial celebration. Centennial Medal recipients include oceanographer Dr. Sylvia Earle; His Serene Highness Prince Albert II of Monaco; filmmaker and ocean advocate James Cameron; Yohei Sasakawa, Honorary Chair of The Nippon Foundation; and H.E. Ambassador Peter Thomson, UN Secretary-General's Special Envoy for the Ocean. "Everyone, everywhere depends on the ocean, whether they know it or not," shared ocean advocate Dr. Sylvia Earle. "Under Patti Harris' leadership, Bloomberg Philanthropies has helped bring the ocean into the global conversation while supporting people and communities who are working every day to protect the blue heart of our planet. Thank you, Patti, for stepping forward with the leadership and commitment we need to make an impact." According to Ambassador Peter Thomson, "No healthy planet without a healthy ocean, and with the latter under severe threat from human activities, many have rallied to the cause of ocean protection. Some have contributed words, some funds, and some deeds. Bloomberg Philanthropies, under the leadership of Patti Harris, has excelled in provision of all these responses; instead of withdrawing from the field after doing their bit, their ocean action commitments have doubled down in quantity and quality." WHOI's Centennial Medals recognize individuals whose leadership and contributions have strengthened ocean science, conservation, policy, and public understanding as the Institution approaches its centennial in 2030. About Woods Hole Oceanographic Institution Woods Hole Oceanographic Institution (WHOI) is a world-leading nonprofit organization dedicated to ocean research, exploration, and education. Founded in 1930, WHOI combines science, engineering, and technology to understand the ocean and its role in the Earth system and to develop solutions to the challenges facing our ocean planet. As WHOI approaches its centennial in 2030, the Institution is investing in the people, discoveries, and technologies needed to advance ocean knowledge and protect the ocean for generations to come. Visit: Whoi.edu Media contact. Type of article. Section.
$150 million latest effort from Mike Bloomberg will expand overdose prevention initiative. Mike Bloomberg is putting another $150 million behind an effort to change what happens when someone with opioid addiction enters a jail cell or arrives in a hospital emergency department: make treatment available before another opportunity to save a life slips away. The commitment, announced Tuesday, October 20, will expand Bloomberg Philanthropies' Overdose Prevention Initiative to Washington state while continuing its work in Kentucky, New Jersey, New Mexico, North Carolina, and Wisconsin. For the businessman, philanthropist, and former three-term New York City mayor, the announcement brings his organization's investment in the overdose effort to $335 million since 2018. Its central ambition is straightforward, even if the work of delivering it is not: access to opioid-use-disorder treatment for all incarcerated people and treatment availability in every hospital emergency department across the six participating states. Those are goals of the expansion; the services the announcement establishes are already universally available. "Even one death from an overdose is too many," Bloomberg said in a statement accompanying the commitment. "The overdose epidemic continues to be one of the hardest public health crises our nation faces. Now is the time to accelerate this hard-fought progress, expand access to treatment, and save more lives." He announced the funding at the ninth annual Bloomberg American Health Summit in Baltimore, where the conversation stretched well beyond addiction. The gathering at the Baltimore Marriott Waterfront brought together more than 500 Bloomberg American Health Initiative fellows and local and national public health leaders, with Maryland Gov. Wes Moore and Baltimore Mayor Brandon Scott among the featured speakers. Gun violence, pressure on health-care funding, and the effects of digital technology on young people also figured in the day's discussions. That setting gave Bloomberg's announcement a broader backdrop: public health officials trying to sustain progress while confronting new pressures on the systems that deliver care. Moore warned that federal funding cuts and Medicaid changes would strain health services. Bloomberg, meanwhile, praised Scott's work to reduce violence in Baltimore, telling the gathering, "He's the real thing, and he's doing a real good job." The overdose commitment fit into the same conversation about what state and local institutions can do to prevent avoidable deaths. The new money is not launching an unfamiliar cause for Bloomberg. His philanthropy began the overdose initiative in 2018, responding to declining American life expectancy and the role of opioid deaths in that decline. Its approach has been to work with states and partner organizations on the practical machinery of prevention: medication treatment, access to the overdose-reversal drug naloxone, changes in policy, and better use of data. This next phase puts particular emphasis on two places where the consequences of a missed opportunity can be severe: correctional facilities and emergency departments. The initiative aims to make those settings points of entry into treatment, rather than places where an immediate crisis is managed without addressing the addiction behind it. Bloomberg Philanthropies says its work encompasses prisons, jails and other community settings serving people at high risk of overdose. Washington's addition gives that emphasis a pointed history. In explaining the expansion, the foundation cited a landmark 2007 study of people released from prison in Washington state that found their risk of dying from an overdose during the first two weeks after release was 129 times that of the general population. That is a historical finding, not a measurement of today's risk, but the foundation says more recent research continues to show the danger surrounding release from incarceration. The emergency-department effort addresses another critical moment: the chance to connect someone who has survived an overdose with treatment. The foundation cited research linking medication treatment after a nonfatal overdose with a lower risk of subsequent death, making the case that surviving the immediate emergency should be the beginning of care rather than its endpoint. Washington joins the initiative despite recent improvement in its overdose picture. Bloomberg Philanthropies says the state still has one of the country's highest overdose death rates. Its inclusion also marks a geographic shift: as Washington comes in, the foundation is concluding its work in Pennsylvania and Michigan, the two states where the initiative began eight years ago. The foundation says those states have built infrastructure that can sustain progress independently. In Pennsylvania, it points to a concrete change inside the prison system: all 24 state prisons now provide buprenorphine, a medication used to treat opioid use disorder. In Michigan, the work included helping establish an online portal that lets community organizations order naloxone by mail, along with changes that allow them to distribute it without individual prescriptions. Those are less conspicuous achievements than a nine-figure funding announcement. They are also the kinds of changes the initiative is designed to leave behind: medication available inside a prison, an ordering system that puts overdose-reversal drugs into community hands, or a hospital able to offer treatment when a patient is ready to accept it. The foundation's stated aim is to make treatment and prevention available where people at greatest risk already encounter public systems. Michigan Gov. Gretchen Whitmer emphasized that practical side in a statement accompanying the announcement. "Getting naloxone into the hands of people who can save a life is key to the state's strategy," she said. Pennsylvania Gov. Josh Shapiro similarly credited the expansion of treatment and prevention while saying the work would continue until every Pennsylvanian had access to needed care and support. Bloomberg Philanthropies reports progress elsewhere, too. All prisons in New Jersey and Wisconsin now provide medications for opioid use disorder, it says. Across New Jersey, Michigan, and Pennsylvania, more than 75% of hospital emergency departments now provide those medications, up from an average of 28%. Those figures describe specific settings and states; they do not mean the new six-state goal of universal access has already been met. The program has also supported expanded Medicaid-covered opioid-use treatment for postpartum parents in Kentucky and greater access to fentanyl test strips in New Mexico. Beyond its focus states, the foundation says it has helped more than half of U.S. states use evidence-based guidelines for spending opioid settlement money - the billions of dollars paid by drug manufacturers and distributors to resolve litigation over the crisis. There are limits to what the announcement establishes. The foundation reports that overdose deaths in its focus states declined faster than the national average in 2024, but that comparison alone does not establish how much of the improvement its funding caused. The October 20 release also does not provide a state-by-state allocation of the new $150 million or a firm deadline for reaching every emergency department and all incarcerated people across the six states. For Bloomberg, the commitment is a substantial addition to an established public health portfolio rather than a stand-alone gift. Bloomberg Philanthropies says it distributed $4.3 billion in 2025 across its work, which includes public health, education, the environment, the arts and government innovation. The overdose initiative is one part of that much larger operation, but its next phase sets an unusually tangible test: whether treatment becomes available throughout the correctional and emergency-care systems it has targeted. The money is now pledged. The harder work will be turning that promise into routine care - so that a person's access to treatment does not depend on which prison holds them or which emergency-department door they enter. That is the standard Bloomberg's latest commitment has set for the six states.
Bloomberg Philanthropies commits $150 million to Overdose Prevention and makes treatment available to all in correctional facilities and emergency rooms in six states. October 20, 2026 Public Health After successes combatting overdose deaths in Pennsylvania and Michigan, initiative will concentrate on saving more lives in states with high overdose death rates Washington state joins initiative; work continues in Kentucky, New Jersey, New Mexico, North Carolina, and Wisconsin Baltimore, MD - Michael R. Bloomberg today announced a new $150 million commitment to Bloomberg Philanthropies' Overdose Prevention Initiative, expanding efforts to combat the overdose crisis in hard-hit U.S. states and save lives. Overdoses are the leading cause of death for adult Americans under age 45. While strengthening ongoing work in Kentucky, New Jersey, New Mexico, North Carolina, and Wisconsin, the initiative will expand to Washington state, which has seen some recent improvements but still has one of the country's highest overdose death rates. All incarcerated people in these states will soon have access to opioid use disorder treatment. Opioid use disorder treatment will also be made available in all of the states' hospital emergency departments. The announcement, which brings Bloomberg Philanthropies' total investment in combating the overdose crisis to $335 million since 2018, was made at the 9th Annual Bloomberg American Health Summit. Bloomberg Philanthropies launched the Overdose Prevention Initiative in 2018 in response to declining U.S. life expectancy, driven largely by rising opioid overdose deaths. The initiative works with partners and U.S. states to save lives from overdose by expanding access to both medication treatment and overdose prevention services in prisons, jails, emergency departments and other community settings where there are high-risk populations for overdose - making treatment and overdose prevention available to all who need it. A 2018 study of opioid overdose survivors found that those who received medication treatment in a hospital emergency room were far less likely to die of a subsequent overdose than those who didn't - underscoring the need to connect patients to treatment immediately. Similarly, a landmark 2007 study found that for formerly incarcerated individuals in Washington state substance use disorder is a strong predictor of post-release mortality and they were 129 times more likely to die of an overdose in the first two weeks after release than the general public - a pattern more recent research confirms persists today, underscoring the need for treatment while in prison. The initiative also promotes access to naloxone, the medication used to reverse an overdose, effective use of opioid settlement funds and strengthens data, evaluation, and evidence-based policy efforts. "Even one death from an overdose is too many," said Michael R. Bloomberg, founder of Bloomberg L.P. and Bloomberg Philanthropies, WHO Global Ambassador for Noncommunicable Diseases and Injuries, and three-term mayor of New York City. "The overdose epidemic continues to be one of the hardest public health crises our nation faces. Now is the time to accelerate this hard-fought progress, expand access to treatment, and save more lives." After helping to reduce overdose deaths and build lasting infrastructure to sustain progress independently, Bloomberg Philanthropies is concluding its work in Pennsylvania and Michigan - the two states where this work began in 2018. In Pennsylvania, the initiative's efforts have helped ensure all 24 state prisons now provide buprenorphine for opioid use disorder. In Michigan, the initiative helped launch an online naloxone-by-mail portal with the state's Department of Health and Human Services and allowed community organizations to distribute naloxone without requiring individual prescriptions. "Michigan continues to support lifesaving programs by investing in harm reduction, expanding treatment options, and increasing availability of community-based supports," said Michigan Governor Gretchen Whitmer. "Getting naloxone into the hands of people who can save a life is key to the state's strategy. Since the state launched its online portal for community organizations to order this life-saving medication, we have prevented thousands of families from having to deal with the tragedy of an overdose death." "Every life saved is a reminder that a smart, compassionate, multidisciplinary response to the opioid crisis works," said Pennsylvania Governor Josh Shapiro. "Since day one, my Administration has invested in proven, life-saving tools - getting naloxone into communities, expanding access to treatment, and meeting people where they are - and we're grateful for Bloomberg Philanthropies' significant investment in Pennsylvania to help us expand access to treatment in our state prisons. The results are clear: overdose deaths are down, thousands of Pennsylvanians are alive today, and more families have hope. We will build on this meaningful progress and keep doing this work until every Pennsylvanian has access to the care and support they deserve." In 2024, overdose deaths declined nearly 15% more than the national average in the Bloomberg Overdose Prevention Initiative's focus states. Additional accomplishments include: * helping remove policy barriers for buprenorphine access, making it easier for physicians to prescribe the medication * helping ensure all prisons in New Jersey and Wisconsin now provide medications for treating opioid use disorder, meaning people are less likely to use opioids or die of an overdose after they are released * helping more than 75% of emergency departments in New Jersey, Michigan, and Pennsylvania begin providing these medications, up from an average of 28% * expanding Medicaid-covered opioid-use treatment access for postpartum parents in Kentucky * expanding access to fentanyl test strips in New Mexico * helping more than half of U.S. states use evidence-based guidelines to spend opioid settlement funds - the billions of dollars paid by drug manufacturers and distributors to resolve lawsuits over the overdose crisis - on effective treatment and prevention programs About Bloomberg Philanthropies Bloomberg Philanthropies invests in 700 cities and 150 countries around the world to ensure better, longer lives for the greatest number of people. The organization focuses on creating lasting change in five key areas: the Arts, Education, Environment, Government Innovation, and Public Health. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg's giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a philanthropic consultancy that advises cities around the world. In 2025, Bloomberg Philanthropies distributed $4.3 billion. For more information, please visit bloomberg.org, sign up for its newsletter, or follow Bloomberg LP on Instagram, LinkedIn, YouTube, Threads, Facebook, and X.
Bloomberg expands Irish operations and appoints new Dublin leadership team. 20/10/2026 Ireland DUBLIN, Ireland,October 20th: Bloomberg today announced a significant expansion of its software engineering and data operations in Ireland, making two new senior hires to lead the company's rapid growth. The business, technology, and financial information provider has more than doubled its headcount in Dublin over the last 12 months to 190, expanding into new dedicated office space in the capital. This latest phase of growth makes Dublin Bloomberg's largest EU office. With support from IDA Ireland, Bloomberg has ambitions to further double its current headcount by the end of the decade. Amanda Brady, who joins as Director for Ireland, and Richard Norton, who joins as Head of Engineering for Ireland, from Bloomberg's New York headquarters, will lead the next phase of the company's growth in Dublin. Amanda, a Donegal native, joined Bloomberg earlier this year after previously holding global leadership roles across a range of financial services firms in the US, Australia and the UK. She will also lead Bloomberg's Data License Plus (DL+) - the firm's enterprise data delivery platform - globally. Richard, a 20-year Bloomberg veteran and Engineering leader, relocated to Ireland this year to to help build out Bloomberg's engineering presence and capabilities. He will also lead Bloomberg engineering's DL+ efforts globally. The company opened its new office at One Charlemont Square in late 2025, consolidating two previous sites into a single purpose-built hub that is Bloomberg's largest in the EU. The office was officially opened by Michael R. Bloomberg, Founder of Bloomberg and Bloomberg Philanthropies, and Pascal Donohoe, the then-Minister for Finance. Speaking ahead of the announcement, Taoiseach Micheál Martin said: "I greatly welcome today's announcement by Bloomberg to expand their Irish operations, evidence of the strong economic offering Ireland has in technology, data, and STEM and the thriving business community that we cultivate in these sectors. The Government is committed to ensuring that Ireland remains a trusted and stable location for critical talent and business alike. Digital and technological services are crucial for future-proofing our economy and this announcement is evident of that and I wish the team at Bloomberg well for their future, long-term plans for Dublin and beyond." Bloomberg's Dublin teams are central to the company's Enterprise Data business, building products such as (DL+) that deliver multi-asset data and analytics to financial institutions worldwide. "Our teams here are building critical products that financial professionals around the world rely on every day. We're seeing an increasing demand for the services and the innovative solutions we provide. Ireland's depth of home-grown engineering and STEM talent has made Dublin a natural home for our operations, and I'm really excited about our long-term plans for Dublin and beyond," said Amanda Brady, Director for Ireland at Bloomberg. "Relocating to Dublin to lead our engineering team was an easy decision. The engineering and technology talent in Ireland is exceptional, and the work being done here sits at the core of Bloomberg's data and technology offering. We are investing significantly in teams here because the problems we are solving in Dublin make a material difference to our clients globally," said Richard Norton, Head of Engineering, Ireland. "Bloomberg's decision to further expand its Irish operations is a strong endorsement of Ireland's position as a leading location for global technology, data and financial services companies," said Michael Lohan, CEO, IDA Ireland. "This investment will strengthen Bloomberg's engineering, product development, and enterprise data capabilities from Dublin, creating highly skilled roles and building on Ireland's deep pool of STEM and technology talent. IDA Ireland is proud to support Bloomberg's continued growth here, and we look forward to working with their team as they deliver innovative solutions for clients across global financial markets from Ireland." The expansion reflects Bloomberg's continued investment in Ireland as a strategic centre for engineering, product development, and data capabilities, supporting technologies and services used by clients across global financial markets. About Bloomberg Bloomberg is a global leader in business and financial information, delivering trusted data, news and insights that bring transparency, efficiency and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable its customers to make more informed decisions and work better together. For more information, visit Bloomberg.com/company or request a demo. You might also be interested in. Whatnot to double its Irish workforce as it opens new Dublin office. Expansion includes engineering and AI roles, with the live shopping platform set to open to Irish small businesses in 2027 Ericsson relocates Athlone R&D headquarters, cementing its global role in advancing autonomous networks. Ericsson will relocate its global R&D headquarters for AI-enabled software and autonomous network solutions to a new, purpose-built facility on the IDA Ireland campus in Athlone.
EIF Innovation Hub, Bloomberg launch Finance Lab in the UAE. Emirates Institute of Finance - Innovation Hub Launches Bloomberg Finance Lab to Strengthen the UAE's Financial Talent Pipeline Dubai, United Arab Emirates - 8 October 2026 - The Emirates Institute of Finance - Innovation Hub (EIFI) and Bloomberg today announced the launch of a Bloomberg Finance Lab, bringing leading market data and analytics tools used across global finance into the institute's professional training programmes. Affiliated with the Central Bank of the UAE, EIFI plays a key role in developing capabilities across the country's financial services sector. The new Bloomberg Finance Lab will support its mission to develop the next generation of financial professionals in the UAE by providing hands-on access to Bloomberg technology and tools used by the global banking and financial services industry. Equipped with 12 Bloomberg Terminals, the lab places EIFI alongside more than 1,200 academic institutions in 65 countries that integrate this leading technology into their curriculum. The Bloomberg Terminal provides real-time and historical data, advanced analytics, market-moving news, and electronic trading tools, enabling users to analyse financial markets and make informed decisions using the same tools relied upon by global financial institutions, corporations, and policymakers. Participants will build their market knowledge, research capabilities and practical workflow skills, applying what they learn directly in their day-to-day roles across banking and finance. This hands-on experience supports the development of financial professionals with the technical skills and market understanding needed across the UAE's financial sector. They will also have access to self-paced and interactive e-learning certification courses, including the Bloomberg Financial Fundamentals and Bloomberg Market Concepts courses, covering areas such as Fixed Income, Foreign Exchange, Equities and Economic Indicators. Marwan Salem Abunwas Al Muhairi, Chief Executive Officer, Emirates Institute of Finance, said: The Bloomberg Finance Lab reflects its collaboration with Bloomberg to give participants practical, market-relevant learning experiences. Through hands-on use of Bloomberg's market data and analytics tools, they can deepen their understanding of global financial markets and strengthen the skills needed to contribute to the UAE financial sector's continued growth and competitiveness. Michelle Bennett, Head of EMEA Terminal Business, Bloomberg, said: The UAE is one of the most dynamic and resilient financial centres UAE News 24/7 work in, and developing skilled talent will be critical to its continued growth. Through its collaboration with EIFI, UAE News 24/7 is pleased to support the professionals who will shape the future of the country's financial sector." About Bloomberg Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo. About the Emirates Institute of Finance - Innovation Hub Established by the Central Bank of the UAE at the Emirates Institute of Finance, the EIF Innovation Hub serves as a national platform to build advanced innovation competencies across the financial sector in line with international standards, provide a dynamic, future-ready environment for research and development, and cultivate a robust innovation ecosystem - positioning the UAE at the forefront of financial innovation globally. As a key component of the CBUAE Financial Infrastructure Transformation Programme, which comprises nine strategic initiatives designed to accelerate digital transformation across the financial landscape, the Hub plays a pivotal role in driving sector-wide innovation. The EIF Innovation Hub is dedicated to accelerating the adoption of advanced technologies, including Artificial Intelligence, by providing a flexible and supportive environment for research, experimentation, and development, enabling financial institutions to innovate and adapt to an increasingly digital future. Serving as a bridge connecting the wider financial sector ecosystem, the EIF Innovation Hub brings together financial institutions, technology providers, innovators, academia, and key stakeholders to foster collaboration, knowledge exchange, and innovation across the sector. About Bloomberg for Education Bloomberg for Education supports a global network of academic institutions with technology solutions, a range of bespoke finance-focused certificate programs, and access to a global platform of educational tools and resources. Through Bloomberg Finance Labs, students and academics can leverage data, tools and information to develop real world skills to help them in their future careers. For more information, visit Bloomberg.com/education and follow @BloombergLP on social media. Media Contacts Bloomberg Mona Saleh, [email protected] Alexander Short, [email protected] EIFI Media contact Ayesha Ahmad Al Blooshi [email protected] Saif Alden Adel Ahmed [email protected]
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Industries
Company Size
201-500
Company Stage
N/A
Total Funding
$353.9M
Headquarters
New York City, New York
Founded
2007
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