Day: April 22, 2020
BEVERLY, Mass. and TORONTO, April 22, 2020 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V: HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today reported audited financial results for the fourth quarter and year-ended December 31, 2019.Financial HighlightsSales increased 21% to $35.4 million for the year-ended December 31, 2019; up 34% to $10.8 million for the fourth quarter; Sales in constant currency increased 24% for the year; 36% for the quarter.Gross profit increased 15% to $19.0 million for the year; up 34% to $6.1 million for the quarter.Net income of $793 thousand for the year and $931 thousand for the quarter.Adjusted EBITDA increased 15% year over year to $7.1 million for the year; up 28% to $2.2 million...
AskBio Acquires BrainVectis to Expand its Clinical Pipeline for Neurodegenerative Diseases
Written by Customer Service on . Posted in Mergers And Acquisitions.
RESEARCH TRIANGLE PARK, N.C. and PARIS, April 22, 2020 (GLOBE NEWSWIRE) — Asklepios BioPharmaceutical, Inc. (AskBio), a leading, clinical-stage adeno-associated virus (AAV) gene therapy company, today announced that it has acquired BrainVectis, a Paris-based gene therapy company and French National Institute for Health and Medical Research (INSERM) spin-out with expertise and an intellectual property estate for the treatment of neurodegenerative disorders. BrainVectis is particularly focused on therapies that restore brain cholesterol metabolism as a treatment for Huntington’s disease and other disorders. Financial terms of the acquisition were not disclosed.Commenting on the transaction, Sheila Mikhail, CEO and co-founder of AskBio, said, “Our acquisition of BrainVectis offers us an extraordinary opportunity to work together...
Cocrystal Pharma Expands Exclusive License Agreement with Kansas State University Research Foundation to New Coronavirus Antiviral Compounds with Novel Mechanism of Action
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– Expanded license agreement with KSURF further broadens and advances Cocrystal’s COVID-19 program –– Small molecule therapeutic inhibitors against coronaviruses included in agreement have demonstrated strong proof-of-concept and excellent efficacy data in MERS-CoV animal models –BOTHELL, WA, April 22, 2020 (GLOBE NEWSWIRE) — Cocrystal Pharma, Inc. (NASDAQ: COCP), (“Cocrystal” or the “Company”), a clinical stage biotechnology company discovering and developing novel antiviral therapeutics, announced today that it has expanded its previously announced license agreement with Kansas State University Research Foundation (“KSURF”) to include rights to additional preclinical leads and further develop certain proprietary broad-spectrum antiviral compounds for the treatment of coronavirus infections (“COVID-19”).“We...
Royale Finds Oil at Whittier and Jameson Fields
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SAN DIEGO, April 22, 2020 (GLOBE NEWSWIRE) — Royale Energy, Inc., (OTCQB : ROYL), an independent exploration and production company based in San Diego, California announced the Whittier W1-ST5 oil well reached a total depth of 3,634 ft in the West Whittier Field.The well encountered porous and permeable sandstone reservoirs with oil and gas shows from 1,140 ft. to 3,510 ft. It is calculated that a net 1,470 ft. of oil-bearing productive rock were encountered in the well.It was designed to drill in between several high-volume wells in the center part of the field (wells that each produced in excess of 200,000 barrels or more of oil).In the initial 72 hours, the W-1 has produced at a daily rate of 129 barrels of oil, no water, on a 13/64th’s choke. The average tubing pressure over the same period is 392 psi. The well is only producing...
In Honor of the 50th Anniversary of Earth Day, Green Tech Manufacturer Envision Solar Awards More Than 40 Government Organizations, Universities and American Corporations With the Heroes 2020 Award
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SAN DIEGO, April 22, 2020 (GLOBE NEWSWIRE) — Envision Solar International, Inc., (Nasdaq: EVSI, EVSIW) (“Envision Solar,” or the “Company”), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media, today announced that it will present more than 50 awardees with the Heroes 2020 Award for leading their organizations to 100% renewable electric vehicle charging infrastructure. Recipients span federal, state, and local governments, universities and corporate America. The first annual Heroes Awards will be presented virtually due to the current COVID-19 pandemic in celebration of the 50th Anniversary of Earth Day on April 22, 2020. All recipients are currently using Envision Solar’s EV ARC™ off-grid, solar-powered EV charging and emergency power infrastructure...
Ørsted to present results for first quarter 2020 on 29 April
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Ørsted will release its results for the first quarter of 2020 on Wednesday 29 April 2020. The results will be released at approx 8:00 CET.In connection with the presentation of the interim report, a conference call for investors and analysts will be held on the same day at 14:00 CET.UK: +44 800 408 7373DK: +45 32 71 49 98US: +1 877 890 2416Room number: 233127Participant PIN: 8564The conference call can be followed live:https://edge.media-server.com/mmc/p/tugmuzb3Presentation slides will be available prior to the conference call:orsted.com/en/Financial-reports-and-presentationsThe Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks #1...
Ørsted præsenterer resultat for første kvartal 2020 den 29. april
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Ørsted offentliggør resultatet for 1. kvartal 2020 onsdag den 29. april 2020. Resultatet forventes offentliggjort omkring kl. 8.00.I forbindelse med aflæggelse af delårsrapporten vil der blive afholdt en telekonference for investorer og analytikere samme dag kl. 14.00.UK: +44 800 408 7373DK: +45 32 71 49 98US: +1 877 890 2416Konferencenummer: 233127Deltager PIN: 8564Telekonferencen kan følges live på:https://edge.media-server.com/mmc/p/tugmuzb3Præsentationsmateriale (på engelsk) vil være tilgængeligt før telekonferencen:orsted.com/da/Financial-reports-and-presentationsFor yderligere oplysninger:Ørsteds vision er at skabe en verden, der udelukkende kører på grøn energi. Ørsted udvikler, opfører og driver hav- og landvindmølleparker samt bioenergi-, solcelle- og energilagringsanlæg og leverer energiprodukter til sine kunder. Ørsted topper...
Covetrus Previews Preliminary Financial Results for the First Quarter of 2020, Provides Business and Operational Update Regarding COVID-19 Pandemic
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Operationally, all of the company’s distribution centers and pharmacies currently remain open, as veterinary medicine has been deemed an essential service in most geographies around the globePreliminary first quarter net sales of approximately $1.07 billion, an increase of 13% year-over-year; preliminary year-over-year non-GAAP pro forma organic net sales growth of 10% Preliminary first quarter loss before taxes and equity in earnings of affiliates in the range of $35 million to $36 million; preliminary first quarter non-GAAP adjusted EBITDA in the range of $47 million to $48 million Withdraws full-year 2020 financial guidance amidst uncertainty tied to COVID-19PORTLAND, Maine, April 22, 2020 (GLOBE NEWSWIRE) — Covetrus (NASDAQ: CVET), a global leader in animal-health technology and services, today released select preliminary...
BrewBilt Manufacturing Inc. Announces Year-End 2019 Earnings
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SACRAMENTO, CA, April 22, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Today BrewBilt Manufacturing Inc. (the “Company”) (OTCPINK: BBRW), announced earnings for the year ended December 31, 2019 of $297K. Gross revenue was reported of $1.5 million, with a gross profit of $380K. Current assets are recorded at $949K, with a derivative liability of $6.8M.The Company’s Board of Directors have agreed to discuss a declared quarterly cash dividend program scheduled for year end 2020 for its shareholders and will further prepare a disclosure statement for the same. The dividend will be payable to stockholders of record as of January 1, 2020.The company currently has purchase orders in process exceeding $1M for new breweries in Texas, Arizona and California; with current and future Cannabis orders exceeding $2M. The cannabis orders involve...
AGF Announces Risk Rating Changes and Name Change
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TORONTO, April 22, 2020 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGFI) today announced a series of risk ratings changes to its fund line-up and a fund name change.Risk Rating ChangesEffective today, AGFI is decreasing the risk rating for eight funds.No material changes have been made to the investment objectives, strategies or management of the funds.Name ChangeEffective today, AGFI is also changing the name of AGF Equity Income Focus Fund to AGF Equity Income Fund. About AGF Management Limited