Month: April 2020

Nanoparticle Actinomycin formulation minimizes toxicity and enhances tolerability by slow release of drug to control Cmax in bloodThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.NEW YORK and LONDON, United Kingdom, April 24, 2020 (GLOBE NEWSWIRE) — Tiziana Life Sciences plc (Nasdaq: TLSA) (“Tiziana” or the “Company”), a biotechnology company focused on innovative therapeutics for inflammatory, autoimmune and infectious diseases, announced today that it pursuant to an asset purchase agreement it has acquired all of the intellectual property relating to a nanoparticle-based formulation of Actinomycin D (Act D; a.k.a. Dactinomycin), from Rasna Therapeutics, Inc. (“Rasna”) to expand its pipeline for a consideration of an initial $120,000 upfront payment and milestone...

Standard & Poor’s has downgraded Arion Bank’s long term credit rating from BBB+ to BBB but revised the outlook from negative to stable. Main comments from Standard & Poor’s:The global recession expected in 2020 due to COVID-19 will affect the open and concentrated Icelandic economy and its banks, despite a substantial government package to counteract the effects. It will also exacerbate some of the Icelandic banking industry´s weaknesses.The ‘BBB’ rating level and stable outlook factor in the solid market position of the bank in Iceland, which has a relatively advanced digitalized banking platform. In S&P’s view, the bank is well ahead of many other European banks in its preparation for technological disruption.The stable outlook indicates that S&P expects the bank to withstand the consequences of the looming...

Alþjóðlega lánshæfismatsfyrirtækið Standard & Poor’s hefur breytt lánshæfismati Arion banka til langs tíma, úr BBB+ í BBB og breytir horfum úr neikvæðum í stöðugar.Helstu athugasemdir frá Standard og Poor’s:Gert er ráð fyrir að áhrifa vænts alþjóðlegs efnahagssamdráttar á þessu ári sem er tilkominn vegna Covid 19 muni gæta í hinu opna íslenska hagkerfi og í bankakerfi landsins. Þetta er þrátt fyrir að stjórnvöld hafi ráðist í nokkuð umfangsmiklar mótvægisaðgerðir við samdrættinum. Efnahagssamdrátturinn nú mun draga fram veikleika sem til staðar eru í íslenska bankakerfinu að mati S&P.Lánshæfiseinkunin ‘BBB’ með stöðugum horfum endurspeglar trausta markaðsstöðu bankans á Íslandi. Bankinn er vel búinn að takast á við breytingar sem eru að verða í bankaþjónustu en hann býður uppá háþróaðar stafrænar bankalausnir og...

Today, S&P Global Ratings (S&P) has lowered Íslandsbanki’s rating to BBB/A-2 from BBB+/A-2 and has changed the outlook to stable from negative.In its report, S&P expects Íslandsbanki to enter this crisis on a more solid foothold than the 2008 financial crisis. The ‘BBB’ rating level and stable outlook factor in the solid market position of the bank in Iceland, which has a relatively advanced digitalized banking platform. In S&P’s view, the bank is well ahead of many other European banks in its preparation for technological disruption. S&P also notes the Bank’s funding and liquidity metrics are adequate for the Bank’s risk profile, with comfortable liquidity ratios and liquid assets covering more than 3x the average short-term funding in 2019. Moreover, S&P states that the wholesale funding...

Alþjóðlega lánshæfismatsfyrirtækið S&P Global Ratings (S&P) hefur í dag lækkað lánshæfismat Íslandsbanka í BBB/A-2 úr BBB+/A-2 og jafnframt breytt horfum í stöðugar úr neikvæðum.Í rökstuðningi sínum býst S&P við því að Íslandsbanki sé í mun sterkari stöðu nú en árið 2008. Lánshæfismatið ‘BBB’ taki mið af stöðugri markaðshlutdeild Íslandsbanka á innlendum markaði og góðum árangri á sviði stafrænnar þróunar og upplýsingatækni. Álit S&P sé að bankinn standi framar en margir erlendir bankar þegar kemur að undirbúningi fyrir samkeppni við fjártæknifyrirtæki. Bankinn sé ennfremur með sterka lausa- og eiginfjárstöðu, endurfjármögnunarþörf bankans takmörkuð á árinu 2020 og þar að auki hafi Seðlabankinn sett á stofn sérstaka tímabundna lánafyrirgreiðslu sem tryggir aðgengi að lausafé.Ástæður breytingar S&P...

Alþjóðlega lánshæfismatsfyrirtækið S&P Global Ratings tilkynnti í dag um lækkun á lánshæfismati Landsbankans fyrir skuldbindingar til lengri tíma. Lækkunin nemur einu þrepi og er lánshæfismat bankans því BBB/A-2 með stöðugum horfum.Í rökstuðningi S&P er vísað til lækkunar í mati á horfum fyrir bankakerfið á Íslandi (e. industry risk) sem stafar af minni efnahagsumsvifum í kjölfar heimsfaraldurs Covid-19 sem leiðir til þess að grunnur að lánshæfiseinkunn (e. anchor) banka með starfsemi á Íslandi lækkar um eitt þrep. Stöðugar horfur í lánshæfismati bankans byggja á því mati S&P að bankinn standist afleiðingar efnahagslægðarinnar með því að viðhalda sterkri eiginfjárstöðu og góðri fjármögnunar- og lausafjárstöðu.Í tilkynningunni kemur jafnframt fram að Landsbankinn njóti hærri markaðshlutdeildar og heldur meiri skilvirkni í...

S&P Global Ratings has today announced a lowering of Landsbankinn’s long-term credit rating. The credit rating is lowered by one notch, to BBB/A-2 with stable outlook.The downgrade is triggered by S&P’s assessment of industry risk with regard to a reduction in economic activity due to the Covid-19 pandemic. This results in that the anchor, used as a starting point in the credit rating of banks operating in Iceland, is revised down by one notch. The stable outlook of Landsbankinn’s credit rating is based on S&P’s expectation that the Bank will withstand the consequences of the economic recession by maintaining solid capital positions and comfortable funding and liquidity profiles.In the announcement, S&P acknowledges that Landsbankinn has a higher market share and slightly better efficiency than its domestic peers. It...

-Appoints Sol J. Barer, Ph.D. as Chairman of the Board– Appoints Suzanne Bruhn, Ph.D. and Joseph Miller as Directors to the BoardROCKVILLE, Md., April 24, 2020 (GLOBE NEWSWIRE) — Cerecor Inc. (NASDAQ: CERC), a biopharmaceutical company focused on becoming a leader in development and commercialization of treatments for rare pediatric and orphan diseases, today announced that Dr. Sol J. Barer has been appointed as the Chairman of the Board as Dr. Simon Pedder steps down as Executive Chairman.  Additionally, Dr. Suzanne Bruhn and Mr. Joseph Miller have been appointed as Directors to the Company’s Board.“We are extremely pleased to welcome Dr. Barer as our Chairman of the Board. Sol is an icon in the biopharmaceutical industry with decades of hands-on experience building, leading and financing companies based on innovative science...

Selskabsmeddelse nr. 5/2020Boliga Gruppen A/SCVR.nr. 25078780GeneralforsamlingsprotokollatFredag den 24. april 2020 kl. 11.00 afholdtes ordinær generalforsamling for Selskabet på Taastrup Park Hotel, Brorsonsvej 3, 2630 Taastrup.Dagsordenen for generalforsamlingen var følgende:1. Beretning om Selskabets virksomhed2. Forelæggelse af årsrapport til godkendelse3. Forslag om anvendelse af overskud eller dækning af tab i henhold til den godkendte årsrapport4. Eventuelle forslag fra bestyrelsen og /eller kapitalejere4a. Forslag fra bestyrelsen vedrørende bemyndigelse til at købe egne aktier5. Valg af medlemmer til bestyrelsen6. Valg af revisor7. Eventuelt8. Bemyndigelse til registrering hos Erhvervsstyrelsen—————Udpegning af dirigentSelskabets bestyrelse havde, i henhold til Selskabets vedtægter, forud for generalforsamlingen...

New York, NY , April 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — SmartCard Marketing Systems Inc (OTC:SMKG) released today over 14 digital transformation onboarding journeys and business cases for the company’s entire technology portfolio. The documents offer partners, business analysts, existing and future customers a lens into the business processes of the specialized industry applications to fast-track evaluation and process review for white-label deployments, which is part of the company’s Brand As Your Own Strategy. CEO Massimo Barone stated, “We want to accelerate our competitive advantage globally and with the launch of our Onboarding Documents and Business processes which include integrated services, it is fundamental that our products and services offer clarity, flexibility and scalability with the most stringent...