Day: May 6, 2020

SAN DIEGO, May 06, 2020 (GLOBE NEWSWIRE) — Nascent Biotech, Inc (OTCQB: NBIO).On April 22, 2020, Nascent Biotech Inc. (the “Company”) notified Triton Funds, LLC (“Triton”) that it was cancelling their Stock Purchase Agreement (the “SPA”) and cancelled a purchase order dated April 15, 2020. The Company has discontinuing further draw downs on the equity line of credit with Triton.On April 27, 2020, the Company filed a Post-Effective Amendment to its Registration Statement filed with the Securities and Exchange Commission the registration statement filed on September 19, 2019 and amended on October 16, 2019, canceling the S-1 and removing from registration the remaining unissued shares of the S-1.About Nascent BiotechThis press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will...

New “Kartoon Channel” Delivers Enriched and Educational Content for Rapid Revenue GrowthBEVERLY HILLS, Calif., May 06, 2020 (GLOBE NEWSWIRE) — Following the recent dramatic increase of viewership on Kid Genius Cartoon Channel and Baby Genius TV digital platforms, Genius Brands International, Inc. “Genius Brands” (NASDAQ: GNUS), today announced that it will merge the two channels under one new network brand, Kartoon Channel, which will launch on June 15, 2020.  The newly rebranded channel will significantly expand the distribution, which currently reaches over 100M U.S. television households and over 200M users via OTT and mobile devices.Kartoon Channel is a digital channel for kids 2-11-years-old to access over 4,000 episodes of premium entertaining, enriching and educational content anytime, anywhere in a safe environment. The...

LOS ANGELES, May 06, 2020 (GLOBE NEWSWIRE) — Ritter Pharmaceuticals, Inc. (Nasdaq: RTTR) (“Ritter Pharmaceuticals” or the “Company”), today announced that Institutional Shareholder Services Inc. (ISS) and Glass Lewis, two leading independent research and proxy advisory firms that provide institutional investors with voting assessment and recommendations based on evaluating governance, business, legal, political and accounting risks at public companies, have recommended that Ritter Pharmaceuticals stockholders vote “FOR” the Company’s proposed merger with Qualigen, Inc. (“Qualigen”) and each of the merger proposals to be considered at Ritter Pharmaceuticals’ upcoming special meeting of stockholders scheduled for May 14, 2020.In making its recommendation, ISS noted, “In light of the contingent value right, the improved balance sheet,...

GAITHERSBURG, Md., May 06, 2020 (GLOBE NEWSWIRE) — Novavax, Inc. (Nasdaq: NVAX), a late stage biotechnology company developing next-generation vaccines for serious infectious diseases, today announced it will report its first quarter 2020 financial and operating results following the close of U.S. financial markets on Monday, May 11, 2020.About NovavaxNovavax, Inc. (Nasdaq:NVAX), is a late-stage biotechnology company that promotes improved health globally through the discovery, development, and commercialization of innovative vaccines to prevent serious infectious diseases and address urgent, global health needs. Novavax recently initiated development of NVX-CoV2373, its vaccine candidate against SARS-CoV-2, the virus that causes COVID-19, with Phase 1 clinical trial results expected in July of 2020. NanoFlu™, its quadrivalent influenza...

STAMFORD, Conn., May 06, 2020 (GLOBE NEWSWIRE) — Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, today announced the launch of the 2020 ISG Star of Excellence™ Award program. Now in its third year, the program is the first-of-its-kind to rank providers on the quality of their services based on direct feedback from enterprise customers.Through its “Voice of the Customer” study, ISG is surveying more than 1,500 enterprise customers to obtain their feedback on providers’ service quality for two award categories. The first category recognizes service excellence among providers offering core technology services, including those delivered via the cloud, in such areas as application development and maintenance (ADM), managed data centers, end user computing, managed...

Progress on COVID-19 Vaccine Development; Continued Advancements in Other Infectious Disease and Immuno-Oncology ProgramsATLANTA, GA, May 06, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — GeoVax Labs, Inc. (OTC: GOVX), a biotechnology company developing human vaccines, today announced its financial results for the three months ended March 31, 2020 and provided an update on its corporate development progress.David Dodd, President & CEO, commented, “During the early months of 2020, GeoVax continued to make progress in various areas of product development and corporate business strategy, despite the limited capital resources which have constrained our activities. Most notable was our decision to use our technology and expertise to develop a vaccine against novel coronavirus (COVID-19) as discussed in greater detail below. I...

BOSTON, May 06, 2020 (GLOBE NEWSWIRE) — LogMeIn, Inc. (Nasdaq:LOGM) today announced a new addition to its GoTo Unified Communications & Collaboration (UCC) portfolio with a new version of GoToMeeting designed with the needs of telehealth professionals in mind. GoToMeeting for Healthcare ​is an easy-to-use video conferencing platform ​that comes pre-configured with robust technical, organizational, and physical security measures so that telehealth professionals can safely and securely transmit patient data and continue to meet their own HIPAA compliance obligations.GoToMeeting for Healthcare is ​designed to easily connect providers across a wide range of healthcare organizations such as hospitals, assisted living ​centers, ​urgent care and general medical facilities, ​behavioral health​ offices, social workers, ​dental practices, and...

Strong balance sheet with ample liquidity and $95 million in cash and cash equivalentsDeclared a quarterly cash dividend of $0.20 per shareExpect to realize $8 million in annualized cost savings in 2020HONG KONG, May 06, 2020 (GLOBE NEWSWIRE) — Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for the first quarter ended March 31, 2020.First Quarter 2020 Financial HighlightsRevenue of $14.9 million decreased 23% compared to $19.3 million in the first quarter of 2019.Operating loss was $1.4 million compared to a loss of $2.7 million in the first quarter of 2019.Net loss was $573,000, or $0.05 per diluted share, compared to a net loss of $1.9...